
Mesa, AZ 85213
This Updated Single-Family Residence is a Strong Value Opportunity, listed at $379,900—positioned well below the $405,406 Fair Market Value by 6%. This valuation gap offers $25,506 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the home features new wood-look flooring, updated appliances, and a private patio. Situated in a gated community near the 9/10 rated Franklin Elementary School, it perfectly balances lifestyle perks with investment logic. This property is ideal for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 N 22ND Place 108 Subject | $375,000* List Price | 3 | 2 | 1,254 | $315 | - |
A 235 N 22ND Place 535 Sold | $343,000 | 3 | 2 | 1,243 | $276 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and reflects pride of ownership with significant recent updates. Built in 2000, the home features new wood-look laminate flooring throughout and updated stainless steel and black appliances in the kitchen. While the honey-oak cabinetry and laminate countertops appear to be original to the build, they are well-maintained. The interior has been refreshed with neutral paint and updated lighting fixtures, meeting the criteria for a well-maintained home within the 10-20+ year range that has undergone partial renovation.
Elementary School: Franklin Elementary School (9/10).
The home features new flooring, updated appliances, and several modern improvements, making it a move-in-ready option for first-time buyers or investors.
Situated on a desirable corner lot within a secure gated community, the property offers easy access to the community pool and spa.
With a lot size of under 3,000 square feet, the outdoor space is relatively small, which may not suit buyers looking for a large private yard.
While the local elementary schools are top-rated, the assigned middle and high schools have lower performance ratings, potentially impacting long-term appeal for growing families.
Perfect starter home, 2nd home, or investment! New Floors, appliances, and multiple updates over the last few years! Blending style, comfort, and convenience. 3 ample sized bedrooms and 2 full bathrooms built with a thoughtful layout/floor-plan. Ideal community location featuring a corner lot and just a short walk to the community pool and spa. Plenty of space in the private backyard to relax, let the dog run, and kids play. Minutes from freeways, downtown Mesa, and endless amount of shopping. Gated community with very low HOA. This won't last long!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.5 mi
Grades K-6 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 31% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,254 | 2,350.5 | 2% |
| Lot Size | 2,929 | 9,675.5 | 2% |
| Price | $375.0K | $469.5K | 44% |
| Price per sq ft | $299 | $242 | 85% |
| Built year | 2000 | 1994 | 63% |
| HOA | $233 | $0 | 85% |
| Days on market | 41 | 2464 | 1% |
Apr 20, 2026
$375,000
$379,900
-1% Price Drop
Initial Listing
Mar 12, 2026
$379,900
Initial Listing