home in Phoenix, AZ
Set in Phoenix, AZ, this home provides 5 bedrooms and 6 bathrooms across 4,646 square feet.
| Price | $3,545,000 |
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| Beds | 5 |
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| Baths | 6 |
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| Sqft | 4646 |
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| Address | 2901 E PIERSON Street, Phoenix, AZ 85016 |
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Why buy this home
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
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 $22,565/month with 20% down at a 7.28% 30-year fixed rate. You would need about $967,081 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $19,404/mo |
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| Property tax (new-buyer reassessed rate) | $1,832/mo |
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| Homeowners insurance | $1,329/mo |
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| Total monthly | $22,565/mo |
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| Down payment (20%) | $709,000 |
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| Income needed | $967,081/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) | $2,413,821 |
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| Range (10th to 90th pct) | $1,609,461 to $3,362,213 |
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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 Phoenix, AZ where local data is thin.
Local home values
Typical home values in Phoenix, AZ have risen about 8% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia