4208 E Rainbow Dr
Gilbert, AZ 85297
Power Ranch- 4 Beds
- 2 Baths
- 2,052 sqft
4 Beds
2 Baths
2,052 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2002
Living Area
2,052 sqft
Price/Sqft
$268
Parking
Garage
About this House
This single-family home is located at 4208 E Rainbow Dr, Gilbert, AZ. 4208 E Rainbow Dr is in the Power Ranch neighborhood in Gilbert, AZ and in ZIP code 85297. This property has 4 bedrooms, 2 bathrooms and approximately 2,052 sqft of floor space. This property has a lot size of 7194 sqft and was built in 2002.
4208 E Rainbow Dr, Gilbert, AZ 85297 is a 4 bedroom, 2 bathroom, 2,052 sqft single-family home in Power Ranch, built in 2002. It last sold for $595,000 on Mar 1, 2022. It is currently off market. The Trulia Estimate is $550,100, with a rent estimate of $2,557/month.
Home Details for 4208 E Rainbow Dr
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: RefrigeratorHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Interior Details Number of Rooms: 8 |
Appliances & Utilities DishwasherMicrowave |
Fireplace & Spa Hot Tub or Spa |
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Exterior Home Features Roof: Other, TileExterior: WoodPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 2002 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 7196 sqft |
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Fitness & Sports Tennis Court |
Price History for 4208 E Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/01/2022 | $595,000 | Sold | ARMLS #6332301 |
| 01/18/2022 | $600,000 | Contingent | ARMLS #6332301 |
| 01/18/2022 | $600,000 | PriceChange | ARMLS #6332301 |
| 01/13/2022 | $574,900 | Listed For Sale | ARMLS #6332301 |
| 12/20/2019 | $280,000 | Sold | N/A |
| 05/10/2019 | $319,900 | Sold | ARMLS #5910647 |
| 04/20/2019 | $319,900 | Pending | Agent Provided |
| 04/12/2019 | $319,900 | Listed For Sale | Agent Provided |
| 07/31/2017 | $270,000 | Sold | N/A |
| 05/24/2017 | $270,000 | Pending | Agent Provided |
| 05/12/2017 | $270,000 | Listed For Sale | Agent Provided |
| 01/18/2011 | $149,000 | Sold | N/A |
| 10/24/2010 | $139,000 | Listed For Sale | Agent Provided |
| 01/16/2003 | $163,602 | Sold | N/A |
Market trends in Gilbert
Last updated June 2026
Avg. sale price
$569K
$3.33KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$279
$1MoM
Available listings
1121
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,757 |
| Assessment | $438,200 |
Home facts updated by county records
Comparable Sales for 4208 E Rainbow Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Single-Family Home | $480,000 | 12/05/25 | 4 | 2 | 2,052 | |
0.03 | Single-Family Home | $599,000 | 07/29/26 | 5 | 3 | 2,520 | |
0.18 | Single-Family Home | $480,000 | 11/18/25 | 4 | 2 | 1,678 | |
0.24 | Single-Family Home | $611,000 | 08/29/25 | 4 | 2 | 2,379 | |
0.27 | Single-Family Home | $525,000 | 05/22/26 | 4 | 2 | 1,754 | |
0.24 | Single-Family Home | $475,000 | 08/14/25 | 4 | 2 | 1,678 | |
0.15 | Single-Family Home | $615,000 | 11/24/25 | 4 | 2.5 | 2,640 | |
0.18 | Single-Family Home | $565,000 | 03/23/26 | 4 | 2 | 1,678 | |
0.32 | Single-Family Home | $430,000 | 12/18/25 | 4 | 2 | 1,698 | |
0.43 | Single-Family Home | $545,000 | 07/09/26 | 4 | 2 | 2,209 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4208 E Rainbow Dr.
What Locals Say about Power Ranch
At least 107 Trulia users voted on each feature.
99 % Say there are sidewalks
93 % Say it's dog friendly
93 % Say car is needed
90 % Say kids play outside
90 % Say there's holiday spirit
86 % Say people would walk alone at night
85 % Say streets are well-lit
82 % Say parking is easy
79 % Say yards are well-kept
77 % Say it's quiet
68 % Say they plan to stay for at least 5 years
62 % Say neighbors are friendly
52 % Say there's wildlife
52 % Say there are community events
44 % Say it's walkable to grocery stores
35 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 4208 E Rainbow Dr
Off Market Homes Near 4208 E Rainbow Dr
Frequently asked questions about 4208 E Rainbow Dr
- What is 4208 E Rainbow Dr estimated to be worth?Trulia's estimated value for 4208 E Rainbow Dr in Gilbert, AZ is $550,100.
- What is the price history for 4208 E Rainbow Dr?4208 E Rainbow Dr in Gilbert, AZ last sold for $595,000 in March 2022.
- Is Gilbert a buyer's or seller's market?Gilbert is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Gilbert?The median sale price in Gilbert is $569K. That is down $3.33K from the prior month.
- Does 4208 E Rainbow Dr have air conditioning?Yes, 4208 E Rainbow Dr in Gilbert, AZ has air conditioning.
- How big is the lot at 4208 E Rainbow Dr?The lot at 4208 E Rainbow Dr in Gilbert, AZ is about 0.17 acres (7,194 sq ft).

