
Mesa, AZ 85201
This Turn-Key Remodeled Townhouse is a High-Potential Investment Opportunity, listed at $220,000—positioned well below the $445,776 Fair Market Value by 50%. This significant valuation gap offers $225,776 in Instant Equity for buyers navigating the short sale process. Boasting an Excellent Condition Rating following a comprehensive 2022 renovation, the home features Quartz Countertops, White Shaker Cabinets, and a Private Covered Patio. Located near ASU and Mesa Riverview, it balances high-end finishes with massive equity potential. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate wealth creation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 629 N MESA Drive N 27 Subject | $220,000* List Price | 2 | 2 | 945 | $246 | - |
A 629 N MESA Drive 18 Sold | $177,100 | 2 | 1 | 836 | $212 | 0.0 mi |
B 30 E BROWN Road 2012 Sold | $218,000 | 2 | 1 | 867 | $251 | 0.8 mi |
C 30 E BROWN Road 1108 Sold | $249,000 | 2 | 1 | 917 | $272 | 0.8 mi |
D 1001 N PASADENA -- 190 Sold | $240,000 List Price | 2 | 2 | 1,133 | 0.6 mi | |
E 629 N MESA Drive 18 Active | $199,900 List Price | 2 | 1 | 836 | $239 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property underwent an extensive full renovation in 2022, meeting the criteria for 'excellent' condition. The updates include a completely remodeled kitchen with modern white shaker cabinets and quartz countertops, refreshed bathrooms with new fixtures, all-tile flooring, new dual-pane windows, and updated major systems including a 2019 A/C and a 2022 water heater.
Completely updated in 2022, this home features high-end finishes including quartz countertops, white shaker cabinets, all-tile flooring, and new dual-pane windows, offering a move-in ready experience.
The property is ideally positioned near major retail hubs like Mesa Riverview and Tempe Marketplace, with quick access to ASU, MCC, the light rail, and major freeways.
The monthly association fee covers essential utilities and major maintenance items including water, sewer, trash, exterior paint, and roof replacement, ensuring low-maintenance living.
As a short sale opportunity, the transaction process may involve extended timelines and is subject to lender approval, which can be a deterrent for buyers needing a quick closing.
With only 945 square feet of living space, the compact interior footprint may feel restrictive for those requiring larger rooms or significant storage capacity.
Bank approved price... This unit is turn-key, fully remodeled single-level townhouse in an exceptional Mesa location ( see mls 6376877- for additional photos ). This 2 bedroom, 1.75 bath home was completely updated in 2022 and features all-tile flooring, new dual-pane windows & slider, new water heater, newer A/C (2019), and fresh interior paint. The kitchen was fully remodeled with white shaker cabinets w/soft-close doors/drawers, quartz countertops, stainless steel large tub sink, new faucet, and updated lighting. Both bathrooms were refreshed with new cabinets, countertops, sinks, medicine cabinets, and vanity lighting, giving the home a clean, modern feel. Additional updates include replaced valves, upgraded fixtures, and more. Enjoy a private covered patio and a community pool just steps away. HOA covers water, sewer, garbage, exterior maintenance, roof replacement, and front yard landscaping, providing excellent value Prime Mesa location close to shopping, dining, Mesa Riverview, Tempe Marketplace, ASU, MCC, light rail, and major freeways. Move-in ready and priced to move -- perfect for buyers seeking value and convenience.
No exterior & parking available.
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 | 945 | 1,118 | 35% |
| Lot Size | 1,080 | 819 | 61% |
| Price | $220.0K | $221.0K | 48% |
| Price per sq ft | $233 | $227 | 52% |
| Built year | 1983 | 1985 | 35% |
| HOA | $195 | $189 | 58% |
| Days on market | 87 | 2664 | 3% |
Mar 11, 2026
$220,000
Initial Listing