NOT LISTED FOR SALE

209-211 Mill Rd SE Yelm, WA 98597

Estimated Value: $680,000

12 Beds
8 Baths
2,842 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $300,000 $106 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,834/month

41 Days on Market

Highlights

  • High Speed Internet
  • Wall to Wall Carpet
  • 1-minute walk to Cochrane Memorial Park
  • Property is Fully Fenced

About This Home

As of August 2017

Attention Investors! Multi-Family Income Opportunity. Build your own cash flow complex. Buy this unit & MLS #1130696 & there is potential opportunity to add a 3rd Duplex & increase cash flow! Property zoned 6 units/acre. Rents low for area due to long term tenants. Similar units rent for $1,200/mo. Tenants pay all utilities. Fully fenced back yards. Large 3 bed/2.5 bath units. 1421 s.f. per side. Close to JBLM, shopping, schools & across the street from a beautiful park.

Last Agent to Sell the Property

Jan Ward

Coldwell Banker Evergreen License #124699 Listed on: 06/06/2017

Coldwell Banker Evergreen

Last Buyer's Agent

Jan Ward

Coldwell Banker Evergreen License #124699 Listed on: 06/06/2017

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1130858

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 137'x150'x138'x149'
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,842 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Southworth Elementary School
  • Yelm High12 School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21725110102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2842
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 314

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Yelm
  • WaterCompany: Public
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 21725110102
  • Lot Size Acres: 0.5008
  • Lot Size: 137'x150'x138'x149'
  • Lot Size Sq Ft: 21813
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 15794
  • Number Of Units Total: 6
  • Insurance Expense: 830
  • Leasable Area: 2842
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3896

MLS Schools

  • Elementary School: Southworth Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 4, 2017
Sold by
Nieland Investments Llc
Bought by
Two Mill Rd Llc
Seller's Agent
Jan Ward
Coldwell Banker Evergreen
Buyer's Agent
Jan Ward
Coldwell Banker Evergreen
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Total Days on Market
41
Current Estimated Value
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,000
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Apr 14, 2011
Sold by
Nieland William D and Nieland Maureen M
Bought by
Nieland Investments Llc
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 Buyer Sale Price Title Company
Two Mill Rd Llc $258,089 Thurston County Title Co
Nieland Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nieland William D $195,000
Previous Owner Nieland William D $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $300,000 -14.0% $106 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $349,000 -- $123 / 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 $12,202 $1,172,500 $271,600 $900,900
2023 $12,202 $1,249,700 $54,900 $1,194,800
2022 $10,678 $985,700 $37,400 $948,300
2021 $8,608 $969,300 $93,400 $875,900
2020 $4,372 $679,300 $75,400 $603,900
2019 $3,590 $336,000 $97,600 $238,400
2018 $4,184 $307,400 $99,300 $208,100
2017 $3,896 $300,100 $64,300 $235,800
2016 $3,062 $197,800 $57,400 $140,400
2014 -- $222,100 $57,400 $164,700
Source: Public Records

Agents Affiliated with this Home

  • Jan Ward

    Seller's Agent in 2017

    Jan Ward

    Coldwell Banker Evergreen Olympic Realty, Inc.

    (360) 701-7793

    68 Total Sales

    Jan Ward
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1130858

Northwest Multiple Listing Service (NWMLS)

APN: 21725110102

Washington Thurston County Yelm 98597

209-211 Mill Rd SE, Yelm, WA

This home is located at 209-211 Mill Rd SE, Yelm, WA 98597 since 06 June 2017 and is currently estimated at $680,000, approximately $239 per square foot. This property was built in 2005. 209-211 Mill Rd SE is a home located in Thurston County with nearby schools including Mill Pond Elementary School, Ridgeline 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.

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