$280,000
SOLD MAR 7, 2025
2 Beds
2 Baths
1,348 Sq Ft
8,286 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

11% Below List Price

107 Days on Market

Highlights

  • RV Gated
  • 0.19 Acre Lot
  • Corner Lot
  • Franklin at Brimhall Elementary School Rated A
  • Clubhouse
  • Heated Community Pool

About This Home

As of March 2025

Welcome to 5527 E Colby St, a delightful 2-bedroom, 2-bathroom home in a desirable 55+ community in Mesa. This single-level residence is move-in ready, featuring new carpet for added warmth and comfort throughout. Please note, this home is being sold in as-is condition, offering a fantastic opportunity for buyers to add their own personal touches.

The open and inviting living area flows into a cozy dining nook and a kitchen with classic cabinetry, providing a functional space with room for customization. The primary suite serves as a peaceful retreat with an ensuite bath and generous closet space, while the second bedroom is perfect for guests, a home office, or hobbies. Outside, the expansive backyard offers ample potentialideal for gardening, outdoor dining, or simply relaxing. The property also includes an attached two-car garage and RV gate for additional parking and storage.

As part of a vibrant 55+ community, residents have the option to join the HOA, granting access to a community clubhouse, sparkling pool, and recreational facilities. This home's location is convenient to parks, shopping, dining, and quick access to Loop 202 and US 60.

5527 E Colby St is ideal for those seeking a low-maintenance lifestyle in an active adult community, with the flexibility to create the space of their dreams.

Schedule your private showing today and see the potential of this Mesa gem!

Last Agent to Sell the Property

Mikaela Clark

Limitless Real Estate License #BR676204000

Limitless Real Estate

Co-Listed By

Samantha Jackson-Boland

Limitless Real Estate License #SA685571000

Last Buyer's Agent

James Greenwalt

Compass License #SA705935000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1963

Lot Details

  • 8,286 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • RV Gated

Home Design

  • Composition Roof

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Adams Elementary School
  • Dobson High Middle School
  • Dobson High School

Utilities

  • Refrigerated Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 440
  • Assessor Parcel Number 141-46-113

Community Details

Overview

  • Association fees include ground maintenance
  • Dreamland Villa Association, Phone Number (480) 832-3461
  • Dreamland Villa 5 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 1963

Lot Details

0

HOA Fees

$36 per month

Parking

1

Listing Details

  • Cross Street: University and Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: 175.0
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 36.25
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2024
  • Directions: North to Colby and East to Home
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: limi001
  • Co List Office Phone: 480-902-4700
  • Subdivision Name: DREAMLAND VILLA 5
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 260.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1348.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Spa: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Separate Strge Area, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration, Window/Wall Unit
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Clubhouse
  • Amenities: Club, Membership Opt, Management, Rental OK (See Rmks)
  • Association Fee: 260.0
  • Association Fee Frequency: Annually
  • Association Name: Dreamland Villa
  • Phone: 480-832-3461
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Dreamland Villa
  • Association Fees:HOA Telephone4: 480-832-3461
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Other Fees HOA: 150.0
  • Association Fees:Other Fees Description: Escrow Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Adams Elementary School
  • High School: Dobson High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Dobson High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8286.0
  • Parcel #: 141-46-113
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 910.0
  • Tax Book Number: 141.00
  • Tax Lot: 440
  • Tax Map Number: 46.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $280,000 -1.8% $208 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/07/2025 02/07/25 Price Changed $285,000 -3.4% $211 / Sq Ft
12/23/2024 12/23/24 Price Changed $295,000 -3.3% $219 / Sq Ft
11/26/2024 11/26/24 Price Changed $305,000 -3.2% $226 / Sq Ft
10/29/2024 10/29/24 For Sale $315,000 +70.3% $234 / Sq Ft
09/27/2019 09/27/19 Sold $185,000 -2.6% $160 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $189,900 +38.6% $164 / Sq Ft
08/21/2015 08/21/15 Sold $137,000 +1.5% $119 / Sq Ft
07/15/2015 07/15/15 For Sale $135,000 0.0% $117 / Sq Ft
07/15/2015 07/15/15 Price Changed $135,000 0.0% $117 / Sq Ft
07/12/2015 07/12/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $135,000 -2.9% $117 / Sq Ft
06/04/2015 06/04/15 For Sale $139,000 -- $120 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $910 $11,157 -- --
2024 $907 $10,625 -- --
2023 $907 $24,250 $4,850 $19,400
2022 $886 $18,520 $3,700 $14,820
2021 $894 $16,200 $3,240 $12,960
2020 $886 $13,450 $2,690 $10,760
2019 $825 $12,510 $2,500 $10,010
2018 $802 $11,210 $2,240 $8,970
2017 $781 $9,850 $1,970 $7,880
2016 $696 $9,210 $1,840 $7,370
2015 $708 $8,760 $1,750 $7,010
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,000 New Conventional
Previous Owner $134,111 FHA
Previous Owner $134,518 FHA
Previous Owner $25,000 Unknown
Previous Owner $24,300 Stand Alone Second
Previous Owner $130,000 New Conventional
Previous Owner $72,000 Unknown
Previous Owner $68,550 New Conventional
Previous Owner $69,000 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $280,000 Iconic Title
Interfamily Deed Transfer -- None Available
Warranty Deed $185,000 Old Republic Title Agency
Warranty Deed $137,000 Security Title Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $162,500 Arizona Title Agency Inc
Joint Tenancy Deed $86,500 Capital Title Agency
Joint Tenancy Deed $4,000 Transamerica Title Ins Co
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6777880

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-46-113