NEW PRICE! Beautiful Rainbow Lake home with 97' no bank waterfront! Spacious 1760 sf floor plan with vaulted ceiling invites you into the main level, featuring 2 bed/1 bath, living room and kitchen. Daylight basement offers 1 bed/1bath and family room with pellet stove which adds a cozy touch. Enjoy the lake views from both your upper and lower deck - plus backyard is fully fenced! Close to town!
Sold
Listed by: John L. Scott Shelton • April Pierce
Bought with: Pellego, Inc.
$375,000
111 E Rainbow Drive, Shelton, WA 98584
3beds
1,760sqft
Single Family Residence
Built in 1991
9,583 Square Feet Lot
$380,500 Zestimate®
$213/sqft
$2,549 Estimated rent
Home value
$380,500
$304,000 - $476,000
$2,549/mo
Zestimate® history
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List your homeWhat's special
Lake viewsDaylight basementUpper and lower deckVaulted ceiling
Zillow last checked:
Listing updated:
Listed by:
April Pierce,
John L. Scott Shelton
Bought with:
Mark Datskiy, 24008955
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2294082
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom full
- Level: Lower
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Wall Unit(s), Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Bath Off Primary, Dining Room
- Windows: Double Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Pellet Stove, Lower Level: 1, Fireplace
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage
- Attached garage spaces: 1
Features
- Levels: Multi/Split
- Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Jetted Tub
- Spa features: Bath
- On waterfront: Yes
- Waterfront features: No Bank
Lot
- Size: 9,583 Square Feet
- Features: Paved, Deck, Fenced-Partially
- Topography: Level,Partial Slope
Details
- Parcel number: 321345000060
- Zoning description: RR5,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1991
- Major remodel year: 1991
Utilities & green energy
- Electric: Company: PUD#3
- Sewer: Septic Tank
- Water: Community, Company: PUD 1
- Utilities for property: Comcast
Community & HOA
Community
- Features: CCRs
- Subdivision: Rainbow Lake
HOA
- HOA fee: $120 annually
- HOA phone: 360-490-5976
Location
- Region: Shelton
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $342,380
- Annual tax amount: $2,704
- Date on market: 11/6/2024
- Cumulative days on market: 623 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Pending sale | $380,000+1.3%$216/sqft |
Source:  NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 1/21/2025 | Sold | $375,000-1.3%$213/sqft |
Source: NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 12/20/2024 | Contingent | $380,000$216/sqft |
Source: NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 12/17/2024 | Listed for sale | $380,000$216/sqft |
Source: NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 12/11/2024 | Pending sale | $380,000$216/sqft |
Source: NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 11/21/2024 | Price change | $380,000-4.8%$216/sqft |
Source: NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 10/14/2024 | Price change | $399,000-6.1%$227/sqft |
Source: NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 9/30/2024 | Listed for sale | $425,000+124.9%$241/sqft |
Source: NWMLS as distributed by MLS GRID #2294082 Report a problem | ||
| 3/31/2006 | Sold | $189,000$107/sqft |
Source: NWMLS as distributed by MLS GRID #25164602 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,149 +355% | $342,380 +3.4% |
| 2023 | $472 -47.9% | $331,105 +12.8% |
| 2022 | $906 -1.3% | $293,590 +21.4% |
| 2021 | $918 -6.9% | $241,795 +11.2% |
| 2020 | $986 -61.1% | $217,395 +28% |
| 2018 | $2,532 +17.9% | $169,880 |
| 2017 | $2,148 +192.4% | $169,880 +14.9% |
| 2016 | $734 -56.1% | $147,865 |
| 2015 | $1,675 -0.1% | $147,865 +4.9% |
| 2014 | $1,677 | $141,005 +10.6% |
| 2013 | $1,677 | $127,520 -14.5% |
| 2012 | -- | $149,095 -2.9% |
| 2011 | -- | $153,550 -15.1% |
| 2010 | -- | $180,760 |
| 2009 | -- | $180,760 |
Find assessor info on the county website
Neighborhood: 98584
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Nearby schools
GreatSchools rating
- 4/10Pioneer Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 2/10Pioneer Intermediate/Middle SchoolGrades: 6-8Distance: 2.5 mi
Schools provided by the listing agent
- High: Shelton High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$380,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$380,500
- Washington
- Mason County
- Shelton
- 98584
- 111 E Rainbow Drive
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