
Mesa, AZ 85201
This Well-Maintained Ranch with Expansion Potential represents a Strong Value Opportunity, listed at $429,900—positioned well below the $446,759 Fair Market Value by 3%. This valuation gap secures $16,859 in Instant Equity for the buyer. Featuring a Move-In Ready Condition Rating, the property includes owned solar, a newer HVAC, and a remodeled kitchen on a massive 15,072 sqft lot. Proximity to the 9/10 rated Franklin Elementary enhances its long-term appeal. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 51 W Hillview Street Subject | $429,900* List Price | 3 | 2 | 1,884 | $237 | - |
A 1631 N OLD COLONY -- Sold | $437,900 List Price | 4 | 2 | 2,000 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been exceptionally well-maintained by the original owner. Major systems are in great shape, with a 5-year-old HVAC, an 8-year-old roof, and owned solar panels providing modern efficiency. While the kitchen features older oak cabinetry and white appliances that are slightly dated in style, the space is functional and remodeled. The primary bathroom has been updated, and the interior boasts clean tile flooring and recessed lighting throughout. The large lot offers significant potential, though the exterior landscaping is currently minimal.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15072, living area = 1884.
Elementary School: Franklin Elementary School (9/10).
The property features owned solar panels, a newer roof (approx. 8 years old), and a recent HVAC system (approx. 5 years old), offering significant long-term utility savings and reduced maintenance concerns.
While elementary options are strong, the assigned middle and high schools carry lower performance ratings, which may be a consideration for families prioritizing education proximity.
Despite updates to the kitchen and primary bath, the 1982 construction and original ownership suggest that other areas of the nearly 1,900 sqft home may still require cosmetic updates to achieve a fully modern aesthetic.
Owned and lovingly maintained by the original owner for nearly 45 years, this nearly 1,900 sf home offers an open floor plan and a truly one-of-a-kind location. Homes like this simply don't come around often. Inside, you'll find a remodeled kitchen and updated primary bath, giving you a strong head start while still leaving room to make it your own. The layout is spacious and functional, ready for everyday living or your next creative vision. Step outside to an oversized backyard with endless potential -- room to expand, add a pool, garden, entertain, or just enjoy the extra space and privacy. Storage shed included. Owned solar adds long-term efficiency and value. ROOF approx 8 y/o, HVAC approx 5 y/o. Conveniently located just minutes from the 202 - don't miss this unique opportunity!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 2.2 mi
Grades K-6 • 3.6 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 | 1,884 | 1,586 | 74% |
| Lot Size | 15,072 | 8,054 | 91% |
| Price | $429.9K | $240.0K | 84% |
| Price per sq ft | $228 | $191 | 62% |
| Built year | 1982 | 1965 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 2324 | 2% |
Feb 27, 2026
$429,900
Initial Listing