
Mesa, AZ 85205
This Spacious Value-Driven Townhome is a Strong Value Opportunity, listed at $499,900—positioned well below the $538,635 Fair Market Value by 7%. This valuation gap provides $38,735 in Instant Equity for the incoming buyer. Maintaining a Fair Condition Rating, the interior features High Ceilings, a Private Patio, and a bright breakfast nook. The property offers elite educational access via the top-rated Franklin Elementary School (9/10). This listing is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a stable, move-in-ready asset in the desirable Alta Mesa community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5505 E MCLELLAN Road 75 Subject | $499,900* List Price | 3 | 2 | 1,570 | $343 | - |
A 1235 N SUNNYVALE Street 24 Sold | $460,000 | 2 | 2 | 1,466 | $314 | 0.6 mi |
B 1235 N SUNNYVALE Street 24 Sold | $460,000 | 2 | 2 | 1,466 | $314 | 0.6 mi |
C 5505 E MCLELLAN Road 124 Pending | $449,900 List Price | 3 | 2 | 1,531 | $294 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this property is exceptionally well-maintained and move-in ready, but it lacks recent major renovations. The kitchen features older white appliances and cabinetry, while the bathrooms retain original 1990s-style oak vanities and square tile work. Per the criteria, it falls into the 'fair' category as a home built 32 years ago that has been preserved through regular upkeep rather than modern updates.
Elementary School: Franklin Elementary School (9/10).
The property is in excellent condition with no immediate improvements required, offering a turnkey solution for buyers looking for a seamless transition.
With high ceilings, a window-surrounded breakfast nook, and large patio doors, the home features a bright and cheery atmosphere that enhances the living space.
As a townhome, the property involves shared walls and a smaller, low-maintenance backyard, which may not suit buyers prioritizing maximum privacy or large private acreage.
The most immediate neighborhood schools carry average ratings (5-6), which might be a drawback for families specifically seeking top-tier educational districts.
Here comes the sun!! When you walk into this townhome, it just makes you smile. A bright & cheery kitchen w/white cabinetry welcomes your personal decorating scheme. Breakfast nook is surrounded by windows-perfect for a morning cup of coffee! Plenty of counter space for culinary adventures & the eat up bar area is perfect for serving holiday meals for a few or many. There is a large dining area adjacent to the living room. With its high ceilings & large patio doors, our AZ easy lifestyle beckons you. A quaint, easy care backyard has a back gate that connects w/grassy common area. The primary bedroom is very spacious w/room for an office space or reading area. 2 additional bedrooms complete this floorplan. Convenient NE Mesa location within the Alta Mesa Community...Click blue more NE Mesa has easy access to the main transportation routes to Sky Harbor as well as Mesa Gateway Airports, lots of shopping, outdoor adventures, sports and cultural activities. This home is ready for an immediate move in, not a thing you need to improve upon. Just bring your moving van!!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 0.7 mi
Grades PK-6 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,570 | 1,291 | 95% |
| Lot Size | 4,182 | 1,685 | 95% |
| Price | $499.9K | $0 | 95% |
| Price per sq ft | $318 | $0 | 90% |
| Built year | 1992 | 1989 | 52% |
| HOA | $196 | $165 | 71% |
| Days on market | 40 | 2071 | 5% |
Mar 13, 2026
$499,900
Initial Listing