Sold316d on market
14040 Old Farm Lane SE
Yelm, WA, 98597 • 98597 • Thurston County
$365,000
40.1 acLot
Property DNA
Waterfront Property
Creek
Territorial Views
Territorial
Yelm Rural
98597
This home is getting attention
Listed 316 days ago
Market activity
Demand and pricing signals for this listing
316 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 35% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
East Capen Ranch, located near Yelm, encompasses 160 acres divided into four 40-acre parcels featuring pasture and reforested timberlands with creek frontage. Lot 5 offers a flat-to-rolling landscape with a private access road, as well as electricity and phone services available in the southeast corner. Additionally, there may be potential to divide this lot into 20-acre parcels. The property is currently zoned for Long-Term Agriculture. Its location provides easy access to Joint Base Lewis-McChord, Yelm, and the greater Olympia area. Don’t miss the opportunity to own a piece of this remarkable land! Pics are representative of all 4 parcels.
Estimated monthly payment
Based on current rates
$2,272/month
Principal & Interest$1,786
Property Tax$365
Insurance$122
Down payment20% ($73,000)
3%50%
Est. 6.18% rate · 30yr fixed · $292,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerWell Needed / Not Available
Parking & Outdoor
Lot40.13 Acres
Location & Tax
Neighborhood98597
ZoningLTA-20
Annual tax$140
Parcel22608430400
Features & details
4 categories of property features
Exterior Features
Lot Features
Lightly Treed
Views
Territorial
Utilities
Electricity Available
Gas
Not Available
Listing insights
Market data and value estimates
StatusSold
Days on market316
Tax rate0.81%
On marketJun 17, 2025
PostedApr 9, 2025
Last sold$365,000
MLS statusSold
MLS updatedJun 26, 2025
Tour days6
How are the schools in Yelm?
3 schools rated nearby
Location
Yelm, WA, 98597
Price history
3 events
DateEventPrice$/sqftSource
May 26, 2025Sold$365,000—NWMLS as distributed by MLS GRID
Apr 18, 2025Pending Sale$380,000—NWMLS as distributed by MLS GRID
Apr 9, 2025Listed For Sale$380,000—NWMLS as distributed by MLS GRID
Sold$365,000
May 26, 2025•NWMLS as distributed by MLS GRID
Pending Sale$380,000
Apr 18, 2025•NWMLS as distributed by MLS GRID
Listed For Sale$380,000
Apr 9, 2025•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Yelm, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
9851398597
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 23:09:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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