
Mesa, AZ 85206
This Spacious Single-Family Residence is a Prime Investment Opportunity, listed at $399,900—positioned well below the $409,480 Fair Market Value by 2%. This valuation gap offers $9,580 in Instant Equity. Featuring a 3-car garage, vaulted ceilings, and a covered patio, the home maintains a Fair Condition Rating. Located near top-rated schools like Franklin Junior High (10/10), it balances lifestyle appeal with financial stability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5648 E HOLMES Avenue Subject | $399,900* List Price | 3 | 2 | 1,836 | $223 | - |
A 5631 E HARMONY Avenue Sold | $385,000 | 4 | 2 | 2,136 | $180 | 0.0 mi |
B 1130 LEISURE WORLD -- Sold | $350,000 List Price | 2 | 2 | 1,478 | 0.9 mi | |
C 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.7 mi |
D 2503 LEISURE WORLD -- Sold | $453,000 | 3 | 2 | 1,723 | $263 | 0.7 mi |
E 5823 E HOPI Circle Pending | $384,900 List Price | 3 | 2 | 1,541 | $250 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1998, making it 28 years old. While the description notes it is well-maintained and features updated stainless steel appliances, the images reveal original 1990s-style cabinetry and laminate countertops in both the kitchen and bathrooms. Since the primary surfaces and cabinetry are over 20 years old and dated, it falls into the Fair category despite being move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7657, living area = 1836.
Elementary School: Franklin at Brimhall Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The rare inclusion of a 3-car garage at this price point provides exceptional value for storage, hobbyists, or multi-vehicle households.
The reliance on carpet in the main living areas and bedrooms may be viewed as a drawback for buyers seeking modern, low-maintenance hard surfaces.
While primary school ratings are excellent, the local high school carries a lower rating (4/10), which may concern families with older children.
Welcome home to this beautifully maintained property in a prime Mesa location! This move-in ready home features a 3-car garage and a bright, open layout designed for comfortable living and easy entertaining. As you enter, you're greeted by a spacious living and dining area with soaring vaulted ceilings that create an airy, welcoming feel throughout the home. The inviting great room flows seamlessly into the kitchen, making it perfect for gatherings with family and friends. The kitchen is well-appointed with recessed lighting, stainless steel appliances, ample cabinet space, and a convenient two-tier breakfast bar--ideal for casual meals or morning coffee. The kitchen also features durable tile flooring, while the living areas and bedrooms offer comfortable carpeted floors. Welcome home to this beautifully maintained property in a prime Mesa location! This move-in ready home features a 3-car garage and a bright, open layout designed for comfortable living and easy entertaining. As you enter, you're greeted by a spacious living and dining area with soaring vaulted ceilings that create an airy, welcoming feel throughout the home. The inviting great room flows seamlessly into the kitchen, making it perfect for gatherings with family and friends. The kitchen is well-appointed with recessed lighting, stainless steel appliances, ample cabinet space, and a convenient two-tier breakfast bar--ideal for casual meals or morning coffee. The kitchen also features durable tile flooring, while the living areas and bedrooms offer comfortable carpeted floors. Double doors lead to the spacious primary suite, complete with a private bathroom featuring dual sinks, a relaxing soaking tub, and a walk-in closet. Secondary bedrooms include sliding door closets for easy organization and functionality. Step outside to a large backyard designed for entertaining, featuring a covered patio and storage shed, providing plenty of room for weekend BBQs, gatherings, or simply relaxing outdoors.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades PK-6 • 0.9 mi
Grades K-6 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,836 | - |
| Lot Size | 7,657 | - |
| Price | $399.9K | $476.2K |
| Price per sq ft | $218 | $271 |
| Built year | 1998 | 0 |
| HOA | $164 | $0 |
| Days on market | 26 | 2611 |
Jun 27, 2026
$399,900
Initial Listing