
Mesa, AZ 85207
This Spacious Traditional Family Home is listed at $500,000, positioned accurately at its $500,000 Fair Market Value. While currently holding a Fair Condition Rating, the residence offers a functional 2,184 sqft layout with a farmhouse sink and stainless appliances, providing a solid foundation for cosmetic updates. The property is distinguished by its 8,756 sqft lot, no HOA restrictions, and access to the 9/10 rated Franklin Elementary School and Red Mountain High. This is a balanced opportunity for Owner-Occupants seeking a customizable sanctuary or Buy-and-Hold Investors targeting a stable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7436 E HANNIBAL Street Subject | $500,000* List Price | 4 | 3 | 2,184 | $229 | - |
A 1358 N RAVEN -- Sold | $465,000 | 3 | 3 | 1,766 | $263 | 0.3 mi |
B 1638 N AVOCA -- Sold | $522,500 | 3 | 3 | 2,184 | $239 | 0.1 mi |
C 7341 E GLENCOVE Street Sold | $430,000 List Price | 4 | 3 | 2,264 | 0.4 mi | |
D 1245 N Raven -- Active Under Contract | $510,000 List Price | 4 | 2 | 2,244 | $227 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, this property is well-maintained but reflects its 30-year age. While the kitchen has received some updates including a farmhouse sink, butcher block countertops, and stainless steel appliances, the overall aesthetic and cabinetry remain dated. The home features a mix of large-format tile and standard carpeting that shows some wear. It meets the 'fair' criteria as a functional, lived-in home that requires cosmetic modernization and minor updates to align with contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8756, living area = 2184.
Elementary School: Franklin Elementary School (9/10).
The property features a generous 8,756 sqft lot with an oversized covered patio and ample room for a pool or sport court, offering significant potential for outdoor entertainment and customization.
Built in 1994, the home likely requires cosmetic updates and modernization to align with contemporary design preferences, as suggested by the 'make it your own' description.
The recent price reduction and emphasis on being a 'solid' home may indicate the property has faced challenges with market competition or initial pricing strategies.
Reduced! Great solid home and a great price. This family home has a great floorpan. Lrg front living room area and formal dining. Nice functional kitchen, farmhouse sink and stainless fridge with rm for banquette table. Very spacious family room off kitchen area with double patio doors. Downstairs half bath room with extra storage and large laundry area, Upstairs you will find all the bedrooms and hall bath. Primary suite includes a large bathroom, garden tub, shower and large walk in closet. This backyard boast an oversized covered patio and this yard has room for a pool, sport court and garden area. Nice quiet neighborhood close to a park, schools and shopping. Short distance to lakes or the river for recreation. Come and check out this solid family home. Make it your own!
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 4.8 mi
Grades K-6 • 7.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,184 | 2,108 | 56% |
| Lot Size | 8,756 | 9,283 | 46% |
| Price | $500.0K | $375.0K | 63% |
| Price per sq ft | $229 | $245 | 45% |
| Built year | 1994 | 2000 | 24% |
| HOA | $0 | $120 | 31% |
| Days on market | 282 | 2431 | 23% |
Jul 15, 2025
$500,000
Initial Listing