Accepted Offer with Contingencies. Priced under existing appraisal! A rare opportunity on over 0.5 acre with seasonal creek. 900+ sq ft home, multiple outbuildings & vintage logging cook shack with original wood floors—ideal for office, studio or possible ADU. Potential lot subdivision per city (buyer to verify). Rehab loan option with as little as 3.5% down may offer opportunity for added equity. Great for investment, expansion, homestead or peaceful setting near town, waterfalls, biking & hiking.
Under contract
Listed by: Homesmart Realty Group - Dallas
Price cut: $16K (4/2)
$199,000
554 Mitchell St, Falls City, OR 97344
3beds
992sqft
Est.:
Single Family Residence
Built in 1941
0.53 Acres Lot
$-- Zestimate®
$201/sqft
$-- HOA
What's special
Multiple outbuildings
- 329 days |
- 611 |
- 43 |
Zillow last checked:
Listing updated:
Listed by:
SARAH OWRE Cell:503-428-1324,
Homesmart Realty Group - Dallas
Source: WVMLS,MLS#: 830636
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Wood, Stove
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Mudroom, Other(Refer to Remarks)
- Flooring: See Remarks
- Has fireplace: Yes
- Fireplace features: Stove, Wood Burning
Interior area
- Total structure area: 992
- Total interior livable area: 992 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Green
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 0.53 Acres
- Features: Irregular Lot
Details
- Additional structures: See Remarks, Shed(s), RV/Boat Storage
- Parcel number: 295064
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Lap Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Falls City
Financial & listing details
- Price per square foot: $201/sqft
- Tax assessed value: $274,860
- Annual tax amount: $1,202
- Price range: $199K - $199K
- Date on market: 6/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Rehab Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,849/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Contingent | $199,000$201/sqft |
Source:  WVMLS #830636 Report a problem | ||
| 4/2/2026 | Price change | $199,000-7.4%$201/sqft |
Source: WVMLS #830636 Report a problem | ||
| 3/10/2026 | Price change | $215,000-4.4%$217/sqft |
Source: WVMLS #830636 Report a problem | ||
| 12/13/2025 | Price change | $225,000-10%$227/sqft |
Source: WVMLS #830636 Report a problem | ||
| 6/25/2025 | Listed for sale | $250,000$252/sqft |
Source: WVMLS #830636 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,202 +2.8% | $87,650 +3% |
| 2023 | $1,169 +3.2% | $85,100 +3% |
| 2022 | $1,133 +2.8% | $82,630 +3% |
| 2021 | $1,102 +2.9% | $80,230 +3% |
| 2020 | $1,071 +2.7% | $77,900 +3% |
| 2019 | $1,043 | $75,640 +3% |
| 2018 | $1,043 +3.4% | $73,440 +3% |
| 2017 | $1,008 +10.4% | $71,310 +3% |
| 2016 | $913 -0.7% | $69,240 +3% |
| 2015 | $919 +2.7% | $67,230 +3% |
| 2014 | $895 +11.8% | $65,280 +3% |
| 2013 | $800 -0.5% | $63,380 +3% |
| 2012 | $804 +10.4% | $61,540 +3% |
| 2011 | $728 +3.8% | $59,750 +3% |
| 2010 | $701 +2% | $58,010 +3% |
| 2009 | $688 +4.3% | $56,330 +3% |
| 2008 | $659 +1.9% | $54,690 +3% |
| 2007 | $647 +16.5% | $53,100 +3% |
| 2006 | $555 +3.7% | $51,560 +3% |
| 2005 | $536 -2.1% | $50,060 +3% |
| 2004 | $547 +6.9% | $48,610 +6.1% |
| 2002 | $512 +0.6% | $45,830 +3% |
| 2001 | $509 +4.3% | $44,500 +3% |
| 2000 | $488 | $43,210 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 97344
Nearby schools
GreatSchools rating
- 6/10Falls City Elementary SchoolGrades: K-8Distance: 0.2 mi
- 4/10Falls City High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Falls City
- Middle: Falls City
- High: Falls City
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.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Polk County
- Falls City
- 97344
- 554 Mitchell St
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