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16232 Prairie Creek Loop

Yelm, WA 98597

3 bd 2 ba 1,334 sqft Built 1995 Lot 6,521 sqft single_family
Most recent sale
$450,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2025 Sold $474,950 NWMLS
Dec 7, 2024 Listed $474,950 NWMLS
May 20, 2022 Sold $450,000 MLS #1912868
Apr 13, 2022 Listed $419,000 MLS #1912868
Feb 28, 1996 Sold $112,950 Public Record
Aug 31, 1995 Sold $107,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $259,200 $142,600 $401,800 $2,929
2025 $259,200 $142,600 $401,800 $2,857
2024 $253,600 $105,900 $359,500 $3,510
2023 $278,800 $73,800 $352,600 $3,285
2022 $207,600 $78,700 $286,300 $3,153
2021 $176,500 $55,300 $231,800 $2,937
2020 $159,600 $48,800 $208,400 $2,703
2019 $156,100 $35,300 $191,400 $2,084
2018 $142,700 $24,400 $167,100 $2,266
2017 $127,900 $24,050 $151,950 $1,968
2016 $109,500 $31,000 $140,500 $1,907
2015 $104,100 $29,750 $133,850 $1,837
2014 $96,300 $33,650 $129,950 $1,836
2013 $91,400 $33,650 $125,050 $1,821
2012 $91,400 $33,650 $125,050 $1,964
2011 $108,300 $38,700 $147,000 $2,009
2010 $121,700 $38,700 $160,400 $1,720
2008 $129,900 $57,150 $187,050 $1,689
2007 $117,500 $63,950 $181,450 $1,673

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,334 sqft
Lot size
6,521 sqft
ZIP code
98597
City
Yelm
Street
Prairie Creek Loop
Coordinates
46.94396, -122.59547

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,068
Gross rental yield
8.18%
Implied cap rate
5.32%
Trend-extrapolated value

Frequently asked questions

When did 16232 Prairie Creek Loop last sell?
16232 Prairie Creek Loop most recently sold on May 20, 2022 for $450,000.
What is the current tax assessment for 16232 Prairie Creek Loop?
The most recent total assessment for 16232 Prairie Creek Loop (year 2026) is $401,800 with $2,929 in property tax.
How does 16232 Prairie Creek Loop's assessment compare to its last sale price?
The current assessment is 10.7% below the last sale price of $450,000.
When was 16232 Prairie Creek Loop built?
16232 Prairie Creek Loop was built in 1995.
How does 16232 Prairie Creek Loop compare to others on Prairie Creek Loop?
We track 8 other properties on Prairie Creek Loop. Browse the list under "Other properties on Prairie Creek Loop" to compare beds, baths, and sale history.
What are the property facts for 16232 Prairie Creek Loop?
16232 Prairie Creek Loop is a 3 bed, 2 bath, 1,334 sqft, 6,521 sqft lot single_family.
Is 16232 Prairie Creek Loop a flip candidate?
No — 16232 Prairie Creek Loop does not appear in our flips dataset.
Is 16232 Prairie Creek Loop a tax-appeal candidate?
No — 16232 Prairie Creek Loop 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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