$280,000
SOLD MAY 29, 2025

5877 N Granite Reef Rd Unit 2257 Scottsdale, AZ 85250

Indian Bend Neighborhood
2 Beds
2 Baths
955 Sq Ft
$360/mo HOA Fee

Recently Sold

$293 Per Sq Ft

7% Below List Price

26 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Granite Countertops
  • Pueblo Elementary School Rated A
  • Heated Pool
  • Tennis Courts

About This Home

As of May 2025

This is your opportunity to own an Upstairs 2 bed 2 bath corner unit in Monterra; on the Northwest side of the complex. Unit features the split floorplan, and incredible sunset views. High energy efficient vinyl windows allow the sunlight in without all the heat. Bedrooms are separated by the open concept living room, dining, and kitchen area. Granite countertops on all counter surfaces. Travertine tile in the entry way, kitchen, and bathroom flooring. Kitchen has stainless steel dishwasher and fridge, and fine cherrywood finished cabinets as well as in both bathrooms. Brand new carpet and paint throughout entire unit, updated in March 2025. Fresh white ''bit of sugar'' paint and multi color brown pallet carpet to match with your personal decor. Each bedroom has a walk in closet. Also updated, brand new Air Handler installed March 2025, this is the individual a/c control for the unit. Rest assured you will have reliable AC for many years to come.

Master bedroom has a walk in shower. Guest bedroom is separated from bathroom, which has a bathtub/shower combo, perfect for having guests and entertaining. Unit is ideal for locals wanting close access to the freeway, downtown "old Scottsdale" night life, nearby parks with lakes, running paths, schools, and a grocery store within walking distance. Unit is also ideal for lock-and-leave seasonal owners!

The Monterra Community has desirable features including a pool, a spa, a fitness center, clubhouse for entertaining larger groups, tennis courts, and BBQ grill by the pool. The HOA fee covers water, sewer, trash, and the energy-efficient chiller (AC) system for the complex. Owner pays SRP for electric usage within unit.

(Agent is related to Seller)

Last Agent to Sell the Property

Samuel Bigler

MacLay Real Estate License #SA634719000 Listed on: 04/10/2025

Co-Listed By

Brad MacLay

MacLay Real Estate License #BR535645000

Last Buyer's Agent

Brandon Alsayed

DeLex Realty License #SA664263000

DeLex Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $630

Year Built

  • Built in 1980

Lot Details

  • Desert faces the front of the property
  • Two or More Common Walls
  • Artificial Turf

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 955 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Floors Updated in 2025
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Pool
  • Fence Around Pool
  • Heated Spa

Schools

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

Utilities

  • Cooling System Updated in 2025
  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 2257
  • Assessor Parcel Number 173-75-390

Community Details

Overview

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

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

$360 per month

Listing Details

  • Cross Street: McDonald & Granite Reef
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 360.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2025
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2025
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2024
  • Directions: From the 101 go west on McDonald to Granite Reef. Left/South on Granite Reef about 1 block. Entrance to Monterra is on the East/Left side of street, just passed the dance bld with white columns.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: bmac01
  • Co List Office Phone: 480-786-5600
  • Subdivision Name: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 360.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 955.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, ENERGY STAR Qualified Windows, Vinyl Frame
  • 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
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Desert Front, Synthetic Grass Frnt
  • Pool Features: Fenced, Heated
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Other, Programmable Thmstat
  • Heating: See Remarks, Electric
  • Laundry Features: Other, Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Fitness Center
  • Association Fee: 360.0
  • 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: Transfer, inspection, Disclosure, Processor
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood HOA
  • Association Fees:HOA Management Phone: 480-820-1519
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Sewer, Pest Control, Maintenance Grounds, Trash, Water, 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: 6970.0
  • Parcel #: 173-75-390

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 630.0
  • Tax Book Number: 173.00
  • Tax Lot: 2257
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
May 23, 2025
Sold by
Acklin Megan and Long Megan A
Bought by
Kudler Chloe
Seller's Agent
Samuel Bigler
MacLay Real Estate
Buyer's Agent
Brandon Alsayed
DeLex Realty
List Price
$301,000
Sold Price
$280,000
Premium/Discount to List
-$21,000
-6.98%
Views
16
Current Estimated Value
$290,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,523
Avg. Annual Appreciation
12.22%
Original Mortgage
$10,997
Outstanding Balance
$7,899
Interest Rate
6.83%
Estimated Equity
$282,624

Purchase Details

Closed on
Jan 31, 2013
Sold by
Long Brian
Bought by
Long Megan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,650
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2006
Sold by
Park Scottsdale Holdings Llc
Bought by
Acklin Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $280,000 Title Services Of The Valley
Interfamily Deed Transfer -- First American Equity Loan S
Special Warranty Deed $213,750 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,997 No Value Available
Open $274,928 FHA
Previous Owner $163,650 New Conventional
Previous Owner $171,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Off Market $280,000 -- --
05/29/2025 05/29/25 Sold $280,000 -6.0% $293 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $298,000 -1.0% $312 / Sq Ft
04/10/2025 04/10/25 For Sale $301,000 -- $315 / 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: 6850614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-390