5641 E GREENWAY Street, Mesa, AZ 85205, Mesa, 85205 - 5 bed, 3 bath
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Mesa, AZ 85205
This Spacious Tri-Level Residence represents a High-Potential Investment Opportunity, listed at $540,000—positioned well above the $473,560 Fair Market Value by -14%. While the list price exceeds current estimates, the property features a Condition Rating of 4, a New Roof, and a massive 10,679 sqft corner lot with a fenced-in pool. Located near top-rated schools like Franklin at Brimhall, this home offers significant upside for those willing to modernize the interior. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5641 E GREENWAY Street Subject | $540,000* List Price | 5 | 3 | 2,500 | $189 | - |
A 5255 E GREENWAY Circle Sold | $560,000 | 5 | 3 | 2,603 | $215 | 0.4 mi |
B 957 N SALEM Circle Sold | $565,000 | 4 | 3 | 2,770 | $204 | 0.5 mi |
C 840 N Arvada -- Sold | $549,900 | 3 | 2 | 2,003 | $275 | 0.5 mi |
D 957 N SALEM Circle Sold | $565,000 | 4 | 3 | 2,770 | $204 | 0.5 mi |
E 6064 E INGRAM Street Sold | $455,000 List Price | 5 | 3 | 2,205 | 0.9 mi | |
F 1116 N AMBROSIA -- Active | $585,000 List Price | 3 | 3 | 2,188 | $267 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, the property is over 30 years old. While it features a new roof and at least one modern bathroom renovation, the listing description 'make this your dream home' and the unlandscaped yard suggest other areas remain dated and require updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10679, living area = 2500.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The oversized 10,679 sqft corner lot offers enhanced privacy with only one adjacent neighbor, complemented by a 3-car garage and an RV gate.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 2187.
The listing suggests the home is priced to allow for customization, indicating that buyers may need to budget for modernizing interiors and finishes.
The tri-level architectural style may be less desirable for buyers seeking a traditional open-concept flow or those with mobility preferences due to multiple staircases.
Gorgeous corner lot in the charming Alta Mesa Community. Priced to affordably make this your dream home. 5 bedroom, 3 full bathrooms, tri-level, offers lot of extra space. Oversized corner lot offers privacy with neighbor on one side only. RV Gate, 3 car garage, large yard, and fenced in pool. New Roof.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 1.0 mi
Grades PK-6 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,500 | 1,596.5 | 87% |
| Lot Size | 10,679 | 7,525 | 88% |
| Price | $540.0K | $282.5K | 90% |
| Price per sq ft | $216 | $204 | 56% |
| Built year | 1990 | 1984 | 85% |
| HOA | $67 | $0 | 69% |
| Days on market | 36 | 2309 | 1% |
May 11, 2026
$540,000
Initial Listing