NOT LISTED FOR SALE

5170 Rainbow Dr Central Point, OR 97502

Estimated Value: $545,000 - $869,000

3 Beds
2 Baths
1,886 Sq Ft
$362/Sq Ft Est. Value

Last Sold May 11, 2015

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

Est. 197% increase in value since last sale

Current estimated payment $4,199/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

0

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: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
Total Days on Market
102
Current Estimated Value
$680,717

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
11.42%
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

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Range of Values:

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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
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
Previous Owner Mattheisen Bernard R $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

    653 Total Sales

    JJ Kramer
    Section Image

  • V

    Buyer's Agent in 2015

    Victor Buccina

    John L. Scott Medford

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102952132

Oregon Datashare

APN: 10194802

Oregon Jackson County Central Point 97502

5170 Rainbow Dr, Central Point, OR

This home is located at 5170 Rainbow Dr, Central Point, OR 97502 since 15 December 2014 and is currently estimated at $682,689, approximately $361 per square foot. This property was built in 1973. 5170 Rainbow Dr is a home located in Jackson County with nearby schools including Sams Valley Elementary School, Scenic Middle School, and Crater High School.

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