8007 N 7th Avenue, Phoenix, AZ 85021

$1,300,000
Property Type: Residential Bedrooms: 8 Baths: 3.5 Square Footage: 3,834 Lot Size (sq. ft.): 18,382 Status: Closed
Current Price: $1,300,000 Last Modified: 5/11/2025

Description

** NEW PRICE** Rental revenue of ~$200k/yr, see pro forma in docs tab. Welcome home to this extraordinary ranch-style residence, resting on an expansive half-acre lot with an astonishing 8 bedrooms- all generously sized- and 3.5 bathrooms. This gorgeous home is perfectly situated to offer you a lifestyle of comfort and convenience whether you choose to make this your forever home or a lucrative investment property- vacation rental or an assisted living facility! Furnishings can be included. When you first arrive, a circular driveway, 2-car garage (currently a game room that can be easily converted back to a garage) and low-maintenance landscaping greet you. From your first step inside, you will be captivated by the interior's many upgrades and a highly

Supplements: desirable open floor plan that is bathed in natural light. For those with an appetite for entertaining, this layout is simply perfect! Your great room features 2 sets of double doors that span the back wall and offer plentiful sunlight and convenient access to your outdoor entertainment area. The gourmet kitchen showcases white shaker cabinets, custom tile backsplash, new high-end GE Profile stainless steel appliances (including a wall oven and gas cooktop), quartz countertops, and a welcoming breakfast bar. The house has a split floor plan with expansive bedrooms and luxurious bathrooms featuring oversized showers (1 is barrier free / roll in) in addition to a freestanding tub, perfect for relaxation after a long day. You will love your private access via sliding doors (from 2 bedrooms!) that take you into your extraordinary backyard retreat, the ultimate paradise to bask in the Arizona sun. With a heated pool you can continue enjoying your outdoor oasis year round. Custom bar seating surrounds your hot tub so you won't need to go far for a cocktail! Games abound in this fun zone, challenge your friends to a tournament of bocce ball, putt putt, outdoor bowling and cornhole. For those that prefer to relax, this retreat features abundant seating around the fire pit and beyond- this backyard has something for everyone! It truly is perfect for enjoying your outdoor space and hosting unforgettable gatherings. If all that wasn't enough, the game room is another haven of entertainment with a ping pong table, a ring toss game, tabletop blackjack, and tabletop air hockey for countless hours of fun. Additionally, this home received registration approval from the City of Phoenix in 2021 as a 10-bed assisted living facility, presenting an incredible business and investment opportunity. The home already has fire sprinklers, fire monitoring panel and a 1 inch water meter which are all requirements to get the registration approved. With these enhancements already installed you will save ~$20k and a couple months of time! With all these features and this prime location; 20 minutes from Downtown Phoenix, 10 minutes to Biltmore, 10 minutes to uptown and numerous other shopping and restaurant options- you won't want to miss out on this incredible opportunity! Come see this beauty and how you could be living the lifestyle you've been dreaming of!

More Information MLS# 6609439

Contract Information

Status Change Date: 2024-05-15 Sold Price: $1,300,000 Status: Closed Current Price: $1,300,000 List Date: 2023-09-22 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 8007 Compass: N Street Name: 7th St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85021 Zip4: 5613 Country: US County Code: Maricopa Assessor Number: 160-56-032-A Subdivision: SUBDIVISION OF SW4 SEC 32 T3N R3E Tax Year: 2023

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 8 # Bathrooms: 3.5 Approx SQFT: 3834 Price/SqFt: 339.07 Horses: N Builder Name: Unknown Year Built: 1981 Approx Lot SqFt: 18382 Approx Lot Acres: 0.422 Pool: Private Only Elementary School District: Washington Elementary District High School District: Glendale Union High School District Elementary School: Richard E Miller School Jr. High School: Royal Palm Middle School High School: Sunnyslope High School

Remarks Misc

Cross Street: 7th Ave & Northern Directions: From 7th and Northern, turn into property on the east side of 7th Avenue. Geo Lat: 33.553432 Geo Lon: -112.082131

Status Change Info

Off Market Date: 2024-03-25 Under Contract Date: 2024-03-23 Close of Escrow Date: 2024-05-14 Sold Price: $1,300,000

Legal Info

Township: 3N Range: 3E Section: 32 Lot Number: LENGTHY LEGAL

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2021 Ht/Cool Yr Updated: 2022 Ht/Cool Partial/Full: Partial Kitchen Yr Updated: 2021 Bath(s) Yr Updated: 2021 Pool Yr Updated: 2021

Parking Spaces

Garage Spaces: 2 Slab Parking Spaces: 5 Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Other Loan Years: 30 Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession to Buyer: 10550 Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Architecture: Ranch; Territorial/Santa Fe Master Bathroom: 3/4 Bath Master Bdrm; Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; 2 Master Baths Master Bedroom: Split Additional Bedroom: Other Bedroom Split; 2 Master Bedrooms; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace Features: No Fireplace Flooring: Tile Windows: Dual Pane Pool Features: Private; Heated Spa: Private; Above Ground; Heated Dining Area: Formal; Breakfast Bar; Dining in LR/GR Kitchen Features: Range/Oven Gas; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room; Bonus/Game Room Features: Skylight(s); 9+ Flat Ceilings; Fire Sprinkler System; No Interior Steps; Water Softener Owned; Furnished(See Rmrks) Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Gazebo; Patio; Pvt Yrd(s)/Crtyrd(s); Storage Parking Features: Circular Driveway; Direct Access; Separate Strge Area Construction: Slump Block Const - Finish: Painted; Stucco Roofing: Built-Up Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric; Natural Gas Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: East/West Exposure Landscaping: Gravel/Stone Back; Desert Front; Desert Back; Synthetic Grass Back Showing Notification Methods: Text; Phone Call Lockbox Type: Other; See Private Remarks Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: May - 11 - 2025
8007 N 7th Avenue, Phoenix, AZ 85021- MLS# 6609439
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