Listed by Gateway Real Estate, Bought with Real Broker LLC
$720,000
SOLD JAN 15, 2025

16835 162nd Ln SE Yelm, WA 98597

5 Beds
2.5 Baths
2,752 Sq Ft
2.2 Acres

Recently Sold

$262 Per Sq Ft

Highlights

  • Boathouse
  • Spa
  • Fruit Trees
  • Community Boat Launch
  • RV Access or Parking
  • Deck

About This Home

As of January 2025

Discover unparalleled outdoor enjoyment at this Yelm retreat! The primary bedroom suite graces the main level, seamlessly flowing to an expansive deck with a hot tub-your private escape. Upstairs, four large bedrooms provide space for rest and rejuvenation. The heart of the home is a chef's delight, featuring a double oven and elegant quartz countertops. Step outside to a world of entertainment: a gazebo for gatherings, outdoor fire place, horse shoe pits, a tolf and frisbee course for friendly competition, along with children's play area & Lake Lawrence access for water enthusiasts. New roof in 2022! This property is more than a home—it's a lifestyle enclave, ready to enchant with its blend of comfort, luxury, & outdoor splendor. Near JBLM

Last Agent to Sell the Property

Rob Hoefs

Gateway Real Estate License #20110920 Listed on: 01/15/2025

Gateway Real Estate

Last Buyer's Agent

Katie Merritt

Real Broker LLC License #20121443

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2323579

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,748

Year Built

  • Built in 2003

Lot Details

  • 2.2 Acre Lot
  • Cul-De-Sac
  • Dog Run
  • Sloped Lot
  • Fruit Trees
  • Garden
  • Property is in average condition

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,752 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level
  • Spa Bath

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Boathouse
  • Deck
  • Gazebo
  • Outbuilding

Schools

  • Yelm High12 School

Utilities

  • Heating System Mounted To A Wall or Window
  • Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22620340300

Community Details

Overview

  • Lake Lawrence Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,748

Year Built

Built in 2003

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2003
  • Inclusions: Dishwasher(s),Double Oven,LeasedEquipment,Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2752
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Double Oven, Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Hardwood, Hot Tub/Spa, Security System, Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater
  • Living Area: 2752
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 2752
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Double Oven,Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: false
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: SecuritySystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: Washington Water
  • WaterHeaterLocation: Laundry Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Playground
  • Senior Community: No
  • Association Fee: 195
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Yelm
  • High School: Yelm High12
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 22620340300
  • Topography: Partial Slope,Sloped
  • Land Lease: No
  • Lot Size Acres: 2.2
  • Lot Size Sq Ft: 95832
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cabana/Gazebo,Cable TV,Deck,Dog Run,High Speed Internet,Hot Tub/Spa,Outbuildings,Propane,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane, Wood

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5748

Multi Family

  • EnergySource: Electric,Propane,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Jan 13, 2025
Sold by
Blake Russell Lee and Blake Cindy Jeanne
Bought by
Checkley Earl R
Seller's Agent
Rob Hoefs
Gateway Real Estate
Buyer's Agent
Katie Merritt
Real Broker LLC
List Price
$720,000
Sold Price
$720,000
Views
1
Current Estimated Value
$744,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,602
Avg. Annual Appreciation
4.03%
Original Mortgage
$720,000
Outstanding Balance
$714,883
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
$29,719

Purchase Details

Closed on
Jan 21, 2003
Sold by
Edwards Michael Dwain and Edwards Gary Patrick
Bought by
Blake Russell Lee and Blake Cynthia Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $720,000 First American Title
Warranty Deed $720,000 First American Title
Warranty Deed -- Transnation Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 VA
Closed $720,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $720,000 0.0% $262 / Sq Ft
01/15/2025 01/15/25 For Sale $720,000 -- $262 / 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 $5,748 $637,600 $189,200 $448,400
2023 $5,748 $592,200 $173,400 $418,800
2022 $5,778 $613,200 $112,000 $501,200
2021 $5,195 $526,800 $130,200 $396,600
2020 $4,656 $413,100 $85,400 $327,700
2019 $3,913 $359,600 $71,400 $288,200
2018 $4,320 $317,600 $53,500 $264,100
2017 $3,960 $300,300 $51,400 $248,900
2016 $3,575 $281,850 $61,950 $219,900
2014 -- $253,950 $61,950 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2323579

Northwest Multiple Listing Service (NWMLS)

APN: 22620340300