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1275 Rainbow Valley Ln; Salem, OR Property Details

1275 Rainbow Valley Ln, Salem, OR is a Single Family that was built in 1997. This property is not for sale. Our records show that 1275 Rainbow Valley Ln has 2 bedrooms, and 1 bathroom, and a total of 4,370 square feet. The lot size of 1275 Rainbow Valley Ln is 87,120 square feet.

Off market
1275 Rainbow Valley Ln SE Salem, OR 97306
$379,990 Estimated Value
2 Beds
1 Baths
4,370 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1997
  • Open Loans / Balance: 1 / $196,348
  • Est. Equity / %: $676,652 / 77.51%
  • Gross Yield: 5.35%
  • APN: 561421
  • Situs County: Marion

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 4,370/SqFt
  • Lot: 87,120/SqFt
  • Gross: 4,920/SqFt
  • Garage: 550/SqFt
  • Living: 4,370/SqFt
  • Basement: 1,465/SqFt
  • Building: 4,920/SqFt
  • Ground: 2,930/SqFt
  • Garage Finished: 550/SqFt
  • Basement Finished: 1,465/SqFt

Legal Description

  • Description: PP 1996-024 LOT 3 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: 44.852383 / -123.03107
  • Subdivision: Pp 1996-024
  • Property Class: Residential
  • Zoning: AR-2
  • County Use Code: 401

Amenities

  • Plus Four: 9336
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

1275 Rainbow Valley Ln SE has no associated ownership info
1275 Rainbow Valley Ln SE has no associated ownership info.

Taxes

1275 Rainbow Valley Ln SE has 9 associated Taxes items

1275 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 $379,990. The APN we've located for 1275 Rainbow Valley Ln is 561421.

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Taxes
  • Assessed Value:  $379,990
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  561421
  • Market Land Value:  282320
  • Tax Amount:  4682.17
  • Tax Year:  2024
  • Market Value:  731830
  • Market Year:  2025

Tax History

1275 Rainbow Valley Ln SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $379,990 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $368,930 Land Value Improvement Value Tax Amount $4,682.17 Change Rate +0.024603% Assessed CR Tax Rate +0.012691%
Year 2023 Assessed Value $358,190 Land Value Improvement Value Tax Amount $4,569.74 Change Rate +0.025334% Assessed CR Tax Rate +0.012758%
Year 2022 Assessed Value $347,760 Land Value Improvement Value Tax Amount $4,456.83 Change Rate Assessed CR Tax Rate +0.012816%
Year 2021 Assessed Value $337,640 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $327,810 Land Value Improvement Value Tax Amount $4,224.26 Change Rate +0.037927% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $318,270 Land Value Improvement Value Tax Amount $4,069.9 Change Rate +0.012856% Assessed CR Tax Rate +0.012788%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,018.24 Change Rate +0.141374% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,520.53 Change Rate +0.047824% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,359.85 Change Rate -0.027013% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,453.13 Change Rate +0.046276% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,300.4 Change Rate Assessed CR Tax Rate