Seller's Agent in 2025
Sarah Borders
RE/MAX
(503) 396-9497
66 Total Sales
516 E 2nd St Rainier, OR 97048
Estimated Value: $257,000 - $262,000
2
Beds
1
Bath
866
Sq Ft
$300/Sq Ft
Est. Value
Highlights
- New Construction
- Deck
- Quartz Countertops
- River View
- Vaulted Ceiling
- No HOA
About This Home
As of May 2025This beautifully designed single-level home offers modern living with a relaxed, peaceful setting. The open floor plan creates a seamless flow from the stylish kitchen to the living area that overlooks a treed greenspace. Crafted with high-quality building materials, this duplex boasts exceptional durability and style while the large windows allow natural light to pour in. Enjoy the convenience of low-maintenance living while being just a short walk away from local shops, cafes, and all the charm this small town has to offer. Don’t miss out on this incredible opportunity to own a piece of this serene community with all the comforts of a brand-new home!
Last Agent to Sell the Property
RE/MAX Powerpros License #201226107 Listed on: 02/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $125
Year Built
- Built in 2025 | New Construction
Lot Details
- 1 Common Wall
- Level Lot
Parking
- 1 Car Attached Garage
- Garage on Main Level
- Garage Door Opener
- Driveway
- On-Street Parking
Property Views
- River
- Woods
- Territorial
Home Design
- Property Attached
- Composition Roof
- Board and Batten Siding
- Concrete Perimeter Foundation
Interior Spaces
- 866 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Laminate Flooring
- Crawl Space
- Washer and Dryer
Kitchen
- Free-Standing Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Accessible Home Design
- Accessibility Features
- Level Entry For Accessibility
- Minimal Steps
Outdoor Features
- Deck
- Porch
Schools
- Hudson Park Elementary School
- Rainier Middle School
- Rainier High School
Utilities
- Cooling Available
- Zoned Heating
- Heat Pump System
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 18300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2025
Closed on
May 16, 2025
Sold by
Heim Investments Llc
Bought by
Davis Robert
Seller's Agent
Sarah Borders
RE/MAX Powerpros
Buyer's Agent
Chandy Baldoni
HomeSmart Realty Group
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%
Total Days on Market
63
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99
Avg. Annual Appreciation
-0.14%
Original Mortgage
$170,000
Outstanding Balance
$169,699
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$90,202
Purchase Details
Closed on
Jan 5, 2024
Sold by
Jurgens Paul and Jurgens Ana G
Bought by
Heim Investments Llc
Purchase Details
Closed on
Feb 16, 2021
Sold by
U B Llc
Bought by
Jurgens Paul and Jurgens Anna G
Purchase Details
Closed on
Feb 24, 1993
Bought by
Ub Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davis Robert | $260,000 | Ticor Title | |
| Heim Investments Llc | $24,000 | Ticor Title | |
| Jurgens Paul | $13,000 | Ticor Title | |
| Ub Llc | $2,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Robert | $170,000 | |
| Previous Owner | Heim Investments Llc | $284,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $260,000 | -1.9% | $300 / Sq Ft |
| 04/09/2025 04/09/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | Price Changed | $264,999 | -46.9% | $306 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $499,000 | 0.0% | $576 / Sq Ft |
| 02/25/2025 02/25/25 | Price Changed | $499,000 | +78.9% | $576 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $279,000 | -- | $322 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $125 | $6,720 | $6,720 | -- |
| 2023 | $123 | $6,530 | $6,530 | $0 |
| 2022 | $118 | $6,340 | $6,340 | $0 |
| 2021 | $116 | $6,160 | $6,160 | $0 |
| 2020 | $113 | $5,990 | $5,990 | $0 |
| 2019 | $111 | $5,820 | $5,820 | $0 |
| 2018 | $109 | $5,660 | $5,660 | $0 |
| 2017 | $108 | $5,500 | $5,500 | $0 |
| 2016 | $105 | $5,340 | $5,340 | $0 |
| 2015 | $101 | $5,190 | $5,190 | $0 |
| 2014 | $98 | $5,040 | $5,040 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Borders
-
Chandy Baldoni
C
Buyer's Agent in 2025
Chandy Baldoni
HomeSmart Realty Group
(503) 899-7312
28 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 615697572
APN: 0301072160430400000
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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