NOT LISTED FOR SALE

504 E Main St Centralia, WA 98531

Estimated Value: $329,000 - $371,000

3 Beds
2 Baths
1,565 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $322,000 $206 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,146/month

15 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Partially Fenced Property
  • Corner Lot
  • Patio
  • 3-minute walk to Centralia Recreational Space

About This Home

As of September 2023

Welcome to this charming duplex for sale in Centralia! This investment opportunity awaits those seeking a property with potential. Situated on a corner lot near downtown, this duplex offers convenient access to local amenities, shops, and restaurants. Both units could benefit from updating, providing an excellent chance to personalize and enhance the interiors to your taste. The first unit features a cozy 1-bedroom and 1-bathroom layout, perfect for a starter home or a comfortable retreat for a single resident. The second unit, with 2 bedrooms and 1 bathroom, promises a spacious living space or additional rental income. It presents the ideal canvas for creating a welcoming and stylish living environment.

Last Agent to Sell the Property

Jeff Hoover

Northwest Lifestyles License #23297 Listed on: 08/09/2023

Northwest Lifestyles

Last Buyer's Agent

Ranei Lindsey

Olympic Sotheby's Int'l Realty License #27528

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2146912

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000932001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,832

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1946
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1565
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 291

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: City of Centralia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 000932001000
  • Lot Size Acres: 0.14
  • Lot Size: 60x100
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18.3
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Multi Family

  • Gross Scheduled Income: 18000
  • Net Operating Income: 15168
  • Number Of Units Total: 2
  • Leasable Area: 1565
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 50

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2832

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 22, 2023
Sold by
Summit Npc
Bought by
Luna Edmundo and Martinez Magnolia
Seller's Agent
Jeff Hoover
Northwest Lifestyles
Buyer's Agent
Ranei Lindsey
Olympic Sotheby's Int'l Realty
List Price
$330,000
Sold Price
$322,000
Premium/Discount to List
-$8,000
-2.42%
Total Days on Market
15
Views
23
Current Estimated Value
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,000
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Feb 27, 2018
Sold by
Halvorsen Peggy and Estate Of John Halvorsen
Bought by
Halvorsen Peggy

Purchase Details

Closed on
Feb 21, 2018
Sold by
Halvorsen John
Bought by
Halvorsen Peggy
Source: Public Records

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Range of Values:

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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
Luna Edmundo $322,000 None Listed On Document
Halvorsen Peggy -- None Available
Halvorsen Peggy -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halvorsen John $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $322,000 -2.4% $206 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $330,000 -- $211 / 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
2025 $2,176 $331,400 $50,000 $281,400
2024 $2,176 $331,400 $50,000 $281,400
2023 $2,832 $344,300 $50,000 $294,300
2022 $2,585 $261,000 $31,600 $229,400
2021 $1,981 $261,000 $31,600 $229,400
2020 $2,134 $222,800 $30,400 $192,400
2019 $1,824 $189,400 $25,700 $163,700
2018 $1,731 $155,400 $20,900 $134,500
2017 $1,379 $129,700 $20,900 $108,800
2016 $890 $145,400 $22,000 $123,400
2015 $866 $86,700 $32,800 $53,900
2013 $866 $80,300 $32,800 $47,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2146912

Northwest Multiple Listing Service (NWMLS)

APN: 000932-001-000