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420 Rainwater Ln

Albany, OR 97321

3 bd 2 ba 1,560 sqft Built 1989 Lot 117,176 sqft mobile
Most recent sale
$439,500
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2026 Price changed $498,000 RMLS
Mar 30, 2026 Price changed $515,000 RMLS
Mar 24, 2026 Listed $535,000 RMLS
Mar 11, 2026 Listed $535,000 RMLS
Apr 26, 2022 Sold $439,500 Public Record
Feb 20, 2022 Listed $439,500 MLS #788516
Nov 30, 2018 Sold $290,000 MLS #18496044
Jul 22, 2018 Listed $279,000 MLS #18496044

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $241,540 $4,407
2024 $241,540 $4,279
2023 $227,675 $4,158
2022 $221,044 $4,095
2021 $214,606 $3,878
2020 $208,355 $3,926
2019 $202,286 $3,704
2018 $155,859 $2,953
2017 $67,827 $1,285

Property facts

Year built
1989
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
117,176 sqft
ZIP code
97321
City
Albany
Street
Rainwater Ln
Coordinates
44.64369, -123.13130

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,120
Gross rental yield
8.52%
Implied cap rate
5.54%
Trend-extrapolated value

Frequently asked questions

When did 420 Rainwater Ln last sell?
420 Rainwater Ln most recently sold on Apr 26, 2022 for $439,500.
What is the current tax assessment for 420 Rainwater Ln?
The most recent total assessment for 420 Rainwater Ln (year 2025) is $241,540 with $4,407 in property tax.
How does 420 Rainwater Ln's assessment compare to its last sale price?
The current assessment is 45.0% below the last sale price of $439,500.
When was 420 Rainwater Ln built?
420 Rainwater Ln was built in 1989.
How does 420 Rainwater Ln compare to others on Rainwater Ln?
We track 2 other properties on Rainwater Ln. Browse the list under "Other properties on Rainwater Ln" to compare beds, baths, and sale history.
What are the property facts for 420 Rainwater Ln?
420 Rainwater Ln is a 3 bed, 2 bath, 1,560 sqft, 117,176 sqft lot mobile.
Is 420 Rainwater Ln a flip candidate?
No — 420 Rainwater Ln does not appear in our flips dataset.
Is 420 Rainwater Ln a tax-appeal candidate?
No — 420 Rainwater Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+3.0%
2026 Q3
$563.3K
2026 Q4
$567.3K
ZIP 97321 — Median Price History + Forecast

Explore nearby

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