
Mesa, AZ 85201
This Turnkey Townhouse is a Strong Value Opportunity, listed at $399,999—positioned well below the $415,699 Fair Market Value by 3%. This valuation gap offers $15,700 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern LVP flooring and newer appliances, this home includes a private patio and an oversized 2-car garage. Located near top-rated schools like Franklin at Brimhall, it is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1301 W RIO SALADO Parkway 51 Subject | $374,998* List Price | 2 | 2 | 1,522 | $243 | - |
A 1301 W RIO SALADO Parkway 16 Sold | $359,900 | 2 | 2 | 1,702 | $211 | 0.1 mi |
B 1301 W RIO SALADO Parkway 15 Active | $357,000 List Price | 2 | 2 | 1,482 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980 but features significant recent renovations including newer appliances (Samsung/Bosch), updated countertops, and modern LVP flooring in bedrooms. The property is well-maintained, move-in ready, and includes updated fixtures and a refreshed backyard, placing it in the 5-15 year renovation category.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property is ideally situated near Tempe Marketplace, Mesa Riverview, and major freeways, offering residents exceptional access to premier shopping, dining, and efficient commuting across the Valley.
Featuring newer appliances, updated lighting, and a refreshed backyard with synthetic turf, this home provides a move-in-ready experience with minimal ongoing maintenance requirements.
While some elementary options are highly rated, the local junior high and high schools carry lower performance scores, which may impact appeal for families prioritizing top-tier educational districts.
Constructed in 1980, the property may eventually require attention to original structural or mechanical components that fall outside the scope of the recent cosmetic and appliance updates.
Located in the Exeter Place community, this Mesa home offers a combination of updates in a great location! Inside, the home features newer appliances, filtration system, updated light fixtures, and newer window treatments that give the space a clean and updated feel. The oversized 2 car garage provides extra room where many units only include a carport. There have been numerous additional upgrades completed throughout the home, with a full list included in the documents tab. The backyard has also been refreshed with new turf and gravel, creating a low maintenance outdoor space. The convenient location places you close to Tempe Marketplace, Mesa Riverview, Cubs Stadium, and easy freeway access that makes commuting around the Valley simple. The community is known for its quiet atmosphere, friendly neighbors, well maintained grounds, and access to a community pool. Whether you're looking for your first home, downsizing, or an investment opportunity, this charming townhouse has something for everyone!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 2.1 mi
Grades K-6 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,522 | - |
| Lot Size | 3,690 | - |
| Price | $375.0K | $310.0K |
| Price per sq ft | $246 | $260 |
| Built year | 1980 | 0 |
| HOA | $250 | $0 |
| Days on market | 34 | 2514 |
Jul 17, 2026
$374,998
$374,999
+0% Price Increase
Initial Listing
Jul 11, 2026
$374,999
$399,996
-6% Price Drop
Initial Listing
Jul 10, 2026
$399,996
$399,997
+0% Price Increase
Initial Listing
Jul 3, 2026
$399,997
$399,998
+0% Price Increase
Initial Listing
Jun 26, 2026
$399,998
$399,999
+0% Price Increase
Initial Listing
Jun 18, 2026
$399,999
Initial Listing