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$1,049,900

Beds
3
Baths
2.0
sq ft
1,148

7520 East Mcknight Avenue, Scottsdale, AZ 85251

7520 East Mcknight Avenue

Scottsdale, AZ 85251

  • 134 days on market
    • Price drop $100,000↓
Opportunity Zone! Excellent buy and hold Short term rental or Development opportunity! Incredible,fully furnished 3 Bed 2 Bath home in Old Town! Brand new renovation with all new modern finishes and designer furniture. New Cabinetry, Stainless steel appliances, porcelain tile, granite countertops, New electrical, plumbing, roof, Hvac, owned solar! Unbelievable location in downtown Old Town, Scottsdale's Entertainment District ! Walking distance to hundreds of restaurants and entertainment options. Zoned Downtown Overlay, Please see proforma from GoodNight Stay for Short term rental as well development proforma for 4 units.

Details

Property type

Single Family Residence

Est. home value

$769,042

Lot size

8,067 sq ft

Price per sq ft

$915

Year built

1950

Annual property taxes

$4,119.72

Price History

10/15/2024
ArizonaRegional

ArizonaRegional #6724563

Price change
$1,049,900
-8.7%
06/27/2024
ArizonaRegional

ArizonaRegional #6724563

Listed
$1,149,900
-2.14%
02/08/2024
ARMLS

ARMLS #6581743

Removed
$1,175,000

Schools & Community

Neighborhood: 

South Scottsdale

Elementary school: 

Navajo Elementary School

Middle school: 

Mohave Middle School

High school: 

Saguaro High School

High school district: 

Scottsdale Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Capital Fund I Llc

Loan start date

January 2024

Original loan amount

$675,000

Est. remaining balance

Not provided

Interest rate

7.03%

Loan type

Commercial

Seller

805 Capital Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 3:10 PM

Listing updated: 10/14/2024 at 5:30 PM

Listed by: Scott Graden, GNS Realty- AZ, LLC Phone #: (480) 991-0889

MLS: ArizonaRegional #6724563

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