462 S Boojum Way, Mesa, AZ 85208, Mesa, 85208 - 2 bed, 2 bath
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Mesa, AZ 85208
This Single-Level Townhouse is a Prime Investment Opportunity, listed at $257,000—positioned well below the $290,073 Fair Market Value by 11%. This valuation gap secures $33,073 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features a modernized quartz kitchen and a private patio within the guard-gated Fountain of the Sun 55+ community. Near top-rated Franklin Elementary (9/10), it balances resort amenities with financial upside. This is an ideal acquisition for Active Adults or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 462 S Boojum Way Subject | $257,000* List Price | 2 | 2 | 1,032 | $281 | - |
A 440 S DESERT FLOWER Drive Sold | $270,000 | 2 | 2 | 1,032 | $262 | 0.0 mi |
B 440 S DESERT FLOWER Drive Sold | $270,000 | 2 | 2 | 1,032 | $262 | 0.0 mi |
C 454 S GREENSIDE Court Sold | $217,500 List Price | 2 | 2 | 916 | 0.1 mi | |
D 7841 E Ocotillo Avenue Sold | $288,150 | 2 | 2 | 1,032 | $279 | 0.1 mi |
E 454 S 77TH Street Sold | $285,000 List Price | 2 | 2 | 1,032 | 0.1 mi | |
F 7733 E DESERT FLOWER Avenue Sold | $310,000 | 2 | 2 | 1,106 | $280 | 0.3 mi |
G 507 S Sand Verbana Way Active | $285,000 List Price | 2 | 2 | 1,032 | $276 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates despite its 1979 construction. The kitchen has been modernized with quartz countertops, a stainless steel double sink, and stainless steel appliances. The interior features a clean mix of tile and carpet flooring, and the home includes updated systems like a newer Wi-Fi-controlled water heater. While some fixtures like the kitchen's fluorescent light box are dated, the overall condition is well-maintained with no immediate repairs required.
Elementary School: Franklin Elementary School (9/10).
Located in the guard-gated Fountain of the Sun, the property offers an exceptional lifestyle with access to golf, pickleball, a pool, spa, and a robust calendar of social activities.
This single-level townhouse features durable tile flooring in main areas and a newer Wi-Fi-controlled water heater, making it ideal for those seeking an easy-to-manage residence.
Built in 1979, the property may require updates to its original infrastructure or cosmetic finishes to meet the expectations of modern buyers.
The $407 monthly association fee represents a significant recurring cost that may impact the budget of buyers on a fixed income.
BEST LIFE YET? Step into the lifestyle you've been waiting for in Fountain of the Sun, a guard-gated, 55+, golf community where every day feels like a getaway. This single-level home features 2 bedrooms and 2 baths with tile throughout the main living areas and cozy carpet in the bedrooms. The primary suite offers direct access to the laundry room for added ease. Whether you're enjoying quiet mornings or staying active, this low-maintenance home with a newer Wi-Fi-controlled water heater fits it all. From golf and pickleball to pool and spa, walking and biking paths, and a calendar of social events like bingo, card games, dances, and classes, there's always something to do. Close to dining / shopping / freeways, this is more than a home; it's a lifestyle. Get ready for your Best Life Yet!
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 3.6 mi
Grades K-6 • 7.5 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 | 1,032 | 1,032 | 50% |
| Lot Size | 109 | 168 | 48% |
| Price | $257.0K | $189.0K | 57% |
| Price per sq ft | $249 | $230 | 62% |
| Built year | 1979 | 1984 | 33% |
| HOA | $407 | $267 | 95% |
| Days on market | 12 | 1681 | 5% |
Apr 10, 2026
$257,000
Initial Listing