NOT LISTED FOR SALE

1495 S Rita Ln Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $179,000 - $224,000

1 Bed
1 Bath
600 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $210,000 $350 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,361/month

366 Days on Market

Highlights

  • Property is near public transit
  • Double Pane Windows
  • Central Air
  • Vaulted Ceiling
  • Patio
  • Remodeled Bathroom

About This Home

As of December 2021

Incredibly 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

Jonathan Miller

AZ Brokerage Holdings, LLC License #SA578898000 Listed on: 06/23/2020

Last Buyer's Agent

Michelle James

Jason Mitchell Real Estate License #SA560912000

Jason Mitchell Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 2021

Lot Details

  • 1,047 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

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 133-09-838

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

  • Recreation Room

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,080

Year Built

Built in 2021

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Cross Street: Rural Rd and Apache Blvd
  • Property Type: Residential
  • Ownership: Leasehold
  • HOA #2: N
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 130.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2020
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2020
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Tax Year: 2020
  • Directions: South on Rural, East on Spence, South on Rita Ln
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: TEMPE MICRO ESTATES
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 130.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 600.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Unassigned
  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association Name: Tempe Micro Estates
  • Phone: 480-517-1589
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tempe Micro Estates
  • Association Fees:HOA Telephone4: 480-517-1589
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Trash

Schools

  • Elementary School: Joseph P. Spracale Elementary School
  • High School: McClintock 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: 1047.0
  • Parcel #: 133-09-838

Building Info

  • Builder Name: 180 Degrees Design+Build

Tax Info

  • Tax Annual Amount: 1080.0
  • Tax Book Number: 133.00
  • Tax Lot: 8
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Newton Community Development Corporation
Bought by
Mathis Robert
Current Estimated Value
$208,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
3.12%
Mortgage Type
New Conventional

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
Source: Public Records

Range of Values:

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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
Mathis Robert $210,000 First American Title Ins Co
Newtown Community Development Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathis Robert $186,400
Closed Mathis Robert $186,400
Closed Mathis Robert $0
Previous Owner Mathis Robert $186,400
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
12/23/2021 12/23/21 Sold $210,000 0.0% $350 / Sq Ft
06/25/2021 06/25/21 Price Changed $210,000 +23.5% $350 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
08/06/2020 08/06/20 Price Changed $170,000 -19.0% $283 / Sq Ft
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 $1,165 $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

  • J

    Seller's Agent in 2021

    Jonathan Miller

    Realty Executives

  • M

    Buyer's Agent in 2021

    Michelle James

    Jason Mitchell Real Estate

    (602) 370-9165

    1 in this area

    89 Total Sales

    Michelle James
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6096956

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-838

Arizona Maricopa County Tempe 85281 Downtown Tempe

1495 S Rita Ln, Tempe, AZ

This home is located at 1495 S Rita Ln, Tempe, AZ 85281 since 23 June 2020 and is currently estimated at $208,492, approximately $347 per square foot. This property was built in 2021. 1495 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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