1335 E GRANADA Street, Mesa, AZ 85203, Mesa, 85203 - 4 bed, 2 bath
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Mesa, AZ 85203
This Spacious Pool Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $564,738 Fair Market Value by 7%. This valuation gap provides $39,738 in Instant Equity for the buyer. Maintaining a Move-In Ready Condition Rating, the home features critical updates including a new roof (2023), AC (2025), and water heater (2026). Lifestyle perks include a contemporary pool with waterfall and proximity to the 9/10 rated Franklin Elementary School. This property is an ideal acquisition for Owner-Occupants seeking built-in wealth or Buy-and-Hold Investors targeting a low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1335 E GRANADA Street Subject | $525,000* List Price | 4 | 2 | 2,139 | $264 | - |
A 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.4 mi |
B 1816 E ENROSE Street Sold | $539,500 | 4 | 2 | 2,032 | $266 | 0.9 mi |
C 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.4 mi |
D 731 N ORACLE Street Sold | $410,000 | 4 | 2 | 2,220 | $185 | 0.9 mi |
E 1313 N DELMAR -- Sold | $568,900 | 4 | 3 | 2,768 | $206 | 0.1 mi |
F 1340 N DIANE Circle Active | $539,000 List Price | 4 | 2 | 1,973 | $273 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property is in move-in ready condition with major recent system updates: AC (2025), Roof (2023), and Water Heater (2026). The kitchen features updated granite countertops and stainless steel appliances, though the oak cabinetry and mirrored walls reflect a more dated aesthetic.
Elementary School: Franklin Elementary School (9/10).
The home features major recent upgrades including a new roof underlayment (2023), a replaced AC unit (2025), and a new water heater (2026), offering buyers peace of mind and reduced near-term maintenance costs.
The property includes a contemporary-style pool with a waterfall feature and a recently redone pergola, providing a high-value outdoor living space ideal for the Arizona climate.
The property's convenient proximity to the 202 highway may result in audible traffic noise, which could be a drawback for buyers seeking a quiet residential atmosphere.
Built in 1987, the home may still possess some original architectural elements or layout features that feel less modern compared to newer construction in the Mesa area.
Welcome to this beautiful 4 bedroom pool home conveniently located close to the 202 highway. This home has had major upgrades recently: Full roof underlayment 2023, AC unit replaced in 2025, Water heater replaced in 2026. Plus the pergola was redone in recent years. From the moment you step in the front door, you will appreciate the sense of light, bright and expansive living spaces. Soaring ceilings and a semi-open floor plan make this house especially attractive. The generous kitchen is graced with granite counters and stainless steel appliances. Out back, enjoy a gorgeous contemporary style pool complete with waterfall.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 2.6 mi
Grades K-6 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,139 | 2,179.5 | 50% |
| Lot Size | 8,346 | 10,262.5 | 32% |
| Price | $525.0K | $399.0K | 71% |
| Price per sq ft | $245 | $202 | 71% |
| Built year | 1987 | 1984 | 68% |
| HOA | $163 | $0 | 95% |
| Days on market | 48 | 2320 | 3% |
May 2, 2026
$525,000
Initial Listing