NOT LISTED FOR SALE

1862 Rainier Dr E Monmouth, OR 97361

Estimated Value: $444,416 - $481,000

3 Beds
2 Baths
1,563 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2014

Last sale price $195,000 $125 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,751 / mo

36 Days on Market

Highlights

  • RV Access or Parking
  • Recreation Room
  • Main Floor Primary Bedroom
  • Living Room with Fireplace
  • Territorial View
  • Covered Patio or Porch

About This Home

As of October 2014

This home is located at 1862 Rainier Dr E, Monmouth, OR 97361 since 23 July 2014 and is currently estimated at $459,854, approximately $294 per square foot. This property was built in 2003. 1862 Rainier Dr E is a home located in Polk County with nearby schools including Ash Creek Elementary School, Talmadge Middle School, and Central High School.

Last Agent to Sell the Property

Amber Locke-Archibald

MADE OUT WEST LAND COMPANY, LLC License #200504198 Listed on: 07/23/2014

Last Buyer's Agent

Kenneth Marshall

CORVALLIS REALTY & INVESTMENTS License #200404300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 2003

Lot Details

  • 5,850 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned SR

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,563 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 133

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,744

Year Built

Built in 2003

Lot Details

5,850 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In, Microwave Included, Range Included
  • Syndicated Remarks: A covered front porch welcomes you into this nice clean home that is move in ready! Kitchen is open to the breakfast nook and to the family room which features vaulted ceilings, laminate floors & gas fireplace. Living room also has laminate flooring & can be used as a formal dinning area. Upstairs bonus room allows for additional living space or possible 4th bedroom. Master bedroom has walk in closet, vaulted ceiling & master bath with soaking tub. Yard in nicely landscaped with UGS and room for RV parking.
  • Cross Street: Park
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Range, Frig, Window Coverings
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12X13, On Level: 1/Main
  • Bedroom 2: Dimensions: 10X11, On Level: 1/Main
  • Bedroom 3: Dimensions: 10X11, On Level: 1/Main
  • Additional Room: Dimensions: 20.5X11.5, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 7.5X8.5, On Level: 1/Main
  • Family Room: Dimensions: 11X12, On Level: 1/Main
  • Living Room: Dimensions: 13X12, On Level: 1/Main
  • Kitchen: Dimensions: 12.5X8.5, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Rec Room
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio, Patio
  • Exterior Color: Grey
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5850
  • Lot: 133
  • Lot Type: Common Area
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: SR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2013
  • Tax Amount: 2744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Oct 15, 2014
Sold by
Drennan Denton K and Drennan Rhonda J
Bought by
Mercer Ronald M and Mercer Heather M
Seller's Agent
Amber Locke-Archibald
MADE OUT WEST LAND COMPANY, LLC
Buyer's Agent
Kenneth Marshall
CORVALLIS REALTY & INVESTMENTS
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$459,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,854
Avg. Annual Appreciation
7.74%
Original Mortgage
$195,000
Outstanding Balance
$149,386
Interest Rate
4.08%
Mortgage Type
VA
Estimated Equity
$310,468
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mercer Ronald M $195,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Ronald M $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $195,000 -2.5% $125 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $199,900 -- $128 / Sq Ft
Source: Willamette Valley MLS

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 $3,733 $226,450 $64,850 $161,600
2024 $3,733 $219,860 $62,960 $156,900
2023 $3,889 $213,460 $61,120 $152,340
2022 $3,500 $207,250 $59,340 $147,910
2021 $3,460 $201,220 $57,610 $143,610
2020 $3,323 $195,360 $55,930 $139,430
2019 $3,226 $189,670 $54,300 $135,370
2018 $3,115 $184,150 $52,720 $131,430
2017 $3,098 $178,790 $51,180 $127,610
2016 $3,165 $173,590 $49,690 $123,900
Source: Public Records

Agents Affiliated with this Home

  • Amber Locke-Archibald

    Seller's Agent in 2014

    Amber Locke-Archibald

    MADE OUT WEST LAND COMPANY, LLC

    (503) 551-3244

    100 Total Sales

    Amber Locke-Archibald
    Section Image

  • K

    Buyer's Agent in 2014

    Kenneth Marshall

    CORVALLIS REALTY & INVESTMENTS

    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 679807

Willamette Valley MLS

APN: 564043

Oregon Polk County Monmouth 97361

1862 Rainier Dr E, Monmouth, OR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.