503 N BALBOA --, Mesa, AZ 85205, Mesa, 85205 - 4 bed, 2 bath
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Mesa, AZ 85205
This Updated Turnkey Residence is listed at $440,000, aligning perfectly with its $440,000 Fair Market Value. Boasting a Move-in Ready Condition Rating, the home features a modern granite kitchen, stainless steel appliances, and fresh interior paint. The standout feature is the expansive 10,900+ sq ft lot with a professionally updated backyard including new turf, a gazebo, and a built-in fire pit. Located near the 9/10 rated Franklin Elementary School, this property offers a blend of functional living and outdoor entertainment. It is an ideal match for growing families or first-time buyers seeking a polished, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 503 N BALBOA -- Subject | $440,000* List Price | 4 | 2 | 1,460 | $301 | - |
A 5228 E DES MOINES Street Sold | $319,900 | 2 | 2 | 1,423 | $225 | 0.2 mi |
B 5322 E FOUNTAIN Street Sold | $465,000 | 4 | 2 | 1,812 | $257 | 0.8 mi |
C 737 N REGENT -- Sold | $365,000 | 3 | 2 | 1,352 | $270 | 0.4 mi |
D 1044 N ABNER -- Sold | $490,000 | 4 | 2 | 2,003 | $245 | 1.0 mi |
E 737 N REGENT -- Sold | $365,000 | 3 | 2 | 1,352 | $270 | 0.4 mi |
F 5316 E COLBY Street Sold | $400,000 List Price | 3 | 2 | 1,716 | 0.2 mi | |
G 4853 E DALLAS Circle Active | $515,000 List Price | 3 | 2 | 1,551 | $332 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic updates, including new flooring, fresh interior paint, and a kitchen refreshed with granite countertops and stainless steel appliances. While the 1995 build date and original cabinet structures prevent an 'excellent' rating, the overall condition is well-maintained with updated surfaces and a fully renovated backyard featuring new turf and a gazebo.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10920, living area = 1460.
Elementary School: Franklin Elementary School (9/10).
The property sits on a rare 10,900+ sq ft lot featuring a professionally updated backyard with new turf, a gazebo, and a built-in fire pit, offering exceptional outdoor living and entertaining space.
With four bedrooms configured within 1,460 square feet, individual room dimensions may feel constrained, potentially limiting furniture options and overall interior spaciousness.
The primary assigned middle and high schools carry average ratings (5 and 6 respectively), which may be a drawback for families specifically seeking top-tier educational performance.
Set on an expansive 10,900+ sq ft lot, this 4-bedroom, 2-bath home offers space, flexibility, and thoughtful updates throughout. The oversized backyard has been refreshed with new turf and rock, and features a gazebo, built-in fire pit, and storage shed that conveys--ideal for relaxing, entertaining, or creating your own outdoor retreat. Inside, enjoy fresh interior paint, new flooring, and a bright, open layout with a combined family and dining area, plus a separate front living space perfect for a flex room, office, or additional lounge. The kitchen features granite countertops, a breakfast bar, and stainless steel appliances, opening seamlessly to the main living space. Move-in ready and available now--come take a look!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 2.3 mi
Grades K-6 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,460 | 1,542 | 44% |
| Lot Size | 10,920 | 7,639 | 87% |
| Price | $440.0K | $310.0K | 78% |
| Price per sq ft | $301 | $216 | 86% |
| Built year | 1995 | 1984 | 89% |
| HOA | $39 | $0 | 60% |
| Days on market | 107 | 2231 | 1% |
Jan 5, 2026
$440,000
Initial Listing