2054 E DOWNING Street, Mesa, AZ 85213, Mesa, 85213 - 4 bed, 2 bath
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Mesa, AZ 85213
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $685,000—positioned well below the $703,792 Fair Market Value by 2%. This valuation gap offers $18,792 in Instant Equity. Featuring a Mint Condition Rating, the property includes a Remodeled Kitchen, Paid-off Solar, and a Resort-Style Backyard with a pool. Located near Top-Rated Schools like Franklin Elementary, this home balances luxury with financial stability. It is an ideal acquisition for Owner-Occupants or discerning families seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2054 E DOWNING Street Subject | $685,000* List Price | 4 | 2 | 2,404 | $293 | - |
A 748 N 22ND Street Sold | $559,000 | 5 | 2 | 2,230 | $251 | 0.1 mi |
B 2011 E GARY Circle Sold | $625,000 | 4 | 2 | 2,392 | $261 | 0.7 mi |
C 2252 E DARTMOUTH Street Sold | $550,000 | 4 | 3 | 1,988 | $277 | 0.2 mi |
D 2019 E FOUNTAIN Street Sold | $575,000 List Price | 3 | 2 | 1,854 | 0.4 mi | |
E 2041 E DES MOINES Street Active | $495,000 List Price | 5 | 3 | 2,481 | $200 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive high-end remodel within the last 5 years, featuring a 2020 roof, newer HVAC, and dual-pane windows. The kitchen and baths are fully updated with modern shaker cabinets and granite countertops. Additional high-value systems include paid-off solar and a Tesla charger, placing it in mint, no-maintenance condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12890, living area = 2404.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features significant high-value improvements including fully paid-off solar panels, a 2020 roof, newer A/C, and a Tesla charger, providing substantial utility savings and reduced maintenance concerns.
While the home is beautifully remodeled, the 1979 original construction date may mean that some underlying structural or utility components are nearing the end of their functional lifespan compared to newer builds.
For a 2,404 square foot home with four bedrooms and an office on a large lot, the 2-car garage may be considered undersized for families with multiple vehicles or significant storage needs.
Situated on a HUGE cul-de-sac lot in a highly desirable Mesa neighborhood with top-rated schools, this beautifully remodeled home offers a split floor plan with 4 bedrooms plus a versatile gym/office. Highlights include **fully paid-off solar panels**, a newer A/C, 2020 roof, Tesla charger, newer dual-pane windows, fresh paint, updated fixtures, and a remodeled kitchen with granite slab countertops, white shaker cabinets, soft-close drawers, stainless steel appliances, pantry, and oversized laundry room. The backyard is a true resort-style oasis featuring an expansive paver patio, custom ramada with built-in BBQ, island and fireplace, fenced PebbleTec pool, basketball court, lush grass, mature citrus trees, RV gate, and an extended-length garage with epoxy floors and built-in cabinets. Situated on a HUGE cul-de-sac lot in a highly desirable Mesa neighborhood with top-rated schools, this beautifully remodeled home features a split floor plan with 4 bedrooms plus a versatile gym/ office addition. The updated interior includes 24'' tile, fresh accent paint, updated fixtures, fans, door hardware, newer dual-pane windows, a new roof (2020), newer A/C unit, and a Tesla charger. The remodeled kitchen offers granite slab countertops, white shaker cabinets with soft-close drawers, stainless steel appliances, a pantry, and an oversized laundry room with additional cabinetry and sink. Step outside to your own private backyard oasis featuring an expansive paved entertaining area, custom ramada with built-in BBQ, island and fireplace, fenced PebbleTec pool, basketball court, lush grass, mature citrus trees, RV gate with concrete pad, and an extended-length 2-car garage with epoxy floors, built-in cabinets, and service door. Move-in ready and designed for indoor-outdoor Arizona living.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 2.1 mi
Grades K-6 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,404 | - |
| Lot Size | 12,890 | - |
| Price | $685.0K | $476.2K |
| Price per sq ft | $285 | $271 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 24 | 2611 |
Jun 29, 2026
$685,000
Initial Listing