NOT LISTED FOR SALE

4238 E Rainbow Dr Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $614,578 - $705,000

4 Beds
3 Baths
2,520 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $335,000 $133 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,609/month

6 Days on Market

Highlights

  • Play Pool
  • 0.18 Acre Lot
  • Clubhouse
  • Power Ranch Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of June 2016

Situated on a N/S Corner Lot in the Award Winning Power Ranch Comm. Featuring Sep.Living, Family, & Formal Dining Rooms with 1 Bedroom/Bath Downstairs, Wood & Tile Flooring, Vaulted Ceilings, Accent Paint, Newer Interior Accent Paint(2015), Eat-In Kitchen w/Island, Pantry, Oak Cabinets, Smooth-Top Range & B/I Micro, Soft Water System, Walk-Out Deck off Master with Great Views, Separate Shower/Jacuzzi Tub, Dual Sinks, & HUGE Walk-In Closet in Master, Extended Covered Patio w/Fans, Resort Like Backyard with Built-In BBQ, Grassy Yard, Citrus Trees, Pebble-Tec Play Pool w/Lots of Travertine Backsplash added in 2015, RV Gate, Garage has AC, Exterior Re-Painted in 2015. Power Ranch has Community Pools, Catch & Release Lake, Clubhouses, Lots of Parks, Soccer Fields, Basketball Courts & More...

Last Agent to Sell the Property

Kenny Klaus

Keller Williams Integrity First License #SA515503000 Listed on: 04/20/2016

Co-Listed By

Steven Bernasconi

Keller Williams Integrity First License #SA648753000

Last Buyer's Agent

Joanne Brown

Berkshire Hathaway HomeServices Arizona Properties License #SA550216000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 2003

Lot Details

  • 7,769 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,520 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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Gazebo
  • Playground

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 313-01-865

Community Details

Overview

  • Association fees include ground maintenance
  • Ccmc Association, Phone Number (480) 921-7500
  • Built by Standard Pacific
  • Power Ranch Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,756

Year Built

Built in 2003

Lot Details

0

HOA Fees

$79 per month

Parking

3

Listing Details

  • Cross Street: Power & Germann
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 78.75
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: kwif10
  • Co List Office Phone: 480-354-7344
  • Subdivision Name: POWER RANCH
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 132.94
  • Association Fees:HOA Fee2: 236.25
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • 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, Tub with Jets, High Speed Internet
  • Living Area: 2520.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Gazebo/Ramada, Patio
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • 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:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Temp Controlled, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Tandem 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 Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 236.25
  • Association Fee Frequency: Quarterly
  • Association Name: CCMC
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: CCMC
  • 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: 7769.0
  • Parcel #: 313-01-865
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Standard Pacific

Tax Info

  • Tax Annual Amount: 1756.0
  • Tax Book Number: 313.00
  • Tax Lot: 302
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 3, 2016
Sold by
Mellen Casey E and Kendall Kathleen Ann
Bought by
Fink Elias J and Fink Lisa M
Seller's Agent
Kenny Klaus
Keller Williams Integrity First
Buyer's Agent
Joanne Brown
Berkshire Hathaway HomeServices Arizona Properties
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$641,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,395
Avg. Annual Appreciation
7.05%
Original Mortgage
$318,250
Outstanding Balance
$254,032
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$387,363

Purchase Details

Listed on
May 14, 2014
Closed on
Nov 4, 2014
Sold by
Mellen Casey E
Bought by
Mellen Casey E and Kendall Kathleen Ann
Seller's Agent
Penny Parker
Keller Williams Arizona Realty
Buyer's Agent
Penny Gould
Keller Williams Realty East Valley
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.47%
Original Mortgage
$242,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2014
Closed on
Nov 3, 2014
Sold by
Kendall Kathleen A
Bought by
Mellen Casey E
Seller's Agent
Penny Parker
Keller Williams Arizona Realty
Buyer's Agent
Penny Gould
Keller Williams Realty East Valley
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2014
Sold by
Palmer Chris and Palmer Robin M
Bought by
Palmer Robin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,900
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2003
Sold by
First American Title Insurance Co
Bought by
Palmer Chris and Palmer Robin M
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
Fink Elias J $335,000 Fidelity Natl Title Agency I
Mellen Casey E -- None Available
Mellen Casey E -- Security Title Agency
Mellen Casey E $255,000 Security Title Agency
Palmer Robin M -- First American Title Ins Co
Palmer Chris $213,369 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fink Elias J $318,250
Previous Owner Mellen Casey E $242,250
Previous Owner Palmer Robin M $138,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2016 06/14/16 Sold $335,000 -4.3% $133 / Sq Ft
04/20/2016 04/20/16 For Sale $349,900 +37.2% $139 / Sq Ft
11/04/2014 11/04/14 Sold $255,000 -1.9% $101 / Sq Ft View Prior Sale
07/14/2014 07/14/14 Price Changed $260,000 0.0% $103 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $260,000 -- $103 / 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 $2,042 $27,581 -- --
2024 $2,190 $26,268 -- --
2023 $2,190 $46,330 $9,260 $37,070
2022 $2,092 $34,060 $6,810 $27,250
2021 $2,156 $31,150 $6,230 $24,920
2020 $2,198 $29,710 $5,940 $23,770
2019 $2,128 $27,110 $5,420 $21,690
2018 $2,053 $25,820 $5,160 $20,660
2017 $1,978 $24,520 $4,900 $19,620
2016 $2,014 $23,730 $4,740 $18,990
2015 $1,756 $21,350 $4,270 $17,080
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kenny Klaus

    Keller Williams Integrity First

  • Steven Bernasconi

    Seller Co-Listing Agent in 2016

    Steven Bernasconi

    Keller Williams Integrity First

    (480) 772-3610

    11 in this area

    250 Total Sales

    Steven Bernasconi
    Section Image
  • Joanne Brown

    Buyer's Agent in 2016

    Joanne Brown

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 225-4531

    1 in this area

    67 Total Sales

    Joanne Brown
    Section Image
  • Penny Parker

    Seller's Agent in 2014

    Penny Parker

    Keller Williams Arizona Realty

    (602) 697-9638

    70 Total Sales

    Penny Parker
    Section Image
  • Penny Gould

    Buyer's Agent in 2014

    Penny Gould

    Keller Williams Realty East Valley

    (480) 600-3663

    1 in this area

    39 Total Sales

    Penny Gould
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5431089

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-01-865

Arizona Maricopa County Gilbert 85297 Power Ranch

4238 E Rainbow Dr, Gilbert, 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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