7231 E FAIRVIEW Avenue, Mesa, AZ 85208, Mesa, 85208 - 5 bed, 3 bath
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Mesa, AZ 85208
This Spacious Updated Residence is a Strong Value Opportunity, listed at $570,000—positioned well below the $608,435 Fair Market Value by 6%. This valuation gap provides $38,435 in Instant Equity. Boasting an Excellent Condition Rating, the home features a rare 2.875% VA assumable loan, a private pool, and a remodeled primary suite. Backing directly to a park with no rear neighbors, it offers a premium lifestyle. This is an exceptional acquisition for Owner-Occupants or Value-Driven Buyers seeking a move-in-ready sanctuary with significant financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7231 E FAIRVIEW Avenue Subject | $570,000* List Price | 5 | 3 | 2,553 | $238 | - |
A 729 S EDGEWATER Drive Active | $459,900 List Price | 3 | 3 | 2,342 | $196 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations within the last 1-2 years, including a fully remodeled primary bathroom (2025), new vinyl plank flooring (2025), two new A/C units (2024), fresh exterior paint (2024), and new windows (2023). These significant capital improvements to major systems and interior finishes, combined with a well-maintained kitchen and outdoor pool area, meet the criteria for excellent condition.
The property features a VA assumable loan at a 2.875% interest rate, providing a rare and significant financial advantage for qualified buyers in the current interest rate environment.
With two new A/C units (2024), new vinyl plank flooring (2025), a fully remodeled primary bathroom (2025), and fresh exterior paint, the home offers peace of mind and reduced immediate maintenance costs.
Backing directly to a park with no rear neighbors, the property offers superior privacy and an enhanced outdoor living experience complemented by a private pool and gazebo.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While many systems are updated, the 1993 construction may still harbor original components in less visible areas, such as plumbing or insulation, that do not meet modern energy efficiency standards.
Configuring five bedrooms and a loft within 2,553 square feet may result in smaller individual room sizes, which could be a constraint for buyers seeking more expansive secondary bedrooms.
VA 2.875% may be assumable! Welcome to this spacious 2,553 sq ft home offering the perfect blend of functionality, comfort, and outdoor living. With 5 bedrooms, a loft, and 3 full bathrooms, this layout offers flexibility for today's lifestyle. Downstairs features 1 bedroom and full bathroom, ideal for guests, a home office, or multi-generational living. The open living spaces flow into the kitchen, which has been updated with updated countertops and enjoys abundant natural light from new south-facing windows ('23). Upstairs you'll find a versatile loft space along with the bedrooms The spacious primary suite features a beautifully fully remodeled bathroom ('25), designed with modern finishes and a spa-like feel. Step outside to your private backyard retreat featuring a pool, updated decking, pavers, and gazebo -- perfect for relaxing or entertaining. With no rear neighbors and a park directly behind the home, you'll enjoy the extra privacy. Additional upgrades include two new A/C units ('24), new vinyl plank flooring ('25), newer garage doors on the 3-car garage ('24), and fresh exterior paint ('24), giving you peace of mind and move-in ready appeal. Conveniently located near shopping, dining, and everyday amenities, the home also offers easy freeway access, making commuting and running errands simple while still enjoying the privacy of a home backing to a park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,553 | 1,581 | 94% |
| Lot Size | 7,336 | 7,336 | 50% |
| Price | $570.0K | $356.5K | 96% |
| Price per sq ft | $223 | $219 | 53% |
| Built year | 1993 | 1997 | 45% |
| HOA | $209 | $100 | 80% |
| Days on market | 39 | 2280 | 1% |
Mar 14, 2026
$570,000
Initial Listing