5416 E Baltimore Street, Mesa, AZ 85205, Mesa, 85205 - 2 bed, 2 bath
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Mesa, AZ 85205
This Modernized 55+ Residence is a Strong Value Opportunity, listed at $294,500—positioned well below the $313,043 Fair Market Value by 5%. This valuation gap offers $18,543 in Instant Equity. Boasting a Condition Rating of 3, the home features a new HVAC (2023), newer roof (2016), and remodeled bathrooms. With luxury plank flooring and proximity to the 9/10 rated Franklin Elementary School, it balances financial upside with turnkey comfort. This is an ideal acquisition for Owner-Occupants or seasonal residents seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5416 E Baltimore Street Subject | $294,500* List Price | 2 | 2 | 1,108 | $283 | - |
A 5228 E Des Moines Street Sold | $319,900 | 2 | 2 | 1,064 | $301 | 0.4 mi |
B 5416 E COLBY Street Sold | $299,000 List Price | 2 | 2 | 1,188 | 0.2 mi | |
C 5412 E COVINA Road Sold | $239,900 List Price | 2 | 1 | 884 | 0.2 mi | |
D 5409 E DECATUR Street Sold | $225,000 | 2 | 2 | 1,064 | $211 | 0.3 mi |
E 507 N 55TH Place Sold | $275,000 | 2 | 2 | 936 | $294 | 0.3 mi |
F 5521 E DUNCAN Street Sold | $295,000 | 2 | 2 | 1,238 | $238 | 0.5 mi |
G 5409 E DECATUR Street Active | $294,000 List Price | 2 | 2 | 1,217 | $242 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent capital improvements, including a new HVAC system (2023), a newer roof (2016), and dual-pane windows. The interior features updated luxury plank flooring throughout and tastefully remodeled bathrooms with modern vanities and fixtures. While the kitchen cabinets appear to be original frames that have been painted, the addition of a modern tile backsplash and newer appliances makes the space functional and attractive without requiring immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7823, living area = 1108.
Elementary School: Franklin Elementary School (9/10).
The property features essential high-ticket updates including a new HVAC system (2023), a newer roof (2016), and dual-pane windows, significantly reducing immediate maintenance costs for the buyer.
Being situated in a 55+ community limits the potential buyer pool to a specific demographic, which can result in a longer time on market compared to non-restricted areas.
With only 1,108 square feet of living space, the home may feel restrictive for buyers transitioning from larger properties or those requiring dedicated home office or hobby space.
Beautifully updated home in the desirable 55+ community of Dreamland Villa! Enjoy the privacy you expect and deserve with a BRAND NEW block-fenced backyard--perfect for relaxing or entertaining. Major updates provide peace of mind, including a newer roof (2016), HVAC (2023), water heater (2026), and dual pane windows, helping you avoid costly repairs for years to come. From the moment you arrive, you'll love the inviting south-facing front patio with ample seating space to enjoy your morning coffee or afternoon tea. Step inside to seamless luxury plank flooring that flows beautifully throughout the home. The bathrooms have been tastefully remodeled with today's modern finishes and amenities. The charming eat-in kitchen features newer appliances, includes the refrigerator, and offers a comfortable space for everyday living. Ideally located near shopping, dining, hospitals, and convenient freeway access, this home combines comfort, style, and an unbeatable location.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades PK-6 • 1.6 mi
Grades PK-6 • 2.2 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 | 1,108 | 1,542 | 12% |
| Lot Size | 7,823 | 7,639 | 57% |
| Price | $294.5K | $310.0K | 47% |
| Price per sq ft | $266 | $216 | 70% |
| Built year | 1960 | 1983 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 2231 | 1% |
Mar 5, 2026
$294,500
Initial Listing