3862 N KASHMIR Street, Mesa, AZ 85215, Mesa, 85215 - 5 bed, 3 bath
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Mesa, AZ 85215
This Spacious Single Family Residence in Red Mountain Ranch represents a High-Potential Investment Opportunity, listed at $640,000—positioned above the $622,677 Fair Market Value by 2%. While the price reflects the premium location, the property’s Condition Rating of 4 provides a clear path for value-add renovations. Featuring a 3-car garage, mature fruit trees, and proximity to the highly-rated Franklin at Brimhall Elementary (9/10), this home offers significant upside for Buy-and-Hold Investors or Owner-Occupants ready to modernize the interior and build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3862 N KASHMIR Street Subject | $619,900* List Price | 5 | 3 | 2,569 | $243 | - |
A 3404 N RAVINE -- Sold | $562,000 | 4 | 3 | 2,353 | $239 | 0.6 mi |
B 6260 E VIRGINIA Street Sold | $599,900 | 4 | 3 | 2,087 | $287 | 0.5 mi |
C 6363 E RIVERDALE Street Sold | $520,000 | 4 | 2 | 1,710 | $304 | 0.5 mi |
D 6255 E RIVERDALE Street E Sold | $558,500 | 4 | 2 | 2,175 | $257 | 0.4 mi |
E 6708 E VENUE Street Sold | $615,000 | 3 | 2 | 2,349 | $262 | 0.9 mi |
F 6603 E SNOWDON Street Sold | $635,000 | 4 | 3 | 2,047 | $310 | 0.5 mi |
G 6455 E RAFTRIVER Street Sold | $575,000 | 3 | 3 | 2,445 | $235 | 0.4 mi |
H 6424 E QUARTZ Street Sold | $555,000 | 4 | 2 | 1,868 | $297 | 0.7 mi |
I 4002 N SAN GABRIEL Circle Pending | $625,000 List Price | 4 | 3 | 2,564 | $244 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this 32-year-old home is well-maintained but largely dated. While the roof (6 years old) and exterior paint are recent, the interior features original-style carpeting, tile, and fixtures. The listing description explicitly notes 'potential' for buyers to add their own style, indicating that the kitchen and bathrooms likely require modernization to meet current market standards.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated in the desirable Red Mountain Ranch golf course community, this property offers a spacious 3-car garage and excellent proximity to top-rated schools, including Red Mountain Ranch Elementary.
The home features significant recent maintenance, including a roof that is only six years old and a fresh exterior paint job completed last year, reducing immediate capital expenditure for the buyer.
The property is positioned as having 'great potential' for buyers to 'add their own style,' suggesting that the interior finishes are dated and will require a budget for remodeling.
Given the 1992 construction date, original components such as HVAC units or water heaters may be nearing the end of their functional lifespan, potentially leading to near-term replacement costs.
Here's your chance to own in Red Mountain Ranch! This 5-bed 2.5-bath home offers a great floor plan and even greater potential in a well-established golf course community. With a 3-car garage and a desirable location within a respected school district, this property is perfect for buyers ready to add their own style. The roof is only 6 years old and the exterior was painted last year. Step outside to a shaded backyard featuring a covered patio, grass and several mature fruit trees -- a nice everyday outdoor space for relaxing or gardening. This home is ready for its next owners - don't wait to make Red Mountain Ranch home!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 6.6 mi
Grades K-6 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,569 | - |
| Lot Size | 8,128 | - |
| Price | $619.9K | $476.2K |
| Price per sq ft | $241 | $271 |
| Built year | 1992 | 0 |
| HOA | $636 | $0 |
| Days on market | 33 | 2611 |
Jul 21, 2026
$619,900
$640,000
-3% Price Drop
Initial Listing
Jun 19, 2026
$640,000
Initial Listing