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Florence 85132
7097 W MILLERTON Way
Photo of 7097 W MILLERTON Way
Sold on Dec 30, 2021

18

Map

Photo of 7097 W MILLERTON Way
Photo of 7097 W MILLERTON Way
$410,000
● House - Off Market

7097 W MILLERTON Way

Florence, AZ 85132
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,176 Ft²
$430,537
RealtyHop Estimate
5.03%
Since Jan 1, 2022
AZ-Phoenix
Primary Model

About This Property

Located in Anthem Merrill Ranch. Spacious single story, 3 bedroom, 2 bath floor plan with soaring ceilings and a 2 car garage. The kitchen features dark cabinets, granite counter tops, and a FULL stainless-steel appliance package. Kitchen island the size of a continent. Tile and Carpet throughout. The backyard features a covered patio, and full landscaping.
Unit Size
2,176 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$188
Property Type
House
Property Taxes
$209
HOA Dues
$402
Year Built
2016

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (ARMLS #6319790)

Price History

Date / Event Date Event Price
Dec 30, 2021 Sold
Premium
Sold
Nov 11, 2021 Listed by OfferPad Brokerage, LLC $409,900
Listed by OfferPad Brokerage, LLC
Nov 5, 2021 Sold
Premium
Sold
Oct 19, 2021 No longer available -
No longer available
Oct 14, 2021 Listed by OfferPad Brokerage, LLC $400,000
Listed by OfferPad Brokerage, LLC
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,615
  • Gross Building Area: 2,615
  • Building Area: 2,175
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,175
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MERRILL RANCH
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • Legal Description 1: LOT 127 MERRILL RANCH - UNIT 53, RECORDED IN PLAT 2016-008606, IN SECTION 30 TOWNSHIP 04 SOUTH RANGE 09 EAST, 7500 SQUARE FEET 0.1 7 ACRES

Neighborhood

  • School District Name: Florence Unified School District
  • Census Tract: 000806

Geography

  • Assessors Map Reference: PM-131
  • Parcel: 211-13-2460
  • Lot: 127
  • Meridian: SEC 30 TWN 04S RNG 09E
  • Latitude: 33.0539
  • Longitude: -111.472

    Address

  • Full Address: 7097 W Millerton Way
  • Legal Unit: 53
  • Address - House Number: 7097
  • Street Direction: W
  • Address - Street Name: Millerton
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Florence
  • Carrier Code: H002
  • 4-Digit Zip Code: 6960
  • Zip Code: 85132

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $251,240
  • Tax Rate Code Area: 0140

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 414,644
  • High Value: 485,044
  • Low Value: 344,244

    Market Valuation

  • Market Total Value: $374,613
  • Market Land Value: $74,052
  • Market Improvement Value: $300,561

    Assessments Valuation

  • Assessed Year: 2025
  • Assessed Total Value: $37,461

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 165390
  • Previous Sale Recording Date: Nov 05, 2021
  • Previous Sale Contract Date: Oct 21, 2021
  • Previous Sale Amount: $384,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Florence

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

95

Average Home Size

1912 ft²

Average Home Age

11.5 years

Currently For Sale

173 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 8531 W Pleasant Oak Way, Florence, AZ, 85132

$2,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,300 ft²
8531 W Pleasant Oak Way, Florence, AZ, 85132 Listing by George Laughton
Unit for rent at 4210 N Potomac Drive, Florence, AZ, 85132

$5,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,529 ft²
4210 N Potomac Drive, Florence, AZ, 85132 Listing by Christine Mead
Unit for rent at 3967 N Hudson Drive, Florence, AZ, 85132

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,276 ft²
3967 N Hudson Drive, Florence, AZ, 85132 Listing by Lexus D Jones

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Derek Dickson, OfferPad Brokerage, LLC
Last Updated: 3 months ago
Data Source: ARMLS, MLS# 6319790
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 7097 West Millerton Way built and last sold?
The property at 7097 West Millerton Way was built in 2016 and last sold on Nov 22, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 7097 West Millerton Way is $414,245.
What are some comparable homes to 7097 West Millerton Way?
There are currently no comparable homes to 7097 West Millerton Way.
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