488 B St Independence, OR 97351
Estimated payment $1,695/month
Highlights
- RV Access or Parking
- Quartz Countertops
- No HOA
- Corner Lot
- Private Yard
- Porch
About This Home
Cozy 2-bed, 1-bath home in the heart of Independence! This single-level residence offers 560 sq ft of efficient living on a nearly 5,000 sq ft lot, making it an excellent option for first-time buyers, investors, or those looking to downsize without sacrificing outdoor space. Inside, the space has everything you need for a simple and functional lifestyle—with a practical floorplan, open kitchen, and flexible living area that can adapt to your needs. The spacious yard provides room for gardening, entertaining, or future personalization—whether it’s converting the tool shed into an outdoor kitchen or covered patio, developing the raised beds, or simply enjoying the green space. Located just blocks from Downtown Independence, this home puts you close to the Farmers Market, summer Concerts in the Park, and a variety of cafes, wine bars, and restaurants. The Willamette River and Riverview Park offer scenic views and easy access to community paths and green spaces. With low-maintenance layout, prime location, and versatile lot, this property also presents an excellent opp for Airbnb or short-term rental potential (buyer to verify local regulations). Whether you’re looking to settle in, simplify, or invest in a growing community, 488 B Street is worth a look.
Listing Agent
eXp Realty, LLC Brokerage Phone: 541-243-2547 License #201215244 Listed on: 10/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,351
Year Built
- Built in 1960
Lot Details
- 4,791 Sq Ft Lot
- Corner Lot
- Landscaped with Trees
- Private Yard
- Raised Garden Beds
- Property is zoned RS
Home Design
- Shingle Roof
- Composition Roof
- Lap Siding
- Concrete Perimeter Foundation
Interior Spaces
- 560 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Family Room
- Living Room
- Dining Room
- Cork Flooring
- Crawl Space
- Storm Doors
Kitchen
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- On-Street Parking
- RV Access or Parking
Outdoor Features
- Covered Deck
- Shed
- Outbuilding
- Porch
Schools
- Independence Elementary School
- Talmadge Middle School
- Central High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating System
- Mini Split Heat Pump
- Electric Water Heater
- Fiber Optics Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 203883
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $1,351 | $76,820 | $33,130 | $43,690 |
| 2024 | $1,351 | $74,590 | $32,170 | $42,420 |
| 2023 | $1,386 | $72,420 | $31,240 | $41,180 |
| 2022 | $1,272 | $70,320 | $30,340 | $39,980 |
| 2021 | $1,258 | $68,280 | $29,460 | $38,820 |
| 2020 | $1,226 | $66,300 | $28,610 | $37,690 |
| 2019 | $1,194 | $64,370 | $27,780 | $36,590 |
| 2018 | $1,156 | $62,500 | $26,970 | $35,530 |
| 2017 | $1,149 | $60,680 | $26,190 | $34,490 |
| 2016 | $1,171 | $58,920 | $25,430 | $33,490 |
| 2015 | $1,108 | $57,210 | $24,690 | $32,520 |
| 2014 | $1,093 | $55,550 | $23,970 | $31,580 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2025 11/15/25 | Price Changed | $299,500 | -0.1% | $535 / Sq Ft | |
| 10/15/2025 10/15/25 | Price Changed | $299,900 | 0.0% | $536 / Sq Ft | |
| 09/11/2025 09/11/25 | For Sale | $300,000 | +227.3% | $536 / Sq Ft | |
| 03/02/2016 03/02/16 | Sold | $91,665 | -3.0% | $164 / Sq Ft | View Prior Sale |
| 01/20/2016 01/20/16 | Pending | -- | -- | -- | |
| 01/10/2016 01/10/16 | For Sale | $94,500 | +89.0% | $169 / Sq Ft | |
| 06/01/2013 06/01/13 | Sold | $50,000 | -23.1% | $89 / Sq Ft | View Prior Sale |
| 06/01/2013 06/01/13 | Pending | -- | -- | -- | |
| 09/14/2012 09/14/12 | For Sale | $65,000 | -- | $116 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $91,665 | Ticor Title | |
| Warranty Deed | $50,000 | Amerititle |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $73,332 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 212033721
APN: 203883
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