- Assessed Value: $33,131
- Assessed Year: 2025
- Assessed County: Maricopa
- APN: 313-01-835
- Market Land Value: 109100
- Tax Amount: 2453.02
- Tax Year: 2025
- Market Value: 545500
- Market Year: 2025
4242 E Rainbow Dr; Gilbert, AZ Property Details
Off market
4242 E Rainbow Dr Gilbert, AZ 85297
$600,000 Listing Price
3 Beds
3.5 Baths
2,900 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2003
- Purchase Price: $600,000
- Open Loans / Balance: 1 / $484,889
- Est. Equity / %: $162,111 / 25.06%
- Gross Yield: 6.063%
- APN: 313-01-835
- Situs County: Maricopa
- Length Of Ownership: 4 years, 9 months
Rooms
- Bedrooms: 3
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Wood
- Building Condition: Average
- Building Quality: B
- Pool Type: Yes
- Roof Cover Type: Concrete
Measurements
- Total: 2,900/SqFt
- Lot: 8,710/SqFt
- Gross: 3,165/SqFt
- Living: 2,900/SqFt
- Building: 2,900/SqFt
- Ground: 1,648/SqFt
- Price Per Square Foot: $206.90
Legal Description
- Description: POWER RANCH NEIGHBORHOOD 4 MCR 513-17
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Higley Unified District
- Lat / Lon: 33.275345 / -111.69781
- Subdivision: Power Ranch Neighborhood 4
- Property Class: Residential
- Zoning: R-8
- County Use Code: 0141
Amenities
- Pool: true
- Plus Four: 9669
- Bathroom Fixtures: 11
- Cooling: Refrigeration
- Garage: Garage
- Heating: Forced air unit
- Parking: 3
HOA
- H O A One: $236
- H O A Amount: $236
- H O A One Frequency: Quarterly
- H O A One Name: Power Ranch Community Association
- H O A One Type: Home Owner Association
Ownership Info
4242 E Rainbow Dr has no associated ownership info
4242 E Rainbow Dr has no associated ownership info.
Taxes
4242 E Rainbow Dr has 9 associated Taxes items
4242 E Rainbow Dr, Gilbert, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $33,131. The APN we've located for 4242 E Rainbow Dr is 313-01-835.
Unlock the full reportTaxes
Tax History
4242 E Rainbow Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $33,131 | Land Value | Improvement Value | Tax Amount $2,453.02 | Change Rate -0.06449% | Assessed CR | Tax Rate +0.07404% |
| Year 2024 | Assessed Value $31,553 | Land Value | Improvement Value | Tax Amount $2,622.12 | Change Rate -0.00308% | Assessed CR | Tax Rate +0.083102% |
| Year 2023 | Assessed Value $49,830 | Land Value $9,960 | Improvement Value $39,870 | Tax Amount $2,630.22 | Change Rate +0.046479% | Assessed CR | Tax Rate +0.052784% |
| Year 2022 | Assessed Value $38,480 | Land Value $7,690 | Improvement Value $30,790 | Tax Amount $2,513.4 | Change Rate -0.029418% | Assessed CR | Tax Rate +0.065317% |
| Year 2021 | Assessed Value $35,260 | Land Value $7,050 | Improvement Value $28,210 | Tax Amount $2,589.58 | Change Rate -0.019032% | Assessed CR | Tax Rate +0.073442% |
| Year 2020 | Assessed Value $33,280 | Land Value $6,650 | Improvement Value $26,630 | Tax Amount $2,639.82 | Change Rate +0.032745% | Assessed CR | Tax Rate +0.079322% |
| Year 2019 | Assessed Value $29,800 | Land Value $5,960 | Improvement Value $23,840 | Tax Amount $2,556.12 | Change Rate +0.036646% | Assessed CR | Tax Rate +0.085776% |
| Year 2018 | Assessed Value $28,350 | Land Value $5,670 | Improvement Value $22,680 | Tax Amount $2,465.76 | Change Rate +0.037699% | Assessed CR | Tax Rate +0.086976% |
| Year 2017 | Assessed Value $27,380 | Land Value $5,470 | Improvement Value $21,910 | Tax Amount $2,376.18 | Change Rate -0.017628% | Assessed CR | Tax Rate +0.086785% |
| Year 2016 | Assessed Value $26,650 | Land Value $5,330 | Improvement Value $21,320 | Tax Amount $2,418.82 | Change Rate +0.146404% | Assessed CR | Tax Rate +0.090762% |
| Year 2015 | Assessed Value $25,770 | Land Value $5,150 | Improvement Value $20,620 | Tax Amount $2,109.92 | Change Rate +0.004915% | Assessed CR | Tax Rate +0.081875% |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,099.6 | Change Rate | Assessed CR | Tax Rate |