7600 E Corva Dr · Scottsdale, AZ 85266

$735,000

2 bd · 3.0 ba · 1,518 sqft · SingleFamily public records · 212 Days on market

Built 1999 6,366 sqft lot $484/sqft · 11% below area Est $823k · 11% under $267/mo HOA · 5% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +12.3/15.0
• Cash flow +10.0/30.0
• Schools +5.4/10.0
• Livability +4.0/5.0
• DSCR +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

Key facts

• 6,366 sq ft lot
• 2 garage spots
• Community pool

What this means for you Summary

Snapshot

• This is a 2-bed/3.0-bath single-family listed at $735k.

Deal economics

• At list price, monthly cash flow is $-438 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $658k (10.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $528k (28.1% below list).
• Recommended offer: $528k (28.1% below list) — sets the bar for 1% rule.
• Cap rate 5.6% 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.
• Cave Creek Unified District (4244) (urban): math 57% / reading 59% proficiency, ranked #13 of 249 in AZ (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 8% free/reduced lunch — higher-income household profile.
• Zoned schools: Lone Mountain Elementary School (math 63% / reading 65%, grade B, #115 of 1,109 statewide, top 11%, 423 students, 8% FRL); Sonoran Trails Middle School (math 48% / reading 50%, grade C-, #31 of 218 statewide, top 14%, 761 students, 7% FRL); Cactus Shadows High School (math 49% / reading 46%, grade D, #48 of 381 statewide, top 13%, 1,588 students, 6% FRL) — zoned schools at 7% FRL track the district average.
• Market conditions: 190 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 84% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• This rent runs 42% of the median local income ($152k/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 $5k of loan paydown is wiped out by about $22k 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 212 days — a 12% lower offer ($647k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 20y ago; this cycle's ask has dropped $100k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $528,445 (28.1% 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 212 days. Have you received any prior offers? Is the seller open to a 28% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
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 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: 0.72% ✗
• Cap rate: 5.58%
• Cash-on-cash: -2.56%
• DSCR: 0.89
• GRM: 11.6

CMA / ARV

• ARV (median comp): $822,848
• List price: $735,000
• Delta: -10.68%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7600 E Corva Dr	0.00mi	2/2.0	1,518 (0%)	0mo	$725,000	$478	96
30883 N 74th Way	0.11mi	2/2.0	1,518 (0%)	22mo	$810,000	$534	73
7648 E Corva Dr	0.07mi	2/2.0	1,706 (+12%)	1mo	$735,000	$431	71
7641 E Balao Dr	0.10mi	3/3.0 (+1)	1,394 (-8%)	7mo	$740,000	$531	71
7607 E Corva Dr	0.03mi	2/2.0	1,706 (+12%)	16mo	$943,500	$553	61
30994 N 74th Way	0.09mi	2/2.0	1,706 (+12%)	15mo	$835,000	$489	59
7256 E Visao Dr	0.40mi	3/3.0 (+1)	1,706 (+12%)	4mo	$920,000	$539	52

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

Projected returns pro-forma

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

5-year hold

• IRR: -20.6%
• Equity multiple: 0.28×
• Total profit: $-147,226
• Equity at exit: $109,591

10-year hold

• IRR: -13.9%
• Equity multiple: 0.20×
• Total profit: $-164,991
• Equity at exit: $63,549

Cash invested: $205,800 (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 85266

• Home prices YoY: -20.5%
• Active inventory: 190
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $5,284 high
• Mortgage (P&I): −$3,854
• Tax from tax record: −$185 /mo · $2,225/yr
• Insurance: −$306
• HOA: −$267
• Vacancy / Maint / Mgmt: −$1,110
• Net cashflow: $-438

Break-even live

Break-even rent $5,839

Max offer price $657,566

Occupancy floor —

Sensitivity live

Price	-10% $-22	-5% $-230	+0% $-438	+5% $-646	+10% $-854
Rent	-10% $-856	-5% $-647	+0% $-438	+5% $-230	+10% $-21
Rate	-1.0pp $-68	-0.5pp $-251	base $-438	+0.5pp $-629	+1.0pp $-823

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: $183,750
• Closing costs: $22,050
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7771 E Visao Dr Scottsdale, AZ	3.0	3.0	2137	$10,000	$4.68	45d	1	0.34mi
7232 E Eclipse Dr Scottsdale, AZ	2.0	2.0	1856	$3,500	$1.89	45d	1	0.86mi
7122 E Aloe Vera Dr Scottsdale, AZ	2.0	2.0	1609	$6,400	$3.98	45d	1	1.21mi
6703 E Calle de Las Estrellas Rd Unit 2 Cave Creek, AZ	3.0	2.0	1600	$2,500	$1.56	3d	1	1.23mi
32924 N 73rd Way Scottsdale, AZ	3.0	3.0	2109	$5,500	$2.61	3d	1	1.27mi
32782 N 71st St Scottsdale, AZ	2.0	2.0	1974	$5,500	$2.79	45d	1	1.28mi
32707 N 70th St Scottsdale, AZ	2.0	2.0	1628	$5,500	$3.38	45d	1	1.31mi
7491 E Quien Sabe Way Scottsdale, AZ	2.0	2.0	1520	$2,800	$1.84	26d	1	1.31mi
7387 E Quien Sabe Way Scottsdale, AZ	2.0	2.0	1734	$3,750	$2.16	20d	1	1.33mi
32811 N 70th St Scottsdale, AZ	2.0	2.0	1609	$5,000	$3.11	45d	1	1.34mi
7403 E Quien Sabe Way Scottsdale, AZ	2.0	2.0	1734	$5,500	$3.17	45d	1	1.34mi
7295 E Sunset Sky Cir Scottsdale, AZ	2.0	2.0	1986	$4,500	$2.27	45d	1	1.35mi
6610 E Dixileta Dr Cave Creek, AZ	3.0	2.0	1610	$3,800	$2.36	45d	1	1.36mi
7394 E Quien Sabe Way Scottsdale, AZ	2.0	2.0	1734	$5,500	$3.17	45d	1	1.37mi
32962 N 71st St Scottsdale, AZ	2.0	2.0	1974	$8,000	$4.05	45d	1	1.37mi
6939 E Bramble Berry Ln Scottsdale, AZ	2.0	2.0	1424	$5,500	$3.86	45d	1	1.37mi
32761 N 69th St Scottsdale, AZ	2.0	2.0	1974	$5,200	$2.63	45d	1	1.38mi
33094 N 74th Pl Scottsdale, AZ	2.0	2.0	1734	$5,500	$3.17	45d	1	1.38mi
32748 N 69th St Scottsdale, AZ	2.0	2.0	1421	$5,000	$3.52	45d	1	1.40mi
32764 N 69th St Scottsdale, AZ	2.0	2.0	1670	$5,500	$3.29	45d	1	1.41mi
6925 E Sienna Bouquet Pl Scottsdale, AZ	2.0	2.0	1409	$4,700	$3.34	45d	1	1.42mi
6917 E Sienna Bouquet Pl Scottsdale, AZ	3.0	3.0	1931	$6,000	$3.11	45d	1	1.42mi
6951 E Hibiscus Way Scottsdale, AZ	3.0	3.0	1973	$6,000	$3.04	45d	1	1.43mi
28685 N 73rd St Scottsdale, AZ	3.0	2.0	2192	$4,750	$2.17	45d	1	1.45mi
32876 N 69th St Scottsdale, AZ	2.0	2.0	1974	$4,900	$2.48	45d	1	1.46mi

HOA detail

• Monthly dues: $267 · $3,204/yr
• Likely covers: poolgymsecurity

Listing history 28 events

1. 2026-06-07
   statusdays on market $735,000 Pending 212 DOM
2. 2026-06-04
   days on market $735,000 Under Contract Accepting Backups 211 DOM
3. 2026-06-03
   days on market $735,000 Under Contract Accepting Backups 210 DOM
4. 2026-06-02
   days on market $735,000 Under Contract Accepting Backups 209 DOM
5. 2026-06-01
   days on market $735,000 Under Contract Accepting Backups 208 DOM
6. 2026-05-31
   days on market $735,000 Under Contract Accepting Backups 207 DOM
7. 2026-05-08
   historical Under Contract Accepting Backups 1129-char remark

   Show marketing remark (1129 chars)

   Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

8. 2026-05-05
   price $735,000 1129-char remark

   Show marketing remark (1129 chars)

   Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

9. 2026-04-01
   price $760,000 1129-char remark

   Show marketing remark (1129 chars)

   Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

10. 2026-03-02
    price $775,000 1129-char remark

    Show marketing remark (1129 chars)

    Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

11. 2026-02-10
    price $799,000 1129-char remark

    Show marketing remark (1129 chars)

    Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

12. 2026-01-23
    price $825,000 1129-char remark

    Show marketing remark (1129 chars)

    Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

13. 2025-11-06
    listed $835,000 Active 1129-char remark

    Show marketing remark (1129 chars)

    Best Value in Bellasera, a highly sought-after, guard-gated community located in North Scottsdale. This beautifully updated 2 bedroom home offers an exceptional affordable resort-style living experience. The residence features 1,518 square feet of well-designed living space. Recent tasteful updates include new quartz countertops, fresh full interior paint, and an updated fireplace that enhances the great room's ambiance. The open floor plan includes an extended primary suite, providing extra comfort and privacy, as well as a 2.5 car extended garage equipped with A/C and epoxy floor. Enjoy the tranquility of backing to Open Space, which creates a private backyard setting. The patio is perfect for entertaining, featuring a charming Kiva Fireplace and built-in BBQ, ideal for gatherings. The Patio features a charming Kiva Fireplace and a built-in BBQ, ideal for gatherings with family and friends. Residents of Bellasera enjoy access to a variety of premium amenities, including a state-of-the-art fitness center, a heated beach entry pool, lap pool, relaxing spa, tennis and pickleball courts, and a dedicated dog park.

14. 2023-12-21
    soldstatus $725,000 Closed 799-char remark

    Show marketing remark (799 chars)

    Bellasera ! One of the most sought after communities in North Scottsdale ! Situated at the base of Lone Mountain, Bellasera is a Sonoran Desert gem developed on 290 acres with luxury amenities. Seasonally occupied, this lovely home provides perfect resort style living. Recent tasteful updates include new quartz kitchen counters. This great room floorplan includes both an extended primary suite and 2.5 car extended garage with A/C and epoxy floor, newer HVAC, roof and extended patio with Kiva fireplace, built-in BBQ, new landscape lighting and irrigation. New plantation shutters throughout, and pristine condition make this home a Bellasera beauty ! Guard gated community includes fitness center, heated beach entry and lap pool, spa, tennis and pickleball courts, basketball and a dog park !!

15. 2023-12-21
    soldstatus $725,000

    Show marketing remark (799 chars)

    Bellasera ! One of the most sought after communities in North Scottsdale ! Situated at the base of Lone Mountain, Bellasera is a Sonoran Desert gem developed on 290 acres with luxury amenities. Seasonally occupied, this lovely home provides perfect resort style living. Recent tasteful updates include new quartz kitchen counters. This great room floorplan includes both an extended primary suite and 2.5 car extended garage with A/C and epoxy floor, newer HVAC, roof and extended patio with Kiva fireplace, built-in BBQ, new landscape lighting and irrigation. New plantation shutters throughout, and pristine condition make this home a Bellasera beauty ! Guard gated community includes fitness center, heated beach entry and lap pool, spa, tennis and pickleball courts, basketball and a dog park !!

16. 2023-12-01
    historical Under Contract Accepting Backups 799-char remark

    Show marketing remark (799 chars)

    Bellasera ! One of the most sought after communities in North Scottsdale ! Situated at the base of Lone Mountain, Bellasera is a Sonoran Desert gem developed on 290 acres with luxury amenities. Seasonally occupied, this lovely home provides perfect resort style living. Recent tasteful updates include new quartz kitchen counters. This great room floorplan includes both an extended primary suite and 2.5 car extended garage with A/C and epoxy floor, newer HVAC, roof and extended patio with Kiva fireplace, built-in BBQ, new landscape lighting and irrigation. New plantation shutters throughout, and pristine condition make this home a Bellasera beauty ! Guard gated community includes fitness center, heated beach entry and lap pool, spa, tennis and pickleball courts, basketball and a dog park !!

17. 2023-11-15
    price $775,000 799-char remark

    Show marketing remark (799 chars)

    Bellasera ! One of the most sought after communities in North Scottsdale ! Situated at the base of Lone Mountain, Bellasera is a Sonoran Desert gem developed on 290 acres with luxury amenities. Seasonally occupied, this lovely home provides perfect resort style living. Recent tasteful updates include new quartz kitchen counters. This great room floorplan includes both an extended primary suite and 2.5 car extended garage with A/C and epoxy floor, newer HVAC, roof and extended patio with Kiva fireplace, built-in BBQ, new landscape lighting and irrigation. New plantation shutters throughout, and pristine condition make this home a Bellasera beauty ! Guard gated community includes fitness center, heated beach entry and lap pool, spa, tennis and pickleball courts, basketball and a dog park !!

18. 2023-10-30
    listed $825,000 Active 799-char remark

    Show marketing remark (799 chars)

    Bellasera ! One of the most sought after communities in North Scottsdale ! Situated at the base of Lone Mountain, Bellasera is a Sonoran Desert gem developed on 290 acres with luxury amenities. Seasonally occupied, this lovely home provides perfect resort style living. Recent tasteful updates include new quartz kitchen counters. This great room floorplan includes both an extended primary suite and 2.5 car extended garage with A/C and epoxy floor, newer HVAC, roof and extended patio with Kiva fireplace, built-in BBQ, new landscape lighting and irrigation. New plantation shutters throughout, and pristine condition make this home a Bellasera beauty ! Guard gated community includes fitness center, heated beach entry and lap pool, spa, tennis and pickleball courts, basketball and a dog park !!

19. 2009-06-08
    soldstatus $330,000
20. 2009-06-08
    soldstatus $330,000
21. 2009-05-08
    historical
22. 2008-11-17
    listed $349,900
23. 2006-11-10
    soldstatus $450,000
24. 2006-11-09
    soldstatus $450,000
25. 2006-11-06
    historical
26. 2006-09-22
    listed $459,950
27. 2006-06-19
    historical
28. 2006-03-20
    listed $479,950

ⓘ 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: $2,225 · $185/mo
• Projected year-2 tax: $4,851 · $404/mo
• Expected delta: +$2,626/yr (+$219/mo · 118.1%)

ⓘ 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 ≥109°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $63,413
• − Mortgage interest: −$41,171
• − Property taxes: −$2,225
• − Insurance: −$3,675
• − Repairs & maintenance: −$5,073
• − Management: −$5,073
• − HOA: −$3,204
• − Depreciation: −$21,382
• Taxable loss: −$18,390
• Est. tax savings @ 24.0%: +$4,413
• After-tax cash flow: $-847/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: Cave Creek Unified District (4244)
• NCES district ID: 0400001
• Math proficiency: 57% ▼ -9.00%
• Reading proficiency: 59% ▼ -8.00%
• Median HH income: $102,788
• Composite: 54.46/100
• National rank: #1351
• State rank: #13 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): 12,516
• Household income: $151,923
• Rent vs Own: 2.4% rent · 97.6% own
• Severe rent burden: 51.0

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 (86%)
• Race & ethnicity: White 86% Asian 6% Two or more races 4% Hispanic / Latino 3% Black 1%
• Common ancestry: Romanian 5% Portuguese 3% Slovak 3%
• Foreign-born: 12% · Canada, China, Vietnam
• Languages at home: 93% English-only · Russian/Polish/Slavic 1% Other Indo-European 1% Spanish 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: ▼ -79.44%
• Current HPI: 308.0227
• Rent YoY: —
• 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

+53.1% since first listed

22 events — show timeline

• 2026-05-08 Contingent — ARMLS
• 2026-05-05 Price Changed $735,000 ARMLS
• 2026-04-01 Price Changed $760,000 ARMLS
• 2026-03-02 Price Changed $775,000 ARMLS
• 2026-02-10 Price Changed $799,000 ARMLS
• 2026-01-23 Price Changed $825,000 ARMLS
• 2025-11-06 Listed $835,000 ARMLS
• 2023-12-21 Sold (Public Records) $725,000 Public Records
• 2023-12-21 Sold (MLS) $725,000 ARMLS
• 2023-12-01 Contingent — ARMLS
• 2023-11-15 Price Changed $775,000 ARMLS
• 2023-10-30 Listed $825,000 ARMLS
• 2009-06-08 Sold (Public Records) $330,000 Public Records
• 2009-06-08 Sold (MLS) $330,000 ARMLS
• 2009-05-08 Listing Removed — ARMLS
• 2008-11-17 Listed $349,900 ARMLS
• 2006-11-10 Sold (MLS) $450,000 ARMLS
• 2006-11-09 Sold (Public Records) $450,000 Public Records
• 2006-11-06 Listing Removed — ARMLS
• 2006-09-22 Listed $459,950 ARMLS
• 2006-06-19 Listing Removed — ARMLS
• 2006-03-20 Listed $479,950 ARMLS

Property tax history

+2.6%/yr

Latest (2025): $2,225 · +0.8% YoY. Source: county tax records.