
Mesa, AZ 85204
This Renovated Mid-Century Residence is a Strong Value Opportunity, listed at $495,000—positioned well below the $522,313 Fair Market Value by 5%. This valuation gap provides $27,313 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the home features a modernized gourmet kitchen, a versatile upstairs loft, and a covered patio on a corner lot with no HOA. Located near top-rated 9/10 Franklin schools, it perfectly balances lifestyle luxury with financial upside. This property is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1712 E 1ST Avenue Subject | $495,000* List Price | 4 | 2 | 2,877 | $182 | - |
A 132 S TEMPLE Street Sold | $412,000 | 4 | 2 | 2,395 | $172 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1960 build date, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features a modern gourmet kitchen with white shaker cabinetry and granite countertops, all-new plush carpeting, updated tile flooring, and recessed lighting, putting it in mint, move-in-ready condition.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The home features a fully updated kitchen with granite countertops, white shaker cabinetry, and a large island, offering a contemporary feel that is rare for its vintage.
With nearly 2,900 square feet, a massive upstairs loft, and a dedicated bonus room, the property provides exceptional versatility for a home office, game room, or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2877, other record living area = 1961.
Originally built in 1960, the property may require ongoing maintenance or updates to its core systems that are not as modern as the cosmetic interior renovations.
While the local elementary schools are highly rated, the assigned middle and high schools have lower performance scores, which could impact long-term resale value for families.
Take advantage of this fantastic opportunity! This coveted corner lot property showcases a circular driveway, stylish pavers, and a low-maintenance landscape. Double doors lead to an appealing great room, featuring recessed lighting, crown moulding, and durable tile flooring. Spend intimate moments with loved ones in the spacious family room, complete with vaulted ceilings and double French doors that lead to the backyard. The gourmet kitchen comes with granite counters, white shaker cabinetry, chic pendant lighting, a mosaic tile backsplash, built-in appliances, and an island with a breakfast bar. The primary is located downstairs along with 3 additional bedrooms, a spacious bathroom with a double sink vanity and laundry room. Upstairs, you'll find a HUGE loft, ideal for a game room or whatever you see fit as well as a BONUS room you can use as a home office. Unwind on the lovely balcony, offering serene views of the neighborhood. Imagine fun-filled afternoons in the backyard, boasting a wood burning stove for cookouts, a detached 2-car garage, a large iron RV gate for your toys or additional parking, pristine artificial turf, and a covered patio. All new plush carpet throughout! No HOA! Don't miss your chance to own this one of a kind home in Mesa!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,877 | 1,595.5 | 96% |
| Lot Size | 7,553 | 7,366.5 | 54% |
| Price | $495.0K | $279.1K | 93% |
| Price per sq ft | $172 | $198 | 46% |
| Built year | 1960 | 1980 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 2369 | 1% |
Apr 27, 2026
$495,000
Initial Listing