609 S 111TH Place, Mesa, AZ 85208, Mesa, 85208 - 3 bed, 2 bath
Loading property details...
Mesa, AZ 85208
This Updated Turnkey Residence represents a Prime Investment Opportunity, listed at $500,000—positioned well below the $523,233 Fair Market Value by 4%. This valuation gap secures $23,233 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a New HVAC (2024), 2020 Roof, and Granite Countertops throughout the open-concept layout. The outdoor oasis includes a Sparkling Pool, Built-in Bar, and Superstition Mountain Views. Located within the boundary of the 9/10 Rated Franklin Elementary, it is the perfect fit for Owner-Occupants or growing families seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 609 S 111TH Place Subject | $500,000* List Price | 3 | 2 | 1,679 | $312 | - |
A 11361 E ESCONDIDO Avenue Sold | $450,000 | 3 | 2 | 1,627 | $277 | 0.4 mi |
B 11341 E EDGEWOOD Avenue Sold | $444,400 | 3 | 2 | 1,436 | $309 | 0.4 mi |
C 11242 E EMELITA Avenue Sold | $395,000 | 3 | 2 | 1,412 | $280 | 0.4 mi |
D 10664 E FORGE Avenue Sold | $480,000 | 4 | 2 | 1,628 | $295 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1999, the property has undergone extensive renovations within the last 5 years, meeting the criteria for excellent condition. Major system updates include a new HVAC (2024), water heater and softener (2023), and a roof replacement (2020). The interior is fully modernized with new flooring, fresh paint, granite countertops in the kitchen and bathrooms, and updated light fixtures. The outdoor living space is also well-maintained with a recently serviced pool and built-in amenities, leaving no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1679.
Elementary School: Franklin Elementary School (9/10).
The property boasts significant recent upgrades including a new HVAC system (2024), a roof replacement (2020), and a new water heater and softener (2023), minimizing immediate maintenance costs for the buyer.
While the local elementary school is highly rated, the assigned middle and high schools have lower ratings (4 and 5), which may impact long-term resale value and appeal to families.
At a list price of $500,000 for under 1,700 square feet, the property is positioned at a premium price-per-square-foot for the 85208 zip code, requiring a buyer who specifically values the high-end upgrades over total living space.
Beautifully updated and truly move-in ready home, nestled in the the Parkwood community with views of the Superstition Mountains. Featuring an open-concept layout with vaulted ceilings and a desirable split floor plan, this home feels bright, spacious, and inviting. Recent upgrades include new flooring, fresh paint, modern fixtures, and granite countertops throughout. The backyard includes a stunning pool (featuring a new pool variable speed motor & pump), built-in bar with grill, spacious covered patio, beehive fire pit, and cooling misters. Major improvements provide peace of mind with a new HVAC (2024), new garage door and opener (2024), roof replaced in (2020), and a new water heater and softener (2023). Updated inside and out, this home offers style, comfort, and turnkey living.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 7.8 mi
Grades K-6 • 11.8 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 | 1,679 | 1,581 | 63% |
| Lot Size | 7,200 | 7,325 | 50% |
| Price | $500.0K | $356.5K | 88% |
| Price per sq ft | $298 | $219 | 92% |
| Built year | 1999 | 1997 | 58% |
| HOA | $47 | $99 | 34% |
| Days on market | 39 | 2280 | 1% |
Mar 14, 2026
$500,000
Initial Listing