Ranch home in 8651 E Royal Palm Rd #127 Scottsdale, AZ
Set in Scottsdale, AZ, this Ranch condo provides 2 bedrooms and 2 bathrooms across 1,116 square feet. Its Ranch character defines the property's look.
| Price | $355,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1116 |
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| Architectural style | Ranch (36% match) |
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| Address | 8651 E Royal Palm Rd #127 Scottsdale, AZ 85258 |
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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 Movoto.
Is this a good buy?
Priced below comparable homes.
- At $355K, this home is 53% below the $750K median for 248 similar Ranch homes in Scottsdale, AZ.
- That works out to $318 per square foot, 26% below the $427 comparable rate.
- On the market 9 days.
| This home | $355,000 |
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| Ranch median in Scottsdale, AZ | $749,500 (248 homes) |
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| Price per sq ft | $318 vs. $427 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 $2,260/month with 20% down at a 7.28% 30-year fixed rate. You would need about $96,844 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,943/mo |
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| Property tax (new-buyer reassessed rate) | $183/mo |
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| Homeowners insurance | $133/mo |
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| Total monthly | $2,260/mo |
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| Down payment (20%) | $71,000 |
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| Income needed | $96,844/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 (74 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 (74/100) |
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| Beats renting in | 34% of modeled paths |
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| Modeled 5-yr equity (median) | $208,031 |
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| Range (10th to 90th pct) | $132,454 to $293,532 |
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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