OFF MARKET

Listed by Marissa Beach • Keller Williams Realty PS. Bought with Spivey Realty Group, LLC.

Off market aug 2025 for $510K

$598,525

Est. refi paymentEst. refi $2,893/mo

•

2,003

sq ft

17200 Railway Rd SE, Yelm, WA 98597

About this home

Investor & builder opportunity in Yelm, WA. Located in a growing community with demand for new housing on a parcel of 5 acres, this 3 bdrm, 2 bath, 2005-built 2,003 sqft home has lots of potential. Manufactured home also included in the sale. Just minutes from schools, parks, shopping, and easy access to JBLM, Olympia and Tacoma, this location offers both convenience and growth potential. Buyer to verify zoning and development opportunities. Don't miss out on this rare chance to build and invest in one of Thurston County's fastest growing areas.

Single-familyProperty Type

2005Year Built

5 acresLot Size

$299Est. Price/Sq.Ft.

2 car garageParking

Listed by Marissa Beach • Keller Williams Realty PS

Bought with Chris Pierog • Spivey Realty Group, LLC

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2354526

Redfin Estimate

$598,525

$89K since sold in August 2025$8,000 since October

Recently sold homes
Estimate history

This home's estimate is 17.5% higher than the average sale price ($510K) of 6 comparable homes.

SOLD BY REDFIN AUG 25, 2026
$430,000
A
3 beds2 baths1,330 sq ft
16740 Port Orford Blvd SE, Yelm, WA 98597
Listing provided by nwmls
SOLD SEP 9, 2026
$642,000
B
3 beds2 baths1,656 sq ft
9505 Bridge Rd SE, Yelm, WA 98597
Listing provided by nwmls
SOLD SEP 16, 2026
$410,500
C
3 beds2 baths1,354 sq ft
17003 Wisteria Ct SE, Yelm, WA 98597
Listing provided by nwmls
SOLD OCT 30, 2026
$470,000
D
3 beds2.5 baths1,694 sq ft
9819 Greenleaf Loop SE, Yelm, WA 98597
Listing provided by nwmls
SOLD JUN 30, 2026
$465,000
E
3 beds2 baths1,467 sq ft
10001 Beth Ct SE, Yelm, WA 98597
Listing provided by nwmls
BOUGHT WITH REDFIN APR 27, 2026
$639,800
F
4 beds2 baths1,900 sq ft
16911 Flume Rd SE, Yelm, WA 98597
Listing provided by nwmls

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Earn from this home

Sell

$163,085

Est. take-home

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Refinance

Est. cash available

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Rent

$2,640/mo

Redfin rental estimate

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Market trends in 98597, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.5%

0.1% MoM

Median sale price

$485K

$623 MoM

Avg. days on market

42d

9 days MoM

Recently sold homes

135

22 MoM

New listings for sale

NEW
$410,000
3 beds2.5 baths1,383 sq ft
21714 N Clear Lake Blvd SE, Yelm, WA 98597
Nicole Koch • Coldwell Banker Danforth
$375,000
2 beds1 bath1,088 sq ft
17621 Vine Ln SE, Yelm, WA 98597
Mandy Klebe • Realty One Group Bold
3D WALKTHROUGH
$450,000
3 beds2.5 baths1,603 sq ft
9916 Greenleaf Loop SE, Yelm, WA 98597
Mac Ziad • Kelly Right RE of Seattle LLC
$379,950
3 beds2 baths1,311 sq ft
21827 Crest Ln SE, Yelm, WA 98597
Jaimie Lee • Keller Williams Rlty Bellevue
$599,975
4 beds2.5 baths2,549 sq ft
15355 92nd Ave SE, Yelm, WA 98597
Jahleel Vester • Pure Real Estate
$352,000
3 beds2.5 baths1,918 sq ft
22222 Bluewater Dr SE, Yelm, WA 98597
Chad Link • Elite Properties
VIDEO TOUR
$299,000
2 beds1 bath864 sq ft
904 Crystal Spgs NW, Yelm, WA 98597
Kari Montgomery • Keller Williams Realty
3D WALKTHROUGH
$449,950
3 beds2 baths1,498 sq ft
18315 Avonwood Ct SE, Yelm, WA 98597
Rick Simpson • John L. Scott/Yelm
VIDEO TOUR
$499,000
2 beds2 baths2,000 sq ft
17142 Lakepoint Dr SE, Yelm, WA 98597
Aubrey Davenport • eXp Realty
See all

Provided by Redfin

Sale history for 17200 Railway Rd SE

Date

Event

Price

Aug 20, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2354526

$510,000

$255/sq ft

May 31, 2025

Pending

NWMLS as Distributed by MLS Grid #2354526

—

May 21, 2025

Price Changed

NWMLS as Distributed by MLS Grid #2354526

$540,000

$270/sq ft

Apr 3, 2025

Listed (Active)

NWMLS as Distributed by MLS Grid #2354526

$586,000

$293/sq ft

Sep 9, 2011

Sold

Public Records

$371,173

$185/sq ft

Aug 27, 2004

Sold

Public Records

$90,000

$45/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,515 (+2.6%)

$215,000 + $401,400

$616,400

2025

$4,403 (−22.7%)

$215,000 + $401,400

$616,400

2024

$5,695 (+2.6%)

$216,900 + $369,100

$586,000

2023

$5,550 (+0.7%)

$176,700 + $406,700

$583,400

2022

$5,513 (+15.4%)

$142,100 + $446,700

$588,800

2021

$4,780 (−6.3%)

$156,200 + $342,400

$498,600

2020

$5,102 (+25.5%)

$111,000 + $265,100

$376,100

2019

$4,067 (−7.0%)

$100,000 + $292,100

$392,100

2018

$4,373 (−2.8%)

$67,500 + $251,000

$318,500

2017

$4,499 (−1.3%)

$67,500 + $251,000

$318,500

2016

$4,560 (+8.9%)

$92,600 + $245,500

$338,100

2015

$4,186 (−1.7%)

$127,700 + $204,300

$332,000

2014

$4,259 (−4.1%)

$123,700 + $171,100

$294,800

2013

$4,440 (−6.4%)

$123,700 + $171,100

$294,800

2012

$4,743 (+7.7%)

$118,150 + $179,400

$297,550

2011

$4,405 (+10.5%)

$153,800 + $199,400

$353,200

2010

$3,987 (−7.9%)

$158,150 + $196,000

$354,150

2009

$4,327

$158,150 + $198,900

$357,050

Tax history for 17200 Railway Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$4,515 (+2.6%)

$215,000 + $401,400

$616,400

2025

$4,403 (−22.7%)

$215,000 + $401,400

$616,400

2024

$5,695 (+2.6%)

$216,900 + $369,100

$586,000

2023

$5,550 (+0.7%)

$176,700 + $406,700

$583,400

2022

$5,513 (+15.4%)

$142,100 + $446,700

$588,800

2021

$4,780 (−6.3%)

$156,200 + $342,400

$498,600

2020

$5,102 (+25.5%)

$111,000 + $265,100

$376,100

2019

$4,067 (−7.0%)

$100,000 + $292,100

$392,100

2018

$4,373 (−2.8%)

$67,500 + $251,000

$318,500

2017

$4,499 (−1.3%)

$67,500 + $251,000

$318,500

2016

$4,560 (+8.9%)

$92,600 + $245,500

$338,100

2015

$4,186 (−1.7%)

$127,700 + $204,300

$332,000

2014

$4,259 (−4.1%)

$123,700 + $171,100

$294,800

2013

$4,440 (−6.4%)

$123,700 + $171,100

$294,800

2012

$4,743 (+7.7%)

$118,150 + $179,400

$297,550

2011

$4,405 (+10.5%)

$153,800 + $199,400

$353,200

2010

$3,987 (−7.9%)

$158,150 + $196,000

$354,150

2009

$4,327

$158,150 + $198,900

$357,050

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5 Acres

Year renovated

2005

Sq. Ft.

2,003

Year built

2005

Style

Single Family Residential

County

Thurston County

APN

22720120100

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

RRR1/5

Rural Residential/Resource One Dwelling Unit Per Five Acre District

The purpose of this chapter is to encourage residential development that maintains the county's rural character; provides opportunities for compatible agricultural, forestry and other rural land uses; is sensitive to the site's physical characteristics; provides greater opportunities for protecting sensitive environmental areas and creating open space corridors; enables efficient road and utility systems; and does not create demands for urban level services.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Multiple units

Property details

Parking

Parking Information
Covered Spaces: 2
Parking Features: Attached Garage, RV Parking
Garage Spaces: 2
Has Attached Garage
Has Garage
Garage Square Feet: 404

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3

Bathroom Information
# of Full Baths (Total): 2
# of Main Level Bathrooms (Total): 2
# of Full Baths (Main): 2
# of Bathtubs: 2

Room 1 Information
Room Type: Kitchen Without Eating Space
Room Level: Main

Room 2 Information
Room Type: Living Room
Room Level: Main

Room 3 Information
Room Type: Primary Bedroom
Room Level: Main

Room 4 Information
Room Type: Bathroom Full
Room Level: Main

Room 5 Information
Room Type: Bathroom Full
Room Level: Main

Room 6 Information
Room Type: Bedroom
Room Level: Main

Room 7 Information
Room Type: Bedroom
Room Level: Main

Basement Information
Basement Features: None

Heating & Cooling
Has Heating
Heating Information: Forced Air
Has Cooling
Cooling Information: Other – See Remarks

Interior Features
Interior Features: Ceiling Fan(s), Dining Room, Vaulted Ceiling(s), Walk-in Closet(s), Water Heater
Flooring: Hardwood

Second Living Quarters Information
ADU # of Beds: 4
ADU # of Baths: 2

Exterior

Building Information
Building Information: Attached/Zero Lot Line
Construction Materials: Wood
Roof: Composition

Exterior Features
Exterior Features: Wood Products

Property Information
Energy Source: Electric
Sq. Ft. Finished: 2,003
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Zoning: RRR1/5

Lot Information
Lot Number: 3
MLS Lot Size Source: Realist
Site Features: Outbuildings,RV Parking
Lot Features: Dead End Street, Dirt Road, Value In Land
Lot Size Units: Square Feet
Lot Size Acres: 5
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,201.52
Tax Year: 2025

Financial Information
Listing Terms: Cash Out, Conventional, Rehab Loan, USDA Loan, VA Loan
Buyer Financing: Other

Utilities

Utility Information
Water Source: Shared Well
Water Company: Water Well
Power Company: Puget Sound Energy
Sewer: Septic Tank
Sewer Company: (Septic)
Water Heater Location: Garage
Water Heater Type: Electric
Internet Connected: Light Curve

Location

School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Yelm

Location Information
Directions: From Tacoma, take I-705 S to I-5 S to WA-512E and take the Steel St exit. Take Spanaway Loop Rd. S. to WA-704E. Take WA-507S to Old McKenna Rd SE in Thurston County. Take Bridge Rd SE to destination.

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,003
Stories: 1.0
Lot Size: 5 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: Thurston County
APN: 22720120100

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Buyer Brokerage Compensation: Buyer to request
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, April 3, 2025

Green Information
Power Production Type: Electric

Home Information
Living Area: 2,003
Calculated Square Footage: 3937
MLS Square Footage Source: Realist
Building Area Total: 2003
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 2005
Effective Year Built Source: Public Records
Structure Type: House
Levels: One

Around this home

Schools

K - 12
Preschool & daycare

Fort Stevens Elementary School

Public PreK-5 • Assigned • 1.0mi

7/10

Yelm Middle School

Public 6-8 • Assigned • 1.7mi

6/10

Yelm High School 12

Public 9-12 • Assigned • 2.4mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

3/10 Heat Factor

6 days above 87° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Yelm, WA • 98597

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$569,000 – $689,000

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

New listings for sale in 98597

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Listing provided by NWMLS as Distributed by MLS Grid

$352,000

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22222 Bluewater Dr SE, Yelm, WA 98597

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Listing provided by NWMLS as Distributed by MLS Grid

VIDEO TOUR

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Listing provided by NWMLS as Distributed by MLS Grid

3D WALKTHROUGH

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

Home values near 17200 Railway Rd SE

Data from public records.

Address	Redfin Estimate
17220 Railway Rd SE, Yelm, WA 3 Beds \| 2 Baths \| 1367 Sq. Ft.	$516,112
17035 Railway Rd SE, Yelm, WA 3 Beds \| 2 Baths \| 1104 Sq. Ft.	$799,231
9526 Bridge Rd SE, Yelm, WA 3 Beds \| 2 Baths \| 1476 Sq. Ft.	$622,674
17211 Flume Rd SE, Yelm, WA - Beds \| 2.5 Baths \| 1368 Sq. Ft.	$495,656
17010 94th Ln SE, Yelm, WA 3 Beds \| 2.5 Baths \| 1632 Sq. Ft.	$448,914
17034 94th Ln SE, Yelm, WA 3 Beds \| 2.5 Baths \| 1760 Sq. Ft.	$616,825

Address	Redfin Estimate
17040 Railway Rd SE, Yelm, WA 4 Beds \| - Baths \| 2040 Sq. Ft.	$640,957
17240 Flume Rd SE, Yelm, WA 3 Beds \| 2 Baths \| 1484 Sq. Ft.	$518,061
9508 Bridge Rd SE, Yelm, WA 2 Beds \| 1 Baths \| 1120 Sq. Ft.	$438,062
17225 Flume Rd SE, Yelm, WA 3 Beds \| 2 Baths \| 1872 Sq. Ft.	$378,240
17016 94th Ln SE, Yelm, WA 4 Beds \| 2 Baths \| 1755 Sq. Ft.	$547,724
17005 94th Ln SE, Yelm, WA 3 Beds \| 2 Baths \| 1720 Sq. Ft.	$545,756

Address	Redfin Estimate
17030 Railway Rd SE, Yelm, WA 3 Beds \| 2 Baths \| 2352 Sq. Ft.	$848,079
17242 Flume Rd SE, Yelm, WA 2 Beds \| 1 Baths \| 1292 Sq. Ft.	$413,306
17010 Flume Rd SE, Yelm, WA 3 Beds \| 2 Baths \| 1780 Sq. Ft.	$674,168
17022 94th Ln SE, Yelm, WA 3 Beds \| 3 Baths \| 2795 Sq. Ft.	$647,443
17007 94th Ln SE, Yelm, WA 4 Beds \| 2 Baths \| 1938 Sq. Ft.	$579,159
9434 Bridge Rd SE, Yelm, WA 4 Beds \| 4 Baths \| 3064 Sq. Ft.	$919,364

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98597, WA

Sale history for 17200 Railway Rd SE

Tax history for 17200 Railway Rd SE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98597

Home values near 17200 Railway Rd SE

More real estate resources