921 W UNIVERSITY Drive 1232, Mesa, AZ 85201

$270,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 956 Lot Size (sq. ft.): 50 Status: Active
Current Price: $270,000 Last Modified: 10/28/2025

Description

Investor Opportunity! Currently rented at $1775 per month, cap rate of 6.5%!! Discover effortless living in the Discovery at Continental Orchard! This charming 2-bedroom townhome is perfect for those seeking comfort and convenience. Step into a spacious great room with elegant tile floors, a cozy fireplace, and a soothing neutral palette. The modern kitchen features stainless steel appliances, stylish countertops, upgraded cabinetry, and a breakfast bar. Upstairs, both bedrooms offer plush carpeting and beautiful vaulted ceilings. Unwind in your private backyard with an open patio, ideal for BBQs and relaxation. Enjoy the community pool just steps away and the convenience of an assigned carport. Don't miss your chance to make this inviting home yours!

More Information MLS# 6931151

Contract Information

Type: Exclusive Right To Sell Ownership: Condominium Co-Ownership (Fractional) Agreement YN: No List Price: $270,000 Status: Active Current Price: $270,000 List Date: 2025-10-09

Location, Tax & Legal

Unit #: 1232 Assessor's Map #: 55 Legal Description (Abbrev): LOT 1232 DISCOVERY AT CONTINENTAL ORCHARD-B MCR 030911 Assessor's Parcel #: 256 Tax Municipality: Mesa Taxes: 468 House Number: 921 Compass: W Street Name: UNIVERSITY St Suffix: Drive City/Town Code: Mesa State/Province: AZ Zip Code: 85201 Zip4: 5552 County Code: Maricopa Assessor Number: 135-55-256 Subdivision: DISCOVERY AT CONTINENTAL ORCHARD-B Tax Year: 2024

General Property Description

Dwelling Styles: Attached # of Interior Levels: 2 Full Bathrooms: 1 Half Bathrooms: 1 Approx SQFT: 956 Price/SqFt: 282.43 Approx Lot SqFt: 50 Approx Lot Acres: 0 Horses: N Builder Name: Continental Homes Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Emerson Elementary School Jr. High School: Carson Junior High School High School: Westwood High School Community Pool Y/N: Yes Private Pool Y/N: No Planned Comm Name: DISCOVERY AT CONTINENTAL ORCHA Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Townhouse Exterior Stories: 2 # Bedrooms: 2 Total Bathrooms: 2 Year Built: 1990

Legal Info

Range: 5E Section: 21 Township: 1N Lot Number: 1232

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 258 HOA Paid Frequency: Monthly HOA Name: Perferred Communitie HOA Telephone: 480-649-2017 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N PAD Fee: 0 Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: $ Prepaid Association Fees HOA: 516 Disclosure Fees HOA: 0 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 258

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Supra: 1

Architecture

Contemporary: 1

Building Style

String: 1

Master Bathroom

None: 1

Master Bedroom

Upstairs: 1

Add'l Property Use

None: 1

Fireplace Features

Fireplace Living Rm: 1

Flooring

Carpet: 1 Tile: 1

Window Features

Solar Screens: 1 Dual Pane: 1

Dining Area

Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Built-in Microwave: 1 Non-laminate Counter: 1 Pantry: 1 Refrigerator: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1 9+ Flat Ceilings: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Community Pool Features

Fenced: 1

Exterior Features

Patio: 1 Pvt Yrd(s)/Crtyrd(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 1 Carport Spaces: 1

Parking Features

Assigned Parking: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

SRP: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

North/South Exposure: 1

Landscaping

Gravel/Stone Front: 1 Gravel/Stone Back: 1

Services

City Services: 1

Items Updated

Ht/Cool Yr Updated: 2023

Unit Style

Two Levels: 1 Two Common Walls: 1

Disclosures

Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Blanket Ins Policy: 1 Water: 1 Sewer: 1 Garbage Collection: 1 Common Area Maint: 1

Assoc Rules/Info

No Visible Truck Trailer RV Boat: 1 Rental OK (See Rmks): 1 Prof Managed: 1

Remarks Misc

Cross Street: N Alma School Rd & W University Dr Directions: Head east on W University Dr, Turn right to enter the Community's gated entrance, Turn left onto the second driveway. The property will be on the left. Geo Lat: 33.41982 Geo Lon: -111.851393

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary Building Style: String Master Bathroom: None Master Bedroom: Upstairs Fireplace Features: Fireplace Living Rm Flooring: Carpet; Tile Window Features: Solar Screens; Dual Pane Community Pool Features: Fenced Spa: None Dining Area: Breakfast Bar; Dining in LR/GR Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Non-laminate Counter Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings Technology: Cable TV Avail; High Speed Internet Exterior Features: Patio; Pvt Yrd(s)/Crtyrd(s) Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: North/South Exposure Landscaping: Gravel/Stone Front; Gravel/Stone Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Agency Discl Req
Listing Office: Posh Properties
IDX
Last Updated: October - 28 - 2025
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.