3242 N RICARDO Circle, Mesa, AZ 85215, Mesa, 85215 - 5 bed, 4 bath
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Mesa, AZ 85215
This Upgraded Single-Story Oasis is a Strong Value Opportunity, listed at $700,000—positioned well below the $752,504 Fair Market Value by 6%. This valuation gap provides $52,504 in Instant Equity. Boasting a Mint Condition Rating, the home features a Custom Remodeled Kitchen, new major systems, and versatile Air-Conditioned Flex Rooms with a separate entrance. Located near the Top-Rated Franklin Elementary School with no HOA, it offers a premium lifestyle near the Salt River. This is an exceptional find for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3242 N RICARDO Circle Subject | $700,000* List Price | 5 | 4 | 2,887 | $261 | - |
A 6513 E OASIS Street Sold | $755,000 | 4 | 2 | 2,691 | $281 | 0.5 mi |
B 3008 N SILVERADO -- Sold | $591,000 | 4 | 2 | 2,171 | $272 | 0.4 mi |
C 6360 E RIVERDALE Street Sold | $528,900 | 4 | 3 | 2,353 | $225 | 0.4 mi |
D 6447 E VIRGINIA Street Pending | $650,000 List Price | 5 | 3 | 2,353 | $276 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1994, the property has undergone a comprehensive recent renovation including a fully custom remodeled kitchen with designer finishes and updated tile flooring. All major high-cost systems are new, including the roof, HVAC, and water heater, placing it in mint condition with no deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The home features a fully custom remodeled kitchen with leathered granite and high-end cabinetry, complemented by the recent replacement of major 'big-ticket' items including the roof, HVAC, and water heater.
Unique to this property are two air-conditioned flex rooms with a separate entrance and plumbing, offering exceptional potential for a professional home office, fitness studio, or guest quarters.
While the elementary school is highly rated, the assigned middle and high schools carry average ratings of 5 and 6, which may be a factor for education-focused buyers.
Despite extensive interior remodeling, the 1994 construction may still reflect certain era-specific architectural layouts that some buyers looking for modern open-concept builds might find dated.
Welcome to this gorgeous, highly upgraded 5 bedrooms 4 bath single-story home situated on an 11,000+ sq ft corner lot in a lovely cul-de-sac. A fully custom remodeled kitchen is the heart of the home, featuring luxurious leathered granite countertops, incredible custom cabinetry with pullouts, backlighting, upgraded newer appliances, and designer finishes throughout (see doc tab for more details). Updated tile flooring enhances both beauty and durability. The owners spared no expense, pouring their heart and soul into meticulously creating an entertainer's paradise while offering peace of mind through updating big ticket items:new roof, new HVAC, new Bradford White water heater, water filtration, water softener. A versatile open game room, den, or meditation space, plus two air-conditioned flex rooms with a separate entrance, plumbing, and a half bath--ideal for a spa, fitness studio, art studio, or home office. Location!!Down the road are the extraordinary Lower Salt River, where wild horses are often seen roaming freely, Saguaro Lake, Butcher Jones Recreation Site, scenic desert trails, and endless opportunities for boating, kayaking, hiking, and off-road adventures. The property also features an RV gate and 3-car garage, providing ample space for vehicles, storage, and recreational toys - NO HOA . Step outside to enjoy multiple inviting outdoor living spaces, including a covered backyard patio perfect for relaxing or entertaining, along with lovely front yard patio sitting areas that create a warm and welcoming first impression. Enjoy the feeling of a desert mountain oasis while remaining conveniently located near shopping, dining, and easy freeway access. This is truly the best of Arizona living--comfort, recreation, and convenience all in one exceptional property. Assumable for a Veteran at 2.6% interest rate - inquire with agent
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 6.0 mi
Grades K-6 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 2,887 | 1,907 | 85% |
| Lot Size | 11,061 | 7,168 | 74% |
| Price | $700.0K | $0 | 81% |
| Price per sq ft | $242 | $0 | 57% |
| Built year | 1994 | 1994 | 50% |
| HOA | $0 | $249 | 30% |
| Days on market | 32 | 2482 | 2% |
May 5, 2026
$700,000
Initial Listing