8049 E JEROME Avenue, Mesa, AZ 85209, Mesa, 85209 - 3 bed, 2 bath
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Mesa, AZ 85209
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well above the $196,529 Fair Market Value by -39%. While the pricing reflects a premium, the 8,028 sq. ft. lot and No HOA status provide significant utility for value-add projects. With a Condition Rating of 5, the home requires a full rehab to modernize its 1974 layout. Proximity to Franklin at Brimhall Elementary (9/10) adds long-term appeal. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8049 E JEROME Avenue Subject | $275,000* List Price | 3 | 2 | 988 | $199 | - |
A 1242 S 80th Street Active | $339,999 List Price | 3 | 2 | 1,240 | $274 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974 (50 years old) with no evidence of major renovations in the last 30 years. The kitchen features heavily dated cabinetry and laminate countertops, popcorn ceilings are present throughout, and the exterior shows significant deferred maintenance and debris, indicating the property requires a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8028, living area = 988.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Priced at $275,000 for a three-bedroom detached home, this property represents a highly competitive entry-level price point in the Mesa market, ideal for first-time buyers or investors.
With only 988 square feet of living space distributed across three bedrooms, the interior layout may feel cramped, particularly in the common living areas and secondary bedrooms.
Constructed in 1974 and featuring older elements like wall paneling, the home likely requires modernization and cosmetic updates to meet contemporary aesthetic and efficiency standards.
A charming 3 bed, 2 bath property in Casa Mia is now for sale! Featuring a large front yard and carport parking, it's sure to be the one for you! Inside you will find a cozy living area w/elegant wood-look flooring and paneling, perfect for entertaining. The eat-in kitchen is equipped w/ample cabinetry and built-in appliances for all your home cooking needs. Enjoy a good night's sleep in the primary bedroom, boasting a private bath for added convenience. Also including a large backyard w/a convenient storage shed, this home is a true gem! Don't miss out!
No exterior & parking available.
Grades PK-6 • 2.5 mi
Grades PK-6 • 4.0 mi
Grades K-6 • 8.0 mi
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 | 988 | 1,885 | 1% |
| Lot Size | 8,028 | 6,547 | 82% |
| Price | $275.0K | $300.0K | 49% |
| Price per sq ft | $278 | $169 | 82% |
| Built year | 1974 | 1997 | 1% |
| HOA | $0 | $124 | 1% |
| Days on market | 4 | 2661 | 1% |
Jun 11, 2026
$275,000
Initial Listing