1951 N 64TH Street 56, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Well-Maintained 55+ Townhouse is a High-Potential Investment Opportunity, listed at $239,990—positioned well below the $280,922 Fair Market Value by 14%. This valuation gap provides $40,932 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional layout with a private patio, requiring only cosmetic updates to maximize value. Residents enjoy recent HOA upgrades like new roofs and access to a heated pool. Near the Loop 202 and Franklin Elementary (9/10), it is perfect for Active Adult Buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1951 N 64TH Street 56 Subject | $239,990* List Price | 2 | 2 | 1,104 | $214 | - |
A 1951 N 64th Street 19 Sold | $202,000 List Price | 2 | 2 | 1,113 | 0.0 mi | |
B 1951 N 64TH Street 69 Sold | $206,000 List Price | 2 | 2 | 921 | 0.0 mi | |
C 1951 N 64TH Street 19 Active | $235,000 List Price | 2 | 2 | 1,113 | $211 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but reflects its 1986 construction with mostly original or dated interior features. The kitchen contains older oak-style cabinetry, laminate countertops, and a dated fluorescent light box. While the HOA has recently updated major exterior components like the roof and paint, the interior requires cosmetic modernization and appliance updates to meet current market standards.
Elementary School: Franklin Elementary School (9/10).
The HOA has recently completed significant community upgrades including new roofs, fresh exterior paint, and newly paved roads, offering buyers enhanced value and reduced near-term maintenance concerns.
Located in a desirable 55+ community, the property features excellent lifestyle amenities such as a heated pool and spa, shaded social areas, and a dedicated fenced pet area.
The 55+ community designation limits the potential buyer pool to a specific demographic, which can result in a longer resale period compared to traditional residential neighborhoods.
Built in 1986, the property may require interior cosmetic updates or mechanical system evaluations to align with modern energy efficiency and design trends.
Located in the charming 55+ community of Red Mountain Villas, this well-maintained home offers comfort, convenience, and easy living in a beautifully kept neighborhood. Residents enjoy access to wonderful community amenities including a heated pool and spa, shaded ramadas for gathering, and a fenced, dedicated pet area for your four-legged companions. The HOA has recently made significant improvements to the community, including newly paved roads, freshly painted home exteriors, and updated roofs, adding both value and peace of mind. Ideally situated just minutes from the Loop 202, the home provides quick access to dining, shopping, golf courses, and everyday conveniences. A perfect opportunity to enjoy low-maintenance living in a welcoming active adult community.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 4.5 mi
Grades K-6 • 6.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,104 | 1,291 | 29% |
| Lot Size | 1,419 | 1,419 | 50% |
| Price | $240.0K | $0 | 64% |
| Price per sq ft | $217 | $0 | 64% |
| Built year | 1986 | 1988 | 29% |
| HOA | $255 | $165 | 86% |
| Days on market | 117 | 2039 | 7% |
Feb 19, 2026
$239,990
Initial Listing