4238 E RAINBOW Drive, Gilbert, AZ 85297 (MLS# 5115353)

4238 E RAINBOW Drive, Gilbert, AZ 85297

$255,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,520 Lot Size (sq. ft.): 7,769 Status: Closed

Current Price: $255,000 Last Modified: 12/25/2025

Description

Wonderful spacious home on a corner lot, less than a block from a community park, close to elementary school, community pool/center. Formal living room has 20' ceilings, lovely arches on windows and doorways and dramatic staircase. Kitchen has expanded countertops, an island, a large pantry and combines with the dining area for a true open concept. Master suite has walk-in closet, double sinks, separate shower and tub and a private balcony with a view of the park. Downstairs study/office can also be used as a Mother-in-law suite w closet outside door as well as a bathroom. Surround sound in living room and master bedroom. Backyard is a large professionally landscaped oasis. Tandem garage has it's own wall mount air conditioner. This home shows pride of ownership. Home Warranty included!

More Information MLS# 5115353

Contract Information

Type: Exclusive Agency Ownership: Fee Simple Sold Price: $255,000 Status: Closed Current Price: $255,000 List Date: 2014-05-14

Location, Tax & Legal

Assessor's Map #: 1 Legal Description (Abbrev): POWER RANCH NEIGHBORHOOD 4 Assessor's Parcel #: 865 Tax Municipality: Maricopa - COUNTY Taxes: 1648 Map Code/Grid: U41 House Number: 4238 Compass: E Street Name: RAINBOW St Suffix: Drive City/Town Code: Gilbert State/Province: AZ Zip Code: 85297 Zip4: 9694 County Code: Maricopa Assessor Number: 313-01-865 Subdivision: Power Ranch Neighborhood 4 Tax Year: 2013

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Approx SQFT: 2520 Price/SqFt: 101.19 Approx Lot SqFt: 7769 Horses: N Builder Name: Schuler Elementary School: Power Ranch Elementary Jr. High School: Power Ranch Elementary High School: Williams Field High School Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 4 Total Bathrooms: 3 Year Built: 2003

Legal Info

Range: 6E Section: 12 Township: 2S Lot Number: 302

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Transfer Fee: 382 HOA Fee: 236.25 HOA Paid Frequency: Quarterly HOA Name: Power Ranch HOA Telephone: 480-988-0960 HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: % Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: % Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 78.75

Architecture

Contemporary: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1

Add'l Property Use

None: 1

Flooring

Carpet: 1 Laminate: 1 Tile: 1

Community Features

Biking/Walking Path: 1 Children's Playgrnd: 1

Dining Area

Eat-in Kitchen: 1

Heating

Natural Gas: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Built-in Microwave: 1 Pantry: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Window/Wall Unit: 1

Interior Features

Vaulted Ceiling(s): 1

Laundry

Washer Hookup: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Balcony: 1 Covered Patio(s): 1 Patio: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Garage Spaces: 2

Parking Features

Garage Door Opener: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Corner Lot: 1

Landscaping

Desert Front: 1 Desert Back: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Prof Managed: 1

Sold Info

Loan Type: Conventional Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Adjustable Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: E. Germann Rd and S. Power Rd Directions: Go south on S. Autumn Dr. Turn left on E. Rainbow Dr. Property will be on the corner with S. Winter Lane. Geo Lat: 33.275118 Geo Lon: -111.698105

Status Change Info

Off Market Date: 2014-07-14 Under Contract Date: 2014-06-12 Close of Escrow Date: 2014-11-04 Sold Price: $255,000

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Carpet; Laminate; Tile Spa: None Community Features: Biking/Walking Path; Children's Playgrnd Dining Area: Eat-in Kitchen Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Pantry; Kitchen Island Laundry: Washer Hookup Interior Features: Vaulted Ceiling(s) Technology: Cable TV Avail; High Speed Internet Exterior Features: Balcony; Covered Patio(s); Patio Parking Features: Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Window/Wall Unit Heating: Natural Gas Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: Corner Lot Landscaping: Desert Front; Desert Back Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Keller Williams Realty Biltmore Partners

Last Updated: December - 25 - 2025