
Mesa, AZ 85205
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $400,000—positioned well below the $406,191 Fair Market Value by 1.5%. This valuation gap offers $6,191 in Instant Equity. The property maintains a Condition Rating of 5, featuring a Private Deep Pool and No HOA fees. While the interior offers potential for modernization, the large lot and proximity to Franklin at Brimhall Elementary (9/10) provide long-term stability. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a value-add home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1259 N ROSEMONT Street Subject | $400,000* List Price | 3 | 2 | 1,635 | $248 | - |
A 5322 E FOUNTAIN Street Sold | $465,000 | 4 | 2 | 1,812 | $257 | 0.5 mi |
B 5228 E DES MOINES Street Sold | $319,900 | 2 | 2 | 1,423 | $225 | 0.9 mi |
C 1616 N ALTA MESA Drive 13 Sold | $320,528 | 2 | 2 | 1,217 | $263 | 1.0 mi |
D 5228 E Des Moines Street Sold | $319,900 | 2 | 2 | 1,064 | $301 | 0.9 mi |
E 614 N ST PAUL -- Pending | $365,000 List Price | 3 | 2 | 1,696 | $215 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 38 years old (built 1986), placing it in the >30y category. While well-maintained with a new water heater (2023) and updated flooring, the kitchen remains in original condition with dated oak cabinets and fluorescent box lighting. The presence of popcorn ceilings and the need for a full kitchen/bath rehab to meet modern standards justifies the rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7087, living area = 1635.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The absence of a Homeowners Association offers buyers significant monthly savings and greater freedom regarding property use and vehicle storage.
Built in 1986, the home may require cosmetic updates beyond the new water heater to meet modern aesthetic standards and buyer expectations.
While conveniently located near schools, the assigned junior high and high schools carry average ratings, which may be a consideration for education-focused families.
This lovely home is in one of my favorite spots in Mesa, close to everything you love including schools, shopping and more. There is NO HOA to worry about with this home. From the moment you step in, you will feel the light and space from soaring cathedral ceilings. The semi-open floor plan offer lots of flexibility. This home was well loved and features some quality updates such as a new water heater in 2023. Out back it a spacious fenced yard complete with oversized pool that is 8 feet deep.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 3.3 mi
Grades K-6 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,635 | - |
| Lot Size | 7,087 | - |
| Price | $400.0K | $476.2K |
| Price per sq ft | $245 | $271 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 2611 |
Jun 25, 2026
$400,000
Initial Listing