Listed by NextHome Northwest Group
$374,500
$75K PRICE DROP

503 Centre St N Rainier, WA 98576

Rainier Area

Estimated payment $2,178/month

Total Views 13,128
2.91 Acres
$128,694 Price per Acre
126,760 Sq Ft Lot

Highlights

  • 2.91 Acre Lot
  • Secluded Lot
  • Open Space
  • Mountain View
  • No HOA
  • Near a Preserve or Public Land

About This Lot

Investor's Opportuniy! Beautiful 2.91 pristine acres in the city of Rainier. This versatile property offers endless development potential, Including: Single Family, Duplexes, Townhouse, Multi-Family, Group Living and Daycare. Cabin on the property is of little value. Value is in the land. City water & Power on Property. Peaceful setting, easy walk to school, parks and close to Yelm-Tenino Trail. Beautiful purple camas flowers & yellow buttercups make the property just explode with color. Mature Douglas Fir trees, some old growth. Just a short drive to amenities in Olympia-JBLM.

Listing Agent

Sandi Hofmann

NextHome Northwest Group License #6359 Listed on: 06/01/2026

NextHome Northwest Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2533829

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,461

Lot Details

  • 2.91 Acre Lot
  • Open Space
  • Secluded Lot
  • Level Lot

Property Views

  • Mountain
  • Territorial

Schools

  • Rainier Primary Sch Elementary School
  • Rainier Mid Middle School
  • Rainier Snr High School

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Rainier Subdivision
  • Near a Preserve or Public Land

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 21609210300

Property Details

Property Type

Land

Est. Annual Taxes

$1,461

Lot Details

2.91 Acres

Listing Details

  • Property Type: Commercial
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Active
  • Prev Status: Active
  • Structure Type: None
  • CalculatedSquareFootage: 0
  • SeniorExemption: true
  • PropertyFeatures: Brush,Garden/Fruit Trees,Lightly Treed,Pasture Land
  • Restrictions: No Restrictions
  • Improvements: Cable TV Available,Driveway,Dwelling,Fenced-Partially
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Mountains, Territorial
  • Lot Features: Adjacent to Public Land, Open Space, Paved, Secluded, Sidewalk
  • Road Surface Type: Gravel, Paved
  • View: Yes
  • Waterfront: No
  • RoadInformation: County Maintained,Gravel,Paved
  • WaterJurisdiction: City of Rainier

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Rainier
  • High School: Rainier Snr High
  • Middle Or Junior School: Rainier Mid

Lot Info

  • Parcel Number: 21609210300
  • Topography: Level
  • Lot Size Acres: 2.91
  • Lot Size Sq Ft: 126760
  • Zoning Description: Residential
  • Zoning: R8/25
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2026
  • Tax Annual Amount: 1461

MLS Schools

  • Elementary School: Rainier Primary Sch

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,507 $456,600 $180,700 $275,900
2024 $1,306 $403,000 $172,000 $231,000
2023 $1,306 $379,800 $164,400 $215,400
2022 $1,685 $356,500 $134,300 $222,200
2021 $1,400 $327,700 $154,900 $172,800
2020 $921 $221,100 $102,700 $118,400
2019 $1,156 $182,800 $73,400 $109,400
2018 $1,204 $158,000 $57,100 $100,900
2017 $1,244 $148,700 $60,400 $88,300
2016 $1,282 $150,100 $64,900 $85,200
2014 -- $136,000 $62,300 $73,700
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2533829

Northwest Multiple Listing Service (NWMLS)
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