Listed by John L. Scott Shelton, Bought with Pellego, Inc.
NOT LISTED FOR SALE

111 E Rainbow Dr Shelton, WA 98584

Estimated Value: $355,000 - $523,000

3 Beds
2 Baths
1,760 Sq Ft
$234/Sq Ft Est. Value

Last Sold January 21, 2025

Last sale price $375,000 $213 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,189/month

72 Days on Market

Highlights

  • Waterfront
  • Hydromassage or Jetted Bathtub
  • 1 Car Attached Garage
  • Deck
  • 1 Fireplace
  • Storm Windows

About This Home

As of January 2025

NEW PRICE! Beautiful Rainbow Lake home with 97' no bank waterfront! Spacious 1760 sf floor plan with vaulted ceiling invites you into the main level, featuring 2 bed/1 bath, living room and kitchen. Daylight basement offers 1 bed/1bath and family room with pellet stove which adds a cozy touch. Enjoy the lake views from both your upper and lower deck - plus backyard is fully fenced! Close to town!

Last Agent to Sell the Property

April Pierce

John L. Scott Shelton License #22011417 Listed on: 09/30/2024

John L. Scott Shelton

Last Buyer's Agent

Mark Datskiy

Pellego, Inc. License #24008955

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2294082

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1991

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Level Lot
  • Zoning described as RR5

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Split Foyer
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck

Schools

  • Shelton High School

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • Warren Tobey Association
  • Secondary HOA Phone (360) 490-5976
  • Rainbow Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,704

Year Built

Built in 1991

Lot Details

9,583 Sq Ft Lot

HOA Fees

$10 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1760
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2294082?w=Consumer&agent=141169
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Pellet Stove
  • Fireplace: Yes
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Jetted Tub
  • Living Area: 1760
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1760
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront Features: No Bank
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD#3
  • WaterCompany: PUD 1
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Phone: 360-490-5976
  • Association: Yes
  • AssociationContactName: Warren Tobey

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Shelton
  • High School: Shelton High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 321345000060
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Zoning Description: RR5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2704.49

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Jan 16, 2025
Sold by
Tobey Warren J
Bought by
Love Lorraine
Seller's Agent
April Pierce
John L. Scott Shelton
Buyer's Agent
Mark Datskiy
Pellego, Inc.
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%
Views
129
Current Estimated Value
$411,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,377
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Mar 29, 2006
Sold by
Rostvold Michael Guy and Rostvold Lynn L
Bought by
Tobey Warren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Love Lorraine $375,000 Aegis Land Title
Tobey Warren J -- Mason County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tobey Warren J $150,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2025 01/21/25 Sold $375,000 -1.3% $213 / Sq Ft
12/17/2024 12/17/24 For Sale $380,000 0.0% $216 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $380,000 -4.8% $216 / Sq Ft
10/14/2024 10/14/24 Price Changed $399,000 -6.1% $227 / Sq Ft
09/30/2024 09/30/24 For Sale $425,000 -- $241 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $472 $279,640 $102,155 $177,485
2023 $472 $331,105 $71,195 $259,910
2022 $918 $293,590 $63,000 $230,590
2021 $986 $293,590 $63,000 $230,590
2020 $1,071 $241,795 $60,000 $181,795
2018 $734 $169,880 $38,400 $131,480
2017 $1,675 $169,880 $38,400 $131,480
2016 $1,677 $147,865 $33,600 $114,265
2015 $1,444 $147,865 $33,600 $114,265
2014 -- $141,005 $32,000 $109,005
2013 -- $127,520 $32,000 $95,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2294082

Northwest Multiple Listing Service (NWMLS)

APN: 32134-50-00060

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