2137 W 1ST Place, Mesa, AZ 85201, Mesa, 85201 - 3 bed, 2 bath
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Mesa, AZ 85201
This Versatile Single-Family Residence represents a Strong Value Opportunity, with a List Price of $459,900—positioned below the $465,403 Fair Market Value by 1%. This valuation gap provides $5,503 in Instant Equity for the incoming owner. The property holds a Move-in Ready Condition rating, featuring an updated kitchen with stainless appliances and a large 8,712 sqft lot with a private patio. Located minutes from ASU and the top-rated Franklin Elementary School, it balances lifestyle appeal with high rental demand. This is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2137 W 1ST Place Subject | $459,900* List Price | 3 | 2 | 1,670 | $279 | - |
A 2261 W ELLA Street Sold | $369,000 | 3 | 2 | 1,626 | $227 | 0.2 mi |
B 2261 W ELLA Street Sold | $369,000 | 3 | 2 | 1,626 | $227 | 0.2 mi |
C 1561 W 5TH Street Sold | $450,000 | 3 | 2 | 1,415 | $318 | 0.9 mi |
D 1755 W AUBURN Street Sold | $395,000 | 3 | 2 | 1,275 | $310 | 0.5 mi |
E 2030 W 1ST Street Sold | $359,000 | 3 | 1 | 1,027 | $350 | 0.1 mi |
F 2064 W 2ND Street Pending | $390,000 List Price | 5 | 3 | 1,700 | $229 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior renovations. The kitchen is updated with modern stainless steel appliances, white cabinetry, and a contemporary mosaic tile backsplash. The bathrooms feature updated vanities and wood-look tile flooring. While the home was originally built in 1958, the interior finishes have been modernized to meet current tastes, although some minor wear is visible on original components like interior doors.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1670.
Elementary School: Franklin Elementary School (9/10).
The property is exceptionally well-located with quick access to the 101, US-60, and 202 freeways, placing it minutes from ASU, Tempe Marketplace, and South Scottsdale.
Built in 1958, the home features older elements such as tile countertops that may require additional capital investment for modern upgrades to maximize its aesthetic appeal.
The assigned public schools for this address currently hold low performance ratings, which may be a drawback for families prioritizing immediate access to top-tier educational facilities.
You can't beat the location of this amazing home. It is only minutes from everything you need. You'll be close to the 101, US-60, 202, Tempe Marketplace, ASU, and south Scottsdale. The landscaping is easy to maintain and there is a pretty open floor plan with separate living & family rooms. The kitchen offers tile countertops and tile backsplash, and plenty of cabinet storage space. Ceiling fans in all the bedrooms which are good sized. This is an ideal starter home if you're a first time buyer and would also make a fantastic rental. Come see this one for yourself. We know you won't be disappointed.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 2.8 mi
Grades K-6 • 5.0 mi
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 | 1,670 | 1,586 | 64% |
| Lot Size | 8,712 | 8,054 | 60% |
| Price | $459.9K | $240.0K | 86% |
| Price per sq ft | $275 | $191 | 69% |
| Built year | 1958 | 1963 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 2324 | 2% |
Mar 15, 2026
$459,900
Initial Listing