2101 S MERIDIAN Road 387, Apache Junction, AZ 85120, Apache Junction, 85120 - 2 bed, 2 bath
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2101 S MERIDIAN Road 387
Apache Junction, AZ 85120
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,710Sq Ft
5,526Lot Size
Property Price
LIST PRICE$385,000
EST. MARKET VALUE
$359,989
6% AboveMARKET VALUE
SUMMARY
This 55+ Residential Single Family Residence is a Strong Value Opportunity, listed at $385,000—positioned well below the $359,989 Fair Market Value by -6%. Featuring a Fair Condition Rating, this home offers a functional layout with a den/Murphy bed and a fully fenced backyard with a covered patio. While the HVAC system is aging, the land ownership and low HOA fees provide long-term stability. This property is an ideal acquisition for Retirees or Owner-Occupants seeking a well-maintained, age-restricted community lifestyle.
Estimated Market Value
$359,989
Based on Realkey algorithm analyzing recent comparable sales in Apache Junction.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2101 S MERIDIAN Road 387 Subject | $385,000* List Price | 2 | 2 | 1,710 | $211 | - |
A 2101 S Meridian Road 431 Sold | $314,000 | 2 | 2 | 1,425 | $220 | 0.0 mi |
B 2101 S MERIDIAN Road 172 Sold | $305,000 | 2 | 2 | 1,598 | $191 | 0.2 mi |
C 2101 S MERIDIAN Road 274 Sold | $360,000 | 3 | 2 | 1,691 | $213 | 0.2 mi |
D 2101 S Meridian Road 164 Sold | $395,000 | 2 | 2 | 1,400 | $282 | 0.3 mi |
E 2227 S PALO VERDE Drive Sold | $369,000 | 3 | 2 | 1,414 | $261 | 0.3 mi |
F 1843 W RENAISSANCE Avenue Sold | $369,900 | 3 | 2 | 1,369 | $270 | 0.5 mi |
G 1387 W 18th Avenue Sold | $285,000 | 3 | 2 | 1,264 | $225 | 0.8 mi |
H 1462 W 19TH Avenue Sold | $309,900 | 3 | 2 | 1,265 | $245 | 0.7 mi |
I 2101 S MERIDIAN Road 391 Active | $395,000 List Price | 2 | 2 | 1,725 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 2003, making it over 20 years old. While the listing describes it as well-maintained and move-in ready, the kitchen and bathrooms feature dated oak-style cabinetry and older white appliances. The HVAC system is approximately 11-13 years old, approaching the end of its typical lifespan. Per the criteria, the age and dated finishes place this in the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Land Ownership & Low Fees
Unlike many age-restricted communities, residents own the land here, and the exceptionally low $92 monthly HOA fee provides significant long-term financial value.
- Versatile Living Space
The inclusion of a den featuring a Murphy bed and French doors offers a functional third-bedroom option for guests without sacrificing the home's open feel.
- Enhanced Outdoor Amenities
The property boasts a fully fenced backyard with a built-in BBQ, electric full-extension awning, and mature shade trees, creating a premium space for desert entertaining.
CONSRISKS & DEFICIENCIES
- Aging HVAC System
The A/C unit was installed in 2013; given the intense Arizona heat, a system of this age may be nearing the end of its optimal lifespan and require future capital investment.
- Market Demographic Restrictions
As a 55+ age-restricted community, the pool of potential buyers is significantly limited, which can result in a longer sales cycle compared to non-restricted neighborhoods.
About 2101 S MERIDIAN Road 387
Welcome to this inviting home in the desirable 55+ community of Meridian Manor in Apache Junction. This well-maintained 2 bedroom,+ DEN, 2 bathroom residence offers upgraded cabinets, granite overlay countertops, all appliances including refrigerator & Washer/Dryer, Laminate wood & tile flooring throughout, front den has a nice murphy bed & french doors for privacy for guests, Large 2 1/2 car garage with extras space & Work area/storage, New A/C in May 2013, nice fully fenced back yard with covered patio, electric full extension awning for sunny afternoons, Built-in BBQ & Lush shade trees. You'll love all that this community has to offer for a reasonable monthly fee and you own the land! Well maintained, clean & ready to move-in.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 5,526 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $92 / Month
Neighborhood Insights
Apache Junction Unified Schools
Superstition Mountain Elementary School
Grades PK-6 • 1.1 mi
0/10
Four Peaks Elementary School
Grades PK-6 • 2.9 mi
3/10
Cactus Canyon Junior High School
Grades 7-8 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,710 | 1,607.5 |
| Lot Size | 5,526 | 5,262.5 |
| Price | $385.0K | $427.2K |
| Price per sq ft | $225 | $257 |
| Built year | 2003 | 2026 |
| HOA | $92 | $150 |
| Days on market | 31 | 80 |
Pricing History
Listed for Sale
Aug 9, 2026
$385,000
Initial Listing