1203 E KRAMER Circle, Mesa, AZ 85203, Mesa, 85203 - 4 bed, 3 bath
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Mesa, AZ 85203
This Modernized Single-Story Residence is a Prime Investment Opportunity, listed at $692,000—positioned well below the $706,679 Fair Market Value by 2%. This valuation gap provides $14,679 in Instant Equity. Boasting a Move-in Ready Condition, the home features a 2025 exterior paint update, wood-look flooring, and a gourmet kitchen. Residents enjoy mountain views within the gated Summit Shadows community, plus access to the 9/10 rated Franklin Elementary. This property is a premier choice for Owner-Occupants or growing families seeking a high-quality, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1203 E KRAMER Circle Subject | $692,000* List Price | 4 | 3 | 2,969 | $238 | - |
A 1313 N DELMAR -- Sold | $568,900 | 4 | 3 | 2,768 | $206 | 0.9 mi |
B 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.5 mi |
C 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.5 mi |
D 1432 E INDIGO Circle Sold | $715,000 | 4 | 3 | 2,532 | $282 | 0.6 mi |
E 1432 E INDIGO Circle Sold | $715,000 | 4 | 3 | 2,532 | $282 | 0.6 mi |
F 1924 N HARRIS Drive Active Under Contract | $499,900 List Price | 4 | 3 | 2,585 | $193 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant recent cosmetic updates including 2025 exterior paint and modern wood-look flooring throughout. While the kitchen cabinetry and bathroom structures appear original to the 2001 build, they are in excellent condition and complemented by updated stainless steel appliances, LED lighting, and a clean, neutral aesthetic.
Elementary School: Franklin Elementary School (9/10).
The home features a fresh 2025 exterior paint job, updated LED lighting, and contemporary wood-look flooring, offering a move-in-ready aesthetic for modern buyers.
With a dedicated den and a 4th bedroom converted into a media room with a projector, the layout provides exceptional flexibility for remote work and home entertainment.
While the elementary schools are highly rated, the assigned high school has a lower rating (5/10), which may be a concern for families prioritizing long-term educational consistency.
Built in 2001, the property may soon require significant capital investments for original systems such as the roof or HVAC units as they approach the end of their typical 25-year lifecycle.
Beautiful single-story home with exterior walls painted in 2025, 2.5-car garage in gated community. Bright layout with LED lighting, wood-look flooring, arched passageways, soaring ceilings, and a soothing palette. The family room boasts a tiled fireplace to ensure cozy winter evenings. The gourmet kitchen features abundant cabinetry, ample counter space, stainless steel essentials. The main bedroom offers a walk-in closet, and a spa-like bathroom with an oversized dual-sink vanity and a separate shower & tub. The 4th bedroom was converted into a media room with a projector to entertain the family & guests. The large den is perfect for home office or quiet retreat. A cozy covered patio perfect for morning coffee and evenings lookouts, accompanied by a relaxing landscape.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 3.3 mi
Grades K-6 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,969 | 2,283 | 76% |
| Lot Size | 8,772 | 10,866 | 24% |
| Price | $692.0K | $410.0K | 83% |
| Price per sq ft | $233 | $219 | 53% |
| Built year | 2001 | 1981 | 97% |
| HOA | $468 | $0 | 99% |
| Days on market | 68 | 2132 | 1% |
Feb 13, 2026
$692,000
Initial Listing