
Mesa, AZ 85204
This Modernized Single-Level Residence is a Prime Investment Opportunity, listed at $525,000—positioned well below the $540,691 Fair Market Value by 2%. This valuation gap provides $15,691 in Instant Equity. Boasting an Excellent Condition Rating, the home features a Remodeled Backyard with Pool (2024), a new roof, and new windows. Located near Top-Rated Franklin Schools (9/10 and 10/10) with No HOA, it offers long-term stability and lifestyle freedom. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3430 E Emelita Avenue Subject | $525,000* List Price | 4 | 2 | 1,831 | $295 | - |
A 3351 E FLORIAN Avenue Sold | $370,000 | 4 | 2 | 1,741 | $213 | 0.4 mi |
B 3164 E CARMEL Circle Sold | $538,900 | 4 | 2 | 1,754 | $307 | 0.5 mi |
C 2937 E GARNET Circle Sold | $465,000 | 4 | 2 | 1,839 | $253 | 0.8 mi |
D 3258 E EL MORO Avenue Sold | $440,000 | 3 | 2 | 1,601 | $275 | 0.2 mi |
E 3511 E CAPRI Avenue Sold | $422,000 | 4 | 2 | 1,356 | $311 | 0.5 mi |
F 3056 E ENID Avenue Sold | $475,000 | 3 | 2 | 1,669 | $285 | 0.4 mi |
G 3449 E DELTA Avenue Active | $475,000 List Price | 4 | 2 | 1,874 | $253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies for an excellent rating due to extensive recent renovations and major system upgrades within the last five years. Key improvements include a new roof (2022), new windows (2021), a comprehensive backyard remodel (2024), and brand new interior paint and carpet (2026). The kitchen is updated with granite countertops and a large island, while the bathrooms feature modern upgrades such as a contemporary subway-tiled walk-in shower and a jet tub. The home shows no signs of deferred maintenance and meets high quality standards for move-in readiness.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8637, living area = 1831.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property features significant recent capital improvements, including a new roof (2022), new windows (2021), and fresh interior paint and carpet (2026), minimizing immediate maintenance costs for the buyer.
Built in 1979, the home may have older underlying infrastructure or original layout elements that, despite recent cosmetic updates, may not fully align with modern construction standards.
While the local elementary and junior high schools boast high ratings, the assigned high school has a lower rating of 4, which could be a concern for education-focused families.
FRESHLY UPDATED, NO HOA! This beautiful, single level home features open concept kitchen, dining and living areas ideal for everyday living and entertaining. The kitchen offers warm, rich cabinetry, granite counters, a large island with seating, and a spacious dining room! All appliances are included - refrigerator, washer and dryer. The standout backyard, remodeled in 2024, includes a fenced play pool, stone-look modular pavers, synthetic turf inside the pool fenced area, natural grass adjacent to the seating/BBQ area, all anchored by a full-length covered patio. Major improvements include a new roof (2022), new windows (2021), resurfaced front and back patios, fresh interior paint and new carpet (all in 2026). There is even a jet tub in 2nd bath! Near shopping, restaurants and Fwys!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 1.9 mi
Grades K-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,831 | 1,614 | 68% |
| Lot Size | 8,637 | 7,325 | 81% |
| Price | $525.0K | $365.0K | 91% |
| Price per sq ft | $287 | $218 | 72% |
| Built year | 1979 | 1980 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 2246 | 1% |
Apr 3, 2026
$525,000
Initial Listing