$287,500
SOLD JUL 11, 2025

5877 N Granite Reef Rd Unit 1145 Scottsdale, AZ 85250

Indian Bend Neighborhood
2 Beds
2 Baths
955 Sq Ft
$377/mo HOA Fee

Recently Sold

$301 Per Sq Ft

7% Below List Price

66 Days on Market

Highlights

  • Fitness Center
  • Two Primary Bathrooms
  • Furnished
  • Pueblo Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2025

This ground level sunny condo, tucked into an enviable inner courtyard location, is inviting and welcoming. Move right in, this is fully furnished! Tasteful finishes include high-end wood-laminate floors, neutral paint, contemporary fixtures and hardware, and more! Fully equipped kitchen features raised-panel cherry cabinets, granite counters, stainless steel appliances, and a spacious pantry. Centrally located close to Scottsdale shopping, the small intimate offers tennis, heated pool and spa, pool deck with a gas BBQ grill with an adjoining clubhouse for entertaining. The separate fitness center is fully equipped. HOA includes Air Conditioning, water, sewer, garbage, exterior pest control! Welcome to your Scottsdale oasis! FHA Approved!!

Last Agent to Sell the Property

Kristen McLeod

Century 21 Arizona Foothills License #BR571880000 Listed on: 03/15/2025

Century 21 Arizona Foothills

Last Buyer's Agent

Devra Tousley

Home America Realty License #BR525885000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $630

Year Built

  • Built in 1980

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 955 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

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

Additional Features

  • No Interior Steps
  • Desert faces the front of the property
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 1145
  • Assessor Parcel Number 173-75-314

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Heywood Community Ma Association, Phone Number (480) 820-1519
  • Monterra Scottsdale Residences Condominium Subdivision, Verona Floorplan

Amenities

  • Recreation Room

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$630

Year Built

Built in 1980

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Cross Street: Granite Reef & McDonald
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 376.83
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2024
  • Directions: From McDonald, South on Granite Reef a short way; East into the complex. Follow the road back, making a left turn, then right. 2nd Bldg on South side. Park in uncovered space. Unit faces tennis court
  • Master Model: Verona
  • 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: 376.83
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm
  • Living Area: 955.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • 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
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Tennis Court(s), Fitness Center
  • Association Fee: 376.83
  • Association Fee Frequency: Monthly
  • Association Name: Monterra Scottsdale
  • 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 Scottsdale
  • 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: 753.66
  • Association Fees:Disclosure Fees HOA: 183.5
  • Association Fees:Other Fees HOA: 278.0
  • Association Fees:Other Fees Description: $247 CC&R Inspection Fee and $31 Title fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood Community Ma
  • 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:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: 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: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Kiva 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: 707.0
  • Parcel #: 173-75-314

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 630.0
  • Tax Book Number: 173.00
  • Tax Lot: 1145
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Jul 2, 2025
Sold by
Savarese Gina M
Bought by
Reyes Family Living Trust and Reyes
Seller's Agent
Kristen McLeod
Century 21 Arizona Foothills
Buyer's Agent
Devra Tousley
Home America Realty
List Price
$309,800
Sold Price
$287,500
Premium/Discount to List
-$22,300
-7.2%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%

Purchase Details

Closed on
Nov 21, 2018
Sold by
Buono Gasper R and Buono Kathryn J
Bought by
Savarese Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2006
Sold by
Park Scottsdale Holdings Llc
Bought by
Buono Gasper R and Buono Kathryn J
Source: Public Records

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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 $287,500 Title Services Of The Valley
Warranty Deed $180,500 Pioneer Title Agency Inc
Special Warranty Deed $209,750 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,750 New Conventional
Previous Owner $143,200 New Conventional
Previous Owner $143,200 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $115,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $287,500 -2.5% $301 / Sq Ft
05/07/2025 05/07/25 Price Changed $295,000 -1.7% $309 / Sq Ft
04/11/2025 04/11/25 Price Changed $300,000 -1.6% $314 / Sq Ft
04/05/2025 04/05/25 Price Changed $305,000 -1.5% $319 / Sq Ft
03/15/2025 03/15/25 For Sale $309,800 0.0% $324 / Sq Ft
08/07/2024 08/07/24 Rented $1,695 0.0% --
08/07/2024 08/07/24 Under Contract -- -- --
06/02/2024 06/02/24 Price Changed $1,695 -5.6% $2 / Sq Ft
05/16/2024 05/16/24 Price Changed $1,795 -5.3% $2 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,895 -5.0% $2 / Sq Ft
04/16/2024 04/16/24 Price Changed $1,995 -9.3% $2 / Sq Ft
03/11/2024 03/11/24 For Rent $2,200 -- --
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 $630 $9,313 -- --
2024 $623 $8,870 -- --
2023 $623 $20,420 $4,080 $16,340
2022 $591 $16,080 $3,210 $12,870
2021 $628 $14,470 $2,890 $11,580
2020 $622 $13,210 $2,640 $10,570
2019 $601 $12,470 $2,490 $9,980
2018 $582 $12,060 $2,410 $9,650
2017 $557 $11,110 $2,220 $8,890
2016 $546 $8,950 $1,790 $7,160
2015 $520 $7,780 $1,550 $6,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6834825

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-314