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7430 E Chaparral Rd Unit A242
D Composite 40.01
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 +10.3/15.0
  • Cash flow +9.1/30.0
  • Schools +4.8/10.0
  • Livability +4.0/5.0
  • Rent growth +3.8/5.0
  • 1% rule +3.0/10.0
  • DSCR +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$295,000

7430 E Chaparral Rd Unit A242 · Scottsdale, AZ 85250
2 bd · 2.0 ba · 1,002 sqft · Condo public records · 48 Days on market
Built 1975 $294/sqft · 6% below area Est $314k · 6% under $346/mo HOA · 15% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

Key facts

  • Plantation shutters
  • Charming balcony
  • $346 HOA

Tags

UPDATED PRIMARY BATHROOMPLANTATION SHUTTERSCHARMING BALCONYTRANQUIL WATER FOUNTAINSCENIC WALKING AND BIKING PATH

Property features AI

Finance

  • Other: Lot features reported from assessor
  • HOA & community: Has homeowners association; Monthly association fee of $346 covering grounds maintenance; Community pool and spa (heated); Coin-operated laundry; Near bus stop; Biking/walking path

Exterior

  • Parking: Assigned parking; Detached carport (1 covered space, 1 carport space)
  • Utilities: City water; Public sewer
  • Home design: Condominium (apartment); Attached property
  • Construction: Stucco and wood frame construction; Painted exterior; Built-up roof
  • Exterior features: Balcony; Storage; Sprinklers front and rear; Grass in back; Automatic timer watering in back; Asphalt road access

Interior

  • Kitchen: Built-in microwave; Non-laminate counters; Refrigerator; Dishwasher; Disposal; Pantry
  • Bedrooms: 2 possible bedrooms
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heating; Central air; Ceiling fans; Programmable thermostat
  • Interior features: High-speed internet; Breakfast bar; No interior steps; Pantry; Primary bedroom with 3/4 bath; Dual-pane windows
  • Laundry & utility: Indoor laundry

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 $295k.

Deal economics

  • At list price, monthly cash flow is $-226 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $255k (13.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (19.9% below list).
  • Recommended offer: $236k (19.9% below list) — sets the bar for 1% rule.
  • Cap rate 5.4% 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: Kiva Elementary School (math 66% / reading 67%, grade B+, #79 of 1,109 statewide, top 7%, 527 students, 10% 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 22% FRL track the district average.
  • Market conditions: Rents rising fast (+5.2%/yr); 214 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 48 days — a 3% lower offer ($286k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 25y 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: extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $236,271 (19.9% 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 48 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  3. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. 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?
  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
0.80%
Cap rate
5.37%
Cash-on-cash
-3.29%
DSCR
0.85
GRM
10.4

CMA / ARV

ARV (median comp)
$314,339
List price
$295,000
Delta
-6.15%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 5.17% rent growth · sell at horizon

5-year hold
IRR
-19.3%
Equity multiple
0.31×
Total profit
$-56,889
Equity at exit
$43,985
10-year hold
IRR
-7.9%
Equity multiple
0.45×
Total profit
$-45,223
Equity at exit
$25,506

Cash invested: $82,600 (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 85250

Rents YoY
5.2%
Active inventory
214
Price-to-rent
10.4×

Monthly cashflow live

Estimated rent
$2,363 high interval (Pro) →
Mortgage (P&I)
$1,547
Tax from tax record
$77 /mo · $925/yr
Insurance
$123
HOA
$346
Vacancy / Maint / Mgmt
$496
Net cashflow
$-226

Break-even live

Break-even rent $2,649
Max offer price $254,990
Occupancy floor

Sensitivity live

Price -10% $-59 -5% $-143 +0% $-226 +5% $-310 +10% $-393
Rent -10% $-413 -5% $-320 +0% $-226 +5% $-133 +10% $-40
Rate -1.0pp $-78 -0.5pp $-151 base $-226 +0.5pp $-303 +1.0pp $-381

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
$73,750
Closing costs
$8,850
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
7430 E Chaparral Rd Unit A2533 Scottsdale, AZ 2.0 2.0 1002 $1,750 $1.75 26d 1 0.01mi
7430 E Chaparral Rd Scottsdale, AZ 1.0–2.0 1.0–2.0 862 $2,450 $2.84 5d 4 0.01mi
7430 E Chaparral Rd Unit 125A Scottsdale, AZ 2.0 2.0 1000 $1,600 $1.60 26d 1 0.02mi
7414 E Northland Dr Scottsdale, AZ 2.0 3.0 1253 $2,000 $1.60 26d 1 0.05mi
7414 E Northland Dr Unit A106 Scottsdale, AZ 2.0 2.5 1253 $2,000 $1.60 26d 1 0.05mi
7333 E Chaparral Rd Scottsdale, AZ 2.0 2.0 1215 $2,274 $1.87 14d 1 0.05mi
7333 E Chaparral Rd Scottsdale, AZ 3.0 2.0 1363 $2,599 $1.91 45d 1 0.05mi
7333 E Chaparral Rd Scottsdale, AZ 1.0 1.0 913 $1,799 $1.97 13d 1 0.05mi
7333 E Chaparral Rd Scottsdale, AZ 2.0–3.0 2.0 1289 $2,274 $1.76 7d 5 0.05mi
7436 E Chaparral Rd Scottsdale, AZ 1.0–2.0 1.0–2.0 790 $4,750 $6.01 5d 6 0.07mi
7436 E Chaparral Rd Scottsdale, AZ 1.0–2.0 1.0–2.0 790 $4,750 $6.01 20d 3 0.07mi
4924 N Woodmere Fairway Unit 2 Scottsdale, AZ 2.0 1.0 850 $2,750 $3.24 45d 1 0.08mi
7401 E Northland Dr #4 Scottsdale, AZ 3.0 2.0 1138 $3,500 $3.08 0d 1 0.09mi
7401 E Northland Dr Scottsdale, AZ 2.0–3.0 2.0 1180 $3,500 $2.97 45d 3 0.10mi
4848 N Woodmere Fairway Scottsdale, AZ 2.0 1.5 1152 $2,495 $2.17 1d 1 0.14mi
4848 N Woodmere Fairway #15 Scottsdale, AZ 2.0 1.5 1200 $2,499 $2.08 45d 1 0.15mi
4848 N Woodmere Fairway #5 Scottsdale, AZ 2.0 1.5 1112 $1,890 $1.70 6d 1 0.15mi
7333 E Chaparral Rd Unit 2 Scottsdale, AZ 2.0 2.0 1215 $2,274 $1.87 9d 1 0.16mi
7333 E Chaparral Rd Unit 1 Scottsdale, AZ 1.0 1.0 913 $1,799 $1.97 9d 1 0.16mi
4950 N Miller Rd Scottsdale, AZ 1.0 1.0 726 $1,388 $1.91 18d 3 0.17mi
4950 N Miller Rd Scottsdale, AZ 1.0 1.0 726 $1,425 $1.96 1d 2 0.17mi
5100 N Miller Rd Scottsdale, AZ 2.0 2.0–2.5 1377 $2,325 $1.69 1d 2 0.17mi
4917 N 73rd St Scottsdale, AZ 2.0 2.0 999 $1,495 $1.50 9d 1 0.17mi
4917 N 73rd St #17 Scottsdale, AZ 2.0 2.0 999 $1,520 $1.52 20d 1 0.17mi
4917 N 73rd St #15 Scottsdale, AZ 2.0 2.0 999 $2,500 $2.50 45d 1 0.17mi
4950 N Miller Rd #230 Scottsdale, AZ 2.0 2.0 1350 $2,999 $2.22 45d 1 0.18mi
4950 N Miller Rd #339 Scottsdale, AZ 1.0 1.0 726 $1,800 $2.48 26d 1 0.18mi
4950 N Miller Rd Unit ROAD200 Scottsdale, AZ 2.0 2.0 1100 $2,100 $1.91 5d 1 0.18mi
7290 E Rancho Vista Dr Scottsdale, AZ 2.0 3.0 1145 $2,195 $1.92 45d 1 0.20mi
5100 N Miller Rd #10 Scottsdale, AZ 2.0 2.0 1178 $2,575 $2.19 45d 1 0.21mi
4803 N Woodmere Fairway #2005 Scottsdale, AZ 2.0 2.0 1378 $3,300 $2.39 26d 1 0.24mi
4850 N 73rd St Scottsdale, AZ 2.0 1.5 1114 $2,300 $2.06 1d 1 0.27mi
4804 N 73rd St Scottsdale, AZ 2.0 1.5 1075 $2,250 $2.09 5d 1 0.29mi
4818 N 73rd St Scottsdale, AZ 2.0 1.5 1075 $2,350 $2.19 16d 1 0.30mi
7634 E Medlock Dr Scottsdale, AZ 2.0 2.0 1274 $3,500 $2.75 45d 1 0.33mi
4707 N 73rd St Scottsdale, AZ 3.0 2.0 1442 $12,995 $9.01 45d 1 0.33mi
7161 E Rancho Vista Dr #1013 Scottsdale, AZ 2.0 2.5 1355 $3,195 $2.36 9d 1 0.37mi
7161 E Rancho Vista Dr #4003 Scottsdale, AZ 2.0 2.0 1307 $4,500 $3.44 9d 1 0.37mi
7161 E Rancho Vista Dr #1003 Scottsdale, AZ 1.0 1.0 1046 $5,500 $5.26 0d 1 0.37mi
4747 N Scottsdale Rd #4007 Scottsdale, AZ 2.0 2.5 1475 $10,000 $6.78 5d 1 0.38mi

HOA detail condo

Monthly dues
$346 · $4,152/yr
Likely covers
waterlandscaping
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 45 events

  1. 2026-06-21
    days on market $295,000 Active 48 DOM
  2. 2026-06-18
    days on market $295,000 Active 45 DOM
  3. 2026-06-17
    days on market $295,000 Active 44 DOM
  4. 2026-06-16
    days on market $295,000 Active 43 DOM
  5. 2026-06-15
    days on market $295,000 Active 42 DOM
  6. 2026-06-13
    days on market $295,000 Active 40 DOM
  7. 2026-06-13
    days on market $295,000 Active 39 DOM
  8. 2026-06-09
    days on market $295,000 Active 36 DOM
  9. 2026-06-08
    days on market $295,000 Active 35 DOM
  10. 2026-06-07
    days on market $295,000 Active 34 DOM
  11. 2026-06-04
    days on market $295,000 Active 31 DOM
  12. 2026-06-03
    days on market $295,000 Active 30 DOM
  13. 2026-06-02
    days on market $295,000 Active 29 DOM
  14. 2026-06-01
    days on market $295,000 Active 28 DOM
  15. 2026-05-31
    days on market $295,000 Active 27 DOM
  16. 2026-05-12
    price $295,000 778-char remark
  17. 2026-05-04
    listed $310,000 Active 778-char remark
  18. 2023-09-29
    soldstatus $310,000 Closed 1171-char remark
    Show marketing remark (1171 chars)

    Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

  19. 2023-09-29
    soldstatus $310,000
    Show marketing remark (1171 chars)

    Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

  20. 2023-08-28
    status Pending 1171-char remark
    Show marketing remark (1171 chars)

    Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

  21. 2023-08-02
    status Active 1171-char remark
    Show marketing remark (1171 chars)

    Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

  22. 2023-07-10
    historical 1171-char remark
    Show marketing remark (1171 chars)

    Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

  23. 2023-06-10
    price $326,500 1171-char remark
    Show marketing remark (1171 chars)

    Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

  24. 2023-04-14
    listed $329,700 Active 1171-char remark
    Show marketing remark (1171 chars)

    Welcome to the amazing Winfield Place! Your New Home or Vacation Home get away awaits your arrival!!! This lovely two bedroom two bath condo with newly added washer & dryer hook up is perfectly situated within the well-maintained grounds of Winfield Place. In the most sought after location in Sunny Scottsdale, it's just minutes away from everything you will need. Once you've stepped into this gem you will be embraced with its calming neutral color palette and plantation shutters throughout making this so inviting. The spacious living room and dining room is ideal for entertaining or family living, it also offers an enchanting balcony, overlooking a tranquil water fountain to sit and relax bye. the location is perfect for taking a stroll or a bike ride as it sits beside the canal, which offers a scenic walking path to " Old Town Scottsdale" which is only a few minutes away. This property is just blocks away from Fashion Square Mall, the Best restaurants, Golf courses, parks, and schools. Its easy access to the 101 Fwy makes travelling a breeze. Come see this fabulous condo before it's gone, It's a terrific buy you don't want to miss!!!

  25. 2011-06-16
    soldstatus $110,000
  26. 2011-06-15
    soldstatus $110,000 Closed
    Show marketing remark (547 chars)

    FULLY FURNISHED Beautifully updated two bedroom condo on upper level so you have more privacy, nice breeze flowing through the unit, and no one making noise overhead. Furnished very tastfully (See Photos) Ready to use and enjoy. The kitchen offers updated appliances and Corian counter tops. The bar area is open between kitchen and dining for conversation with the cook. This condo is situated in an ideal relaxing spot overlooking a fountain and creek, far away from the busy street noise and traffic. Walk or bike along the canal to Old Town.

  27. 2011-05-08
    status Pending
    Show marketing remark (547 chars)

    FULLY FURNISHED Beautifully updated two bedroom condo on upper level so you have more privacy, nice breeze flowing through the unit, and no one making noise overhead. Furnished very tastfully (See Photos) Ready to use and enjoy. The kitchen offers updated appliances and Corian counter tops. The bar area is open between kitchen and dining for conversation with the cook. This condo is situated in an ideal relaxing spot overlooking a fountain and creek, far away from the busy street noise and traffic. Walk or bike along the canal to Old Town.

  28. 2011-04-13
    listed $115,000 Active
    Show marketing remark (547 chars)

    FULLY FURNISHED Beautifully updated two bedroom condo on upper level so you have more privacy, nice breeze flowing through the unit, and no one making noise overhead. Furnished very tastfully (See Photos) Ready to use and enjoy. The kitchen offers updated appliances and Corian counter tops. The bar area is open between kitchen and dining for conversation with the cook. This condo is situated in an ideal relaxing spot overlooking a fountain and creek, far away from the busy street noise and traffic. Walk or bike along the canal to Old Town.

  29. 2002-10-16
    soldstatus $93,500
  30. 2002-07-19
    historical
  31. 2002-07-17
    listed $93,000
  32. 2002-07-17
    historical
  33. 2002-05-31
    listed $94,900
  34. 2002-05-31
    historical
  35. 2002-05-10
    listed $99,900
  36. 2002-05-10
    historical
  37. 2002-03-28
    listed $99,900
  38. 2002-03-28
    historical
  39. 2002-02-06
    listed $99,900
  40. 2001-08-06
    historical
  41. 2001-06-19
    listed $104,900
  42. 2001-06-19
    historical
  43. 2001-04-28
    listed $109,900
  44. 1997-04-16
    soldstatus $81,500
  45. 1981-03-30
    soldstatus $72,000

ⓘ 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
$925 · $77/mo
Projected year-2 tax
$1,947 · $162/mo
Expected delta
+$1,022/yr (+$85/mo · 110.4%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 6 d/yr ≥112°F today · 15 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,353
− Mortgage interest
−$16,525
− Property taxes
−$925
− Insurance
−$1,475
− Repairs & maintenance
−$2,268
− Management
−$2,268
− HOA
−$4,152
− Depreciation
−$8,582
Taxable loss
−$7,843
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,882
After-tax cash flow
$-836/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)
15,394
Household income
$95,761
Rent vs Own
21.9% rent · 78.1% own
Severe rent burden
288.0

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 8% Two or more races 8% Asian 5% Native American 2% Black 1%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Romanian 4% Portuguese 2% Lithuanian 2%
Foreign-born
10% · Canada, South Korea, Vietnam
Languages at home
91% English-only · Spanish 4% Other Indo-European 2% 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
▼ -568.01%
Current HPI
385.5354
Rent YoY
▲ 5.17%
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

+309.7% since first listed
30 events — show timeline
  • 2026-05-12 Price Changed $295,000 ARMLS
  • 2026-05-04 Listed $310,000 ARMLS
  • 2023-09-29 Sold (Public Records) $310,000 Public Records
  • 2023-09-29 Sold (MLS) $310,000 ARMLS
  • 2023-08-28 Pending ARMLS
  • 2023-08-02 Relisted ARMLS
  • 2023-07-10 Listing Removed ARMLS
  • 2023-06-10 Price Changed $326,500 ARMLS
  • 2023-04-14 Listed $329,700 ARMLS
  • 2011-06-16 Sold (Public Records) $110,000 Public Records
  • 2011-06-15 Sold (MLS) $110,000 ARMLS
  • 2011-05-08 Pending ARMLS
  • 2011-04-13 Listed $115,000 ARMLS
  • 2002-10-16 Sold (Public Records) $93,500 Public Records
  • 2002-07-19 Listing Removed ARMLS
  • 2002-07-17 Listing Removed ARMLS
  • 2002-07-17 Listed $93,000 ARMLS
  • 2002-05-31 Listing Removed ARMLS
  • 2002-05-31 Listed $94,900 ARMLS
  • 2002-05-10 Listing Removed ARMLS
  • 2002-05-10 Listed $99,900 ARMLS
  • 2002-03-28 Listing Removed ARMLS
  • 2002-03-28 Listed $99,900 ARMLS
  • 2002-02-06 Listed $99,900 ARMLS
  • 2001-08-06 Listing Removed ARMLS
  • 2001-06-19 Listing Removed ARMLS
  • 2001-06-19 Listed $104,900 ARMLS
  • 2001-04-28 Listed $109,900 ARMLS
  • 1997-04-16 Sold (Public Records) $81,500 Public Records
  • 1981-03-30 Sold (Public Records) $72,000 Public Records

Property tax history

+0.8%/yr

Latest (2025): $925 · +4.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…