NOT LISTED FOR SALE

5877 N Granite Reef Rd Unit 1117 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $235,000 - $253,000

1 Bed
1 Bath
680 Sq Ft
$336/mo HOA Fee

Last Sold May 21, 2018

Last sale price $142,999 $210 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,654/month

Highlights

  • Fitness Center
  • Heated Spa
  • Granite Countertops
  • Pueblo Elementary School Rated A
  • Clubhouse
  • Tile Flooring

About This Home

As of March 2024

Unfurnished 12-month rental in a highly desirable central Scottsdale location. Available for immediate move-in. Ground level, nicely maintained 1 bedroom, 1 bathroom unit with storage closet and patio. The community features pool/spa, tennis court and fitness center all located near the unit.

Additional details: Available for immediate move in. Washer, dryer, and kitchen appliances are included in the lease. One covered parking space (space #1234), HOA is paid by owner and includes water, sewer, trash, and A/C portion of electricity. Pets are considered at the lessor's approval.

Last Agent to Rent the Property

Kyle Hermann

RE/MAX Fine Properties Brokerage Email: kyle@azluxuryparnters.com License #BR665419000 Listed on: 01/19/2024

RE/MAX Fine Properties

Co-Listed By

Cheryl Solano

RE/MAX Fine Properties Brokerage Email: kyle@azluxuryparnters.com License #SA541911000

Last Renter's Agent

Erin Mullins

Compass License #SA691685000

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $546

Year Built

  • Built in 1980

Lot Details

  • Block Wall Fence

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 680 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Navajo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 1/19/24
  • Rent includes water, sewer, rental tax, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 1117
  • Assessor Parcel Number 173-75-286

Community Details

Overview

  • Monterra Scottsdale Association, Phone Number (480) 820-1519
  • Monterra Scottsdale Residences Condominium Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$546

Year Built

Built in 1980

Lot Details

0

HOA Fees

$336 per month

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Rental Tax, Garbage Collection
  • Available Date: 2024-01-19

Listing Details

  • Cross Street: Granite Reef Rd. and McDonald
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Rental Info H O A Fee Paid Freq: Monthly
  • Rental Info H O A Name: Monterra Scottsdale
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.75
  • Lease Term Minimum Lease Term Months: 12
  • Directions: South on N. Granite Reef Rd from McDonald Drive, community is on your right. Unit is located on South side of the community near the community pool.
  • Attribution Contact: kyle@azluxuryparnters.com
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: Heated
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Full Bth Master Bdrm
  • Living Area: 680.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Tennis Court(s)
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame
  • Roof: Built-Up
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Tennis Court(s), Clubhouse, Fitness Center
  • Association Fee: 336.01
  • Association Fee Frequency: Monthly
  • Association Name: Monterra Scottsdale
  • Phone: 480-820-1519
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 665.0
  • Parcel #: 173-75-286

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 173.00
  • Tax Lot: 1117
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Coady Clayton W and The Clayton W Coady Living Tru
Bought by
5877 Gr 1117 Llc
Current Estimated Value
$240,747

Purchase Details

Listed on
May 4, 2018
Closed on
May 18, 2018
Sold by
Smith Megan R M and Smith Alex L A
Bought by
Coady Clayton W and Clayton W Coady Living Trust
Seller's Agent
Aaron Smith
Ace Realty Group
Buyer's Agent
Karen Santaella
HomeSmart
List Price
$149,999
Sold Price
$142,999
Premium/Discount to List
-$7,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
May 6, 2011
Sold by
Smith Megan R M and Smith Alex L A
Bought by
Smith Megan R M and Smith Alex L A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,713
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2008
Sold by
Park Scottsdale Holdings Llc
Bought by
Mcfarland Megan and Smith Lou Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,744
Interest Rate
5.99%
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
5877 Gr 1117 Llc -- None Available
Coady Clayton W $142,999 Security Title Agency Inc
Smith Megan R M -- Accommodation
Mcfarland Megan $146,000 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Megan R M $140,713
Previous Owner Mcfarland Megan $143,744
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Rented $1,500 0.0% --
03/02/2024 03/02/24 Under Contract -- -- --
01/19/2024 01/19/24 For Rent $1,500 0.0% --
05/21/2018 05/21/18 Sold $142,999 -4.7% $210 / Sq Ft View Prior Sale
05/04/2018 05/04/18 For Sale $149,999 -- $221 / 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 $546 $8,073 -- --
2024 $540 $7,689 -- --
2023 $540 $16,250 $3,250 $13,000
2022 $512 $12,730 $2,540 $10,190
2021 $544 $11,350 $2,270 $9,080
2020 $539 $10,220 $2,040 $8,180
2019 $521 $9,570 $1,910 $7,660
2018 $504 $8,500 $1,700 $6,800
2017 $412 $7,960 $1,590 $6,370
2016 $404 $6,680 $1,330 $5,350
2015 $388 $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: 6652885

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-286