5916 S Rita Ln Tempe, AZ 85283
The Lakes NeighborhoodEstimated Value: $527,726 - $635,000
Studio
2
Baths
2,183
Sq Ft
$276/Sq Ft
Est. Value
About This Home
This home is located at 5916 S Rita Ln, Tempe, AZ 85283 and is currently estimated at $601,432, approximately $275 per square foot. 5916 S Rita Ln is a home located in Maricopa County with nearby schools including Rover Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 6, 2025
Sold by
Michael And Katherine Willson Revocable and Willson Michael W
Bought by
Michael And Katherine Willson Revocable Livin and Willson
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$882,511
Interest Rate
6.95%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$281,079
Purchase Details
Closed on
May 17, 2018
Sold by
Willson Michael W and Willson Katherine L
Bought by
Willson Michael W and The Michael And Katherine Will
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2008
Sold by
Willson Michael W and Willson Katherine
Bought by
Willson Michael W and The Michael & Katherine Willson Revocabl
Purchase Details
Closed on
Jun 24, 1994
Sold by
Nebrich Thomas J and Nebrich Carmen C
Bought by
Willson Michael W and Willson Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
8.57%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michael And Katherine Willson Revocable Livin | -- | Premier Title Agency | |
| Willson Michael W | -- | Lawyers Title Of Arizona Inc | |
| Willson Michael W | -- | Lawyers Title Of Arizona Inc | |
| Willson Michael W | -- | None Available | |
| Willson Michael W | $117,000 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Michael And Katherine Willson Revocable Livin | $945,000 | |
| Closed | Michael And Katherine Willson Revocable Livin | $945,000 | |
| Previous Owner | Willson Michael W | $58,000 | |
| Previous Owner | Willson Michael W | $105,300 |
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 | $3,079 | $29,538 | -- | -- |
| 2024 | $2,826 | $28,131 | -- | -- |
| 2023 | $2,826 | $42,860 | $8,570 | $34,290 |
| 2022 | $2,698 | $33,470 | $6,690 | $26,780 |
| 2021 | $2,751 | $31,210 | $6,240 | $24,970 |
| 2020 | $2,660 | $28,520 | $5,700 | $22,820 |
| 2019 | $2,609 | $26,380 | $5,270 | $21,110 |
| 2018 | $2,539 | $24,710 | $4,940 | $19,770 |
| 2017 | $2,460 | $24,010 | $4,800 | $19,210 |
| 2016 | $2,448 | $24,930 | $4,980 | $19,950 |
| 2015 | $2,368 | $22,510 | $4,500 | $18,010 |
Source: Public Records
Map
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