NOT LISTED FOR SALE

505 Emerald Ln SE Rainier, WA 98576

Estimated Value: $434,813 - $482,000

3 Beds
2 Baths
1,267 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $350,000 $276 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,658/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Attached Garage
  • Fruit Trees
  • Cul-De-Sac
  • Patio

About This Home

As of November 2020

Enjoy one-level living in this charming, clean, and move-in ready home on a fantastic lot! Receive a warm welcome with gorgeous laminate floors, a freshly painted interior, tall ceilings, and a spacious kitchen accented with handcrafted built-in wood cabinets! Retreat to your own sustainable oasis complete with fruit trees, garden beds, play toys, chicken coop, and a peaceful grove-like backspace!

Last Agent to Sell the Property

Tim Lynch

Olympic Sotheby's Int'l Realty License #117939 Listed on: 10/09/2020

Olympic Sotheby's Int'l Realty

Co-Listed By

Radric Marapao

Greene Realty Group LLC

Last Buyer's Agent

Levi Althauser

Voetberg Hansen Real Estate License #127138

Voetberg Hansen Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1675325

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Fruit Trees
  • Wooded Lot
  • Garden

Property Views

  • Territorial Views

Home Design

  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Rainier Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 80530005200

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1267
  • Square Footage Finished: 1267

Exterior Features

  • Exterior: Cement Planked
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Rainier
  • Community Features: CCRs

Schools

  • School District: RAI

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street, Sidewalk
  • Lot Sq Ft: 16974
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Wooded
  • Parcel Number: 80530005200
  • Lot Topography: Fruit Trees, Garden Space, Wooded

Tax Info

  • Tax Amount: 2248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 18, 2020
Sold by
Swanson Tobias and Swanson Carla M
Bought by
Silvers Tharan and Le Nga Thanh
Seller's Agent
Tim Lynch
Olympic Sotheby's Int'l Realty
Buyer's Agent
Levi Althauser
Voetberg Hansen Real Estate
List Price
$339,900
Sold Price
$350,000
Premium/Discount to List
$10,100
2.97%
Current Estimated Value
$461,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,953
Avg. Annual Appreciation
5.53%
Original Mortgage
$343,660
Outstanding Balance
$303,005
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$158,948

Purchase Details

Closed on
Apr 9, 2009
Sold by
Avalanche Construction Llc
Bought by
Swanson Tobias and Swanson Carla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,775
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage
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
Silvers Tharan $350,000 Thurston County Title Co
Swanson Tobias $189,900 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvers Tharan $343,660
Previous Owner Swanson Tobias $193,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $350,000 +3.0% $276 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $339,900 -- $268 / 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 $3,106 $366,600 $123,600 $243,000
2024 $3,106 $344,400 $110,700 $233,700
2023 $3,106 $329,000 $102,500 $226,500
2022 $2,642 $304,800 $64,900 $239,900
2021 $2,205 $254,000 $55,500 $198,500
2020 $2,248 $208,600 $50,300 $158,300
2019 $1,995 $192,800 $42,600 $150,200
2018 $2,263 $177,600 $40,200 $137,400
2017 $1,985 $161,350 $25,850 $135,500
2016 $1,920 $158,700 $38,500 $120,200
2014 -- $143,800 $37,700 $106,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1675325

Northwest Multiple Listing Service (NWMLS)

APN: 80530005200