
Mesa, AZ 85202
This Spacious Dual-Suite Condominium is a Strong Value Opportunity, listed at $285,000—positioned well below the $319,986 Fair Market Value by 10%. This valuation gap provides $34,986 in Instant Equity. Boasting a Condition Rating of 3, the interior features a renovated granite kitchen and modern wood-look flooring. The functional layout includes two primary suites and a private patio within a gated community served by the 9/10 rated Franklin Elementary School. This turnkey asset is ideal for Owner-Occupants or Buy-and-Hold Investors seeking immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 W BASELINE Road 225 Subject | $285,000* List Price | 3 | 3 | 1,632 | $196 | - |
A 1645 W BASELINE Road 2123 Sold | $239,900 List Price | 2 | 2 | 1,190 | 0.4 mi | |
B 1331 W BASELINE Road 338 Sold | $257,900 | 2 | 2 | 1,188 | $217 | 0.1 mi |
C 2121 S PENNINGTON -- 58 Sold | $225,000 | 3 | 2 | 1,156 | $195 | 0.5 mi |
D 1331 W BASELINE Road 253 Active | $274,000 List Price | 3 | 3 | 1,688 | $162 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates that exceed its 1984 build year. The kitchen has been renovated with granite countertops, stainless steel appliances, and updated cabinetry with contemporary hardware. Bathrooms also show significant updates including newer vanities and stone counters. The flooring is a well-maintained mix of tile and modern wood-look laminate, and the overall interior paint and fixtures appear fresh and functional.
Elementary School: Franklin Elementary School (9/10).
The unit is ideally positioned within the gated Dobson Bay Club for quick access to the exit gate and guest parking, while offering excellent proximity to major transit arteries including the US 60, HWY 101, and the 202.
With 1,632 square feet of living space and a unique configuration featuring two primary suites upstairs plus a third bedroom, this floor plan is highly functional for roommates or multi-generational living.
Built in 1984, the condo may require interior updates or modernization of major systems to meet the aesthetic and efficiency standards of contemporary buyers.
The assigned middle and high schools currently have lower performance ratings (2/10 and 4/10 respectively), which may be a deterrent for families prioritizing top-tier educational districts.
A must see CONDO located in the highly desired DOBSON BAY CLUB -GATED- COMMUNITY. A condominium's location and access is important when choosing a new home. Unit #225 is close to the exit gate, guest parking, quick access to the US 60, HWY 101, and the 202 Condo features includes: 1632 square feet of living space, 3 bedrooms, 2 1/2 bathrooms. Upstairs has (2) primary suites, (2) full bathrooms, and a guest bedroom in between. The Community amenities include: Tennis Courts, Racquet ball Courts, a new resurfaced resort-style Pool/Spa, BBQ Grills, and grass areas, The HOA fees also cover, roof replacement, blanket insurance, water, sewer, trash, and pest control, plus pets are welcome!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades K-6 • 1.1 mi
Grades K-6 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 64% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,632 | 1,188 | 91% |
| Lot Size | 908 | 1,024 | 45% |
| Price | $285.0K | $225.0K | 82% |
| Price per sq ft | $175 | $175 | 50% |
| Built year | 1984 | 1983 | 73% |
| HOA | $391 | $263 | 82% |
| Days on market | 48 | 1978 | 9% |
Mar 5, 2026
$285,000
Initial Listing