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1550 Rainier Rd, Woodburn, OR, 97071

2beds
1baths
812sqft
$278,000
$342price/sqft
$2,078/moest. monthly cost
$83,120/yrincome needed

About This Home

Welcome to easy, low maintenance living in this inviting 2 bedroom, 1 bath home located in a desirable 55+ community in Woodburn. Situated on a quiet street, this well-maintained residence offers a comfortable and functional layout with generous living spaces and abundant natural light. The spacious living room flows seamlessly into the dining area and kitchen, creating an ideal setting for everyday living and entertaining. Both bedrooms are well-sized, with ample closet space, while the full bathroom is conveniently located and thoughtfully designed. Enjoy the benefits of community living with access to nearby amenities, social opportunities, and a peaceful neighborhood atmosphere. Outside, you’ll find a manageable yard space perfect for relaxing or light gardening, along with off-street parking. Located near shopping, dining, and medical facilities, this home provides both comfort and accessibility. Don’t miss this opportunity to enjoy a relaxed lifestyle in a welcoming 55+ community.

Getting Around

49
WalkingCar-Dependent
30
TransitSome Transit
54
BikeBikeable

Schools

1/10
1/10
1/10
Woodburn SuccessGrades 7-121.1 mi

Construction

Condition

  • Property condition: Approximately
  • Year built: 1962

Materials

  • Foundation: Stem Wall
  • Roof: Composition
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,ENERGY STAR Qualified Appliances,Free-Standing Range,Free-Standing Refrigerator,Gas Appliances,Range Hood,Stainless Steel Appliance(s),Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Ceiling Fan, Hardwood Floors
  • Level: Main
  • Area: 110

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Hardwood Floors, Kitchen Dining Room Combo, Sliding Doors
  • Level: Main
  • Area: 117

Features

  • Ceiling Fan(s),Kitchen Dining Room Combo,Eat Bar,Kitchen Island,Granite,Tile
  • Door features: Sliding Doors
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 812
  • Total interior livable area: 812 sqft

Kitchen

  • Features: Dishwasher, Eat Bar, Gas Appliances, Island,Free Standing Range, Free Standing Refrigerator, Granite
  • Level: Main
  • Area: 99

Living Room

  • Features: Ceiling Fan, Exterior Entry, Hardwood Floors
  • Level: Main
  • Area: 144

Master Bedroom

  • Features: Ceiling Fan, Hardwood Floors
  • Level: Main
  • Area: 120

Property

Accessibility

  • Accessibility features: Garage On Main,Ground Level,Main Floor Bedroom Bath,One Level,Parking,Utility Room On Main,Accessibility

Details

  • Parcel number: 109069

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Patio
  • Exterior features: Yard,Exterior Entry

Lot

  • Lot size: 5,662 sqft
  • Features: Level,SqFt 5000 to 6999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Off Street,Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Lightning
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $1,405$16,860
Home Insurance *$55$660
Property Taxes $442$5,304
Electricity $176$2,119
Total$2,078$24,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,245/yr
40% on housing$62,340/yr
45% on housing$55,413/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$342This listing

vs Other Active Listings

Avg $/sqft

ZIP 97071$216
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97071$283
Marion County$278

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

DateEventPrice
2026-05-13Price change$305,000
2026-04-23Listed for sale$315,000
2024-02-27Sold$272,500
2024-02-07Pending sale$272,500
2023-12-26Price change$272,500
2023-11-16Price change$287,900
2023-10-23Listed for sale$295,000
2023-01-29Listing removed--
2022-11-04Listed for sale$280,000
2020-05-29Sold$195,000
2020-05-14Pending sale$205,000
2020-03-31Listed for sale$205,000
2020-03-21Pending sale$205,000
2020-03-13Listed for sale$205,000
2015-03-05Sold$119,900
2015-01-20Pending sale$119,900
2015-01-14Listed for sale$119,900
2014-08-20Listing removed$119,900
2014-07-31Listed for sale$119,900
2008-04-01Listing removed$139,500
2007-10-31Listed for sale$139,500
2002-04-30Sold$61,400

For Sale by Agent

AgentJennifer Parral
BrokerageKeller Williams PDX Central

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