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ActivePrice cut: $5K (10/15)
$534,800
5beds
3,928sqft

1016 N Pearl Street, Centralia, WA 98531

5beds
3,928sqft
Single Family Residence
Built in 1900
6,534 Square Feet Lot
$533,600 Zestimate®
$136/sqft

What's special

Redesigned kitchenConvenient laundry accessStunning hardwood floorsExpansive walk-in closetsElegant marble tileLarge walk-in pantryCustom cabinetry

Attention Investors! Don't miss your opportunity to own this turn-key cash cow. City of Centralia allows up to 6 Bds to be rented individually and this 5BD-3BTH home has potential to be easily converted to 6 bds for maximum cash flow. This 3928 sq ft Victorian Era home features 10ft ceilings, dome ceilings, stunning hardwood floors & elegant marble tile and new electrical, plumbing, windows, & insulation. Stay comfortable year-round with 2 heat pumps w/separate thermostats on each floor to ensure energy savings. The heart of the home is a redesigned kitchen boasting granite countertops, custom cabinetry, large walk-in pantry & sleek, black stainless appliances. Designed for every phase of life, the main floor features 2 spacious bedrooms, bath w/walk-in shower & convenient laundry access. The second level includes 2 massive primary suites, each featuring original dome ceilings and expansive walk-in closets. Explore the tower bedroom with separate private entrance. 24x24 2 car garage is sized large enough to hold your full-size pickup truck. Additional off-street parking for 3 vehicles beside the garage. Near historic downtown amenities, Amtrack, college, hospital & parks. Easy I-5 access & 90 min from Seattle & Portland. Floorplans available. Check out Video & 3D tour. Seller Offering up to $10,000 Buyer Credit for Rate Buy-Down or Closing costs!

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Source: NWMLS as distributed by MLS GRID,MLS#: 2519440MLS Logo
Travel times

Family Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Melissa R. Wallace 360-880-0626 mwallace@windermere.com,

Windermere Centralia

Source: NWMLS as distributed by MLS GRID,MLS#: 2519440MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2
Primary bedroom
  • Level: Second
Bedroom
  • Level: Main
Bedroom
  • Level: Main
Bedroom
  • Level: Second
Bedroom
  • Level: Third
Bathroom three quarter
  • Level: Main
Bathroom full
  • Level: Second
Bathroom full
  • Level: Second
Bonus room
  • Level: Second
Den office
  • Level: Second
Dining room
  • Level: Main
Entry hall
  • Level: Main
Kitchen with eating space
  • Level: Main
Living room
  • Level: Main
Utility room
  • Level: Main
Heating
  • Forced Air, Heat Pump, High Efficiency (Unspecified), Electric
Cooling
  • Forced Air, Heat Pump, High Efficiency (Unspecified)
Appliances
  • Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Closet in Main floor Bd
Features
  • Bath Off Primary, Ceiling Fan(s), Dining Room, Pantry
  • Flooring: Engineered Hardwood, Marble, Carpet
  • Doors: French Doors
  • Windows: Dbl Pane/Storm Window
  • Basement: Unfinished
  • Has fireplace: No
Interior area
  • Total structure area: 3,928
  • Total interior livable area: 3,928 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 5
  • Parking features: Detached Garage, Off Street
  • Has garage: Yes
  • Covered spaces: 2
  • Uncovered spaces: 3
Features
  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, French Doors, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Has view: Yes
  • View description: Territorial
Lot
  • Size: 6,534 Square Feet
  • Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Shop
  • Topography: Level
  • Residential vegetation: Garden Space
Details
  • Parcel number: 001536001000
  • Zoning description: Jurisdiction: City
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Victorian,2 Stories w/Bsmnt
  • Property subtype: Single Family Residence
Materials
  • Cement Planked, Cement Plank
  • Foundation: Concrete Ribbon
  • Roof: Composition
Condition
  • Very Good
  • Year built: 1900
  • Major remodel year: 2020

Utilities & green energy

  • Electric: Company: City of Centralia
  • Sewer: Sewer Connected, Company: City of Centralia
  • Water: Public, Company: City of Centralia
  • Utilities for property: Comcast, Comcast

Community & HOA

Community
  • Subdivision: Edison
Location
  • Region: Centralia

Financial & listing details

  • Price per square foot: $136/sqft
  • Tax assessed value: $586,100
  • Annual tax amount: $3,995
  • Date on market: 5/8/2026
  • Listing terms: Conventional,FHA,State Bond,VA Loan
  • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

Price history

DateEventPrice
10/15/2026Price change$534,800-0.9%$136/sqft
Source: NWMLS as distributed by MLS GRID #2519440 Report a problem
9/20/2026Price change$539,800+0.9%$137/sqft
Source: NWMLS as distributed by MLS GRID #2519440 Report a problem
9/1/2026Price change$535,000-1.8%$136/sqft
Source: NWMLS as distributed by MLS GRID #2519440 Report a problem
6/28/2026Price change$545,000-0.5%$139/sqft
Source: NWMLS as distributed by MLS GRID #2519440 Report a problem
5/8/2026Listed for sale$548,000+896.4%$140/sqft
Source: NWMLS as distributed by MLS GRID #2519440 Report a problem
2/28/2018Sold$55,000-26.6%$14/sqft
Source: NWMLS as distributed by MLS GRID #1001355 Report a problem
1/23/2018Pending sale$74,900$19/sqft
Source: Windermere/Centralia #1001355 Report a problem
12/21/2017Listed for sale$74,900+286.4%$19/sqft
Source: Windermere/Centralia #1001355 Report a problem
11/16/2017Sold$19,382-75.7%$5/sqft
Source: Public Record Report a problem
10/10/2017Listed for sale$79,900$20/sqft
Source: Windermere/Centralia #1001355 Report a problem
10/7/2017Pending sale$79,900$20/sqft
Source: Windermere/Centralia #1001355 Report a problem
10/4/2017Price change$79,900-5.9%$20/sqft
Source: Windermere/Centralia #1001355 Report a problem
7/29/2017Price change$84,900-5.6%$22/sqft
Source: Windermere/Centralia #1001355 Report a problem
6/8/2017Price change$89,900-5.3%$23/sqft
Source: Windermere/Centralia #1001355 Report a problem
3/30/2017Price change$94,900-4.1%$24/sqft
Source: Windermere/Centralia #1001355 Report a problem
12/2/2016Price change$99,000-17.5%$25/sqft
Source: Windermere/Centralia #1001355 Report a problem
7/26/2016Listed for sale$120,000$31/sqft
Source: Windermere/Centralia #1001355 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$5,117 -28.3%$586,100 -25.8%
2024$7,141 +38.2%$790,100
2023$5,168 +29.4%$790,100 +95.3%
2021$3,995 +79.1%$404,600 +60.6%
2020$2,230 +181.9%$251,900 +257.3%
2019$791 -28.7%$70,500
2018$1,109 $70,500 +21.6%
2017$1,109 +89.2%$58,000
2016$586 -17.8%$58,000 -16.5%
2015$713 -9.5%$69,500
2013$788 $69,500 -13.1%
2011-- $80,000
Find assessor info on the county website

Monthly payment

Est. payment
$3,173/mo
Principal & interest
$2888
Property taxes
$285
More affordability toolsChevron Right

Estimated market value

$533,600

$507,000 - $560,000

$3,245/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 98531

Nearby schools

Edison Elementary School
Grades K-6 • 0.5 miles
5/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
6/10
Centralia Middle School
Grades 7-8 • 1.4 miles
4/10
GreatSchools® Rating
Test Score Rating
3/10
Student Progress Rating
5/10
Centralia High School
Grades 9-12 • 2.4 miles
4/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
4/10

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