1301 W RIO SALADO Parkway 15, Mesa, AZ 85201, Mesa, 85201 - 2 bed, 2 bath
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Mesa, AZ 85201
This Move-In Ready Townhouse is listed at $369,900, representing a stable entry point at its $369,900 Fair Market Value. Boasting a Good Condition Rating, the property benefits from a brand-new HVAC system (2024), fresh interior paint, and new flooring. Key features include a rare 2-car garage, vaulted ceilings, and a private patio. Situated near the top-rated Franklin Elementary School (9/10) and within the Mesa Unified District, this home offers excellent lifestyle utility with rapid freeway access. It is a perfect fit for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1301 W RIO SALADO Parkway 15 Subject | $357,000* List Price | 2 | 2 | 1,482 | $241 | - |
A 1301 W RIO SALADO Parkway 16 Sold | $359,900 | 2 | 2 | 1,702 | $211 | 0.0 mi |
B 1500 W RIO SALADO Parkway 106 Sold | $250,000 | 2 | 2 | 1,100 | $227 | 0.3 mi |
C 510 N ALMA SCHOOL Road 141 Sold | $290,000 | 3 | 2 | 1,118 | $259 | 0.3 mi |
D 1301 W RIO SALADO Parkway 51 Active | $419,900 List Price | 2 | 2 | 1,522 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent maintenance, most notably a brand-new HVAC system installed in October 2024. Interior updates include fresh paint, new flooring in both bedrooms, and a refreshed secondary bathroom with a newer vanity and lighting. While the kitchen retains an older style with laminate countertops and the 1975 build date is evident in the architectural design, the home is well-maintained with major systems functional and updated, meeting the criteria for a 'good' condition score.
Elementary School: Franklin Elementary School (9/10).
The property features a brand-new HVAC system installed in October 2024, along with fresh interior paint and new flooring in both bedrooms, significantly reducing immediate move-in costs.
Ideally situated with rapid access to the 101, 202, and 60 freeways, this home offers an excellent commute and proximity to the vibrant amenities of Mesa and the surrounding Valley.
Built in 1975, the home may have aging infrastructure or original components behind the scenes that could require future maintenance compared to newer constructions.
The assigned middle and high schools currently carry lower performance ratings, which may impact long-term resale value or appeal to education-focused families.
One story townhouse with 2 car garage. Interior has been freshly painted, flooring replaced in both bedrooms. Secondary bathroom updated with newer vanity, lighting, and mirror. HVAC replaced in Oct 2024. Vaulted ceiling in living room. HOA includes water, trash, sewer, and community pool. Patio Backyard with Primary bedroom entrance. Fantastic location with access to major freeways 101, 202, and 60.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 2.1 mi
Grades K-6 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,482 | 1,130 | 87% |
| Lot Size | 3,380 | 819 | 84% |
| Price | $357.0K | $221.0K | 87% |
| Price per sq ft | $241 | $227 | 52% |
| Built year | 1975 | 1985 | 19% |
| HOA | $250 | $189 | 94% |
| Days on market | 125 | 2665 | 3% |
May 15, 2026
$357,000
$358,000
+0% Price Increase
Initial Listing
May 4, 2026
$358,000
$359,900
-1% Price Drop
Initial Listing
Apr 20, 2026
$359,900
$365,000
-1% Price Drop
Initial Listing
Apr 14, 2026
$365,000
$369,900
-1% Price Drop
Initial Listing
Feb 2, 2026
$369,900
Initial Listing