tomo logo

$359,000

Beds
2
Baths
2.0
sq ft
1,271

5533 East Decatur Street, Mesa, AZ 85205

5533 East Decatur Street

Mesa, AZ 85205

  • 6 days on market
    • Price drop $900↓
This is what 'Move Right In' really means! Beautifully remodeled with so many tasteful and valuable updates. Recently replaced electrical and plumbing, roof, windows and air conditioning. Durable plank-style flooring, chic kitchen and baths. There's a spacious storage room and separate laundry. The big backyard with 2 large sheds and mature orange tree, is fully fenced and wonderfully private bordering open space with cactus gardens behind. Property taxes are very reasonable and you're in an ideal location close to highways, restaurants, shopping and services. Set in the popular Dreamland Villa 55+ community with OPTIONAL FEE that includes fantastic amenities: pools, sport courts, hobby rooms, walking trails, entertainment. This recently updated home is charming and truly move-in ready!

Details

Property type

Single Family Residence

Est. home value

$300,000

Lot size

7,647 sq ft

Price per sq ft

$283

Year built

1964

Annual property taxes

$880

HOA

No

Price History

03/24/2025
ArizonaRegional

ArizonaRegional #6839178

Price change
$359,000
-0.25%
03/21/2025
ArizonaRegional

ArizonaRegional #6839178

Listed
$359,900
+8.08%
05/31/2022
ArizonaRegional

ArizonaRegional #6378547

Sold
$333,000

Schools & Community

Elementary school: 

Adult

Middle school: 

Adult

High school: 

Adult

Community features: 

Tennis Court(s), Clubhouse, Fitness Center, Pool

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

$18,328
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$311,952
Cash to seller
$18,328

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2022

Original loan amount

$326,968

Est. remaining balance

$311,952

Interest rate

4.72%

Loan type

FHA, 30 year

Seller

Scott Stowers and Scott C Stowers

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: 03/28/2025 at 3:50 AM

Listing updated: 03/24/2025 at 11:06 AM

Listed by: Bill Salvatore, Arizona Elite Properties Phone #: (480) 899-9010

MLS: ArizonaRegional #6839178

ArizonaRegional logo

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