NOT LISTED FOR SALE

55 E Rainbow Rd Waldport, OR 97394

Estimated Value: $336,000 - $382,000

3 Beds
1 Bath
1,144 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2023

Last sale price $300,000 $262 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,145 / mo

17 Days on Market

Highlights

  • Water Views
  • RV Access or Parking
  • Deck
  • Greenhouse
  • River Nearby
  • Traditional Architecture

About This Home

As of March 2023

Back on market - Cozy 3 bedroom 1 bath home conveniently located just 4 miles from town. This beautiful piece of property overlooks the river and sits on .90 acre. Enjoy the river views from the living room or the back deck. The apple tree orchard brings in elk and deer. Home is being sold AS-IS, CASH BUYERS ONLY. Listing broker is related to seller. County states 2 bedroom, but home has 3. Septic system is rated for 2 bedroom.

Last Agent to Sell the Property

Whitney Beyer

HomeSmart Realty Group License #201223189 Listed on: 01/13/2023

HomeSmart Realty Group

Last Buyer's Agent

Amy Boynton

Coldwell Banker Professional Group - Newport License #201226825

Coldwell Banker Professional Group - Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1950

Lot Details

  • 39,204 Sq Ft Lot
  • Property is zoned RR Rural Residential

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • EPA Certified Wood Stove
  • Living Room
  • Dining Room
  • Utility Room
  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • River Nearby
  • Deck
  • Covered Patio or Porch
  • Greenhouse
  • Shed

Utilities

  • Heating System Uses Wood
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R46216

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1950

Lot Details

0.9 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Lot Size Sq Ft: 39204.0
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: East on highway 34, turn right on Rainbow Rd, home is on the first left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1950
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace Features: EPA Certified Wood Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Fireplace Features: EPA Certified Wood Stove

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Greenhouse, Shed(s)
  • Roof: Metal
  • Foundation Details: Concrete Perimeter
  • Other Structures: Greenhouse, Shed(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached Garage, RV Access/Parking
  • Parking Features: Detached Garage, RV Access/Parking

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Heating: Oil, Wood

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: R46216
  • Zoning: RR Rural Residential

Tax Info

  • Tax Annual Amount: 1920.0
  • Tax Lot: 3200
  • Tax Map Number: R46216
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 13, 2023
Sold by
Bought by
Seller's Agent
Whitney Beyer
HomeSmart Realty Group
Buyer's Agent
Amy Boynton
Coldwell Banker Professional Group - Newport
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
280
Current Estimated Value
$363,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,169
Avg. Annual Appreciation
6.02%
Original Mortgage
$245,000
Outstanding Balance
$98,575
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$264,594

Purchase Details

Closed on
Jul 22, 2008
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Western Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $245,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $300,000 -14.3% $262 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $350,000 -- $306 / Sq Ft
Source: Oregon Coast Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,243 $157,150 -- --
2024 $2,102 $152,580 -- --
2023 $2,040 $148,140 $0 $0
2022 $1,968 $143,830 $0 $0
2021 $1,920 $139,650 $0 $0
2020 $1,886 $135,590 $0 $0
2019 $1,814 $131,650 $0 $0
2018 $1,785 $127,820 $0 $0
2017 $1,724 $124,100 $0 $0
2016 $1,680 $120,490 $0 $0
2015 $1,381 $116,990 $0 $0
2014 $1,336 $113,590 $0 $0
2013 -- $110,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    Whitney Beyer

    HomeSmart Realty Group

    Section Image

  • A

    Buyer's Agent in 2023

    Amy Boynton

    Coldwell Banker Professional Group - Newport

    (503) 538-0468

    33 Total Sales

    Amy Boynton
    Section Image
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Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-97659

Oregon Coast Multiple Listing Service

APN: R46216

Oregon Lincoln County Waldport 97394

55 E Rainbow Rd, Waldport, OR

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Oregon Coast Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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