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.
Under contract
Listed by: Owl's Nest Realty
$437,500
111 S 3rd St, Independence, OR 97351
3beds
2,203sqft
Est.: 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
- 62 days |
- 106 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
REBECCA L FETTERS 971-221-3175,
Owl's Nest Realty
Source: WVMLS,MLS#: 839177
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
Video & virtual tour
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
Estimated market value
$439,400
$417,000 - $461,000
$2,334/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Contingent | $437,500$199/sqft |
Source: | ||
| 4/4/2026 | Pending sale | $437,500$199/sqft |
Source: | ||
| 3/31/2026 | Listed for sale | $437,500+33.9%$199/sqft |
Source: | ||
| 1/22/2021 | Sold | $326,805-0.3%$148/sqft |
Source: Public Record Report a problem | ||
| 12/22/2020 | Price change | $327,900+0.9%$149/sqft |
Source: HOMESTEAD REAL ESTATE #771976 Report a problem | ||
| 12/16/2020 | Listed for sale | $324,900+11.6%$147/sqft |
Source: HOMESTEAD REAL ESTATE #771976 Report a problem | ||
| 3/26/2020 | Sold | $291,000$132/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $50,410 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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
Nearby schools
GreatSchools rating
- 6/10Independence Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Talmadge Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Central High SchoolGrades: 9-12Distance: 1.1 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Polk County
- Independence
- 97351
- 111 S 3rd St







