5218 E Covina Road, Mesa, AZ 85205

$279,500
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 913 Lot Size (sq. ft.): 8,000 Status: Active
Current Price: $279,500 List Date: 8/12/2026 Last Modified: 9/22/2026

Overview

Description

SHORT SALE APPROVED! 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 multiple patio spaces and a private backyard, perfect for relaxing or entertaining. Dreamland Villa offers voluntary community amenities, including pools, spas, pickleball, fitness facilities, hobby clubs, and social activities. Conveniently

Supplements: located near Superstition Mall, dining, golf, medical facilities, and freeway access, this move-in-ready home offers comfort, convenience, and an active Arizona lifestyle. For additional details regarding the short sale approval, lender requirements, and offer terms, please reach out to the listing agent.

Listing Details MLS# 7063533

Location, Tax & Legal

House Number
5218
Compass
E
Street Name
Covina
St Suffix
Road
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
7344
Country
US
County Code
Maricopa
Assessor Number
141-47-064
Subdivision
DREAMLAND VILLA 6
Tax Year
2025

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
913
Price/SqFt
306.13
Horses
N
Builder Name
Farnsworth
Year Built
1964
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
8000
Approx Lot Acres
0.184
Flood Zone
No
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Planned Comm Name
Dreamland Villa
Marketing Name
Retire in Style AZ
Elementary School District
Adult
High School District
Adult
Elementary School
Adult
Jr. High School
Adult
High School
Adult

Remarks Misc

Cross Street
Higley Road & University Drive
Directions
North on Higley to service road, right on Covina

Legal Info

Township
1N
Range
6E
Section
14
Lot Number
538

Basement

Basement Y/N
N

More Information

Items Updated

Floor Yr Updated
2022
Floor Partial/Full
Full
Wiring Yr Updated
2022
Wiring Partial/Full
Full
Roof Yr Updated
2022
Roof Partial/Full
Full
Kitchen Yr Updated
2022
Kitchen Partial/Full
Full
Bath(s) Yr Updated
2022
Bath(s) Partial/Full
Full

Parking Spaces

Carport Spaces
Yes
Slab Parking Spaces
Yes
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Property Features

Special Listing Cond: Short Sale; Age Restricted (See Remarks) Add'l Property Use: None Architecture: Ranch Master Bathroom: None Flooring: Carpet; Tile Community Pool Features: Heated Spa: None Community Features: Biking/Walking Path; Clubhouse/Rec Room; Comm Tennis Court(s); Community Media Room; Community Spa; Community Spa Htd; Pickleball; Workout Facility Dining Area: Eat-in Kitchen Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Refrigerator; Non-laminate Counter Laundry: Inside Exterior Features: Patio Parking Features: Direct Access; RV Access/Parking Road Responsibility: County Maintained Road Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air; Ceiling Fan(s); Window/Wall Unit Heating: Electric Utilities: SRP Water Source: City Water Sewer: Septic Tank Fencing: Chain Link Property Description: North/South Exposure Landscaping: Gravel/Stone Back; Desert Front; Desert Back Lockbox Type: Supra Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Other (See Remarks) New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Other (See Remarks)
IDX
Listing Office: Pak Home Realty
Last Updated: September - 22 - 2026
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