NOT LISTED FOR SALE

5427 E Adobe Rd Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $225,000 - $265,000

2 Beds
1 Bath
924 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $152,000 $165 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,351/month

4 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • No HOA
  • Franklin at Brimhall Elementary School Rated A
  • Private Yard
  • Heated Community Pool

About This Home

As of June 2020

''Fix and Flip'' opportunity in Dreamland. 2 Bedroom 1 bathroom all brick home with an Arizona room and huge laundry room. New AZ 12/2/2016, septic pumped June 6th, 2020. This is a Fix & Flip - Sold AS-IS only.

Retirement community a 55+ age-restricted adult community, DVRC is not an HOA it is a non-profit corporation.

Last Agent to Sell the Property

Raymond Valle

Realty ONE Group License #SA047740000 Listed on: 06/10/2020

Last Buyer's Agent

Gus Palmisano

Keller Williams Integrity First License #SA640389000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $669

Year Built

  • Built in 1966

Lot Details

  • 7,176 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence
  • Private Yard

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 790
  • Assessor Parcel Number 141-47-317

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Farnsworth
  • Dreamland Villa 7 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$669

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Cross Street: HIGLEY & ADOBE
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1966
  • Tax Year: 2019
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: DREAMLAND VILLA 7
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 164.5
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Full Bth Master Bdrm
  • Living Area: 924.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Spa: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Patio, Private Yard
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7176.0
  • Parcel #: 141-47-317
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Farnsworth

Tax Info

  • Tax Annual Amount: 669.0
  • Tax Book Number: 141.00
  • Tax Lot: 790
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 22, 2020
Sold by
Baldwin Ellis C
Bought by
Rise Real Estae Solutions Ret Plan
Seller's Agent
Raymond Valle
Realty ONE Group
Buyer's Agent
Gus Palmisano
Keller Williams Integrity First
List Price
$142,000
Sold Price
$152,000
Premium/Discount to List
$10,000
7.04%
Current Estimated Value
$244,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,578
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Arehart Bruce B
Bought by
Baldwin Ellis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,900
Interest Rate
6.57%
Mortgage Type
VA

Purchase Details

Closed on
Jun 1, 2001
Sold by
Olson Bruce R
Bought by
Arehart Bruce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,826
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rise Real Estae Solutions Ret Plan $152,000 Title Alliance Of Az Agcy Ll
Baldwin Ellis C $140,900 Fidelity National Title
Arehart Bruce B $73,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldwin Ellis C $140,900
Previous Owner Arehart Bruce B $72,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2020 06/24/20 Sold $152,000 +7.0% $165 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $142,000 -- $154 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $867 $9,125 -- --
2024 $874 $8,690 -- --
2023 $874 $19,420 $3,880 $15,540
2022 $854 $14,810 $2,960 $11,850
2021 $852 $13,020 $2,600 $10,420
2020 $720 $11,900 $2,380 $9,520
2019 $669 $10,680 $2,130 $8,550
2018 $651 $9,520 $1,900 $7,620
2017 $631 $8,300 $1,660 $6,640
2016 $569 $7,720 $1,540 $6,180
2015 $575 $7,270 $1,450 $5,820
Source: Public Records

Agents Affiliated with this Home

  • Raymond Valle

    Seller's Agent in 2020

    Raymond Valle

    Realty One Group

    (602) 809-7570

    14 Total Sales

    Raymond Valle
    Section Image
  • Gus Palmisano

    Buyer's Agent in 2020

    Gus Palmisano

    Keller Williams Integrity First

    (602) 565-1314

    9 in this area

    174 Total Sales

    Gus Palmisano
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6089032

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-47-317

Arizona Maricopa County Mesa 85205 Central Mesa East

5427 E Adobe Rd, Mesa, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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