5409 E DECATUR Street, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Move-In Ready Adult Community Residence is listed at $294,000, offering a stable acquisition price closely aligned with its $290,951 Fair Market Value. Boasting a Condition Rating of 3, the home features significant recent capital improvements, including a newer roof and A/C system, a spacious Arizona Room, and a covered patio. Residents benefit from proximity to the 9/10 rated Franklin Elementary School and premium community amenities like a clubhouse and heated pool. This renovated property is an ideal sanctuary for Owner-Occupants or seasonal residents seeking a low-maintenance, active lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5409 E DECATUR Street Subject | $289,000* List Price | 2 | 2 | 1,217 | $237 | - |
A 5228 E Des Moines Street Sold | $319,900 | 2 | 2 | 1,064 | $301 | 0.2 mi |
B 5521 E DUNCAN Street Sold | $295,000 | 2 | 2 | 1,238 | $238 | 0.2 mi |
C 5416 E COLBY Street Sold | $299,000 List Price | 2 | 2 | 1,188 | 0.0 mi | |
D 5228 E DES MOINES Street Sold | $319,900 | 2 | 2 | 1,423 | $225 | 0.2 mi |
E 5501 E ADOBE Road Sold | $327,000 | 2 | 2 | 1,271 | $257 | 0.2 mi |
F 5313 E Dallas Street Sold | $260,000 List Price | 3 | 2 | 1,519 | 0.2 mi | |
G 5422 E DES MOINES Street Active | $315,000 List Price | 2 | 3 | 1,271 | $248 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1965 home is move-in ready and has undergone significant recent updates, including a newer roof, A/C system, fresh interior paint, and new carpeting. While the kitchen cabinetry and bathroom wall tiles reflect a more traditional or older style, they appear well-maintained. The property avoids a 'fair' rating due to the recent capital improvements and overall clean, updated condition of the primary living surfaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7267, living area = 1217.
Elementary School: Franklin Elementary School (9/10).
The property features a newer roof and A/C system alongside recent renovations, offering buyers significant peace of mind and reducing immediate post-purchase maintenance costs.
Built in 1965, the home may possess older underlying plumbing or electrical systems typical of its era that may not be fully modernized despite the surface renovations.
As an age-restricted adult community, the potential buyer pool is limited to a specific demographic, which can impact the speed of resale compared to non-restricted neighborhoods.
Move-in ready and newly renovated—this charming home is located in the vibrant Dreamland Villa adult community! Offering 2 bedrooms and 2 baths, this beautifully updated residence features a newer roof and A/C, giving you peace of mind from day one. Spacious eat-in kitchen with tile flooring, wood cabinetry, and a breakfast bar. Fantastic Arizona Room! Outdoors, enjoy a huge, peaceful backyard with a covered patio and low maintenance landscaping. The community offers amenities including a clubhouse, heated pool, spa, and more, making this the perfect place to live comfortably, socialize, and enjoy an active lifestyle. A must-see gem in a welcoming adult community!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.3 mi
Grades PK-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,217 | 1,542 | 21% |
| Lot Size | 7,267 | 7,543 | 29% |
| Price | $289.0K | $310.0K | 46% |
| Price per sq ft | $237 | $216 | 58% |
| Built year | 1965 | 1983 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 2231 | 1% |
Apr 20, 2026
$289,000
$294,000
-2% Price Drop
Initial Listing
Feb 5, 2026
$294,000
Initial Listing