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7271 Rainbow Dr; Salem, OR Property Details

7271 Rainbow Dr, Salem, OR is a Rural Residence that was built in 1998. This property is not for sale. Our records show that 7271 Rainbow Dr has 4 bedrooms, and 3 bathrooms, and a total of 6,954 square feet. The lot size of 7271 Rainbow Dr is 215,186 square feet.

Off market
7271 Rainbow Dr SE Salem, OR 97306
$461,000 Estimated Value
4 Beds
3 Baths
6,954 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1998
  • Open Loans / Balance: 1 / $157,872
  • Est. Equity / %: $1,047,128 / 86.9%
  • Gross Yield: 5.318%
  • APN: 561445
  • Situs County: Marion

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Stories: 2
  • Exterior Wall Type: Combination
  • Roof Type: Gable
  • Roof Cover Type: Metal
  • Deck: true

Measurements

  • Total: 6,954/SqFt
  • Lot: 215,186/SqFt
  • Gross: 7,394/SqFt
  • Garage: 440/SqFt
  • Living: 6,954/SqFt
  • Building: 7,394/SqFt
  • Ground: 1,200/SqFt
  • Garage Finished: 440/SqFt

Legal Description

  • Description: SUNNYSIDE FRUIT FARMS NO 7 LOT 12 ACRES 4.94
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: 44.85008 / -123.036766
  • Subdivision: Sunnyside Fruit Farms No 7
  • Property Class: Residential
  • Zoning: SA
  • County Use Code: 451

Amenities

  • Plus Four: 9524
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

7271 Rainbow Dr SE has no associated ownership info
7271 Rainbow Dr SE has no associated ownership info.

Taxes

7271 Rainbow Dr SE has 9 associated Taxes items

7271 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 $461,000. The APN we've located for 7271 Rainbow Dr is 561445.

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Taxes
  • Assessed Value:  $461,000
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  561445
  • Market Land Value:  386650
  • Tax Amount:  5680.33
  • Tax Year:  2024
  • Market Value:  1020940
  • Market Year:  2025

Tax History

7271 Rainbow Dr SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $461,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $447,580 Land Value Improvement Value Tax Amount $5,680.33 Change Rate +0.0246% Assessed CR Tax Rate +0.012691%
Year 2023 Assessed Value $434,550 Land Value Improvement Value Tax Amount $5,543.95 Change Rate +0.068618% Assessed CR Tax Rate +0.012758%
Year 2022 Assessed Value $404,810 Land Value Improvement Value Tax Amount $5,187.96 Change Rate +0.026636% Assessed CR Tax Rate +0.012816%
Year 2021 Assessed Value $393,020 Land Value Improvement Value Tax Amount $5,053.36 Change Rate +0.027701% Assessed CR Tax Rate +0.012858%
Year 2020 Assessed Value $381,580 Land Value Improvement Value Tax Amount $4,917.15 Change Rate +0.037941% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $370,470 Land Value Improvement Value Tax Amount $4,737.41 Change Rate +0.01286% Assessed CR Tax Rate +0.012788%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,677.26 Change Rate +0.141349% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,098.01 Change Rate +0.047846% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,910.89 Change Rate -0.027014% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,019.47 Change Rate +0.046274% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,841.7 Change Rate Assessed CR Tax Rate