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640 Rainbow Ct

Ocean Shores, WA 98569

2 bd 1 ba 880 sqft Built 2022 Lot 10,344 sqft single_family
Most recent sale
$318,900
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $318,900 MLS #1862318
Mar 4, 2022 Price changed $318,900 MLS #1862318
Nov 8, 2021 Listed $329,000 MLS #1862318

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $261,401 $46,000 $307,401 $1,916
2025 $253,691 $35,000 $288,691 $1,828
2024 $239,812 $35,000 $274,812 $1,727
2023 $179,760 $75,000 $254,760 $1,665
2022 $19,500 $19,500 $164

Property facts

Year built
2022
Property type
single_family
Stories
Beds
2
Baths
1
Living area
880 sqft
Lot size
10,344 sqft
ZIP code
98569
City
Ocean Shores
Street
Rainbow Ct
Coordinates
47.00506, -124.14894

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
$2,024
Gross rental yield
7.62%
Implied cap rate
4.95%
Trend-extrapolated value

Frequently asked questions

When did 640 Rainbow Ct last sell?
640 Rainbow Ct most recently sold on Apr 28, 2022 for $318,900.
What is the current tax assessment for 640 Rainbow Ct?
The most recent total assessment for 640 Rainbow Ct (year 2026) is $307,401 with $1,916 in property tax.
How does 640 Rainbow Ct's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $318,900.
When was 640 Rainbow Ct built?
640 Rainbow Ct was built in 2022.
How does 640 Rainbow Ct compare to others on Rainbow Ct?
We track 5 other properties on Rainbow Ct. Browse the list under "Other properties on Rainbow Ct" to compare beds, baths, and sale history.
What are the property facts for 640 Rainbow Ct?
640 Rainbow Ct is a 2 bed, 1 bath, 880 sqft, 10,344 sqft lot single_family.
Is 640 Rainbow Ct a flip candidate?
No — 640 Rainbow Ct does not appear in our flips dataset.
Is 640 Rainbow Ct a tax-appeal candidate?
No — 640 Rainbow Ct 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
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$300.2K
2026 Q4
$304.1K
ZIP 98569 — Median Price History + Forecast

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