4557 E Grove Avenue, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Updated Single-Family Residence is a Strong Value Opportunity, listed at $494,000—positioned well below the $525,784 Fair Market Value by 6%. This valuation gap provides $31,784 in Instant Equity. Boasting a Condition Rating of 3, the home features a modernized kitchen, vaulted ceilings, and an oversized 9,142 sqft lot with a fenced pool and paver patio. Located in the desirable Sunny Mesa subdivision, it balances immediate lifestyle perks with financial upside. 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 |
|---|---|---|---|---|---|---|
★ 4557 E Grove Avenue Subject | $494,000* List Price | 3 | 2 | 1,247 | $422 | - |
A 4550 E ESCONDIDO Avenue Sold | $360,000 | 2 | 2 | 1,240 | $290 | 0.7 mi |
B 1435 S Sinova -- Sold | $466,000 | 3 | 2 | 1,521 | $306 | 1.0 mi |
C 964 S ROCHESTER -- Active | $373,000 List Price | 2 | 2 | 1,256 | $297 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in-ready condition with significant recent updates that elevate it above the 'fair' category despite its 1989 build date. The kitchen has been modernized with white shaker-style cabinetry, stone countertops, a subway tile backsplash, and stainless steel appliances. New wood-look flooring has been installed throughout the home, and the interior features vaulted ceilings and updated light fixtures/ceiling fans. The exterior is well-maintained, featuring a clean fenced pool, a newer Lennox HVAC unit, and professional desert landscaping, though the roof and windows appear to be older.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9142, living area = 1247.
The property sits on an oversized 9,142 sqft lot featuring a fenced pool, lush grass lawn, and a paver patio, offering a premium backyard experience for the Arizona climate.
This move-in-ready home has been thoughtfully updated with new flooring throughout and vaulted ceilings, showing true pride of ownership and minimizing immediate post-purchase costs.
At 1,247 square feet, the home is relatively small for a three-bedroom residence, which may limit its appeal to buyers requiring larger rooms or more storage space.
Given the 1989 construction year, buyers may need to budget for future updates to major mechanical systems or the roof if they have not been recently replaced, despite the cosmetic interior upgrades.
This move-in-ready 3-bedroom, 2-bath home sits on an oversized lot in Mesa and offers the space and layout today's buyers are looking for. Vaulted ceilings and large kitchen windows create a bright, open feel, while the split floor plan provides comfortable separation and flow. The home has been thoughtfully updated with new flooring throughout and shows true pride of ownership. Step outside to a backyard made for enjoying Arizona living, featuring a fenced pool, spacious grass lawn, paver patio, and well-maintained landscaping plenty of room to relax or entertain. Conveniently located near freeways, shopping, and dining, this is an easy, turn-key option in a great Mesa location.
No exterior & parking available.
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 | 1,247 | 1,672 | 15% |
| Lot Size | 9,142 | 7,169 | 82% |
| Price | $494.0K | $277.0K | 89% |
| Price per sq ft | $396 | $181 | 99% |
| Built year | 1989 | 1984 | 69% |
| HOA | $38 | $298 | 15% |
| Days on market | 57 | 2156 | 1% |
Feb 24, 2026
$494,000
Initial Listing