5240 E Colby St, Mesa, AZ 85205
Property image
Property image
OFF MARKET

5240 E Colby St
Mesa, AZ 85205

  • 2 Beds
  • 2 Baths
  • 1,152 sqft

$319,500

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,813/mo*
Refinance Your Home

$319,500

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,813/mo*
Refinance Your Home
2 Beds
2 Baths
1,152 sqft

Home Value

Trulia Estimate
$320K
Since last month
Decreased$600 (-0.2%)
Since last year
Decreased$6K (-1.9%)
Since last sale
Decreased$3K (-0.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +133% in the last 10 years
MonthEstimated value
2026
August 2026$320K
July 2026$320K
June 2026$322K
May 2026$322K
April 2026$325K
March 2026$326K
February 2026$327K
January 2026$324K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5226 E COLBY Street, Mesa, AZ
0.03
Single-Family Home
$280,000
08/22/25
2
2
1,152
5252 E des moines Street, Mesa, AZ
0.12
Single-Family Home
$325,500
03/10/26
2
1.5
1,280
5237 E Dallas Street, Mesa, AZ
0.13
Single-Family Home
$345,000
02/17/26
2
2
1,214
532 N 54TH Street, Mesa, AZ
0.14
Single-Family Home
$305,000
01/29/26
2
2
1,196
5228 E DES MOINES Street, Mesa, AZ
0.12
Single-Family Home
$319,900
03/24/26
2
2
1,423
509 N 53RD Place, Mesa, AZ
0.14
Single-Family Home
$250,000
05/26/26
2
2
1,270
5325 E DES MOINES Street, Mesa, AZ
0.12
Single-Family Home
$215,000
01/16/26
2
2
1,118
5409 E DECATUR Street, Mesa, AZ
0.19
Single-Family Home
$280,000
04/29/26
2
2
1,217
5349 E DALLAS Street, Mesa, AZ
0.18
Single-Family Home
$335,000
04/09/26
2
2
1,581
5345 E DALLAS Street, Mesa, AZ
0.17
Single-Family Home
$297,000
03/20/26
2
2
1,619

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5302 E COLBY Street, Mesa, AZ 85205
0.04
$313,100
2
2
1,217
Off Market
5316 E COLBY Street, Mesa, AZ 85205
0.07
$378,800
3
2
1,716
Off Market
5302 E CASPER Road, Mesa, AZ 85205
0.07
$223,800
2
2
1,217
Off Market
5226 E COLBY Street, Mesa, AZ 85205
0.03
$278,500
2
2
1,152
Off Market
5317 E Colby Street, Mesa, AZ 85205
0.08
$248,200
2
2
1,152
Off Market
5310 E CASPER Road, Mesa, AZ 85205
0.08
$332,500
2
2
1,427
Off Market
5218 E COLBY Street, Mesa, AZ 85205
0.04
$322,300
2
2
1,273
Off Market
5301 E CASPER Street, Mesa, AZ 85205
0.09
$241,600
2
2
1,310
Off Market
5335 E DECATUR Street, Mesa, AZ 85205
0.11
$303,400
2
1
1,064
Off Market
5241 E CASPER Road, Mesa, AZ 85205
0.08
$286,600
2
1
1,100
Off Market
5218 E Casper Street, Mesa, AZ 85205
0.06
$292,100
2
2
1,366
Off Market
5226 E DECATUR Street, Mesa, AZ 85205
0.07
$285,200
2
2
1,271
Off Market

Local Information

  • Map ViewExplore the area around 5240 E Colby St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1963
Living Area
1,152 sqft
Price/Sqft
$277

About this House

JUST BEAUTIFUL! This immaculate home is now available in the popular ACTIVE ADULT 55+ Mesa neighborhood of Dreamland Villa...... NICE FLOOR PLAN with remodeled kitchen and bathrooms, spacious great room, dining off the kitchen, 2 bedrooms 1.75 baths, and screened in patio AZ room. Also 1 CAR GARAGE AND RV PARKING with new RV gates. Nice size lot with low maintenance front and back yards. Right out the back gate is Dreamland Villa's Nature Trail for those morning and evening walks. HOA IS VOLUNTARY with a low annual membership fee but is recommended to take advantage of the plenty of amenities it has to offer for the active lifestyle. This MOVE IN READY home is CONVENIENTLY LOCATED with easy access to freeways, shopping, and entertainment. Check it out today!
5240 E Colby St, Mesa, AZ 85205 is a 2 bedroom, 2 bathroom, 1,152 sqft single-family home built in 1963. It last sold for $322,000 on Nov 16, 2021. It is currently off market. The Trulia Estimate is $319,500, with a rent estimate of $1,891/month.

Home Details for 5240 E Colby St

Interior Features

Heating & Cooling
Heating: ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 4

Exterior Features

Exterior Home Features
Roof: OtherExterior: BlockPatio
Parking & Garage
Parking Spaces: 3Parking: Carport

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Nov 16, 2021
Source: ARMLS #6282664
Sold
$322,000
Oct 22, 2021
Source: HomeSmart #6282664
Pending
$325,000
Oct 21, 2021
Source: ARMLS #6282664
Contingent
$325,000
Oct 8, 2021
Source: ARMLS #6282664
PendingToActive
$325,000
Oct 2, 2021
Source: HomeSmart #6282664
Pending
$325,000

Market trends in Mesa

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$3.33KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$256
$1MoM
Available listings
1850
54MoM

Around this home

What Locals Say about Mesa

At least 3347 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 85 % Say there are sidewalks

  • 85 % Say car is needed

  • 78 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 69 % Say streets are well-lit

  • 65 % Say kids play outside

  • 63 % Say it's quiet

  • 63 % Say people would walk alone at night

  • 58 % Say it's walkable to grocery stores

  • 52 % Say it's walkable to restaurants

  • 46 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 31 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Lots of people walking their dogs all the time! "
    0
    Flag
  • Merilee Fuller
    "Yes. I see people walking dogs in this neighborhood."
    0
    Flag
  • Ggccfg9qp4
    "This is a very dog friendly neighborhood. There’s many accommodations like waste bags and open areas."
    0
    Flag
  • Marcus W
    "nice people that are respectful and polite and the best thing is everyone stays motivated to live for the better"
    0
    Flag
  • Evelyn Gutierrez
    "Quiet and peaceful neighborhood I have lived here for 5 years. I am looking to stay in this same area"
    0
    Flag
  • Laura Gallagher
    "Activities by HOA, bingo, sunset on patio, dive in movies, etc. Different clubs to participate and Food trucks. "
    0
    Flag
  • Stefan Rodriguez
    "Fast and easy direct to the highway , I also enjoy the new side roads being developed and freeing up traffic jams "
    0
    Flag
  • P7r7pthdct
    "Relatively quiet and family friendly. Resident walk, run and bike in the area. Near shopping areas and schools."
    0
    Flag
  • Ryan And Shelby Webb
    "It’s great! Lots of nice people friendly Great location Dobson ranch is awesome location, small town feel "
    0
    Flag
  • Kbpinkney60
    "Not like pick up your dogs poop. Like dog friendly! You see people with children and enjoying their pet life ."
    0
    Flag
  • Kjones146
    "Some parts of Mesa are great to raise family. While some parts are questionable. Such as the Broadway and Dobson are. Take note of where you’re moving to in Mesa and do research. "
    1
    Flag
  • Ixyyltia
    "Lived here 2-1/2 years. Friendly neighbors who pull together when needed and support privacy other times."
    0
    Flag
  • Kjones146
    "The train and bus stops are very close to me. For sure easy to get around. Commute is easy. I work from home so public transportation isn’t used much. "
    0
    Flag
  • Mac Watkins
    "Amazing neighborhood sought after area with new and exciting developments happening. Residential and commercial "
    0
    Flag
  • Mark Ortiz
    "Public transit and various grocery store options make the neighboorhood unique. There is options for getting around and running errands during the day. "
    0
    Flag
  • Linds9481
    "There are a lot of different paths and streets you can go down, most of which have very little traffic making it a good neighborhood to walk your dogs. "
    0
    Flag
  • Apaulinolmt
    "I feel safe Close to restaurants and bars Lots of parks nearby Schools in the area are good Close to gyms "
    0
    Flag
  • Kiyanabkennedy
    "There is no dog area to have the dogs use the bathroom and access to dog bags. Could use more shade although there is a lot of grass to run up and down with ur pup."
    0
    Flag
  • Madi Cotter
    "Plenty of parks and very nice folks, everybody takes care of everybody. It’s real nice, plus everybody usually has a ring door cam "
    0
    Flag
  • Alisha Crowther
    "There is a grassy field by the canal that I let my dog run round at! And the canal is right there which is nice"
    0
    Flag
  • Shani Wright
    "I live in the quiet part of a large apartment home and I would stay, but it’s got to small for us. Would love to stay in the area but homes to rent are hard to come by"
    0
    Flag
  • Roxanne Theaux
    "There are always events happening, many well maintained parks and downtown Mesa is walkable and filled with charming shops, restaurants and museums. "
    0
    Flag
  • Merilee Fuller
    "We all sit outside on Halloween and chat. Say hello while walking to get mail, etc. very safe space."
    0
    Flag
  • Kiyanabkennedy
    "My neighborhood is friendly and has more animal lovers around than you would imagine. I also have a short commute to the freeway to get to work or parts of Scottsdale and Phoenix quickly. Everything is in the long stretch of road that I live on that I would need from day to day. I love this area simply because it has gotten better and its not perfect but its getting better. All we can do is try and take it one day at a time and one small act of kindness a day to change the future of our community we live in. "
    0
    Flag
  • Dianne Szonn
    "Have lived here for 20+ years. Love being close to the Tonto National Forest yet close to suburban creature comforts."
    0
    Flag
  • Mindy Willert
    "This area has many 55+ Communities and all of them have events and activities. Very active Neighborhood Watch in the area to keep the area safe enjoyable. Annual Mesa G.A.I.N. Festival is a great representation of the fun, caring and friendly residents. "
    1
    Flag
  • Jo C.
    "Park started out nice, has gone downhill in less than a year. They no longer trim palm trees, & the water has been off since yesterday-no notice given, no way to reach anyone, office closed on weekends.Tried calling office number, it's out of order! Mgmt is rubbish, no way to contact anyone to address or improve anything. If you value your sanity, don't move here."
    0
    Flag
  • Gigi632014
    "Tons of community events and activities to bring families together. They are so great about planning and coordinating fun activities. "
    0
    Flag
  • Nicoleejacoby
    "Lots of activities in the neighborhood , clean and quiet streets, lots of food and shops near by. Golf course and driving range. Pool and hot tub. Great restaurant in the neighborhood. "
    0
    Flag
  • Kylee Thompson
    "farmer’s market, swap meet, locally grown food, free community events, access to freeways, healthcare "
    0
    Flag
  • Mia Ruiz
    "I’ve made life king friends and have lived in the area for most of my life. I believe I turned out good but it is also easy to fall into the wrong crowd as well as it is anywhere."
    4
    Flag
  • Isaiha Corley
    "My commute to and from home are both simple as i live 3-4 minutes from most of my daily activites and 10 minutes from work"
    1
    Flag
  • Oliver Bugueno
    "I have 3 little kids and I can say that it’s a great safe community with activities for all family for free. It’s difficult to have a better Location next to 202 and Us60 paying Mesa property taxes but using the Gilbert school system "
    5
    Flag
  • Trulia User
    "We just moved to the neighborhood, so far everyone we've come across has been welcoming and friendly. "
    2
    Flag
  • Trulia User
    "I love the desert landscape. It feels quiet and remote but you’re 5 minutes from grocery stores. I love to sit outside and drink my coffee in the morning looking at the hills covered with cactus. Today we had a roadrunner in the back yard, and often have rabbits and quail. Where can you see that?"
    0
    Flag
  • Trulia User
    "Ehh no sense of community here just cookie cutter houses, judgey people surrounded by the same chain stores and restaurants you see everywhere "
    1
    Flag
  • Trulia User
    "access to 60, 101, and 202 are quick and easy from this neighborhood. traffic here is what it is depending on time of day you hit the road. "
    0
    Flag
  • Trulia User
    "The neighborhood is definitely made for cars. Public transit is sparse. To catch a train, you first need a car. However, the roads are fairly maintained. "
    0
    Flag
  • Trulia User
    "Ballparks and Public Parks are always maintained,Free Buzz at my door. Window Shopping and Train at Main street is doable at my age😄"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for five years and there are hardly any rentals because this is an established mature area"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5240 E Colby St

  • What is 5240 E Colby St estimated to be worth?
    Trulia's estimated value for 5240 E Colby St in Mesa, AZ is $319,500.
  • What is the price history for 5240 E Colby St?
    5240 E Colby St in Mesa, AZ last sold for $322,000 in November 2021.
  • Is Mesa a buyer's or seller's market?
    Mesa is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Mesa?
    The median sale price in Mesa is $427K. That is down $3.33K from the prior month.
  • Does 5240 E Colby St have air conditioning?
    Yes, 5240 E Colby St in Mesa, AZ has air conditioning.
  • How big is the lot at 5240 E Colby St?
    The lot at 5240 E Colby St in Mesa, AZ is about 0.17 acres (7,500 sq ft).

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 5240 E Colby St

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