
Mesa, AZ 85205
This Spacious Value-Driven Residence is a Strong Value Opportunity, listed at $279,900—positioned well below the $294,507 Fair Market Value by 4%. This valuation gap provides $14,607 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the 1,620-square-foot interior features a massive family room and a dedicated office. The property offers exceptional utility with an oversized workshop garage, RV storage, and no HOA fees. Located near the 9/10 rated Franklin Elementary, it is an ideal acquisition for Owner-Occupants or Value-Seeking Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5502 E Duncan Street Subject | $279,900* List Price | 2 | 2 | 1,620 | $182 | - |
A 5313 E Dallas Street Sold | $260,000 List Price | 3 | 2 | 1,519 | 0.3 mi | |
B 5316 E COLBY Street Sold | $244,900 List Price | 3 | 2 | 1,700 | 0.3 mi | |
C 5251 E ADOBE Road Sold | $290,000 | 2 | 2 | 1,422 | $204 | 0.3 mi |
D 5702 E Colby Street Sold | $197,000 List Price | 2 | 2 | 1,556 | 0.4 mi | |
E 5410 E DODGE Street Sold | $209,000 List Price | 2 | 2 | 1,623 | 0.1 mi | |
F 818 N 62ND Street Sold | $271,000 | 3 | 2 | 1,553 | $175 | 0.9 mi |
G 5410 E DODGE Street Active | $340,000 List Price | 2 | 2 | 1,623 | $209 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows signs of consistent maintenance and cosmetic updates. Although built in 1966, the exterior features fresh paint and well-kept desert landscaping. Interior images show modern grey-and-white color schemes, updated tile flooring, and clean finishes. While the kitchen and bathrooms are not fully detailed in the primary images, the overall presentation and the presence of a functional oversized garage, carport, and multiple storage sheds indicate a well-maintained home that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7144, living area = 1620.
Elementary School: Franklin Elementary School (9/10).
Offering 1,620 square feet for under $280k, this property provides a significantly lower price-per-square-foot than many comparable homes in the Mesa area.
Built in 1966, the home likely requires modernization of its original systems and cosmetic finishes to meet contemporary buyer standards.
Despite the generous square footage, the two-bedroom layout may limit the property's appeal to larger families or those requiring more traditional sleeping quarters.
WOW! Welcome to your new home! No HOA! Two large bedrooms and an office plus a dining room and a HUGE family room.1620 square feet for only $279K! you just wont find a better deal. Relax on your fenced front porch and enjoy the weather, let the dog run around in the fenced back yard that features 3 large sheds and an orange tree. The oversized one car garage makes a great workshop. There is a one car carport and plenty of room for RV or trailer storage, and don't forget the low county island property taxes!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 1.1 mi
Grades PK-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,620 | 1,553 | 56% |
| Lot Size | 7,144 | 7,543 | 26% |
| Price | $279.9K | $310.0K | 46% |
| Price per sq ft | $173 | $215 | 42% |
| Built year | 1966 | 1983 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 2231 | 1% |
Mar 3, 2026
$279,900
Initial Listing