
Mesa, AZ 85205
This Value-Driven 55+ Residence is listed at $210,000, offering a stable entry point at its $210,000 Fair Market Value. Boasting a Condition Rating of 4, the home features a brand-new HVAC system (2025) and sits on an expansive 7,856 sqft lot, providing rare outdoor utility and high lot utilization. Located in the Dreamland Villa community with no mandatory HOA fees, the property is served by the 9/10 rated Franklin Elementary School. This listing combines mechanical reliability with significant land value, making it a strategic choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5463 E Albany Street Subject | $210,000* List Price | 2 | 1 | 884 | $238 | - |
A 5412 E Boise Street Sold | $179,900 List Price | 2 | 2 | 912 | 0.2 mi | |
B 5256 E COLBY Street Sold | $184,900 List Price | 2 | 1 | 1,002 | 0.6 mi | |
C 5412 E COVINA Road Sold | $239,900 List Price | 2 | 1 | 884 | 0.4 mi | |
D 5409 E DECATUR Street Sold | $225,000 | 2 | 2 | 1,064 | $211 | 0.6 mi |
E 5702 E CASPER Road Sold | $235,000 | 2 | 2 | 1,043 | $225 | 0.5 mi |
F 440 N 56th Street Active | $259,000 List Price | 2 | 1 | 1,146 | $226 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property is well-maintained and features a brand-new HVAC system (2025), which is a significant mechanical upgrade. However, the interior images show dated carpeting and window treatments, and the property analysis highlights 'vintage infrastructure' as a weakness. While the home is functional and clean, it requires cosmetic modernization and potential updates to original systems to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7856, living area = 884.
Elementary School: Franklin Elementary School (9/10).
The property features a brand-new AC and gas furnace replaced in 2025, offering significant value and peace of mind regarding major mechanical expenses in the Arizona climate.
With only 884 square feet and a single bathroom, the compact footprint may be a drawback for buyers seeking more functional space or guest accommodations.
Built in 1959, the home may require further modernization of its original electrical or plumbing systems to meet the expectations of contemporary buyers.
Cozy home on spacious lot in the desirable Dreamland Villa 55+ community - Neutral colors - AC and gas furnacw replaced in 2025 County Island -Rural Metro
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades PK-6 • 1.8 mi
Grades PK-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 884 | 1,542 | 2% |
| Lot Size | 7,856 | 7,639 | 59% |
| Price | $210.0K | $310.0K | 39% |
| Price per sq ft | $238 | $216 | 58% |
| Built year | 1959 | 1983 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 155 | 2232 | 2% |
Nov 19, 2025
$210,000
Initial Listing