NOT LISTED FOR SALE

7764 S Rita Ln Unit 5 Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $402,102 - $431,000

2 Beds
2.5 Baths
1,405 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $361,000 $257 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,579/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Covered Patio or Porch
  • C I Waggoner School Rated A-
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of June 2021

Terrific opportunity to live in one of the valley's finest location. Wonderfully located between the 101 & 10 fwy's, this bright & spacious home is in one of the most desired school & shopping districts. Home features updates to both bathrooms & the kitchen cabinets. Soaring ceilings, 2 bedrooms & 2 bathrooms, fireplace & private covered patio. Affordable HOA includes water & garbage collection. Rare attached 2 car garage at this price with plenty of guest parking. AC replaced in 2018, exterior painted in 2019. Offers over the weekend will be reviewed on Monday.

Last Agent to Sell the Property

Bob Dickinson

RETSY License #SA523207000 Listed on: 05/14/2021

RETSY

Last Buyer's Agent

Ana Benavides

eXp Realty License #BR111528000

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1985

Lot Details

  • 1,140 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

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
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 301-51-741-A

Community Details

Overview

  • Association fees include sewer, ground maintenance, street maintenance, front yard maint, trash, water
  • Metro Property Servi Association, Phone Number (480) 967-7182
  • Terramere Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,665

Year Built

Built in 1985

Lot Details

0

HOA Fees

$236 per month

Parking

2

Listing Details

  • Cross Street: RURAL & ELLIOT
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2020
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: TERRAMERE
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 256.93
  • Association Fees:HOA Fee2: 236.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1405.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Front, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 236.0
  • Association Fee Frequency: Monthly
  • Association Name: Metro Property Servi
  • 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: Metro Property Servi
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 450.0
  • 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water

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: 1140.0
  • Parcel #: 301-51-741-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1665.0
  • Tax Book Number: 301.00
  • Tax Lot: 5
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
May 17, 2021
Sold by
Sobczak Margaret M
Bought by
Almeda Benjamin and Almeda Maria T
Seller's Agent
Bob Dickinson
RETSY
Buyer's Agent
Ana Benavides
eXp Realty
List Price
$349,000
Sold Price
$361,000
Premium/Discount to List
$12,000
3.44%
Current Estimated Value
$422,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,776
Avg. Annual Appreciation
3.51%
Original Mortgage
$302,400
Outstanding Balance
$273,188
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$149,588

Purchase Details

Closed on
Apr 17, 2015
Sold by
Martin Jack and Martin Linda
Bought by
Sobczak Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Braverman Kristine Larson and Larson Patrick J
Bought by
Martin Jack and Martin Linda

Purchase Details

Closed on
Mar 5, 2002
Sold by
The Al Qabandi Family Partnership
Bought by
Larson Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.84%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Terramere Homeowners Assn
Bought by
Hendrix M Laurin and Hendrix Evelyn
Source: Public Records
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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
Almeda Benjamin $361,000 First American Title Ins Co
Sobczak Margaret M $169,900 Fidelity Natl Title Agency I
Martin Jack $215,000 First American Title Ins Co
Larson Mary Alice -- Capital Title Agency Inc
Hendrix M Laurin $16,417 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almeda Benjamin $302,400
Previous Owner Sobczak Margaret M $152,910
Previous Owner Larson Mary Alice $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2021 06/23/21 Sold $361,000 +3.4% $257 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $349,000 -- $248 / 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 $1,846 $16,932 -- --
2024 $1,746 $16,126 -- --
2023 $1,746 $28,910 $5,780 $23,130
2022 $1,665 $22,170 $4,430 $17,740
2021 $1,702 $20,150 $4,030 $16,120
2020 $1,665 $18,180 $3,630 $14,550
2019 $1,615 $16,810 $3,360 $13,450
2018 $1,566 $15,450 $3,090 $12,360
2017 $1,506 $15,030 $3,000 $12,030
2016 $1,519 $15,320 $3,060 $12,260
Source: Public Records

Agents Affiliated with this Home

  • Bob Dickinson

    Seller's Agent in 2021

    Bob Dickinson

    RETSY

    (602) 527-8086

    1 in this area

    59 Total Sales

    Bob Dickinson
    Section Image
  • Ana Benavides

    Buyer's Agent in 2021

    Ana Benavides

    eXp Realty

    (602) 989-1142

    2 in this area

    150 Total Sales

    Ana Benavides
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6236112

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-51-741A

Arizona Maricopa County Tempe 85284 South Tempe

7764 S Rita Ln Unit 5, Tempe, AZ

Not Listed for Sale

Townhouses

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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