NOT LISTED FOR SALE

7732 S Rita Ln Unit 1 Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $332,000 - $395,000

2 Beds
2 Baths
927 Sq Ft
$396/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $175,500 $189 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,357/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Spanish Architecture
  • Heated Community Pool
  • C I Waggoner School Rated A-
  • Granite Countertops
  • Covered patio or porch

About This Home

As of November 2016

Fantastic Townhouse close to ASU, Shopping, Dining, & more. Bright and open floor plan with beautiful wood floor, window blinds, cozy fireplace, private patio, ceiling fans, soothing interior palette, and upgraded lighting. Stunning chefs kitchen features granite counters, breakfast bar, white appliances, and upgraded wood cabinetry with hardware. Tile floor in all the right places. Plush neutral carpet in both bedrooms. Interior laundry closet with washer/dryer included. Community Heated Pool, Spa, & near bus stop! Meticulous Home!

Last Listed By

Joshua Smith

Realty ONE Group License #SA662413000 Listed on: 09/25/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $923

Year Built

  • Built in 1985

Lot Details

  • 1,392 Sq Ft Lot
  • 1 Common Wall
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 927 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 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

  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 301-51-737-A

Community Details

Overview

  • Association fees include insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Terramere HOA, Phone Number (480) 320-2981
  • Terramere Condo Phase 1 Lot 1 25 78 81 Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$923

Year Built

Built in 1985

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Cross Street: MC CLINTOCK & ELLIOT
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 225.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2015
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2015
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2015
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2015
  • Directions: WEST ON ELLIOT TO RITA LANE...LEFT INTO TERRAMERE COMPLEX...GO PAST POOL....USE GUEST PARKING AND PROPERTY ON THE RIGHT AT END OF ALLEY.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: TERRAMERE CONDO PHASE 1 LOT 1-25 78-81
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 225.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 927.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): 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 Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop
  • Amenities: None
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Terramere HOA
  • Phone: 480-320-2981
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Terramere HOA
  • Association Fees:HOA Telephone4: 480-320-2981
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • 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 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

Fee Information

  • Association Fee Includes: Insurance, Sewer, 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: 1392.0
  • Parcel #: 301-51-737-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 923.0
  • Tax Book Number: 301.00
  • Tax Lot: 1
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2016
Closed on
Nov 10, 2016
Sold by
Miner Robert L
Bought by
Glackin Thomas J
Seller's Agent
Joshua Smith
Realty ONE Group
Buyer's Agent
Laura Payne-Cyrnek
eXp Realty
List Price
$175,000
Sold Price
$175,500
Premium/Discount to List
$500
0.29%
Total Days on Market
7
Current Estimated Value
$366,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,398
Avg. Annual Appreciation
9.09%
Original Mortgage
$175,500
Outstanding Balance
$142,774
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$224,125

Purchase Details

Listed on
Oct 7, 2012
Closed on
Nov 16, 2012
Sold by
Winterbottom Eric F and Winterbottom Patricia Al
Bought by
Miner Robert L and Hammons Virginia J
Seller's Agent
Jim Marshall
HomeSmart
Buyer's Agent
Paula Denis
My Home Group Real Estate
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Jan 16, 2007
Sold by
Thompson Betty R
Bought by
Winterbottom Eric F and Winterbottom Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,800
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2007
Sold by
Thompson Betty R
Bought by
Thompson Betty R and Thompson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,800
Interest Rate
6.09%
Mortgage Type
New Conventional

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
Glackin Thomas J $175,500 Empire West Title Agency
Miner Robert L $125,000 Dhi Title
Winterbottom Eric F $198,500 Security Title Agency Inc
Thompson Betty R -- Security Title Agency Inc
Thompson Betty R -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glackin Thomas J $175,500
Previous Owner Winterbottom Eric F $158,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $175,500 +0.3% $189 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/25/2016 09/25/16 For Sale $175,000 +40.0% $189 / Sq Ft
11/19/2012 11/19/12 Sold $125,000 -3.8% $135 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $129,900 -- $140 / 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 $1,173 $12,965 -- --
2024 $1,142 $12,347 -- --
2023 $1,142 $23,920 $4,780 $19,140
2022 $1,083 $18,200 $3,640 $14,560
2021 $1,125 $16,560 $3,310 $13,250
2020 $1,098 $14,700 $2,940 $11,760
2019 $1,064 $13,230 $2,640 $10,590
2018 $1,028 $12,020 $2,400 $9,620
2017 $985 $11,450 $2,290 $9,160
2016 $999 $11,660 $2,330 $9,330
2015 $923 $10,460 $2,090 $8,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5504702

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-51-737A