
Mesa, AZ 85203
This Spacious Three-Bedroom Townhouse provides a rare opportunity for affordable homeownership in Mesa, listed at $348,400—positioned near its $341,341 Fair Market Value. Boasting a Condition Rating of 4, the home features an inviting open-concept design with vaulted ceilings, a private patio, and a highly desirable two-car garage. Residents benefit from the top-tier Franklin Elementary School (9/10) and extensive community amenities including a pool and sports court. This residence is perfectly suited for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle in a well-established community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1550 N STAPLEY Drive 48 Subject | $348,400* List Price | 3 | 2 | 1,490 | $229 | - |
A 834 E FOUNTAIN Street 4 Active | $250,000 List Price | 2 | 2 | 1,152 | $217 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this property is well-maintained but largely reflects its original era with some partial updates. While the kitchen features upgraded stone countertops and the primary shower has been renovated, the home retains dated oak cabinetry, older white and mismatched appliances, and carpet in the bathroom vanity area. It fits the 'fair' criteria as an aged home that is functional and move-in ready but shows significant signs of being outdated and would require minor to moderate updates to meet modern quality standards.
Elementary School: Franklin Elementary School (9/10).
Priced competitively under $350,000 for a three-bedroom layout, this residence offers one of the most affordable entry points into the desirable Three Fountains community.
The comprehensive HOA fee covers water, sewer, and exterior maintenance, providing a convenient 'lock-and-leave' experience ideal for busy professionals or seasonal residents.
The property is zoned for local middle and high schools with low performance ratings (2/10 and 3/10), which may deter families and impact future appreciation.
Built in 1986, the home may require additional capital investment for modernizing older systems and finishes to meet current energy efficiency and aesthetic standards.
Easy to show, instant access! Come and see one of the most affordable homes available in the highly sought-after Three Fountains community! This charming residence features an inviting open concept with vaulted ceilings and an abundance of natural light. The seamless flow from the great room to the dining area and into the kitchen creates a spacious yet cozy atmosphere perfect for everyday living. The primary suite offers it's own vaulted ceiling, a generous walk-in closet and upgraded shower. Enjoy the convenience of a two car garage to keep your vehicles out of the heat. Start your mornings with a cup of coffee or unwind in the evening on your private patio. Three Fountains offers fantastic amenities including a multi-use sports court, playground, and pool. With the HOA covering water, sewer, exterior maintenance and common-area upkeep, low-maintenance living has never been easier. If you are looking for comfort, convenience, and value all in one place, this is the home for you.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.3 mi
Grades K-6 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,490 | 1,490 | 50% |
| Lot Size | 198 | 2,348 | 33% |
| Price | $348.4K | $275.0K | 67% |
| Price per sq ft | $234 | $234 | 50% |
| Built year | 1986 | 1979 | 67% |
| HOA | $340 | $257 | 67% |
| Days on market | 154 | 198 | 33% |
Nov 19, 2025
$348,400
Initial Listing