
Mesa, AZ 85205
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $219,000—positioned well below the $277,980 Fair Market Value by 21%. This valuation gap offers $58,980 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and Luxury Vinyl Plank Flooring. Located in the Dreamland Villa 55+ community, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset in a stable Mesa location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5426 E BOSTON Street Subject | $219,000* List Price | 2 | 1 | 953 | $292 | - |
A 5412 E Boise Street Sold | $179,900 List Price | 2 | 2 | 912 | 0.1 mi | |
B 5256 E COLBY Street Sold | $184,900 List Price | 2 | 1 | 1,002 | 0.5 mi | |
C 5412 E COVINA Road Sold | $239,900 List Price | 2 | 1 | 884 | 0.4 mi | |
D 507 N 55TH Place Sold | $275,000 | 2 | 2 | 936 | $294 | 0.4 mi |
E 5510 E Dallas Street Sold | $275,000 | 2 | 1 | 924 | $298 | 0.6 mi |
F 6020 E BILLINGS Street Sold | $215,000 | 2 | 2 | 1,265 | $170 | 0.8 mi |
G 5463 E Albany Street Pending | $215,000 List Price | 2 | 1 | 884 | $243 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the home has undergone significant interior renovations within the last 5-15 years, including an updated kitchen with granite countertops and stainless steel appliances, a modernized bathroom with a walk-in shower, and luxury vinyl plank flooring throughout. It is functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8013, living area = 953.
Elementary School: Franklin Elementary School (9/10).
The home features high-quality finishes including luxury vinyl plank flooring throughout and a modernized kitchen equipped with granite countertops and stainless steel appliances.
With under 1,000 square feet and only one bathroom, the compact layout may be a drawback for those requiring more space for guests or storage.
Built in 1960, the home may require ongoing maintenance or future updates to older mechanical and structural systems not addressed by recent cosmetic renovations.
Located in the desirable 55+ community of Dreamland Villas, this home offers a great opportunity to personalize and add value. Featuring luxury vinyl plank flooring throughout, the interior includes an updated kitchen with granite countertops, stainless steel appliances, and a convenient eat-in dining area. The bathroom has been tastefully updated with a walk-in shower. Enjoy additional living space in the screened-in Arizona room, perfect for relaxing or entertaining. The property includes a one-car garage with laundry area and offers a functional layout ready for your finishing touches. With solid upgrades already in place and priced accordingly, this home presents an excellent opportunity in a well-established Mesa community.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.8 mi
Grades PK-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 953 | 1,590.5 | 7% |
| Lot Size | 8,013 | 7,525 | 64% |
| Price | $219.0K | $275.0K | 46% |
| Price per sq ft | $230 | $204 | 58% |
| Built year | 1960 | 1983 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 2309 | 1% |
May 12, 2026
$219,000
Initial Listing