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Off market
  • $584,500

    506 Emerald Ln SE, Rainier, WA 98576

    4beds
    2,620sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $584,500 Zestimate®
    $223/sqft
    $3,294 Estimated rent

    Home value

    $584,500

    $555,000 - $614,000

    $3,294/mo

    Zestimate® history
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    $3,596/mo

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    What's special

    Garden spaceModern comfortOpen kitchenHigh ceilingsOversized attached garageSprinkler systemWalk-in closet

    Welcome to 506 Emerald Ln SE in Rainier, a beautiful two-story home built in 2017 that blends modern comfort with timeless design. Offering 2,620 sq ft of living space, this home features 4 spacious bedrooms and 2.5 bathrooms, including a luxurious primary suite with a 5-piece bath and walk-in closet. The interior showcases high ceilings, and custom plantation shutters that bring in abundant natural light. The open kitchen is the heart of the home, complete with slab granite countertops, a pantry, and all appliances included, while the living areas flow seamlessly for both daily living and entertaining. Upstairs you'll find all bedrooms plus a dedicated laundry room for convenience. Step outside to a fully fenced backyard with a sprinkler system and garden space, perfect for outdoor relaxation. Central air conditioning ensures year-round comfort, and the oversized attached garage provides ample parking and storage. Located in a quiet Rainier neighborhood with easy access to schools, parks, and local amenities, this property is just a 3035 minute drive to Joint Base LewisMcChord (JBLM), making it a great fit for commuters. Screening Requirements: Credit Score of 650 or above. Monthly gross income is 3x the monthly rent (Example: if rent is $2,000/mo, household must make $6,000/mo.) Proof of income and financial responsibility. Move-in: Minimum 650+ credit score. If you have a credit score of 750+, you do not require a Last Month deposit. Combined Security Deposit for all occupants equals one month's rent. All deposit due at signing of lease. Deposits: Last Month (if credit score is below 750). Security Deposit (equal to one month rent)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Walk In Closet
    Interior area
    • Total interior livable area: 2,620 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Walk In Closet
    Details
    • Parcel number: 80530004700

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,640
    Location
    • Region: Rainier

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $535,700
    • Annual tax amount: $5,552
    • Date on market: 8/28/2025
    • Date available: 09/01/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/2/2025Listing removed$2,640$1/sqft
    Source: Zillow Rentals Report a problem
    9/16/2025Price change$2,640-6.5%$1/sqft
    Source: Zillow Rentals Report a problem
    9/9/2025Price change$2,825-3.4%$1/sqft
    Source: Zillow Rentals Report a problem
    9/2/2025Price change$2,925-2.5%$1/sqft
    Source: Zillow Rentals Report a problem
    8/28/2025Listed for rent$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    6/8/2022Sold$535,000+7%$204/sqft
    Source: NWMLS as distributed by MLS GRID #1925307 Report a problem
    5/10/2022Pending sale$499,950$191/sqft
    Source: NWMLS as distributed by MLS GRID #1925307 Report a problem
    5/5/2022Listed for sale$499,950+56.7%$191/sqft
    Source: NWMLS as distributed by MLS GRID #1925307 Report a problem
    7/27/2017Sold$319,000$122/sqft
    Source: NWMLS as distributed by MLS GRID #1144168 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,552 +23.1%$535,700 +11.2%
    2023$4,512 +1.6%$481,700 -3.4%
    2022$4,440 +4.7%$498,700 +21.1%
    2021$4,243 +19.7%$411,800 +21.7%
    2020$3,545 +9.3%$338,500 +6.9%
    2019$3,244 +625.2%$316,600 +0.4%
    2018$447 +2.6%$315,200 +1288.5%
    2017$436 $22,700 -32.1%
    2016$436 $33,450 +2.1%
    2014$436 +3.8%$32,750
    2007$420 --
    Find assessor info on the county website

    Neighborhood: 98576

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $584,500
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    Estimated market value
    $584,500