NOT LISTED FOR SALE

7716 S Rita Ln Unit 3 Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $428,930

2 Beds
2.5 Baths
1,405 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $280,000 $199 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,742/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Granite Countertops
  • C I Waggoner School Rated A-
  • 1 Fireplace
  • Community Pool

About This Home

As of June 2020

Cutest town home in highly desirable South Tempe neighborhood! Well maintained & just remodeled featuring brand new shaker style kitchen cabinets & quartz counter tops. All stainless steels appliances. Partial guest bath remodel upstairs completed w/ new vanity, marble counter top & new wood-look tile flooring. All brand new carpeting in bedrooms & hall. Beautiful master bath shower w/ white subway tile throughout & bronze fixtures. Master bedroom & living room recently updated w/ white plantation shutters giving the feeling of home. This home boasts large, vaulted ceilings w/ lots of natural light, a low maintenance backyard & a huge TRANE AC. Home backs to community pool. Plenty of garage storage. This home is part of the award winning Kyrene school district.

Last Listed By

Patricia D'Adamo

My Home Group Real Estate License #SA672788000 Listed on: 05/15/2020

My Home Group Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 1985

Lot Details

  • 1,141 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Backyard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,405 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2.5 Bathrooms

Schools

  • C I Waggoner Elementary School
  • Kyrene Middle School
  • Corona Del Sol High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 301-51-739-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Metro Property Serv Association, Phone Number (480) 967-7182
  • Terramere Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,389

Year Built

Built in 1985

Lot Details

0

HOA Fees

$236 per month

Parking

2

Listing Details

  • Cross Street: Rural Rd & Elliot Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 236.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2020
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2020
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2019
  • Directions: E on Elliot, S (right) on Rita Ln. Veer left at the pool and follow around to sign for Rita Lane.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: myhg17
  • Co List Office Phone: 480-747-7064
  • Subdivision Name: TERRAMERE
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 236.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1405.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop
  • Amenities: Management
  • Association Fee: 236.0
  • Association Fee Frequency: Monthly
  • Association Name: Terramere HOA
  • Phone: 480-967-7182
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Terramere HOA
  • Association Fees:HOA Telephone4: 4809677182
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Metro Property Serv
  • Association Fees:HOA Management Phone: 4809677182
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: C I Waggoner School
  • High School: Corona Del Sol High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1141.0
  • Parcel #: 301-51-739-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1389.0
  • Tax Book Number: 301.00
  • Tax Lot: 3
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 15, 2020
Sold by
Adamo Patricia Anne D
Bought by
Boggess Jacqueline S and Clare Justin F
Seller's Agent
Patricia D'Adamo
My Home Group Real Estate
Buyer's Agent
Diana Keller
Keller Williams Realty East Valley
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Total Days on Market
11
Current Estimated Value
$428,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,930
Avg. Annual Appreciation
8.73%
Original Mortgage
$180,000
Outstanding Balance
$161,307
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$260,239

Purchase Details

Listed on
Jan 5, 2015
Closed on
Jan 23, 2015
Sold by
Verna Anthony and Verna Rebecca M
Bought by
Adamo Patricia Anne D
Seller's Agent
Laurie Rummel
HomeSmart
Buyer's Agent
Daniel Benson
Toll Brothers Real Estate
List Price
$174,999
Sold Price
$174,000
Premium/Discount to List
-$999
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$165,300
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2013
Sold by
Verna Anthony J and Verna Rebecca Marie
Bought by
The Anthony & Rebecca Verna Family Trust

Purchase Details

Closed on
Feb 7, 2012
Sold by
Verna Anthony J
Bought by
Verna Anthony J and Verna Rebecca Marie

Purchase Details

Closed on
Dec 17, 2008
Sold by
Meltzer Jason A
Bought by
Verna Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Hunt Thomas W and Hunt Donna J
Bought by
Meltzer Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1999
Sold by
Stone Scott R and Stone Holly M
Bought by
Hunt Thomas W and Hunt Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1997
Sold by
Amberson Lori
Bought by
Stone Scott R and Stone Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1996
Sold by
Matthews Barbara L
Bought by
Amberson Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
8.18%
Mortgage Type
FHA

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
Boggess Jacqueline S $280,000 United Title Agency
Adamo Patricia Anne D $174,000 First American Title Ins Co
Adamo Patricia Anne D $174,000 First American Title Ins Co
The Anthony & Rebecca Verna Family Trust -- None Available
Verna Anthony J -- None Available
Verna Anthony J $200,000 Security Title Agency
Meltzer Jason A $144,900 Security Title Agency
Hunt Thomas W $126,000 Chicago Title Insurance Co
Stone Scott R $111,900 Security Title Agency
Amberson Lori $106,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boggess Jacqueline S $180,000
Previous Owner Adamo Patricia Anne D $165,300
Previous Owner Verna Anthony $167,000
Previous Owner Verna Anthony J $179,000
Previous Owner Meltzer Jason A $30,000
Previous Owner Meltzer Jason A $133,000
Previous Owner Meltzer Jason A $129,900
Previous Owner Hunt Thomas W $120,500
Previous Owner Stone Scott R $89,500
Previous Owner Amberson Lori $100,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $280,000 -1.8% $199 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $285,000 +63.8% $203 / Sq Ft
02/24/2015 02/24/15 Sold $174,000 -0.6% $124 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $174,999 -- $125 / 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 $1,533 $16,932 -- --
2024 $1,492 $16,126 -- --
2023 $1,492 $28,910 $5,780 $23,130
2022 $1,414 $22,170 $4,430 $17,740
2021 $1,470 $20,150 $4,030 $16,120
2020 $1,435 $18,180 $3,630 $14,550
2019 $1,389 $16,810 $3,360 $13,450
2018 $1,343 $15,450 $3,090 $12,360
2017 $1,287 $15,030 $3,000 $12,030
2016 $1,305 $15,320 $3,060 $12,260
2015 $1,206 $13,850 $2,770 $11,080
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6078535

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-51-739A