Charming, Fully Refreshed Ranch with Shop and Sunroom!This beautifully updated one-level ranch sits on a quiet, oversized .16-acre lot and features fresh interior and exterior paint. The bright interior boasts refinished hardwood floors and a spacious kitchen upgraded with quartz countertops, stainless steel appliances, and new laminate flooring. The home offers a completely renovated full bathroom, three comfortable bedrooms, and a utility room leading to a versatile bonus room or potential fourth bedroom.Designed for both relaxation and utility, the layout includes a sunroom that opens to a fully fenced backyard with a covered back patio. A standout feature is the 20x20 detached shop/oversized garage, which was recently updated with a new metal roof. With energy-efficient vinyl windows and a main house roof replaced in 2017, this move-in-ready home offers modern comfort and exceptional hobby space in one polished package.
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Zestimate®
$434,000
5073 SE Rainbow Ln, Milwaukie, OR 97222
3beds
1,240sqft
Residential, Single Family Residence
Built in 1963
6,969 Square Feet Lot
$434,000 Zestimate®
$350/sqft
$2,359 Estimated rent
Home value
$434,000
$412,000 - $456,000
$2,359/mo
Zestimate® history
Owner options
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$2,665/mo
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List your homeWhat's special
Fully fenced backyardRefinished hardwood floorsCovered back patioUtility roomEnergy-efficient vinyl windowsNew laminate flooringSpacious kitchen
Zillow last checked:
Listing updated:
Listed by:
Marshall Rosario marshall@primenwhomes.com,
Real Broker
Bought with:
Dana McElligott, 970900114
RE/MAX Equity Group
Source: RMLS (OR),MLS#: 531220443
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Sun Room, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Bedroom 2
- Features: Hardwood Floors, Closet
- Level: Main
- Area: 108
- Dimensions: 9 x 12
Bedroom 3
- Features: Hardwood Floors
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Kitchen
- Features: Dishwasher, Microwave
- Level: Main
- Area: 187
- Width: 11
Living room
- Features: Disposal, Hardwood Floors, Microwave, Free Standing Range, Free Standing Refrigerator, Laminate Flooring, Quartz
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Laundry Room
Features
- Quartz, Closet
- Flooring: Hardwood, Laminate
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
Interior area
- Total structure area: 1,240
- Total interior livable area: 1,240 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Off Street, RV Boat Storage, Detached, Oversized
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Ground Level, Main Floor Bedroom Bath, Minimal Steps, One Level, Utility Room On Main, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Exterior features: Yard
- Fencing: Fenced
Lot
- Size: 6,969 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Additional structures: RVBoatStorage
- Parcel number: 00073529
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Milwaukie
Financial & listing details
- Price per square foot: $350/sqft
- Tax assessed value: $382,659
- Annual tax amount: $4,051
- Date on market: 3/20/2026
- Cumulative days on market: 16 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $434,000+1.2%$350/sqft |
Source:  RMLS (OR) #531220443 Report a problem | ||
| 4/6/2026 | Pending sale | $429,000$346/sqft |
Source: RMLS (OR) #531220443 Report a problem | ||
| 4/1/2026 | Listed for sale | $429,000$346/sqft |
Source: RMLS (OR) #531220443 Report a problem | ||
| 3/31/2026 | Pending sale | $429,000$346/sqft |
Source: RMLS (OR) #531220443 Report a problem | ||
| 3/27/2026 | Price change | $429,000+2.4%$346/sqft |
Source: RMLS (OR) #531220443 Report a problem | ||
| 3/24/2026 | Pending sale | $419,000$338/sqft |
Source: RMLS (OR) #531220443 Report a problem | ||
| 3/20/2026 | Listed for sale | $419,000+56.1%$338/sqft |
Source: RMLS (OR) #531220443 Report a problem | ||
| 1/16/2026 | Sold | $268,502-10.2%$217/sqft |
Source: Public Record Report a problem | ||
| 5/19/2019 | Listing removed | $299,000$241/sqft |
Source: Pete Anderson Realty Assoc,Inc #19669276 Report a problem | ||
| 5/9/2019 | Listed for sale | $299,000$241/sqft |
Source: Pete Anderson Realty Assoc,Inc #19669276 Report a problem | ||
| 4/24/2019 | Pending sale | $299,000$241/sqft |
Source: Pete Anderson Realty Assoc,Inc #19669276 Report a problem | ||
| 4/23/2019 | Price change | $299,000-3.2%$241/sqft |
Source: Pete Anderson Realty Assoc,Inc #19669276 Report a problem | ||
| 4/9/2019 | Listed for sale | $309,000+102.7%$249/sqft |
Source: Pete Anderson Realty Assoc,Inc #19669276 Report a problem | ||
| 1/27/2004 | Sold | $152,450+16.4%$123/sqft |
Source: Public Record Report a problem | ||
| 7/31/2002 | Sold | $131,000+7.8%$106/sqft |
Source: Public Record Report a problem | ||
| 5/22/2002 | Sold | $121,500$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,052 +3.5% | $184,124 +3% |
| 2024 | $3,913 +2.9% | $178,762 +3% |
| 2023 | $3,803 +5.3% | $173,556 +3% |
| 2022 | $3,613 +3.6% | $168,501 +3% |
| 2021 | $3,487 +3.2% | $163,594 +3% |
| 2020 | $3,379 +1.5% | $158,830 +3% |
| 2019 | $3,328 +12.5% | $154,204 +3% |
| 2018 | $2,959 | $149,713 +3% |
| 2017 | $2,959 +6.5% | $145,352 +3% |
| 2016 | $2,778 | $141,118 +3% |
| 2015 | $2,778 +5% | $137,008 +3% |
| 2014 | $2,646 +8.1% | $133,017 +3% |
| 2013 | $2,448 +2.5% | $129,143 +3% |
| 2012 | $2,388 +0.9% | $125,382 +3% |
| 2011 | $2,366 +5.6% | $121,730 +3% |
| 2010 | $2,242 +1% | $118,184 +3% |
| 2009 | $2,219 +5.7% | $114,742 +3% |
| 2008 | $2,100 +2.9% | $111,400 +3% |
| 2007 | $2,041 +12.2% | $108,155 +3% |
| 2006 | $1,819 +0.6% | $105,005 +3% |
| 2005 | $1,807 +4.2% | $101,947 +3% |
| 2004 | $1,734 +2% | $98,978 +3% |
| 2003 | $1,700 +3% | $96,095 +3% |
| 2002 | $1,650 +1.8% | $93,296 +3% |
| 2001 | $1,621 +0.1% | $90,579 +3% |
| 2000 | $1,620 | $87,941 |
Find assessor info on the county website
Neighborhood: Lewelling
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Nearby schools
GreatSchools rating
- 6/10Ardenwald Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Rowe Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Milwaukie High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Ardenwald
- Middle: Rowe
- High: Milwaukie
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$434,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$434,000
- Oregon
- Clackamas County
- Milwaukie
- 97222
- Lewelling
- 5073 SE Rainbow Ln
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