Listed by Coldwell Banker Evergreen, Bought with Century 21 Blue Chip
$260,000
SOLD FEB 20, 2026

987 Tipsoo Loop N Rainier, WA 98576

2 Beds
1 Bath
784 Sq Ft
22,128 Sq Ft Lot

Recently Sold

$332 Per Sq Ft

2% Above List Price

Highlights

  • RV Access or Parking
  • Territorial View
  • No HOA
  • Wooded Lot
  • Corner Lot
  • Walk-In Closet

About This Home

As of February 2026

Welcome to this charming 2 bedroom, 1 bathroom home nestled on a spacious half-acre corner lot in the heart of Rainer. The fully fenced backyard provides both privacy and endless possibilities, whether you envision a thriving garden, space for pets to roam, or gatherings with friends. Newer metal roof and an updated three bedroom septic installed in 2020, giving you flexibility for the future. The primary bedroom features a walk-in closet, while outside a roomy shed adds convenience for storage. With ample parking available, you'll never run short on space for vehicles or other recreational toys. Just 20 minutes to Olympia and JBLM!

Last Agent to Sell the Property

Shaya Prosser

Coldwell Banker Evergreen License #24008725 Listed on: 09/25/2025

Coldwell Banker Evergreen

Last Buyer's Agent

Shannon Hopkins

Century 21 Blue Chip License #136800

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2437478

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Manufactured Home With Land

Est. Annual Taxes

  • $402

Year Built

  • Built in 1982

Lot Details

  • 22,128 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • Metal Roof
  • Metal Construction or Metal Frame
  • Tie Down
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • Driveway
  • RV Access or Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Water Heater
  • Septic Tank

Additional Features

  • Outbuilding
  • Manufactured Home With Land

Community Details

  • No Home Owners Association
  • Rainier Subdivision

Listing and Financial Details

Property Details

Home Type

Manufactured Home With Land

Est. Annual Taxes

$402

Year Built

Built in 1982

Lot Details

0.51 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Manufactured On Land
  • StyleCode: 20 - Manuf-Single Wide
  • Year Built: 1982
  • Inclusions: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 784
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing_results/NWMLS/2437478, https://www.workforce-resource.com/dpr/listing/NWMLS/2437478?w=Consumer&agent=148970
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Dbl Pane/Storm Window, Walk-In Closet(s), Water Heater
  • Living Area: 784
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 784
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Body Type: Single Wide
  • Construction Type: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Tie Down
  • Structure Type: Manufactured House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, RV Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Rainer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric
  • CableConnected: Comcast

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: 63550009400
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.508
  • Lot Size Sq Ft: 22128
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings,RV Parking
  • MLSLotSizeSource: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 402

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Rainier Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2025
Closed on
Feb 19, 2026
Sold by
Morlan Edward Lee and Morlan Cheryl Lynn
Bought by
Smith Latasha Antqunet
Seller's Agent
Shaya Prosser
Coldwell Banker Evergreen
Buyer's Agent
Shannon Hopkins
Century 21 Blue Chip
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Views
292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.20%
Original Mortgage
$268,580
Outstanding Balance
$268,580
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$4,377

Purchase Details

Listed on
Apr 26, 2022
Closed on
Sep 16, 2022
Sold by
Wood Jerrell L
Bought by
Morlan Edward Lee and Morlan Cheryl Lynn
Seller's Agent
Richard Simmons
Fairway Real Estate
Buyer's Agent
Emma Kowalski
Keller Williams South Sound
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $260,000 Chicago Title
Warranty Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,580 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2026 02/20/26 Sold $260,000 +2.0% $332 / Sq Ft
11/27/2025 11/27/25 Pending -- -- --
09/25/2025 09/25/25 For Sale $255,000 +10.9% $325 / Sq Ft
09/19/2022 09/19/22 Sold $230,000 -8.0% $293 / Sq Ft View Prior Sale
08/17/2022 08/17/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $250,000 +8.7% $319 / Sq Ft
07/27/2022 07/27/22 Off Market $230,000 -- --
07/18/2022 07/18/22 Price Changed $250,000 -3.8% $319 / Sq Ft
04/26/2022 04/26/22 For Sale $260,000 -- $332 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $973 $106,400 $106,400 --
2024 $973 $108,700 $108,700 --
2023 $973 $100,400 $100,400 $0
2022 $787 $81,300 $81,300 $0
2021 $696 $73,200 $73,200 $0
2020 $574 $63,900 $63,900 $0
2019 $525 $47,300 $43,300 $4,000
2018 $580 $44,200 $41,400 $2,800
2017 $474 $36,700 $34,700 $2,000
2016 $604 $43,800 $42,200 $1,600
2014 -- $43,700 $42,200 $1,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2437478

Northwest Multiple Listing Service (NWMLS)

APN: 63550009400

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