8818 E Downing Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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8818 E Downing Street
Mesa, AZ 85207
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,207Sq Ft
5,304Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$381,921
8% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $375,000—positioned well below the $390,985 Fair Market Value by 4%. This valuation gap offers $15,985 in Instant Equity for the buyer. Featuring a fully remodeled kitchen, new flooring, and an Excellent Condition Rating, this home offers a turnkey lifestyle. With scenic mountain views and proximity to top-rated Franklin Elementary, it is an ideal choice for first-time buyers or owner-occupants seeking a polished, stress-free transition.
Estimated Market Value
$381,921+$31,921 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8818 E Downing Street Subject 3 bd · 2 ba · 1,207 sqft · $316 | $350,000* List Price | 3 | 2 | 1,207 | $316 | - |
A 8830 E DALLAS Street Sold 3 bd · 2 ba · 1,508 sqft · $274 · 0.1 mi | $412,500 | 3 | 2 | 1,508 | $274 | 0.1 mi |
B 9128 E HALIFAX Street Sold 3 bd · 2 ba · 1,595 sqft · $266 · 0.9 mi | $425,000 | 3 | 2 | 1,595 | $266 | 0.9 mi |
C 9255 E ELLIS Street Pending 3 bd · 2 ba · 1,343 sqft · $285 · 0.6 mi | $382,500 List Price | 3 | 2 | 1,343 | $285 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1999, the property has undergone extensive recent renovations that meet the 'less than 5-year reno' criteria. Highlights include a fully remodeled kitchen with new stainless steel appliances and countertops, new tile and carpet flooring throughout, updated interior doors, and a new water heater, resulting in a mint-condition, move-in-ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Extensive Modern Renovations
The home features significant interior updates, including a fully remodeled kitchen with new appliances, fresh tile and carpet flooring, and updated fixtures throughout, offering a move-in-ready experience for buyers.
- Scenic Mountain Views
The property boasts beautiful mountain views, a highly desirable aesthetic feature that enhances the overall appeal and provides a premium feel to the outdoor living space.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With 1,207 square feet of living area, the home's footprint is relatively compact, which may be a drawback for growing families or those requiring dedicated home office space.
- Average Local School Ratings
The closest assigned middle and high schools carry average performance ratings (5/10 and 6/10), which may be a consideration for education-focused buyers compared to other nearby districts.
About 8818 E Downing Street
Located in a quiet Mesa neighborhood, this 3-bedroom, 2-bathroom home offers a comfortable layout with extensive updates throughout. The fully remodeled kitchen features new countertops, a new sink and faucet, and updated appliances including the stove, microwave, and dishwasher. Additional improvements include new tile flooring throughout the main living areas, new carpet in the bedrooms, updated interior doors and baseboards, an updated water heater, a refreshed guest bathroom vanity, and new toilets in both bathrooms. Thoughtful updates throughout the home create a clean, refreshed feel while maintaining a functional layout for everyday living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 5,304 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $66 / Month
Neighborhood Insights
Mesa Unified Schools
Zaharis Elementary School
Grades K-6 • 1.9 mi
7/10
Franklin at Brimhall Elementary School
Grades PK-6 • 5.5 mi
9/10
Franklin Elementary School
Grades K-6 • 9.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,207 | 1,898.592 |
| Lot Size | 5,304 | 7,745.036 |
| Price | $350.0K | $485.3K |
| Price per sq ft | $290 | $264 |
| Built year | 1999 | 1995 |
| HOA | $66 | $174 |
| Days on market | 16 | 67 |
Pricing History
Listed for Sale
Oct 23, 2026
$350,000
$375,000
-7% Price Drop
Initial Listing
Price Change
Oct 8, 2026
$375,000
Initial Listing