7934 E COVINA Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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Mesa, AZ 85207
This Value-Driven Residential Property is a High-Potential Investment Opportunity, listed at $437,000—positioned well below the $488,731 Fair Market Value by 10%. This valuation gap offers $51,731 in Instant Equity. The home maintains a Move-In Ready Condition Rating and features a New Roof, New Garage Door, and a Covered Patio with NO HOA restrictions. Located near the 9/10 rated Franklin Elementary, it is a perfect match for Owner-Occupants or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7934 E COVINA Street Subject | $429,000* List Price | 3 | 2 | 1,428 | $255 | - |
A 7734 E CABALLERO Circle Sold | $460,000 | 3 | 2 | 1,374 | $335 | 0.3 mi |
B 7702 E DECATUR Street Sold | $445,000 | 3 | 2 | 1,452 | $306 | 0.3 mi |
C 7702 E DECATUR Street Sold | $445,000 | 3 | 2 | 1,452 | $306 | 0.3 mi |
D 8310 E UNIVERSITY Drive Sold | $334,900 | 3 | 2 | 1,440 | $233 | 0.5 mi |
E 8310 E UNIVERSITY Drive Sold | $334,900 | 3 | 2 | 1,330 | $252 | 0.5 mi |
F 8111 E DES MOINES Street E Active | $430,000 List Price | 3 | 2 | 1,508 | $285 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and move-in ready, benefiting from a brand-new roof and garage door. However, it is 26 years old and the interior remains largely in its original 1990s state, featuring dated oak cabinetry, white appliances, and fluorescent box lighting in the kitchen. While functional and clean, the lack of modern interior renovations aligns with the fair condition criteria for homes of this age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7902, living area = 1428.
Elementary School: Franklin Elementary School (9/10).
The absence of a Homeowners Association offers homeowners significant freedom regarding property use and eliminates monthly association dues, enhancing long-term affordability.
The closest assigned elementary and junior high schools have lower performance ratings (3 and 5), which may impact the property's appeal to education-focused families.
Built in 1998, the home may require cosmetic modernization or interior updates to align with current contemporary design trends and buyer expectations.
This single level home has 3-bedrooms, 2-baths and a 2-car garage with storage cabinets. NO HOA. Well maintained and move in ready. Close to the 202 and 60 freeways. Spacious Family room. Dine in kitchen & breakfast bar. Walk in pantry. Extended laundry room that provides added storage. Main suite is large with an attached bathroom that features dual sinks, walk in shower and a walk-in closet. Back yard feels private with mature trees, natural grass, covered patio and a beautiful large storage shed. New Garage Door. The New Roof is a huge plus.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades PK-6 • 4.4 mi
Grades K-6 • 7.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,428 | 2,106 | 16% |
| Lot Size | 7,902 | 9,283 | 36% |
| Price | $429.0K | $375.0K | 55% |
| Price per sq ft | $300 | $246 | 72% |
| Built year | 1998 | 2000 | 34% |
| HOA | $0 | $120 | 31% |
| Days on market | 68 | 2430 | 1% |
Apr 17, 2026
$429,000
$437,000
-2% Price Drop
Initial Listing
Feb 13, 2026
$437,000
Initial Listing