8007 N 7th Avenue, Phoenix, AZ 85021

$1,300,000
8
BD
3.5
BA
3,834
SqFt
Sold Price
$1,300,000
List Price
$1,350,000
Closing Date
May 14, 2024
Days on Market
185
Status
CLOSED
MLS#
6609439
City
Phoenix
Bedrooms
8
Bathrooms
3.5
Living SQFT
3,834
Lot Size
18,382
Subdivision
Subdivision Of Sw4 Sec 32 T3n R3e
Year Built
1981
Type
Single Family - Detached

Property Description

** NEW PRICE** Rental revenue of ~$200k/yr, see pro forma in docs tab. 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!

Additional Information

Elementary School
Richard E Miller School
High School
Sunnyslope High School
Middle School
Royal Palm Middle School
School District
Glendale Union High School District
Acres
0.42
Architecture
Ranch, Territorial/Santa Fe
Assoc Fee Includes
No Fees
Builder Name
Unknown
Construction
Painted, Stucco, Slump Block
Cooling
Refrigeration, Programmable Thmstat, Ceiling Fan(s)
Exterior Features
Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Storage
Fencing
Block
Fireplace
None
Flooring
Tile
Garage Spaces
2
Accessibility Features
Accessible Door 32in+ Wide, Accessible Approach with Ramp, Mltpl Entries/Exits, Bath Roll-In Shower, Bath Grab Bars
Heating
Electric, Natural Gas
Living Area
3,834
Lot Size
18,382
New Financing
Conventional, 1031 Exchange, VA Loan
Other Rooms
Great Room, Bonus/Game Room
Parking Features
Dir Entry frm Garage, Separate Strge Area
Property Description
East/West Exposure
Roofing
Built-Up
Sewer
Public Sewer
Pool
Yes
Spa
Above Ground, Heated, Private
Stories
1
Style
Detached
Subdivision
Subdivision Of Sw4 Sec 32 T3n R3e
Taxes
$6,439
Tax Year
2023
Water
City Water

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Russ Lyon Sotheby's International Realty. Selling Office: Kappa Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.