7281 Rainbow Dr SE, Salem, OR 97306 Property Records

Marion County property record for 7281 Rainbow Dr SE, Salem, OR 97306

Property Summary

Property Type	Rural Home
Details	4 bd · 2 ba · 8,468 sqft · built 2017
Lot Size	4.93 acres (214,751 sqft)
Owner	2 Individual Names on File
Last Sale	$550,000 (Oct 2023)
Tax Bill	$6,090 (2025)
Deeds & Mortgages	Apr 2025 Mortgage Oct 2023 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`083W27A 02100`

Property Details

APN / Parcel Number

Primary APN	`083W27A 02100`
Alternative APNs	`083W27A002100` `561444`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Half Baths	2 Half Baths
Stories	1 Story
Building Area	8,468 sqft Living Area
Gross Area	8,948 sqft
1st Floor Area	1,334 sqft
2nd Floor Area	1,008 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2017
Effective Year Built	Effective 2017
Roof Type	Gable
Roof Material	Metal
Lot Area	214,751 sqft (4.93 acres)
View / Lot	Hill/Valley

Exterior Amenities

Shed	1 Shed
Shed Area	500 sqft
Lean-To	260 sqft
Pole Barn	500 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Heating System	Baseboard
Heating Fuel	Oil

Location & Zoning

Account Number	561444
Street Address	7281 RAINBOW DR SE
City	SALEM
State	OR
Zip	97306-9524
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Local Zoning Code	SA
Legal Description	SUNNYSIDE FRUIT FARMS NO 7 LOT 12 ACRES 4.93
Legal Range	03W
Legal Township	08S
Legal Section	27
Legal Subdivision	SUNNYSIDE FRUIT FARMS NO 7
Legal Lot Number	12
Jurisdiction	MARION OR
Township / Civil Division	SALEM
Census Block Group	2
Census Block	2021
Census Tract	2800

Owner

7281 Rainbow Dr SE, a rural home, is owned by two individuals who bought it in October 2023.

Source: Marion County records, as of May 20, 2026

Owner of Record	2 Individual Names on File
Mailing Address	5125 MOUNTAIN CREST WAY S, SALEM, OR 97302-9456
Owner Type	Individual
Vesting	Tenants by the Entirety

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Apr 21, 2025	Deed of Trust, Mortgage · Conventional Mortgage LOWER LLC
Oct 6, 2023	Warranty Deed, Transfer · Stand-Alone First Mortgage TEENA NASH
Oct 6, 2023	Warranty Deed, Transfer · Stand-Alone First Mortgage TEENA NASH

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 6, 2023 · Amount on File
Deed Sale	Oct 6, 2023 · Amount on File
Prior Sale	Jul 15, 2022 · Amount on File
Deed Document Number	202330374
Prior Transfer Date	Nov 6, 2014
Prior Transfer Doc	3651000210
Record Updated	Sep 20, 2026

April 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION OR
Property Address	7281 RAINBOW DR SE, SALEM, OR 97306-9524
Transaction Type	Mortgage
Record Updated	Jan 15, 2026
Title Company	AMERITITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5125 MOUNTAIN CREST WAY S, SALEM, OR 97302-9456

Mortgage

Document Number	0202511537
Date	Apr 21, 2025
Instrument	2025-11537

Lender

Name	LOWER LLC
Type	Mortgage Company
Address	COLUMBIA, MD 21044

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2055

October 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION OR
Recording Date	Oct 6, 2023
Property Address	7281 RAINBOW DR SE, SALEM, OR 97306-9524
Document Number	0202330374
Instrument Date	Oct 4, 2023
Instrument	2023-30374
Transaction Type	Transfer
Record Updated	Apr 11, 2024
Title Company	FIRST AMERICAN

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	5125 MOUNTAIN CREST WAY S, SALEM, OR 97302-9456

Mortgage

Document Number	0202330375
Date	Oct 6, 2023
Instrument	2023-30375

Lender

Name	TEENA NASH
Type	Private Party

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record
Term	12 Months
Due	Oct 5, 2024

October 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION OR
Recording Date	Oct 6, 2023
Property Address	7281 RAINBOW DR SE, SALEM, OR 97306-9524
Document Number	0202330374
Instrument Date	Oct 4, 2023
Instrument	2023-30374
Transaction Type	Transfer
Record Updated	Jan 15, 2026
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	5125 MOUNTAIN CREST WAY S, SALEM, OR 97302-9456

Mortgage

Document Number	0202330375
Date	Oct 6, 2023
Instrument	2023-30375

Lender

Name	TEENA NASH
Type	Private Party

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record
Term	12 Months
Due	Oct 5, 2024

Tax Assessment & Valuation

The 2025 property tax bill for 7281 Rainbow Dr SE was $6,090, up 128.4% from the year before.

Source: Marion County assessment roll, as of November 10, 2025

Property Jurisdictions

Type	Name
State	Oregon
County	Marion County
Unified School District	Salem-Keizer School District 24J (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,090.00 (+128.43%)	$479,825 (+128.41%)	$1,114,090 (+99.18%) Land $379,020 Building $735,070
2024	$2,666.00 (+7.72%)	$210,072 (+8.25%)	$559,330 (+13.72%) Land $357,960 Building $201,370
2023	$2,475.00 (+2.53%)	$194,059 (+3%)	$491,870 (+39.25%) Land $288,060 Building $203,810
2022	$2,414.00	$188,408	$353,240 Land $153,770 Building $199,470

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 7281 Rainbow Dr SE in Zone X, an area of minimal flood risk, though there have been 11 flood claims nearby since 1996.

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	2 in force
Nearby Flood Claims	11 (1996–2012)
Claims Outside the SFHA	11 of 11
Most Recent Claim	Jan 2012 · Severe Winter Storm, Flooding, Landslides, And Mudslides
Claims by Event	Severe Winter Storm, Flooding, Landslides, And Mudslides, Jan 2012 · 5 claims High Winds, Severe Storms And Flooding, Feb 1996 · 6 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 7281 Rainbow Dr SE is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 25 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30

May also be available: Hunter Communications, T-Mobile.

Cell Coverage

5G (outdoors only) and 4G LTE

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