7308 E POLK Street, Scottsdale, AZ 85257, Scottsdale, 85257 - 3 bed, 2 bath
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Scottsdale, AZ 85257
This Updated Scottsdale Residence is a Prime Investment Opportunity, with a List Price of $650,000—positioned well below the $951,177 Fair Market Value by 31%. This significant valuation gap secures $301,177 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a brand-new roof, updated plumbing, and a sparkling pool. Its prime location between Old Town Scottsdale and ASU ensures high rental demand and long-term stability. This is an ideal acquisition for Owner-Occupants building immediate wealth or Buy-and-Hold Investors seeking a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7308 E POLK Street Subject | $650,000* List Price | 3 | 2 | 1,576 | $604 | - |
A 7413 E ROOSEVELT Street Sold | $490,000 | 3 | 2 | 1,517 | $323 | 0.5 mi |
B 7407 E FILLMORE Street Sold | $600,000 | 3 | 2 | 1,464 | $410 | 0.1 mi |
C 7413 E ROOSEVELT Street Sold | $490,000 | 3 | 2 | 1,520 | $322 | 0.5 mi |
D 620 N 73RD Place Sold | $625,000 | 3 | 2 | 1,470 | $425 | 0.2 mi |
E 620 N 73RD Place Sold | $625,000 | 3 | 2 | 1,471 | $425 | 0.2 mi |
F 6814 E BELLEVIEW Street Sold | $550,000 | 4 | 2 | 1,703 | $323 | 0.9 mi |
G 7250 E FILLMORE Street Pending | $564,999 List Price | 3 | 2 | 1,377 | $410 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades including a brand-new roof, updated plumbing in both bathrooms, and modern wide-plank vinyl flooring throughout. While originally built in 1961, the home has been extensively updated with an open-concept chef's kitchen and modern fixtures. The exterior is well-maintained with a newer pool area, artificial turf, and updated landscaping, meeting the criteria for a well-maintained, updated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7007, living area = 1576.
Ideally situated between Old Town Scottsdale and ASU, this property offers exceptional access to premier shopping, dining, and major employment hubs.
The home features a brand-new roof and updated plumbing in both bathrooms, providing immediate value and reducing the risk of high-cost maintenance for the new owner.
The assigned public schools have relatively low ratings (3-4), which may be a drawback for families prioritizing high-performing educational environments.
Built in 1961, the property may lack the energy efficiency and modern building standards found in newer homes, potentially leading to higher utility costs.
Welcome in to this beautiful 3 bed, 2 bath home centrally located between Old Town Scottsdale and ASU. The home has a brand new roof and new plumbing in both bathrooms. As you enter, you will be greeted by a spacious open floor plan with stunning wide plank vinyl flooring. The home features a beautiful, open kitchen fit for any chef, spacious bedrooms, and plenty of space to relax and unwind. Stepping out back, you are greeted by a sparkling pool that is perfect for parties or a relaxing swim and beautiful, low maintenance landscaping. Don't miss your chance to get your own bit of heaven.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,576 | 1,620 | 41% |
| Lot Size | 7,007 | 7,443 | 42% |
| Price | $650.0K | $575.0K | 64% |
| Price per sq ft | $412 | $345 | 68% |
| Built year | 1961 | 1960 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 1961 | 1% |
Apr 9, 2026
$650,000
Initial Listing