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7281 Rainbow Dr; Salem, OR Property Details

7281 Rainbow Dr, Salem, OR is a Rural Residence that was built in 2017. This property is currently Financed and is not for sale. Our records show that 7281 Rainbow Dr has 4 bedrooms, and 2 bathrooms, and a total of 8,468 square feet. The lot size of 7281 Rainbow Dr is 214,751 square feet.

Off market
7281 Rainbow Dr SE Salem, OR 97306
$569,000 Listing Price
4 Beds
2 Baths
8,468 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $550,000
  • Open Loans / Balance: 1 / $613,867
  • APN: 561444
  • Situs County: Marion
  • Length Of Ownership: 3 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Metal

Measurements

  • Total: 8,468/SqFt
  • Lot: 214,751/SqFt
  • Gross: 8,948/SqFt
  • Living: 8,468/SqFt
  • Building: 8,948/SqFt
  • Ground: 1,334/SqFt
  • Price Per Square Foot: $64.95

Legal Description

  • Description: SUNNYSIDE FRUIT FARMS NO 7 LOT 12 ACRES 4.93
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: 44.849716 / -123.03842
  • Subdivision: Sunnyside Fruit Farms No 7
  • Property Class: Residential
  • Zoning: SA
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 9524
  • Fireplaces: 1
  • Heating: Baseboard

Ownership Info

7281 Rainbow Dr SE has no associated ownership info
7281 Rainbow Dr SE has no associated ownership info.

Taxes

7281 Rainbow Dr SE has 9 associated Taxes items

7281 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 $479,825. The APN we've located for 7281 Rainbow Dr is 561444.

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Taxes
  • Assessed Value:  $479,825
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  561444
  • Market Land Value:  379020
  • Tax Amount:  6090.94
  • Tax Year:  2025
  • Market Value:  1114090
  • Market Year:  2025

Tax History

7281 Rainbow Dr SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $479,825 Land Value Improvement Value Tax Amount $6,090.94 Change Rate +1.284622% Assessed CR Tax Rate +0.012694%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,666.06 Change Rate +0.076857% Assessed CR Tax Rate
Year 2023 Assessed Value $194,059 Land Value Improvement Value Tax Amount $2,475.78 Change Rate +0.025342% Assessed CR Tax Rate +0.012758%
Year 2022 Assessed Value $188,408 Land Value Improvement Value Tax Amount $2,414.59 Change Rate Assessed CR Tax Rate +0.012816%
Year 2021 Assessed Value $182,920 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $177,600 Land Value Improvement Value Tax Amount $2,288.6 Change Rate +0.037928% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $172,430 Land Value Improvement Value Tax Amount $2,204.97 Change Rate +0.012778% Assessed CR Tax Rate +0.012788%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,177.15 Change Rate +0.381642% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,575.77 Change Rate -0.614695% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,089.67 Change Rate +2.692171% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,107.66 Change Rate +0.046285% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,058.66 Change Rate Assessed CR Tax Rate