1466 E 2ND Street, Mesa, AZ 85203, Mesa, 85203 - 3 bed, 2 bath
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Mesa, AZ 85203
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $370,000—positioned well below the $414,879 Fair Market Value by 10%. This valuation gap offers $44,879 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a 2021 roof, 2025 water heater, and Granite Kitchen Countertops. With a large 9,283 sqft lot and no HOA, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1466 E 2ND Street Subject | $370,000* List Price | 3 | 2 | 1,267 | $327 | - |
A 1539 E 3RD Street Sold | $399,000 | 3 | 2 | 1,274 | $313 | 0.1 mi |
B 1539 E 3RD Street Sold | $399,000 | 3 | 2 | 1,274 | $313 | 0.1 mi |
C 1505 E 3RD Place Active Under Contract | $417,999 List Price | 3 | 2 | 1,475 | $283 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1960, the home has been recently refreshed with a 2021 roof, a 2025 water heater, and updated granite countertops. The interior features new carpet and paint, making it functional and move-in ready, fitting the 5-15 year renovation window for well-maintained properties.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9283, living area = 1267.
Elementary School: Franklin Elementary School (9/10).
The property features significant recent capital improvements, including a new roof installed in 2021 and a 2025 water heater, providing buyers with peace of mind and reduced immediate maintenance costs.
At 1,267 square feet, the home's footprint is relatively small compared to modern standards, which may be a constraint for growing families or those seeking more spacious living areas.
While some specialized schools nearby are highly rated, the primary assigned elementary and junior high schools have lower ratings (3 and 4), which could impact appeal for education-focused buyers.
Updated single level Mesa home with no HOA and a convenient location near Downtown Mesa shopping dining and everyday services. The current owners have remodeled and refreshed the home with recent interior and exterior paint neutral carpet ceiling fans and granite kitchen countertops. The north south lot offers a large backyard with grass plus an extended covered patio for outdoor living. The two-car extended garage PLUS extra parking pad adds rare utility with room for a work area an air conditioner and pull down attic storage. Practical clean and well located with the space buyers want inside and out. Roof 2021, Water Heater 2025
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-6 • 1.3 mi
Grades K-6 • 1.9 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 | 1,267 | 2,164.5 | 13% |
| Lot Size | 9,283 | 10,262.5 | 39% |
| Price | $370.0K | $394.5K | 45% |
| Price per sq ft | $292 | $202 | 82% |
| Built year | 1960 | 1983 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 2320 | 3% |
May 6, 2026
$370,000
Initial Listing