Mediterranean home in 8192 E Cortez Dr Scottsdale, AZ
Set in Scottsdale, AZ, this Mediterranean home provides 3 bedrooms and 2 bathrooms across 2,197 square feet. The Mediterranean styling carries through the home's design.
| Price | $1,150,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 2197 |
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| Architectural style | Mediterranean (74% match) |
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| Address | 8192 E Cortez Dr Scottsdale, AZ 85260 |
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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 below comparable homes.
- At $1.1M, this home is 34% below the $1.7M median for 636 similar Mediterranean homes in Scottsdale, AZ.
- That works out to $523 per square foot, 2% below the $532 comparable rate.
- On the market 73 days, longer than usual here, so the seller may be open to offers.
| This home | $1,150,000 |
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| Mediterranean median in Scottsdale, AZ | $1,749,000 (636 homes) |
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| Price per sq ft | $523 vs. $532 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 $7,320/month with 20% down at a 7.28% 30-year fixed rate. You would need about $313,722 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $6,295/mo |
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| Property tax (new-buyer reassessed rate) | $594/mo |
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| Homeowners insurance | $431/mo |
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| Total monthly | $7,320/mo |
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| Down payment (20%) | $230,000 |
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| Income needed | $313,722/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 (73 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 (73/100) |
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| Beats renting in | 31% of modeled paths |
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| Modeled 5-yr equity (median) | $655,974 |
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| Range (10th to 90th pct) | $419,154 to $929,327 |
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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