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  • Listed by: Windermere RE Skagit Valley
    Bought with: Keller Williams Western Realty
    $389,000

    389 Rainbow Drive, Sedro Woolley, WA 98284

    4beds
    1,592sqft
    Single Family Residence
    Built in 1980
    0.31 Acres Lot
    $395,000 Zestimate®
    $244/sqft
    $2,912 Estimated rent

    Home value

    $395,000

    $375,000 - $415,000

    $2,912/mo

    Zestimate® history
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    What's special

    Open floor planLarge corner double lot
    Contractor special. Icon property in need of some major repair. Large, corner double lot in the peaceful Glenhaven community. Large detached 2 car garage with bonus room. Open floor plan with views of Cain and Reed Lake. Lots of options here. You could fix up and restore the home to its original glory or remodel house and build on the 2nd lot with existing garage. Many community amenities including clubhouse, summer swimming pool.

    Zillow last checked:

    Listing updated:

    Listed by:

    Geri Cole,

    Windermere RE Skagit Valley

    Bought with:

    Kristy Stiles, 25016276

    Keller Williams Western Realty

    Stacy LaCount, 27222

    Keller Williams Western Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2482907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Other
    • Level: Second
    Bonus room
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Stove(s)/Range(s), Dishwasher(s), Water Heater: electric, Water Heater Location: closet
    Features
    • Ceiling Fan(s)
    • Flooring: Ceramic Tile
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,592
    • Total interior livable area: 1,592 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, RV Parking
    • Covered spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Ceiling Fan(s), Vaulted Ceiling(s), Water Heater
    • Has view: Yes
    • View description: Lake, Territorial
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 0.31 Acres
    • Features: Corner Lot, Paved, Cable TV, High Speed Internet, Outbuildings, RV Parking, Shop
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 3704320774390000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 1/2 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1980

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: septic
    • Water: Community, Company: Glenhaven Lakes
    • Utilities for property: Astound, Astound

    Community & neighborhood

    Community
    • Community features: Boat Launch, CCRs, Clubhouse, Park, Playground
    Location
    • Region: Sedro Woolley
    • Subdivision: Glenhaven

    HOA & financial

    HOA
    • HOA fee: $850 annually
    • Services included: Road Maintenance
    • Association phone: 360-595-2061

    Other

    Other facts
    • Listing terms: Rehab Loan
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    4/27/2026Sold$389,000$244/sqft
    Source: NWMLS as distributed by MLS GRID #2482907 Report a problem
    3/2/2026Pending sale$389,000$244/sqft
    Source: NWMLS as distributed by MLS GRID #2482907 Report a problem
    2/27/2026Listed for sale$389,000$244/sqft
    Source: NWMLS as distributed by MLS GRID #2482907 Report a problem
    2/25/2026Pending sale$389,000$244/sqft
    Source: NWMLS as distributed by MLS GRID #2482907 Report a problem
    2/23/2026Listed for sale$389,000+289%$244/sqft
    Source: NWMLS as distributed by MLS GRID #2482907 Report a problem
    2/9/2015Sold$100,000$63/sqft
    Source: NWMLS as distributed by MLS GRID #699997 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,976 -9.4%$407,359 -16.8%
    2023$3,284 -2.6%$489,323 +13.5%
    2022$3,371 +9.5%$431,117 +26%
    2021$3,079 +12.8%$342,159 +27%
    2020$2,730 $269,416 +2.9%
    2019$2,730 +1.5%$261,950 +5.5%
    2018$2,688 +14.4%$248,310 +14.5%
    2017$2,350 -11.1%$216,886 +16.4%
    2016$2,644 +29%$186,401 +5.2%
    2015$2,050 $177,107
    2014$2,050 +299%$177,107 -1.2%
    2013$514 $179,324 +4.9%
    2012-- $170,918
    2011-- --
    2010-- --
    2009$433 -72.9%$116,405 -43%
    2008$1,595 +229.4%$204,180 +37.4%
    2007$484 $148,655 +27.7%
    2005-- $116,405
    2004$598 -45.2%$116,405
    2003$1,092 +3.7%$116,405 -9.9%
    2002$1,053 -0.9%$129,220 +11%
    2001$1,062 $116,405
    2000-- $116,405 +1.2%
    1999-- $114,990

    Find assessor info on the county website

    Neighborhood: 98284

    Nearby schools

    GreatSchools rating
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