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14395 Lockwood Lane SE, Yelm, WA, 98597

3beds
3baths
1,437sqft
$465,000
$324price/sqft
$2,796/moest. monthly cost
$111,840/yrincome needed

About This Home

Welcome to your new home! This charming newer construction, in Yelm, where comfort, style, and convenience come together beautifully. With 3 bedrooms, 2.25 baths, and a functional two-story layout, this inviting home offers a blend of modern living and easy access. Enjoy the added convenience of a 2-car garage, low-maintenance outdoor space, and a move-in-ready interior. With a spacious park across the street located near local schools, shopping, dining, and daily amenities, this home is a wonderful opportunity to enjoy all that Yelm has to offer in a space that truly feels like home.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
6/10
Yelm Middle SchoolGrades 6-81.3 mi
4/10
Yelm High School 12Grades 9-120.8 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Stove(s)/Range(s),Dishwasher(s),Microwave(s)

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Flooring: Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric
  • Cooling features: Forced Air,Heat Pump

Interior Area

  • Total structure area: 1,437
  • Total interior livable area: 1,437 sqft

Other

  • Level: Main

Property

Details

  • Parcel number: 78640129000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,822 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,351$28,212
Home Insurance *$131$1,572
Property Taxes $165$1,980
Electricity $149$1,793
Total$2,796$33,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,862/yr
40% on housing$83,880/yr
45% on housing$74,560/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$324This listing

vs Other Active Listings

Avg $/sqft

ZIP 98597$221
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98597$274
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-03Listed for sale$465,000
2024-06-07Sold$452,450

For Sale by Agent

AgentB Keith Redding
BrokerageeXp Realty

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