515 N 56TH Street, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Well-Maintained 55+ Community Residence is listed at $292,000, offering a stable acquisition price perfectly aligned with its $292,000 Fair Market Value. Boasting a Condition Rating of 3, the home features significant capital improvements including Owned Solar Panels, a Newer Roof, and updated windows for maximum energy efficiency. Residents benefit from a Functional Open Floor Plan, a Spacious Covered Patio, and proximity to the 9/10 Rated Franklin at Brimhall Elementary School. This move-in ready sanctuary is an ideal match for Retirees or Owner-Occupants seeking a high-quality, low-maintenance lifestyle in Mesa.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 515 N 56TH Street Subject | $292,000* List Price | 2 | 2 | 1,233 | $237 | - |
A 5521 E DUNCAN Street Sold | $295,000 | 2 | 2 | 1,238 | $238 | 0.3 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 5313 E Dallas Street Sold | $260,000 List Price | 3 | 2 | 1,519 | 0.4 mi | |
F 5251 E ADOBE Road Sold | $290,000 | 2 | 2 | 1,422 | $204 | 0.5 mi |
G 5409 E DECATUR Street Pending | $289,000 List Price | 2 | 2 | 1,217 | $237 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1964 build date, the property is well-maintained and move-in ready with significant capital improvements including a newer roof, owned solar panels, and updated windows and doors. While the kitchen and bathrooms feature dated finishes, they are functional and clean, elevating the home above the 'Fair' category due to the strength of its mechanical systems and overall maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7449, living area = 1233.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property features owned solar panels, a newer roof, and updated windows and doors, offering significant utility savings and peace of mind regarding major capital expenditures.
Built in 1964, the home may have original plumbing or electrical components that could require future updates, despite the visible modern upgrades to the roof and windows.
As a 55+ community residence, the potential buyer pool is restricted by age, which can limit resale velocity compared to traditional residential neighborhoods.
Charming 2BR/2BA home in the desirable 55+ Velda Rose Estates! This well-maintained 1,233 sq ft residence offers a bright, open floor plan filled with natural light. Updated windows and doors withe newer roof and OWNED SOLAR! The kitchen features generous counter space, dishwasher, built-in microwave & ample cabinetry for storage. Spacious primary suite includes private bathroom. Enjoy a spacious backyard with a covered patio & low-maintenance landscaping--perfect for relaxing or entertaining. Community amenities include pool, clubhouse & activities. Conveniently located near shopping, dining & freeway access!
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 2.4 mi
Grades K-6 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,233 | 1,602 | 23% |
| Lot Size | 7,449 | 7,520 | 37% |
| Price | $292.0K | $292.0K | 50% |
| Price per sq ft | $237 | $206 | 58% |
| Built year | 1964 | 1984 | 12% |
| HOA | $220 | $0 | 93% |
| Days on market | 247 | 2313 | 11% |
Oct 2, 2025
$292,000
Initial Listing