$340,000
SOLD JUN 3, 2025
2 Beds
2 Baths
1,380 Sq Ft
7,390 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

86 Days on Market

Highlights

  • RV Access or Parking
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Franklin at Brimhall Elementary School Rated A
  • Community Pool
  • Mechanical Sun Shade

About This Home

As of June 2025

This charming modern throughout 2-bedroom, 2-bathroom home at 5725 E Colby St in Mesa, Arizona, offers 1,380 square feet of comfortable living space and has been thoughtfully remodeled to provide a modern and inviting atmosphere. The residence is located in the 55+ active adult community of Velda Rose Estates where residents can enjoy amenities (conveniently located right across the street) such as a heated community pool and spa, biking and walking paths, and a clubhouse. The open floor plan enhances the home's airy feel, with luxury vinyl plank flooring throughout and cozy carpeting in the bedrooms The kitchen boasts new cabinets, quartz countertops, and stainless steel appliances, including a stove, oven, microwave, and chef's vent hood. A new farm sink and faucet complete the space. Newly remodeled bathrooms, new roof, wired with multiple outdoor outlets. Two-car garage and three outdoor parking spaces. Situated on a 7,390-square-foot lot, the property offers a private backyard with low maintenance landscaping, 20x12 ft gazebo over back yard patio, and hot tub hook-up, providing a private and serene outdoor retreat.

Last Agent to Sell the Property

Thomas Wiederstein

Redfin Corporation License #SA675668000 Listed on: 02/13/2025

Redfin Corporation

Last Buyer's Agent

Deborah Keehart-Ross

Coldwell Banker Realty License #SA631219000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1963

Lot Details

  • 7,390 Sq Ft Lot
  • Desert faces the back of the property
  • Chain Link Fence

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Room Addition Constructed in 2022
  • Roof Updated in 2023
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Mechanical Sun Shade
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Floors Updated in 2022
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2022
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • O'connor Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Central Air
  • Heating Available
  • Wiring Updated in 2022
  • Septic Tank

Additional Features

  • No Interior Steps
  • Screened Patio

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 141-78-065

Community Details

Overview

  • Association fees include ground maintenance
  • Velda Rose Estates Association, Phone Number (480) 748-1279
  • Velda Rose Estates 2 Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,314

Year Built

Built in 1963

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Cross Street: University Dr. and Higley Rd.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 18.33
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2023
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2024
  • Directions: From University Dr. Go North on Higley Rd. Turn R on Colby St. The property is on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: VELDA ROSE ESTATES 2
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 220.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 1380.0
  • Stories: 1
  • Window Features: Mechanical Sun Shds, Vinyl Frame
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Screened in Patio(s)
  • Lot Features: Desert Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool, Biking/Walking Path
  • Association Fee: 220.0
  • Association Fee Frequency: Annually
  • Association Name: Velda Rose Estates
  • Phone: 480-748-1279
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 1000.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Velda Rose Estates
  • Association Fees:HOA Telephone4: 480-748-1279
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7390.0
  • Parcel #: 141-78-065

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1314.0
  • Tax Book Number: 141.00
  • Tax Lot: 61
  • Tax Map Number: 78.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Chen Deborah A
Bought by
Chen Karl

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 1, 2022
Sold by
Bell Rei Llc
Bought by
Chen Karl and Chen Deborah
Seller's Agent
REBECCA BELL
Realty ONE Group
Buyer's Agent
Thomas Wiederstein
Redfin Corporation
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Original Mortgage
$262,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2022
Closed on
Feb 28, 2022
Sold by
Janet Hake
Bought by
Bell Rei Llc
Seller's Agent
Rich Stengel
Realty ONE Group
Buyer's Agent
Rich Stengel
Realty ONE Group
List Price
$252,000
Sold Price
$252,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.09%
Original Mortgage
$258,300
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
Steinmetz Frank P and Steinmetz Michele K
Bought by
Hake Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Steinmetz Frank P
Bought by
Steinmetz Frank P and Steinmetz Michele K

Purchase Details

Closed on
May 24, 1995
Sold by
Steinmetz Lawrence P and Steinmetz Thelma R
Bought by
Steinmetz Lawrence P and Steinmetz Thelma R
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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $350,000 --
Warranty Deed $252,000 Magnus Title
Warranty Deed $117,000 Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $262,500 New Conventional
Previous Owner $258,300 New Conventional
Previous Owner $132,000 Fannie Mae Freddie Mac
Previous Owner $13,000 Stand Alone Second
Previous Owner $117,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Sold $340,000 0.0% $246 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $340,000 0.0% $246 / Sq Ft
05/07/2025 05/07/25 Off Market $340,000 -- --
04/21/2025 04/21/25 Price Changed $340,000 -2.3% $246 / Sq Ft
04/09/2025 04/09/25 Price Changed $348,000 -0.6% $252 / Sq Ft
02/24/2025 02/24/25 Price Changed $350,000 -2.8% $254 / Sq Ft
02/13/2025 02/13/25 For Sale $360,000 +2.9% $261 / Sq Ft
09/13/2022 09/13/22 Sold $350,000 -1.4% $254 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/17/2022 07/17/22 For Sale $355,000 +40.9% $257 / Sq Ft
03/07/2022 03/07/22 Sold $252,000 0.0% $183 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $252,000 -- $183 / 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 $1,314 $13,377 -- --
2024 $1,303 $12,740 -- --
2023 $1,303 $23,320 $4,660 $18,660
2022 $1,276 $17,870 $3,570 $14,300
2021 $1,089 $15,950 $3,190 $12,760
2020 $846 $12,820 $2,560 $10,260
2019 $786 $11,880 $2,370 $9,510
2018 $758 $10,570 $2,110 $8,460
2017 $745 $9,280 $1,850 $7,430
2016 $723 $8,700 $1,740 $6,960
2015 $682 $8,220 $1,640 $6,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6820021

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-78-065