
Mesa, AZ 85205
This Modernized Turnkey Residence is listed at $315,000, positioned well below the $321,031 Fair Market Value by 1%. This competitive pricing provides $6,031 in Instant Equity for a home boasting a Good Condition Rating. The interior features a Modern Kitchen with blue subway tiles and Renovated Bathrooms, complemented by a rare three-bathroom layout and No Mandatory HOA Fees. Located near the 9/10 Rated Franklin Elementary, this property offers exceptional lifestyle value and financial stability. It is an ideal sanctuary for Owner-Occupants or seasonal residents seeking a polished, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5422 E DES MOINES Street Subject | $315,000* List Price | 2 | 3 | 1,271 | $253 | - |
A 5521 E DUNCAN Street Sold | $295,000 | 2 | 2 | 1,238 | $238 | 0.2 mi |
B 5416 E COLBY Street Sold | $299,000 List Price | 2 | 2 | 1,188 | 0.1 mi | |
C 5501 E ADOBE Road Sold | $327,000 | 2 | 2 | 1,271 | $257 | 0.2 mi |
D 5251 E ADOBE Road Sold | $290,000 | 2 | 2 | 1,422 | $204 | 0.3 mi |
E 5840 E BILLINGS Street Sold | $392,500 | 2 | 2 | 1,366 | $287 | 0.7 mi |
F 5510 E Dallas Street Sold | $275,000 | 2 | 1 | 924 | $298 | 0.1 mi |
G 5409 E DECATUR Street Active | $294,000 List Price | 2 | 2 | 1,217 | $242 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1965, the property has been significantly updated and is in move-in ready condition. The kitchen features modern blue subway tile and white cabinetry, and the bathrooms have been renovated with contemporary vanities and white subway tile surrounds. The interior boasts updated laminate flooring, recessed lighting, and modern ceiling fans. Although the presence of a window AC unit in a bedroom suggests some older mechanical systems may still be in use, the overall aesthetic and functional quality of the living spaces meet the criteria for a 'good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7050, living area = 1271.
Elementary School: Franklin Elementary School (9/10).
Located in the Dreamland Villa community, this property features a $0 association fee, offering significant monthly savings and freedom from restrictive homeowner association rules.
Built in 1965, the home may require updates to major systems or interior finishes to meet modern energy efficiency standards and contemporary design preferences.
At 1,271 square feet, the interior space is relatively modest, which may feel restrictive for buyers seeking expansive common areas or multiple dedicated workspaces.
Exceptional opportunity in Mesa. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 3.0 | 2.0 | 76% |
| Square foot | 1,271 | 1,542 | 27% |
| Lot Size | 7,050 | 7,543 | 23% |
| Price | $315.0K | $310.0K | 50% |
| Price per sq ft | $248 | $216 | 61% |
| Built year | 1965 | 1983 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 2231 | 1% |
Feb 10, 2026
$315,000
Initial Listing