906 E JASMINE Street, Mesa, AZ 85203, Mesa, 85203 - 5 bed, 2 bath
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Mesa, AZ 85203
This Spacious Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $635,000—positioned well below the $707,873 Fair Market Value by 10%. This valuation gap provides $72,873 in Instant Equity. Boasting a Condition Rating of 3, the home features a New A/C (2024), Private Pool, and a large No-HOA Corner Lot with RV Gate access. While the 5-bedroom layout offers significant space near Franklin Elementary (9/10), the recent capital improvements ensure a move-in ready experience. This is an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors targeting high-demand rental assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 906 E JASMINE Street Subject | $635,000* List Price | 5 | 2 | 2,630 | $269 | - |
A 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.6 mi |
B 419 E Ingram Street Sold | $635,000 | 7 | 3 | 3,154 | $201 | 0.7 mi |
C 1432 E INDIGO Circle Sold | $715,000 | 4 | 3 | 2,532 | $282 | 0.8 mi |
D 1313 N DELMAR -- Sold | $568,900 | 4 | 3 | 2,768 | $206 | 1.0 mi |
E 1310 N LESUEUR -- Sold | $485,000 List Price | 3 | 2 | 1,579 | 0.9 mi | |
F 1663 N DORAN -- Sold | $525,000 | 5 | 3 | 2,400 | $219 | 0.6 mi |
G 537 E HACKAMORE Street Pending | $485,000 List Price | 3 | 2 | 2,130 | $228 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone extensive recent capital improvements between 2022 and 2026, including a new main A/C, water heater, interior paint, and carpet. While originally built in 1977, the home features an updated open-concept kitchen with stone countertops and dark cabinetry. The major systems are well-maintained and within their expected lifespan, though the black appliances and the low bathroom-to-bedroom ratio keep it from the 'excellent' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10650, living area = 2630.
Elementary School: Franklin Elementary School (9/10).
The property boasts significant recent upgrades including a new main A/C (2024), water heater (2025), interior paint (2026), and stucco refresh (2026), significantly reducing immediate move-in costs and maintenance concerns.
Despite having five bedrooms, the home only features two bathrooms, which may present a functional challenge for large households and could impact the property's competitive edge.
The assigned junior high and high schools carry low performance ratings (2/10 and 3/10), which may be a significant drawback for families prioritizing top-tier public education.
Charming, well-kept 5-bedroom home on a large near 1/4 acre corner lot with no HOA. Amazing location near great schools! Near the 202 and the Lehi District, minutes to Fry's and Sprouts, 10 minutes to Mesa Riverview, and about 20 minutes to Old Town Scottsdale. Open concept layout with great living space, plus a private pool and RV gate access. Two mature olive trees in front create a shaded spot to relax, and the backyard has an amazing orange tree that produces a ton of great fruit. New main A/C in 2024 as well as a new garage AC. Other recent updates include pool pump (2022), water heater (Jun 2025), garage door (2025), RV gate (Dec 2025), interior paint (2026), stucco refresh (2026), epoxy garage floor (2026), and reseeded lawn (2025).
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades K-6 • 3.0 mi
Grades K-6 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,630 | 2,283 | 67% |
| Lot Size | 10,650 | 10,866 | 48% |
| Price | $635.0K | $410.0K | 75% |
| Price per sq ft | $241 | $219 | 61% |
| Built year | 1977 | 1981 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 2132 | 1% |
Mar 6, 2026
$635,000
Initial Listing