1342 W EMERALD Avenue 248, Mesa, AZ 85202, Mesa, 85202 - 3 bed, 2 bath
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Mesa, AZ 85202
This Modernized End-Unit Townhome is a Strong Value Opportunity, listed at $295,000—positioned well below the $308,675 Fair Market Value by 4%. This valuation gap provides $13,675 in Instant Equity for the incoming buyer. Featuring a Granite Kitchen, fresh interior paint, and a Condition Rating of 3, this move-in ready residence offers a private courtyard and access to the top-rated Franklin Elementary School (9/10). Located near Sloan Park and US-60, it perfectly balances lifestyle convenience with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1342 W EMERALD Avenue 248 Subject | $295,000* List Price | 3 | 2 | 1,284 | $240 | - |
A 1051 S DOBSON Road 82 Sold | $265,000 | 3 | 2 | 1,160 | $228 | 0.8 mi |
B 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.9 mi |
C 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.9 mi |
D 1051 S DOBSON Road 74 Sold | $259,000 | 3 | 2 | 1,289 | $201 | 0.8 mi |
E 1342 W EMERALD Avenue 250 Active | $267,500 List Price | 2 | 2 | 1,038 | $258 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with several key updates. Although built in 1983, the interior features fresh paint, updated flooring (dark tile and wood-look laminate), and a kitchen equipped with granite countertops and functional appliances. The bathrooms have been updated with furniture-style vanities. While some original elements like popcorn ceilings remain, the overall quality and lack of deferred maintenance align with the 'good' condition category.
Elementary School: Franklin Elementary School (9/10).
This move-in ready end-unit features contemporary updates including granite countertops, fresh interior paint, and an open-concept layout, offering immediate value without the need for renovations.
Ideally situated near U.S. Route 60, Mesa Riverview, and Sloan Park, the property provides exceptional access to major commuting routes, premier shopping, and spring training entertainment.
The assigned public schools for this address currently hold lower performance ratings, which may be a significant consideration for families prioritizing academic rankings.
Built in 1983, the property and its community infrastructure may require more frequent long-term maintenance or face potential HOA capital improvement assessments compared to newer developments.
Welcome to this beautifully updated, move-in ready end-unit townhome in desirable Mesa. Offering 3 bedrooms & 2 bathrooms, this home features a bright open-concept great room that flows into a well-appointed kitchen w/ granite countertops & ample cabinetry; perfect for everyday living and entertaining. Fresh interior paint creates a clean, modern feel, while inside laundry adds convenience. Enjoy a private courtyard with patio, low-maintenance turf, & extra storage. Residents also enjoy access to a community pool, offering a true Arizona resort-style lifestyle year-round. Ideally situated with quick access to U.S. Route 60, located just minutes from top-tier shopping, dining, and entertainment at Mesa Riverview, as well as spring training excitement at Sloan Park, home of the Chicago Cubs!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 1.8 mi
Grades K-6 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,284 | 1,221 | 52% |
| Lot Size | 98 | 1,594 | 4% |
| Price | $295.0K | $269.0K | 70% |
| Price per sq ft | $230 | $230 | 50% |
| Built year | 1983 | 1979 | 78% |
| HOA | $210 | $247 | 35% |
| Days on market | 12 | 2140 | 4% |
Apr 10, 2026
$295,000
Initial Listing