Listed by On Point Real Estate, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

3330 Galvin Rd Centralia, WA 98531

Estimated Value: $421,000 - $1,120,790

-- Bed
1 Bath
5,412 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $1,050,000 $194 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $5,026/month

289 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of July 2023

The very best rental community in town. A 1930 house, three 1974 houses and a 1974 duplex, all on one park-like parcel. These homes are in excellent conditon and show real pride of ownership. The property is located in the very desirable Ford's Prairie area with close access to I-5, schools and shopping. All of this is why the units have very low turnover. Centralia has an extremely tight rental market with new industry bringing in jobs faster than all of the new workers can be housed. This should be a very stable investment for years to come. If you drive through please show respect for the residents. Showings and inspections only after Mutual Agreement.

Last Agent to Sell the Property

Scott Horner

On Point Real Estate License #11374 Listed on: 08/08/2022

Last Buyer's Agent

Thach Nguyen

John L. Scott, Inc License #41595

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1979823

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,678

Year Built

  • Built in 1974

Lot Details

  • 1.89 Acre Lot
  • Property is in good condition

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,412 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Schools

  • Centralia Mid Middle School
  • Centralia High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fords Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021922000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,678

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1974
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5412
  • SOCComments: com based on price minus concessions
  • Special Features: None

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: City of Centralia
  • SewerCompany: septic
  • WaterCompany: City of Centralia
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 4697

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia
  • High School: Centralia High
  • Middle Or Junior School: Centralia Mid

Lot Info

  • Parcel Number: 021922000000
  • Lot Size Acres: 1.89
  • Lot Size Sq Ft: 82328
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Shop
  • MLSLotSizeSource: Assessor & Owner
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.6
  • LeasedItems: None
  • TotalMonthlyIncome: 7480

Multi Family

  • Gross Scheduled Income: 89760
  • Net Operating Income: 69996
  • Number Of Units Total: 6
  • Electric Expense: 863
  • Insurance Expense: 2313
  • Leasable Area: 5412
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6678

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Jul 14, 2023
Sold by
Aldrich Joseph G and Aldrich Joy G
Bought by
Rb Commercial Properties Llc
Seller's Agent
Scott Horner
On Point Real Estate
Buyer's Agent
Thach Nguyen
John L. Scott, Inc
List Price
$1,400,000
Sold Price
$1,050,000
Premium/Discount to List
-$350,000
-25%
Views
251
Current Estimated Value
$830,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$219,737
Avg. Annual Appreciation
-10.56%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rb Commercial Properties Llc $1,050,000 Lewis County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldrich Joseph G $57,000
Previous Owner Aldrich Joseph G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $1,050,000 -25.0% $194 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
08/08/2022 08/08/22 For Sale $1,400,000 -- $259 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,228 $1,103,800 $110,000 $993,800
2023 $8,021 $977,100 $110,000 $867,100
2022 $6,678 $675,500 $60,000 $615,500
2021 $5,301 $675,500 $60,000 $615,500
2020 $6,020 $597,800 $57,700 $540,100
2019 $4,596 $535,600 $50,800 $484,800
2018 $4,053 $462,100 $42,700 $419,400
2017 $3,434 $351,100 $42,700 $308,400
2016 $3,491 $369,600 $45,000 $324,600
2015 $3,646 $371,300 $50,400 $320,900
2013 $3,646 $370,400 $50,400 $320,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1979823

Northwest Multiple Listing Service (NWMLS)

APN: 021922-000-000