1735 Rainbow Dr, Springfield, OR, 97477
About This Home
Located in a great Springfield neighborhood, this fully renovated home offers the perfect combination of style, space, and functionality. Situated on a generously sized lot with a spacious yard, the property also features convenient RV and boat parking along the right side of the home. Inside, you’ll find an expansive living room and dining area ideal for entertaining or everyday living. Updated throughout, this home is move-in ready and designed for comfort. Conveniently located near shopping, schools, parks, and everyday amenities, this is a property you won’t want to miss.
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1971
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: T111 Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Tank Water Heater
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,231
- Total interior livable area: 1,231 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 1014453
- Zoning: LD
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 7,840 sqft
- Features: SqFt 7000 to 9999
Parking
- Total spaces: 2
- Parking features: Driveway,RV Access/Parking,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Lane County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,149 | $25,788 |
| Home Insurance * | $93 | $1,116 |
| Property Taxes | $653 | $7,836 |
| Electricity | $176 | $2,119 |
| Total | $3,071 | $36,852 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-09 | Price change | $425,000 |
| 2026-05-15 | Listed for sale | $435,000 |
| 2025-06-10 | Sold | $410,285 |
| 2025-05-10 | Pending sale | $395,000 |
| 2025-05-07 | Listed for sale | $395,000 |
| 2020-11-10 | Sold | $303,000 |
| 2020-10-02 | Pending sale | $295,000 |
| 2020-09-28 | Listed for sale | $295,000 |
| 2007-03-01 | Sold | $180,000 |
| 2005-01-21 | Sold | $138,000 |
| 2001-08-10 | Sold | $118,500 |
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