7220 E PORTLAND Street, Scottsdale, AZ 85257

$815,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,601 Lot Size (sq. ft.): 7,603 Status: Closed
Current Price: $815,000 Last Modified: 7/08/2025

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.

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!

More Information MLS# 6670456

Contract Information

Sold Price: $815,000 Status: Closed Current Price: $815,000 List Date: 2024-02-29 Type: Exclusive Agency Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

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 County Code: Maricopa Assessor Number: 131-38-107 Subdivision: NEW PAPAGO PARKWAY 9 Tax Year: 2023

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 4 # Bathrooms: 3 Approx SQFT: 2601 Price/SqFt: 313.34 Horses: N Builder Name: Unknown Year Built: 1960 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 7603 Approx Lot Acres: 0.175 Community Pool Y/N: No Private Pool Y/N: Yes Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Yavapai Elementary School Jr. High School: Supai Middle School High School: Coronado High School

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

Status Change Info

Off Market Date: 2024-07-01 Under Contract Date: 2024-05-24 Close of Escrow Date: 2024-07-01 Sold Price: $815,000

Legal Info

Township: 1N Range: 4E Section: 2 Lot Number: 265

Basement

Basement 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

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession to Buyer: 25000 Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm Additional Bedroom: Master Bedroom Sitting Room Fireplace Features: Two Way Fireplace; Gas Fireplace; Exterior Fireplace Flooring: Tile Windows: Dual Pane Spa: None Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: Range/Oven Elec; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included Other Rooms: Bonus/Game Room Features: Furnished(See Rmrks) Exterior Features: Built-in BBQ; Gazebo; Patio; Storage; Other Road Responsibility: City Maintained Road Construction: Block Const - Finish: Brick Veneer Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: Corner Lot Landscaping: Gravel/Stone Front; Synthetic Grass Back Lockbox Type: Combo Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees 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
Listing Office: Griggs's Group Powered by The Altman Brothers
Last Updated: July - 08 - 2025
7220 E PORTLAND Street, Scottsdale, AZ 85257- MLS# 6670456
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