Listed by Four-U Realty Inc, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

116 Raintree Loop SE Rainier, WA 98576

Estimated Value: $339,000 - $433,000

2 Beds
1 Bath
952 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $405,000 $425 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,312/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Pantry
  • Storm Windows
  • No HOA
  • 2 Car Detached Garage
  • Patio

About This Home

As of May 2024

Come see what it's like to enjoy small town living without leaving the big city amenities long behind. With just a short drive to Yelm, Olympia, and JBLM, this makes for an easy commute. Looking for your first home or your forever home, this property checks many boxes. Home has recently been updated with room to expand, including remodeled bathroom. Large 20X30 detached shop has lots of space for all your projects and includes a cold storage room. Beautiful, large yard is fully fenced, as well as a ton of gardening space. Great outdoor area with a mostly covered large patio in back for a private setting to enjoy the fruit and decretive trees through out the property. Also plenty of room to park your RV and multiple cars if needed!

Last Agent to Sell the Property

Joey Jennings

Four-U Realty Inc License #22028342 Listed on: 04/09/2024

Four-U Realty Inc

Co-Listed By

Lashawnda Collins

Four-U Realty Inc License #21000441

Last Buyer's Agent

Rachel Jones

Skyline Properties, Inc. License #99172

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2221231

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,293

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 130x90
  • Open Space
  • Dog Run
  • Property is Fully Fenced
  • Property is in good condition
  • Zoning described as REN-0.25

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Rainier Primary Sch Elementary School
  • Rainier Mid Middle School
  • Rainier Snr High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Rainier Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,293

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Refrigerators,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Rainier Park, Division 1
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1288
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2221231?w=Consumer&agent=143320
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: No
  • Flooring: Concrete, Laminate, Carpet
  • Interior Amenities: Concrete, Wall to Wall Carpet, Laminate, Double Pane/Storm Window, Dining Room, French Doors, Walk-In Pantry, Water Heater
  • Living Area: 952
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 952
  • SquareFootageUnfinished: 336
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: PartiallyFenced
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Private
  • WaterCompany: Rainer
  • WaterHeaterLocation: Utility room
  • WaterHeaterType: Electric
  • CableConnected: Dish
  • InternetConnected: Consolidated

Condo/Co-op/Association

  • Community Features: Park, Playground
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Rainier
  • High School: Rainier Snr High
  • Middle Or Junior School: Rainier Mid

Lot Info

  • Parcel Number: 70340001800
  • Land Lease: No
  • Lot Size Acres: 0.2879
  • Lot Size: 130X90
  • Lot Size Sq Ft: 12540
  • Zoning Description: REN-0.25
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Dog Run,Fenced-Fully,Outbuildings,Patio,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 18

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1293.18

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Rainier Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 15, 2024
Sold by
Willmarth Peggy J and Swanson Peggy J
Bought by
Marshall Zack and Marshall Mary
Seller's Agent
Joey Jennings
Four-U Realty Inc
Buyer's Agent
Rachel Jones
Skyline Properties, Inc.
List Price
$410,000
Sold Price
$405,000
Premium/Discount to List
-$5,000
-1.22%
Views
24
Current Estimated Value
$395,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,666
Avg. Annual Appreciation
-1.76%
Original Mortgage
$413,707
Outstanding Balance
$407,906
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
-$12,572

Purchase Details

Closed on
Jul 27, 2007
Sold by
Frunz Joshua Jason
Bought by
Willmarth Peggy J and Swanson Erik S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 22, 2005
Sold by
Frunz Jeanne Lucille
Bought by
Frunz Joshua Jason
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marshall Zack $405,000 Chicago Title
Willmarth Peggy J $150,421 Thurston County Title
Frunz Joshua Jason -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Zack $413,707
Previous Owner Willmarth Peggy J $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $405,000 -1.2% $425 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $410,000 -- $431 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $2,586 $289,000 $102,700 $186,300
2023 $2,586 $275,400 $93,500 $181,900
2022 $2,215 $260,800 $68,100 $192,700
2021 $1,885 $214,300 $54,800 $159,500
2020 $2,159 $179,300 $54,100 $125,200
2019 $1,963 $186,200 $46,500 $139,700
2018 $2,100 $166,100 $41,900 $124,200
2017 $1,822 $149,000 $37,800 $111,200
2016 $1,810 $139,750 $42,050 $97,700
2014 -- $136,450 $42,050 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2221231

Northwest Multiple Listing Service (NWMLS)

APN: 70340001800