7543 E PAPAGO Drive, Scottsdale, AZ 85257, Scottsdale, 85257 - 2 bed, 2 bath
Loading property details...
Scottsdale, AZ 85257
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $429,890 Fair Market Value by -4%. While the list price exceeds the current estimation, the property offers significant upside through its 7,412 SF corner lot and Fair Condition Rating. Recent upgrades to the roof, HVAC, and water heater mitigate immediate capital expenditure risks. This asset is ideal for Buy-and-Hold Investors or Renovators seeking a value-add project in a prime Scottsdale location with flexible tenant options.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7543 E PAPAGO Drive Subject | $400,000* List Price | 2 | 2 | 1,260 | $318 | - |
A 7407 E POLK Street Sold | $300,000 List Price | 3 | 2 | 1,148 | 0.3 mi | |
B 726 N 78TH Street Sold | $367,000 List Price | 3 | 2 | 1,370 | 0.4 mi | |
C 7413 E ROOSEVELT Street Sold | $490,000 | 3 | 2 | 1,520 | $322 | 0.3 mi |
D 7538 E KIMSEY Lane Active | $450,000 List Price | 3 | 2 | 1,092 | $412 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 64 years old, but major systems (HVAC, roof, and water heater) were replaced within the last 5 years, and the electrical has been updated. The interior, specifically the kitchen and living areas, remains dated with older finishes and popcorn ceilings, fitting the 'Fair' criteria of being >20 years old and needing cosmetic updates while remaining functional and tenant-occupied.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7412, living area = 1260.
Situated on a 7,412 SF corner cul-de-sac lot in South Scottsdale, this property offers a larger-than-average footprint for the neighborhood, providing significant outdoor space and privacy.
Key high-ticket items including the roof, HVAC system, and water heater were all replaced approximately five years ago, offering peace of mind and reducing immediate maintenance costs for the buyer.
The property is being sold in as-is condition, which likely necessitates additional budget for cosmetic updates or repairs to bring it to modern market standards.
The local elementary and high schools carry lower performance ratings (3/10), which may limit the property's appeal to families prioritizing top-tier educational districts.
Corner cul-de-sac lot in South Scottsdale! This cute 2-bedroom, 1.5-bath home sits on a 7,412 SF lot that is larger than many in the neighborhood and offers excellent value-add potential. Roof replaced approx. 5 years ago, A/C approx. 5-6 years old, water heater approx. 5 years old, updated electric to the alley. Windows are not new but many have been replaced in the past. Enclosed air-conditioned carport provides additional flexible space. Property sold AS IS. Great opportunity for investors, renovators, or buyers looking to create their vision in a prime Scottsdale location.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,260 | 1,565 | 13% |
| Lot Size | 7,412 | 7,525.5 | 46% |
| Price | $400.0K | $528.0K | 39% |
| Price per sq ft | $317 | $327 | 45% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 2518 | 2% |
Jun 19, 2026
$400,000
$425,000
-6% Price Drop
Initial Listing
Jun 16, 2026
$425,000
$450,000
-6% Price Drop
Initial Listing
Jun 8, 2026
$450,000
Initial Listing