858 N HERITAGE --, Mesa, AZ 85201, Mesa, 85201 - 4 bed, 4 bath
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Mesa, AZ 85201
This Spacious Multi-Generational Home represents a High-Potential Investment Opportunity, listed at $745,000—positioned well below the $761,004 Fair Market Value by 2%. This valuation gap offers $16,004 in Instant Equity. With a Condition Rating of 4, the property is functional but dated, offering significant upside for cosmetic modernization. Featuring a finished basement with a second kitchen and a large diving pool on a half-acre lot, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 858 N HERITAGE -- Subject | $745,000* List Price | 4 | 4 | 3,303 | $230 | - |
A 1213 W ESPLANADE Street Sold | $582,000 | 4 | 3 | 2,485 | $234 | 0.4 mi |
B 860 W MOUNTAIN VIEW Drive Pending | $680,000 List Price | 4 | 4 | 2,790 | $244 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is well-maintained but significantly dated. The kitchen features older oak cabinetry, laminate counters, and white appliances likely exceeding 20-30 years in age. While the home shows pride of ownership and is functional, the interior finishes, including carpet and lighting, require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19959, living area = 3303.
The finished basement includes a second kitchen, family room, and a private entrance, offering a perfect setup for extended family, guests, or potential rental opportunities.
Resting on nearly half an acre with no HOA restrictions, the property provides rare freedom for RV/trailer storage, a dedicated workshop, and large-scale outdoor projects.
Built in 1973, the home may require significant capital investment for modernizing major systems or updating cosmetic finishes to meet current market trends.
The combination of a large irrigated lot, a diving pool, and over 3,300 square feet of living space suggests higher-than-average utility costs and ongoing maintenance requirements.
Welcome home! This spacious and beautifully maintained property is perfectly designed for you and your family to enjoy and make your home. Resting on nearly HALF AN ACRE in a desirable NON-HOA Mesa neighborhood, this charming home offers 5 bedrooms, 3.5 bathrooms, and a basement, providing plenty of room for everyone. The basement features additional living spaces including a second kitchen, family room, bedrooms, storage space and even has its own entrance. Another benefit to this home, both AC's have been replaced in the past 5 years. Outside, the backyard is highlighted with a large diving pool, expansive irrigated yard, and a large, covered patio ready for entertaining. Pride of ownership is evident around every corner to this home. Discover the versatile workshop which can accommodate hobbies, projects, or extra storage space. Bring your toys, trailers, and extra vehicles as this property has plenty of space. Located within the highly rated Mesa School District and just minutes from local schools, parks, shopping, dining, and entertainment, this home offers the perfect blend of comfort, convenience, and community. Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,303 | - |
| Lot Size | 19,959 | - |
| Price | $745.0K | $476.2K |
| Price per sq ft | $226 | $271 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 39 | 2611 |
Jun 13, 2026
$745,000
Initial Listing