$358,990
SOLD JUL 22, 2025

5701 E Iris Dr Florence, AZ 85132

5 Beds
3 Baths
2,688 Sq Ft
6,359 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

10% Below List Price

14 Days on Market

Highlights

  • Private Yard
  • Double Pane Windows
  • Breakfast Bar
  • Covered Patio or Porch
  • Refrigerated and Evaporative Cooling System
  • Community Playground

About This Home

As of July 2025

Beautiful NEW Home in PRIME East Valley location, close proximity to San Tan Valley and Queen Creek. North/South Facing lot with large side yard that could fit a double gate!! 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! Ready to close in early August!

Last Agent to Sell the Property

Danny Kallay

Compass License #SA512397000 Listed on: 05/19/2025

Compass

Last Buyer's Agent

Anupama Gurjar

Keller Williams Realty Sonoran Living License #BR632457000

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $197

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 6,359 Sq Ft Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Front Yard Sprinklers
  • Private Yard

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Anthem Elementary School
  • Florence High School

Utilities

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

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 200-03-161

Community Details

Overview

  • Association fees include ground maintenance
  • Magic Ranch Association, Phone Number (480) 712-1022
  • Built by Starlight Homes
  • Magic Ranch Subdivision, Supernova Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$197

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$43 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: 43.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2025
  • Tax Year: 2024
  • Master Model: Supernova
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: MAGIC RANCH
  • Architectural Style: Other, See Remarks
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 133.55
  • Association Fees:HOA Fee2: 43.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 4098

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: 2688.0
  • Stories: 2
  • Window Features: Dual Pane
  • 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: Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Front, 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
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Both Refrig & Evap
  • 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: 43.0
  • 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

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6359.0
  • Parcel #: 200-03-161

Building Info

  • Builder Name: Starlight Homes

Tax Info

  • Tax Annual Amount: 197.0
  • Tax Book Number: 200.00
  • Tax Lot: 161
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
Jul 3, 2025
Sold by
Starlight Homes Arizona Llc
Bought by
Leonard Robert Lester and Leonard Sydney Leigh
Seller's Agent
Danny Kallay
Compass
Buyer's Agent
Anupama Gurjar
Keller Williams Realty Sonoran Living
List Price
$398,990
Sold Price
$358,990
Premium/Discount to List
-$40,000
-10.03%
Views
4
Current Estimated Value
$365,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,953
Avg. Annual Appreciation
5.18%
Original Mortgage
$352,487
Outstanding Balance
$351,890
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$14,053
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Special Warranty Deed $358,990 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,487 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Sold $358,990 0.0% $134 / Sq Ft
05/29/2025 05/29/25 Price Changed $358,990 -5.3% $134 / Sq Ft
05/20/2025 05/20/25 Price Changed $378,990 -5.0% $141 / Sq Ft
05/19/2025 05/19/25 For Sale $398,990 -- $148 / 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

  • Danny Kallay

    Seller's Agent in 2025

    Danny Kallay

    Compass

    (480) 694-8571

    2,204 Total Sales

    Danny Kallay
    Section Image
  • Anupama Gurjar

    Buyer's Agent in 2025

    Anupama Gurjar

    Keller Williams Realty Sonoran Living

    (480) 251-8486

    42 Total Sales

    Anupama Gurjar
    Section Image
  • Lynette Clemens

    Buyer Co-Listing Agent in 2025

    Lynette Clemens

    Keller Williams Realty Sonoran Living

    (480) 227-5105

    141 Total Sales

    Lynette Clemens
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6868453

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-03-161

Arizona Pinal County Florence 85132

5701 E Iris Dr, Florence, AZ

Sold

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes