NOT LISTED FOR SALE

1160 Rainbow Hills Ln SE Salem, OR 97306

Salem Hills Neighborhood

Estimated Value: $1,923,224

5 Beds
5 Baths
6,242 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $970,000 $155 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $11,571/month

90 Days on Market

Highlights

  • 2.45 Acre Lot
  • Recreation Room
  • Home Office
  • Family Room with Fireplace
  • Territorial View
  • Covered Patio or Porch

About This Home

As of March 2017

Built like a Brick house should be! 6 inch CMU with Brick veneer & 5 inch thick concrete flrs. Masterfully designed & hand crafted with over 4700 sq ft on the main flr. Guest quarters with separate entrance yet attached to the house as well as a 60x40 heated CMU shop with 1/2 bath. All the amenities you would expect & then some. 48 sq ft walk in Safe, full bar, poker/media rm, & 4 fireplaces. Extensive landscaping with water features greenhouse & dedicated play area. Located in a privately gated South Salem

Last Agent to Sell the Property

JAKE BUCKENDORF

WINDERMERE PACIFIC WEST PROP License #200110066 Listed on: 05/05/2016

WINDERMERE PACIFIC WEST PROP

Last Buyer's Agent

JAKE BUCKENDORF

WINDERMERE PACIFIC WEST PROP License #200110066 Listed on: 05/05/2016

WINDERMERE PACIFIC WEST PROP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,208

Year Built

  • Built in 2006

Lot Details

  • 2.45 Acre Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned AR

Parking

  • 4 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 6,242 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Recreation Room
  • First Floor Utility Room
  • Territorial Views
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,208

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Possible
  • Range Facility: Gas
  • Syndicated Remarks: Built like a Brick house should be! 6 inch CMU with Brick veneer & 5 inch thick concrete flrs. Masterfully designed & hand crafted with over 4700 sq ft on the main flr. Guest quarters with separate entrance yet attached to the house as well as a 60x40 heated CMU shop with 1/2 bath. All the amenities you would expect & then some. 48 sq ft walk in Safe, full bar, poker/media rm, & 4 fireplaces. Extensive landscaping with water features greenhouse & dedicated play area. Located in a privately gated South Salem
  • Cross Street: Reese Hill
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Fireplace: Living Room, Family Room, Wood, Gas
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 17.2x16.8, On Level: 1/Main
  • Bedroom 2: Dimensions: 13.8x13.2, On Level: 1/Main
  • Bedroom 3: Dimensions: 11.8x14.2, On Level: 1/Main
  • Bedroom 4: Dimensions: 11.8x13.4, On Level: 1/Main
  • Additional Room: Dimensions: 17x18.2, On Level: 1/Main
  • Basement: Daylight
  • Dining Room: 1/Main, Dimensions: 13.8x14.2, On Level: 1/Main
  • Family Room: Dimensions: 22.4x22.4, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: Dimensions: 18x17, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Den, Office, Rec Room, Walk-In Pantry
  • Price Per Sq Ft: 155.4
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 180.23

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous, Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Brick
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4+

Utilities

  • Heating/Cooling: Gas, Central Ac
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Gas

Schools

  • Elementary School: Sumpter
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 2.45
  • Estimated Lot Sq Ft: 106722
  • Price Per Acre: 459183.67
  • Underground Sprinklers: Yes
  • Zoning: AR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R334759
  • Tax Amount: 9208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Pfeifer Trever A and Pfeifer Stefanie L
Bought by
Pfeifer Trever A and Pfeifer Stefanie L
Current Estimated Value
$1,923,224

Purchase Details

Listed on
May 5, 2016
Closed on
Mar 24, 2017
Sold by
Nugent James and Nugent Susan
Bought by
Pfeifer Trever A and Pfeifer Stefanie L
Seller's Agent
JAKE BUCKENDORF
WINDERMERE PACIFIC WEST PROP
Buyer's Agent
JAKE BUCKENDORF
WINDERMERE PACIFIC WEST PROP
List Price
$1,195,000
Sold Price
$970,000
Premium/Discount to List
-$225,000
-18.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$424,100
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Haugen Gary J and Haugen Sharon K
Bought by
Nugent James and Nugent Susan
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pfeifer Trever A -- None Available
Pfeifer Trever A $970,000 Fidelity Natl Title Co Of Or
Nugent James $163,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeifer Trever A $833,000
Closed Pfeifer Trever A $829,000
Closed Pfeifer Trever A $424,100
Closed Pfeifer Trever P $440,000
Previous Owner Nugent James $414,000
Previous Owner Nugent James $417,000
Previous Owner Nugent James $270,000
Previous Owner Nugent James $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $970,000 -18.8% $155 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $1,195,000 -- $191 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,488 $983,950 -- --
2023 $12,188 $955,300 $0 $0
2022 $11,530 $927,480 $0 $0
2021 $11,231 $900,470 $0 $0
2020 $10,928 $874,250 $0 $0
2019 $10,528 $848,790 $0 $0
2018 $10,716 $0 $0 $0
2017 $9,389 $0 $0 $0
2016 $8,960 $0 $0 $0
2015 $9,209 $0 $0 $0
2014 $8,801 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JAKE BUCKENDORF

    Seller's Agent in 2017

    JAKE BUCKENDORF

    WINDERMERE PACIFIC WEST PROP

    (503) 371-5155

    5 in this area

    68 Total Sales

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Map

Source: Willamette Valley MLS

MLS Number: 703902

Willamette Valley MLS

APN: 334759

Oregon Marion County Salem 97306 Salem Hills

1160 Rainbow Hills Ln SE, Salem, OR

This home is located at 1160 Rainbow Hills Ln SE, Salem, OR 97306 since 05 May 2016 and is currently estimated at $1,923,224, approximately $308 per square foot. This property was built in 2006. 1160 Rainbow Hills Ln SE is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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