NOT LISTED FOR SALE

4288 E Rainbow Dr Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $591,000 - $631,000

5 Beds
2 Baths
2,349 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $300,000 $128 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,351/month

51 Days on Market

Highlights

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

About This Home

As of June 2016

WONDERFUL SINGLE LEVEL IN THE FANTASTIC POWER RANCH SUBDIVISION * LOTS OF UPGRADES * HIGH FLAT CEILINGS * LOTS OF DIAGONAL SET TILE IN ALL THE TRAFFIC AREAS * SELLER JUST REPLACED ALL CARPETS * PLANTATION SHUTTERS THROUGH OUT * 8FT HIGH DOORS * FANTASTIC GREAT ROOM FLOORPLAN THAT IS ALL OPEN TO THE LARGE KITCHEN * UPGRADED 42'' CABINETS * BLACK ON BLACK APPLIANCES * BIG KITCHEN ISLAND * EATING NOOK * PANTRY * SPLIT MASTER BEDROOM WITH LUXURIOUS MASTER BATH * BIG WALK IN CLOSET * HIS AND HER SINKS * SEPERATE SHOWER AND TUB * 4 OTHER BEDROOMS AND ALL ARE VERY GOOD SIZED * DOUBLE SINKS IN THE GUEST BATH * BACKYARD BOASTS LOTS OF FLAGSTONE * SPARKLING POOL * WATER FEATURE * BUILT IN BBQ WITH SEATING AROUND IT * HOUSE LOOKS GREAT AND THE COMMUNITY IS FANTASTIC, LAKE, POOL, REC CENTER PLAYGROUNDS IN EVERY SUBDIVISION * WALKING PATHS * GREENBELTS * YOU WILL TRULY LOVE THIS HOME AND AREA.

Last Agent to Sell the Property

randy fitch

Locality Real Estate License #SA509172000 Listed on: 03/19/2016

Locality Real Estate

Last Buyer's Agent

Henry Wang

eXp Realty License #SA552646000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,149

Year Built

  • Built in 2003

Lot Details

  • 7,475 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,349 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Private Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch

Schools

  • Centennial Elementary School
  • Higley High Middle School
  • Higley High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 313-01-841

Community Details

Overview

  • Property has a Home Owners Association
  • Ccmc Association, Phone Number (480) 988-0960
  • Power Ranch Neighborhood 4 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,149

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Cross Street: POWER RD & GERMANN
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Semi-Annually
  • Total Monthly Fee Equivalent: 78.75
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 4
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 127.71
  • Association Fees:HOA Fee2: 236.25
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2349.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • 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:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Pool, Playground, Biking/Walking Path, Clubhouse
  • 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: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:HOA Management Company: CCMC
  • Association Fees:HOA Management Phone: 480 988 0960
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Centennial Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Higley High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7475.0
  • Parcel #: 313-01-841
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 2149.0
  • Tax Book Number: 313.00
  • Tax Lot: 278
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jun 7, 2016
Sold by
Soqui Matthew S and Soqui Jessica R
Bought by
Cuevas Danny and Cuevas Lynda
Seller's Agent
randy fitch
Locality Real Estate
Buyer's Agent
Henry Wang
eXp Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$607,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,917
Avg. Annual Appreciation
7.70%
Original Mortgage
$285,000
Outstanding Balance
$227,124
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$380,793

Purchase Details

Closed on
Dec 30, 2003
Sold by
First American Title Insurance Co
Bought by
Soqui Matthew S and Soqui Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,363
Interest Rate
5.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cuevas Danny $300,000 Old Republic Title Agency
Soqui Matthew S $202,902 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevas Danny $285,000
Previous Owner Soqui Matthew S $219,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $300,000 0.0% $128 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $300,000 -- $128 / 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 $1,996 $28,541 -- --
2024 $2,266 $27,182 -- --
2023 $2,266 $44,710 $8,940 $35,770
2022 $2,165 $34,630 $6,920 $27,710
2021 $2,231 $31,630 $6,320 $25,310
2020 $2,274 $29,800 $5,960 $23,840
2019 $2,202 $26,530 $5,300 $21,230
2018 $2,124 $25,100 $5,020 $20,080
2017 $2,047 $24,010 $4,800 $19,210
2016 $2,445 $23,100 $4,620 $18,480
2015 $2,148 $22,180 $4,430 $17,750
Source: Public Records

Agents Affiliated with this Home

  • randy fitch

    Seller's Agent in 2016

    randy fitch

    Locality Real Estate

    (602) 570-6732

    28 Total Sales

    randy fitch
    Section Image
  • Henry Wang

    Buyer's Agent in 2016

    Henry Wang

    eXp Realty

    (480) 221-3112

    1 in this area

    251 Total Sales

    Henry Wang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5415741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-01-841

Arizona Maricopa County Gilbert 85297 Power Ranch

4288 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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