
Mesa, AZ 85209
This property presents a High-Potential Investment Opportunity with a List Price of $469,900—positioned well above the $362,158 Fair Market Value by -29%. While the home requires modernization, its 4-bedroom, 2-bathroom layout and 7,200 sq. ft. lot provide a solid foundation for value-add renovations. Located near major freeways and schools like Augusta Ranch Elementary, the home offers significant utility. Given the Condition Rating of 4, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to modernize a well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9609 E MONTE Avenue Subject | $469,900* List Price | 4 | 2 | 1,867 | $194 | - |
A 9623 E MONTEREY Avenue Sold | $349,999 List Price | 4 | 2 | 1,970 | 0.1 mi | |
B 9316 E MONTEREY Avenue Sold | $480,000 | 3 | 2 | 1,605 | $299 | 0.4 mi |
C 9628 E LINDNER Avenue Pending | $479,500 List Price | 4 | 2 | 1,968 | $244 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this property is over 20 years old. While it features updated wood-look tile flooring in the main areas, the kitchen cabinets and overall aesthetic remain dated. The 'AS-IS' listing status and mention of 'potential' suggest the home requires minor repairs and modernization to be fully updated.
The property boasts excellent accessibility to both the 202 and 60 Freeways, providing residents with convenient commutes and easy access to the broader Phoenix metropolitan area.
With four bedrooms and nearly 1,900 square feet of single-story living space on a generous 7,200 sq. ft. lot, the home offers a functional footprint ideal for families.
The home is perfectly positioned for families with children, situated within a one-mile radius of elementary, junior high, and high schools, including Augusta Ranch Elementary.
The property is being sold in as-is condition, which suggests the potential for deferred maintenance and the need for a buyer to budget for immediate repairs or upgrades.
Built in 1999, the home may require modernization of major systems and interior finishes to meet current energy efficiency standards and contemporary design preferences.
This spacious 4-bedroom, 2-bathroom single-story ranch home offers nearly 1,900 square feet of potential. Situated on a generous 7,200 sq. ft. lot, this property is a beautiful property for anyone. Great location with convenient access to both the 202 and 60 Freeways. Home to be sold AS-IS.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 0.8 mi
Grades 8-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,867 | 1,885 | 49% |
| Lot Size | 7,200 | 6,547 | 67% |
| Price | $469.9K | $338.5K | 75% |
| Price per sq ft | $252 | $169 | 70% |
| Built year | 1999 | 1998 | 54% |
| HOA | $279 | $125 | 72% |
| Days on market | 38 | 2661 | 1% |
May 8, 2026
$469,900
Initial Listing