
Mesa, AZ 85205
This Single-Family Residence represents a Strong Value Opportunity, listed at $285,000, which aligns perfectly with its $285,000 Fair Market Value. While the home maintains a Condition Rating of 4, it features critical modern upgrades including a 2025 HVAC system, a newer roof, and solar panels for energy efficiency. Located in a vibrant 55+ community with no mandatory HOA, the property offers a functional Arizona Room and a spacious backyard. This is an ideal acquisition for Retirees or Owner-Occupants seeking a low-maintenance, cost-effective lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 427 N 55TH Place Subject | $285,000* List Price | 2 | 2 | 1,187 | $233 | - |
A 5427 E COVINA Road Sold | $252,000 | 2 | 1 | 1,206 | $209 | 0.2 mi |
B 5416 E COLBY Street Sold | $299,000 List Price | 2 | 2 | 1,188 | 0.2 mi | |
C 5228 E Des Moines Street Sold | $319,900 | 2 | 2 | 1,064 | $301 | 0.5 mi |
D 5228 E DES MOINES Street Sold | $319,900 | 2 | 2 | 1,423 | $225 | 0.5 mi |
E 639 N 57TH Place Sold | $235,000 | 2 | 1 | 1,059 | $222 | 0.4 mi |
F 5621 E DUNCAN Street Sold | $310,000 | 2 | 2 | 1,418 | $219 | 0.4 mi |
G 6218 E DODGE Street Sold | $275,000 | 2 | 2 | 1,338 | $206 | 0.9 mi |
H 5510 E Dallas Street Sold | $275,000 | 2 | 1 | 924 | $298 | 0.3 mi |
I 440 N 56th Street Active | $259,000 List Price | 2 | 1 | 1,146 | $226 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 60 years old (built 1962) and features a 'retro-style' kitchen and dated bathroom finishes that align with the 'Fair' criteria for homes needing updates. While the home benefits from excellent system maintenance—including a brand new HVAC (2025), a roof under 10 years old, and solar panels—the interior aesthetics and original cabinetry are significantly dated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7464, living area = 1187.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features solar panels, a brand-new A/C system (2025), and a roof less than 10 years old, offering significant long-term savings on utility costs and maintenance.
The 'retro-style' kitchen and 1962 original elements may require a renovation budget for buyers seeking a modern aesthetic and updated appliances.
The property features a 2-car carport rather than a fully enclosed garage, which may be a drawback for buyers concerned with vehicle security or protection from the Arizona heat.
Enjoy all of the amenities Dreamland Villa adult community has to offer with NO HOA! Only one resident must be 55+ years old, no one under 19 living in the home, & there is a voluntary club membership for $270 annually that allows access to an array of amenities. This single-story 2-bed, 2-bath residence with an Arizona Room is the one you've been waiting for! Featuring charming curb appeal, low-maintenance landscaping front & back, plus dual carport parking. You will appreciate solar that helps keep utility costs down, along w/a newer A/C (2025) & roof (under 10 years) for energy efficiency. This lovely home offers the perfect blend of comfort, style, & convenience. Discover a spacious living area w/elegant wood-look flooring & custom palette throughout. The adorable eat-in kitchen is retro-style & equipped w/ample cabinetry, mosaic tile backsplash, built-in appliances, & track lighting. The functional laundry room easily allows room to complete daily tasks & pursuee your favorite projects. Primary bedroom includes a ceiling fan, dual closets, & a restroom right next door for added convenience. Another full bedroom includes a ceiling fan & ample closet space. Cozy up in the sunroom complete w/a full bathroom, currently used as an additional bedroom. This is a great space to forget about the weather & marvel at a relaxing sunrise or sunset. Enjoy outdoor living on the inviting front porch or in the spacious fenced backyard perfect for relaxing or entertaining w/covered patio, extended seating area, & massive storage shed. The property also includes a 2-car carport & a spacious driveway. At Dreamland Villa, you will be part of a vibrant 55+ community. You'll find a welcoming atmosphere, neighborhood amenities w/a wide range of activities including clubs, pools, pickleball, workout facility & more. With its combination of updated features, low-maintenance living, & inviting spaces inside & out, this property is ready for you to move right in!
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.4 mi
Grades PK-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,187 | - |
| Lot Size | 7,464 | - |
| Price | $285.0K | $476.2K |
| Price per sq ft | $240 | $271 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 98 | 2611 |
Apr 16, 2026
$285,000
Initial Listing