$312,000
SOLD JUN 10, 2013

4198 E Rainbow Dr Gilbert, AZ 85297

Power Ranch Neighborhood
4 Beds
3 Baths
3,013 Sq Ft
7,173 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Community Lake
  • Power Ranch Elementary School Rated A-
  • 0.16 Acre Lot
  • Clubhouse

About This Home

As of June 2018

A beautiful home in the master planned community of Power Ranch. Gorgeous upgraded diagonal tile throughout the entire downstairs. 2 additional dens/bedrooms (no closet) downstairs and 3/4 bath downstairs. 3 bedrooms, bathroom plus master upstairs as well as a gorgeous loft with hard wood floors. Open kitchen with island. Upgraded baseboards throughout as well as crown molding and other details in many rooms. Backyard features a gorgeous pool, and grass area as well as RV gate and side yard. This immaculate home is full of detail and well cared for by original owner. Power ranch offers several community parks, pools & club houses. Regular sale and quick close available. Welcome home!

Last Agent to Sell the Property

Sarah Gates

Keller Williams Realty Sonoran Living License #SA624690000 Listed on: 04/25/2013

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Sheila Wang

West USA Realty License #BR646182000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 2003

Lot Details

  • 7,173 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,013 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Solar Screens
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Pool

  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch

Schools

  • Power Ranch Elementary
  • Higley Traditional Academy High School

Utilities

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

Listing and Financial Details

  • Tax Lot 298
  • Assessor Parcel Number 313-01-861

Community Details

Overview

  • Property has a Home Owners Association
  • Power Ranch Association
  • Built by Standard Pacific
  • Power Ranch Subdivision
  • 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

$2,123

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Higley & Germann
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 76.25
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2008
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2006
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2012
  • Directions: East on Germann, South on Ranchhouse Parkway, East on Spring, South on Splendor, East on Rainbow to home on the left
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: Power Ranch
  • Efficiency: Multi-Zones, Sunscreen(s)
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 228.75
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Tile
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3013.0
  • Stories: 2
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Community, Heated, Fenced, Private
  • Disclosures: 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: Dir Entry frm Garage, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Pool, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: Power Ranch
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Power Ranch
  • Association Fees:HOA Telephone4: 000-000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Power Ranch Elementary
  • High School: Higley Traditional Academy
  • Middle Or Junior School: Power Ranch Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7173.0
  • Parcel #: 313-01-861
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Standard Pacific

Tax Info

  • Tax Annual Amount: 2123.0
  • Tax Book Number: 313.00
  • Tax Lot: 298
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 7, 2018
Sold by
Brodeur Amy M
Bought by
Lovelady Mark and Lovelady Jennifer
Seller's Agent
Lacey Lehman
Realty ONE Group
Buyer's Agent
Robert Hershey
PMI Phx Gateway
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%
Total Days on Market
14
Current Estimated Value
$662,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,436
Avg. Annual Appreciation
7.89%
Original Mortgage
$370,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2013
Closed on
May 15, 2013
Sold by
Brodeur Brian D and Brodeur Amy M
Bought by
Brodeur Amy M
Seller's Agent
Sarah Gates
Keller Williams Realty Sonoran Living
Buyer's Agent
Sheila Wang
West USA Realty
List Price
$315,000
Sold Price
$312,000
Premium/Discount to List
-$3,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$302,640
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2013
Closed on
May 7, 2013
Sold by
Mcguigan Michael T and Mcguigan Karen J
Bought by
Brodeur Amy M
Seller's Agent
Sarah Gates
Keller Williams Realty Sonoran Living
Buyer's Agent
Sheila Wang
West USA Realty
List Price
$315,000
Sold Price
$312,000
Premium/Discount to List
-$3,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,640
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2003
Sold by
First American Title Insurance Company
Bought by
Mcguigan Michael T and Mcguigan Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,050
Interest Rate
6.3%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Millennium Title Agency Llc
Interfamily Deed Transfer -- Chicago Title Agency Inc
Warranty Deed $312,000 Chicago Title Agency Inc
Special Warranty Deed $195,101 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $416,000 New Conventional
Closed $281,102 New Conventional
Closed $377,400 New Conventional
Closed $370,500 New Conventional
Previous Owner $302,640 New Conventional
Previous Owner $302,640 New Conventional
Previous Owner $254,000 New Conventional
Previous Owner $266,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $239,000 Negative Amortization
Previous Owner $222,050 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $390,000 0.0% $126 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $389,900 0.0% $126 / Sq Ft
05/02/2018 05/02/18 Price Changed $389,900 0.0% $126 / Sq Ft
05/01/2018 05/01/18 Off Market $390,000 -- --
04/16/2018 04/16/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $384,900 +23.4% $124 / Sq Ft
06/10/2013 06/10/13 Sold $312,000 +0.7% $104 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
05/05/2013 05/05/13 Price Changed $309,900 -1.6% $103 / Sq Ft
04/24/2013 04/24/13 For Sale $315,000 -- $105 / 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 $2,460 $31,080 -- --
2024 $2,467 $29,600 -- --
2023 $2,467 $48,180 $9,630 $38,550
2022 $2,358 $35,310 $7,060 $28,250
2021 $2,429 $32,310 $6,460 $25,850
2020 $2,476 $30,980 $6,190 $24,790
2019 $2,398 $28,260 $5,650 $22,610
2018 $2,313 $26,970 $5,390 $21,580
2017 $2,229 $25,820 $5,160 $20,660
2016 $2,227 $25,010 $5,000 $20,010
2015 $1,979 $24,000 $4,800 $19,200
Source: Public Records

Agents Affiliated with this Home

  • Lacey Lehman

    Seller's Agent in 2018

    Lacey Lehman

    Realty One Group

    (480) 703-6483

    3 in this area

    421 Total Sales

    Lacey Lehman
    Section Image
  • Drew Lehman

    Seller Co-Listing Agent in 2018

    Drew Lehman

    Realty One Group

    (480) 321-8117

    9 Total Sales

    Drew Lehman
    Section Image

  • R

    Buyer's Agent in 2018

    Robert Hershey

    PMI Phx Gateway

    (480) 980-7653

    58 Total Sales

    Robert Hershey
    Section Image
  • Sarah Gates

    Seller's Agent in 2013

    Sarah Gates

    Keller Williams Realty Sonoran Living

    (480) 628-0642

    2 in this area

    129 Total Sales

    Sarah Gates
    Section Image
  • Sheila Wang

    Buyer's Agent in 2013

    Sheila Wang

    West USA Realty

    (602) 750-1620

    1 in this area

    60 Total Sales

    Sheila Wang
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4925893

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-01-861

Arizona Maricopa County Gilbert 85297 Power Ranch

4198 E Rainbow Dr, Gilbert, AZ

This home is located at 4198 E Rainbow Dr, Gilbert, AZ 85297 and is currently priced at $312,000, approximately $103 per square foot. This property was built in 2003. 4198 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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