$125,000
SOLD NOV 19, 2012

7732 S Rita Ln Unit 1 Tempe, AZ 85284

South Tempe Neighborhood
2 Beds
2 Baths
927 Sq Ft
1,392 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Heated Pool
  • Vaulted Ceiling
  • End Unit
  • C I Waggoner School Rated A-
  • Spanish Architecture
  • Walk-In Closet

About This Home

As of November 2016

Gorgeous and well maintained end unit home in Terramere complex in Tempe. This two bedroom and two bath home is situated in a highly desirable location close to ASU, shopping and freeways. The no maintenance landscaping is perfect for the busy homeowner. The two car garage is larger than a normal two car garage. This smaller, but cute single level home is perfect for an investor, a young couple, a retiree, or a single person looking for an easy to live in home.

Last Agent to Sell the Property

Jim Marshall

HomeSmart License #SA038682000 Listed on: 10/07/2012

Last Buyer's Agent

Paula Denis

My Home Group Real Estate License #SA634738000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1985

Lot Details

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

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

Interior Spaces

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

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Heated Spa

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Terramere HOA, Phone Number (480) 320-2981
  • Terramere Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,109

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Cross Street: MC CLINTOCK & ELLIOT
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 193.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1985
  • Tax Year: 2011
  • 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
  • Lot Size Acres: 0.03
  • Subdivision Name: TERRAMERE
  • Architectural Style: Spanish
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 193.0
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Vaulted Ceiling(s), Pantry, Separate Shwr & Tub
  • Living Area: 927.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: Community, Heated, None
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • 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: Electric Door Opener, Unassigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Unassigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Pool
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Terramere HOA
  • Phone: 480-320-2981
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 450.0
  • 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

Schools

  • Elementary School: C I Waggoner School
  • High School: Corona Del Sol High School
  • 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: 1109.0
  • 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%
Current Estimated Value
$366,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,103
Avg. Annual Appreciation
8.63%
Original Mortgage
$175,500
Outstanding Balance
$142,774
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$218,518

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
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $175,500 Empire West Title Agency
Cash Sale Deed $125,000 Dhi Title
Warranty Deed $198,500 Security Title Agency Inc
Interfamily Deed Transfer -- Security Title Agency Inc
Interfamily Deed Transfer -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,500 VA
Previous Owner $158,800 New Conventional
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

  • J

    Seller's Agent in 2016

    Joshua Smith

    Realty One Group

  • Laura Payne-Cyrnek

    Buyer's Agent in 2016

    Laura Payne-Cyrnek

    eXp Realty

    (602) 703-6382

    15 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Jim Marshall

    HomeSmart

    Section Image

  • P

    Buyer's Agent in 2012

    Paula Denis

    My Home Group

    (602) 550-0065

    3 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4830793

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-51-737A

Arizona Maricopa County Tempe 85284 South Tempe

7732 S Rita Ln Unit 1, Tempe, AZ

This home is located at 7732 S Rita Ln Unit 1, Tempe, AZ 85284 and is currently priced at $125,000, approximately $134 per square foot. This property was built in 1985. 7732 S Rita Ln Unit 1 is a home located in Maricopa County with nearby schools including C I Waggoner School, Kyrene Middle School, and Corona Del Sol 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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