242 N 102ND Place, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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Mesa, AZ 85207
This Turnkey Renovated Residence is a High-Potential Investment Opportunity, listed at $425,000—positioned well below the $480,930 Fair Market Value by 11%. This valuation gap provides $55,930 in Instant Equity for the buyer. Boasting an Excellent Condition Rating following extensive 2026 updates, the home features Quartz Countertops, Vinyl Plank Flooring, and a fully Owned Solar System. Proximity to the top-rated Franklin Elementary School (9/10) and the inclusion of an RV Gate and Covered Patio enhance its long-term appeal. This property is ideal for Owner-Occupants seeking a modern sanctuary or Buy-and-Hold Investors targeting a high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 242 N 102ND Place Subject | $425,000* List Price | 3 | 2 | 1,540 | $312 | - |
A 227 N 102nd Place Sold | $425,000 | 3 | 2 | 1,540 | $276 | 0.0 mi |
B 9745 E BUTTE Street Sold | $395,000 | 3 | 2 | 1,300 | $304 | 0.6 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 436 N ST CLAIRE Circle Sold | $450,000 | 3 | 2 | 1,418 | $317 | 0.9 mi |
F 10223 E BILLINGS Street Active Under Contract | $375,000 List Price | 3 | 2 | 1,424 | $263 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2014-built home underwent an extensive renovation in 2026, meeting the highest quality standards. The property features a modern kitchen with quartz countertops, refinished cabinetry, and a new tile backsplash. High-end finishes are consistent throughout, including new vinyl plank flooring, contemporary light fixtures, and updated plumbing fixtures. With fresh interior and exterior paint and a fully owned solar system, the home is in like-new condition with no visible deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The property features a fully owned solar system, providing significant long-term energy savings and increased home value in the Arizona market.
Extensively updated with quartz countertops, vinyl plank flooring, and fresh interior/exterior paint, the home offers a modern, move-in-ready aesthetic.
The property is not eligible for FHA financing until April 16, 2026, which limits the immediate buyer pool to cash or conventional financing.
The listing agent is related to the seller, a disclosure that may require additional transparency and careful navigation during the negotiation process.
ABSOLUTELY PERFECT!! **SOLAR OWNED** This is the one you've been waiting for. Check out this 2014-built home, beautifully updated in 2026 and move-in ready. Located in a very quiet and private neighborhood, it features 3 bedrooms, 2 bathrooms, and a 2-car garage. Recent upgrades include fresh interior and exterior paint, refinished cabinetry, quartz countertops, tile backsplash, and vinyl plank flooring throughout. It also features new modern light and plumbing fixtures, ceiling fans, vanity mirrors, shower doors, toilets, and more. Step outside to enjoy the nicely sized, low-maintenance backyard, which includes a covered patio and an RV gate. The property will be FHA eligible starting 4/16/2026. DON'T MISS THIS OPPORTUNITY! Listing Agent related to Seller.
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 | 1,540 | 2,106 | 22% |
| Lot Size | 5,307 | 9,283 | 9% |
| Price | $425.0K | $375.0K | 54% |
| Price per sq ft | $276 | $246 | 63% |
| Built year | 2014 | 2001 | 87% |
| HOA | $55 | $120 | 38% |
| Days on market | 47 | 2430 | 1% |
Mar 6, 2026
$425,000
Initial Listing