
Mesa, AZ 85210
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $385,000—positioned well below the $397,419 Fair Market Value by 3%. This valuation gap provides $12,419 in Instant Equity for the buyer. With a Condition Rating of 4, the home features modern cosmetic updates, a large lot with an RV Gate, and No HOA restrictions. Ideally located near the US-60 and Loop 101, this property is a perfect fit for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 843 W PERALTA Avenue Subject | $385,000* List Price | 3 | 2 | 1,338 | $297 | - |
A 3011 S EXTENSION Road Sold | $460,000 | 4 | 2 | 1,622 | $284 | 0.3 mi |
B 2926 S EMERSON -- Sold | $469,000 | 3 | 2 | 1,649 | $284 | 0.3 mi |
C 653 W NARANJA Avenue Active Under Contract | $500,000 List Price | 3 | 2 | 1,338 | $374 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the home features recent cosmetic updates such as new light fixtures, fans, and paint. However, the core elements remain dated, including popcorn ceilings, parquet flooring, and older kitchen cabinetry with laminate-style countertops. While functional and move-in ready, the property is over 45 years old with renovations that appear primarily surface-level rather than a full systems or structural overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8063, living area = 1338.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The absence of a Homeowners Association combined with a functional RV gate provides owners with significant freedom and valuable space for recreational vehicle storage, a high-demand feature in the Mesa area.
Built in 1979, the home may require more frequent maintenance or future capital expenditures for aging systems compared to newer residential builds in the region.
While some nearby elementary schools are highly rated, the assigned junior high and high schools have lower performance scores, which may be a deterrent for education-focused families.
This charming 3-bedroom, 2-bath property features a 2-car garage, an RV gate, and no HOA. Located just minutes from shopping, dining and entertainment with easy access to the US-60 and the Loop 101 freeways and beyond. Discover a living room with vaulted ceilings, and a soothing palette. The well-appointed kitchen comes with ample counter space, recessed lighting, and a breakfast bar. Nicely remodeled with new matching remote control ceiling fans with lights throughout and matching black light fixtures and door knobs. Double doors lead to the master suite, complete with a private bathroom with double vanities. Unwind at the end of the day in the sizeable backyard, featuring a covered patio, lush natural turf, and abundant space for outdoor relaxation or crafting your dream outdoor oasis!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades K-6 • 3.9 mi
Grades K-6 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,338 | - |
| Lot Size | 8,063 | - |
| Price | $385.0K | $476.2K |
| Price per sq ft | $288 | $271 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 23 | 2611 |
Jun 29, 2026
$385,000
Initial Listing