NOT LISTED FOR SALE

5502 E University Dr Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $268,000 - $295,000

2 Beds
2 Baths
1,041 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $154,900 $149 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,644/month

2 Days on Market

Highlights

  • Fitness Center
  • 0.19 Acre Lot
  • No HOA
  • Franklin at Brimhall Elementary School Rated A
  • Theater or Screening Room
  • Community Pool

About This Home

As of February 2019

Charming single level home in Dreamland Villa Retirement Community. This home boasts an open floorplan and spacious bedrooms. This kitchen is complete with rich cabinetry and white appliances. Generously sized dining area is right off the kitchen and exits out onto the patio. A breakfast bar allows dining options! The two bathrooms combined provide both a walk-in shower and bathtub. This home is nestled on a large lot complete with a storage shed and covered patio. This maintenance free lot offers an abundance of space. Located near the Dreamland Villa Desert Nature Trail for your convenience. See this home today and make it your own.

Last Listed By

Sierra Allegretto

Russ Lyon Sotheby's International Realty License #BR677985000 Listed on: 01/03/2019

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1962

Lot Details

  • 8,070 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,041 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 333
  • Assessor Parcel Number 141-46-006

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by FARNSWORTH
  • Dreamland Villa 5 Subdivision

Amenities

  • Theater or Screening Room

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 54th Place & University
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Annually
  • 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: 1962
  • Tax Year: 2018
  • Directions: Head north on 54th St, turn right on University Dr - home is on the left
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: DREAMLAND VILLA 5
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1041.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Community Media Room, Biking/Walking Path, Fitness Center
  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 8070.0
  • Parcel #: 141-46-006
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: FARNSWORTH

Tax Info

  • Tax Annual Amount: 694.0
  • Tax Book Number: 141.00
  • Tax Lot: 333
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 1, 2019
Sold by
Camelback Fiduciary
Bought by
Todd William E and Todd Catherine R
Seller's Agent
Sierra Allegretto
Russ Lyon Sotheby's International Realty
Buyer's Agent
Ana Brown
eXp Realty
List Price
$159,900
Sold Price
$154,900
Premium/Discount to List
-$5,000
-3.13%
Total Days on Market
2
Current Estimated Value
$281,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,205
Avg. Annual Appreciation
9.95%
Original Mortgage
$123,920
Outstanding Balance
$82,581
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$198,109

Range of Values:

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Average Value
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List Price
Sold Price
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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
Todd William E $154,900 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd William E $123,920
Previous Owner Todd William E $123,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $154,900 -3.1% $149 / Sq Ft
01/02/2019 01/02/19 For Sale $159,900 -- $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 $933 $9,652 -- --
2024 $785 $9,192 -- --
2023 $785 $21,520 $4,300 $17,220
2022 $766 $16,350 $3,270 $13,080
2021 $774 $14,020 $2,800 $11,220
2020 $766 $11,980 $2,390 $9,590
2019 $713 $11,100 $2,220 $8,880
2018 $694 $9,950 $1,990 $7,960
2017 $676 $8,480 $1,690 $6,790
2016 $653 $7,730 $1,540 $6,190
2015 $613 $7,270 $1,450 $5,820
Source: Public Records

Agents Affiliated with this Home

  • Sierra Allegretto

    Seller's Agent in 2019

    Sierra Allegretto

    Russ Lyon Sotheby's International Realty

    (503) 317-7676

    110 Total Sales

    Sierra Allegretto
    Section Image
  • Ana Brown

    Buyer's Agent in 2019

    Ana Brown

    eXp Realty

    (602) 487-5872

    16 Total Sales

    Ana Brown
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5862095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-46-006

Arizona Maricopa County Mesa 85205 Central Mesa East

5502 E University Dr, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 5502 E University Dr, Mesa, AZ 85205 since 03 January 2019 and is currently estimated at $281,105, approximately $270 per square foot. This property was built in 1962. 5502 E University Dr is a home located in Maricopa County with nearby schools including O'Connor Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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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