NOT LISTED FOR SALE

1341 Rainbow Ln Camano Island, WA 98282

Estimated Value: $661,000 - $996,000

3 Beds
2 Baths
1,597 Sq Ft
$479/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $360,000 $225 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,602/month

49 Days on Market

Highlights

  • Views of a Sound
  • 2 Car Attached Garage
  • 1-Story Property
  • Traditional Architecture
  • Bathroom on Main Level
  • Brush Vegetation

About This Home

As of January 2023

THREE BED FIXER water view. The main level hosts an open floor concept w/wood burning fireplace, expansive kitchen, large dining area, lovely living room and vaulted ceilings, step out on to the deck that runs the full length of the home and Two beds & a full bath complete this floor. The main bedroom entertains the entire top floor w/a private bath, walk in closet and deck. The daylight basement w/ separate entrance has income potential, unfinished area. Membership to Camano Country Club.

Last Agent to Sell the Property

Merrilee O’Brien

Realty One Group Orca License #105144 Listed on: 11/12/2022

Realty One Group Orca

Last Buyer's Agent

Tam Dao

WeLakeside License #107389

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1995001

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1978

Lot Details

  • 8,750 Sq Ft Lot
  • Brush Vegetation
  • Steep Slope

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

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

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Natural lighting in basement
  • Stove

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Bathroom on Main Level

Utilities

  • Septic Tank

Community Details

  • Secondary HOA Phone (360) 387-1655
  • Camano Island Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,058

Year Built

Built in 1978

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • Inclusions: Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2837
  • SeniorExemption: false
  • SOCComments: Of purchase price
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1995001?w=Consumer&agent=84382
  • Special Features: None
  • Cumulative Days on Market: 153

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Appliances: Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Fireplace, Wall to Wall Carpet
  • Living Area: 1597
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1597
  • SquareFootageUnfinished: 1240
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Phone: 360-387-1655
  • Association: Yes

Schools

  • Junior High Dist: Stanwood-Camano

Lot Info

  • Parcel Number: S625006060240
  • Topography: Partial Slope,Steep Slope
  • Land Lease: No
  • Lot Size Acres: 0.2009
  • Lot Size Sq Ft: 8750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • MLSSquareFootageSource: assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3058

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Jan 11, 2023
Sold by
Hughes Mary F
Bought by
Le Triet Minh and Nguyen Nhu-Minh Thi
Seller's Agent
Merrilee O’Brien
Realty One Group Orca
Buyer's Agent
Tam Dao
WeLakeside
List Price
$395,000
Sold Price
$360,000
Premium/Discount to List
-$35,000
-8.86%
Total Days on Market
49
Views
40
Current Estimated Value
$765,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,386
Avg. Annual Appreciation
37.29%
Source: Public Records

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Range of Values:

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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
Le Triet Minh -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Triet Minh $498,000
Previous Owner Hughes Mary F $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $360,000 -8.9% $225 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/20/2022 12/20/22 For Sale $395,000 0.0% $247 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
11/12/2022 11/12/22 For Sale $395,000 -- $247 / 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 $4,257 $646,585 $360,000 $286,585
2023 $4,257 $556,007 $330,000 $226,007
2022 $3,518 $507,989 $300,000 $207,989
2021 $3,405 $379,353 $200,000 $179,353
2020 $3,466 $355,556 $180,000 $175,556
2019 $3,175 $357,539 $230,000 $127,539
2018 $3,433 $328,044 $200,000 $128,044
2017 $2,275 $329,052 $200,000 $129,052
2016 $2,037 $241,068 $110,000 $131,068
2015 -- $207,125 $80,000 $127,125
2013 -- $211,078 $80,000 $131,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1995001

Northwest Multiple Listing Service (NWMLS)

APN: S6250-06-06024-0