NOT LISTED FOR SALE

409 419 W Pine St Centralia, WA 98531

Estimated Value: $1,573,000

18 Beds
6 Baths
8,190 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $680,000 $83 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $9,446/month

38 Days on Market

Highlights

  • Deck
  • Patio
  • Property is in very good condition
  • Thermal Windows
  • High Speed Internet
  • 4-minute walk to Central Park

About This Home

As of August 2017

Located approximately 1 mile east of the Interstate 5 outlet malls and two blocks from Centralia College. Three 2008 built townhome style duplexes for sale with six large 1365 sq. ft. units. 3 bedrooms / 2.75 baths, 9 ft. ceilings, attached garages, patios and washer/dryer hook ups. All utilities paid by tenants with separately metered water and electricity. 100% leased, condo conversion possible. Excellent price per foot rents compared to competition.

Last Agent to Sell the Property

Jeff Huling

Best Choice Realty LLC License #84348 Listed on: 03/09/2017

Best Choice Realty LLC

Last Buyer's Agent

Jeff Huling

Best Choice Realty LLC License #84348 Listed on: 03/09/2017

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1088338

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,300

Year Built

  • Built in 2008

Lot Details

  • 0.28 Acre Lot
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 8,190 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Edison Elementary School
  • Centralia Mid Middle School
  • Centralia High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Edison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002045002002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,300

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8190
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 441

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: Public
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 002045002002
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 5700

Multi Family

  • Gross Scheduled Income: 68400
  • Net Operating Income: 45222
  • Number Of Units Total: 1
  • Electric Expense: 291
  • Insurance Expense: 2830
  • Leasable Area: 8190
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7300

MLS Schools

  • Elementary School: Edison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Aug 7, 2017
Sold by
Cherry Orchard Llc
Bought by
Tumbleweed Properties Llc
Seller's Agent
Jeff Huling
Best Choice Realty LLC
Buyer's Agent
Jeff Huling
Best Choice Realty LLC
List Price
$685,000
Sold Price
$680,000
Premium/Discount to List
-$5,000
-0.73%
Total Days on Market
38
Current Estimated Value
$1,573,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,000
Avg. Annual Appreciation
2.55%
Original Mortgage
$340,000
Outstanding Balance
$289,057
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$538,943

Purchase Details

Closed on
Apr 2, 2007
Sold by
First Presbyterlan Church
Bought by
Cherry Orchard Llc
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
Tumbleweed Properties Llc $45,684 Lewis County Title
Cherry Orchard Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumbleweed Properties Llc $340,000
Previous Owner Cherry Orchard Llc $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $680,000 -0.7% $83 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $685,000 -- $84 / 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 $7,784 $1,188,800 $223,700 $965,100
2023 $13,480 $1,642,800 $223,700 $1,419,100
2022 $7,766 $785,700 $32,300 $753,400
2021 $6,965 $785,700 $32,300 $753,400
2020 $7,671 $785,700 $32,300 $753,400
2019 $7,985 $682,700 $32,300 $650,400
2018 $8,797 $785,300 $32,300 $753,000
2017 $2,718 $659,000 $32,300 $626,700
2016 $7,323 $268,900 $34,000 $234,900
2015 $6,711 $713,700 $69,600 $644,100
2013 $6,711 $713,700 $69,600 $644,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1088338

Northwest Multiple Listing Service (NWMLS)

APN: 002045-002-002