8708 E PORTOBELLO Avenue, Mesa, AZ 85212, Mesa, 85212 - 4 bed, 2 bath
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Mesa, AZ 85212
This property presents a High-Potential Investment Opportunity with a List Price of $449,500—positioned well below the $367,154 Fair Market Value by -22%. While the home maintains a Fair Condition Rating with original 2000-era finishes, its functional 4-bedroom layout and low $65 HOA fee provide a stable foundation for value-add renovations. Located in a convenient East Mesa corridor, this asset is well-suited for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8708 E PORTOBELLO Avenue Subject | $449,500* List Price | 4 | 2 | 1,831 | $201 | - |
A 8860 E PLANA Avenue Sold | $435,000 | 3 | 3 | 2,145 | $203 | 0.3 mi |
B 8221 E Posada Avenue Sold | $394,900 | 3 | 2 | 1,890 | $209 | 0.6 mi |
C 8112 E ONZA Avenue Pending | $390,900 List Price | 3 | 2 | 1,752 | $223 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is approximately 24-26 years old and retains its original finishes. The kitchen and bathrooms feature dated oak cabinetry, laminate countertops, and white appliances. While the home appears well-maintained and functional, it falls into the 'Fair' category due to its age and the need for cosmetic updates to meet modern standards.
The 4-bedroom, 2-bath single-story floor plan offers 1,831 sq ft of accessible living space, providing a functional and open environment ideal for families or those seeking to avoid stairs.
Situated in a prime Mesa location with excellent proximity to freeway access, shopping, and dining, providing high convenience for daily commuting and lifestyle needs.
With a competitive list price and a low monthly HOA fee of $65, this property offers an affordable entry point and manageable ongoing expenses for the area.
The assigned elementary and high schools carry a rating of 4/10, which may be a drawback for families prioritizing top-tier public school performance.
Built in 2000, the home is approaching a 25-year milestone where cosmetic updates or major system refreshments may be necessary to align with contemporary standards.
Beautiful single-level 4-bedroom, 2-bath home offering approximately 1,831 sq ft of comfortable living space. Functional open floor plan, spacious kitchen, private primary suite, and 2-car garage. Situated on a well-sized lot in a desirable East Mesa location close to schools, parks, shopping, dining, and freeway access. A fantastic opportunity to enjoy convenient East Valley living. Buyer to verify all information deemed material.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 2.1 mi
Grades 8-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,831 | 2,234 | 19% |
| Lot Size | 5,517 | 7,204.5 | 17% |
| Price | $449.5K | $481.9K | 46% |
| Price per sq ft | $245 | $228 | 63% |
| Built year | 2000 | 2012 | 25% |
| HOA | $65 | $122 | 15% |
| Days on market | 9 | 2186 | 1% |
Jun 5, 2026
$449,500
Initial Listing