4850 E Desert Cove Ave #241 · Phoenix, AZ 85254

$305,000

2 bd · 2.0 ba · 1,098 sqft · Condo public records · 188 Days on market

Built 1988 $278/sqft · 16% below area Est $364k · 16% under $330/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).

• ARV discount +14.8/15.0
• Cash flow +8.0/30.0
• Schools +4.8/10.0
• Livability +3.8/5.0
• Rent growth +3.4/5.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

Key facts

• Walk-in closet
• Private patios
• Vaulted ceilings

Tags

• VAULTED CEILINGS
• WOODBURNING FIREPLACE
• WATERFALL QUARTZ COUNTERTOP
• STAINLESS STEEL APPLIANCES
• PRIVATE PATIOS
• WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $305k.

Deal economics

• At list price, monthly cash flow is $-312 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $250k (18.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (24.7% below list).
• Recommended offer: $230k (24.7% below list) — sets the bar for 1% rule.
• Cap rate 5.1% vs local median 3.3% in Phoenix — 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 75/100 on livability (#16 in AZ, #3,924 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime 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.
• Zoned schools: Cheyenne Traditional School (math 78% / reading 75%, grade A, #24 of 1,109 statewide, top 2%, 880 students, 4% FRL); Cocopah Middle School (math 63% / reading 63%, grade B+, #3 of 218 statewide, top 1%, 886 students, 9% FRL); Chaparral High School (math 40% / reading 35%, grade F, #82 of 381 statewide, top 22%, 2,038 students, 6% FRL) — zoned schools average 6% FRL vs 21% district-wide (15 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+3.4%/yr); 398 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 188 days — a 12% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 8y ago; this cycle's ask is 827% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $246k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $229,630 (24.7% 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 188 days. Have you received any prior offers? Is the seller open to a 25% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Crime grade is F 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.75% ✗
• Cap rate: 5.06%
• Cash-on-cash: -4.39%
• DSCR: 0.80
• GRM: 11.1

CMA / ARV

• ARV (median comp): $363,580
• List price: $305,000
• Delta: -16.11%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.42% rent growth · sell at horizon

5-year hold

• IRR: -23.2%
• Equity multiple: 0.20×
• Total profit: $-68,283
• Equity at exit: $45,476

10-year hold

• IRR: -16.8%
• Equity multiple: 0.05×
• Total profit: $-80,840
• Equity at exit: $26,371

Cash invested: $85,400 (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 85254

• Rents YoY: 3.4%
• Active inventory: 398
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $2,296 high
• Mortgage (P&I): −$1,599
• Tax from tax record: −$70 /mo · $836/yr
• Insurance: −$127
• HOA: −$330
• Vacancy / Maint / Mgmt: −$482
• Net cashflow: $-312

Break-even live

Break-even rent $2,691

Max offer price $249,858

Occupancy floor —

Sensitivity live

Price	-10% $-139	-5% $-226	+0% $-312	+5% $-398	+10% $-485
Rent	-10% $-494	-5% $-403	+0% $-312	+5% $-221	+10% $-131
Rate	-1.0pp $-159	-0.5pp $-235	base $-312	+0.5pp $-391	+1.0pp $-472

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: $76,250
• Closing costs: $9,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4850 E Desert Cove Ave Scottsdale, AZ	1.0–2.0	1.0–2.0	889	$2,200	$2.47	4d	3	0.02mi
4850 E Desert Cove Ave Scottsdale, AZ	1.0–2.0	1.0–2.0	1078	$2,100	$1.95	45d	4	0.02mi
4925 E Desert Cove Ave Scottsdale, AZ	1.0–3.0	1.0–2.0	973	$1,925	$1.98	45d	5	0.14mi
4925 E Desert Cove Ave Scottsdale, AZ	1.0–2.0	1.0–2.0	903	$1,899	$2.10	0d	1	0.14mi
4925 E Desert Cove Ave Scottsdale, AZ	1.0–2.0	1.0–2.0	911	$2,250	$2.47	26d	4	0.14mi
5122 E Shea Blvd Scottsdale, AZ	1.0–2.0	1.0–2.0	912	$3,100	$3.40	45d	3	0.26mi
5122 E Shea Blvd Scottsdale, AZ	1.0–2.0	1.0–2.0	716	$2,300	$3.21	1d	2	0.26mi
11640 N Tatum Blvd Phoenix, AZ	1.0–2.0	1.0–2.0	1050	$2,300	$2.19	20d	5	0.49mi
11640 N Tatum Blvd Phoenix, AZ	2.0	2.0	1225	$2,800	$2.29	45d	4	0.49mi
11640 N Tatum Blvd Phoenix, AZ	1.0–2.0	1.0–2.0	1174	$2,300	$1.96	16d	4	0.49mi
5249 E Shea Blvd #103 Scottsdale, AZ	2.0	2.0	1147	$1,625	$1.42	26d	1	0.54mi
10401 N 52nd St Paradise Valley, AZ	2.0	2.0	1076	$1,898	$1.76	0d	2	0.56mi
10401 N 52nd St Paradise Valley, AZ	2.0	2.0	1076	$1,924	$1.79	5d	2	0.56mi
5249 E Shea Blvd Scottsdale, AZ	2.0	2.0	1147	$1,625	$1.42	23d	1	0.60mi
4465 E Paradise Village Pkwy S #1188 Phoenix, AZ	1.0	1.0	812	$1,695	$2.09	26d	1	0.70mi
4455 E Paradise Village Pkwy S Phoenix, AZ	2.0	2.0	1212	$2,038	$1.68	20d	2	0.75mi
4455 E Paradise Village Pkwy S Phoenix, AZ	2.0	2.0–3.5	1194	$2,125	$1.78	46d	2	0.75mi
5335 E Shea Blvd Scottsdale, AZ	1.0–3.0	1.0–2.0	1000	$2,388	$2.39	45d	5	0.75mi
5335 E Shea Blvd Scottsdale, AZ	1.0–3.0	1.0–2.0	1018	$4,125	$4.05	26d	5	0.75mi
4502 E Paradise Village Pkwy S Phoenix, AZ	1.0–2.0	1.0–2.0	837	$1,706	$2.04	0d	12	0.81mi
4444 E Paradise Vlg Pkwy S Unit 241 Phoenix, AZ	2.0	2.0	1000	$1,445	$1.45	12d	1	0.81mi
4444 E Paradise Vlg Pkwy S Unit 241 Phoenix, AZ	2.0	2.0	1000	$1,445	$1.45	1d	1	0.81mi
12211 N Paradise Village Pkwy S Phoenix, AZ	1.0–2.0	1.0–2.0	740	$1,574	$2.13	4d	8	0.95mi
12212 N Paradise Village Pkwy S Unit 1545756P Phoenix, AZ	1.0	1.0	990	$1,613	$1.63	16d	1	0.96mi
12212 N Paradise Village Pkwy S Phoenix, AZ	1.0–2.0	1.0–2.0	1053	$3,800	$3.61	20d	3	0.96mi
12212 N Paradise Village Pkwy S Phoenix, AZ	1.0–2.0	1.0–2.0	1053	$3,800	$3.61	45d	4	0.96mi
12212 N Paradise Village Pkwy W Unit 412C Phoenix, AZ	1.0	1.0	850	$2,650	$3.12	45d	1	0.99mi
4106 E Sunnyside Dr Phoenix, AZ	2.0	2.0	1370	$2,695	$1.97	26d	1	1.01mi
12400 N Tatum Blvd Phoenix, AZ	1.0–3.0	1.0–3.0	1283	$3,860	$3.01	1d	29	1.06mi
4303 E Cactus Rd Phoenix, AZ	1.0	1.0	850	$2,428	$2.86	0d	5	1.11mi
4303 E Cactus Rd Phoenix, AZ	1.0–2.0	1.0	1025	$3,500	$3.41	23d	4	1.11mi
4303 E Cactus Rd #116 Phoenix, AZ	1.0	1.0	850	$3,500	$4.12	45d	1	1.12mi
4303 E Cactus Rd Unit 1546212P Phoenix, AZ	1.0	1.0	979	$1,717	$1.75	16d	1	1.12mi
12222 N Paradise Village Pkwy S Phoenix, AZ	1.0	1.0	867	$2,325	$2.68	0d	2	1.13mi
12222 N Paradise Village Pkwy S #402 Phoenix, AZ	1.0	1.0	850	$3,900	$4.59	45d	1	1.13mi
11023 N Saint Andrews Way Scottsdale, AZ	1.0	1.0	800	$1,750	$2.19	45d	1	1.22mi
4014 E Cortez St Phoenix, AZ	2.0	2.0	1302	$2,200	$1.69	23d	1	1.22mi
4150 E Cactus Rd #216 Phoenix, AZ	2.0	2.0	942	$2,500	$2.65	26d	1	1.27mi
4704 E Paradise Village Pkwy N Phoenix, AZ	1.0–2.0	1.0–2.0	910	$2,195	$2.41	1d	4	1.30mi
4704 E Paradise Village Pkwy N Phoenix, AZ	1.0–2.0	1.0–2.0	909	$2,500	$2.75	18d	4	1.30mi

HOA detail condo

• Monthly dues: $330 · $3,960/yr
• Likely covers: waterpoolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 41 events

1. 2026-06-21
   days on market $305,000 Active 188 DOM
2. 2026-06-18
   days on market $305,000 Active 185 DOM
3. 2026-06-17
   days on market $305,000 Active 184 DOM
4. 2026-06-16
   days on market $305,000 Active 183 DOM
5. 2026-06-15
   days on market $305,000 Active 182 DOM
6. 2026-06-13
   days on market $305,000 Active 180 DOM
7. 2026-06-09
   days on market $305,000 Active 176 DOM
8. 2026-06-08
   days on market $305,000 Active 175 DOM
9. 2026-06-07
   days on market $305,000 Active 174 DOM
10. 2026-06-04
    days on market $305,000 Active 171 DOM
11. 2026-06-03
    days on market $305,000 Active 170 DOM
12. 2026-06-02
    days on market $305,000 Active 169 DOM
13. 2026-06-01
    days on market $305,000 Active 168 DOM
14. 2026-05-31
    days on market $305,000 Active 167 DOM
15. 2026-03-18
    status Active 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

16. 2026-02-26
    status Pending 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

17. 2026-02-21
    price $305,000 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

18. 2026-01-21
    price $310,000 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

19. 2026-01-10
    price $315,000 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

20. 2025-12-30
    historical $1,870
21. 2025-12-28
    price $324,000 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

22. 2025-11-25
    price $329,000 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

23. 2025-11-25
    listed $32,900 Active 770-char remark

    Show marketing remark (770 chars)

    Enter to find living room w/vaulted ceilings flooded with natural light. The living room offers a cozy woodburning fireplace & open layout between kitchen, dining and living. Enjoy cooking & entertaining w/kitchen featuring waterfall quartz countertop & stainless steel appliances. Guest bath is a full bathroom. Inside stack laundry included. Step outside to not one, but 2private patios off bedrooms—ideal for morning coffee or evening unwinding. Up the stairs to the huge primary suite w/walk-in closet & a full bath. Stay cool year-round w/brand-new A/C unit & enjoy the comfort of ceiling fans throughout. Located just steps from scenic Stone Creek walking paths & Golf Course. Community pool, BBQs, fitness ctr & assigned parking

24. 2025-11-24
    historical
25. 2025-10-24
    price $1,870
26. 2025-10-22
    price $345,000
27. 2025-10-10
    listed $1,895
28. 2025-08-08
    price $350,000
29. 2025-07-27
    price $355,000
30. 2025-06-17
    price $360,000
31. 2025-06-04
    listed $365,000 Active
32. 2020-08-21
    soldstatus $246,000 Closed
33. 2020-08-20
    soldstatus $251,000
34. 2020-08-12
    historical Under Contract Accepting Backups
35. 2020-07-13
    status Pending
36. 2020-06-27
    listed $249,900 Active
37. 2018-07-11
    soldstatus $188,000 Closed
38. 2018-07-11
    soldstatus $188,000
39. 2018-06-12
    status Pending
40. 2018-06-12
    price $189,900
41. 2018-06-08
    listed $184,900 Active

ⓘ 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: $836 · $70/mo
• Projected year-2 tax: $2,013 · $168/mo
• Expected delta: +$1,177/yr (+$98/mo · 140.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥111°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,556
• − Mortgage interest: −$17,085
• − Property taxes: −$836
• − Insurance: −$1,525
• − Repairs & maintenance: −$2,204
• − Management: −$2,204
• − HOA: −$3,960
• − Depreciation: −$8,873
• Taxable loss: −$9,132
• Est. tax savings @ 24.0%: +$2,192
• After-tax cash flow: $-1,554/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 — Phoenix

• Score: 75/100
• State rank: #16
• US rank: #3924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Phoenix, AZ
• County: Maricopa County · 4,537,380 people
• City population: 1,500,198
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 45,558
• Household income: $123,203
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 1263.0

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 (76%)
• Race & ethnicity: White 76% Asian 9% Hispanic / Latino 9% Two or more races 8%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 4% Italian 4% Slovak 3%
• Foreign-born: 14% · Canada, Vietnam, China
• Languages at home: 85% English-only · Other Indo-European 6% Spanish 3% Other Asian/Pacific 3%

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: ▼ -544.56%
• Current HPI: 398.7261
• Rent YoY: ▲ 3.42%
• 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

+65.0% since first listed

27 events — show timeline

• 2026-03-18 Relisted — ARMLS
• 2026-02-26 Pending — ARMLS
• 2026-02-21 Price Changed $305,000 ARMLS
• 2026-01-21 Price Changed $310,000 ARMLS
• 2026-01-10 Price Changed $315,000 ARMLS
• 2025-12-30 Rental Removed $1,870 ARMLS
• 2025-12-28 Price Changed $324,000 ARMLS
• 2025-11-25 Price Changed $329,000 ARMLS
• 2025-11-25 Listed $32,900 ARMLS
• 2025-11-24 Listing Removed — ARMLS
• 2025-10-24 Price Changed $1,870 ARMLS
• 2025-10-22 Price Changed $345,000 ARMLS
• 2025-10-10 Listed for Rent $1,895 ARMLS
• 2025-08-08 Price Changed $350,000 ARMLS
• 2025-07-27 Price Changed $355,000 ARMLS
• 2025-06-17 Price Changed $360,000 ARMLS
• 2025-06-04 Listed $365,000 ARMLS
• 2020-08-21 Sold (MLS) $246,000 ARMLS
• 2020-08-20 Sold (Public Records) $251,000 Public Records
• 2020-08-12 Contingent — ARMLS
• 2020-07-13 Pending — ARMLS
• 2020-06-27 Listed $249,900 ARMLS
• 2018-07-11 Sold (Public Records) $188,000 Public Records
• 2018-07-11 Sold (MLS) $188,000 ARMLS
• 2018-06-12 Pending — ARMLS
• 2018-06-12 Price Changed $189,900 ARMLS
• 2018-06-08 Listed $184,900 ARMLS

Property tax history

-2.3%/yr

Latest (2025): $836 · +4.6% YoY. Source: county tax records.