NOT LISTED FOR SALE

4188 E Rainbow Dr Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $602,000 - $652,000

5 Beds
3 Baths
2,640 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $329,000 $125 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,621/month

4 Days on Market

Highlights

  • 0.16 Acre Lot
  • Community Lake
  • Contemporary Architecture
  • Power Ranch Elementary School Rated A-
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of May 2017

Looking for a fantastic home? Then you must see this beautiful recently painted home with 5 bedrooms plus a den, and 3 bathrooms. Enter and you will fall in love with the living/dining rooms with 20' ceiling and gorgeous light fixture. Proceed into the HUGE kitchen that opens to the family room. The kitchen is recently updated and boast beautiful cabinets with crown molding, granite counter tops, stainless steel appliances, refrigerator, and GAS cook top. The den and one bedroom are also downstairs, all re-carpeted, and bathrooms with upgraded lighting. Enjoy the newly installed softwater system and gas water heater. The large grassy backyard has; updated irrigation, fruit trees and an extended patio. The home is located in Power Ranch, a premier community with pool and many facilities.

Last Agent to Sell the Property

Glenn Buday

Realty ONE Group License #SA046952000 Listed on: 04/26/2017

Last Buyer's Agent

Michael Yozzo

eXp Realty License #BR624727000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 2003

Lot Details

  • 7,140 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Power Ranch Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 297
  • Assessor Parcel Number 313-01-860

Community Details

Overview

  • Association fees include ground maintenance
  • Power Ranch Association, Phone Number (480) 988-0960
  • Built by Standard Pacific
  • Power Ranch Neighborhood 4 Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,364

Year Built

Built in 2003

Lot Details

0

HOA Fees

$81 per month

Parking

2

Listing Details

  • Cross Street: German Rd. and Power Rd.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 80.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 7/16
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 7/16
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 7/16
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2016
  • Directions: West on German Rd. to Ranch House Rd., South to Spring Lane, then turn left to Splendor Place, turn right to Rainbow Drive, turn left to the house on the left side of Rainbow Dr.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 4
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 242.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2640.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Community Pool, Lake Subdivision, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, VA Approved Prjct
  • Association Fee: 242.0
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch
  • Phone: 480-988-0960
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 382.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch
  • Association Fees:HOA Telephone4: 480-988-0960
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 750.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Power Ranch Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7140.0
  • Parcel #: 313-01-860
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Standard Pacific

Tax Info

  • Tax Annual Amount: 2364.0
  • Tax Book Number: 313.00
  • Tax Lot: 297
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 26, 2017
Sold by
Kuhn David D and Kuhn Victoria C
Bought by
Lou Michael and Baratta Lou Silvia
Seller's Agent
Glenn Buday
Realty ONE Group
Buyer's Agent
Michael Yozzo
eXp Realty
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$633,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,134
Avg. Annual Appreciation
8.43%
Original Mortgage
$263,200
Outstanding Balance
$221,245
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$423,637

Purchase Details

Closed on
Apr 22, 2010
Sold by
Osborn Sean
Bought by
Kuhn David D and Kuhn Victoria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Osborn Sean and Osborn Soo
Bought by
Osborn Sean

Purchase Details

Closed on
Jul 18, 2005
Sold by
Osborn Soo
Bought by
Osborn Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 2003
Sold by
First American Title Ins Co
Bought by
Pennel Darren Keith and Pennel Ruth Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,498
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
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
Lou Michael $329,000 Greystone Title Agency Llc
Kuhn David D $200,000 Security Title Agency
Osborn Sean -- None Available
Osborn Sean -- --
Osborn Sean $405,000 --
Pennel Darren Keith $199,373 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lou Michael $137,650
Open Lou Michael $263,200
Previous Owner Kuhn David D $145,000
Previous Owner Kuhn David D $160,000
Previous Owner Osborn Sean $40,500
Previous Owner Osborn Sean $324,000
Previous Owner Pennel Darren Keith $159,498
Closed Pennel Darren Keith $39,874
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $329,000 0.0% $125 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $329,000 0.0% $125 / Sq Ft
04/26/2017 04/26/17 Off Market $329,000 -- --
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 $2,355 $27,600 -- --
2024 $2,605 $26,286 -- --
2023 $2,605 $46,760 $9,350 $37,410
2022 $2,502 $32,210 $6,440 $25,770
2021 $2,537 $29,360 $5,870 $23,490
2020 $2,574 $28,200 $5,640 $22,560
2019 $2,498 $25,510 $5,100 $20,410
2018 $2,418 $24,310 $4,860 $19,450
2017 $1,980 $23,300 $4,660 $18,640
2016 $2,326 $22,430 $4,480 $17,950
2015 $2,078 $21,370 $4,270 $17,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Glenn Buday

    Realty One Group

    (602) 526-1902

    11 Total Sales

    Glenn Buday
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Yozzo

    eXp Realty

    (480) 507-1800

    7 Total Sales

    Michael Yozzo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5596200

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-01-860

Arizona Maricopa County Gilbert 85297 Power Ranch

4188 E Rainbow Dr, Gilbert, AZ

This home is located at 4188 E Rainbow Dr, Gilbert, AZ 85297 since 26 April 2017 and is currently estimated at $633,134, approximately $239 per square foot. This property was built in 2003. 4188 E Rainbow Dr is a home located in Maricopa County with nearby schools including Power Ranch Elementary School, Sossaman Middle School, and Higley High School.

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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