
Mesa, AZ 85203
This custom residence represents a High-Potential Investment Opportunity with a List Price of $759,900—positioned well below the $1,150,925 Fair Market Value by 33%. This significant valuation gap provides $391,025 in Instant Equity. While maintaining a Fair Condition Rating with a new roof and HVAC (2023), the original 1998 interior offers massive upside through cosmetic modernization. Situated on an expansive 20,125-square-foot lot near Franklin Elementary (9/10), this is a premier acquisition for Value-Add Investors or Owner-Occupants seeking a high-equity estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1709 E KAEL Street Subject | $759,900* List Price | 4 | 3 | 2,988 | $385 | - |
A 1720 E MENLO Street Sold | $930,000 List Price | 4 | 3 | 3,582 | 0.4 mi | |
B 1518 E LYNWOOD Street Sold | $549,000 List Price | 4 | 3 | 2,755 | 0.3 mi | |
C 1017 E KRAMER Street Sold | $974,000 | 4 | 3 | 3,163 | $308 | 0.9 mi |
D 1756 E MALLORY Street Sold | $875,000 | 4 | 3 | 2,946 | $297 | 0.5 mi |
E 2530 N Hall -- Active | $950,000 List Price | 5 | 3 | 3,121 | $304 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and features significant recent mechanical upgrades, including a new roof and HVAC systems installed in 2023. However, the interior finishes are largely original to the 1998 build; the kitchen and bathrooms feature dated oak cabinetry, Corian countertops, and older tile work that show their age despite being functional. Per the criteria, it fits the 'fair' category as a property over 20 years old with original interior components that show signs of being outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20125, living area = 2988.
Elementary School: Franklin Elementary School (9/10).
The property features significant capital improvements completed in 2023, including a new roof underlayment, new HVAC units, and fresh interior and exterior paint, significantly reducing near-term maintenance concerns.
While well-maintained, the interior features oak cabinetry and Corian countertops, which may feel dated to modern buyers seeking contemporary materials like quartz or marble.
Although the elementary schools are highly rated, the designated high school carries a lower rating of 5/10, which may be a drawback for families prioritizing long-term academic performance.
PRICED TO SELL! Welcome to this custom 4-bedroom gem, where location & exceptional living space come together. Sleek interior, impressive tile & carpet, chic light fixtures, plantation shutters, vaulted ceilings, archways. Designed for versatile living, this home offers a formal living/dining rooms, a spacious great room equipped w/surround sound. Well-appointed kitchen boasting double ovens, gas cooktop, oak cabinets, pantry, corian counters & prep island w/ breakfast bar. Generous main retreat is a haven of comfort, w/outdoor access, an ensuite w/jetted soaking tub & spacious walk-in closet. Relaxing private backyard w/covered patio & mature trees & built in garden area w/ fruit trees. New roof underlayment, new AC/Heating units & home repainted inside/out, all in 2023. Don't Delay.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades K-6 • 1.1 mi
Grades K-6 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,988 | 2,283 | 76% |
| Lot Size | 20,125 | 10,866 | 89% |
| Price | $759.9K | $410.0K | 85% |
| Price per sq ft | $254 | $219 | 64% |
| Built year | 1998 | 1981 | 92% |
| HOA | $110 | $0 | 97% |
| Days on market | 18 | 2132 | 1% |
Apr 4, 2026
$759,900
Initial Listing