523 2nd St
Rainier, OR 97048
3 bd 2 ba 1,922 sqft Built 2022 Lot 7,405 sqft single_family
Most recent sale
$58,900
Nov 19, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2024 | Sold | $492,888 | RMLS |
| Mar 28, 2024 | Listing removed | $499,900 | RMLS |
| Mar 15, 2024 | Listed | $478,888 | RMLS |
| Mar 29, 2023 | Listing removed | $569,900 | RMLS |
| Nov 19, 2021 | Sold | $58,900 | Public Record |
| Sep 4, 2020 | Sold | $58,900 | RMLS |
| Jul 2, 2019 | Sold | $50,000 | Public Record |
| Jan 11, 2018 | Sold | $65,000 | Public Record |
| Mar 9, 2017 | Sold | $45,100 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $210,370 | $35,770 | $246,140 | $4,546 |
| 2023 | $177,970 | $54,050 | $232,020 | $4,378 |
| 2022 | — | $39,450 | $39,450 | $661 |
| 2021 | $24,118 | $20,052 | $44,170 | $830 |
| 2020 | $23,763 | $29,178 | $52,941 | $996 |
| 2018 | $38,530 | $31,240 | $69,770 | $1,339 |
| 2017 | $37,410 | $30,330 | $67,740 | $1,326 |
| 2016 | $36,320 | $29,450 | $65,770 | $1,289 |
| 2015 | $35,250 | $28,610 | $63,860 | $847 |
| 2014 | $33,000 | $29,000 | $62,000 | $806 |
| 2013 | $39,320 | $20,880 | $60,200 | $798 |
| 2012 | $38,180 | $20,270 | $58,450 | $1,118 |
| 2011 | $37,070 | $19,680 | $56,750 | $1,071 |
| 2010 | $35,990 | $19,110 | $55,100 | $1,046 |
| 2009 | $34,950 | $18,550 | $53,500 | $1,009 |
| 2008 | $33,940 | $18,010 | $51,950 | $903 |
| 2007 | $32,950 | $17,490 | $50,440 | $861 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,922 sqft
Lot size
7,405 sqft
ZIP code
97048
City
Rainier
Street
2nd St
Coordinates
46.08575, -122.93571
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$353
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 523 2nd St last sell?
523 2nd St most recently sold on Nov 19, 2021 for $58,900.
What is the current tax assessment for 523 2nd St?
The most recent total assessment for 523 2nd St (year 2025) is $246,140 with $4,546 in property tax.
How does 523 2nd St's assessment compare to its last sale price?
The current assessment is 317.9% above the last sale price of $58,900.
When was 523 2nd St built?
523 2nd St was built in 2022.
How does 523 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 523 2nd St?
523 2nd St is a 3 bed, 2 bath, 1,922 sqft, 7,405 sqft lot single_family.
Is 523 2nd St a flip candidate?
No — 523 2nd St does not appear in our flips dataset.
Is 523 2nd St a tax-appeal candidate?
No — 523 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.2%
2026 Q3
$344K
2026 Q4
$343.8K
ZIP 97048 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St