$365,000
SOLD MAY 26, 2025

14040 Old Farm Ln SE Yelm, WA 98597

40.13 Acres
$9,095 Price per Acre
1,748,058 Sq Ft Lot

Recently Sold

4% Below List Price

Highlights

  • Home fronts a creek
  • Territorial View
  • Level Lot
  • 40.13 Acre Lot
  • No HOA

About This Lot

As of May 2025

East Capen Ranch, located near Yelm, encompasses 160 acres divided into four 40-acre parcels featuring pasture and reforested timberlands with creek frontage. Lot 5 offers a flat-to-rolling landscape with a private access road, as well as electricity and phone services available in the southeast corner. Additionally, there may be potential to divide this lot into 20-acre parcels. The property is currently zoned for Long-Term Agriculture. Its location provides easy access to Joint Base Lewis-McChord, Yelm, and the greater Olympia area. Don’t miss the opportunity to own a piece of this remarkable land! Pics are representative of all 4 parcels.

Last Agent to Sell the Property

David Ringler

Golden West Properties Inc License #13598 Listed on: 04/09/2025

Co-Listed By

Kelly Ringler-Flores

Golden West Properties Inc License #22020544

Last Buyer's Agent

Kelly Ringler-Flores

Golden West Properties Inc License #22020544

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2326301

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $140

Lot Details

  • 40.13 Acre Lot
  • Home fronts a creek
  • Level Lot
  • Zoning described as Agricultural

Property Views

  • Territorial Views

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Park National Survey#4955680 Condos
  • Yelm Rural Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 22608430400

Property Details

Property Type

Land

Est. Annual Taxes

$140

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Park National Survey#4955680
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Lightly Treed
  • Restrictions: No Restrictions
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Agricultural
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Road Surface Type: Gravel
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Gravel,Privately Maintained,Recorded Maint. Agrm

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Well Needed
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 22608430400
  • Topography: Level,Rolling
  • Lot Size Acres: 40.1299
  • Lot Size Sq Ft: 1748062
  • Zoning Description: Agricultural
  • Zoning: LTA-20
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Survey
  • ZoningJurisdiction: County
  • LotNumber: 5
  • SoilFeasibilityTest: false

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 140

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2025 05/26/25 Sold $365,000 -3.9% --
04/17/2025 04/17/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $380,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2326301

Northwest Multiple Listing Service (NWMLS)