NOT LISTED FOR SALE

14518 Yelm Hwy SE Yelm, WA 98597

North Yelm Neighborhood
8 Beds
5 Baths
2,096 Sq Ft
2 Acres

Last Sold June 11, 2018

Last sale price $310,000 $148 Per Sq Ft

50 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Thermal Windows
  • 2 Acre Lot
  • Wood Flooring
  • High Speed Internet

About This Home

As of June 2018

Estate/income property, let your imagination run wild! Income, country farm, equestrian estate, development? 2 acres in the heart of Yelm with fabulous Mt Rainier view. Be creative, use the rental income while you decide the future of this unique property. Three structures with a total of 5 living units (8 bedrooms, 5 baths and 4,540 square feet); 4 bedroom septic. Total monthly rent = $4,020/month. Buyer to verify all information. Serious buyers only.

Last Listed By

Marie Barth

Red Moon Realty License #101648 Listed on: 03/23/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1262431

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 1934

Lot Details

  • 2 Acre Lot
  • Gated Home
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Mountain Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Outbuilding

Utilities

  • Propane
  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21713330100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,242

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1934
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2096
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 293

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: SecurityGate, FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Individual Well
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Individual Well
  • WaterSewerGarbage: 1931

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 21713330100
  • Lot Size Acres: 2
  • Lot Size Sq Ft: 87120
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gated Entry,High Speed Internet,Outbuildings,Propane,RV Parking
  • MLSLotSizeSource: Co Assessor
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 4020

Multi Family

  • Gross Scheduled Income: 48240
  • Net Operating Income: 32944
  • Number Of Units Total: 2
  • Electric Expense: 6375
  • Insurance Expense: 2748
  • Leasable Area: 4540
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4242

Range of Values:

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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 Change Sq Ft Price
06/11/2018 06/11/18 Sold $310,000 -17.3% $148 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $375,000 -6.3% $179 / Sq Ft
03/23/2018 03/23/18 For Sale $400,000 -- $191 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marie Barth

    Seller's Agent in 2018

    Marie Barth

    Red Moon Realty

    (253) 777-8889

    93 Total Sales

    Marie Barth
    Section Image
  • Gael Whalen

    Seller Co-Listing Agent in 2018

    Gael Whalen

    COMPASS

    (253) 606-3796

    17 Total Sales

    Gael Whalen
    Section Image
  • Justine Capra

    Buyer's Agent in 2018

    Justine Capra

    RE/MAX

    (360) 239-4898

    36 Total Sales

    Justine Capra
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1262431

Northwest Multiple Listing Service (NWMLS)

Washington Thurston County Yelm 98597 North Yelm

14518 Yelm Hwy SE, Yelm, WA

Homes for Sale in Yelm, WA

This home is located at 14518 Yelm Hwy SE, Yelm, WA 98597 since 23 March 2018. This property was built in 1934. 14518 Yelm Hwy SE is a home located in Thurston County with nearby schools including Southworth Elementary School, Yelm Middle School, and Yelm High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.