$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 Access or Parking
  • 0.19 Acre Lot
  • Heated Community Pool
  • Franklin at Brimhall Elementary School Rated A
  • Corner Lot
  • Covered patio or porch

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 Listed on: 10/29/2024

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

  • $22 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • RV Access or Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 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

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • 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

  • 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

$22 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 Residence
  • 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
  • Association Fees:HOA Fee2: 260.0
  • Cooling:Central Air: Yes
  • 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: High Speed Internet, Breakfast Bar, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1348.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • 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
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: 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
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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 Access/Parking, RV Gate, Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), 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, Community Spa Htd, Community Pool Htd, Community Pool
  • 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

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Mar 5, 2025
Sold by
Harlan L Nickerson Living Trust and Integrated Fiduciary Services Inc
Bought by
Neubauer James A
Seller's Agent
Mikaela Clark
Limitless Real Estate
Buyer's Agent
James Greenwalt
Compass
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%
Views
63
Current Estimated Value
$280,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242
Avg. Annual Appreciation
0.31%
Original Mortgage
$224,000
Outstanding Balance
$223,815
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$56,427

Purchase Details

Closed on
Dec 1, 2020
Sold by
Nickerson Harlan and Nickerson Harlan L
Bought by
Nickerson Harlan L and The Harlan L Nickerson Living

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 17, 2019
Sold by
Merkley Brenda
Bought by
Nickerson Harlan
Seller's Agent
Jason Crittenden
Realty ONE Group
Buyer's Agent
Cindy Flowers
Keller Williams Integrity First
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%

Purchase Details

Listed on
Jun 4, 2015
Closed on
Aug 20, 2015
Sold by
Bircher Lenna M and Bircher Robert
Bought by
Merkley Brenda
Seller's Agent
Becky Blair
Keller Williams Integrity First
Buyer's Agent
Adam Lee
eXp Realty
List Price
$135,000
Sold Price
$137,000
Premium/Discount to List
$2,000
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$134,518
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2014
Sold by
Bircher Robert L and Bircher Lenna M
Bought by
Bircher Lenna M

Purchase Details

Closed on
Dec 22, 2006
Sold by
Whitlock Wayne R and Whitlock Shirley A
Bought by
Bircher Robert L and Bircher Lenna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,300
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 23, 2001
Sold by
Hoffman Warren O and Hoffman Esther R
Bought by
Whitlock Wayne R and Whitlock Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,550
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1994
Sold by
Speir Carrel B
Bought by
Hoffman Warren O and Hoffman Esther R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back
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 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

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

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 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 $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

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6777880

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-46-113