505 N HOBSON Plaza, Mesa, AZ 85203, Mesa, 85203 - 3 bed, 2 bath
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Mesa, AZ 85203
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $295,000—positioned slightly above the $289,646 Fair Market Value. While the price reflects its Condition Rating of 3, the property offers significant lifestyle appeal with recent interior updates, including new appliances and flooring. Located in a vibrant urban corridor near the Light Rail and downtown Mesa, this home provides a low-maintenance sanctuary for first-time buyers or owner-occupants seeking a convenient, accessible, and well-connected living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 N HOBSON Plaza Subject | $285,000* List Price | 3 | 2 | 1,536 | $184 | - |
A 533 N LESUEUR -- Active | $300,000 List Price | 3 | 3 | 1,646 | $182 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property has undergone recent cosmetic renovations including new paint, carpet, and appliances (range, dishwasher). Critical systems are updated or verified, featuring a new water heater and a serviced HVAC. While some elements like the bathroom vanity and ironwork remain dated, the refinished surfaces and new finishes make it functional and move-in ready.
Elementary School: Franklin Elementary School (9/10).
The property features significant recent improvements including new paint, carpet, and appliances, alongside refinished bathrooms, providing a move-in-ready experience for buyers.
This single-level townhouse offers excellent accessibility with a roll-in shower in the primary bedroom and a large Arizona room, making it ideal for those with mobility considerations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1536, other record living area = 1724.
The immediate neighborhood schools, such as Kino Junior High and Eisenhower Center, have lower performance ratings, which may impact appeal for families prioritizing education.
Built in 1969, the home may have older underlying infrastructure or utility systems that lack the energy efficiency of modern construction despite recent cosmetic updates.
Welcome to your oasis in the city! 3BR 2 ba w/ 2 car covered parking spot townhouse. On a lovely desert arroyo of palm trees, yuccas and fascinating diverse cacti. Wakeup to the cacophony of desert birds, Mourning Doves and the occasional escaped parrot that make this oasis home. Yet you are still close to Light Rail, Pioneer Park, all the eateries, shops and theatre of downtown Mesa and Hohokam Baseball field. NEW PAINT and NEW CARPET, range and range hood, dishwasher, water heater. Refinished tub, tub surround, sink and and shower. Clean bill of health on the AC/Heat Pump. This townhouse is all one level hence very accessible with walk in or even roll in shower in the primary bedroom. Huge Arizona room with loads of storage suitable for yoga, gardening or motorcycle maintenance The HOA fee covers roof, exterior of the home, insurance, landscaping, water and sewer. City of Mesa covers the trash. All you have to do is move in and lounge at the pool.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades PK-6 • 0.5 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,536 | 1,662 | 50% |
| Lot Size | 3,297 | 2,822.5 | 50% |
| Price | $285.0K | $142.5K | 50% |
| Price per sq ft | $186 | $93 | 50% |
| Built year | 1969 | 1969 | 50% |
| HOA | $0 | $128 | 50% |
| Days on market | 41 | 1022 | 50% |
Jun 1, 2026
$285,000
$295,000
-3% Price Drop
Initial Listing
May 8, 2026
$295,000
Initial Listing