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742 Rainbow Ridge Dr

Cornville, AZ 86325

3 bd 2 ba 1,789 sqft Built 2006 Lot 7,841 sqft single_family
Most recent sale
$440,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $440,000 MLS #530319
Aug 30, 2022 Price changed $459,900 MLS #530319
Aug 17, 2022 Price changed $475,000 MLS #530319
Jul 20, 2022 Price changed $489,900 MLS #530319
Jul 11, 2022 Price changed $515,000 MLS #530319
Jun 6, 2022 Listed $529,900 MLS #530319
Jun 5, 2020 Listed for rent $1,675 AppfolioUnits
Jul 22, 2018 Listing removed $1,550 AppfolioUnits
Jun 16, 2018 Listed for rent $1,550 AppfolioUnits
Feb 23, 2016 Listing removed $1,350 AppfolioUnits
Feb 18, 2016 Listed for rent $1,350 AppfolioUnits
Sep 28, 2006 Sold $349,944 Public Record
Apr 7, 2006 Sold $45,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $29,802 $11,882 $41,684 $2,241
2023 $22,351 $10,481 $32,832 $2,406
2022 $19,654 $10,793 $30,447 $2,365
2021 $17,803 $9,353 $27,156 $2,432
2020 $18,031 $4,654 $22,685 $2,389
2019 $15,673 $5,368 $21,041 $2,347
2018 $14,929 $5,368 $20,296 $2,261
2017 $15,422 $4,340 $19,762 $2,169
2016 $14,902 $3,280 $18,182 $2,111
2015 $12,955 $3,220 $16,175 $2,072
2014 $10,203 $3,220 $13,423 $1,875
2013 $9,052 $3,220 $12,272 $1,673
2012 $10,480 $3,220 $13,700 $1,748
2011 $10,041 $4,380 $14,421 $1,421
2010 $13,582 $6,510 $20,092 $1,616
2009 $13,582 $6,510 $20,092 $1,787
2008 $16,415 $7,230 $23,645 $2,007
2007 $11,568 $11,568 $690

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,789 sqft
Lot size
7,841 sqft
ZIP code
86325
City
Cornville
Street
Rainbow Ridge Dr
Coordinates
34.72612, -111.97409

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,773
Gross rental yield
7.56%
Implied cap rate
4.92%
Trend-extrapolated value

Frequently asked questions

When did 742 Rainbow Ridge Dr last sell?
742 Rainbow Ridge Dr most recently sold on Oct 14, 2022 for $440,000.
What is the current tax assessment for 742 Rainbow Ridge Dr?
The most recent total assessment for 742 Rainbow Ridge Dr (year 2025) is $41,684 with $2,241 in property tax.
How does 742 Rainbow Ridge Dr's assessment compare to its last sale price?
The current assessment is 90.5% below the last sale price of $440,000.
When was 742 Rainbow Ridge Dr built?
742 Rainbow Ridge Dr was built in 2006.
How does 742 Rainbow Ridge Dr compare to others on Rainbow Ridge Dr?
We track 8 other properties on Rainbow Ridge Dr. Browse the list under "Other properties on Rainbow Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 742 Rainbow Ridge Dr?
742 Rainbow Ridge Dr is a 3 bed, 2 bath, 1,789 sqft, 7,841 sqft lot single_family.
Is 742 Rainbow Ridge Dr a flip candidate?
No — 742 Rainbow Ridge Dr does not appear in our flips dataset.
Is 742 Rainbow Ridge Dr a tax-appeal candidate?
No — 742 Rainbow Ridge Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.6%
2026 Q3
$343.9K
2026 Q4
$341.6K
ZIP 86325 — Median Price History + Forecast

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