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503 Minnesota St

Rainier, WA 98576

3 bd 3 ba 2,200 sqft Built 2018 Lot 12,501 sqft single_family
Most recent sale
$475,000
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2021 Sold $475,000 MLS #1846079
Sep 30, 2021 Listed $469,000 MLS #1846079
Jun 8, 2018 Sold $256,656 Public Record
Jul 29, 2016 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $410,800 $121,900 $532,700 $5,513
2025 $410,800 $121,900 $532,700 $4,914
2024 $348,400 $93,400 $441,800 $4,161
2023 $374,900 $76,700 $451,600 $4,045
2022 $435,000 $57,900 $492,900 $5,101
2021 $435,000 $57,900 $492,900 $3,760
2020 $306,200 $51,100 $357,300 $3,653
2019 $275,700 $38,800 $314,500 $3,215

Property facts

Year built
2018
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,200 sqft
Lot size
12,501 sqft
ZIP code
98576
City
Rainier
Street
Minnesota St
Coordinates
46.89198, -122.69269

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
$5,060
Gross rental yield
12.78%
Implied cap rate
8.31%
Trend-extrapolated value

Frequently asked questions

When did 503 Minnesota St last sell?
503 Minnesota St most recently sold on Dec 2, 2021 for $475,000.
What is the current tax assessment for 503 Minnesota St?
The most recent total assessment for 503 Minnesota St (year 2026) is $532,700 with $5,513 in property tax.
How does 503 Minnesota St's assessment compare to its last sale price?
The current assessment is 12.1% above the last sale price of $475,000.
When was 503 Minnesota St built?
503 Minnesota St was built in 2018.
How does 503 Minnesota St compare to others on Minnesota St?
We track 7 other properties on Minnesota St. Browse the list under "Other properties on Minnesota St" to compare beds, baths, and sale history.
What are the property facts for 503 Minnesota St?
503 Minnesota St is a 3 bed, 3 bath, 2,200 sqft, 12,501 sqft lot single_family.
Is 503 Minnesota St a flip candidate?
No — 503 Minnesota St does not appear in our flips dataset.
Is 503 Minnesota St a tax-appeal candidate?
No — 503 Minnesota St 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$557.1K
2026 Q4
$569.9K
ZIP 98576 — Median Price History + Forecast

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