1497 S Rita Lane, Tempe, AZ 85281 - Photo 1

1/1

$212,000

Sold
Closed
Single Family
1 Bed
1 Full Bath
0.03 Acres

1/1

Property Description

ATTENTION: Appraisers, Realtors, etc. This is a leasehold property. Do not use this property as a comparable sale. The property is part of Newtown's Community Land Trust program and is being sold below market value. Buyers must meet income eligibility and other program requirements. The ground lease contains resale and other restrictions.

Full Property Details

Full Property Details for 1497 S Rita Ln

General

Sold For: $212,000
HOA FEE: $170/month
Taxes: $1,165 (2024)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6935466
Added to Site: 89 day(s) ago

Interior

Interior Features: 3/4 Bath Master Bdrm
Appliances: Electric Cooktop

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Other Rooms

Laundry: Other

Location

County: Maricopa
Township: 1N
Subdivision: TEMPE MICRO ESTATES
Cross Streets: Rural Rd and Apache Blvd

Community

Association: Yes
Assoc. Name: Tempe Micro Estates
Assoc. Fees Include: Maintenance Grounds, Trash, Water

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Mini Split
Heating Type: Mini Split

Utilities

Water: City Water

Structural Information

Builder: 180 Degrees Design and Develop
Exterior Const.: Stucco, Wood Frame, Painted
Roof: Foam
Sq. Ft. Source: Architect
Year Built: 2021

Lot Features

Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,132
Lot Size Source: Assessor
Lot Features: Corner Lot
Fencing (Description): Other

Financial Considerations

Land Lease Fee Freq: Monthly
Association Fee: $170
Assoc Fee Freq.: Monthly
Tax Amount: $1,165
Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Leasehold
Special Conditions: Owner Occupancy Req, Exclusions (SeeRmks)
Legal Description: LOT 9 TEMPE MICRO ESTATES MCR 150348
Property ID: 133-09-839
Range: 4E
Section: 23
Lot Number: 9

Listed and Sold by Fathom Realty Elite

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Schools

Schools serving 1497 S Rita Ln

School Districts:Tempe School District, Tempe Union High School District

Name	Grades	Distance
Curry Elementary School 1974 East Meadow Drive, Tempe, AZ 85282	K-5	1.3 mi
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282	6-8	1.3 mi
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282	9-12	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1497 S Rita Ln

Date

Details

Price

Change

Source

11/18/2025

Sold

$212,000

—

MLS

10/18/2025

Listed

$212,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1497 S Rita Lane, Tempe, AZ 85281 (MLS# 6935466) is a Single Family property that was sold at $212,000 on November 18, 2025. Want to learn more about 1497 S Rita Lane? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

1497 S Rita Ln Tempe, AZ 85281