$401,000
- 3 Beds
- 1.5 Baths
- 1,056 sqft
981 Rainbow Dr, Springfield, OR 97477
Est. Refi. Payment $2,554/mo*
Refinance Your HomeCurrently Off Market - Sold May 27, 2021 for $325,000
Home Value
Trulia Estimate
$401KSince last month
Decreased$2K (-0.4%)Since last year
Increased$1K (+0.4%)Since last sale
Increased$76K (+23.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +106% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $401K |
| September 2026 | $401K |
| August 2026 | $403K |
| July 2026 | $407K |
| June 2026 | $411K |
| May 2026 | $413K |
| April 2026 | $411K |
| March 2026 | $410K |
| February 2026 | $404K |
| January 2026 | $401K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $225,000 | 01/30/26 | 3 | 2 | 1,284 | |
0.38 | Single-Family Home | $341,000 | 01/06/26 | 3 | 1 | 960 | |
0.42 | Single-Family Home | $330,000 | 10/16/25 | 3 | 2 | 1,160 | |
0.42 | Single-Family Home | $330,000 | 10/16/25 | 3 | 1 | 1,160 | |
0.11 | Single-Family Home | $515,900 | 09/23/26 | 3 | 2 | 1,672 | |
0.14 | Single-Family Home | $620,000 | 05/13/26 | 3 | 2 | 1,686 | |
0.39 | Single-Family Home | $399,000 | 04/30/26 | 3 | 2 | 960 | |
0.43 | Single-Family Home | $409,000 | 09/07/26 | 3 | 2 | 1,128 | |
0.18 | Single-Family Home | $560,000 | 10/15/25 | 3 | 2 | 1,640 | |
0.36 | Single-Family Home | $390,000 | 11/24/25 | 3 | 2 | 1,108 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $537,300 | 4 | 3 | 2,142 | Off Market | |
0.01 | $427,300 | 3 | 2 | 1,298 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | $404,400 | 3 | 2 | 1,062 | Off Market | |
0.02 | $436,300 | 3 | 2 | 1,358 | Off Market | |
0.03 | $422,000 | 3 | 2 | 1,225 | Off Market | |
0.03 | $368,100 | 3 | 1 | 1,056 | Off Market | |
0.03 | $407,000 | 3 | 2 | 1,305 | Off Market | |
0.03 | $430,500 | 3 | 3 | 1,643 | Off Market | |
0.03 | $402,800 | 3 | 1 | 1,076 | Off Market | |
0.03 | $400,000 | 4 | 2 | 1,820 | Recently Sold | |
0.03 | $435,800 | 3 | 2.5 | 1,382 | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.04 | $404,500 | 3 | 2 | 1,133 | Off Market | |
0.04 | $853,500 | 3 | 3 | 2,455 | Off Market | |
0.04 | $355,600 | 3 | 1 | 1,032 | Off Market | |
0.04 | $367,800 | 3 | 2 | 1,140 | Off Market | |
0.04 | $451,500 | 6 | 3 | 1,150 | Off Market | |
0.04 | $397,900 | 3 | 1 | 1,296 | Off Market | |
0.04 | $399,600 | 3 | 2 | 1,045 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1977
1,056 sqft
$380/sqft
Garage
About this House
Cute 3BR/1.5BA single-level house in great neighborhood with additional 20'x13' bonus space not included in square footage. 2-car garage. Master bedroom with Jack-n-Jill bathroom. Sunken living room includes pellet stove insert. Great curb appeal near Autzen, bike paths, shopping, and the Willamette River.
981 Rainbow Dr, Springfield, OR 97477 is a 3 bedroom, 2 bathroom, 1,056 sqft single-family home built in 1977. It last sold for $325,000 on May 27, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $401,000, with a rent estimate of $2,352/month.
Home Details for 981 Rainbow Dr
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Interior Details BasementTypes of Rooms: Dining Room, Family Room, Sun Room |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Laminate, Linoleum Vinyl |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionExterior: WoodPatio |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1977Year Updated: 1977 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 6098 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 27, 2021 Source: N/A | Sold | $325,000 |
Mar 5, 2020 Source: RMLS (OR) #20308786 | Sold | $265,000 |
Feb 5, 2020 Source: Agent Provided | Pending | $250,000 |
Jan 30, 2020 Source: Agent Provided | Listed For Sale | $250,000 |
Dec 13, 2000 Source: N/A | Sold | $118,500 |
Mar 17, 1998 Source: N/A | Sold | $117,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,607 | $403,368 |
Home facts updated by county records
Market trends in Springfield
Last updated August 2026
Avg. sale price
$438K
$667MoM
Sale-to-List Price
100.0%
Price per sq ft
$307
$0MoM
Available listings
227
29MoM
Around this home
What Locals Say about Springfield
At least 438 Trulia users voted on each feature.
88 % Say it's dog friendly
83 % Say there are sidewalks
81 % Say parking is easy
77 % Say car is needed
77 % Say there's holiday spirit
75 % Say yards are well-kept
72 % Say kids play outside
59 % Say it's walkable to grocery stores
57 % Say it's walkable to restaurants
57 % Say people would walk alone at night
55 % Say streets are well-lit
52 % Say it's quiet
51 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 981 Rainbow Dr
- What is 981 Rainbow Dr estimated to be worth?Trulia's estimated value for 981 Rainbow Dr in Springfield, OR is $401,000.
- What is the price history for 981 Rainbow Dr?981 Rainbow Dr in Springfield, OR last sold for $325,000 in May 2021.
- Is Springfield a buyer's or seller's market?Springfield is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Springfield?The median sale price in Springfield is $438K. That is up $667 from the prior month.
- How big is the lot at 981 Rainbow Dr?The lot at 981 Rainbow Dr in Springfield, OR is about 0.14 acres (6,098 sq ft).
- Does 981 Rainbow Dr have a garage?Yes, 981 Rainbow Dr in Springfield, OR has a garage.

