
Mesa, AZ 85215
This High-Potential Investment Opportunity is listed at a List Price of $420,000, positioned above the $399,771 Fair Market Value by 5%. While the property requires cosmetic updates due to its Condition Rating of 4, it offers a rare No HOA advantage in a desirable Mesa neighborhood. Proximity to the 202 and 60 freeways and the highly-rated Franklin at Brimhall Elementary School (9/10) provides strong long-term appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3329 N REYNOLDS Subject | $420,000* List Price | 3 | 2 | 1,399 | $286 | - |
A 6363 E RIVERDALE Street Sold | $520,000 | 4 | 2 | 1,710 | $304 | 0.3 mi |
B 6708 E NORTHRIDGE Street Sold | $379,900 | 3 | 2 | 1,155 | $329 | 0.8 mi |
C 2762 N RICARDO -- Sold | $430,000 | 3 | 2 | 1,787 | $241 | 0.7 mi |
D 6546 E SUGARLOAF Street Sold | $415,000 | 3 | 2 | 1,716 | $242 | 0.7 mi |
E 6540 E SUGARLOAF Street Sold | $535,000 List Price | 2 | 2 | 1,526 | 0.7 mi | |
F 3509 N RAMADA -- Active Under Contract | $519,000 List Price | 3 | 2 | 1,542 | $337 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1994 (30 years old) and appears to be in mostly original condition. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and older fixtures consistent with the year of construction. While functional and marketed as a starter home, it lacks modern renovations and requires cosmetic updates to meet current market standards.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The absence of a Homeowners Association provides significant monthly cost savings and greater freedom for property modifications, a rare and highly sought-after feature in this area.
The home's west-facing position ensures the backyard and covered patio are shaded during the hot Arizona evenings, significantly enhancing the utility of the outdoor living space.
Built in 1994 and positioned as a starter home, the property may require additional capital investment for cosmetic updates to compete with more modern interior standards.
With 1,399 square feet of living space, the home's footprint is relatively modest for a three-bedroom layout, which may limit appeal for larger families or those needing a home office.
NO HOA!!! Perfect 3-bedroom 2 bath starter home. Great established neighborhood with great schools. Vaulted ceiling in the great room/kitchen. The primary is big with a nice sized walk-in closet. secondary bedrooms are roomy. Lots of light throughout. The home faces west so the backyard is shady in the evening to enjoy the covered patio. Close to 202 & 60 freeways. Lots of shopping and restaurants nearby. Wonderful location.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 6.2 mi
Grades K-6 • 8.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,399 | - |
| Lot Size | 6,661 | - |
| Price | $420.0K | $476.2K |
| Price per sq ft | $300 | $271 |
| Built year | 1994 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 2611 |
Jul 19, 2026
$420,000
Initial Listing