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$425,000
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Property Description
Well-kept Dallas home offering comfort, space and investment potential. Features 3 beds, 2 baths, open living area and storage-filled kitchen. Spacious, private backyard perfect for entertaining or gardening. Garage is partially converted ADU with 2nd bath, kitchenette and walk-in closet. County records show 2 beds/1 bath, 1258 SqFt - buyer to do due diligence. Close to schools, shopping and parks. Don't miss this opportunity!
Full Property Details
Full Property Details for 221 SW Rainbow Ave
General
- Price: $425,000
- Taxes: $2,306 (2024)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 831291
- Updated: 9/22/2025
- Added to Site: 150 day(s) ago
Interior
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Description: Detached
Location
- County: POLK COUNTY
- Subdivision: Harders Addition
- Driving Directions: Ellendale Ave to SW Jasper St to SW Rainbow Ave
School Information
- Elementary School: Lyle
- Middle School: LaCreole
- High School: Dallas
Heating & Cooling
- Heating/Cooling: Baseboard, Zonal
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Shingle
- Square Feet: 1,786
- Year Built: 1951
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,500
- Zoning: RL
- Lot Description: 4
Financial Considerations
- Price Per Sq. Ft.: $237.96
- Assessment Year: 1951
- Tax Amount: $2,306
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 4
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Schools
Schools serving 221 SW Rainbow Ave
School District:Dallas School District 2
| Name | Grades | Distance |
|---|---|---|
Lyle Elementary School 185 Southwest Levens Street, Dallas, OR 97338 | K-3 | 0.2 mi |
Whitworth Elementary School 1151 Southeast Miller Avenue, Dallas, OR 97338 | 4-5 | 1.2 mi |
Lacreole Middle School 701 Southeast Lacreole Drive, Dallas, OR 97338 | 6-8 | 0.8 mi |
Dallas High School 1250 Southeast Holman Avenue, Dallas, OR 97338 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 SW Rainbow Ave
Date
Details
Price
Change
Source
9/22/2025
Price Reduced
$425,000
-2.3%
MLS
9/12/2025
Price Reduced
$435,000
-2.25%
MLS
8/20/2025
Listed
$445,000
131.77%
MLS
7/10/2017
Sold
$192,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 221 SW Rainbow Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,306
4%
$163,470
3%
2023
$2,218
6%
$158,710
6%
2021
$2,100
-3%
$149,610
-3%
2022
$2,159
3%
$154,090
6%
2021
$2,100
6%
$145,260
3%
2019
$1,981
—
$141,030
3%
2018
$1,976
4%
$136,930
3%
2017
$1,898
—
$132,950
3%
2016
$1,901
3%
$129,080
3%
2015
$1,848
1%
$125,330
3%
2014
$1,822
7%
$121,680
4%
2013
$1,706
—
$116,460
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 221 SW Rainbow Ave
221 SW Rainbow Av, Dallas, OR 97338 (MLS# 831291) is a Single Family property with 3 bedrooms and 2 full bathrooms. 221 SW Rainbow Av is currently listed for $425,000 and was received on August 20, 2025. Want to learn more about 221 SW Rainbow Av? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

