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1331 Rainbow Ln

Camano Island, WA 98282

3 bd 2 ba 1,850 sqft Built 2018 Lot 8,750 sqft single_family
Most recent sale
$930,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $930,000 MLS #1898463
Mar 10, 2022 Listed $749,000 MLS #1898463
Oct 9, 2018 Sold $430,000 MLS #1357500
Sep 6, 2018 Listed $430,000 MLS #1357500
Jan 18, 2018 Sold $70,000 Public Record
Oct 1, 1990 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $446,861 $390,000 $836,861 $3,117
2025 $446,861 $390,000 $836,861 $2,930
2024 $437,621 $330,000 $767,621 $5,860
2023 $399,452 $300,000 $699,452 $5,200
2022 $350,109 $200,000 $550,109 $5,080
2021 $340,652 $180,000 $520,652 $4,965
2020 $340,652 $180,000 $520,652 $4,711
2019 $255,781 $230,000 $485,781 $2,599
2018 $130,000 $130,000 $1,194
2017 $130,000 $130,000 $656
2016 $75,000 $75,000 $697
2015 $150,000 $150,000 $697
2014 $75,000 $75,000 $714
2013 $75,000 $75,000 $710
2012 $75,000 $75,000 $677
2010 $80,000 $80,000 $551
2009 $140,000 $140,000 $882
2008 $105,000 $105,000 $661
2007 $105,000 $105,000 $738

Property facts

Year built
2018
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,850 sqft
Lot size
8,750 sqft
ZIP code
98282
City
Camano Island
Street
Rainbow Ln
Coordinates
48.16232, -122.47416

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,255
Gross rental yield
5.49%
Implied cap rate
3.57%
Trend-extrapolated value

Frequently asked questions

When did 1331 Rainbow Ln last sell?
1331 Rainbow Ln most recently sold on Apr 27, 2022 for $930,000.
What is the current tax assessment for 1331 Rainbow Ln?
The most recent total assessment for 1331 Rainbow Ln (year 2026) is $836,861 with $3,117 in property tax.
How does 1331 Rainbow Ln's assessment compare to its last sale price?
The current assessment is 10.0% below the last sale price of $930,000.
When was 1331 Rainbow Ln built?
1331 Rainbow Ln was built in 2018.
How does 1331 Rainbow Ln compare to others on Rainbow Ln?
We track 8 other properties on Rainbow Ln. Browse the list under "Other properties on Rainbow Ln" to compare beds, baths, and sale history.
What are the property facts for 1331 Rainbow Ln?
1331 Rainbow Ln is a 3 bed, 2 bath, 1,850 sqft, 8,750 sqft lot single_family.
Is 1331 Rainbow Ln a flip candidate?
Yes — 1331 Rainbow Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1331 Rainbow Ln a tax-appeal candidate?
No — 1331 Rainbow Ln 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$919K
2026 Q4
$935.5K
ZIP 98282 — Median Price History + Forecast

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