tomo logo

$674,000

Beds
5
Baths
3.0
sq ft
2,481

2726 South Rita Lane, Tempe, AZ 85282

2726 South Rita Lane

Tempe, AZ 85282

  • 29 days on market
    • Open house Nov 14
This beautiful home located in the heart of Tempe boasts five bedrooms and three full bathrooms in a split floor plan. As you walk into an open living room there is a formal dining room off to the side. It has a spacious updated kitchen with plenty of cabinets and a premium induction range and double oven among other state of the art appliances. This home has two master bedrooms, one with a large soaking tub. All bathrooms are updated, and all the bedrooms are large with plenty of closet space, plus 2 hall closets and additional cabinet storage along the hallway.There is a sun/Arizona room that has A/C giving you more space and living area. The home has large front and back yards with easy to keep irrigated landscaping. The home is close to ASU and downtown Tempe, and sits in a good neighborhood for walking and with nearby parks. This home is perfect for any lifestyle but would also make an excellent investment property with close proximity to ASU, and Tempe dining and retail. It is also conveniently near Mesa shopping and Asian grocery markets, and with Scottsdale just a short drive away. Welcome to your Next Home!

Details

Property type

Single Family Residence

Est. home value

$623,261

Lot size

9,692 sq ft

Price per sq ft

$272

Year built

1965

Annual property taxes

$2,310

Price History

10/15/2024
ArizonaRegional

ArizonaRegional #6771207

Listed
$674,000
+41.89%
06/03/2020
ArizonaRegional

ArizonaRegional #6070715

Sold
$475,000
+7.47%
04/09/2018
ArizonaRegional

ArizonaRegional #5724854

Sold
$442,000

Schools & Community

Neighborhood: 

Rural-Geneva

Elementary school: 

Meyer Montessori Elementary School

Middle school: 

Connolly Middle School

High school: 

McClintock High School

High school district: 

Tempe Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$279,542
Asking price
$674,000
Closing costs (~8% of asking)
-$53,920
Est. remaining loan balance
-$340,538
Cash to seller
$279,542

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2020

Original loan amount

$375,000

Est. remaining balance

$340,538

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

David L Mckay and Jennifer Mckay

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
ArizonaRegional
$675,000
5 bd
|
3 ba
|
2,102 sq ft
|
House

1416 East Don Carlos Avenue, Tempe, AZ 85281

Price drop
ArizonaRegional
$699,000
5 bd
|
3 ba
|
2,808 sq ft
|
House

961 East Lamplighter Lane, Tempe, AZ 85283

ArizonaRegional
$725,000
4 bd
|
3 ba
|
2,892 sq ft
|
House

935 East Morningstar Lane, Tempe, AZ 85283

Status: Active

Tomo last checked: 11/13/2024 at 8:20 PM

Listing updated: 11/13/2024 at 6:25 PM

Listed by: Levi Combs, NextHome Alliance Phone #: (480) 382-4603

MLS: ArizonaRegional #6771207

ArizonaRegional logo

Recently listed in Tempe

$750,000|5 bd|3.0 ba|House
$475,000|3 bd|2.0 ba|House
$557,500|2 bd|2.5 ba|Townhouse
$599,900|4 bd|2.0 ba|House
$325,000|3 bd|2.0 ba|House
$525,000|4 bd|2.0 ba|House