1264 N 85th Place, Scottsdale, AZ 85257, Scottsdale, 85257 - 2 bed, 2 bath
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Scottsdale, AZ 85257
This Updated Scottsdale Condominium is a Prime Investment Opportunity, listed at $325,000—positioned well below the $452,675 Fair Market Value by 28%. This significant valuation gap provides $127,675 in Instant Equity. Boasting a Condition Rating of 3, the interior features Granite Countertops, Stainless Steel Appliances, and a 2021 HVAC Replacement. Located near Old Town Scottsdale with a rare Private 1-Car Garage, the property offers high rental yield potential and lifestyle convenience. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1264 N 85th Place Subject | $315,000* List Price | 2 | 2 | 1,038 | $333 | - |
A 8625 E BELLEVIEW Place 1030 Sold | $330,000 | 2 | 2 | 917 | $360 | 0.1 mi |
B 8625 E BELLEVIEW Place 1030 Sold | $330,000 | 2 | 2 | 917 | $360 | 0.1 mi |
C 8534 E BELLEVIEW Street Sold | $330,000 List Price | 2 | 2 | 936 | 0.1 mi | |
D 8054 E OAK Street Sold | $252,000 | 2 | 1 | 728 | $346 | 1.0 mi |
E 8545 E BELLEVIEW Street Active Under Contract | $338,000 List Price | 3 | 2 | 1,107 | $305 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several key updates that elevate it above a fair rating. While originally built in 1984, the kitchen has been modernized with granite countertops and stainless steel appliances. The bathrooms also feature updated granite vanities and contemporary fixtures. A significant mechanical upgrade was completed with the HVAC replacement in 2021. The interior presents well with clean carpeting, neutral paint, and functional ceiling fans, though the cabinetry and some lighting fixtures suggest the renovations occurred within the 5 to 15-year window typical of the 'good' category.
Ideally situated near Old Town Scottsdale and the Loop 101, providing residents with exceptional access to premier dining, shopping, and the Free Scottsdale Trolley.
The inclusion of a private enclosed 1-car garage is a significant value-add for condo living, offering both secure parking and essential extra storage space.
The HVAC system was recently replaced in 2021, offering the buyer peace of mind and reducing the likelihood of major immediate capital expenditures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1038, other record living area = 936.
The assigned middle and high schools have relatively low performance ratings (4/10 and 3/10), which may deter family-oriented buyers and impact long-term resale value.
At $382 per month, the association fees represent a notable recurring cost that may impact the overall affordability and debt-to-income ratio for some buyers.
Enjoy convenient Scottsdale living in this 2-bedroom, 2-bath condo ideally located near Old Town Scottsdale and the Loop 101 freeway. This home offers easy access to some of Scottsdale's best dining, shopping, golf courses, entertainment, and outdoor recreation. Accessible using the Free Scottsdale Trolley. Inside, the condo features a bright and open living space with a comfortable layout that connects the living room, dining area, and kitchen--perfect for both everyday living and entertaining. The thoughtful floor plan includes two spacious bedrooms and two full bathrooms, providing flexibility for guests, roommates, or a home office. Additional highlights include a private enclosed 1-car garage, offering secure parking and extra storage--an excellent feature for condo living. HVAC recently replaced in 202. Whether you're searching for a primary residence, lock-and-leave second home, or investment opportunity, this Scottsdale condo places you close to Old Town Scottsdale, Loop 101, spring training stadiums, golf courses, and local hotspots.
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 | 1,038 | 917 | 85% |
| Lot Size | 926 | 94 | 92% |
| Price | $315.0K | $252.0K | 54% |
| Price per sq ft | $303 | $308 | 46% |
| Built year | 1984 | 1986 | 46% |
| HOA | $382 | $196 | 92% |
| Days on market | 42 | 1796 | 8% |
Apr 18, 2026
$315,000
$325,000
-3% Price Drop
Initial Listing
Mar 12, 2026
$325,000
Initial Listing