4202 E BROADWAY Road 199, Mesa, AZ 85206, Mesa, 85206 - 2 bed, 2 bath
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Mesa, AZ 85206
This Premium Resort-Style Patio Home is listed at $437,900, representing a stable entry into the exclusive Verde Groves 55+ community near its $420,013 Fair Market Value. Boasting a Good Condition Rating, the interior features dual master suites, updated granite finishes, and an extended garage. The property is situated on a premium greenbelt lot, offering a maintenance-free "lock and leave" lifestyle supported by a 10,000 sq. ft. clubhouse and proximity to the 10/10 rated Franklin Junior High School. This turnkey residence is an ideal match for Active Adults or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4202 E BROADWAY Road 199 Subject | $437,900* List Price | 2 | 2 | 1,518 | $277 | - |
A 4202 E BROADWAY Road 143 Sold | $350,000 | 2 | 2 | 1,206 | $290 | 0.1 mi |
B 25 S QUINN Circle 57 Sold | $345,000 | 2 | 2 | 1,269 | $272 | 0.6 mi |
C 4202 E BROADWAY Road 95 Active | $360,000 List Price | 2 | 2 | 1,632 | $221 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2002-built patio home is in move-in ready condition and has been well-maintained with several key updates. The kitchen and bathrooms have been upgraded with granite countertops and stainless steel appliances, and the main living areas feature modern wood-look flooring. While the oak cabinetry appears original to the home, the overall quality, neutral paint, and updated fixtures indicate a property that has been cared for and partially renovated within the last 5 to 15 years, fitting the 'good' criteria perfectly.
Elementary School: Franklin Elementary School (9/10). Middle School: Franklin Junior High School (10/10).
The community features an expansive 10,000 sq. ft. clubhouse with two heated pools, a spa, fitness center, and social rooms, offering a high-end lifestyle for active adults.
The comprehensive HOA covers exterior structural maintenance, roof replacement, landscaping, and several utilities, providing a true 'lock and leave' convenience for seasonal or busy residents.
Strict 55+ community guidelines and a prohibition on permanent residents under 19 significantly limit the potential buyer pool and flexibility for multi-generational living.
Buyers are subject to a mandatory one-time $1,500 Capital Reserve fee due at the close of escrow, increasing the initial investment required to purchase.
UPDATED LOCK & LEAVE PATIO HOME IN GATED 55+ COMMUNITY OF VERDE GROVES! If you are looking for a great retirement destination this, is it. Verde Groves is a newer, upscale, gated community with amenities galore. You won't be disappointed with the club house, pools, spa, computer rooms, library, arts & crafts center, game room and much more. This HERITAGE floor plan built in 2002 features two Master bedrooms, 2 full bathrooms a huge great room, and nice sized patio. The kitchen is sized just right. Nice sized dining area with a breakfast bar. The two-car garage is extended. Premium lot on large community greenbelt. N/S Exposure. See Document Tab for list of upgrades. Be sure to check out the community clubhouse for activities & the list of community events & lecctures plus more for you to enjoy. Verde Groves offers a resort style lifestyle with an over 10,000 sq ft Clubhouse, 2 heated pools, spa, outdoor fireplace, BBQ & covered patio. Inside the Clubhouse features billiards, cards & craft room, fitness room, library with computers, tv room, dance floor & a full kitchen. What a gathering place this is. Many scheduled activities can be found posted on the Clubhouse Bulletin Board and in the community newsletter. Keep in mind that the HOA maintains not only your front & backyard landscape but the exterior structural maintenance of your home...talk about LOCK & LEAVE! This gated 55+ community has a (HOA) Homeowners Association which is currently managed by the professionals at Kinney Management as well as by a Board of Directors comprised of Verde Groves homeowners. The $403 monthly HOA fee currently includes such services as: * A blanket insurance policy on each home as well as the community clubhouse and its facilities * Maintenance of the exterior and roof of each home * Roof Replacement * Exterior pest control service * Exterior termite warranty * Maintenance of the common areas of the community * Landscape services of both your front and back yards * COX Basic Cable (owner pays for upgraded programing, internet and/or phone land line) * Water, Sewer, Trash Collection Verde Groves is an age restricted community & requires one permanent resident per household be age 55 or older and prohibits permanent residents less than 19 years of age. HOA does allow up to 20% of residents to be 40 years or older. Buyer has one time $1500 Capital Reserve fee payable upon Close of Escrow.
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades K-6 • 2.2 mi
Grades K-6 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,518 | 1,253 | 80% |
| Lot Size | 3,744 | 1,681 | 90% |
| Price | $437.9K | $312.5K | 97% |
| Price per sq ft | $288 | $228 | 80% |
| Built year | 2002 | 1993 | 60% |
| HOA | $403 | $230 | 73% |
| Days on market | 34 | 1624 | 3% |
Mar 19, 2026
$437,900
Initial Listing