NOT LISTED FOR SALE

5877 N Granite Reef Rd Unit 2235 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $237,000 - $243,000

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

Last Sold May 11, 2021

Last sale price $192,000 $282 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,603/month

9 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Tennis Courts
  • Pueblo Elementary School Rated A
  • Granite Countertops
  • Balcony

About This Home

As of May 2021

Convenient lock and leave location! A/C included with HOA fee. Re-painted and new carpet @ July, 2020 . Full-sized washer & dryer in-unit. Fridge also conveys. 2nd floor unit; overlooking lawn area. Nice community pool; tennis court, and fitness center. Park under your shady reserved carport. Balcony with storage area. Tenant is moving out @ end of April.
Tenant's rights; no showings until 2 pm Sat., 4/10.

Last Agent to Sell the Property

Jenn Wassermann

West USA Realty License #SA674231000 Listed on: 04/08/2021

West USA Realty

Last Buyer's Agent

Michelle Gruender

HomeSmart License #SA625602000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $539

Year Built

  • Built in 1980

Lot Details

  • Partially Fenced Property
  • Grass Covered Lot

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 680 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Heated Spa
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2235
  • Assessor Parcel Number 173-75-368

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, air conditioning and heating, trash, water, maintenance exterior
  • Monterra Scottsdale Association, Phone Number (480) 820-1519
  • Monterra Scottsdale Residences Condominium Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$539

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: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 262.42
  • Basement: N
  • Items Updated Floor Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: Unit is in the back (East side) of the complex; no gate code
  • 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: 262.42
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen
  • 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:Workout Facility: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Partial
  • Exterior Features: Balcony, Storage
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: 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, Other, See Remarks
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Fitness Center
  • Association Fee: 262.42
  • Association Fee Frequency: Monthly
  • Association Name: Monterra Scottsdale
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 252.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Monterra Scottsdale
  • 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 Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: 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:Pest Control: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Air Cond/Heating, Trash, Water, 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: 741.0
  • Parcel #: 173-75-368

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 539.0
  • Tax Book Number: 173.00
  • Tax Lot: 2235
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 7, 2021
Sold by
Az Realty Investments Llc
Bought by
Gruender Tiana Nicholle
Seller's Agent
Jenn Wassermann
West USA Realty
Buyer's Agent
Michelle Gruender
HomeSmart
List Price
$182,000
Sold Price
$192,000
Premium/Discount to List
$10,000
5.49%
Current Estimated Value
$239,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,576
Avg. Annual Appreciation
5.61%
Original Mortgage
$8,750
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2015
Closed on
Aug 5, 2016
Sold by
Monterra 2235 Llc
Bought by
Az Realty Investments Llc
Seller's Agent
Christopher Lewis
Arizona Brokerage Company LLC
Buyer's Agent
Tonya Lindquist
Arizona Prime Real Estate
List Price
$109,000
Sold Price
$106,000
Premium/Discount to List
-$3,000
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%

Purchase Details

Listed on
Oct 7, 2012
Closed on
Dec 4, 2012
Sold by
Emer Kevin E
Bought by
Monterra 2235 Llc
Seller's Agent
Christopher Lewis
Arizona Brokerage Company LLC
Buyer's Agent
Christopher Lewis
Arizona Brokerage Company LLC
List Price
$89,750
Sold Price
$80,000
Premium/Discount to List
-$9,750
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$64,000
Interest Rate
3.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 2012
Sold by
Arizmendi Aaron and Cooper Jeremy A
Bought by
Emer Kevin Eric

Purchase Details

Closed on
Sep 24, 2008
Sold by
Park Scottsdale Holdings Llc
Bought by
Cooper Jeremy A and Arizmendi Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,840
Interest Rate
6.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gruender Tiana Nicholle $192,000 American Title Svc Agcy Llc
Az Realty Investments Llc $106,000 Lawyers Title Of Arizona Inc
Monterra 2235 Llc $80,000 Empire West Title Agency
Emer Kevin Eric $59,000 None Available
Cooper Jeremy A $162,750 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gruender Tiana Nicholle $8,750
Closed Gruender Tiana Nicholle $8,750
Open Gruender Tiana Nicholle $175,000
Previous Owner Monterra 2235 Llc $64,000
Previous Owner Cooper Jeremy A $159,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $192,000 +5.5% $282 / Sq Ft
04/03/2021 04/03/21 For Sale $182,000 0.0% $268 / Sq Ft
08/01/2020 08/01/20 Rented $1,095 -6.8% --
06/28/2020 06/28/20 For Rent $1,175 0.0% --
08/17/2016 08/17/16 Sold $106,000 -2.8% $156 / Sq Ft
08/16/2016 08/16/16 Price Changed $109,000 0.0% $160 / Sq Ft
08/01/2016 08/01/16 For Sale $109,000 +2.8% $160 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/26/2016 07/26/16 Off Market $106,000 -- --
06/06/2016 06/06/16 Price Changed $109,000 -0.5% $160 / Sq Ft
06/01/2016 06/01/16 Price Changed $109,500 -0.5% $161 / Sq Ft
05/24/2016 05/24/16 Price Changed $110,000 -0.5% $162 / Sq Ft
05/16/2016 05/16/16 Price Changed $110,500 -0.5% $163 / Sq Ft
05/09/2016 05/09/16 Price Changed $111,000 -0.4% $163 / Sq Ft
05/03/2016 05/03/16 Price Changed $111,500 -0.4% $164 / Sq Ft
04/27/2016 04/27/16 Price Changed $112,000 -0.4% $165 / Sq Ft
03/15/2016 03/15/16 Price Changed $112,500 -2.2% $165 / Sq Ft
03/14/2016 03/14/16 For Sale $115,000 0.0% $169 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $115,000 0.0% $169 / Sq Ft
12/27/2014 12/27/14 Rented $775 0.0% --
12/16/2014 12/16/14 Under Contract -- -- --
12/02/2014 12/02/14 For Rent $775 0.0% --
07/31/2014 07/31/14 Rented $775 -2.5% --
07/21/2014 07/21/14 Under Contract -- -- --
06/06/2014 06/06/14 For Rent $795 +6.1% --
02/27/2013 02/27/13 Rented $749 -99.1% --
02/06/2013 02/06/13 Under Contract -- -- --
12/04/2012 12/04/12 Sold $80,000 0.0% $118 / Sq Ft
11/14/2012 11/14/12 For Rent $789 0.0% --
11/12/2012 11/12/12 Pending -- -- --
11/06/2012 11/06/12 Price Changed $85,000 -5.3% $125 / Sq Ft
11/02/2012 11/02/12 For Sale $89,750 0.0% $132 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
10/07/2012 10/07/12 For Sale $89,750 -- $132 / 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 $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: 6216584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-368