20100 N 78th Pl E #1210 · Scottsdale, AZ 85255

$450,000

3 bd · 2.0 ba · 1,286 sqft · Condo public records · 43 Days on market

Built 2001 $350/sqft · 7% above area Est $419k · 7% over $551/mo HOA · 14% of rent

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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).

• Cash flow +12.7/30.0
• Appreciation +7.8/10.0
• ARV discount +4.2/15.0
• Livability +4.0/5.0
• 1% rule +3.9/10.0
• DSCR +3.8/10.0
• Schools +3.8/10.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Own this rare 3bed/2bath condo FIRST FLOOR UNIT located in a highly desirable Scottsdale community. The Edge at Grayhawk is an amazing, gated community offering state of the art clubhouses with large fitness center, 4 resort style pools, jacuzzis, BBQ area, outdoor fireplaces, business center, coffee bar, billiards, a poker table and a movie theater. You will love the open concept floorplan enhanced with beautiful newer tile flooring, paint, carpet and tile shower. Kitchen boasts stainless steel appliances and plenty of real wood cabinetry. Bedrooms are generously sized and offer flexibility. Enjoy relaxing on your private covered patio right next to the pool! It's the perfect spot to enjoy Arizona in the outdoors. Each week the community offers a Chef Prepared meal for purchase. The food is always amazing and a great opportunity to meet and socialize with the neighbors!

Key facts

• Business center
• Fitness center
• Clubhouse

Tags

• GATED SCOTTSDALE COMMUNITY
• PRIVATE COVERED PATIO
• COMMUNITY AMENITIES
• CLUBHOUSE
• FITNESS CENTER
• BUSINESS CENTER

Property features AI

Finance

• Other: Lot information sourced from assessor
• HOA & community: Association fees apply (monthly and quarterly assessments); HOA covers roof replacement and exterior maintenance

Exterior

• Parking: 1 covered parking space; 1 carport space
• Security: Gated community access; Fire sprinkler system
• Utilities: City water; Public sewer
• Home design: Attached apartment; Fee simple ownership
• Construction: Stucco and wood frame construction
• Exterior features: Tile roof; No fencing noted; Pool; Gated community; Community spa (heated); Biking/walking path; Fire sprinkler system

Interior

• Kitchen: Built-in microwave; Pantry; Refrigerator; Dishwasher; Disposal
• Bedrooms: Up to 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air; Ceiling fans
• Interior features: Granite counters; Breakfast bar; Pantry; Full bath in primary bedroom; Refrigerator; Dishwasher; Disposal
• Laundry & utility: Washer/dryer hook-ups (washer/dryer not included)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $450k.

Deal economics

• At list price, monthly cash flow is $-48 ($-574/yr) — negative.
• To cash-flow at today's rent, offer at most $442k (1.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $400k (11.0% below list).
• Recommended offer: $400k (11.0% below list) — sets the bar for 1% rule.
• Cap rate 6.2% 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.
• Paradise Valley Unified District (4241) (urban): math 39% / reading 46% proficiency, ranked #56 of 249 in AZ (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Grayhawk Elementary School (math 62% / reading 67%, grade B, #104 of 1,109 statewide, top 10%, 358 students, 7% FRL); Mountain Trail Middle School (math 33% / reading 41%, grade F, #57 of 218 statewide, top 27%, 680 students, 24% FRL); Pinnacle High School (math 49% / reading 54%, grade D+, #35 of 381 statewide, top 9%, 2,479 students, 8% FRL) — zoned schools average 13% FRL vs 29% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+4.4%/yr); 720 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).

Forward outlook

• In year one you build about $28k of equity ($3k loan paydown + $25k appreciation (5.6% local appreciation)).
• Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (5.6% appreciation + 4.4% rent growth), your $126k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($436k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y ago; this cycle's ask has dropped $35k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $380k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $400,388 (11.0% below list)

Questions for the listing agent

1. 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?
2. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.89% ✗
• Cap rate: 6.17%
• Cash-on-cash: -0.46%
• DSCR: 0.98
• GRM: 9.4

CMA / ARV

• ARV (median comp): $419,209
• List price: $450,000
• Delta: 7.34%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

5.64% appreciation · 4.42% rent growth · sell at horizon

5-year hold

• IRR: 14.7%
• Equity multiple: 1.98×
• Total profit: $123,163
• Equity at exit: $272,635

10-year hold

• IRR: 15.6%
• Equity multiple: 4.02×
• Total profit: $380,158
• Equity at exit: $485,794

Cash invested: $126,000 (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 85255

• Home prices YoY: 1.7%
• Rents YoY: 4.4%
• Active inventory: 720
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $4,004 high
• Mortgage (P&I): −$2,360
• Tax from tax record: −$113 /mo · $1,351/yr
• Insurance: −$188
• HOA: −$551
• Vacancy / Maint / Mgmt: −$841
• Net cashflow: $-48

Break-even live

Break-even rent $4,064

Max offer price $441,545

Occupancy floor 96%

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: $112,500
• Closing costs: $13,500
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20121 N 76th St #2043 Scottsdale, AZ	2.0	2.0	1854	$3,550	$1.91	44d	1	0.14mi
20121 N 76th St #2003 Scottsdale, AZ	2.0	2.0	1322	$2,795	$2.11	3d	1	0.14mi
7729 E Tailspin Ln Scottsdale, AZ	3.0	2.0	1634	$3,400	$2.08	8d	1	0.18mi
20100 N 78th Pl Scottsdale, AZ	1.0–2.0	1.0–2.0	1043	$4,650	$4.46	4d	17	0.18mi
20100 N 78th Pl Scottsdale, AZ	2.0	2.0	1202	$3,925	$3.26	44d	5	0.18mi
20100 N 78th Pl Scottsdale, AZ	1.0–2.0	1.0–2.0	1043	$4,650	$4.46	20d	15	0.18mi
19777 N 76th St Unit 1546393P Scottsdale, AZ	3.0	2.0	1323	$3,109	$2.35	8d	1	0.19mi
19777 N 76th St Scottsdale, AZ	2.0–3.0	2.0–3.5	1324	$6,000	$4.53	3d	16	0.26mi
19777 N 76th St Scottsdale, AZ	2.0–3.0	2.0–2.5	1293	$8,000	$6.19	44d	9	0.26mi
19777 N 76th St Scottsdale, AZ	2.0–3.0	2.0–3.5	1324	$5,000	$3.78	10d	19	0.26mi
19700 N 76th St Scottsdale, AZ	2.0–3.0	2.0	1633	$6,500	$3.98	44d	7	0.31mi
19700 N 76th St Scottsdale, AZ	2.0–3.0	2.0	1633	$6,500	$3.98	4d	14	0.31mi
20458 N 78th Way Scottsdale, AZ	4.0	2.0	1834	$4,500	$2.45	24d	1	0.34mi
7789 E Journey Ln Scottsdale, AZ	3.0	2.0	1634	$4,700	$2.88	44d	1	0.40mi
19700 N 76th St Unit 1546077P Scottsdale, AZ	2.0	2.0	1722	$3,226	$1.87	15d	1	0.44mi
7340 E Legacy Blvd Scottsdale, AZ	1.0–3.0	1.0–2.0	1045	$2,395	$2.29	1d	22	0.57mi
7355 E Thompson Peak Pkwy Scottsdale, AZ	1.0–3.0	1.0–2.0	1045	$2,510	$2.40	5d	41	0.59mi
20802 N Grayhawk Dr Scottsdale, AZ	2.0–3.0	2.5	2030	$8,000	$3.94	44d	4	0.70mi
19550 N Grayhawk Dr Scottsdale, AZ	2.0–3.0	2.0–3.5	1814	$7,150	$3.94	44d	4	0.95mi
19550 N Grayhawk Dr Unit 1545664P Scottsdale, AZ	2.0	2.0	1313	$2,159	$1.64	14d	1	1.00mi
7435 E Rustling Pass Scottsdale, AZ	3.0	2.0	1804	$8,500	$4.71	44d	1	1.02mi
7220 E Mayo Blvd Scottsdale, AZ	3.0	1.0–3.0	1418	$9,908	$6.98	2d	84	1.10mi
19475 N Grayhawk Dr Scottsdale, AZ	2.0–4.0	2.0–3.5	2155	$5,598	$2.60	44d	5	1.15mi
21546 N 72nd Way Scottsdale, AZ	4.0	2.0	1677	$3,400	$2.03	44d	1	1.19mi
20750 N 87th St Scottsdale, AZ	2.0–3.0	2.0–3.0	1930	$7,500	$3.89	22d	9	1.23mi
20750 N 87th St Scottsdale, AZ	2.0–3.0	2.0–3.0	1930	$7,500	$3.89	24d	8	1.23mi
7500 E Deer Valley Rd Scottsdale, AZ	3.0–4.0	2.5–3.0	2110	$2,300	$1.09	4d	2	1.26mi
17777 N Scottsdale Rd Scottsdale, AZ	1.0–2.0	1.0–2.0	942	$3,399	$3.61	2d	26	1.36mi
8122 E Theresa Dr Scottsdale, AZ	3.0	2.0	1854	$3,395	$1.83	44d	1	1.37mi
8146 E Theresa Dr Unit 1558647P Scottsdale, AZ	4.0	2.0	1851	$4,808	$2.60	8d	1	1.38mi
8158 E Rita Dr Scottsdale, AZ	3.0	2.0	1854	$3,200	$1.73	8d	1	1.48mi

HOA detail condo

• Monthly dues: $551 · $6,612/yr
• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 31 events

1. 2026-06-18
   days on market $450,000 Active 43 DOM
2. 2026-06-17
   days on market $450,000 Active 42 DOM
3. 2026-06-16
   days on market $450,000 Active 41 DOM
4. 2026-06-15
   days on market $450,000 Active 40 DOM
5. 2026-06-13
   days on market $450,000 Active 38 DOM
6. 2026-06-13
   days on market $450,000 Active 37 DOM
7. 2026-06-09
   days on market $450,000 Active 34 DOM
8. 2026-06-08
   days on market $450,000 Active 33 DOM
9. 2026-06-07
   days on market $450,000 Active 32 DOM
10. 2026-06-04
    days on market $450,000 Active 29 DOM
11. 2026-06-03
    days on market $450,000 Active 28 DOM
12. 2026-06-02
    days on market $450,000 Active 27 DOM
13. 2026-06-01
    days on market $450,000 Active 26 DOM
14. 2026-05-31
    days on market $450,000 Active 25 DOM
15. 2026-05-06
    listed $485,000 Active 699-char remark
16. 2021-04-20
    soldstatus $380,000
17. 2021-04-19
    soldstatus $380,000 Closed 883-char remark

    Show marketing remark (883 chars)

    Own this rare 3bed/2bath condo FIRST FLOOR UNIT located in a highly desirable Scottsdale community. The Edge at Grayhawk is an amazing, gated community offering state of the art clubhouses with large fitness center, 4 resort style pools, jacuzzis, BBQ area, outdoor fireplaces, business center, coffee bar, billiards, a poker table and a movie theater. You will love the open concept floorplan enhanced with beautiful newer tile flooring, paint, carpet and tile shower. Kitchen boasts stainless steel appliances and plenty of real wood cabinetry. Bedrooms are generously sized and offer flexibility. Enjoy relaxing on your private covered patio right next to the pool! It's the perfect spot to enjoy Arizona in the outdoors. Each week the community offers a Chef Prepared meal for purchase. The food is always amazing and a great opportunity to meet and socialize with the neighbors!

18. 2021-04-09
    status Pending 883-char remark

    Show marketing remark (883 chars)

    Own this rare 3bed/2bath condo FIRST FLOOR UNIT located in a highly desirable Scottsdale community. The Edge at Grayhawk is an amazing, gated community offering state of the art clubhouses with large fitness center, 4 resort style pools, jacuzzis, BBQ area, outdoor fireplaces, business center, coffee bar, billiards, a poker table and a movie theater. You will love the open concept floorplan enhanced with beautiful newer tile flooring, paint, carpet and tile shower. Kitchen boasts stainless steel appliances and plenty of real wood cabinetry. Bedrooms are generously sized and offer flexibility. Enjoy relaxing on your private covered patio right next to the pool! It's the perfect spot to enjoy Arizona in the outdoors. Each week the community offers a Chef Prepared meal for purchase. The food is always amazing and a great opportunity to meet and socialize with the neighbors!

19. 2021-04-01
    price $390,000 883-char remark

    Show marketing remark (883 chars)

    Own this rare 3bed/2bath condo FIRST FLOOR UNIT located in a highly desirable Scottsdale community. The Edge at Grayhawk is an amazing, gated community offering state of the art clubhouses with large fitness center, 4 resort style pools, jacuzzis, BBQ area, outdoor fireplaces, business center, coffee bar, billiards, a poker table and a movie theater. You will love the open concept floorplan enhanced with beautiful newer tile flooring, paint, carpet and tile shower. Kitchen boasts stainless steel appliances and plenty of real wood cabinetry. Bedrooms are generously sized and offer flexibility. Enjoy relaxing on your private covered patio right next to the pool! It's the perfect spot to enjoy Arizona in the outdoors. Each week the community offers a Chef Prepared meal for purchase. The food is always amazing and a great opportunity to meet and socialize with the neighbors!

20. 2021-04-01
    status Active 883-char remark

    Show marketing remark (883 chars)

    Own this rare 3bed/2bath condo FIRST FLOOR UNIT located in a highly desirable Scottsdale community. The Edge at Grayhawk is an amazing, gated community offering state of the art clubhouses with large fitness center, 4 resort style pools, jacuzzis, BBQ area, outdoor fireplaces, business center, coffee bar, billiards, a poker table and a movie theater. You will love the open concept floorplan enhanced with beautiful newer tile flooring, paint, carpet and tile shower. Kitchen boasts stainless steel appliances and plenty of real wood cabinetry. Bedrooms are generously sized and offer flexibility. Enjoy relaxing on your private covered patio right next to the pool! It's the perfect spot to enjoy Arizona in the outdoors. Each week the community offers a Chef Prepared meal for purchase. The food is always amazing and a great opportunity to meet and socialize with the neighbors!

21. 2021-03-15
    status Pending 883-char remark

    Show marketing remark (883 chars)

    Own this rare 3bed/2bath condo FIRST FLOOR UNIT located in a highly desirable Scottsdale community. The Edge at Grayhawk is an amazing, gated community offering state of the art clubhouses with large fitness center, 4 resort style pools, jacuzzis, BBQ area, outdoor fireplaces, business center, coffee bar, billiards, a poker table and a movie theater. You will love the open concept floorplan enhanced with beautiful newer tile flooring, paint, carpet and tile shower. Kitchen boasts stainless steel appliances and plenty of real wood cabinetry. Bedrooms are generously sized and offer flexibility. Enjoy relaxing on your private covered patio right next to the pool! It's the perfect spot to enjoy Arizona in the outdoors. Each week the community offers a Chef Prepared meal for purchase. The food is always amazing and a great opportunity to meet and socialize with the neighbors!

22. 2021-03-08
    listed $375,000 Active 883-char remark

    Show marketing remark (883 chars)

    Own this rare 3bed/2bath condo FIRST FLOOR UNIT located in a highly desirable Scottsdale community. The Edge at Grayhawk is an amazing, gated community offering state of the art clubhouses with large fitness center, 4 resort style pools, jacuzzis, BBQ area, outdoor fireplaces, business center, coffee bar, billiards, a poker table and a movie theater. You will love the open concept floorplan enhanced with beautiful newer tile flooring, paint, carpet and tile shower. Kitchen boasts stainless steel appliances and plenty of real wood cabinetry. Bedrooms are generously sized and offer flexibility. Enjoy relaxing on your private covered patio right next to the pool! It's the perfect spot to enjoy Arizona in the outdoors. Each week the community offers a Chef Prepared meal for purchase. The food is always amazing and a great opportunity to meet and socialize with the neighbors!

23. 2017-01-23
    soldstatus $209,000 Closed

    Show marketing remark (572 chars)

    Best location in the complex for this 3 bed, 2 bath condo in the desirable Scottsdale Edge at Grayhawk! This formal model features neutral paint, covered balcony with seating area, and a den perfect for an office. The beautiful kitchen offers upgraded stainless steel appliances, tile countertops and back splash. The master bedroom boasts a full bath, and a walk-in closet. Luxurious community amenities are comprised of two resort style pools, clubhouse, fitness center, billards tables, movie theater, BBQ's, wine bar, on-site chef, video game center, and so much more.

24. 2017-01-23
    soldstatus $209,000

    Show marketing remark (572 chars)

    Best location in the complex for this 3 bed, 2 bath condo in the desirable Scottsdale Edge at Grayhawk! This formal model features neutral paint, covered balcony with seating area, and a den perfect for an office. The beautiful kitchen offers upgraded stainless steel appliances, tile countertops and back splash. The master bedroom boasts a full bath, and a walk-in closet. Luxurious community amenities are comprised of two resort style pools, clubhouse, fitness center, billards tables, movie theater, BBQ's, wine bar, on-site chef, video game center, and so much more.

25. 2016-08-31
    historical Under Contract Accepting Backups

    Show marketing remark (572 chars)

    Best location in the complex for this 3 bed, 2 bath condo in the desirable Scottsdale Edge at Grayhawk! This formal model features neutral paint, covered balcony with seating area, and a den perfect for an office. The beautiful kitchen offers upgraded stainless steel appliances, tile countertops and back splash. The master bedroom boasts a full bath, and a walk-in closet. Luxurious community amenities are comprised of two resort style pools, clubhouse, fitness center, billards tables, movie theater, BBQ's, wine bar, on-site chef, video game center, and so much more.

26. 2016-08-30
    price $209,000

    Show marketing remark (572 chars)

    Best location in the complex for this 3 bed, 2 bath condo in the desirable Scottsdale Edge at Grayhawk! This formal model features neutral paint, covered balcony with seating area, and a den perfect for an office. The beautiful kitchen offers upgraded stainless steel appliances, tile countertops and back splash. The master bedroom boasts a full bath, and a walk-in closet. Luxurious community amenities are comprised of two resort style pools, clubhouse, fitness center, billards tables, movie theater, BBQ's, wine bar, on-site chef, video game center, and so much more.

27. 2016-08-26
    price $219,000

    Show marketing remark (572 chars)

    Best location in the complex for this 3 bed, 2 bath condo in the desirable Scottsdale Edge at Grayhawk! This formal model features neutral paint, covered balcony with seating area, and a den perfect for an office. The beautiful kitchen offers upgraded stainless steel appliances, tile countertops and back splash. The master bedroom boasts a full bath, and a walk-in closet. Luxurious community amenities are comprised of two resort style pools, clubhouse, fitness center, billards tables, movie theater, BBQ's, wine bar, on-site chef, video game center, and so much more.

28. 2016-08-19
    price $229,000

    Show marketing remark (572 chars)

    Best location in the complex for this 3 bed, 2 bath condo in the desirable Scottsdale Edge at Grayhawk! This formal model features neutral paint, covered balcony with seating area, and a den perfect for an office. The beautiful kitchen offers upgraded stainless steel appliances, tile countertops and back splash. The master bedroom boasts a full bath, and a walk-in closet. Luxurious community amenities are comprised of two resort style pools, clubhouse, fitness center, billards tables, movie theater, BBQ's, wine bar, on-site chef, video game center, and so much more.

29. 2016-08-09
    listed $239,000 Active

    Show marketing remark (572 chars)

    Best location in the complex for this 3 bed, 2 bath condo in the desirable Scottsdale Edge at Grayhawk! This formal model features neutral paint, covered balcony with seating area, and a den perfect for an office. The beautiful kitchen offers upgraded stainless steel appliances, tile countertops and back splash. The master bedroom boasts a full bath, and a walk-in closet. Luxurious community amenities are comprised of two resort style pools, clubhouse, fitness center, billards tables, movie theater, BBQ's, wine bar, on-site chef, video game center, and so much more.

30. 2008-12-31
    historical
31. 2008-05-02
    listed $430,000

ⓘ 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: $1,351 · $113/mo
• Projected year-2 tax: $2,970 · $248/mo
• Expected delta: +$1,619/yr (+$135/mo · 119.9%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 18 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: $48,047
• − Mortgage interest: −$25,207
• − Property taxes: −$1,351
• − Insurance: −$2,250
• − Repairs & maintenance: −$3,844
• − Management: −$3,844
• − HOA: −$6,612
• − Depreciation: −$13,091
• Taxable loss: −$8,152
• Est. tax savings @ 24.0%: +$1,956
• After-tax cash flow: $1,382/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: Paradise Valley Unified District (4241)
• NCES district ID: 0405930
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 46% ▼ -7.00%
• Median HH income: $64,106
• Composite: 37.89/100
• National rank: #4316
• State rank: #56 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): 45,346
• Household income: $140,616
• Rent vs Own: 26.9% rent · 73.1% own
• Severe rent burden: 1034.0

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 7% Two or more races 6% Asian 4% Black 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 4% Slovak 3% Italian 2%
• Foreign-born: 11% · Canada, South Korea, China
• Languages at home: 88% English-only · Spanish 5% Other Indo-European 3% Other Asian/Pacific 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: ▲ 5.64%
• Current HPI: 330.9931
• Rent YoY: ▲ 4.42%
• 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

+4.7% since first listed

19 events — show timeline

• 2026-05-28 Price Changed $450,000 ARMLS
• 2026-05-19 Price Changed $475,000 ARMLS
• 2026-05-06 Listed $485,000 ARMLS
• 2021-04-20 Sold (Public Records) $380,000 Public Records
• 2021-04-19 Sold (MLS) $380,000 ARMLS
• 2021-04-09 Pending — ARMLS
• 2021-04-01 Price Changed $390,000 ARMLS
• 2021-04-01 Relisted — ARMLS
• 2021-03-15 Pending — ARMLS
• 2021-03-08 Listed $375,000 ARMLS
• 2017-01-23 Sold (Public Records) $209,000 Public Records
• 2017-01-23 Sold (MLS) $209,000 ARMLS
• 2016-08-31 Contingent — ARMLS
• 2016-08-30 Price Changed $209,000 ARMLS
• 2016-08-26 Price Changed $219,000 ARMLS
• 2016-08-19 Price Changed $229,000 ARMLS
• 2016-08-09 Listed $239,000 ARMLS
• 2008-12-31 Listing Removed — ARMLS
• 2008-05-02 Listed $430,000 ARMLS

Property tax history

-3.2%/yr

Latest (2025): $1,351 · +2.0% YoY. Source: county tax records.