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71658 Neer City Rd

Rainier, OR 97048

5 bd 2 ba 2,912 sqft Built 1976 Lot 217,800 sqft single_family
Most recent sale
$642,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Listing removed $729,500 RMLS
May 3, 2022 Sold $642,000 MLS #22433518
Feb 17, 2022 Price changed $685,000 MLS #22433518
Jan 13, 2022 Listed $699,900 MLS #22433518
Jul 20, 2021 Listed $729,500 MLS #21557576
Sep 16, 2003 Sold $215,000 MLS #3035858
Jun 5, 2003 Listed $215,000 MLS #3035858

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $277,750 $64,881 $342,631 $4,045
2023 $253,970 $68,999 $322,969 $3,870
2022 $212,450 $66,436 $278,886 $3,270
2021 $214,040 $56,725 $270,765 $3,177
2020 $202,780 $60,106 $262,886 $3,073
2019 $200,250 $54,988 $255,238 $3,009
2018 $146,680 $83,923 $230,603 $2,595
2017 $180,110 $67,648 $247,758 $2,982
2016 $153,390 $62,416 $215,806 $2,484
2015 $167,110 $60,674 $227,784 $2,624
2014 $149,200 $56,935 $206,135 $2,382
2013 $173,070 $59,947 $233,017 $2,549
2012 $172,240 $56,200 $228,440 $2,503
2011 $185,090 $46,794 $231,884 $2,543
2010 $179,710 $55,770 $235,480 $2,711
2009 $174,480 $54,147 $228,627 $2,633
2008 $169,410 $52,566 $221,976 $2,563
2007 $164,480 $50,990 $215,470 $2,460

Property facts

Year built
1976
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,912 sqft
Lot size
217,800 sqft
ZIP code
97048
City
Rainier
Street
Neer City Rd
Coordinates
46.03372, -122.92251

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
$5,824
Gross rental yield
10.89%
Implied cap rate
7.08%
Trend-extrapolated value

Frequently asked questions

When did 71658 Neer City Rd last sell?
71658 Neer City Rd most recently sold on May 3, 2022 for $642,000.
What is the current tax assessment for 71658 Neer City Rd?
The most recent total assessment for 71658 Neer City Rd (year 2025) is $342,631 with $4,045 in property tax.
How does 71658 Neer City Rd's assessment compare to its last sale price?
The current assessment is 46.6% below the last sale price of $642,000.
When was 71658 Neer City Rd built?
71658 Neer City Rd was built in 1976.
How does 71658 Neer City Rd compare to others on Neer City Rd?
We track 8 other properties on Neer City Rd. Browse the list under "Other properties on Neer City Rd" to compare beds, baths, and sale history.
What are the property facts for 71658 Neer City Rd?
71658 Neer City Rd is a 5 bed, 2 bath, 2,912 sqft, 217,800 sqft lot single_family.
Is 71658 Neer City Rd a flip candidate?
No — 71658 Neer City Rd does not appear in our flips dataset.
Is 71658 Neer City Rd a tax-appeal candidate?
No — 71658 Neer City Rd 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
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$328.8K
2026 Q4
$327.9K
ZIP 97048 — Median Price History + Forecast

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