5230 E BROWN Road 110, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Turnkey First-Floor Condominium is a Prime Investment Opportunity, listed at $275,000—positioned well below the $283,746 Fair Market Value by 3%. This valuation gap secures $8,746 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the residence features a brand-new HVAC system (2025), water heater (2025), and stainless appliances (2026). Located near the 9/10 rated Franklin Elementary, the community offers a resort-style pool, spa, and private patio. This is an ideal acquisition for seasonal residents or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5230 E BROWN Road 110 Subject | $274,900* List Price | 2 | 2 | 1,017 | $279 | - |
A 5136 E Evergreen Street 1031 Sold | $247,000 | 2 | 2 | 849 | $291 | 0.3 mi |
B 5230 E BROWN Road 269 Active | $285,000 List Price | 2 | 2 | 1,017 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property underwent a comprehensive recent renovation including a brand-new HVAC system (2025), new water heater (2025), and new stainless steel kitchen appliances (2026). The interior features updated 20-inch tile and fresh carpeting, meeting the criteria for a property with less than 5 years of major renovations in mint, move-in-ready condition.
Elementary School: Franklin Elementary School (9/10).
The property features a brand-new HVAC system and water heater (2025) along with new stainless steel appliances (2026), significantly reducing immediate capital expenditure and maintenance concerns for the buyer.
Situated in the sought-after Alta Mesa community, the condo offers resort-style amenities and excellent proximity to golf courses, hiking, and the Salt River, catering perfectly to an active or seasonal lifestyle.
Built in 1985, the property and community may require more frequent long-term maintenance or aesthetic updates to common areas compared to newer condominium developments in the Mesa area.
While the local elementary schools are highly rated, the assigned middle and high schools carry average ratings (5 and 6), which may be a consideration for families prioritizing top-tier educational districts.
This charming, FHA approved, move-in ready condo offers effortless low-maintenance living with recent major updates. Perfectly located on the first floor, it features a brand-new HVAC system (2025), brand-new water heater (2025), and brand-new stainless steel appliances (2026). Enjoy 20'' tile flooring throughout the main living areas and freshly cleaned plush carpet in the bedrooms. The spacious primary bedroom includes a bright sitting area and generous walk-in closet. Step outside to your private patio overlooking a lush, tree-lined courtyard - your own personal oasis right at home. Just steps away from the resort-style community pool and spa. This prime location provides easy access to restaurants, shopping, freeways, parks, golf courses, hiking trails, and is only 20 minutes from the Salt River for paddleboarding and kayaking. Ideal as a primary residence, lock-and-leave second home, or seasonal winter retreat with rental potential. Don't miss this gem in one of Mesa's most sought-after communities. It truly feels different here, come see it for yourself!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 0.8 mi
Grades PK-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 | 1,017 | 1,017 | 50% |
| Lot Size | 1,056 | 1,056 | 50% |
| Price | $274.9K | $247.0K | 67% |
| Price per sq ft | $270 | $270 | 50% |
| Built year | 1985 | 1985 | 50% |
| HOA | $249 | $222 | 67% |
| Days on market | 94 | 2682 | 33% |
May 4, 2026
$274,900
$275,000
+0% Price Increase
Initial Listing
Apr 24, 2026
$275,000
$279,000
-1% Price Drop
Initial Listing
Mar 14, 2026
$279,000
Initial Listing