8942 E HOBART Street, Mesa, AZ 85207, Mesa, 85207 - 3 bed, 2 bath
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Mesa, AZ 85207
This Modernized Single-Family Residence is a Strong Value Opportunity, listed at $599,900—positioned well below the $659,603 Fair Market Value by 9%. This valuation gap offers $59,703 in Instant Equity for a property in Excellent Condition. Featuring a renovated quartz kitchen, stainless appliances, and a versatile den, the home is ideally located near Salt River recreation and the 9/10 rated Franklin Elementary. This is a premier choice for Owner-Occupants or Buy-and-Hold Investors seeking immediate equity in a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8942 E HOBART Street Subject | $599,900* List Price | 3 | 2 | 1,891 | $349 | - |
A 1651 N Atwood Circle Sold | $493,000 List Price | 3 | 3 | 2,108 | 0.2 mi | |
B 9052 E INCA Street Sold | $730,000 | 3 | 3 | 2,080 | $351 | 0.2 mi |
C 9052 E INCA Street Sold | $730,000 | 3 | 3 | 2,108 | $346 | 0.2 mi |
D 9010 E KENWOOD Street Sold | $765,000 | 2 | 3 | 1,871 | $409 | 0.8 mi |
E 8336 E INGRAM Street Active | $650,000 List Price | 3 | 3 | 1,994 | $326 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2001, the property has undergone an extensive recent renovation within the last 5 years. The kitchen is fully modernized with white shaker cabinetry, quartz countertops, a stylish tile backsplash, and stainless steel appliances. The home features updated wood-look flooring, contemporary light fixtures, and a well-maintained primary ensuite, meeting current quality standards with no visible deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The home features a high-end kitchen upgrade with quartz countertops, shaker cabinetry, and stainless steel appliances, offering a move-in-ready aesthetic that appeals to contemporary buyers.
Ideally situated near State Land, the Salt River, and extensive hiking and biking trails, this property provides exceptional value for outdoor enthusiasts seeking proximity to nature.
While the elementary school is well-rated, the assigned middle and high schools have lower ratings, which may be a drawback for families prioritizing top-tier educational districts.
Built in 2001, the property may soon require capital improvements for major systems such as the HVAC or roof if they have not been recently replaced, representing a potential future cost.
Your dream home is finally here! Beautifully maintained 3-bedroom home with a 2-car garage and bright open-concept layout filled with natural light. The stunning kitchen features quartz countertops, shaker cabinetry, tile backsplash, stainless steel appliances, pantry, and prep island with breakfast bar. The spacious primary suite offers private outdoor access, elegant ensuite with garden tub, and walk-in closet. Versatile den is ideal for an office, play room or flex space. Enjoy the serene backyard with covered patio and low-maintenance turf. Ideally located minutes from State Land, hiking, mountain biking, and the Salt River, with quick freeway access for easy commuting to Phoenix. Don't miss this!
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades PK-6 • 6.1 mi
Grades K-6 • 9.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,891 | 2,106 | 39% |
| Lot Size | 7,270 | 9,283 | 28% |
| Price | $599.9K | $375.0K | 72% |
| Price per sq ft | $317 | $246 | 78% |
| Built year | 2001 | 2001 | 50% |
| HOA | $215 | $125 | 60% |
| Days on market | 61 | 2430 | 1% |
Feb 20, 2026
$599,900
Initial Listing