432 Watershed St
Rainier, OR 97048
3 bd 1 ba 1,275 sqft Built 1926 Lot 67,082 sqft single_family
Most recent sale
$220,000
Nov 15, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 15, 2021 | Sold | $220,000 | MLS #21257160 |
| May 2, 2019 | Sold | $225,000 | Public Record |
| Nov 22, 2016 | Sold | $67,000 | MLS #16179055 |
| Oct 24, 2016 | Listed | $95,000 | MLS #16179055 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $76,450 | $87,490 | $163,940 | $1,976 |
| 2023 | $75,630 | $78,910 | $154,540 | $1,886 |
| 2022 | $73,910 | $76,130 | $150,040 | $1,790 |
| 2021 | $78,210 | $67,460 | $145,670 | $1,739 |
| 2020 | $71,940 | $69,490 | $141,430 | $1,684 |
| 2019 | $73,110 | $64,210 | $137,320 | $1,649 |
| 2018 | $71,350 | $61,980 | $133,330 | $1,597 |
| 2017 | $69,270 | $60,180 | $129,450 | $1,590 |
| 2016 | $67,250 | $58,430 | $125,680 | $1,493 |
| 2015 | $53,450 | $68,570 | $122,020 | $1,450 |
| 2014 | $44,430 | $63,490 | $107,920 | $1,276 |
| 2013 | $77,980 | $40,490 | $118,470 | $1,359 |
| 2012 | $75,700 | $39,320 | $115,020 | $1,319 |
| 2011 | $73,490 | $38,180 | $111,670 | $1,258 |
| 2010 | $71,360 | $37,070 | $108,430 | $1,284 |
| 2009 | $69,290 | $35,990 | $105,280 | $1,249 |
| 2008 | $67,280 | $34,940 | $102,220 | $1,230 |
| 2007 | $65,320 | $33,920 | $99,240 | $1,163 |
Property facts
Year built
1926
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,275 sqft
Lot size
67,082 sqft
ZIP code
97048
City
Rainier
Street
Watershed St
Coordinates
46.08246, -122.94054
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,550
Gross rental yield
13.91%
Implied cap rate
9.04%
Trend-extrapolated value
—
Frequently asked questions
When did 432 Watershed St last sell?
432 Watershed St most recently sold on Nov 15, 2021 for $220,000.
What is the current tax assessment for 432 Watershed St?
The most recent total assessment for 432 Watershed St (year 2025) is $163,940 with $1,976 in property tax.
How does 432 Watershed St's assessment compare to its last sale price?
The current assessment is 25.5% below the last sale price of $220,000.
When was 432 Watershed St built?
432 Watershed St was built in 1926.
How does 432 Watershed St compare to others on Watershed St?
We track 3 other properties on Watershed St. Browse the list under "Other properties on Watershed St" to compare beds, baths, and sale history.
What are the property facts for 432 Watershed St?
432 Watershed St is a 3 bed, 1 bath, 1,275 sqft, 67,082 sqft lot single_family.
Is 432 Watershed St a flip candidate?
No — 432 Watershed St does not appear in our flips dataset.
Is 432 Watershed St a tax-appeal candidate?
No — 432 Watershed 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
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$328.8K
2026 Q4
$327.9K
ZIP 97048 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Watershed St