For Sale65d on market
186 SW Rainbow Ave
Dallas, OR, 97338 • 97338 • Polk County
$355,000
$290/sqft
-$10,000 since Jan 29, 2026
Down payment assistance available
3Beds
1Baths
1,226Sqft
0.12 acLot
1944Built
Property DNA
Territorial Views
Territorial
Contemporary Style
Built 1944 · 82 years of history
Outdoor Living
Covered Patio
This home is getting attention
Listed 65 days ago · 582 views · 26 saves
Market activity
Demand and pricing signals for this listing
582 views
People checking out this listing
26 saves
Buyers have saved this home
65 days on market
Established listing
$290/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 24% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1944
Open House from 10 to 2 this Saturday 3/7/26. Broker Friendly! This beautiful remodel & addition were completed January 2026! New: electrical, plumbing, windows, HVAC, insulation, carpet, cabinetry, siding, paint, driveway, fencing, etc. Virtually everything is new! 3 bedroom, 1 bathroom. Beautiful kitchen with plenty of storage and counter space! New bathroom includes double sink vanity and tons of storage! Large laundry room! Finished mudroom in front and back. Fully fenced, private back yard. New covered patio. Huge driveway with plenty of parking!
Standout features identified
Our analysis highlights new covered patio, large laundry room, and beautiful remodel as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,255/month
Principal & Interest$1,781
Property Tax$355
Insurance$118
Down payment20% ($71,000)
3%50%
Est. 6.43% rate · 30yr fixed · $284,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1944
HeatingHeat Pump
CoolingHeat Pump
ParkingOpen Parking
Lot5,227 sqft
Days on Zillow65 Days
Price/sqft$290
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleContemporary
ConditionResale
Year built1944
Stories1
Systems
HeatingHeat Pump
CoolingHeat Pump
RoofComposition
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway, On Street
BasementNone
Lot5,227 sqft
Location & Tax
Neighborhood97338
Annual tax$1,367
Parcel129572
Bathrooms & Fees
Full baths1
Features & details
14 categories of property features
Interior Features
Appliances
Microwave
Electric Water Heater
Flooring
Laminate
Vinyl
Wall to Wall Carpet
Heating
Heat Pump
Cooling
Heat Pump
Windows
Double Pane Windows
Vinyl Frames
Accessibility
One Level
Accessibility
Exterior Features
Exterior
Yard
Parking
Driveway
On Street
Construction
Wood Siding
Patio & Porch
Covered Patio
Lot Features
Level
SqFt 5000 to 6999
Security
None
Views
Territorial
Utilities
Cable Connected
Room details
6 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
MainDining Room
MainKitchen
MainLiving Room
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market65
Est. value$354,000
Est. rent$1,987/mo
Tax rate0.80%
Price/sqft$290
On marketJan 21, 2026
PostedJan 21, 2026
Last sold$195,000
MLS statusActive
MLS updatedMar 26, 2026
Tour days9
Views582
Favorites26
How are the schools in Dallas?
3 schools rated nearby
Location
Dallas, OR, 97338
Price history
5 events
DateEventPrice$/sqftSource
Jan 29, 2026Price Change$355,000$290RMLS (OR)
Jan 21, 2026Price Change$365,000$298RMLS (OR)
Nov 11, 2025Pending Sale$345,000$281Owner
Nov 3, 2025Listed For Sale$345,000$281Owner
Jul 22, 2025Sold$195,000$159Public Record
Price Change$355,000
Jan 29, 2026•$290/sqft•RMLS (OR)
Price Change$365,000
Jan 21, 2026•$298/sqft•RMLS (OR)
Pending Sale$345,000
Nov 11, 2025•$281/sqft•Owner
Listed For Sale$345,000
Nov 3, 2025•$281/sqft•Owner
Sold$195,000
Jul 22, 2025•$159/sqft•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Mar 27, 2024$1,327$94,080
Mar 27, 2023$1,276$91,340
Mar 27, 2022$1,243$88,680
Mar 27, 2021$1,209$86,100
Mar 27, 2020$1,174$83,600
Mar 27, 2019$1,140$81,170
Mar 27, 2018$1,140$78,810
Mar 27, 2017$1,137$76,520
Mar 27, 2016$1,093$74,300
Mar 27, 2015$1,100$72,140
Mar 27, 2014$1,084$70,040
Mar 27, 2013$1,024$68,000
Mar 27, 2012$996$66,020
Mar 27, 2011$976$64,100
Mar 27, 2010$935$62,240
Mar 27, 2009$899$60,430
Mar 27, 2008$849$58,670
Mar 27, 2007$857$56,970
Mar 27, 2006$835$55,320
Mar 27, 2005$829$53,710
Mar 27, 2004$806$52,150
Mar 27, 2002$748$49,170
Mar 27, 2001$733$47,740
Mar 27, 2000$710$46,350
Nearby homes
Neighborhood details
Local context around this listing
Dallas, OR • Polk County
Nearby cities
DallasEolaFalls CityGrand RondeIndependenceMonmouthRickreallSheridan
Nearby zip codes
97338
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