NOT LISTED FOR SALE

3861 E Rainbow Dr Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $644,045

4 Beds
2.5 Baths
2,275 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $654,990 $288 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,766/month

16 Days on Market

Highlights

  • Community Pool
  • Double Pane Windows
  • Patio
  • Audrey & Robert Ryan Elementary School Rated A
  • Dual Vanity Sinks in Primary Bathroom
  • Tile Flooring

About This Home

As of May 2024

Amazing opportunity to own new in the popular south Chandler community of Old Stone Ranch! Close to everything this community will feature a pool to cool off in and it's own dog park. HOA takes care of the front yard. Perfect lock and leave with low maintenance. This home features our platinum package with Sonoma Maple Linen cabinets, Granite countertops and 8x36 plank tile flooring.

Last Agent to Sell the Property

Joanne Hall

Lennar Sales Corp License #BR528037000 Listed on: 03/11/2024

Lennar Sales Corp

Last Buyer's Agent

Isaiah Hamlin

HomeSmart License #SA696020000

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 4,446 Sq Ft Lot
  • Desert faces the front of the property
  • Partially Fenced Property

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,275 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 313-04-948

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Associated Asset Mgt Association, Phone Number (623) 487-6822
  • Built by Lennar
  • Old Stone Ranch Phase 4 Subdivision, Peak Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$232 per month

Parking

2

Listing Details

  • Cross Street: Lindsay and Chandler Heights
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 232.0
  • 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
  • Tax Year: 2023
  • Master Model: Peak
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: OLD STONE RANCH PHASE 4
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 287.91
  • Association Fees:HOA Fee2: 232.0
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2275.0
  • 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
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Partial
  • Exterior Features: Other
  • Lot Features: Desert Front, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Under Construction: Yes
  • Exterior Features:Other6: Yes

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: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 232.0
  • Association Fee Frequency: Monthly
  • Association Name: Associated Asset Mgt
  • Phone: 623-487-6822
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Associated Asset Mgt
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4446.0
  • Parcel #: 313-04-948

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 21.0
  • Tax Book Number: 313.00
  • Tax Lot: 14
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Jun 11, 2024
Sold by
Howard Markus Anthony and Howard Peighton Augusta
Bought by
Markus And Peighton Howard Revocable Living T and Howard
Seller's Agent
Joanne Hall
Lennar Sales Corp
Buyer's Agent
Isaiah Hamlin
HomeSmart
List Price
$652,990
Sold Price
$654,990
Premium/Discount to List
$2,000
0.31%
Views
26
Current Estimated Value
$644,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,945
Avg. Annual Appreciation
-1.03%
Original Mortgage
$523,992
Outstanding Balance
$516,645
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$127,400

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 23, 2024
Sold by
Lennar Arizona Llc
Bought by
Howard Markus Anthony and Howard Peighton Augusta
Seller's Agent
Joanne Hall
Lennar Sales Corp
Buyer's Agent
Isaiah Hamlin
HomeSmart
List Price
$652,990
Sold Price
$654,990
Premium/Discount to List
$2,000
0.31%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,992
Outstanding Balance
$516,645
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$127,400
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
Markus And Peighton Howard Revocable Living T -- None Listed On Document
Howard Markus Anthony $654,990 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Markus Anthony $523,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $654,990 0.0% $288 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $654,990 +0.3% $288 / Sq Ft
03/12/2024 03/12/24 For Sale $652,990 -- $287 / Sq Ft
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 $2,039 $16,305 $16,305 --
2024 $21 $20,963 $20,963 --
2023 $21 $45 $45 --
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joanne Hall

    Lennar Sales Corp

    (623) 236-3376

    61 in this area

    1,208 Total Sales

    Joanne Hall
    Section Image

  • I

    Buyer's Agent in 2024

    Isaiah Hamlin

    HomeSmart

    (602) 230-7600

    2 in this area

    30 Total Sales

    Isaiah Hamlin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6675679

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-04-948

Arizona Maricopa County Chandler 85249 South Chandler

3861 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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