7735 E ALYSSUM Lane, Mesa, AZ 85208, Mesa, 85208 - 2 bed, 2 bath
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Mesa, AZ 85208
This Value-Add Townhouse is listed at $319,900, priced near the $305,799 Fair Market Value. With a Condition Rating of 4, the property shows deferred maintenance, including stained carpeting and dated cabinetry, offering a clear path for forced appreciation through cosmetic renovation. Situated in the active Fountain of the Sun community, residents enjoy a semi-private golf course and heated pool, plus access to the 9/10 rated Franklin Elementary School. This property is a prime candidate for Buy-and-Hold Investors or Owner-Occupants looking to trade sweat equity for a custom lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7735 E ALYSSUM Lane Subject | $270,900* List Price | 2 | 2 | 1,106 | $235 | - |
A 7841 E Ocotillo Avenue Sold | $288,150 | 2 | 2 | 1,032 | $279 | 0.2 mi |
B 454 S 77TH Street Sold | $285,000 List Price | 2 | 2 | 1,032 | 0.1 mi | |
C 454 S GREENSIDE Court Sold | $217,500 List Price | 2 | 2 | 916 | 0.1 mi | |
D 440 S DESERT FLOWER Drive Sold | $270,000 | 2 | 2 | 1,032 | $262 | 0.1 mi |
E 440 S DESERT FLOWER Drive Sold | $270,000 | 2 | 2 | 1,032 | $262 | 0.1 mi |
F 633 S Saguaro Way Sold | $340,000 | 2 | 2 | 1,368 | $249 | 0.2 mi |
G 537 S PALO VERDE Way Active | $260,000 List Price | 2 | 2 | 1,079 | $241 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is functional but shows significant signs of age and deferred cosmetic maintenance. The carpeting in the living areas is heavily stained and requires immediate replacement, and the interior features dated elements such as popcorn ceilings and basic, older-style cabinetry and fixtures in the kitchen and bathrooms.
Elementary School: Franklin Elementary School (9/10).
Located in the Fountain of the Sun community, residents have access to premium recreational facilities including a semi-private golf course, pickleball, shuffleboard, and a heated pool.
The primary bedroom features a spacious walk-in closet and a bathroom with a sitting vanity, providing a comfortable and functional private retreat.
Built in 1980, the home may require updates to major systems or cosmetic modernizations to compete with newer builds in the Mesa area.
The monthly association fee of $343 represents a significant ongoing carrying cost that buyers must factor into their overall monthly budget.
This Mesa condo/patio home is located in the Fountain of the Sun community, where residents have access to a pool, semi-private golf course, pickleball, shuffleboard, and a social event calendar. The front door opens to a living area with a sliding glass Arcadia door. To the right, the U-shaped kitchen is equipped with a dishwasher, oven, built-in microwave, and refrigerator. The primary bedroom offers a walk-in closet, and the primary bathroom features a sitting vanity.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 3.6 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 | 1,106 | 1,106 | 50% |
| Lot Size | 112 | 168 | 48% |
| Price | $270.9K | $189.0K | 67% |
| Price per sq ft | $245 | $230 | 57% |
| Built year | 1980 | 1984 | 38% |
| HOA | $343 | $267 | 95% |
| Days on market | 22 | 1681 | 5% |
Apr 20, 2026
$270,900
$319,900
-15% Price Drop
Initial Listing
Mar 31, 2026
$319,900
Initial Listing