tomo logo

$380,000

Beds
2
Baths
3.0
sq ft
1,271

5422 East Des Moines Street, Mesa, AZ 85205

5422 East Des Moines Street

Mesa, AZ 85205

  • 4 days on market
    • Open house Apr 05
Discover modern yet classic charm in this beautifully updated home, nestled in a sought-after 55+ community. Walk in and you're greeted with a light-filled room and stunning kitchen. Journey further in and you'll find an Arizona Room that has been transformed into a private studio apartment, a generously sized workshop, and a 12x12 shed in the backyard equipped with plumbing and air-conditioning. This home offers more than a place to live—it provides style and practicality.

Details

Property type

Single Family Residence

Est. home value

$313,816

Lot size

7,050 sq ft

Price per sq ft

$299

Year built

1965

Annual property taxes

$874

HOA

No

Price History

04/01/2025
ArizonaRegional

ArizonaRegional #6842428

Listed
$380,000
+5.56%
08/08/2024
ArizonaRegional

ArizonaRegional #6712985

Removed
$360,000
06/20/2024
ArizonaRegional

ArizonaRegional #6712985

Price change
$360,000
-5.24%

Schools & Community

Elementary school: 

Adult

Middle school: 

Adult

High school: 

Adult

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks

High school district: 

Adult

Senior community center: 

Yes

Seller’s Loan History

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

Lender

Department Of Housing & Urban Dev

Loan start date

October 2023

Original loan amount

$6,829

Est. remaining balance

$6,715

Interest rate

7.18%

Loan type

FHA, 28 year

Seller

Ernesto Martinez

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2021

Original loan amount

$304,385

Est. remaining balance

$280,456

Interest rate

2.77%

Loan type

FHA, 30 year

Seller

Ernesto B Martinez and Ernesto Martinez

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: 04/02/2025 at 8:15 AM

Listing updated: 04/01/2025 at 4:36 PM

Listed by: Armando Valadez Gonzalez, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6842428

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