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$885,000
7220 E PORTLAND Street
Scottsdale, AZ 85257
MLS# 6670456
4 beds  |  3 baths


7220 E PORTLAND Street, Scottsdale, AZ 85257
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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.

Details
Contract Information
Status Change Date: 2024-02-29
List Price: $885,000
Status: Active
Current Price: $885,000
List Date: 2024-02-29
Type: EA
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
House Number: 7220
Compass: E
Street Name: PORTLAND
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85257
Zip4: 3424
Country: USA
County Code: Maricopa
Assessor's Map #: 38
Assessor's Parcel #: 107
Assessor Number: 131-38-107
Legal Description (Abbrev): LOT 265 NEW PAPAGO PARKWAY 9 MCR 008533
Subdivision: NEW PAPAGO PARKWAY 9
Tax Municipality: Scottsdale
Taxes: 1542
Tax Year: 2023
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
# Bathrooms: 3
Approx SQFT: 2601
Price/SqFt: 340.25
Horses: N
Builder Name: Unknown
Year Built: 1960
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 7603
Approx Lot Acres: 0.175
Pool: Private Only
Elementary School: Yavapai Elementary School
Jr. High School: Supai Middle School
High School: Coronado High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Scottsdale & Mcdowell Road
Directions: South on Scottsdale road to Roosevelt, Left on 72nd Place, North to Portland and house is on the corner.
Geo Lat: 33.460101
Geo Lon: -111.92502
Legal Info
Township: 1N
Range: 4E
Section: 2
Lot Number: 265
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Items Updated
Floor Yr Updated: 2019
Floor Partial/Full: Full
Kitchen Yr Updated: 2019
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2019
Bath(s) Partial/Full: Full
Pool Yr Updated: 2020
Pool Partial/Full: Full
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Master Bathroom: 3/4 Bath Master Bdrm
Additional Bedroom: Master Bedroom Sitting Room
Fireplace: Two Way Fireplace; Gas Fireplace; Exterior Fireplace
Flooring: Tile
Windows: Dual Pane
Pool Features: Private; Heated
Spa: None
Dining Area: Eat-in Kitchen; Dining in LR/GR
Kitchen Features: Range/Oven Elec; Cook Top Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Countertops; Kitchen Island
Laundry: Washer Included; Dryer Included
Other Rooms: Bonus/Game Room
Features: Furnished(See Rmrks)
Exterior Features: Built-in BBQ; Gazebo/Ramada; Patio; Storage; Other
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Brick Trim/Veneer
Roofing: Comp Shingle
Cooling: Refrigeration
Heating: Natural Gas
Utilities: SRP; SW Gas
Water: City Water
Sewer: Sewer - Public
Fencing: Block
Property Description: Corner Lot
Landscaping: Gravel/Stone Front; Synthetic Grass Back
Lockbox Type: Mech-box / Combo
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Conventional
Existing 1st Ln Trms: Non Assumable
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
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!

Listing Office: Griggs's Group Powered by The Altman Brothers

Last Updated: April - 17 - 2024

7220 E PORTLAND Street, Scottsdale, AZ 85257 - MLS# 6670456

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Monday 29th of April 2024 03:38 AM