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307 Iron St

Centralia, WA 98531

5 bd 4 ba 2,624 sqft Built 1920 Lot 7,841 sqft multi_family
Most recent sale
$550,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $550,000 MLS #1896607
Mar 13, 2022 Price changed $594,000 MLS #1896607
Mar 5, 2022 Listed $639,000 MLS #1896607
Oct 4, 2018 Sold $160,000 MLS #1320125
Jun 28, 2018 Listed $169,000 MLS #1320125

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $415,700 $78,700 $494,400 $4,324
2025 $417,700 $75,000 $492,700 $4,460
2023 $339,600 $75,000 $414,600 $3,408
2022 $284,300 $45,300 $329,600 $3,262
2021 $157,800 $38,100 $195,900 $2,528
2020 $157,800 $38,100 $195,900 $2,207
2019 $116,700 $32,300 $149,000 $1,749
2018 $116,700 $32,300 $149,000 $1,860
2017 $107,000 $32,300 $139,300 $1,482
2016 $112,600 $34,000 $146,600 $1,935
2015 $142,600 $46,000 $188,600 $2,145
2014 $142,600 $46,000 $188,600 $2,077
2013 $143,900 $46,000 $189,900 $1,915
2012 $136,700 $46,000 $182,700 $1,800
2011 $136,800 $46,000 $182,800 $1,849
2010 $144,000 $50,500 $194,500 $1,791
2009 $144,000 $50,500 $194,500 $1,613
2008 $144,000 $50,500 $194,500 $1,700
2007 $144,000 $50,500 $194,500 $1,709

Property facts

Year built
1920
Property type
multi_family
Stories
Beds
5
Baths
4
Living area
2,624 sqft
Lot size
7,841 sqft
ZIP code
98531
City
Centralia
Street
Iron St
Coordinates
46.71910, -122.95705

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,035
Gross rental yield
13.17%
Implied cap rate
8.56%
Trend-extrapolated value

Frequently asked questions

When did 307 Iron St last sell?
307 Iron St most recently sold on May 18, 2022 for $550,000.
What is the current tax assessment for 307 Iron St?
The most recent total assessment for 307 Iron St (year 2026) is $494,400 with $4,324 in property tax.
How does 307 Iron St's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $550,000.
When was 307 Iron St built?
307 Iron St was built in 1920.
How does 307 Iron St compare to others on Iron St?
We track 8 other properties on Iron St. Browse the list under "Other properties on Iron St" to compare beds, baths, and sale history.
What are the property facts for 307 Iron St?
307 Iron St is a 5 bed, 4 bath, 2,624 sqft, 7,841 sqft lot multi_family.
Is 307 Iron St a flip candidate?
No — 307 Iron St does not appear in our flips dataset.
Is 307 Iron St a tax-appeal candidate?
No — 307 Iron St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.5%
2026 Q3
$361.2K
2026 Q4
$360.8K
ZIP 98531 — Median Price History + Forecast

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