
Mesa, AZ 85205
This Updated Single-Family Residence is a Strong Value Opportunity, listed at $499,000—positioned well below the $550,595 Fair Market Value by 9%. This valuation gap provides $51,595 in Instant Equity. Boasting a Good Condition Rating, the home features a brand-new HVAC system (2025), a private diving pool, and mountain views on a 10,806 sq. ft. lot. Located near the 9/10 rated Franklin Elementary, it balances mechanical reliability with lifestyle appeal. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking immediate upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5606 E ENROSE Street Subject | $499,000* List Price | 3 | 2 | 1,653 | $333 | - |
A 6042 E HALIFAX Street Sold | $505,000 | 3 | 2 | 1,958 | $258 | 0.9 mi |
B 5819 E ELLIS Street Sold | $418,000 | 3 | 2 | 1,672 | $250 | 0.3 mi |
C 840 N Arvada -- Sold | $549,900 | 3 | 2 | 2,003 | $275 | 0.3 mi |
D 6102 E FAIRFIELD Street Sold | $416,100 | 3 | 2 | 1,220 | $341 | 0.6 mi |
E 5322 E FOUNTAIN Street Sold | $465,000 | 4 | 2 | 1,812 | $257 | 0.5 mi |
F 5640 E ENCANTO Street Sold | $425,000 List Price | 3 | 2 | 1,759 | 0.2 mi | |
G 5552 E Enrose Street Active | $532,999 List Price | 3 | 2 | 1,493 | $357 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements, including a brand-new HVAC system and ductwork (2025), new pool pump, and fresh interior/exterior paint. While the 1988 construction is evident in the traditional style of the kitchen cabinetry and tile flooring, the home features new carpeting and updated bathroom vanities and fixtures. The major systems are new or well-maintained, placing it firmly in the 'good' category despite its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10806, living area = 1653.
Elementary School: Franklin Elementary School (9/10).
The property features a brand-new 5-ton 2-stage HVAC system with new ductwork (2025), air purification, and a whole-home water filtration system, offering significant value and peace of mind.
With 1,653 square feet of living space, the interior may feel somewhat small for buyers looking for the expansive open-concept layouts common in newer luxury builds.
Despite extensive recent updates, the 1988 construction may still possess some original architectural elements or floor plan constraints that reflect its era of build.
Located in the heart of one of Mesa's most established communities, you're positioned perfectly between urban convenience and outdoor adventure. Whether you're heading to the Salt River for a float, hitting the trails at Hawes, or commuting via nearby freeways, everything is within reach. And no stressing here, the sellers just completed a top-to-bottom AC overhaul and installed a brand-new 5-ton 2-stage HVAC system w/new ductwork (2025), air purification, and a whole-home water filtration system, so you can start living! This isn't just a corner lot; it is a setup built for hosting. The yard is massive, featuring a diving pool with a new pump (2025), an extra-long covered patio with finished ceilings, extended pavers, and 360-degree views. With the primary suite opening directly to the patio, you are living in an indoor-outdoor hybrid. Recent upgrades include fresh interior/exterior paint, new carpet, Ring security, and modern bathroom vanities/fixtures being finalized this month. Located in the popular Alta Mesa community near golf, lakes, and parks with instant access to the 202, hiking/biking trails, and A-rated Mesa schools. This is a rare find that is truly move-in ready.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 1.3 mi
Grades PK-6 • 2.9 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 | 1,653 | 1,553 | 57% |
| Lot Size | 10,806 | 7,639 | 87% |
| Price | $499.0K | $310.0K | 86% |
| Price per sq ft | $302 | $216 | 86% |
| Built year | 1988 | 1984 | 78% |
| HOA | $56 | $0 | 63% |
| Days on market | 41 | 2231 | 1% |
Mar 12, 2026
$499,000
Initial Listing