NOT LISTED FOR SALE

2527 S Rita Ln Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $450,464 - $575,000

3 Beds
2 Baths
1,540 Sq Ft
$334/Sq Ft Est. Value

Last Sold February 05, 2013

Last sale price $150,000 $97 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $2,882/month

Highlights

  • No HOA
  • Central Air
  • Grass Covered Lot
  • Tile Flooring
  • Ceiling Fan
  • Heating Available

About This Home

As of July 2020

Location, Location, Location. Don't miss out on this amazing Tempe Home. In the heart of town very close to all popular spots - ASU, parks, shopping, dining, bars. Spacious 3bedroom/ 2 bath with both living and family rooms. Title floors in the main living space, Front and backyard very easy to maintain.

Last Agent to Rent the Property

Amy Haray

Gold Trust Realty License #SA653927000 Listed on: 07/12/2020

Last Renter's Agent

Chandler Thompson

Real Broker License #SA686240000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1964

Lot Details

  • 7,418 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Built-In Microwave
  • Laundry in Garage

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Broadmor Elementary School
  • Mckemy Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Hughes Acres 2 Subdivision

Listing and Financial Details

  • Property Available on 7/12/20
  • 12-Month Minimum Lease Term
  • Tax Lot 143
  • Assessor Parcel Number 133-56-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,004

Year Built

Built in 1964

Lot Details

0

Parking

2

Rental Info

  • Rent Includes: None
  • Available Date: 2020-07-12

Listing Details

  • Cross Street: Rural & Broadway
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.85
  • Lease Term Minimum Lease Term Months: 12
  • Directions: S on Broadway, E on Loma Vista Dr., S on Rita Ln., property is on your left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Hughes Acres 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1540.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Grass Front, Grass Back
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Laundry Features:In Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, In Garage
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Call

Schools

  • Elementary School: Broadmor Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size Sq Ft: 7418.0
  • Parcel #: 133-56-003

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 133.00
  • Tax Lot: 143
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Xu Wei
Bought by
Xu Wei and Zheng Yujin
Current Estimated Value
$514,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$312,407
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$201,709

Purchase Details

Closed on
Jun 30, 2015
Sold by
Yuan Yuxi
Bought by
Xu Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2015
Sold by
Zheng Yujin and Xu Wei
Bought by
Xu Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Xu Wei and Yuan Yuxi
Bought by
Xu Wei and Yuan Yuxi

Purchase Details

Listed on
May 12, 2012
Closed on
Feb 4, 2013
Sold by
Ricardo Dennis D
Bought by
Xu Wei
Seller's Agent
mike Menefee
Keller Williams Realty Phoenix
Buyer's Agent
Jason Zhang
Gold Trust Realty
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$120,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2002
Sold by
Ricardo Bonnie J
Bought by
Ricardo Dennis D

Purchase Details

Closed on
Apr 18, 1994
Sold by
Ricardo Dennis D
Bought by
Fernandes Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
5.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Xu Wei -- --
Xu Wei -- Magnus Title Agency
Xu Wei -- Magnus Title
Xu Wei -- None Available
Xu Wei $150,000 Sterling Title Agency Llc
Ricardo Dennis D -- Chicago Title Insurance Co
Ricardo Dennis D -- Chicago Title Insurance Co
Fernandes Eva -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Wei $337,500
Previous Owner Xu Wei $150,000
Previous Owner Xu Wei $120,000
Previous Owner Ricardo Dennis D $200,000
Previous Owner Fernandes Eva $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Rented $1,595 0.0% --
07/14/2020 07/14/20 Off Market $1,595 -- --
07/12/2020 07/12/20 For Rent $1,595 +18.1% --
12/28/2018 12/28/18 Rented $1,350 0.0% --
12/09/2018 12/09/18 Under Contract -- -- --
10/31/2018 10/31/18 For Rent $1,350 0.0% --
12/02/2017 12/02/17 Rented $1,350 0.0% --
11/27/2017 11/27/17 Under Contract -- -- --
10/18/2017 10/18/17 Price Changed $1,350 -6.9% $1 / Sq Ft
09/18/2017 09/18/17 For Rent $1,450 0.0% --
02/05/2013 02/05/13 Sold $150,000 -1.3% $97 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
11/12/2012 11/12/12 Price Changed $152,000 -1.3% $99 / Sq Ft
11/07/2012 11/07/12 Price Changed $154,000 -0.6% $100 / Sq Ft
10/25/2012 10/25/12 Price Changed $155,000 -1.6% $101 / Sq Ft
10/10/2012 10/10/12 Price Changed $157,500 -2.8% $102 / Sq Ft
08/20/2012 08/20/12 Price Changed $162,000 +8.0% $105 / Sq Ft
05/12/2012 05/12/12 For Sale $150,000 -- $97 / 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 $2,004 $17,892 -- --
2024 $1,980 $17,040 -- --
2023 $1,980 $33,910 $6,780 $27,130
2022 $1,899 $25,750 $5,150 $20,600
2021 $1,912 $24,850 $4,970 $19,880
2020 $1,854 $22,420 $4,480 $17,940
2019 $1,819 $20,580 $4,110 $16,470
2018 $1,774 $18,660 $3,730 $14,930
2017 $1,721 $17,720 $3,540 $14,180
2016 $1,709 $17,300 $3,460 $13,840
2015 $1,642 $16,550 $3,310 $13,240
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2020

    Amy Haray

    Gold Trust Realty

    (480) 235-8008

    8 Total Sales

    Amy Haray
    Section Image

  • C

    Tenant's Agent in 2020

    Chandler Thompson

    Real Broker

    (480) 839-6600

    17 Total Sales

    Chandler Thompson
    Section Image

  • J

    Seller's Agent in 2018

    Jenny Jie Sun Mou

    Gold Trust Realty

    (480) 593-3322

    48 Total Sales

    Jenny Jie Sun Mou
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

  • mike Menefee

    Seller's Agent in 2013

    mike Menefee

    Keller Williams Realty Phoenix

    8 in this area

    34 Total Sales

    mike Menefee
    Section Image
  • Jason Zhang

    Buyer's Agent in 2013

    Jason Zhang

    Gold Trust Realty

    (602) 526-1189

    146 Total Sales

    Jason Zhang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6102398

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-56-003

Arizona Maricopa County Tempe 85282 Alameda

2527 S Rita Ln, Tempe, AZ

This home is located at 2527 S Rita Ln, Tempe, AZ 85282 since 12 July 2020 and is currently priced at $514,116. This property was built in 1964. 2527 S Rita Ln is a home located in Maricopa County with nearby schools including Joseph P. Spracale Elementary, 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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