NOT LISTED FOR SALE

Estimated Value: $313,000 - $368,000

2 Beds
2 Baths
1,380 Sq Ft
$244/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2025

Last sale price $340,000 $246 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,896 / mo

About This Home

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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2026
Sold by
Wilson Janice and Wilson Stephen
Bought by
Wilson Revocable Living Trust and Wilson
Current Estimated Value
$337,140

Purchase Details

Listed on
Feb 13, 2025
Closed on
May 28, 2025
Sold by
Chen Karl
Bought by
Wilson Janice and Wilson Stephen
Seller's Agent
Thomas Wiederstein
Redfin Corporation
Buyer's Agent
Deborah Keehart-Ross
Coldwell Banker Realty
List Price
$340,000
Sold Price
$340,000
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$272,000
Interest Rate
6.83%
Mortgage Type
New Conventional

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
-1.02%
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

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
Wilson Revocable Living Trust -- None Listed On Document
Wilson Janice $340,000 Equity Title Agency
Chen Karl -- None Listed On Document
Chen Karl -- None Listed On Document
Chen Karl $350,000 --
Bell Rei Llc $252,000 Magnus Title
Hake Janet $117,000 Fidelity National Title
Steinmetz Frank P -- --
Steinmetz Frank P -- --
Steinmetz Lawrence P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Janice $272,000
Previous Owner Chen Karl $262,500
Previous Owner Bell Rei Llc $258,300
Previous Owner Hake Janet $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2025 06/03/25 Sold $340,000 0.0% $246 / Sq Ft View Prior Sale
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 View Prior Sale
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 View Prior Sale
02/21/2022 02/21/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $252,000 -- $183 / Sq Ft

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 $1,088 $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

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