NOT LISTED FOR SALE

2329 E Rainbow Ln Pinetop, AZ 85935

Estimated Value: $353,000 - $439,000

2 Beds
2 Baths
1,416 Sq Ft
$150/mo HOA Fee

Last Sold June 26, 2020

Last sale price $235,000 $166 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,379/month

Highlights

  • Pine Trees
  • Covered Deck
  • Main Floor Primary Bedroom
  • Clubhouse
  • Vaulted Ceiling
  • Great Room

About This Home

As of June 2020

LOCATION - Great Town home in the desirable Pine Lake Meadows subdivision. This lovely town home is an end unit for privacy. Lots of parking. 2 bedrooms 2 fullbaths with possible 3rd bedroom in the loft area, or would make a great office/den. Granite counters, newer carpet, laminate floors, Stainless steel appliances,Large Trex Decks front and back, Electric retractable awning, Stone Fireplace, ETS heater in great room. Clubhouse and community lake. Don't miss this one !

Last Agent to Sell the Property

Steve Pansulla

Realty Executives Wht Mtn - Pinetop License #BR513419000 Listed on: 06/26/2020

Co-Listed By

Heather Dempsey

Realty Executives Wht Mtn - Pinetop License #SA576433000

Last Buyer's Agent

Ms. Marilyn Cummings

Russ Lyon Sotheby's International Realty - Scottsdale (Camelback) License #SA018003000

Russ Lyon Sotheby's International Realty - Scottsdale (Camelback)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,101

Year Built

  • Built in 1984

Lot Details

  • East Facing Home
  • Pine Trees

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Stem Wall Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Laundry in Hall

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Possible Extra Bedroom
  • Dressing Area
  • 2 Bathrooms
  • Bathtub with Shower

Home Security

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters

Utilities

  • Baseboard Heating
  • Heating System Uses Wood
  • Electric Thermal Storage Device
  • Separate Meters
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Clubhouse
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 311-91-061

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,101

Year Built

Built in 1984

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Additional Parcels YN: No
  • Estimated Lot Dimensions: 30x64
  • Estimated Number of Acres: 0.04
  • Estimated Sq Ft: 1416.00
  • Assessor Parcel Number: 311-91-061
  • Bathroom Features: Dressing Area, Full Bath, Tub/Shower
  • House Faces: E
  • Directions: HIghway 260 towards Pinetop Country Club to (R) Pine Lake Road to end (R) on East Rainbow Lane to first unit on left.
  • Fees Frequency: Monthly
  • Fireplace Wood Stove: Fireplace
  • Fireplace Woodstove2: Fireplace, In Living Room
  • HOA Fees: 150.00
  • Listing Member Name: Steve Pansulla
  • Listing Office Short Id: REALTYEXWM
  • Miscellaneous55 Community: No
  • Miscellaneous Warranty: No
  • Miscellaneous Wheelchair Accessible: No
  • O W C: No
  • Property Adjoins: Private
  • Property Boundary: Recorded Survey
  • Prop. Type: Residential
  • Residential Type: Condo/Townhome
  • Selling Member Short Id: 549585660
  • Selling Office Short Id: RLSIRSCOTT
  • Building Style: Multi-Level
  • Trees On Property: Yes
  • Utilities Available Metered Water Provider: Arizona Water
  • Year Built: 1984
  • Year Renovated: 2016.00
  • Zoning Manual: PUD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Carpet, Laminate
  • Has Basement: No
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Eating Area: Kitchen/Dining Room Combo
  • Interior Amenities: Dual Pane Windows, Master Bedroom Down, Sky Lights, Smoke Detector, Vaulted Ceiling
  • Kitchen Features: Built-In Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Laundry: In Hallway
  • Other Rooms: Balcony/Loft, Great Room, Other - See Remarks, Potential Bedroom, Study/Den

Exterior Features

  • Exterior Construction: Wood Frame
  • Exterior Features: Deck, Deck - Covered, Gutters/Down Spouts, In the Trees, Landscaped, Satellite Dish, Street Paved, Tall Pines On Lot
  • Foundation: Stemwall
  • Horses Allowed On Property: No
  • Road Maintenance: City
  • Roof: Pitched, Shingle

Garage/Parking

  • Carport: No
  • Garage Spaces: Yes
  • Garage/Carport Description: Garage Door Opener

Utilities

  • Heating: Baseboard, ETS, Wood
  • Power Available: Yes
  • Sewer Available: Yes
  • Utilities Available: Cable TV, Electric - Individual Metered, Metered Water, Navopache, Sewer
  • Water Available: Yes
  • Water Heater: Electric, Over 30 Gallons

Condo/Co-op/Association

  • HOA: Yes
  • Homeowners Assn: Clubhouse

Fee Information

  • Taxes: 1101.00

Schools

  • School District: Blue Ridge

Tax Info

  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jun 10, 2020
Sold by
Lane Ted C and Lane Anne W
Bought by
Dagostino Franklin J and Dagostino Cheryl R
Seller's Agent
Steve Pansulla
Realty Executives Wht Mtn - Pinetop
Buyer's Agent
Ms. Marilyn Cummings
Russ Lyon Sotheby's International Realty - Scottsdale (Camelback)
Sold Price
$235,000
Current Estimated Value
$405,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,502
Avg. Annual Appreciation
10.76%
Original Mortgage
$164,500
Outstanding Balance
$145,817
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$259,685

Purchase Details

Listed on
Jul 9, 2014
Closed on
Jun 30, 2014
Sold by
Kennedy Howard W and Kennedy Wanda M
Bought by
Lane Trust
Seller's Agent
TOM CLANCY
All Seasons Properties
Buyer's Agent
DEBBIE CLANCY (SEVER)
Realty Executives Wht Mtn - Pinetop
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Source: Public Records

Range of Values:

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Average Value
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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
Dagostino Franklin J $235,000 Lawyers Title Pinetop
Lane Trust -- Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagostino Franklin J $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $235,000 +67.9% $166 / Sq Ft
07/09/2014 07/09/14 Sold $140,000 0.0% $99 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Sold $140,000 -6.7% $99 / Sq Ft View Prior Sale
06/13/2014 06/13/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $150,000 -- $106 / Sq Ft
Source: White Mountain Association of REALTORS®

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
2026 $1,228 -- -- --
2025 $1,178 $16,482 $920 $15,562
2024 $1,071 $16,149 $920 $15,229
2023 $1,178 $14,048 $920 $13,128
2022 $1,071 $0 $0 $0
2021 $1,168 $0 $0 $0
2020 $1,138 $0 $0 $0
2019 $1,142 $0 $0 $0
2018 $1,101 $0 $0 $0
2017 $1,055 $0 $0 $0
2016 $932 $0 $0 $0
2015 $886 $9,368 $850 $8,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: White Mountain Association of REALTORS®

MLS Number: 229420

White Mountain Association of REALTORS®

APN: 311-91-061