NOT LISTED FOR SALE

8940 Rathbun Rd SE Yelm, WA 98597

Estimated Value: $607,000 - $759,938

3 Beds
3 Baths
2,148 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $575,000 $268 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,072/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Deck
  • Spa
  • 19.54 Acre Lot
  • Secluded Lot

About This Home

As of October 2023

Unlock the full potential of this three bedroom, three bathroom rambler set on an expansive 19.54 acres in Yelm. With mostly flat terrain, the possibilities are endless. Enjoy unparalleled privacy as the property adjoins Fort Lewis forest land across the street. An addional potential living space with its own kitchenette and bathroom is fenced off from the main house, presenting opportunities for storage or generating income. Plus, it's priced to sell, making your dreams a more obtainable reality at an incredible value. Act now and seize the limitless potential this property has to offer!

Last Agent to Sell the Property

Chris Stewart

Hawkins Poe License #117795 Listed on: 09/19/2023

Hawkins Poe

Co-Listed By

Jennifer Hawkins

Hawkins Poe License #27673

Last Buyer's Agent

Maura Larson

John L. Scott, Inc. License #89418

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2157957

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,030

Year Built

  • Built in 1976

Lot Details

  • 19.54 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden

Parking

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

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Additional Homes

  • 448 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 1 Bathroom

Utilities

  • Forced Air Heating System
  • Generator Hookup
  • Propane
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Yelm Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,030

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1976
  • Inclusions: Dishwasher,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2596
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 448
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2157957?w=Consumer&agent=101815
  • Special Features: None
  • Cumulative Days on Market: 617

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Walk-In Pantry, Wired for Generator, Fireplace
  • Living Area: 2148
  • Main Level Bedrooms: 3
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2148
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • 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: RV Parking, Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Insert
  • Heating Yn: Yes
  • SewerCompany: Septic
  • WaterCompany: Individual Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 21714320000
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 19.54
  • Lot Size Sq Ft: 851162
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Hot Tub/Spa,Outbuildings,Propane,RV Parking
  • MLSLotSizeSource: Co Assessor
  • MLSSquareFootageSource: Co Assessor

Green Features

  • Power Production Type: Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6030

Multi Family

  • EnergySource: Propane,Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 17, 2023
Sold by
Armstrong Roberta L
Bought by
Pelayo Marcelino Pelayo and Leal Maria De La Luz Na
Seller's Agent
Chris Stewart
Hawkins Poe
Buyer's Agent
Maura Larson
John L. Scott, Inc.
List Price
$575,000
Sold Price
$575,000
Views
43
Current Estimated Value
$653,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,735
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Oct 10, 2014
Sold by
Hill Percie L and Armstrong Roberta L
Bought by
Armstrong Roberta L

Purchase Details

Closed on
Sep 3, 2010
Sold by
Armstrong Berthena
Bought by
Armstrong Berthena and Armstrong Roberta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2001
Sold by
Armstrong Roberta L
Bought by
Armstrong Berthena
Source: Public Records

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Range of Values:

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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
Pelayo Marcelino Pelayo $575,000 Wfg National Title Company Of
Armstrong Roberta L -- None Available
Armstrong Berthena $24,207 Stewart Title Of Western Was
Armstrong Berthena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Berthena $110,000
Previous Owner Armstrong Berthena $50,000
Previous Owner Armstrong Berthena $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $575,000 0.0% $268 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $575,000 -- $268 / 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 $5,325 $549,500 $288,800 $260,700
2023 $5,325 $542,300 $272,200 $270,100
2022 $6,776 $639,400 $230,600 $408,800
2021 $5,320 $615,100 $291,500 $323,600
2020 $5,239 $418,800 $148,800 $270,000
2019 $4,049 $401,600 $156,800 $244,800
2018 $4,590 $333,700 $123,600 $210,100
2017 $4,044 $302,200 $120,900 $181,300
2016 $3,784 $290,400 $132,000 $158,400
2014 -- $276,250 $127,850 $148,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2157957

Northwest Multiple Listing Service (NWMLS)

APN: 21714320000