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5877 Granite Reef Rd

Scottsdale, AZ 85250

1 bd 1 ba 680 sqft Built 1980 Lot 665 sqft condos
Most recent sale
$250,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $250,000 MLS #6425099
Jul 21, 2022 Price changed $259,500 MLS #6425099
Jul 16, 2022 Price changed $259,900 MLS #6425099
Jul 13, 2022 Price changed $264,000 MLS #6425099
Jul 1, 2022 Listed $269,900 MLS #6425099
Jul 10, 2020 Price changed $174,900 MLS #6054773
Jul 8, 2020 Price changed $179,900 MLS #6054773
Jun 25, 2020 Price changed $179,999 MLS #6054773
May 29, 2020 Price changed $185,000 MLS #6054773
May 27, 2020 Price changed $188,900 MLS #6054773
May 22, 2020 Price changed $189,000 MLS #6054773
May 16, 2020 Relisted $189,900 MLS #6054773
Mar 27, 2020 Price changed $189,900 MLS #6054773
Mar 22, 2020 Listed $193,000 MLS #6054773
Mar 28, 2017 Sold $105,000 Public Record
Jan 31, 2011 Listing removed $49,900 ArizonaRegionalMLS
Dec 4, 2010 Listed $49,900 MLS #4502645
Dec 6, 2006 Sold $166,850 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $10,190 $2,540 $12,730 $512
2021 $9,080 $2,270 $11,350 $544
2020 $8,180 $2,040 $10,220 $539
2019 $7,660 $1,910 $9,570 $521
2018 $6,800 $1,700 $8,500 $504
2017 $6,370 $1,590 $7,960 $483
2016 $5,350 $1,330 $6,680 $473
2015 $4,640 $1,160 $5,800 $451
2014 $3,780 $940 $4,720 $438
2013 $3,640 $910 $4,550 $445
2012 $4,760 $1,190 $5,950 $553
2011 $7,240 $1,810 $9,050 $769
2009 $9,920 $2,480 $12,400 $712
2008 $10,680 $2,670 $13,350 $667

Property facts

Year built
1980
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
680 sqft
Lot size
665 sqft
ZIP code
85250
City
Scottsdale
Street
Granite Reef Rd
Coordinates
33.52126, -111.89868

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,054
Gross rental yield
5.06%
Implied cap rate
3.29%
Trend-extrapolated value

Frequently asked questions

When did 5877 Granite Reef Rd last sell?
5877 Granite Reef Rd most recently sold on Sep 20, 2022 for $250,000.
What is the current tax assessment for 5877 Granite Reef Rd?
The most recent total assessment for 5877 Granite Reef Rd (year 2022) is $12,730 with $512 in property tax.
How does 5877 Granite Reef Rd's assessment compare to its last sale price?
The current assessment is 94.9% below the last sale price of $250,000.
When was 5877 Granite Reef Rd built?
5877 Granite Reef Rd was built in 1980.
How does 5877 Granite Reef Rd compare to others on Granite Reef Rd?
We track 8 other properties on Granite Reef Rd. Browse the list under "Other properties on Granite Reef Rd" to compare beds, baths, and sale history.
What are the property facts for 5877 Granite Reef Rd?
5877 Granite Reef Rd is a 1 bed, 1 bath, 680 sqft, 665 sqft lot condos.
Is 5877 Granite Reef Rd a flip candidate?
No — 5877 Granite Reef Rd does not appear in our flips dataset.
Is 5877 Granite Reef Rd a tax-appeal candidate?
No — 5877 Granite Reef Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.8%
2026 Q3
$700.9K
2026 Q4
$689.8K
ZIP 85250 — Median Price History + Forecast

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