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1500 W Rio Salado Parkway #28, Mesa, AZ, 85201

2beds
3baths
1,100sqft
$242,900
$221price/sqft
$1,868/moest. monthly cost
$74,720/yrincome needed

About This Home

Welcome home to this beautifully updated 2 bed 2.5 bath townhouse in a quiet neighborhood, minutes from the 101, 60, and 202, Cubs Stadium, Mesa Riverview, Tempe Marketplace, and 10 minutes from Phoenix Sky Harbor Airport. Upgrades include popcorn ceilings removed, fresh paint, epoxy-finished concrete floors downstairs, remodeled backyard, fully remodeled downstairs half bath and upstairs spare bath with updated plumbing and ventilation, newer dishwasher with added cabinetry, custom master closet, new stair railing, new front door (7/2025), and new water heater (10/2025) + 6 year warranty. Appraised at $291K in 2022 with additional upgrades since.

Getting Around

47
WalkingCar-Dependent
44
TransitSome Transit
61
BikeBikeable

Schools

5/10
2/10
3/10
Westwood High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Built-Up
  • Construction materials: Stucco,Wood Frame,Painted,Brick

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Refrigerator,Dishwasher,Electric Oven,Electric Cooktop

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • High Speed Internet,3/4 Bath Master Bdrm,Full Bth Master Bdrm
  • Window features: Screens,Double Pane Windows
  • Flooring: Concrete
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Property

Accessibility

  • Accessibility features: Lever Handles

Details

  • Parcel number: 13533376
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Spa features: None
  • Fencing: Back Yard,Block,Wood

Lot

  • Lot size: 797 sqft
  • Features: Desert Front,Synthetic Grass Back

Parking

  • Total spaces: 1
  • Parking features: Assigned,Common
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,228$14,736
Home Insurance $75$900
Property Taxes $349$4,188
Electricity $216$2,603
Total$1,868$22,416

Income You'd Need if You Spent...

35% on housing$64,045/yr
40% on housing$56,040/yr
45% on housing$49,813/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 85201$161
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85201$260
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Price change$250,000
2026-03-17Price change$265,000
2026-02-28Price change$270,000
2026-02-05Listed for sale$280,000
2024-01-23Listing removed$295,000
2023-12-13Listing removed--
2023-09-07Listed for sale$295,000
2019-11-19Sold$160,000
2019-10-28Pending sale$159,000
2019-10-19Listed for sale$159,000
2013-06-15Sold$59,900
2013-03-29Sold$40,996
2010-01-23Listing removed$55,000
2009-10-17Listed for sale$55,000

For Sale by Agent

AgentAshley Alexander
BrokerageLong Realty Unlimited

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