$370,000
●
House -
In Contract
845 S VALENCIA --
Mesa, AZ 85202
3 Beds
2 Baths
1,691 Ft²
$1,923
Est. Monthly
About This Property
Move-in ready and packed with major updates! This 3-bedroom, 2-bath
Mesa home offers 1,691 sq. ft. of comfortable living space on a
spacious corner lot with NO HOA. Enjoy added peace of mind with a
new roof (2023), complete plumbing replacement (2022), upgraded
electrical panel (2023), new HVAC (2023), and energy-efficient
dual-pane windows. The functional single-level floor plan includes
an attached 2-car garage, while the generous backyard with grass
offers plenty of room for entertaining, gardening, pets, or
creating your ideal outdoor retreat. With major systems already
updated and no HOA restrictions, this well-maintained home is ready
for its next owner!
Unit Size
1,691 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$219
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1971
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 days ago (ARMLS #7076325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by RE/MAX Fine Properties | $370,000 | |
| Listed by RE/MAX Fine Properties | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by eXp Realty | $374,900 | |
| Listed by eXp Realty | |||
   | |||
|
Move in ready 3 bedroom, 2 bathroom home on a spacious corner lot with no HOA. Major system updates provide peace of mind, including a new roof (2023), complete plumbing replacement (2022), upgraded electrical panel (2023), new HVAC system (2023), and energy efficient dual pane windows. The generous lot offers plenty of room for gardening and outdoor entertainment. A rare opportunity to own a well maintained home with no HOA restrictions.
| |||
| Mar 6, 2001 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Direct Access
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Interior Features: High Speed Internet, Laminate Counters, 3/4 Bath Master Bdrm
Flooring Type: Carpet, Tile, Concrete
Laundry Features: Inside
Exterior Details
Square Footage: 1691
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1971
Builder Name: Unknown
Building Area Total: 1691
Building Area Units: Square Feet
Window Features: Low-Emissivity Windows, Dual Pane
Construction Materials: Block, Painted
Lot Features: Corner Lot, Desert Front, East/West Exposure, Grass Back
Lot Size Area: 8882
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8882
Tax Lot: 463
Water Source: Public
Financial Details
Tax Map Number: 39.00
Tax Annual Amount: $1,270
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), HVAC SEER Rating, Programmable Thmstat
Heating Type: Heat Pump, Electric, Ceiling
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: No Fees
HOA/Condo/Coop Amenities: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mesa
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Listed by: Michael Kent, RE/MAX Fine Properties
Last Updated: 4 days ago
Data Source: ARMLS, MLS# 7076325
Last Updated: 4 days ago
Data Source: ARMLS, MLS# 7076325
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
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Brokerage email: [email protected]
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