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19777 N 76th St #2291
D+ Composite 49.7
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 +12.9/30.0
  • Appreciation +7.8/10.0
  • ARV discount +7.3/15.0
  • Livability +4.0/5.0
  • 1% rule +3.9/10.0
  • DSCR +3.9/10.0
  • Schools +3.8/10.0
  • Rent growth +3.6/5.0
  • Condition / age +2.5/5.0

$459,000

19777 N 76th St #2291 · Scottsdale, AZ 85255
3 bd · 2.0 ba · 1,326 sqft · Condo public records · 149 Days on market
Built 2000 $346/sqft · at area comps Est $457k · at est. $529/mo HOA · 13% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Venu at Grayhawk Welcome to this spacious condo in the highly sought after gated Venu at Grayhawk community, surrounded by stunning mountain views and natural desert beauty. The second level living space offers a bright, open floor plan with generously sized bedrooms, a well appointed kitchen, and a private balcony ideal for morning coffee or evening sunsets. The first level provides convenient access to a two car garage and laundry. Residents enjoy true resort style living with amenities that include a heated pool, spa, fitness center, 20 seat theater, game lounge, children's play area, and clubhouse. Whether you're looking for a primary residence, a lock and leave getaway, or an investment opportunity, this home checks every box.

Key facts

  • Gated community
  • Fitness center
  • 20 seat theater

Tags

GATED COMMUNITYMOUNTAIN VIEWSPRIVATE BALCONYHEATED POOLFITNESS CENTER20 SEAT THEATER

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath condo listed at $459k.

Deal economics

  • At list price, monthly cash flow is $-34 ($-412/yr) — negative.
  • To cash-flow at today's rent, offer at most $453k (1.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $410k (10.7% below list).
  • Recommended offer: $404k (12.0% below list) — sets the bar for market timing.
  • 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.
  • Market conditions: Rents rising fast (+4.4%/yr); 720 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 14d 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).
  • This rent runs 35% of the median local income ($141k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $29k of equity ($3k loan paydown + $26k 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 $129k 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 149 days — a 12% lower offer ($404k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 22y ago; this cycle's ask is 19474% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $263k; list at $459k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $403,920 (12.0% 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 149 days. Have you received any prior offers? Is the seller open to a 12% 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. 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?
  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
0.89%
Cap rate
6.20%
Cash-on-cash
-0.32%
DSCR
0.99
GRM
9.3

CMA / ARV

ARV (median comp)
$457,030
List price
$459,000
Delta
0.43%
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
14.8%
Equity multiple
1.98×
Total profit
$126,572
Equity at exit
$278,088
10-year hold
IRR
15.7%
Equity multiple
4.03×
Total profit
$389,875
Equity at exit
$495,510

Cash invested: $128,520 (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.

ZIP-level market 85255

Home prices YoY
1.7%
Rents YoY
4.4%
Active inventory
720
Price-to-rent
9.3×

Monthly cashflow live

Estimated rent
$4,101 high interval (Pro) →
Mortgage (P&I)
$2,407
Tax from tax record
$147 /mo · $1,762/yr
Insurance
$191
HOA
$529
Vacancy / Maint / Mgmt
$861
Net cashflow
$-34

Break-even live

Break-even rent $4,144
Max offer price $452,933
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
$114,750
Closing costs
$13,770
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 34 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19777 N 76th St Unit 1546393P Scottsdale, AZ 3.0 2.0 1323 $3,109 $2.35 7d 1 0.02mi
19777 N 76th St Scottsdale, AZ 2.0–3.0 2.0–3.5 1324 $6,000 $4.53 2d 16 0.08mi
19777 N 76th St Scottsdale, AZ 2.0–3.0 2.0–2.5 1293 $8,000 $6.19 43d 9 0.08mi
19777 N 76th St Scottsdale, AZ 2.0–3.0 2.0–3.5 1324 $5,000 $3.78 10d 19 0.08mi
20121 N 76th St #2003 Scottsdale, AZ 2.0 2.0 1322 $2,795 $2.11 2d 1 0.10mi
20121 N 76th St #2043 Scottsdale, AZ 2.0 2.0 1854 $3,550 $1.91 43d 1 0.10mi
20100 N 78th Pl Scottsdale, AZ 1.0–2.0 1.0–2.0 1043 $4,650 $4.46 4d 17 0.15mi
20100 N 78th Pl Scottsdale, AZ 2.0 2.0 1202 $3,925 $3.26 43d 5 0.15mi
20100 N 78th Pl Scottsdale, AZ 1.0–2.0 1.0–2.0 1043 $4,650 $4.46 20d 15 0.15mi
19700 N 76th St Scottsdale, AZ 2.0–3.0 2.0 1633 $6,500 $3.98 43d 7 0.15mi
19700 N 76th St Scottsdale, AZ 2.0–3.0 2.0 1633 $6,500 $3.98 4d 14 0.15mi
19700 N 76th St Unit 1546077P Scottsdale, AZ 2.0 2.0 1722 $3,226 $1.87 15d 1 0.28mi
7729 E Tailspin Ln Scottsdale, AZ 3.0 2.0 1634 $3,400 $2.08 7d 1 0.29mi
7340 E Legacy Blvd Scottsdale, AZ 1.0–3.0 1.0–2.0 1045 $2,395 $2.29 1d 22 0.43mi
7355 E Thompson Peak Pkwy Scottsdale, AZ 1.0–3.0 1.0–2.0 1045 $2,510 $2.40 5d 41 0.49mi
20458 N 78th Way Scottsdale, AZ 4.0 2.0 1834 $4,500 $2.45 24d 1 0.50mi
7789 E Journey Ln Scottsdale, AZ 3.0 2.0 1634 $4,700 $2.88 43d 1 0.54mi
20802 N Grayhawk Dr Scottsdale, AZ 2.0–3.0 2.5 2030 $8,000 $3.94 43d 4 0.88mi
7220 E Mayo Blvd Scottsdale, AZ 3.0 1.0–3.0 1418 $9,908 $6.98 2d 84 0.92mi
19550 N Grayhawk Dr Scottsdale, AZ 2.0–3.0 2.0–3.5 1814 $7,150 $3.94 43d 4 1.01mi
19550 N Grayhawk Dr Unit 1545664P Scottsdale, AZ 2.0 2.0 1313 $2,159 $1.64 14d 1 1.06mi
7435 E Rustling Pass Scottsdale, AZ 3.0 2.0 1804 $8,500 $4.71 43d 1 1.10mi
17777 N Scottsdale Rd Scottsdale, AZ 1.0–2.0 1.0–2.0 942 $3,399 $3.61 1d 26 1.19mi
21546 N 72nd Way Scottsdale, AZ 4.0 2.0 1677 $3,400 $2.03 43d 1 1.25mi
19475 N Grayhawk Dr Scottsdale, AZ 2.0–4.0 2.0–3.5 2155 $5,598 $2.60 43d 5 1.26mi
8122 E Theresa Dr Scottsdale, AZ 3.0 2.0 1854 $3,395 $1.83 43d 1 1.28mi
8146 E Theresa Dr Unit 1558647P Scottsdale, AZ 4.0 2.0 1851 $4,808 $2.60 7d 1 1.29mi
6800 E Mayo Blvd Phoenix, AZ 3.0 1.0–2.0 985 $2,709 $2.75 3d 19 1.36mi
7500 E Deer Valley Rd Scottsdale, AZ 3.0–4.0 2.5–3.0 2110 $2,300 $1.09 4d 2 1.37mi
20750 N 87th St Scottsdale, AZ 2.0–3.0 2.0–3.0 1930 $7,500 $3.89 21d 9 1.39mi
20750 N 87th St Scottsdale, AZ 2.0–3.0 2.0–3.0 1930 $7,500 $3.89 24d 8 1.39mi
8158 E Rita Dr Scottsdale, AZ 3.0 2.0 1854 $3,200 $1.73 7d 1 1.39mi
18440 N 68th St Phoenix, AZ 2.0 1.0–2.0 843 $2,215 $2.63 4d 64 1.47mi
7900 E Princess Dr Scottsdale, AZ 1.0–3.0 2.0 1336 $3,568 $2.67 1d 26 1.50mi

HOA detail condo

Monthly dues
$529 · $6,348/yr
Likely covers
poolgymsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 46 events

  1. 2026-06-15
    days on market $459,000 Active 149 DOM
  2. 2026-06-13
    days on market $459,000 Active 147 DOM
  3. 2026-06-13
    days on market $459,000 Active 146 DOM
  4. 2026-06-09
    days on market $459,000 Active 143 DOM
  5. 2026-06-08
    days on market $459,000 Active 142 DOM
  6. 2026-06-07
    days on market $459,000 Active 141 DOM
  7. 2026-06-04
    days on market $459,000 Active 138 DOM
  8. 2026-06-03
    days on market $459,000 Active 137 DOM
  9. 2026-06-02
    days on market $459,000 Active 136 DOM
  10. 2026-06-01
    days on market $459,000 Active 135 DOM
  11. 2026-05-31
    days on market $459,000 Active 134 DOM
  12. 2026-05-14
    historical $2,345
  13. 2026-05-10
    listed $2,345
  14. 2026-05-10
    historical $2,345
  15. 2026-05-09
    listed $2,345
  16. 2026-04-14
    price $469,000 749-char remark
    Show marketing remark (749 chars)

    The Venu at Grayhawk Welcome to this spacious condo in the highly sought after gated Venu at Grayhawk community, surrounded by stunning mountain views and natural desert beauty. The second level living space offers a bright, open floor plan with generously sized bedrooms, a well appointed kitchen, and a private balcony ideal for morning coffee or evening sunsets. The first level provides convenient access to a two car garage and laundry. Residents enjoy true resort style living with amenities that include a heated pool, spa, fitness center, 20 seat theater, game lounge, children's play area, and clubhouse. Whether you're looking for a primary residence, a lock and leave getaway, or an investment opportunity, this home checks every box.

  17. 2026-03-28
    price $478,000 749-char remark
    Show marketing remark (749 chars)

    The Venu at Grayhawk Welcome to this spacious condo in the highly sought after gated Venu at Grayhawk community, surrounded by stunning mountain views and natural desert beauty. The second level living space offers a bright, open floor plan with generously sized bedrooms, a well appointed kitchen, and a private balcony ideal for morning coffee or evening sunsets. The first level provides convenient access to a two car garage and laundry. Residents enjoy true resort style living with amenities that include a heated pool, spa, fitness center, 20 seat theater, game lounge, children's play area, and clubhouse. Whether you're looking for a primary residence, a lock and leave getaway, or an investment opportunity, this home checks every box.

  18. 2026-02-27
    price $488,000 749-char remark
    Show marketing remark (749 chars)

    The Venu at Grayhawk Welcome to this spacious condo in the highly sought after gated Venu at Grayhawk community, surrounded by stunning mountain views and natural desert beauty. The second level living space offers a bright, open floor plan with generously sized bedrooms, a well appointed kitchen, and a private balcony ideal for morning coffee or evening sunsets. The first level provides convenient access to a two car garage and laundry. Residents enjoy true resort style living with amenities that include a heated pool, spa, fitness center, 20 seat theater, game lounge, children's play area, and clubhouse. Whether you're looking for a primary residence, a lock and leave getaway, or an investment opportunity, this home checks every box.

  19. 2026-02-02
    price $499,900 749-char remark
    Show marketing remark (749 chars)

    The Venu at Grayhawk Welcome to this spacious condo in the highly sought after gated Venu at Grayhawk community, surrounded by stunning mountain views and natural desert beauty. The second level living space offers a bright, open floor plan with generously sized bedrooms, a well appointed kitchen, and a private balcony ideal for morning coffee or evening sunsets. The first level provides convenient access to a two car garage and laundry. Residents enjoy true resort style living with amenities that include a heated pool, spa, fitness center, 20 seat theater, game lounge, children's play area, and clubhouse. Whether you're looking for a primary residence, a lock and leave getaway, or an investment opportunity, this home checks every box.

  20. 2026-02-01
    price $509,900 749-char remark
    Show marketing remark (749 chars)

    The Venu at Grayhawk Welcome to this spacious condo in the highly sought after gated Venu at Grayhawk community, surrounded by stunning mountain views and natural desert beauty. The second level living space offers a bright, open floor plan with generously sized bedrooms, a well appointed kitchen, and a private balcony ideal for morning coffee or evening sunsets. The first level provides convenient access to a two car garage and laundry. Residents enjoy true resort style living with amenities that include a heated pool, spa, fitness center, 20 seat theater, game lounge, children's play area, and clubhouse. Whether you're looking for a primary residence, a lock and leave getaway, or an investment opportunity, this home checks every box.

  21. 2026-01-09
    listed $514,900 Active 749-char remark
    Show marketing remark (749 chars)

    The Venu at Grayhawk Welcome to this spacious condo in the highly sought after gated Venu at Grayhawk community, surrounded by stunning mountain views and natural desert beauty. The second level living space offers a bright, open floor plan with generously sized bedrooms, a well appointed kitchen, and a private balcony ideal for morning coffee or evening sunsets. The first level provides convenient access to a two car garage and laundry. Residents enjoy true resort style living with amenities that include a heated pool, spa, fitness center, 20 seat theater, game lounge, children's play area, and clubhouse. Whether you're looking for a primary residence, a lock and leave getaway, or an investment opportunity, this home checks every box.

  22. 2024-10-25
    historical $2,495
  23. 2024-10-21
    listed $2,495
  24. 2024-10-15
    historical $2,495
  25. 2024-10-15
    listed $2,495
  26. 2023-10-26
    historical $2,095
  27. 2023-10-22
    listed $2,095
  28. 2023-10-08
    historical $2,095
  29. 2023-10-03
    price $2,095
  30. 2023-09-20
    price $2,125
  31. 2023-09-16
    listed $2,145
  32. 2018-04-30
    soldstatus $263,000 Closed 655-char remark
    Show marketing remark (655 chars)

    Wonderful Community with Resort Style Living, 3 Bedroom, 2 Bath Condo with 2 Car Attached Garage, All Appliances including Microwave, Breakfast Bar, Neutral Carpet throughout, Perfect Location to Clubhouse & Both Pools, Fireplace in LR, Huge Private Patio, Pantry, Walk in Closet in Master, 9ft Ceilings, Laundry w Full Size Washer & Dryer, Storage Area. Edge/Venu Amenities: Concierge, Two Fitness Centers, 4 Resort Style Pools, 3 Hot Tubs, 2 Great Rooms, Business Center, WIFI, Gas Grills, Outdoor Fireplaces, 2 Clubhouse Game Rooms, 2 Movie Theaters, Resident Chef, Monthly Events & More. Buyer to Verify all Material Facts and Measurement.

  33. 2018-04-30
    soldstatus $263,000
    Show marketing remark (655 chars)

    Wonderful Community with Resort Style Living, 3 Bedroom, 2 Bath Condo with 2 Car Attached Garage, All Appliances including Microwave, Breakfast Bar, Neutral Carpet throughout, Perfect Location to Clubhouse & Both Pools, Fireplace in LR, Huge Private Patio, Pantry, Walk in Closet in Master, 9ft Ceilings, Laundry w Full Size Washer & Dryer, Storage Area. Edge/Venu Amenities: Concierge, Two Fitness Centers, 4 Resort Style Pools, 3 Hot Tubs, 2 Great Rooms, Business Center, WIFI, Gas Grills, Outdoor Fireplaces, 2 Clubhouse Game Rooms, 2 Movie Theaters, Resident Chef, Monthly Events & More. Buyer to Verify all Material Facts and Measurement.

  34. 2018-03-24
    historical Under Contract Accepting Backups 655-char remark
    Show marketing remark (655 chars)

    Wonderful Community with Resort Style Living, 3 Bedroom, 2 Bath Condo with 2 Car Attached Garage, All Appliances including Microwave, Breakfast Bar, Neutral Carpet throughout, Perfect Location to Clubhouse & Both Pools, Fireplace in LR, Huge Private Patio, Pantry, Walk in Closet in Master, 9ft Ceilings, Laundry w Full Size Washer & Dryer, Storage Area. Edge/Venu Amenities: Concierge, Two Fitness Centers, 4 Resort Style Pools, 3 Hot Tubs, 2 Great Rooms, Business Center, WIFI, Gas Grills, Outdoor Fireplaces, 2 Clubhouse Game Rooms, 2 Movie Theaters, Resident Chef, Monthly Events & More. Buyer to Verify all Material Facts and Measurement.

  35. 2018-03-10
    price $267,900 655-char remark
    Show marketing remark (655 chars)

    Wonderful Community with Resort Style Living, 3 Bedroom, 2 Bath Condo with 2 Car Attached Garage, All Appliances including Microwave, Breakfast Bar, Neutral Carpet throughout, Perfect Location to Clubhouse & Both Pools, Fireplace in LR, Huge Private Patio, Pantry, Walk in Closet in Master, 9ft Ceilings, Laundry w Full Size Washer & Dryer, Storage Area. Edge/Venu Amenities: Concierge, Two Fitness Centers, 4 Resort Style Pools, 3 Hot Tubs, 2 Great Rooms, Business Center, WIFI, Gas Grills, Outdoor Fireplaces, 2 Clubhouse Game Rooms, 2 Movie Theaters, Resident Chef, Monthly Events & More. Buyer to Verify all Material Facts and Measurement.

  36. 2018-02-03
    price $268,900 655-char remark
    Show marketing remark (655 chars)

    Wonderful Community with Resort Style Living, 3 Bedroom, 2 Bath Condo with 2 Car Attached Garage, All Appliances including Microwave, Breakfast Bar, Neutral Carpet throughout, Perfect Location to Clubhouse & Both Pools, Fireplace in LR, Huge Private Patio, Pantry, Walk in Closet in Master, 9ft Ceilings, Laundry w Full Size Washer & Dryer, Storage Area. Edge/Venu Amenities: Concierge, Two Fitness Centers, 4 Resort Style Pools, 3 Hot Tubs, 2 Great Rooms, Business Center, WIFI, Gas Grills, Outdoor Fireplaces, 2 Clubhouse Game Rooms, 2 Movie Theaters, Resident Chef, Monthly Events & More. Buyer to Verify all Material Facts and Measurement.

  37. 2018-01-07
    price $269,900 655-char remark
    Show marketing remark (655 chars)

    Wonderful Community with Resort Style Living, 3 Bedroom, 2 Bath Condo with 2 Car Attached Garage, All Appliances including Microwave, Breakfast Bar, Neutral Carpet throughout, Perfect Location to Clubhouse & Both Pools, Fireplace in LR, Huge Private Patio, Pantry, Walk in Closet in Master, 9ft Ceilings, Laundry w Full Size Washer & Dryer, Storage Area. Edge/Venu Amenities: Concierge, Two Fitness Centers, 4 Resort Style Pools, 3 Hot Tubs, 2 Great Rooms, Business Center, WIFI, Gas Grills, Outdoor Fireplaces, 2 Clubhouse Game Rooms, 2 Movie Theaters, Resident Chef, Monthly Events & More. Buyer to Verify all Material Facts and Measurement.

  38. 2017-12-03
    listed $274,900 Active 655-char remark
    Show marketing remark (655 chars)

    Wonderful Community with Resort Style Living, 3 Bedroom, 2 Bath Condo with 2 Car Attached Garage, All Appliances including Microwave, Breakfast Bar, Neutral Carpet throughout, Perfect Location to Clubhouse & Both Pools, Fireplace in LR, Huge Private Patio, Pantry, Walk in Closet in Master, 9ft Ceilings, Laundry w Full Size Washer & Dryer, Storage Area. Edge/Venu Amenities: Concierge, Two Fitness Centers, 4 Resort Style Pools, 3 Hot Tubs, 2 Great Rooms, Business Center, WIFI, Gas Grills, Outdoor Fireplaces, 2 Clubhouse Game Rooms, 2 Movie Theaters, Resident Chef, Monthly Events & More. Buyer to Verify all Material Facts and Measurement.

  39. 2006-05-26
    soldstatus $450,000
  40. 2006-05-17
    soldstatus $450,000
  41. 2006-04-27
    historical
  42. 2006-04-19
    historical
  43. 2006-04-17
    listed $450,000
  44. 2005-10-24
    listed $445,000
  45. 2004-06-09
    historical
  46. 2004-05-12
    listed $254,900

ⓘ 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
$1,762 · $147/mo
Projected year-2 tax
$3,029 · $252/mo
Expected delta
+$1,267/yr (+$106/mo · 71.9%)

ⓘ 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 · 19 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$49,212
− Mortgage interest
−$25,711
− Property taxes
−$1,762
− Insurance
−$2,295
− Repairs & maintenance
−$3,937
− Management
−$3,937
− HOA
−$6,348
− Depreciation
−$13,353
Taxable loss
−$8,131
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,951
After-tax cash flow
$1,539/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

Price history

-99.1% since first listed
35 events — show timeline
  • 2026-05-14 Rental Removed $2,345 ARMLS
  • 2026-05-10 Listed for Rent $2,345 ARMLS
  • 2026-05-10 Rental Removed $2,345 APPFOLIO
  • 2026-05-09 Listed for Rent $2,345 APPFOLIO
  • 2026-04-14 Price Changed $469,000 ARMLS
  • 2026-03-28 Price Changed $478,000 ARMLS
  • 2026-02-27 Price Changed $488,000 ARMLS
  • 2026-02-02 Price Changed $499,900 ARMLS
  • 2026-02-01 Price Changed $509,900 ARMLS
  • 2026-01-09 Listed $514,900 ARMLS
  • 2024-10-25 Rental Removed $2,495 APPFOLIO
  • 2024-10-21 Listed for Rent $2,495 APPFOLIO
  • 2024-10-15 Rental Removed $2,495 APPFOLIO
  • 2024-10-15 Listed for Rent $2,495 APPFOLIO
  • 2023-10-26 Rental Removed $2,095 LISTANZA
  • 2023-10-22 Listed for Rent $2,095 LISTANZA
  • 2023-10-08 Rental Removed $2,095 RENT.
  • 2023-10-03 Price Changed $2,095 RENT.
  • 2023-09-20 Price Changed $2,125 RENT.
  • 2023-09-16 Listed for Rent $2,145 RENT.
  • 2018-04-30 Sold (Public Records) $263,000 Public Records
  • 2018-04-30 Sold (MLS) $263,000 ARMLS
  • 2018-03-24 Contingent ARMLS
  • 2018-03-10 Price Changed $267,900 ARMLS
  • 2018-02-03 Price Changed $268,900 ARMLS
  • 2018-01-07 Price Changed $269,900 ARMLS
  • 2017-12-03 Listed $274,900 ARMLS
  • 2006-05-26 Sold (Public Records) $450,000 Public Records
  • 2006-05-17 Sold (MLS) $450,000 ARMLS
  • 2006-04-27 Listing Removed ARMLS
  • 2006-04-19 Listing Removed ARMLS
  • 2006-04-17 Listed $450,000 ARMLS
  • 2005-10-24 Listed $445,000 ARMLS
  • 2004-06-09 Listing Removed ARMLS
  • 2004-05-12 Listed $254,900 ARMLS

Property tax history

-0.3%/yr

Latest (2025): $1,762 · +2.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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