4644 S FERRIC --, Mesa, AZ 85212, Mesa, 85212 - 4 bed, 3 bath
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Mesa, AZ 85212
This Turnkey Income-Generating Asset is listed at $699,000, positioned relative to a $649,587 Fair Market Value. As a 2024 New Construction with an Excellent Condition Rating, the property commands a premium for its Premium Waterfront Lot and Private Guest Suite design. Located in the highly sought-after Eastmark community near Canyon Rim Elementary, the home features a Quartz Kitchen and high-end finishes. With a secured tenant for the next two years, this acquisition offers immediate stability and long-term appreciation. It is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a future-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4644 S FERRIC -- Subject | $699,000* List Price | 4 | 3 | 2,147 | $303 | - |
A 4545 S ELEMENT -- Sold | $614,990 List Price | 4 | 3 | 2,150 | 0.2 mi | |
B 9757 E RED GIANT Drive Sold | $570,000 List Price | 4 | 3 | 2,264 | 0.8 mi | |
C 4137 S APOLLO -- Sold | $550,000 | 4 | 3 | 2,151 | $256 | 0.8 mi |
D 10434 E CORBIN Avenue Sold | $628,000 | 3 | 3 | 2,111 | $297 | 0.9 mi |
E 10334 E CORBIN Avenue Sold | $594,000 | 3 | 3 | 2,284 | $260 | 0.8 mi |
F 10012 E TAMERY Avenue Sold | $490,000 | 3 | 2 | 1,845 | $266 | 0.3 mi |
G 9841 E SATELLITE Drive Active | $639,800 List Price | 4 | 3 | 2,231 | $287 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a new construction home built in 2023/2024, placing it well within the 10-year threshold for an excellent rating. The interior features modern, high-end finishes including 42-inch white shaker cabinetry, quartz countertops, stainless steel appliances with a gas range, and contemporary plank tile flooring. All systems, fixtures, and structural components are brand new, meeting current quality standards with no signs of wear or deferred maintenance.
Ideally situated on a premium corner lot that backs directly to a lake/pond, providing superior privacy and scenic views within the highly desirable Eastmark community.
This 2023-built home features a private guest suite with its own living area and high-end finishes like a 4-panel sliding glass door, perfect for extended family or guests.
With a tenant already secured for the next two years, this property offers immediate rental income and stability for investors looking for a hands-off acquisition.
The existing two-year lease agreement makes the property unsuitable for traditional buyers looking for a primary residence to occupy in the near term.
While elementary and middle schools are highly rated, the assigned high school currently holds a lower rating of 4/10, which may concern families with older children.
Excellent investment opportunity with a Tenant already in place for the next 2 years! Ideally positioned on a premium corner lot backing to the lake/pond in the highly desirable & FUN Eastmark Community. Single story home built in 2023 offers 4 bedrooms, a guest suite, and 3 bathrooms is designed for comfortable living and effortless entertaining. The spacious kitchen and great room flow beautifully together. A dramatic 4-panel sliding glass door opens the living space to a large covered patio, creating a seamless indoor-outdoor lifestyle. The kitchen features upgraded finishes including 42'' white and shale shaker cabinetry, Quartz countertops, and a gas range. Stylish plank tile flooring runs throughout the main living areas, complemented by comfortable carpeting in the bedrooms This home includes a private guest suite with a bedroom and separate living area, perfect for extended family, providing its own comfortable space for privacy and convenience. Residents of highy sought after Eastmark enjoy an impressive range of community amenities including a resort-style pool, splash pads, fishing pond, disc golf course, scenic walking and biking trails, a weekly farmers market, and more! Everyone loves Eastmark! Conveniently located near shopping, dining, and multiple recreational facilities, with easy access to the Loop 202 and US-60 freeways. Great idea to purchase this amazing home when you already have a great Tenant in place.
No exterior & parking available.
Grades PK-6 • 2.1 mi
Grades PK-5 • 4.8 mi
Grades 7-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,147 | 2,261 | 42% |
| Lot Size | 6,490 | 7,200 | 27% |
| Price | $699.0K | $499.5K | 86% |
| Price per sq ft | $326 | $233 | 97% |
| Built year | 2024 | 2014 | 87% |
| HOA | $128 | $123 | 60% |
| Days on market | 37 | 1384 | 0% |
Mar 16, 2026
$699,000
Initial Listing