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$1,125,000
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Property Description
Opportunity Zone! Great Development opportunity in the heart of Old Town, currently zoned D/OR-2. Preliminary studies on residential condo / townhome project with significant upside. Must be sold with 7546 E. 1st. Existing home on property is partially demoed on the interior. See Supplement attached to listing with basic project economics. Call LA for more information! Owner/Agent
Full Property Details
Full Property Details for 7540 E 1st St #16
General
- Sold For: $1,125,000
- Taxes: $2,500 (2021)
- Status: Closed
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6540415
- Added to Site: 779 day(s) ago
Location
- County: Maricopa
- Township: 2N
- Subdivision: REDDELL MANOR
- Cross Streets: 1st Street between 75th and Miller
Utilities
- Dist. to Gas: On Property
- Dist. to Electric: On Property
- Sewer: Public Sewer
- Dist. to Sewer: On Property
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: On Property
Additional Structures
- Other Structures: See Remarks, Residence
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,118
- Lot Dimensions: 70 x 125
- Lot Features: North/South Exp
- Development Status: See Remarks
- Zoning: D/OR-2
Financial Considerations
- Tax Amount: $2,500
- Tax Year: 2021
- Terms: 1031 Exchange, Conventional
Disclosures and Reports
- Special Conditions: Owner/Agent
- Legal Description: LOT 16 BLOCK 1 REDDELL MANOR MCR 004927
- Property ID: 130-25-016-A
- Range: 4E
- Section: 26
- Lot Number: 16
Listed and Sold by GNS Realty- AZ, LLC
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Schools
Schools serving 7540 E 1st St #16
School District:Scottsdale Unified District
| Name | Grades | Distance |
|---|---|---|
Navajo Elementary School 4525 North Granite Reef Road, Scottsdale, AZ 85251 | PK-5 | 1.3 mi |
Pueblo Elementary School, Scottsdale, AZ 6320 North 82nd Street, Scottsdale, AZ 85250 | PK-5 | 2.7 mi |
Mohave Middle School 8490 East Jackrabbit Road, Scottsdale, AZ 85250 | 6-8 | 2.1 mi |
Saguaro High School 6250 North 82nd Street, Scottsdale, AZ 85250 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7540 E 1st St #16
Date
Details
Price
Change
Source
4/24/2024
Sold
$1,125,000
-10%
MLS
4/05/2023
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7540 E 1st Street #16, Scottsdale, AZ 85251 (MLS# 6540415) is a Lots/Land property that was sold at $1,125,000 on April 24, 2024. Want to learn more about 7540 E 1st Street #16? Do you have questions about finding other Lots/Land real estate for sale in Scottsdale? You can browse all Scottsdale real estate or contact a Coldwell Banker agent to request more information.

