Active

5218 E Covina Road, Mesa, AZ 85205, Mesa AZ 85205

$274,000
2 bed · 913 sqft · Built 1964 · 0.18 acres

SHORT SALE APPROVED! 1-0 Lender-Paid Buydown subject to approval. This property has ALREADY BEEN APPRAISED and is currently listed below the appraised value. The lender has also confirmed the MINIMUM PROCEEDS REQUIREMENT, allowing room to structure an offer that may include SELLER CONCESSIONS, subject to lender approval. Enjoy low-maintenance Arizona living in the desirable Dreamland Villa 55+ community. This beautifully updated home features bright and inviting living spaces, an updated kitchen, renovated living areas, comfortable bedrooms, and an updated bathroom. Step outside to enjoy

5218 E Covina Road, Mesa, AZ 852055218 E Covina Road, Mesa, AZ 852055218 E Covina Road, Mesa, AZ 852055218 E Covina Road, Mesa, AZ 852055218 E Covina Road, Mesa, AZ 852055218 E Covina Road, Mesa, AZ 85205

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Mesa

This property is offered at $300 per square foot, compared with a $203 median for active 2-bedroom homes in Mesa. Its asking price falls near the 65th percentile of that active group. The comparison uses 934 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$300Listing $/sqft
$203Cohort median $/sqft
934Comparable active listings
0 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $300,000, and the median is $247 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
503 N BALBOA, Mesa, AZ 85205 May 28, 2026 4 bd · 1,460 sqft $415,000 0.1 mi
509 N 53RD Place, Mesa, AZ 85205 May 26, 2026 2 bd · 1,270 sqft $250,000 0.2 mi
510 N 54TH Street, Mesa, AZ 85205 Sep 28, 2026 2 bd · 1,332 sqft $305,000 0.2 mi
632 N BALBOA Circle, Mesa, AZ 85205 Jun 17, 2026 4 bd · 1,864 sqft $515,000 0.2 mi
5427 E COVINA Road, Mesa, AZ 85205 Jul 1, 2026 2 bd · 1,206 sqft $252,000 0.3 mi
5131 E DALLAS Street, Mesa, AZ 85205 Jun 26, 2026 4 bd · 1,551 sqft $410,000 0.3 mi
5416 E Baltimore Street, Mesa, AZ 85205 Jul 17, 2026 2 bd · 1,108 sqft $295,000 0.3 mi
5409 E DECATUR Street, Mesa, AZ 85205 Apr 29, 2026 2 bd · 1,217 sqft $280,000 0.3 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $274,000 · Active

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