6050 E PRINCESS Drive, Mesa, AZ 85205, Mesa, 85205 - 3 bed, 2 bath
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Mesa, AZ 85205
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $425,000—positioned slightly above the $410,826 Fair Market Value by -3%. While requiring cosmetic updates, the home maintains a Condition Rating of 4, offering a solid foundation for value-add improvements. The expansive 11,462 sqft lot and absence of an HOA provide rare flexibility for expansion or RV storage. Located near Top-Rated Schools like Franklin at Brimhall, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6050 E PRINCESS Drive Subject | $425,000* List Price | 3 | 2 | 1,593 | $258 | - |
A 1913 N 66TH Street Sold | $513,000 | 3 | 2 | 1,866 | $275 | 0.9 mi |
B 6042 E HALIFAX Street Sold | $505,000 | 3 | 2 | 1,958 | $258 | 0.1 mi |
C 6420 E JENSEN Street Sold | $415,000 | 3 | 2 | 1,510 | $275 | 0.7 mi |
D 6102 E FAIRFIELD Street Sold | $416,100 | 3 | 2 | 1,220 | $341 | 0.5 mi |
E 5819 E ELLIS Street Sold | $418,000 | 3 | 2 | 1,672 | $250 | 0.8 mi |
F 5640 E ENCANTO Street Sold | $425,000 List Price | 3 | 2 | 1,759 | 0.7 mi | |
G 6140 E HOBART Street Active | $468,000 List Price | 3 | 2 | 1,638 | $286 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (40+ years old), the home is well-maintained and move-in ready but significantly dated. The kitchen features original-style cabinetry, laminate countertops, and a fluorescent light box, while the interior shows popcorn ceilings and older fixtures. It lacks the structural defects of a 'poor' rating but requires comprehensive cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11462, living area = 1593.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The expansive 11,462 sqft lot combined with the absence of an HOA offers rare flexibility for RV parking, gardening, or future property expansion without restrictive covenants.
While well-maintained, the home is described as a 'canvas' for personal touches, suggesting that the interior finishes may be dated and require additional investment to modernize.
Built in 1981, the home may soon require capital improvements for aging major systems, such as the roof or HVAC, which are common considerations for properties of this vintage.
Well-maintained block home with a large yard and no HOA! This clean, move-in ready property offers a fantastic opportunity for buyers to add their own personal touches and updates over time. Solid block construction provides durability and energy efficiency, while the spacious yard offers endless possibilities for entertaining, gardening, RV parking, or future expansion. Pride of ownership shows throughout, making this home the perfect canvas to create your dream space.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 1.6 mi
Grades PK-6 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,593 | 1,602 | 49% |
| Lot Size | 11,462 | 7,540 | 89% |
| Price | $425.0K | $295.0K | 77% |
| Price per sq ft | $267 | $208 | 71% |
| Built year | 1981 | 1984 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 2285 | 1% |
Jun 1, 2026
$425,000
Initial Listing