7538 E KIMSEY Lane, Scottsdale, AZ 85257, Scottsdale, 85257 - 3 bed, 2 bath
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Scottsdale, AZ 85257
This property presents a High-Potential Investment Opportunity with a List Price of $460,000—positioned well above the $418,970 Fair Market Value by 9%. While the property lacks immediate equity, its Fair Condition Rating and 1960s vintage offer a clear path for value-add renovations. Located minutes from Old Town Scottsdale and ASU, the home benefits from high rental demand and No HOA Restrictions. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to modernize a well-located asset in a prime Scottsdale corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7538 E KIMSEY Lane Subject | $450,000* List Price | 3 | 2 | 1,092 | $415 | - |
A 1232 N 75TH Street Sold | $485,000 List Price | 3 | 2 | 1,120 | 0.4 mi | |
B 7842 E WILLETTA Street Sold | $526,000 | 3 | 2 | 1,092 | $482 | 0.6 mi |
C 7802 E KIMSEY Lane Sold | $530,000 | 3 | 2 | 1,215 | $436 | 0.4 mi |
D 7413 E ROOSEVELT Street Sold | $490,000 | 3 | 2 | 1,520 | $322 | 0.2 mi |
E 7826 E BEATRICE Street Active | $405,000 List Price | 3 | 2 | 1,058 | $383 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property is functional but dated. While it features newer laminate flooring and ceiling fans, the kitchen (oak cabinets, tile countertops) and bathrooms appear to have been renovated over 20 years ago. The exterior maintains original 1960s features like metal awnings and a carport, placing it in the 'Fair' category as it requires cosmetic updates to meet modern standards.
The property is ideally situated minutes from Old Town Scottsdale and ASU, offering high desirability for both residents and potential rental opportunities.
With an association fee of zero, homeowners enjoy greater financial freedom and the flexibility to modify the property without restrictive community oversight.
Excellent proximity to Loops 101 and 202, as well as walking distance to Yavapai Elementary and local parks, ensures a highly convenient lifestyle.
The assigned public schools have relatively low ratings (3-4), which may be a significant deterrent for families prioritizing educational excellence.
At just 1,092 square feet for a three-bedroom home, the interior layout may feel cramped and reflects the smaller architectural standards of its 1960 vintage.
Outstanding Location! minutes from Old Town Scottsdale and Arizona State University and just a quick walk to Yavapai Elementary, neighborhood parks & playgrounds, with quick access to Loops 101 & 202, Desert Botanical Garden & Phoenix Zoo, it's everything you need, right where you want to be!
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.3 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 | 1,092 | 1,600 | 5% |
| Lot Size | 6,366 | 7,309 | 32% |
| Price | $450.0K | $540.0K | 36% |
| Price per sq ft | $412 | $344 | 68% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 2424 | 2% |
Jun 13, 2026
$450,000
$460,000
-2% Price Drop
Initial Listing
May 11, 2026
$460,000
Initial Listing