
Scottsdale, AZ 85251
This Prime Old Town Scottsdale Value-Add Condo is listed at $309,000, representing a market-stabilized entry point relative to its $300,225 Fair Market Value. Holding a Condition Rating of 4, the property requires cosmetic updates to align with modern standards, offering a clear path for forced appreciation in a premier location. The unit features a spacious 1,130 sq ft layout, private balcony, and access to resort-style pools. Located steps from Fashion Square and served by Mohave Middle School (Rating: 7), this asset is positioned for high rental demand. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7777 E MAIN Street 234 Subject | $309,000* List Price | 2 | 2 | 1,130 | $266 | - |
A 7950 E CAMELBACK Road 308 Sold | $325,000 | 2 | 2 | 1,200 | $271 | 0.9 mi |
B 7910 E THOMAS Road 222 Sold | $320,000 | 2 | 2 | 1,033 | $310 | 0.7 mi |
C 3500 N HAYDEN Road 607 Sold | $240,000 | 2 | 2 | 955 | $251 | 0.3 mi |
D 3031 N CIVIC CENTER Plaza 139 Sold | $385,000 | 2 | 2 | 1,192 | $323 | 0.7 mi |
E 7910 E THOMAS Road 118 Sold | $377,500 | 2 | 3 | 1,194 | $316 | 0.7 mi |
F 7777 E Main Street 206 Active | $353,000 List Price | 2 | 2 | 1,130 | $312 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1982 and the listing explicitly mentions 'potential updates' and 'renovation requirements,' indicating that the interior finishes are likely dated. While the community grounds appear well-maintained, the interior images show older carpeting, mirrored closet doors, and basic fixtures consistent with a home that has not undergone a major renovation in over 20 years. It is functional and livable but requires cosmetic modernization to meet current market standards.
Situated in the heart of Old Town Scottsdale, the property offers exceptional walkability to world-class dining, art galleries, nightlife, and the Fashion Square mall.
The Scottsdale Springs community provides a resort-like atmosphere with lush landscaping, multiple pools, spas, and assigned parking, supporting a low-maintenance lifestyle.
At 1,130 square feet, this unit features a generous open great room and a private balcony, offering more living space than many standard two-bedroom condos in the area.
The listing explicitly mentions 'potential updates,' indicating that the interior finishes may be dated and require additional capital investment to modernize.
Constructed in 1982, the property may lack modern energy-efficient features and could face higher long-term maintenance costs associated with aging infrastructure.
Prime Old Town Scottsdale condo! This unit is a charming 2 bed, 2 bath, 1,130 sq ft with open great room, private balcony overlooking lush grounds, spacious bedrooms & potential updates. Enjoy community pools/spas, beautiful landscaping & assigned parking. Low-maintenance HOA lifestyle. Steps to top dining, shopping, art galleries, nightlife & Fashion Square. Quick Loop 101 access. Ideal primary, second home or investment won't last! Schedule your showing today! Prime Old Town Scottsdale condo! This unit is a charming 2 bed, 2 bath, 1,130 sq ft with open great room, private balcony overlooking lush grounds, spacious bedrooms & potential updates. Enjoy community pools/spas, beautiful landscaping & assigned parking. Low-maintenance HOA lifestyle. Steps to top dining, shopping, art galleries, nightlife & Fashion Square. Quick Loop 101 access. Ideal primary, second home or investmentwon't last! Schedule your showing today!
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 2.5 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 | 1,130 | 1,161 | 47% |
| Lot Size | 1,102 | 864.5 | 64% |
| Price | $309.0K | $297.0K | 50% |
| Price per sq ft | $273 | $286 | 49% |
| Built year | 1982 | 1981 | 51% |
| HOA | $336 | $344 | 49% |
| Days on market | 79 | 2556 | 1% |
Feb 2, 2026
$309,000
Initial Listing