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7240 East Rainbow Canyon Drive

7240 East Rainbow Canyon Drive, Tucson, AZ 85750
Property in Quail Canyon
Sold Nov 09, 2009
$142,000
Sold Dec 24, 1997
$131,700
$92,190 by Chase Manhattan Mtg Corp
Mortgage Due Jan 01, 2028
7240 East Rainbow Canyon Drive in Tucson, AZ was first built in 1980 and is 44 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7240 East Rainbow Canyon Drive has 1,476 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 26,502 square feet.

Learn more about the property and building on this page. There is a screened porch and a unknown. The roof of the home is made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a forced air unit. The property was last sold in Oct 28, 2009 for $142,000. That's $96.21 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 1997 for $131,700. 7240 East Rainbow Canyon Drive was last assessed in 2024. The total value of the property was assessed at $24,663. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,323. The initial tax year of delinquency was in 2020. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: D
  • Exterior Walls Type: Block
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 26,502
  • Total Building Area: 1,476
  • Gross Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,476
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUAIL CANYON
  • Land Acres: 0.608
  • Standard Land Use Code: Single family residential
  • Legal Description 1: QUAIL CANYON LOT 41 (M&P 31/61)

Ownership

  • Current Owner : RIO VERDE VENTURES INC
  • Previous Owner : SAUCEDO ALEX
  • Previous Owner 2: SAUCEDO ESPERANZA
  • Owner Before Previous Owner: BRANDON RODNEY
  • Owner Before Previous Owner 2: BRANDON CATHERINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Catalina Foothills Unified District
  • Census Tract: 004723

Zoning

  • Zoning: CR1

Geography

  • Assessors Map Reference: 17-13S-15E
  • District: CATALINA FOO
  • Parcel: 114-13-0620
  • Lot: 41
  • Meridian: SEC 17 TWN 13S RNG 15E
  • Municipality: TIERRASANTA
  • Latitude: 32.298
  • Longitude: -110.838

    Address

  • Full Address: 7240 E Rainbow Canyon Dr
  • Address - House Number: 7240
  • Street Direction: E
  • Address - Street Name: Rainbow Canyon
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tucson
  • Carrier Code: C058
  • 4-Digit Zip Code: 6010
  • Zip Code: 85750

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,323
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 1600

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 407,642
  • High Value: 480,910
  • Low Value: 334,375

    Market Valuation

  • Market Total Value: $358,425

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $24,663

    Sales

  • Current Sale Contract Date: Oct 28, 2009
  • Current Sale Recording Date: Nov 09, 2009
  • Current Sale Transaction ID: 1007163225
  • Current Sale Price: $142,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 20092160594
  • Previous Sale Recording Date: Dec 24, 1997
  • Previous Sale Contract Date: Dec 19, 1997
  • Previous Sale Amount: $131,700
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Dec 24, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $92,190
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2028

About Quail Canyon



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Frequently Asked Questions

What neighborhood is 7240 East Rainbow Canyon Drive located in?
The 7240 East Rainbow Canyon Drive is a located in the neighborhood of Quail Canyon in Quail Canyon, Tucson.
What is the average sales price for listings in 7240 East Rainbow Canyon Drive?
The average sales price for units in 7240 East Rainbow Canyon Drive is $0 currently.

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