4525 N 66th St #6 · Scottsdale, AZ 85251

$275,000

2 bd · 2.0 ba · 1,422 sqft · Condo public records · 142 Days on market

Built 1976 $193/sqft · 35% below area Est $424k · 35% under $687/mo HOA · 21% of rent

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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 +19.4/30.0
• ARV discount +15.0/15.0
• 1% rule +7.1/10.0
• DSCR +6.1/10.0
• 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

Listing remarks MLS

Casa del Monte is a 24-hour guard-gated community set near Camelback Mountain at the crossroads of Paradise Valley, Arcadia, and Old Town Scottsdale, offering an exceptional location and lifestyle. Behind the gates, this resort-style enclave is known for its classic Scottsdale charm, multiple pools, tennis and sports courts, fitness facilities, and lock-and-leave living. This beautifully maintained 2-bed, 2-bath single-level townhome features comfortable living spaces and thoughtful updates, ideal for full-time living or a second home. Designed for low-maintenance living. The location is unmatched, just moments from the Phoenician Resort, Scottsdale Fashion Square, top dining, nearby golf, Camelback Mountain hiking, and Old Town art district and entertainment.

Key facts

• Fitness facilities
• Resort style enclave
• Multiple pools

Tags

• GUARD GATED COMMUNITY
• RESORT STYLE ENCLAVE
• MULTIPLE POOLS
• TENNIS AND SPORTS COURTS
• FITNESS FACILITIES
• LOCK AND LEAVE LIVING

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $275k.

Deal economics

• At list price, monthly cash flow is $307 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $275k).
• Recommended offer: $242k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.6% 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.
• Market conditions: Rents soft (-1.6%/yr); 586 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 43% 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 $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 142 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 24y ago; this cycle's ask has dropped $115k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $242,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 142 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
9. 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.
10. 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: 1.21% ✓
• Cap rate: 7.63%
• Cash-on-cash: 4.78%
• DSCR: 1.21
• GRM: 6.9

CMA / ARV

• ARV (median comp): $423,602
• List price: $275,000
• Delta: -35.08%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.55×
• Total profit: $-34,449
• Equity at exit: $41,003

10-year hold

• IRR: -10.5%
• Equity multiple: 0.46×
• Total profit: $-41,246
• Equity at exit: $23,777

Cash invested: $77,000 (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 85251

• Rents YoY: -1.6%
• Active inventory: 586
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $3,327 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$78 /mo · $934/yr
• Insurance: −$115
• HOA: −$687
• Vacancy / Maint / Mgmt: −$699
• Net cashflow: $307

Break-even live

Break-even rent $2,939

Max offer price $275,000

Occupancy floor 86%

Sensitivity live

Price	-10% $463	-5% $385	+0% $307	+5% $229	+10% $151
Rent	-10% $44	-5% $176	+0% $307	+5% $438	+10% $570
Rate	-1.0pp $446	-0.5pp $377	base $307	+0.5pp $236	+1.0pp $163

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4525 N 66th St #38 Scottsdale, AZ	2.0	2.0	1246	$6,000	$4.82	45d	1	0.02mi
4525 N 66th St Scottsdale, AZ	2.0	2.0	1410	$4,998	$3.54	0d	2	0.06mi
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
4610 N 68th St Scottsdale, AZ	2.0	1.5	986	$4,118	$4.18	4d	2	0.14mi
4610 N 68th St Scottsdale, AZ	2.0–3.0	1.5–2.0	1136	$1,900	$1.67	25d	3	0.14mi
4600 N 68th St Scottsdale, AZ	1.0–2.0	1.0–1.5	844	$6,000	$7.11	12d	3	0.17mi
4600 N 68th St Scottsdale, AZ	1.0–2.0	1.0–1.5	844	$6,000	$7.11	25d	4	0.17mi
4600 N 68th St Scottsdale, AZ	1.0–2.0	1.0–1.5	843	$6,000	$7.11	45d	4	0.17mi
4600 N 68th St Unit 1558658P Scottsdale, AZ	2.0	1.5	979	$2,044	$2.09	14d	1	0.17mi
4600 N 68th St Unit 1558683P Scottsdale, AZ	2.0	1.5	979	$1,997	$2.04	6d	1	0.17mi
4630 N 68th St Scottsdale, AZ	2.0	1.5–2.0	1003	$2,525	$2.52	15d	4	0.19mi
4630 N 68th St Scottsdale, AZ	2.0	1.5–2.0	1003	$2,500	$2.49	16d	5	0.19mi
4630 N 68th St Scottsdale, AZ	2.0	1.5	986	$2,650	$2.69	45d	2	0.19mi
4630 N 68th St Scottsdale, AZ	1.0–2.0	1.0–2.0	861	$3,200	$3.72	15d	5	0.19mi
4620 N 68th St Unit 1558662P Scottsdale, AZ	2.0	1.5	947	$2,072	$2.19	0d	1	0.23mi
4620 N 68th St Unit 1558641P Scottsdale, AZ	2.0	1.5	968	$2,323	$2.40	15d	1	0.23mi
4701 N 68th St Scottsdale, AZ	2.0	1.5–2.0	1079	$3,000	$2.78	19d	5	0.26mi
4701 N 68th St Scottsdale, AZ	2.0	1.5–2.0	1079	$3,000	$2.78	25d	4	0.26mi
4800 N 68th St Scottsdale, AZ	1.0–2.0	1.0–2.0	1124	$5,500	$4.89	4d	5	0.29mi
4800 N 68th St Scottsdale, AZ	1.0–2.0	1.0–2.0	1098	$3,500	$3.19	45d	2	0.29mi
6895 E Camelback Rd Scottsdale, AZ	3.0	1.0–3.0	1279	$5,294	$4.14	0d	59	0.33mi
4830 N 65th St Scottsdale, AZ	2.0	2.0	1715	$6,000	$3.50	6d	1	0.39mi
5101 N Casa Blanca Dr #19 Paradise Valley, AZ	2.0	2.5	1672	$6,495	$3.88	45d	1	0.55mi
7117 E Rancho Vista Dr #2004 Scottsdale, AZ	2.0	2.0	1066	$3,699	$3.47	45d	1	0.55mi
7117 E Rancho Vista Dr #5007 Scottsdale, AZ	2.0	2.0	1310	$3,600	$2.75	21d	1	0.55mi
7117 E Rancho Vista Dr #3003 Scottsdale, AZ	1.0	1.0	889	$2,695	$3.03	19d	1	0.55mi
7117 E Rancho Vista Dr #2002 Scottsdale, AZ	2.0	2.0	1559	$4,500	$2.89	45d	1	0.55mi
7025 E Via Soleri Dr Scottsdale, AZ	2.0	1.0–2.0	928	$4,799	$5.17	0d	17	0.55mi
7127 E Rancho Vista Dr #2001 Scottsdale, AZ	3.0	2.0	1781	$5,000	$2.81	45d	1	0.57mi
7127 E Rancho Vista Dr #5001 Scottsdale, AZ	2.0	2.0	1781	$5,500	$3.09	45d	1	0.57mi
7121 E Rancho Vista Dr #2001 Scottsdale, AZ	2.0	2.0	1327	$3,800	$2.86	5d	1	0.58mi
7121 E Rancho Vista Dr #5011 Scottsdale, AZ	3.0	2.0	1826	$5,950	$3.26	5d	1	0.58mi
7121 E Rancho Vista Dr #2009 Scottsdale, AZ	1.0	1.5	956	$1,900	$1.99	19d	1	0.58mi
7121 E Rancho Vista Dr #5011 Scottsdale, AZ	3.0	2.0	1826	$5,950	$3.26	5d	1	0.58mi
7121 E Rancho Vista Dr Scottsdale, AZ	2.0	2.0	1329	$3,495	$2.63	9d	1	0.58mi
7121 E Rancho Vista Dr Scottsdale, AZ	2.0	1.0	1408	$4,700	$3.34	45d	1	0.58mi
4848 N Goldwater Blvd Scottsdale, AZ	1.0–2.0	1.0–2.0	916	$2,829	$3.09	0d	37	0.59mi
7131 E Rancho Vista Dr #6001 Scottsdale, AZ	2.0	2.0	1327	$2,995	$2.26	5d	1	0.60mi
7131 E Rancho Vista Dr #6001 Scottsdale, AZ	2.0	2.0	1327	$2,995	$2.26	5d	1	0.60mi

HOA detail condo

• Monthly dues: $687 · $8,244/yr
• Likely covers: poolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 39 events

1. 2026-06-21
   days on market $275,000 Active 142 DOM
2. 2026-06-18
   days on market $275,000 Active 139 DOM
3. 2026-06-17
   days on market $275,000 Active 138 DOM
4. 2026-06-16
   days on market $275,000 Active 137 DOM
5. 2026-06-15
   pricedays on market $275,000 Active 136 DOM
6. 2026-06-13
   days on market $299,000 Active 134 DOM
7. 2026-06-09
   days on market $299,000 Active 130 DOM
8. 2026-06-08
   days on market $299,000 Active 129 DOM
9. 2026-06-07
   days on market $299,000 Active 128 DOM
10. 2026-06-04
    days on market $299,000 Active 125 DOM
11. 2026-06-03
    days on market $299,000 Active 124 DOM
12. 2026-06-02
    days on market $299,000 Active 123 DOM
13. 2026-06-01
    days on market $299,000 Active 122 DOM
14. 2026-05-31
    days on market $299,000 Active 121 DOM
15. 2026-04-04
    price $299,000 778-char remark

    Show marketing remark (778 chars)

    Casa del Monte is a 24-hour guard-gated community set near Camelback Mountain at the crossroads of Paradise Valley, Arcadia, and Old Town Scottsdale, offering an exceptional location and lifestyle. Behind the gates, this resort-style enclave is known for its classic Scottsdale charm, multiple pools, tennis and sports courts, fitness facilities, and lock-and-leave living. This beautifully maintained 2-bed, 2-bath single-level townhome features comfortable living spaces and thoughtful updates, ideal for full-time living or a second home. Designed for low-maintenance living. The location is unmatched, just moments from the Phoenician Resort, Scottsdale Fashion Square, top dining, nearby golf, Camelback Mountain hiking, and Old Town art district and entertainment.

16. 2026-02-22
    price $330,000 778-char remark

    Show marketing remark (778 chars)

    Casa del Monte is a 24-hour guard-gated community set near Camelback Mountain at the crossroads of Paradise Valley, Arcadia, and Old Town Scottsdale, offering an exceptional location and lifestyle. Behind the gates, this resort-style enclave is known for its classic Scottsdale charm, multiple pools, tennis and sports courts, fitness facilities, and lock-and-leave living. This beautifully maintained 2-bed, 2-bath single-level townhome features comfortable living spaces and thoughtful updates, ideal for full-time living or a second home. Designed for low-maintenance living. The location is unmatched, just moments from the Phoenician Resort, Scottsdale Fashion Square, top dining, nearby golf, Camelback Mountain hiking, and Old Town art district and entertainment.

17. 2026-02-12
    price $365,000 778-char remark

    Show marketing remark (778 chars)

    Casa del Monte is a 24-hour guard-gated community set near Camelback Mountain at the crossroads of Paradise Valley, Arcadia, and Old Town Scottsdale, offering an exceptional location and lifestyle. Behind the gates, this resort-style enclave is known for its classic Scottsdale charm, multiple pools, tennis and sports courts, fitness facilities, and lock-and-leave living. This beautifully maintained 2-bed, 2-bath single-level townhome features comfortable living spaces and thoughtful updates, ideal for full-time living or a second home. Designed for low-maintenance living. The location is unmatched, just moments from the Phoenician Resort, Scottsdale Fashion Square, top dining, nearby golf, Camelback Mountain hiking, and Old Town art district and entertainment.

18. 2026-01-28
    listed $390,000 Active 778-char remark

    Show marketing remark (778 chars)

    Casa del Monte is a 24-hour guard-gated community set near Camelback Mountain at the crossroads of Paradise Valley, Arcadia, and Old Town Scottsdale, offering an exceptional location and lifestyle. Behind the gates, this resort-style enclave is known for its classic Scottsdale charm, multiple pools, tennis and sports courts, fitness facilities, and lock-and-leave living. This beautifully maintained 2-bed, 2-bath single-level townhome features comfortable living spaces and thoughtful updates, ideal for full-time living or a second home. Designed for low-maintenance living. The location is unmatched, just moments from the Phoenician Resort, Scottsdale Fashion Square, top dining, nearby golf, Camelback Mountain hiking, and Old Town art district and entertainment.

19. 2023-04-20
    soldstatus $380,000 Closed 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

20. 2023-04-20
    soldstatus $380,000

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

21. 2023-03-24
    historical Under Contract Accepting Backups 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

22. 2023-03-19
    status Active 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

23. 2023-03-12
    historical 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

24. 2023-02-06
    historical Under Contract Accepting Backups 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

25. 2023-01-26
    status Active 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

26. 2023-01-23
    historical Under Contract Accepting Backups 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

27. 2023-01-21
    status Active 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

28. 2023-01-20
    historical 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

29. 2023-01-19
    historical $379,900 794-char remark

    Show marketing remark (794 chars)

    Buyer's loan fell through at the 11th Hour. Welcome home to Casa Del Monte. This 2 bed, 2 bath, patio home is too cute! Walk to the heart of Scottsdale & all it has to offer, Fashion Square Mall, Old Town, the Waterfront, Nightlife, Restaurants. Hiking & Golf nearby. Meticulously maintained & featuring granite countertops, stainless steel appliances, newer windows & patio door, wood shutters, updated master bath, master closet built-in's, over $30,000 in recent updates. The HOA includes 24/7 Guard gate, 3 pools, tennis, clubhouse, front yard & patio maintenance included along with exterior maintenance of the home & roof, making it a perfect lock & leave. This community is a land lease complex, so land taxes are less than comparable patio homes in the area.

30. 2021-04-16
    soldstatus $269,000 Closed
31. 2021-04-16
    soldstatus $269,000
32. 2021-03-16
    status Pending
33. 2021-03-03
    listed $269,000 Active
34. 2002-07-25
    soldstatus $115,000
35. 2002-07-25
    soldstatus $115,000
36. 2002-06-25
    historical
37. 2002-05-03
    listed $120,000
38. 1995-04-17
    soldstatus $69,900
39. 1993-03-03
    soldstatus $50,000

ⓘ 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: $934 · $78/mo
• Projected year-2 tax: $1,815 · $151/mo
• Expected delta: +$881/yr (+$73/mo · 94.4%)

ⓘ 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 · 16 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: $39,927
• − Mortgage interest: −$15,404
• − Property taxes: −$934
• − Insurance: −$1,375
• − Repairs & maintenance: −$3,194
• − Management: −$3,194
• − HOA: −$8,244
• − Depreciation: −$8,000
• Taxable loss: −$418
• Est. tax savings @ 24.0%: +$100
• After-tax cash flow: $3,785/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): 40,780
• Household income: $92,851
• Rent vs Own: 51.5% rent · 48.5% 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
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

+498.0% since first listed

25 events — show timeline

• 2026-04-04 Price Changed $299,000 ARMLS
• 2026-02-22 Price Changed $330,000 ARMLS
• 2026-02-12 Price Changed $365,000 ARMLS
• 2026-01-28 Listed $390,000 ARMLS
• 2023-04-20 Sold (Public Records) $380,000 Public Records
• 2023-04-20 Sold (MLS) $380,000 ARMLS
• 2023-03-24 Contingent — ARMLS
• 2023-03-19 Relisted — ARMLS
• 2023-03-12 Listing Removed — ARMLS
• 2023-02-06 Contingent — ARMLS
• 2023-01-26 Relisted — ARMLS
• 2023-01-23 Contingent — ARMLS
• 2023-01-21 Relisted — ARMLS
• 2023-01-20 Listing Removed — ARMLS
• 2023-01-19 Coming Soon $379,900 ARMLS
• 2021-04-16 Sold (Public Records) $269,000 Public Records
• 2021-04-16 Sold (MLS) $269,000 ARMLS
• 2021-03-16 Pending — ARMLS
• 2021-03-03 Listed $269,000 ARMLS
• 2002-07-25 Sold (Public Records) $115,000 Public Records
• 2002-07-25 Sold (MLS) $115,000 ARMLS
• 2002-06-25 Listing Removed — ARMLS
• 2002-05-03 Listed $120,000 ARMLS
• 1995-04-17 Sold (Public Records) $69,900 Public Records
• 1993-03-03 Sold (Public Records) $50,000 Public Records

Property tax history

+0.4%/yr

Latest (2025): $934 · +4.4% YoY. Source: county tax records.