1491 S Rita Ln Tempe, AZ 85281
Downtown Tempe NeighborhoodEstimated Value: $198,000 - $224,000
1
Bed
1
Bath
600
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- Clubhouse
- Vaulted Ceiling
- Patio
- Property is near public transit
- Double Pane Windows
- Remodeled Bathroom
About This Home
As of December 2021Incredibly unique opportunity to purchase a home in this centrally located community that is easy to walk, bike or take transit to every-day necessities. There will be a 900sqft common room, indoor and outdoor gathering spaces and laundry facilities with grey-water feature that feeds landscaping. Community utilizes rainwater harvesting with low impact design to ''plant the rain'' Innovative landscaping; all onsite vegetation is edible or native flora to support a low carbon lifestyle. The homes are ENERGY STAR certified , modern design, have vaulted ceilings, shower + bathtub, built-in microwave, lofted bedroom, efficient ductless heating and air conditioning, solar roof ready. Income eligible Buyer's may be eligible for discounted purchase price and up to $22,000 in down-payment assistanc
Last Agent to Sell the Property
Realty Executives License #SA578898000 Listed on: 06/24/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,080
Year Built
- Built in 2021
Lot Details
- 1,046 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Land Lease
HOA Fees
- $130 Monthly HOA Fees
Parking
- Unassigned Parking
Home Design
- Wood Frame Construction
- Foam Roof
- Stucco
Interior Spaces
- 600 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Double Pane Windows
- Built-In Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- Remodeled Bathroom
- 1 Bathroom
Outdoor Features
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Joseph P. Spracale Elementary School
- Mckemy Middle School
- Mcclintock High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 133-09-836
Community Details
Overview
- Association fees include ground maintenance, trash
- Tempe Micro Estates Association, Phone Number (480) 517-1589
- Built by 180 Degrees Design+Build
- Tempe Micro Estates Subdivision
Amenities
- Clubhouse
- Recreation Room
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2020
Closed on
Dec 12, 2021
Sold by
Newtown Community Development Corp
Bought by
Mcguire Nicholas H
Seller's Agent
Jonathan Miller
Realty Executives
Buyer's Agent
Jonathan Miller
Realty Executives
List Price
$210,000
Sold Price
$170,000
Premium/Discount to List
-$40,000
-19.05%
Total Days on Market
335
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,896
Avg. Annual Appreciation
7.21%
Original Mortgage
$148,000
Outstanding Balance
$137,786
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$78,820
Purchase Details
Closed on
Sep 10, 2021
Sold by
Newtown Community Development Corp
Bought by
Curry Christian
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcguire Nicholas H | $210,000 | First American Title Ins Co | |
| Curry Christian | $170,000 | First American Title Ins Co | |
| Newtown Community Development Corp | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Curry Christian | $148,000 | |
| Closed | Mcguire Nicholas | $188,800 | |
| Closed | Curry Christian | $148,000 | |
| Closed | Mcguire Nicholas H | $188,800 | |
| 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 |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $170,000 | -19.0% | $283 / Sq Ft |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $210,000 | -- | $350 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,165 | $12,030 | -- | -- |
| 2024 | $1,151 | $11,457 | -- | -- |
| 2023 | $1,151 | $17,050 | $3,410 | $13,640 |
| 2022 | $1,099 | $15,510 | $3,100 | $12,410 |
| 2021 | $236 | $3,180 | $3,180 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Miller
Seller's Agent in 2021
Jonathan Miller
Realty Executives
(480) 296-6683
15 in this area
254 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6095051
APN: 133-09-836
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.
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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