453 W 3RD Place, Mesa, AZ 85201, Mesa, 85201 - 3 bed, 2 bath
Loading property details...
Mesa, AZ 85201
This Value-Add Residential Asset is listed at $350,000, positioned near its $352,018 Fair Market Value by 1%. This entry point provides $2,018 in Instant Equity, with significant upside potential through interior modernization. The home holds a Condition Rating of 4 and requires "TLC," yet benefits from a three-year-old roof and proximity to the 9/10 rated Franklin at Brimhall Elementary. Located in north-central Mesa with excellent transit access, this is an ideal project for Fix-and-Flip Investors or first-time buyers looking to transform a property and capture immediate market value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 453 W 3RD Place Subject | $350,000* List Price | 3 | 2 | 1,390 | $250 | - |
A 749 N BEVERLY Lane Sold | $380,000 | 4 | 2 | 1,538 | $247 | 0.8 mi |
B 315 N CHERRY -- Sold | $330,000 | 3 | 2 | 1,034 | $319 | 0.2 mi |
C 1061 W 5TH Street Active | $399,900 List Price | 3 | 2 | 1,276 | $313 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is significantly aged (>20 years) and described as needing 'TLC' and 'transformation' to gain equity, indicating dated interiors. While the roof is a major system plus being only 3 years old, the overall age and the agent's call for creativity suggest the kitchen, baths, and other systems require minor repairs and modernization.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated in north-central Mesa, the property offers exceptional connectivity to major roadways, providing easy access to Phoenix, the East Valley, and regional travel routes.
Priced below market comparables for homes in good condition, this property allows buyers to build significant equity through minor cosmetic improvements and creative renovations.
The property is noted as needing 'TLC' and minor maintenance, which may deter buyers seeking a move-in-ready home without immediate project requirements.
The seller has explicitly stated they will not respond to offers significantly below the list price, reducing the buyer's leverage in price negotiations.
A 3-bedroom, 2-bathroom home located in north-central Mesa, near University Drive and Country Club Drive. It offers easy access to major roadways connecting the East Valley--including the north, south, and west--to Phoenix, as well as routes leading to Tucson, Globe, and Los Angeles. The property requires only minor maintenance (TLC). The list price is below the market comparables for Good condition home. This is an excellent opportunity for someone who wants to apply their creativity, transform the property, and gain immediate equity at a price below the local market value. The roof is semi-new; it was installed approximately three years ago. Per the seller's instructions, they will not consider--or even respond to--offers significantly below the already reduced list price.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.0 mi
Grades K-6 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,390 | 1,584 | 39% |
| Lot Size | 6,800 | 7,884 | 22% |
| Price | $350.0K | $240.0K | 59% |
| Price per sq ft | $252 | $212 | 66% |
| Built year | 1959 | 1962 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 2344 | 2% |
Apr 25, 2026
$350,000
Initial Listing