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306 2nd St

Yelm, WA 98597

3 bd 2 ba 1,320 sqft Built 1959 Lot 8,400 sqft single_family
Most recent sale
$402,000
Feb 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2022 Sold $402,000 MLS #1876845
Jan 21, 2022 Listed $355,000 MLS #1876845
Mar 31, 2017 Sold $129,000 Public Record
Mar 3, 2017 Listing removed $132,900 NWMLS
Feb 24, 2017 Listed $132,900 MLS #1082637
Oct 28, 2004 Sold $135,500 Public Record
Feb 25, 1993 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $184,400 $146,100 $330,500 $2,406
2025 $184,400 $146,100 $330,500 $2,237
2024 $169,900 $112,200 $282,100 $2,751
2023 $167,200 $84,900 $252,100 $2,346
2022 $125,500 $92,700 $218,200 $2,400
2021 $125,500 $92,700 $218,200 $2,258
2020 $106,200 $72,200 $178,400 $2,139
2019 $106,400 $58,700 $165,100 $1,507
2018 $44,500 $94,100 $138,600 $1,810
2017 $44,600 $88,800 $133,400 $2,004
2016 $68,300 $86,800 $155,100 $2,005
2015 $54,300 $93,750 $148,050 $2,010
2014 $54,900 $91,900 $146,800 $2,025
2013 $55,500 $88,200 $143,700 $2,116
2012 $56,500 $89,200 $145,700 $2,105
2011 $60,100 $97,900 $158,000 $2,285
2010 $66,300 $116,650 $182,950 $1,734
2008 $107,700 $91,900 $199,600 $1,706
2007 $110,900 $72,950 $183,850 $1,345

Property facts

Year built
1959
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,320 sqft
Lot size
8,400 sqft
ZIP code
98597
City
Yelm
Street
2nd St
Coordinates
46.94291, -122.60291

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,036
Gross rental yield
9.06%
Implied cap rate
5.89%
Trend-extrapolated value

Frequently asked questions

When did 306 2nd St last sell?
306 2nd St most recently sold on Feb 22, 2022 for $402,000.
What is the current tax assessment for 306 2nd St?
The most recent total assessment for 306 2nd St (year 2026) is $330,500 with $2,406 in property tax.
How does 306 2nd St's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $402,000.
When was 306 2nd St built?
306 2nd St was built in 1959.
How does 306 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 306 2nd St?
306 2nd St is a 3 bed, 2 bath, 1,320 sqft, 8,400 sqft lot single_family.
Is 306 2nd St a flip candidate?
No — 306 2nd St does not appear in our flips dataset.
Is 306 2nd St a tax-appeal candidate?
No — 306 2nd St 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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