1497 S RITA Lane Tempe, AZ $ 240,000
1497 S RITA Lane
$ 240,000
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1497 S RITA Lane

Tempe, AZ, 85281
$ 240,000
Bedrooms1 Baths1.0 Sq 600

Monthly Estimate*

$ 1,497

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Single Family Home for sale in Tempe, AZ

for $240,000 with 1 bedroom and 1 full bath. This 600 square foot home was built in 2021 on a lot size of 0.03.

***QUALIFIED BUYERS MAY RECEIVE UP TO AN ADDITIONAL $35,000 IN DOWN-PAYMENT ASSISTANCE*** incredible home and opportunity is only available to first-time home-buyers (have not owned a home in the last 3 years or ever) who meet income criteria based on household size (less than) 1-$94,250 2 -$107,700 3 - $121,200 4 -$134,650 5 - $145,400 6 - $156,200 7 - $166,950

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Single Family Active

Price

$ 240,000

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 1,165

Style

Residential

Lot Size

0.03

Year Built

2021

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6952070

Features
Interior
Interior Amenities High Speed Internet 3/4 Bath Master Bdrm
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Other
Total Bedrooms 1
Total Baths 1
Bedrooms Possible 1
Built-in Microwave True
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General
Sewer Sewer in & Cnctd Public Sewer
Heating Mini Split
Cooling Mini Split
Possession Close Of Escrow
Roof Foam
HOA Fee 170.0
Garage Spaces 0.0
Association Fee Includes Maintenance Grounds Trash Water
Construction Materials Stucco Wood Frame Painted
Year Built 2021
Township 1N
Property Subtype Single Family Residence
Tax Year 2024
Ownership Leasehold
Assoc Fee Paid Per Monthly
County Maricopa
Property Type Residential
HOA Y
Subdivision Name TEMPE MICRO ESTATES
Total Rooms 0
Special Listing Conditions Owner Occupancy Req Exclusions (SeeRmks)
Status Active
Directions South on Rural East on Spence South on Rita Ln park in visitor spaces only
High School Tempe High School
City Tempe
Disclosures Agency Discl Req Seller Discl Avail
Land Lease Amount 0.0
Association Name Tempe Micro Estates
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 1132.0
Carport Spaces 1.0
Carport Y/N N
Spa Features None
Elementary School Joseph P. Spracale Elementary School
Property Attached Y/N N
Land Lease Y/N Y
Tax Annual Amount 1165.0
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School McKemy Academy of International Studies
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name 180 Degrees Design and Develop
Standard Status Active
Occupancy Type Owner
Elementary School District Tempe School District
Tax Lot 9
Land Lease Amount Frequency Monthly
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 170.0
New Financing Cash True
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Exterior
Fencing Other
Lot Features Corner Lot
Water Source City Water
Lot Size Area 1132.0
Spa N
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1497
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* Excluded Features
List By
Fathom Realty Elite

Broker

jonathan@kanataholdings.com

Email

Affordability Calculator

$1,594
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,497
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328078 Elementary School
4899035 Middle School
Tempe High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$240,000 Listed Price

Map


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1497 S RITA Lane, Tempe, AZ, 85281 is a Single Family Home for sale at $240,000 with 600 sqft and a lot size of 0.03. 1497 S RITA Lane has 1 bedrooms, 1.0 baths, and was built in 2021. The property's zip code is 85281 which is in Tempe, AZ