$485,000

560 E Rainbow Dr Chandler, AZ 85249

$5,759
Closing credit¹
3 beds
3 baths
1,621 sqft
0.10 acres
$299 / sqft
House

Property details

About 560 E Rainbow Dr

This beautiful 3-bedroom, 2.5-bathroom home is located in the desirable Pinelake Village community. Offering 1,621 sq. ft. of living space, this home sits on a private corner lot and features a 2-car garage. Step inside to a formal living room that seamlessly flows into the open great room and kitchen, creating an ideal space for entertaining. Upstairs, the primary suite boasts a private bathroom and a walk-in closet, while the additional bedrooms are generously sized. The community features lush greenbelts, scenic walking paths, and a picturesque lake, perfect for outdoor enthusiasts. Residents also enjoy a Tot Lot, access to the Chandler Paseo Trail with miles of paved bike trails, and proximity to top-rated schools, shopping, and dining. Welcome home!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,621 sqft
Lot size0.1 Acres
Year built2004
ParkingGarage Door Opener
MLS #6831293
Garage2 spaces

Summary

  • MLS Number: 6831293
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Good Company Real Estate
  • Office Phone: (602) 753-7320
  • Office Email: keli@goodcompanyre.com
  • Listing Agent: Nicasio F. Bacani, III

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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property view of water

$485,000

560 E Rainbow Dr

$5,759

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 21, 2020
Home Sold
$294,000
Mar 17, 2017
Home Sold
$259,900
Nov 24, 2015
Home Sold
$218,000
Jun 15, 2006
Home Sold
$273,000
May 11, 2005
Home Sold
$250,000
Feb 28, 2005
Home Sold
$180,350

Tax history

YearAssessmentProperty Tax
2024$38,830$1,445
2023$32,020$1,394
2022$25,260$1,461
2020$22,420$1,455
2019$20,220$1,355
2017$17,920$1,262

History based on county public records data.

Nearby schools

7

Fulton Elementary School

Public District KG-6

0.9 mi

4750 S Sunland Dr

9

Santan Elementary School

Public District PK-6

1.0 mi

1550 E Chandler Heights Rd

10

Chandler Traditional Academy - Independence

Public District KG-6

2.0 mi

1405 W Lake Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $127,616. The majority of Chandler, AZ residents have income $200k+ annually. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

4%
<35k
32%
35k-100k
30%
100k-200k
34%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

13%
Single, No Kids
9%
Single, with Kids
28%
Married, No Kids
50%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
12%
12-17 yrs old
14%
18-34 yrs old
46%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis

Where do the neighbors shop?

  • The Container StoreThe Container Store
  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • JeepJeep

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • SportsSports
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Chandler, AZ

About 560 E Rainbow Dr

This home is located at 560 E Rainbow Dr in Chandler, AZ and zip code 85249. This 1,621 square foot home, which was built in 2004, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $485,000.

In March 2025 more than 38 listings in Chandler, AZ were sold above the asking price. During the same period more than 68 listings were sold at asking price, while more than 161 were sold below. The number of listings in Chandler, AZ increased by 11.4% between February and March 2025. The median list price of listings available in March 2025 was $535,104, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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