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16240 Prairie Heights St

Yelm, WA 98597

3 bd 2 ba 1,966 sqft Built 1995 Lot 8,536 sqft single_family
Most recent sale
$465,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $465,000 MLS #1954445
Jun 19, 2022 Listed $465,000 MLS #1954445
May 28, 2009 Sold $175,000 Public Record
Apr 7, 1995 Sold $175,706 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $445,200 $142,200 $587,400 $4,277
2025 $445,200 $142,200 $587,400 $4,194
2024 $403,300 $109,400 $512,700 $5,001
2023 $418,100 $75,900 $494,000 $4,599
2022 $310,900 $84,700 $395,600 $4,353
2021 $310,900 $84,700 $395,600 $4,146
2020 $263,500 $64,000 $327,500 $3,705
2019 $233,300 $52,500 $285,800 $2,863
2018 $225,500 $37,700 $263,200 $3,141
2017 $205,900 $25,800 $231,700 $2,715
2016 $184,600 $25,300 $209,900 $2,598
2015 $158,000 $33,600 $191,600 $2,448
2014 $146,200 $32,250 $178,450 $2,422
2013 $135,300 $36,250 $171,550 $2,397
2012 $128,500 $36,250 $164,750 $2,588
2011 $152,200 $41,700 $193,900 $2,663
2010 $171,100 $41,700 $212,800 $2,262
2008 $180,400 $61,600 $242,000 $2,116
2007 $163,600 $63,950 $227,550 $2,129

Property facts

Year built
1995
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,966 sqft
Lot size
8,536 sqft
ZIP code
98597
City
Yelm
Street
Prairie Heights St
Coordinates
46.93414, -122.59572

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
$4,522
Gross rental yield
11.67%
Implied cap rate
7.59%
Trend-extrapolated value

Frequently asked questions

When did 16240 Prairie Heights St last sell?
16240 Prairie Heights St most recently sold on Jul 26, 2022 for $465,000.
What is the current tax assessment for 16240 Prairie Heights St?
The most recent total assessment for 16240 Prairie Heights St (year 2026) is $587,400 with $4,277 in property tax.
How does 16240 Prairie Heights St's assessment compare to its last sale price?
The current assessment is 26.3% above the last sale price of $465,000.
When was 16240 Prairie Heights St built?
16240 Prairie Heights St was built in 1995.
How does 16240 Prairie Heights St compare to others on Prairie Heights St?
We track 4 other properties on Prairie Heights St. Browse the list under "Other properties on Prairie Heights St" to compare beds, baths, and sale history.
What are the property facts for 16240 Prairie Heights St?
16240 Prairie Heights St is a 3 bed, 2 bath, 1,966 sqft, 8,536 sqft lot single_family.
Is 16240 Prairie Heights St a flip candidate?
No — 16240 Prairie Heights St does not appear in our flips dataset.
Is 16240 Prairie Heights St a tax-appeal candidate?
Yes — 16240 Prairie Heights St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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