507 B Minnesota Street N, Rainier, WA, 98576
About This Home
The backyard is the dream, and this nearly new modern farmhouse delivers. Set on a level, fully fenced 1/3-acre lot with a wooded backdrop and NO HOA, this 2023-built Rainier home offers the freedom and space that's hard to find in newer construction. The front half of the yard is lush sod, while the back is a homesteader's dream with wildflower meadow, 8 thriving raised cedar garden beds with drip irrigation, a charming trellis with cafe lights, apple trees, and a chicken coop already in place. Enjoy the covered patio and extended concrete pad for effortless outdoor living. Inside, the 2,221sqft layout lives large with 5 bedrooms, including a main-floor bedroom and full bath, ideal for guests, multigenerational living, or a home office. Upstairs, the spacious primary suite offers room for a sitting area, a large walk-in closet, and a luxurious 5-piece bath, while the conveniently located laundry room sits near the secondary bedrooms and third full bath. The beautiful kitchen features quartz countertops, subway tile backsplash, stainless steel appliances, and a generous walk-in pantry. Added windows fill the home with natural light and frame backyard views, while the cozy propane fireplace anchors the main living space. A 3 car garage with an extra deep third bay and backyard man door adds function and storage. Enjoy the charm of small-town Rainier, just 15 minutes from Yelm and Lacey amenities with an easy commute to JBLM. Here, you really can have it all.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 2023
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Cement Planked,Wood Products,Cement Plank
Notable Dates
- Major remodel year: 2023
Other
- Builder name: Mountain Terrace Builders Inc
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman,2 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Microwave(s),Refrigerator(s),Water Heater: Electric,Water Heater Location: Garage
Basement
- Basement: None
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Entry Hall
- Level: Main
Family Room
- Level: Main
Features
- Bath Off Primary,Dining Room,Pantry
- Window features: Dbl Pane/Storm Window
- Flooring: Laminate,Vinyl,Carpet
- Number of fireplaces: 1
- Fireplace features: See Remarks,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,90%+ High Efficiency,Forced Air,Heat Pump,Electric,Propane
- Cooling features: 90%+ High Efficiency,Heat Pump
Interior Area
- Total structure area: 2,221
- Total interior livable area: 2,221 sqft
Kitchen With Eating Space
- Level: Main
Master Bedroom
- Level: Second
Utility Room
- Level: Second
Property
Details
- Parcel number: 21609230603
- Zoning: R8/25
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,Pantry,Walk-In Closet(s),Water Heater
- Has view: Yes
- View description: Territorial
- Topography of land: Level
- Residential vegetation: Fruit Trees,Garden Space,Wooded
Lot
- Lot size: 0.29 Acres
- Features: Open Lot,Paved,Sidewalk,Fenced-Fully,High Speed Internet,Irrigation,Patio,RV Parking
Parking
- Total spaces: 3
- Parking features: Driveway,Attached Garage,RV Parking
- Has garage: Yes
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Thurston County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,856 | $34,272 |
| Home Insurance * | $168 | $2,016 |
| Property Taxes | $386 | $4,632 |
| Electricity | $151 | $1,823 |
| Total | $3,561 | $42,732 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Listed for sale | $565,000 |
| 2023-08-07 | Sold | $529,950 |
| 2023-04-27 | Pending sale | $529,950 |
| 2023-04-24 | Listed for sale | $529,950 |
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