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12050 N Panorama Dr #209
D+ Composite 48.79
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 +15.0/15.0
  • Cash flow +13.0/30.0
  • 1% rule +4.5/10.0
  • DSCR +3.9/10.0
  • Schools +3.6/10.0
  • Livability +3.5/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$265,000

12050 N Panorama Dr #209 · Fountain Hills, AZ 85268
2 bd · 2.0 ba · 1,204 sqft · Condo public records · 122 Days on market
Built 2005 $220/sqft · 19% below area Est $328k · 19% under $440/mo HOA · 17% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great opportunity in the heart of Fountain Hills! Best value in the zip code for a 2 bed/2 bath condo with a garage. This top floor unit on one level, has views, with new carpet, paint, washer/dryer and dishwasher! A perfect investment, primary residence or vacation property. Only a 1/2 mile walk, run or bike ride to Fountain Park. Lounge by the pool and enjoy fountain, mountain and wash views. Walk-in kitchen pantry, walk-in master closet, in unit laundry, 1 garage space and covered balcony.

Key facts

  • $440 HOA
  • Garage
  • Community pool

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 2-bed/2.0-bath condo listed at $265k.

Deal economics

  • At list price, monthly cash flow is $-15 ($-174/yr) — negative.
  • To cash-flow at today's rent, offer at most $262k (1.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $253k (4.6% below list).
  • Recommended offer: $233k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.2% vs local median 3.4% in Fountain Hills — 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 69/100 on livability (#45 in AZ) — a middle-class / working-renter tenant base. Strengths: employment A+, crime A, housing A; Watch: amenities F, commute F, cost of living F.
  • Fountain Hills Unified District (4247) (other): math 32% / reading 47% proficiency, ranked #61 of 249 in AZ (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
  • Market conditions: Rents rising (+1.0%/yr); 448 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 122 days — a 12% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
  • 14 sale attempts since 22y ago; this cycle's ask has dropped $35k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $180k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 5→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $233,200 (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 122 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 B-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
0.95%
Cap rate
6.23%
Cash-on-cash
-0.23%
DSCR
0.99
GRM
8.7

CMA / ARV

ARV (median comp)
$327,787
List price
$265,000
Delta
-19.15%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.03% rent growth · sell at horizon

5-year hold
IRR
-19.1%
Equity multiple
0.34×
Total profit
$-48,634
Equity at exit
$39,512
10-year hold
IRR
-16.7%
Equity multiple
0.16×
Total profit
$-62,327
Equity at exit
$22,912

Cash invested: $74,200 (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 85268

Rents YoY
1.0%
Active inventory
448
Price-to-rent
8.7×

Monthly cashflow live

Estimated rent
$2,529 high interval (Pro) →
Mortgage (P&I)
$1,390
Tax from tax record
$73 /mo · $871/yr
Insurance
$110
HOA
$440
Vacancy / Maint / Mgmt
$531
Net cashflow
$-15

Break-even live

Break-even rent $2,548
Max offer price $262,435
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
$66,250
Closing costs
$7,950
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12050 N Panorama Dr #208 Fountain Hills, AZ 2.0 2.0 1399 $2,430 $1.74 44d 1 0.04mi
12005 N Panorama Dr Fountain Hills, AZ 1.0–2.0 1.0 830 $2,850 $3.43 24d 2 0.17mi
111652 N Saguaro Blvd Fountain Hills, AZ 2.0 2.0 1500 $2,299 $1.53 44d 1 0.25mi
12237 N Gambel Dr Fountain Hills, AZ 2.0 2.0 1417 $2,590 $1.83 24d 1 0.25mi
16812 E Lamplighter Way #10 Fountain Hills, AZ 2.0 2.0 1393 $4,200 $3.02 44d 1 0.34mi
17343 E Quail Ridge Dr Fountain Hills, AZ 2.0 2.0 1323 $5,000 $3.78 44d 1 0.37mi
16800 E El Lago Blvd Fountain Hills, AZ 2.0 2.0 1348 $3,350 $2.49 5d 2 0.38mi
16724 E Gunsight Dr #219 Fountain Hills, AZ 2.0 1.5 1017 $2,595 $2.55 5d 1 0.41mi
16800 E El Lago Blvd #2057 Fountain Hills, AZ 2.0 2.0 1348 $4,500 $3.34 24d 1 0.45mi
16715 E El Lago Blvd #214 Fountain Hills, AZ 2.0 2.0 1085 $1,700 $1.57 24d 1 0.46mi
16657 E Gunsight Dr Fountain Hills, AZ 2.0 2.0 865 $1,645 $1.90 11d 1 0.47mi
16631 E El Lago Blvd Fountain Hills, AZ 2.0 2.0 1085 $1,774 $1.64 24d 2 0.58mi
16725 E Avenue of the Fountains Fountain Hills, AZ 1.0 1.0 860 $1,649 $1.92 3d 1 0.60mi
16725 E Avenue of the Fountains Fountain Hills, AZ 2.0 2.0 1192 $2,240 $1.88 44d 1 0.60mi
16725 E Avenue of the Fountains Fountain Hills, AZ 1.0 1.0 860 $1,675 $1.95 13d 1 0.60mi
16725 E Avenue of the Fountains Fountain Hills, AZ 2.0 2.0 1192 $2,199 $1.84 2d 1 0.60mi
12635 N La Montana Dr #15 Fountain Hills, AZ 2.0 1.0 858 $1,495 $1.74 44d 1 0.65mi
16545 E Gunsight Dr #223 Fountain Hills, AZ 1.0 2.0 750 $1,300 $1.73 15d 1 0.65mi
16545 E Gunsight Dr #122 Fountain Hills, AZ 1.0 2.0 750 $1,500 $2.00 15d 1 0.65mi
12213 N Chama Dr Unit 2 Fountain Hills, AZ 2.0 2.0 1200 $2,700 $2.25 5d 1 0.68mi
12213 N Chama Dr Unit 2 Fountain Hills, AZ 2.0 2.0 1250 $2,999 $2.40 44d 1 0.68mi
13507 N Vista del Lago Fountain Hills, AZ 3.0 2.0 1386 $5,800 $4.18 44d 1 0.75mi
16453 E Segundo Dr Unit 1 Fountain Hills, AZ 3.0 2.0 1414 $5,900 $4.17 44d 1 0.75mi
16453 E Segundo Dr Unit 2 Fountain Hills, AZ 2.0 1.0 945 $4,900 $5.19 44d 1 0.75mi
16715 E Parkview Ave Unit 201 Fountain Hills, AZ 1.0 1.0 1100 $1,725 $1.57 4d 1 0.76mi
16525 E Avenue of the Fountains #116 Fountain Hills, AZ 2.0 2.0 1190 $1,575 $1.32 24d 1 0.79mi
16912 E La Montana Dr Unit D124 Fountain Hills, AZ 2.0 2.0 987 $3,500 $3.55 44d 1 0.84mi
13607 N Hamilton Dr Unit A18 Fountain Hills, AZ 2.0 2.0 987 $2,699 $2.73 44d 1 0.86mi
13624 N Saguaro Blvd Unit B118 Fountain Hills, AZ 2.0 2.0 1000 $1,495 $1.50 24d 1 0.87mi
13636 N Saguaro Blvd #103 Fountain Hills, AZ 2.0 2.0 912 $2,800 $3.07 44d 1 0.89mi
16550 E Avenue of the Fountains Fountain Hills, AZ 1.0–2.0 1.0–2.0 896 $2,440 $2.72 3d 8 0.91mi
13804 N Saguaro Blvd #211 Fountain Hills, AZ 2.0 2.0 1032 $3,000 $2.91 44d 1 0.93mi
13818 N Saguaro Blvd Fountain Hills, AZ 2.0 2.0 1032 $1,700 $1.65 5d 2 0.98mi
16750 E Westby Dr Unit B Fountain Hills, AZ 2.0 2.0 1076 $2,800 $2.60 44d 1 1.03mi
16728 E Westby Dr #103 Fountain Hills, AZ 3.0 2.5 1360 $2,199 $1.62 44d 1 1.03mi
17247 E Grande Blvd #8 Fountain Hills, AZ 2.0 2.0 1500 $4,000 $2.67 44d 1 1.03mi
13225 N Fountain Hills Blvd Fountain Hills, AZ 2.0 2.0 1063 $1,750 $1.65 24d 1 1.07mi
13225 N Fountain Hills Blvd Fountain Hills, AZ 2.0 2.0 1063 $1,750 $1.65 22d 1 1.07mi
13225 N Fountain Hills Blvd Fountain Hills, AZ 2.0 2.0 1005 $1,750 $1.74 44d 1 1.07mi
13850 N Hamilton Dr Fountain Hills, AZ 2.0 2.0 1282 $4,000 $3.12 44d 1 1.09mi

HOA detail condo

Monthly dues
$440 · $5,280/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-06-18
    days on market $265,000 Active 122 DOM
  2. 2026-06-17
    days on market $265,000 Active 121 DOM
  3. 2026-06-16
    days on market $265,000 Active 120 DOM
  4. 2026-06-15
    days on market $265,000 Active 119 DOM
  5. 2026-06-13
    days on market $265,000 Active 117 DOM
  6. 2026-06-09
    days on market $265,000 Active 113 DOM
  7. 2026-06-08
    days on market $265,000 Active 112 DOM
  8. 2026-06-07
    days on market $265,000 Active 111 DOM
  9. 2026-06-04
    days on market $265,000 Active 108 DOM
  10. 2026-06-03
    days on market $265,000 Active 107 DOM
  11. 2026-06-02
    days on market $265,000 Active 106 DOM
  12. 2026-06-01
    days on market $265,000 Active 105 DOM
  13. 2026-06-01
    price $265,000 Active 104 DOM
  14. 2026-05-31
    days on market $275,000 Active 104 DOM
  15. 2026-04-23
    price $275,000 497-char remark
    Show marketing remark (497 chars)

    Great opportunity in the heart of Fountain Hills! Best value in the zip code for a 2 bed/2 bath condo with a garage. This top floor unit on one level, has views, with new carpet, paint, washer/dryer and dishwasher! A perfect investment, primary residence or vacation property. Only a 1/2 mile walk, run or bike ride to Fountain Park. Lounge by the pool and enjoy fountain, mountain and wash views. Walk-in kitchen pantry, walk-in master closet, in unit laundry, 1 garage space and covered balcony.

  16. 2026-02-27
    price $298,500 497-char remark
    Show marketing remark (497 chars)

    Great opportunity in the heart of Fountain Hills! Best value in the zip code for a 2 bed/2 bath condo with a garage. This top floor unit on one level, has views, with new carpet, paint, washer/dryer and dishwasher! A perfect investment, primary residence or vacation property. Only a 1/2 mile walk, run or bike ride to Fountain Park. Lounge by the pool and enjoy fountain, mountain and wash views. Walk-in kitchen pantry, walk-in master closet, in unit laundry, 1 garage space and covered balcony.

  17. 2026-02-16
    listed $300,000 Active 497-char remark
    Show marketing remark (497 chars)

    Great opportunity in the heart of Fountain Hills! Best value in the zip code for a 2 bed/2 bath condo with a garage. This top floor unit on one level, has views, with new carpet, paint, washer/dryer and dishwasher! A perfect investment, primary residence or vacation property. Only a 1/2 mile walk, run or bike ride to Fountain Park. Lounge by the pool and enjoy fountain, mountain and wash views. Walk-in kitchen pantry, walk-in master closet, in unit laundry, 1 garage space and covered balcony.

  18. 2026-01-15
    historical $1,650
  19. 2025-11-08
    price $1,650
  20. 2025-10-24
    price $1,695
  21. 2025-10-17
    price $1,725
  22. 2025-10-10
    listed $1,750
  23. 2018-01-05
    soldstatus $180,000 Closed 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  24. 2018-01-04
    soldstatus $180,000
  25. 2017-12-27
    status Pending 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  26. 2017-12-27
    listed $188,000 Active 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  27. 2017-12-22
    soldstatus $180,000 Closed 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  28. 2017-11-27
    status Pending 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  29. 2017-11-01
    status Active 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  30. 2017-10-31
    historical 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  31. 2017-09-16
    status Active 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  32. 2017-09-08
    status Pending 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  33. 2017-04-27
    listed $188,000 Active 397-char remark
    Show marketing remark (397 chars)

    Desirable end unit with picture views of mountains. Well maintained, stainless appliances, granite counters, upgraded cabinetry, tile floors, walk-in pantry. Great room & bedrooms carpeted, baths are tiled. Built in 2005, nestled in a wash, has only 20 condos each with single car garages. Rec center: TV, exercise equip, restrooms, All in walking distance of restaurants, shops & dog park

  34. 2016-04-30
    historical
  35. 2016-02-10
    price $185,000
  36. 2015-12-15
    listed $195,000 Active
  37. 2015-05-04
    historical
  38. 2015-05-02
    listed $189,000 Active
  39. 2015-05-01
    listed Under Contract Accepting Backups
  40. 2015-01-13
    status Pending
  41. 2014-10-13
    listed $189,000 Active
  42. 2014-04-28
    historical
  43. 2014-03-07
    price $169,900
  44. 2014-02-07
    listed $179,900 Active
  45. 2007-01-31
    historical
  46. 2006-05-26
    listed $254,900
  47. 2006-05-13
    historical
  48. 2006-02-15
    listed $289,999
  49. 2004-12-03
    historical
  50. 2004-11-07
    listed $200,950

ⓘ 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
$871 · $73/mo
Projected year-2 tax
$1,749 · $146/mo
Expected delta
+$878/yr (+$73/mo · 100.8%)

ⓘ 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 5/10 Major
  • 🌡 Heat 8/10 Severe 5 d/yr ≥112°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 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
$30,352
− Mortgage interest
−$14,844
− Property taxes
−$871
− Insurance
−$1,325
− Repairs & maintenance
−$2,428
− Management
−$2,428
− HOA
−$5,280
− Depreciation
−$7,709
Taxable loss
−$4,534
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,088
After-tax cash flow
$914/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
Fountain Hills Unified District (4247)
NCES district ID
0403040
Math proficiency
32% ▼ -21.00%
Reading proficiency
47% ▼ -8.00%
Median HH income
$75,038
Composite
36.41/100
National rank
#4677
State rank
#61 of 249 in AZ

Livability — Fountain Hills

Score
69/100
State rank
#45
US rank
#8769

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fountain Hills, AZ
County
Maricopa County · 4,537,380 people
City population
23,849
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
23,849
Household income
$112,795
Rent vs Own
15.6% rent · 84.4% own
Severe rent burden
374.0

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 (88%)
Race & ethnicity
White 88% Two or more races 5% Hispanic / Latino 4% Black 3% Asian 2%
Common ancestry
Romanian 4% Portuguese 4% Slovak 3%
Foreign-born
8% · Canada
Languages at home
94% English-only · Spanish 2% Other Indo-European 1% Russian/Polish/Slavic 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
▼ -205.81%
Current HPI
283.4064
Rent YoY
▲ 1.03%
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

+36.8% since first listed
36 events — show timeline
  • 2026-04-23 Price Changed $275,000 ARMLS
  • 2026-02-27 Price Changed $298,500 ARMLS
  • 2026-02-16 Listed $300,000 ARMLS
  • 2026-01-15 Rental Removed $1,650 ARMLS
  • 2025-11-08 Price Changed $1,650 ARMLS
  • 2025-10-24 Price Changed $1,695 ARMLS
  • 2025-10-17 Price Changed $1,725 ARMLS
  • 2025-10-10 Listed for Rent $1,750 ARMLS
  • 2018-01-05 Sold (MLS) $180,000 ARMLS
  • 2018-01-04 Sold (Public Records) $180,000 Public Records
  • 2017-12-27 Pending ARMLS
  • 2017-12-27 Listed $188,000 ARMLS
  • 2017-12-22 Sold (MLS) $180,000 ARMLS
  • 2017-11-27 Pending ARMLS
  • 2017-11-01 Relisted ARMLS
  • 2017-10-31 Listing Removed ARMLS
  • 2017-09-16 Relisted ARMLS
  • 2017-09-08 Pending ARMLS
  • 2017-04-27 Listed $188,000 ARMLS
  • 2016-04-30 Listing Removed ARMLS
  • 2016-02-10 Price Changed $185,000 ARMLS
  • 2015-12-15 Listed $195,000 ARMLS
  • 2015-05-04 Listing Removed ARMLS
  • 2015-05-02 Listed $189,000 ARMLS
  • 2015-05-01 Listed ARMLS
  • 2015-01-13 Pending ARMLS
  • 2014-10-13 Listed $189,000 ARMLS
  • 2014-04-28 Listing Removed ARMLS
  • 2014-03-07 Price Changed $169,900 ARMLS
  • 2014-02-07 Listed $179,900 ARMLS
  • 2007-01-31 Listing Removed ARMLS
  • 2006-05-26 Listed $254,900 ARMLS
  • 2006-05-13 Listing Removed ARMLS
  • 2006-02-15 Listed $289,999 ARMLS
  • 2004-12-03 Listing Removed ARMLS
  • 2004-11-07 Listed $200,950 ARMLS

Property tax history

-1.4%/yr

Latest (2025): $871 · -3.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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