
Mesa, AZ 85202
This 4-bedroom single-family residence presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $401,763 Fair Market Value by 0.69%. This valuation gap offers $2,763 in Instant Equity. Featuring a Condition Rating of 4, the home requires cosmetic updates, yet offers a versatile Arizona room and a spacious lot. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through personalization in a convenient Mesa location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1508 W VINE Avenue Subject | $399,000* List Price | 4 | 2 | 1,642 | $245 | - |
A 1649 W PUEBLO Avenue Sold | $379,000 | 4 | 2 | 1,605 | $236 | 0.3 mi |
B 713 S Sycamore Street Sold | $315,000 | 3 | 2 | 1,353 | $233 | 0.4 mi |
C 1512 W CRESCENT Avenue Active Under Contract | $349,950 List Price | 3 | 2 | 1,447 | $242 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 and appears largely original with dated finishes including popcorn ceilings, wallpaper, and older bathroom vanities/fixtures. While the home is well-maintained and functional, it exceeds the 20-year threshold for modern updates and requires cosmetic renovation throughout.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features a dedicated Arizona room equipped with a mini-split system, providing valuable climate-controlled square footage suitable for a home office, fitness area, or family room.
The spacious backyard is highly functional, featuring mature shade and fruit trees, a large storage shed for workshop use, and gated side access for convenient equipment or vehicle storage.
Built in 1970 and noted as an opportunity to 'personalize,' the home likely requires capital investment for cosmetic or mechanical updates to meet modern buyer expectations.
The primary assigned neighborhood schools, including Adams Elementary and Westwood High, currently hold lower performance ratings, which may impact long-term resale appeal for families.
Well-maintained 4-bed, 2-bath home offering space, comfort, and endless possibilities in the heart of Mesa! Inside, you'll find a functional floor plan with multiple living areas, providing flexibility for entertaining, working from home or simply relaxing. The spacious kitchen features abundant cabinetry, generous counter space, and a breakfast bar overlooking the dining area. One of the home's standout features is the Arizona room with mini-split, adding valuable year-round living space that's perfect as a family room, game room, hobby space, home office, or fitness area. The primary suite includes its own private bathroom, while three additional bedrooms and a second full bath provide comfortable accommodations for family and guests... This home has been lovingly maintained and offers the perfect opportunity to enjoy as-is or personalize with your own updates. Step outside to a spacious backyard filled with mature shade and fruit trees, a covered patio, grassy lawn, and room to garden, play, or entertain. A large storage shed provides extra space for a workshop, tools, seasonal décor, or outdoor equipment. The covered carport, extended driveway, and gated side access add everyday convenience. Conveniently located near parks, schools, shopping, dining, and freeway access, this home offers exceptional value with room to make it your own.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 2.0 mi
Grades K-6 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,642 | - |
| Lot Size | 6,726 | - |
| Price | $399.0K | $476.2K |
| Price per sq ft | $243 | $271 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 2611 |
Jun 25, 2026
$399,000
Initial Listing