NOT LISTED FOR SALE

5534 E University Dr Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $293,033 - $327,000

3 Beds
2 Baths
1,297 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $210,000 $162 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,677/month

4 Days on Market

Highlights

  • 0.19 Acre Lot
  • Corner Lot
  • Eat-In Kitchen
  • Franklin at Brimhall Elementary School Rated A
  • No HOA
  • Tile Flooring

About This Home

As of September 2020

Updated 3 bedroom 2 bath home with Arizona Room - Neutral Colors - Large Tile Flooring - Large Spacious corner lot - Dreamland Villa is a 55+ community with a voluntary membership - DVRC is a non profit, not an HOA

Last Agent to Sell the Property

Mary Thompson

Realty East, Incorporated License #BR113370000 Listed on: 06/10/2020

Last Buyer's Agent

Javier Cota

Play Realty License #BR664361000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1963

Lot Details

  • 8,419 Sq Ft Lot
  • Desert faces the front and back of the property
  • Corner Lot

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,297 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Tax Lot 328
  • Assessor Parcel Number 141-46-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$816

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Higley/Univerisity
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 14.58
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2019
  • 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
  • General Property Description:PriceSqFt: 161.91
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1297.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Arizona RoomLanai: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Other
  • 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
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8419.0
  • Parcel #: 141-46-001
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Farnsworth

Tax Info

  • Tax Annual Amount: 816.0
  • Tax Book Number: 141.00
  • Tax Lot: 328
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 25, 2020
Sold by
Mancilla Espinoza Isaac
Bought by
Guerrero Valdovinos Sergio
Seller's Agent
Mary Thompson
Realty East, Incorporated
Buyer's Agent
Javier Cota
Play Realty
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%
Current Estimated Value
$303,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,508
Avg. Annual Appreciation
7.31%
Original Mortgage
$206,196
Outstanding Balance
$183,321
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$120,187

Purchase Details

Closed on
Apr 23, 2002
Sold by
Osborn William L
Bought by
Espinoza Isaac Mancilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,301
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1998
Sold by
Osborn William L and Osborn Betty E
Bought by
Osborn William L and Osborn Betty E

Purchase Details

Closed on
Dec 23, 1994
Sold by
Cook Joseph R
Bought by
Osborn William L and Osborn Betty E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Guerrero Valdovinos Sergio $210,000 Driggs Title Agency Inc
Espinoza Isaac Mancilla $90,100 Land Title Agency
Osborn William L -- --
Osborn William L $63,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Valdovinos Sergio $206,196
Previous Owner Espinoza Isaac Mancilla $89,301
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $210,000 0.0% $162 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/14/2020 06/14/20 Price Changed $210,000 +2.4% $162 / Sq Ft
06/10/2020 06/10/20 For Sale $205,000 -- $158 / 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 $885 $11,044 -- --
2024 $898 $10,518 -- --
2023 $898 $22,860 $4,570 $18,290
2022 $877 $17,380 $3,470 $13,910
2021 $885 $14,980 $2,990 $11,990
2020 $877 $13,400 $2,680 $10,720
2019 $816 $12,380 $2,470 $9,910
2018 $794 $11,170 $2,230 $8,940
2017 $774 $9,570 $1,910 $7,660
2016 $688 $8,780 $1,750 $7,030
2015 $701 $8,260 $1,650 $6,610
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mary Thompson

    Realty East, Incorporated

    (480) 926-2533

    18 in this area

    29 Total Sales

    Mary Thompson
    Section Image
  • Javier Cota

    Buyer's Agent in 2020

    Javier Cota

    Play Realty

    (602) 501-6684

    61 Total Sales

    Javier Cota
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6089002

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-46-001

Arizona Maricopa County Mesa 85205 Central Mesa East

5534 E University Dr, Mesa, AZ

Not Listed for Sale

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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