
Mesa, AZ 85206
This Spacious Two-Story Residence is a Strong Value Opportunity, listed at $405,000—positioned well below the $438,352 Fair Market Value by 7%. This valuation gap provides $33,352 in Instant Equity. Featuring a Condition Rating of 4 with fresh paint and new carpet, the property offers immediate livability with significant upside via kitchen and bath updates. With a downstairs primary suite and proximity to Top-Rated Schools like Franklin Junior High (10/10), it balances financial logic with lifestyle. This is an ideal match for Owner-Occupants seeking equity or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5104 E CATALINA Avenue Subject | $405,000* List Price | 3 | 3 | 2,120 | $207 | - |
A 665 S Rochester -- Sold | $299,500 List Price | 2 | 2 | 1,903 | 0.3 mi | |
B 4630 E Capri Avenue Sold | $406,500 | 2 | 2 | 1,760 | $231 | 0.6 mi |
C 4630 E Capri Avenue Sold | $406,500 | 2 | 2 | 1,760 | $231 | 0.6 mi |
D 4664 E Carol Avenue Sold | $337,000 List Price | 2 | 2 | 1,580 | 0.5 mi | |
E 5347 E CAROL Avenue Active | $469,000 List Price | 3 | 3 | 2,015 | $233 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is nearly 30 years old. While it has received cosmetic updates like fresh paint and new carpeting, the kitchen and bathrooms are original and dated, requiring modernization as explicitly noted in the listing description.
Elementary School: Franklin at Brimhall Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The floorplan features a highly sought-after downstairs primary suite, providing excellent accessibility and privacy while leaving the guest rooms and loft on the second level.
The home has been updated with fresh interior and exterior paint, brand new carpeting, and modern lighting, allowing for immediate occupancy while other renovations are planned.
The kitchen and bathrooms are in original condition and require full remodeling to meet modern standards, which will necessitate additional capital investment from the buyer.
With a lot size of just under 5,000 square feet for a 2,120 square foot home, the outdoor space is relatively compact, which may not appeal to buyers seeking a large private yard.
Freshly painted and full of opportunity, this 3 bedroom/2.5 bath 2-story home offers a great floorplan with the primary suite downstairs. 2 guest rooms and large loft are upstairs. Recently updated with new interior & exterior paint, brand new carpeting, modern ceiling fans & recessed lighting. The kitchen and bathrooms are an opportunity to remodel to your heart's desire. Priced accordingly, this home is perfect for a buyer looking to build equity or investors seeking their next project. You can't miss on the location! HOA maintains the front yard for you!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 0.9 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 | 2,120 | 1,704 | 80% |
| Lot Size | 4,888 | 7,475 | 8% |
| Price | $405.0K | $277.0K | 72% |
| Price per sq ft | $191 | $149 | 55% |
| Built year | 1995 | 1985 | 75% |
| HOA | $99 | $290 | 31% |
| Days on market | 70 | 2306 | 1% |
Apr 6, 2026
$405,000
Initial Listing