5829 E Nance Street, Mesa, AZ 85215, Mesa, 85215 - 2 bed, 2 bath
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Mesa, AZ 85215
This Move-in Ready Townhouse is a Strong Value Opportunity, listed at $320,000—positioned above the $294,581 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 3, boasting recent capital improvements like a new HVAC and water heater. With an explicit STR Okay designation, a large corner lot, and proximity to top-rated schools like Franklin Elementary, this home offers significant versatility. It is an ideal acquisition for Buy-and-Hold Investors seeking rental yield or first-time buyers prioritizing a low-maintenance, well-located lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5829 E Nance Street Subject | $299,000* List Price | 2 | 2 | 1,022 | $252 | - |
A 2329 N RECKER Road 32 Sold | $335,000 List Price | 2 | 2 | 1,328 | 0.6 mi | |
B 5830 E MCKELLIPS Road 66 Sold | $380,000 List Price | 2 | 2 | 1,297 | 0.7 mi | |
C 2329 N Recker Road 7 Sold | $305,000 | 2 | 2 | 1,371 | $222 | 0.5 mi |
D 5830 E Mckellips Road 30 Sold | $285,000 List Price | 2 | 2 | 1,297 | 0.7 mi | |
E 6114 E AUGUSTA Circle Active | $357,500 List Price | 2 | 2 | 1,257 | $284 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985, the property is well-maintained and move-in ready. It features critical system upgrades including a newer HVAC and water heater, along with fresh interior paint. While some elements like the popcorn ceilings and bathroom fixtures are dated, the custom ceramic tile flooring and overall functional condition meet the criteria for a well-maintained home.
Elementary School: Franklin Elementary School (9/10).
The property features significant high-ticket upgrades including a new HVAC system, a new water heater, and fresh interior paint, ensuring lower immediate maintenance costs for the new owner.
With an explicit 'STR Okay' designation and a prime location near the Red Mountain area and Desert Arroyo Park, this home offers excellent potential as a high-yield short-term rental or a low-maintenance primary residence.
At just 1,022 square feet, the interior living space is relatively compact, which may be a constraint for buyers with larger furniture or those requiring more generous common areas.
Built in 1985, the property may still require additional cosmetic or structural modernizations to meet the aesthetic standards of buyers looking for contemporary finishes found in newer Mesa developments.
Move in ready 2 bedroom 2 bath split floor plan home on a large corner lot in the Loma Villa Community of Mesa $5000 seller credit! !Featuring a split floor plan offering comfort & privacy with elevated ceilings and beautifully detailed custom ceramic tile flooring.A spacious primary suite has a private patio for secluded time to unwind.Massive enclosed backyard ready for your entertaining,gardening,pets or creating your dream outdoor retreat.Enjoy low maintenance desert landscaping currently & an oversized garage with ample storage or workshop.Upgrades include HVAC system & water heater with fresh interior paint!With a Community pool & playground this home is perfect!Shopping, dining & freeway access nearby.Near Desert Arroyo Park and the Red Mountain area this is THE PRIME location! STR Okay!
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades PK-6 • 5.1 mi
Grades K-6 • 6.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,022 | 1,334.5 | 6% |
| Lot Size | 4,119 | 3,158 | 69% |
| Price | $299.0K | $0 | 63% |
| Price per sq ft | $293 | $0 | 75% |
| Built year | 1985 | 1999 | 25% |
| HOA | $60 | $200 | 19% |
| Days on market | 29 | 1735 | 6% |
May 29, 2026
$299,000
$310,000
-4% Price Drop
Initial Listing
May 25, 2026
$310,000
$320,000
-3% Price Drop
Initial Listing
May 8, 2026
$320,000
Initial Listing