1480 S RITA Lane, Tempe, AZ 85281 (MLS# 7062698)

1480 S RITA Lane, Tempe, AZ 85281

$240,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 637 Lot Size (sq. ft.): 1,046 Status: Active
Current Price: $240,000 List Date: 8/12/2026 Last Modified: 8/13/2026

Overview

Description

*QUALIFIED BUYERS MAY RECEIVE UP TO AN ADDITIONAL $32,000 IN DOWN-PAYMENT ASSISTANCE*** incredible home and opportunity is only available to income eligible buyers who don't currently own a home. Income limits are based on household size (have not owned a home in the last 3 years or ever) who meet income criteria based on household size (less than) 1- $94,440 2 -$108,000 3 - $121,440 4 -$134,880 5 - $145,680 6 - $156,480 7 - $167,280 8 - $178,080

Listing Details MLS# 7062698

Location, Tax & Legal

House Number
1480
Compass
S
Street Name
RITA
St Suffix
Lane
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5806
Country
US
County Code
Maricopa
Assessor Number
133-09-834
Subdivision
TEMPE MICRO ESTATES
Tax Year
2025

Contract Information

Type
Exclusive Right To Sell
Ownership
Leasehold
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
Yes
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
637
Price/SqFt
376.77
Horses
N
Builder Name
180 Degrees Design and Build
Year Built
2021
Approx Lot SqFt
1046
Approx Lot Acres
0.024
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
Tempe Micro Estates
Marketing Name
Tempe Micro Estates
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Joseph P. Spracale Elementary School
Jr. High School
McKemy Academy of International Studies
High School
Tempe High School

Remarks Misc

Cross Street
Rural Rd and Apache Blvd
Directions
South on Rural, East on Spence, South on Rita Ln

Legal Info

Township
1N
Range
4E
Section
23
Lot Number
4

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
Yes
Total Covered Spaces
Yes

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Property Features

Special Listing Cond: Exclusions (SeeRmks); Owner Occupancy Req Master Bathroom: None Spa: None Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Electric Range; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Non-laminate Counter Laundry: Washer Included; Dryer Included; Inside Foundation Details: Slab Other Rooms: Great Room Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Cooling: Mini Split Heating: Mini Split Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Fencing: Front Yard Property Description: North/South Exposure Landscaping: Gravel/Stone Back; Desert Front Lockbox Type: None Possession: Close of Escrow Association Fee Incl: Water; Sewer; Garbage Collection; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: Fathom Realty Elite
Last Updated: August - 13 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Looking to Buy or Sell in the Phoenix Area

G-Y568ZD5VNW