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$580,000
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Property Description
If you have been looking for space, location, and a way to actually build sweat equity in this market, this is the one. Located in the award-winning Villages of East Ridge in Mesa, this home sits just off the US 60, giving you some of the best commutes and access to shopping and dining in the Southeast Valley. At over 3,000 square feet, the layout is designed for real life. You have six full bedrooms, including two on the main floor, which is perfect for guests or a dedicated home office. Upstairs, you'll find four more bedrooms, including a primary suite that is honestly massive. There is enough room in the primary bedroom to set up a full home gym, a second office, or a quiet lounge area away from the rest of the house. Outside, the backyard features a private pool with newer equipment 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.
Full Property Details
Full Property Details for 10740 E Lobo Ave
General
- Price: $580,000
- HOA FEE: $120/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,383 (2025)
- Status: Under Contract
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6978075
- Updated: 3/24/2026
- Added to Site: 63 day(s) ago
Interior
- Interior Features: Walk-in Pantry, High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Appliances: Dryer, Washer, Built-in Microwave, Dishwasher, Disposal
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Upstairs Laundry, Inside
Additional Information
- Pool: Yes
- Pool Description: Play Pool
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Balcony, Private Yard
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Garage Door Opener, Attch'd Gar Cabinets
Location
- County: Maricopa
- Township: 1S
- Subdivision: VILLAGES OF EASTRIDGE
- Cross Streets: Signal Butte and Baseline
Community
- Association: Yes
- Assoc. Name: Villages of Eastridg
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Stucco, Wood Frame, Painted, Block
- Roof: Tile
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,263
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Green Features
- Energy Efficient: Multi-Zones
Financial Considerations
- Association Fee: $360
- Assoc Fee Freq.: Quarterly
- Tax Amount: $2,383
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 56 VILLAGES OF EASTRIDGE UNIT 6 MCR 062809
- Property ID: 312-13-120
- Range: 7E
- Section: 2
- Lot Number: 56
Listed by My Home Group Real Estate
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Schools
Schools serving 10740 E Lobo Ave
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Augusta Ranch Elementary School 9430 East Neville Avenue, Mesa, AZ 85209 | PK-6 | 1.7 mi |
Desert Ridge Jr. High School 10211 East Madero Avenue, Mesa, AZ 85209 | 7-8 | 0.6 mi |
Desert Ridge High School 10045 East Madero Avenue, Mesa, AZ 85209 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10740 E Lobo Ave
Date
Details
Price
Change
Source
2/18/2026
Price Reduced
$580,000
-3.17%
MLS
2/04/2026
Listed
$599,000
-16.22%
MLS
4/21/2022
Sold
$715,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10740 E Lobo Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,383
4%
$54,800
7%
2024
$2,291
-1%
$51,360
-6%
2023
$2,312
2%
$54,700
21%
2022
$2,256
—
$45,270
31%
2022
$2,256
-8%
$34,670
5%
2021
$2,443
2%
$33,080
7%
2020
$2,401
8%
$30,980
6%
2019
$2,225
5%
$29,170
5%
2018
$2,118
3%
$27,780
3%
2017
$2,052
-4%
$27,010
2%
2016
$2,127
10%
$26,610
—
2015
$1,941
-5%
$26,610
29%
2014
$2,039
18%
$20,570
20%
2013
$1,734
—
$17,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10740 E Lobo Ave
10740 E Lobo Avenue, Mesa, AZ 85209 (MLS# 6978075) is a Single Family property with 6 bedrooms and 2 full bathrooms. 10740 E Lobo Avenue is currently listed for $580,000 and was received on February 04, 2026. Want to learn more about 10740 E Lobo Avenue? Do you have questions about finding other Single Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

