
Mesa, AZ 85208
This Single-Story Gated Residence is a High-Potential Investment Opportunity, listed at $412,900—positioned well below the $496,519 Fair Market Value by 16%. This valuation gap provides $83,619 in Instant Equity. Boasting a Condition Rating of 4, the home is move-in ready with stainless steel appliances and a functional split floor plan, while offering significant upside through cosmetic updates. Located on a quiet cul-de-sac with community pool access, it balances financial logic with lifestyle comfort. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9826 E FLOSSMOOR Circle Subject | $412,900* List Price | 3 | 2 | 1,418 | $350 | - |
A 10364 E Emerald Avenue Sold | $410,000 | 3 | 2 | 1,518 | $270 | 0.7 mi |
B 10543 E FLOSSMOOR Avenue Sold | $442,000 | 3 | 2 | 1,646 | $269 | 0.9 mi |
C 10234 E CAROL Avenue Sold | $432,000 | 3 | 2 | 1,529 | $283 | 0.9 mi |
D 429 S Labelle -- Active | $429,900 List Price | 3 | 2 | 1,370 | $314 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old home is well-maintained and move-in ready with fresh interior paint and updated stainless steel appliances. However, it retains original oak cabinetry, ceramic tile flooring, and builder-grade bathroom fixtures that show their age. Per the criteria, it falls into the 'fair' category as it has not undergone a major renovation of its primary systems or aesthetic components since construction.
Situated on a quiet cul-de-sac with desirable North/South exposure, this home is located within a secure gated community that offers residents access to a community pool and park.
The single-story layout features a highly functional split floor plan with elegant crown molding, a large kitchen island, and ample storage, including a walk-in hallway closet and custom master shelving.
The property is equipped with a full suite of stainless steel appliances and laundry units, paired with low-maintenance desert landscaping and dual side gates for easy access.
Built in 1999, the interior features ceramic tile and carpet in bedrooms which may feel dated to buyers looking for modern luxury vinyl plank or contemporary flooring trends.
At 1,418 square feet, the living space and bedroom sizes are relatively modest, which may be a constraint for growing families or those requiring a larger home office.
Cul de sac lot with N/S exposure in gated community with community pool. Single story, split floor plan home features ceramic tile, carpet in all bedrooms & closets, faux wood blinds, ceiling fans, large kitchen island, pantry, breakfast nook, large family room with built-in entertainment center, hallway walk-in storage closet & hallway cabinets. Master bathroom boasts vanity, private toilet & large walk-in closet with custom shelving. Crown molding in the entry way, main hallway, living room, kitchen, & breakfast nook. Stainless steel frig/range/micro/dishwasher & washer/dryer in laundry room. Low maintenance front & back yards, private covered patio & dual side gates. HOA managed with community park, near schools, shopping & easy freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,418 | 1,579 | 31% |
| Lot Size | 5,535 | 7,325 | 24% |
| Price | $412.9K | $356.5K | 72% |
| Price per sq ft | $291 | $219 | 90% |
| Built year | 1999 | 1997 | 58% |
| HOA | $145 | $100 | 55% |
| Days on market | 42 | 2280 | 1% |
Mar 11, 2026
$412,900
Initial Listing