7114 E Olla Avenue, Mesa, AZ 85212, Mesa, 85212 - 4 bed, 3 bath
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Mesa, AZ 85212
This Move-in Ready Single Family Residence is a Prime Investment Opportunity, listed at $529,500—positioned well below the $542,822 Fair Market Value by 2%. This valuation gap offers $13,322 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this home includes a private pool, gas cooktop, and a versatile split floor plan. Located in the desirable Morrison Ranch community with access to top-rated Gilbert Schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7114 E Olla Avenue Subject | $519,900* List Price | 4 | 3 | 1,826 | $294 | - |
A 6837 E PERALTA Circle Sold | $424,900 | 3 | 2 | 1,712 | $248 | 0.5 mi |
B 2950 S Mesita -- Sold | $450,000 | 3 | 2 | 1,438 | $313 | 0.8 mi |
C 7716 E POSADA Avenue Sold | $515,000 | 3 | 2 | 2,089 | $247 | 0.8 mi |
D 7456 E Olla Avenue Pending | $515,000 List Price | 4 | 2 | 1,859 | $277 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this 10-year-old home is in mint condition and features recent maintenance including fresh interior paint and newer carpet. The property is described as turnkey and move-in ready with modern systems, a gas cooktop kitchen, and a well-maintained private pool.
Built in 2016, this move-in ready home features fresh interior paint, newer carpet, and a private pool, offering immediate occupancy and summer-ready outdoor living without the need for renovations.
The 4-bedroom, 3-bath layout includes vaulted ceilings and a split design that provides excellent privacy for guests or a home office, maximizing the functionality of the 1,826 square feet of living space.
Located in the highly desirable Desert Place at Morrison Ranch, the property offers access to premium community amenities, top-rated Gilbert schools, and convenient freeway access.
The 5,750 square foot lot is relatively small for a 4-bedroom home with a pool, which may limit additional backyard space for gardening, play, or privacy from neighbors.
The $320 association fee adds to the monthly carrying costs, and the master-planned community setting typically involves strict architectural guidelines and maintenance regulations.
Move-in ready single level home in Desert Place at Morrison Ranch featuring 4 bdrs, 3 baths, with an open great room concept and vaulted ceilings that create a bright and spacious feel. Thoughtfully designed split floor plan offers flexible space ideal for guests, multigenerational living, or a home office. Kitchen features a gas cooktop and opens to the main living areas, perfect for everyday living and entertaining. Fresh interior paint and newer carpet add to the turnkey appeal. Enjoy your private pool just in time for summer. Community amenities include large green spaces, playgrounds, basketball and sand volleyball courts. Convenient location near shopping, dining, freeway access, and Gilbert Schools. All appliances included.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,826 | 2,234 | 19% |
| Lot Size | 5,750 | 7,204.5 | 19% |
| Price | $519.9K | $486.5K | 59% |
| Price per sq ft | $285 | $228 | 86% |
| Built year | 2016 | 2013 | 64% |
| HOA | $320 | $123 | 92% |
| Days on market | 33 | 2185 | 1% |
Jun 9, 2026
$519,900
$524,900
-1% Price Drop
Initial Listing
Jun 5, 2026
$524,900
$529,500
-1% Price Drop
Initial Listing
May 12, 2026
$529,500
Initial Listing