650 S ARROWWOOD Way, Mesa, AZ 85208, Mesa, 85208 - 2 bed, 2 bath
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Mesa, AZ 85208
This Well-Maintained End-Unit Townhouse is a Strong Value Opportunity, listed at $305,000—positioned well below the $329,612 Fair Market Value by 7%. This valuation gap provides $24,612 in Instant Equity. Featuring a Condition Rating of 4, the home offers a scenic greenbelt view and a 2-car garage with built-in storage. Located in the premier Fountain of the Sun 55+ community near 9/10 rated Franklin Elementary, it perfectly balances resort-style amenities with financial upside. This is an ideal match for Active Adults or Seasonal Residents seeking a move-in ready asset with growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 650 S ARROWWOOD Way Subject | $305,000* List Price | 2 | 2 | 1,248 | $264 | - |
A 652 S SAGUARO Way Sold | $390,000 | 2 | 2 | 1,427 | $273 | 0.0 mi |
B 633 S Saguaro Way Sold | $340,000 | 2 | 2 | 1,368 | $249 | 0.1 mi |
C 7841 E Ocotillo Avenue Sold | $288,150 | 2 | 2 | 1,032 | $279 | 0.2 mi |
D 7830 E MARIPOSA Way Sold | $279,900 List Price | 2 | 2 | 1,368 | 0.1 mi | |
E 454 S 77TH Street Sold | $285,000 List Price | 2 | 2 | 1,032 | 0.3 mi | |
F 7733 E DESERT FLOWER Avenue Sold | $310,000 | 2 | 2 | 1,106 | $280 | 0.1 mi |
G 620 S PRIVET Way Active | $309,500 List Price | 2 | 2 | 1,236 | $250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is exceptionally well-maintained and move-in ready, but it remains largely dated. The kitchen features older oak-style cabinetry, white appliances, and laminate countertops rather than modern stone. Interior details like popcorn ceilings and older light fixtures reflect the home's age. While the flooring has been partially updated with laminate and tile, the property lacks the extensive, high-end renovation required to meet the 'good' or 'excellent' criteria.
Elementary School: Franklin Elementary School (9/10).
Located in the Fountain of the Sun active adult community, residents have access to an extensive array of amenities including an 18-hole golf course, heated pool, fitness center, and on-site dining.
This well-positioned end unit offers enhanced privacy and backs directly onto a scenic green belt featuring mature 40-foot pine trees and a large covered patio for outdoor enjoyment.
The association fee of $420 per month is a significant recurring cost that may impact the budget of buyers on a fixed income.
While well-maintained, the 1983 construction and use of laminate countertops may require additional capital investment for buyers seeking a fully modernized aesthetic.
Welcome to Fountain of the Sun, active adult, Golf Community! This MUST-SEE, MOVE-IN READY, well-positioned, beautifully maintained 2 bed/2 bath end unit backs up to the scenic green belt sporting mature 40-foot pine trees! The large-covered rear patio provides for serene dining and outdoor enjoyment. The kitchen has updated laminate counter tops and lighting fixture, with tile flooring throughout kitchen, which includes a bright eat-in breakfast nook surrounded by windows, along with inside laundry. This spacious well-lit combo living/dining area offers lovely outdoor views that provide a charming ambiance décor for entertaining or just relaxing at home. This large master bedroom has sliding glass door that brightens up the room, along with laminate flooring and a walk-in closet. The master bath has a walk-in shower with additional grab bars installed, along with tiled flooring in vanity area. The garage provides ample storage with built-in cabinets on two walls, along with a work bench. Enjoy Country Club community amenities with an 18-hole Golf Course, a lake, swimming pool, fitness center, billiards room, pickleball, bocce ball, shuffleboard, horseshoe, batting cage, and Birdie's Restaurant open daily. Conveniently located near the US 60 and Red Mountain Freeways, this home offers easy access to both airports (Mesa Gateway and Sky Harbor), shopping is minutes away which includes Costco, Superstition Springs Mall & San Tan Mall. Overall, convenience is good as it gets!
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-6 • 3.6 mi
Grades K-6 • 7.6 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 | 1,248 | 1,135 | 57% |
| Lot Size | 157 | 168 | 48% |
| Price | $305.0K | $189.0K | 76% |
| Price per sq ft | $244 | $230 | 57% |
| Built year | 1983 | 1984 | 48% |
| HOA | $420 | $267 | 95% |
| Days on market | 39 | 1681 | 5% |
Mar 14, 2026
$305,000
Initial Listing