5502 E Colby Street, Mesa, AZ 85205 - Photo 1

1/1

$178,750

Sold
Closed
Single Family
2 Beds
1 Full Bath
0.18 Acres
1 Car Garage
Updated 3 hours ago

1/1

Property 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!

Full Property Details

Full Property Details for 5502 E Colby St

General

Sold For: $178,750
Taxes: $704 (2025)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6999683
Added to Site: 15 day(s) ago

Interior

Interior Features: Eat-in Kitchen
Appliances: Built-In Electric Oven
Flooring: Carpet, Linoleum

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Other Rooms

Laundry: In Garage

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Attached Garage, Separate Strge Area

Location

County: Maricopa
Township: 1N
Subdivision: DREAMLAND VILLA 5
Cross Streets: Higley & University

Community

Assoc. Fees Include: No Fees

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Natural Gas

Utilities

Water: City Water

Structural Information

Architectural Style: Ranch,
Builder: Farnsworth
Exterior Const.: Block
Roof: Composition
Sq. Ft. Source: Assessor
Year Built: 1962
Property Condition: Fixer

Lot Features

Lot Size (Acres): 0.18
Lot Size (Sq. Ft.): 7,701
Lot Size Source: Assessor
Lot Features: Gravel/Stone Front, Gravel/Stone Back
Fencing (Description): Chain Link

Financial Considerations

Tax Amount: $704
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: Age Restricted (See Remarks), Probate Listing
Legal Description: LOT 474 DREAMLAND VILLA 5 MCR 009534
Property ID: 141-46-147
Range: 6E
Section: 14
Lot Number: 474

Listed by My Home Group Real Estate
Sold by My Home Group Real Estate

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Schools

Schools serving 5502 E Colby St

School District:Mesa Unified District

Name	Grades	Distance
O'Connor Elementary School 4840 East Adobe Street, Mesa, AZ 85205	PK-6	0.9 mi
Shepherd Junior High School 1407 North Alta Mesa Drive, Mesa, AZ 85205	7-8	1 mi
Red Mountain High School 7301 East Brown Road, Mesa, AZ 85207	9-12	2.2 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 5502 E Colby St

Date

Details

Price

Change

Source

3/31/2026

Sold

$178,750

-14.88%

MLS

3/17/2026

Listed

$210,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5502 E Colby Street, Mesa, AZ 85205 (MLS# 6999683) is a Single Family property that was sold at $178,750 on March 31, 2026. Want to learn more about 5502 E Colby Street? 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.

5502 E Colby St Mesa, AZ 85205