Listed by Keller Williams Realty PS, Bought with Spivey Realty Group, LLC
$510,000
SOLD AUG 20, 2025

17200 Railway Rd SE Yelm, WA 98597

3 Beds
2 Baths
2,003 Sq Ft
5 Acres

Recently Sold

$255 Per Sq Ft

13% Below List Price

Highlights

  • RV Access or Parking
  • Wood Flooring
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • No HOA
  • Walk-In Closet

About This Home

As of August 2025

Investor & builder opportunity in Yelm, WA. Located in a growing community with demand for new housing on a parcel of 5 acres, this 3 bdrm, 2 bath, 2005-built 2,003 sqft home has lots of potential. Manufactured home also included in the sale. Just minutes from schools, parks, shopping, and easy access to JBLM, Olympia and Tacoma, this location offers both convenience and growth potential. Buyer to verify zoning and development opportunities. Don't miss out on this rare chance to build and invest in one of Thurston County's fastest growing areas.

Last Agent to Sell the Property

Marissa Beach

Keller Williams Realty PS License #117790 Listed on: 04/03/2025

Keller Williams Realty PS

Last Buyer's Agent

Chris Pierog

Spivey Realty Group, LLC License #136693

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2354526

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 2005

Lot Details

  • 5 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • Zero Lot Line
  • Value in Land

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,003 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Shared Well
  • Water Heater
  • Septic Tank

Additional Features

  • Outbuilding
  • ADU includes 4 Bedrooms and 2 Bathrooms

Community Details

  • No Home Owners Association
  • Nisqually River Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,202

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2005
  • Inclusions: Leased Equipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3937
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2354526?w=Consumer&agent=101582
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 2003
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 2003
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • ADUBaths: 2
  • ADUBeds: 4
  • NWM_NumberOfBathtubs: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Dirt Road, Value In Land
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: (Septic)
  • WaterCompany: Water Well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • InternetConnected: Light Curve

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 22720120100
  • Land Lease: No
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Zoning: RRR1/5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Outbuildings,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 3

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2201.52

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Aug 19, 2025
Sold by
Nisqually Land Trust
Bought by
Bridges Suzette
Seller's Agent
Marissa Beach
Keller Williams Realty PS
Buyer's Agent
Chris Pierog
Spivey Realty Group, LLC
List Price
$586,000
Sold Price
$510,000
Premium/Discount to List
-$76,000
-12.97%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
556.87%
Original Mortgage
$463,250
Outstanding Balance
$463,250
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$200,520

Purchase Details

Listed on
Apr 3, 2025
Closed on
Aug 14, 2025
Sold by
Bridges Suzette
Bought by
Abide Pnw Llc
Seller's Agent
Marissa Beach
Keller Williams Realty PS
Buyer's Agent
Chris Pierog
Spivey Realty Group, LLC
List Price
$586,000
Sold Price
$510,000
Premium/Discount to List
-$76,000
-12.97%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,250
Outstanding Balance
$463,250
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$200,520

Purchase Details

Closed on
Dec 14, 2021
Sold by
Nisqually Land Trusts
Bought by
Bridges Suzette
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 -- First American Title
Warranty Deed $510,000 Wfg National Title Company Of
Contract Of Sale -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,250 Construction
Closed $0 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Sold $510,000 -5.6% $255 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $540,000 -7.8% $270 / Sq Ft
04/03/2025 04/03/25 For Sale $586,000 -- $293 / 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 $5,695 $586,000 $216,900 $369,100
2023 $5,695 $583,400 $176,700 $406,700
2022 $5,513 $588,800 $142,100 $446,700
2021 $4,780 $498,600 $156,200 $342,400
2020 $5,102 $376,100 $111,000 $265,100
2019 $4,067 $392,100 $100,000 $292,100
2018 $4,373 $318,500 $67,500 $251,000
2017 $4,500 $338,100 $92,600 $245,500
2016 $4,186 $332,000 $127,700 $204,300
2014 -- $299,650 $122,350 $177,300
Source: Public Records

Agents Affiliated with this Home

  • Marissa Beach

    Seller's Agent in 2025

    Marissa Beach

    Keller Williams Realty PS

    (206) 920-5092

    93 Total Sales

    Marissa Beach
    Section Image
  • Chris Pierog

    Buyer's Agent in 2025

    Chris Pierog

    Spivey Realty Group, LLC

    (360) 581-0167

    172 Total Sales

    Chris Pierog
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2354526

Northwest Multiple Listing Service (NWMLS)

APN: 22720120100

Washington Thurston County Yelm 98597

17200 Railway Rd SE, Yelm, WA

This home is located at 17200 Railway Rd SE, Yelm, WA 98597 and is currently priced at $510,000, approximately $254 per square foot. This property was built in 2005. 17200 Railway Rd SE is a home located in Thurston County with nearby schools including Fort Stevens 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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