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703 King Dr

Rainier, OR 97048

3 bd 3 ba 1,538 sqft Built 2005 Lot 3,484 sqft townhomes
Most recent sale
$380,500
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $380,500 MLS #22268621
May 4, 2022 Listed $399,900 MLS #22268621
Jul 14, 2016 Sold $225,000 MLS #15388852
Mar 1, 2016 Listed $229,900 MLS #15388852
Oct 8, 2010 Listing removed $269,900 RMLS
Jun 7, 2010 Listed $269,900 MLS #10047295
Sep 2, 2005 Sold $205,910 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $167,100 $60,590 $227,690 $4,205
2023 $151,740 $62,890 $214,630 $4,050
2022 $147,330 $61,050 $208,380 $3,867
2021 $140,600 $61,720 $202,320 $3,804
2020 $133,850 $62,580 $196,430 $3,697
2019 $131,990 $58,720 $190,710 $3,639
2018 $126,280 $58,880 $185,160 $3,555
2017 $122,600 $57,170 $179,770 $3,521
2016 $119,030 $55,510 $174,540 $3,421
2015 $127,070 $42,390 $169,460 $3,018
2014 $105,770 $38,310 $144,080 $2,524
2013 $103,280 $42,000 $145,280 $2,577
2012 $95,500 $42,960 $138,460 $2,461
2011 $115,550 $43,790 $159,340 $2,828
2010 $108,000 $56,530 $164,530 $3,126
2009 $104,860 $54,880 $159,740 $3,014
2008 $101,810 $53,280 $155,090 $2,697
2007 $98,850 $51,730 $150,580 $2,571

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,538 sqft
Lot size
3,484 sqft
ZIP code
97048
City
Rainier
Street
King Dr
Coordinates
46.09431, -122.94490

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
$3,076
Gross rental yield
9.70%
Implied cap rate
6.31%
Trend-extrapolated value

Frequently asked questions

When did 703 King Dr last sell?
703 King Dr most recently sold on Jun 22, 2022 for $380,500.
What is the current tax assessment for 703 King Dr?
The most recent total assessment for 703 King Dr (year 2025) is $227,690 with $4,205 in property tax.
How does 703 King Dr's assessment compare to its last sale price?
The current assessment is 40.2% below the last sale price of $380,500.
When was 703 King Dr built?
703 King Dr was built in 2005.
How does 703 King Dr compare to others on King Dr?
We track 8 other properties on King Dr. Browse the list under "Other properties on King Dr" to compare beds, baths, and sale history.
What are the property facts for 703 King Dr?
703 King Dr is a 3 bed, 3 bath, 1,538 sqft, 3,484 sqft lot townhomes.
Is 703 King Dr a flip candidate?
No — 703 King Dr does not appear in our flips dataset.
Is 703 King Dr a tax-appeal candidate?
No — 703 King 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
0.0%
Implied 1-yr
-0.2%
2026 Q3
$344K
2026 Q4
$343.8K
ZIP 97048 — Median Price History + Forecast

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