568 N 111 Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
Loading property details...
568 N 111 Street
Mesa, AZ 85207
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,068Sq Ft
9,862Lot Size
Property Price
LIST PRICE$370,000
EST. MARKET VALUE
$349,066
5% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $380,000—positioned well above the $363,329 Fair Market Value by -4%. Featuring a Condition Rating of 3, the home offers modern upgrades like a newer A/C and wood-look tile. The expansive 9,862 sqft lot provides rare RV parking and no HOA, while proximity to top-rated schools like Sousa Elementary adds long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, move-in ready home.
Estimated Market Value
$349,066
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 568 N 111 Street Subject | $370,000* List Price | 3 | 2 | 1,068 | $327 | - |
A 460 N 104TH Street Active | $359,000 List Price | 3 | 2 | 967 | $371 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1999, the home is well-maintained and features key updates including a newer HVAC system and modern wood-look tile flooring. While the kitchen retains dated tile countertops, the addition of stainless steel appliances and the overall condition of the systems and finishes make it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9862, living area = 1068.
- Great Schools
Elementary School: Franklin at Brimhall Elementary School (9/10).
- Recent Capital Improvements
The property features significant upgrades including a newer A/C unit, updated flooring, and a custom-built carport, offering immediate value and reduced maintenance concerns for the buyer.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,068 square feet for a 3-bedroom configuration, the interior layout may feel small or cramped compared to other single-family residences in the same price bracket.
- Market Stagnation
With 48 days on the market and a recent price reduction, the property is experiencing slower-than-average absorption, which may impact its perceived market value.
About 568 N 111 Street
This beautifully updated 3-bedroom, 2-bath home features numerous improvements, including updated flooring, a newer A/C unit, a custom-built covered carport, and a covered backyard patio. Inside, you'll find an inviting open-concept layout filled with natural light, neutral finishes, and a cozy fireplace that anchors the spacious living area. The kitchen and dining area offer ample cabinetry and a functional layout perfect for everyday living and entertaining. Outside, enjoy low-maintenance artificial turf, gravel landscaping, a dedicated play area, and a large backyard with plenty of room for RV parking, trailers, toys, and more. Conveniently located near schools, shopping, dining, and commuter routes, this move-in ready home offers comfort and functionality.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 9,862 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mesa Unified Schools
Sousa Elementary School
Grades PK-6 • 0.1 mi
6/10
Franklin at Brimhall Elementary School
Grades PK-6 • 8.0 mi
9/10
Franklin Elementary School
Grades K-6 • 11.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,068 | 1,890.26 |
| Lot Size | 9,862 | 7,798.376 |
| Price | $370.0K | $485.4K |
| Price per sq ft | $346 | $264 |
| Built year | 1999 | 1994 |
| HOA | $0 | $174 |
| Days on market | 94 | 69 |
Pricing History
Listed for Sale
Aug 5, 2026
$370,000
$380,000
-3% Price Drop
Initial Listing
Price Change
Jul 14, 2026
$380,000
$390,000
-3% Price Drop
Initial Listing
Price Change
Jun 7, 2026
$390,000
Initial Listing