NOT LISTED FOR SALE

5170 Rainbow Dr Central Point, OR 97502

Estimated Value: $468,000 - $782,000

3 Beds
2 Baths
1,886 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $229,000 $121 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $3,562/month

102 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Vaulted Ceiling
  • Outdoor Pool
  • Territorial View
  • No HOA

About This Home

As of May 2015

Zoned Mixed-Use, this 2.34-acre Property is Versatile and Ready To Go! The existing single-level home is 1973-built, with oil heating, vaulted ceilings and an attached 1-car garage. There's a separate fenced-area with in-ground pool and concrete deck. Located at the end of a long drive off of Vilas Rd, with Commercial lots lining both sides, the quiet and privacy is unmatched. Take a tour today!

Last Agent to Sell the Property

JJ Kramer

John L. Scott Medford License #200112030 Listed on: 12/15/2014

John L. Scott Medford

Last Buyer's Agent

Victor Buccina

John L. Scott Medford License #970300018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1973

Lot Details

  • 2.34 Acre Lot
  • Level Lot
  • Property is zoned AD-MU, AD-MU

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Home Design

  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,886 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Territorial Views

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio
  • Shed

Schools

  • Kennedy Elementary School
  • Scenic Middle School

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10194802

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,755

Year Built

Built in 1973

Lot Details

2.34 Acres

Parking

1

Listing Details

  • Architectural Style: Other
  • Directions: Vilas Road to Rainbow Drive.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 2.34
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Access
  • Year Built: 1973
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: Cooktop, oven (dbl), frig, DW
  • MLS Status: Closed
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information:Zoning2: AD-MU
  • View Territorial: Yes
  • Appliances Refrigerators: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Barn(s): Yes
  • Roof:Shake: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Oven, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Vaulted Ceiling(s)
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Patio, Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Other Structures: Barn(s), Shed(s)
  • Roof: Shake
  • View: Territorial
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pool2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, RV Access/Parking
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Heating: Electric, Forced Air, Oil
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Other
  • Water Source: Well
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Kennedy Elem
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 101930.4
  • Parcel #: 10194802
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: AD-MU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2755.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Smith Brian J
Bought by
Brian J And Connie R Smith Trust
Current Estimated Value
$607,234

Purchase Details

Listed on
Dec 15, 2014
Closed on
May 6, 2015
Sold by
Matheisen Mark K and Mattheisen Tamara Ann
Bought by
Smith Brian J and Smith Connie R
Seller's Agent
JJ Kramer
John L. Scott Medford
Buyer's Agent
Victor Buccina
John L. Scott Medford
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$208,676
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2010
Sold by
Mattheisen Mark K
Bought by
Mattheisen Mark K and Mattheisen Tamara Ann

Purchase Details

Closed on
Sep 1, 2009
Sold by
Mattheisen Mark K
Bought by
Mattheisen Mark K and Mattheisen Tamara Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Brian J And Connie R Smith Trust -- --
Smith Brian J $229,000 First American
Mattheisen Mark K -- None Available
Mattheisen Mark K -- None Available
Mattheisen Mark K -- None Available
Mattheisen Mark K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Brian J $208,676
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2015 05/11/15 Sold $229,000 -8.0% $121 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $249,000 -- $132 / Sq Ft
Source: Oregon Datashare

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
2026 $4,829 $337,170 -- --
2025 $4,713 $327,350 $120,730 $206,620
2024 $4,713 $317,820 $117,220 $200,600
2023 $3,629 $245,570 $105,530 $140,040
2022 $3,547 $245,570 $105,530 $140,040
2021 $3,446 $238,420 $102,460 $135,960
2020 $3,357 $231,480 $99,480 $132,000
2019 $2,861 $190,450 $93,770 $96,680
2018 $2,773 $184,910 $91,040 $93,870
2017 $2,706 $184,910 $91,040 $93,870
2016 $2,702 $174,310 $85,820 $88,490
2015 $2,588 $174,310 $85,820 $88,490
2014 $2,755 $164,320 $80,890 $83,430
Source: Public Records

Agents Affiliated with this Home

  • JJ Kramer

    Seller's Agent in 2015

    JJ Kramer

    John L. Scott Medford

    (541) 840-2992

    629 Total Sales

    JJ Kramer
    Section Image

  • V

    Buyer's Agent in 2015

    Victor Buccina

    John L. Scott Medford

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Map

Source: Oregon Datashare

MLS Number: 102952132

Oregon Datashare

APN: 10194802

Oregon Jackson County Central Point 97502

5170 Rainbow Dr, Central Point, OR

Not Listed for Sale

Detached

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