$299,000

5877 N Granite Reef Rd Unit 2240 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated payment $2,082/month

Total Views 945
2 Beds
1 Bath
891 Sq Ft
$336 Price per Sq Ft

Highlights

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

About This Home

Gorgeous condo, prime location in the beautiful Monterra community in the heart of Scottsdale. Close to Old Town w/ endless shopping, dining & entertainment, as well as Indian Bend Wash for limitless recreation! Located in the east end of the community away from busy roads, this comfortable home is very peaceful & serene. Spacious living area opens to a roomy balcony, ideal space to relax & enjoy the outdoors. Bright, beautiful eat-in kitchen w/ rich granite counters & plenty of storage. Two very spacious bedrooms, one w/ balcony access, & the other w/ large walk-in closet. Beautifully appointed bathroom w/ granite. Convenient inside laundry w/ full-sized stackable washer & dryer. Enjoy wonderful amenities such as heated pool & spa, tennis courts, fitness center, clubhouse, BBQ, more! HOA covers your air conditioning, water, sewer, trash and exterior pest control, as well as access to all community amenities. The Monterra community is also FHA approved! The condo has one assigned covered parking space very close to the unit. The dishwasher, microwave and disposal are all new, and the beautiful luxury vinyl plank flooring was installed approx. three years ago. The large east-facing balcony is accessible from both the living room and one bedroom, and features a spacious storage room for added convenience.

Listing Agent

Max Shadle

Redfin Corporation License #SA578873000

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $559

Year Built

  • Built in 1980

Lot Details

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

HOA Fees

  • $366 Monthly HOA Fees

Home Design

  • Roof Updated in 2023
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 891 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

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

Flooring

  • Floors Updated in 2022
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking
  • Unassigned Parking

Schools

  • Laguna Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Cooling Available
  • 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 2240
  • Assessor Parcel Number 173-75-373

Community Details

Overview

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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$559

Year Built

Built in 1980

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Cross Street: McDonald and Granite Reef
  • 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: 366.25
  • Basement: N
  • Items Updated Floor Yr Updated: 2022
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2024
  • Directions: South on Granite Reef, turn east into the Monterra community. Home is on the east end of the complex.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 366.25
  • Cooling:Central Air: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 891.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: 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:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area, Assigned, Unassigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat, See Remarks
  • Heating: See Remarks, 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, Tennis Court(s), Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 366.25
  • 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: 732.5
  • Association Fees:Disclosure Fees HOA: 183.5
  • Association Fees:Other Fees HOA: 247.0
  • Association Fees:Other Fees Description: Membership/Inspection Fee - $31 disclosure fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: 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, Sewer, Maintenance Grounds, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Laguna 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: 863.0
  • Parcel #: 173-75-373
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 559.0
  • Tax Book Number: 173.00
  • Tax Lot: 2240
  • Tax Map Number: 75.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $559 $10,690 -- --
2024 $597 $10,180 -- --
2023 $597 $19,480 $3,890 $15,590
2022 $568 $15,330 $3,060 $12,270
2021 $616 $13,770 $2,750 $11,020
2020 $610 $12,530 $2,500 $10,030
2019 $592 $11,810 $2,360 $9,450
2018 $578 $10,560 $2,110 $8,450
2017 $546 $9,900 $1,980 $7,920
2016 $535 $8,420 $1,680 $6,740
2015 $597 $7,500 $1,500 $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $299,000 -- $336 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Cash Sale Deed $103,500 Pioneer Title Agency Inc
Warranty Deed $133,500 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Closed $17,082 Credit Line Revolving
Closed $136,800 New Conventional
Closed $128,040 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6852545

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-75-373