
Mesa, AZ 85208
This Renovated Single-Level Residence is a High-Potential Investment Opportunity, listed at $409,000—positioned well below the $608,767 Fair Market Value by 32%. This substantial valuation gap offers $199,767 in Instant Equity. Featuring a Condition Rating of 2, the interior shines with 9-foot ceilings, white shaker cabinets, and stainless appliances. The property sits on a large lot with no HOA and provides access to the prestigious Franklin Elementary (9/10). This is a premier 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 |
|---|---|---|---|---|---|---|
★ 8114 E 4TH Avenue Subject | $408,500* List Price | 4 | 3 | 1,796 | $240 | - |
A 8110 E 4th Avenue Sold | $365,000 | 3 | 2 | 1,427 | $256 | 0.0 mi |
B 8110 E 4TH Avenue Sold | $365,000 | 3 | 2 | 1,401 | $261 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1960, the property has undergone an extensive and high-quality renovation within the last 5 years, bringing it to modern standards. The kitchen is fully updated with white shaker cabinets, subway tile backsplash, and stainless steel appliances. Bathrooms feature contemporary large-format tile, glass shower enclosures, and updated fixtures. With new wood-look flooring, recessed lighting, 9-foot ceilings, and artificial turf, the home shows no signs of deferred maintenance and functions as a virtually new property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9017, living area = 1796.
Elementary School: Franklin Elementary School (9/10).
The home features high-end contemporary updates including white shaker cabinets, subway tile backsplashes, stainless steel appliances, and durable wood-look flooring, providing a move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1796, other record living area = 1196.
Given the 1960 construction date, the property may have aging underlying systems such as plumbing or electrical that could require future attention despite the modern cosmetic renovations.
While the district offers high-rated schools, the top-performing elementary options are located over 8 miles away, which may pose a logistical challenge for families with young children.
Beautifully updated single-level Mesa home with a circular driveway and low-maintenance landscaping. Inside features 9' ceilings, a soft neutral palette, and wood-look flooring in main areas with carpeted bedrooms. The spacious great room flows into a formal dining area. Kitchen includes white shaker cabinets, subway tile backsplash, stainless appliances, recessed lighting, and sleek countertops. Primary suite offers dual sinks and a walk-in shower. Three additional bedrooms and two full baths. Backyard has artificial turf, wood fencing, storage shed, and a chicken coop for farm-fresh charm
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades PK-6 • 4.2 mi
Grades K-6 • 8.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,796 | 1,581 | 70% |
| Lot Size | 9,017 | 7,365 | 80% |
| Price | $408.5K | $356.5K | 71% |
| Price per sq ft | $227 | $219 | 54% |
| Built year | 1960 | 1997 | 5% |
| HOA | $0 | $99 | 26% |
| Days on market | 55 | 2280 | 1% |
Apr 14, 2026
$408,500
$409,000
+0% Price Increase
Initial Listing
Feb 26, 2026
$409,000
Initial Listing