2040 S LONGMORE -- 9, Mesa, AZ 85202, Mesa, 85202 - 2 bed, 2 bath
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Mesa, AZ 85202
This Renovated Dobson Ranch Townhouse is a Prime Investment Opportunity, listed at $279,000—positioned well below the $288,667 Fair Market Value by 3%. This valuation gap provides $9,667 in Instant Equity for incoming buyers. Boasting an Excellent Condition Rating, the interior features a brand-new kitchen with shaker cabinets, updated bathrooms, and a versatile enclosed loft suitable for a third bedroom. Residents enjoy premier Dobson Ranch amenities and access to the 9/10 rated Franklin Elementary School. This turnkey asset is ideal for first-time buyers or Buy-and-Hold Investors seeking a high-quality, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 S LONGMORE -- 9 Subject | $279,000* List Price | 2 | 2 | 1,156 | $250 | - |
A 2121 S PENNINGTON -- 44 Sold | $315,000 | 3 | 3 | 1,296 | $243 | 0.2 mi |
B 1718 S LONGMORE Street 50 Sold | $300,000 | 2 | 2 | 1,310 | $229 | 0.6 mi |
C 1718 S LONGMORE -- 95 Sold | $320,000 | 2 | 3 | 1,310 | $244 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that includes a brand-new kitchen with shaker cabinets and stainless steel appliances, fully updated bathrooms with new plumbing, a new electrical panel, and new windows. With fresh paint, modern flooring, and updated light fixtures throughout, the home is in like-new condition with no deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
The property features significant recent upgrades including a new kitchen with shaker cabinets and stainless appliances, updated bathrooms, new windows, and a new electrical panel, ensuring a move-in-ready experience.
Located in Dobson Ranch, residents enjoy access to an unparalleled array of amenities including seven lakes, four pools, pickleball and tennis courts, and extensive walking paths.
The monthly HOA fee of $449 is relatively high for the price point, which may impact the monthly carrying costs and overall affordability for budget-conscious buyers.
The property is zoned for local schools with lower academic ratings, particularly the junior high, which may be a drawback for families and could influence long-term resale value.
Don't miss this beautifully updated condo with all the amenities of Dobson Ranch! Enjoy your new kitchen with soft-close shaker cabinets, new countertops, stainless steel appliances, tile backsplash, and new lighting, as well as fresh paint throughout, new windows, new electrical panel, and bathroom renovations including plumbing updates. Enclosed loft space can be used as office or 3rd bedroom. The complex features 2 pools and 2 spas, plus explore the 65 community spaces Dobson Ranch has to offer. Featuring 7 lakes, 4 pools, 3 recreation centers, pickleball courts, tennis courts, fishing, bike paths and walking paths all at your fingertips. With close freeway access to anywhere in the Valley you need to go, this move-in ready unit won't last long.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades PK-6 • 1.0 mi
Grades K-6 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,156 | 1,160 | 35% |
| Lot Size | 525 | 1,594 | 9% |
| Price | $279.0K | $269.0K | 52% |
| Price per sq ft | $241 | $234 | 57% |
| Built year | 1981 | 1979 | 70% |
| HOA | $449 | $254 | 91% |
| Days on market | 30 | 2140 | 4% |
Mar 23, 2026
$279,000
Initial Listing