NOT LISTED FOR SALE

225 Yelm Ave E Yelm, WA 98597

Estimated Value: $333,719 - $353,000

0.28 Acre
$1,246,316 Price per Acre
12,001 Sq Ft Lot

Last Sold July 13, 2023

Last sale price $325,000

Est. 6% increase in value since last sale

Current estimated payment $1,943/month

16 Days on Market

Highlights

  • City View
  • No HOA
  • 4-minute walk to Yelm City Park
  • Corner Lot

About This Lot

As of July 2023

Development opportunity! Large, mostly level, quarter acre double-lot in the Heart of Yelm, only two blocks from the original main intersection. One of the last remaining lots on the main drag that is left undeveloped! Zoned: Central Business District. Permitted uses include: retail establishments, service oriented establishments, and mixed use development. Talk to the City about your project! Fabulous location on the corner of 3rd St and Yelm Ave with alleyway running behind. Great visibility. Utilities are in the street, ready to be tapped into. Neighboring parcel is also for sale - buy one or buy them both and double your investment! Seller has owned for nearly 30yrs.

Last Agent to Sell the Property

Cynthia Schmier

RE/MAX Country License #13574 Listed on: 04/19/2023

RE/MAX Country

Last Buyer's Agent

Karena Peterson

RE/MAX Country License #16973

RE/MAX Country

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2054452

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,406

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Level Lot
  • Zoning described as CBD

Property Views

  • City
  • Territorial

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Mckenzies Condos
  • Yelm Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 & 8 / 8
  • Assessor Parcel Number 64400800700

Property Details

Property Type

Land

Est. Annual Taxes

$1,406

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: McKenzies
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 716

Interior Features

  • Possible Use: Business
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: City, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignApplied: false
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 64400800700
  • Topography: Level
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Zoning Description: CBD
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Business
  • LotNumber: 7 & 8

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1406

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

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $325,000 +85.7% --
05/05/2023 05/05/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $175,000 -- --
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 $1,452 $164,800 $164,800 --
2023 $1,452 $148,700 $148,700 $0
2022 $1,766 $150,800 $150,800 $0
2021 $1,587 $160,400 $160,400 $0
2020 $1,688 $125,300 $125,300 $0
2019 $1,335 $130,200 $130,200 $0
2018 $1,414 $104,100 $104,100 $0
2017 $1,488 $115,100 $115,100 $0
2016 $1,641 $105,700 $105,700 $0
2014 -- $119,800 $119,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Schmier

    Seller's Agent in 2023

    Cynthia Schmier

    RE/MAX

    (360) 400-3475

    303 Total Sales

    Cynthia Schmier
    Section Image
  • Karena Peterson

    Buyer's Agent in 2023

    Karena Peterson

    RE/MAX

    (800) 738-2755

    117 Total Sales

    Karena Peterson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2054452

Northwest Multiple Listing Service (NWMLS)

APN: 64400800700

Washington Thurston County Yelm 98597

225 Yelm Ave E, Yelm, WA

This home is located at 225 Yelm Ave E, Yelm, WA 98597 since 19 April 2023 and is currently estimated at $343,360. 225 Yelm Ave E 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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