
Mesa, AZ 85207
This Spacious Corner-Lot Residence is a Prime Investment Opportunity, listed at $375,000—positioned well below the $388,293 Fair Market Value by 3%. This valuation gap offers $13,293 in Instant Equity for buyers. Maintaining a Condition Rating of 4, the home features vaulted ceilings and a covered patio, with significant upside potential through cosmetic kitchen updates. Located near the 9/10 rated Franklin Elementary, it is a perfect fit for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 N 103RD Circle Subject | $375,000* List Price | 3 | 2 | 1,344 | $289 | - |
A 227 N 102nd Place Sold | $425,000 | 3 | 2 | 1,540 | $276 | 0.0 mi |
B 9844 E BUTTE Street Sold | $323,723 | 3 | 2 | 1,096 | $295 | 0.5 mi |
C 333 N 102ND Place Sold | $420,000 | 3 | 2 | 1,542 | $272 | 0.1 mi |
D 436 N ST CLAIRE Circle Sold | $450,000 | 3 | 2 | 1,418 | $317 | 0.9 mi |
E 10223 E BILLINGS Street Active Under Contract | $375,000 List Price | 3 | 2 | 1,424 | $263 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old home is well-maintained and move-in ready, featuring recent cosmetic updates such as fresh neutral paint and modern wood-look flooring. However, the kitchen and bathrooms remain largely original, characterized by dated oak cabinetry, older white appliances, and basic light fixtures. While functional and clean, these major components show signs of being outdated and have not undergone a full renovation, placing the property firmly in the 'fair' category based on the provided criteria.
Elementary School: Franklin Elementary School (9/10).
Situated on a desirable corner lot, the home features attractive stone accents and low-maintenance landscaping that enhances its exterior charm and provides additional privacy.
The open floor plan combined with vaulted ceilings creates a bright, airy atmosphere that maximizes the living space, making the home feel larger and more inviting.
The assigned middle and high schools have moderate ratings (4 and 5 respectively), which may be a drawback for families prioritizing top-tier educational performance.
At 1,344 square feet, the interior living space may feel restrictive for larger families or those requiring dedicated rooms for a home office or hobby space.
Light, bright, and move-in ready! This great corner-lot home features an open, spacious floor plan with a welcoming great room. Enjoy an eat-in kitchen with all appliances included, plus vaulted ceilings that add an airy feel throughout. Step outside to a covered patio and a nicely sized backyard with easy-care landscaping. Conveniently located near the freeway and local lakes, with attractive stone accents highlighting the front exterior.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-6 • 6.9 mi
Grades K-6 • 10.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,344 | 2,106 | 13% |
| Lot Size | 6,954 | 9,283 | 24% |
| Price | $375.0K | $375.0K | 50% |
| Price per sq ft | $279 | $246 | 64% |
| Built year | 1999 | 2000 | 45% |
| HOA | $85 | $120 | 42% |
| Days on market | 50 | 2430 | 1% |
Mar 3, 2026
$375,000
Initial Listing