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For sale by owner
    • Price cut: $4K (8/11)
    $395,000

    221 SW Rainbow Ave, Dallas, OR 97338

    3beds
    1,700sqft
    : 
    $2,668/mo
    Get pre-qualified
    SingleFamily
    Built in 1951
    7,000 Square Feet Lot
    $-- Zestimate®
    $232/sqft
    $-- HOA

    What's special

    Covered deckLarge attached covered porchLarge kitchenLaundry roomAttached breezeway
    PLEASE DO NOT DISTURB WORKERS WHILE UPDATING. Beautiful and modern 3 Bedroom 2 bathroom. Huge, fenced back yard and covered deck & 2 bonus rooms. This home is truly a perfect find. The second floor has a large space separated by a door, could be used as 2 bedrooms, or additional office space with a connected bedroom. Downstairs hosts 2 bedrooms and a bathroom, a large kitchen, living room, dining, and laundry room. Then an attached breezeway to a space that is a modified garage that was used as an in law suite as it has its own large bathroom, sink area with cabinet space and oversized closet. This space has its own entrance and small patio. It maintains the garage door and could also be used as a garage. Home has a large attached covered porch. A large, fenced backyard completes the home with planter boxes and fruit trees. Please TEXT/EMAIL OWNER direct to schedule showing. This is a For Sale By Owner Listing.
    45 days
    |
    777
    |
    56
    |
    Listed by:

    Property Owner (503) 560-1979

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Appliances
      • Laundry: Hookups
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 1,700 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      Features
      • Exterior features: Metal
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 7,000 Square Feet
      Details
      • Parcel number: 133744

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1951

      Community & HOA

      Location
      • Region: Dallas

      Financial & listing details

      • Price per square foot: $232/sqft
      • Tax assessed value: $368,880
      • Annual tax amount: $2,376
      • Date on market: 7/3/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,483/mo

        Price history

        DateEventPrice
        8/11/2026Price change$395,000-1%$232/sqft
        Source: Owner Report a problem
        8/8/2026Listed for sale$399,000$235/sqft
        Source: Owner Report a problem
        8/4/2026Pending sale$399,000$235/sqft
        Source: Owner Report a problem
        7/3/2026Price change$399,000-0.3%$235/sqft
        Source: Owner Report a problem
        5/27/2026Pending sale$400,000$235/sqft
        Source: Oregon Datashare #220208019 Report a problem
        5/25/2026Contingent$400,000$235/sqft
        Source: WVMLS #831291 Report a problem
        2/26/2026Price change$400,000-4.8%$235/sqft
        Source: WVMLS #831291 Report a problem
        1/27/2026Price change$420,000-1.2%$247/sqft
        Source: WVMLS #831291 Report a problem
        9/22/2025Price change$425,000-2.3%$250/sqft
        Source: WVMLS #831291 Report a problem
        9/12/2025Price change$435,000-2.2%$256/sqft
        Source: WVMLS #831291 Report a problem
        8/20/2025Listed for sale$445,000-0.9%$262/sqft
        Source: OCMLS #25-1882 Report a problem
        7/8/2025Listing removed--
        Source: Owner Report a problem
        3/25/2025Listed for sale$449,000+133.9%$264/sqft
        Source: Owner Report a problem
        10/26/2024Listing removed$2,499$1/sqft
        Source: Zillow Rentals Report a problem
        10/3/2024Price change$2,499-2%$1/sqft
        Source: Zillow Rentals Report a problem
        8/23/2024Price change$2,549-2%$1/sqft
        Source: Zillow Rentals Report a problem
        7/25/2024Listed for rent$2,600$2/sqft
        Source: Zillow Rentals Report a problem
        4/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/2/2024Listed for rent$2,600+4%$2/sqft
        Source: Zillow Rentals Report a problem
        5/11/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/30/2023Price change$2,500-3.8%$1/sqft
        Source: Zillow Rentals Report a problem
        4/21/2023Listed for rent$2,600$2/sqft
        Source: Zillow Rentals Report a problem
        7/17/2017Sold$192,000+131.3%$113/sqft
        Source: Public Record Report a problem
        2/28/2017Sold$83,000-16.9%$49/sqft
        Source: RMLS (OR) #17678500 Report a problem
        2/17/2017Pending sale$99,900$59/sqft
        Source: Northwest Property Sales LLC #17678500 Report a problem
        2/15/2017Listed for sale$99,900+61.1%$59/sqft
        Source: Northwest Property Sales LLC #17678500 Report a problem
        3/22/2013Sold$62,000-56.9%$36/sqft
        Source: Public Record Report a problem
        4/28/2006Sold$144,000$85/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,376 +3%$168,370 +3%
        2024$2,306 +4%$163,470 +3%
        2023$2,218 +2.7%$158,710 +3%
        2022$2,159 +2.8%$154,090 +3%
        2021$2,100 +2.9%$149,610 +3%
        2020$2,040 +3%$145,260 +3%
        2019$1,981 $141,030 +3%
        2018$1,981 +0.3%$136,930 +3%
        2017$1,976 +4.1%$132,950 +3%
        2016$1,898 -0.1%$129,080 +3%
        2015$1,901 +2.9%$125,330 +3%
        2014$1,848 +8.3%$121,680 +4.5%
        2013$1,706 -3.8%$116,460 -1.4%
        2012$1,774 +1.6%$118,140 +3%
        2011$1,747 +4.5%$114,700 +3%
        2010$1,672 +4%$111,360 +3%
        2009$1,608 +5.9%$108,120 +3%
        2008$1,519 -1%$104,980 +3%
        2007$1,533 +2.7%$101,930 +3%
        2006$1,493 +0.6%$98,970 +3%
        2005$1,484 +2.9%$96,090 +3%
        2004$1,441 +7.7%$93,300 +6.1%
        2002$1,338 +2.1%$87,960 +3%
        2001$1,311 +3.2%$85,400 +3%
        2000$1,270 $82,920
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 97338

        Getting around

        67 / 100
        Somewhat Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lyle
        • Middle: LaCreole
        • High: Dallas

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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