
Mesa, AZ 85203
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $560,000—positioned above the $542,652 Fair Market Value by 3%. While priced slightly above market, the property offers significant value through its 13,412 sqft corner lot and No HOA status. Featuring a Condition Rating of 4, the home includes recent capital improvements like a 2023 roof and 2024 pool pump. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a customizable property with substantial outdoor living potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 562 E HACKAMORE Street Subject | $560,000* List Price | 4 | 2 | 1,950 | $278 | - |
A 1310 N LESUEUR -- Sold | $485,000 List Price | 3 | 2 | 1,579 | 0.2 mi | |
B 829 E 9TH Place Sold | $435,000 | 3 | 2 | 1,789 | $243 | 0.8 mi |
C 1639 N DRESDEN -- Pending | $549,000 List Price | 4 | 2 | 2,049 | $268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The home is 40 years old and, while it features excellent recent system updates including a new roof (2023) and water heater (2026), the interior remains dated. The kitchen shows original painted cabinetry and 1980s-style tile countertops with a missing over-the-range appliance, and the flooring is a mix of older tile and laminate. It is functional and well-maintained but requires cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13412, living area = 1950.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features significant recent upgrades including a new roof (2023), a new pool pump (2024), and a new water heater, significantly reducing immediate maintenance costs for the buyer.
The primary assigned public schools for this address currently hold low performance ratings, which may be a concern for families prioritizing education.
While well-maintained, the 1984 construction and lack of mentioned kitchen or bathroom remodels suggest that some interior finishes may require updating to meet modern luxury standards.
Custom Home Community/No HOA Large corner lot with a Beautifully well kept 3+ bedroom 2 bathroom home with sparking pool in the High Meadows subdivision. Vaulted ceilings, eat in kitchen, tile and wood laminate floors throughout, RV Gate & parking for all of your toys with pool, wood burning fireplace, plantation shutters, storage shed. New roof in 2023, new pool filter system installed 2021. New pool pump installed 2024. New water hearer installed 2026. Landscaped yard includes grass area, raised garden beds, orange tree and champagne grape vine. Short distance to Cubs park, close to shopping and freeways.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades PK-6 • 1.6 mi
Grades K-6 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,950 | 2,164.5 | 45% |
| Lot Size | 13,412 | 10,318 | 71% |
| Price | $560.0K | $399.0K | 79% |
| Price per sq ft | $287 | $202 | 82% |
| Built year | 1984 | 1984 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 2320 | 3% |
Jun 5, 2026
$560,000
Initial Listing