2619 W Cool Water Way · San Tan Valley, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +12.6/15.0
- Appreciation +10.0/10.0
- Cash flow +6.7/30.0
- Livability +2.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.8/10.0
- DSCR +1.0/10.0
- 1% rule +0.8/10.0
$389,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
$4000.00 Flooring allowance and $450.00 for a Home Warranty!!!!Great 4 bedroom home with lots of upgrades and an RV GATE! This home has a front room with room for a dining area AND a family room. Beautiful plantation shutters and blinds throughout and the Kitchen is updated with beautiful GRANITE counters and STAINLESS STEEL appliances. Great tile floors in the kitchen. Recently decorated 1/2 bath down stairs to wow your guests. Laundry room is down stairs. Great back yard and the shed stays. Hurry and make this your home before it is gone. 220 outlet in the garage!
Key facts
- 6,625 sq ft lot
- 2 garage spots
- Built 2005
Property features AI
Finance
- Financial info: Conventional financing available
- HOA & community: Homeowners association with a monthly fee of $85; Association fee includes grounds maintenance and other items
Exterior
- Parking: 2 covered spaces; 2 open parking spaces; 2-car garage
- Utilities: Private sewer; Private water company
- Home design: Single family residence; Fee simple ownership
- Construction: Steel frame construction; Wood frame construction; Painted exterior; Tile roof; Other roof type
- Exterior features: Block fencing; Dirt backyard; Gravel/stone front yard
Interior
- Kitchen: Built-in microwave; Pantry; Built-in electric oven
- Bedrooms: 4 possible bedrooms
- Flooring: Carpet; Wood
- Bathrooms: 2 full bathrooms; 1 half bathroom
- Heating & cooling: Has heating; Central air; Ceiling fan(s)
- Interior features: Double vanity; Upstairs level; Pantry; Full bathroom in primary bedroom; Built-in electric oven
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.5-bath single-family listed at $389k.
Deal economics
- At list price, monthly cash flow is $-616 ($-7k/yr) — negative.
- To cash-flow at today's rent, offer at most $280k (28.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $225k (42.2% below list).
- Recommended offer: $225k (42.2% below list) — sets the bar for 1% rule.
- Cap rate 4.4% vs local median 3.2% in San Tan Valley — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 54/100 on livability (#282 in AZ) — a working-class tenant base; expect higher turnover. Strengths: housing A+, employment B+; Watch: crime D+, amenities F, commute F.
- Florence Unified School District (4437) (rural): math 16% / reading 24% proficiency, ranked #178 of 249 in AZ (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Skyline Ranch Elementary School (math 21% / reading 30%, grade F, #631 of 1,109 statewide, top 57%, 584 students, 49% FRL); Poston Butte High School (math 15% / reading 22%, grade F, #241 of 381 statewide, top 63%, 1,393 students, 45% FRL) — zoned schools at 47% FRL track the district average.
- Market conditions: 489 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,504 units permitted in Pinal County in 2024 (776 in 5+ unit buildings).
Forward outlook
- In year one you build about $42k of equity ($3k loan paydown + $39k appreciation (10.0% local appreciation)).
- By year 2, paydown + projected appreciation supports a ~$67k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 47 days — a 3% lower offer ($377k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 17y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $148k; list at $389k implies a 163% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 47 days. Have you received any prior offers? Is the seller open to a 42% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.58% ✗
- Cap rate
- 4.39%
- Cash-on-cash
- -6.79%
- DSCR
- 0.70
- GRM
- 14.4
CMA / ARV
- ARV (median comp)
- $438,693
- List price
- $389,000
- Delta
- -11.33%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2069 W Kenton Way | 0.42mi | 3/2.0 (-1) | 1,899 (-3%) | 0mo | $379,000 | $200 | 67 |
| 2421 W Arroyo Way | 0.22mi | 3/2.0 (-1) | 1,733 (-12%) | 0mo | $384,350 | $222 | 63 |
| 2173 W Garland Dr | 0.26mi | 3/2.0 (-1) | 1,733 (-12%) | 1mo | $375,000 | $216 | 60 |
| 3343 W Mary Dr | 0.48mi | 3/2.5 (-1) | 1,808 (-8%) | 1mo | $482,926 | $267 | 59 |
| 23033 E Diana Way | 0.63mi | 3/2.0 (-1) | 1,877 (-4%) | 1mo | $464,000 | $247 | 55 |
| 34942 N Hawley Dr | 0.53mi | 3/2.0 (-1) | 1,784 (-9%) | 1mo | $452,813 | $254 | 52 |
| 1711 W Paisley Dr | 0.58mi | 4/2.0 | 2,215 (+13%) | 0mo | $395,000 | $178 | 50 |
| 22460 E Happy Rd | 0.71mi | 4/3.0 | 2,164 (+10%) | 1mo | $475,000 | $220 | 47 |
| 22475 E Watford Dr | 0.73mi | 4/3.0 | 2,164 (+10%) | 1mo | $507,999 | $235 | 46 |
| 35401 N Thurber Rd | 0.68mi | 4/2.0 | 2,215 (+13%) | 0mo | $422,000 | $191 | 45 |
| 3629 W Lapis Dr | 0.63mi | 3/2.5 (-1) | 2,212 (+12%) | 1mo | $610,000 | $276 | 44 |
| 3655 W Lapis Dr | 0.66mi | 3/2.0 (-1) | 1,672 (-15%) | 0mo | $473,000 | $283 | 37 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 19.5%
- Equity multiple
- 2.58×
- Total profit
- $172,454
- Equity at exit
- $350,442
- IRR
- 17.9%
- Equity multiple
- 5.94×
- Total profit
- $538,430
- Equity at exit
- $755,741
Cash invested: $108,920 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Arizona
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 85144
- Home prices YoY
- 7.2%
- Active inventory
- 489
- Price-to-rent
- 14.4×
Monthly cashflow live
- Estimated rent
- $2,250 high interval (Pro) →
- Mortgage (P&I)
- −$2,040
- Tax from tax record
- −$107 /mo · $1,283/yr
- Insurance
- −$162
- HOA
- −$85
- Vacancy / Maint / Mgmt
- −$473
- Net cashflow
- $-616
Break-even live
Sensitivity live
| Price | -10% $-396 | -5% $-506 | +0% $-616 | +5% $-726 | +10% $-837 |
|---|---|---|---|---|---|
| Rent | -10% $-794 | -5% $-705 | +0% $-616 | +5% $-528 | +10% $-439 |
| Rate | -1.0pp $-420 | -0.5pp $-517 | base $-616 | +0.5pp $-717 | +1.0pp $-820 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $97,250
- Closing costs
- $11,670
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2541 W Canyon Way San Tan Valley, AZ | 4.0 | 2.5 | 2485 | $2,100 | $0.85 | 20d | 1 | 0.07mi |
| 2521 W Desert Spring Way San Tan Valley, AZ | 5.0 | 2.5 | 2067 | $2,175 | $1.05 | 26d | 1 | 0.12mi |
| 2822 W Blue River Dr San Tan Valley, AZ | 3.0 | 2.0 | 1609 | $2,395 | $1.49 | 45d | 1 | 0.19mi |
| 2005 W Aston Dr San Tan Valley, AZ | 4.0 | 1.5 | 2554 | $2,350 | $0.92 | 7d | 1 | 0.35mi |
| 2027 W Kenton Way San Tan Valley, AZ | 3.0 | 2.0 | 1733 | $2,091 | $1.21 | 23d | 1 | 0.44mi |
| 2574 W Sawtooth Way San Tan Valley, AZ | 3.0 | 2.0 | 1326 | $1,995 | $1.50 | 45d | 1 | 0.45mi |
| 35244 N Zachary Rd San Tan Valley, AZ | 3.0 | 2.0 | 1491 | $2,275 | $1.53 | 45d | 1 | 0.47mi |
| 34437 N Picket Post Dr San Tan Valley, AZ | 4.0 | 3.0 | 1507 | $1,650 | $1.09 | 45d | 1 | 0.50mi |
| 2049 W Gold Mine Way San Tan Valley, AZ | 4.0 | 2.0 | 1585 | $2,085 | $1.32 | 7d | 1 | 0.50mi |
| 2828 Patagonia Ct Queen Creek, AZ | 3.0 | 2.5 | 2230 | $2,500 | $1.12 | 45d | 1 | 0.52mi |
| 35828 N Zachary Rd San Tan Valley, AZ | 4.0 | 3.0 | 2256 | $1,789 | $0.79 | 26d | 1 | 0.61mi |
| 3439 W Oil Well Rd San Tan Valley, AZ | 3.0 | 2.0 | 1595 | $2,500 | $1.57 | 45d | 1 | 0.61mi |
| 1911 W Half Moon Cir San Tan Valley, AZ | 3.0 | 2.0 | 1345 | $1,995 | $1.48 | 45d | 1 | 0.62mi |
| 3541 Dreamy Draw Dr Queen Creek, AZ | 4.0 | 2.5 | 1918 | $2,700 | $1.41 | 26d | 1 | 0.67mi |
| 23074 E Diana Way Queen Creek, AZ | 3.0 | 2.0 | 1877 | $2,195 | $1.17 | 45d | 1 | 0.68mi |
| 35032 N Barrel Rd San Tan Valley, AZ | 3.0 | 2.5 | 2213 | $3,900 | $1.76 | 0d | 1 | 0.73mi |
| 22815 E Watford Dr Queen Creek, AZ | 4.0 | 3.0 | 2373 | $2,800 | $1.18 | 6d | 1 | 0.74mi |
| 22457 E Watford Dr Queen Creek, AZ | 4.0 | 3.0 | 2164 | $2,650 | $1.22 | 45d | 1 | 0.75mi |
| 34973 N Augite Way San Tan Valley, AZ | 4.0 | 2.5 | 2614 | $4,350 | $1.66 | 0d | 1 | 0.76mi |
| 1345 W Corriente Dr San Tan Valley, AZ | 3.0 | 2.0 | 1526 | $1,795 | $1.18 | 45d | 1 | 0.77mi |
| 26358 S 224th Pl Queen Creek, AZ | 3.0 | 2.0 | 1877 | $2,135 | $1.14 | 45d | 1 | 0.77mi |
| 1278 W Stephanie Ln San Tan Valley, AZ | 4.0 | 3.0 | 1924 | $2,100 | $1.09 | 7d | 1 | 0.79mi |
| 2993 W Dancer Ln San Tan Valley, AZ | 3.0 | 2.0 | 1290 | $1,700 | $1.32 | 45d | 1 | 0.80mi |
| 1274 W Jamaica Hope Way San Tan Valley, AZ | 3.0 | 2.0 | 1629 | $1,995 | $1.22 | 26d | 1 | 0.80mi |
| 33897 N Wash View Rd San Tan Valley, AZ | 3.0 | 2.0 | 1721 | $1,980 | $1.15 | 4d | 1 | 0.80mi |
| 3047 W Dancer Ln San Tan Valley, AZ | 3.0 | 2.0 | 1454 | $1,915 | $1.32 | 45d | 1 | 0.81mi |
| 3102 W Belle Ave San Tan Valley, AZ | 4.0 | 2.0 | 1909 | $1,900 | $1.00 | 14d | 1 | 0.84mi |
| 3102 W Belle Ave San Tan Valley, AZ | 4.0 | 2.0 | 1909 | $1,900 | $1.00 | 16d | 1 | 0.84mi |
| 3569 W Morgan Ln San Tan Valley, AZ | 4.0 | 2.0 | 1700 | $1,550 | $0.91 | 26d | 1 | 0.87mi |
| 4001 W Brass Ln San Tan Valley, AZ | 4.0 | 2.5 | 2432 | $2,750 | $1.13 | 45d | 1 | 0.87mi |
| 33856 N Cherry Creek Rd San Tan Valley, AZ | 3.0 | 2.0 | 1928 | $1,850 | $0.96 | 45d | 1 | 0.88mi |
| 33993 N Danja Dr San Tan Valley, AZ | 3.0 | 2.0 | 1998 | $2,450 | $1.23 | 45d | 1 | 0.91mi |
| 1277 W Busa Dr San Tan Valley, AZ | 4.0 | 2.0 | 2136 | $4,000 | $1.87 | 7d | 1 | 0.92mi |
| 34113 N Alison Dr San Tan Valley, AZ | 4.0 | 3.0 | 2423 | $2,089 | $0.86 | 4d | 1 | 0.95mi |
| 1238 W Dana Dr San Tan Valley, AZ | 4.0 | 2.0 | 1910 | $2,100 | $1.10 | 0d | 1 | 0.97mi |
| 3846 W Morgan Ln San Tan Valley, AZ | 3.0 | 3.0 | 2422 | $1,949 | $0.80 | 26d | 1 | 0.98mi |
| 4165 W Monika Ln San Tan Valley, AZ | 4.0 | 3.0 | 2049 | $2,450 | $1.20 | 45d | 1 | 0.98mi |
| 35623 N Seedling St San Tan Valley, AZ | 4.0 | 2.0 | 1832 | $2,000 | $1.09 | 12d | 1 | 0.98mi |
| 35623 N Seedling St San Tan Valley, AZ | 4.0 | 2.0 | 1838 | $2,000 | $1.09 | 0d | 1 | 0.98mi |
| 3194 W Yellow Peak Dr San Tan Valley, AZ | 4.0 | 2.0 | 1925 | $1,908 | $0.99 | 45d | 1 | 1.00mi |
HOA detail
- Monthly dues
- $85 · $1,020/yr
Listing history 30 events
-
2026-06-21days on market $389,000 Active 47 DOM
-
2026-06-18days on market $389,000 Active 44 DOM
-
2026-06-17days on market $389,000 Active 43 DOM
-
2026-06-16days on market $389,000 Active 42 DOM
-
2026-06-15days on market $389,000 Active 41 DOM
-
2026-06-13days on market $389,000 Active 39 DOM
-
2026-06-13days on market $389,000 Active 38 DOM
-
2026-06-09days on market $389,000 Active 35 DOM
-
2026-06-08days on market $389,000 Active 34 DOM
-
2026-06-07days on market $389,000 Active 33 DOM
-
2026-06-04days on market $389,000 Active 30 DOM
-
2026-06-03days on market $389,000 Active 29 DOM
-
2026-06-02pricedays on market $389,000 Active 28 DOM
-
2026-06-01days on market $399,000 Active 27 DOM
-
2026-05-31days on market $399,000 Active 26 DOM
-
2026-05-05$399,000 Active 440-char remark
-
2013-05-24soldstatus $148,000
-
2013-05-15soldstatus $148,000 Closed 580-char remark
Show marketing remark (580 chars)
$4000.00 Flooring allowance and $450.00 for a Home Warranty!!!!Great 4 bedroom home with lots of upgrades and an RV GATE! This home has a front room with room for a dining area AND a family room. Beautiful plantation shutters and blinds throughout and the Kitchen is updated with beautiful GRANITE counters and STAINLESS STEEL appliances. Great tile floors in the kitchen. Recently decorated 1/2 bath down stairs to wow your guests. Laundry room is down stairs. Great back yard and the shed stays. Hurry and make this your home before it is gone. 220 outlet in the garage!
-
2013-04-11status Pending 580-char remark
Show marketing remark (580 chars)
$4000.00 Flooring allowance and $450.00 for a Home Warranty!!!!Great 4 bedroom home with lots of upgrades and an RV GATE! This home has a front room with room for a dining area AND a family room. Beautiful plantation shutters and blinds throughout and the Kitchen is updated with beautiful GRANITE counters and STAINLESS STEEL appliances. Great tile floors in the kitchen. Recently decorated 1/2 bath down stairs to wow your guests. Laundry room is down stairs. Great back yard and the shed stays. Hurry and make this your home before it is gone. 220 outlet in the garage!
-
2013-04-04price $148,000 580-char remark
Show marketing remark (580 chars)
$4000.00 Flooring allowance and $450.00 for a Home Warranty!!!!Great 4 bedroom home with lots of upgrades and an RV GATE! This home has a front room with room for a dining area AND a family room. Beautiful plantation shutters and blinds throughout and the Kitchen is updated with beautiful GRANITE counters and STAINLESS STEEL appliances. Great tile floors in the kitchen. Recently decorated 1/2 bath down stairs to wow your guests. Laundry room is down stairs. Great back yard and the shed stays. Hurry and make this your home before it is gone. 220 outlet in the garage!
-
2013-03-26price $147,000 580-char remark
Show marketing remark (580 chars)
$4000.00 Flooring allowance and $450.00 for a Home Warranty!!!!Great 4 bedroom home with lots of upgrades and an RV GATE! This home has a front room with room for a dining area AND a family room. Beautiful plantation shutters and blinds throughout and the Kitchen is updated with beautiful GRANITE counters and STAINLESS STEEL appliances. Great tile floors in the kitchen. Recently decorated 1/2 bath down stairs to wow your guests. Laundry room is down stairs. Great back yard and the shed stays. Hurry and make this your home before it is gone. 220 outlet in the garage!
-
2013-03-04price $142,000 580-char remark
Show marketing remark (580 chars)
$4000.00 Flooring allowance and $450.00 for a Home Warranty!!!!Great 4 bedroom home with lots of upgrades and an RV GATE! This home has a front room with room for a dining area AND a family room. Beautiful plantation shutters and blinds throughout and the Kitchen is updated with beautiful GRANITE counters and STAINLESS STEEL appliances. Great tile floors in the kitchen. Recently decorated 1/2 bath down stairs to wow your guests. Laundry room is down stairs. Great back yard and the shed stays. Hurry and make this your home before it is gone. 220 outlet in the garage!
-
2013-02-05$149,000 Active 580-char remark
Show marketing remark (580 chars)
$4000.00 Flooring allowance and $450.00 for a Home Warranty!!!!Great 4 bedroom home with lots of upgrades and an RV GATE! This home has a front room with room for a dining area AND a family room. Beautiful plantation shutters and blinds throughout and the Kitchen is updated with beautiful GRANITE counters and STAINLESS STEEL appliances. Great tile floors in the kitchen. Recently decorated 1/2 bath down stairs to wow your guests. Laundry room is down stairs. Great back yard and the shed stays. Hurry and make this your home before it is gone. 220 outlet in the garage!
-
2009-11-23soldstatus $94,000
Show marketing remark (459 chars)
**** 10/5/2009 NOT ACCEPTING ANY MORE OFFERS AT THIS TIME. *** BANK OWNED - NOT A SHORT SALE. PROPERTY JUST FELL OUT OF BEING IN ESCROW FOR 60 DAYS. (The Previous MLS# did not CLOSE, regardless of what MLS History shows.) This is a great home in Morning Sun Farms. 2 Story home with 1966sqft. 3 Bedroom and 2.5 bath. Good sized yard. Separate Living and Family rooms. Kitchen overlooks Family room. Brand new Stove and Kitchen Sink. AC also just serviced.
-
2009-10-05historical
Show marketing remark (459 chars)
**** 10/5/2009 NOT ACCEPTING ANY MORE OFFERS AT THIS TIME. *** BANK OWNED - NOT A SHORT SALE. PROPERTY JUST FELL OUT OF BEING IN ESCROW FOR 60 DAYS. (The Previous MLS# did not CLOSE, regardless of what MLS History shows.) This is a great home in Morning Sun Farms. 2 Story home with 1966sqft. 3 Bedroom and 2.5 bath. Good sized yard. Separate Living and Family rooms. Kitchen overlooks Family room. Brand new Stove and Kitchen Sink. AC also just serviced.
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2009-09-11$89,900
Show marketing remark (459 chars)
**** 10/5/2009 NOT ACCEPTING ANY MORE OFFERS AT THIS TIME. *** BANK OWNED - NOT A SHORT SALE. PROPERTY JUST FELL OUT OF BEING IN ESCROW FOR 60 DAYS. (The Previous MLS# did not CLOSE, regardless of what MLS History shows.) This is a great home in Morning Sun Farms. 2 Story home with 1966sqft. 3 Bedroom and 2.5 bath. Good sized yard. Separate Living and Family rooms. Kitchen overlooks Family room. Brand new Stove and Kitchen Sink. AC also just serviced.
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2009-07-17soldstatus $91,000
-
2009-06-07historical
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2009-05-20$89,900
-
2004-01-08soldstatus $2,243,147
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast AZ · Resets to sale price
- Current annual tax
- $1,283 · $107/mo
- Projected year-2 tax
- $2,567 · $214/mo
- Expected delta
- +$1,284/yr (+$107/mo · 100.1%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,001
- − Mortgage interest
- −$21,790
- − Property taxes
- −$1,283
- − Insurance
- −$1,945
- − Repairs & maintenance
- −$2,160
- − Management
- −$2,160
- − HOA
- −$1,020
- − Depreciation
- −$11,316
- Taxable loss
- −$14,674
- Est. tax savings @ 24.0%
- +$3,522
- After-tax cash flow
- $-3,875/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Florence Unified School District (4437)
- NCES district ID
- 0402920
- Math proficiency
- 16% ▼ -11.00%
- Reading proficiency
- 24% ▼ -7.00%
- Median HH income
- $54,426
- Composite
- 18.31/100
- National rank
- #8950
- State rank
- #178 of 249 in AZ
Livability — San Tan Valley
- Score
- 54/100
- State rank
- #282
- US rank
- #24192
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- San Tan Valley, AZ
Population outlook (Pinal County) Hauer SSP2
- Today (2025)
- 437,574 people
- By 2030
- 446,903 · +2.1%
- By 2040
- 452,589 · +3.4%
- By 2050
- 444,126 · +1.5%
- By 2075
- 430,300 · -1.7%
- By 2100
- 393,536 · -10.1%
Not yet ingested
- Political lean
- —
- Race & ethnicity
- —
- Common origin
- —
- Civics
- —
Market trends
- HPI YoY
- ▲ 24.94%
- Current HPI
- 372.52
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 4.54%
- F500 in state
- 20
Industry mix (Fortune 500 HQ in AZ)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 2 | $13B |
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| Mining / Metals | 1 | $23B |
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| Environmental Services | 1 | $16B |
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| Metals / Steel | 1 | $14B |
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| Technology Distribution | 1 | $9B |
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| Homebuilding | 1 | $8B |
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Price history
-82.7% since first listed16 events — show timeline
- 2026-06-02 Price Changed $389,000 ARMLS
- 2026-05-05 Listed $399,000 ARMLS
- 2013-05-24 Sold (Public Records) $148,000 Public Records
- 2013-05-15 Sold (MLS) $148,000 ARMLS
- 2013-04-11 Pending — ARMLS
- 2013-04-04 Price Changed $148,000 ARMLS
- 2013-03-26 Price Changed $147,000 ARMLS
- 2013-03-04 Price Changed $142,000 ARMLS
- 2013-02-05 Listed $149,000 ARMLS
- 2009-11-23 Sold (MLS) $94,000 ARMLS
- 2009-10-05 Listing Removed — ARMLS
- 2009-09-11 Listed $89,900 ARMLS
- 2009-07-17 Sold (MLS) $91,000 ARMLS
- 2009-06-07 Listing Removed — ARMLS
- 2009-05-20 Listed $89,900 ARMLS
- 2004-01-08 Sold (Public Records) $2,243,147 Public Records
Property tax history
-0.5%/yrLatest (2025): $1,283 · +2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…