4746 E HANNIBAL Street, Mesa, AZ 85205, Mesa, 85205 - 3 bed, 2 bath
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Mesa, AZ 85205
This Versatile Value-Add Residence is a Strong Value Opportunity, listed at $380,000—positioned below the $384,647 Fair Market Value by 1%. This valuation provides $4,647 in Instant Equity. Maintaining a Condition Rating of 4 with a two-year-old roof and dual-pane windows, the home features a massive 13,821 sq ft lot, Pebble Tec pool, and 300+ sq ft bonus space with a private entrance. Located near the 9/10 rated Franklin Elementary, it perfectly suits Owner-Occupants or first-time buyers seeking lifestyle amenities and sweat-equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4746 E HANNIBAL Street Subject | $380,000* List Price | 3 | 2 | 1,120 | $343 | - |
A 4913 E Fox Street Pending | $420,000 List Price | 3 | 2 | 1,200 | $350 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained with significant high-value updates including a two-year-old roof, dual-pane windows, and a newer Pebble Tec pool finish. However, the interior reflects its 1972 vintage with dated features such as popcorn ceilings throughout, older cabinetry in the kitchen, and unconventional tile work in the bathrooms. While move-in ready and functional, the aesthetic finishes and fixtures show signs of age and do not meet the criteria for a fully renovated 'good' or 'excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13821, living area = 1120.
Elementary School: Franklin Elementary School (9/10).
The property features over 300 sq ft of additional usable space with a private entrance and roll-up door, offering exceptional flexibility for a workshop, home business, or guest suite.
At 1,120 sq ft for a three-bedroom configuration, the primary living quarters may feel restrictive for larger families or those seeking spacious common areas.
Built in 1972, the home may require continued updates to original systems and aesthetic finishes to meet modern buyer expectations despite recent improvements like the roof.
Charming 1,200 sq ft home situated on an expansive 13,821 sq ft lot, offering over 300+ sq ft of additional usable bonus space. The flexible bonus area features its own entrance and roll-up door, making it ideal for a workshop, hobby space, home business, gym, or potential future mother-in-law setup. Roof replaced 2 years ago and dual pane windows throughout. New oversized driveway leads to a double roll-up garage door, plus a large RV gate providing ample parking for toys, trailers, or extra vehicles. The backyard is built for entertaining with a pool featuring newer Pebble Tec finish, a 4-station BBQ island with pizza oven and smoker, and a spa with custom built deck surround and cover. Air-conditioned workout room includes equipment. Walk-in pantry adds practical storage. Rare combination of lot size, usable bonus space, and outdoor amenities in one property.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 3.6 mi
Grades K-6 • 4.8 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 | 1,120 | 1,542 | 15% |
| Lot Size | 13,821 | 7,639 | 91% |
| Price | $380.0K | $310.0K | 63% |
| Price per sq ft | $339 | $216 | 95% |
| Built year | 1972 | 1983 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 2231 | 1% |
Feb 27, 2026
$380,000
Initial Listing