For sale

Price cut: $2K (2/13)

$357,990

5502 E IRIS Drive, Florence, AZ 85132

4beds

1,912sqft

Est.:

Single Family Residence

Built in 2025

7,370 Square Feet Lot

$-- Zestimate^®

$187/sqft

$58/mo HOA

What's special

Insulated garage doorsFront yard landscaping packageSpectacular mountain viewsDual pane windowsWhite shaker cabinetryCovered patio and porchWifi programmable thermostats

Beautiful NEW Home in PRIME East Valley location, close proximity to San Tan Valley and Queen Creek. READY in February! Prime lot with 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!

99 days

68

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Electric

Cooling

Central Air

Appliances

Included: Dryer, Washer, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
Laundry: Inside

Features

High Speed Internet, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
Windows: Double Pane Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,912
Total interior livable area: 1,912 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Private Yard
Spa features: None
Fencing: Block

Lot

Size: 7,370 Square Feet
Features: North/South Exposure, Sprinklers In Front, Desert Front

Details

Parcel number: 20003110

Construction

Type & style

Home type: SingleFamily
Architectural style: Other,See Remarks
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame, Painted
Roof: Tile

Condition

Under Construction
New construction: No
Year built: 2025

Details

Builder name: Starlight Homes

Utilities & green energy

Sewer: Private Sewer
Water: Pvt Water Company

Green energy

Energy efficient items: Multi-Zones

Community & HOA

Community

Features: Playground, Biking/Walking Path
Subdivision: MAGIC RANCH

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $58 monthly
HOA name: Magic Ranch
HOA phone: 480-712-1022

Location

Region: Florence

Financial & listing details

Price per square foot: $187/sqft
Tax assessed value: $109,031
Annual tax amount: $200
Date on market: 12/24/2025
Cumulative days on market: 100 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/13/2026	Price change	$357,990-0.6%$187/sqft
Source: ARMLS #6960821 Report a problem
2/3/2026	Price change	$359,990-0.3%$188/sqft
Source: ARMLS #6960821 Report a problem
1/27/2026	Price change	$360,990-2.4%$189/sqft
Source: ARMLS #6960821 Report a problem
1/13/2026	Price change	$369,990-1.3%$194/sqft
Source: ARMLS #6960821 Report a problem
12/24/2025	Listed for sale	$374,990$196/sqft
Source: ARMLS #6960821 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$200 +1.3%	$16,354 +674.7%
2025	$197 +0.4%	$2,111
2024	$197 +2%	$2,111
2023	$193 -6.8%	$2,111 +18.8%
2022	$207 +4.1%	$1,777 +18.5%
2021	$199 0%	$1,500
2020	$199 +4.1%	$1,500 -6.3%
2019	$191 +10%	$1,600
2018	$174 +1.8%	$1,600
2017	$170 -22.4%	$1,600
2016	$219 +7.8%	--
2014	$204	$1,200