5423 E ELLIS Street, Mesa, AZ 85205, Mesa, 85205 - 4 bed, 2 bath
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Mesa, AZ 85205
This Strong Value Opportunity is a 4-bedroom single-story residence listed at $480,000—positioned well below the $519,336 Fair Market Value by 7%. This valuation gap provides $39,336 in Instant Equity. Featuring a Condition Rating of 3, the home offers modern upgrades like a renovated guest bath and stainless appliances alongside an oversized pool and large patio. Zoned for Red Mountain High School, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5423 E ELLIS Street Subject | $470,000* List Price | 4 | 2 | 1,759 | $268 | - |
A 5131 E DALLAS Street Sold | $410,000 | 4 | 2 | 1,551 | $264 | 0.4 mi |
B 832 N ALVARO Circle Sold | $480,000 | 4 | 2 | 2,003 | $240 | 0.1 mi |
C 630 N ST PAUL -- Sold | $500,000 | 3 | 2 | 1,696 | $295 | 0.5 mi |
D 614 N ST PAUL -- Sold | $365,000 | 3 | 2 | 1,696 | $215 | 0.6 mi |
E 5649 E FAIRBROOK Street Sold | $499,000 | 3 | 3 | 2,188 | $228 | 0.5 mi |
F 840 N Arvada -- Sold | $549,900 | 3 | 2 | 2,003 | $275 | 0.1 mi |
G 5654 E GRANDVIEW Street Sold | $576,000 | 4 | 2 | 2,175 | $265 | 0.7 mi |
H 5829 E ENROSE Street Pending | $419,999 List Price | 4 | 2 | 1,672 | $251 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1987 (37 years old), the property is well-maintained and move-in ready. It features a fully renovated guest bath with modern quartz counters and frameless glass, updated wood-look flooring, and stainless steel kitchen appliances. The kitchen cabinetry is functional but dated, and the tile roof adds to the structural value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8089, living area = 1759.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features an oversized pool, open pergola, and a large patio on an 8,000+ sqft lot, offering rare value for a pool home at this price point in the 85205 zip code.
While the guest bath is fully renovated, the primary suite is not described as updated, suggesting it may still feature original 1987 finishes that require modernization.
With four bedrooms distributed across 1,759 square feet, individual room sizes or living areas may feel somewhat constrained compared to larger contemporary floor plans.
4-bed, 2-bath single-level on an 8,000+ sqft lot. Pool homes at this price are rare! Enjoy a large block-fenced yard, oversized pool, open pergola, and covered patio. Inside, vaulted ceilings and an open layout connect the kitchen and family room, featuring a classic wood fireplace and sightlines to the pool. The guest bath is updated with quartz counters and a frameless glass shower. Washer, dryer, and fridge all convey. Tile roof, low quarterly HOA, and zoned for Red Mountain High. A fantastic home with a great layout that is perfectly livable today with incredible potential to add your own finishing touches!
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 1.3 mi
Grades PK-6 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,759 | - |
| Lot Size | 8,089 | - |
| Price | $470.0K | $476.2K |
| Price per sq ft | $267 | $271 |
| Built year | 1987 | 0 |
| HOA | $59 | $0 |
| Days on market | 58 | 2611 |
Jul 12, 2026
$470,000
$480,000
-2% Price Drop
Initial Listing
May 26, 2026
$480,000
Initial Listing