1250 Rainbow Dr, Springfield, OR 97477 Property Records

Lane County property record for 1250 Rainbow Dr, Springfield, OR 97477 · Last verified August 2026

Property Highlights

Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Architecture StyleMultifamily
Lot Size226,948 sqft (5.21 acres)

Property Details

APN / Parcel Number

Primary APN17-03-27-34-02602-000
Alternative APNs
  • 1703273402602
  • 0233500

Interior

Units160 Units

Exterior

Architectural StyleMultifamily Style
Lot Area226,948 sqft (5.21 acres)

Location & Zoning

Account Number0233500
Street Address1250 RAINBOW DR
CitySPRINGFIELD
StateOR
Zip97477-2852
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Multi-Family Dwellings
Legal DescriptionTL 02602
Legal Range03
Legal Township17
Legal Section27
Legal Lot Number2602
JurisdictionLANE OR
Minor Civil DivisionEUGENE-SPRINGFIELD
Census Blockgroup2
Census Block2000
Census Tract3201

Owner

Source: Lane County records · APN 17-03-27-34-02602-000

Assessment roll updated November 10, 2025 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address1250 RAINBOW DR, SPRINGFIELD, OR 97477-2852
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last Transfer DateMar 19, 2024
Transfer Doc0000007387
Record RefreshedSep 20, 2026

March 2024: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionLANE OR
Recording DateMar 19, 2024
Property Address1250 RAINBOW DR, SPRINGFIELD, OR 97477-2852
Document Number0000007387
Instrument DateMar 19, 2024
Instrument2024-007387
Transaction TypeTransfer
Record UpdatedMar 25, 2024
Title CompanyCASCADE TITLE CO

Transaction

Tax$0.00
Amount AccuracyZero or No Consideration Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1250 RAINBOW DR, SPRINGFIELD, OR 97477-2852

Mortgage

Document Number0000007388
DateMar 19, 2024
Instrument2024-007388
Lender
NameSUMMIT BANK
TypeBank
AddressEUGENE, OR 97401
Agreement
TypeLine of Credit
AmountAmount Recorded
Term36 Months
DueMar 15, 2027
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

Tax Assessment & Valuation

Source: Lane County records · Assessment roll updated November 10, 2025 · Last verified August 2026

Property Jurisdictions

TypeName
StateOregon
CountyLane County
MunicipalitySpringfield City
Unified School DistrictSpringfield School District 19 (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$5,483,843 (+6.09%)$8,458,153 (+5.06%) Land $3,458,833 Building $4,999,320
2023Additional exemption filed$5,169,049$8,050,872 Land $3,292,247 Building $4,758,625

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