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$479,000
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Property Description
Solar Home, Very Low Utilities & Furnished! Recently Updated Single Story Home in Pinelake Village. New Porcelain Tile Floors, Tile Backsplash, New Kitchen Island, Quartz Countertops in Kitchen & Bathrooms, All New Plumbing Fixtures, Toilets W/ Bidets, New Faucets & Trim, New Sinks, New Interior Paint Including Cabinet Painting, Converted Den To 3Rd Bedroom With Closet & Double Doors, Raised The Height Of Bathroom Counters, Including Adding Double Sinks in Master Bathroom, New Window Blinds, Fans, Light Fixtures, Several Pieces Of New Furniture & New Decor, 3 Bedrooms, King & Queen, 2 Bathrooms, Inside Laundry, 2 Car Garage W/ Extra Long Extended Driveway For 3 Cars, Premium Corner Lot Backing Greenbelt & Lake. Artificial Turf in Backyard. Please Read Private Remarks! Owner/Agent
Full Property Details
Full Property Details for 492 E Rainbow Dr
General
- Price: $479,000
- HOA FEE: $138/month
- Taxes: $1,615 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6942433
- Updated: 11/15/2025
- Added to Site: 71 day(s) ago
Interior
- Interior Features: Double Vanity, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm, Bidet
- Appliances: Electric Cooktop
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener
Location
- County: Maricopa
- Township: 2S
- Subdivision: PINELAKE VILLAGE
- Cross Streets: Arizona Ave. & Ocotillo Rd.
Community
- Association: Yes
- Assoc. Name: PINELAKE VILLAGE HOA
- Assoc. Fees Include: Front Yard Maint
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Other,
- Builder: Magee Homes
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Windows: Solar Screens, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,266
- Lot Size Source: Assessor
- Lot Features: Borders Common Area, Corner Lot, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Green Features
- Energy Efficient: Solar Panels, Water Heater
Financial Considerations
- Land Lease Fee Freq: Annually
- Association Fee: $138
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,615
- Tax Year: 2024
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 26 PINELAKE VILLAGE MCR 066542
- Property ID: 303-46-763
- Range: 5E
- Section: 22
- Lot Number: 26
Listed by Gary Call Real Estate
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Schools
Schools serving 492 E Rainbow Dr
School District:Chandler Unified District
| Name | Grades | Distance |
|---|---|---|
Ira A. Fulton Elementary School 4750 South Sunland Drive, Chandler, AZ 85248 | K-6 | 0.8 mi |
Santan Junior High School 1550 East Chandler Heights Road, Chandler, AZ 85249 | 7-8 | 1.1 mi |
Hamilton High School 3700 South Arizona Avenue, Chandler, AZ 85248 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 492 E Rainbow Dr
Date
Details
Price
Change
Source
11/05/2025
Listed
$479,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 492 E Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,641
2%
$35,330
5%
2024
$1,615
22%
$33,610
-8%
2023
$1,321
4%
$36,550
21%
2022
$1,274
—
$30,180
25%
2022
$1,274
-5%
$24,160
6%
2021
$1,336
—
$22,730
7%
2020
$1,330
4%
$21,150
11%
2019
$1,279
3%
$19,100
12%
2018
$1,238
7%
$17,020
3%
2017
$1,154
4%
$16,550
10%
2016
$1,112
3%
$15,000
17%
2015
$1,077
-2%
$12,830
20%
2014
$1,102
20%
$10,710
15%
2013
$920
—
$9,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 492 E Rainbow Dr
492 E Rainbow Drive, Chandler, AZ 85249 (MLS# 6942433) is a Single Family property with 3 bedrooms and 2 full bathrooms. 492 E Rainbow Drive is currently listed for $479,000 and was received on November 05, 2025. Want to learn more about 492 E Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Chandler? You can browse all Chandler real estate or contact a Coldwell Banker agent to request more information.

