NOT LISTED FOR SALE

5877 N Granite Reef Rd Unit 2246 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $274,000 - $283,000

2 Beds
2 Baths
742 Sq Ft
$346/mo HOA Fee

Last Sold June 30, 2021

Last sale price $229,500 $309 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,873/month

8 Days on Market

Highlights

  • Unit is on the top floor
  • Mountain View
  • Granite Countertops
  • Pueblo Elementary School Rated A
  • End Unit
  • Heated Community Pool

About This Home

As of June 2021

This 2 bedroom 2 bath condo features granite counter tops and tile flooring in kitchen and baths. Bedrooms have walk-in closets. Carpet in living room and bedrooms. Inside stack laundry, lots of storage inside and out with a private patio boasting mountain views. Community offers pool, spa, tennis courts, BBQ & fitness center. Incredible location just off 101 for easy access to Old Town Scottsdale, SkyHarbor Airport, ASU and much more.

Last Agent to Sell the Property

Jacob Chapman

Realty85 License #BR583358000 Listed on: 06/08/2021

Last Buyer's Agent

Clay Bridgewater

eXp Realty License #SA659132000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $622

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $346 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 742 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Unit is on the top floor
  • Property is near a bus stop

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
  • Covered Patio or Porch
  • End Unit

Listing and Financial Details

  • Tax Lot 2246
  • Assessor Parcel Number 173-75-379

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) 551-4300
  • Monterra Scottsdale Residences Condominium Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$622

Year Built

Built in 1980

Lot Details

0

HOA Fees

$346 per month

Listing Details

  • Cross Street: GRANITE REEF & MCDONALD
  • 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: 345.72
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: S on Granite Reef about a block, entrance S of Mardi Gras Costume Shop on E side. Enter Monterra, go straight, left behind Bashas and look for Building E unit 2246
  • 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: 345.72
  • Dining Area:Breakfast Bar: 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: Carpet, Tile
  • 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, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 742.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • 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)
  • Association Fee: 345.72
  • Association Fee Frequency: Monthly
  • Association Name: Monterra Scottsdale
  • Phone: 480-551-4300
  • 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: 480-551-4300
  • 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: 707.0
  • Parcel #: 173-75-379

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 622.0
  • Tax Book Number: 173.00
  • Tax Lot: 2246
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jun 23, 2021
Sold by
Bonney Colleen M
Bought by
Monte Cristo Hills Llc
Seller's Agent
Jacob Chapman
Realty85
Buyer's Agent
Clay Bridgewater
eXp Realty
List Price
$230,000
Sold Price
$229,500
Premium/Discount to List
-$500
-0.22%
Current Estimated Value
$278,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,278
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 15, 2018
Sold by
Zine Joseph and Zine Katherine
Bought by
Bonney Colleen M
Seller's Agent
Becca Linnig
Arizona Sunset Realty
Buyer's Agent
Randy Wagner
West USA Realty
List Price
$185,000
Sold Price
$162,000
Premium/Discount to List
-$23,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%

Purchase Details

Closed on
Oct 30, 2014
Sold by
Zine Joseph and Zine Katherine
Bought by
Joseph & Katherine Zine Living Trust and Zine Katherine

Purchase Details

Closed on
Aug 31, 2011
Sold by
Hayden Melissa
Bought by
Zine Joseph and Zine Katherine

Purchase Details

Closed on
Jul 11, 2007
Sold by
Park Scottsdale Holdings Llc
Bought by
Hayden Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Monte Cristo Hills Llc $230,000 Gold Title Agency
Bonney Colleen M $162,000 Security Title Agency Inc
Joseph & Katherine Zine Living Trust -- None Available
Zine Joseph $67,500 Fidelity Natl Title Ins Co
Hayden Melissa $203,975 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayden Melissa $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $229,500 -0.2% $309 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $230,000 0.0% $310 / Sq Ft
07/15/2020 07/15/20 Rented $1,350 0.0% --
06/24/2020 06/24/20 Under Contract -- -- --
06/05/2020 06/05/20 Price Changed $1,350 -3.6% $1 / Sq Ft
05/20/2020 05/20/20 Price Changed $1,400 -3.4% $1 / Sq Ft
05/12/2020 05/12/20 For Rent $1,450 0.0% --
08/20/2018 08/20/18 Sold $162,000 -4.7% $170 / Sq Ft View Prior Sale
08/04/2018 08/04/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $170,000 -2.9% $178 / Sq Ft
06/27/2018 06/27/18 Price Changed $175,000 -5.4% $183 / Sq Ft
06/13/2018 06/13/18 For Sale $185,000 0.0% $194 / Sq Ft
02/01/2017 02/01/17 Rented $995 -2.9% --
01/17/2017 01/17/17 Under Contract -- -- --
01/11/2017 01/11/17 Price Changed $1,025 +3.0% $1 / Sq Ft
01/07/2017 01/07/17 For Rent $995 -- --
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: 6245213

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-379