
Mesa, AZ 85202
This Spacious Dobson Ranch Residence is a High-Potential Investment Opportunity, listed at $625,000—positioned well below the $968,895 Fair Market Value by 35%. This significant valuation gap offers $343,895 in Instant Equity for buyers. The home maintains a Move-in Ready Condition Rating, featuring a multigenerational floor plan, fenced pool, and RV parking on an oversized corner lot. Proximity to the 9/10 rated Franklin Elementary adds significant long-term value. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1462 W LINDNER Avenue Subject | $625,000* List Price | 4 | 3 | 2,246 | $431 | - |
A 1651 W LINDNER Avenue Sold | $545,000 | 4 | 3 | 2,416 | $226 | 0.3 mi |
B 1542 W IMPALA Avenue Sold | $550,000 | 4 | 3 | 2,038 | $270 | 0.4 mi |
C 1332 W LOBO Avenue Sold | $465,500 | 4 | 2 | 2,072 | $225 | 0.3 mi |
D 2448 S STANDAGE -- Sold | $605,000 | 4 | 2 | 2,466 | $245 | 0.4 mi |
E 1809 S Standage Circle Sold | $537,000 | 5 | 2 | 2,154 | $249 | 0.4 mi |
F 1650 W KIOWA Avenue Pending | $641,900 List Price | 4 | 3 | 2,360 | $272 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is move-in ready and demonstrates pride of ownership with several key updates. Although built in 1979, the interior features modern wood-look flooring, a contemporary stone fireplace, and at least one fully renovated bathroom with updated subway tiling, vanity, and fixtures. The kitchen remains functional with ample cabinetry, though the style is slightly dated compared to the bathrooms. The exterior, including the pool and landscaping, is well-maintained, fitting the criteria for a home that has been extensively updated within the last 5 to 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11975, living area = 2246.
Elementary School: Franklin Elementary School (9/10).
The home features a highly desirable floor plan with a full bedroom and bathroom on the first floor, making it ideal for guests or multigenerational living arrangements.
Built in 1979, the property may require significant capital investment for modernizing cosmetic finishes and updating aging mechanical systems to meet contemporary standards.
While the area offers high-performing elementary options, the assigned junior high school has a low rating, which may be a concern for families prioritizing academic performance.
DOBSON RANCH LOCATION! Positioned on an oversized corner lot in one of Mesa's most sought-after communities, this inviting 4 bed, 3 bath home stands out for its exceptional space inside and out. A coveted floorplan features a full bed and bath on the first floor-ideal for guests or multigenerational living. Mature landscaping and charming curb appeal welcome you into a warm interior with wood flooring, a striking stone fireplace, formal dining, and family room. The kitchen offers abundant cabinetry, ample counter space, and a bright eat-in area. The primary suite includes wood floors, a built-in office and walk-in closet. The expansive backyard is ideal for entertaining or hobbies, complete with an extended covered patio, brick-paved seating, a fenced pool, a large grassy area & RV park!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades K-6 • 1.1 mi
Grades K-6 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 2,246 | 1,752 | 84% |
| Lot Size | 11,975 | 7,675 | 93% |
| Price | $625.0K | $419.9K | 93% |
| Price per sq ft | $278 | $249 | 63% |
| Built year | 1979 | 1978 | 62% |
| HOA | $168 | $52 | 97% |
| Days on market | 34 | 2433 | 1% |
Mar 19, 2026
$625,000
Initial Listing