Condo / High-rise home in Scottsdale, AZ
A Condo apartment in Scottsdale, AZ, it offers 1 bedroom and 2 bathrooms across 3,039 square feet. It sits within the greater Phoenix, AZ area.
| Price | $3,730,000 |
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| Beds | 1 |
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| Baths | 2 |
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| Sqft | 3039 |
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| Architectural style | Condo / High-rise (90% match) |
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| Address | 5050 N Camelback Ridge Drive Unit 1205, Scottsdale, AZ 85251 |
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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 above comparable homes.
- At $3.7M, this home is 997% above the $340K median for 343 similar Condo / High-rise homes in Phoenix, AZ.
- That works out to $1227 per square foot, 325% above the $289 comparable rate.
- On the market 12 days.
| This home | $3,730,000 |
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| Condo / High-rise median in Phoenix, AZ | $340,000 (343 homes) |
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| Price per sq ft | $1,227 vs. $289 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 $23,743/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,017,549 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $20,417/mo |
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| Property tax (new-buyer reassessed rate) | $1,927/mo |
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| Homeowners insurance | $1,399/mo |
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| Total monthly | $23,743/mo |
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| Down payment (20%) | $746,000 |
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| Income needed | $1,017,549/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- (82 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- (82/100) |
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| Beats renting in | 54% of modeled paths |
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| Modeled 5-yr equity (median) | $2,504,815 |
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| Range (10th to 90th pct) | $1,674,963 to $3,512,810 |
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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 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