Large Location Icon

118 Rainier Dr; Salem, OR Property Details

118 Rainier Dr, Salem, OR is a Single Family that was built in 2021. This property is currently a cash purchase and is not for sale. Our records show that 118 Rainier Dr has 1 bedroom, and 1 bathroom, and a total of 2,702 square feet. The lot size of 118 Rainier Dr is 8,712 square feet.

Off market
118 Rainier Dr SE Salem, OR 97306
$699,000 Listing Price
1 Beds
1 Baths
2,702 SqFt
Property Type
Single Family
Unlock Full Report
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Purchase Price: $699,000
  • Est. Equity / %: $777,000 / 100%
  • Gross Yield: 6.326%
  • APN: 354099
  • Situs County: Marion
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Condition: Average
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,702/SqFt
  • Lot: 8,712/SqFt
  • Gross: 3,416/SqFt
  • Living: 2,702/SqFt
  • Building: 3,416/SqFt
  • Ground: 2,702/SqFt
  • Price Per Square Foot: $258.70

Legal Description

  • Description: RAINIER ESTATES LOT 54 ACRES .20
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: 44.87203 / -123.06076
  • Subdivision: Rainier Estates
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 9507
  • Cooling: Central
  • Fireplaces: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

118 Rainier Dr SE has no associated ownership info
118 Rainier Dr SE has no associated ownership info.

Taxes

118 Rainier Dr SE has 9 associated Taxes items

118 Rainier Dr, 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 $354,450. The APN we've located for 118 Rainier Dr is 354099.

Unlock the full report
Taxes
  • Assessed Value:  $354,450
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  354099
  • Market Land Value:  165000
  • Tax Amount:  6756.74
  • Tax Year:  2024
  • Market Value:  801790
  • Market Year:  2025

Tax History

118 Rainier Dr SE has 9 associated Tax History items

Unlock the full report
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $354,450 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,756.74 Change Rate +0.030373% Assessed CR Tax Rate
Year 2023 Assessed Value $334,110 Land Value Improvement Value Tax Amount $6,557.57 Change Rate +0.02879% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $324,380 Land Value Improvement Value Tax Amount $6,374.06 Change Rate +3.844541% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $66,920 Land Value Improvement Value Tax Amount $1,315.72 Change Rate +0.029926% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $64,980 Land Value Improvement Value Tax Amount $1,277.49 Change Rate +0.036385% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $63,090 Land Value Improvement Value Tax Amount $1,232.64 Change Rate +0.012901% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,216.94 Change Rate +5.147714% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $197.95 Change Rate Assessed CR Tax Rate
Address, Street, City, or ZIP
    Building Your
    Comprehensive Report
    0%
    • Home Addresses
    • Phone Number
    • Emails
    • Relatives
    • Criminal and Traffic Records
    • Public Records and Properties

    Searching related records for
    This additional information can help you verify a person's identity and ensure that you are well-informed.