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  • Listed by: Michael J Real Estate LLC • Michael Jerabek
    Bought with: Michael J Real Estate LLC
    $225,000

    720 W Chestnut Street, Centralia, WA 98531

    3beds
    1,056sqft
    Single Family Residence
    Built in 1950
    5,662 Square Feet Lot
    $255,000 Zestimate®
    $213/sqft
    $1,902 Estimated rent

    Home value

    $255,000

    $242,000 - $268,000

    $1,902/mo

    Zestimate® history
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    What's special

    A golden opportunity to own rent or flip this 3 bed charmer. space to add primary bath in 3rd bedroom or utility room for sure. Not financeable in current ran down state. if you buy AS IS \with a rehabilitation loan ALL YOUR LABOR AND MATERIALS can be financed above the low asking price listed above. Not a fake news loss leader, simply a solid shell that needs your creative and or stylish touch, Rare chance to go ALL IN on your skills and most loans allow 12 months to do repairs. 1 catch you do repairs and then re draw the money. Preference to cash offers. open floor plan allows addition of real fancy kitchen and Long Island, 1 bath currently needs makeover, some LVP new flooring, minor concessions of paint, flooring, and landscaping should be a cinch for even Home Depot level remodelers to get this rental grade ready. its a transformation just waiting to be won. Do you have the vision to pull this off with a streamline rehab or full blown FHA 203k budget in Lewis county allows Roughly $540,000 for materials, labor, and AS IS acquisition. Google this now, its like flipping your own home to yourself if owner occupied intentions for the same 12 month minimum occupancy. you're probably going to rip off the roof anyway, doubling the square footage should be very profitable and enjoyable. dont miss the long fenced backyard, bunny house, and extra storage shacks. Enclosed porch would make an awesome backyard kitchen, spend all the rehab money in style to enjoy for decades.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Jerabek,

    Michael J Real Estate LLC

    Bought with:

    Michael Jerabek, 13011

    Michael J Real Estate LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2571194MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Wall Furnace, Electric
    Cooling
    • None
    Appliances
    • Included: Water Heater: electric, Water Heater Location: laundry room
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl, Carpet
    • Windows: Dbl Pane/Storm Window
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft

    Property

    Parking
    • Parking features: None, RV Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Ceiling Fan(s), Dbl Pane/Storm Window, Water Heater
    Lot
    • Size: 5,662 Square Feet
    • Features: Paved, Value In Land, Cable TV, Fenced-Partially, Outbuildings, RV Parking
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 002085002000
    • Zoning: R8
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,1 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1950
    • Major remodel year: 1978

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Centralia
    Location
    • Region: Centralia

    Financial & listing details

    • Price per square foot: $213/sqft
    • Tax assessed value: $253,900
    • Annual tax amount: $2,276
    • Date on market: 8/19/2026
    • Listing terms: Conventional,FHA,Rehab Loan,See Remarks,VA Loan

    Price history

    DateEventPrice
    9/4/2026Sold$225,000-10%$213/sqft
    Source: NWMLS as distributed by MLS GRID #2571194 Report a problem
    8/19/2026Pending sale$249,999$237/sqft
    Source: NWMLS as distributed by MLS GRID #2571194 Report a problem
    8/19/2026Listed for sale$249,999+27.9%$237/sqft
    Source: NWMLS as distributed by MLS GRID #2571194 Report a problem
    6/22/2026Sold$195,400-19.9%$185/sqft
    Source: Public Record Report a problem
    2/23/2023Sold$244,000$231/sqft
    Source: NWMLS as distributed by MLS GRID #2001886 Report a problem
    1/15/2023Pending sale$244,000$231/sqft
    Source: NWMLS as distributed by MLS GRID #2001886 Report a problem
    12/15/2022Price change$244,000-2%$231/sqft
    Source: NWMLS as distributed by MLS GRID #2001886 Report a problem
    9/30/2022Listed for sale$249,000+60.6%$236/sqft
    Source: NWMLS as distributed by MLS GRID #2001886 Report a problem
    10/31/2018Sold$155,000+46.2%$147/sqft
    Source: Public Record Report a problem
    9/30/2008Sold$106,000-15.2%$100/sqft
    Source: Public Record Report a problem
    8/3/2005Sold$125,000$118/sqft
    Source: NWMLS as distributed by MLS GRID #25064084 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,217 -2.3%$253,900 +1.2%
    2024$2,268 +38.2%$251,000
    2023$1,642 -7.6%$251,000 +39.5%
    2021$1,776 +27.8%$179,900 +14.6%
    2020$1,390 -10.3%$157,000 +13.7%
    2019$1,550 +6.1%$138,100 +16.8%
    2018$1,460 $118,200 +8%
    2017$1,460 +25.4%$109,400 -5%
    2016$1,164 +11.4%$115,200 +13.1%
    2015$1,046 +7.7%$101,900
    2013$971 $101,900 +3.3%
    2011-- $98,600 -6.5%
    2010-- $105,500
    Find assessor info on the county website

    Neighborhood: 98531

    Nearby schools

    GreatSchools rating
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