$632,700
- 4 Beds
- 3 Baths
- 2,275 sqft
3861 E RAINBOW Drive, Chandler, AZ 85249
Est. Refi. Payment $3,540/mo*
Refinance Your HomeCurrently Off Market - Sold May 23, 2024 for $654,990
Home Value
Trulia Estimate
$633KSince last month
Decreased$2K (-0.3%)Since last year
Decreased$26K (-3.9%)Since last sale
Decreased$22K (-3.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $633K |
| July 2026 | $634K |
| June 2026 | $640K |
| May 2026 | $639K |
| April 2026 | $637K |
| March 2026 | $650K |
| February 2026 | $650K |
| January 2026 | $630K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | $599,950 | 09/19/25 | 4 | 2.5 | 2,277 | |
0.10 | Single-Family Home | $775,000 | 05/07/26 | 4 | 2.5 | 2,347 | |
0.16 | Single-Family Home | $855,000 | 03/09/26 | 4 | 3 | 2,408 | |
0.14 | Single-Family Home | $799,000 | 08/20/26 | 3 | 2.5 | 2,347 | |
0.08 | Single-Family Home | $849,000 | 10/14/25 | 3 | 2.5 | 2,347 | |
0.17 | Single-Family Home | $955,000 | 07/16/26 | 4 | 3 | 3,216 | |
0.18 | Single-Family Home | $890,000 | 10/27/25 | 4 | 3.5 | 2,897 | |
0.38 | Single-Family Home | $690,000 | 10/16/25 | 3 | 2.5 | 2,347 | |
0.13 | Single-Family Home | $970,000 | 05/14/26 | 4 | 3.5 | 3,125 | |
0.33 | Single-Family Home | $779,900 | 07/31/26 | 4 | 2.5 | 2,402 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $666,400 | 4 | 3 | 2,275 | Off Market | |
0.02 | $662,500 | 4 | 3 | 2,260 | Off Market | |
0.02 | $603,300 | 4 | 2.5 | 2,277 | Off Market | |
0.03 | $651,000 | 4 | 3 | 2,260 | Off Market | |
0.04 | $653,900 | 4 | 3 | 2,275 | Off Market | |
0.06 | $1,018,100 | 4 | 2.5 | 3,868 | Off Market | |
0.07 | $663,500 | 4 | 3 | 2,275 | Off Market | |
0.06 | $654,000 | 4 | 3 | 2,260 | Off Market | |
0.04 | $621,100 | 4 | 3 | 2,260 | Off Market | |
0.04 | $645,400 | 4 | 3 | 2,275 | Off Market | |
0.04 | $621,900 | 4 | 3 | 2,260 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2024
Living Area
2,275 sqft
Price/Sqft
$278
Parking
Garage
HOA
$232/Monthly
About this House
Amazing opportunity to own new in the popular south Chandler community of Old Stone Ranch! Close to everything this community will feature a pool to cool off in and it's own dog park. HOA takes care of the front yard. Perfect lock and leave with low maintenance. This home features our platinum package with Sonoma Maple Linen cabinets, Granite countertops and 8x36 plank tile flooring.
3861 E RAINBOW Drive, Chandler, AZ 85249 is a 4 bedroom, 3 bathroom, 2,275 sqft single-family home built in 2024. It last sold for the $654,990 asking price on May 23, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $632,700, with a rent estimate of $2,933/month.
Last check for updates: about 2 hours ago
Listed by Joanne L Hall, (623) 399-0644
Lennar Sales Corp
Bought with: Isaiah Hamlin, (480) 707-9557, HomeSmart
Source: ARMLS, MLS#6675679

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 3861 E RAINBOW Drive
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 2275 Square Feet |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central Air,Programmable ThmstatHas HeatingHeating Fuel: Electric |
Fireplace & Spa Spa: None |
Windows, Doors, Floors & Walls Window: Low Emissivity Windows, Double Pane WindowsFlooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Tile |
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Exterior Home Features Roof: TilePatio / Porch: PatioFencing: PartialExterior: OtherNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 4Parking: Garage, Open |
Pool Pool: None |
Frontage Responsible for Road Maintenance: City Maintained RoadNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 18 |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco, Wood FrameIs a New ConstructionNot Attached Property |
Property Information Condition: Under ConstructionParcel Number: 31304948Model Home Type: Peak |
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Price List Price: $654,990 |
Status Change & Dates Off Market Date: Fri Mar 29 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: ChandlerCommunity: OLD STONE RANCH PHASE 4 |
School Information Elementary School: Audrey & Robert Ryan ElementaryElementary School District: Chandler Unified DistrictJr High / Middle School: Willie & Coy Payne Jr. HighHigh School District: Chandler Unified District |
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Building Details Builder Name: Lennar |
Building Area Building Area: 2275 Square Feet |
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HOA Fee Includes: Maintenance Grounds, Front Yard MaintHOA Name: Associated Asset MgtHOA Phone: 623-487-6822Has an HOAHOA Fee: $232/Monthly |
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Lot Area: 4446 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6675679 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 23, 2024 Source: ARMLS #6675679 | Sold | $654,990 |
Mar 29, 2024 Source: ARMLS #6675679 | Pending | $654,990 |
Mar 26, 2024 Source: Lennar Homes | PriceChange | $654,990 Price increased by 0% |
Mar 11, 2024 Source: ARMLS #6675679 | PriceChange | $652,990 Price increased by 0% |
Mar 7, 2024 Source: Lennar Homes | Listed For Sale | $651,990 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,006 | $489,100 |
Home facts updated by county records
Market trends in Chandler
Last updated July 2026
Avg. sale price
$500K
$5.42KMoM
Sale-to-List Price
98.8%
0.1%MoM
Price per sq ft
$278
$2MoM
Available listings
1011
68MoM
Around this home
What Locals Say about Chandler
At least 1886 Trulia users voted on each feature.
90 % Say it's dog friendly
90 % Say there are sidewalks
87 % Say car is needed
83 % Say parking is easy
79 % Say streets are well-lit
76 % Say there's holiday spirit
75 % Say people would walk alone at night
73 % Say yards are well-kept
71 % Say it's quiet
64 % Say kids play outside
57 % Say it's walkable to grocery stores
56 % Say it's walkable to restaurants
52 % Say they plan to stay for at least 5 years
49 % Say neighbors are friendly
29 % Say there are community events
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 3861 E RAINBOW Drive
- What is 3861 E RAINBOW Drive estimated to be worth?Trulia's estimated value for 3861 E RAINBOW Drive in Chandler, AZ is $632,700.
- What is the price history for 3861 E RAINBOW Drive?3861 E RAINBOW Drive in Chandler, AZ last sold for $654,990 in May 2024.
- Is Chandler a buyer's or seller's market?Chandler is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Chandler?The median sale price in Chandler is $500K. That is up $5.42K from the prior month.
- Does 3861 E RAINBOW Drive have air conditioning?Yes, 3861 E RAINBOW Drive in Chandler, AZ has air conditioning.
- Does 3861 E RAINBOW Drive have a yard?Yes, 3861 E RAINBOW Drive in Chandler, AZ has a yard.

