7220 E Portland Street, Scottsdale, AZ 85257

$815,000
4
BD
3
BA
2,601
SqFt

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Sold Price
$815,000
List Price
$835,000
Closing Date
Jul 01, 2024
Days on Market
123
Status
CLOSED
MLS#
6670456
City
Scottsdale
Bedrooms
4
Bathrooms
3
Living SQFT
2,601
Lot Size
7,603
Subdivision
New Papago Parkway 9
Year Built
1960
Type
Single Family Residence

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!

Additional Information

Elementary School
Yavapai Elementary School
High School
Coronado High School
Middle School
Supai Middle School
School District
Scottsdale Unified District
Acres
0.17
Assoc Fee Includes
No Fees
Builder Name
Unknown
Construction
Brick Veneer, Block
Cooling
Central Air
Exterior Features
Other, Storage, Built-in Barbecue
Fencing
Block
Fireplace
Two Way Fireplace, Exterior Fireplace, Gas
Flooring
Tile
Garage Spaces
2
Heating
Natural Gas
Living Area
2,601
Lot Size
7,603
New Financing
Cash, Conventional, 1031 Exchange, FHA, VA Loan
Lot Features
Corner Lot, Gravel/Stone Front, Synthetic Grass Back
Roofing
Composition
Sewer
Public Sewer
Spa
None
Stories
1
Subdivision
New Papago Parkway 9
Taxes
$1,542
Tax Year
2023
Water
City Water

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Calculator source: Real Geeks

Listing courtesy of Griggs's Group Powered by The Altman Brothers. Selling Office: eXp Realty.

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