12203 Rainbow Dr Arlington, WA 98223
Canyon Creek NeighborhoodEstimated payment $4,520/month
Highlights
- Lake Front
- Fireplace in Primary Bedroom
- Wood Flooring
- RV Access or Parking
- Deck
- Walk-In Pantry
About This Home
Modern custom home in gated Rainbow Springs, where sweeping lake views and refined finishes define every level. The main floor features Brazilian oak floors & a chef’s kitchen with solid-surface counters, accent tile, breakfast bar, & stainless appliances, seamlessly flowing into an inviting living area with fireplace & picture windows. The upper level is a spacious primary retreat with sitting area, spa bath, walk-in closet, & fireplace. The daylight level with separate entry access, kitchenette, bath, laundry, & flexible studio/second bedroom offers guest space or potential income. Outdoor living shines with tiered patios, composite deck, artificial turf, firepit, hot-tub-ready pad, storage shed, new pontoons, & an efficient heat pump.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2438590
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,180
Year Built
- Built in 2018
Lot Details
- 0.28 Acre Lot
- Lake Front
- Gated Home
- Partially Fenced Property
HOA Fees
- $56 Monthly HOA Fees
Home Design
- Poured Concrete
- Composition Roof
Interior Spaces
- 2,160 Sq Ft Home
- 2-Story Property
- Wet Bar
- 2 Fireplaces
- Dining Room
- Lake Views
- Natural lighting in basement
Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Driveway
- RV Access or Parking
Outdoor Features
- Deck
- Patio
- Outbuilding
Utilities
- Forced Air Heating System
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Propane
- Water Heater
- Septic Tank
- High Speed Internet
- High Tech Cabling
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 00551500004600
Community Details
Overview
- Maelissa Knobel Association
- Rainbow Springs Subdivision
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,854 | $586,400 | $256,800 | $329,600 |
| 2024 | $4,854 | $547,200 | $225,600 | $321,600 |
| 2023 | $4,908 | $595,700 | $267,600 | $328,100 |
| 2022 | $4,398 | $433,400 | $167,000 | $266,400 |
| 2020 | $4,087 | $340,200 | $102,000 | $238,200 |
| 2019 | $2,907 | $254,300 | $27,300 | $227,000 |
| 2018 | $354 | $249,900 | $27,300 | $222,600 |
| 2017 | $636 | $49,000 | $49,000 | $0 |
| 2016 | $430 | $31,100 | $31,100 | $0 |
| 2015 | $518 | $35,000 | $35,000 | $0 |
| 2013 | $498 | $30,000 | $30,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/08/2025 11/08/25 | Price Changed | $775,000 | -5.5% | $359 / Sq Ft | |
| 09/26/2025 09/26/25 | For Sale | $820,000 | +2633.3% | $380 / Sq Ft | |
| 05/12/2016 05/12/16 | Sold | $30,000 | -15.5% | -- | View Prior Sale |
| 04/21/2016 04/21/16 | Pending | -- | -- | -- | |
| 03/16/2016 03/16/16 | For Sale | $35,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $313 | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title Company Of Wa | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Warranty Deed | $30,000 | First American Title Ins Co | |
| Deed Of Distribution | -- | Accommodation | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | Construction | |
| Previous Owner | $227,500 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2438590
APN: 005515-000-046-00
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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