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161 Rainbow Dr

Shelton, WA 98584

4 bd 3 ba 2,695 sqft Built 1990 Lot 20,038 sqft single_family
Most recent sale
$522,500
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $522,500 MLS #1947364
Jun 22, 2022 Price changed $550,000 MLS #1947364
Jun 8, 2022 Listed $580,000 MLS #1947364
Oct 31, 2018 Sold $364,639 Public Record
Sep 5, 2014 Sold $242,000 MLS #605565
May 22, 2014 Price changed $270,000 MLS #605565
Mar 17, 2014 Listed $289,000 MLS #605565
Oct 1, 2009 Sold $130,000 Public Record
Aug 8, 2009 Listing removed $147,500 NWMLS
Jul 27, 2009 Relisted $147,500 MLS #28164362
Mar 24, 2009 Listing removed $134,950 NWMLS
Sep 28, 2008 Listed $147,500 MLS #28164362
Sep 30, 2005 Sold $172,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $296,060 $130,295 $426,355 $3,316
2025 $296,060 $130,295 $426,355 $3,816
2024 $470,400 $103,410 $573,810 $4,561
2023 $458,405 $75,670 $534,075 $4,791
2021 $314,045 $63,775 $377,820 $4,040
2020 $291,350 $63,775 $355,125 $4,154
2019 $278,000 $57,975 $335,975 $3,538
2018 $187,720 $38,400 $226,120 $2,655
2017 $187,720 $38,400 $226,120 $2,248
2016 $163,295 $33,600 $196,895 $2,251
2015 $163,295 $33,600 $196,895 $1,939
2014 $155,630 $32,000 $187,630 $1,776
2013 $136,380 $32,000 $168,380 $1,995
2012 $167,565 $32,000 $199,565 $1,850
2011 $169,370 $32,000 $201,370 $1,546
2010 $155,520 $32,000 $187,520 $1,560
2009 $155,520 $32,000 $187,520 $1,585
2008 $155,520 $32,000 $187,520 $1,680

Property facts

Year built
1990
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,695 sqft
Lot size
20,038 sqft
ZIP code
98584
City
Shelton
Street
Rainbow Dr
Coordinates
47.26299, -123.05551

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,199
Gross rental yield
14.24%
Implied cap rate
9.25%
Trend-extrapolated value

Frequently asked questions

When did 161 Rainbow Dr last sell?
161 Rainbow Dr most recently sold on Aug 12, 2022 for $522,500.
What is the current tax assessment for 161 Rainbow Dr?
The most recent total assessment for 161 Rainbow Dr (year 2026) is $426,355 with $3,316 in property tax.
How does 161 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 18.4% below the last sale price of $522,500.
When was 161 Rainbow Dr built?
161 Rainbow Dr was built in 1990.
How does 161 Rainbow Dr compare to others on Rainbow Dr?
We track 7 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 161 Rainbow Dr?
161 Rainbow Dr is a 4 bed, 3 bath, 2,695 sqft, 20,038 sqft lot single_family.
Is 161 Rainbow Dr a flip candidate?
No — 161 Rainbow Dr does not appear in our flips dataset.
Is 161 Rainbow Dr a tax-appeal candidate?
No — 161 Rainbow Dr 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
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$354K
2026 Q4
$354.2K
ZIP 98584 — Median Price History + Forecast

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