Listed by eXp Realty, Bought with John L. Scott Shelton
NOT LISTED FOR SALE

50 E Rainbow Dr Shelton, WA 98584

Estimated Value: $325,000 - $361,000

3 Beds
2 Baths
1,232 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $349,000 $283 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,948/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • Storm Windows
  • Patio
  • 2 Car Attached Garage
  • Walk-In Closet
  • French Doors

About This Home

As of December 2023

Whether you're a first-time homebuyer looking for a cozy place to call home or an investor seeking a valuable addition to your portfolio, this property offers an incredible opportunity. This rambler is in a peaceful residential setting in the charming Rainbow Lake community but is a short drive to all the town amenities. The property boasts a clean 2-car garage, a meticulously manicured yard with a quaint patio area. Imagine enjoying tranquil evenings or hosting gatherings in this picturesque setting. Step inside to imagine the endless opportunities that can be unlocked with the functional layout and natural light that enhances each room. The bedrooms are generously sized and the primary bedroom includes an en-suite bathroom.

Last Agent to Sell the Property

Alexis Newton

eXp Realty License #22011555 Listed on: 11/17/2023

eXp Realty

Co-Listed By

Chad Hauer

Keller Williams Rty Tacoma License #19004

Last Buyer's Agent

Isaiah Johnston

John L. Scott Shelton License #119182

John L. Scott Shelton

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2180837

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1991

Lot Details

  • 7,405 Sq Ft Lot
  • Southeast Facing Home
  • Property is Fully Fenced
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • French Doors
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • Cable TV Available

Community Details

  • Rainbow Lake Associaton Association
  • Secondary HOA Phone (360) 490-5976
  • Rainbow Lake Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built

Built in 1991

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: 1991
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Rainbow Lake
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1232
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2180837?w=Consumer&agent=142022
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, French Doors, Walk-In Closet(s)
  • Living Area: 1232
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1232
  • 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,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Direction Faces: Southeast
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • 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: Driveway, 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: Mason PUD # 3
  • WaterCompany: PUD #1

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Phone: 360-490-5976
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Rainbow Lake Associaton

Schools

  • Junior High Dist: Shelton
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 321345000041
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Outbuildings,Patio
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • LotNumber: 321345000041

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2117

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 18, 2023
Sold by
Hutfless Bruce L and Hutfless Denise D
Bought by
Reandeau Kaiyah and Reandeau Cody
Seller's Agent
Alexis Newton
eXp Realty
Buyer's Agent
Isaiah Johnston
John L. Scott Shelton
List Price
$349,000
Sold Price
$349,000
Views
20
Current Estimated Value
$340,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,701
Avg. Annual Appreciation
-1.35%
Original Mortgage
$13,707
Outstanding Balance
$13,491
Interest Rate
7.76%
Estimated Equity
$326,808

Purchase Details

Closed on
May 7, 2018
Sold by
Hutfless Bruce L
Bought by
Hutfless Bruce L and Hutfless Denise D

Purchase Details

Listed on
Jun 2, 2017
Closed on
Aug 2, 2017
Sold by
Flo Kristin A
Bought by
Hutfless Bruce L
Seller's Agent
Steven Smith
RE/MAX Top Executives
Buyer's Agent
Jodie Guedon
Shelton Land & Homes, LLC
List Price
$172,500
Sold Price
$171,500
Premium/Discount to List
-$1,000
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$121,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
George Robert J
Bought by
Flo Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Reandeau Kaiyah $349,000 Aegis Land Title
Hutfless Bruce L -- None Available
Hutfless Bruce L $171,781 Land Title
Hutfless Bruce L -- None Available
Flo Kristin A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reandeau Kaiyah $13,707
Open Reandeau Kaiyah $342,678
Previous Owner Hutfless Bruce L $121,500
Previous Owner Flo Kristin A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2023 12/19/23 Sold $349,000 0.0% $283 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $349,000 +103.5% $283 / Sq Ft
08/04/2017 08/04/17 Sold $171,500 -0.6% $139 / Sq Ft View Prior Sale
06/17/2017 06/17/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $172,500 0.0% $140 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $172,500 -- $140 / 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 $1,839 $230,050 $19,475 $210,575
2023 $1,839 $236,865 $21,820 $215,045
2022 $2,045 $208,680 $19,305 $189,375
2021 $1,793 $208,680 $19,305 $189,375
2020 $1,735 $168,430 $18,390 $150,040
2018 $1,646 $141,090 $24,000 $117,090
2017 $1,391 $141,090 $24,000 $117,090
2016 $1,393 $122,800 $21,000 $101,800
2015 $1,199 $122,800 $21,000 $101,800
2014 -- $117,075 $20,000 $97,075
2013 -- $105,065 $20,000 $85,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2180837

Northwest Multiple Listing Service (NWMLS)

APN: 32134-50-00041