NOT LISTED FOR SALE

4620 S Rita Ln Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $526,000 - $563,000

3 Beds
2 Baths
2,002 Sq Ft
$273/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $245,000 $122 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,144/month

About This Home

As of November 2016

This home is for someone with the dream of owning their own home. Rent to own this newer remodel with everything replace including ceiling fans, light fixtures, paint, wood tile flooring, granite countertops, stainless steal refrigerator oven/range, built-in microwave, and much more. Walking distance to Wholefoods, Starbucks, Chipotle, and countless other dinning options. Owner is offering a 36 month lease with the option to purchase at the end of the lease. $100 a month credit from each rent payment will go toward the purchase of the home. Owner will also do a normal 24 month lease for 2,225 or a 12 month lease for $2,275 a month.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Nov 29, 2016
Sold by
Hodges Daniel
Bought by
Hodges Megan
Seller's Agent
Aaron Couch
CPMS, Inc.
Buyer's Agent
Daniel Hodges
HomeSmart
List Price
$270,000
Sold Price
$245,000
Premium/Discount to List
-$25,000
-9.26%
Current Estimated Value
$554,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,782
Avg. Annual Appreciation
9.84%
Original Mortgage
$183,750
Outstanding Balance
$149,931
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$396,564

Purchase Details

Listed on
Sep 15, 2016
Closed on
Oct 28, 2016
Sold by
Patriquin Valerie M
Bought by
Hodges Megan
Seller's Agent
Aaron Couch
CPMS, Inc.
Buyer's Agent
Daniel Hodges
HomeSmart
List Price
$270,000
Sold Price
$245,000
Premium/Discount to List
-$25,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$149,931
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$396,564

Purchase Details

Closed on
Jun 20, 2005
Sold by
Dankovic Jennifer
Bought by
Patriquin Valerie M

Purchase Details

Closed on
Feb 10, 2004
Sold by
White Daniel S and White Patty M
Bought by
Patriquin Valerie M and Dankovic Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
White Daniel S and White Patty M
Bought by
White Daniel S and White Patty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 26, 2003
Sold by
White Daniel S and White Patty M
Bought by
White Daniel S and White Patty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.79%

Purchase Details

Closed on
Apr 12, 2002
Sold by
White Daniel S and White Patty
Bought by
White Daniel S and White Patty M

Purchase Details

Closed on
Dec 20, 2001
Sold by
Mcelyea David E and Mcelyea Virginia B
Bought by
White Daniel S and White Patty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1997
Sold by
Jones David L and Jones Lisa M
Bought by
Mcelyea David E and Mcelyea Virginia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,900
Interest Rate
7.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1996
Sold by
Conley Walter D and Myers Sandra M
Bought by
Jones David L and Jones Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
8.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1995
Sold by
Cupp Robert C and Cupp Audrey A
Bought by
Conley Walter D and Myers Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
8.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hodges Megan -- First American Title Ins Co
Hodges Megan $245,000 First American Title Ins Co
Patriquin Valerie M -- --
Patriquin Valerie M $164,000 Transnation Title Ins Co
White Daniel S -- Lawyers Title Of Arizona Inc
White Daniel S -- Lawyers Title Of Arizona Inc
White Daniel S -- --
White Daniel S $143,000 Lawyers Title Of Arizona Inc
Mcelyea David E $118,000 Security Title Agency
Jones David L $107,000 Security Title
Conley Walter D $105,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodges Megan $183,750
Previous Owner Patriquin Valerie M $142,500
Previous Owner Patriquin Valerie M $142,500
Previous Owner Patriquin Valerie M $50,000
Previous Owner Patriquin Valerie M $155,800
Previous Owner White Daniel S $124,000
Previous Owner White Daniel S $114,400
Previous Owner Mcelyea David E $91,900
Previous Owner Jones David L $101,650
Previous Owner Conley Walter D $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Rented $2,200 +1.1% --
06/29/2019 06/29/19 Under Contract -- -- --
06/11/2019 06/11/19 For Rent $2,175 +8.8% --
08/01/2017 08/01/17 Rented $2,000 0.0% --
06/28/2017 06/28/17 Under Contract -- -- --
06/17/2017 06/17/17 Price Changed $2,000 -3.6% $1 / Sq Ft
05/23/2017 05/23/17 Price Changed $2,075 -1.2% $1 / Sq Ft
05/03/2017 05/03/17 For Rent $2,100 0.0% --
11/30/2016 11/30/16 Sold $245,000 -1.6% $122 / Sq Ft
10/25/2016 10/25/16 Price Changed $249,000 -3.9% $124 / Sq Ft
09/29/2016 09/29/16 Price Changed $259,000 -4.1% $129 / Sq Ft
09/15/2016 09/15/16 For Sale $270,000 0.0% $135 / Sq Ft
10/01/2015 10/01/15 Rented $1,395 0.0% --
09/17/2015 09/17/15 Under Contract -- -- --
08/25/2015 08/25/15 For Rent $1,395 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,394 $21,372 -- --
2024 $2,365 $20,355 -- --
2023 $2,365 $38,920 $7,780 $31,140
2022 $2,269 $29,080 $5,810 $23,270
2021 $2,284 $26,980 $5,390 $21,590
2020 $2,215 $25,020 $5,000 $20,020
2019 $2,173 $22,580 $4,510 $18,070
2018 $2,119 $21,230 $4,240 $16,990
2017 $2,056 $19,710 $3,940 $15,770
2016 $2,042 $19,300 $3,860 $15,440
2015 $1,961 $17,100 $3,420 $13,680
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Daniel Hodges

    HomeSmart

    (480) 800-9269

    2 Total Sales

    Daniel Hodges
    Section Image
  • Aaron Couch

    Seller's Agent in 2016

    Aaron Couch

    CPMS, Inc.

    (480) 755-0926

    6 in this area

    20 Total Sales

    Aaron Couch
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Marsha Couch

    CPMS, Inc.

    (480) 839-0918

    5 in this area

    16 Total Sales

    Marsha Couch
    Section Image
  • Daniel Dishner

    Buyer's Agent in 2015

    Daniel Dishner

    Long Realty Uptown

    Section Image
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Map

Arizona Maricopa County Tempe 85282 The Lakes

4620 S Rita Ln, Tempe, AZ

This home is located at 4620 S Rita Ln, Tempe, AZ 85282 and is currently estimated at $546,495, approximately $272 per square foot. 4620 S Rita Ln is a home located in Maricopa County with nearby schools including Arredondo Elementary School, Connolly Middle School, and McClintock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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