NOT LISTED FOR SALE

1603 Rainbow Dr Springfield, OR 97477

West Springfield Neighborhood

Estimated Value: $455,000 - $498,000

5 Beds
3 Baths
2,248 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 1603 Rainbow Dr, Springfield, OR 97477 and is currently estimated at $482,039, approximately $214 per square foot. 1603 Rainbow Dr is a home with nearby schools including Centennial Elementary School, Hamlin Middle School, and Springfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Smith Lisa Mitchell and Smith Clair Vance
Bought by
Tomas Luis Cruz E
Current Estimated Value
$482,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2013
Sold by
Smith Trevor Vern
Bought by
Smith Lisa Mitchell and Smith Clair Vance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Smith Clair Vance and Smith Lisa Mitchell

Purchase Details

Closed on
Aug 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 26, 2010
Sold by
Sparkman Anne C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 22, 2006
Sold by
Sparkman Anne C and Finger Anne C
Bought by
Sparkman Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,725
Interest Rate
6.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Tomas Luis Cruz E $295,000 Evergreen Land Title Company
Smith Lisa Mitchell $25,000 Western Title & Escrow Co
Smith Clair Vance $75,000 Fidelity National Title Insu
The Secretary Of Housing & Urban Develop $119,709 First American Title
Wells Fargo Bank Na $129,483 First American Title
Sparkman Anne C -- Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomas Luis Cruz E $289,656
Previous Owner Smith Lisa Mitchell $82,000
Previous Owner Sparkman Anne C $116,725
Source: Public Records

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
2025 $6,329 $345,121 -- --
2024 $4,940 $265,848 -- --
2023 $4,940 $188,095 $0 $0
2022 $3,334 $182,617 $0 $0
2021 $3,274 $177,299 $0 $0
2020 $3,179 $172,135 $0 $0
2019 $3,083 $167,122 $0 $0
2018 $2,906 $157,529 $0 $0
2017 $2,795 $157,529 $0 $0
2016 $2,736 $152,941 $0 $0
2015 $2,658 $148,486 $0 $0
2014 $2,618 $144,161 $0 $0
Source: Public Records

Map

Oregon Lane County Springfield 97477 West Springfield

1603 Rainbow Dr, Springfield, OR

Not Listed for Sale

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