NOT LISTED FOR SALE

4277 E Rainbow Dr Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $660,000 - $686,000

5 Beds
3 Baths
2,984 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $300,000 $101 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,758/month

Highlights

  • 0.19 Acre Lot
  • Community Lake
  • Main Floor Primary Bedroom
  • Power Ranch Elementary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of March 2014

**Manager Gone Crazy Move In Special- Move In on or before March 15th and Pay NO RENT until May 1st (March/April Free)! Call for details ** Beautiful Five Bedroom plus Loft, Three Bedroom Power Ranch Rental Opportunity just Minutes from Shopping and Dining with all the perks Gilbert is known for! Interior features Two-Tone Paint, Vaulted Ceilings, Upgraded Blinds/Fixtures, Living Room, Family Room, Kitchen with Island, Granite Counters and Black Appliances, Breakfast Area, Full Bathroom Downstairs, Loft, Spacious Master Suite with Dual Sinks, Separate Tub/Shower, Walk-In Closet and the list goes on! Exterior features include Prime Corner Lot, Covered Patio, and Finished Landscaping Front/Back. Let this home speak for itself and schedule a showing today! $150 Admin Fee

Last Agent to Rent the Property

Alex C.

Red Hawk Realty License #SA578913000 Listed on: 02/17/2014

Co-Listed By

Joseph Lewis

DeLex Realty License #SA553237000

Last Renter's Agent

Gerald Centner

Red Hawk Realty License #BR540392000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 8,088 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,984 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Laundry in unit

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 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
  • Higley Traditional Academy High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 2/20/14
  • 12-Month Minimum Lease Term
  • Tax Lot 269
  • Assessor Parcel Number 313-01-832

Community Details

Overview

  • Property has a Home Owners Association
  • Power Ranch Association, Phone Number (480) 555-1212
  • Power Ranch Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2014-02-20

Listing Details

  • Cross Street: Power and Germann
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Rental Info H O A Name: Power Ranch
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: reha001
  • Co List Office Phone: 480-396-9766
  • Subdivision Name: Power Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Upstairs, Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2984.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: 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
  • Kitchen Features:Disposal2: 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

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: None
  • 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: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Pool, Playground, Biking/Walking Path
  • Association Name: Power Ranch
  • Phone: 480-555-1212
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 8088.0
  • Parcel #: 313-01-832
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 269
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2014
Sold by
Freo Arizona Llc
Bought by
Progress Residential 2014-1 Borrower Llc
Current Estimated Value
$672,446

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 3, 2013
Sold by
Kyliavas Michelle
Bought by
Freo Arizona Llc
Seller's Agent
Kirsten Schafer
Property Plus USA Realty
Buyer's Agent
Brian Bair
OfferPad Brokerage, LLC
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Dec 19, 2008
Sold by
Morrow Marlon W and Morrow Valerie D
Bought by
Kyliavas Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
First American Title Insurance Co
Bought by
Morrow Marlon W and Morrow Valerie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,357
Interest Rate
5.54%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Progress Residential 2014-1 Borrower Llc -- None Available
Freo Arizona Llc $300,000 Fidelity National Title Agen
Kyliavas Michelle $280,000 Landamerica Title Agency
Morrow Marlon W $224,842 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kyliavas Michelle $222,000
Previous Owner Morrow Marlon W $202,357
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2014 03/04/14 Rented $1,995 0.0% --
03/03/2014 03/03/14 Under Contract -- -- --
02/17/2014 02/17/14 For Rent $1,995 0.0% --
07/08/2013 07/08/13 Sold $300,000 -6.3% $101 / Sq Ft View Prior Sale
06/14/2013 06/14/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $320,000 0.0% $107 / Sq Ft
09/29/2012 09/29/12 Rented $1,995 0.0% --
09/24/2012 09/24/12 Under Contract -- -- --
09/10/2012 09/10/12 For Rent $1,995 -- --
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 $2,825 $31,513 -- --
2024 $2,975 $30,013 -- --
2023 $2,975 $47,910 $9,580 $38,330
2022 $2,857 $37,070 $7,410 $29,660
2021 $2,896 $33,810 $6,760 $27,050
2020 $2,939 $32,120 $6,420 $25,700
2019 $2,852 $28,570 $5,710 $22,860
2018 $2,761 $27,180 $5,430 $21,750
2017 $2,668 $26,450 $5,290 $21,160
2016 $2,656 $25,580 $5,110 $20,470
2015 $2,372 $24,610 $4,920 $19,690
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2014

    Alex C.

    Red Hawk Realty

    2 Total Sales

    Alex C.
    Section Image

  • J

    Landlord's Co-Listing Agent in 2014

    Joseph Lewis

    DeLex Realty

    (602) 930-7661

    1 in this area

    12 Total Sales

    Joseph Lewis
    Section Image
  • Gerald Centner

    Tenant's Agent in 2014

    Gerald Centner

    Red Hawk Realty

    (480) 560-4229

    1 in this area

    47 Total Sales

    Gerald Centner
    Section Image
  • Kirsten Schafer

    Seller's Agent in 2013

    Kirsten Schafer

    Property Plus USA Realty

    (480) 440-3446

    68 Total Sales

    Kirsten Schafer
    Section Image

  • B

    Buyer's Agent in 2013

    Brian Bair

    OfferPad Brokerage, LLC

  • K

    Seller Co-Listing Agent in 2012

    Kim-Melody Romo

    Property Plus USA Realty

    7 Total Sales

    Kim-Melody Romo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5071377

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-01-832

Arizona Maricopa County Gilbert 85297 Power Ranch

4277 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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