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7004 Rainbow Dr; Salem, OR Property Details

7004 Rainbow Dr, Salem, OR is a Single Family that was built in 1975. This property is not for sale. Our records show that 7004 Rainbow Dr has 3 bedrooms, and 2 bathrooms, and a total of 4,347 square feet. The lot size of 7004 Rainbow Dr is 118,483 square feet.

Off market
7004 Rainbow Dr SE Salem, OR 97306
$348,490 Estimated Value
3 Beds
2 Baths
4,347 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Open Loans / Balance: 2 / $199,440
  • Est. Equity / %: $505,560 / 71.71%
  • Gross Yield: 5.36%
  • APN: 561416
  • Situs County: Marion

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

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

Measurements

  • Total: 4,347/SqFt
  • Lot: 118,483/SqFt
  • Gross: 4,347/SqFt
  • Garage: 720/SqFt
  • Living: 4,347/SqFt
  • Building: 4,347/SqFt
  • Ground: 1,755/SqFt
  • Garage Unfinished: 720/SqFt

Legal Description

  • Description: SUNNYSIDE FRUIT FARMS NO 7 LOT 1 ACRES 2.72
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: 44.853516 / -123.033676
  • Subdivision: Sunnyside Fruit Farms No 7
  • Property Class: Residential
  • Zoning: AR-2
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 9533
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Baseboard
  • Parking: 3

Ownership Info

7004 Rainbow Dr SE has no associated ownership info
7004 Rainbow Dr SE has no associated ownership info.

Taxes

7004 Rainbow Dr SE has 9 associated Taxes items

7004 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 $348,490. The APN we've located for 7004 Rainbow Dr is 561416.

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Taxes
  • Assessed Value:  $348,490
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  561416
  • Market Land Value:  302400
  • Tax Amount:  4293.96
  • Tax Year:  2024
  • Market Value:  574240
  • Market Year:  2025

Tax History

7004 Rainbow Dr SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $348,490 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $338,340 Land Value Improvement Value Tax Amount $4,293.96 Change Rate +0.024611% Assessed CR Tax Rate +0.012691%
Year 2023 Assessed Value $328,490 Land Value Improvement Value Tax Amount $4,190.82 Change Rate +0.025315% Assessed CR Tax Rate +0.012758%
Year 2022 Assessed Value $318,930 Land Value Improvement Value Tax Amount $4,087.35 Change Rate +0.026609% Assessed CR Tax Rate +0.012816%
Year 2021 Assessed Value $309,650 Land Value Improvement Value Tax Amount $3,981.41 Change Rate +0.027691% Assessed CR Tax Rate +0.012858%
Year 2020 Assessed Value $300,640 Land Value Improvement Value Tax Amount $3,874.13 Change Rate +0.037931% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $291,890 Land Value Improvement Value Tax Amount $3,732.55 Change Rate +0.012851% Assessed CR Tax Rate +0.012788%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,685.19 Change Rate +0.14135% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,228.8 Change Rate +0.047835% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,081.4 Change Rate -0.011631% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,117.66 Change Rate +0.050166% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,968.73 Change Rate Assessed CR Tax Rate