
Mesa, AZ 85213
This Fully Reconstructed Modern Residence is a Prime Investment Opportunity, listed at $695,000—positioned well below the $942,648 Fair Market Value by 26%. This significant valuation gap provides $247,648 in Instant Equity for the incoming buyer. Boasting a New Construction Condition Rating following a "studs-up" remodel, the home features Quartz Countertops, energy-efficient Spray-Foam Insulation, and a versatile Bonus Room. Located near the 9/10-rated Franklin Elementary School, this property perfectly balances high-end lifestyle finishes with massive financial upside. It is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2329 E ENROSE Street Subject | $695,000* List Price | 3 | 2 | 1,965 | $480 | - |
A 2019 E FOUNTAIN Street Sold | $575,000 List Price | 3 | 2 | 1,854 | 0.4 mi | |
B 2252 E DARTMOUTH Street Sold | $550,000 | 4 | 3 | 1,988 | $277 | 0.2 mi |
C 748 N 22ND Street Sold | $559,000 | 5 | 2 | 2,230 | $251 | 0.3 mi |
D 2560 E FAIRFIELD Street Sold | $555,000 | 4 | 2 | 2,048 | $271 | 0.4 mi |
E 2560 E FAIRFIELD Street Sold | $555,000 | 4 | 2 | 2,048 | $271 | 0.4 mi |
F 2517 E HIGHLAND Street Active | $541,000 List Price | 3 | 2 | 1,872 | $289 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive 'studs-up' reconstruction and full remodel, effectively making it a new home. It features all-new major systems (electrical, plumbing, HVAC), energy-efficient spray-foam insulation, and modern high-end finishes including quartz countertops, shaker cabinets, stainless steel appliances, and custom flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9143, living area = 1965.
Elementary School: Franklin Elementary School (9/10).
This 1974 home has been completely rebuilt from the studs with full permits, offering the reliability of new construction including all-new electrical, plumbing, HVAC, and structural finishes.
At nearly 2,000 square feet and a premium price point for the area, the three-bedroom configuration may be a drawback for larger families specifically seeking a four-bedroom layout.
While the home is essentially new, it is located in a 1970s-era subdivision where neighboring properties may not yet reflect the same level of modernization, potentially impacting immediate curb appeal consistency.
Be the first to live in this fully remodeled and rebuilt home, constructed from the studs up with full city permits, featuring 3beds & 2baths with 1,965 sqft. All new electrical, plumbing, HVAC, windows, doors, and finishes. The open floor plan is complemented by custom tile and laminate flooring throughout, as well as highly upgraded shaker cabinets, quartz counters, and stainless steel appliances with a gas range. The home's exceptional energy efficiency is achieved through spray-foam insulation (including the garage), Upgraded Doors & Windows along with two tankless gas water heaters. The primary suite includes a walk-in shower and closet, while the extended length garage features an epoxy floor. Separate laundry room with custom cabinets and workspace. The spacious backyard includes - an extended covered patio, synthetic grass, low-maintenance landscaping, and a bonus room that can be utilized as an office, gym, or hobby space. Highly desirable and centrally located in a well established neighborhood.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 2.3 mi
Grades K-6 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 31% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,965 | 2,350.5 | 24% |
| Lot Size | 9,143 | 9,675.5 | 40% |
| Price | $695.0K | $469.8K | 81% |
| Price per sq ft | $354 | $242 | 94% |
| Built year | 1974 | 1993 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 2464 | 1% |
Apr 5, 2026
$695,000
Initial Listing