Mediterranean home in 12228 E Cortez Dr Scottsdale, AZ
A Mediterranean home in Scottsdale, AZ, it offers 4 bedrooms and 3 bathrooms. The Mediterranean styling carries through the home's design.
| Price | $2,088,000 |
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| Beds | 4 |
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| Baths | 3 |
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| Architectural style | Mediterranean (44% match) |
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| Address | 12228 E Cortez Dr Scottsdale, AZ 85259 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $2.1M, this home is 19% above the $1.7M median for 636 similar Mediterranean homes in Scottsdale, AZ.
- On the market 33 days.
No square footage is listed, so the per-square-foot comparison is not available. 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 $13,291/month with 20% down at a 7.28% 30-year fixed rate. You would need about $569,609 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $11,429/mo |
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| Property tax (new-buyer reassessed rate) | $1,079/mo |
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| Homeowners insurance | $783/mo |
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| Total monthly | $13,291/mo |
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| Down payment (20%) | $417,600 |
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| Income needed | $569,609/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 B (70 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 | B (70/100) |
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| Beats renting in | 26% of modeled paths |
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| Modeled 5-yr equity (median) | $1,159,960 |
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| Range (10th to 90th pct) | $729,366 to $1,663,293 |
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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 Movoto