Sold

Listed by: Keller Williams Rty Tacoma • Alexis Newton

Bought with: John L. Scott Shelton

$349,000

50 E Rainbow Drive, Shelton, WA 98584

3beds

1,232sqft

Single Family Residence

Built in 1991

7,405 Square Feet Lot

$360,800 Zestimate^®

$283/sqft

$2,305 Estimated rent

Home value

$360,800

$343,000 - $379,000

$2,305/mo

Zestimate^® history

Owner options

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$2,305/mo

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$2,305/mo

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$2,244/mo

Est. payment

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$2,244/mo

Est. payment

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What's special

Functional layoutNatural lightQuaint patio area

Whether you're a first-time homebuyer looking for a cozy place to call home or an investor seeking a valuable addition to your portfolio, this property offers an incredible opportunity. This rambler is in a peaceful residential setting in the charming Rainbow Lake community but is a short drive to all the town amenities. The property boasts a clean 2-car garage, a meticulously manicured yard with a quaint patio area. Imagine enjoying tranquil evenings or hosting gatherings in this picturesque setting. Step inside to imagine the endless opportunities that can be unlocked with the functional layout and natural light that enhances each room. The bedrooms are generously sized and the primary bedroom includes an en-suite bathroom.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Heating

Ductless HP-Mini Split, Wall Unit(s), Electric

Cooling

Has cooling: Yes

Appliances

Included: Dishwasher_, GarbageDisposal_, Microwave_, Refrigerator_, StoveRange_, Dishwasher, Garbage Disposal, Microwave, Refrigerator, StoveRange

Features

Bath Off Primary, Ceiling Fan(s)
Flooring: Laminate, Carpet
Doors: French Doors
Windows: Double Pane/Storm Window
Basement: None
Has fireplace: No

Interior area

Total structure area: 1,232
Total interior livable area: 1,232 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Attached Garage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Main
Patio & porch: Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, French Doors, Walk-In Closet(s)

Lot

Size: 7,405 Square Feet
Features: Paved, Cable TV, Fenced-Fully, Outbuildings, Patio
Topography: Level

Details

Parcel number: 321345000041
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman,1 Story
Property subtype: Single Family Residence

Materials

Wood Products
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 1991

Utilities & green energy

Electric: Company: Mason PUD # 3
Sewer: Septic Tank
Water: Community, Company: PUD #1

Community & HOA

Community

Subdivision: Rainbow Lake

HOA

HOA fee: $120 annually
HOA phone: 360-490-5976

Location

Region: Shelton

Financial & listing details

Price per square foot: $283/sqft
Tax assessed value: $232,220
Annual tax amount: $2,117
Date on market: 12/18/2023
Cumulative days on market: 947 days
Listing terms: Conventional,FHA,USDA Loan,VA Loan
Inclusions: Dishwasher, GarbageDisposal, Microwave, Refrigerator, StoveRange

Price history

Date	Event	Price
12/19/2023	Sold	$349,000$283/sqft
Source: NWMLS as distributed by MLS GRID #2180837 Report a problem
11/20/2023	Pending sale	$349,000$283/sqft
Source: NWMLS as distributed by MLS GRID #2180837 Report a problem
11/17/2023	Listed for sale	$349,000+103.5%$283/sqft
Source: NWMLS as distributed by MLS GRID #2180837 Report a problem
8/4/2017	Sold	$171,500-0.6%$139/sqft
Source: NWMLS as distributed by MLS GRID #1137226 Report a problem
6/17/2017	Pending sale	$172,500$140/sqft
Source: RE/MAX TOP EXECUTIVES #1137226 Report a problem
6/14/2017	Listed for sale	$172,500$140/sqft
Source: RE/MAX TOP EXECUTIVES #1137226 Report a problem
6/6/2017	Pending sale	$172,500$140/sqft
Source: RE/MAX TOP EXECUTIVES #1137226 Report a problem
6/3/2017	Listed for sale	$172,500+96%$140/sqft
Source: RE/MAX TOP EXECUTIVES #1137226 Report a problem
4/21/2003	Sold	$88,000$71/sqft
Source: NWMLS as distributed by MLS GRID #23021359 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,853 +0.7%	$232,220 -2%
2023	$1,839 -13.1%	$236,865 +13.5%
2022	$2,117 +3.5%	$208,680 +23.9%
2021	$2,045 +14%	$168,430 +13.1%
2020	$1,793 +3.4%	$148,940 +5.6%
2018	$1,735 +16.9%	$141,090
2017	$1,483 -9.9%	$141,090 +14.9%
2016	$1,646 +18.3%	$122,800
2015	$1,391 -0.1%	$122,800 +4.9%
2014	$1,393	$117,075 +11.4%
2013	$1,393	$105,065 -15.5%
2012	--	$124,380 -0.9%
2011	--	$125,525 -14.3%
2010	--	$146,385
2009	--	$146,385