Mediterranean home in Chandler, AZ
A Mediterranean home in Chandler, AZ, it offers 4 bedrooms and 3 bathrooms. Its Mediterranean character defines the property's look.
| Price | $689,000 |
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| Beds | 4 |
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| Baths | 3 |
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| Architectural style | Mediterranean (35% match) |
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| Address | 651 N Velero Street, Chandler, AZ 85225 |
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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 a little under the area.
- At $689K, this home is 11% below the $775K median for 302 similar Mediterranean homes in Chandler, AZ.
No square footage is listed, so the per-square-foot comparison is not available. 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 $4,386/month with 20% down at a 7.28% 30-year fixed rate. You would need about $187,960 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,771/mo |
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| Property tax (new-buyer reassessed rate) | $356/mo |
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| Homeowners insurance | $258/mo |
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| Total monthly | $4,386/mo |
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| Down payment (20%) | $137,800 |
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| Income needed | $187,960/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- (84 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- (84/100) |
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| Beats renting in | 58% of modeled paths |
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| Modeled 5-yr equity (median) | $476,726 |
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| Range (10th to 90th pct) | $315,523 to $667,581 |
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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.
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View this home on Estately