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507 South St

Centralia, WA 98531

3 bd 2 ba 1,478 sqft Built 1970 Lot 9,584 sqft single_family
Most recent sale
$255,000
Dec 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2024 Sold $380,000 NWMLS
Jun 26, 2024 Listed $375,000 NWMLS
Apr 23, 2024 Price changed $380,000 NWMLS
Mar 22, 2024 Listed $400,000 NWMLS
Dec 22, 2023 Sold $255,000 NWMLS
Dec 5, 2023 Price changed $299,000 NWMLS
Nov 2, 2023 Price changed $320,000 NWMLS
Oct 12, 2023 Listed $330,000 NWMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $286,100 $52,500 $338,600 $2,964
2025 $286,600 $50,000 $336,600 $3,050
2024 $212,300 $50,000 $262,300 $1,723
2023 $169,800 $50,000 $219,800 $1,810
2022 $178,300 $33,200 $211,500 $2,096
2021 $131,900 $28,000 $159,900 $1,617
2020 $112,900 $23,800 $136,700 $1,802
2019 $112,900 $23,800 $136,700 $1,605
2018 $101,300 $23,800 $125,100 $1,669
2017 $106,600 $25,000 $131,600 $1,329
2016 $103,900 $29,100 $133,000 $1,364
2015 $103,900 $29,100 $133,000 $1,723
2014 $103,900 $29,100 $133,000 $1,665
2013 $98,700 $29,100 $127,800 $1,539
2012 $98,700 $29,100 $127,800 $1,443
2011 $103,900 $32,000 $135,900 $1,451
2009 $42,200 $33,500 $75,700 $687
2008 $42,200 $33,500 $75,700 $739
2007 $77,000 $33,500 $110,500 $1,100

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,478 sqft
Lot size
9,584 sqft
ZIP code
98531
City
Centralia
Street
South St
Coordinates
46.70433, -122.96519

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
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 South St last sell?
507 South St most recently sold on Dec 22, 2023 for $255,000.
What is the current tax assessment for 507 South St?
The most recent total assessment for 507 South St (year 2026) is $338,600 with $2,964 in property tax.
How does 507 South St's assessment compare to its last sale price?
The current assessment is 32.8% above the last sale price of $255,000.
When was 507 South St built?
507 South St was built in 1970.
How does 507 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 507 South St?
507 South St is a 3 bed, 2 bath, 1,478 sqft, 9,584 sqft lot single_family.
Is 507 South St a flip candidate?
Yes — 507 South St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 South St a tax-appeal candidate?
No — 507 South 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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