967 Rainbow Dr, Springfield, OR, 97477
About This Home
BEAUTIFUL HOME with RIVER & SCENIC BIKE PATH CLOSE BY!Welcome to this charming and versatile home.The main level features 3 bedrooms and 2 baths, enhanced by elegant tile work, stunning stained-glass and wood etchings that add warmth and character throughout. Upstairs offers a private living space complete with its own kitchen, bedroom, bath and a separate entrance- perfect for extended family, guests or potential rental income. Enjoy outdoor living in the sunny backyard featuring a greenhouse- ideal for gardening enthusiasts or year round growing. A unique opportunity combining comfort, flexibility and an unbeatable location!
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1977
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: T111 Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Range,Plumbed For Ice Maker,Range Hood,Electric Water Heater
Basement
- Basement: Crawl Space
Bedroom2
- Features: Wallto Wall Carpet
- Level: Main
- Area: 88
Bedroom3
- Features: Wallto Wall Carpet
- Level: Main
- Area: 81
Bedroom4
- Features: Sliding Doors,Tile Floor
- Level: Upper
- Area: 168
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Dining Room
- Features: Sliding Doors,Tile Floor
- Level: Main
- Area: 110
Family Room
- Features: Sliding Doors,Wallto Wall Carpet
- Level: Main
- Area: 176
Features
- Ceiling Fan(s),Tile
- Door features: Sliding Doors
- Window features: Aluminum Frames,Vinyl Frames
- Flooring: Tile,Wall to Wall Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating
- Heating features: Baseboard,Fireplace(s)
Interior Area
- Total structure area: 2,142
- Total interior livable area: 2,142 sqft
Kitchen
- Features: Tile Floor
- Level: Main
- Area: 96
Living Room
- Features: Fireplace,Wallto Wall Carpet
- Level: Main
- Area: 225
Master Bedroom
- Features: Wallto Wall Carpet
- Level: Main
- Area: 130
Property
Details
- Parcel number: 1152667
- Zoning: Res
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 6,098 sqft
- Features: Level,SqFt 5000 to 6999
Parking
- Total spaces: 2
- Parking features: Driveway,On Street,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
- Inland Flooding
- Earthquake
- Heat Wave
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 | $2,781 | $33,372 |
| Home Insurance * | $121 | $1,452 |
| Property Taxes | $846 | $10,152 |
| Electricity | $194 | $2,332 |
| Total | $3,942 | $47,304 |
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 |
|---|---|---|
| 2026-04-09 | Listed for sale | $550,000 |
For Sale by Agent
View on Zillow