tomo logo

$299,000

Beds
2
Baths
2.0
sq ft
1,183

509 North 56th Street, Mesa, AZ 85205

509 North 56th Street

Mesa, AZ 85205

  • 3 days on market
Charming 3-bedroom, 2-bathroom home in a sought-after 55+ retirement community. This well-maintained property offers a garage and a double driveway for plenty of parking. Outside, enjoy a low-maintenance front yard, a covered back patio, and the beauty of mature citrus trees. Inside, you'll find a blend of cozy carpet and easy-to-care-for tile flooring, with ceiling fans in every room for added comfort. The kitchen features classic wood-finish cabinets, white appliances, and lovely tile countertops. Additional perks include a spacious Arizona room and a dedicated laundry room. Fully furnished, with the potential for the furniture to convey with a strong offer. Ideally located just steps from the Velda Rose Desert Nature Trail, and conveniently close to shopping, freeways, and more.

Details

Property type

Single Family Residence

Est. home value

$286,607

Lot size

7,453 sq ft

Price per sq ft

$253

Year built

1967

Annual property taxes

$843

Monthly HOA fee

$20.83

Price History

03/27/2025
ArizonaRegional

ArizonaRegional #6842110

Price change
$299,000
+4.95%
03/27/2025
ArizonaRegional

ArizonaRegional #6842110

Listed
$284,900
-1.42%
01/24/2025
ArizonaRegional

ArizonaRegional #6765367

Sold
$289,000
+1.44%

Schools & Community

Elementary school: 

Adult

Middle school: 

Adult

High school: 

Adult

Community features: 

Clubhouse, Pool, Sidewalks

High school district: 

Adult

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$17,340
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$257,740
Cash to seller
$17,340

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

May 2022

Original loan amount

$270,146

Est. remaining balance

$257,740

Interest rate

4.72%

Loan type

FHA, 30 year

Seller

William R Snedeker Ii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 7:05 PM

Listing updated: 03/29/2025 at 2:06 PM

Listed by: Don T Mortensen, LRA Real Estate Group, LLC Phone #: (480) 526-5644

MLS: ArizonaRegional #6842110

ArizonaRegional logo

Recently listed in Mesa