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Sold for $550,000 on 10/06/23
  • Listed by: 

    JULIE TYE Cell:503-930-6500,

    Homestar Brokers

    $550,000

    7281 Rainbow Dr SE, Salem, OR 97306

    3beds
    1,334sqft
    Single Family Residence
    Built in 1947
    4.93 Acres Lot
    $574,200 Zestimate®
    $412/sqft
    $2,502 Estimated rent

    What's special

    Great location! Value is in the land 4.93 acs, Lg shop apx 3,600 sf, & the well. Dream of building a new home on acreage? This single family residence property may have possibilities for buyer. 1947's home is not in livable condition. Shop has 1/2 bath, apx 400 gallon holding tank, 200 amp electric. Garage noted on listing is actually a shop which can hold an estimated 16+ cars/other storage or RV. Property is in a forest deferral so lower taxes. Buyer to do all due diligence on home & property. See #808380

    Zillow last checked: 7 hours ago

    Listing updated: November 03, 2023 at 02:42pm

    Listed by:

    JULIE TYE Cell:503-930-6500,

    Homestar Brokers

    Bought with:

    VALERIE KOFSTAD (BOEN)

    Harcourts Silverton

    Source: WVMLS,MLS#: 807893MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,334
    • Total interior livable area: 1,334 sqft

    Property

    Parking
    • Parking features: Detached
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Blue/Gray
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 4.93 Acres
    Details
    • Additional structures: Workshop, RV/Boat Storage
    • Parcel number: 561444
    • Zoning: SA

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Water: Well

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Has irrigation water rights: Yes
    • Listing terms: Cash,Conventional
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $574,200
    2% more+ $11,484
    With Zillow Showcase(estimated)
    $585,684