
Mesa, AZ 85208
This Value-Add Retirement Asset is listed at $225,000, situated in the highly social Fountain of the Sun active adult community. While the Fair Market Value is $202,817, the home offers a functional Condition Rating of 4 with significant potential for forced appreciation through cosmetic updates to its original 1979 finishes. Key features include a spacious Arizona Room, a Private Patio, and proximity to the 9/10 Rated Franklin Elementary School. This property represents a strategic entry point for Fix-and-Flip Investors or Owner-Occupants looking to customize a desert sanctuary in a high-demand enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7712 E COLUMBINE Way Subject | $225,000* List Price | 2 | 2 | 1,032 | $197 | - |
A 7005 E BROADWAY Road 36 Sold | $237,000 | 2 | 2 | 1,288 | $184 | 0.9 mi |
B 460 S DESERT PALM -- Active | $199,900 List Price | 2 | 2 | 1,080 | $185 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property appears to be in mostly original condition with regular maintenance but lacks modern updates. The interior features dated elements such as popcorn ceilings, fluorescent kitchen lighting, and carpeted bathroom vanities. While the home is functional and move-in ready, it requires cosmetic modernization and system updates to meet current standards.
Elementary School: Franklin Elementary School (9/10).
Located in the Fountain of the Sun community, residents benefit from a resort-style environment featuring extensive social clubs, recreational facilities, and a vibrant activity calendar.
The single-level floor plan includes a spacious Arizona room, providing additional square footage for relaxation or entertaining while capturing the desert atmosphere year-round.
Built in 1979, the home is marketed as a project for updates, suggesting that the interior finishes and systems may be dated and require immediate capital investment for modernization.
The $385 monthly association fee adds a significant recurring expense to the ownership cost, which may be a consideration for budget-conscious buyers or those looking for lower overhead.
Step into this charming single-level townhome featuring 2 bedrooms and 2 bathrooms, nestled in a lively active adult community rich with amenities and social opportunities. Thoughtfully priced, this home gives you the perfect chance to add your own style and updates while enjoying a bright, open floor plan and a spacious Arizona room, ideal for relaxing, entertaining, or soaking in the beautiful desert evenings all year long. Enjoy the ease of single-level living with generously sized bedrooms and a comfortable primary suite designed for everyday comfort. The community offers an array of activities, clubs, and recreational options, making it easy to stay active, connect with others, and embrace a resort-style lifestyle. Whether you're looking for a seasonal getaway or a full-time home, this townhome delivers the perfect blend of comfort, convenience, and vibrant community living.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 3.5 mi
Grades K-6 • 7.5 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 | 1,032 | 1,160 | 50% |
| Lot Size | 1,099 | 1,165 | 50% |
| Price | $225.0K | $231.0K | 50% |
| Price per sq ft | $218 | $201 | 50% |
| Built year | 1979 | 1980 | 50% |
| HOA | $385 | $292 | 50% |
| Days on market | 131 | 1596 | 50% |
Dec 12, 2025
$225,000
Initial Listing