2362 S SPRUCE --, Mesa, AZ 85210, Mesa, 85210 - 3 bed, 2 bath
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Mesa, AZ 85210
This Well-Maintained Single-Family Residence is a High-Potential Investment Opportunity, listed at $420,000—positioned well below the $601,201 Fair Market Value by 30%. This significant valuation gap provides $181,201 in Instant Equity. Featuring a Private Pool, Vaulted Ceilings, and a Condition Rating of 3, the home offers immediate comfort with No HOA restrictions. Located near the 9/10 Rated Franklin Elementary, it perfectly balances lifestyle perks with wealth-building potential. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2362 S SPRUCE -- Subject | $420,000* List Price | 3 | 2 | 1,239 | $485 | - |
A 906 W KIOWA Avenue Sold | $455,000 | 3 | 2 | 1,524 | $299 | 0.3 mi |
B 3011 S EXTENSION Road Sold | $460,000 | 4 | 2 | 1,622 | $284 | 0.8 mi |
C 909 W ISABELLA Avenue Sold | $365,000 | 3 | 2 | 1,325 | $275 | 0.9 mi |
D 719 W PAMPA Avenue Sold | $418,000 | 3 | 2 | 1,189 | $352 | 1.0 mi |
E 643 W MEDINA Avenue Sold | $400,000 | 3 | 2 | 1,470 | $272 | 0.5 mi |
F 719 W PAMPA Avenue Sold | $418,000 | 3 | 2 | 1,189 | $352 | 1.0 mi |
G 2255 S ORANGE Street Active Under Contract | $475,000 List Price | 3 | 2 | 1,470 | $323 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership. It features updated wood-look laminate flooring throughout the living areas and bedrooms, and the kitchen has been aesthetically refreshed with painted cabinetry and a brick-style backsplash. While the home retains some vintage elements like popcorn ceilings and older white appliances, the overall maintenance is high, the layout is functional with vaulted ceilings, and the exterior includes a well-kept pool and yard.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7569, living area = 1239.
Elementary School: Franklin Elementary School (9/10).
The property features a sparkling pool and a lush grass area on a spacious corner lot, offering a quintessential Arizona outdoor lifestyle for entertaining and relaxation.
Built in 1978, the property may require ongoing maintenance or updates to major systems and insulation to meet modern energy efficiency standards.
At 1,239 square feet for a three-bedroom residence, the interior layout may feel tight for families requiring larger bedrooms or additional storage space.
Welcome to this beautifully maintained 3-bedroom, 2-bathroom home located in a desirable non-HOA community in Mesa. Situated on a spacious corner lot, this home offers both privacy and curb appeal with an inviting front sitting area--perfect for enjoying Arizona sunsets or your morning coffee. Step inside to discover soaring vaulted ceilings that create a bright, open feel throughout the living space. The thoughtful layout provides comfort and functionality for everyday living and entertaining. Out back, your private backyard oasis awaits! Enjoy a sparkling pool, plus a lush grass area--ideal for relaxing, entertaining, or play. Whether you're hosting friends or unwinding after a long day, this backyard delivers the Arizona lifestyle you've been looking for.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 3.0 mi
Grades K-6 • 4.1 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 | 1,239 | 1,636 | 12% |
| Lot Size | 7,569 | 7,786.5 | 38% |
| Price | $420.0K | $360.0K | 66% |
| Price per sq ft | $339 | $235 | 96% |
| Built year | 1978 | 1979 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 2005 | 2% |
Mar 6, 2026
$420,000
Initial Listing