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  • $555,000

    5322 SE Rainbow Ln, Milwaukie, OR 97222

    3beds
    1,500sqft
    Residential, Single Family Residence
    Built in 1962
    7,840 Square Feet Lot
    $552,100 Zestimate®
    $370/sqft
    $2,578 Estimated rent

    Home value

    $552,100

    $513,000 - $591,000

    $2,578/mo

    Zestimate® history
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    What's special

    New flooringBeautiful updated touchesJetted tubDetached garageSolid surface countertops
    A true Gem in SE close in to everything! This 3 bed 2 bath home is updated and ready for you to make a home. You will love the solid surface countertops throughout and all the beautiful updated touches. Enjoy a soak in the jetted tub after a long day. The detached garage in the back is a unique quality for this neighborhood, with its own breaker panel and 220V available, its the perfect space for a shop, project space, or it could be converted into an ADU with some plumbing work. Other new items include New roof, new furnace, new windows, and new flooring! The possibilities are endless with this beautiful home and property. Listing agent is member of selling entity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Sturzinger 503-798-1347,

    Sundance Realty LLC

    Bought with:

    Melissa Hartvigsen, 201218339

    Redfin

    Source: RMLS (OR),MLS#: 749826185MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • Partial bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Lower
    Dining room
    • Level: Lower
    Family room
    • Level: Upper
    Kitchen
    • Level: Lower
    Living room
    • Level: Upper
    Heating
    • Forced Air 90
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Electric Water Heater
    Features
    • Ceiling Fan(s), Quartz
    • Flooring: Concrete
    • Windows: Double Pane Windows, Vinyl Frames, Vinyl Window Double Paned
    • Basement: Full
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, RV Access/Parking, Detached
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Parking, Accessibility
    Features
    • Levels: Two,Multi/Split
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Yard
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 7,840 Square Feet
    • Features: Level, SqFt 7000 to 9999
    Details
    • Additional structures: RVParking, Garagenull, Workshop
    • Parcel number: 00069464

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • T111 Siding, Wood Frame, Lap Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: 220 Volts
    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Other Internet Service

    Community & HOA

    Community
    • Security: None
    HOA
    • Has HOA: No
    Location
    • Region: Milwaukie

    Financial & listing details

    • Price per square foot: $370/sqft
    • Tax assessed value: $457,634
    • Annual tax amount: $4,546
    • Date on market: 3/5/2025
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    5/13/2025Sold$555,000+0.9%$370/sqft
    Source: RMLS (OR) #749826185 Report a problem
    4/13/2025Pending sale$549,900$367/sqft
    Source: RMLS (OR) #749826185 Report a problem
    3/14/2025Price change$549,900-3.5%$367/sqft
    Source: RMLS (OR) #749826185 Report a problem
    3/5/2025Listed for sale$569,900+137.5%$380/sqft
    Source: RMLS (OR) #749826185 Report a problem
    12/10/2024Sold$240,000$160/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,708 +3.5%$213,936 +3%
    2024$4,546 +2.9%$207,705 +3%
    2023$4,419 +5.3%$201,656 +3%
    2022$4,198 +3.6%$195,783 +3%
    2021$4,051 +3.2%$190,081 +3%
    2020$3,926 +1.5%$184,545 +3%
    2019$3,867 +12.5%$179,170 +3%
    2018$3,439 $173,951 +3%
    2017$3,439 +6.5%$168,884 +3%
    2016$3,228 $163,965 +3%
    2015$3,228 +5%$159,189 +3%
    2014$3,074 +8.1%$154,552 +3%
    2013$2,844 +2.5%$150,050 +3%
    2012$2,774 +0.9%$145,680 +3%
    2011$2,749 +5.6%$141,437 +3%
    2010$2,605 +1%$137,317 +3%
    2009$2,579 +5.7%$133,317 +3%
    2008$2,440 +2.9%$129,434 +3%
    2007$2,371 +12.2%$125,664 +3%
    2006$2,113 +0.6%$122,004 +3%
    2005$2,100 +4.2%$118,450 +3%
    2004$2,015 +2%$115,000 +3%
    2003$1,975 +3%$111,650 +3%
    2002$1,917 +1.8%$108,398 +3%
    2001$1,883 +2.3%$105,241 +3%
    2000$1,841 $102,176
    Find assessor info on the county website

    Neighborhood: Lewelling

    Nearby schools

    GreatSchools rating
    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
    $552,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $552,100