NOT LISTED FOR SALE

5581 E Thetis Dr Florence, AZ 85132

Estimated Value: $416,848 - $454,000

5 Beds
4.5 Baths
3,131 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $438,990 $140 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,294/month

9 Days on Market

Highlights

  • Pickleball Courts
  • Breakfast Bar
  • Zoned Heating and Cooling System
  • Covered Patio or Porch
  • Kitchen Island
  • Ceiling height of 9 feet or more

About This Home

As of May 2024

Beautiful NEW Home in PRIME East Valley location, close proximity to San Tan Valley and Queen Creek. QUICK MOVE-IN. Backs up to desert wash overlooking scenic desert views.North/South exposure. Featuring countless upgrades such as White Shaker Cabinetry, Granite Countertops, Stainless steel appliance package, and 9' ceilings throughout! Spacious walk - in closet in owners suite. Energy - efficient features including dual pane windows, WIFI programmable thermostats and insulated garage doors. Front yard landscaping package, covered patio and porch. Neighborhood parks, playgrounds, covered picnic tables and greenbelts throughout. Spectacular mountain views, minutes from hiking trails and recreational parks. Highly rated schools nearby, shopping, dinning and aquatic center! Surrounded by open Sonoran Desert habitat, Florence is a western gem!

Last Agent to Sell the Property

Danny Kallay

Compass License #SA512397000 Listed on: 04/04/2024

Compass

Last Buyer's Agent

Katie Ruiz

Call Realty, Inc. License #SA581586000

Call Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $196

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 6,601 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,131 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Anthem Elementary School - Florence Middle School
  • Florence High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 200-03-132

Community Details

Overview

  • Association fees include ground maintenance
  • Magic Ranch Association, Phone Number (480) 712-1022
  • Built by Starlight Homes
  • Parcel G Portions Of Parcels K & F At Magic Ranch Subdivision

Recreation

  • Pickleball Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$196

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Cross Street: Arizona Farms Rd. and Apollo Dr.
  • 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: PARCEL G PORTIONS OF PARCELS K & F AT MAGIC RANCH
  • Architectural Style: Other
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 140.2
  • Association Fees:HOA Fee2: 36.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 3131.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Pickleball Court(s)
  • Lot Features: Natural Desert Front
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Under Construction: Yes
  • Exterior Features:Private Pickleball Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 36.0
  • Association Fee Frequency: Monthly
  • Association Name: Magic Ranch
  • Phone: 480-712-1022
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Magic Ranch
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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 Elementary School - Florence

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6601.0
  • Parcel #: 200-03-132

Building Info

  • Builder Name: Starlight Homes

Tax Info

  • Tax Annual Amount: 196.0
  • Tax Book Number: 200.00
  • Tax Lot: 132
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 30, 2024
Sold by
Starlight Homes Arizona Llc
Bought by
Ruiz George Reynaldo and Torres Maria C
Seller's Agent
Danny Kallay
Compass
Buyer's Agent
Katie Ruiz
Call Realty, Inc.
List Price
$415,490
Sold Price
$438,990
Premium/Discount to List
$23,500
5.66%
Views
29
Current Estimated Value
$429,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,778
Avg. Annual Appreciation
-1.42%
Original Mortgage
$448,428
Outstanding Balance
$442,793
Interest Rate
7.1%
Mortgage Type
VA
Estimated Equity
-$13,581

Purchase Details

Closed on
Dec 12, 2023
Sold by
Gg Magic Ranch Lp
Bought by
Starlight Homes Arizona Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ruiz George Reynaldo $438,990 First American Title Insurance
Starlight Homes Arizona Llc $300,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz George Reynaldo $448,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $438,990 +5.3% $140 / Sq Ft
04/11/2024 04/11/24 Price Changed $416,990 -7.6% $133 / Sq Ft
04/07/2024 04/07/24 Price Changed $451,490 +8.7% $144 / Sq Ft
04/05/2024 04/05/24 For Sale $415,490 -- $133 / 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 $197 -- -- --
2024 $192 -- -- --
2023 $196 $1,862 $1,862 $0
2022 $192 $1,568 $1,568 $0
2021 $207 $1,600 $0 $0
2020 $199 $1,600 $0 $0
2019 $199 $1,600 $0 $0
2018 $191 $1,600 $0 $0
2017 $174 $1,600 $0 $0
2016 $170 $1,600 $1,600 $0
2014 $204 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6686927

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-03-132