568 N 111TH Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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568 N 111TH Street
Mesa, AZ 85207
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,068Sq Ft
9,862Lot Size
Property Price
LIST PRICE$359,900
EST. MARKET VALUE
$328,510
9% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $359,900—positioned well above the $328,510 Fair Market Value by 9%. While priced above the current estimate, the property offers a Fair Condition Rating with significant upside through its 9,862 sqft lot and garage/workshop utility. Featuring wood-look tile flooring and stainless steel appliances, the home provides a functional, move-in ready base. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a property with substantial outdoor space and no HOA fees.
Estimated Market Value
$328,510
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 111TH Street Subject 3 bd · 2 ba · 1,068 sqft · $308 | $359,900* List Price | 3 | 2 | 1,068 | $308 | - |
A 460 N 104TH Street Active 3 bd · 2 ba · 967 sqft · $371 · 0.9 mi | $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
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999 (25 years old), the property falls into the fair category due to its age and dated features. While it has received some updates like wood-look tile flooring and stainless steel appliances, the kitchen retains dated tiled countertops and shows signs of needed minor repairs, such as unfinished cabinetry and visible wall patches in the bedrooms.
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 Elementary School (9/10).
- Versatile Parking and Workshop Space
The property features both a carport and a dedicated garage/workshop with a direct entrance, providing exceptional utility for hobbyists, DIY projects, or additional storage needs.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At 1,068 square feet for a three-bedroom residence, the interior layout may feel constrained, particularly in the common living areas and secondary bedrooms.
- Average School Ratings
While the elementary school is within walking distance, the assigned junior high and high schools have average ratings (4 and 5 respectively), which may be a drawback for education-focused buyers.
About 568 N 111TH Street
Welcome to this 3-bedroom home near schools, markets, and major roads! Discover a low-maintenance front yard, a carport, and a garage/workshop with direct entrance to the residence. The interior features neutral tones, wood-look tile flooring, a fireplace, and a semi-open layout that connects the living room to the eat-in kitchen. The kitchen is designed for both functionality and style, offering generous storage, tiled countertops, and stainless steel appliances--perfect for everyday cooking. The primary suite has a walk-in closet and a private bathroom. All bedrooms have plush carpeting, while the laundry room adds convenience. The backyard is ideal for entertaining, featuring a large covered patio and plenty of space for gatherings. Move-in ready, just unpack and enjoy your new home!
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 | 1,898.592 |
| Lot Size | 9,862 | 7,745.036 |
| Price | $359.9K | $485.3K |
| Price per sq ft | $337 | $264 |
| Built year | 1999 | 1995 |
| HOA | $0 | $174 |
| Days on market | 18 | 67 |
Pricing History
Listed for Sale
Oct 6, 2026
$359,900
Initial Listing