
Mesa, AZ 85202
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $460,000—positioned well below the $477,111 Fair Market Value by 3%. This valuation gap offers $17,111 in Instant Equity for the buyer. With a Condition Rating of 3, the home features extensive recent mechanical upgrades, including a 2026 HVAC and owned solar. The oversized 10,041 sqft lot and private pool provide rare flexibility for an ADU. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3023 S CARRIAGE Lane Subject | $460,000* List Price | 3 | 2 | 1,672 | $285 | - |
A 2559 W OLLA Circle Sold | $508,000 | 3 | 2 | 1,635 | $311 | 0.2 mi |
B 2263 W Peralta Avenue Sold | $412,500 | 3 | 2 | 1,384 | $298 | 0.5 mi |
C 2309 W NARANJA Avenue Sold | $570,000 | 3 | 2 | 1,920 | $297 | 0.5 mi |
D 2334 W PERALTA Avenue Sold | $420,000 | 3 | 2 | 1,490 | $282 | 0.4 mi |
E 2722 W PLATA Avenue Active Under Contract | $539,000 List Price | 3 | 2 | 1,703 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with exceptional recent updates to major systems, including a new HVAC (2026), water heater (2021), owned solar (2021), and new appliances (2023-2025). While the bathroom and kitchen cabinetry appear dated and reflect the home's 1976 age, the mechanical upgrades and fresh interior paint elevate the overall condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10041, living area = 1672.
The home features significant capital improvements including a brand-new HVAC (2026), fresh interior paint (2026), owned solar (2021), and updated appliances, ensuring low immediate maintenance costs.
The oversized 10,041 sqft pie-shaped lot offers rare flexibility for an ADU, RV parking, or custom landscaping without the restrictions or monthly fees of a homeowners association.
The roof is approximately 13 years old (2013), which, while functional, is approaching the mid-to-late stage of its typical lifespan in the Arizona climate.
Built in 1976, the property may still possess some original architectural limitations or utility configurations that lack the modern open-concept feel of newer builds.
NO HOA and just around the corner from Carriage Lane Park! This Mesa home sits on a large pie-shaped lot with room for an ADU, extra parking, or a custom backyard. Split floor plan offers privacy and flexibility to make it your own. Major updates include new HVAC (2026), fresh interior paint (2026), new garage door opener (2026, quiet/belt-operated), refrigerator and range (2025), washing machine (2024), dishwasher (2023), water heater (2021), dual-pane windows (2014) and roof (approx. 2013). Owned solar (2021) adds efficiency. Enjoy a sparkling pool recently acid washed and refilled. Rear rain gutter/water collection barrel. Great opportunity in a prime location near parks, schools, shopping, dining and easy freeway access!
No exterior & parking available.
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 | 1,672 | 1,528 | 53% |
| Lot Size | 10,041 | 7,667 | 87% |
| Price | $460.0K | $412.5K | 64% |
| Price per sq ft | $275 | $262 | 53% |
| Built year | 1976 | 1977 | 40% |
| HOA | $0 | $42 | 47% |
| Days on market | 42 | 2626 | 2% |
May 8, 2026
$460,000
Initial Listing