Listed by Windermere Real Estate/CIR
NOT LISTED FOR SALE

1331 Rainbow Ln Camano Island, WA 98282

Estimated Value: $772,000 - $917,401

3 Beds
2 Baths
1,850 Sq Ft
$468/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $930,000 $503 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,100/month

Highlights

  • Waterfront Community
  • Deck
  • Traditional Architecture
  • Bay View
  • Vaulted Ceiling
  • Engineered Wood Flooring

About This Home

As of April 2022

Subtle and comfortable luxury with expansive views of Port Susan Bay and the Cascade Mountains. 4 year young rambler, "better than new" construction with loads of upgrades. Only owner has added access stairs to deck, fully fenced backyard with landscaping and garden area. Deck also has great retractable privacy/wind screens. Outdoor seating area to enjoy the view. Owners removed carpeting and matched engineered hardwoods throughout with ceramic tile Baths. More upgrades include pro gas range & heat pump. Enjoy warm fires in the winter, summer nights on the deck & views all year with all the colors of Camano Island! Perfect location for access to Community Beaches, Shopping, Restaurants, Health Clinic, Schools and State Parks. This is it!

Last Agent to Sell the Property

Beth A. Newton

Windermere Real Estate/CIR License #24230 Listed on: 03/09/2022

Windermere Real Estate/CIR

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1898463

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,966

Year Built

  • Built in 2018

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 70' x 125'
  • West Facing Home
  • Property is Fully Fenced
  • Sloped Lot
  • Garden
  • Property is in very good condition
  • Zoning described as 10

Property Views

  • Bay
  • City
  • Mountain

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Elger Bay Elementary School
  • Stanwood Mid Middle School
  • Stanwood High School

Utilities

  • Heat Pump System
  • Propane
  • Tankless Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 26 / 6
  • Assessor Parcel Number S625006060260

Community Details

Overview

  • No Home Owners Association
  • Built by Boots General Construction
  • Country Club Subdivision

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,966

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2018
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: CCC 6
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1850
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Heat Pump, Tankless Water Heater, Ceramic Tile, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Water Heater
  • Living Area: 1850
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1850
  • 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,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), See Remarks
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: Boots General Construction
  • Direction Faces: West
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Propane, Septic System, Electricity Available, Propane
  • HeatingCoolingType: Heat Pump,Insert,Tankless Water Heater
  • PowerCompany: P.U.D.
  • SewerCompany: Private Septic
  • WaterCompany: Camano Water Association
  • WaterHeaterLocation: Crawlspace
  • WaterHeaterType: On Demand/Tankless
  • CableConnected: Astound Broadband
  • InternetConnected: Astound Broadband

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Stanwood-Camano
  • High School: Stanwood High
  • Middle Or Junior School: Stanwood Mid

Lot Info

  • Parcel Number: S625006060260
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.2009
  • Lot Size: 70' x 125'
  • Lot Size Sq Ft: 8750
  • Zoning Description: 10
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Propane
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 26
  • IrrigationComments: N/A

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4966

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Elger Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 3, 2018
Sold by
Boots General Contracting Inc
Bought by
Newton Dennis and Newton Lorraine
Seller's Agent
Hans Ostrander
Windermere Real Estate/CIR
Buyer's Agent
Josh Feyen
RE/MAX Whatcom County, Inc.
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$866,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,600
Avg. Annual Appreciation
10.58%
Original Mortgage
$301,000
Outstanding Balance
$262,490
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$604,110

Purchase Details

Closed on
Jan 17, 2018
Sold by
Wylie Cameron J and Wylie Mary M
Bought by
Boots General Contracting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.94%
Mortgage Type
Unknown
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
Newton Dennis $430,000 None Available
Boots General Contracting Inc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Dennis $301,000
Previous Owner Boots General Contracting Inc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Sold $930,000 +24.2% $503 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $749,000 +74.2% $405 / Sq Ft
10/09/2018 10/09/18 Sold $430,000 0.0% $232 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $430,000 -- $232 / 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 $5,861 $810,495 $360,000 $450,495
2023 $5,861 $767,621 $330,000 $437,621
2022 $5,081 $699,452 $300,000 $399,452
2021 $4,966 $550,109 $200,000 $350,109
2020 $4,711 $520,652 $180,000 $340,652
2019 $2,599 $485,781 $230,000 $255,781
2018 $1,200 $265,804 $130,000 $135,804
2017 $656 $130,000 $130,000 $0
2016 $675 $75,000 $75,000 $0
2015 $697 $75,000 $75,000 $0
2013 -- $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1898463

Northwest Multiple Listing Service (NWMLS)

APN: S6250-06-06026-0