5531 E ELENA Avenue, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 2 bath
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Mesa, AZ 85206
This Modernized Turnkey Residence is listed at $425,000—positioned well below the $431,401 Fair Market Value by 1%. This valuation gap offers $6,401 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating following extensive 2025 renovations, the home features all-new stainless appliances, a remodeled primary suite, and a rare RV gate in a non-HOA community. Located near top-rated schools including Franklin Junior High (10/10), this home combines modern luxury with financial prudence. It is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5531 E ELENA Avenue Subject | $425,000* List Price | 3 | 2 | 1,364 | $316 | - |
A 2038 LEISURE WORLD -- Sold | $419,000 List Price | 2 | 2 | 1,534 | 0.4 mi | |
B 5718 E FLOWER Circle Sold | $420,000 | 3 | 2 | 1,392 | $302 | 0.4 mi |
C 5718 E FLOWER Circle Sold | $420,000 | 3 | 2 | 1,393 | $302 | 0.4 mi |
D 1435 S Sinova -- Sold | $466,000 | 3 | 2 | 1,521 | $306 | 0.7 mi |
E 1475 LEISURE WORLD -- Sold | $537,000 | 3 | 2 | 1,432 | $375 | 0.6 mi |
F 5713 E FLORIAN Circle Sold | $394,000 | 3 | 2 | 1,190 | $331 | 0.3 mi |
G 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 new construction or fully renovated.
The property has undergone extensive renovations in 2025, including a fully remodeled primary bathroom, updated secondary bathroom, and all-new stainless steel appliances. With fresh exterior and interior updates such as new recessed lighting, flooring, electrical upgrades, and modern fixtures, the home meets the criteria for a recently renovated property with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7267, living area = 1364.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property features a comprehensive list of recent upgrades including new appliances, fresh exterior paint, electrical panel improvements, and modern fixtures, ensuring a turn-key experience for the buyer.
At 1,364 square feet for a three-bedroom residence, the interior living spaces and secondary bedrooms may feel small or restrictive for growing families.
While cosmetic and surface-level upgrades are plentiful, the 1993 build date suggests that major structural components or systems like the roof and HVAC may be nearing the end of their functional lifespan.
This amAZing home in a NON-HOA community features an RV GATE so bring your toys! Main Bedroom is split & features a remodeled bathroom & TWO CLOSETS! The other 2 bedrooms share an updated bathroom. You'll love the large yard & covered patio. 2025 Upgrades include: FRESH Exterior paint + block wall, NEW garage door, Updated RV gate, NEW Exterior light fixtures + doorbell, all NEW outlets + rocker switches, NEW interior blinds, NEW recessed lighting in living room, All NEW Appliances, NEW French doors to primary bedroom, Electrical upgrade in primary (separate panel for added appliances), some updated interior light fixtures, NEW faucets in Kitchen & Bathrooms, New closet doors + interior doors, & Refreshed landscaping (rock & sod). Don't wait to view it! Won't last!
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades PK-6 • 0.9 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 | 7,267 | 7,169 | 52% |
| Price | $425.0K | $277.0K | 82% |
| Price per sq ft | $312 | $181 | 94% |
| Built year | 1993 | 1984 | 76% |
| HOA | $0 | $298 | 15% |
| Days on market | 21 | 2156 | 1% |
Apr 1, 2026
$425,000
Initial Listing