
Mesa, AZ 85213
This property presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well below the $362,609 Fair Market Value (Note: Market is stable). While the home carries a Condition Rating of 4, it offers significant value-add potential through cosmetic updates. The property features a functional split floor plan, high ceilings, and a private patio. Located near top-rated schools like Franklin Elementary and Mountain View High, this is a Fix-and-Flip Investor or first-time buyer project with rare assumable 3.1% financing.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property is explicitly marketed as a 'FIX-UP.' The kitchen and bathrooms are original and dated, featuring oak cabinetry with visible wear (including a missing drawer front) and older white appliances. While the home appears functional and move-in ready for some, its age and the 'fixer' designation suggest that systems like HVAC and electric are nearing the end of their typical lifespan and the interior requires significant cosmetic updates.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The rare possibility of assuming the seller's low 3.1% interest rate provides a significant financial advantage, drastically reducing monthly mortgage payments compared to current market rates.
The home features high ceilings, a split floor plan, and an open-concept living area with a fireplace and dual French doors, offering a spacious feel and excellent 'bones' for a custom renovation.
Explicitly marketed as a 'FIX-UP' property, it requires immediate and likely significant capital investment to update the interior and address deferred maintenance.
With a lot size of just 4,232 square feet, the outdoor space is relatively limited, which may be a drawback for buyers seeking a large private yard or extensive gardening space.
FIX-UP! Opportunity knocks with this 3-BR, 2-BA home offering approximately 1,300 sq ft and incredible potential. Featuring high ceilings, wood flooring, a split floor plan, and an open-concept living area with a cozy fireplace flanked by dual French doors, this home has great bones and character. The large primary suite includes double sinks and added privacy from the secondary bedrooms. A separate dining area and outdoor patio with fenced yard add to the functional layout. The two-car garage provides great storage, and the community pool and park are steps away. Located a quick hop to shopping and dining and near a well-regarded Catholic school, convenience is unmatched. While the home does need updating, the standout feature is the possibility of assuming the seller's low 3.1% rate!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 2.9 mi
Grades K-6 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,322 | 2,370 | 7% |
| Lot Size | 4,232 | 9,111 | 4% |
| Price | $365.0K | $470.0K | 44% |
| Price per sq ft | $276 | $249 | 65% |
| Built year | 1996 | 1996 | 50% |
| HOA | $132 | $81 | 86% |
| Days on market | 18 | 2321 | 2% |
May 28, 2026
$365,000
Initial Listing