
Mesa, AZ 85201
This Renovated Single-Family Residence is a Prime Investment Opportunity, listed at $419,900—positioned well below the $737,762 Fair Market Value by 43%. This massive valuation gap offers $317,862 in Instant Equity for the buyer. The property boasts a Move-in-Ready Condition Rating following extensive updates, including wood-look flooring, a modernized kitchen, and a covered patio. Situated near the 9/10 rated Franklin Elementary with No HOA, it balances significant financial upside with lifestyle comfort. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 605 N SAGUARO -- Subject | $419,900* List Price | 4 | 2 | 1,451 | $508 | - |
A 1755 W AUBURN Street Sold | $395,000 | 3 | 2 | 1,275 | $310 | 0.6 mi |
B 1561 W 5TH Street Sold | $450,000 | 3 | 2 | 1,415 | $318 | 0.2 mi |
C 1755 W Auburn Street Sold | $395,000 | 3 | 2 | 1,268 | $312 | 0.6 mi |
D 2064 W CAMINO Circle Sold | $411,500 | 3 | 2 | 1,213 | $339 | 0.5 mi |
E 2106 W DEVONSHIRE Street Active Under Contract | $487,000 List Price | 4 | 2 | 1,416 | $344 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the property has undergone an extensive recent renovation. The interior features new wood-look flooring, fresh neutral paint, updated baseboards, and modern doors and hardware. The kitchen is modernized with stainless steel appliances and updated cabinetry, while the bathrooms and bedrooms show no signs of deferred maintenance. The property meets current quality standards and is in move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7222, living area = 1451.
Elementary School: Franklin Elementary School (9/10).
The property is located in a community with no Homeowners Association, offering owners greater freedom and eliminating monthly association costs.
The assigned junior high and high schools have lower performance ratings, which may be a drawback for families prioritizing top-tier educational districts.
Built in 1961, the property may have aging systems or structural elements that require more frequent maintenance compared to newer builds.
This charming 4-bedroom home is the one for you! Explore the inviting interior perfect for entertaining and relaxation, featuring wood-look floors, abundant natural light, and neutral paint that complements any decor style. The pristine kitchen awaits you, displaying ample cabinetry, tile backsplash, plenty of counter space, and stainless steel appliances. 4 spacious bedrooms for you and your family, with 2 spacious bathrooms for convenience. Gather with your loved ones in the backyard, including a covered patio perfect for morning coffee and peaceful evenings, an easy-care landscape, and a storage shed for added organization. No HOA! Don't miss it!
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades K-6 • 2.4 mi
Grades K-6 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,451 | 1,579.5 | 41% |
| Lot Size | 7,222 | 7,944.5 | 29% |
| Price | $419.9K | $240.0K | 83% |
| Price per sq ft | $289 | $191 | 78% |
| Built year | 1961 | 1963 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 2324 | 2% |
Mar 4, 2026
$419,900
Initial Listing