
Mesa, AZ 85201
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $452,000—positioned well below the $456,031 Fair Market Value by 0.88%. This valuation gap offers $4,031 in Instant Equity for buyers. The property maintains a Condition Rating of 3, featuring a renovated kitchen and recent capital improvements like a new roof. With 5 bedrooms and a generous 10,280 sqft lot, it provides rare versatility for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near top-rated elementary schools.
Property is move-in ready.
Despite being built in 1950, the property has undergone significant recent renovations including an updated kitchen with modern cabinetry, new wood-look flooring, and fresh interior paint. Major systems have been addressed with a new roof and newer hot water heater, making the home move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10280, living area = 2001.
Elementary School: Franklin Elementary School (9/10).
With 5 bedrooms and over 2,000 sqft of living space, this property offers rare capacity and versatility for large families or multi-generational living at a competitive price point.
Originally built in 1950, the home may require ongoing maintenance or further modernization of underlying systems not addressed by the recent cosmetic updates.
While some nearby elementary options are highly rated, the assigned middle and high schools carry lower performance ratings, which may be a consideration for education-focused buyers.
A rare 5 bedroom, 2 bath home offering space, comfort, and key updates in a prime location near shopping and dining. Enjoy an updated kitchen with refreshed finishes, a bright living area, and flexible rooms ideal for guests, work, or hobbies. Major improvements include a new roof and newer hot water heater, giving added peace of mind. The property features a welcoming layout, natural light, and an outdoor area with room to relax or personalize. A move in ready home with exceptional convenience and value.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.1 mi
Grades K-6 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,001 | 1,588 | 80% |
| Lot Size | 10,280 | 8,407 | 66% |
| Price | $439.0K | $240.0K | 80% |
| Price per sq ft | $219 | $212 | 56% |
| Built year | 1950 | 1962 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 2343 | 2% |
May 28, 2026
$439,000
$452,000
-3% Price Drop
Initial Listing
May 8, 2026
$452,000
Initial Listing