$745,000
$14K PRICE DROP

40235 Rainbow Dr Scio, OR 97374

Estimated payment $4,240/month

Total Views 12,243
3 Beds
2 Baths
1,728 Sq Ft
$431 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Family Room with Fireplace
  • Covered Patio or Porch
  • Mountain View
  • Den
  • First Floor Utility Room

About This Home

Fully updated single story home & horse property on 9.4 acres w/ room for all your animals & hobbies! New roof, new interior/exterior paint, new vinyl plank flooring, new carpet. All new Kitchen & bathrooms! Built-in bookshelves, Large laundry room, 60x36 insulated shop! Fully fenced, landscaped, & room for RV/Boat storage. Plumbing updated to Pex. 1500+ water tank installed. Have your coffee each day from the wrap around porch with stunning views! Turnkey country living minutes to town!

Listing Agent

ANDREA BEEM

EXP REALTY, LLC License #200805169 Listed on: 09/05/2025

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,351

Year Built

  • Built in 1970

Lot Details

  • 9.4 Acre Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RR5

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Den
  • First Floor Utility Room
  • Laundry Room
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Natural lighting in basement

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Shop

Schools

  • Centennial Elementary School
  • Scio Middle School
  • Scio High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,351

Year Built

Built in 1970

Lot Details

9.4 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Fully updated single story home & horse property on 9.4 acres w/ room for all your animals & hobbies! New roof, new interior/exterior paint, new vinyl plank flooring, new carpet. All new Kitchen & bathrooms! Built-in bookshelves, Large laundry room, 60x36 insulated shop! Fully fenced, landscaped, & room for RV/Boat storage. Plumbing updated to Pex. 1500+ water tank installed. Have your coffee each day from the wrap around porch with stunning views! Turnkey country living minutes to town!
  • Cross Street: Richardson Gap Rd
  • Year Built: 1970
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Electric
  • Flooring: Carpet, Luxury Vinyl Plank
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Basement: Daylight, Partial
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Den
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Exterior Color: Dark Green
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Mountain

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Window Unit (AC), Baseboard
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Acres: 9.4
  • Estimated Lot Sq Ft: 409464
  • Lot: 1
  • Lot Type: Dimension Above
  • Rv Amenities: Area/Room For, Rv Disposal
  • Zoning: RR5
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2024
  • Tax Amount: 4351

MLS Schools

  • HighSchool: Scio
  • Middle School: Scio
  • Elementary School: Centennial

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,557 $328,960 -- --
2024 $4,350 $312,620 -- --
2023 $4,234 $303,520 $0 $0
2022 $4,144 $294,680 $0 $0
2021 $3,976 $286,100 $0 $0
2020 $3,918 $277,770 $0 $0
2019 $3,847 $269,680 $0 $0
2018 $7,460 $261,830 $0 $0
2017 $3,674 $254,210 $0 $0
2016 $3,591 $246,810 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2025 12/22/25 Price Changed $745,000 -1.8% $431 / Sq Ft
09/05/2025 09/05/25 For Sale $759,000 -- $439 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $19,683 Seller Take Back
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 833333

Willamette Valley MLS

APN: 0055851

Oregon Linn County Scio 97374

40235 Rainbow Dr, Scio, OR

For Sale

Detached

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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ANDREA BEEM
Listing Agent
ANDREA BEEM
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EXP REALTY, LLC
(541) 231-3109
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