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7002 Rainbow Dr; Salem, OR Property Details

7002 Rainbow Dr, Salem, OR is a Rural Residence that was built in 1996. This property is currently Financed and is not for sale. Our records show that 7002 Rainbow Dr has 6 bedrooms, and 1.5 bathrooms, and a total of 6,777 square feet. The lot size of 7002 Rainbow Dr is 87,556 square feet.

Off market
7002 Rainbow Dr SE Salem, OR 97306
$988,000 Listing Price
6 Beds
1.5 Baths
6,777 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1996
  • Purchase Price: $988,000
  • Open Loans / Balance: 1 / $788,856
  • APN: 561418
  • Situs County: Marion
  • Length Of Ownership: 5 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Stucco
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 6,777/SqFt
  • Lot: 87,556/SqFt
  • Gross: 7,711/SqFt
  • Garage: 934/SqFt
  • Living: 6,777/SqFt
  • Basement: 2,028/SqFt
  • Building: 7,711/SqFt
  • Ground: 3,072/SqFt
  • Garage Finished: 934/SqFt
  • Basement Finished: 2,028/SqFt
  • Price Per Square Foot: $145.79

Legal Description

  • Description: PP 2006-081 LOT 1 ACRES 2.01
Building Insights

Land Information

  • Property Type: Rural Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.853493 / -123.03246
  • Subdivision: Pp 2006-081
  • Property Class: Residential
  • Zoning: AR-2
  • County Use Code: 401

Amenities

  • Plus Four: 9533
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 4

Ownership Info

7002 Rainbow Dr SE has no associated ownership info
7002 Rainbow Dr SE has no associated ownership info.

Taxes

7002 Rainbow Dr SE has 9 associated Taxes items

7002 Rainbow 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 $834,350. The APN we've located for 7002 Rainbow Dr is 561418.

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Taxes
  • Assessed Value:  $834,350
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  561418
  • Market Land Value:  282780
  • Tax Amount:  10591.34
  • Tax Year:  2025
  • Market Value:  1579190
  • Market Year:  2025

Tax History

7002 Rainbow Dr SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $834,350 Land Value Improvement Value Tax Amount $10,591.34 Change Rate +0.030237% Assessed CR Tax Rate +0.012694%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $10,280.49 Change Rate +0.024608% Assessed CR Tax Rate
Year 2023 Assessed Value $786,460 Land Value Improvement Value Tax Amount $10,033.58 Change Rate +0.025338% Assessed CR Tax Rate +0.012758%
Year 2022 Assessed Value $763,560 Land Value Improvement Value Tax Amount $9,785.63 Change Rate +0.026622% Assessed CR Tax Rate +0.012816%
Year 2021 Assessed Value $741,330 Land Value Improvement Value Tax Amount $9,531.87 Change Rate +0.027717% Assessed CR Tax Rate +0.012858%
Year 2020 Assessed Value $719,740 Land Value Improvement Value Tax Amount $9,274.8 Change Rate +0.037947% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $698,780 Land Value Improvement Value Tax Amount $8,935.72 Change Rate +0.012856% Assessed CR Tax Rate +0.012788%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $8,822.3 Change Rate +0.141372% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $7,729.56 Change Rate +0.047843% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $7,376.64 Change Rate -0.027006% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $7,581.38 Change Rate +0.047194% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $7,239.71 Change Rate Assessed CR Tax Rate