7252 E Maverick Rd · Scottsdale, AZ 85258

$749,000

3 bd · 3.0 ba · 2,464 sqft · SingleFamily public records · 200 Days on market

Built 1981 7,100 sqft lot $304/sqft · 22% below area Est $845k · 11% under $71/mo HOA · 1% of rent

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Why this score? — see what drove the C 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).

• Cash flow +20.8/30.0
• ARV discount +12.6/15.0
• DSCR +6.6/10.0
• Schools +4.8/10.0
• 1% rule +4.3/10.0
• Livability +4.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to exclusive Santo Tomas in the heart of McCormick Ranch! This beautifully updated 3 bedroom retreat offers an ideal blend of comfort, sophistication and the best of Arizona living- perfect as a full-time residence or a luxurious seasonal getaway! This light-filled floor plan with soaring ceilings features modern finishes, updated flooring, and an inviting living space designed for both everyday living and entertaining. The stainless-steel kitchen includes abundant cabinetry, quartz countertops and excellent flow to the dining and living areas. The primary suite is a serene escape with generous closet space and a well-appointed bathroom. Two additional bedrooms provide flexibility for guests, a home office or a hobby room. This private backyard oasis is where this home truly shines, with a sparkling pool, low-maintenance turf landscaping, and multiple areas to relax or entertain in the Arizona sunshine. Fabulous workout/wellness space with cooling and heat in the garage as well as a huge storage area. Located in prime Scottsdale and the "3-C's" school district, you're just minutes from world-class shopping, dining, golf, and outdoor recreation. Owner offering a credit of 6 months of land lease payments! This is an exceptional opportunity to own a turn-key home in an unbeatable location! Santo Tomas is a lease-hold development. Rentals allowed with a 30-day minimum.

Key facts

• Huge storage area
• Quartz countertops
• Updated flooring

Tags

• UPDATED FLOORING
• STAINLESS-STEEL KITCHEN
• QUARTZ COUNTERTOPS
• PRIVATE BACKYARD OASIS
• HUGE STORAGE AREA
• PRIME SCOTTSDALE LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $749k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $696k (7.1% below list).
• Recommended offer: $659k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 2.5% in Scottsdale — 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 80/100 on livability (#4 in AZ, #1,756 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, cost of living F.
• Scottsdale Unified District (4240) (urban): math 53% / reading 55% proficiency, ranked #30 of 249 in AZ (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.6%/yr); 299 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• At $6,957/mo this rent would consume 73% of the median local household income ($114k/yr) (locally 832% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $22k of value loss. Plan a longer hold.
• Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 200 days — a 12% lower offer ($659k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago; this cycle's ask has dropped $90k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $495k; list at $749k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $659,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 200 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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.
7. 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.
8. 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: 0.93% ✗
• Cap rate: 7.95%
• Cash-on-cash: 5.92%
• DSCR: 1.26
• GRM: 9.0

CMA / ARV

• ARV (median comp): $844,805
• List price: $749,000
• Delta: -11.34%
• 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
7475 E Woodshire Cv	0.47mi	3/2.5	2,481 (+1%)	2mo	$970,000	$391	73
8542 N Farview Dr	0.51mi	3/2.5	2,581 (+5%)	1mo	$1,322,843	$513	65
7369 E Del Acero Dr	0.45mi	2/2.5 (-1)	2,564 (+4%)	7mo	$1,150,000	$449	60
7506 E Woodsage Ln	0.69mi	3/2.5	2,534 (+3%)	4mo	$1,050,000	$414	58
7553 E Woodshire Cv	0.62mi	4/2.5 (+1)	2,534 (+3%)	4mo	$1,650,000	$651	56
7487 E Sunnyvale Dr	0.68mi	3/3.0	2,564 (+4%)	8mo	$1,300,000	$507	55
7758 E Oakshore Dr	0.70mi	3/2.5	2,294 (-7%)	0mo	$825,000	$360	54
7798 E Via Casta --	0.71mi	3/2.5	2,294 (-7%)	1mo	$1,137,500	$496	53
8542 N Woodland Ct	0.55mi	4/3.5 (+1)	2,662 (+8%)	2mo	$1,550,000	$582	53
7789 E Stallion Rd	0.70mi	3/2.5	2,294 (-7%)	2mo	$1,100,000	$480	52
7619 E Via DE Corto --	0.55mi	4/3.0 (+1)	2,622 (+6%)	8mo	$2,150,000	$820	52
7620 E Via Del Placito --	0.51mi	4/2.5 (+1)	2,829 (+15%)	8mo	$2,500,000	$884	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: -8.6%
• Equity multiple: 0.69×
• Total profit: $-65,503
• Equity at exit: $111,678

10-year hold

• IRR: -0.9%
• Equity multiple: 0.94×
• Total profit: $-12,142
• Equity at exit: $64,760

Cash invested: $209,720 (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

5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Methodology + full state rankings →

ZIP-level market 85258

• Rents YoY: 1.6%
• Active inventory: 299
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $6,957 high
• Mortgage (P&I): −$3,928
• Tax from tax record: −$151 /mo · $1,815/yr
• Insurance: −$312
• HOA: −$71
• Vacancy / Maint / Mgmt: −$1,461
• Net cashflow: $1,034

Break-even live

Break-even rent $5,648

Max offer price $749,000

Occupancy floor 80%

Sensitivity live

Price	-10% $1,458	-5% $1,246	+0% $1,034	+5% $822	+10% $610
Rent	-10% $485	-5% $759	+0% $1,034	+5% $1,309	+10% $1,584
Rate	-1.0pp $1,411	-0.5pp $1,225	base $1,034	+0.5pp $840	+1.0pp $643

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: $187,250
• Closing costs: $22,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7285 E Las Palmaritas Dr Scottsdale, AZ	3.0	2.5	2586	$7,500	$2.90	23d	1	0.22mi
7330 E Las Palmaritas Dr Scottsdale, AZ	3.0	3.5	2700	$10,000	$3.70	23d	1	0.25mi
7278 E Echo Ln Scottsdale, AZ	3.0	2.5	2925	$9,500	$3.25	25d	1	0.35mi
7305 E Del Acero Dr Scottsdale, AZ	2.0	2.5	2010	$9,500	$4.73	44d	1	0.44mi
7620 E Via del Placito Scottsdale, AZ	4.0	2.5	2829	$18,000	$6.36	44d	1	0.49mi
7317 E Woodsage Ln Scottsdale, AZ	3.0	3.5	2060	$7,500	$3.64	44d	1	0.49mi
7262 E Woodsage Ln Scottsdale, AZ	3.0	2.5	2060	$4,200	$2.04	44d	1	0.52mi
7271 E San Alfredo Dr Scottsdale, AZ	3.0	3.0	2217	$4,450	$2.01	44d	1	0.54mi
7638 E Via de Lindo Scottsdale, AZ	3.0	2.0	2248	$9,000	$4.00	44d	1	0.57mi
7401 N Scottsdale Rd Paradise Valley, AZ	3.0	2.0–2.5	1930	$2,898	$1.50	25d	2	0.60mi
7819 E Via Rio Scottsdale, AZ	3.0	2.0	2053	$8,200	$3.99	44d	1	0.66mi
7773 E Stallion Rd Scottsdale, AZ	3.0	2.0	1812	$4,000	$2.21	25d	1	0.67mi
7838 E Via Costa Scottsdale, AZ	3.0	2.0	2013	$7,000	$3.48	44d	1	0.68mi
7837 E Via Marina Scottsdale, AZ	3.0	2.0	1821	$11,500	$6.32	44d	1	0.69mi
7799 E Oakshore Dr Scottsdale, AZ	2.0	2.0	1813	$10,000	$5.52	44d	1	0.73mi
7720 N Pinesview Dr Scottsdale, AZ	3.0	2.0	1618	$5,500	$3.40	44d	1	0.80mi
7275 N Scottsdale Rd #1019 Paradise Valley, AZ	4.0	3.5	3062	$6,800	$2.22	44d	1	0.83mi
7614 E Gila Bend Rd Scottsdale, AZ	3.0	3.0	2608	$6,900	$2.65	44d	1	0.83mi
7222 E Gainey Ranch Rd Scottsdale, AZ	2.0–3.0	2.0–3.0	1765	$8,500	$4.82	11d	4	0.87mi
7222 E Gainey Ranch Rd Scottsdale, AZ	2.0–3.0	2.0–3.0	1765	$8,500	$4.82	19d	5	0.87mi
7222 E Gainey Ranch Rd Scottsdale, AZ	2.0–3.0	2.0–3.0	1765	$8,500	$4.82	12d	3	0.87mi
7974 E Via Campo Scottsdale, AZ	4.0	3.0	2852	$6,450	$2.26	44d	1	0.88mi
8012 E Via Campo Scottsdale, AZ	4.0	2.0	2430	$3,950	$1.63	44d	1	0.89mi
7272 E Gainey Ranch Rd Scottsdale, AZ	2.0	2.0–2.5	1577	$6,622	$4.20	8d	8	0.90mi
7272 E Gainey Ranch Rd Scottsdale, AZ	2.0	2.0–2.5	1577	$7,492	$4.75	4d	7	0.90mi
8989 N Gainey Center Dr #149 Scottsdale, AZ	3.0	3.0	2325	$12,000	$5.16	44d	1	0.93mi
8989 N Gainey Center Dr #149 Scottsdale, AZ	3.0	3.0	2325	$12,000	$5.16	0d	1	0.93mi
7400 E Gainey Club Dr Scottsdale, AZ	2.0–3.0	2.0–3.0	1830	$6,500	$3.55	0d	4	1.01mi
7636 N Via Camello del Sur Scottsdale, AZ	2.0	2.0	1890	$14,500	$7.67	44d	1	1.06mi
7500 N Via Camello del Sur Scottsdale, AZ	3.0	2.0	2295	$4,500	$1.96	44d	1	1.09mi
7506 N Via Camello del Sur Scottsdale, AZ	2.0	2.0	2130	$6,500	$3.05	44d	1	1.09mi
7513 N Via Camello del Sur Scottsdale, AZ	2.0	2.0	1890	$3,095	$1.64	25d	1	1.12mi
7519 N Via Camello del Sur Scottsdale, AZ	2.0	2.0	1890	$3,750	$1.98	44d	1	1.13mi
7537 N Via Camello del Sur Scottsdale, AZ	2.0	2.0	1812	$4,900	$2.70	44d	1	1.13mi
7650 N Via de Fonda Scottsdale, AZ	2.0	2.0	1812	$4,400	$2.43	44d	1	1.14mi
7745 N Via Camello del Sur Scottsdale, AZ	2.0	2.0	1890	$4,500	$2.38	44d	1	1.15mi
7760 E Gainey Ranch Rd #20 Scottsdale, AZ	3.0	2.0	1894	$7,995	$4.22	15d	1	1.15mi
7459 E Pleasant Run Scottsdale, AZ	3.0	2.5	2959	$4,250	$1.44	25d	1	1.17mi
8300 E Via de Ventura #1006 Scottsdale, AZ	2.0	2.5	1710	$4,700	$2.75	44d	1	1.20mi
7368 E Pleasant Run Scottsdale, AZ	2.0	2.0	1590	$3,300	$2.08	44d	1	1.21mi

HOA detail

• Monthly dues: $71 · $852/yr
• Likely covers: landscapingpool

Listing history 30 events

1. 2026-06-21
   statusdays on market $749,000 Under Contract Accepting Backups 200 DOM
2. 2026-06-18
   days on market $749,000 Active 197 DOM
3. 2026-06-17
   days on market $749,000 Active 196 DOM
4. 2026-06-16
   days on market $749,000 Active 195 DOM
5. 2026-06-15
   days on market $749,000 Active 194 DOM
6. 2026-06-13
   pricedays on market $749,000 Active 192 DOM
7. 2026-06-09
   days on market $780,000 Active 188 DOM
8. 2026-06-08
   days on market $780,000 Active 187 DOM
9. 2026-06-07
   days on market $780,000 Active 186 DOM
10. 2026-06-04
    days on market $780,000 Active 183 DOM
11. 2026-06-03
    days on market $780,000 Active 182 DOM
12. 2026-06-02
    days on market $780,000 Active 181 DOM
13. 2026-06-01
    days on market $780,000 Active 180 DOM
14. 2026-05-31
    days on market $780,000 Active 179 DOM
15. 2026-04-11
    price $780,000 1406-char remark

    Show marketing remark (1406 chars)

    Welcome to exclusive Santo Tomas in the heart of McCormick Ranch! This beautifully updated 3 bedroom retreat offers an ideal blend of comfort, sophistication and the best of Arizona living- perfect as a full-time residence or a luxurious seasonal getaway! This light-filled floor plan with soaring ceilings features modern finishes, updated flooring, and an inviting living space designed for both everyday living and entertaining. The stainless-steel kitchen includes abundant cabinetry, quartz countertops and excellent flow to the dining and living areas. The primary suite is a serene escape with generous closet space and a well-appointed bathroom. Two additional bedrooms provide flexibility for guests, a home office or a hobby room. This private backyard oasis is where this home truly shines, with a sparkling pool, low-maintenance turf landscaping, and multiple areas to relax or entertain in the Arizona sunshine. Fabulous workout/wellness space with cooling and heat in the garage as well as a huge storage area. Located in prime Scottsdale and the "3-C's" school district, you're just minutes from world-class shopping, dining, golf, and outdoor recreation. Owner offering a credit of 6 months of land lease payments! This is an exceptional opportunity to own a turn-key home in an unbeatable location! Santo Tomas is a lease-hold development. Rentals allowed with a 30-day minimum.

16. 2026-03-12
    price $800,000 1406-char remark

    Show marketing remark (1406 chars)

    Welcome to exclusive Santo Tomas in the heart of McCormick Ranch! This beautifully updated 3 bedroom retreat offers an ideal blend of comfort, sophistication and the best of Arizona living- perfect as a full-time residence or a luxurious seasonal getaway! This light-filled floor plan with soaring ceilings features modern finishes, updated flooring, and an inviting living space designed for both everyday living and entertaining. The stainless-steel kitchen includes abundant cabinetry, quartz countertops and excellent flow to the dining and living areas. The primary suite is a serene escape with generous closet space and a well-appointed bathroom. Two additional bedrooms provide flexibility for guests, a home office or a hobby room. This private backyard oasis is where this home truly shines, with a sparkling pool, low-maintenance turf landscaping, and multiple areas to relax or entertain in the Arizona sunshine. Fabulous workout/wellness space with cooling and heat in the garage as well as a huge storage area. Located in prime Scottsdale and the "3-C's" school district, you're just minutes from world-class shopping, dining, golf, and outdoor recreation. Owner offering a credit of 6 months of land lease payments! This is an exceptional opportunity to own a turn-key home in an unbeatable location! Santo Tomas is a lease-hold development. Rentals allowed with a 30-day minimum.

17. 2026-02-02
    price $829,000 1406-char remark

    Show marketing remark (1406 chars)

    Welcome to exclusive Santo Tomas in the heart of McCormick Ranch! This beautifully updated 3 bedroom retreat offers an ideal blend of comfort, sophistication and the best of Arizona living- perfect as a full-time residence or a luxurious seasonal getaway! This light-filled floor plan with soaring ceilings features modern finishes, updated flooring, and an inviting living space designed for both everyday living and entertaining. The stainless-steel kitchen includes abundant cabinetry, quartz countertops and excellent flow to the dining and living areas. The primary suite is a serene escape with generous closet space and a well-appointed bathroom. Two additional bedrooms provide flexibility for guests, a home office or a hobby room. This private backyard oasis is where this home truly shines, with a sparkling pool, low-maintenance turf landscaping, and multiple areas to relax or entertain in the Arizona sunshine. Fabulous workout/wellness space with cooling and heat in the garage as well as a huge storage area. Located in prime Scottsdale and the "3-C's" school district, you're just minutes from world-class shopping, dining, golf, and outdoor recreation. Owner offering a credit of 6 months of land lease payments! This is an exceptional opportunity to own a turn-key home in an unbeatable location! Santo Tomas is a lease-hold development. Rentals allowed with a 30-day minimum.

18. 2025-12-03
    listed $839,000 Active 1406-char remark

    Show marketing remark (1406 chars)

    Welcome to exclusive Santo Tomas in the heart of McCormick Ranch! This beautifully updated 3 bedroom retreat offers an ideal blend of comfort, sophistication and the best of Arizona living- perfect as a full-time residence or a luxurious seasonal getaway! This light-filled floor plan with soaring ceilings features modern finishes, updated flooring, and an inviting living space designed for both everyday living and entertaining. The stainless-steel kitchen includes abundant cabinetry, quartz countertops and excellent flow to the dining and living areas. The primary suite is a serene escape with generous closet space and a well-appointed bathroom. Two additional bedrooms provide flexibility for guests, a home office or a hobby room. This private backyard oasis is where this home truly shines, with a sparkling pool, low-maintenance turf landscaping, and multiple areas to relax or entertain in the Arizona sunshine. Fabulous workout/wellness space with cooling and heat in the garage as well as a huge storage area. Located in prime Scottsdale and the "3-C's" school district, you're just minutes from world-class shopping, dining, golf, and outdoor recreation. Owner offering a credit of 6 months of land lease payments! This is an exceptional opportunity to own a turn-key home in an unbeatable location! Santo Tomas is a lease-hold development. Rentals allowed with a 30-day minimum.

19. 2020-07-15
    soldstatus $495,000 Closed 699-char remark

    Show marketing remark (699 chars)

    Incredible remodel in the heart of Scottsdale! Located within walking distance of McCormick Ranch and The Shops at Gainey Village in the community of Santo Tomas! This beautiful home features 3 bedrooms, 2 baths, 1 car garage & stunning private pool! Open concept living room, kitchen & dining. Living room boasts a stone fireplace and exposed wooden beams. Fully remodeled kitchen with white shaker cabinets, tile backsplash, quartz countertops & stainless steal appliances. Newer bathroom vanities, toilets, & shower tile surrounds. Huge master suite with a spacious walk-in closet & luxurious master bathroom with freestanding tub and walk-in shower! Come see this home today!

20. 2020-07-15
    soldstatus $495,000

    Show marketing remark (699 chars)

    Incredible remodel in the heart of Scottsdale! Located within walking distance of McCormick Ranch and The Shops at Gainey Village in the community of Santo Tomas! This beautiful home features 3 bedrooms, 2 baths, 1 car garage & stunning private pool! Open concept living room, kitchen & dining. Living room boasts a stone fireplace and exposed wooden beams. Fully remodeled kitchen with white shaker cabinets, tile backsplash, quartz countertops & stainless steal appliances. Newer bathroom vanities, toilets, & shower tile surrounds. Huge master suite with a spacious walk-in closet & luxurious master bathroom with freestanding tub and walk-in shower! Come see this home today!

21. 2020-06-25
    soldstatus $26,500,000
22. 2020-06-17
    historical Under Contract Accepting Backups 699-char remark

    Show marketing remark (699 chars)

    Incredible remodel in the heart of Scottsdale! Located within walking distance of McCormick Ranch and The Shops at Gainey Village in the community of Santo Tomas! This beautiful home features 3 bedrooms, 2 baths, 1 car garage & stunning private pool! Open concept living room, kitchen & dining. Living room boasts a stone fireplace and exposed wooden beams. Fully remodeled kitchen with white shaker cabinets, tile backsplash, quartz countertops & stainless steal appliances. Newer bathroom vanities, toilets, & shower tile surrounds. Huge master suite with a spacious walk-in closet & luxurious master bathroom with freestanding tub and walk-in shower! Come see this home today!

23. 2020-06-04
    status Active 699-char remark

    Show marketing remark (699 chars)

    Incredible remodel in the heart of Scottsdale! Located within walking distance of McCormick Ranch and The Shops at Gainey Village in the community of Santo Tomas! This beautiful home features 3 bedrooms, 2 baths, 1 car garage & stunning private pool! Open concept living room, kitchen & dining. Living room boasts a stone fireplace and exposed wooden beams. Fully remodeled kitchen with white shaker cabinets, tile backsplash, quartz countertops & stainless steal appliances. Newer bathroom vanities, toilets, & shower tile surrounds. Huge master suite with a spacious walk-in closet & luxurious master bathroom with freestanding tub and walk-in shower! Come see this home today!

24. 2020-05-28
    historical Under Contract Accepting Backups 699-char remark

    Show marketing remark (699 chars)

    Incredible remodel in the heart of Scottsdale! Located within walking distance of McCormick Ranch and The Shops at Gainey Village in the community of Santo Tomas! This beautiful home features 3 bedrooms, 2 baths, 1 car garage & stunning private pool! Open concept living room, kitchen & dining. Living room boasts a stone fireplace and exposed wooden beams. Fully remodeled kitchen with white shaker cabinets, tile backsplash, quartz countertops & stainless steal appliances. Newer bathroom vanities, toilets, & shower tile surrounds. Huge master suite with a spacious walk-in closet & luxurious master bathroom with freestanding tub and walk-in shower! Come see this home today!

25. 2020-05-21
    listed $500,000 Active 699-char remark

    Show marketing remark (699 chars)

    Incredible remodel in the heart of Scottsdale! Located within walking distance of McCormick Ranch and The Shops at Gainey Village in the community of Santo Tomas! This beautiful home features 3 bedrooms, 2 baths, 1 car garage & stunning private pool! Open concept living room, kitchen & dining. Living room boasts a stone fireplace and exposed wooden beams. Fully remodeled kitchen with white shaker cabinets, tile backsplash, quartz countertops & stainless steal appliances. Newer bathroom vanities, toilets, & shower tile surrounds. Huge master suite with a spacious walk-in closet & luxurious master bathroom with freestanding tub and walk-in shower! Come see this home today!

26. 2018-12-18
    historical
27. 2018-11-28
    listed $430,000 Active
28. 2018-08-30
    soldstatus $250,000
29. 2018-08-30
    soldstatus $280,000
30. 1981-12-28
    soldstatus $166,071

ⓘ 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: $1,815 · $151/mo
• Projected year-2 tax: $4,943 · $412/mo
• Expected delta: +$3,128/yr (+$261/mo · 172.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (shaded) · 20% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $83,489
• − Mortgage interest: −$41,956
• − Property taxes: −$1,815
• − Insurance: −$3,745
• − Repairs & maintenance: −$6,679
• − Management: −$6,679
• − HOA: −$852
• − Depreciation: −$21,789
• Taxable loss: −$26
• Est. tax savings @ 24.0%: +$6
• After-tax cash flow: $12,416/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: Scottsdale Unified District (4240)
• NCES district ID: 0407570
• Math proficiency: 53% ▼ -10.00%
• Reading proficiency: 55% ▼ -8.00%
• Median HH income: $70,139
• Composite: 48.02/100
• National rank: #2196
• State rank: #30 of 249 in AZ

Livability — Scottsdale

• Score: 80/100
• State rank: #4
• US rank: #1756

Category grades

Amenities A+ Commute A+ Cost of living F Crime B+ Employment A+ Housing A- Health & safety C- User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Scottsdale, AZ
• County: Maricopa County · 4,537,380 people
• City population: 290,846
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 25,545
• Household income: $114,111
• Rent vs Own: 26.4% rent · 73.6% own
• Severe rent burden: 832.0

Population outlook (Maricopa County) Hauer SSP2

• Today (2025): 4,979,203 people
• By 2030: 5,378,229 · +8.0%
• By 2040: 6,156,598 · +23.6%
• By 2050: 6,872,376 · +38.0%
• By 2075: 8,401,270 · +68.7%
• By 2100: 9,247,439 · +85.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 6% Two or more races 6% Asian 4% Black 3%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 5% Italian 5% Lithuanian 4%
• Foreign-born: 13% · Canada, China
• Languages at home: 90% English-only · Spanish 4% Russian/Polish/Slavic 2% Other Indo-European 1%

Political lean MEDSL · Maricopa

• 2024 margin: Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
• 2008→2024 swing: +7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -461.15%
• Current HPI: 335.6925
• Rent YoY: ▲ 1.60%
• Metro: Phoenix-Mesa-Chandler, AZ
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

Industry mix (Fortune 500 HQ in AZ)

Industry	F500 HQs	Revenue
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

+369.7% since first listed

16 events — show timeline

• 2026-04-11 Price Changed $780,000 ARMLS
• 2026-03-12 Price Changed $800,000 ARMLS
• 2026-02-02 Price Changed $829,000 ARMLS
• 2025-12-03 Listed $839,000 ARMLS
• 2020-07-15 Sold (Public Records) $495,000 Public Records
• 2020-07-15 Sold (MLS) $495,000 ARMLS
• 2020-06-25 Sold (Public Records) $26,500,000 Public Records
• 2020-06-17 Contingent — ARMLS
• 2020-06-04 Relisted — ARMLS
• 2020-05-28 Contingent — ARMLS
• 2020-05-21 Listed $500,000 ARMLS
• 2018-12-18 Listing Removed — ARMLS
• 2018-11-28 Listed $430,000 ARMLS
• 2018-08-30 Sold (Public Records) $280,000 Public Records
• 2018-08-30 Sold (Public Records) $250,000 Public Records
• 1981-12-28 Sold (Public Records) $166,071 Public Records

Property tax history

-0.4%/yr

Latest (2025): $1,815 · +3.9% YoY. Source: county tax records.