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121 Rainier Ln

Port Ludlow, WA 98365

4 bd 3 ba 3,775 sqft Built 2007 Lot 12,632 sqft single_family
Most recent sale
$735,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $735,000 MLS #1968198
Jul 15, 2022 Listed $735,000 MLS #1968198
Sep 28, 2021 Sold $627,000 MLS #1824930
Aug 15, 2021 Listed $575,000 MLS #1824930
Aug 31, 2004 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $581,810 $104,500 $686,310 $5,378
2025 $581,810 $104,500 $686,310 $5,511
2024 $557,568 $90,000 $647,568 $5,122
2023 $533,326 $85,000 $618,326 $4,771
2022 $363,357 $58,500 $421,857 $3,872
2021 $337,403 $47,500 $384,903 $3,758
2020 $337,403 $47,500 $384,903 $3,606
2019 $311,449 $43,700 $355,149 $3,286
2018 $285,495 $39,900 $325,395 $3,398
2017 $259,541 $38,000 $297,541 $3,201
2016 $246,564 $38,000 $284,564 $3,008
2015 $192,350 $71,300 $263,650 $2,996
2014 $192,350 $71,300 $263,650 $2,670
2013 $167,261 $62,000 $229,261 $2,512
2012 $167,260 $62,000 $229,260 $2,470
2011 $167,260 $62,000 $229,260 $2,371
2010 $167,260 $62,000 $229,260 $2,281
2009 $177,105 $90,000 $267,105 $761
2008 $90,000 $90,000 $781
2007 $23,000 $23,000 $247

Property facts

Year built
2007
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,775 sqft
Lot size
12,632 sqft
ZIP code
98365
City
Port Ludlow
Street
Rainier Ln
Coordinates
47.93280, -122.69367

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,683
Gross rental yield
14.18%
Implied cap rate
9.21%
Trend-extrapolated value

Frequently asked questions

When did 121 Rainier Ln last sell?
121 Rainier Ln most recently sold on Aug 9, 2022 for $735,000.
What is the current tax assessment for 121 Rainier Ln?
The most recent total assessment for 121 Rainier Ln (year 2026) is $686,310 with $5,378 in property tax.
How does 121 Rainier Ln's assessment compare to its last sale price?
The current assessment is 6.6% below the last sale price of $735,000.
When was 121 Rainier Ln built?
121 Rainier Ln was built in 2007.
How does 121 Rainier Ln compare to others on Rainier Ln?
We track 8 other properties on Rainier Ln. Browse the list under "Other properties on Rainier Ln" to compare beds, baths, and sale history.
What are the property facts for 121 Rainier Ln?
121 Rainier Ln is a 4 bed, 3 bath, 3,775 sqft, 12,632 sqft lot single_family.
Is 121 Rainier Ln a flip candidate?
No — 121 Rainier Ln does not appear in our flips dataset.
Is 121 Rainier Ln a tax-appeal candidate?
No — 121 Rainier 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
+5.7%
Implied 1-yr
+23.0%
2026 Q3
$1.07M
2026 Q4
$1.07M
ZIP 98365 — Median Price History + Forecast

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