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$399,000 Just Listed
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Property Description
The most affordable listing in the highly sought-after 85284 is here! This 2 bed/2.5 bathroom is move-in ready. The interior is updated where it counts: shaker cabinets, quartz counters, and stainless steel appliances in the kitchen. Vaulted ceilings, and plantation shutters in the main living space and primary bedroom, plus a fireplace. Primary suite has its own ensuite bath and mirrored closet. Paver patio out back, plus turf for low-upkeep outdoor enjoyment. Bonus- this unit backs the community pool. HOA covers water, trash, pool, and front landscaping for low monthly utilities. Minutes from ASU, close to Tempe Town Lake and downtown Tempe, easy access to the 202 and 60. Zoned for the top-rated Kyrene School District.
Full Property Details
Full Property Details for 7716 S Rita Ln
General
- Price: $399,000
- HOA FEE: $236/month
- Taxes: $1,582 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7066199
- Updated: 8/13/2026
- Added to Site: Today
Interior
- Interior Features: Non-laminate Counter, High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Stacked Washer/Dryer, Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1S
- Subdivision: TERRAMERE CONDOMINIUMS PHASE 1
- Cross Streets: Rural Rd & Elliot Rd
Community
- Association: Yes
- Assoc. Name: Terramere HOA
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Windows: Solar Screens
- Sq. Ft. Source: Assessor
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,141
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Sprinklers In Rear, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Back
Financial Considerations
- Association Fee: $236
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,582
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 3 TERRAMERE CONDOMINIUMS PHASE 1 MCR 028842
- Property ID: 301-51-739-A
- Range: 4E
- Section: 14
- Lot Number: 3
Listed by DeLex Realty
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Schools
Schools serving 7716 S Rita Ln
School Districts:Tempe Union High School District, Kyrene Elementary District
| Name | Grades | Distance |
|---|---|---|
Kyrene Middle School 1050 East Carver Road, Tempe, AZ 85284 | 6-8 | 0.4 mi |
C I Waggoner School 1050 East Carver Road, Tempe, AZ 85284 | PK-5 | 0.4 mi |
Corona Del Sol High School 1001 East Knox Road, Tempe, AZ 85284 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7716 S Rita Ln
Date
Details
Price
Change
Source
8/13/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7716 S Rita Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,582
—
$16,932
-50%
2025
$1,582
6%
$33,920
-4%
2023
$1,492
6%
$35,500
23%
2022
$1,414
—
$28,910
30%
2022
$1,414
-4%
$22,170
10%
2021
$1,470
2%
$20,150
11%
2020
$1,435
3%
$18,180
8%
2019
$1,389
3%
$16,810
9%
2018
$1,343
4%
$15,450
3%
2017
$1,287
-1%
$15,030
-2%
2016
$1,305
8%
$15,320
11%
2015
$1,206
5%
$13,850
40%
2014
$1,151
—
$9,900
—
2013
$1,149
—
$9,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7716 S Rita Ln
7716 S Rita Lane, Tempe, AZ 85284 (MLS# 7066199) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 7716 S Rita Lane is currently listed for $399,000 and was received on August 13, 2026. Want to learn more about 7716 S Rita Lane? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

