14 days on rocket

25515 SW Rainbow Ln, Hillsboro, OR, 97123

$545,000

Home List Price

$6,472*

Closing Credit

3 Bedrooms
2 Full Baths
1,536 SqFt
$355/SqFt
House
Schools Nearby

Location

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25515 SW Rainbow Ln, Hillsboro$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway
Garage1 space
Year Built1953
HeatingForced Air
WaterfrontRiver Front
FireplaceWood Burning
ViewRiver, Trees/Woods
MLS #24623766
Lot Size1.34 Acres
StatusActive

About 25515 SW Rainbow Ln

Light fixer in quiet neighborhood on 1.3 acres on the Tualatin River! 3bed, 2bath over 1500sqft with carport. Living room with wood burning FP insert, Large open kitchen that opens to Dining and Family Room. Primary Suite with bathroom and slider to deck overlooking the river. Second Deck off family room perfect for your summer BBQ's! Close to schools, parks and nearby city attractions. Solar Panels for maximum energy efficiency-fully paid for. RV hook-up, Renovated bathrooms and flooring, Fruit trees, play structure, outbuilding sheds included. Fridge, Washer/Dryer included. Take in the scenery or enjoy canoeing, fishing or gardening- this property is waiting for you to call it home! Enjoy Eagles Landing park steps away for boat launch. 3 tax lots included.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Ranch
  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: Jim McNeeley Real Estate
  • Office Phone: (503) 292-8125
  • Listing Agent: Michelle Hayes

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Basement: No
  • Flooring Type: Wood
  • Interior: Washer/Dryer
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: River, Trees/Woods
  • Exterior: Deck, Outbuilding, Porch, RV Parking, Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Carport, Driveway

Lot Features

Lot Information:

  • Lot Size: 1.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Hillsboro High School, Public District Grades 9-12
  • South Meadows Middle School, Public District Grades 7-8
  • Groner Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: 210 to Rainbow Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $355/SqFt

Tax Information:

  • Annual Amount: $3,440
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hillsboro, OR.

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Hillsboro, OR

City

Med. Sold Price

$536.5K

Med. Price/SqFt

$312

Avg. Days On Market

35

# of Sold Homes

86

25515 SW Rainbow Ln vs Hillsboro

14 DAYS ON ROCKET

-21 Days

$545,000

+$8.4K More

$355/SqFt

+$42 More

KEY TAKEAWAY

This property is $8.4K more than the Median Sold Price and $42/SqFt more than other homes in Hillsboro, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24623766

Listing Office:

  • Office Name: Jim McNeeley Real Estate
  • Office Phone: (503) 292-8125
  • Listing Agent: Michelle Hayes

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 12:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 17, 2018Home Sold
$385,000
Jul 02, 2018Home Sold
$385,000
Nov 30, 2011Home Sold
$206,000
May 09, 2008Home Sold
$264,100
Dec 12, 1996Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,440$244,020
2019$3,243$236,920
2017$3,033$223,330

History based on county public records data.

Payment Calculator

$2,788

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5649081
5
/10

  • Groner Elementary School

  • 23405 SW Scholls Ferry Rd

  • 0.87 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5649082
3
/10

  • South Meadows Middle School

  • 4960 Se Davis Rd

  • 5.33 miles

  • Public District Grades 7-8

High School

school-card-donut-5649083
6
/10

  • Hillsboro High School

  • 3285 SE Rood Bridge Rd

  • 5.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,195. The most common annual income of people living in Hillsboro, OR is between $35k-100k. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25515 SW Rainbow Ln

What is the listing price of this property?

The listing price of 25515 SW Rainbow Ln property is $545,000.

What type of property is this?

The property 25515 SW Rainbow Ln is a house located in Hillsboro, Oregon, 97123.

Is this property for sale now?

Active Listing: 25515 SW Rainbow Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 25515 SW Rainbow Ln are:
Groner Elementary School: GreatSchools Rating 5/10
South Meadows Middle School: GreatSchools Rating 3/10
Hillsboro High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,440 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 17, 2018 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 25515 SW Rainbow Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 25515 SW Rainbow Ln is 1,536 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25515 SW Rainbow Ln is 1953.

Rocket Homes›Oregon›Washington County›Hillsboro›97123›25515 SW Rainbow Ln

This home is located at 25515 SW Rainbow Ln in Hillsboro, OR and zip code 97123. This 1,536 square foot home, which was built in 1953, sits on a 1.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $545,000.

Over 31 listings were sold over their listed price in April 2024 in Hillsboro, OR. In the same period over 30 listings were sold below the listed price and 25 listings were sold for the listed price. In April 2024 in Hillsboro, OR there were 19% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $536,500, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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