
Mesa, AZ 85207
This Spacious North Mesa Residence is a Strong Value Opportunity, listed at $510,000—positioned well below the $556,818 Fair Market Value by 8%. This valuation gap provides $46,818 in Instant Equity for buyers. While maintaining a Functional Condition Rating with dated interior elements, the property features a 9,072 square foot lot, no HOA fees, and a covered patio. Located within walking distance of Red Mountain High School and near top-rated Franklin Elementary (9/10), it is an ideal acquisition for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1245 N Raven -- Subject | $510,000* List Price | 4 | 2 | 2,244 | $248 | - |
A 7341 E GLENCOVE Street Sold | $430,000 List Price | 4 | 3 | 2,264 | 0.1 mi | |
B 1358 N RAVEN -- Sold | $465,000 | 3 | 3 | 1,766 | $263 | 0.1 mi |
C 1638 N AVOCA -- Sold | $522,500 | 3 | 3 | 2,184 | $239 | 0.5 mi |
D 7436 E HANNIBAL Street Active | $500,000 List Price | 4 | 3 | 2,184 | $229 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this property is well-maintained and move-in ready but shows clear signs of its age. While the hardwood flooring appears to be a quality upgrade and the interior paint is neutral, the kitchen and bathrooms feature dated elements such as oak-style cabinetry and tile countertops. The home has undergone occasional updates rather than a full modern renovation, fitting the criteria for a functional but aesthetically outdated property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9072, living area = 2244.
Elementary School: Franklin Elementary School (9/10).
The property sits on a generous 9,072 square foot lot, providing ample space for outdoor entertaining, a private pool, or custom landscaping projects in a well-established neighborhood.
Built in 1986, the home may require significant updates to major systems or cosmetic finishes to meet modern energy efficiency and contemporary design standards.
The 1980s architecture may feature traditional compartmentalization that some modern buyers might find less fluid than current open-concept floor plans.
Welcome to this inviting North Mesa home that blends space, comfort, and warmth in a well established neighborhood. This 4 bedroom, 2 bathroom home offers over 2,200 square feet of living space with a layout designed for both everyday living and entertaining. Bright and open living areas create the perfect setting for gatherings with family and friends, while the kitchen flows easily into the main living spaces. The primary suite provides a relaxing retreat, and the additional bedrooms offer flexibility for guests, kids, or a home office. Situated on an approximately 9,000 square foot lot, the backyard offers plenty of room to relax, entertain, or create your own outdoor oasis. Conveniently located near parks, schools, shopping, and dining.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 4.4 mi
Grades K-6 • 7.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,244 | 2,108 | 58% |
| Lot Size | 9,072 | 9,283 | 48% |
| Price | $510.0K | $375.0K | 65% |
| Price per sq ft | $227 | $245 | 45% |
| Built year | 1986 | 2000 | 19% |
| HOA | $0 | $120 | 31% |
| Days on market | 57 | 2430 | 1% |
Feb 24, 2026
$510,000
Initial Listing