
Mesa, AZ 85204
This High-Potential Investment Opportunity is listed at $344,500—positioned well below the $332,435 Fair Market Value by -3%. While the property requires cosmetic updates, it features a Condition Rating of 4 with significant recent capital improvements, including a new roof, HVAC, and windows. The oversized 7,436 sqft lot and cul-de-sac location provide excellent long-term value. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through personalized interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1949 E ENID Circle Subject | $344,500* List Price | 3 | 2 | 1,194 | $278 | - |
A 2554 E CATALINA Avenue Sold | $435,000 | 3 | 2 | 1,428 | $305 | 0.8 mi |
B 1926 E DELTA Avenue Sold | $425,000 | 3 | 2 | 1,404 | $303 | 0.2 mi |
C 2505 E HOLMES Avenue Sold | $290,000 List Price | 3 | 2 | 1,343 | 0.9 mi | |
D 2115 E BIRCHWOOD Avenue Sold | $268,280 | 3 | 2 | 1,229 | $218 | 0.8 mi |
E 1859 E FARMDALE Avenue Active Under Contract | $385,000 List Price | 3 | 2 | 1,092 | $353 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property features essential recent system upgrades including a new roof, HVAC, and windows. However, the interior remains dated with original-style oak cabinetry, wood paneling, and popcorn ceilings that require cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7436, living area = 1194.
The property features significant recent capital improvements including a new roof, windows, A/C, and water heater, significantly reducing immediate maintenance costs for the buyer.
Situated on an oversized 7,436 sqft lot within a quiet cul-de-sac, the home offers enhanced privacy and ample outdoor space for recreation or potential expansion.
The interior is in need of cosmetic modernization, which will require additional investment and effort from the buyer to bring the home up to contemporary standards.
With only 1,194 square feet distributed across three bedrooms, the interior layout may feel somewhat constrained compared to modern residential designs.
Well built Slump block home with an oversized yard in a little cul de sac. Major improvements in the last few years have been a new roof, windows, A/C, water heater. All kitchen appliances included as well as the washer and dryer. Interior could use some updating but the big expenditures are done! Perfect place for a buyer to put their own stamp on it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,194 | 1,580.5 | 14% |
| Lot Size | 7,436 | 7,355 | 53% |
| Price | $344.5K | $311.8K | 53% |
| Price per sq ft | $289 | $211 | 71% |
| Built year | 1974 | 1980 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 2314 | 1% |
May 8, 2026
$344,500
Initial Listing