$412,000
SOLD NOV 14, 2024

5538 E Demeter Dr Florence, AZ 85132

5 Beds
2.5 Baths
3,290 Sq Ft
9,437 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

2% Below List Price

107 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Eat-In Kitchen
  • Vaulted Ceiling
  • 3 Car Direct Access Garage
  • Double Pane Windows

About This Home

As of November 2024

Looking for your dream home? You found it with this spacious 5 Bedroom, 2.5 Bath home located just 5 Miles from San Tan Valley and 10 Miles from Queen Creek! Close to shopping and entertainment! This home features a formal living, dining, den, loft and huge eat in kitchen with butler nook, walk in pantry, upgraded granite countertops, stone sink and backsplash! This home gives you more than ample space for everyday living & entertaining! Upstairs laundry room. All the storage space you could dream of. 3 car tandem garage and last but not least, the OVERSIZED back yard ready for you to create the outdoor oasis of your dreams!

Last Agent to Sell the Property

Julia Meza

eXp Realty License #SA678894000 Listed on: 06/28/2024

eXp Realty

Last Buyer's Agent

Dennis Masden

Realty ONE Group License #SA674375000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 2010

Lot Details

  • 9,437 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Tandem Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,290 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Anthem Middle School
  • Florence High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Magic Ranch Association, Phone Number (602) 288-2695
  • Built by DR Horton
  • Parcel G Portions Of Parcels K & F At Magic Ranch Subdivision

Listing and Financial Details

  • Tax Lot 226
  • Assessor Parcel Number 200-03-226

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 2010

Lot Details

0

HOA Fees

$36 per month

Parking

3

Listing Details

  • Cross Street: S of Arizona Farms Rd & Hunt Hwy
  • Legal Info Range: 08E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 36.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2021
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2010
  • Tax Year: 2023
  • Directions: Head South from Mesa on Hwy 79, Turn Right on Arizona Farms Road, Turn Left on Apollo Dr. Turn right onto Demeter Dr.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: PARCEL G PORTIONS OF PARCELS K & F AT MAGIC RANCH
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 36.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 3290.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Front, Natural Desert Back, Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Steel Frame, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 36.0
  • Association Fee Frequency: Monthly
  • Association Name: Magic Ranch
  • Phone: 602-288-2695
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 104.25
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Magic Ranch
  • Association Fees:HOA Telephone4: 602-288-2695
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 72.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 108.0
  • Association Fees:Other Fees Description: Working Capital
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: Florence High School
  • Junior High Dist: Florence Unified School District
  • Middle Or Junior School: Anthem School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9437.0
  • Parcel #: 200-03-226

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Annual Amount: 2243.0
  • Tax Book Number: 200.00
  • Tax Lot: 226
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Nov 1, 2024
Sold by
Oblea Alex Ray and Oblea Jamie Lynn
Bought by
Mcdonald Jennifer and Mcdonald Mackenzie
Seller's Agent
Julia Meza
eXp Realty
Buyer's Agent
Dennis Masden
Realty ONE Group
List Price
$418,499
Sold Price
$412,000
Premium/Discount to List
-$6,499
-1.55%
Views
85
Current Estimated Value
$425,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,687
Avg. Annual Appreciation
3.66%
Original Mortgage
$377,289
Outstanding Balance
$373,533
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$52,154

Purchase Details

Closed on
Jan 11, 2019
Sold by
Oblea Alex Ray and Oblea Jamie Lynn
Bought by
Oblea Alex Ray and Oblea Jamie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,766
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 26, 2017
Sold by
Cetta Christopher S and Cetta Megan D
Bought by
Oblea Alex Ray
Seller's Agent
Laura Carter
Belva's Real Estate, L.L.C.
Buyer's Agent
Courtney Ramirez
REALTY ONE GROUP AZ
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$224,852
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2016
Sold by
Cetta Christopher S and Cetta Megan D
Bought by
Cetta Christopher S and Cetta Megan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2013
Closed on
Apr 11, 2013
Sold by
Continental Homes Inc
Bought by
Cetta Christopher S and Padilla Megan D
Seller's Agent
David Grisamore
Arizona Elite Properties
Buyer's Agent
Mary Lou Carbajal-Chavez
Elite Real Estate Pros
List Price
$184,636
Sold Price
$177,303
Premium/Discount to List
-$7,333
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$174,091
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $412,000 Pinnacle Title Services
Interfamily Deed Transfer -- None Available
Warranty Deed $229,000 Great American Title Agency
Warranty Deed -- Empire West Title Agency
Corporate Deed $177,303 Dhi Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $377,289 FHA
Previous Owner $225,766 FHA
Previous Owner $224,852 FHA
Previous Owner $168,750 New Conventional
Previous Owner $174,091 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2024 11/14/24 Sold $412,000 +1.6% $125 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/13/2024 10/13/24 Price Changed $405,449 -3.1% $123 / Sq Ft
10/04/2024 10/04/24 Off Market $418,499 -- --
10/04/2024 10/04/24 Price Changed $418,499 0.0% $127 / Sq Ft
10/04/2024 10/04/24 For Sale $418,499 -0.9% $127 / Sq Ft
09/22/2024 09/22/24 Price Changed $422,499 -0.4% $128 / Sq Ft
09/13/2024 09/13/24 Price Changed $423,999 -1.4% $129 / Sq Ft
08/29/2024 08/29/24 Price Changed $429,999 -0.5% $131 / Sq Ft
08/09/2024 08/09/24 Price Changed $432,000 -1.4% $131 / Sq Ft
07/31/2024 07/31/24 Price Changed $438,000 -0.5% $133 / Sq Ft
06/28/2024 06/28/24 For Sale $440,000 +91.4% $134 / Sq Ft
10/24/2017 10/24/17 Sold $229,900 0.0% $70 / Sq Ft View Prior Sale
09/17/2017 09/17/17 Pending -- -- --
08/20/2017 08/20/17 For Sale $229,900 +29.7% $70 / Sq Ft
04/16/2013 04/16/13 Sold $177,303 -4.0% $55 / Sq Ft View Prior Sale
03/21/2013 03/21/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $184,636 -- $58 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,249 $36,601 -- --
2024 $2,198 $49,226 -- --
2023 $2,243 $36,420 $0 $0
2022 $2,198 $27,728 $1,533 $26,195
2021 $2,408 $24,226 $0 $0
2020 $2,178 $23,254 $0 $0
2019 $2,171 $21,990 $0 $0
2018 $2,077 $19,037 $0 $0
2017 $1,866 $18,979 $0 $0
2016 $1,888 $18,848 $1,000 $17,848
2014 $2,174 $14,870 $750 $14,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6717665

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-03-226