5341 W Marcus Dr · Phoenix, AZ 85083

$408,900

3 bd · 3.0 ba · 1,420 sqft · SingleFamily public records · 40 Days on market

Built 2006 2,100 sqft lot $288/sqft · at area comps Est $422k · at est. $258/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).

• Appreciation +10.0/10.0
• ARV discount +8.8/15.0
• Cash flow +6.5/30.0
• Schools +4.7/10.0
• Livability +3.8/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• 1% rule +1.2/10.0
• DSCR +0.7/10.0

Listing remarks MLS

NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

Key facts

• Dog park
• Pickleball court
• Soccer field

Tags

• STETSON VALLEY COMMUNITY
• DEEM HILLS PARK
• BASKETBALL COURT
• DOG PARK
• PICKLEBALL COURT
• SOCCER FIELD

Property features AI

Finance

• Other: Property parcel information and lot size source: Assessor
• HOA & community: Homeowners association present; Association fee $450 quarterly; Additional association fee $325 quarterly; Association covers front yard maintenance, grounds maintenance and street maintenance; Community amenities: Pool, community spa, playground, biking/walking path

Exterior

• Parking: Covered parking for 2 vehicles; 2 garage spaces
• Utilities: City water; Public sewer
• Home design: Single family residence; Fee simple ownership
• Construction: Stucco and wood frame construction; Painted exterior; Tile/concrete roof; Building area source: Assessor
• Exterior features: Private yard; Desert front and desert back landscaping; City maintained road

Interior

• Kitchen: Built-in microwave; Non-laminate countertops; Pantry; Dishwasher; Disposal
• Bedrooms: Possible 4 bedrooms; Master bedroom (listed as a room)
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central air conditioning; Ceiling fans; Programmable thermostat; Energy Star qualified heating and cooling equipment; Electric heating; Ceiling heating
• Interior features: Smart home features; High-speed internet; Double vanity in bathroom; Eat-in kitchen with breakfast bar; Vaulted ceilings; Pantry; Full bathroom in master bedroom; Upstairs
• Laundry & utility: Washer/dryer hook-ups only; Energy Star noted for laundry (see remarks)

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $409k.

Deal economics

• At list price, monthly cash flow is $-697 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $286k (30.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $254k (37.8% below list).
• Recommended offer: $254k (37.8% below list) — sets the bar for 1% rule.
• Cap rate 4.2% vs local median 3.3% in Phoenix — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 75/100 on livability (#16 in AZ, #3,924 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime F.
• Deer Valley Unified District (4246) (urban): math 50% / reading 55% proficiency, ranked #33 of 249 in AZ (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Inspiration Mountain School (486 students, 10% FRL); Hillcrest Middle School (math 49% / reading 60%, grade B-, #15 of 218 statewide, top 7%, 899 students, 14% FRL); Sandra Day O'Connor High School (math 43% / reading 48%, grade D-, #58 of 381 statewide, top 15%, 2,567 students, 13% FRL).
• Market conditions: Rents rising (+2.3%/yr); 123 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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

• In year one you build about $44k of equity ($3k loan paydown + $41k 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 ~$70k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($397k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $254,444 (37.8% 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 40 days. Have you received any prior offers? Is the seller open to a 38% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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?
7. 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.
8. 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.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.62% ✗
• Cap rate: 4.25%
• Cash-on-cash: -7.31%
• DSCR: 0.67
• GRM: 13.4

CMA / ARV

• ARV (median comp): $421,513
• List price: $408,900
• Delta: -2.99%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
26521 N Babbling Brook Dr	0.10mi	3/2.5	1,469 (+4%)	12mo	$418,000	$285	78
26405 N Babbling Brook Dr	0.06mi	2/2.5 (-1)	1,529 (+8%)	3mo	$369,000	$241	74
25913 N 53rd Dr	0.20mi	3/2.5	1,493 (+5%)	9mo	$390,000	$261	72
26015 N 53rd Dr	0.16mi	3/2.5	1,493 (+5%)	14mo	$395,000	$265	70
26712 N Babbling Brook Dr	0.22mi	2/2.5 (-1)	1,529 (+8%)	0mo	$365,000	$239	70
26505 N Babbling Brook Dr	0.08mi	2/2.5 (-1)	1,529 (+8%)	10mo	$376,800	$246	68
5409 W Straight Arrow Ln	0.63mi	3/2.0	1,398 (-2%)	1mo	$478,000	$342	63
26678 N Babbling Brook Dr	0.20mi	2/2.5 (-1)	1,307 (-8%)	12mo	$347,500	$266	61
26638 N Babbling Brook Dr	0.18mi	2/2.5 (-1)	1,529 (+8%)	14mo	$360,000	$235	60
26662 N Babbling Brook Dr	0.18mi	2/2.5 (-1)	1,529 (+8%)	17mo	$366,900	$240	58
26733 N 53rd Ln	0.23mi	2/2.5 (-1)	1,306 (-8%)	15mo	$375,000	$287	56
5455 W Bajada Rd	0.45mi	3/2.0	1,574 (+11%)	1mo	$534,000	$339	56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 2.29% rent growth · sell at horizon

5-year hold

• IRR: 18.9%
• Equity multiple: 2.54×
• Total profit: $176,447
• Equity at exit: $368,370

10-year hold

• IRR: 17.4%
• Equity multiple: 5.81×
• Total profit: $550,905
• Equity at exit: $794,403

Cash invested: $114,492 (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 85083

• Home prices YoY: 5.4%
• Rents YoY: 2.3%
• Active inventory: 123
• Price-to-rent: 13.4×

Monthly cashflow live

• Estimated rent: $2,544 high
• Mortgage (P&I): −$2,144
• Tax from tax record: −$135 /mo · $1,617/yr
• Insurance: −$170
• HOA: −$258
• Vacancy / Maint / Mgmt: −$534
• Net cashflow: $-697

Break-even live

Break-even rent $3,427

Max offer price $285,718

Occupancy floor —

Sensitivity live

Price	-10% $-466	-5% $-582	+0% $-697	+5% $-813	+10% $-929
Rent	-10% $-898	-5% $-798	+0% $-697	+5% $-597	+10% $-496
Rate	-1.0pp $-491	-0.5pp $-593	base $-697	+0.5pp $-803	+1.0pp $-911

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: $102,225
• Closing costs: $12,267
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5310 W Chisum Trl Phoenix, AZ	3.0	2.5	1719	$2,195	$1.28	1d	1	0.10mi
26616 N Babbling Brook Dr Phoenix, AZ	2.0	2.5	1306	$1,900	$1.45	45d	1	0.18mi
26681 N Babbling Brook Dr Phoenix, AZ	3.0	2.5	1871	$2,160	$1.15	9d	1	0.23mi
26733 N 53rd Ln Phoenix, AZ	2.0	2.5	1306	$4,000	$3.06	45d	1	0.25mi
5340 W Molly Ln Phoenix, AZ	3.0	2.5	1871	$2,400	$1.28	26d	1	0.29mi
5388 W Molly Ln Phoenix, AZ	3.0	2.5	1871	$2,099	$1.12	9d	1	0.31mi
5511 W Desperado Way Phoenix, AZ	4.0	2.0	1794	$2,695	$1.50	1d	1	0.58mi
5412 W Fetlock Trl Phoenix, AZ	4.0	2.0	1805	$3,200	$1.77	45d	1	0.63mi
5414 W Straight Arrow Ln Phoenix, AZ	4.0	2.0	1760	$4,500	$2.56	45d	1	0.69mi
6124 W Whispering Wind Dr Glendale, AZ	3.0	2.0	1305	$2,295	$1.76	45d	1	1.37mi
6424 W Saddlehorn Rd Phoenix, AZ	4.0	2.0	1647	$2,195	$1.33	9d	1	1.45mi
27513 N 63rd Dr Phoenix, AZ	3.0	2.5	1866	$2,395	$1.28	16d	1	1.46mi

HOA detail

• Monthly dues: $258 · $3,096/yr
• Likely covers: pool

Listing history 36 events

1. 2026-06-21
   days on market $408,900 Active 40 DOM
2. 2026-06-18
   days on market $408,900 Active 37 DOM
3. 2026-06-17
   days on market $408,900 Active 36 DOM
4. 2026-06-16
   days on market $408,900 Active 35 DOM
5. 2026-06-15
   days on market $408,900 Active 34 DOM
6. 2026-06-13
   days on market $408,900 Active 32 DOM
7. 2026-06-13
   days on market $408,900 Active 31 DOM
8. 2026-06-09
   pricedays on market $408,900 Active 28 DOM
9. 2026-06-08
   days on market $413,900 Active 27 DOM
10. 2026-06-07
    days on market $413,900 Active 26 DOM
11. 2026-06-04
    days on market $413,900 Active 23 DOM
12. 2026-06-03
    days on market $413,900 Active 22 DOM
13. 2026-06-02
    days on market $413,900 Active 21 DOM
14. 2026-06-01
    days on market $413,900 Active 20 DOM
15. 2026-05-31
    days on market $413,900 Active 19 DOM
16. 2026-05-12
    listed $413,900 Active 790-char remark
17. 2022-09-28
    soldstatus $418,000 Closed 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

18. 2022-09-28
    soldstatus $418,000

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

19. 2022-09-07
    historical Under Contract Accepting Backups 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

20. 2022-08-29
    price $419,500 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

21. 2022-08-19
    price $419,900 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

22. 2022-08-18
    price $424,500 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

23. 2022-08-15
    price $424,900 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

24. 2022-08-09
    price $425,900 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

25. 2022-08-07
    price $428,500 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

26. 2022-07-31
    price $428,900 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

27. 2022-07-29
    price $429,500 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

28. 2022-07-22
    listed $429,900 Active 795-char remark

    Show marketing remark (795 chars)

    NEW HVA/C Installed Last Month!! Just listed in one of the most sought after communities in Phoenix, completely remodeled & Upgraded Home including Brand New HVA/C!! Stainless Steel Appliances and Wood Cabinetry. Just finished w/ New Paint & New Carpeting in all bedrooms & loft. The Great Room is an open concept w/ 18'' ceramic tile on main floor. Open loft upstairs could be used as a den/office combo. House is prewired for alarm. Programable thermostats w/ multi-zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage w/ modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. FANTASTIC LOCATION & PRICE!!

29. 2017-05-03
    soldstatus $216,000 Closed

    Show marketing remark (713 chars)

    Gorgeous Home with an upgraded kitchen. Stainless Steel Appliances and beautiful cabinets. Open great room floor plan. All 18'' ceramic tile on main floor. Open loft upstairs for den/office. House is prewired for alarm. Progammable thermostats and zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage. Newer neutral interior paint and modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. Great location. Seller has a lease agreement in place to 4/09/2017. So close early and get extra money in rent or have a little longer Close of Escrow.

30. 2017-05-03
    soldstatus $216,000

    Show marketing remark (713 chars)

    Gorgeous Home with an upgraded kitchen. Stainless Steel Appliances and beautiful cabinets. Open great room floor plan. All 18'' ceramic tile on main floor. Open loft upstairs for den/office. House is prewired for alarm. Progammable thermostats and zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage. Newer neutral interior paint and modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. Great location. Seller has a lease agreement in place to 4/09/2017. So close early and get extra money in rent or have a little longer Close of Escrow.

31. 2017-03-23
    status Pending

    Show marketing remark (713 chars)

    Gorgeous Home with an upgraded kitchen. Stainless Steel Appliances and beautiful cabinets. Open great room floor plan. All 18'' ceramic tile on main floor. Open loft upstairs for den/office. House is prewired for alarm. Progammable thermostats and zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage. Newer neutral interior paint and modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. Great location. Seller has a lease agreement in place to 4/09/2017. So close early and get extra money in rent or have a little longer Close of Escrow.

32. 2017-01-12
    listed $219,000 Active

    Show marketing remark (713 chars)

    Gorgeous Home with an upgraded kitchen. Stainless Steel Appliances and beautiful cabinets. Open great room floor plan. All 18'' ceramic tile on main floor. Open loft upstairs for den/office. House is prewired for alarm. Progammable thermostats and zone control system. Insulation is blown in cellulose. Epoxy flooring in the garage. Newer neutral interior paint and modern led light fixtures. The community offers pool, children's playground, green belts and walking paths, mountain views and plenty of open spaces. Hiking and biking trails are located near by. Great location. Seller has a lease agreement in place to 4/09/2017. So close early and get extra money in rent or have a little longer Close of Escrow.

33. 2016-01-13
    soldstatus $195,000 Closed
34. 2016-01-12
    soldstatus $195,000
35. 2015-12-01
    status Pending
36. 2015-11-27
    listed $199,000 Active

ⓘ 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: $1,617 · $135/mo
• Projected year-2 tax: $2,699 · $225/mo
• Expected delta: +$1,082/yr (+$90/mo · 66.9%)

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,533
• − Mortgage interest: −$22,905
• − Property taxes: −$1,617
• − Insurance: −$2,044
• − Repairs & maintenance: −$2,443
• − Management: −$2,443
• − HOA: −$3,096
• − Depreciation: −$11,895
• Taxable loss: −$15,909
• Est. tax savings @ 24.0%: +$3,818
• After-tax cash flow: $-4,549/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: Deer Valley Unified District (4246)
• NCES district ID: 0407750
• Math proficiency: 50% ▼ -9.00%
• Reading proficiency: 55% ▼ -6.00%
• Median HH income: $72,516
• Composite: 47.0/100
• National rank: #2346
• State rank: #33 of 249 in AZ

Livability — Phoenix

• Score: 75/100
• State rank: #16
• US rank: #3924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Phoenix, AZ
• County: Maricopa County · 4,537,380 people
• City population: 1,500,198
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 21,022
• Household income: $149,087
• Rent vs Own: 10.5% rent · 89.5% own
• Severe rent burden: 81.0

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 (74%)
• Race & ethnicity: White 74% Asian 10% Hispanic / Latino 10% Two or more races 6% Black 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Portuguese 3% Lithuanian 2% Scandinavian 2%
• Foreign-born: 14% · Canada, China, Vietnam
• Languages at home: 83% English-only · Other Indo-European 7% Other Asian/Pacific 3% Spanish 3%

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: ▲ 14.78%
• Current HPI: 289.2128
• Rent YoY: ▲ 2.29%
• 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

+105.5% since first listed

22 events — show timeline

• 2026-06-09 Price Changed $408,900 ARMLS
• 2026-05-12 Listed $413,900 ARMLS
• 2022-09-28 Sold (Public Records) $418,000 Public Records
• 2022-09-28 Sold (MLS) $418,000 ARMLS
• 2022-09-07 Contingent — ARMLS
• 2022-08-29 Price Changed $419,500 ARMLS
• 2022-08-19 Price Changed $419,900 ARMLS
• 2022-08-18 Price Changed $424,500 ARMLS
• 2022-08-15 Price Changed $424,900 ARMLS
• 2022-08-09 Price Changed $425,900 ARMLS
• 2022-08-07 Price Changed $428,500 ARMLS
• 2022-07-31 Price Changed $428,900 ARMLS
• 2022-07-29 Price Changed $429,500 ARMLS
• 2022-07-22 Listed $429,900 ARMLS
• 2017-05-03 Sold (Public Records) $216,000 Public Records
• 2017-05-03 Sold (MLS) $216,000 ARMLS
• 2017-03-23 Pending — ARMLS
• 2017-01-12 Listed $219,000 ARMLS
• 2016-01-13 Sold (MLS) $195,000 ARMLS
• 2016-01-12 Sold (Public Records) $195,000 Public Records
• 2015-12-01 Pending — ARMLS
• 2015-11-27 Listed $199,000 ARMLS

Property tax history

+1.5%/yr

Latest (2025): $1,617 · +1.0% YoY. Source: county tax records.