Listed by Unreal Estate, LLC, Bought with Better Properties UP/Fircrest
NOT LISTED FOR SALE

120 Rainbow Ln Packwood, WA 98361

Estimated Value: $641,000 - $729,000

2 Beds
2 Baths
1,210 Sq Ft
$567/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $603,000 $498 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,065/month

108 Days on Market

Highlights

  • River Access
  • Deck
  • Ceiling Fan
  • Waterfront
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2022

Turn-Key AirBNB property; earned $75k last year! One-of-a-kind river front property with hand-crafted log swing on huge back deck provides excellent views of the river, perfect for entertaining. Updates across the board; Mini-split Heat/Cool system for year-round temperature comfort. Custom Blaze Master wood stove for true cabin feel. Kitchen remodel with quartz counters, appliances and cabinetry. Luxury Vinyl Plank flooring throughout. All new exterior paint inside/out, windows for energy efficiency. Back yard features Live-edge cedar fencing, fire-pit with hand-cut log chairs and hammock. Fish? Great salmon and trout here! Private HOA community pools and golf course! Most everything included for turn-key AirBNB.

Last Agent to Sell the Property

Mathew Berg

Unreal Estate, LLC License #27983 Listed on: 06/16/2022

Last Buyer's Agent

Autumn Falk

Better Properties UP/Fircrest License #122461

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1953284

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1982

Lot Details

  • 6,969 Sq Ft Lot
  • Waterfront

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Deck

Schools

  • White Pass Elementary School
  • Whitepass Jr-Sr High Middle School
  • Whitepass Jr-Sr High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Septic System

Community Details

  • Packwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 009800405000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 1982

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1982
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1210
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,111

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Heat Pump, Laminate, Ceiling Fan(s)
  • Living Area: 1210
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1210
  • SquareFootageUnfinished: 0
  • 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,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Common Area Maintenance
  • HeatingCoolingType: Heat Pump

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 460
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: White Pass
  • High School: Whitepass Jr-Sr High
  • Middle Or Junior School: Whitepass Jr-Sr High

Lot Info

  • Parcel Number: 009800405000
  • Land Lease: No
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Owner
  • MLSSquareFootageSource: Owner

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2337

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: White Pass

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Nov 2, 2022
Sold by
Adcock Kellen
Bought by
Vanzanten Zachary and Bentley Alyssa
Seller's Agent
Mathew Berg
Unreal Estate, LLC
Buyer's Agent
Autumn Falk
Better Properties UP/Fircrest
List Price
$639,900
Sold Price
$603,000
Premium/Discount to List
-$36,900
-5.77%
Current Estimated Value
$680,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,499
Avg. Annual Appreciation
4.66%
Original Mortgage
$403,003
Outstanding Balance
$392,823
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$290,657

Purchase Details

Listed on
Mar 19, 2017
Closed on
Jun 6, 2017
Sold by
Adcock Mary Beth and Adock Kellen
Bought by
Adcock Kellen
Seller's Agent
John Sanders
Four-U Realty Inc
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.74%
Original Mortgage
$116,910
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2017
Closed on
May 26, 2017
Sold by
Locked Robert A and Lockard Holley S
Bought by
Adcock Kellen and Adcock Mary Beth
Seller's Agent
John Sanders
Four-U Realty Inc
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,910
Interest Rate
3.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Vanzanten Zachary -- Title Guaranty
Adcock Kellen -- Title Guaranty
Adcock Kellen $129,900 Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanzanten Zachary $403,003
Previous Owner Adcock Kellen $116,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $603,000 +0.5% $498 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $599,900 -6.3% $496 / Sq Ft
06/16/2022 06/16/22 For Sale $639,900 +392.6% $529 / Sq Ft
06/06/2017 06/06/17 Sold $129,900 0.0% $108 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/19/2017 03/19/17 For Sale $129,900 -- $108 / 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 $3,222 $467,900 $77,800 $390,100
2023 $2,714 $369,400 $66,700 $302,700
2022 $2,337 $253,500 $51,300 $202,200
2021 $1,398 $253,500 $51,300 $202,200
2020 $1,306 $130,400 $19,000 $111,400
2019 $1,298 $113,900 $16,300 $97,600
2018 $1,192 $106,400 $14,700 $91,700
2017 $1,056 $92,500 $14,700 $77,800
2016 $1,094 $89,800 $14,300 $75,500
2015 $1,222 $89,100 $15,000 $74,100
2013 $1,222 $88,200 $16,700 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1953284

Northwest Multiple Listing Service (NWMLS)

APN: 009800-405-000