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$254,900
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Property Description
Enjoy low-maintenance Scottsdale living in this FHA-eligible, move-in ready ground-floor condo! Fresh interior paint, wood-look tile flooring, granite counters, stainless steel appliances and updated fixtures create a bright, inviting interior. Sliding barn doors add character while the private outdoor patio with storage expands your living space. The HOA covers air conditioning, water, sewer, trash, exterior maintenance and resort-style amenities including a pool, heated spa, fitness center, tennis court and clubhouse. You'll be minutes from Bashas', Ace Hardware, Walgreens, Old Town Scottsdale, Fashion Square, world-class shopping and dining, and the Talking Stick Entertainment District. This lock-and-leave home offers exceptional value and an unbeatable Scottsdale lifestyle!
Full Property Details
Full Property Details for 5877 N Granite Reef Rd #1124
General
- Price: $254,900
- HOA FEE: $377/month
- Taxes: $480 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7048683
- Updated: 8/15/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Full Bth Master Bdrm
- Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Exterior
- Exterior Features: Storage
Location
- County: Maricopa
- Township: 2N
- Subdivision: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
- Cross Streets: McDonald and Granite Reef
Community
- Association: Yes
- Assoc. Name: Heyward
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary,
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Common Walls: Neighbor Above
- Sq. Ft. Source: Assessor
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 665
- Lot Size Source: Assessor
- Lot Features: Desert Front
Financial Considerations
- Association Fee: $377
- Assoc Fee Freq.: Monthly
- Tax Amount: $480
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
- Property ID: 173-75-293
- Range: 4E
- Section: 13
- Lot Number: 1124
Listed by Realty ONE Group
Get Pre-Approved Today
Price & Sales History for 5877 N Granite Reef Rd #1124
Date
Details
Price
Change
Source
8/08/2026
Price Reduced
$254,900
-1.58%
MLS
7/01/2026
Listed
$259,000
55.09%
MLS
5/13/2021
Sold
$167,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5877 N Granite Reef Rd #1124
Year
Property Taxes
Change
Tax Assessment
Change
2025
$480
—
$8,073
-60%
2025
$480
7%
$20,160
2%
2023
$450
5%
$19,800
22%
2022
$429
—
$16,250
28%
2022
$429
-8%
$12,730
12%
2021
$465
1%
$11,350
11%
2020
$461
3%
$10,220
7%
2019
$447
2%
$9,570
13%
2018
$437
6%
$8,500
7%
2017
$412
2%
$7,960
19%
2016
$404
4%
$6,680
15%
2015
$388
3%
$5,800
23%
2014
$375
-2%
$4,720
4%
2013
$382
—
$4,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5877 N Granite Reef Rd #1124
5877 N Granite Reef Road #1124, Scottsdale, AZ 85250 (MLS# 7048683) is a Apartment property with 1 bedroom and 1 full bathroom. 5877 N Granite Reef Road #1124 is currently listed for $254,900 and was received on July 01, 2026. Want to learn more about 5877 N Granite Reef Road #1124? Do you have questions about finding other Apartment real estate for sale in Scottsdale? You can browse all Scottsdale real estate or contact a Coldwell Banker agent to request more information.

