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126 Rainier Dr; Salem, OR Property Details

126 Rainier Dr, Salem, OR is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 126 Rainier Dr has 3 bedrooms, and 1 bathroom, and a total of 2,015 square feet. The lot size of 126 Rainier Dr is 7,405 square feet.

Off market
126 Rainier Dr SE Salem, OR 97306
$455,000 Listing Price
3 Beds
1 Baths
2,015 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2020
  • Purchase Price: $455,000
  • Open Loans / Balance: 1 / $385,390
  • Est. Equity / %: $220,610 / 36.4%
  • Gross Yield: 7.305%
  • APN: 354100
  • Situs County: Marion
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,015/SqFt
  • Lot: 7,405/SqFt
  • Gross: 2,924/SqFt
  • Garage: 460/SqFt
  • Living: 2,015/SqFt
  • Basement: 671/SqFt
  • Building: 2,924/SqFt
  • Ground: 2,015/SqFt
  • Price Per Square Foot: $225.81

Legal Description

  • Description: RAINIER ESTATES LOT 55 ACRES .17
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: 44.87201 / -123.0605
  • Subdivision: Rainier Estates
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 9507
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

126 Rainier Dr SE has 9 associated Taxes items

126 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 $364,720. The APN we've located for 126 Rainier Dr is 354100.

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Taxes
  • Assessed Value:  $364,720
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  354100
  • Market Land Value:  165000
  • Tax Amount:  6952.5
  • Tax Year:  2024
  • Market Value:  728110
  • Market Year:  2025

Tax History

126 Rainier Dr SE has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $364,720 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $354,100 Land Value Improvement Value Tax Amount $6,952.5 Change Rate +0.030376% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $343,790 Land Value Improvement Value Tax Amount $6,747.54 Change Rate +0.028786% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $333,780 Land Value Improvement Value Tax Amount $6,558.74 Change Rate +0.056178% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $315,850 Land Value Improvement Value Tax Amount $6,209.88 Change Rate +3.861001% 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 +5.152998% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $197.78 Change Rate Assessed CR Tax Rate