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16240 Prairie Creek Loop

Yelm, WA 98597

3 bd 2 ba 1,320 sqft Built 1995 Lot 8,258 sqft single_family
Most recent sale
$407,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $407,000 MLS #1877338
Jan 22, 2022 Listed $379,900 MLS #1877338
May 23, 2007 Sold $228,900 Public Record
Jun 6, 1996 Sold $119,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $272,400 $145,300 $417,700 $3,044
2025 $272,400 $145,300 $417,700 $2,970
2024 $267,500 $111,400 $378,900 $3,698
2023 $294,100 $77,300 $371,400 $3,460
2022 $218,700 $83,600 $302,300 $407
2021 $185,100 $62,900 $248,000 $441
2020 $181,200 $51,900 $233,100 $454
2019 $174,700 $37,300 $212,000 $465
2018 $159,400 $25,500 $184,900 $469
2017 $138,700 $25,050 $163,750 $486
2016 $120,200 $33,250 $153,450 $478
2015 $111,500 $31,900 $143,400 $740
2014 $103,200 $35,900 $139,100 $725
2013 $97,900 $35,900 $133,800 $701
2012 $97,900 $35,900 $133,800 $830
2011 $116,200 $41,300 $157,500 $808
2010 $128,900 $41,300 $170,200 $639
2008 $136,200 $61,050 $197,250 $614
2007 $124,400 $63,950 $188,350 $308

Property facts

Year built
1995
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,320 sqft
Lot size
8,258 sqft
ZIP code
98597
City
Yelm
Street
Prairie Creek Loop
Coordinates
46.94383, -122.59420

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,036
Gross rental yield
8.95%
Implied cap rate
5.82%
Trend-extrapolated value

Frequently asked questions

When did 16240 Prairie Creek Loop last sell?
16240 Prairie Creek Loop most recently sold on Feb 28, 2022 for $407,000.
What is the current tax assessment for 16240 Prairie Creek Loop?
The most recent total assessment for 16240 Prairie Creek Loop (year 2026) is $417,700 with $3,044 in property tax.
How does 16240 Prairie Creek Loop's assessment compare to its last sale price?
The current assessment is 2.6% above the last sale price of $407,000.
When was 16240 Prairie Creek Loop built?
16240 Prairie Creek Loop was built in 1995.
How does 16240 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 16240 Prairie Creek Loop?
16240 Prairie Creek Loop is a 3 bed, 2 bath, 1,320 sqft, 8,258 sqft lot single_family.
Is 16240 Prairie Creek Loop a flip candidate?
No — 16240 Prairie Creek Loop does not appear in our flips dataset.
Is 16240 Prairie Creek Loop a tax-appeal candidate?
No — 16240 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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