The property at 503 W 2nd St, Rainier, OR 97048, built in 1977, is a 1,008 square foot Single Family and has 3 bedrooms and 1 bathrooms. It is situated on a lot that is 7,405 square feet and was last tax assessed in 2024 for a valuation of $260,450
The estimate for this property has experienced a 10.28% increase in the past 6 months reaching a value of $388,658.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $115,360 +3.00% |
| 2022 | $112,000 +3.00% |
| 2021 | $108,740 +2.99% |
| 2020 | $105,580 +6.08% |
| 2018 | $99,530 +2.99% |
| 2017 | $96,640 +2.99% |
| 2016 | $93,830 +3.00% |
| 2015 | $91,100 +3.00% |
| 2014 | $88,450 +2.99% |
| 2013 | $85,880 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $388,658 | - | - |
| Oct 2025 | $391,417 | - | - |
| Sep 2025 | $386,033 | - | - |
| Aug 2025 | $385,205 | - | - |
| Jul 2025 | $381,259 | - | - |
| Jun 2025 | $373,579 | - | - |
| May 2025 | $366,456 | - | - |
| Apr 2025 | $352,416 | - | - |
| Mar 2025 | $331,223 | - | - |
| Feb 2025 | $325,630 | - | - |
| Jan 2025 | $303,411 | - | - |
| Dec 2024 | $282,254 | - | - |
| Nov 2024 | $259,785 | - | - |
| Oct 2024 | $249,725 | - | - |
| Sep 2024 | $229,153 | - | - |
| Aug 2024 | $221,398 | - | - |
| Jul 2024 | $209,528 | - | - |
| Jun 2024 | $202,700 | - | - |
| May 2024 | $198,663 | - | - |
| Apr 2024 | $198,360 | - | - |
| Mar 2024 | $194,662 | - | - |
| Feb 2024 | $188,791 | - | - |
| Jan 2024 | $180,482 | - | - |
| Dec 2023 | $183,863 | - | - |
| Nov 2023 | $203,398 | - | - |
| Oct 2023 | $191,601 | - | - |
| Sep 2023 | $192,172 | - | - |
| Aug 2023 | $248,483 | - | - |
| Jul 2023 | $263,257 | - | - |
| Jun 2023 | $262,918 | - | - |
| May 2023 | $260,553 | - | - |
| Apr 2023 | $258,481 | - | - |
| Mar 2023 | $220,260 | - | - |
| Feb 2023 | $333,700 | - | - |
| Jan 2023 | $303,400 | - | - |
| Dec 2022 | $323,100 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 97048 - OR
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 7,229 | 2,178 | 52,281 | 335,858,263 |
| Population Density | 74 | 363 | 80 | 95 |
| People per Household | 2.5 | 2.4 | 2.5 | 2.6 |
| Median Age | 48 | 46.9 | 44 | 39.1 |
| Median Income | $58,542 | $55,199 | $65,350 | $66,222 |
| Average Income | $29,793 | $31,557 | $33,028 | $35,475 |
| Cost of Living Index | 99 | 92 | 99 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 33.8°F | 33.8°F | 33.5°F | 22.6°F |
| July Avg. High Temp | 76.5°F | 76.5°F | 81.5°F | 86.2°F |
| Annual Precipitation | 48.02" | 48.02" | 45.7" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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