Off Market1536d on market

118 Rainier Dr SE

Salem, OR, 97306 • South Gateway • Marion County

$758,400

$281/sqft

3Baths

2,702Sqft

0.2 acLot

2021Built

Market activity

Demand and pricing signals for this listing

6 views

People checking out this listing

1536 days on market

Established listing

$281/sqft

Price per square foot

About this home

Single Family · Built 2021

This is a 2702 square foot, 3.0 bathroom, single family home. This home is located at 118 Rainier Dr SE, Salem, OR 97306.

Estimated monthly payment

Based on current rates

$4,692/month

Principal & Interest$3,681

Property Tax$758

Insurance$253

Down payment20% ($151,680)

3%50%

Est. 6.11% rate · 30yr fixed · $606,720 loan

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At a glance

Key facts and listing details

TypeSingleFamily

Year Built2021

ParkingNo Data

Lot8,712 sqft

Property

Home typeSingle Family

Year built2021

Parking & Outdoor

BasementPartially finished

Lot8,712 sqft

Location & Tax

NeighborhoodSouth Gateway

Annual tax$7,282

Parcel354099

Listing insights

Market data and value estimates

StatusOff Market

Days on market1536

Est. value$758,400

Est. rent$3,141/mo

Tax rate0.81%

Price/sqft$281

Last sold$699,000

Tour days6

How are the schools in Salem?

3 schools rated nearby

Sumpter Elementary School

Elementary • Public • K-5

0.7 mi

Crossler Middle School

Middle • Public • 6-8

0.2 mi

Sprague High School

High • Public • 9-12

1.3 mi

Location

Salem, OR, 97306

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Price history

5 events

DateEventPrice$/sqftSource

Jan 19, 2022Sold$699,000$259RMLS (OR)

Dec 19, 2021Pending Sale$699,000$259RMLS (OR)

Nov 23, 2021Price Change$699,000$259RMLS (OR)

Oct 28, 2021Listed For Sale$748,000$277RMLS (OR)

Dec 10, 2020Sold$95,000$35Public Record

Sold$699,000

Jan 19, 2022•$259/sqft•RMLS (OR)

Pending Sale$699,000

Dec 19, 2021•$259/sqft•RMLS (OR)

Price Change$699,000

Nov 23, 2021•$259/sqft•RMLS (OR)

Listed For Sale$748,000

Oct 28, 2021•$277/sqft•RMLS (OR)

Sold$95,000

Dec 10, 2020•$35/sqft•Public Record

Tax history

9 years of records

YearTax paidAssessed value

Apr 5, 2025$7,282$354,450

Apr 5, 2024$6,757$344,130

Apr 5, 2023$6,558$324,380

Apr 5, 2022$6,374$324,380

Apr 5, 2021$1,316$66,920

Apr 5, 2020$1,277$63,090

Apr 5, 2019$1,233—

Apr 5, 2018$1,217—

Apr 5, 2017$1,217—

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Neighborhood details

Local context around this listing

Salem, OR • Marion County

Nearby neighborhoods

East LancasterFaye WrightFour CornersHayesvilleMorningsideNorth LancasterNorthgateSouth GatewaySoutheast Mill CreekWest Salem

Nearby cities

AumsvilleAuroraHubbardJeffersonKeizerSalemSilvertonStayton

Nearby zip codes

97301973029730497305973069730897309973109731297317

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Value estimates

Live

Est. value$758,400

Est. rent$3,141/mo

30yr rate est.6.11%

Affordability$4,453/mo

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