1224 N 85TH Place, Scottsdale, AZ 85257, Scottsdale, 85257 - 2 bed, 2 bath
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Scottsdale, AZ 85257
This Renovated South Scottsdale Townhouse represents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $490,346 Fair Market Value by 39%. This significant valuation gap secures $195,346 in Instant Equity. Featuring a Condition Rating of 2, the interior boasts granite countertops, new flooring, and a rare private 1-car garage with inside laundry. Located minutes from ASU and Old Town, it balances lifestyle convenience with massive financial upside. This is an exceptional acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1224 N 85TH Place Subject | $295,000* List Price | 2 | 2 | 936 | $524 | - |
A 8525 E BELLEVIEW Street Sold | $305,000 | 2 | 2 | 950 | $321 | 0.1 mi |
B 8625 E BELLEVIEW Place 1124 Sold | $224,000 List Price | 2 | 2 | 917 | 0.2 mi | |
C 1139 N 84TH Place Sold | $235,000 | 2 | 2 | 950 | $247 | 0.1 mi |
D 8625 E BELLEVIEW Place 1150 Sold | $310,000 | 2 | 2 | 917 | $338 | 0.2 mi |
E 8625 E BELLEVIEW Place 1046 Sold | $355,000 | 2 | 2 | 917 | $387 | 0.1 mi |
F 1232 N 84TH Place Sold | $300,000 | 2 | 2 | 1,010 | $297 | 0.1 mi |
G 1314 N 85TH Place Active Under Contract | $305,000 List Price | 2 | 2 | 950 | $321 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone an extensive recent renovation within the last 5 years. The interior features new wide-plank flooring throughout, a modernized kitchen with granite countertops and stainless steel appliances, updated contemporary ceiling fans, and fresh paint. The unit is in move-in ready condition with all components appearing new or virtually new, meeting the criteria for a high-quality renovation.
Situated in a highly desirable South Scottsdale area with immediate access to Loop 101, ASU, Tempe Marketplace, and Old Town, making it ideal for commuters and investors.
The unit is move-in ready with significant upgrades including new flooring throughout, granite countertops, and stainless steel appliances, offering a contemporary aesthetic.
Unlike many condos in this price range, this property includes a private 1-car garage and an inside laundry area, providing added security and convenience.
The assigned middle and high schools have relatively low performance ratings (4 and 3 respectively), which may be a deterrent for families prioritizing education.
The $382 monthly association fee is a significant recurring expense that impacts overall monthly affordability and may affect the debt-to-income ratio for some buyers.
Very spacious and move-in ready 2 bed, 2 bath upper-level condo in prime South Scottsdale location, with 1-car garage. Bright, open layout with large living area and generously sized bedrooms. Updated with new flooring throughout. Kitchen features granite countertops, stainless steel appliances and opens to the living room with breakfast bar and adjacent dining area. Primary suite features wall-to-wall closet and tiled shower. Inside laundry for convenience. Enjoy a private balcony, perfect to unwind, plus access to community pool and spa. Ideally located near Loop 101, ASU, Tempe Marketplace, and Old Town Scottsdale. Ideal full-time residence, lock-and-leave, or investment opportunity. One of the best values in Scottsdale. Don't miss it!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 936 | 1,010 | 29% |
| Lot Size | 890 | 64 | 57% |
| Price | $295.0K | $270.0K | 52% |
| Price per sq ft | $315 | $267 | 62% |
| Built year | 1984 | 1983 | 57% |
| HOA | $382 | $205 | 86% |
| Days on market | 16 | 2220 | 5% |
Apr 6, 2026
$295,000
Initial Listing