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  • Listed by: Latham Realty Unlimited Inc • Jeff T. Latham
    Bought with: MORE Realty
    $485,000

    373 Rainbow Drive, Sedro Woolley, WA 98284

    3beds
    1,878sqft
    Single Family Residence
    Built in 2000
    0.33 Acres Lot
    $485,200 Zestimate®
    $258/sqft
    $2,752 Estimated rent

    Home value

    $485,200

    $461,000 - $514,000

    $2,752/mo

    Zestimate® history
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    What's special

    Private backyard setting
    Enjoy peaceful Glenhaven living w/ extra space, major updates & endless potential on approximately 1/3 acre across 2 lots! Tucked away on a quiet dead-end street, this well-maintained property offers a rare amount of outdoor space for the area w/ room to spread out, entertain, garden or potentially add a shop or additional parking/storage (buyer to verify). The freshly painted exterior adds curb appeal while important improvements provide peace of mind, including a newer roof w/ plywood underlay completed approx. 3 years ago, reinsulated attic & crawlspace for improved efficiency, plus updated septic risers & pump. Inside, the cozy propane fireplace efficiently heats the home & creates a warm, inviting atmosphere throughout the cooler months. Large 2-car garage provides excellent storage, workspace & room for hobbies, while the expansive deck leads to a gazebo already wired for a hot tub—perfect for relaxing or entertaining in the private backyard setting. Enjoy being just a short walk to Glenhaven’s community lake access, clubhouse, pool, tennis courts, playgrounds, trails & parks. Conveniently located between Bellingham & Mount Vernon w/ easy access to Burlington shopping, dining & I-5 commuting, this location offers the perfect balance of quiet Northwest living & convenience. Nearby recreation includes fishing, kayaking, hiking, camping, lakes, rivers & endless outdoor adventures throughout the scenic Skagit Valley foothills.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff T. Latham,

    Latham Realty Unlimited Inc,

    Tracey Derkowski,

    Latham Realty Unlimited Inc

    Bought with:

    Megan Johnson, 115610

    MORE Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2532602MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Fourth
    Bedroom
    • Level: Fourth
    Bedroom
    • Level: Fourth
    Bathroom full
    • Level: Fourth
    Bathroom full
    • Level: Fourth
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Third
    Living room
    • Level: Second
    Heating
    • Fireplace, Forced Air, Electric, Propane
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater: on demand
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Laminate
    • Windows: Skylight(s)
    • Number of fireplaces: 1
    • Fireplace features: See Remarks, Upper Level: 1, Fireplace
    Interior area
    • Total structure area: 1,878
    • Total interior livable area: 1,878 sqft

    Property

    Parking
    • Parking features: Driveway, Attached Garage
    • Has attached garage: Yes
    Features
    • Levels: Multi/Split
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Water Heater
    • Has view: Yes
    • View description: Lake, Partial, Territorial
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 0.33 Acres
    • Features: Dead End Street, Paved, Cable TV, Deck
    • Topography: Level,Partial Slope
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 3704320604180000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Multi Level
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Cement Plank
    • Foundation: Poured Concrete, Slab
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 2000

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Community, Company: Glenhaven Lakes Assoc

    Community & HOA

    Community
    • Features: Boat Launch, CCRs, Clubhouse, Playground, Trail(s)
    • Subdivision: Glenhaven
    HOA
    • Services included: Common Area Maintenance, See Remarks
    • HOA fee: $876 annually
    Location
    • Region: Sedro Woolley

    Financial & listing details

    • Price per square foot: $258/sqft
    • Tax assessed value: $378,622
    • Annual tax amount: $3,379
    • Date on market: 7/24/2026
    • Cumulative days on market: 31 days
    • Listing terms: Conventional,FHA,USDA Loan,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    7/24/2026Sold$485,000-2.6%$258/sqft
    Source: NWMLS as distributed by MLS GRID #2532602 Report a problem
    7/3/2026Pending sale$498,200$265/sqft
    Source: NWMLS as distributed by MLS GRID #2532602 Report a problem
    6/19/2026Price change$498,200-5.1%$265/sqft
    Source: NWMLS as distributed by MLS GRID #2532602 Report a problem
    6/2/2026Listed for sale$525,000+25%$280/sqft
    Source: NWMLS as distributed by MLS GRID #2532602 Report a problem
    6/7/2023Sold$420,000-8.5%$224/sqft
    Source: NWMLS as distributed by MLS GRID #2054131 Report a problem
    5/8/2023Pending sale$459,000$244/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2054131 Report a problem
    4/21/2023Listed for sale$459,000+87.3%$244/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2054131 Report a problem
    9/13/2007Sold$245,000$130/sqft
    Source: NWMLS as distributed by MLS GRID #27080456 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,768 -9.4%$378,622 -16.8%
    2023$3,054 -2.6%$454,804 +13.5%
    2022$3,135 +9.4%$400,704 +26%
    2021$2,865 +12.8%$318,022 +27%
    2020$2,540 $250,410 +2.9%
    2019$2,540 +1.5%$243,471 +3.6%
    2018$2,501 +12.3%$235,118 +14.5%
    2017$2,227 -11.1%$205,369 +16.4%
    2016$2,506 +28.7%$176,461 +5%
    2015$1,946 $167,988
    2014$1,946 -3.2%$167,988 -1.2%
    2013$2,010 $170,049 +3.4%
    2012-- $164,516 -7.1%
    2011-- $177,144 -3.1%
    2010-- $182,829 -7.1%
    2009$2,014 +35.9%$196,875
    2008$1,482 $196,875 +42.7%
    2007$1,482 -24.1%$137,980
    2005$1,953 $137,980
    2004$1,953 +15%$137,980 +19.1%
    2003$1,699 -0.2%$115,900
    2002$1,701 +0.1%$115,900
    2001$1,699 $115,900
    2000-- $115,900 +2475.6%
    1999-- $4,500
    Find assessor info on the county website

    Neighborhood: 98284

    Nearby schools

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