NOT LISTED FOR SALE

527 E Rainbow Dr Chandler, AZ 85249

Ocotillo Neighborhood

Estimated Value: $416,906 - $464,000

3 Beds
2 Baths
1,269 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $225,000 $177 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,422/month

26 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Double Pane Windows
  • Fulton Elementary School Rated A
  • Covered Patio or Porch
  • Solar Screens

About This Home

As of September 2016

exceptional neat,modern and clean home in the heart of Chandler's best school district. Home has only had 1 owner and is one of the lowest priced homes in the area.hurry a must to see. Note Den could be used for a 3rd bedroom if needed.

Last Agent to Sell the Property

Thomas Welch

HomeSmart License #SA017859000 Listed on: 07/06/2016

HomeSmart

Last Buyer's Agent

Tamara Moskalik

HomeSmart License #SA530861000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 2005

Lot Details

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

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,269 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 303-46-780

Community Details

Overview

  • Property has a Home Owners Association
  • Kachina Association, Phone Number (623) 572-7579
  • Built by McGee
  • Pinelake Village Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Az. Ave./Chandler Heights
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 115.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.1
  • Subdivision Name: PINELAKE VILLAGE
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 177.3
  • Association Fees:HOA Fee2: 115.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1269.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: 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, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Pinelake village HOA
  • Phone: 623-572-7579
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 360.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pinelake village HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: kachina
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes

Schools

  • Elementary School: Ira A. Fulton Elementary
  • High School: Hamilton High School
  • Middle Or Junior School: Santan Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4195.0
  • Parcel #: 303-46-780
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: McGee

Tax Info

  • Tax Annual Amount: 1075.0
  • Tax Book Number: 303.00
  • Tax Lot: 43
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Otero Pamela J
Bought by
Otero Pamela J and The Pamela J Otero Living Trus
Current Estimated Value
$439,477

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 3, 2016
Sold by
Jones Cydnee Paige
Bought by
Otero Pamela J
Seller's Agent
Thomas Welch
HomeSmart
Buyer's Agent
Tamara Moskalik
HomeSmart
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$180,000
Outstanding Balance
$143,387
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$296,090

Purchase Details

Closed on
Mar 29, 2005
Sold by
Cgs 104 Llc
Bought by
Marshall Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.6%
Mortgage Type
New Conventional
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
Otero Pamela J -- None Available
Otero Pamela J $225,000 First American Title Ins Co
Marshall Sharon M $180,040 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otero Pamela J $180,000
Previous Owner Marshall Sharon M $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $225,000 -2.1% $177 / Sq Ft
07/06/2016 07/06/16 For Sale $229,900 -- $181 / 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 $1,299 $16,682 -- --
2024 $1,318 $16,682 -- --
2023 $1,318 $29,910 $5,980 $23,930
2022 $1,272 $23,730 $4,740 $18,990
2021 $1,333 $22,520 $4,500 $18,020
2020 $1,327 $20,870 $4,170 $16,700
2019 $1,276 $18,780 $3,750 $15,030
2018 $1,236 $16,750 $3,350 $13,400
2017 $1,152 $16,510 $3,300 $13,210
2016 $1,110 $14,700 $2,940 $11,760
2015 $1,075 $12,810 $2,560 $10,250
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Welch

    HomeSmart

    Section Image

  • T

    Buyer's Agent in 2016

    Tamara Moskalik

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5466583

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-46-780

Arizona Maricopa County Chandler 85249 Ocotillo

527 E Rainbow Dr, Chandler, AZ

Not Listed for Sale

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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