205 N 74TH Street 205, Mesa, AZ 85207, Mesa, 85207 - 2 bed, 2 bath
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Mesa, AZ 85207
This spacious Mesa townhouse is a Strong Value Opportunity, listed at $235,000—positioned well below the $254,470 Fair Market Value by 7%. This valuation gap provides $19,470 in Instant Equity. Boasting a Good Condition Rating, the unit features vaulted ceilings, new vinyl plank flooring, and a new building roof. Residents benefit from three community pools and proximity to the top-rated Franklin Elementary School (9/10). This versatile property is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or Buy-and-Hold Investors looking for a stable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 N 74TH Street 205 Subject | $235,000* List Price | 2 | 2 | 1,342 | $190 | - |
A 205 N 74TH Street 139 Active | $225,000 List Price | 2 | 4 | 1,342 | $168 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the 'good' criteria despite being 23 years old. It features significant recent updates including new vinyl plank flooring throughout, a new building roof, and a one-year-old water heater and laundry set. While the bathroom and kitchen cabinetry and fixtures appear to be original from the 2001 construction, they are functional and clean, and the vaulted ceilings and updated flooring provide a modern feel.
Elementary School: Franklin Elementary School (9/10).
The property features a new building roof and one-year-old essential appliances, including the washer, dryer, and hot water tank, offering peace of mind and reduced immediate capital expenditures.
With 1,342 square feet, vaulted ceilings, and a dedicated bonus room, this floor plan provides exceptional flexibility for a home office, fitness area, or hobby space compared to standard two-bedroom units.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1342, other record living area = 1150.
As a second-floor unit, the property lacks ground-level access, which may be a drawback for buyers prioritizing mobility or ease of entry.
The unit includes only one reserved carport, which could be a limitation for multi-vehicle households despite the availability of guest parking.
For Lease or For Sale! Welcome to this spacious second-floor condo. This bright and open 1,342 sq ft condo features vaulted ceilings, abundant natural light, and beautiful vinyl plank flooring throughout. A versatile bonus room provides the perfect space for a home office, workout room, or flex space. Home Features • 2 Beds / 2 Baths • 1 Reserved Carport With Plenty of Guest Parking • Spacious open floor plan • Vaulted ceilings in the living room • Large kitchen with ample cabinets & countertops • Gas range, refrigerator, dishwasher & built-in microwave • Kitchen peninsula overlooking the living room • Private bathroom in primary Washer & Dryer, 1 year old, hot water tank is 1 yr. old. & Building has a new roof. Community amenities included 3 pools, a spa, a clubhouse, and
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-6 • 3.6 mi
Grades K-6 • 7.2 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 | 1,342 | 1,503 | 26% |
| Lot Size | 140 | 1,573 | 11% |
| Price | $235.0K | $245.0K | 47% |
| Price per sq ft | $175 | $227 | 37% |
| Built year | 2001 | 2002 | 42% |
| HOA | $300 | $215 | 74% |
| Days on market | 8 | 2422 | 5% |
Apr 14, 2026
$235,000
Initial Listing