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  • Listed by: Blue Summit Realty LLC • Shannon Knox
    Bought with: John L. Scott, Inc
    $708,500

    16321 148th Avenue SE, Yelm, WA 98597

    3beds
    2,205sqft
    Single Family Residence
    Built in 1968
    4.79 Acres Lot
    $708,500 Zestimate®
    $321/sqft
    $2,965 Estimated rent

    Home value

    $708,500

    $673,000 - $744,000

    $2,965/mo

    Zestimate® history
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    What's special

    Fruit treesGarden spaceMultiple outbuildingsSpacious ramblerEquestrian-friendly setupHeated tile floorSizable primary bedroom suite
    Country Living Close to Town! This private oasis offers the perfect blend of peaceful country living with the convenience of being just minutes from town. Situated on just shy of 5 fully fenced, cross-fenced, and gated acres, this spacious rambler has room for everyone and everything!Recent additions include a cozy propane fireplace in the living room, LVP flooring, ductless units for heat efficiency and AC, a large dining area, and heated tile floors. Updates also include a sizable primary bedroom suite complete with a 6' relaxing soaker tub with heated jets, heated tile floor, new vanities, shower, and a walk-in closet with custom shelves on one side of the home.There is a second primary bedroom, plus two additional rooms with closets on the other side of the home—offering flexibility for guests, office space, hobbies, or multi-generational living.The property also features 2-yr old roofs & exterior paint, a 30x36 shop w/ 10x10 heated room, huge 20x48 greenhouse, multiple outbuildings, an equestrian-friendly setup, garden space, fruit trees, a well for the home and a separate well for outdoor sprinkler and faucets. Plus no HOA or CCRs.Whether you're looking for a hobby farm, horse property, or simply more space to breathe, this peaceful and private property is packed with possibilities! Enjoy the beauty of country living, entertaining spaces, room to grow, and the freedom to truly make this property your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Knox,

    Blue Summit Realty LLC

    Bought with:

    Shirley J. Grindel, 9721

    John L. Scott, Inc

    Source: NWMLS as distributed by MLS GRID,MLS#: 2530953MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Other
    • Level: Main
    Other
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Ductless, Wall Furnace, Electric, Propane
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Laundry room
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Laminate, Carpet
    • Windows: Dbl Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: See Remarks, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 2,205
    • Total interior livable area: 2,205 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Carport, Detached Garage, RV Parking
    • Has garage: Yes
    • Has carport: Yes
    • Covered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Second Primary Bedroom, Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Jetted Tub, Sprinkler System, Walk-In Closet(s), Water Heater
    • Spa features: Bath
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 4.79 Acres
    • Features: Paved, Barn, Cable TV, Fenced-Fully, Fenced-Partially, Gated Entry, Green House, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Shop, Sprinkler System
    • Topography: Equestrian,Level
    • Residential vegetation: Fruit Trees, Garden Space, Pasture
    Details
    • Parcel number: 22618410400
    • Special conditions: Standard
    • Other equipment: Leased Equipment: Propane

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Products
    • Roof: Composition
    Condition
    • Year built: 1968
    • Major remodel year: 1990

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank, Company: Septic
    • Water: Individual Well, Company: Well
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Yelm Rural
    Location
    • Region: Yelm

    Financial & listing details

    • Price per square foot: $321/sqft
    • Tax assessed value: $532,800
    • Annual tax amount: $3,822
    • Date on market: 7/5/2026
    • Cumulative days on market: 17 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Garbage Disposal, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    7/9/2026Sold$708,500+1.4%$321/sqft
    Source: NWMLS as distributed by MLS GRID #2530953 Report a problem
    6/5/2026Pending sale$698,500$317/sqft
    Source: NWMLS as distributed by MLS GRID #2530953 Report a problem
    6/1/2026Listed for sale$698,500+66.3%$317/sqft
    Source: NWMLS as distributed by MLS GRID #2530953 Report a problem
    6/22/2019Sold$420,000+1.2%$190/sqft
    Source: NWMLS as distributed by MLS GRID #1454674 Report a problem
    5/13/2019Pending sale$415,000$188/sqft
    Source: Carrier Capital Real Estate #1454674 Report a problem
    5/10/2019Listed for sale$415,000$188/sqft
    Source: Carrier Capital Real Estate #1454674 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,947 -20.8%$532,800 +3.3%
    2023$4,985 +11.9%$516,000 +8.3%
    2022$4,453 +0.5%$476,400 +17.9%
    2021$4,430 +8.3%$404,100 +24%
    2020$4,092 +32.9%$325,900 +16.8%
    2019$3,080 -12.9%$279,100 -2.2%
    2018$3,534 +17.2%$285,400 +23.6%
    2017$3,014 $230,950 +5.9%
    2016$3,014 $218,000 +1.6%
    2014$3,014 $214,550 +15%
    2013-- $186,550
    2012$2,796 --
    2011-- --
    2010-- --
    2009$2,851 --
    2008-- --
    2007$2,603 -25.8%--
    2006$3,507 +54.3%--
    2005$2,273 --
    2004-- --
    2002-- --
    2001$1,768 -0.9%$123,100
    2000$1,784 $123,100
    Find assessor info on the county website

    Neighborhood: 98597

    Nearby schools

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    Estimated market value
    $708,500
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    Estimated market value
    $708,500