Mediterranean home in 20802 N Grayhawk Dr #1016 Scottsdale, AZ
A Mediterranean condo in Scottsdale, AZ, it offers 3 bedrooms and 2 bathrooms across 1,954 square feet. The Mediterranean styling carries through the home's design.
| Price | $739,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1954 |
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| Architectural style | Mediterranean (41% match) |
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| Address | 20802 N Grayhawk Dr #1016 Scottsdale, AZ 85255 |
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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 $739K, this home is 58% below the $1.7M median for 636 similar Mediterranean homes in Scottsdale, AZ.
- That works out to $378 per square foot, 29% below the $532 comparable rate.
- On the market 9 days.
| This home | $739,000 |
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| Mediterranean median in Scottsdale, AZ | $1,749,000 (636 homes) |
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| Price per sq ft | $378 vs. $532 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 $4,704/month with 20% down at a 7.28% 30-year fixed rate. You would need about $201,600 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,045/mo |
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| Property tax (new-buyer reassessed rate) | $382/mo |
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| Homeowners insurance | $277/mo |
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| Total monthly | $4,704/mo |
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| Down payment (20%) | $147,800 |
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| Income needed | $201,600/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) | $423,742 |
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| Range (10th to 90th pct) | $267,505 to $608,565 |
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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