Mediterranean home in Cave Creek, AZ
A Mediterranean home in Cave Creek, AZ, it offers 3 bedrooms and 3 bathrooms across 3,216 square feet. Its Mediterranean character defines the property's look.
| Price | $1,199,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 3216 |
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| Architectural style | Mediterranean (31% match) |
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| Address | 6226 E Forest Pleasant Place, Cave Creek, AZ 85331 |
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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 Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.2M, this home is 58% above the $760K median for 548 similar Mediterranean homes in Phoenix, AZ.
- That works out to $373 per square foot, 31% above the $285 comparable rate.
- New to market (5 days), so expect competition.
| This home | $1,199,000 |
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| Mediterranean median in Phoenix, AZ | $759,999 (548 homes) |
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| Price per sq ft | $373 vs. $285 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 $7,632/month with 20% down at a 7.28% 30-year fixed rate. You would need about $327,089 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $6,563/mo |
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| Property tax (new-buyer reassessed rate) | $619/mo |
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| Homeowners insurance | $450/mo |
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| Total monthly | $7,632/mo |
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| Down payment (20%) | $239,800 |
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| Income needed | $327,089/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 | 33% of modeled paths |
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| Modeled 5-yr equity (median) | $686,258 |
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| Range (10th to 90th pct) | $438,546 to $979,104 |
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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 6% 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.
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