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985 Granite Reef Rd

Scottsdale, AZ 85257

2 bd 2 ba 855 sqft Built 1985 Lot 837 sqft apartment
Most recent sale
$250,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 12, 2026 Listed for rent $1,600 RentalBeast
Jul 25, 2022 Sold $250,000 MLS #6421451
Jul 12, 2022 Price changed $269,000 MLS #6421451
Jun 22, 2022 Listed $275,000 MLS #6421451
Jun 30, 2017 Sold $146,000 Public Record
Jun 14, 2017 Listing removed $149,900 ArizonaRegionalMLS
Jun 2, 2017 Listed $149,900 MLS #5614543
Aug 17, 2012 Sold $120,000 ArizonaRegionalMLS
Aug 16, 2012 Sold $120,000 Public Record
Jul 29, 2012 Listed $119,900 MLS #4795880
Apr 5, 2010 Sold $134,250 Public Record
Mar 10, 2010 Listing removed $133,900 ArizonaRegionalMLS
Mar 4, 2010 Price changed $133,900 MLS #4249467
Feb 22, 2010 Price changed $149,900 MLS #4249467
Nov 18, 2009 Relisted $154,900 MLS #4249467
Nov 13, 2009 Listing removed $154,900 ArizonaRegionalMLS
Sep 3, 2009 Listed $154,900 MLS #4249467
Aug 18, 1999 Sold $10,160,000 Public Record
Jul 24, 1991 Sold $3,268,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $11,930 $2,980 $14,910 $710
2021 $10,830 $2,700 $13,530 $755
2020 $10,570 $2,640 $13,210 $748
2019 $9,040 $2,260 $11,300 $722
2018 $7,800 $1,950 $9,750 $699
2017 $6,910 $1,720 $8,630 $669
2016 $8,510 $2,120 $10,630 $656
2015 $7,840 $1,960 $9,800 $625
2014 $5,350 $1,330 $6,680 $611
2013 $4,760 $1,190 $5,950 $582
2012 $5,320 $1,330 $6,650 $618
2011 $6,760 $1,690 $8,450 $627
2009 $4,620 $1,350 $5,970 $427
2008 $8,960 $2,240 $11,200 $558
2007 $7,960 $1,990 $9,950 $509

Property facts

Year built
1985
Property type
apartment
Stories
1
Beds
2
Baths
2
Living area
855 sqft
Lot size
837 sqft
ZIP code
85257
City
Scottsdale
Street
Granite Reef Rd
Coordinates
33.45751, -111.90000

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
$1,325
Gross rental yield
6.36%
Implied cap rate
4.13%
Trend-extrapolated value

Frequently asked questions

When did 985 Granite Reef Rd last sell?
985 Granite Reef Rd most recently sold on Jul 25, 2022 for $250,000.
What is the current tax assessment for 985 Granite Reef Rd?
The most recent total assessment for 985 Granite Reef Rd (year 2022) is $14,910 with $710 in property tax.
How does 985 Granite Reef Rd's assessment compare to its last sale price?
The current assessment is 94.0% below the last sale price of $250,000.
When was 985 Granite Reef Rd built?
985 Granite Reef Rd was built in 1985.
How does 985 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 985 Granite Reef Rd?
985 Granite Reef Rd is a 2 bed, 2 bath, 855 sqft, 837 sqft lot apartment.
Is 985 Granite Reef Rd a flip candidate?
No — 985 Granite Reef Rd does not appear in our flips dataset.
Is 985 Granite Reef Rd a tax-appeal candidate?
No — 985 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
+6.1%
Implied 1-yr
+24.6%
2026 Q3
$1.09M
2026 Q4
$1.09M
ZIP 85257 — Median Price History + Forecast

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