$445,000

221 SW Rainbow Ave Dallas, OR 97338

Estimated payment $2,617/month

Total Views 1,304
3 Beds
2 Baths
1,786 Sq Ft
$249 Price per Sq Ft

Highlights

  • Popular Property
  • Traditional Architecture
  • Mud Room
  • Covered Deck
  • Wood Flooring
  • No HOA

About This Home

Well-kept Dallas home offering comfort, space and investment potential. Features 3 beds, 2 baths, open living area and storage-filled kitchen. Spacious, private backyard perfect for entertaining or gardening. Garage is partially converted ADU with 2nd bath, kitchenette and walk-in closet. County records show 2 beds/1 bath, 1258 SqFt - buyer to do due diligence. Close to schools, shopping and parks. Don't miss this opportunity! *Open House 8/24 11am-1pm*

Listing Agent

Peter Braunworth

Coho Realty License #200603159 Listed on: 08/20/2025

Coho Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,306

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned RS, RS

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Shed

Schools

  • Lyle Elementary School
  • Lacreole Middle School
  • Dallas High School

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 133744

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,306

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Traditional
  • Directions: Ellendale Ave to SW Jasper St to SW Rainbow Ave
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1951
  • MLS Status: Active
  • General Property Information Elementary School: Lyle Elem
  • General Property Information Middle Or Junior School: LaCreole Middle
  • General Property Information High School: Dallas High
  • General Property Information:Zoning2: RS
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 4
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 5
  • Common Walls:No Common Walls: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Mud Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition
  • Horse: No
  • Patio And Porch Features: Covered Deck, Deck
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features Covered Deck: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Zoned2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Lyle Elem
  • High School: Dallas High
  • Middle Or Junior School: LaCreole Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 133744
  • ResoLotSizeUnits: Acres
  • Zoning Description: RS

Tax Info

  • Tax Annual Amount: 2306.19
  • Tax Block: 5
  • Tax Lot: 4
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,306 $168,370 $40,570 $127,800
2024 $2,306 $163,470 $39,390 $124,080
2023 $2,218 $158,710 $38,250 $120,460
2022 $2,159 $154,090 $37,140 $116,950
2021 $2,100 $149,610 $36,060 $113,550
2020 $2,040 $145,260 $35,010 $110,250
2019 $1,981 $141,030 $33,990 $107,040
2018 $1,976 $136,930 $33,000 $103,930
2017 $1,898 $132,950 $32,040 $100,910
2016 $1,901 $129,080 $31,110 $97,970
2015 $1,848 $125,330 $30,200 $95,130
2014 $1,822 $121,680 $29,320 $92,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $445,000 +131.8% $249 / Sq Ft
07/17/2017 07/17/17 Sold $192,000 +1.1% $106 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $189,900 +128.8% $105 / Sq Ft
02/28/2017 02/28/17 Sold $83,000 -16.9% $66 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $99,900 +61.1% $79 / Sq Ft
03/22/2013 03/22/13 Sold $62,000 -22.5% $49 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $80,000 -- $64 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed $192,000 Lawyers Title
Warranty Deed $83,000 First American
Special Warranty Deed $62,000 Fidelity Natl Title Co Of Or
Warranty Deed -- None Available
Warranty Deed $144,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Credit Line Revolving
Open $188,522 FHA
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $55,000 Purchase Money Mortgage
Previous Owner $144,000 Purchase Money Mortgage
Source: Public Records

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Source: Oregon Datashare

MLS Number: 220208019

Oregon Datashare

APN: 133744