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$489,000

Beds
3
Baths
2.5
sq ft
1,621

559 East Rainbow Drive, Chandler, AZ 85249

559 East Rainbow Drive

Chandler, AZ 85249

  • 25 days on market
    • Price drop $10,000↓
The split floor plan offers abundant natural light, soft carpet, tile flooring in all wet areas, and neutral paint for easy care. Discover a spacious living room for entertaining your guests, a cozy family room for intimate gatherings, and a flexible den for an office, formal dining, game area, etc. The eat-in kitchen has ample counters, a breakfast bar, plenty of cabinets, and built-in appliances for all your cooking needs. Upstairs, the main retreat awaits with a private bathroom comprised of a tub/shower combination, track lighting in the vanity, and a walk-in closet. Out the back, you have green grass and a covered patio with pavers extended for relaxing. Don't miss it!

Details

Property type

Single Family Residence

Est. home value

$457,072

Lot size

4,195 sq ft

Price per sq ft

$302

Year built

2005

Annual property taxes

$1,503

Monthly HOA fee

$133.9

Price History

03/27/2025
ArizonaRegional

ArizonaRegional #6831711

Price change
$489,000
-2%
03/13/2025
ArizonaRegional

ArizonaRegional #6831711

Listed
$499,000
+75.15%
08/09/2019
ArizonaRegional

ArizonaRegional #5940006

Sold
$284,900

Schools & Community

Elementary school: 

Ira A. Fulton Elementary

Middle school: 

Santan Junior High School

High school: 

Hamilton High School

Community features: 

Lake, Playground, Sidewalks

High school district: 

Chandler Unified District #80

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$209,152
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$240,728
Cash to seller
$209,152

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

August 2019

Original loan amount

$270,655

Est. remaining balance

$240,728

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Taylor Jones

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 3:55 PM

Listing updated: 03/27/2025 at 7:26 AM

Listed by: Dorothy Hovard, RE/MAX Alliance Group Phone #: (480) 892-5300

MLS: ArizonaRegional #6831711

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