5057 E DRAGOON Avenue, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 3 bath
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Mesa, AZ 85206
This Spacious Family Residence is a High-Potential Investment Opportunity, listed at $439,000—positioned well below the $488,376 Fair Market Value by 10%. This valuation gap provides $49,376 in Instant Equity for buyers. While maintaining a Fair Condition Rating with original 1994 finishes, the home features vaulted ceilings, a covered patio, and a community park view. Located near top-rated schools like Franklin Junior High (10/10), it offers significant appreciation potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5057 E DRAGOON Avenue Subject | $435,000* List Price | 3 | 3 | 1,650 | $250 | - |
A 4664 E Carol Avenue Sold | $337,000 List Price | 2 | 2 | 1,580 | 0.5 mi | |
B 4704 E ELENA Avenue Sold | $335,000 List Price | 2 | 2 | 1,637 | 0.5 mi | |
C 4630 E Capri Avenue Sold | $406,500 | 2 | 2 | 1,760 | $231 | 0.6 mi |
D 4630 E Capri Avenue Sold | $406,500 | 2 | 2 | 1,760 | $231 | 0.6 mi |
E 1424 S Rosemont -- Pending | $449,999 List Price | 3 | 2 | 1,548 | $291 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but remains largely in its original 1994 condition. While the flooring has been updated to a modern wood-look laminate, the kitchen and bathrooms feature original oak cabinetry, dated white appliances, and basic fixtures. It meets the 'fair' criteria as a 30-year-old home that is functional but shows significant signs of being outdated with no major recent renovations.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property is ideally situated directly across from a community park featuring picnic tables and green space, providing an excellent outdoor amenity for families.
Vaulted ceilings in the living and dining rooms combined with a large master suite and extra kitchen storage create an open, functional living environment.
The backyard sprinkler system is being sold in as-is condition, which may necessitate immediate repair or replacement costs for the buyer.
Built in 1994 with no mention of recent major renovations, the home likely requires cosmetic updates to meet modern aesthetic and efficiency standards.
Great Family Home with 3 Br, 2.5 baths, vaulted ceilings in Living and Dining Rooms, Kitchen with extra storage in Eating area, Breakfast bar, could be small Family room next to Kitchen, Inside Laundry, upstairs Master Bedroom with lots of room and double sinks in the Bathroom. Private toilet area, 2 more bedrooms upstairs, covered patio off Kitchen/Family Room area, community park across street with picnic tables and green grass. HOA mows front yard. Back sprinkler as-is. Quick close possible!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 0.8 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 | 3.0 | 2.0 | 81% |
| Square foot | 1,650 | 1,691 | 48% |
| Lot Size | 5,262 | 7,475 | 9% |
| Price | $435.0K | $277.0K | 81% |
| Price per sq ft | $264 | $149 | 76% |
| Built year | 1994 | 1985 | 71% |
| HOA | $99 | $290 | 31% |
| Days on market | 125 | 2306 | 1% |
Apr 20, 2026
$435,000
$439,000
-1% Price Drop
Initial Listing
Feb 10, 2026
$439,000
Initial Listing