For Sale218d on market
221 SW Rainbow Ave
Dallas, OR, 97338 • 97338 • Polk County
$400,000
$224/sqft
-$20,000 since Feb 26, 2026
Down payment assistance available
3Beds
2Baths
1,786Sqft
0.17 acLot
1951Built
Property DNA
Traditional Style
Built 1951 · 75 years of history
Outdoor Living
Covered Deck · Deck
Shed(s)
Shed(s)
1-Car Garage
Detached
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 218 days ago · 1,636 views · 103 saves
Market activity
Demand and pricing signals for this listing
1,636 views
People checking out this listing
103 saves
Buyers have saved this home
218 days on market
Established listing
$224/sqft
Price per square foot
About this home
Single Family · Built 1951
Well-kept Dallas home offering comfort, space and investment potential. Features 3 beds, 2 baths, open living area and storage-filled kitchen. Spacious, private backyard perfect for entertaining or gardening. Garage is partially converted ADU with 2nd bath, kitchenette and walk-in closet. County records show 2 beds/1 bath, 1258 SqFt - buyer to do due diligence. Close to schools, shopping and parks. Don't miss this opportunity!
Standout features identified
Our analysis highlights spacious private backyard and storage-filled kitchen as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,540/month
Principal & Interest$2,007
Property Tax$400
Insurance$133
Down payment20% ($80,000)
3%50%
Est. 6.43% rate · 30yr fixed · $320,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1951
HeatingBaseboard, Zoned
CoolingNone
Parking1 Garage space
Lot7,405 sqft
Days on Zillow218 Days
Price/sqft$224
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
Year built1951
Stories2
Systems
HeatingBaseboard, Zoned
CoolingNone
RoofComposition
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDetached
Garage1 spaces
BasementNone
Lot7,405 sqft
Location & Tax
Neighborhood97338
Annual tax$2,306
Parcel133744
Features & details
6 categories of property features
Interior Features
Flooring
Carpet
Hardwood
Heating
Baseboard
Zoned
Cooling
None
Exterior Features
Parking
Detached
Patio & Porch
Covered Deck
Deck
Other Structures
Shed(s)
Listing insights
Market data and value estimates
StatusFor Sale
Days on market218
Est. value$399,100
Est. rent$2,221/mo
Tax rate0.80%
Price/sqft$224
On marketAug 20, 2025
PostedAug 20, 2025
Last sold$192,000
MLS statusActive
MLS updatedMar 10, 2026
Tour days9
Views1,636
Favorites103
How are the schools in Dallas?
3 schools rated nearby
Location
Dallas, OR, 97338
Price history
27 events
DateEventPrice$/sqftSource
Feb 26, 2026Price Change$400,000$224WVMLS
Jan 27, 2026Price Change$420,000$235WVMLS
Sep 22, 2025Price Change$425,000$238WVMLS
Sep 12, 2025Price Change$435,000$244WVMLS
Aug 20, 2025Listed For Sale$445,000$249OCMLS
Jul 8, 2025Listing Removed——Owner
Mar 25, 2025Listed For Sale$449,000$251Owner
Oct 26, 2024Listing Removed$2,499$1Zillow Rentals
Oct 3, 2024Price Change$2,499$1Zillow Rentals
Aug 23, 2024Price Change$2,549$1Zillow Rentals
Jul 25, 2024Listed For Rent$2,600$1Zillow Rentals
Apr 11, 2024Listing Removed——Zillow Rentals
Apr 2, 2024Listed For Rent$2,600$1Zillow Rentals
May 11, 2023Listing Removed——Zillow Rentals
Apr 30, 2023Price Change$2,500$1Zillow Rentals
Apr 21, 2023Listed For Rent$2,600$1Zillow Rentals
Jul 17, 2017Sold$192,000$108Public Record
Feb 28, 2017Sold$83,000$46RMLS (OR)
Feb 17, 2017Pending Sale$99,900$56Northwest Property Sales LLC
Feb 15, 2017Listed For Sale$99,900$56Northwest Property Sales LLC
Nov 20, 2015Listing Removed$87,500$49Owner
Nov 18, 2015Listed For Sale$87,500$49Owner
Mar 22, 2013Sold$62,000$35Public Record
Jan 19, 2013Price Change$62,000$35MARK ATKINSON REAL ESTATE INC.
Jan 16, 2013Listed For Sale$80,000$45MARK ATKINSON REAL ESTATE INC.
Dec 10, 2011Listing Removed$115,566$65Windermere Western View Properties
Apr 28, 2006Sold$144,000$81Public Record
Price Change$400,000
Feb 26, 2026•$224/sqft•WVMLS
Price Change$420,000
Jan 27, 2026•$235/sqft•WVMLS
Price Change$425,000
Sep 22, 2025•$238/sqft•WVMLS
Price Change$435,000
Sep 12, 2025•$244/sqft•WVMLS
Listed For Sale$445,000
Aug 20, 2025•$249/sqft•OCMLS
Listing Removed—
Jul 8, 2025•Owner
Listed For Sale$449,000
Mar 25, 2025•$251/sqft•Owner
Listing Removed$2,499
Oct 26, 2024•$1/sqft•Zillow Rentals
Price Change$2,499
Oct 3, 2024•$1/sqft•Zillow Rentals
Price Change$2,549
Aug 23, 2024•$1/sqft•Zillow Rentals
Listed For Rent$2,600
Jul 25, 2024•$1/sqft•Zillow Rentals
Listing Removed—
Apr 11, 2024•Zillow Rentals
Listed For Rent$2,600
Apr 2, 2024•$1/sqft•Zillow Rentals
Listing Removed—
May 11, 2023•Zillow Rentals
Price Change$2,500
Apr 30, 2023•$1/sqft•Zillow Rentals
Listed For Rent$2,600
Apr 21, 2023•$1/sqft•Zillow Rentals
Sold$192,000
Jul 17, 2017•$108/sqft•Public Record
Sold$83,000
Feb 28, 2017•$46/sqft•RMLS (OR)
Pending Sale$99,900
Feb 17, 2017•$56/sqft•Northwest Property Sales LLC
Listed For Sale$99,900
Feb 15, 2017•$56/sqft•Northwest Property Sales LLC
Listing Removed$87,500
Nov 20, 2015•$49/sqft•Owner
Listed For Sale$87,500
Nov 18, 2015•$49/sqft•Owner
Sold$62,000
Mar 22, 2013•$35/sqft•Public Record
Price Change$62,000
Jan 19, 2013•$35/sqft•MARK ATKINSON REAL ESTATE INC.
Listed For Sale$80,000
Jan 16, 2013•$45/sqft•MARK ATKINSON REAL ESTATE INC.
Listing Removed$115,566
Dec 10, 2011•$65/sqft•Windermere Western View Properties
Sold$144,000
Apr 28, 2006•$81/sqft•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Mar 27, 2024$2,306$163,470
Mar 27, 2023$2,218$158,710
Mar 27, 2022$2,159$154,090
Mar 27, 2021$2,100$149,610
Mar 27, 2020$2,040$145,260
Mar 27, 2019$1,981$141,030
Mar 27, 2018$1,981$136,930
Mar 27, 2017$1,976$132,950
Mar 27, 2016$1,898$129,080
Mar 27, 2015$1,901$125,330
Mar 27, 2014$1,848$121,680
Mar 27, 2013$1,706$116,460
Mar 27, 2012$1,774$118,140
Mar 27, 2011$1,747$114,700
Mar 27, 2010$1,672$111,360
Mar 27, 2009$1,608$108,120
Mar 27, 2008$1,519$104,980
Mar 27, 2007$1,533$101,930
Mar 27, 2006$1,493$98,970
Mar 27, 2005$1,484$96,090
Mar 27, 2004$1,441$93,300
Mar 27, 2002$1,338$87,960
Mar 27, 2001$1,311$85,400
Mar 27, 2000$1,270$82,920
Nearby homes
Neighborhood details
Local context around this listing
Dallas, OR • Polk County
Nearby cities
DallasEolaFalls CityGrand RondeIndependenceMonmouthRickreallSheridan
Nearby zip codes
97338
Similar homes
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