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5877 N GRANITE REEF Road #1124, Scottsdale, AZ, 85250

1beds
1baths
680sqft
$259,000
$381price/sqft
$2,070/moest. monthly cost
$82,800/yrincome needed

About This Home

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!

Getting Around

60
WalkingSomewhat Walkable
35
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

7/10
Pueblo Elementary SchoolGrades PK-60.8 mi
6/10
Mohave Middle SchoolGrades 6-80.3 mi
9/10
Saguaro High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1980

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,Painted

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Range
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • High Speed Internet,Granite Counters,Full Bth Master Bdrm
  • Flooring: Tile
  • Common walls with other units/homes: Neighbor Above

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Programmable Thmstat

Interior Area

  • Total structure area: 680
  • Total interior livable area: 680 sqft

Property

Details

  • Parcel number: 17375293
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Patio & porch: Covered,Patio
  • Exterior features: Storage
  • Spa features: None
  • Fencing: Block

Lot

  • Lot size: 665 sqft
  • Features: Desert Front

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,309$15,708
Home Insurance $52$624
Property Taxes $493$5,916
Electricity $216$2,603
Total$2,070$24,840

Income You'd Need if You Spent...

35% on housing$70,971/yr
40% on housing$62,100/yr
45% on housing$55,200/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$381This listing

vs Other Active Listings

Avg $/sqft

ZIP 85250$343
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85250$452
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-08Price change$254,900
2026-07-01Listed for sale$259,000
2012-02-10Sold$58,000
2011-11-18Price change$58,000
2011-11-05Price change$59,900
2011-09-21Listed for sale$60,000
2006-08-11Sold$160,875

For Sale by Agent

AgentMatthew Hoedt
BrokerageRealty ONE Group

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