NOT LISTED FOR SALE

Estimated Value: $940,427 - $1,369,000

-- Bed
4 Baths
3,345 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 7433 S Rita Ln, Tempe, AZ 85283 and is currently estimated at $1,191,357, approximately $356 per square foot. 7433 S Rita Ln is a home located in Maricopa County with nearby schools including Kyrene de los Niños Elementary School, Kyrene del Norte School, and Kyrene Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Newman Marc Alan and Newman Shelley J
Bought by
Newman Revocable Trust
Current Estimated Value
$1,191,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$632,692
Interest Rate
5.47%
Mortgage Type
New Conventional
Estimated Equity
$548,332

Purchase Details

Closed on
Aug 26, 1999
Sold by
Newman Marc Alan and Newman Shelley J
Bought by
Newman Marc Alan and Newman Shelley J

Purchase Details

Closed on
Mar 10, 1997
Sold by
Forte Homes Construction Llc
Bought by
Forte Homes Sales Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.37%

Purchase Details

Closed on
Mar 5, 1997
Sold by
Forte Homes Sales Llc
Bought by
Newman Marc Alan and Newman Shelley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.37%

Purchase Details

Closed on
Sep 20, 1995
Sold by
Bcg Homes #2 Llc
Bought by
Cochran John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,312
Interest Rate
7.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Newman Revocable Trust -- Lawyers Title
Newman Marc Alan -- Lawyers Title
Newman Marc Alan -- --
Forte Homes Sales Llc -- Ati Title Agency
Forte Homes Construction Llc -- Ati Title Agency
Newman Marc Alan -- Ati Title Agency
Cochran John N $89,750 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Marc Alan $650,000
Previous Owner Newman Marc Alan $287,000
Previous Owner Cochran John N $67,312
Source: Public Records

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 $6,001 $62,462 -- --
2024 $5,841 $59,487 -- --
2023 $5,841 $85,280 $17,050 $68,230
2022 $5,542 $67,600 $13,520 $54,080
2021 $5,680 $67,250 $13,450 $53,800
2020 $5,541 $63,070 $12,610 $50,460
2019 $5,358 $59,050 $11,810 $47,240
2018 $5,177 $53,980 $10,790 $43,190
2017 $4,955 $53,180 $10,630 $42,550
2016 $5,005 $54,250 $10,850 $43,400
2015 $4,569 $48,480 $9,690 $38,790
Source: Public Records

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