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$279,500

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 0.18 Acres
  • Updated 8 days ago
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SHORT SALE APPROVED! This property has ALREADY BEEN APPRAISED and is currently listed below the appraised value. The lender has also confirmed the MINIMUM PROCEEDS REQUIREMENT, allowing room to structure an offer that may include SELLER CONCESSIONS, subject to lender approval. Enjoy low-maintenance Arizona living in the desirable Dreamland Villa 55+ community. This beautifully updated home features bright and inviting living spaces, an updated kitchen, renovated living areas, comfortable bedrooms, and an updated bathroom. Step outside to enjoy multiple patio spaces and a private backyard, perfect for relaxing or entertaining. Dreamland Villa offers voluntary community amenities, including pools, spas, pickleball, fitness facilities, hobby clubs, and social activities. Conveniently located near Superstition Mall, dining, golf, medical facilities, and freeway access, this move-in-ready home offers comfort, convenience, and an active Arizona lifestyle. For additional details regarding the short sale approval, lender requirements, and offer terms, please reach out to the listing agent.

Full Property Details for 5218 E Covina Rd

General

  • Price: $279,500
  • Taxes: $705 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7063533
  • Updated: 9/21/2026
  • Added to Site: 49 day(s) ago

Interior

  • Interior Features: Non-laminate Counter, Eat-in Kitchen
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Parking

  • Parking Features: RV Access/Parking, Direct Access

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: DREAMLAND VILLA 6
  • Cross Streets: Higley Road & University Drive

Community

  • Assoc. Fees Include: No Fees

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Wall/Window Air Conditioning
  • Heating Type: Electric

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Ranch,
  • Builder: Farnsworth
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 8,000
  • Lot Size Source: Assessor
  • Lot Features: North/South Exposure, Desert Back, Desert Front, Gravel/Stone Back

Financial Considerations

  • Tax Amount: $705.02
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 538 DREAMLAND VILLA 6 MCR 009949
  • Property ID: 141-47-064
  • Range: 6E
  • Section: 14
  • Lot Number: 538

Listed by Pak Home Realty

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Listing agent

— 5218 E Covina Rd —

  • Pak Home Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5218 E Covina Rd

School District:Mesa Unified District
NameGradesDistance
O'Connor Elementary School
4840 East Adobe Street, Mesa, AZ 85205
PK-60.6 mi
Shepherd Junior High School
1407 North Alta Mesa Drive, Mesa, AZ 85205
7-81.3 mi
Red Mountain High School
7301 East Brown Road, Mesa, AZ 85207
9-122.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5218 E Covina Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/21/2026
Price Increased
$279,500
5.47%
MLS
8/31/2026
Price Increased
$265,000
2.32%
MLS
8/27/2026
Price Reduced
$259,000
-5.82%
MLS
8/12/2026
Listed
$275,000
-8.33%
MLS
4/24/2023
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5218 E Covina Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$705
—
$8,937
-58%
2025
$705
-2%
$21,250
-4%
2023
$717
-14%
$22,130
15%
2022
$831
—
$19,220
30%
2022
$831
18%
$14,750
15%
2021
$707
16%
$12,820
22%
2019
$611
-13%
$10,520
-9%
2020
$701
42%
$11,560
24%
2018
$492
8%
$9,360
15%
2017
$455
5%
$8,130
8%
2016
$434
16%
$7,520
7%
2015
$373
7%
$7,060
28%
2014
$348
-3%
$5,530
16%
2013
$357
—
$4,750
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5218 E Covina Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Pak Home Realty

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5218 E Covina Road, Mesa, AZ 85205 (MLS# 7063533) is a Single Family property with 2 bedrooms and 1 full bathroom. 5218 E Covina Road is currently listed for $279,500 and was received on August 12, 2026. Want to learn more about 5218 E Covina Road? Do you have questions about finding other Single Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

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