Pending330d on market
502 E Plum Street
Centralia, WA, 98531 • 98531 • Lewis County
$1,500,000
-$750,000 since Jul 21, 2025
6.2 acLot
Property DNA
Territorial Views
Territorial
Res-Over 1 Acre Style
Res-Over 1 Acre architecture
Seminary Hill
98531
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
330 days on market
Established listing
About this home
Lot
Rare opportunity with 6.21 acres of incredible potential to build 56-79 single, duplex, or triplex homes at the Base of Seminary Hill! Zoning allows mixed use, with flexibility to customize the neighborhood! Plan a full subdivision or phased build-out. These 3 parcels offer multiple building options for diverse market demand and maximum land usage! These parcels are tucked away adjacent to a public school, at the end of the street, with all city amenities. Each lot can accommodate private garages, sidewalks, separate yards, green belt shared space for walking to the Seminary Nature Trails, or connecting to the school. Downtown is just a few blocks away, in the Heart of Centralia. I-5 within 4-6 minutes. Centrally located between Seattle and Portland. One of the last large tracts of land in town, 3 parcels! A new roof was installed on the building in 2025!
Standout features identified
Our analysis highlights connecting to the school, private garages, and green belt shared space as key attractions of this home.
Estimated monthly payment
Based on current rates
$9,340/month
Principal & Interest$7,340
Property Tax$1,500
Insurance$500
Down payment20% ($300,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,200,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleRes-Over 1 Acre
Systems
Water / SewerAvailable, In Street, On Property / On Property
Parking & Outdoor
Lot6.21 Acres
Location & Tax
Neighborhood98531
Parcel750010162055
Features & details
5 categories of property features
Exterior Features
Lot Features
Adjacent to Public Land
Corner Lot
Dead End Street
Paved
Sidewalk
Community
Playground
Views
Territorial
Utilities
Electricity Connected
Natural Gas Available
Gas
In Street
Listing insights
Market data and value estimates
StatusPending
Days on market330
Est. rent$1,791/mo
Tax rate0.64%
On marketJul 21, 2025
PostedMay 12, 2025
MLS statusPending
MLS updatedApr 4, 2026
Tour days6
Views5
How are the schools in Centralia?
3 schools rated nearby
Location
Centralia, WA, 98531
Price history
3 events
DateEventPrice$/sqftSource
Jan 24, 2026Pending Sale$1,500,000—NWMLS as distributed by MLS GRID
Jul 21, 2025Price Change$1,500,000—NWMLS as distributed by MLS GRID
May 12, 2025Listed For Sale$2,250,000—NWMLS as distributed by MLS GRID
Pending Sale$1,500,000
Jan 24, 2026•NWMLS as distributed by MLS GRID
Price Change$1,500,000
Jul 21, 2025•NWMLS as distributed by MLS GRID
Listed For Sale$2,250,000
May 12, 2025•NWMLS as distributed by MLS GRID
Tax history
12 years of records
YearTax paidAssessed value
Apr 7, 2025—$124,400
Apr 7, 2024—$110,500
Apr 7, 2023—$99,200
Apr 7, 2021—$149,500
Apr 7, 2020—$119,600
Apr 7, 2019—$95,300
Apr 7, 2018—$33,900
Apr 7, 2016—$71,700
Apr 7, 2015—$38,400
Apr 7, 2013—$38,400
Apr 7, 2011—$38,400
Apr 7, 2010—$40,400
Nearby homes
Neighborhood details
Local context around this listing
Centralia, WA • Lewis County
Nearby cities
CentraliaChehalisLaceyOlympiaRainierRochesterTeninoTumwater
Nearby zip codes
985319853298544
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 13:53:47 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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