Listed by RE/MAX Parkside Affiliates, Bought with Redfin
NOT LISTED FOR SALE

20 E Rainbow Dr Shelton, WA 98584

Estimated Value: $353,776 - $394,000

3 Beds
2 Baths
1,250 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 11, 2025

Last sale price $385,000 $308 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,131/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Patio
  • Corner Lot
  • Storm Windows
  • Bathroom on Main Level

About This Home

As of March 2025

This very well maintained home will steal your heart with the inviting entry, amazing kitchen & appliances, living room, family room & a great floor plan packed into one great home! Shaker cabinets with granite counters, vaulted ceiling, primary bedroom with mini-split & one in the living room too. Primary bath with granite counters & easy clean tub surround. 2 car garage with stout shelving storage. This corner lot home allows nice privacy & is fully fenced & ready for you to call home. Your new home awaits at Rainbow Lake. The perfect size at 1250 sq ft. Not too much to heat, clean or furnish. 6 minutes to Shelton & a short drive to Hwy 3 & Oakland Bay. Rainbow Lake is a small 2 acres private lake with community access.

Last Agent to Sell the Property

Don Sparks

RE/MAX Parkside Affiliates License #87808 Listed on: 02/06/2025

RE/MAX Parkside Affiliates

Co-Listed By

Michelle Sparks

RE/MAX Parkside Affiliates License #23690

Last Buyer's Agent

Rowan Mundhenk

Redfin License #20121038

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2330015

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1990

Lot Details

  • 8,712 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Property is in very good condition

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Pioneer Primary Sch Elementary School
  • Pioneer Intermed/Mid Middle School
  • Shelton High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Rainbow Lake HOA Don Iverson Association
  • Secondary HOA Phone (281) 734-5383
  • Rainbow Lake Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,984

Year Built

Built in 1990

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1990
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Rainbow Lake
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1250
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2330015?w=Consumer&agent=55134
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Laminate, Vaulted Ceiling(s), Water Heater
  • Living Area: 1250
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 1250
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition, See Remarks
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterAccess: Community Waterfront/Pvt Beach

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: Community
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD3
  • SewerCompany: Septic
  • WaterCompany: PUD1
  • WaterHeaterLocation: Laundry Closet
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Phone: 281-734-5383
  • Association: Yes
  • AssociationContactName: Rainbow Lake HOA Don Iverson

Schools

  • Junior High Dist: Pioneer #402
  • High School: Shelton High
  • Middle Or Junior School: Pioneer Intermed/Mid

Lot Info

  • Parcel Number: 32134500040
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2
  • Lot Size: see plat
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: County
  • LotNumber: 40

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1984

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Pioneer Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 5, 2025
Sold by
Cheney Timothy James and Cheney Julie K
Bought by
Denault Jacob
Seller's Agent
Don Sparks
RE/MAX Parkside Affiliates
Buyer's Agent
Rowan Mundhenk
Redfin
List Price
$385,000
Sold Price
$385,000
Views
13
Current Estimated Value
$373,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,306
Avg. Annual Appreciation
-3.57%
Original Mortgage
$385,000
Outstanding Balance
$383,064
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
-$9,370

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 1, 2021
Sold by
Anderson Taylor J and Anderson Andreas
Bought by
Cheney Timothy James
Seller's Agent
Susan Garrick
RE/MAX Top Executives
Buyer's Agent
Michelle Sparks
RE/MAX Parkside Affiliates
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$308,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2015
Closed on
Dec 13, 2015
Sold by
Michel Brian and Ashby Michel Barbara
Bought by
Shrum Taylor J
Seller's Agent
Steven Smith
RE/MAX Top Executives
Buyer's Agent
Susan Garrick
RE/MAX Top Executives
List Price
$154,900
Sold Price
$158,000
Premium/Discount to List
$3,100
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$162,467
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
A V K Corp
Bought by
Michel Brian and Michel Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Denault Jacob $385,000 Aegis Land Title
Cheney Timothy James $325,000 Aegis Land Title Group
Cheney Timothy James $325,000 Aegis Land Title Group
Shrum Taylor J $158,280 Land Title Co
Michel Brian $49,500 Mason County Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denault Jacob $385,000
Previous Owner Cheney Timothy James $308,750
Previous Owner Shrum Taylor J $162,467
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2025 03/11/25 Sold $385,000 0.0% $308 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $385,000 +18.5% $308 / Sq Ft
10/08/2021 10/08/21 Sold $325,000 0.0% $260 / Sq Ft View Prior Sale
08/23/2021 08/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $325,000 +105.7% $260 / Sq Ft
12/16/2015 12/16/15 Sold $158,000 +2.0% $126 / Sq Ft View Prior Sale
10/22/2015 10/22/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $154,900 0.0% $124 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/11/2015 09/11/15 Price Changed $154,900 -3.1% $124 / Sq Ft
08/05/2015 08/05/15 For Sale $159,900 -- $128 / 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
2025 $2,028 $243,440 $21,065 $222,375
2023 $2,028 $258,895 $23,280 $235,615
2022 $2,254 $227,640 $20,605 $207,035
2021 $1,967 $227,640 $20,605 $207,035
2020 $1,897 $183,120 $19,620 $163,500
2018 $1,677 $142,270 $24,000 $118,270
2017 $1,421 $142,270 $24,000 $118,270
2016 $1,423 $123,845 $21,000 $102,845
2015 $1,227 $123,845 $21,000 $102,845
2014 -- $118,050 $20,000 $98,050
2013 -- $98,040 $20,000 $78,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2330015

Northwest Multiple Listing Service (NWMLS)

APN: 32134-50-00040