2831 E SOUTHERN Avenue 216, Mesa, AZ 85204, Mesa, 85204 - 3 bed, 2 bath
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Mesa, AZ 85204
This Move-In Ready Townhome represents a High-Potential Investment Opportunity, listed at $324,000—positioned below the $333,079 Fair Market Value by 2%. This valuation gap provides $9,079 in Instant Equity for buyers. Boasting a Good Condition Rating, the interior features an updated Granite Kitchen and desirable Mountain Views. Residents enjoy a gated community with a Resort-Style Pool and proximity to Top-Rated Schools like Franklin Junior High (10/10). This property is a premier choice for Owner-Occupants or growing families seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2831 E SOUTHERN Avenue 216 Subject | $324,000* List Price | 3 | 2 | 1,400 | $238 | - |
A 2565 E Southern Avenue 3 Sold | $303,623 | 2 | 2 | 1,142 | $266 | 0.4 mi |
B 2565 E SOUTHERN Avenue 24 Pending | $385,000 List Price | 3 | 2 | 1,488 | $259 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained. Built in 2004, it sits right at the 20-year mark, meeting the age criteria for a 'good' rating. The kitchen has been updated with granite countertops, a modern mosaic tile backsplash, and stainless steel appliances. The flooring and fixtures appear to be in good condition with no visible signs of deferred maintenance, and the community amenities are well-kept.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The property is situated within a secure gated community offering resort-style living, including a sparkling community pool and professionally maintained common areas that provide peace of mind and a high quality of life.
The home is exceptionally well-located for families, with proximity to several high-performing schools such as Franklin Elementary and Franklin Junior High, which carry elite ratings of 9 and 10.
The association fee of $275 per month represents a significant recurring expense that buyers must factor into their debt-to-income ratio and overall monthly housing budget.
With a lot size of just 1,422 square feet, the property offers minimal private yard space, which may be a drawback for pet owners or those seeking a traditional outdoor garden area.
Enjoy resort-style living in this beautifully maintained 3 bedroom, 2 bath townhome in gated community. Featuring a sparkling community pool, perfect for relaxing and entertaining. Residents appreciate the added privacy, security, and peace of mind that comes with gated access, along with well-kept common areas and a welcoming neighborhood atmosphere. Ideally located near shopping, dining, parks, and freeway access, this community offers both convenience and lifestyle. Experience low-maintenance living with amenities designed for comfort and enjoyment.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades K-6 • 1.5 mi
Grades PK-6 • 2.6 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 | 1,400 | 1,118 | 78% |
| Lot Size | 1,422 | 2,843 | 22% |
| Price | $324.0K | $310.0K | 56% |
| Price per sq ft | $231 | $266 | 44% |
| Built year | 2004 | 2004 | 50% |
| HOA | $275 | $135 | 78% |
| Days on market | 53 | 2036 | 11% |
Feb 28, 2026
$324,000
Initial Listing