
Mesa, AZ 85215
This Single-Level Mesa Residence is listed at $400,000, representing a stable asset positioned near its $373,421 Fair Market Value. The home carries a Fair Condition Rating, featuring updated wood-look flooring and a versatile enclosed sunroom. Key lifestyle highlights include a mountain view, a custom covered patio, and proximity to the 9/10 rated Franklin Elementary School and Red Mountain High. Currently rented until January 2027, this property offers predictable income in a high-demand area. It is perfectly suited for Long-Term Investors or Patient Owner-Occupants looking to secure a quality home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6120 E AUGUSTA Circle Subject | $400,000* List Price | 2 | 2 | 1,185 | $315 | - |
A 5761 E Leonora Street Sold | $475,000 List Price | 2 | 2 | 1,461 | 0.5 mi | |
B 2642 N SERICIN Circle Pending | $325,000 List Price | 3 | 2 | 1,288 | $252 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is well-maintained but shows its age. While the flooring has been updated to modern wood-look planks and the interior paint is fresh, the kitchen features older white cabinetry and appliances. The architectural details, such as the wood ceiling beams and window trims, are dated, placing it firmly in the 'fair' category as an aged home with partial updates rather than a full renovation.
Elementary School: Franklin Elementary School (9/10).
Situated on a quiet cul-de-sac within the Camelot Golf Club Estates, the property offers desirable mountain views and a peaceful residential setting.
The inclusion of an enclosed sunroom provides valuable additional square footage that can serve as a home office, den, or secondary lounge, complementing the functional single-level layout.
The property is currently rented until January 2027, which presents a significant barrier for owner-occupant buyers looking for immediate or near-term residency.
With a monthly rent of $1,700 against a $400,000 list price and a $240 HOA fee, the current yield may be considered low for investors seeking high cash flow.
Single level two bedroom two bathroom home with 1,185 square feet on a quiet cul de sac lot in Mesa. The layout includes multiple defined living spaces with a central living room plus an enclosed sun room that adds flexible use as a den, office, or secondary lounge. Kitchen connects to a dining area and breakfast nook. Washer and dryer included. Primary bedroom offers a walk in closet and private bath. Two car garage provides storage and parking. Large yard with custom covered patio designed for outdoor living. Close to shopping, dining, parks, and major routes within about three miles. Pets allowed. Currently being rented for $1,700 lease expires in January 2027.
No exterior & parking available.
Grades PK-6 • 1.8 mi
Grades PK-6 • 4.9 mi
Grades K-6 • 6.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,185 | 1,891 | 3% |
| Lot Size | 3,923 | 7,338.5 | 3% |
| Price | $400.0K | $424.0K | 49% |
| Price per sq ft | $338 | $225 | 94% |
| Built year | 1981 | 1994 | 9% |
| HOA | $240 | $115 | 54% |
| Days on market | 78 | 2148 | 1% |
Feb 3, 2026
$400,000
Initial Listing