6245 E PRINCESS Drive, Mesa, AZ 85205, Mesa, 85205 - 3 bed, 2 bath
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Mesa, AZ 85205
This Value-Add Residential Asset is listed at $320,000, positioned above the $228,601 Fair Market Value. Despite the current valuation gap, the property’s Condition Rating of 5 and explicit need for "TLC" provide a significant opportunity for forced appreciation through renovation. The 7,091 sqft lot features high-demand amenities including a Private Pool, RV Gate, and Mountain Views with No HOA restrictions. Proximity to the 9/10-rated Franklin at Brimhall Elementary ensures long-term residential demand. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build equity in a high-potential Mesa neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6245 E PRINCESS Drive Subject | $320,000* List Price | 3 | 2 | 1,284 | $178 | - |
A 1616 N ALTA MESA Drive 13 Sold | $320,528 | 2 | 2 | 1,217 | $263 | 0.8 mi |
B 6522 E ELLIS Street Sold | $321,000 | 2 | 2 | 1,118 | $287 | 0.7 mi |
C 6505 E EL PASO Street Sold | $260,000 | 2 | 1 | 1,239 | $210 | 0.7 mi |
D 865 N 61ST Place Sold | $267,000 | 3 | 2 | 1,468 | $182 | 0.6 mi |
E 1937 N 67TH Street Sold | $370,000 | 3 | 2 | 1,445 | $256 | 0.9 mi |
F 6304 E FAIRFIELD Street Active | $409,900 List Price | 3 | 2 | 1,424 | $288 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old) with no evidence of modern renovations. The interior shows significant wear including heavily stained carpeting, dated linoleum flooring, and popcorn ceilings. The listing description explicitly calls for 'TLC' and 'sweat equity,' indicating the home requires a full rehab 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 = 7091, living area = 1284.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features a private pool, an RV gate, and an extra-wide side yard, offering exceptional space for storing boats, campers, and other recreational toys.
The listing explicitly states the home requires 'TLC and elbow grease,' indicating that buyers will need to budget for immediate repairs and cosmetic updates.
With only 1,284 square feet of living area for a three-bedroom layout, the interior may feel cramped compared to more modern residential footprints.
KNOCK! KNOCK! OPPORTUNITY is knocking! Home is great for first-time homebuyers w/vision, eager to make this home their own w/TLC & elbow grease. Welcome to this wonderful 3Bed, 2Ba 2G, RV gate w/pool home, located on corner in this quiet family-friendly NO HOA neighborhood near parks, schools, shopping, grocery stores, churches & outdoor activities. Coming & going enjoy Red Mountain & Superstition Mountain VIEWS. Great sweat equity. Extra wide side yard accommodates a boat, campers, quads, needed toy storage. Opportunity will vanish quickly...CARPE DIEM!! MUST VIEW home, using SUPRA lockbox, for consideration. Seller may accept an offer at anytime. Click video for DRONE & Matterport 3D Tour. Click RULER for room measurements. Multiple offers**Read Pvt Remarks prior to offer submission**
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.4 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 | 1,284 | 1,542 | 28% |
| Lot Size | 7,091 | 7,543 | 24% |
| Price | $320.0K | $310.0K | 53% |
| Price per sq ft | $249 | $216 | 61% |
| Built year | 1985 | 1984 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 2231 | 1% |
Apr 17, 2026
$320,000
Initial Listing