Sold for $309,000

$309,000

5720 E UNIVERSITY Drive, Mesa, AZ 85205

2beds

2baths

1,243sqft

Single Family Residence

Built in 1962

7,809 Square Feet Lot

$308,000 Zestimate^®

$249/sqft

$2,294 Estimated rent

Home value

$308,000

$280,000 - $339,000

$2,294/mo

Zestimate^® history

Owner options

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$2,294/mo

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$2,294/mo

Rent Zestimate^®

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$2,044/mo

Est. payment

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$2,044/mo

Est. payment

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What's special

This fabulous home in Velda Rose Estates centrally located in Mesa is ready for a new owner! 2 nice sized bedrooms and 2 bathrooms are just the start of this awesome home. Updated flooring, eat-in kitchen, dining area, large living room and tons of storage throughout makes this one special! Large, fully enclosed back yard with low maintenance plants, extra shed for gardening tools or just more storage, outside laundry area and a huge covered back patio ready for you to enjoy your morning coffee on! 1 car garage is a bonus area you thought you never needed but will love when you can park your car and be out of the AZ heat! Velda Rose Estates is an age- restricted community with very low annual costs for the HOA and community center use and pool!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Built-In Electric Oven

Features

High Speed Internet, Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm
Flooring: Carpet, Laminate
Windows: Double Pane Windows
Has basement: No

Interior area

Total structure area: 1,243
Total interior livable area: 1,243 sqft

Property

Parking

Total spaces: 3
Parking features: Garage Door Opener
Garage spaces: 1
Uncovered spaces: 2

Accessibility

Accessibility features: Bath Grab Bars

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Storage
Pool features: None
Spa features: None
Fencing: Other,Block

Lot

Size: 7,809 Square Feet
Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back

Details

Parcel number: 14178005
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

Community & HOA

Community

Features: Community Spa, Community Spa Htd, Near Bus Stop, Biking/Walking Path
Subdivision: VELDA ROSE ESTATES

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Other (See Remarks)
HOA fee: $250 annually
HOA name: Velda Rose
HOA phone: 480-948-5860

Location

Region: Mesa

Financial & listing details

Price per square foot: $249/sqft
Tax assessed value: $221,800
Annual tax amount: $1,073
Date on market: 6/2/2025
Cumulative days on market: 112 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Ownership: Fee Simple

Price history

Date	Event	Price
9/26/2025	Sold	$309,000$249/sqft
Source: ARMLS #6869469 Report a problem
9/22/2025	Pending sale	$309,000$249/sqft
Source: ARMLS #6869469 Report a problem
6/2/2025	Listed for sale	$309,000+47.1%$249/sqft
Source: ARMLS #6869469 Report a problem
6/30/2020	Listing removed	$210,000$169/sqft
Source: West USA Realty #6080746 Report a problem
6/30/2020	Listed for sale	$210,000-3.9%$169/sqft
Source: West USA Realty #6080746 Report a problem
6/29/2020	Sold	$218,500+4%$176/sqft
Source: ARMLS #6080746 Report a problem
5/25/2020	Pending sale	$210,000$169/sqft
Source: West USA Realty #6080746 Report a problem
5/21/2020	Listed for sale	$210,000+244.3%$169/sqft
Source: West USA Realty #6080746 Report a problem
8/3/2011	Sold	$61,000$49/sqft
Source: Public Record Report a problem
4/1/2011	Listed for sale	$61,000-16.4%$49/sqft
Source: Desert View Realty, LLC #4560466 Report a problem
3/11/2011	Sold	$73,000-52.9%$59/sqft
Source: Public Record Report a problem
5/26/2008	Listing removed	$155,000$125/sqft
Source: Homes.com #2828249 Report a problem
4/22/2008	Listed for sale	$155,000+144.1%$125/sqft
Source: Homes.com #2828249 Report a problem
3/16/1995	Sold	$63,500+19.8%$51/sqft
Source: Public Record Report a problem
1/7/1994	Sold	$53,000$43/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$818 -17.4%	$22,180 -11.8%
2024	$990 -1.3%	$25,150 +150.6%
2023	$1,004 -3.6%	$10,034 -40.2%
2022	$1,041 +1.1%	$16,770 +16.3%
2021	$1,030 +7%	$14,420 +8.8%
2020	$962 +2.8%	$13,250 +7.7%
2019	$936	$12,300 +10.7%
2018	$936 +2.6%	$11,110 +16.3%
2017	$912 +10.2%	$9,550 +8.4%
2016	$827 +1.9%	$8,810 +5.9%
2015	$811	$8,320 +24.2%
2014	--	$6,700 +13.9%
2013	--	$5,880 -5.6%
2012	--	$6,230 -16.5%
2011	--	$7,460 -18.7%
2010	--	$9,180 -21.3%
2009	--	$11,670 -11.6%
2008	--	$13,200 +82.1%
2007	--	$7,250
2006	--	$7,250
2005	--	$7,250
2004	--	$7,250
2003	--	$7,250 +7.4%
2002	--	$6,750