
Mesa, AZ 85206
This Move-In Ready Single-Family Residence represents a High-Potential Investment Opportunity, with a List Price of $435,000—positioned well below the $649,964 Fair Market Value by 33%. This significant valuation gap provides $214,964 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features a 2019 roof, new windows, and a backyard retreat with a PebbleTec pool. Proximity to Top-Rated Schools like Franklin Junior High (10/10) ensures sustained demand. This is an exceptional acquisition for Owner-Occupants seeking immediate wealth or Buy-and-Hold Investors targeting high-equity assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5450 E FLOWER Avenue Subject | $435,000* List Price | 3 | 2 | 1,364 | $477 | - |
A 5549 E DRUMMER Avenue Sold | $459,000 | 3 | 2 | 1,332 | $345 | 0.5 mi |
B 5549 E DRUMMER Avenue Sold | $459,000 | 3 | 2 | 1,332 | $345 | 0.5 mi |
C 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.5 mi |
D 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.5 mi |
E 1475 LEISURE WORLD -- Sold | $537,000 | 3 | 2 | 1,432 | $375 | 0.7 mi |
F 1004 S SOMERSET -- Active | $449,900 List Price | 3 | 2 | 1,544 | $291 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent capital improvements, including a 2019 roof and windows. Interior updates such as newer luxury vinyl plank flooring, brand-new bedroom carpets, and modernized bathroom vanities and fixtures elevate the condition well beyond its 1988 build date, meeting the criteria for a well-maintained home with major systems within their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10507, living area = 1364.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property features significant high-ticket upgrades including a 2019 roof and windows, along with updated luxury vinyl plank flooring and modernized bathrooms, ensuring reduced immediate maintenance costs.
The solar panels are leased rather than owned, which requires the buyer to assume a contract and may complicate the financing or transfer process for some individuals.
At 1,364 square feet, the interior living space is relatively compact for a three-bedroom home, which may feel small compared to the generous size of the outdoor lot.
This move-in ready home features a spacious great room with soaring ceilings and a cozy fireplace,creating the perfect space for everyday living.Recent upgrades include a 2019 roof and windows, newer luxury vinyl plank flooring throughout the main living areas,& brand-new carpet in all bedrooms. Both bathrooms have been tastefully updated with newer vanities & fixtures for a fresh, modern feel.Step outside to your private backyard retreat complete with a covered patio, beautiful PebbleTec pool, & a turf volleyball or badminton court perfect for entertaining or enjoying Arizona living year-round.Leased solar is already in place to help keep your SRP bills low costs manageable. Situated on a generous 10,507 SF lot with ideal north/south exposure and exceptional value in prime Mesa location!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.7 mi
Grades K-6 • 4.7 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 | 1,364 | 1,672 | 21% |
| Lot Size | 10,507 | 7,169 | 88% |
| Price | $435.0K | $277.0K | 82% |
| Price per sq ft | $319 | $181 | 94% |
| Built year | 1988 | 1984 | 66% |
| HOA | $0 | $298 | 15% |
| Days on market | 51 | 2156 | 1% |
Mar 2, 2026
$435,000
Initial Listing