7002 Rainbow Dr SE, Salem, OR 97306

6 beds5 baths6,832 sqft Edit

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Sold: $517,020
Sold on 08/09/13
Zestimate®: $652,747
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Gracious contemporary home on acreage. Welcoming foyer greets your guests. Sun filled kitchen highlights sub-zero refrigerator, double ovens, pantry, granite counters, built-in bar stools. Large master suite with private deck, dual closets, glass block shower, and access to library. Mountain views from massive windows. Lower level boasts 3 bedrooms, 2 full baths, sauna, theater room, 600 sq ft gym, and family rm. Beautifully landscaped. 3 car garage.

Facts

  • Lot: 2.01 acres
  • Single Family
  • Built in 1996
  • Views: 3,985 all time views
  • Cooling: Other
  • Heating: Heat pump
  • Last sold: Aug 2013 for $517,020
  • Last sale price/sqft: $76

Features

  • Attic
  • Deck
  • Disability Access
  • Finished basement, 2028 sqft
  • Fireplace
  • Flooring: Carpet, Hardwood, Linoleum / Vinyl
  • Hot Tub/Spa
  • Intercom
  • Lawn
  • Parking: Garage - Attached, 3 spaces, 934 sqft
  • Patio
  • Porch
  • RV Parking
  • Sauna
  • Skylight
  • Sports Court
  • Sprinkler System
  • Vaulted Ceiling
  • View: Mountain, Territorial, Water
  • Wired

Appliances Included

  • Dishwasher
  • Garbage disposal
  • Range / Oven
  • Refrigerator

Room Types

  • Breakfast nook
  • Dining room
  • Family room
  • Mud room
  • Office
  • Pantry
  • Recreation room
  • Walk-in closet

Construction

  • Exterior material: Stucco, Wood products
  • Roof type: Other
  • Room count: 16
  • Stories: 3
  • Structure type: Other
  • Unit count: 4

Other

  • Floor size: 6,832 sqft
  • Heating: Electric, Propane butane
  • Parcel #: R61418
  • Zillow Home ID: 80473148

Zestimate Details

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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$652,747
-$8,389 Last 30 days
$542K
$718K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,517/mo
-$2 Last 30 days
$1.3K
$1.9K
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Popularity on Zillow

3,985 all-time views
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Comparable Homes

Homes like this sold for $525-610K.

$460K
$680K

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Neighborhood

Market guide

Zillow predicts 97306 home values will rise 5.2% next year, compared to a 4.5% rise for Marion as a whole. Among 97306 homes, this home is valued 213.4% more than the midpoint (median) home, but is valued 38% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 97306, the number of foreclosures waiting to be sold is 26.2% less than in Marion, and 70.5% less than the national average. This lower local number could help 97306 home values rise more quickly than other regions in Marion.

Learn more about forecast calculations or 97306 home values.
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    Nearby Schools in Marion

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