When was property at 6912 Rainbow Drive Southeast built and last sold?

The property at 6912 Rainbow Drive Southeast was built in 1980 and last sold on Jun 4, 2019 for $499,900.

How much is this home worth?

The estimated value of the home located at 6912 Rainbow Drive Southeast is $846,438.

What are some comparable homes to 6912 Rainbow Drive Southeast?

There are currently no comparable homes to 6912 Rainbow Drive Southeast.

Marion

97306

6912 Rainbow Dr SE

1 / 42

Map

$719,000 - $877,000

● House - Off Market

6912 Rainbow Dr SE

Salem, OR 97306

4 Beds

4 Baths

2750 Sqft

Sold Jun 06, 2019

$499,900

Whiting Chad M Whiting Kristie M

Buyer

Adams John R Adams Patricia R

Seller

$478,600 by Flagstar Bank Fsb

Mortgage Due Sep 01, 2051

Sold Nov 01, 2006

$450,000

Adams John R

Buyer

Milligan Lyle W Milligan Barbara M

Seller

$250,000 by Mortgageit Inc

Mortgage Due Nov 01, 2036

About This Property

Accepted Offer with Contingencies. Enjoy the perks of living outside the city limits in your own paradise! Beautifully remodeled kit & dining rm providing open living space & lots of light. Separate office entrance for possible home office w/remodeled half bath. Bottom floor has newer lux vinyl flooring w/4th bed, family rm & lockable lg closet for items you need secured. Gated property boasts mature trees, numerous flowers & plants, berries, koi pond, shop, etc. New ext. paint, gas fireplace, added gas line for BBQ, 80 gal WH.

The manager has listed the unit size as 2750 square feet.

Unit Size

2,750Ft²

Days on Market

Land Size

1.44 acres

Price per sqft

$290

Property Type

House

Property Taxes

$366

HOA Dues

Year Built

1980

Price History

Date / Event	Date	Event
Jun 8, 2024	No longer available	-
No longer available
Mar 31, 2024	Price Decreased	$798,000 ↓ $2K (0.3%)
Price Decreased
Feb 27, 2024	Price Decreased	$800,000 ↓ $21K (2.6%)
Price Decreased
Jan 31, 2024	Price Decreased	$821,000 ↓ $8K (1%)
Price Decreased
Nov 22, 2023	Price Decreased	$829,000 ↓ $16K (1.9%)
Price Decreased
Nov 1, 2023	Price Decreased	$845,000 ↓ $5K (0.6%)
Price Decreased
Oct 5, 2023	Listed	$849,900
Listed
Aug 12, 2022	No longer available	-
No longer available
Jul 30, 2022	Price Decreased	$749,900 ↓ $14K (1.9%)
Price Decreased
Jun 23, 2022	Listed	$764,000
Listed

	Live in paradise just outside Salem city limits! This home has room for the entire family plus all your toys! Enjoy cozy winter evenings in front of the wood burning fireplace. Sunroom off of the kitchen is ideal for connecting w/nature while staying cool &/or dry. Sep office or dining room entrance makes this ideal for possible home office. Fully fenced with a automatic gate ensures your family and animals are safe. Lockable room in the basement for those items you need to secure. Due… HOMESMART REALTY GROUP
Jun 9, 2019	No longer available	-
No longer available
Jun 6, 2019	Sold to Chad M Whiting, Kristie M W...	$499,900
Sold to Chad M Whiting, Kristie M W...
Apr 25, 2019	Listed	$499,900
Listed
Nov 1, 2006	Sold to John R Adams	$450,000
Sold to John R Adams

Property Highlights

Fireplace

Air Conditioning

Building Info

Overview

General

Year Built: 1980

Effective Year Built: 1995
Building Count: 2
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Floor Count: 1
Living Units: 1
Basement Area: 735
Garage Square Area: 486
Parking Space Count: 2

Dimensions

Lot Size Square Feet: 62,726

Total Building Area: 3,958
Gross Building Area: 3,958
Building Area: 3,472
Building Area Measurement: unknown

Heating and Cooling

Fireplace Count: 1

Air Conditioning: unknown
Heating: unknown
Heated Square Feet: 3,472
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: unknown

Subdivision: PP 1990-081
Land Acres: 1.44
Legal Description 1: PP 1990-081 LOT 2 ACRES 1.44

Ownership

Current Owner : WHITING CHAD M

Current Owner 2: WHITING KRISTIE M
Previous Owner : ADAMS JOHN R
Previous Owner 2: ADAMS PATRICIA R
Owner Before Previous Owner: MILLIGAN LYLE W
Owner Before Previous Owner 2: MILLIGAN BARBARA M
Is Owner Occupied: unknown
Ownership Rights Codes: unknown

Neighborhood

School District Name: Salem-Keizer School District 24J

School Tax School District: SALEM-KEIZER
Census Tract: 002800

Zoning

Zoning: AR-2

Geography

Account Number: 593781

Parcel: 593781
Lot: 2
Meridian: SEC 22 TWN 08S RNG 03W
Latitude: 44.8554
Longitude: -123.034

Address

Full Address: 6912 Rainbow Dr Se

Address - House Number: 6912
Street Segment Direction: SE
Address - Street Name: Rainbow
Address - Suffix Type: Dr
State: OR
City Name: Salem
Carrier Code: R007
4-Digit Zip Code: 9535
Zip Code: 97306

Valuation

Tax

Tax Year: 2022

Tax Amount: $4,284
Tax Rate Code Area: 02400230

Appraisal Valuation

Standard Deviation: 0.0712

Valuation Date: Feb 28, 2024
Confidence Score: 95
Final Value: 836,420
High Value: 896,041
Low Value: 776,799

Open Liens

Total Open Liens: 2

Total Open Liens Amount: $636,600
First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
First Open Lien Mortgage Recording Date: Aug 09, 2021
First Open Lien Mortgage Loan Amount: $478,600
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: unknown
First Open Lien Mortgage Loan Due Date: Sep 01, 2051
Second Open Lien Mortgage Lender: FLAGSTAR BANK FSB
Second Open Lien Mortgage Recording Date: Oct 21, 2022
Second Open Lien Mortgage Loan Amount: $158,000
Second Open Lien Mortgage Term: 360
Second Open Lien Mortgage Position: 2
Second Open Lien Mortgage Loan Type: unknown
Second Open Lien Mortgage Loan Due Date: Nov 01, 2052

Market Valuation

Market Total Value: $716,120

Market Land Value: $215,690
Market Improvement Value: $500,430

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $344,300

Sales

Current Sale Contract Date: Jun 04, 2019

Current Sale Recording Date: Jun 06, 2019
Current Sale Transaction ID: 11617696503
Current Sale Price: $499,900
Current Sale Document Type: unknown
Previous Sale Recording Date: Nov 01, 2006
Previous Sale Contract Date: Oct 31, 2006
Previous Sale Amount: $450,000
Previous Sale Document Type: unknown

Last Sale Mortgage

First Mortgage Lender: STEARNS LENDING LLC

First Mortgage Transaction Date: Jun 06, 2019
First Mortgage Loan Amount: $474,905
First Mortgage Terms: 360
First Mortgage Loan Type: unknown
First Mortgage Loan Due Date: Jul 01, 2049

Financing

First Mortgage Financing Type: unknown

Previous Mortgages

Previous Mortgage Lender: MORTGAGEIT INC

Previous Mortgage Transaction Date: Nov 01, 2006
Previous Mortgage Loan Amount: $250,000
Previous Mortgage Term: 360
Previous Mortgage Loan Type: unknown
Previous Mortgage Loan Due Date: Nov 01, 2036

Redact Ownership Info

Comparables

About Marion

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

Average Home Size

1998 ft²

Average Home Age

36.1 years

Currently For Sale

210 Listings

Similar Homes for Sale

Currently no similar homes around

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5632 Kessler Dr Se #5632 Kessler Dr SE, Salem, OR, 97306 Listing by Manager

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$2,800 /mo

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6912 Rainbow Dr SE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Marion

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions