7275 N Scottsdale Rd #1017 · Scottsdale, AZ 85253

$1,150,000

4 bd · 5.0 ba · 3,047 sqft · Condo public records · 155 Days on market

Built 2009 $377/sqft · 6% below area Est $1218k · 6% under $644/mo HOA · 10% 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 +10.0/15.0
• Appreciation +10.0/10.0
• Cash flow +5.6/30.0
• Schools +4.8/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• 1% rule +0.6/10.0
• DSCR +0.0/10.0

Listing remarks MLS

HUGE PRICE DROP! This exceptional three-level residence delivers refined luxury living with unobstructed golf course & mountain views that create a striking sense of openness & privacy. Light-filled interiors are enhanced by travertine flooring, multiple balconies, & a private elevator that provides seamless access to each level. Thoughtfully designed for both everyday comfort & elevated entertaining, the open gourmet kitchen features Viking appliances, gas cooking, a generous island, & designer finishes throughout, all integrated with a Crestron smart home system for effortless control. The flexible floor plan includes four bedrooms & three and a half baths, highlighted by a first-floor guest suite with its own private entrance &full bath—ideal for visitors or multigenerational living. The primary suite is a true retreat, offering blackout shades, a private balcony, dual closets, and distinctive custom leather flooring. A two-car garage with EV charging adds modern convenience, while gated front door access and a secure community setting provide peace of mind. Located within the prestigious Artesia community, residents enjoy access to a resort-style pool, spa, fitness center, ramadas, and a sprawling ten-acre park adjacent to McCormick Ranch Golf Club. The setting is unmatched, with McCormick Train Park just across the street and the ability to walk to dining and shopping. Perfectly positioned in the heart of Paradise Valley and Scottsdale, this home offers immediate access to freeways, premier shopping, renowned restaurants, and year-round events an extraordinary opportunity to experience luxury living in one of the area's most coveted locations.

Key facts

• $644 HOA
• 2 garage spots
• Community pool

What this means for you Summary

Snapshot

• This is a 4-bed/5.0-bath condo listed at $1.15M.

Deal economics

• At list price, monthly cash flow is $-2k ($-29k/yr) — negative.
• To cash-flow at today's rent, offer at most $725k (36.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $644k (44.0% below list).
• Recommended offer: $644k (44.0% below list) — sets the bar for 1% rule.
• Cap rate 3.8% 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); Mohave Middle School (math 45% / reading 48%, grade D+, #43 of 218 statewide, top 20%, 799 students, 31% FRL); Saguaro High School (math 37% / reading 41%, grade F, #78 of 381 statewide, top 20%, 1,466 students, 25% FRL) — zoned schools at 20% FRL track the district average.
• Market conditions: Rents rising fast (+8.6%/yr); 356 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• This rent runs 42% of the median local income ($185k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $123k of equity ($8k loan paydown + $115k appreciation (10.0% local appreciation)).
• Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$198k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 155 days — a 12% lower offer ($1.01M) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $200k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $644,174 (44.0% 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 155 days. Have you received any prior offers? Is the seller open to a 44% 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: 0.56% ✗
• Cap rate: 3.78%
• Cash-on-cash: -8.96%
• DSCR: 0.60
• GRM: 14.9

CMA / ARV

• ARV (median comp): $1,217,667
• List price: $1,150,000
• Delta: -5.56%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 19.1%
• Equity multiple: 2.57×
• Total profit: $507,098
• Equity at exit: $1,036,011

10-year hold

• IRR: 18.6%
• Equity multiple: 6.27×
• Total profit: $1,697,678
• Equity at exit: $2,234,197

Cash invested: $322,000 (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 85253

• Home prices YoY: 4.2%
• Rents YoY: 8.6%
• Active inventory: 356
• Price-to-rent: 14.9×

Monthly cashflow live

• Estimated rent: $6,442 high
• Mortgage (P&I): −$6,031
• Tax from tax record: −$339 /mo · $4,064/yr
• Insurance: −$479
• HOA: −$644
• Vacancy / Maint / Mgmt: −$1,353
• Net cashflow: $-2,404

Break-even live

Break-even rent $9,484

Max offer price $725,403

Occupancy floor —

Sensitivity live

Price	-10% $-1,753	-5% $-2,078	+0% $-2,404	+5% $-2,729	+10% $-3,055
Rent	-10% $-2,912	-5% $-2,658	+0% $-2,404	+5% $-2,149	+10% $-1,895
Rate	-1.0pp $-1,824	-0.5pp $-2,111	base $-2,404	+0.5pp $-2,702	+1.0pp $-3,005

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: $287,500
• Closing costs: $34,500
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7275 N Scottsdale Rd #1019 Paradise Valley, AZ	4.0	3.5	3062	$6,800	$2.22	45d	1	0.00mi
7401 N Scottsdale Rd Paradise Valley, AZ	3.0	2.0–2.5	1930	$2,898	$1.50	26d	2	0.23mi
7614 E Gila Bend Rd Scottsdale, AZ	3.0	3.0	2608	$6,900	$2.65	45d	1	0.41mi
6842 N 72nd Pl Scottsdale, AZ	3.0	2.0	2300	$7,500	$3.26	45d	1	0.47mi
6834 N 72nd Pl Scottsdale, AZ	3.0	2.0	2300	$8,500	$3.70	45d	1	0.49mi
6834 N 72nd Pl Scottsdale, AZ	3.0	2.0	2300	$7,500	$3.26	0d	1	0.49mi
6587 N Palmeraie Blvd Paradise Valley, AZ	3.0	4.0	3202	$25,000	$7.81	45d	1	0.66mi
6587 N Palmeraie Blvd #3022 Paradise Valley, AZ	3.0	3.5	3202	$25,000	$7.81	9d	1	0.66mi
7322 E Sierra Vista Dr Scottsdale, AZ	3.0	4.0	2854	$10,500	$3.68	45d	1	0.72mi
6333 N Scottsdale Rd Unit 22 Scottsdale, AZ	3.0	3.5	2892	$9,000	$3.11	26d	1	0.86mi
7500 N Via Camello del Sur Scottsdale, AZ	3.0	2.0	2295	$4,500	$1.96	45d	1	0.89mi
6311 N 74th St Scottsdale, AZ	5.0	3.0	3100	$4,995	$1.61	5d	1	0.95mi
7620 E Via del Placito Scottsdale, AZ	4.0	2.5	2829	$18,000	$6.36	45d	1	0.96mi
7285 E Las Palmaritas Dr Scottsdale, AZ	3.0	2.5	2586	$7,500	$2.90	24d	1	1.04mi
7330 E Las Palmaritas Dr Scottsdale, AZ	3.0	3.5	2700	$10,000	$3.70	24d	1	1.07mi
7176 N Via de Amigos Scottsdale, AZ	4.0	2.5	2789	$4,200	$1.51	20d	1	1.08mi
7176 N Via de Amigos Scottsdale, AZ	4.0	3.0	2697	$4,200	$1.56	14d	1	1.08mi
8144 E Via de Viva Scottsdale, AZ	3.0	2.0	2295	$7,500	$3.27	45d	1	1.11mi
7638 E Via de Lindo Scottsdale, AZ	3.0	2.0	2248	$9,000	$4.00	45d	1	1.15mi
7278 E Echo Ln Scottsdale, AZ	3.0	2.5	2925	$9,500	$3.25	26d	1	1.18mi
7974 E Via Campo Scottsdale, AZ	4.0	3.0	2852	$6,450	$2.26	45d	1	1.19mi
8012 E Via Campo Scottsdale, AZ	4.0	2.0	2430	$3,950	$1.63	45d	1	1.21mi
7459 E Pleasant Run Scottsdale, AZ	3.0	2.5	2959	$4,250	$1.44	26d	1	1.22mi
8342 E Via de Dorado Scottsdale, AZ	4.0	2.0	2271	$4,100	$1.81	19d	1	1.26mi
8360 E Via de Dorado Scottsdale, AZ	4.0	2.0	2590	$7,800	$3.01	45d	1	1.31mi
8361 E Via de Encanto Scottsdale, AZ	4.0	2.5	2320	$12,000	$5.17	45d	1	1.32mi
6020 N 77th Pl Scottsdale, AZ	4.0	3.0	3000	$7,995	$2.67	45d	1	1.32mi
7702 E Pleasant Run Scottsdale, AZ	3.0	2.5	2688	$9,000	$3.35	45d	1	1.33mi
7271 E San Alfredo Dr Scottsdale, AZ	3.0	3.0	2217	$4,450	$2.01	45d	1	1.37mi
8176 E Del Barquero Dr Scottsdale, AZ	5.0	3.5	3733	$13,900	$3.72	26d	1	1.38mi
7566 E Sundown Ct Scottsdale, AZ	4.0	4.5	3883	$29,995	$7.72	45d	1	1.40mi
7598 E Pleasant Run Scottsdale, AZ	3.0	4.5	2670	$5,280	$1.98	45d	1	1.42mi
8512 E Via de la Escuela Scottsdale, AZ	3.0	2.0	2270	$4,800	$2.11	5d	1	1.46mi
5998 N 78th St Scottsdale, AZ	2.0–3.0	2.0	1852	$3,250	$1.75	9d	2	1.47mi

HOA detail condo

• Monthly dues: $644 · $7,728/yr
• Likely covers: gaspoolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 23 events

1. 2026-06-13
   statusdays on market $1,150,000 Pending 155 DOM
2. 2026-06-13
   days on market $1,150,000 Active 154 DOM
3. 2026-06-09
   pricedays on market $1,150,000 Active 151 DOM
4. 2026-06-08
   days on market $1,275,000 Active 150 DOM
5. 2026-06-07
   days on market $1,275,000 Active 149 DOM
6. 2026-06-04
   days on market $1,275,000 Active 146 DOM
7. 2026-06-03
   days on market $1,275,000 Active 145 DOM
8. 2026-06-02
   days on market $1,275,000 Active 144 DOM
9. 2026-06-01
   days on market $1,275,000 Active 143 DOM
10. 2026-05-31
    days on market $1,275,000 Active 142 DOM
11. 2026-02-17
    price $1,275,000 1710-char remark

    Show marketing remark (1710 chars)

    HUGE PRICE DROP! This exceptional three-level residence delivers refined luxury living with unobstructed golf course & mountain views that create a striking sense of openness & privacy. Light-filled interiors are enhanced by travertine flooring, multiple balconies, & a private elevator that provides seamless access to each level. Thoughtfully designed for both everyday comfort & elevated entertaining, the open gourmet kitchen features Viking appliances, gas cooking, a generous island, & designer finishes throughout, all integrated with a Crestron smart home system for effortless control. The flexible floor plan includes four bedrooms & three and a half baths, highlighted by a first-floor guest suite with its own private entrance &full bath—ideal for visitors or multigenerational living. The primary suite is a true retreat, offering blackout shades, a private balcony, dual closets, and distinctive custom leather flooring. A two-car garage with EV charging adds modern convenience, while gated front door access and a secure community setting provide peace of mind. Located within the prestigious Artesia community, residents enjoy access to a resort-style pool, spa, fitness center, ramadas, and a sprawling ten-acre park adjacent to McCormick Ranch Golf Club. The setting is unmatched, with McCormick Train Park just across the street and the ability to walk to dining and shopping. Perfectly positioned in the heart of Paradise Valley and Scottsdale, this home offers immediate access to freeways, premier shopping, renowned restaurants, and year-round events an extraordinary opportunity to experience luxury living in one of the area's most coveted locations.

12. 2026-01-22
    status Active 1710-char remark

    Show marketing remark (1710 chars)

    HUGE PRICE DROP! This exceptional three-level residence delivers refined luxury living with unobstructed golf course & mountain views that create a striking sense of openness & privacy. Light-filled interiors are enhanced by travertine flooring, multiple balconies, & a private elevator that provides seamless access to each level. Thoughtfully designed for both everyday comfort & elevated entertaining, the open gourmet kitchen features Viking appliances, gas cooking, a generous island, & designer finishes throughout, all integrated with a Crestron smart home system for effortless control. The flexible floor plan includes four bedrooms & three and a half baths, highlighted by a first-floor guest suite with its own private entrance &full bath—ideal for visitors or multigenerational living. The primary suite is a true retreat, offering blackout shades, a private balcony, dual closets, and distinctive custom leather flooring. A two-car garage with EV charging adds modern convenience, while gated front door access and a secure community setting provide peace of mind. Located within the prestigious Artesia community, residents enjoy access to a resort-style pool, spa, fitness center, ramadas, and a sprawling ten-acre park adjacent to McCormick Ranch Golf Club. The setting is unmatched, with McCormick Train Park just across the street and the ability to walk to dining and shopping. Perfectly positioned in the heart of Paradise Valley and Scottsdale, this home offers immediate access to freeways, premier shopping, renowned restaurants, and year-round events an extraordinary opportunity to experience luxury living in one of the area's most coveted locations.

13. 2026-01-14
    historical Under Contract Accepting Backups 1710-char remark

    Show marketing remark (1710 chars)

    HUGE PRICE DROP! This exceptional three-level residence delivers refined luxury living with unobstructed golf course & mountain views that create a striking sense of openness & privacy. Light-filled interiors are enhanced by travertine flooring, multiple balconies, & a private elevator that provides seamless access to each level. Thoughtfully designed for both everyday comfort & elevated entertaining, the open gourmet kitchen features Viking appliances, gas cooking, a generous island, & designer finishes throughout, all integrated with a Crestron smart home system for effortless control. The flexible floor plan includes four bedrooms & three and a half baths, highlighted by a first-floor guest suite with its own private entrance &full bath—ideal for visitors or multigenerational living. The primary suite is a true retreat, offering blackout shades, a private balcony, dual closets, and distinctive custom leather flooring. A two-car garage with EV charging adds modern convenience, while gated front door access and a secure community setting provide peace of mind. Located within the prestigious Artesia community, residents enjoy access to a resort-style pool, spa, fitness center, ramadas, and a sprawling ten-acre park adjacent to McCormick Ranch Golf Club. The setting is unmatched, with McCormick Train Park just across the street and the ability to walk to dining and shopping. Perfectly positioned in the heart of Paradise Valley and Scottsdale, this home offers immediate access to freeways, premier shopping, renowned restaurants, and year-round events an extraordinary opportunity to experience luxury living in one of the area's most coveted locations.

14. 2026-01-09
    listed $1,350,000 Active 1710-char remark

    Show marketing remark (1710 chars)

    HUGE PRICE DROP! This exceptional three-level residence delivers refined luxury living with unobstructed golf course & mountain views that create a striking sense of openness & privacy. Light-filled interiors are enhanced by travertine flooring, multiple balconies, & a private elevator that provides seamless access to each level. Thoughtfully designed for both everyday comfort & elevated entertaining, the open gourmet kitchen features Viking appliances, gas cooking, a generous island, & designer finishes throughout, all integrated with a Crestron smart home system for effortless control. The flexible floor plan includes four bedrooms & three and a half baths, highlighted by a first-floor guest suite with its own private entrance &full bath—ideal for visitors or multigenerational living. The primary suite is a true retreat, offering blackout shades, a private balcony, dual closets, and distinctive custom leather flooring. A two-car garage with EV charging adds modern convenience, while gated front door access and a secure community setting provide peace of mind. Located within the prestigious Artesia community, residents enjoy access to a resort-style pool, spa, fitness center, ramadas, and a sprawling ten-acre park adjacent to McCormick Ranch Golf Club. The setting is unmatched, with McCormick Train Park just across the street and the ability to walk to dining and shopping. Perfectly positioned in the heart of Paradise Valley and Scottsdale, this home offers immediate access to freeways, premier shopping, renowned restaurants, and year-round events an extraordinary opportunity to experience luxury living in one of the area's most coveted locations.

15. 2026-01-08
    historical $1,350,000 1710-char remark

    Show marketing remark (1710 chars)

    HUGE PRICE DROP! This exceptional three-level residence delivers refined luxury living with unobstructed golf course & mountain views that create a striking sense of openness & privacy. Light-filled interiors are enhanced by travertine flooring, multiple balconies, & a private elevator that provides seamless access to each level. Thoughtfully designed for both everyday comfort & elevated entertaining, the open gourmet kitchen features Viking appliances, gas cooking, a generous island, & designer finishes throughout, all integrated with a Crestron smart home system for effortless control. The flexible floor plan includes four bedrooms & three and a half baths, highlighted by a first-floor guest suite with its own private entrance &full bath—ideal for visitors or multigenerational living. The primary suite is a true retreat, offering blackout shades, a private balcony, dual closets, and distinctive custom leather flooring. A two-car garage with EV charging adds modern convenience, while gated front door access and a secure community setting provide peace of mind. Located within the prestigious Artesia community, residents enjoy access to a resort-style pool, spa, fitness center, ramadas, and a sprawling ten-acre park adjacent to McCormick Ranch Golf Club. The setting is unmatched, with McCormick Train Park just across the street and the ability to walk to dining and shopping. Perfectly positioned in the heart of Paradise Valley and Scottsdale, this home offers immediate access to freeways, premier shopping, renowned restaurants, and year-round events an extraordinary opportunity to experience luxury living in one of the area's most coveted locations.

16. 2021-01-07
    soldstatus $21,500,000
17. 2018-03-25
    listed $844,900 Active 812-char remark

    Show marketing remark (812 chars)

    This Crestron Smart home truly has it all! Private elevator along with floor to ceiling designer finishes makes this home move-in ready. First floor guest suite with separate exit is perfect for company or quiet office. The chef's kitchen features Viking appliances- gas range, BI microwave, 48'' fridge and wine fridge, slab granite island & travertine floors. Master bedroom features motorized black-out shades, private balcony, 2 closets & custom leather floors. The location is within easy walking distance to shopping restaurants, walking/bike trails, golf courses and transportation. Community features a private 10 acre park adjacent to McCormick Ranch Golf Club, pool, spa and ramadas. Courtyard on ground floor & multiple balconies on second and third floor. Seller will consider financing.

18. 2018-03-24
    soldstatus $860,000 Closed 812-char remark

    Show marketing remark (812 chars)

    This Crestron Smart home truly has it all! Private elevator along with floor to ceiling designer finishes makes this home move-in ready. First floor guest suite with separate exit is perfect for company or quiet office. The chef's kitchen features Viking appliances- gas range, BI microwave, 48'' fridge and wine fridge, slab granite island & travertine floors. Master bedroom features motorized black-out shades, private balcony, 2 closets & custom leather floors. The location is within easy walking distance to shopping restaurants, walking/bike trails, golf courses and transportation. Community features a private 10 acre park adjacent to McCormick Ranch Golf Club, pool, spa and ramadas. Courtyard on ground floor & multiple balconies on second and third floor. Seller will consider financing.

19. 2018-03-16
    soldstatus $860,000 Closed 812-char remark

    Show marketing remark (812 chars)

    This Crestron Smart home truly has it all! Private elevator along with floor to ceiling designer finishes makes this home move-in ready. First floor guest suite with separate exit is perfect for company or quiet office. The chef's kitchen features Viking appliances- gas range, BI microwave, 48'' fridge and wine fridge, slab granite island & travertine floors. Master bedroom features motorized black-out shades, private balcony, 2 closets & custom leather floors. The location is within easy walking distance to shopping restaurants, walking/bike trails, golf courses and transportation. Community features a private 10 acre park adjacent to McCormick Ranch Golf Club, pool, spa and ramadas. Courtyard on ground floor & multiple balconies on second and third floor. Seller will consider financing.

20. 2018-03-16
    soldstatus $860,000

    Show marketing remark (812 chars)

    This Crestron Smart home truly has it all! Private elevator along with floor to ceiling designer finishes makes this home move-in ready. First floor guest suite with separate exit is perfect for company or quiet office. The chef's kitchen features Viking appliances- gas range, BI microwave, 48'' fridge and wine fridge, slab granite island & travertine floors. Master bedroom features motorized black-out shades, private balcony, 2 closets & custom leather floors. The location is within easy walking distance to shopping restaurants, walking/bike trails, golf courses and transportation. Community features a private 10 acre park adjacent to McCormick Ranch Golf Club, pool, spa and ramadas. Courtyard on ground floor & multiple balconies on second and third floor. Seller will consider financing.

21. 2018-03-08
    status Pending 812-char remark

    Show marketing remark (812 chars)

    This Crestron Smart home truly has it all! Private elevator along with floor to ceiling designer finishes makes this home move-in ready. First floor guest suite with separate exit is perfect for company or quiet office. The chef's kitchen features Viking appliances- gas range, BI microwave, 48'' fridge and wine fridge, slab granite island & travertine floors. Master bedroom features motorized black-out shades, private balcony, 2 closets & custom leather floors. The location is within easy walking distance to shopping restaurants, walking/bike trails, golf courses and transportation. Community features a private 10 acre park adjacent to McCormick Ranch Golf Club, pool, spa and ramadas. Courtyard on ground floor & multiple balconies on second and third floor. Seller will consider financing.

22. 2018-01-27
    price $844,900 812-char remark

    Show marketing remark (812 chars)

    This Crestron Smart home truly has it all! Private elevator along with floor to ceiling designer finishes makes this home move-in ready. First floor guest suite with separate exit is perfect for company or quiet office. The chef's kitchen features Viking appliances- gas range, BI microwave, 48'' fridge and wine fridge, slab granite island & travertine floors. Master bedroom features motorized black-out shades, private balcony, 2 closets & custom leather floors. The location is within easy walking distance to shopping restaurants, walking/bike trails, golf courses and transportation. Community features a private 10 acre park adjacent to McCormick Ranch Golf Club, pool, spa and ramadas. Courtyard on ground floor & multiple balconies on second and third floor. Seller will consider financing.

23. 2017-09-14
    listed $849,000 Active 812-char remark

    Show marketing remark (812 chars)

    This Crestron Smart home truly has it all! Private elevator along with floor to ceiling designer finishes makes this home move-in ready. First floor guest suite with separate exit is perfect for company or quiet office. The chef's kitchen features Viking appliances- gas range, BI microwave, 48'' fridge and wine fridge, slab granite island & travertine floors. Master bedroom features motorized black-out shades, private balcony, 2 closets & custom leather floors. The location is within easy walking distance to shopping restaurants, walking/bike trails, golf courses and transportation. Community features a private 10 acre park adjacent to McCormick Ranch Golf Club, pool, spa and ramadas. Courtyard on ground floor & multiple balconies on second and third floor. Seller will consider financing.

ⓘ 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: $4,064 · $339/mo
• Projected year-2 tax: $7,590 · $632/mo
• Expected delta: +$3,526/yr (+$294/mo · 86.8%)

ⓘ 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 9/10 Extreme 7 d/yr ≥111°F today · 18 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: $77,301
• − Mortgage interest: −$64,418
• − Property taxes: −$4,064
• − Insurance: −$5,750
• − Repairs & maintenance: −$6,184
• − Management: −$6,184
• − HOA: −$7,728
• − Depreciation: −$33,455
• Taxable loss: −$50,481
• Est. tax savings @ 24.0%: +$12,115
• After-tax cash flow: $-16,727/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Scottsdale Unified District (4240)
• NCES district ID: 0407570
• Math proficiency: 53% ▼ -10.00%
• Reading proficiency: 55% ▼ -8.00%
• Median HH income: $70,139
• Composite: 48.02/100
• National rank: #2196
• State rank: #30 of 249 in AZ

Livability — Scottsdale

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

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Scottsdale, AZ
• County: Maricopa County · 4,537,380 people
• City population: 290,846
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 17,904
• Household income: $184,979
• Rent vs Own: 15.6% rent · 84.4% own
• Severe rent burden: 298.0

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 (78%)
• Race & ethnicity: White 78% Hispanic / Latino 11% Two or more races 9% Asian 5% Pacific Islander 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Scotch-Irish 4% Romanian 3% Slovak 3%
• Foreign-born: 15% · Canada, China
• Languages at home: 85% English-only · Spanish 5% Other Indo-European 4% Other Asian/Pacific 2%

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: ▲ 16.95%
• Current HPI: 416.0855
• Rent YoY: ▲ 8.63%
• 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

+50.2% since first listed

13 events — show timeline

• 2026-02-17 Price Changed $1,275,000 ARMLS
• 2026-01-22 Relisted — ARMLS
• 2026-01-14 Contingent — ARMLS
• 2026-01-09 Listed $1,350,000 ARMLS
• 2026-01-08 Coming Soon $1,350,000 ARMLS
• 2021-01-07 Sold (Public Records) $21,500,000 Public Records
• 2018-03-25 Listed $844,900 ARMLS
• 2018-03-24 Sold (MLS) $860,000 ARMLS
• 2018-03-16 Sold (Public Records) $860,000 Public Records
• 2018-03-16 Sold (MLS) $860,000 ARMLS
• 2018-03-08 Pending — ARMLS
• 2018-01-27 Price Changed $844,900 ARMLS
• 2017-09-14 Listed $849,000 ARMLS

Property tax history

+17.4%/yr

Latest (2025): $4,064 · +5.1% YoY. Source: county tax records.