301 N 87TH Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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301 N 87TH Street
Mesa, AZ 85207
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,736Sq Ft
11,051Lot Size
Property Price
LIST PRICE$479,900
EST. MARKET VALUE
$491,104
SUMMARY
This Turnkey Single-Family Residence represents a Prime Investment Opportunity, listed at $479,900—positioned well below the $491,104 Fair Market Value by 2%. This gap provides $11,204 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a Modernized Kitchen, Dual Garage Setup, and a Private Diving Pool. Located near Top-Rated Schools like Franklin Elementary, this property offers a perfect blend of lifestyle comfort and financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home.
Estimated Market Value
$491,104
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 N 87TH Street Subject | $479,900* List Price | 3 | 2 | 1,736 | $283 | - |
A 8830 E DALLAS Street Sold | $412,500 | 3 | 2 | 1,508 | $274 | 0.5 mi |
B 737 N LAYTON -- Sold | $418,000 | 3 | 2 | 1,208 | $346 | 0.6 mi |
C 9349 E Quarterline Road Sold | $430,000 | 4 | 2 | 1,656 | $260 | 0.9 mi |
D 8016 E COLBY Street Sold | $445,000 | 3 | 2 | 1,255 | $355 | 0.9 mi |
E 339 N 86TH Street Active | $380,000 List Price | 3 | 2 | 1,635 | $232 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the structure dates to 1971, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathrooms are fully modernized with quartz countertops, stainless steel appliances, contemporary cabinetry, and designer tile work. The interior features new LVP flooring, recessed lighting, and updated fixtures, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11051, living area = 1736.
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Dual Garage Setup
The property features both an attached front garage and a detached rear garage, providing exceptional utility for car enthusiasts, hobbyists, or those needing significant extra storage.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1971, the home may have aging infrastructure or original systems that require more frequent maintenance compared to newer constructions in the area.
- Local School Ratings
The most immediate neighborhood schools carry lower performance ratings, which may be a drawback for families prioritizing top-tier education within walking distance.
About 301 N 87TH Street
Welcome to your new home in the desirable East Mesa community of Twin Knolls Park! This beautifully maintained property offers an ideal combination of space, comfort, and thoughtful upgrades--all with NO HOA! Enjoy separate living and family rooms, spacious bedrooms, and ceiling fans throughout. The updated kitchen features quartz countertops, stainless steel appliances, recessed lighting, contemporary cabinetry with ample storage, and a large island with breakfast bar. Step outside to your private backyard retreat featuring a sparkling diving pool and plenty of space to entertain, play, or simply relax. Car enthusiasts, hobbyists, or anyone needing extra storage will appreciate both the attached front garage and additional detached garage in the rear. MUST SEE!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 11,051 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mesa Unified Schools
Salk Elementary School
Grades PK-6 • 2.3 mi
3/10
Franklin at Brimhall Elementary School
Grades PK-6 • 5.1 mi
9/10
Franklin Elementary School
Grades K-6 • 8.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,736 | 1,890.26 |
| Lot Size | 11,051 | 7,798.376 |
| Price | $479.9K | $485.4K |
| Price per sq ft | $276 | $264 |
| Built year | 1971 | 1994 |
| HOA | $0 | $174 |
| Days on market | 2 | 69 |
Pricing History
Listed for Sale
Sep 7, 2026
$479,900
Initial Listing