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1061 Rainwood Ln, Grants Pass, OR, 97527

4beds
2baths
1,673sqft
$459,999
$275price/sqft
$2,989/moest. monthly cost
$119,560/yrincome needed

About This Home

Move-in Ready and Absolutely Charming! Beautiful home nestled in a highly sought-after neighborhood. Thoughtfully designed living space, an inviting open-concept layout ideal for both relaxation and entertaining. Enjoy quality finishes throughout, solid oak doors, bamboo flooring in the kitchen and dining areas, and a stylish kitchen with wood cabinetry and quartz countertops. The spacious newly carpeted living room provides a warm and comfortable gathering space. Primary suite boasts a ceiling fan, new carpet, walk-in closet, and a private bath with dual sinks and tile flooring. Three additional bedrooms are also carpeted (new) and offer ample closet space. Fully fenced backyard with a covered porch, sparkling pool, and soothing hot tub - perfect for outdoor enjoyment year-round. Attached two-car garage, a lovely front yard new AC (2022), and heat pump (2018). A must-see property - schedule your private tour today!

Getting Around

10
WalkingCar-Dependent
17
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

5/10
8/10
South Middle SchoolGrades 6-82.5 mi
8/10
Grants Pass High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Block,Concrete,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Range Hood,Refrigerator,Water Purifier

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Ceiling Fan(s),Linen Closet,Pantry,Primary Downstairs,Shower/Tub Combo,Stone Counters,Walk-In Closet(s)
  • Window features: Double Pane Windows,ENERGY STAR Qualified Windows
  • Flooring: Bamboo,Carpet,Tile
  • Fireplace features: Electric
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump,Natural Gas
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,673
  • Total interior livable area: 1,673 sqft

Property

Details

  • Parcel number: R337353
  • Zoning description: R-2; Res Mod Density
  • Special condition: Standard
  • Exclusions: Hot tub and Fireplace insert

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: ENERGY STAR Qualified pool pump,In Ground,Pool Sweep,Private,Salt Water,Tile,Waterfall
  • Patio & porch: Covered,Rear Porch
  • Spa features: Spa/Hot Tub
  • Fencing: Fenced
  • Has view: Yes
  • View description: Neighborhood,Territorial

Lot

  • Lot size: 6,098 sqft
  • Features: Landscaped,Level

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Attached,Driveway,Garage Door Opener,On Street
  • 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

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Winter Weather
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Josephine County and Oregon

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 $2,326$27,912
Home Insurance *$136$1,632
Property Taxes $351$4,212
Electricity $176$2,119
Total$2,989$35,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,480/yr
40% on housing$89,670/yr
45% on housing$79,706/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: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 97527$247
Josephine County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 97527$246
Josephine County$253

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
2025-11-08Listed for sale$459,999
1999-04-14Sold$112,900

For Sale by Agent

AgentJose Pineda
BrokerageCentury 21 JC Jones American Dream

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