82 E Rainbow Rd Waldport, OR 97394
Estimated payment $3,696/month
Highlights
- Vaulted Ceiling
- No HOA
- Forced Air Cooling System
- Traditional Architecture
- Covered Patio or Porch
- Living Room
About This Home
This home is rich in history and vintage charm, awaiting someone with a vision to restore it to its full potential. When you step inside, you're greeted by vaulted ceilings, rich wood paneling, and large windows that frame a breathtaking view of the Alsea River. A separate studio provides additional space for creativity or guests. Situated on a generous parcel of marketable timber, the property offers as much potential as the home does. The yard boasts a variety of mature trees, including apple, cherry, peach, pear, bay leaf, and rosemary, complemented by blooming roses and rhododendrons. Grow your own food! Elk and deer are frequent visitors. This property is a haven for outdoor enthusiasts seeking privacy, tranquility, and a serene natural setting.
Listing Agent
Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #201255172 Listed on: 09/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,444
Year Built
- Built in 1978
Lot Details
- 2.77 Acre Lot
- Property is zoned RR-5 Rural 5 acre
Home Design
- Traditional Architecture
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,307 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Living Room
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Covered Patio or Porch
- Shed
Utilities
- Forced Air Cooling System
- No Cooling
- No Heating
- Electricity To Lot Line
- Natural Gas Not Available
- Well
- Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 315
- Assessor Parcel Number 131127B-315-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,444 | $253,180 | -- | -- |
| 2023 | $3,341 | $245,810 | $0 | $0 |
| 2022 | $3,222 | $238,660 | $0 | $0 |
| 2021 | $3,142 | $231,710 | $0 | $0 |
| 2020 | $3,085 | $224,970 | $0 | $0 |
| 2019 | $2,933 | $218,420 | $0 | $0 |
| 2018 | $2,918 | $212,060 | $0 | $0 |
| 2017 | $2,655 | $199,670 | $0 | $0 |
| 2016 | $2,764 | $205,890 | $0 | $0 |
| 2015 | $2,252 | $199,900 | $0 | $0 |
| 2014 | $2,173 | $193,550 | $0 | $0 |
| 2013 | -- | $194,080 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $650,000 | -- | $282 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $160,000 | First American | |
| Interfamily Deed Transfer | -- | Ticor Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $152,000 | New Conventional | |
| Previous Owner | $130,000 | New Conventional |
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 25-2071
APN: R438860
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