1331 W BASELINE Road 267, Mesa, AZ 85202, Mesa, 85202 - 3 bed, 3 bath
Loading property details...
Mesa, AZ 85202
This Spacious 3-Bedroom Condominium is a High-Potential Investment Opportunity, listed at $280,000—positioned well below the $351,918 Fair Market Value by 20%. This significant valuation gap provides $71,918 in Instant Equity. Featuring a Condition Rating of 3, the interior boasts fresh paint, wood-look flooring, and a rare 1,632 sqft layout. Residents benefit from a community pool and access to the 9/10 rated Franklin Elementary School. This versatile asset is an ideal acquisition for Owner-Occupants seeking rapid wealth accumulation or Buy-and-Hold Investors targeting a high-equity rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 W BASELINE Road 267 Subject | $280,000* List Price | 3 | 3 | 1,632 | $216 | - |
A 1331 W BASELINE Road 338 Sold | $257,900 | 2 | 2 | 1,188 | $217 | 0.1 mi |
B 1645 W BASELINE Road 2123 Sold | $239,900 List Price | 2 | 2 | 1,190 | 0.4 mi | |
C 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 in move-in ready condition with several recent cosmetic updates, including fresh interior paint and modern wood-look flooring throughout the living areas. While the kitchen and bathrooms retain their original 1988-style cabinetry and laminate countertops, they appear well-maintained and functional. The unit features updated light fixtures, a cozy fireplace, and includes matching appliances and a washer/dryer, fulfilling the criteria for a well-maintained home that does not require immediate renovation.
Elementary School: Franklin Elementary School (9/10).
With 3 bedrooms, 3 bathrooms, and over 1,600 square feet, this unit offers a rare and generous floor plan that provides significantly more living space than typical area condominiums.
The property features fresh interior paint, modern wood-look flooring, and includes a washer and dryer, making it an attractive, turnkey option for immediate occupancy.
The monthly association fee of $391 represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
While some nearby elementary schools are highly rated, the assigned junior high school has a low rating of 2/10, which could be a deterrent for families prioritizing education.
Welcome to this lovingly cared-for 3-bedroom unit in the desirable Dobson Bay Club Community! Check out inside to find a sun-filled living room highlighted by wood-look flooring, a cozy fireplace, and fresh paint throughout. In the dining area, you will have sliding glass doors that opens to the balcony. The kitchen comes with track lighting, matching appliances, abundant natural light, and a two-tier breakfast bar, ideal for a quick midnight snack. Discover an airy primary bedroom, offering balcony access and a private bathroom with a shower & tub combination. PLUS! A washer and dryer are included for added convenience. Unwind on the balcony or cool off in the Community pool, a perfect way to relax and recharge. Seize this rare opportunity while it lasts!
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 | 920 | 1,024 | 45% |
| Price | $280.0K | $225.0K | 82% |
| Price per sq ft | $172 | $172 | 50% |
| Built year | 1988 | 1983 | 82% |
| HOA | $391 | $263 | 82% |
| Days on market | 46 | 1978 | 9% |
Mar 7, 2026
$280,000
Initial Listing