This property is master lease for 3 years w/Tenant paying all expenses. Great value with an excellent location for this remodeled Tempe Duplex. Close proximity to ASU and university transportation. Property features two spacious 1 bedroom, 1 bathroom units, both with a one car carport and slab parking, large private block fenced backyards in a quiet low traffic neighborhood. New flooring, tile tub/ shower surrounds, new vanities and cabinets, quartz countertops, dual pane windows, fixtures, stainless steel appliances and NEW underground pipes. Ample storage throughout, extended length carport and low maintenance landscaping.. Buyer to verify all Facts and Figures. Drive by only as this is occupied.
Sold for $850,000
$850,000
1421 S RITA Lane, Tempe, AZ 85281
2beds
2baths
1,400sqft
Multi Family
Built in 1959
-- sqft lot
$615,800 Zestimate®
$607/sqft
$1,637 Estimated rent
Home value
$615,800
$554,000 - $684,000
$1,637/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: May 16, 2024 at 07:12am
Listed by:
Linda S Gerchick 602-688-9279,
Gerchick Real Estate
Bought with:
Erik Kelly, SA538275000
eXp Realty
Source: ARMLS,MLS#: 6500596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Individual, Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved, Free, >1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Details
- Parcel number: 13309019E
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Master Meter, City Franchise
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Tempe
- Subdivision: HALSINGBORG
Other
Other facts
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2024 | Sold | $850,000-1.7%$607/sqft |
Source:  ARMLS #6500596 Report a problem | ||
| 4/27/2024 | Pending sale | $865,000$618/sqft |
Source: ARMLS #6500596 Report a problem | ||
| 11/13/2023 | Price change | $865,000-1.1%$618/sqft |
Source: ARMLS #6500596 Report a problem | ||
| 10/18/2023 | Listed for sale | $875,000$625/sqft |
Source: ARMLS #6500596 Report a problem | ||
| 10/5/2023 | Listing removed | $875,000$625/sqft |
Source: ARMLS #6500596 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,292 +7% | $37,070 +2.2% |
| 2024 | $1,207 +1.2% | $36,270 +269.5% |
| 2023 | $1,193 +3.8% | $9,816 -61.3% |
Find assessor info on the county website
Neighborhood: Jen Tilly Terrace
Nearby schools
GreatSchools rating
- 4/10Curry Elementary SchoolGrades: K-5Distance: 1.3 mi
- 3/10Connolly Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10McClintock High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Tempe Elementary School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$615,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$615,800
- Arizona
- Maricopa County
- Tempe
- 85281
- Jen Tilly Terrace
- 1421 S RITA Lane