Listed by Berkshire Hathaway HS NW, Bought with HomeSmart Real Estate Assoc
$665,000
SOLD DEC 30, 2024

16122 To 16124 Prairie Heights St SE Yelm, WA 98597

6 Beds
6 Baths
2,733 Sq Ft
7,568 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

1% Below List Price

198 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Property is Fully Fenced
  • Patio
  • High Speed Internet

About This Home

As of December 2024

Welcome to your new investment opportunity!!! This townhome style duplex is situated on a peaceful, fully-fenced level lot. Each unit spans 1,366 sqft featuring a convenient layout with 3 bedrooms, 2.5 baths, a full-sized kitchen, dining room, family room, primary ensuite, private patio and 1-car garage. The duplex was recently updated (2019) with NEW flooring, NEW light fixtures, NEW cabinets, NEW Granite countertops & MORE! Fantastic investment opportunity with instant income from current tenants, or perfect for an owner to occupy one unit and rent out the other side. Enjoy the peace of a rural setting while being conveniently close to JBLM, schools, shopping & parks. Don’t let this opportunity pass you by!

Last Agent to Sell the Property

Laurel Robinson

Berkshire Hathaway HS NW License #21011858 Listed on: 05/02/2024

Berkshire Hathaway HS NW

Last Buyer's Agent

Jamie Eang

HomeSmart Real Estate Assoc License #22010217

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2230934

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,001

Year Built

  • Built in 1995

Lot Details

  • 7,568 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 69270001800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,001

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2733
  • Special Features: VirtualTour
  • Cumulative Days on Market: 331

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Yelm
  • WaterCompany: City of Yelm
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 69270001800
  • Lot Size Acres: 0.1737
  • Lot Size Sq Ft: 7568
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4055

Multi Family

  • Gross Scheduled Income: 48860
  • Net Operating Income: 42281
  • Number Of Units Total: 2
  • Insurance Expense: 1405
  • Leasable Area: 2733
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Dec 3, 2024
Sold by
Anderson Bryan C
Bought by
Eang Jamie Lee and Eang Randy Jonathon
Seller's Agent
Laurel Robinson
Berkshire Hathaway HS NW
Buyer's Agent
Jamie Eang
HomeSmart Real Estate Assoc
List Price
$670,000
Sold Price
$665,000
Premium/Discount to List
-$5,000
-0.75%
Views
33
Current Estimated Value
$669,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,667
Avg. Annual Appreciation
1.41%
Original Mortgage
$631,750
Outstanding Balance
$629,569
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$40,764

Purchase Details

Closed on
Oct 6, 2020
Sold by
Anderson Carolyn K
Bought by
Anderson Bryan C

Purchase Details

Closed on
Jul 28, 2015
Sold by
Anderson Frank John
Bought by
Anderson Carolyn K

Purchase Details

Closed on
Sep 15, 1998
Sold by
Jones Karl C and Jones Karl
Bought by
Anderson F John and Anderson Carolyn K

Purchase Details

Closed on
Feb 13, 1995
Sold by
Ear Enterprises
Bought by
Jones Richard O and Jones Tammy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
9.21%
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Warranty Deed $665,000 Equity Title
Warranty Deed $665,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $70,115 Transnation Title Insurance
Warranty Deed $51,573 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $631,750 New Conventional
Closed $631,750 New Conventional
Previous Owner $124,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $665,000 -0.7% $243 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $670,000 0.0% $245 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $670,000 -1.5% $245 / Sq Ft
07/11/2024 07/11/24 Price Changed $680,000 -2.8% $249 / Sq Ft
05/02/2024 05/02/24 For Sale $699,900 -- $256 / 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 $4,001 $552,200 $194,000 $358,200
2023 $4,001 $409,900 $144,100 $265,800
2022 $3,709 $445,700 $149,100 $296,600
2021 $4,115 $336,900 $87,100 $249,800
2020 $3,990 $325,000 $73,000 $252,000
2019 $3,067 $307,900 $98,000 $209,900
2018 $3,905 $288,100 $105,600 $182,500
2017 $3,198 $247,300 $42,700 $204,600
2016 $2,927 $186,900 $53,800 $133,100
2014 -- $213,500 $53,800 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2230934

Northwest Multiple Listing Service (NWMLS)

APN: 69270001800