7220 E Portland Street Scottsdale, 85257

Bedrooms:
4
Bathrooms:
3
Square Feet:
2,601 sqft
Price $885,000 .00
Approx /month
Get More Details
Sale Price:
$885,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$1,542
Insurance: (year)
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Virtual Tour of 7220 E Portland Street , Scottsdale 85257

Property Description

Introducing a fantastic opportunity in the vibrant community of New Papago Parkway - a meticulously remodeled home with boundless potential for investors and permanent residents alike. Nestled in a neighborhood free from HOA restrictions, this single-level gem was completely renovated in 2019, boasting a myriad of enticing features. Whether you're seeking a lucrative rental property or a turnkey primary residence, this home promises the best of both worlds, inviting you into a fully furnished sanctuary that is loaded with charm and functionality. Discover the allure of a full-time vacation rental with a robust rental history, boasting an impressive average annual gross income exceeding $100,000. The property's consistent performance underscores its appeal to savvy investors seeking a lucrative venture in the dynamic real estate market. Step into an ambiance of modern elegance, where porcelain plank flooring sets the stage and invites you into the heart of the home with a newly crafted chef's kitchen featuring tasteful shaker-style blue cabinetry, pristine white quartz countertops, and stainless-steel appliances. Entertaining is effortless with a spacious center island with bar seating that seamlessly integrates with the dining and living areas. An additional family room/game room with a cozy fireplace featuring stone surround and a custom built-in wet bar with cabinetry, sink, a wine fridge, and wine rack make this space both fun and functional. The primary suite with private bath, alongside all additional bedrooms and baths are all remodeled to perfection with LED mirrors and custom showers. Escape to the backyard sanctuary designed with entertaining in mind. A brand-new heated pool, boasting stylish tile accents and a soothing waterfall feature installed in 2020, invites you to indulge in moments of relaxation. Near the pool you'll find a new built-in BBQ station, while a covered pergola with an outdoor fireplace sets the stage for nights beneath the stars. Whether you envision a hassle-free lock-and-leave lifestyle, a primary residence, or a fantastic income producing property, this home caters to diverse lifestyle preferences, offering endless possibilities and investment potential. Don't miss your chance to own a piece of paradise in New Papago Parkway just minutes away from the vibrant energy of Old Town Scottsdale offering dining, shopping, arts & entertainment all within your reach. Take the next step and reach out for your private tour today!

General Information

Price:
$885,000
Status:
Active
Listing Updated:
4/17/2024
List Date:
2/29/2024
Close Date
Square Feet:
2,601
Bedrooms:
4
Bathrooms:
3
Garage Spaces:
2.00
Year Built:
1960
Builder Name:
Unknown
Subdivision:
New Papago Parkway 9
City:
Scottsdale
Zip:
85257
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$1,542
Tax Year:
2023
MLS ID:
6670456
Listing Attribution:
Griggs's Group Powered by The Altman Brothers
Buyer Agency Compensation:
2.50%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Property Features

Interior Features
Eat-in Kitchen, Furnished(See Rmrks), Kitchen Island, 3/4 Bath Master Bdrm, Granite Counters
Exterior Features
Other, Gazebo/Ramada, Patio, Storage, Built-in Barbecue
Flooring
Tile
Laundry
Fireplace Features
Two Way Fireplace, Exterior Fireplace, Gas
Cooling
Refrigeration
Heating
Natural Gas
Utilities
Pool
Heated, Private
Spa
None
Construction Finish
Brick Veneer, Block
Roofing
Composition
Water
City Water
Sewage
Public Sewer
Fencing
Block

School Information

High School:
Coronado High School
High School District:
Scottsdale Unified District
Middle School:
Supai Middle School
Elementary School:
Yavapai Elementary School
Elementary School District:
Scottsdale Unified District

Community Information

Subdivision:
New Papago Parkway 9

Lot Information

Lot Size (sq feet):
7,603
Lot Features:
Corner Lot, Gravel/Stone Front, Synthetic Grass Back
Fencing:
Block

Location Information

Directions:
South on Scottsdale road to Roosevelt, Left on 72nd Place, North to Portland and house is on the corner.
Cross Street:
Scottsdale & Mcdowell Road
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

7220 E Portland Street Scottsdale AZ 85257

Property Type:
Single Family - Detached
Bedrooms:
4
Bathrooms:
3
Interior SqFt:
2601
Interior Stories:
1
Year Built:
1960

7 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.54 Miles
$1,225,000
0.27 Miles
$995,000
1.02 Miles
$695,000
1.89 Miles
$999,000
0.62 Miles
$775,000
1.47 Miles
$730,000
1.77 Miles
$1,325,000

9 Active Properties

Address
Distance/Miles
Active Price
Details
0.65 Miles
$784,000
1.63 Miles
$775,000
0 Miles
$885,000
0.75 Miles
$640,000
0.28 Miles
$759,900
1.96 Miles
$1,350,000
1.86 Miles
$995,000
0.6 Miles
$915,000
1.16 Miles
$1,200,000