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$434,000
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Property Description
Charming, Fully Refreshed Ranch with Shop and Sunroom!This beautifully updated one-level ranch sits on a quiet, oversized .16-acre lot and features fresh interior and exterior paint. The bright interior boasts refinished hardwood floors and a spacious kitchen upgraded with quartz countertops, stainless steel appliances, and new laminate flooring. The home offers a completely renovated full bathroom, three comfortable bedrooms, and a utility room leading to a versatile bonus room or potential fourth bedroom.Designed for both relaxation and utility, the layout includes a sunroom that opens to a fully fenced backyard with a covered back patio. A standout feature is the 20x20 detached shop/oversized garage, which was recently updated with a new metal roof. With energy-efficient vinyl windows and a main house roof replaced in 2017, this move-in-ready home offers modern comfort and exceptional hobby space in one polished package.
Full Property Details
Full Property Details for 5073 SE Rainbow Ln
General
- Sold For: $434,000
- Taxes: $4,051 (2025)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 531220443
- Added to Site: 62 day(s) ago
Interior
- Interior Features: Hardwood Floors, Laminate Flooring, Laundry, Quartz
- Appliances: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Quartz, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 13 x 10, Main, 130 Sq. Ft.
- Bedroom 2: 9 x 12, Main, 108 Sq. Ft.
- Bedroom 3: 9 x 9, Main, 81 Sq. Ft.
Other Rooms
- Living Room: 14 x 12, Main, 168 Sq. Ft.
- Kitchen: 17 x 11, Main, 187 Sq. Ft.
- Sun Room/Solarium: 14 x 10, Main
- Laundry: 12 x 10, Main
Exterior
- Exterior Features: Covered Patio, Fenced, RV/Boat Storage, Yard
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, Off Street
Location
- County: Clackamas
- Driving Directions: SE Johnson Creek, South on SE 55th Ave, West on SE Rainbow Ln
School Information
- Midd School District: Rowe
- Elementary School: Ardenwald
- Middle School: Rowe
- High School: Milwaukie
Community
- Community Name: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story, Ranch
- Basement Desc.: Crawl Space
- Roof: Composition
- Windows: Double Pane Windows, Vinyl Frames
- Stories/Levels: 1
- Square Feet: 1,240
- Year Built: 1963
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Tax Amount: $4,051.55
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: 73529
Listed by Real Broker (855) 450-0442, Marshall Rosario (971) 645-6977
Sold by RE/MAX Equity Group (503) 287-8989, Dana McElligott
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Schools
Schools serving 5073 SE Rainbow Ln
School District:North Clackamas School District 12
| Name | Grades | Distance |
|---|---|---|
Ardenwald Elementary School 8950 Southeast 36th Avenue, Milwaukie, OR 97222 | K-5 | 0.7 mi |
Rowe Middle School 3606 Southeast Lake Road, Milwaukie, OR 97222 | 6-8 | 1.8 mi |
Milwaukie High School 2301 Southeast Willard Street, Milwaukie, OR 97222 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5073 SE Rainbow Ln
Date
Details
Price
Change
Source
5/01/2026
Sold
$434,000
1.17%
MLS
3/27/2026
Price Increased
$429,000
2.39%
MLS
3/20/2026
Listed
$419,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5073 SE Rainbow Ln, Milwaukie, OR 97222 (MLS# 531220443) is a Single Family property that was sold at $434,000 on May 01, 2026. Want to learn more about 5073 SE Rainbow Ln? Do you have questions about finding other Single Family real estate for sale in Milwaukie? You can browse all Milwaukie real estate or contact a Coldwell Banker agent to request more information.

