1500 W RIO SALADO Parkway 67, Mesa, AZ 85201, Mesa, 85201 - 3 bed, 2 bath
Loading property details...
Mesa, AZ 85201
This Turnkey Townhouse represents a Prime Investment Opportunity, listed at $249,900—positioned well below the $260,101 Fair Market Value by 3%. This valuation gap offers $10,201 in Instant Equity for the buyer. Featuring a Professional Modern Remodel with quartz countertops and stainless appliances, the property maintains a Mint Condition Rating. The efficient 1,166 sqft layout includes a secluded private patio, offering a low-maintenance lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1500 W RIO SALADO Parkway 67 Subject | $255,000* List Price | 3 | 2 | 1,166 | $252 | - |
A 1500 W RIO SALADO Parkway 106 Sold | $250,000 | 2 | 2 | 1,100 | $227 | 0.1 mi |
B 1455 N ALMA SCHOOL Road 13 Sold | $250,000 | 2 | 2 | 1,130 | $221 | 0.9 mi |
C 1500 W RIO SALADO Parkway 124 Active Under Contract | $248,000 List Price | 3 | 2 | 1,100 | $225 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1974 build date, the property has undergone a recent comprehensive renovation by a licensed contractor. The kitchen is completely redone with modern white cabinets, quartz countertops, and stainless appliances. Both bathrooms feature new vanities and fixtures, and the interior has fresh paint and new carpet throughout, meeting the criteria for a recent renovation in mint condition.
The property has been recently updated by a licensed contractor with a brand-new kitchen featuring quartz countertops, stainless steel appliances, and updated bathrooms, providing a move-in-ready experience.
Priced at $249,900 for a three-bedroom home, this property offers significant value and affordability within the Mesa market for first-time buyers or investors.
The 1,166 square foot layout is efficiently designed with three bedrooms, ample natural light in the living areas, and a secluded private patio for outdoor relaxation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =867, other record lot size in square feet = 797. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1166, other record living area = 1100. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1974, the property may have older underlying mechanical, electrical, or plumbing systems that were not addressed in the recent cosmetic renovation.
With a lot size of only 867 square feet, the property lacks a traditional yard, which may be a drawback for buyers with pets or those desiring more exterior space.
WOW! This home has recently been remodeled by a licensed contractor. The home features fresh paint, new carpet, and updated fixtures throughout. Walk in to a spacious living room filled with natural light. The kitchen has been completely redone with new white cabinets, quartz counter tops, stainless steel appliances, and new hardware. All bedrooms boast new carpet, fresh paint, and new light fixtures. Both bathrooms have been updated with new vanities, counter tops, and fixtures. Enjoy the secluded private patio!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 77% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,166 | 1,130 | 71% |
| Lot Size | 867 | 819 | 52% |
| Price | $255.0K | $221.0K | 65% |
| Price per sq ft | $219 | $221 | 48% |
| Built year | 1974 | 1985 | 19% |
| HOA | $197 | $189 | 74% |
| Days on market | 10 | 2664 | 3% |
Jun 5, 2026
$255,000
$249,900
+2% Price Increase
Initial Listing
May 27, 2026
$249,900
Initial Listing