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$325,000
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Property Description
Bright and spacious, warm condo in the most convenient Scottsdale location. Move-in ready with fresh paint, this cozy downstairs condo has newer high end windows and patio door, stainless appliances, and an updated bathrooms. The large bedroom has an ample walk-in closet. Relax on a nice-sized covered balcony with a storage closet. The HOA fee includes heating & AIR CONDITIONING, water, trash/sewer, and a blanket insurance policy. The unit is within walking distance of restaurants, shopping, and entertainment, with quick access to the freeway.
Full Property Details
Full Property Details for 5877 N Granite Reef Rd #1151
General
- Price: $325,000
- HOA FEE: $377/month
- Taxes: $658 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7019018
- Updated: 4/24/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Township: 2N
- Subdivision: MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM
- Cross Streets: GRANITE REEF/MCDONALD
Community
- Association: Yes
- Assoc. Name: MONTERRA
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Air Cond/Heating, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: See Remarks, Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary,
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile, Built-Up
- Windows: Dual Pane
- Sq. Ft. Source: Builder
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 707
- Lot Size Source: Assessor
- Lot Features: Borders Common Area, North/South Exposure, Desert Back, Desert Front, Grass Front, Grass Back
Financial Considerations
- Association Fee: $377
- Assoc Fee Freq.: Monthly
- Tax Amount: $658
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 1151 MONTERRA SCOTTSDALE RESIDENCES CONDOMINIUM MCR 083702
- Property ID: 173-75-320
- Range: 4E
- Section: 13
- Lot Number: 1151
Listed by BOR Realty
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Price & Sales History for 5877 N Granite Reef Rd #1151
Date
Details
Price
Change
Source
4/24/2026
Listed
$325,000
8.33%
MLS
6/19/2023
Sold
$300,000
—
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 #1151
Year
Property Taxes
Change
Tax Assessment
Change
2025
$658
—
$9,313
-63%
2025
$658
27%
$24,970
1%
2023
$520
5%
$24,800
21%
2022
$495
—
$20,420
27%
2022
$495
-8%
$16,080
11%
2021
$537
1%
$14,470
10%
2020
$532
3%
$13,210
6%
2019
$516
2%
$12,470
3%
2018
$504
6%
$12,060
9%
2017
$475
2%
$11,110
24%
2016
$466
-10%
$8,950
15%
2015
$520
-4%
$7,780
13%
2014
$542
12%
$6,900
39%
2013
$484
—
$4,950
—
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 #1151
5877 N Granite Reef Road #1151, Scottsdale, AZ 85250 (MLS# 7019018) is a Apartment property with 2 bedrooms and 2 full bathrooms. 5877 N Granite Reef Road #1151 is currently listed for $325,000 and was received on April 24, 2026. Want to learn more about 5877 N Granite Reef Road #1151? 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.

