11516 E MADERO Avenue, Mesa, AZ 85209, Mesa, 85209 - 2 bed, 3 bath
Loading property details...
Mesa, AZ 85209
This Modernized Corner-Lot Residence is a Strong Value Opportunity, with a List Price of $550,000—positioned well below the $589,901 Fair Market Value by 6%. This valuation gap provides $39,901 in Instant Equity. Boasting a Good Condition Rating, the home features a renovated quartz kitchen, vaulted ceilings, and wood-look flooring. Proximity to Augusta Ranch Elementary and Desert Ridge High complements the resort-style amenities of Sunland Springs Village. This property balances lifestyle with financial upside, ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11516 E MADERO Avenue Subject | $550,000* List Price | 2 | 3 | 2,333 | $253 | - |
A 2753 S COPPERWOOD -- Sold | $660,000 | 3 | 2 | 2,209 | $299 | 0.5 mi |
B 11427 E MONTEREY Avenue Sold | $495,000 List Price | 2 | 2 | 2,435 | 0.2 mi | |
C 11344 E NIDO Avenue Sold | $500,000 | 3 | 2 | 1,811 | $276 | 0.3 mi |
D 2705 S COPPERWOOD Avenue Sold | $560,000 | 2 | 3 | 2,014 | $278 | 0.4 mi |
E 11510 E LOMITA Avenue Sold | $455,000 | 2 | 2 | 1,769 | $257 | 0.2 mi |
F 11547 E NEVILLE Avenue Sold | $484,500 | 3 | 3 | 2,114 | $229 | 0.3 mi |
G 2607 S COPPERWOOD -- Active | $649,900 List Price | 3 | 3 | 2,162 | $301 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates that elevate it above its 2000 build year. The kitchen has been modernized with quartz countertops, a tile backsplash, and stainless steel appliances. Interior upgrades include contemporary wood-look flooring and vaulted ceilings. While the home is over 20 years old, the level of maintenance and the quality of the renovations to key areas like the kitchen and flooring align with the 'Good' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9388, living area = 2333.
The home features high-end finishes including quartz countertops, stainless steel appliances, and wood-look flooring, providing a contemporary and move-in-ready aesthetic.
Situated on a spacious corner lot, the property offers enhanced privacy, stone facade accents, and a large 2-car garage with built-in storage cabinets.
Despite the generous 2,333 square footage, the home only offers two bedrooms, which may limit its appeal to buyers requiring more dedicated sleeping spaces.
The assigned high school has a lower rating of 4/10, which could potentially impact future resale value and appeal to a broader range of buyers.
Welcome home! This inviting corner-lot property charms with stone accents on the facade and a spacious 2-car garage (21' x 28.5') featuring attached cabinets for extra storage. Inside, vaulted ceilings and wood-look floors create an airy feel. The living and dining room flows seamlessly, while a quiet den is perfect for a home office. The kitchen shines with stainless appliances, , quartz counters, a tile backsplash, and a peninsula with breakfast bar. Main bedroom boasts a private bath with dual sinks, a soaking tub, and walk-in closet. Outside, a covered patio overlooks a sizable low maintenance backyard, with roller shields on the back patio for added security and convenience. Community amenities include a pool, pickleball, tennis, fitness centers, and so much more!
No exterior & parking available.
Grades PK-6 • 1.9 mi
Grades PK-6 • 2.6 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,333 | 1,825 | 84% |
| Lot Size | 9,388 | 6,547 | 90% |
| Price | $550.0K | $354.0K | 87% |
| Price per sq ft | $236 | $215 | 61% |
| Built year | 2000 | 1999 | 54% |
| HOA | $926 | $170 | 99% |
| Days on market | 40 | 2428 | 1% |
Mar 13, 2026
$550,000
Initial Listing