2863 E NORWOOD Street, Mesa, AZ 85213, Mesa, 85213 - 4 bed, 2 bath
Loading property details...
Mesa, AZ 85213
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $575,000—positioned well below the $607,461 Fair Market Value by 5%. This valuation gap offers $32,461 in Instant Equity. With a Fair Condition Rating, the home features significant recent capital improvements, including a 2024 roof and 2025 solar panels. The large lot, private pool, and workshop provide exceptional utility. This property is an ideal acquisition for Owner-Occupants seeking long-term value or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2863 E NORWOOD Street Subject | $550,000* List Price | 4 | 2 | 2,124 | $265 | - |
A 2663 E MENLO Street Sold | $385,000 List Price | 4 | 2 | 1,985 | 0.3 mi | |
B 2753 E NORTHRIDGE Circle Active | $531,000 List Price | 4 | 3 | 2,048 | $259 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property features excellent recent system and exterior upgrades including a new roof (2024), solar panels (2025), and pool/turf (2024). However, the interior is significantly dated with popcorn ceilings, 1980s-style wallpaper, and older cabinetry/fixtures in the kitchen and baths, placing it in the 'Fair' category as it requires cosmetic updates despite being well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9671, living area = 2124.
The property features significant high-ticket upgrades including a new roof (2024), pool resurfacing and cool deck (2024), and new artificial turf, significantly reducing immediate maintenance concerns for the buyer.
The absence of HOA restrictions combined with a large 9,671 sqft lot and a 10' x 20' workshop offers rare flexibility and functional storage space for homeowners.
With 4 bedrooms but only 2 bathrooms, the home may present a logistical challenge for larger families or guests compared to more modern 4-bedroom layouts.
While major systems and the exterior are updated, the 1986 construction and mention of original-style wood cabinets and bedroom carpeting suggest some interior spaces may require cosmetic modernization.
Become the Proud Owner of this Lovely 4 Bedroom, 2 Bath Home, Single Story with No HOA! Inside, You'll find a Spacious Living Room with Vaulted Ceilings, Wood Vinyl Plank Flooring, and a Wood Burning Fireplace. The Gourmet Kitchen comes with Ample Wood Cabinets, a Two-tier Peninsula with a Breakfast Bar. The Primary Bedroom Features Soft Carpeting, Door to the Backyard, Double Built-in Closets with Mirrored Doors, and an Ensuite with Dual Sinks. The Backyard is Beautiful which has a Large Covered Patio, Pristine Artificial Turf, a 10' x 20' Workshop, and a Sparkling Pool. The Roof was replaced in Oct 2024; The Pool, Cool Deck and Turf completed in May 2024; The Exterior of the Home Painted in May 2022; and the Solar Panels were Installed March 2025. Seller will Pay Off Solar at COE
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,124 | - |
| Lot Size | 9,671 | - |
| Price | $550.0K | $476.2K |
| Price per sq ft | $259 | $271 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 2611 |
Jul 1, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Jun 22, 2026
$575,000
Initial Listing