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$475,000
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Property Description
Step into an incredible opportunity to own in one of South Scottsdale's most desirable neighborhoods, where surrounding homes regularly sell in the $600,000-$800,000 range. This thoughtfully designed 2-bedroom, 2-bath home is ideal for buyers seeking a smaller, efficient footprint without sacrificing location or lifestyle. Perfectly situated just two miles from Downtown Scottsdale, ASU, Tempe Town Lake, and the Loop 101 & 202 freeways, and only four miles from Sky Harbor Airport, this home puts the best of the Valley right at your doorstep. Inside, you'll find a warm, welcoming space that has been fully remodeled with modern style and comfort in mind. Major upgrades have already been completed, offering peace of mind and long-term value: a new roof (2021), new HVAC system and sewer line (2019), water heater (2018), and added attic insulation (2020). Simply move in and enjoy. The expansive backyard provides plenty of room to relax or entertain, while outdoor enthusiasts will love being less than a mile from Indian Bend Wash Greenbelt and Papago Park, with a charming neighborhood park just a few homes away. Additional highlights include no HOA, a desirable north/south-facing lot, low-maintenance landscaping, a RV gate, and a spacious storage shed. All appliances are included, making this home truly move-in ready or an excellent turn-key rental opportunity. Homes like this, at this price, in this location, are definitely rare. Don't miss your chance to own a truly special South Scottsdale property.
Full Property Details
Full Property Details for 7240 E Garfield St
General
- Price: $475,000
- Taxes: $1,080 (2024)
- Status: Under Contract
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7003861
- Updated: 3/25/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Storage
Parking
- Parking Features: RV Gate, Separate Strge Area
Location
- County: Maricopa
- Township: 1N
- Subdivision: NEW PAPAGO PARKWAY 10
- Cross Streets: McDowell & Scottsdale Rd
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Heat Pump, Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Painted, Block
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1960
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,569
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Sprinklers In Front, Alley, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
Financial Considerations
- Tax Amount: $1,080
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 375 NEW PAPAGO PARKWAY 10 MCR 009041
- Property ID: 131-47-063
- Range: 4E
- Section: 2
- Lot Number: 375
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Schools
Schools serving 7240 E Garfield St
School District:Scottsdale Unified District
| Name | Grades | Distance |
|---|---|---|
Yavapai Elementary School 701 North Miller Road, Scottsdale, AZ 85257 | PK-5 | 0.5 mi |
Cherokee Elementary School 8801 North 56th Street, Paradise Valley, AZ 85253 | PK-5 | 7.7 mi |
Laguna Elementary School, Scottsdale, AZ 10475 East Lakeview Drive, Scottsdale, AZ 85258 | PK-5 | 9.2 mi |
Tonalea Elementary School 6720 E Continental Dr, Scottsdale, AZ 85257 | 6-8 | 0.7 mi |
Coronado High School 7501 East Virginia Avenue, Scottsdale, AZ 85257 | 9-12 | 1.2 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 7240 E Garfield St
Date
Details
Price
Change
Source
3/25/2026
Listed
$475,000
82.69%
MLS
5/15/2018
Sold
$260,000
—
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 7240 E Garfield St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,129
5%
$39,300
3%
2024
$1,080
21%
$37,980
-4%
2023
$894
5%
$39,710
23%
2022
$849
—
$32,330
41%
2022
$849
-8%
$22,930
5%
2021
$920
1%
$21,900
4%
2020
$912
3%
$21,000
12%
2019
$886
2%
$18,720
6%
2018
$866
6%
$17,650
11%
2017
$818
2%
$15,930
15%
2016
$802
5%
$13,820
-6%
2015
$766
-2%
$14,770
34%
2014
$783
9%
$11,010
32%
2013
$717
—
$8,370
—
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 7240 E Garfield St
7240 E Garfield Street, Scottsdale, AZ 85257 (MLS# 7003861) is a Single Family property with 2 bedrooms and 2 full bathrooms. 7240 E Garfield Street is currently listed for $475,000 and was received on March 25, 2026. Want to learn more about 7240 E Garfield Street? 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.

