5135 E EVERGREEN Street 1155, Mesa, AZ 85205, Mesa, 85205 - 3 bed, 2 bath
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Mesa, AZ 85205
This Value-Driven Residential Asset is a Prime Investment Opportunity listed at $315,000—positioned below the $326,450 Fair Market Value by 3%. This valuation gap provides $11,450 in Instant Equity. While currently holding a Fair Condition Rating, the property features fresh interior paint, new partial flooring, and a private covered patio. Situated within the boundary of the 9/10 rated Franklin Elementary School, this home offers significant lifestyle value and functional updates. It is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5135 E EVERGREEN Street 1155 Subject | $315,000* List Price | 3 | 2 | 1,116 | $293 | - |
A 5135 E EVERGREEN Street 1260 Sold | $345,000 | 3 | 2 | 1,116 | $309 | 0.1 mi |
B 5135 E EVERGREEN Street 1253 Active | $339,500 List Price | 3 | 2 | 1,116 | $304 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property exceeds the 20-year threshold for 'Fair' condition. While it has received recent cosmetic updates including fresh interior paint and partial flooring, it remains dated with visible popcorn ceilings and no documented upgrades to major systems (HVAC/Electric) or kitchen/bathrooms. It is functional and move-in ready but requires further modernization.
Elementary School: Franklin Elementary School (9/10).
The residence features fresh interior paint and partial flooring replacements throughout, offering a clean, updated aesthetic that allows for immediate occupancy without the need for initial renovations.
The inclusion of a covered patio and a fully fenced-in backyard provides a secure and shaded environment for outdoor activities and pets, which is a significant value-add for this property type.
With a lot size of only 1,770 square feet, the outdoor space is relatively small, which may be a drawback for buyers seeking a large yard or significant gardening opportunities.
At 1,116 square feet for a three-bedroom home, the living spaces and bedrooms may feel somewhat constrained, potentially limiting appeal for families requiring more spacious common areas.
Come see 5135 E Evergreen St, a residence recently updated with fresh interior paint and partial flooring replacement throughout. The primary bedroom includes a generously sized walk in closet for organized storage. The property also features a covered patio and fenced in backyard, providing an enclosed area for outdoor activities. This residence combines fresh updates and functional living, ready for enjoyment. Included 100-Day Home Warranty with buyer activation
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-6 • 2.7 mi
Grades K-6 • 4.8 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 | 1,116 | 1,590.5 | 15% |
| Lot Size | 1,770 | 7,521 | 2% |
| Price | $315.0K | $282.5K | 52% |
| Price per sq ft | $282 | $204 | 81% |
| Built year | 1984 | 1984 | 50% |
| HOA | $52 | $0 | 61% |
| Days on market | 43 | 2309 | 1% |
May 4, 2026
$315,000
Initial Listing