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$650,000 Just Listed
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Property Description
Tucked in the heart of Scottsdale near Pima and Thomas, this beautifully updated 3-bedroom, 2-bathroom home sits in one of the Valley's most sought-after pockets -- walkable to dining, biking paths, and everything that makes this zip code special. Inside, vaulted 9+ foot ceilings set the tone the moment you walk in. The 2022-remodeled kitchen is the heart of the home -- quartz countertops, a large island, and an eat-in dining area that was made for gathering. Zero interior steps, a spacious primary suite with walk-in closet and dual vanity ¾ bath, elegant updated flooring and bathrooms throughout. Out back, the east/west facing lot delivers those Arizona evenings you moved here for -- sparkling play pool, covered patio, and low-maintenance desert landscape. The big stuff has been handled-- newer AC, water heater, and an upgraded electrical panel with capacity for an EV charger, sauna, or pool heater. The temperature-controlled garage with mini split is the kind of bonus that buyers remember. And NO HOA. Currently operating as a short-term rental generating over $57,000 in gross revenue in 2025 -- 56% occupancy, $292 average nightly rate. The income history is there if you want it, and the lifestyle is there if you don't.
Full Property Details
Full Property Details for 2518 N 87th Terrace
General
- Price: $650,000
- Taxes: $1,429 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7018188
- Updated: 4/23/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Quartz Countertops, High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Outdoor
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Attch'd Gar Cabinets
Location
- County: Maricopa
- Township: 2N
- Subdivision: PIMA MEADOWS 2 LOTS 65-78
- Cross Streets: Pima Rd & Thomas Rd
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Composition
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,989
- Lot Size Source: Assessor
- Frontage: Paved
- Lot Features: East/West Exposure, Desert Back, Desert Front, Gravel/Stone Back, Auto Timer H2O Front
Financial Considerations
- Tax Amount: $1,429
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 38 PIMA MEADOWS 2 LOTS 65-78 MCR 013520
- Property ID: 131-42-137
- Range: 4E
- Section: 36
- Lot Number: 38
Listed by Howe Realty
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Schools
Schools serving 2518 N 87th Terrace
School District:Scottsdale Unified District
| Name | Grades | Distance |
|---|---|---|
Hohokam Elementary School 8451 East Oak Street, Scottsdale, AZ 85257 | PK-5 | 0.4 mi |
Cherokee Elementary School 8801 North 56th Street, Paradise Valley, AZ 85253 | PK-5 | 7.3 mi |
Laguna Elementary School, Scottsdale, AZ 10475 East Lakeview Drive, Scottsdale, AZ 85258 | PK-5 | 7.4 mi |
Tonalea Elementary School 6720 E Continental Dr, Scottsdale, AZ 85257 | 6-8 | 2.8 mi |
Coronado High School 7501 East Virginia Avenue, Scottsdale, AZ 85257 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2518 N 87th Terrace
Date
Details
Price
Change
Source
4/23/2026
Listed
$650,000
-11.56%
MLS
5/20/2022
Sold
$735,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2518 N 87th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,429
4%
$51,350
9%
2024
$1,368
1%
$47,130
-11%
2023
$1,352
26%
$53,180
18%
2022
$1,075
—
$45,210
44%
2022
$1,075
-8%
$31,470
9%
2021
$1,165
1%
$28,850
8%
2020
$1,154
3%
$26,780
10%
2019
$1,120
2%
$24,330
21%
2018
$1,094
6%
$20,130
7%
2017
$1,034
2%
$18,900
6%
2016
$1,014
5%
$17,800
6%
2015
$967
2%
$16,760
35%
2014
$952
5%
$12,460
17%
2013
$904
—
$10,630
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2518 N 87th Terrace
2518 N 87th Terrace, Scottsdale, AZ 85257 (MLS# 7018188) is a Single Family property with 3 bedrooms and 2 full bathrooms. 2518 N 87th Terrace is currently listed for $650,000 and was received on April 23, 2026. Want to learn more about 2518 N 87th Terrace? Do you have questions about finding other Single Family real estate for sale in Scottsdale? You can browse all Scottsdale real estate or contact a Coldwell Banker agent to request more information.

