NOT LISTED FOR SALE

Estimated Value: $366,000 - $436,000

3 Beds
2 Baths
1,269 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2023

Last sale price $425,000 $335 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,447 / mo

19 Days on Market

Highlights

  • Spanish Architecture
  • Covered Patio or Porch
  • Community Playground
  • Fulton Elementary School Rated A
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of August 2023

Welcome to 520 E Rainbow Dr in Chandler! This charming home offers a comfortable and modern living space with its 3 bedrooms, 2 bathrooms, and a 2-car garage. With a total of 1,269 square feet, there is plenty of room to make this house your home.
As you approach the property, you'll be greeted by its inviting curb appeal, highlighted by an extended driveway and a swaying shade tree. Step inside, and you'll immediately notice the brand new carpet, modern tile, and fresh paint throughout the home, giving it a clean and updated feel. The interior features tile flooring in all the high-traffic areas, ensuring durability and easy maintenance. The neutral palette creates a versatile backdrop for any decor style, allowing you to personalize the space to your liking. The great room is perfect for entertaining guests or spending quality time with family. The lovely kitchen boasts ample cabinet space, stainless steel appliances, recessed lighting, and an island with a two-tier breakfast bar. Whether you're preparing meals or hosting gatherings, this kitchen provides both functionality and style.
The main bedroom offers a soothing palette, a walk-in closet, and a private bathroom, providing a serene retreat for relaxation. Additionally, there are two more bedrooms, one of which can be used as a home office, providing flexibility to suit your needs.
When you want to enjoy the outdoors, step out to the covered patio and unwind in the backyard. It's an ideal space for outdoor activities and fun gatherings with family and friends.
Located just minutes away from shopping spots, golf courses, and freeways, this home offers convenient access to all the amenities you need. Whether you're running errands, hitting the links, or commuting to work, you'll find everything within easy reach.
In summary, 520 E Rainbow Dr presents a beautiful and inviting home with its brand new carpet, modern tile, and paint. With its functional layout, stylish kitchen, and relaxing outdoor space, this property is a wonderful place to call home.

Last Agent to Sell the Property

Frank Gerola

Venture REI, LLC License #SA645607000 Listed on: 07/07/2023

Venture REI, LLC

Co-Listed By

Kevin McKiernan

Venture REI, LLC License #SA632762000

Last Buyer's Agent

Martez Logan

My Home Group Real Estate License #BR694750000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 2004

Lot Details

  • 4,195 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,269 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Ira A. Fulton Elementary School
  • Santan Junior High School
  • Hamilton High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 303-46-766

Community Details

Overview

  • Association fees include ground maintenance
  • Capital Property Ven Association, Phone Number (480) 538-2565
  • Built by Magee
  • Pinelake Village Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 2004

Lot Details

4,195 Sq Ft Lot

HOA Fees

$134 per month

Parking

2

Listing Details

  • Cross Street: CHANDLER HEIGHTS AND ARIZONA AVE.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 133.9
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: vrei03
  • Co List Office Phone: 480-636-4893
  • Subdivision Name: PINELAKE VILLAGE
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 334.91
  • Association Fees:HOA Fee2: 133.9
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1269.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 133.9
  • Association Fee Frequency: Monthly
  • Association Name: Pinelake Village HOA
  • Phone: 480-538-2565
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pinelake Village HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 267.8
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 267.8
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise Doc fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Capital Property Ven
  • Association Fees:HOA Management Phone: (480) 538-2565

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Ira A. Fulton Elementary
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Santan Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4195.0
  • Parcel #: 303-46-766

Building Info

  • Builder Name: Magee

Tax Info

  • Tax Annual Amount: 1524.0
  • Tax Book Number: 303.00
  • Tax Lot: 29
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Chen Michael H
Bought by
Hu Wen Huei Chen
Current Estimated Value
$412,129

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 16, 2023
Sold by
Dong Family Trust
Bought by
Chen Michael H
Seller's Agent
Frank Gerola
Venture REI, LLC
Buyer's Agent
Martez Logan
My Home Group Real Estate
List Price
$439,900
Sold Price
$425,000
Premium/Discount to List
-$14,900
-3.39%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Dong Larry and Dong Cynthia L
Bought by
Dong Larry and Dong Cynthia L

Purchase Details

Closed on
Jun 25, 2004
Sold by
Cgs 104 Llc
Bought by
Dong Larry and Dong Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,900
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records
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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
Hu Wen Huei Chen -- None Listed On Document
Chen Michael H $425,000 Wfg National Title Insurance C
Dong Larry -- None Available
Dong Larry $161,166 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dong Larry $128,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $425,000 -3.4% $335 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $439,900 0.0% $347 / Sq Ft
07/20/2012 07/20/12 Rented $1,095 0.0% --
07/20/2012 07/20/12 Under Contract -- -- --
07/07/2012 07/07/12 For Rent $1,095 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,359 $17,440 -- --
2024 $1,574 $16,610 -- --
2023 $1,574 $29,910 $5,980 $23,930
2022 $1,524 $23,720 $4,740 $18,980
2021 $1,567 $22,470 $4,490 $17,980
2020 $1,558 $20,820 $4,160 $16,660
2019 $1,503 $18,770 $3,750 $15,020
2018 $1,461 $16,710 $3,340 $13,370
2017 $1,372 $16,460 $3,290 $13,170
2016 $1,325 $14,630 $2,920 $11,710
2015 $1,271 $12,760 $2,550 $10,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6577729

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-46-766

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