For SaleNeutral Deal1 days on market
4625 S RITA Lane
4625 S RITA Lane, Tempe, AZ 85282, Tempe, AZ 85282
$575,000
Listing Price
4625 S RITA Lane, Tempe, AZ 85282
Loc: Tempe, AZ
Days Listed
1
Tax Assessed
$387k
Lot Size
7,789 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Fuller Elementary School
K-5
1.4 mi away
3
Connolly Middle School
6-8
1.9 mi away
8
McClintock High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylestucco exteriorsingle storyattached garagearched windowspaver walkwayartificial turfdesert landscapinggabled roofsuburbanneutral color palettecurb appeallow maintenance
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.62%
Total ROI
102.8%
Cash Flow
$191/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $191/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Tempe
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $575,000 | $345 |
| 2026-07-02 | Sold | $410,000 | $246 |
| 2026-06-03 | Pending sale | $384,900 | $231 |
| 2026-05-29 | Price change | $384,900 | $231 |
| 2026-05-16 | Price change | $404,900 | $243 |
| 2026-05-01 | Price change | $419,900 | $252 |
| 2026-04-16 | Listed for sale | $439,900 | $264 |
| 2020-11-26 | Listing removed | $1,910 | $1 |
| 2020-11-23 | Price change | $1,910 | $1 |
| 2020-11-13 | Price change | $1,925 | $1 |
| 2020-11-04 | Price change | $1,945 | $1 |
| 2020-10-03 | Listed for rent | $2,015 | $1 |
| 2019-10-13 | Listing removed | $1,850 | $1 |
| 2019-09-25 | Price change | $1,875 | $1 |
| 2019-08-20 | Listed for rent | $1,965 | $1 |
| 2015-05-15 | Listing removed | $1,430 | $1 |
| 2015-05-06 | Listed for rent | $1,430 | $1 |
| 2014-04-08 | Listing removed | $1,425 | $1 |
| 2014-01-07 | Price change | $1,425 | $1 |
| 2013-12-19 | Price change | $1,495 | $1 |
| 2013-11-02 | Listed for rent | $1,570 | $1 |
| 2013-08-15 | Sold | $194,250 | $117 |
| 2012-06-27 | Listing removed | $1,250 | $1 |
| 2012-06-04 | Listed for rent | $1,250 | $1 |
| 2009-11-18 | Sold | $137,700 | $83 |
| 2004-05-28 | Sold | $165,000 | $99 |
| 1996-01-25 | Sold | $95,000 | $57 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,346.6 | $38,680 |
| 2024 | $2,192.92 | $41,760 |
| 2023 | $2,166.9 | $17,833 |
| 2022 | $2,087.16 | $27,830 |
| 2021 | $2,037.74 | $25,670 |
| 2020 | $1,999.06 | $23,530 |
| 2019 | $1,949.32 | $21,310 |
| 2018 | $1,949.32 | $19,820 |
| 2017 | $1,891.4 | $18,330 |
| 2016 | $1,803.86 | $17,700 |
| 2015 | $1,811.88 | $15,720 |
| 2014 | $0 | $12,730 |
| 2013 | $0 | $10,450 |
| 2012 | $0 | $11,960 |
| 2011 | $0 | $13,810 |
| 2010 | $0 | $16,630 |
| 2009 | $0 | $18,810 |
| 2008 | $0 | $20,300 |
| 2007 | $0 | $18,050 |
| 2006 | $0 | $12,750 |
| 2005 | $0 | $12,750 |
| 2004 | $0 | $10,950 |
| 2003 | $0 | $10,950 |
| 2002 | $0 | $9,200 |
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