Ranch home in Scottsdale, AZ
Set in Scottsdale, AZ, this Ranch home provides 4 bedrooms and 2 bathrooms across 2,397 square feet. Its Ranch character defines the property's look.
| Price | $1,249,998 |
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| Beds | 4 |
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| Baths | 2 |
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| Sqft | 2397 |
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| Architectural style | Ranch (55% match) |
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| Address | 8531 E Monterey Way, Scottsdale, AZ 85251 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced a little under the area.
- At $1.2M, this home is 67% above the $750K median for 248 similar Ranch homes in Scottsdale, AZ.
- That works out to $521 per square foot, 22% above the $427 comparable rate.
- On the market 30 days.
| This home | $1,249,998 |
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| Ranch median in Scottsdale, AZ | $749,500 (248 homes) |
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| Price per sq ft | $521 vs. $427 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $7,957/month with 20% down at a 7.28% 30-year fixed rate. You would need about $341,001 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $6,842/mo |
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| Property tax (new-buyer reassessed rate) | $646/mo |
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| Homeowners insurance | $469/mo |
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| Total monthly | $7,957/mo |
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| Down payment (20%) | $250,000 |
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| Income needed | $341,001/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (83 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (83/100) |
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| Beats renting in | 55% of modeled paths |
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| Modeled 5-yr equity (median) | $840,010 |
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| Range (10th to 90th pct) | $560,377 to $1,186,045 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Estately