2221 W FARMDALE Avenue 17, Mesa, AZ 85202, Mesa, 85202 - 3 bed, 2 bath
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Mesa, AZ 85202
This Updated Starter Townhouse is a Strong Value Opportunity, listed at $225,000—positioned well below the $246,189 Fair Market Value by 8%. This valuation gap provides $21,189 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the interior features new porcelain tile flooring, fresh paint, and a newer HVAC system (2021). With access to the 9/10 rated Franklin Elementary School and a private paved back patio, this home balances immediate comfort with financial upside. It is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors seeking a turnkey rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2221 W FARMDALE Avenue 17 Subject | $225,000* List Price | 3 | 2 | 1,056 | $233 | - |
A 1051 S DOBSON Road 82 Sold | $265,000 | 3 | 2 | 1,160 | $228 | 0.4 mi |
B 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.3 mi |
C 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.3 mi |
D 1051 S DOBSON Road 40 Sold | $280,700 | 3 | 2 | 1,160 | $242 | 0.3 mi |
E 1051 S DOBSON Road 74 Sold | $259,000 | 3 | 2 | 1,289 | $201 | 0.4 mi |
F 930 S DOBSON Road 80 Sold | $185,000 | 2 | 2 | 923 | $200 | 0.3 mi |
G 600 S DOBSON Road 88 Active | $235,000 List Price | 3 | 1 | 988 | $238 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant recent functional and cosmetic updates, including new porcelain tile flooring throughout, fresh interior paint, and a newer HVAC system installed in 2021. While the kitchen features older dark wood cabinetry and white electric appliances, the components are well-maintained and functional. The bathrooms are partially updated, and the overall interior presents a clean, refreshed appearance that meets the criteria for a well-maintained home without immediate renovation needs.
Elementary School: Franklin Elementary School (9/10).
The property features a newer HVAC system installed in 2021, fresh interior paint, and new porcelain tile flooring throughout, significantly reducing immediate move-in costs.
Situated with excellent proximity to the US-60 and Loop 101, this home offers residents lightning-fast commutes and easy access to the broader Phoenix metropolitan area.
The home is being sold strictly in as-is condition, which may require the buyer to assume responsibility for any deferred maintenance or necessary repairs discovered during inspections.
With three bedrooms but only 1.5 bathrooms, the layout may be less convenient for larger households or roommates compared to more modern 3-bedroom, 2-bathroom configurations.
Price to Sell. Home being SOLD AS IS! Stop renting and start investing! This spacious 3-bedroom, 1.5-bathroom townhome is the best deal on the market, offering the perfect blend of modern updates and unbeatable location. The interior shines with fresh paint and new porcelain tile flooring throughout. Enjoy peace of mind with a newer HVAC system (installed 2021) and partially updated bathrooms. The open floor plan flows seamlessly to a private, paved back patio--ideal for low-maintenance outdoor living. Located in the Pace East community, you'll have access to a sparkling pool and lightning-fast commutes via the US-60 and Loop 101. Whether you're looking for a turnkey starter home or a high-performing rental, this is it!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 3.0 mi
Grades K-6 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,160 | 26% |
| Lot Size | 1,843 | 1,634 | 87% |
| Price | $225.0K | $269.0K | 26% |
| Price per sq ft | $213 | $229 | 35% |
| Built year | 1974 | 1974 | 50% |
| HOA | $273 | $254 | 61% |
| Days on market | 55 | 2140 | 4% |
Feb 26, 2026
$225,000
Initial Listing
Mar 13, 1998
$57,500
Public Record