11518 E COVINA Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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11518 E COVINA Street
Mesa, AZ 85207
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,204Sq Ft
5,249Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$397,057
5% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $375,000—positioned well below the $397,058 Fair Market Value by 5%. This valuation gap offers $22,058 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes a sparkling Pebble Tec pool, mountain views, and recent upgrades like a new A/C and flooring. It is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a turnkey lifestyle in a desirable Mesa location.
Estimated Market Value
$397,057+$22,057 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11518 E COVINA Street Subject 3 bd · 2 ba · 1,204 sqft · $330 | $375,000* List Price | 3 | 2 | 1,204 | $330 | - |
A 11340 E CABALLERO Street Sold 3 bd · 2 ba · 1,557 sqft · $274 · 0.2 mi | $426,000 | 3 | 2 | 1,557 | $274 | 0.2 mi |
B 11507 E Contessa Street Active 3 bd · 2 ba · 1,388 sqft · $275 · 0.1 mi | $382,000 List Price | 3 | 2 | 1,388 | $275 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1998, the property qualifies as Excellent due to comprehensive recent renovations (likely <5 years). The interior features a fully updated kitchen with modern white cabinetry, stone countertops, and newer stainless steel appliances, along with new flooring throughout. Critical systems have been recently replaced, including a new A/C unit and water heater, ensuring the home is in mint, move-in ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin at Brimhall Elementary School (9/10).
- Outdoor Living & Views
The property features a private backyard retreat with a sparkling Pebble Tec pool and scenic mountain views, offering a premium Arizona outdoor experience.
- Recent Capital Improvements
Significant recent updates including a new A/C unit, water heater, flooring, and newer appliances reduce immediate maintenance costs and add significant value.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,204 square feet for a three-bedroom home, the interior living areas and bedrooms may feel constrained compared to larger suburban alternatives.
- Average School Ratings
The assigned middle and high schools have lower performance ratings (4 and 5 respectively), which may be a drawback for families prioritizing top-tier education.
About 11518 E COVINA Street
Don't miss this inviting Single-level home in desirable Meridian Hills, offering comfort, updates, and an incredible Arizona lifestyle! The spacious open great room flows into a bright Kitchen with newer appliances and a Dining area overlooking the extended Covered Patio. Step outside to your Private Backyard retreat featuring a sparkling Pebble Tec pool and beautiful Mountain Views--perfect for BBQs and Entertaining! Recent updates include a new A/C unit, new Water Heater, new Flooring, and RV Gate! Tile roof, low-maintenance desert landscaping, Interior Laundry, and a 2-car Garage with Cabinets complete the package. Priced to sell and ready to welcome you Home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 5,249 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $54 / Month
Neighborhood Insights
Mesa Unified Schools
Sousa Elementary School
Grades PK-6 • 0.5 mi
6/10
Franklin at Brimhall Elementary School
Grades PK-6 • 8.5 mi
9/10
Franklin Elementary School
Grades K-6 • 12.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,204 | 1,898.592 |
| Lot Size | 5,249 | 7,745.036 |
| Price | $375.0K | $485.3K |
| Price per sq ft | $311 | $264 |
| Built year | 1998 | 1995 |
| HOA | $54 | $174 |
| Days on market | 23 | 67 |
Pricing History
Listed for Sale
Oct 1, 2026
$375,000
Initial Listing