5502 E COLBY Street, Mesa, AZ 85205 (MLS# 6999683)

5502 E COLBY Street, Mesa, AZ 85205

New Listing

$210,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 884 Lot Size (sq. ft.): 7,701 Status: Pending

Current Price: $210,000 List Date: 3/17/2026 Last Modified: 3/18/2026

Description

Take advantage of this fantastic investment opportunity! This charming 2-bedroom home in the adult Community of Dreamland Villa greets you with an attached garage, mature trees that provide natural shade, and an inviting front patio! Discover cozy living areas and a well-appointed kitchen for culinary adventures. Both bedrooms are well-sized for a private retreat. Unwind at the end of a long day in the backyard, which includes a patio for outdoor relaxation. With a bit of TLC, you can turn this into your dream home. Make it yours now!

More Information MLS# 6999683

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $210,000 Status: Pending Current Price: $210,000 List Date: 2026-03-14

Location, Tax & Legal

Assessor's Map #: 46 Legal Description (Abbrev): LOT 474 DREAMLAND VILLA 5 MCR 009534 Assessor's Parcel #: 147 Tax Municipality: Maricopa - COUNTY Taxes: 704 House Number: 5502 Compass: E Street Name: COLBY St Suffix: Street City/Town Code: Mesa State/Province: AZ Zip Code: 85205 Zip4: 7342 County Code: Maricopa Assessor Number: 141-46-147 Subdivision: DREAMLAND VILLA 5 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 1 Half Bathrooms: 0 Approx SQFT: 884 Price/SqFt: 237.56 Approx Lot SqFt: 7701 Approx Lot Acres: 0.177 Horses: N Builder Name: Farnsworth Lead Based Hazard Disclosure: Yes Elementary School District: Adult High School District: Adult Elementary School: Adult Jr. High School: Adult High School: Adult Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 2 Total Bathrooms: 1 Year Built: 1962

Legal Info

Range: 6E Section: 14 Township: 1N Lot Number: 474

Special Listing Cond

Probate/Estate: 1 Age Restricted (See Remarks): 1

Construction

Block: 1

Const - Finish

Other (See Remarks): 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Rec Center Fee Y/N: Y Rec Center Fee: 270 Rec Center Pd (Freq): Annually Ttl Mthly Fee Equiv: 22.5

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Supra: 1

Architecture

Ranch: 1

Master Bathroom

None: 1

Add'l Property Use

None: 1

Flooring

Carpet: 1 Linoleum: 1

Community Features

Biking/Walking Path: 1 Clubhouse/Rec Room: 1 Community Laundry: 1 Community Spa Htd: 1 Golf: 1

Dining Area

Eat-in Kitchen: 1

Heating

Natural Gas: 1

Kitchen Features

Built-In Electric Oven: 1

Cooling

Central Air: 1

Interior Features

Fix-Up Needs Repair: 1

Laundry

In Garage: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Chain Link: 1

Water Source

City Water: 1

Community Pool Features

Outdoor: 1

Exterior Features

Patio: 1

Spa

None: 1

Sewer

Septic Tank: 1 Septic-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 1 Total Covered Spaces: 1 Garage Spaces: 1

Parking Features

Separate Strge Area: 1 Attached Garage: 1

New Financing

Cash: 1 Conventional: 1

Utilities

SRP: 1 City Gas: 1

Existing 1st Loan

Conventional: 1

Landscaping

Gravel/Stone Front: 1 Gravel/Stone Back: 1

Disclosures

None: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Higley & University Directions: E on University and N on 55th Place, W on Colby to home Geo Lat: 33.425987 Geo Lon: -111.712495

Status Change Info

Off Market Date: 2026-03-17 Under Contract Date: 2026-03-16

Property Features

Special Listing Cond: Probate/Estate; Age Restricted (See Remarks) Add'l Property Use: None Architecture: Ranch Master Bathroom: None Flooring: Carpet; Linoleum Community Pool Features: Outdoor Spa: None Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Laundry; Community Spa Htd; Golf Dining Area: Eat-in Kitchen Kitchen Features: Built-In Electric Oven Laundry: In Garage Other Rooms: Family Room Interior Features: Fix-Up Needs Repair Exterior Features: Patio Parking Features: Attached Garage; Separate Strge Area Construction: Block Const - Finish: Other (See Remarks) Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: SRP; City Gas Water Source: City Water Sewer: Septic Tank; Septic-In & Connected Fencing: Chain Link Landscaping: Gravel/Stone Front; Gravel/Stone Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: None

Listing Office: My Home Group Real Estate

Last Updated: March - 18 - 2026