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16038 159th Ln

Yelm, WA 98597

3 bd 2 ba 2,800 sqft Built 2004 Lot 290,981 sqft single_family
Most recent sale
$800,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $800,000 MLS #1870452
Mar 17, 2022 Relisted $800,000 MLS #1870452
Dec 8, 2021 Listed $800,000 MLS #1870452
Dec 16, 2016 Sold $455,000 MLS #1014869
Sep 29, 2016 Price changed $469,000 MLS #1014869
Sep 21, 2016 Price changed $489,000 MLS #1014869
Aug 15, 2016 Listed $499,900 MLS #1014869
Aug 29, 2003 Sold $290,850 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $591,800 $213,000 $804,800 $5,758
2025 $591,800 $213,000 $804,800 $5,895
2024 $501,000 $234,900 $735,900 $7,063
2023 $599,700 $158,700 $758,400 $7,024
2022 $454,900 $150,700 $605,600 $6,585
2021 $411,600 $100,000 $511,600 $6,364
2020 $346,200 $101,300 $447,500 $5,726
2019 $367,100 $95,900 $463,000 $4,931
2018 $340,000 $82,600 $422,600 $5,674
2017 $315,500 $80,150 $395,650 $5,148
2016 $277,400 $84,250 $361,650 $4,943
2015 $262,500 $86,800 $349,300 $4,846
2014 $205,100 $81,300 $286,400 $4,127
2013 $207,000 $84,250 $291,250 $4,334
2012 $207,000 $84,250 $291,250 $4,364
2011 $227,800 $97,550 $325,350 $4,127
2010 $232,700 $99,550 $332,250 $3,827
2008 $210,000 $149,300 $359,300 $4,005
2007 $239,200 $154,150 $393,350 $3,638

Property facts

Year built
2004
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,800 sqft
Lot size
290,981 sqft
ZIP code
98597
City
Yelm
Street
159th Ln
Coordinates
46.85669, -122.60363

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,440
Gross rental yield
9.66%
Implied cap rate
6.28%
Trend-extrapolated value

Frequently asked questions

When did 16038 159th Ln last sell?
16038 159th Ln most recently sold on May 6, 2022 for $800,000.
What is the current tax assessment for 16038 159th Ln?
The most recent total assessment for 16038 159th Ln (year 2026) is $804,800 with $5,758 in property tax.
How does 16038 159th Ln's assessment compare to its last sale price?
The current assessment is 0.6% above the last sale price of $800,000.
When was 16038 159th Ln built?
16038 159th Ln was built in 2004.
How does 16038 159th Ln compare to others on 159th Ln?
We track 8 other properties on 159th Ln. Browse the list under "Other properties on 159th Ln" to compare beds, baths, and sale history.
What are the property facts for 16038 159th Ln?
16038 159th Ln is a 3 bed, 2 bath, 2,800 sqft, 290,981 sqft lot single_family.
Is 16038 159th Ln a flip candidate?
No — 16038 159th Ln does not appear in our flips dataset.
Is 16038 159th Ln a tax-appeal candidate?
No — 16038 159th Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$463.1K
2026 Q4
$465.4K
ZIP 98597 — Median Price History + Forecast

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