$299,500

Estimated payment $1,695/month

Total Views 8,333
2 Beds
1 Bath
560 Sq Ft
$535 Price per Sq Ft

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

Liz Boisvert

eXp Realty, LLC Brokerage Phone: 541-243-2547 License #201215244 Listed on: 10/15/2025

eXp Realty, LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 299500.0
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: CeilingFan, CorkFloor, Quartz
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: CoveredDeck, Outbuilding, Porch, RaisedBeds, RVParking, RVBoatStorage, StormDoor, ToolShed, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: FiberOptics
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: ForcedAir, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Independence
  • High School: Central
  • Middle Or Junior School: Talmadge

Lot Info

  • Zoning: RS
  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 203883

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 1351.04

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $91,665 Ticor Title
Warranty Deed $50,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $73,332 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 212033721

Regional Multiple Listing Service (RMLS)

APN: 203883