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$225,000   Price Analysis
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745 S 3rd St
Independence, OR 97351
3 bed 1 bath 1,670 SqFt ($134/SqFt)
0.42 acre lot. Built 1953
Listed 2024-07-12, Taxes $1,936
USDA Eligible
near Independence, OR
 

Investment Opportunity!

City met to re-zone property to high density residentil for approximately 8 condo/duplex units on two tax lots. There is currently a small house on the property. The inside is completely gutted and ready for new investor to finish remodeling.

Semi-open concept layout. Currently set up for 3 bedrooms and one bathroom. Garage was converted to a bedroom but could be converted back to a garage. Buyer to do own due diligence.


Presented by Jaimie Sanchez at
Realty One Group Willamette Valley.


Property MLS #24182260 from RMLS

Bedrooms: 3
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Bathrooms: 1.0
Full Bathrooms: 1
Bathrooms On Main Level: 1.0
Full Bathrooms On Main Level: 1

Heating Features: Zoned
Heating Fuel: Electricity
Heating: Yes
Number of Fireplaces: 1
Water Heaters: Electricity

Dining Room Level: Main
Kitchen Level: Main

Window Features: WoodFrames

Living Room Level: Main

Lot Description: Level
Lot Size Acres: 0.42
Lot Size Square Feet: 18295

Road Surface Type: Paved

Parking Features: Driveway, RVAccessParking

View: Territorial

Elementary School: Independence
High School: Central
Middle School: Talmadge

Independence Elementary School is a public elementary school located approximately 0.4 miles away.
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Central High School is a public high school located approximately 1.2 miles away.
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Talmadge Middle School is a public middle school located approximately 1.3 miles away.
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Mid-Valley Christian Academy is a private elementary, middle and high school located approximately 1.6 miles away.
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Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt15000to19999
Annual Tax Amount: 2109.449999999
Source Listing Status: Active
County: Polk
Directions: Monmouth St or G St to 3rd St
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Hills Add
Parcel Number: 206462
Subdivision: Hills Add
Zoning: RM
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$71,160 + $35,880
$107,040
$1,936
2021$69,100 + $34,830
$103,930
$1,915
2020$67,090 + $33,820
$100,910
$1,865
2019$65,150 + $32,830
$97,980
$1,816
2018$63,260 + $31,870
$95,130
$1,759
2017$61,420 + $30,940
$92,360
$1,749
2016$59,630 + $30,040
$89,670
$1,781
2015$57,900 + $29,160
$87,060
$1,703
2014$56,220 + $28,310
$84,530
$1,665
2013$54,580 + $27,490
$82,070
$1,558
2012$52,990 + $26,690
$79,680
$1,526
2011$51,440 + $25,920
$77,360
$1,477
2010$49,940 + $25,170
$75,110
$1,426
2009$48,490 + $24,440
$72,930
$1,421
2008$47,090 + $23,720
$70,810
$1,384
2007$45,720 + $23,030
$68,750
$1,391

Price Changed 2024-07-29
$225,000
RMLS
Price Changed 2024-07-29
$225,000
Willamette
Listed 2024-07-12
$249,900
RMLS
Listed 2024-07-10
$249,900
Willamette
Listing removed 2024-03-28
$290,000
RMLS
Listing removed 2023-12-02
$0
Willamette
Listed 2023-06-01
$290,000
Willamette

Year Built: 1953
Building Area Total: 1670
Building Exterior Type: T111Siding
Foundation Details: ConcretePerimeter
Property Age: 71
Property Condition: Fixer
Roof: Composition
Levels or Stories: 1
House Style: Stories1
Total Area Main: 1670
Architectural Style: Stories1

Accessibility Features: MinimalSteps, OneLevel, UtilityRoomOnMain
Disabled Access: Yes

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.