NOT LISTED FOR SALE

3831 E Rainbow Dr Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $640,231 - $653,000

4 Beds
3 Baths
2,260 Sq Ft
$286/Sq Ft Est. Value

Highlights

  • Community Pool
  • Double Pane Windows
  • Tile Flooring
  • Audrey & Robert Ryan Elementary School Rated A
  • Double Vanity
  • Kitchen Island

About This Home

As of August 2024

Be the first to live in this spacious home located in Montecito at Old Stone Ranch. Brand new 4 Bedroom, 3 Bathroom home. Kitchen boasts stainless steel appliances and quartz countertops. Ceiling fans in every bedroom and great room. New washer and dryer in separate laundry room. The Community has a community pool, dog park and bike/walking trails. Listed Rental amount based on 12+ month lease period.

Last Agent to Rent the Property

Letitia Carneghi

West USA Realty License #BR662337000 Listed on: 07/18/2024

West USA Realty

Last Renter's Agent

Olive Madueno

JK Realty License #SA664782000

JK Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 4,446 Sq Ft Lot
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,260 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Fire Sprinkler System

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Audrey & Robert Ryan Elementary School
  • Willie & Coy Payne Jr. High Middle School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Property Available on 7/18/24
  • 6-Month Minimum Lease Term
  • Tax Lot 17
  • Assessor Parcel Number 313-04-951

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Association, Phone Number (623) 487-6822
  • Built by Lennar
  • Old Stone Ranch Phase 4 Subdivision, Ridge Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2024-07-18

Listing Details

  • Cross Street: Lindsay / Chandler Heights
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Rental Info H O A Name: AAM
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 6
  • Master Model: Ridge
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: OLD STONE RANCH PHASE 4
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2260.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Name: AAM
  • Phone: 623-487-6822
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Audrey & Robert Ryan Elementary
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willie & Coy Payne Jr. High

Lot Info

  • Lot Size Sq Ft: 4446.0
  • Parcel #: 313-04-951

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 17
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Jun 27, 2024
Sold by
Lennar Arizona Llc
Bought by
Shi Bin and Cheng Jizhi
Seller's Agent
Letitia Carneghi
West USA Realty
Buyer's Agent
Olive Madueno
JK Realty
Sold Price
$2,890
Views
56
Current Estimated Value
$646,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,726
Original Mortgage
$494,993
Outstanding Balance
$489,115
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$157,501

Purchase Details

Closed on
May 17, 2024
Sold by
Ag Ehc Ii Len Multi St 4 Llc
Bought by
Lennar Arizona Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,993
Outstanding Balance
$489,115
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$157,501
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shi Bin $659,990 Lennar Title
Lennar Arizona Llc $1,623,560 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Bin $494,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2024 08/26/24 Rented $2,890 0.0% --
08/09/2024 08/09/24 Under Contract -- -- --
07/18/2024 07/18/24 For Rent $2,890 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,530 $16,305 $16,305 --
2024 $21 $20,963 $20,963 --
2023 $21 $45 $45 --
Source: Public Records

Agents Affiliated with this Home

  • Letitia Carneghi

    Landlord's Agent in 2024

    Letitia Carneghi

    West USA Realty

    (480) 800-9181

    29 Total Sales

    Letitia Carneghi
    Section Image

  • O

    Tenant's Agent in 2024

    Olive Madueno

    JK Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6732761

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-04-951

Arizona Maricopa County Chandler 85249 South Chandler

3831 E Rainbow Dr, Chandler, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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