
Mesa, AZ 85201
This renovated single-family residence is a Strong Value Opportunity, listed at $415,000—positioned well below the $456,634 Fair Market Value by 9%. This valuation gap provides $41,634 in Instant Equity. Boasting an Excellent Condition Rating, the home features a comprehensive 2025 plumbing and flooring overhaul, a modern kitchen, and proximity to the 9/10 rated Franklin Elementary School. The spacious corner lot includes an RV gate and patio, offering rare lifestyle flexibility without HOA restrictions in a prime West Mesa location. This is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 557 N STANDAGE -- Subject | $415,000* List Price | 4 | 2 | 1,482 | $308 | - |
A 1561 W 5TH Street Sold | $450,000 | 3 | 2 | 1,415 | $318 | 0.3 mi |
B 1755 W AUBURN Street Sold | $395,000 | 3 | 2 | 1,275 | $310 | 0.7 mi |
C 315 N CHERRY -- Sold | $330,000 | 3 | 2 | 1,034 | $319 | 0.9 mi |
D 605 N SAGUARO -- Active | $419,900 List Price | 4 | 2 | 1,451 | $289 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies as excellent due to extensive recent renovations that meet current quality standards. Major systems including the roof, windows, and kitchen were updated in 2018, followed by a new electrical panel in 2021, and a comprehensive plumbing, bathroom, and flooring overhaul completed in 2025. The interior showcases modern aesthetics with white shaker cabinets, stone countertops, contemporary gold-tone hardware, and updated light fixtures/ceiling fans throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9278, living area = 1482.
Elementary School: Franklin Elementary School (9/10).
The property boasts significant capital improvements, including a 2025 full plumbing, bathroom, and flooring upgrade, a 2021 electrical panel, and a newer roof and windows from 2018, ensuring major systems are modernized.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1482, other record living area = 1448.
The assigned middle and high schools carry low performance ratings (3/10), which may be a concern for families prioritizing immediate access to high-performing educational institutions.
While the interior is move-in ready, the backyard is currently a 'blank canvas' that will require additional time and financial investment from the buyer to landscape and make functional.
Move-in ready in West Mesa! This updated 4 bed, 2 bath, 1,448 sq ft home on a spacious corner lot is ready for its next chapter. No HOA means full flexibility to make it your own. Nearly every major system has been addressed: kitchen, windows, roof all in 2018 or newer; electrical panel in 2021; plus a FULL plumbing, bathroom, and flooring upgrade completed in 2025. The flexible 4th bedroom works as an office, craft room, or home gym--whatever fits your lifestyle. Out front, low-water landscaping keeps maintenance and costs down. Out back, the corner lot offers multiple access points, an RV gate/parking, a permitted storage shed addition, and a blank-canvas yard with a professional landscape design available for buyer reference. Minutes from the 101 and 202 freeways, Riverview and Tempe Marketplace shopping, light rail, and Cubs' stadium, this home provides the perfect launch pad and landing zone for an active life! The only thing left to do is move in.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 2.1 mi
Grades K-6 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,482 | 1,579.5 | 41% |
| Lot Size | 9,278 | 8,054 | 62% |
| Price | $415.0K | $240.0K | 81% |
| Price per sq ft | $280 | $191 | 72% |
| Built year | 1958 | 1963 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 2324 | 2% |
Apr 1, 2026
$415,000
Initial Listing