NOT LISTED FOR SALE

575 N Rainbow Way Casa Grande, AZ 85194

Estimated Value: $331,000 - $341,000

3 Beds
2 Baths
1,467 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $214,360 $146 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,120/month

118 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Eat-In Kitchen
  • Heated Community Pool
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of October 2019

Brand NEW energy-efficient home ready August - September 2019! The highlight of this single-story is clear as you enter the foyer to a beautiful open floor plan. 36'' Maple Spice cabinets, Dallas White granite countertops, Matte Taupe 12''x12'' tile and neutral carpet in our Select package. Take advantage of the heated pool and spa, sport courts, game room, fitness center, and hobby rooms at the Mission Royale community. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving you thousands of dollars on utility bills.

Last Agent to Sell the Property

Joseph Elberts

Meritage Homes of Arizona, Inc License #BR549667000 Listed on: 04/05/2019

Last Buyer's Agent

Joel & Kandi Andresen

Keller Williams Integrity First License #SA652746000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $141

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 5,476 Sq Ft Lot
  • Desert faces the front of the property
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,467 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Covered Patio or Porch

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1029 / C
  • Assessor Parcel Number 505-90-620

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (800) 354-0257
  • Built by Meritage Homes
  • Mission Royale Subdivision, Cholla Floorplan

Amenities

  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$141

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Cross Street: Hancock Trail & Questa Trail
  • Legal Info Range: 06E
  • 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: 107.72
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2019
  • Tax Year: 2018
  • Directions: I10, take exit 194 Arizona 287/Florence Blvd, East on E Florence Blvd, Right onto N Mission Pkwy, Left onto E Hancock Trail, Right onto E. Questa Trail to Marcos.
  • Master Model: Cholla
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Mission Royale
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 323.16
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 9+ Flat Ceilings
  • Living Area: 1467.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Community Features:ClubhouseRec Room: 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
  • Other Rooms:Great Room: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Sprinklers In Front, Desert Front, Auto Timer H2O Front, Natural Desert Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: 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
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Community Spa Htd, Community Pool Htd, Tennis Court(s), Biking/Walking Path
  • Association Fee: 323.16
  • Association Fee Frequency: Quarterly
  • Association Name: Mission Royale
  • Phone: 520-421-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Mission Royale
  • Association Fees:HOA Telephone4: 520-421-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Management Phone: 800-354-0257
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Adult
  • High School: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5476.0
  • Parcel #: 505-90-620

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 141.0
  • Tax Block: C
  • Tax Book Number: 505.00
  • Tax Lot: 1029
  • Tax Map Number: 90.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Oct 22, 2019
Sold by
Meritage Homes Of Arizona Inc
Bought by
Mapes Debra L
Seller's Agent
Joseph Elberts
Meritage Homes of Arizona, Inc
Buyer's Agent
Joel & Kandi Andresen
Keller Williams Integrity First
List Price
$210,640
Sold Price
$214,360
Premium/Discount to List
$3,720
1.77%
Current Estimated Value
$339,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,880
Avg. Annual Appreciation
7.99%
Original Mortgage
$173,766
Outstanding Balance
$154,795
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$179,965
Source: Public Records

Range of Values:

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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
Mapes Debra L $214,360 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mapes Debra L $173,766
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $214,360 -2.4% $146 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $219,530 +4.2% $150 / Sq Ft
04/05/2019 04/05/19 For Sale $210,640 -- $144 / 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 $1,961 $31,151 -- --
2024 $1,816 $36,204 -- --
2023 $1,844 $27,845 $5,000 $22,845
2022 $1,816 $20,978 $5,000 $15,978
2021 $1,922 $17,686 $0 $0
2020 $152 $8,000 $0 $0
2019 $146 $8,000 $0 $0
2018 $141 $800 $0 $0
2017 $148 $800 $0 $0
2016 $145 $800 $800 $0
2014 -- $800 $800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5906913

Arizona Regional Multiple Listing Service (ARMLS)

APN: 505-90-620