$388,000
$7K PRICE DROP

318 W 1st St Rainier, OR 97048

Estimated payment $2,316/month

Total Views 4,060
3 Beds
2 Baths
1,360 Sq Ft
$285 Price per Sq Ft

Highlights

  • River View
  • Wood Flooring
  • Corner Lot
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Private Yard

About This Home

Come see this lovingly maintained 3-bedroom, 2-bath home in the heart of Rainier with beautiful river views and all the charm of small-town living. Enjoy a peaceful setting, a friendly community, and easy access to local parks, shops, and restaurants.The main level features a comfortable layout with the primary bedroom and bath conveniently located downstairs. The kitchen is bright and functional, with plenty of cabinet space and a natural flow into the dining and living areas—ideal for everyday living or hosting friends.Upstairs, you'll find two more bedrooms and a full bath. The unfinished basement offers generous storage space, built-in sinks, and room for hobbies, a workshop, or future potential.Step outside to a beautifully landscaped yard with space to garden, entertain, or just relax and take in the river view. With quick access to schools and Highway 30, this move-in-ready home is a perfect opportunity to enjoy the lifestyle and slower pace Rainier is known for.

Listing Agent

Jacqueline Smith

Keller Williams Premier Partners Brokerage Email: jacqueline@evergreenrealestatepartners.com License #201229167 Listed on: 07/09/2025

Keller Williams Premier Partners

Co-Listing Agent

Jennifer Patterson

Keller Williams Premier Partners Brokerage Email: jacqueline@evergreenrealestatepartners.com License #201216587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,469

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Bungalow
  • Composition Roof
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Unfinished Basement
  • Basement Storage

Kitchen

  • Free-Standing Range
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Gazebo
  • Shed

Schools

  • Hudson Park Elementary School
  • Rainier Middle School
  • Rainier High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18213

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,469

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1900
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow, Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 13 Features: Bathroom
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 2.0
  • Interior Amenities: WalltoWallCarpet, WoodFloors
  • Basement: StorageSpace, Unfinished
  • Window Features: VinylFrames
  • Appliances: FreeStandingRange, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodComposite
  • Exterior Features: Fenced, Gazebo, ToolShed, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: River

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hudson Park
  • High School: Rainier
  • Middle Or Junior School: Rainier

Lot Info

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 18213

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2468.63

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,469 $132,870 $41,280 $91,590
2023 $2,434 $129,000 $35,010 $93,990
2022 $2,325 $125,250 $33,660 $91,590
2021 $2,287 $121,610 $34,530 $87,080
2020 $2,222 $118,070 $31,720 $86,350
2019 $2,187 $114,640 $30,794 $83,846
2018 $2,137 $111,310 $45,560 $65,750
2017 $2,117 $108,070 $44,230 $63,840
2016 $2,057 $104,930 $42,950 $61,980
2015 $1,460 $101,880 $35,960 $65,920
2014 $1,473 $98,920 $38,820 $60,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $388,000 -1.8% $285 / Sq Ft
07/09/2025 07/09/25 For Sale $395,000 -- $290 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $161,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Credit Line Revolving
Closed $50,000 Credit Line Revolving
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 620264316

Regional Multiple Listing Service (RMLS)

APN: 0301072160420910000