RENTED MAY 18, 2026

3831 E Rainbow Dr Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $628,000 - $760,000

4 Beds
3.5 Baths
2,256 Sq Ft
$295/Sq Ft Est. Value

Highlights

  • Community Pool
  • Walk-In Pantry
  • Laundry Room
  • Audrey & Robert Ryan Elementary School Rated A
  • Double Pane Windows
  • Tile Flooring

About This Home

As of May 2026

Beautiful 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. 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. Available to view after March 1st.

Last Agent to Rent the Property

Yanwen Wong

West USA Realty License #BR659270000 Listed on: 02/26/2026

West USA Realty

Last Renter's Agent

Mary Pallagi

Realty ONE Group License #SA685009000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 4,446

Parking

  • 2 Car Garage

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • Smoke Free Home
  • 4,446 Sq Ft Lot

Listing and Financial Details

  • Property Available on 3/18/26
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 313-04-951

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Association
  • 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

4,446 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2026-03-18

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2024
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • 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
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Electric Range, Electric Oven, Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Kitchen Island, Pantry, Walk-in Pantry, High Speed Internet
  • Living Area: 2256.0
  • Stories: 1
  • Window Features: Dual Pane

Exterior Features

  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: All on One Level

Garage/Parking

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

Utilities

  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: AAM
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Audrey & Robert Ryan Elementary
  • High School: Basha High School
  • Junior High Dist: Chandler Unified District #80
  • 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: 313.0
  • Tax Map Number: 4.0

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
$666,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,613
Original Mortgage
$494,993
Outstanding Balance
$486,445
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$180,058

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
$486,445
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$180,058
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
05/18/2026 05/18/26 Rented $2,890 0.0% --
05/17/2026 05/17/26 Under Contract -- -- --
04/27/2026 04/27/26 Price Changed $2,890 -2.7% $1 / Sq Ft
02/25/2026 02/25/26 For Rent $2,970 +2.8% --
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

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

  • Yanwen Wong

    Landlord's Agent in 2026

    Yanwen Wong

    West USA Realty

    (480) 244-8854

    28 Total Sales

    Yanwen Wong
    Section Image
  • Mary Pallagi

    Tenant's Agent in 2026

    Mary Pallagi

    Realty One Group

    (480) 365-8372

    12 Total Sales

    Mary Pallagi
    Section Image
  • Letitia Carneghi

    Seller's Agent in 2024

    Letitia Carneghi

    West USA Realty

    (480) 800-9181

    1 in this area

    30 Total Sales

    Letitia Carneghi
    Section Image

  • O

    Buyer's Agent in 2024

    Olive Madueno

    JK Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6989744

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-04-951

Arizona Maricopa County Chandler 85249 South Chandler

3831 E Rainbow Dr, Chandler, AZ

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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