1497 S Rita Lane, Tempe, AZ 85281
- $212,000
- 1
- BD
- 1
- BA
- 600
- SqFt
- Sold Price
- $212,000
- List Price
- $212,000
- Closing Date
- Nov 18, 2025
- Days on Market
- 0
- Status
- CLOSED
- MLS#
- 6935466
- City
- Tempe
- Bedrooms
- 1
- Bathrooms
- 1
- Living SQFT
- 600
- Lot Size
- 1,132
- Subdivision
- Tempe Micro Estates
- Year Built
- 2021
- Type
- Single Family Residence
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.
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Additional Information
- Elementary School
- Joseph P. Spracale Elementary School
- High School
- Tempe High School
- Middle School
- McKemy Academy of International Studies
- Acres
- 0.03
- Assoc Fee Includes
- Water, Trash, Maintenance Grounds
- Hoa Fee
- $170
- Hoa Fee Frequency
- Monthly
- Land Lease Fee Frequency
- Monthly
- Hoa
- Yes
- Hoa Name
- Tempe Micro Estates
- Builder Name
- 180 Degrees Design and Develop
- Community
- Tempe Micro Estates
- Construction
- Wood Frame, Painted, Stucco
- Fencing
- Other
- Laundry
- Other
- Living Area
- 600
- Lot Size
- 1,132
- New Financing
- Cash, Conventional
- Lot Features
- Corner Lot
- Roofing
- Foam
- Sewer
- Sewer-In & Connected
- Spa
- None
- Stories
- 2
- Subdivision
- Tempe Micro Estates
- Taxes
- $1,165
- Tax Year
- 2024
- Water
- Public
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Listing courtesy of Fathom Realty Elite. Selling Office: Fathom Realty Elite.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.