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Pending
  • Listed by: Latham Realty Unlimited Inc • Jeff T. Latham
    Price cut: $26.8K (6/19)
    $498,200

    373 Rainbow Drive, Sedro Woolley, WA 98284

    3beds
    1,878sqft
    : 
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    Single Family Residence
    Built in 2000
    0.33 Acres Lot
    $494,700 Zestimate®
    $265/sqft
    $73/mo HOA

    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.
    39 days
    |
    398
    |
    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff T. Latham,

    Latham Realty Unlimited Inc,

    Tracey Derkowski,

    Latham Realty Unlimited Inc

    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: $265/sqft
      • Tax assessed value: $378,622
      • Annual tax amount: $3,379
      • Date on market: 6/10/2026
      • Cumulative days on market: 32 days
      • Listing terms: Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $494,700

        $470,000 - $519,000

        $2,841/mo

        Price history

        DateEventPrice
        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

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98284

        Getting around

        6 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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