511 N 94TH Circle, Mesa, AZ 85207, Mesa, 85207 - 4 bed, 3 bath
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Mesa, AZ 85207
This Single Family Residence presents a Strong Value Opportunity, listed at $415,000—positioned well below the $440,219 Fair Market Value by 5%. This valuation gap offers $25,219 in Instant Equity. With a Condition Rating of 4, the home requires cosmetic updates, yet features a massive 10,315 sqft lot and a flexible converted garage. Located in a quiet cul-de-sac with no HOA, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 511 N 94TH Circle Subject | $415,000* List Price | 4 | 3 | 1,622 | $271 | - |
A 1015 N 91ST Place Sold | $493,000 | 4 | 2 | 1,759 | $280 | 0.7 mi |
B 9266 E QUARTERLINE Road Sold | $390,000 | 3 | 2 | 1,395 | $280 | 0.2 mi |
C 9339 E CONTESSA Circle Sold | $440,000 | 3 | 2 | 1,344 | $327 | 0.1 mi |
D 519 N 96TH Place Sold | $415,000 | 4 | 3 | 1,792 | $232 | 0.4 mi |
E 9844 E BUTTE Street Sold | $323,723 | 3 | 2 | 1,096 | $295 | 0.7 mi |
F 324 N 88TH Street Active Under Contract | $445,000 List Price | 4 | 2 | 1,484 | $300 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is over 20 years old and retains mostly original features. The kitchen and bathrooms are dated with oak cabinetry and laminate counters, and the interior shows signs of age such as dated wallpaper and older fixtures. The listing description explicitly notes the home is an opportunity to update and personalize, fitting the criteria for a functional but dated home needing minor repairs and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10315, living area = 1622.
Elementary School: Franklin Elementary School (9/10).
The oversized 10,315 sqft cul-de-sac lot provides exceptional flexibility, featuring dedicated RV parking and ample space for a pool, garden, or custom outdoor entertaining area.
The property is positioned as an opportunity to update and personalize, suggesting that the interior finishes may be dated and require additional capital investment for renovations.
With all four bedrooms located on the second floor, the layout may be less desirable for buyers seeking a primary suite on the main level or those with accessibility concerns.
Located at the end of a cul de sac in Northeast Mesa with no HOA, this 4 bedroom, 2.5 bath home sits on a large lot with plenty of usable outdoor space and future potential. The backyard is split into multiple sections with room for RV parking, storage, gardening, entertaining, or even a pool. Inside the home features spacious living areas, a functional kitchen with ample cabinet and counter space, and all four bedrooms upstairs including the primary suite. The converted rear garage space adds extra flexibility with a walk in shower, ideal for a home office, hobby room, workout area, or guest setup. A great opportunity to update and personalize a home with space to grow.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 5.9 mi
Grades K-6 • 9.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,622 | 2,105 | 27% |
| Lot Size | 10,315 | 8,852 | 64% |
| Price | $415.0K | $344.0K | 59% |
| Price per sq ft | $256 | $235 | 53% |
| Built year | 1999 | 2000 | 47% |
| HOA | $0 | $127 | 27% |
| Days on market | 44 | 2826 | 1% |
May 1, 2026
$415,000
Initial Listing