2022 E ALDER Circle, Mesa, AZ 85204, Mesa, 85204 - 3 bed, 2 bath
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Mesa, AZ 85204
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $354,000—positioned well below the $359,116 Fair Market Value by 1%. This valuation gap offers $5,116 in Instant Equity for the buyer. Featuring a Fair Condition Rating with recent HVAC and roof updates, the property offers a versatile converted garage and a large lot. Located near Top-Rated Schools like Franklin Junior High, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2022 E ALDER Circle Subject | $354,000* List Price | 3 | 2 | 1,624 | $221 | - |
A 1922 E 1ST Avenue Sold | $305,000 | 3 | 2 | 1,401 | $218 | 0.1 mi |
B 2207 E ASPEN Avenue Sold | $372,000 | 3 | 2 | 1,362 | $273 | 0.2 mi |
C 2115 E BIRCHWOOD Avenue Sold | $268,280 | 3 | 2 | 1,229 | $218 | 0.3 mi |
D 2100 E Alpine Circle Sold | $430,000 | 4 | 3 | 2,250 | $191 | 0.1 mi |
E 2127 E Bayberry Avenue Pending | $349,997 List Price | 3 | 2 | 1,292 | $271 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features excellent recent updates to major systems (HVAC and roof are ~4 years old), the 1962 structure remains largely dated. Interior photos show popcorn ceilings and basic tile flooring, and the backyard requires significant landscaping. It is functional and move-in ready but needs cosmetic modernization to move beyond a fair rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7050, living area = 1624.
Elementary School: Franklin at Brimhall Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property features a new HVAC system and roof installed approximately four years ago, providing peace of mind and significant savings on near-term maintenance costs for a home of this vintage.
The conversion of the original garage into living space leaves the property without covered vehicle storage, which may be a drawback for buyers seeking protection from the Arizona sun.
While the additional room is ready for a future bathroom, it currently requires further investment and construction to become a fully functional and permitted asset.
Move-in ready home featuring 3 bedrooms and 2 bathrooms with tile flooring throughout, located in a quiet cul-de-sac! The spacious 16' x 14' garage has been converted into a versatile bonus room complete with a closet, plus an additional room that is ready for a future bathroom or can be customized to fit your needs. Step outside to enjoy the huge backyard with an extended covered patio, perfect to create your dream outdoor space. An additional storage room provides even more functionality. Major updates include a new HVAC system and roof, both installed approximately 4 years ago. Don't miss this incredible opportunity and get your Tour!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.0 mi
Grades K-6 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,624 | - |
| Lot Size | 7,050 | - |
| Price | $354.0K | $476.2K |
| Price per sq ft | $218 | $271 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 2611 |
Jul 10, 2026
$354,000
Initial Listing