NOT LISTED FOR SALE

583 E Rainbow Dr Chandler, AZ 85249

Ocotillo Neighborhood

Estimated Value: $451,938

3 Beds
2 Baths
1,350 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $410,000 $304 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,800/month

5 Days on Market

Highlights

  • Community Lake
  • Dual Vanity Sinks in Primary Bathroom
  • Patio
  • Fulton Elementary School Rated A
  • Breakfast Bar
  • Community Playground

About This Home

As of September 2021

Charming 3 bed/2 bath home in highly desirable Pinelake Village. Step into your beautifully updated kitchen with new countertops, tile backsplash and lighting. Open concept with large living/dining room which carries into the low maintenance back yard with new turf and pavers. Great for entertaining! Close proximity to dining, shopping, Intel, parks and freeways. This home won't last!

Last Agent to Sell the Property

Jacqueline Meister

Realty ONE Group License #SA660507000 Listed on: 08/18/2021

Last Buyer's Agent

Cheryl Kypreos

HomeSmart License #BR568929000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 2005

Lot Details

  • 4,265 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front Yard Sprinklers

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

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 36
  • Assessor Parcel Number 303-46-773

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Kachina Management 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

$1,382

Year Built

Built in 2005

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Cross Street: Arizona Ave and Chandler Heights Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 130.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2020
  • Directions: Go East on Chandler Heights Rd to Pinelake Way. Make a Right on Bartlett Way. May a Left on Nevada St. Nevada turns into Rainbow Way. Property is on the South side of the road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: PINELAKE VILLAGE
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 130.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1350.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back, Irrigation Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association Name: Pinelakes Village
  • Phone: 623-572-7579
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pinelakes Village
  • Association Fees:HOA Telephone4: 623-572-7579
  • 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 Management
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

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: 4265.0
  • Parcel #: 303-46-773
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: McGee

Tax Info

  • Tax Annual Amount: 1382.32
  • Tax Book Number: 303.00
  • Tax Lot: 36
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 7, 2021
Sold by
Cruz Christopher G and Cruz Brittany D
Bought by
Olympus Borrower Llc
Seller's Agent
Jacqueline Meister
Realty ONE Group
Buyer's Agent
Cheryl Kypreos
HomeSmart
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Total Days on Market
5
Current Estimated Value
$451,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,938
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Jun 1, 2021
Sold by
Cruz Christopher G and Cruz Brittany D
Bought by
Cruz Christopher G and Cruz Brittany D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,215
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 6, 2019
Sold by
Cruz Richard A and Staten Cruz Tiffany D
Bought by
Cruz Christopher G and Gargiulo Brittany D
Seller's Agent
Hank Gries
RETSY
Buyer's Agent
Jacqueline Meister
Realty ONE Group
List Price
$279,900
Sold Price
$278,000
Premium/Discount to List
-$1,900
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$10,919
Interest Rate
3.7%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Oct 30, 2018
Sold by
Cruz Tiffany D Staten and Curz Richard A
Bought by
Staten Cruz Richard A and Staten Cruz Tiffany D

Purchase Details

Closed on
Dec 6, 2016
Sold by
Staten Cruz Tiffany D and Staten Tiffany D
Bought by
Cruz Tiffany D Staten and Cruz Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,975
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2004
Sold by
Cgs 104 Llc
Bought by
Staten Tiffany D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,010
Interest Rate
5.37%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Olympus Borrower Llc $410,000 Magnus Title Agency
Cruz Christopher G -- Elevated Title
Cruz Christopher G $278,000 Chicago Title Agency Inc
Staten Cruz Richard A -- None Available
Cruz Tiffany D Staten -- Old Republic Title Agency
Staten Tiffany D $187,513 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olympus Borrower 1 Llc $467,170,000
Previous Owner Cruz Christopher G $278,215
Previous Owner Curz Christopher G $10,919
Previous Owner Cruz Christopher G $272,964
Previous Owner Cruz Tiffany D Staten $204,975
Previous Owner Staten Tiffany D $150,010
Closed Staten Tiffany D $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $410,000 +2.8% $304 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $399,000 +43.5% $296 / Sq Ft
08/08/2019 08/08/19 Sold $278,000 -0.7% $206 / Sq Ft
06/18/2019 06/18/19 For Sale $279,900 -- $207 / 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 $1,679 $18,249 -- --
2024 $1,647 $17,380 -- --
2023 $1,647 $30,870 $6,170 $24,700
2022 $1,595 $24,480 $4,890 $19,590
2021 $1,389 $23,230 $4,640 $18,590
2020 $1,382 $21,580 $4,310 $17,270
2019 $1,329 $19,420 $3,880 $15,540
2018 $1,287 $17,350 $3,470 $13,880
2017 $1,200 $17,160 $3,430 $13,730
2016 $1,156 $15,300 $3,060 $12,240
2015 $1,120 $13,350 $2,670 $10,680
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jacqueline Meister

    Realty One Group

    (602) 628-2468

    Section Image

  • C

    Buyer's Agent in 2021

    Cheryl Kypreos

    HomeSmart

    (317) 749-4666

    1 in this area

    5,436 Total Sales

    Cheryl Kypreos
    Section Image
  • Hank Gries

    Seller's Agent in 2019

    Hank Gries

    RETSY

    (602) 451-6033

    26 Total Sales

    Hank Gries
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6281232

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-46-773

Arizona Maricopa County Chandler 85249 Ocotillo

583 E Rainbow Dr, Chandler, AZ

This home is located at 583 E Rainbow Dr, Chandler, AZ 85249 since 18 August 2021 and is currently priced at $451,938, approximately $334 per square foot. This property was built in 2005. 583 E Rainbow Dr is a home located in Maricopa County with nearby schools including Fulton Elementary School, Santan Junior High School, and Hamilton High School.

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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