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218 Rainey Dr

Drain, OR 97435

3 bd 1 ba 1,053 sqft Built 1957 Lot 10,890 sqft single_family
Most recent sale
$277,000
Oct 12, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 10, 2024 Sold $282,000 RMLS
Jun 9, 2024 Listed $299,000 RMLS
Jun 9, 2024 Listing removed $297,000 RMLS
Jun 8, 2024 Price changed $297,000 RMLS
May 5, 2024 Price changed $297,990 RMLS
Apr 24, 2024 Price changed $310,000 RMLS
Mar 4, 2024 Listed $299,000 RMLS
Oct 12, 2023 Sold $277,000 RMLS
Jul 31, 2018 Sold $136,000 RMLS
Jul 13, 2018 Listed $128,900 RMLS
Jun 13, 2015 Listing removed $110,000 RMLS
Mar 20, 2015 Listed $110,000 RMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $95,100 $986
2021 $92,331 $958
2020 $89,642 $930
2019 $87,032 $903
2018 $84,498 $877
2017 $82,037 $815
2016 $79,648 $791
2015 $77,329 $767
2014 $75,077 $750
2013 $72,891 $724
2012 $70,768 $703
2011 $68,707 $691
2010 $66,706 $667
2009 $64,764 $650
2008 $47,977 $479
2007 $39,279 $374

Property facts

Year built
1957
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,053 sqft
Lot size
10,890 sqft
ZIP code
97435
City
Drain
Street
Rainey Dr
Coordinates
43.68805, -123.29997

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,106
Gross rental yield
9.12%
Implied cap rate
5.93%
Trend-extrapolated value

Frequently asked questions

When did 218 Rainey Dr last sell?
218 Rainey Dr most recently sold on Oct 12, 2023 for $277,000.
What is the current tax assessment for 218 Rainey Dr?
The most recent total assessment for 218 Rainey Dr (year 2022) is $95,100 with $986 in property tax.
How does 218 Rainey Dr's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $277,000.
When was 218 Rainey Dr built?
218 Rainey Dr was built in 1957.
How does 218 Rainey Dr compare to others on Rainey Dr?
We track 5 other properties on Rainey Dr. Browse the list under "Other properties on Rainey Dr" to compare beds, baths, and sale history.
What are the property facts for 218 Rainey Dr?
218 Rainey Dr is a 3 bed, 1 bath, 1,053 sqft, 10,890 sqft lot single_family.
Is 218 Rainey Dr a flip candidate?
No — 218 Rainey Dr does not appear in our flips dataset.
Is 218 Rainey Dr a tax-appeal candidate?
No — 218 Rainey Dr 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
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$292.9K
2026 Q4
$294.5K
ZIP 97435 — Median Price History + Forecast

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