
Mesa, AZ 85205
This Modernized Turnkey Residence is a Prime Investment Opportunity, listed at $515,000—positioned well below the $527,665 Fair Market Value by 2%. This valuation gap offers $12,665 in Instant Equity for savvy buyers. Featuring an Excellent Condition Rating, the property includes Owned Solar, No HOA, and a Resort-Style Backyard with a pool and spa. Located within the boundary of the 9/10 rated Franklin Elementary, it combines lifestyle luxury with long-term financial efficiency. This is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4853 E DALLAS Circle Subject | $515,000* List Price | 3 | 2 | 1,551 | $340 | - |
A 4258 E DECATUR Street Sold | $451,100 | 3 | 2 | 1,890 | $239 | 0.7 mi |
B 840 N Arvada -- Sold | $549,900 | 3 | 2 | 2,003 | $275 | 0.8 mi |
C 737 N REGENT -- Sold | $365,000 | 3 | 2 | 1,352 | $270 | 0.2 mi |
D 5316 E COLBY Street Sold | $400,000 List Price | 3 | 2 | 1,716 | 0.6 mi | |
E 737 N REGENT -- Sold | $365,000 | 3 | 2 | 1,352 | $270 | 0.2 mi |
F 503 N BALBOA -- Active | $440,000 List Price | 4 | 2 | 1,460 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates that elevate it above its 1988 build year. The kitchen has been updated with granite countertops, a tile backsplash, and stainless steel appliances, while the bathrooms feature newer vanities and stone counters. The interior boasts a mix of contemporary wood-look tile and plush carpeting, along with neutral paint and updated light fixtures. Additionally, the inclusion of owned solar panels and a well-maintained resort-style backyard with a pool and spa indicates a high level of upkeep.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10699, living area = 1551.
Elementary School: Franklin Elementary School (9/10).
The property features fully owned solar panels and no HOA, providing significant monthly utility savings and freedom from restrictive community regulations.
Built in 1988, the property may require upcoming capital expenditures for major systems such as the roof or HVAC, which are not explicitly listed as recently replaced.
At 1,551 square feet, the interior living space is relatively modest for the price point, which may feel restrictive for larger families or those requiring a home office.
Beautifully maintained 3BR, 2BA home with 2-car garage and RV gate on a quiet cul-de-sac with OWNED SOLAR & NO HOA! Mature landscaping delivers great curb appeal. Inside features vaulted ceilings, updated fixtures, neutral two-tone paint, wood-look tile, and plush carpet. Stylish kitchen with granite counters, tile backsplash, stainless appliances, and breakfast bar opens to a cozy living area with brick fireplace. Spacious primary suite includes walk-in closet, dual sinks, vanity, and private backyard access. Resort-style yard with Saltillo tile, covered patio, sparkling pool, spa, shade trees, and built-in BBQ. Close to schools, dining, and shopping!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 2.4 mi
Grades K-6 • 4.3 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 | 1,551 | 1,551 | 50% |
| Lot Size | 10,699 | 7,639 | 87% |
| Price | $515.0K | $310.0K | 88% |
| Price per sq ft | $332 | $216 | 94% |
| Built year | 1988 | 1984 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 2231 | 1% |
Mar 21, 2026
$515,000
Initial Listing