700 E MESQUITE Circle M229, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 1 bath
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Tempe, AZ 85288
This Turnkey Townhouse is a Strong Value Opportunity, listed at $309,900—positioned above the $279,883 Fair Market Value. While priced for its premium condition, the property offers a superior 1,055 Sq Ft floorplan with over $40,000 in recent renovations, including a modern kitchen and updated baths. Featuring a Mint Condition Rating, this unit provides a serene lifestyle with mountain views and proximity to Tempe Town Lake and ASU. This is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 E MESQUITE Circle M229 Subject | $309,900* List Price | 2 | 1 | 1,055 | $265 | - |
A 700 E MESQUITE Circle M229 Active | $310,000 List Price | 2 | 1 | 1,055 | $294 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation with over $40K in updates, including a brand-new kitchen with stainless steel appliances, modern cabinetry, and new flooring throughout. As a recent remodel (under 5 years), it meets the criteria for mint condition with no immediate maintenance required.
With over $40,000 in recent updates including new flooring, kitchen, and bathrooms, this unit offers a move-in-ready experience that significantly exceeds the standard for the complex.
Ideally situated near Tempe Town Lake, ASU, and Old Town Scottsdale, the property provides exceptional access to outdoor recreation, dining, and major transportation corridors like the 202.
This unit features a larger 1,055 sqft floorplan with vaulted ceilings and a split-bedroom layout, offering more square footage and privacy than standard lower-level units.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1055, other record living area = 934.
Despite having two bedrooms, the property only features one bathroom, which may be a limiting factor for buyers seeking more convenience or shared living arrangements.
The monthly association fee of $373 represents a significant ongoing expense that potential buyers must factor into their overall monthly carrying costs.
Remodeled Beauty! Best Location in Papago Park! Over $40K value in Updates sets this unit apart from all others. The feeling you get walking in is one of serenity. Everything is new from floors to kitchen and bathrooms. This unit is 1055 Sq Ft vs 934 Sq Ft Lower Units which translates to Approx. $35K more value based on $/Ft. You will love this architectural space with curved gallery staircase. Enter to soaring windows with two large closets and a staircase that presents a wonderful experience to reach the vaulted bright and airy living area. The unit is ideally situated at the end of the cul-de-sac. The balcony and primary bedroom is shaded by a wonderful tree with views to Papago Park. The 2nd bedroom in this split bedroom floorplan is on the pool w refreshing views Ideal location just north of the 202 and Tempe Town Lake on Scottsdale Rd. for easy access everywhere. A few miles from Old Town Scottsdale or Tempe Mill Avenue. Walkable to Tempe Town Lake Marina and ASU. Papago Park across the street. Seller related to listing agent.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,055 | - |
| Lot Size | 127 | - |
| Price | $309.9K | $315.5K |
| Price per sq ft | $294 | $270 |
| Built year | 1983 | 0 |
| HOA | $373 | $0 |
| Days on market | 13 | 2203 |
Jul 9, 2026
$309,900
Initial Listing