550 N OVERLAND, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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Mesa, AZ 85207
This property presents a Strong Value Opportunity with a List Price of $355,000—positioned well below the $380,599 Fair Market Value by 6%. This valuation gap offers $25,599 in Instant Equity for buyers willing to address the Condition Rating of 5, which requires a new roof and A/C unit. Featuring a private pool, mountain views, and a large 8,668 sqft lot, this asset is ideal for Buy-and-Hold Investors or sweat-equity buyers seeking a high-potential project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 N OVERLAND Subject | $355,000* List Price | 3 | 2 | 1,157 | $329 | - |
A 7934 E COVINA Street Pending | $429,000 List Price | 3 | 2 | 1,428 | $300 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1997 (29 years old), the property is approaching the 30-year threshold and explicitly requires a new roof and a new A/C unit. These are major structural and system failures that go beyond minor repairs, necessitating a rehab of the home's primary components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8668, living area = 1157.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features a sparkling private pool and scenic mountain views on a generous 8,668 sqft lot, offering exceptional outdoor entertainment value.
The listing explicitly notes the need for a new roof and a new A/C unit, requiring immediate and substantial capital expenditure after closing.
At just 1,157 square feet for a three-bedroom home, the interior dimensions are relatively small, which may limit its appeal to growing families.
Amazing opportunity! SPARKING POOL! 3 bed 2 bath, split floor plan, 2 car garage AND PRIVATE POOL! This property has it all! Amazing investor opportunity! Loads of storage and beautiful landscape. Very clean! Needs a new roof and a new A/C unit.
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades PK-6 • 4.4 mi
Grades K-6 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,157 | - |
| Lot Size | 8,668 | - |
| Price | $355.0K | $476.2K |
| Price per sq ft | $307 | $271 |
| Built year | 1997 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 2611 |
Jul 9, 2026
$355,000
Initial Listing