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6818 South Rita Lane

6818 South Rita Lane, Tempe, AZ 85283
Property in Maricopa
Sold Jul 16, 2021
$240,000
$228,000 by Summit Funding Inc
Mortgage Due Aug 01, 2051
Sold May 27, 2011
$58,000
Local assessors in Tempe, AZ have categorized 6818 South Rita Lane as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 967 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6818 South Rita Lane has a total of 1,035 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 28, 2021 for $240,000. That's $231.88 per sqft. Prior to that sales transaction, the property was also sold in May 16, 2011 for $58,000. 6818 South Rita Lane was last assessed in 2023. The total value of the property was assessed at $20,200. Specifically, the land the property is located on was valued at $4,040. While improvements on the property were assessed at a total of $16,160. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $757. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 967
  • Total Building Area: 1,035
  • Gross Building Area: 1,035
  • Building Area: 1,035
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,035
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS TEMPE
  • Land Acres: 0.022
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLAS TEMPE MCR 157-15

Ownership

  • Current Owner : WOODARD JEFFREY ALAN
  • Current Owner 2: WOODARD LEILA ANN
  • Previous Owner : LEE MAX
  • Previous Owner 2: LEE WENDY
  • Owner Before Previous Owner: ING BANK FSB
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319905

Zoning

  • Zoning: D

Geography

  • Assessors Map Reference: 15715
  • Parcel: 301-48-566-A
  • Lot: 63
  • Meridian: SEC 11 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.358
  • Longitude: -111.925

    Address

  • Full Address: 6818 S Rita Ln
  • Address - House Number: 6818
  • Street Direction: S
  • Address - Street Name: Rita
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C018
  • 4-Digit Zip Code: 4032
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $757
  • Tax Rate Code Area: 281600

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 297,250
  • High Value: 343,450
  • Low Value: 251,049

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $228,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $40,400
  • Market Improvement Value: $161,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,200
  • Assessed Land Value: $4,040
  • Assessed Improvements Value: $16,160

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Transaction ID: 11843169938
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210777677
  • Previous Sale Recording Date: May 27, 2011
  • Previous Sale Contract Date: May 16, 2011
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jul 16, 2021
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Tempe



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Frequently Asked Questions

What neighborhood is 6818 South Rita Lane located in?
The 6818 South Rita Lane is a located in the neighborhood of Maricopa in Tempe, Tempe.
What is the average sales price for listings in 6818 South Rita Lane?
The average sales price for units in 6818 South Rita Lane is $0 currently.

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