Condo / High-rise home in Phoenix, AZ
A Condo home in Phoenix, AZ, it offers 1 bedroom and 1 bathroom across 752 square feet. Its Condo character defines the property's look.
| Price | $145,000 |
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| Beds | 1 |
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| Baths | 1 |
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| Sqft | 752 |
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| Architectural style | Condo / High-rise (68% match) |
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| Address | 3131 W Cochise Drive Unit 264, Phoenix, AZ 85051 |
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Why buy this home
- Confirmed Condo / High-rise 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 below comparable homes.
- At $145K, this home is 57% below the $340K median for 343 similar Condo / High-rise homes in Phoenix, AZ.
- That works out to $193 per square foot, 33% below the $289 comparable rate.
- On the market 8 days.
| This home | $145,000 |
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| Condo / High-rise median in Phoenix, AZ | $340,000 (343 homes) |
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| Price per sq ft | $193 vs. $289 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. 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 $923/month with 20% down at a 7.28% 30-year fixed rate. You would need about $39,556 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $794/mo |
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| Property tax (new-buyer reassessed rate) | $75/mo |
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| Homeowners insurance | $54/mo |
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| Total monthly | $923/mo |
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| Down payment (20%) | $29,000 |
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| Income needed | $39,556/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+ (96 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+ (96/100) |
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| Beats renting in | 89% of modeled paths |
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| Modeled 5-yr equity (median) | $131,400 |
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| Range (10th to 90th pct) | $93,557 to $176,402 |
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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 Estately