
Mesa, AZ 85204
This Value-Add Residential Asset is listed at $389,000, currently positioned above the $267,379 Fair Market Value. Boasting a Condition Rating of 5, the property requires a full interior rehab but offers significant upside through its 1,862 SqFt floor plan, which includes a versatile 400 sq ft additional living space. The 8,063 sq ft lot features a desirable RV gate and No HOA restrictions, providing rare flexibility for storage. Located near Top-Rated Franklin Schools (10/10), this project is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1428 E HARMONY Avenue Subject | $379,900* List Price | 3 | 2 | 1,862 | $142 | - |
A 627 E HAMPTON Avenue Sold | $364,900 List Price | 3 | 2 | 2,228 | 1.0 mi | |
B 2165 E HAMPTON Avenue Sold | $430,000 | 3 | 2 | 1,688 | $255 | 0.9 mi |
C 1064 E HOOVER Avenue Pending | $350,000 List Price | 4 | 2 | 1,579 | $222 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and nearly 50 years old, the property requires a full rehab. Interior images reveal heavily stained carpeting, dated kitchen cabinetry/appliances, popcorn ceilings, and an unfinished additional living space with significant wall damage and bare floors.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8063, living area = 1862.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property includes a substantial 400 sq ft additional living area, offering rare flexibility for a family room, home gym, or game room beyond the standard floor plan.
Built in 1977 and marketed as needing a 'personal touch,' the property likely requires capital investment for cosmetic and functional upgrades to meet modern standards.
While the home is conveniently located near schools, the assigned elementary and high schools currently hold lower performance ratings, which may affect long-term resale appeal to some families.
Welcome to this charming single-story home in the desirable Emerald Acres community of Mesa. Featuring 3 bedrooms & 2 bathrooms, this property offers both comfort and versatility for everyday living. Step inside to find a bright & inviting layout, complemented by central air conditioning for year-round comfort. One of the standout features is the expansive approx 400 sq ft additional living space--perfect for a family room, or game room! A convenient RV gate provides extra flexibility for parking & storage. Ideally situated within walking distance to Keller Elementary School and Emerald Park this property also has great access to US 60 and is conveniently located to shopping, dining and entertainment. Ready for your personal touch...come check this one out today!!
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades K-6 • 0.8 mi
Grades K-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,862 | 1,595.5 | 72% |
| Lot Size | 8,063 | 7,366.5 | 69% |
| Price | $379.9K | $279.1K | 61% |
| Price per sq ft | $204 | $205 | 50% |
| Built year | 1977 | 1980 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 2369 | 1% |
May 22, 2026
$379,900
$389,000
-2% Price Drop
Initial Listing
May 1, 2026
$389,000
Initial Listing