NOT LISTED FOR SALE

5320 N Granite Reef Rd Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $685,000 - $760,000

3 Beds
2 Baths
1,664 Sq Ft
$430/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $380,000 $228 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,930/month

16 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Ceiling Fan
  • Navajo Elementary School Rated A-
  • Double Pane Windows
  • 1-Story Property

About This Home

As of February 2020

BEST PRICED HOUSE IN SCOTTSDALE. Great Starter Home or Potential Investment Opportunity/Flip! Rents in this area go for $2000-$2400 for comparable homes!
Luxurious GRANITE FLOORING every but in the bedrooms. BAMBOO FLOORING in the bedrooms. NEW GARAGE DOOR
PERFECT Long or Short Term Vacation Rental

*IDEAL LOCATION Close to Downtown Scottsdale, CHAPARRAL LAKE/PARK, SHOPS, GALLERIES, CAFES, TALKING STICK RESORT & MORE

Last Agent to Sell the Property

Kunal Khanna

West USA Realty License #SA656418000 Listed on: 11/08/2019

West USA Realty

Last Buyer's Agent

Kunal Khanna

West USA Realty License #SA656418000 Listed on: 11/08/2019

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1965

Lot Details

  • 7,206 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Pima Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Built by HALLCRAFT
  • Parkcrest Subdivision

Listing and Financial Details

  • Tax Lot 172
  • Assessor Parcel Number 173-73-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,485

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Tax Year: 2019
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: PARKCREST
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1664.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Pima Elementary School
  • High School: Saguaro High School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7206.0
  • Parcel #: 173-73-170
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: HALLCRAFT

Tax Info

  • Tax Annual Amount: 1485.0
  • Tax Book Number: 173.00
  • Tax Lot: 172
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 6, 2020
Sold by
Khanna Rajesh and Khanna Shubh Kiran
Bought by
Amorese James
Seller's Agent
Kunal Khanna
West USA Realty
Buyer's Agent
Kunal Khanna
West USA Realty
List Price
$399,999
Sold Price
$380,000
Premium/Discount to List
-$19,999
-5%
Total Days on Market
16
Current Estimated Value
$716,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,317
Avg. Annual Appreciation
12.36%
Original Mortgage
$361,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2011
Sold by
Khanna Shuby K
Bought by
Khanna Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,371
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2002
Sold by
Khanna Rajesh and Khannna Rajesh
Bought by
Khanna Rajesh and Khanna Shubh K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.17%

Purchase Details

Closed on
Jan 23, 2001
Sold by
Nelson Low Jane
Bought by
Khanna Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,700
Interest Rate
7.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1998
Sold by
Aronoff Arnold
Bought by
Nelson Low Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,800
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1998
Sold by
Kobold Vanessa Marie Bair and Bair Vanessa Marie
Bought by
Aronoff Arnold

Purchase Details

Closed on
Nov 7, 1994
Sold by
West Randy and West Susan
Bought by
Bair Vanessa Marie
Source: Public Records

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Range of Values:

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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
Amorese James $380,000 Security Title Agency Inc
Khanna Rajesh -- Magnus Title Agency
Khanna Rajesh -- First Financial Title Agency
Khanna Rajesh $134,500 --
Nelson Low Jane $138,500 First American Title
Aronoff Arnold $99,000 First American Title
Bair Vanessa Marie $87,432 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amorese James $56,000
Open Amorese James $360,500
Closed Amorese James $362,000
Closed Amorese James $361,000
Previous Owner Khanna Rajesh $94,000
Previous Owner Khanna Rajesh $229,000
Previous Owner Khanna Rajesh $228,000
Previous Owner Khanna Rajesh $114,371
Previous Owner Khanna Rajesh $90,000
Previous Owner Khanna Rajesh $48,700
Previous Owner Khanna Rajesh $130,000
Previous Owner Khanna Rajesh $127,700
Previous Owner Nelson Low Jane $110,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $380,000 -5.0% $228 / Sq Ft
11/08/2019 11/08/19 For Sale $399,999 -- $240 / 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 $1,532 $26,659 -- --
2024 $1,498 $25,390 -- --
2023 $1,498 $48,380 $9,670 $38,710
2022 $1,425 $38,430 $7,680 $30,750
2021 $1,545 $34,060 $6,810 $27,250
2020 $1,531 $29,760 $5,950 $23,810
2019 $1,485 $27,530 $5,500 $22,030
2018 $1,451 $25,270 $5,050 $20,220
2017 $1,370 $24,810 $4,960 $19,850
2016 $1,335 $23,480 $4,690 $18,790
2015 $1,290 $21,960 $4,390 $17,570
Source: Public Records

Agents Affiliated with this Home

  • Kunal Khanna

    Seller's Agent in 2020

    Kunal Khanna

    West USA Realty

    (480) 678-0456

    8 in this area

    32 Total Sales

    Kunal Khanna
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6002283

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-73-170

Arizona Maricopa County Scottsdale 85250 Indian Bend

5320 N Granite Reef Rd, Scottsdale, AZ

This home is located at 5320 N Granite Reef Rd, Scottsdale, AZ 85250 since 08 November 2019 and is currently estimated at $716,317, approximately $430 per square foot. This property was built in 1965. 5320 N Granite Reef Rd is a home located in Maricopa County with nearby schools including Navajo Elementary School, Pueblo Elementary School, and Mohave Middle 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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