5962 N 83RD Street, Scottsdale, AZ 85250, Scottsdale, 85250 - 4 bed, 3 bath
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Scottsdale, AZ 85250
This Updated Scottsdale Townhouse is a Strong Value Opportunity, listed at $434,000—positioned well below the $462,133 Fair Market Value by 6%. This valuation gap secures $28,133 in Instant Equity for the buyer. While holding a Functional Condition Rating with a New Roof and HVAC, the interior offers significant upside through cosmetic modernization. Located moments from Chaparral Park and top-rated Pueblo Elementary, the property permits Unrestricted Seasonal Rentals. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand Scottsdale asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5962 N 83RD Street Subject | $434,000* List Price | 4 | 3 | 1,464 | $316 | - |
A 8447 E MONTEBELLO Avenue Sold | $535,000 | 4 | 3 | 1,584 | $338 | 0.4 mi |
B 5468 N 78TH Street Sold | $470,000 List Price | 3 | 2 | 1,605 | 0.7 mi | |
C 8317 E ORANGE BLOSSOM Lane Sold | $515,000 | 2 | 2 | 1,576 | $327 | 0.9 mi |
D 5932 N 83RD Street Sold | $389,000 List Price | 3 | 3 | 1,464 | 0.0 mi | |
E 5140 N 83RD Street Sold | $400,000 | 3 | 2 | 1,352 | $296 | 0.7 mi |
F 8333 E ORANGE BLOSSOM Lane Sold | $485,000 List Price | 3 | 2 | 1,576 | 0.8 mi | |
G 5141 N 83RD Street Active | $425,000 List Price | 3 | 3 | 1,752 | $243 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in functional, move-in ready condition with significant recent mechanical upgrades including the roof, HVAC, and appliances. However, the interior aesthetics are dated and reflect the property's 1972 origin. Visuals of the bathrooms show older fixtures, such as a pedestal sink and dated wall-mounted medicine cabinets, alongside older tile work. While the major systems are well-maintained, the home requires cosmetic modernization and interior renovations to meet current market standards for the Scottsdale area.
The property features no restrictions on seasonal rentals, making it a premier opportunity for investors looking to capitalize on Scottsdale's high demand for vacation and spring training housing.
Situated moments from Chaparral Park and Old Town Scottsdale, the home offers unparalleled access to scenic trails, elite dining, shopping, and entertainment hubs.
With the roof, HVAC system, and appliances already updated, the property reduces immediate capital expenditure requirements for the buyer, providing a move-in ready foundation.
At 1,464 square feet for a four-bedroom layout, the individual room sizes and living areas may feel cramped compared to more modern, spacious residential designs.
Despite mechanical updates, the 1972 construction may require further cosmetic renovations to meet the high-end contemporary standards expected in the Scottsdale market.
Seasonal Rental Friendly + Prime Scottsdale Lifestyle! An exceptional opportunity in the heart of Scottsdale with no restrictions on seasonal rentals--making this property ideal for investors, part-time residents, or those looking to generate income while enjoying the Arizona lifestyle. Located just moments from Chaparral Park, scenic lakes, walking trails, dog park, and recreation fields, this home sits in one of Scottsdale's most desirable and rentable pockets. Whether it's winter visitors, spring training guests, or year-round travelers, this location consistently draws strong demand. Major updates have already been completed--including roof, HVAC, and appliances--allowing you to focus on personalization or furnishing for immediate rental use. The flexible layout and spacious out Enjoy an oversized back patio, perfect for relaxing, entertaining, or enjoying Arizona's beautiful weather. Just minutes from Old Town Scottsdale, dining, shopping, golf, and entertainment, this home offers the perfect blend of location, lifestyle, and opportunity. Opportunity, location, and lifestyle -- all waiting here.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 93% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,464 | 1,617.5 | 36% |
| Lot Size | 1,995 | 2,826.5 | 36% |
| Price | $434.0K | $387.5K | 54% |
| Price per sq ft | $296 | $265 | 58% |
| Built year | 1972 | 1974 | 35% |
| HOA | $255 | $275 | 45% |
| Days on market | 54 | 1992 | 1% |
Feb 27, 2026
$434,000
Initial Listing