Listed by RE/MAX Country, Bought with Yelm Windermere
NOT LISTED FOR SALE

15737 109th Ave SE Yelm, WA 98597

Estimated Value: $624,000 - $1,326,000

4 Beds
3 Baths
1,888 Sq Ft
$517/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $605,000 $320 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,041/month

321 Days on Market

Highlights

  • Barn
  • Fruit Trees
  • Secluded Lot
  • RV Access or Parking
  • Contemporary Architecture
  • Territorial View

About This Home

As of June 2021

Searching for a turn-key investment with high cash flow to add to your portfolio? Look no further! A unique property: shy ten acres host to three homes (two ramblers & an earth berm), all presently occupied, bringing in $52,800 gross annual income (with market allowing for rental increases)! 2 wells, 3 septics, individual electrical meters. Animal ready: fenced & cross-fenced w/multiple outbuildings, fruit trees. Great location, close to town & amenities, and an easy commute to Olympia & JBLM.

Last Agent to Sell the Property

Cynthia Schmier

RE/MAX Country License #13574 Listed on: 03/09/2020

RE/MAX Country

Last Buyer's Agent

Terry Kaminski

Yelm Windermere License #3266

Yelm Windermere

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1572338

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,456

Year Built

  • Built in 1961

Lot Details

  • 9.7 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition
  • Zoning described as RR1/5

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathroom on Main Level

Parking

  • 3 Parking Spaces
  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Mill Pond Elementary School
  • Ridgeline Mid Middle School
  • Yelm High12 School

Farming

  • Barn
  • Pasture

Utilities

  • Central Air
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Yelm Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22730310100

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,456

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1961
  • Buyer Agency Compensation: 3%
  • Inclusions: Dishwasher(s),LeasedEquipment,Range/Oven,Refrigerator(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1888
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: NOT A SHORT SALE NOR BANK OWNED
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Range/Oven, Refrigerator(s)
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Central A/C, Ceramic Tile, Fireplace, Forced Air, Hardwood, Vaulted Ceiling(s), Water Heater
  • Living Area: 1888
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1888
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Range/Oven,Refrigerator(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Parking Features: Attached Carport, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: PartiallyFenced, SecurityGate
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Yelm
  • High School: Yelm High12
  • Middle Or Junior School: Ridgeline Mid

Lot Info

  • Parcel Number: 22730310100
  • Topography: Level
  • Lot Size Acres: 9.7
  • Lot Size Sq Ft: 422532
  • Zoning Description: RR1/5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Barn,Cable TV,Fenced-Fully,Gated Entry,Outbuildings,Patio,Propane,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Tax Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane, Wood

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9456

Multi Family

  • EnergySource: Electric,Propane,Wood

MLS Schools

  • Elementary School: Mill Pond Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 18, 2021
Sold by
Cheng Li Ming and Wu Liming Chen
Bought by
Telfer Sonya Ann and Tabo Romeo Cadullo
Seller's Agent
Cynthia Schmier
RE/MAX Country
Buyer's Agent
Terry Kaminski
Yelm Windermere
List Price
$699,000
Sold Price
$605,000
Premium/Discount to List
-$94,000
-13.45%
Current Estimated Value
$975,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,482
Avg. Annual Appreciation
11.81%
Original Mortgage
$460,000
Outstanding Balance
$415,564
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$559,918

Purchase Details

Closed on
Jan 19, 2019
Sold by
Ever Radiant Ltd
Bought by
Chen Li Ming

Purchase Details

Closed on
May 13, 2011
Sold by
Mcmanus Lori J and Mcmanus Robert J
Bought by
Liming Chen Wu & Ever Radiant Ltd

Purchase Details

Closed on
Jul 21, 2005
Sold by
Mcmanus Jean B
Bought by
Mcmanus Robert J

Purchase Details

Closed on
Oct 23, 1997
Sold by
Morreale Frank W and Castellano Annette
Bought by
Mcmanus Jean B and Mcmanus Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.36%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Telfer Sonya Ann $605,000 Chicago Title
Chen Li Ming -- None Available
Liming Chen Wu & Ever Radiant Ltd $544,016 Thurston County Title
Mcmanus Robert J -- --
Mcmanus Jean B $226,862 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Telfer Sonya Ann $460,000
Previous Owner Mcmanus Jean B $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $605,000 -6.9% $320 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
05/06/2020 05/06/20 Price Changed $650,000 -3.7% $344 / Sq Ft
04/03/2020 04/03/20 Price Changed $675,000 -3.4% $358 / Sq Ft
03/09/2020 03/09/20 For Sale $699,000 -- $370 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,440 $1,056,200 $268,500 $787,700
2023 $10,440 $1,077,700 $224,900 $852,800
2022 $9,808 $1,127,000 $200,000 $927,000
2021 $8,595 $893,200 $184,300 $708,900
2020 $9,456 $681,700 $131,900 $549,800
2019 $7,630 $726,900 $129,300 $597,600
2018 $8,331 $607,400 $87,400 $520,000
2017 $7,626 $573,200 $85,600 $487,600
2016 $6,670 $524,500 $110,300 $414,200
2014 -- $468,400 $105,700 $362,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1572338

Northwest Multiple Listing Service (NWMLS)

APN: 22730310100