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1175 Rainbow Valley Ln; Salem, OR Property Details

1175 Rainbow Valley Ln, Salem, OR is a Single Family that was built in 1997. This property is not for sale. Our records show that 1175 Rainbow Valley Ln has 1 bedroom, and 1.5 bathrooms, and a total of 4,497 square feet. The lot size of 1175 Rainbow Valley Ln is 87,120 square feet.

Off market
1175 Rainbow Valley Ln SE Salem, OR 97306
$466,180 Estimated Value
1 Beds
1.5 Baths
4,497 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1997
  • Est. Equity / %: $945,000 / 100%
  • Gross Yield: 6.797%
  • APN: 561420
  • Situs County: Marion

Rooms

  • Bedrooms: 1
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 4,497/SqFt
  • Lot: 87,120/SqFt
  • Gross: 5,179/SqFt
  • Garage: 682/SqFt
  • Living: 4,497/SqFt
  • Basement: 1,111/SqFt
  • Building: 5,179/SqFt
  • Ground: 3,201/SqFt
  • Garage Finished: 682/SqFt
  • Basement Finished: 1,111/SqFt

Legal Description

  • Description: PP 1996-024 LOT 2 ACRES 2.00
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.852505 / -123.03212
  • Subdivision: Pp 1996-024
  • Property Class: Residential
  • Zoning: AR-2
  • County Use Code: 401

Amenities

  • Plus Four: 9340
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

1175 Rainbow Valley Ln SE has no associated ownership info
1175 Rainbow Valley Ln SE has no associated ownership info.

Taxes

1175 Rainbow Valley Ln SE has 9 associated Taxes items

1175 Rainbow Valley Ln, Salem, OR pays taxes in Marion County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $466,180. The APN we've located for 1175 Rainbow Valley Ln is 561420.

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Taxes
  • Assessed Value:  $466,180
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  561420
  • Market Land Value:  282320
  • Tax Amount:  5744.16
  • Tax Year:  2024
  • Market Value:  1002670
  • Market Year:  2025

Tax History

1175 Rainbow Valley Ln SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $466,180 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $452,610 Land Value Improvement Value Tax Amount $5,744.16 Change Rate +0.024608% Assessed CR Tax Rate +0.012691%
Year 2023 Assessed Value $439,430 Land Value Improvement Value Tax Amount $5,606.2 Change Rate +0.025325% Assessed CR Tax Rate +0.012758%
Year 2022 Assessed Value $426,640 Land Value Improvement Value Tax Amount $5,467.73 Change Rate +0.026619% Assessed CR Tax Rate +0.012816%
Year 2021 Assessed Value $414,220 Land Value Improvement Value Tax Amount $5,325.96 Change Rate +0.027709% Assessed CR Tax Rate +0.012858%
Year 2020 Assessed Value $402,160 Land Value Improvement Value Tax Amount $5,182.36 Change Rate +0.037942% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $390,450 Land Value Improvement Value Tax Amount $4,992.92 Change Rate +0.012853% Assessed CR Tax Rate +0.012788%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,929.56 Change Rate +0.141371% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,318.98 Change Rate +0.047821% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,121.87 Change Rate -0.027019% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,236.33 Change Rate +0.046284% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,048.93 Change Rate Assessed CR Tax Rate