
Mesa, AZ 85206
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $545,000—positioned well below the $580,697 Fair Market Value by 6%. This valuation gap offers $35,697 in Instant Equity. The property maintains a Condition Rating of 3, featuring recent updates like newer flooring and a renovated primary bath. With a 12,542 sqft lot, fenced pool, and no HOA, it offers rare flexibility. Ideally located near top-rated Franklin schools, this is a perfect acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5553 E DRUMMER Avenue Subject | $545,000* List Price | 4 | 2 | 2,148 | $270 | - |
A 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.5 mi |
B 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.5 mi |
C 1426 LEISURE WORLD -- Sold | $449,000 List Price | 3 | 2 | 2,227 | 0.5 mi | |
D 1426 LEISURE WORLD -- Sold | $426,500 List Price | 3 | 2 | 2,227 | 0.5 mi | |
E 5520 E Holmes Avenue Sold | $670,000 | 4 | 2 | 2,783 | $241 | 0.9 mi |
F 1799 LEISURE WORLD -- Sold | $599,900 | 2 | 3 | 2,168 | $277 | 0.7 mi |
G 5433 E DRUMMER Avenue Pending | $484,999 List Price | 4 | 2 | 1,920 | $253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property has been well-maintained with significant updates that make it move-in ready. Improvements include newer flooring throughout, neutral paint, and a renovated primary bathroom. The kitchen features updated stone countertops and functional appliances, placing the home's condition in the 5-15 year renovation category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12542, living area = 2148.
Elementary School: Franklin at Brimhall Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property features a massive 12,542 sqft lot equipped with a fenced pool, large RV gate, and storage sheds, offering exceptional utility and space rarely found in the area.
Built in 1985, the home may require ongoing maintenance or future capital expenditures for aging systems and infrastructure typical of a 40-year-old property.
While the elementary and junior high schools are highly rated, the local high school has a significantly lower rating, which may be a concern for families with older children.
There's a lot to love about this well-cared-for Mesa home. The interior feels fresh and inviting with newer floors, neutral paint, and an updated primary bathroom. The roomy single-level layout includes four good-sized bedrooms, a large laundry room, and comfortable living spaces that make it easy to feel right at home. The backyard is where this property really shines. Sitting on a huge lot, you'll have room for gardening, pets, outdoor projects, entertaining, or simply enjoying some extra elbow room. Raised garden beds, storage sheds, a grassy play area, and a fenced pool are already in place, giving you a great foundation to make the space your own. This is the kind of yard that offers possibilities you just don't find every day. The large RV gate adds valuable convenience for storing recreational vehicles, trailers, boats, or other toys. If you've been searching for a property with room to grow and make your own, this is it. Close to great shopping, freeway access and a great neighborhood as well. All with no HOA!!
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 1.0 mi
Grades K-6 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,148 | - |
| Lot Size | 12,542 | - |
| Price | $545.0K | $476.2K |
| Price per sq ft | $254 | $271 |
| Built year | 1985 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 2611 |
Jun 23, 2026
$545,000
Initial Listing