2834 S Extension Road 2042, Mesa, AZ 85210, Mesa, 85210 - 1 bed, 1 bath
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2834 S Extension Road 2042
Mesa, AZ 85210
ACTIVE
CONDITION: FAIR
1Beds
1Baths
936Sq Ft
941Lot Size
Property Price
LIST PRICE$199,000
EST. MARKET VALUE
$188,731
5% AboveMARKET VALUE
SUMMARY
This townhouse presents a Strong Value Opportunity with a List Price of $199,000—positioned slightly above the $188,732 Fair Market Value. While the property carries a Fair Condition Rating due to its 1984 vintage, it offers significant Value-Add Potential through a possible two-bedroom conversion. Located near Top-Rated Schools like Franklin Elementary (9/10), this asset provides an accessible entry point into the Mesa market. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic modernization.
Estimated Market Value
$188,731
Based on Realkey algorithm analyzing recent comparable sales in Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2834 S Extension Road 2042 Subject | $199,000* List Price | 1 | 1 | 936 | $202 | - |
A 623 W GUADALUPE Road 257 Sold | $190,000 | 2 | 2 | 898 | $212 | 0.3 mi |
B 533 W GUADALUPE Road 1066 Sold | $170,000 | 2 | 2 | 828 | $205 | 0.5 mi |
C 533 W GUADALUPE Road 1132 Pending | $195,000 List Price | 2 | 2 | 828 | $236 | 0.4 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 1984, making it over 40 years old. According to the criteria, properties over 20 years that are dated fall into the 'Fair' category. The exterior appears functional but reflects its original 1980s design, while the garage shows signs of neglect, debris, and staining. Given the age and lack of mentioned renovations, the kitchen, bathrooms, and major systems (HVAC/Electric) are likely dated and approaching the end of their functional lifespan, requiring updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Value-Add Potential
The property offers a unique opportunity to increase equity by converting the existing layout into a two-bedroom configuration, following the successful precedent set by similar units in the community.
- Strong Educational Proximity
The home is situated near highly-rated schools, including Franklin Elementary and Summit Academy, which carry ratings of 9 and 8 respectively, adding significant long-term value.
CONSRISKS & DEFICIENCIES
- Limited Initial Bedroom Count
As a current one-bedroom unit, the property may face a more restricted buyer pool and lower immediate rental demand compared to standard multi-bedroom residences.
- Aging Infrastructure
Constructed in 1984, the property may require capital improvements or modernization of major systems and cosmetic finishes to meet contemporary buyer expectations.
About 2834 S Extension Road 2042
1 bed 1 bathroom home in convenient location! Can possibly be converted to a 2 bedroom as similar units in this community have done.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1984
- Lot Size
- 941 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $258 / Month
Neighborhood Insights
Mesa Unified Schools
Crismon Elementary School
Grades PK-6 • 0.5 mi
5/10
Franklin West Elementary School
Grades K-6 • 3.4 mi
8/10
Franklin Elementary School
Grades K-6 • 4.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 936 | 1,205.544 |
| Lot Size | 941 | 1,456.967 |
| Price | $199.0K | $298.7K |
| Price per sq ft | $213 | $244 |
| Built year | 1984 | 1988 |
| HOA | $258 | $227 |
| Days on market | 5 | 61 |
Pricing History
Listed for Sale
Sep 4, 2026
$199,000
Initial Listing