
Mesa, AZ 85215
This Value-Add Single-Family Residence is a Prime Investment Opportunity, listed at $350,000—positioned well below the $358,845 Fair Market Value by 2%. This valuation gap offers $8,845 in Instant Equity. Despite a Condition Rating of 4, the property features a 2019 roof, dual-pane windows, a patio, and an oversized RV-height garage. Located in the premier Apache Wells community near the 9/10 rated Franklin Elementary, it offers significant upside through cosmetic modernization. This is a strategic acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2136 N STOCKTON Place Subject | $350,000* List Price | 2 | 2 | 1,522 | $236 | - |
A 2245 N SHANNON Way Sold | $269,900 List Price | 2 | 2 | 1,520 | 0.7 mi | |
B 2234 N Stockton Place Active | $350,000 List Price | 2 | 2 | 1,377 | $254 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and functional but significantly outdated, consistent with its 1976 construction. While it benefits from major structural updates like a new roof (2019) and dual-pane windows (2018), the interior features original or older oak cabinetry, laminate countertops, white appliances, popcorn ceilings, and dated wallpaper borders. It is move-in ready but requires cosmetic modernization to meet current market standards.
Elementary School: Franklin Elementary School (9/10).
Situated in the highly sought-after Apache Wells active retirement community near the clubhouse, offering an exceptional lifestyle and prime location within the neighborhood.
The home features a newer roof installed in 2019 and dual-pane window upgrades from 2018, providing essential structural value and improved energy efficiency.
The property is priced to reflect its original 1976 condition, necessitating a significant additional investment for modern updates and custom renovations.
While functional, the interior finishes and layout likely reflect the home's age, which may not appeal to buyers looking for a move-in-ready, contemporary living space.
Located near the clubhouse in the highly sought-after Apache Wells active retirement community, this 2-bed, 2-bath home offers updates including a new roof in 2019 and dual-pane window upgrades in 2018. The spacious 1,522-square-foot floor plan is expanded by a 120-square-foot enclosed Arizona room, perfect for year-round lounging. An attached oversized garage with RV-height potential, supplemented by a carport and two separate driveways. Offered fully furnished and priced to allow for your custom renovations, this home is a rare opportunity to build instant equity in a premier location.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 4.4 mi
Grades K-6 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,522 | 1,891 | 16% |
| Lot Size | 5,934 | 7,338.5 | 31% |
| Price | $350.0K | $424.0K | 49% |
| Price per sq ft | $230 | $225 | 51% |
| Built year | 1976 | 1994 | 4% |
| HOA | $480 | $115 | 82% |
| Days on market | 61 | 2148 | 1% |
Feb 20, 2026
$350,000
Initial Listing