
Mesa, AZ 85201
This Modernized Turnkey Residence is a Prime Investment Opportunity, listed at $379,000—positioned well below the $387,453 Fair Market Value by 2%. This valuation gap provides $8,453 in Instant Equity for incoming buyers. Boasting a Modern Condition Rating, the home features a newer roof, updated insulation, and a sleek stainless steel kitchen. The expansive 7,998 sqft lot includes an RV gate and fiber-ready connectivity. Located near Tempe Marketplace and the 9/10 rated Franklin at Brimhall Elementary, it balances lifestyle convenience with financial upside. This is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 465 N STANDAGE Street Subject | $379,000* List Price | 3 | 2 | 1,155 | $335 | - |
A 1755 W AUBURN Street Sold | $395,000 | 3 | 2 | 1,275 | $310 | 0.7 mi |
B 1755 W Auburn Street Sold | $395,000 | 3 | 2 | 1,268 | $312 | 0.7 mi |
C 315 N CHERRY -- Sold | $330,000 | 3 | 2 | 1,034 | $319 | 0.9 mi |
D 2064 W CAMINO Circle Sold | $411,500 | 3 | 2 | 1,213 | $339 | 0.9 mi |
E 2030 W 1ST Street Sold | $359,000 | 3 | 1 | 1,027 | $350 | 1.0 mi |
F 1036 W 5TH Street Active | $395,000 List Price | 3 | 2 | 1,200 | $329 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1958, the property has undergone a comprehensive modern renovation within the last 5 years. Key updates include a kitchen with sleek stainless steel appliances, fully remodeled bathrooms with contemporary tile and vanities, recessed lighting, and significant system improvements including a newer roof and updated insulation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7998, living area = 1155.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The home features significant functional upgrades including a newer roof, fresh insulation, and fiber-ready internet, offering modern efficiency and peace of mind in a classic 1950s build.
At 1,155 square feet, the interior living space is relatively compact, which may be a constraint for growing families or those requiring a home office.
The immediate neighborhood schools, including the local high school and junior high, currently hold lower performance ratings, which may impact long-term resale value for family-oriented buyers.
Turn up the charm in this 3 bed, 2 bath gem! Enjoy a bright, modern feel with recessed lighting and sleek stainless steel appliances. Stay connected with fiber-ready internet, while a newer roof and fresh insulation add comfort and efficiency. Perfectly situated near freeways, Tempe Marketplace, and Riverview Park for shopping, dining, and outdoor fun. Plus, an RV gate and dedicated parking give you room for all your adventures. This one checks all the boxes!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 2.0 mi
Grades K-6 • 4.2 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 | 1,155 | 1,584 | 24% |
| Lot Size | 7,998 | 7,998 | 50% |
| Price | $379.0K | $240.0K | 66% |
| Price per sq ft | $328 | $212 | 88% |
| Built year | 1958 | 1962 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 2343 | 2% |
Apr 28, 2026
$379,000
Initial Listing