
Mesa, AZ 85208
This Versatile Single-Family Residence is a High-Potential Investment Opportunity, listed at $435,000—positioned well below the $517,079 Fair Market Value by 15%. This significant valuation gap offers $82,079 in Instant Equity. The property maintains a Fair Condition Rating and features a recent interior refresh with new paint, new carpets, and a private patio. Its functional split floor plan and prime location near the US60 provide both lifestyle convenience and strong rental demand. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7539 E FARMDALE Avenue Subject | $435,000* List Price | 3 | 2 | 1,549 | $334 | - |
A 1051 S FLORENCE Drive Sold | $389,996 List Price | 2 | 2 | 1,784 | 0.6 mi | |
B 905 S 78TH Street Sold | $430,000 | 2 | 2 | 1,513 | $284 | 0.4 mi |
C 7920 E FRITO Drive Sold | $349,000 List Price | 2 | 2 | 1,308 | 0.5 mi | |
D 1106 S 82ND Way Sold | $345,000 List Price | 2 | 2 | 1,399 | 0.9 mi | |
E 7428 E Forge Avenue Pending | $425,000 List Price | 3 | 2 | 1,549 | $274 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, this 29-year-old property fits the 'fair' criteria for homes aged 25-40 years that have maintained functionality through regular upkeep rather than extensive renovation. While the home has received a recent cosmetic refresh—including new interior paint, new carpets, and a new water heater—the core components like the bathroom cabinetry remain dated. The property is move-in ready and well-maintained, but it lacks the comprehensive modern updates required for a 'good' or 'excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7157, living area = 1549.
The property features new interior paint, new carpeting, and a new hot water heater, providing a move-in-ready experience and reducing immediate maintenance costs for the buyer.
The desirable split-bedroom layout maximizes privacy and functionality, a highly sought-after feature for families and those seeking a versatile living arrangement.
With a build date of 1995, original components such as the roof or HVAC system may be nearing the end of their typical life cycle, potentially requiring significant future capital expenditure.
Having recently served as an income-producing rental, the property may lack the high-end custom upgrades or meticulous detail often found in long-term owner-occupied residences.
Beautifully maintained 3 bedroom, 2 bathroom home featuring a desirable split floor plan that offers privacy and functionality. The interior was recently refreshed with new interior paint, new hot water heater, new carpets, and light upgrades throughout. Enjoy the professionally designed low-maintenance landscaping, perfect for easy upkeep while providing attractive curb appeal. This great location offers convenient access to shopping, dining, and the US60. This versatile property is an ideal primary residence, or investment property, as it was most recently used as an income producing rental. A wonderful opportunity to own a well-cared-for home in a highly convenient location.
No exterior & parking available.
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 | 1,549 | 1,579 | 44% |
| Lot Size | 7,157 | 7,325 | 50% |
| Price | $435.0K | $356.5K | 79% |
| Price per sq ft | $281 | $219 | 83% |
| Built year | 1995 | 1997 | 48% |
| HOA | $209 | $100 | 80% |
| Days on market | 41 | 2280 | 1% |
Mar 12, 2026
$435,000
Initial Listing