NOT LISTED FOR SALE

5877 N Granite Reef Rd Unit 1118 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $238,000 - $239,000

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

Last Sold July 20, 2022

Last sale price $235,000 $346 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,601/month

25 Days on Market

Highlights

  • Granite Countertops
  • Heated Community Pool
  • Tile Flooring
  • Pueblo Elementary School Rated A
  • Covered Patio or Porch
  • Outdoor Storage

About This Home

As of July 2022

Excellent location where you are in walking distance to grocery shopping and dining. No stairs to deal with here. Granite counters in kitchen & bathroom. New garbage disposal and shower faucet. Includes the refrigerator and interior full size washer & dryer. The HOA includes A/C for low electric bills. Storage off the private patio. There is a community pool, tennis court, and fitness center. Parking is not far from the unit. Close to the Indian Bend Wash. Easy access to the 101.

Last Agent to Sell the Property

Gary Tannenbaum

Tannenbaum Realtors, Inc. License #BR518814000 Listed on: 06/07/2022

Last Buyer's Agent

Barbara Woyak

Keller Williams Realty Sonoran Living License #SA566481000

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $465

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 680 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Assigned Parking
  • Community Parking Structure

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Pueblo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • Block Wall Fence
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 1118
  • Assessor Parcel Number 173-75-287

Community Details

Overview

  • Association fees include roof repair, pest control, ground maintenance, street maintenance, front yard maint, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Hatwood Mgmt Association, Phone Number (480) 820-1519
  • Monterra Scottsdale Residences Condominium Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$465

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: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 262.42
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2021
  • Directions: South on Granite Reef to the second driveway. Unit is half way down.
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 262.42
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Granite Counters
  • Living Area: 680.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd
  • Amenities: Management
  • Association Fee: 262.42
  • Association Fee Frequency: Monthly
  • Association Name: Monterra HOA
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 437.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Monterra HOA
  • Association Fees:HOA Telephone4: 480-820-1519
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Hatwood Mgmt
  • Association Fees:HOA Management Phone: 480-820-1519
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Pueblo Elementary School
  • High School: Saguaro High 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 #: 173-75-287
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 465.0
  • Tax Book Number: 173.00
  • Tax Lot: 1118
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 13, 2022
Sold by
Hanson James A
Bought by
Paz Amy
Seller's Agent
Gary Tannenbaum
Tannenbaum Realtors, Inc.
Buyer's Agent
Barbara Woyak
Keller Williams Realty Sonoran Living
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Current Estimated Value
$238,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,682
Avg. Annual Appreciation
0.86%
Original Mortgage
$171,750
Outstanding Balance
$164,061
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$77,293

Purchase Details

Listed on
Nov 20, 2015
Closed on
Dec 24, 2015
Sold by
Scherzinger Chris
Bought by
Hanson James A
Seller's Agent
Amy Owens
RETSY
Buyer's Agent
Maria Elena Rizzo
Fathom Realty Elite
List Price
$110,000
Sold Price
$101,250
Premium/Discount to List
-$8,750
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%
Original Mortgage
$96,187
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2009
Sold by
Citibank Na
Bought by
Scherzinger Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,723
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2009
Sold by
Leonard Gary and Leonard Valerie
Bought by
Us Bank

Purchase Details

Closed on
Jul 23, 2007
Sold by
Park Scottsdale Holdings Llc
Bought by
Leonard Gary and Leonard Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Paz Amy $235,000 Stewart Title & Trust Of Phoen
Hanson James A $101,250 First Arizona Title Agency
Scherzinger Chris $64,900 First American Title Ins Co
Citibank Na -- First American Title Ins Co
Us Bank $158,624 None Available
Leonard Gary $149,475 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paz Amy $171,750
Previous Owner Hanson James A $26,450
Previous Owner Hanson James A $96,187
Previous Owner Scherzinger Chris $63,723
Previous Owner Leonard Gary $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $235,000 -5.6% $346 / Sq Ft
05/27/2022 05/27/22 For Sale $249,000 +145.9% $366 / Sq Ft
01/28/2016 01/28/16 Sold $101,250 -8.0% $149 / Sq Ft
12/24/2015 12/24/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $110,000 -- $162 / 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 $461 $8,073 -- --
2024 $451 $7,689 -- --
2023 $451 $16,250 $3,250 $13,000
2022 $429 $12,730 $2,540 $10,190
2021 $465 $11,350 $2,270 $9,080
2020 $461 $10,220 $2,040 $8,180
2019 $447 $9,570 $1,910 $7,660
2018 $437 $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

  • Gary Tannenbaum

    Seller's Agent in 2022

    Gary Tannenbaum

    Tannenbaum Realtors, Inc.

    (480) 201-1412

    6 in this area

    20 Total Sales

    Gary Tannenbaum
    Section Image
  • Barbara Woyak

    Buyer's Agent in 2022

    Barbara Woyak

    Keller Williams Realty Sonoran Living

    (602) 329-6655

    3 in this area

    84 Total Sales

    Barbara Woyak
    Section Image
  • Amy Owens

    Seller's Agent in 2016

    Amy Owens

    RETSY

    (602) 723-0500

    2 in this area

    38 Total Sales

    Amy Owens
    Section Image
  • Maria Elena Rizzo

    Buyer's Agent in 2016

    Maria Elena Rizzo

    Fathom Realty Elite

    (602) 402-6373

    1 in this area

    129 Total Sales

    Maria Elena Rizzo
    Section Image

  • M

    Buyer's Agent in 2016

    MariaElena Rizzo

    Realty Executives

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6412892

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-287

Arizona Maricopa County Scottsdale 85250 Indian Bend

5877 N Granite Reef Rd Unit 1118, Scottsdale, AZ

This home is located at 5877 N Granite Reef Rd Unit 1118, Scottsdale, AZ 85250 since 07 June 2022 and is currently estimated at $238,682, approximately $351 per square foot. This property was built in 1980. 5877 N Granite Reef Rd Unit 1118 is a home located in Maricopa County with nearby schools including Pueblo Elementary School, Navajo 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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