2040 S LONGMORE Street 40, Mesa, AZ 85202, Mesa, 85202 - 2 bed, 2 bath
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Mesa, AZ 85202
This Move-in Ready Townhouse is a Strong Value Opportunity, listed at $210,000—positioned well below the $214,251 Fair Market Value by 2%. This valuation gap offers $4,251 in Instant Equity. Featuring a three-level layout, private courtyard, and access to a sparkling pool and spa, the property maintains a Condition Rating of 4. While the school district performance varies, the location provides excellent freeway access. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 S LONGMORE Street 40 Subject | $210,000* List Price | 2 | 2 | 1,200 | $179 | - |
A 2040 S LONGMORE -- 9 Sold | $177,000 | 3 | 2 | 1,296 | $137 | 0.1 mi |
B 2312 W LINDNER Avenue 23 Sold | $256,000 | 3 | 2 | 1,386 | $185 | 0.8 mi |
C 2040 S Longmore -- 73 Active | $210,000 List Price | 2 | 2 | 1,156 | $182 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is over 40 years old. While the listing mentions it is 'move-in ready' and features stainless steel appliances and tile flooring, the interior remains dated with popcorn ceilings and basic bathroom fixtures. It lacks a comprehensive recent renovation (within 15 years) to qualify as 'Good,' but does not show the structural or safety defects required for a 'Poor' rating.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated in the desirable Dobson Ranch community, this property offers exceptional access to the AZ-101 and AZ-60 freeways, as well as proximity to the Dobson Ranch Golf Course and local shopping.
The unique three-level floor plan features a third-story loft and an open-concept main floor, providing flexible space for a home office, gym, or additional living area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1156.
The association fee of $503 per month is relatively high for this price point, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
The assigned junior high and high schools carry lower performance ratings (2/10 and 4/10 respectively), which could limit the property's appeal to families with school-aged children.
Move-in ready townhouse in Dobson Glen, nestled within the sought-after Dobson Ranch community! This inviting residence features a gated courtyard. Step inside to an open floor plan with tile flooring, a bright living room with sliding doors to the front patio, and a dining area. The kitchen is equipped with generous counter space and storage, stainless steel appliances, and breakfast bar. The 2nd level offers two bedrooms; the primary suite boasts a large walk-in closet and direct access to the shared bathroom. The 3rd level has a versatile loft. Additional highlights include an in-unit laundry room, assigned carport parking, and a sparkling pool with spa. Exceptional location near Dobson Ranch Golf Course, markets, and easy access to AZ-101 and AZ-60. Don't miss this opportunity!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades PK-6 • 1.1 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 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,200 | 1,221 | 47% |
| Lot Size | 520 | 1,590 | 6% |
| Price | $210.0K | $265.0K | 29% |
| Price per sq ft | $175 | $228 | 18% |
| Built year | 1981 | 1974 | 71% |
| HOA | $503 | $224 | 94% |
| Days on market | 11 | 2198 | 6% |
Jun 8, 2026
$210,000
Initial Listing