125 S 56TH Street 153, Mesa, AZ 85206, Mesa, 85206 - 3 bed, 3 bath
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Mesa, AZ 85206
This Turnkey Modern Townhouse is a Strong Value Opportunity, listed at $284,900—positioned well below the $301,472 Fair Market Value by 5%. This valuation gap provides $16,572 in Instant Equity for a property in Excellent Condition. Boasting a rare 2-car garage, new white kitchen cabinets, and fresh 2025 interior paint and carpet, the home is entirely move-in ready. Located near the 9/10 rated Franklin at Brimhall Elementary, it perfectly balances lifestyle and investment. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 S 56TH Street 153 Subject | $289,900* List Price | 3 | 3 | 1,255 | $238 | - |
A 125 S 56TH Street 92 Active | $319,000 List Price | 3 | 3 | 1,255 | $254 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure was built in 2002, the property qualifies as Excellent due to extensive renovations within the last 5 years. Key updates include new kitchen cabinets (2021), fresh interior paint (2025), new carpet (2025), and an updated main shower (2024). Additionally, major systems and exterior components have been addressed with a new water heater (2024) and a new roof (approx. 2024), ensuring the home is in mint condition with no immediate maintenance required.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property is in turnkey condition with significant recent capital improvements, including a new roof (2023), fresh interior paint (2025), new carpet (2025), and a new water heater (2024), minimizing immediate post-purchase expenses.
Unlike many condominiums in this price bracket, this unit features a private 2-car garage, providing highly desirable secure parking and additional storage capacity.
With 1,255 square feet split across two levels for a three-bedroom layout, the individual room sizes and common living areas may feel restrictive for those seeking a more spacious environment.
While the elementary school options are highly rated, the assigned junior high and high schools carry average ratings (5/10), which could be a consideration for families prioritizing long-term educational consistency.
**NEW A/C!** VERY well cared for Condo in a gated Community. Great location! This condo features a 2 car garage, new white kitchen cabinets 2021, fresh interior paint 2025, new updated light fixtures 2025, new roll down blinds downstairs 2024, new hot water heater in 2024, & updated shower in main bath 2024. Half bath is downstairs. 3 bed, and 2 baths upstairs. The new roof was completed by HOA within the last 2 years. All tile downstairs, including the stairs. NEW carpet upstairs Aug 2025! Full size washer & Dryer in hallway upstairs. Must see this adorable, CLEAN condo!
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.8 mi
Grades K-6 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,255 | 1,206 | 59% |
| Lot Size | 886 | 1,676 | 6% |
| Price | $289.9K | $280.0K | 53% |
| Price per sq ft | $231 | $226 | 59% |
| Built year | 2002 | 2000 | 53% |
| HOA | $278 | $230 | 65% |
| Days on market | 48 | 2204 | 6% |
Jun 5, 2026
$289,900
$279,900
+4% Price Increase
Initial Listing
Jun 1, 2026
$279,900
$284,900
-2% Price Drop
Initial Listing
Apr 28, 2026
$284,900
Initial Listing