1844 E 1st Place, Mesa, AZ 85203, Mesa, 85203 - 3 bed, 2 bath
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Mesa, AZ 85203
This Fully Remodeled Turnkey Home is a High-Potential Investment Opportunity, listed at $400,000—positioned well below the $618,388 Fair Market Value by 35%. This significant valuation gap provides $218,388 in Instant Equity. Boasting an Excellent Condition Rating from a 2026 Professional Remodel, the interior features Quartz Countertops, custom cabinetry, and designer finishes. Residents enjoy a private Backyard Patio and proximity to the top-rated Franklin Elementary School (9/10). With No HOA and a prime location near ASU and Sloan Park, this property is an elite choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1844 E 1st Place Subject | $400,000* List Price | 3 | 2 | 1,264 | $489 | - |
A 1539 E 3RD Street Sold | $399,000 | 3 | 2 | 1,274 | $313 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive professional renovation in 2026, featuring high-end designer finishes throughout. The kitchen is completely modernized with custom cabinetry, quartz countertops, and brand-new stainless steel appliances. With new flooring, contemporary light fixtures, and updated bathrooms, the home meets the highest quality standards for a fully remodeled property with no deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The property has been fully updated with high-end designer finishes, including custom cabinetry, quartz countertops, and brand-new stainless steel appliances, offering a turnkey luxury experience.
The absence of a Homeowners Association provides owners with greater flexibility over their property and eliminates monthly association dues, increasing long-term affordability.
At 1,264 square feet for a three-bedroom home, the interior living spaces and bedrooms may feel compact compared to newer residential developments.
The immediate assigned public elementary and junior high schools have lower performance ratings, which may be a drawback for families prioritizing top-tier educational districts.
NO HOA. Fully Remodeled 2026. Welcome home! This stunning 3-bed, 2-bath home in Central Mesa has been professionally remodeled with designer finishes that truly stand out. Step inside to a bright, open layout with kitchen featuring custom cabinetry, quartz countertops, subway tile backsplash, and brand-new stainless steel appliances -- including a refrigerator, washer, and dryer. Both bathrooms feature modern fixtures and finishes you'd expect in a luxury home. The private backyard patio is perfect for entertaining or relaxing, with room to expand. Unbeatable location: 12 min to Sloan Park (Cubs Spring Training), ~15 min to ASU, walking distance to light rail, and minutes from Downtown Mesa dining, shopping, and freeways.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades K-6 • 1.3 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,264 | 2,262 | 11% |
| Lot Size | 5,976 | 10,866 | 13% |
| Price | $400.0K | $400.0K | 50% |
| Price per sq ft | $316 | $219 | 89% |
| Built year | 1979 | 1981 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 2133 | 1% |
Mar 11, 2026
$400,000
Initial Listing