4630 N 68th St #265 · Scottsdale, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 8/10 · Major
- Hot days now (above 111°F)
- 6 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +22.2/30.0
- ARV discount +15.0/15.0
- DSCR +7.1/10.0
- 1% rule +7.0/10.0
- Schools +4.8/10.0
- Livability +4.0/5.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$225,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
Key facts
- Spacious floorplan
- Corner unit condo
- $450 HOA
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $225k.
Deal economics
- At list price, monthly cash flow is $365 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $225k).
- Recommended offer: $198k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.2% 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.
- 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); Ingleside Middle School (math 46% / reading 50%, grade C-, #35 of 218 statewide, top 16%, 777 students, 40% FRL); Arcadia High School (math 29% / reading 34%, grade F, #109 of 381 statewide, top 29%, 1,602 students, 30% FRL) — zoned schools at 25% FRL track the district average.
- Market conditions: Rents soft (-1.6%/yr); 584 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
- This rent runs 35% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 408 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $64k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $27k; list at $225k implies a 729% gain — meaningful room to come down on a strong offer.
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.
Questions for the listing agent
- It's been on market 408 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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 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
- 1.20% ✓
- Cap rate
- 8.24%
- Cash-on-cash
- 6.95%
- DSCR
- 1.31
- GRM
- 6.9
CMA / ARV
- ARV (median comp)
- $294,543
- List price
- $225,000
- Delta
- -23.61%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -9.4%
- Equity multiple
- 0.67×
- Total profit
- $-20,951
- Equity at exit
- $33,548
- IRR
- -5.2%
- Equity multiple
- 0.71×
- Total profit
- $-18,189
- Equity at exit
- $19,454
Cash invested: $63,000 (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
ZIP-level market 85251
- Rents YoY
- -1.6%
- Active inventory
- 584
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $2,700 high interval (Pro) →
- Mortgage (P&I)
- −$1,180
- Tax from tax record
- −$44 /mo · $531/yr
- Insurance
- −$94
- HOA
- −$450
- Vacancy / Maint / Mgmt
- −$567
- Net cashflow
- $365
Break-even live
Sensitivity live
| Price | -10% $492 | -5% $429 | +0% $365 | +5% $301 | +10% $238 |
|---|---|---|---|---|---|
| Rent | -10% $152 | -5% $258 | +0% $365 | +5% $472 | +10% $578 |
| Rate | -1.0pp $478 | -0.5pp $422 | base $365 | +0.5pp $307 | +1.0pp $247 |
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
- $56,250
- Closing costs
- $6,750
- 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 |
|---|---|---|---|---|---|---|---|---|
| 4630 N 68th St Scottsdale, AZ | 2.0 | 1.5 | 986 | $2,650 | $2.69 | 45d | 2 | 0.01mi |
| 4630 N 68th St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 861 | $3,200 | $3.72 | 15d | 5 | 0.01mi |
| 4630 N 68th St Scottsdale, AZ | 2.0 | 1.5–2.0 | 1003 | $2,500 | $2.49 | 16d | 5 | 0.01mi |
| 4630 N 68th St Scottsdale, AZ | 2.0 | 1.5–2.0 | 1003 | $2,525 | $2.52 | 16d | 4 | 0.01mi |
| 4630 N 68th St Unit 1558632P Scottsdale, AZ | 1.0 | 1.0 | 699 | $1,781 | $2.55 | 4d | 1 | 0.03mi |
| 4610 N 68th St Scottsdale, AZ | 2.0 | 1.5 | 986 | $4,118 | $4.18 | 4d | 2 | 0.05mi |
| 4610 N 68th St Scottsdale, AZ | 2.0–3.0 | 1.5–2.0 | 1136 | $1,900 | $1.67 | 26d | 3 | 0.05mi |
| 4620 N 68th St Unit 1558662P Scottsdale, AZ | 2.0 | 1.5 | 947 | $2,072 | $2.19 | 1d | 1 | 0.06mi |
| 4620 N 68th St Unit 1558641P Scottsdale, AZ | 2.0 | 1.5 | 968 | $2,323 | $2.40 | 15d | 1 | 0.06mi |
| 4701 N 68th St Scottsdale, AZ | 2.0 | 1.5–2.0 | 1079 | $3,000 | $2.78 | 26d | 4 | 0.11mi |
| 4701 N 68th St Scottsdale, AZ | 2.0 | 1.5–2.0 | 1079 | $3,000 | $2.78 | 19d | 5 | 0.11mi |
| 4610 N 68th St #479 Scottsdale, AZ | 2.0 | 1.5 | 986 | $6,500 | $6.59 | 45d | 1 | 0.11mi |
| 4610 N 68th St Unit 1558642P Scottsdale, AZ | 2.0 | 2.0 | 1097 | $2,014 | $1.84 | 4d | 1 | 0.11mi |
| 4800 N 68th St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 1098 | $3,500 | $3.19 | 45d | 2 | 0.11mi |
| 4800 N 68th St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 1124 | $5,500 | $4.89 | 4d | 5 | 0.11mi |
| 4600 N 68th St Unit 1558658P Scottsdale, AZ | 2.0 | 1.5 | 979 | $2,044 | $2.09 | 14d | 1 | 0.11mi |
| 4600 N 68th St Unit 1558683P Scottsdale, AZ | 2.0 | 1.5 | 979 | $1,997 | $2.04 | 7d | 1 | 0.11mi |
| 4600 N 68th St Scottsdale, AZ | 1.0–2.0 | 1.0–1.5 | 843 | $6,000 | $7.11 | 45d | 4 | 0.11mi |
| 4600 N 68th St Scottsdale, AZ | 1.0–2.0 | 1.0–1.5 | 844 | $6,000 | $7.11 | 26d | 4 | 0.11mi |
| 4600 N 68th St Scottsdale, AZ | 1.0–2.0 | 1.0–1.5 | 844 | $6,000 | $7.11 | 12d | 3 | 0.11mi |
| 6895 E Camelback Rd Scottsdale, AZ | 3.0 | 1.0–3.0 | 1279 | $5,294 | $4.14 | 0d | 60 | 0.33mi |
| 7117 E Rancho Vista Dr #2004 Scottsdale, AZ | 2.0 | 2.0 | 1066 | $3,699 | $3.47 | 45d | 1 | 0.39mi |
| 7117 E Rancho Vista Dr #3003 Scottsdale, AZ | 1.0 | 1.0 | 889 | $2,695 | $3.03 | 20d | 1 | 0.39mi |
| 7121 E Rancho Vista Dr #2009 Scottsdale, AZ | 1.0 | 1.5 | 956 | $1,900 | $1.99 | 20d | 1 | 0.42mi |
| 4848 N Goldwater Blvd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 916 | $2,829 | $3.09 | 1d | 37 | 0.42mi |
| 7131 E Rancho Vista Dr #5002 Scottsdale, AZ | 2.0 | 2.0 | 1062 | $2,999 | $2.82 | 45d | 1 | 0.44mi |
| 7137 E Rancho Vista Dr Unit 1008 Scottsdale, AZ | 1.0 | 1.0 | 702 | $3,500 | $4.99 | 1d | 1 | 0.45mi |
| 7137 E Rancho Vista Dr Scottsdale, AZ | 2.0 | 2.0 | 1097 | $3,195 | $2.91 | 4d | 1 | 0.46mi |
| 7137 E Rancho Vista Dr Scottsdale, AZ | 1.0 | 1.0 | 780 | $2,400 | $3.08 | 45d | 1 | 0.46mi |
| 7137 E Rancho Vista Dr #2004 Scottsdale, AZ | 2.0 | 2.0 | 1097 | $3,195 | $2.91 | 7d | 1 | 0.46mi |
| 7137 E Rancho Vista Dr #2009 Scottsdale, AZ | 1.0 | 1.5 | 952 | $2,850 | $2.99 | 22d | 1 | 0.46mi |
| 7147 E Rancho Vista Dr #4009 Scottsdale, AZ | 1.0 | 1.5 | 930 | $2,795 | $3.01 | 26d | 1 | 0.48mi |
| 7141 E Rancho Vista Dr #3011 Scottsdale, AZ | 1.0 | 1.5 | 968 | $4,500 | $4.65 | 45d | 1 | 0.49mi |
| 7151 E Rancho Vista Dr #6009 Scottsdale, AZ | 1.0 | 1.5 | 930 | $2,850 | $3.06 | 45d | 1 | 0.52mi |
| 7151 E Rancho Vista Dr #5004 Scottsdale, AZ | 2.0 | 2.0 | 1055 | $3,500 | $3.32 | 9d | 1 | 0.52mi |
| 7157 E Rancho Vista Dr #3011 Scottsdale, AZ | 1.0 | 1.5 | 952 | $4,500 | $4.73 | 45d | 1 | 0.52mi |
| 7157 E Rancho Vista Dr #5011 Scottsdale, AZ | 1.0 | 1.5 | 952 | $3,500 | $3.68 | 7d | 1 | 0.52mi |
| 7025 E Via Soleri Dr Scottsdale, AZ | 2.0 | 1.0–2.0 | 928 | $4,799 | $5.17 | 1d | 17 | 0.54mi |
| 7025 E Via Soleri Dr Scottsdale, AZ | 1.0 | 2.0 | 758 | $2,995 | $3.95 | 45d | 1 | 0.54mi |
| 7161 E Rancho Vista Dr #1003 Scottsdale, AZ | 1.0 | 1.0 | 1046 | $5,500 | $5.26 | 0d | 1 | 0.57mi |
HOA detail condo
- Monthly dues
- $450 · $5,400/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 25 events
-
2026-06-21days on market $225,000 Active 408 DOM
-
2026-06-18days on market $225,000 Active 405 DOM
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2026-06-17days on market $225,000 Active 404 DOM
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2026-06-16days on market $225,000 Active 403 DOM
-
2026-06-15days on market $225,000 Active 402 DOM
-
2026-06-13pricedays on market $225,000 Active 400 DOM
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2026-06-09days on market $235,000 Active 396 DOM
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2026-06-08days on market $235,000 Active 395 DOM
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2026-06-07days on market $235,000 Active 394 DOM
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2026-06-04days on market $235,000 Active 391 DOM
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2026-06-03days on market $235,000 Active 390 DOM
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2026-06-02days on market $235,000 Active 389 DOM
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2026-06-01days on market $235,000 Active 388 DOM
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2026-05-31days on market $235,000 Active 387 DOM
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2026-05-06historical Under Contract Accepting Backups 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
-
2026-03-10price $235,000 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
-
2026-01-03price $260,000 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
-
2025-08-13status Active 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
-
2025-08-11historical Under Contract Accepting Backups 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
-
2025-08-07status Active 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
-
2025-07-26historical 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
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2025-07-03price $284,500 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
-
2025-04-26$289,000 Active 953-char remark
Show marketing remark (953 chars)
Welcome to central Old Town Scottsdale living in this 2-bedroom, 2-bath corner unit townhome located in the desirable Camelback House community, offering a flexible two-level floorplan ideal for full-time living, a seasonal lock-and-leave, or an investment property. Situated directly across from Scottsdale Fashion Square, this home provides easy access to Old Town Scottsdale shopping, dining, entertainment, nightlife, and nearby hiking and biking trails, including Camelback Mountain. The community features a resort-style pool, spa, clubhouse, and professionally managed HOA, and the unit includes covered parking, North/South exposure, end-unit privacy, and is offered fully furnished. A motivated seller makes this a rare opportunity to own low-maintenance Scottsdale real estate in one of th the city's most walkable and convenient locations; buyer to verify all facts, figures, and measurements. Motivated Seller please bring reasonable offers
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1987-02-06soldstatus $27,126
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1983-05-01soldstatus $65,000
ⓘ 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
- $531 · $44/mo
- Projected year-2 tax
- $1,485 · $124/mo
- Expected delta
- +$954/yr (+$79/mo · 179.4%)
ⓘ 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $32,400
- − Mortgage interest
- −$12,603
- − Property taxes
- −$531
- − Insurance
- −$1,125
- − Repairs & maintenance
- −$2,592
- − Management
- −$2,592
- − HOA
- −$5,400
- − Depreciation
- −$6,545
- Taxable income
- $1,011
- Est. tax owed @ 24.0%
- −$243
- After-tax cash flow
- $4,138/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
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)
- 40,780
- Household income
- $92,851
- Rent vs Own
- Severe rent burden
- 2259.0
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 (77%)
- Race & ethnicity
- White 77% Hispanic / Latino 14% Two or more races 10% Asian 2% Black 2%
- Hispanic origin (detail)
- Mexican 11%
- Common ancestry
- Italian 5% Romanian 3% Portuguese 3%
- Foreign-born
- 9% · Canada
- Languages at home
- 88% English-only · Spanish 7% Other Indo-European 2% French/Haitian/Cajun 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
- ▼ -672.80%
- Current HPI
- 372.433
- Rent YoY
- ▼ -1.58%
- 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 |
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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
+261.5% since first listed11 events — show timeline
- 2026-05-06 Contingent — ARMLS
- 2026-03-10 Price Changed $235,000 ARMLS
- 2026-01-03 Price Changed $260,000 ARMLS
- 2025-08-13 Relisted — ARMLS
- 2025-08-11 Contingent — ARMLS
- 2025-08-07 Relisted — ARMLS
- 2025-07-26 Listing Removed — ARMLS
- 2025-07-03 Price Changed $284,500 ARMLS
- 2025-04-26 Listed $289,000 ARMLS
- 1987-02-06 Sold (Public Records) $27,126 Public Records
- 1983-05-01 Sold (Public Records) $65,000 Public Records
Property tax history
-2.5%/yrLatest (2025): $531 · +4.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…