518 5th St
Rainier, OR 97048
4 bd 2 ba 2,648 sqft Built 1966 Lot 10,890 sqft single_family
Most recent sale
$466,000
Feb 7, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 7, 2023 | Sold | $466,000 | RMLS |
| Nov 4, 2022 | Price changed | $459,000 | RMLS |
| Oct 19, 2022 | Price changed | $469,000 | RMLS |
| Oct 11, 2022 | Price changed | $479,000 | RMLS |
| Oct 7, 2022 | Listed | $489,000 | RMLS |
| Apr 30, 2018 | Sold | $292,000 | RMLS |
| Oct 11, 2017 | Listed | $295,000 | RMLS |
| Jun 27, 2006 | Sold | $230,000 | RMLS |
| Mar 12, 2006 | Listed | $230,000 | RMLS |
| Jun 1, 2005 | Sold | $198,900 | RMLS |
| May 9, 2005 | Listed | $198,900 | RMLS |
| May 29, 2004 | Sold | $186,000 | RMLS |
| Mar 2, 2004 | Listed | $186,000 | RMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $201,440 | $67,140 | $268,580 | $4,960 |
| 2023 | $188,450 | $64,720 | $253,170 | $4,777 |
| 2022 | $182,960 | $62,840 | $245,800 | $4,562 |
| 2021 | $194,650 | $44,000 | $238,650 | $4,487 |
| 2020 | $177,620 | $54,080 | $231,700 | $4,361 |
| 2018 | $154,130 | $64,280 | $218,410 | $4,193 |
| 2017 | $149,640 | $62,410 | $212,050 | $4,152 |
| 2016 | $145,290 | $60,590 | $205,880 | $3,928 |
| 2015 | $150,920 | $48,970 | $199,890 | $3,511 |
| 2014 | $142,790 | $51,280 | $194,070 | $3,554 |
| 2013 | $153,360 | $35,060 | $188,420 | $3,463 |
| 2012 | $148,900 | $34,040 | $182,940 | $3,469 |
| 2011 | $144,570 | $33,050 | $177,620 | $3,396 |
| 2010 | $140,360 | $32,090 | $172,450 | $3,276 |
| 2009 | $136,270 | $31,160 | $167,430 | $3,158 |
| 2008 | $132,310 | $30,250 | $162,560 | $2,827 |
| 2007 | $128,460 | $29,370 | $157,830 | $2,695 |
Property facts
Year built
1966
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,648 sqft
Lot size
10,890 sqft
ZIP code
97048
City
Rainier
Street
5th St
Coordinates
46.08542, -122.93301
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,296
Gross rental yield
13.64%
Implied cap rate
8.86%
Trend-extrapolated value
—
Frequently asked questions
When did 518 5th St last sell?
518 5th St most recently sold on Feb 7, 2023 for $466,000.
What is the current tax assessment for 518 5th St?
The most recent total assessment for 518 5th St (year 2025) is $268,580 with $4,960 in property tax.
How does 518 5th St's assessment compare to its last sale price?
The current assessment is 42.4% below the last sale price of $466,000.
When was 518 5th St built?
518 5th St was built in 1966.
How does 518 5th St compare to others on 5th St?
We track 5 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 518 5th St?
518 5th St is a 4 bed, 2 bath, 2,648 sqft, 10,890 sqft lot single_family.
Is 518 5th St a flip candidate?
No — 518 5th St does not appear in our flips dataset.
Is 518 5th St a tax-appeal candidate?
No — 518 5th 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 5th St