$230,000
SOLD JUN 27, 2024

5877 N Granite Reef Rd Unit 1114 Scottsdale, AZ 85250

Indian Bend Neighborhood
1 Bed
1 Bath
680 Sq Ft
$262/mo HOA Fee

Recently Sold

$338 Per Sq Ft

2% Below List Price

0 Day on Market

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Heated Community Pool
  • Pueblo Elementary School Rated A
  • Granite Countertops
  • Tennis Courts

About This Home

As of June 2024

Discover a move-in ready condo in the perfect South Scottsdale location! This first-floor gem offers modern comforts and amenities, making it ideal for both a vacation home and a permanent residence. The HOA dues cover AC/heat, water, sewer, and trash, ensuring hassle-free living. Situated just minutes from Spring Training games, Talking Stick Resort/Casino, Fashion Square Shopping, Old Town Scottsdale, golf courses, entertainment, and dining, with convenient access to the 101 FWY for easy commuting, this condo is in a prime location. The community features a heated pool and spa, tennis court, clubhouse, BBQ areas, and a fitness center. Inside, you'll find wood plank-look flooring, granite countertops in the kitchen and bath, stainless steel appliances, a new hot water heater, Nest thermostat, high-end washer and dryer, and upgraded faucets, lighting, and ceiling fan. Assigned covered parking is just steps away, adding to the convenience. This property blends luxury and practicality, perfect for enjoying the vibrant Scottsdale lifestyle. Don't miss the opportunity to make this exceptional condo your new home!

Last Agent to Sell the Property

Charles Andrews

Keller Williams Arizona Realty License #SA664021000 Listed on: 06/10/2024

Keller Williams Arizona Realty

Co-Listed By

Emily Lewandowski

Keller Williams Arizona Realty License #SA699893000

Last Buyer's Agent

Ryan Schroeder

Fathom Realty Elite License #SA676754000

Fathom Realty Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $540

Year Built

  • Built in 1980

Lot Details

  • Desert faces the front of the property

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 680 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Unit is below another unit
  • Property is near a bus stop

Schools

  • Pueblo Elementary School
  • Mohave Middle School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1114
  • Assessor Parcel Number 173-75-283

Community Details

Overview

  • Association fees include sewer, ground maintenance, front yard maint, air conditioning and heating, trash, water, maintenance exterior
  • Heywood Property Mgm Association, Phone Number (480) 820-1519
  • Monterra Scottsdale Residences Condominium Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$540

Year Built

Built in 1980

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Cross Street: McDonald & Granite Reef
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 262.0
  • 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: 1980
  • Tax Year: 2023
  • Directions: From McDonald & Granite Reef, head south on Granite Reef & turn east into complex at 2nd entrance to #1114.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 262.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Master Downstairs, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 680.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Above
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Near Bus Stop, Tennis Court(s), Fitness Center
  • Association Fee: 262.0
  • Association Fee Frequency: Monthly
  • Association Name: Monterra
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 437.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Monterra
  • Association Fees:HOA Telephone4: 480-820-1519
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 691.44
  • Association Fees:Disclosure Fees HOA: 185.0
  • Association Fees:Other Fees HOA: 247.0
  • Association Fees:Other Fees Description: HOA Inspection $216 + Processing $31
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood Property Mgm
  • Association Fees:HOA Management Phone: 480-820-1519
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Front Yard Maint, Air Cond/Heating, Trash, Water, Maintenance Exterior

Schools

  • Elementary School: Pueblo Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 665.0
  • Parcel #: 173-75-283

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 540.0
  • Tax Book Number: 173.00
  • Tax Lot: 1114
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jun 27, 2024
Sold by
Granite Reef 1114 Llc
Bought by
Yousif Janet
Seller's Agent
Charles Andrews
Keller Williams Arizona Realty
Buyer's Agent
Ryan Schroeder
Fathom Realty Elite
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
11
Current Estimated Value
$227,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,797
Avg. Annual Appreciation
2.11%

Purchase Details

Listed on
May 15, 2023
Closed on
May 10, 2023
Sold by
Larraza Jaysen
Bought by
Granite Reef 1114 Llc
Seller's Agent
Linda LeBlang
RE/MAX Fine Properties
Buyer's Agent
Raymond Kerege
HomeSmart
Sold Price
$1,600
Views
11

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 17, 2020
Sold by
Kent Cathy L
Bought by
Larraza Jaysen
Seller's Agent
Roseann Dunteman
Russ Lyon Sotheby's International Realty
Buyer's Agent
Charles Andrews
Keller Williams Arizona Realty
List Price
$188,000
Sold Price
$179,500
Premium/Discount to List
-$8,500
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$161,550
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2020
Closed on
May 19, 2020
Sold by
Kent Alan S
Bought by
Kent Cathy L
Seller's Agent
Danny Hicke
Caliber Realty Group, LLC
Buyer's Agent
Roseann Dunteman
Russ Lyon Sotheby's International Realty
List Price
$169,900
Sold Price
$166,000
Premium/Discount to List
-$3,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%

Purchase Details

Listed on
Jun 25, 2017
Closed on
Aug 17, 2017
Sold by
Our Kauai Paradise Llc
Bought by
Farwell Cassie
Seller's Agent
Patricia Sampson
Real Broker
Buyer's Agent
Danny Hicke
Caliber Realty Group, LLC
List Price
$122,900
Sold Price
$123,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$123,000
Interest Rate
3.96%
Mortgage Type
VA

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jun 13, 2012
Sold by
Park Scottsdale Holdings Llc
Bought by
Our Kauai Paradise Llc
Seller's Agent
Diana Rollnick
Allegiant Properties
Buyer's Agent
Patricia Sampson
Real Broker
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $230,000 Chicago Title Agency
Warranty Deed -- None Listed On Document
Warranty Deed $179,500 Stewart Ttl & Tr Of Phoenix
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Warranty Deed $166,000 Pioneer Title Agency Inc
Warranty Deed $123,000 Equity Title Agency Inc
Cash Sale Deed $72,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $161,550 New Conventional
Previous Owner $123,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $230,000 -2.1% $338 / Sq Ft
06/11/2024 06/11/24 For Sale $235,000 0.0% $346 / Sq Ft
06/20/2023 06/20/23 Rented $1,600 0.0% --
06/19/2023 06/19/23 Under Contract -- -- --
05/16/2023 05/16/23 For Rent $1,600 0.0% --
12/22/2020 12/22/20 Sold $179,500 -4.5% $264 / Sq Ft
11/02/2020 11/02/20 For Sale $188,000 +13.3% $276 / Sq Ft
05/26/2020 05/26/20 Sold $166,000 -0.6% $244 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $166,999 0.0% $246 / Sq Ft
04/01/2020 04/01/20 Price Changed $167,000 -1.7% $246 / Sq Ft
03/19/2020 03/19/20 For Sale $169,900 0.0% $250 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $169,900 +38.1% $250 / Sq Ft
08/30/2017 08/30/17 Sold $123,000 -4.7% $181 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
06/30/2017 06/30/17 Price Changed $129,000 +5.0% $190 / Sq Ft
06/10/2017 06/10/17 For Sale $122,900 0.0% $181 / Sq Ft
12/13/2014 12/13/14 Rented $800 0.0% --
12/13/2014 12/13/14 Under Contract -- -- --
12/09/2014 12/09/14 For Rent $800 0.0% --
06/14/2012 06/14/12 Sold $72,000 -- $106 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
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 $461 $8,073 -- --
2024 $540 $7,689 -- --
2023 $540 $16,250 $3,250 $13,000
2022 $429 $12,730 $2,540 $10,190
2021 $465 $11,350 $2,270 $9,080
2020 $539 $10,220 $2,040 $8,180
2019 $447 $9,570 $1,910 $7,660
2018 $437 $8,500 $1,700 $6,800
2017 $483 $7,960 $1,590 $6,370
2016 $473 $6,680 $1,330 $5,350
2015 $451 $5,800 $1,160 $4,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6717354

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-283