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Sold for $275,000
  • $275,000

    507 N 55TH Place, Mesa, AZ 85205

    2beds
    936sqft
    Single Family Residence
    Built in 1962
    7,447 Square Feet Lot
    $274,400 Zestimate®
    $294/sqft
    $1,982 Estimated rent

    Home value

    $274,400

    $250,000 - $299,000

    $1,982/mo

    Zestimate® history
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    What's special

    Welcome to this well-maintained, furnished home in the popular 55+ community of Dreamland Villa. Designed for comfort and convenience, this home is equipped with dual pane windows and owned solar panels for energy savings year-round. You'll love the great outdoor spaces this property offers, including a very large covered front patio, perfect for morning coffee and a spacious fenced backyard with orange trees, two storage sheds, and an extended covered patio—ideal for entertaining or simply relaxing. Inside the home features neutral paint, ceiling fans throughout, carpet in the family room and bedrooms with tile in the kitchen and baths. The bright, inviting eat-in kitchen has solid cabinets, tile backsplash, tile flooring & even a ceiling fan. Located close to shopping, dining, and hospitals, this home provides convenience as well as community. Residents can enjoy access to pools, activities, clubs, and more with a low annual membership fee.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Rickli 602-620-4263,

    Better Homes & Gardens Real Estate SJ Fowler,

    Lynne Rivera 602-316-5034,

    Better Homes & Gardens Real Estate SJ Fowler

    Bought with:

    Corey Martinez, BR660072000

    Venture REI, LLC

    Source: ARMLS,MLS#: 6927794MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Refrigerator
    Features
    • Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm, Laminate Counters
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 936
    • Total interior livable area: 936 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Storage
    • Carport spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: Bath Lever Faucets
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Storage
    • Spa features: None
    • Fencing: Block,Chain Link
    Lot
    • Size: 7,447 Square Feet
    • Features: Desert Back, Desert Front
    Details
    • Parcel number: 14146116
    • Special conditions: Age Restricted (See Remarks)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1962
    Details
    • Builder name: Farnsworth

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: City Water
    Green energy
    • Energy efficient items: Solar Panels

    Community & HOA

    Community
    • Features: Pool, Pickleball, Community Spa, Community Spa Htd, Biking/Walking Path, Fitness Center
    • Senior community: Yes
    • Subdivision: DREAMLAND VILLA 5
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Mesa

    Financial & listing details

    • Price per square foot: $294/sqft
    • Tax assessed value: $206,700
    • Annual tax amount: $792
    • Date on market: 10/4/2025
    • Cumulative days on market: 28 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/17/2025Sold$275,000-3.5%$294/sqft
    Source: ARMLS #6927794 Report a problem
    11/19/2025Pending sale$285,000$304/sqft
    Source: ARMLS #6927794 Report a problem
    11/11/2025Price change$285,000-1.4%$304/sqft
    Source: ARMLS #6927794 Report a problem
    10/29/2025Listed for sale$289,000$309/sqft
    Source: ARMLS #6927794 Report a problem
    10/11/2025Pending sale$289,000$309/sqft
    Source: ARMLS #6927794 Report a problem
    10/4/2025Listed for sale$289,000-8.3%$309/sqft
    Source: ARMLS #6927794 Report a problem
    1/1/2024Listing removed$315,000$337/sqft
    Source: ARMLS #6606600 Report a problem
    10/17/2023Price change$315,000+10.5%$337/sqft
    Source: ARMLS #6606600 Report a problem
    10/5/2023Listed for sale$285,000+68.1%$304/sqft
    Source: ARMLS #6606600 Report a problem
    4/5/2019Sold$169,500$181/sqft
    Source: ARMLS #5865585 Report a problem
    1/10/2019Listed for sale$169,500+182.5%$181/sqft
    Source: Keller Williams Integrity First #5865435 Report a problem
    4/1/1996Sold$60,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$718 -0.5%$20,670 -11.9%
    2024$722 -1.8%$23,470 +166.6%
    2023$735 -4.7%$8,805 -43.5%
    2022$771 +0%$15,580 +15.8%
    2021$771 +7.4%$13,450 +12.3%
    2020$717 -13.1%$11,980 +7.4%
    2019$826 $11,150 +13.1%
    2018$826 +2.5%$9,860 +14%
    2017$805 +10.5%$8,650 +7.5%
    2016$729 +1.3%$8,050 +5.9%
    2015$720 $7,600 +26.2%
    2014-- $6,020 +16.7%
    2013-- $5,160 -6.2%
    2012-- $5,500 -15.6%
    2011-- $6,520 -18.5%
    2010-- $8,000 -22.9%
    2009-- $10,370 -13.6%
    2008-- $12,000 +16.5%
    2007-- $10,300 +36.4%
    2006-- $7,550
    2005-- $7,550 +19.8%
    2004-- $6,300
    2003-- $6,300 +10.5%
    2002-- $5,700
    Find assessor info on the county website

    Neighborhood: 85205

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $274,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $274,400