8007 N 7th Ave

Phoenix, AZ 85021 View Map $1,399,000 Schedule a Tour
Beds8
Baths4
Sq.Ft.3,834
Year1981
Russell Diehl

Russell Diehl

(480) 695-5974

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Status: Active
Property Type:Single Family - Detached
MLS #:6609439
Sq. Feet:3,834
On Site:152 Days
Lot Size:18,382 Sq. Ft.
County:Maricopa
**Check docs tab to see STR revenue of ~$200k/yr and pro forma based on actual figures with a 24% ROI!** Welcome home to this extraordinary ranch-style residence, resting on an expansive half-acre lot with an astonishing 8 bedrooms- all generously sized- and 3.5 bathrooms. This gorgeous home is perfectly situated to offer you a lifestyle of comfort and convenience whether you choose to make this your forever home or a lucrative investment property- vacation rental or an assisted living facility! Furnishings can be included.
When you first arrive, a circular driveway, 2-car garage (currently a game room that can be easily converted back to a garage) and low-maintenance landscaping greet you. From your first step inside, you will be captivated by the interior's many upgrades and a highly desirable open floor plan that is bathed in natural light. For those with an appetite for entertaining, this layout is simply perfect! Your great room features 2 sets of double doors that span the back wall and offer plentiful sunlight and convenient access to your outdoor entertainment area. The gourmet kitchen showcases white shaker cabinets, custom tile backsplash, new high-end GE Profile stainless steel appliances (including a wall oven and gas cooktop), quartz countertops, and a welcoming breakfast bar. The house has a split floor plan with expansive bedrooms and luxurious bathrooms featuring oversized showers (1 is barrier free / roll in) in addition to a freestanding tub, perfect for relaxation after a long day.
You will love your private access via sliding doors (from 2 bedrooms!) that take you into your extraordinary backyard retreat, the ultimate paradise to bask in the Arizona sun. With a heated pool you can continue enjoying your outdoor oasis year round. Custom bar seating surrounds your hot tub so you won't need to go far for a cocktail! Games abound in this fun zone, challenge your friends to a tournament of bocce ball, putt putt, outdoor bowling and cornhole. For those that prefer to relax, this retreat features abundant seating around the fire pit and beyond- this backyard has something for everyone! It truly is perfect for enjoying your outdoor space and hosting unforgettable gatherings. If all that wasn't enough, the game room is another haven of entertainment with a ping pong table, a ring toss game, tabletop blackjack, and tabletop air hockey for countless hours of fun.

Additionally, this home received registration approval from the City of Phoenix in 2021 as a 10-bed assisted living facility, presenting an incredible business and investment opportunity. The home already has fire sprinklers, fire monitoring panel and a 1 inch water meter which are all requirements to get the registration approved. With these enhancements already installed you will save ~$20k and a couple months of time!

With all these features and this prime location; 20 minutes from Downtown Phoenix, 10 minutes to Biltmore, 10 minutes to uptown and numerous other shopping and restaurant options- you won't want to miss out on this incredible opportunity! Come see this beauty and how you could be living the lifestyle you've been dreaming of!

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
10/26/2023$1,750,000$1,650,000-5.7%
11/14/2023$1,650,000$1,550,000-6.1%
12/6/2023$1,550,000$1,495,000-3.5%
12/20/2023$1,495,000$1,450,000-3%
2/1/2024$1,450,000$1,399,000-3.5%

Community Information

Address:8007 N 7th Ave, Phoenix, AZ 85021
County:Maricopa
City:Phoenix
Township:3N
Zip Code:85021
Builder:Unknown

School Information

Elementary School:Richard E Miller School

Architecture

Bedrooms: 8
Bathrooms: 4
Year Built:1981
Stories:1
Style:Ranch, Territorial/Santa Fe
Construction Materials: Painted, Stucco, Slump Block
Stories: 1
Roof: Built-Up
Garage Spaces: 2
Covered Spaces: 2.0
Open Parking Spaces: 5.0
Parking Features: Dir Entry frm Garage, Separate Strge Area

Features / Amenities

Interior Features: Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
Flooring: Tile
Spa: Above Ground, Heated, Private
Master Bedroom: Split
Kitchen Features: Built-in Microwave, Dishwasher, Disposal, Kitchen Island, Multiple Ovens, Pantry, Range/Oven Gas, Refrigerator, Walk-in Pantry, Wall Oven(s)
Master Bathroom: 3/4 Bath Master Bdrm, Full Bth Master Bdrm, Separate Shwr & Tub, Double Sinks, Private Toilet Room, 2 Master Baths
Other Rooms: Great Room, Bonus/Game Room
Additional Bedroom: Other Bedroom Split, 2 Master Bedrooms, Separate Bedroom Exit, Master Bedroom Walk-in Closet, Other Bedroom Walk-in Closet
Dining Area: Formal,Breakfast Bar
Exterior Features: Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Storage
Accessibility Features: Accessible Door 32in+ Wide, Accessible Approach with Ramp, Mltpl Entries/Exits, Bath Roll-In Shower, Bath Grab Bars
Pool: Heated, Private
Green Energy Efficient: ENERGY STAR Light Fixture, Multi-Zones
Window: Skylight(s), Double Pane Windows
Horses: No
Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Heating: Electric, Natural Gas

Property Features

Lot Size: 0.42 Acres / 18,382 Sq. Ft.
Lot Features: Desert Back, Desert Front, Gravel/Stone Back, Synthetic Grass Back
Property Description: East/West Exposure
Landscaping: Gravel/Stone Back, Desert Front, Desert Back, Synthetic Grass Back
Sewer: Public Sewer
Water: City Water
Plumbing: Gas Hot Water Heater
Fencing: Block
Directions:From 7th and Northern, turn into property on the east side of 7th Avenue.

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2023
Tax Annual Amount: $6,439
Listing Terms: Cash, Conventional, 1031 Exchange, VA Loan, VA
Buyer Agency Compensation: 2.50
Possession: Close Of Escrow
Disclosures: Seller Discl Avail
Legal Description: SUB OF SW4 TH PT TRACT J DAF BEG SW COR SW4 SD SE C TH N 146F E 42F TO POB TH CONT E 100F N 08F E 9
Association Fee Includes: No Fees

Schools

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8007 N 7th Ave Phoenix,  AZ 85021
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8007 N 7th Ave Phoenix, AZ 85021
 
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Listing Information Last Updated 2/22/2024
Listing provided courtesy of Stay Sonnier Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Arizona Network Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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