315 S 82ND Way, Mesa, AZ 85208, Mesa, 85208 - 4 bed, 2 bath
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Mesa, AZ 85208
This Renovated Ranch-Style Residence is a High-Potential Investment Opportunity, listed at $425,000—positioned well below the $663,845 Fair Market Value by 35%. This substantial valuation gap offers $238,845 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the property features a brand-new 2025 HVAC system, a remodeled kitchen with Frigidaire appliances, and a massive 13,591 sqft lot with no HOA. Proximity to the 9/10 rated Franklin Elementary ensures long-term desirability. This is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey, high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 S 82ND Way Subject | $425,000* List Price | 4 | 2 | 2,082 | $319 | - |
A 1102 S PARK VIEW Circle Sold | $540,000 | 2 | 2 | 2,152 | $251 | 1.0 mi |
B 8114 E 4TH Avenue Active | $409,000 List Price | 4 | 3 | 1,796 | $228 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1968, the property has undergone extensive renovations within the last six years, qualifying it for an excellent rating. Key updates include a completely remodeled kitchen with new Frigidaire appliances, a brand-new primary bathroom finished in 2025, new tile and carpet flooring, and a recently replaced HVAC system. The interior features modern finishes, energy-efficient Low-E windows, and shows no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13591, living area = 2082.
Elementary School: Franklin Elementary School (9/10).
The home has undergone extensive renovations over the past six years, including a brand-new 2025 HVAC system, remodeled kitchen and bathrooms, and energy-efficient Low-E windows, ensuring a move-in-ready experience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Originally constructed in 1968, the property may have underlying structural or utility components that, despite recent cosmetic and HVAC updates, could require more maintenance than a newer build.
While the area features high-performing elementary schools, the assigned middle and high schools have average ratings, which may be a drawback for families prioritizing long-term educational consistency.
Your own piece of paradise with spacious, fully fenced yards, a private gated entry, and no HOA. This beautifully updated ranch-style home has been extensively renovated over the past six years and is truly move-in ready. The interior features a completely remodeled kitchen and bathrooms, new tile and carpet flooring, fresh paint, and energy-efficient Low-E windows. The kitchen is equipped with all new Frigidaire appliances, offering both style and functionality. Enjoy the comfort of two fireplaces, a huge family room perfect for entertaining, and French doors leading into the spacious primary bedroom. Recent upgrades include a brand new AC & heat system and a newly remodeled primary bathroom (2025). Outside, the property offers multiple storage buildings, a large block fenced yar
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades PK-6 • 4.3 mi
Grades K-6 • 8.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,082 | 1,581 | 81% |
| Lot Size | 13,591 | 7,365 | 96% |
| Price | $425.0K | $356.5K | 74% |
| Price per sq ft | $204 | $219 | 45% |
| Built year | 1968 | 1997 | 8% |
| HOA | $0 | $99 | 26% |
| Days on market | 42 | 2280 | 1% |
Mar 11, 2026
$425,000
Initial Listing