2121 S PENNINGTON Street 2, Mesa, AZ 85202, Mesa, 85202 - 3 bed, 3 bath
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Mesa, AZ 85202
This Move-In Ready Townhome represents a Strong Value Opportunity, listed at $265,000—positioned well below the $293,442 Fair Market Value by 9%. This valuation gap provides $28,442 in Instant Equity. Featuring a modern kitchen with quartz counters and an end-unit layout, the property maintains a Condition Rating of 3. While the HOA fee is notable, the resort-style Dobson Ranch amenities and proximity to Franklin Elementary (9/10) offer significant lifestyle value. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a balanced, turnkey residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 S PENNINGTON Street 2 Subject | $265,000* List Price | 3 | 3 | 1,296 | $226 | - |
A 2121 S PENNINGTON -- 44 Sold | $315,000 | 3 | 3 | 1,296 | $243 | 0.1 mi |
B 2312 W LINDNER Avenue 23 Sold | $256,000 | 3 | 2 | 1,386 | $185 | 0.7 mi |
C 1718 S LONGMORE -- 95 Sold | $320,000 | 2 | 3 | 1,310 | $244 | 0.7 mi |
D 1718 S LONGMORE -- 95 Sold | $320,000 | 3 | 3 | 1,310 | $244 | 0.7 mi |
E 1718 S LONGMORE Street 50 Sold | $300,000 | 2 | 2 | 1,310 | $229 | 0.7 mi |
F 2040 S LONGMORE -- 55 Active | $300,000 List Price | 3 | 3 | 1,296 | $231 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980 but significantly updated with a modern kitchen featuring quartz countertops, subway tile backsplash, and recessed lighting. The home includes newer wood-look flooring and updated paint, making it move-in ready, although some original elements like popcorn ceilings and older closet doors persist.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Residents benefit from the extensive Dobson Ranch amenities, including multiple recreation centers, lakes, swimming pools, and sports courts, providing an active and high-value lifestyle.
The property features desirable contemporary finishes such as quartz countertops, wood-look flooring, and a remodeled kitchen, making it move-in ready for the next owner.
The monthly HOA fee of $526 is significantly high relative to the listing price, which may impact buyer affordability and debt-to-income ratios.
The assigned middle and high schools carry low performance ratings (2/10 and 4/10), which could be a deterrent for families and potentially affect long-term appreciation.
Seize the chance to own this end-unit townhome in Dobson Glen with Dobson Ranch amenities! You're welcomed by a serene living room with a soothing palette, wood-look flooring, a wet bar, and an inviting fireplace for cozy evenings. The well-appointed kitchen comes with quartz counters, ample cabinetry, recessed lighting, a tile backsplash, built-in appliances, and a practical pass-through with a breakfast bar for casual dining. The main bedroom includes soft carpeting, a private bathroom, and a convenient walk-in closet. Unwind at the end of a long day on the back patio. The Community boasts lush green spaces, serene lake views, parks, and well-maintained common areas. Don't miss out on this fantastic opportunity! Dobson Ranch amenities include: *Multiple recreation centers * Tennis courts * Pickleball courts * Swimming pools * Splash pads * Basketball courts * Lakes and walking paths * Community events * Club activities * Parks and playgrounds
No exterior & parking available.
Grades K-6 • 0.7 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 | 70% |
| Square foot | 1,296 | 1,292.5 | 50% |
| Lot Size | 662 | 1,592 | 10% |
| Price | $265.0K | $272.9K | 50% |
| Price per sq ft | $204 | $223 | 40% |
| Built year | 1980 | 1977 | 55% |
| HOA | $526 | $238 | 90% |
| Days on market | 8 | 2238 | 5% |
May 29, 2026
$265,000
Initial Listing