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Under contract
Listed by: Owl's Nest Realty
$437,500

111 S 3rd St, Independence, OR 97351

3beds
2,203sqft
: Get pre-qualified
Single Family Residence
Built in 1880
4,873 Square Feet Lot
$439,400 Zestimate®
$199/sqft
$-- HOA

What's special

Mini-splits downstairsSpacious master bedroomNew bathroom sinksUpgraded appliancesNew heat pump
Accepted Offer with Contingencies. Welcome to this historic gem in downtown Independence. Built in the 1880's by the local tack and saddle merchant it went on to be owned by a local barber and a Justice of the Peace. This 3BR/2BA + office home boasts over 2000 SF and is two blocks from Main Street where Fourth of July festivities, outdoor summer concerts, Farmers & Saturday markets, & other local celebrations take place. Walking distance to breweries, coffee shops, the library, yoga, Pilates, the Willamette River & locally owned shops. Independence is one hour from the Oregon Coast, less than two hours to the Deschutes National Forest, provides easy access to Salem, Portland, Corvallis and Eugene and yet maintains an affordable housing market.In the last five years the current owners have had a new heat pump, additional fans in the upstairs duct work, mini-splits downstairs, water heater, Trex decking, a new exterior shed on skids, fencing, new bathroom sinks, and upgraded appliances installed. New interior paint has been applied throughout, including numerous murals by a local artist. Owners are currently using spacious master bedroom as their work from home space. In 2021 a new vapor barrier and floor joists were added under the living room to bring it up to current code. Exterior paint has been mostly completed and continues to be applied.This corner lot has great curb appeal and has been landscaped by a certified master gardener. The north facing bed features native and drought resistant planting. The front raised beds are ideal for vegetable gardening and have a drip system installed via hose for easy maintenance. The front yard features Kurapia, a drought resistant, low maintenance ground cover. 111 S Third Street is not just a home; it’s a lifestyle that combines history with modern amenities and ease of living as well as an escape from urban living with access to all of the essentials of day-to-day life! It's a great value at less than $200/sf.
62 days
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106
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5
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Zillow last checked:

Listing updated:

Listed by:

REBECCA L FETTERS 971-221-3175,

Owl's Nest Realty

Source: WVMLS,MLS#: 839177MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Dining room
    • Features: Area (Combination)
    • Level: Main
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Heat Pump, Forced Air, Ductless/Mini-Split
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Electric Water Heater
    • Laundry: Upper Level
    Features
    • Office
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,203
    • Total interior livable area: 2,203 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered Patio, Deck, Covered Deck
    • Exterior features: White
    • Fencing: Fenced
    Lot
    • Size: 4,873 Square Feet
    • Features: Dimension Above, Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: 203333
    • Zoning: SR

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: 2/Upper
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Partition Plat 1996-0002
    HOA
    • Has HOA: No
    Location
    • Region: Independence

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $355,110
    • Annual tax amount: $3,239
    • Price range: $437.5K - $437.5K
    • Date on market: 3/31/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
    • Inclusions: Fire pit under pergola on back deck
    • Acres allowed for irrigation: 0
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      Estimated market value

      $439,400

      $417,000 - $461,000

      $2,334/mo

      Price history

      DateEventPrice
      4/4/2026Contingent$437,500$199/sqft
      Source: WVMLS #839177 Report a problem
      4/4/2026Pending sale$437,500$199/sqft
      Source: RMLS (OR) #292004966 Report a problem
      3/31/2026Listed for sale$437,500+33.9%$199/sqft
      Source: RMLS (OR) #292004966 Report a problem
      1/22/2021Sold$326,805-0.3%$148/sqft
      Source: Public Record Report a problem
      12/22/2020Price change$327,900+0.9%$149/sqft
      Source: HOMESTEAD REAL ESTATE #771976 Report a problem
      12/16/2020Listed for sale$324,900+11.6%$147/sqft
      Source: HOMESTEAD REAL ESTATE #771976 Report a problem
      3/26/2020Sold$291,000$132/sqft
      Source: Public Record Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2024$3,121 -2.5%$172,300 +3%
      2023$3,201 +8.9%$167,290 +3%
      2022$2,938 +1.1%$162,420 +3%
      2021$2,906 +2.7%$157,690 +3%
      2020$2,830 +2.7%$153,100 +3%
      2019$2,756 $148,650 +3%
      2018$2,756 +3.3%$144,330 +3%
      2017$2,669 +0.6%$140,130 +9.3%
      2016$2,652 +6%$128,260 +8.5%
      2015$2,501 +10.8%$118,170 +3.3%
      2014$2,257 +14.9%$114,450 +9.9%
      2013$1,965 -9%$104,110 -9.6%
      2012$2,160 -15.7%$115,190 -15.3%
      2011$2,563 +2.2%$136,050 +3%
      2010$2,509 +0.4%$132,090 +3%
      2009$2,500 +2.7%$128,250 +3%
      2008$2,434 -0.5%$124,520 +3%
      2007$2,447 +6.8%$120,900 +3%
      2006$2,291 -1%$117,380 +3%
      2005$2,313 +6.2%$113,970 +3%
      2004$2,179 +6.8%$110,660 +6.1%
      2002$2,040 +100.8%$104,320 +97.8%
      2001$1,016 +15.3%$52,740 +4.6%
      2000$881 $50,410

      Find assessor info on the county website

      Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97351

        Getting around

        79 / 100
        Very Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Independence
        • Middle: Talmadge
        • High: Central

        Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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