2403 E Inverness Ave Mesa, AZ 85204
Central Mesa NeighborhoodEstimated payment $2,167/month
Highlights
- Hot Property
- Corner Lot
- No HOA
- 1 Fireplace
- Granite Countertops
- Security System Owned
About This Home
Positioned on a corner lot with quick access to the US-60, this property stands out as a strong value with clear upside. Priced below comparable sales, it offers buyers the opportunity to step into immediate equity with minimal effort. The home is move-in-ready, with interior paint being the primary update needed to elevate it further--making it a straightforward opportunity to improve value without taking on a full renovation. Major updates have already been completed, including energy-efficient windows, a 2022 roof, and fresh exterior paint. These improvements support lower utility costs, better insulation, and reduced maintenance over time. Inside, the layout is open and functional, with natural flow between the main living areas. A fireplace anchors the living space, and the k --featuring an updated backsplash--connects directly to the main areas for practical, everyday use. The primary suite offers a well-sized layout with ample closet space, while the additional bedrooms provide flexibility for a range of needs. The primary bathroom includes added under-sink storage for organization. The backyard is fully fenced and designed to be usable from day one. A covered patio provides shaded outdoor space, and the large concrete pad offers flexibility for recreation, outdoor seating, or future improvements. Between the corner lot, completed major updates, below-market pricing, and minimal work required, this property presents a clear opportunity for buyers looking to secure value and build equity immediately.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,041
Year Built
- Built in 1979
Lot Details
- 7,406 Sq Ft Lot
- Corner Lot
- Grass Covered Lot
Parking
- 2 Car Garage
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 1,428 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Combination Dining and Living Room
- Security System Owned
Kitchen
- Built-In Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Harris Elementary School
- Mesquite Jr High Middle School
- Gilbert High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by LOTS OF TILE
- Old West Estates No. 3 Subdivision
Listing and Financial Details
- Tax Lot 57
- Assessor Parcel Number 140-63-060
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,041 | $11,627 | -- | -- |
| 2024 | $835 | $11,073 | -- | -- |
| 2023 | $835 | $29,230 | $5,840 | $23,390 |
| 2022 | $814 | $21,330 | $4,260 | $17,070 |
| 2021 | $882 | $20,620 | $4,120 | $16,500 |
| 2020 | $866 | $19,110 | $3,820 | $15,290 |
| 2019 | $803 | $17,850 | $3,570 | $14,280 |
| 2018 | $764 | $15,710 | $3,140 | $12,570 |
| 2017 | $740 | $14,930 | $2,980 | $11,950 |
| 2016 | $768 | $14,480 | $2,890 | $11,590 |
| 2015 | $704 | $11,650 | $2,330 | $9,320 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $395,000 | +2.9% | $277 / Sq Ft | |
| 03/10/2023 03/10/23 | Sold | $384,000 | -1.0% | $269 / Sq Ft | View Prior Sale |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- | |
| 02/01/2023 02/01/23 | Price Changed | $388,000 | -3.5% | $272 / Sq Ft | |
| 01/18/2023 01/18/23 | Price Changed | $402,000 | -2.9% | $282 / Sq Ft | |
| 01/04/2023 01/04/23 | Price Changed | $414,000 | -1.0% | $290 / Sq Ft | |
| 12/07/2022 12/07/22 | Price Changed | $418,000 | -0.5% | $293 / Sq Ft | |
| 11/16/2022 11/16/22 | For Sale | $420,000 | +134.0% | $294 / Sq Ft | |
| 11/20/2015 11/20/15 | Sold | $179,450 | -3.0% | $126 / Sq Ft | View Prior Sale |
| 07/21/2015 07/21/15 | For Sale | $185,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $384,000 | Roc Title | |
| Warranty Deed | $412,000 | Os National | |
| Warranty Deed | $179,450 | Fidelity Natl Title Agency | |
| Quit Claim Deed | -- | Fidelity Natl Title Agency | |
| Cash Sale Deed | $159,000 | Fidelity Natl Title Agency | |
| Warranty Deed | $110,000 | Great American Title | |
| Cash Sale Deed | $63,000 | Commonwealth Land Title | |
| Trustee Deed | $184,640 | First American Title | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $144,200 | Security Title Agency | |
| Warranty Deed | $109,400 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Joint Tenancy Deed | -- | First Southwestern Title | |
| Grant Deed | -- | -- | |
| Trustee Deed | -- | Grand Canyon Title Agency In | |
| Joint Tenancy Deed | $78,900 | North American Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $377,044 | FHA | |
| Previous Owner | $176,199 | FHA | |
| Previous Owner | $131,250 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $107,211 | FHA | |
| Previous Owner | $115,360 | Purchase Money Mortgage | |
| Previous Owner | $65,951 | FHA | |
| Previous Owner | $77,682 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7014747
APN: 140-63-060
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