NOT LISTED FOR SALE

5877 N Granite Reef Rd Unit 1162 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $272,000 - $294,000

2 Beds
2 Baths
840 Sq Ft
871 Sq Ft Lot

Last Sold January 28, 2013

Last sale price $95,000 $113 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $1,610/month

Highlights

  • Granite Countertops
  • Community Pool
  • Stone Flooring
  • Pueblo Elementary School Rated A
  • Covered Patio or Porch
  • Central Air

About This Home

As of October 2023

This beautifully remodeled unit faces the pool and landscape-with new gray tones-No carpet in this property-all hard flooring throughout. Travertine & faux-wood laminate flooring-ALL NEW Stainless Steel appliances, Refrig has water/ice in door, granite counter tops & Full-sized stack-able washer/dryer set-up off Kitchen (NOT in bedroom like other units) Split floor-plan, both have walk-in closets. Storage space off of patio. touch-pad keyless entry-Centrally located close by the LOOP 101, Old Town, Scottsdale Fashion Square Mall, Restaurants, and the Scottsdale Culinary School. Community has POOL, Spa, CLUB HOUSE, tennis courts, FITNESS Center, and walking trails. HOA COVERS A/C,HEATING & WATER.

Last Agent to Rent the Property

TJ Wynne

Kenneth James Realty License #SA659344000 Listed on: 08/25/2023

Last Renter's Agent

TJ Wynne

W and Partners, LLC License #SA659344000

W and Partners, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $630

Year Built

  • Built in 1980

Lot Details

  • Desert faces the front of the property
  • Block Wall Fence

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Kiva 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 10/1/23
  • $40 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • $40 Application Fee
  • Tax Lot 1162
  • Assessor Parcel Number 173-75-331

Community Details

Overview

  • Property has a Home Owners Association
  • Monterra Association, Phone Number (602) 999-1234
  • Monterra Scottsdale Subdivision

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$630

Year Built

Built in 1980

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Other, Water, Sewer, Garbage Collection
  • Available Date: 2023-10-01

Listing Details

  • Cross Street: McDonald and Granite Reef
  • 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 Name: Monterra
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.75
  • Initial Move In Costs Application Fee: 40.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From the loop 101 WEST McDonald SOUTH on Granite Reef Monterra on East side of street. make first right once enter then left to about middle of complex-park in uncovered parking space.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Monterra Scottsdale
  • Property Attached Yn: Yes
  • Structure Type: Clustered
  • 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: Carpet, Stone
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, 3/4 Bath Master Bdrm
  • Living Area: 840.0
  • Stories: 1
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: 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
  • 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

  • Association Name: Monterra
  • Phone: 602-999-1234
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 707.0
  • Parcel #: 173-75-331

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Book Number: 173.00
  • Tax Lot: 1162
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 3, 2023
Sold by
Ouaknine Jo and Ouaknine Myriam
Bought by
Myriam Cannes Llc
Seller's Agent
TJ Wynne
Kenneth James Realty
Buyer's Agent
TJ Wynne
W and Partners, LLC
Sold Price
$1,900
Views
19
Current Estimated Value
$285,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,798

Purchase Details

Listed on
Dec 12, 2012
Closed on
Jan 25, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Ouaknine Jo and Ouaknine Myriam
Seller's Agent
David Rod
Keller Williams Arizona Realty
Buyer's Agent
Jacqueline Chiantella
HomeSmart
List Price
$85,000
Sold Price
$95,000
Premium/Discount to List
$10,000
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Aug 8, 2012
Sold by
Ohair Nicole M and Hillsbery Keith
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 7, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 28, 2008
Sold by
Park Scottsdale Holdings Llc
Bought by
Ohair Nicole M and Hillsbery Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,539
Interest Rate
5.64%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Myriam Cannes Llc -- None Listed On Document
Ouaknine Jo -- None Available
Bank Of America Na $244,997 None Available
The Secretary Of Housing & Urban Develop -- None Available
Ohair Nicole M $224,000 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohair Nicole M $221,929
Previous Owner Ohair Nicole M $220,539
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2023 10/01/23 Rented $1,900 0.0% --
09/29/2023 09/29/23 Off Market $1,900 -- --
09/20/2023 09/20/23 Under Contract -- -- --
09/08/2023 09/08/23 Price Changed $1,900 -5.0% $2 / Sq Ft
08/25/2023 08/25/23 For Rent $2,000 +18.3% --
07/01/2021 07/01/21 Rented $1,690 0.0% --
06/21/2021 06/21/21 Under Contract -- -- --
06/10/2021 06/10/21 Price Changed $1,690 -0.6% $2 / Sq Ft
05/27/2021 05/27/21 For Rent $1,700 +44.7% --
06/15/2017 06/15/17 Rented $1,175 0.0% --
05/11/2017 05/11/17 Under Contract -- -- --
05/05/2017 05/05/17 Price Changed $1,175 -2.1% $1 / Sq Ft
04/14/2017 04/14/17 For Rent $1,200 0.0% --
04/09/2017 04/09/17 Rented $1,200 0.0% --
04/07/2017 04/07/17 Under Contract -- -- --
03/22/2017 03/22/17 For Rent $1,200 0.0% --
01/28/2013 01/28/13 Sold $95,000 +11.8% $113 / Sq Ft
12/23/2012 12/23/12 Price Changed $85,000 0.0% $101 / Sq Ft
12/22/2012 12/22/12 Pending -- -- --
12/12/2012 12/12/12 For Sale $85,000 -- $101 / 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 $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: 6597187

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-331