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5540 E COLBY Street, Mesa, AZ 85205

Dreamland Villa · Maricopa County

Key Facts

2Beds
2Baths
1,064Sq Ft
1961Year Built
0.18Lot (acres)
1Stories

Listing Courtesy: Incyte Realty, LLC - 4804099000

Description

THE PHOTOS DO NOT DO THIS ONE JUSTICE!!! This gorgeous property has been completely remodeled from top to bottom. It features great curb appeal with easy care landscape. The designer upgrades include interior & exterior two-tone paint, carpet, 20'' tile, kitchen cabinets, slab granite, stainless appliances, ceiling fans, light fixtures, hardware, vanities and commodes. Nothing was left out! Additional updated features include dual pane windows, TRANE A/C unit-2012, energy efficient hot water heater-2013, hot water loop. Brand new electrical panel just installed. No neighbors behind. Property backs to community preserve w/ walking trail. The 145 sf AZ room & 100sf laundry room/craft room are not included in sf. Dreamland Villa offers an optional community membership for $175 per year Carport is easily converted to a garage. It is constructed of slump block walls, just needs a garage door. Take a look at the others in the neighborhood. Must were originally carports.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch

Year Built

1961

Stories

1

Living Area

1,064 sq ft

Lot Size

0.18 acres

Listing #

5212963

Property Features

Interior

PantryHigh Speed InternetGranite Counters

Exterior

Storage

Appliances

MicrowaveDishwasherElectric RangeElectric OvenDryerWasher

Cooling

Ceiling Fan(s)

Heating

Electric

Flooring

CarpetTile

Fireplace

None

Pool

Heated

Parking

RV Access/Parking

Patio

CoveredPatio

Fencing

PartialWood

Lot Features

Desert BackDesert Front

Construction

Block

Roof

Composition

Windows

Double Pane Windows

Community

ClubhouseFitness CenterPoolSidewalks

Utilities

Cable Available

Sewer

Septic Tank

Water Source

Public

Schools

Elementary:
Adult
Middle:
Adult
High:
Adult

Financial Details

HOA

None

Annual Taxes

$460

Tax year 2014

Parcel Number

141-46-141

Directions

North of University on Higley to Colby, east to property.

Affordability Calculator

$29,800

Estimated monthly payment

$793/mo

Principal $119,200 · Est. interest $166,295 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Mesa, AZ

$414,828
Median Listing Price
61
Median Days on Market
1,554
Median Sq Ft
$253
Median Price / Sq Ft
1,804
Active Listings
  • This home’s price is 64% below the area median.
  • Its price per sq ft is 45% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Mesa, AZ.

Location

Map showing the location of 5540 E COLBY Street, Mesa, AZ 85205

Points of Interest in Mesa, AZ

Showing the Mesa area map.

Nearby Schools

  • Learning Foundation and Performing Arts Charter School

    School · 0.8 mi away

  • Sandra Day O'Connor Elementary

    Elementary · 0.9 mi away

  • Shepherd Junior High School

    Secondary · 1.1 mi away

  • Pieceful Solutions

    School · 1.1 mi away

  • Ramon S. Mendoza Elementary

    Elementary · 1.3 mi away

  • Faith Christian School

    Secondary · 1.3 mi away

  • Faith Christian School

    School · 1.4 mi away

  • Desert Shadows Montessori

    Elementary · 1.4 mi away

  • Barbara Bush Elementary

    Elementary · 1.6 mi away

  • John C. Fremont Junior High School

    Secondary · 1.7 mi away

  • Madison Elementary School

    Elementary · 1.8 mi away

  • Marjorie Entz Elementary

    Elementary · 1.8 mi away

  • Mesa Academy for Advanced Studies

    School · 1.8 mi away

  • Saguaro Hills Christian School

    School · 1.9 mi away

  • Franklin Northeast Elementary School

    Elementary · 1.9 mi away

  • Salk Elementary

    Elementary · 2.0 mi away

  • Self Development Preschool

    Elementary · 2.0 mi away

  • Jefferson Elementary School

    Elementary · 2.1 mi away

  • Atp Flight School

    School · 2.1 mi away

  • Sharp School

    Elementary · 2.1 mi away

Commute Calculator

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Mesa

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Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: 2014-12-20

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by ArizonaRegional. Listing #5212963. © 2026EXIT Realty®. All rights reserved.