NOT LISTED FOR SALE

1445 S Rita Ln Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $181,000 - $218,701

1 Bed
1 Bath
600 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $220,000 $367 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,374/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Private Yard
  • Property is near public transit
  • Corner Lot
  • Double Pane Windows

About This Home

As of April 2024

***QUALIFIED BUYERS MAY RECEIVE UP TO AN ADDITIONAL $64,000 IN DOWN-PAYMENT ASSISTANCE*** incredible home and opportunity is only available to first-time home-buyers (have not owned a home in the last 3 years or ever) who meet income criteria based on household size (less than) 1- $52,400 2 -$59,850 3 - $67,350 4 -$74,800 5 - $80,800 6 - $86,800 7 - $92,800 8 - $98,750

Last Agent to Sell the Property

Jonathan Miller

AZ Brokerage Holdings, LLC License #SA578898000 Listed on: 03/09/2024

Last Buyer's Agent

Jonathan Miller

Fathom Realty Elite License #SA578898000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 2021

Lot Details

  • 1,061 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Private Yard
  • Land Lease

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Designed by coLab Studios Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Joseph P. Spracale Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Mechanical Fresh Air
  • Patio

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 13
  • Assessor Parcel Number 133-09-843

Community Details

Overview

  • Association fees include ground maintenance
  • Tempe Association, Phone Number (480) 517-1589
  • Built by 180 Degrees Design and Develop
  • Tempe Micro Estates Subdivision

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 2021

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Cross Street: Rural Rd and Apache
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Leasehold
  • Architect Architect: coLab Studios
  • HOA #2: N
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 170.0
  • Basement: N
  • Green Energy Certified Year: 2021
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Tax Year: 2023
  • Directions: South on Rural, East on Spence, South on Rita Ln
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: TEMPE MICRO ESTATES
  • Architectural Style: Contemporary
  • Efficiency: Fresh Air Mechanical
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 170.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Vaulted Ceiling(s)
  • Living Area: 600.0
  • Stories: 2
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Laundry: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Mini Split
  • Heating: Mini Split
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Mini Split2: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Community Laundry, Biking/Walking Path
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association Name: Tempe
  • Phone: 480-517-1589
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tempe
  • Association Fees:HOA Telephone4: 480-517-1589
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 400.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Joseph P. Spracale Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease: Yes
  • Lot Size Sq Ft: 1061.0
  • Parcel #: 133-09-843

Green Features

  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: 180 Degrees Design and Develop

Tax Info

  • Tax Annual Amount: 1174.0
  • Tax Book Number: 133.00
  • Tax Lot: 13
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 18, 2024
Sold by
Newtown Community Dev Corp
Bought by
Miller Christoper
Seller's Agent
Jonathan Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Jonathan Miller
Fathom Realty Elite
List Price
$220,000
Sold Price
$220,000
Views
53
Current Estimated Value
$201,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,575
Avg. Annual Appreciation
-6.28%
Original Mortgage
$145,900
Outstanding Balance
$143,988
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$57,437

Purchase Details

Listed on
Mar 9, 2024
Closed on
Feb 23, 2024
Sold by
Colbert Terra
Bought by
Newtown Community Dev Corp
Seller's Agent
Jonathan Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Jonathan Miller
Fathom Realty Elite
List Price
$220,000
Sold Price
$220,000
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,900
Outstanding Balance
$143,988
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$57,437

Purchase Details

Closed on
Nov 19, 2020
Sold by
City Of Tempe Arizona
Bought by
Newtown Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2020
Sold by
Newton Community Development Corporation
Bought by
Colbert Terra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Christoper $220,000 First American Title Insurance
Newtown Community Dev Corp $182,250 First American Title Insurance
Newtown Community Development Corp -- None Available
Colbert Terra $170,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Christoper $145,900
Closed Miller Christoper $35,000
Closed Miller Christopher $145,900
Previous Owner Colbert Terra $138,000
Previous Owner Colbert Terra $10,000
Previous Owner Colbert Terra $138,000
Previous Owner Newtown Community Development Corp $0
Previous Owner Newtown Community Development Corp $0
Closed Newtown Community Development Corp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $220,000 0.0% $367 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $220,000 +29.4% $367 / Sq Ft
12/17/2021 12/17/21 Sold $170,000 -19.0% $283 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
06/23/2020 06/23/20 For Sale $210,000 -- $350 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,374 $12,270 -- --
2024 $1,174 $11,686 -- --
2023 $1,174 $17,400 $3,480 $13,920
2022 $1,121 $15,820 $3,160 $12,660
2021 $239 $3,225 $3,225 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jonathan Miller

    Realty Executives

  • Dianna Schmidt

    Buyer's Agent in 2021

    Dianna Schmidt

    Russ Lyon Sotheby's International Realty

    (602) 769-9439

    1 in this area

    9 Total Sales

    Dianna Schmidt
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6672966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-843

Arizona Maricopa County Tempe 85281 Downtown Tempe

1445 S Rita Ln, Tempe, AZ

This home is located at 1445 S Rita Ln, Tempe, AZ 85281 since 09 March 2024 and is currently estimated at $201,425, approximately $335 per square foot. This property was built in 2021. 1445 S Rita Ln is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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