2040 S LONGMORE -- 55, Mesa, AZ 85202, Mesa, 85202 - 3 bed, 3 bath
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Mesa, AZ 85202
This Renovated End-Unit Townhome is a Strong Value Opportunity, listed at $300,000—positioned well below the $324,969 Fair Market Value by 7%. This valuation gap secures $24,969 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating following a comprehensive 2024 overhaul—including a new roof, new AC system, and remodeled kitchen—the home offers immediate move-in comfort. Residents enjoy premium Dobson Ranch amenities and access to the top-rated Franklin Elementary School (9/10). This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey, high-quality asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 S LONGMORE -- 55 Subject | $300,000* List Price | 3 | 3 | 1,296 | $251 | - |
A 2121 S PENNINGTON -- 44 Sold | $315,000 | 3 | 3 | 1,296 | $243 | 0.1 mi |
B 1718 S LONGMORE -- 95 Sold | $320,000 | 2 | 3 | 1,310 | $244 | 0.6 mi |
C 1718 S LONGMORE Street 50 Sold | $300,000 | 2 | 2 | 1,310 | $229 | 0.6 mi |
D 2040 S LONGMORE -- 9 Active | $279,000 List Price | 2 | 2 | 1,156 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2024, featuring a fully remodeled kitchen with modern black shaker cabinetry, gold hardware, and stainless steel appliances. The update includes new wood-look tile flooring, new carpeting, a new roof, and a new AC system. All interior components appear brand new and meet high-quality contemporary standards, effectively neutralizing the 1981 build year.
Elementary School: Franklin Elementary School (9/10).
The property features significant recent upgrades including a new roof, new AC system, new flooring, and a remodeled kitchen, providing the buyer with modern aesthetics and reduced immediate maintenance costs.
Located in Dobson Glen with access to Dobson Ranch, residents enjoy a premium lifestyle package including multiple pools, lakes, tennis and pickleball courts, and extensive walking paths.
The monthly HOA fee of $526 is relatively high for a property at this price point, which may impact the debt-to-income ratio and overall monthly affordability for potential buyers.
The assigned middle school, Rhodes Junior High, carries a low rating of 2/10, which may be a significant deterrent for families prioritizing high-performing educational districts.
Beautifully updated 3 bed 2.5 bath end-unit townhome located in the highly desirable Dobson Glen community. Major improvements completed in 2024 include new flooring, a new roof, a remodeled kitchen, living room, and a new AC, offering modern style and peace of mind for the next owner. Residents of Dobson Glen have access to an impressive lineup of amenities at Dobson Ranch including multiple community pools, tennis and pickleball courts, playgrounds, walking paths, lakes, picnic areas, recreation centers, and parks designed for both relaxation and recreation. Conveniently located near shopping, dining, and everyday essentials, this home offers the perfect blend of comfort, community, and convenience.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades PK-6 • 1.2 mi
Grades K-6 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 1,296 | 1,221 | 57% |
| Lot Size | 671 | 1,594 | 9% |
| Price | $300.0K | $269.0K | 70% |
| Price per sq ft | $231 | $231 | 50% |
| Built year | 1981 | 1979 | 70% |
| HOA | $526 | $254 | 91% |
| Days on market | 48 | 2140 | 4% |
Mar 5, 2026
$300,000
Initial Listing