10740 E LOBO Avenue, Mesa, AZ 85209 (MLS# 6978075)

Special Listing Cond: Short Sale

Add'l Property Use: None

Architecture: Ranch

Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room

Master Bedroom: Upstairs

Additional Bedroom: Other Bedroom Downstairs; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room

Flooring: Carpet; Tile

Window Features: Dual Pane

Private Pool Features: Play Pool

Spa: None

Community Features: Biking/Walking Path; Children's Playgrnd

Dining Area: Formal; Eat-in Kitchen; Breakfast Bar

Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Pantry; Walk-in Pantry; Granite Counters

Laundry: Washer Included; Dryer Included; Inside; Upstairs Laundry

Other Rooms: Family Room

Technology: Pre-Wire Srnd Snd; Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet; Security System Owned

Exterior Features: Balcony; Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s)

Parking Features: Attch'd Gar Cabinets; Garage Door Opener

Construction: Block; Wood Frame

Const - Finish: Painted; Stucco

Roofing: Tile

Cooling: Central Air; Ceiling Fan(s)

Heating: Natural Gas

Plumbing: Gas Hot Water Heater

Utilities: SRP; SW Gas

Water Source: City Water

Sewer: Sewer - Public

Services: City Services

Fencing: Block

Property Description: North/South Exposure

Landscaping: Desert Front; Desert Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back

Showing Notification Methods: Text; Email; Phone Call

Lockbox Type: Supra

Possession: Close of Escrow

Association Fee Incl: Common Area Maint

Existing 1st Loan: Treat as Free&Clear

Existing 1st Loan Terms: Non Assumable

New Financing: Cash; VA; FHA; Conventional

Disclosures: Seller Discl Avail; Agency Discl Req

already in place. The bones are here, the location is top-tier, and the size is hard to beat. The Strategy This home is being offered as a short sale, which represents a major opportunity to get into a premium neighborhood at a price point that reflects the need for updates. It needs some TLC, specifically new carpet, fresh paint, and some modern touches. For buyers worried about the cost of repairs, there are specific financing paths that may allow you to wrap the cost of improvements directly into your mortgage. Programs like the FHA 203k renovation loan can be a great tool here, as they allow you to fund the purchase and the "refresh" costs all in one loan. This means you don't need a huge pile of cash after closing to make the house look brand new. This is a chance to stop paying for someone else's design choices and instead pick your own finishes while gaining value. Opportunities like this in the East Valley don't last long, especially with this much square footage.