1535 N HORNE Avenue 113, Mesa, AZ 85203, Mesa, 85203 - 2 bed, 2 bath
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Mesa, AZ 85203
This Modernized Corner Residence is a High-Potential Investment Opportunity listed at $369,990—positioned well below the $446,140 Fair Market Value by 17%. This valuation gap provides $76,150 in Instant Equity. Boasting a Good Condition Rating, the home features a new roof, energy-efficient windows, and vaulted ceilings with a wraparound fireplace. Residents benefit from the top-rated Franklin Elementary School (9/10) and a private covered patio. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1535 N HORNE Avenue 113 Subject | $369,990* List Price | 2 | 2 | 1,006 | $443 | - |
A 630 E JENSEN Street 106 Sold | $340,000 | 2 | 2 | 884 | $385 | 0.5 mi |
B 619 E JENSEN Street 92 Sold | $348,000 | 2 | 2 | 904 | $385 | 0.4 mi |
C 1535 N HORNE -- 37 Sold | $357,000 | 3 | 2 | 1,217 | $293 | 0.1 mi |
D 1535 N HORNE -- 74 Sold | $400,000 | 2 | 2 | 1,217 | $329 | 0.1 mi |
E 1836 N STAPLEY Drive 3 Active Under Contract | $359,900 List Price | 3 | 2 | 1,228 | $293 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent 'big-ticket' renovations including a new roof, new energy-efficient windows, new LVP flooring, and fresh interior/exterior paint. While the home is well-maintained with modern fixtures and vaulted ceilings, the kitchen cabinetry and countertops appear to be refreshed originals rather than a full contemporary replacement, which aligns with the 'good' condition criteria for a 1985 build.
Elementary School: Franklin Elementary School (9/10).
The property features significant 'big-ticket' improvements including a new roof, new energy-efficient windows, and new LVP flooring, offering a low-maintenance move-in experience for the buyer.
Vaulted ceilings with exposed wooden beams and a stunning wraparound fireplace create a warm, stylish, and spacious interior feel that distinguishes it from standard residential builds.
The assigned middle and high schools have low ratings (2/10 and 3/10), which may be a concern for families and could impact long-term resale value.
With only 1,006 square feet of living area, the home's footprint is relatively small for a single-family residence, potentially limiting its appeal to buyers seeking more interior volume.
Welcome to this beautifully modernized 2 bedroom 2 bathrooms PLUS den and a corner lot ! Offers style, comfort and value! Most major upgrades include a New roof, New LVP flooring, Newly done interior/exterior paint and all New energy-efficient windows. This home is truly low-maintenance with all the big-ticket items already done for you. Vaulted ceilings with wooden beams and a stunning wraparound fireplace to create a warm and inviting space filled with natural lighting. Enjoy the cozy office/den with views and a spacious private backyard with a covered patio and mature trees for a perfect vibe for entertaining or just relaxing. Plenty of storage and room for endless possibilities!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.2 mi
Grades K-6 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 7% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,006 | 2,262 | 3% |
| Lot Size | 4,160 | 10,866 | 8% |
| Price | $370.0K | $400.0K | 41% |
| Price per sq ft | $368 | $219 | 96% |
| Built year | 1985 | 1981 | 63% |
| HOA | $94 | $0 | 97% |
| Days on market | 19 | 2132 | 1% |
Apr 3, 2026
$369,990
Initial Listing