NOT LISTED FOR SALE

1484 Falcon Loop Independence, OR 97351

Independence Area

Estimated Value: $614,291

8 Beds
6 Baths
2,453 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2021

Last sale price $495,000 $202 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,929 / mo

3 Days on Market

Highlights

  • Fireplace
  • Parking Storage or Cabinetry
  • Garage

About This Home

As of December 2021

Well managed duplex with great location near Western Oregon University. 4 bedroom and 2 1/2 baths per unit. Do not disturb tenants. Interior inspection available after written offer. Rents are below market. Current CAP rate of 4.3. Increasing rents to current market would create an estimated CAP rate of 5.3.

Last Agent to Sell the Property

Gary Eckdahl

Bella Casa Real Estate Group License #200805049 Listed on: 11/17/2021

Last Buyer's Agent

Yascha Noonberg

Living Room Realty License #201202058

Living Room Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 6,795

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

6,795 Sq Ft Lot

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2453
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ASH CREEK LOT 20
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Lot Info

  • Zoning: RH

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4837.68
  • Assessor Parcel Number: 565332
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.90

MLS Schools

  • Middle School: Talmadge

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 28, 2021
Sold by
Mullian Henry L and Mullian Sonja L
Bought by
Seller's Agent
Gary Eckdahl
Bella Casa Real Estate Group
Buyer's Agent
Yascha Noonberg
Living Room Realty
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$614,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,291
Avg. Annual Appreciation
4.67%
Original Mortgage
$370,250
Outstanding Balance
$333,446
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$280,845

Purchase Details

Closed on
May 12, 2013
Sold by
Agile Investment Properties Llc
Bought by
Mullian Henry L and Mullian Sonja L

Purchase Details

Closed on
Jun 6, 2007
Sold by
Mullian Henry L and Mullian Sonja L
Bought by
Agile Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2007
Sold by
Ropiequet Richard L and Ropiequet Mary
Bought by
Mullian Henry L and Mullian Sonja L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2004
Sold by
Ashcreek Subdivision Llc
Bought by
Ropiequet Richard L and Ropiequet Mary
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Independence, OR

  • Tammie Crane Real Estate Agent - Homes by Crane

    Tammie Crane

    Responds Quickly

    Homes by Crane

    (971) 803-5591

    87 Total Sales

    2 in Independence

    $390,000 Price Range

    Tammie Crane
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  • Nicole Shuba Real Estate Agent - MANOR REALTY

    Nicole Shuba

    MANOR REALTY

    (503) 305-4469

    174 Total Sales

    2 in Independence

    $431K - $525K Price Range

    Nicole Shuba
     Section Image
  • Laura Gillott Real Estate Agent - KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

    Laura Gillott

    KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

    (541) 918-3895

    1,632 Total Sales

    12 in Independence

    $41K - $425K Price Range

    Laura Gillott
     Section Image
  • Christie Pendley Real Estate Agent - RE/MAX INTEGRITY ALBANY BRANCH

    Christie Pendley

    RE/MAX INTEGRITY ALBANY BRANCH

    (541) 243-7088

    120 Total Sales

    1 in Independence

    $450,000 Price

    Christie Pendley
     Section Image
  • Hong Wolfe Real Estate Agent - WINDERMERE WILLAMETTE VALLEY

    Hong Wolfe

    Responds Quickly

    WINDERMERE WILLAMETTE VALLEY

    (541) 230-3423

    193 Total Sales

    1 in Independence

    $477,485 Price

    Hong Wolfe
     Section Image
  • Sandra Paoli Real Estate Agent - WINDERMERE PACIFIC WEST PROP

    Sandra Paoli

    WINDERMERE PACIFIC WEST PROP

    (503) 945-2769

    75 Total Sales

    20 in Independence

    $290K - $600K Price Range

    Sandra Paoli
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 First American Title
Mullian Henry L -- None Available
Agile Investment Properties Llc -- None Available
Mullian Henry L $289,000 First American Title
Ropiequet Richard L $225,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $370,250
Previous Owner Mullian Henry L $231,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $495,000 -0.8% $202 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $499,000 -- $203 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,536 $312,460 $58,440 $254,020
2025 $5,335 $303,360 $56,740 $246,620
2024 $5,335 $294,530 $55,090 $239,440
2023 $5,471 $285,960 $53,480 $232,480
2022 $5,023 $277,640 $51,930 $225,710
2021 $4,967 $269,560 $50,420 $219,140
2020 $4,838 $261,710 $48,950 $212,760
2019 $4,712 $254,090 $47,530 $206,560
2018 $4,562 $246,690 $46,150 $200,540
2017 $4,536 $239,510 $44,800 $194,710
2016 $4,597 $232,540 $43,490 $189,050
2015 -- $220,590 $41,000 $179,590
Source: Public Records

Agents Affiliated with this Home

  • Gary Eckdahl Real Estate Agent - Bella Casa Real Estate Group

    Seller's Agent in 2021

    Gary Eckdahl

    Bella Casa Real Estate Group

    (503) 883-3938

    88 Total Sales

    Gary Eckdahl
    Section Image
  • Yascha Noonberg Real Estate Agent - Living Room Realty

    Buyer's Agent in 2021

    Yascha Noonberg

    Living Room Realty

    (503) 810-6312

    229 Total Sales

    Yascha Noonberg
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21425077

Regional Multiple Listing Service (RMLS)

APN: 565332

Oregon Polk County Independence 97351

1484 Falcon Loop, Independence, OR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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