
Mesa, AZ 85215
This Apache Wells Townhouse represents a High-Potential Investment Opportunity with a List Price of $383,500—positioned well below the $486,872 Fair Market Value by 21%. This significant valuation gap delivers $103,372 in Instant Equity. While maintaining a Fair Condition Rating, the home features new luxury vinyl plank flooring, fresh paint, and a premium greenbelt lot with a flagstone patio. Located near the 9/10 rated Franklin Elementary School, this property balances immediate lifestyle perks with substantial financial upside. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5830 E MCKELLIPS Road 100 Subject | $383,500* List Price | 2 | 2 | 1,547 | $315 | - |
A 5830 E MCKELLIPS Road 101 Sold | $350,000 | 2 | 2 | 1,516 | $231 | 0.0 mi |
B 5830 E Mckellips Road 30 Sold | $285,000 List Price | 2 | 2 | 1,297 | 0.0 mi | |
C 5830 E MCKELLIPS Road 66 Sold | $380,000 List Price | 2 | 2 | 1,297 | 0.2 mi | |
D 2055 N 56TH Street 10 Sold | $345,000 List Price | 2 | 2 | 1,340 | 0.2 mi | |
E 5830 E McKellips Road 2 Sold | $357,500 | 2 | 2 | 1,297 | $276 | 0.0 mi |
F 2055 N 56TH Street 15 Sold | $385,000 | 2 | 2 | 1,577 | $244 | 0.2 mi |
G 5830 E MCKELLIPS Road 105 Active | $399,900 List Price | 2 | 2 | 1,608 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally clean and move-in ready with recent cosmetic improvements including new luxury vinyl plank flooring and fresh interior paint. However, it was built in 1997 and still features original oak cabinetry in the kitchen and bathrooms, along with older countertops and bathroom tile. While well-maintained, the core fixtures and styles are nearly 30 years old and have not undergone a full modern renovation, placing it firmly in the 'fair' category based on the provided criteria.
Elementary School: Franklin Elementary School (9/10).
Positioned on one of the most desirable lots in the community, this home offers serene views of a beautifully landscaped greenbelt and features a private, fully fenced yard with a flagstone patio.
The property is move-in ready with brand-new luxury vinyl plank flooring, fresh interior paint, and elegant plantation shutters that enhance the abundant natural light throughout the spacious living areas.
Built in 1997, the home may soon require capital improvements for big-ticket items such as the roof or HVAC system, which are not mentioned as recently replaced despite the cosmetic interior updates.
The $380 association fee adds a significant recurring expense to the monthly budget, which may be a consideration for retirees or buyers on a fixed income.
Don't miss this charming 2 bed/ 2 bath home located in the desirable 55+ community of Apache Wells. One of the best lots in the community situated on a beautifully landscaped greenbelt. This home boasts nice curb appeal with an inviting private entry. As you enter the home, you will be greeted with beautiful new luxury vinyl plank flooring, new interior paint and a very spacious living room with tons of natural light. There are plenty of large windows with beautiful plantation shutters and a picture perfect view of the greenbelt. Both bedrooms are generous, each with it's own bath and large walk in closets. Stepping out the back door, you will find a large covered patio with flagstone, and a fully fenced yard with a beautiful view. Community amenities include clubhouse, pool/spa, fitness center, and plenty of clubs to get involved in. Come see this delightful home and community today!
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 4.3 mi
Grades K-6 • 6.2 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 | 1,547 | 1,468.5 | 59% |
| Lot Size | 2,793 | 2,793 | 50% |
| Price | $383.5K | $308.0K | 68% |
| Price per sq ft | $248 | $197 | 73% |
| Built year | 1997 | 1999 | 36% |
| HOA | $380 | $240 | 95% |
| Days on market | 48 | 1690 | 5% |
Mar 5, 2026
$383,500
Initial Listing