$244,594
SOLD AUG 4, 2025

5877 N Granite Reef Rd Unit 1135 Scottsdale, AZ 85250

Indian Bend Neighborhood
1 Bed
1 Bath
680 Sq Ft
$286/mo HOA Fee

Recently Sold

$360 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Community Pool
  • Pueblo Elementary School Rated A
  • Granite Countertops
  • Tennis Courts

About This Home

As of August 2025

Welcome to Monterra in the heart of Scottsdale! This updated ground-floor condo features wood and tile flooring, a spacious bedroom with walk-in closet, fully remodeled bathroom, upgraded kitchen with granite counters and stainless appliances, plus a brand new washer/dryer. Enjoy peaceful views from the private patio overlooking the common area. The quiet, well-kept community offers a heated pool/spa, tennis/pickleball courts, fitness center, clubhouse, and BBQ area. Close to Old Town, Fashion Square, Fry's, Trader Joe's, dining, and easy 101 access.

Last Agent to Sell the Property

Madeline Koerner

HomeSmart License #SA695891000 Listed on: 07/11/2025

HomeSmart

Last Buyer's Agent

Yasmine Varanai

Keller Williams Realty Sonoran Living License #SA712659000

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $461

Year Built

  • Built in 1980

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Two or More Common Walls
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 1135
  • Assessor Parcel Number 173-75-304

Community Details

Overview

  • Association fees include sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Heywood Comm Mngmt Association, Phone Number (480) 820-1519
  • Monterra Scottsdale Residences Condominium Subdivision

Amenities

  • Recreation Room

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$461

Year Built

Built in 1980

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Cross Street: McDonald & Granite Reef
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 286.04
  • Basement: N
  • Bathrooms Year Updated: 2024
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2024
  • Directions: McDonald & Granite Reef
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 286.04
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, No Interior Steps, 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
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Above, Three Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

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, Tennis Court(s), Fitness Center
  • Association Fee: 286.04
  • 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: 572.08
  • Association Fees:Disclosure Fees HOA: 183.5
  • Association Fees:Other Fees HOA: 278.0
  • Association Fees:Other Fees Description: HOA Inspection Fee, Processing Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood Comm Mngmt
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, 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: 741.0
  • Parcel #: 173-75-304

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 461.0
  • Tax Book Number: 173.00
  • Tax Lot: 1135
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Jul 25, 2025
Sold by
Mashni Allie
Bought by
Myers Erin Finney
Seller's Agent
Madeline Koerner
HomeSmart
Buyer's Agent
Yasmine Varanai
Keller Williams Realty Sonoran Living
List Price
$237,470
Sold Price
$244,594
Premium/Discount to List
$7,124
3%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-46.82%
Original Mortgage
$146,756
Outstanding Balance
$146,756
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$85,789

Purchase Details

Closed on
Jun 18, 2024
Sold by
Crowe John and Bloomfield Hudson
Bought by
Mashni Allie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2018
Sold by
Crowe John
Bought by
Crowe John and Bloomfield Hudson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2018
Sold by
Instafi Com Xiaoqing and Chu Lin
Bought by
Crowe John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2013
Sold by
George Paul A
Bought by
Xi Xiao Ging and Chu Lin

Purchase Details

Closed on
Mar 27, 2012
Sold by
George Derrick L
Bought by
George Paul A

Purchase Details

Closed on
Mar 1, 2011
Sold by
Gifford Garrett
Bought by
George Derrick L

Purchase Details

Closed on
Jan 16, 2007
Sold by
Park Scottsdale Holdings Llc
Bought by
Gifford Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
6.25%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $244,594 Stewart Title & Trust Of Phoen
Warranty Deed $231,000 Equitable Title
Interfamily Deed Transfer -- Accommodation
Warranty Deed $139,000 Greystone Title Agency Llc
Cash Sale Deed $90,000 Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- None Available
Cash Sale Deed $54,900 Empire West Title Agency
Special Warranty Deed $164,250 The Talon Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,756 New Conventional
Previous Owner $184,749 New Conventional
Previous Owner $184,800 New Conventional
Previous Owner $104,250 New Conventional
Previous Owner $164,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Sold $244,594 +3.0% $360 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $237,470 -- $349 / 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 $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 $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: 6889590

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-304