NOT LISTED FOR SALE

7004 Rainbow Dr SE Salem, OR 97306

Salem Hills Neighborhood

Estimated Value: $667,440 - $686,000

3 Beds
2 Baths
4,347 Sq Ft
$156/Sq Ft Est. Value

About This Home

This home is located at 7004 Rainbow Dr SE, Salem, OR 97306 and is currently estimated at $676,720, approximately $155 per square foot. 7004 Rainbow Dr SE is a home with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Mccain Jim J and Mccain Elizabeth L
Bought by
Mccain Jim J and Mccain Elizabeth L
Current Estimated Value
$676,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2017
Sold by
Mccain Jim J and Mccain Elizabeth L
Bought by
Mccain Jim J and Mccain Elizabeth L

Purchase Details

Closed on
Oct 1, 2010
Sold by
Mccain Jim J and Mccain Elizabeth L
Bought by
Mccain Jim J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Mccain Jim J
Bought by
Mccain Jim J and Mccain Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.83%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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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
Mccain Jim J -- First American Title
Mccain Jim J -- None Available
Mccain Jim J -- Amerititle
Mccain Jim J -- Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccain Jim J $114,000
Closed Mccain Jim J $132,000
Closed Mccain Jim J $250,000
Closed Mccain Jim J $100,000
Closed Mccain Jim J $135,000
Closed Mccain Jim J $75,000
Source: Public Records

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
2024 $4,294 $338,340 -- --
2023 $4,191 $328,490 $0 $0
2022 $3,965 $318,930 $0 $0
2021 $3,862 $309,650 $0 $0
2020 $3,758 $300,640 $0 $0
2019 $3,621 $291,890 $0 $0
2018 $3,685 $0 $0 $0
2017 $3,229 $0 $0 $0
2016 $3,081 $0 $0 $0
2015 $3,118 $0 $0 $0
2014 $2,969 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97306 Salem Hills

7004 Rainbow Dr SE, Salem, OR

This home is located at 7004 Rainbow Dr SE, Salem, OR 97306 and is currently estimated at $676,720, approximately $155 per square foot. 7004 Rainbow Dr SE is a home with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

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.

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