8420 E MONTEBELLO Avenue, Scottsdale, AZ 85250, Scottsdale, 85250 - 2 bed, 2 bath
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8420 E MONTEBELLO Avenue
Scottsdale, AZ 85250
CLOSED
CONDITION: GOOD
2Beds
2Baths
1,088Sq Ft
1,233Lot Size
Property Price
LIST PRICE$321,000
EST. MARKET VALUE
$323,760
SUMMARY
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $321,000—positioned well below the $334,930 Fair Market Value by 4%. This valuation gap provides $13,930 in Instant Equity. With a Condition Rating of 3, the home features a new roof, newer HVAC, and updated interiors. Located near top-rated schools like Pueblo Elementary, this property offers a prime Scottsdale lifestyle. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready residence in a high-demand area.
Estimated Market Value
$323,760
Based on Realkey algorithm analyzing recent comparable sales in Scottsdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8420 E MONTEBELLO Avenue Subject | $321,000 | 2 | 2 | 1,088 | $298 | - |
A 8334 E Valley Vista Drive Sold | $360,000 | 2 | 2 | 1,174 | $307 | 0.4 mi |
B 6051 N GRANITE REEF Road Sold | $414,900 | 3 | 2 | 1,408 | $295 | 0.3 mi |
C 8457 E MONTEBELLO Avenue Pending | $320,000 List Price | 2 | 2 | 1,088 | $294 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1964, the property has undergone significant recent renovations including a new roof, newer HVAC system, updated bathroom, and fresh flooring. The kitchen features modern marble-look counters and updated aesthetics, making it a well-maintained, move-in ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Scottsdale Location
Situated in the heart of Scottsdale near Old Town and Fashion Square, the property offers exceptional access to premier dining, shopping, and nightlife, ensuring high desirability and lifestyle appeal.
- Recent Major Upgrades
The inclusion of a newer AC system and a brand-new roof provides significant value and peace of mind, reducing the immediate need for high-cost capital expenditures in a desert climate.
- Modernized Interior
Featuring fresh flooring, an updated bathroom, and a stylish kitchen with marble-look counters, the home presents a move-in-ready aesthetic that appeals to contemporary buyers.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1964, the property may possess aging infrastructure or utility systems common to older developments that could require future maintenance despite recent surface updates.
- Limited Square Footage
At 1,088 square feet, the interior living space is relatively compact for a two-story layout, which may feel restrictive for buyers seeking more expansive common areas or storage.
About 8420 E MONTEBELLO Avenue
Newer AC, New Roof, Updated bathroom! Tucked in the heart of Scottsdale, this charming 2-story townhome blends laid-back desert living with effortless, sun-soaked style. Fresh flooring flows through a bright, welcoming living room into a cheerful sage-colored kitchen with marble-look counters, a breakfast bar, and plenty of natural light. Upstairs two cozy retreats await after long desert days. Step outside to your private covered patio: perfectly sized for legendary Scottsdale evenings under the stars. A storage shed, updated features, and low maintenance HOA living complete the picture. You're minutes from Old Town, Scottsdale Fashion Square, and the Valley's best dining, shopping, and nightlife: Scottsdale lifestyle at a great price point. Careful! When you see it--you'll want to stop!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1964
- Lot Size
- 1,233 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $321 / Month
Neighborhood Insights
Scottsdale Unified Schools
Pueblo Elementary School
Grades PK-6 • 0.8 mi
8/10
Mohave Middle School
Grades 6-8 • 0.3 mi
7/10
Saguaro High School
Grades 9-12 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,088 | 1,571.969 |
| Lot Size | 1,233 | 2,069.021 |
| Price | $321.0K | $541.0K |
| Price per sq ft | $295 | $355 |
| Built year | 1964 | 1985 |
| HOA | $321 | $366 |
| Days on market | 51 | 87 |
Pricing History
Listed for Sale
Jul 20, 2026
$321,000
Initial Listing