NOT LISTED FOR SALE

1225 N Granite Reef Rd Scottsdale, AZ 85257

South Scottsdale Neighborhood

Estimated Value: $304,000 - $341,000

2 Beds
2 Baths
1,024 Sq Ft
$220/mo HOA Fee

Last Sold June 13, 2014

Last sale price $80,000 $78 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $1,985/month

43 Days on Market

Highlights

  • Vaulted Ceiling
  • Spanish Architecture
  • Eat-In Kitchen
  • Hohokam Traditional School Rated A
  • Balcony
  • Tile Flooring

About This Home

As of June 2014

This is a GREAT INVESTOR opportunity. This condominium is in a great location and is in terrific condition. This 2 bedroom 1.75 bath unit is close to the loop(s) 101 and 202 as well as ASU and downtown Scottsdale and Scottsdale Fashion Square. This is a great opportunity to have a money making investment in a GREAT location or a second inexpensive home for seasonal use?
It would also make a great home for everyday use as well.

Last Agent to Sell the Property

Ed Pierce

HomeSmart License #SA109996000 Listed on: 03/17/2014

HomeSmart

Last Buyer's Agent

Roxanne Mcgraw

HomeSmart License #SA040627000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $377

Year Built

  • Built in 1983

Lot Details

  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking
  • Unassigned Parking

Schools

  • Tonalea K-8 Elementary School
  • Coronado Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • Association fees include insurance, pest control, ground maintenance, front yard maint, trash, maintenance exterior
  • Vision Community Mgt Association, Phone Number (480) 759-4945
  • Summerfield Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 131-06-647

Property Details

Home Type

Condominium

Est. Annual Taxes

$377

Year Built

Built in 1983

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Cross Street: McDowell & Granite Reef
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 220.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2013
  • Directions: S. on Granite Reef to 84th Pl., E on 84th Pl to the 3rd entrance to the West. Go W. about 100 yards, then S. to 1225 on the West side of large parking area. The address numbers are above the carport.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Summerfield
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 220.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1024.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Unassigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: Management
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: Vision Community Mgt
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 399.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vision Community Mgt
  • Association Fees:HOA Telephone4: 480-759-4945
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Insurance, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Maintenance Exterior

Schools

  • Elementary School: Tonalea K-8
  • High School: Coronado Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 929.0
  • Parcel #: 131-06-647
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 376.54
  • Tax Book Number: 131.00
  • Tax Lot: 4
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Jun 10, 2014
Sold by
Coughlin David W
Bought by
Rinehart Anthony
Seller's Agent
Ed Pierce
HomeSmart
Buyer's Agent
Roxanne Mcgraw
HomeSmart
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$325,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,348
Avg. Annual Appreciation
13.28%
Original Mortgage
$76,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1999
Sold by
Hope Sherelle J
Bought by
Coughlin David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 1997
Sold by
Wood Charles Eugene
Bought by
Hope Sherelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,950
Interest Rate
7.56%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rinehart Anthony $80,000 Driggs Title Agency Inc
Coughlin David W $71,000 Lawyers Title Of Arizona Inc
Hope Sherelle J $58,500 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinehart Anthony $76,000
Previous Owner Coughlin David W $69,000
Previous Owner Hope Sherelle J $56,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $80,000 0.0% $78 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/23/2014 04/23/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $80,000 0.0% $78 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $80,000 -- $78 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $482 $8,372 -- --
2024 $472 $7,973 -- --
2023 $472 $22,170 $4,430 $17,740
2022 $449 $17,720 $3,540 $14,180
2021 $486 $16,160 $3,230 $12,930
2020 $482 $14,780 $2,950 $11,830
2019 $468 $12,730 $2,540 $10,190
2018 $457 $10,620 $2,120 $8,500
2017 $432 $8,800 $1,760 $7,040
2016 $423 $7,210 $1,440 $5,770
2015 $406 $6,410 $1,280 $5,130
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Ed Pierce

    HomeSmart

    Section Image
  • Roxanne Mcgraw

    Buyer's Agent in 2014

    Roxanne Mcgraw

    HomeSmart

    (602) 574-1074

    5 Total Sales

    Roxanne Mcgraw
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5086914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-06-647

Arizona Maricopa County Scottsdale 85257 South Scottsdale

1225 N Granite Reef Rd, Scottsdale, AZ

This home is located at 1225 N Granite Reef Rd, Scottsdale, AZ 85257 since 17 March 2014 and is currently estimated at $325,348, approximately $317 per square foot. This property was built in 1983. 1225 N Granite Reef Rd is a home located in Maricopa County with nearby schools including Hohokam Traditional School, Tonalea Middle School, and Coronado High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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