$445,000

510 S Main St Independence, OR 97351

Estimated payment $2,739/month

Total Views 1,341
2 Beds
2 Baths
1,603 Sq Ft
$278 Price per Sq Ft

Highlights

  • Hot Property
  • Living Room with Fireplace
  • Fenced Yard
  • RV Access or Parking
  • Wood Flooring
  • 4-minute walk to Riverview Park

About This Home

Historic Gem! Location, location, location. So many possibilities as this house is located in the most flexible zone in the city - both commercial and residential! This 1920s single-story home is in the heart of the growing city of Independence, OR. A few steps from the start of the River trail. Very close to the movie theater, farmer’s market, Territory Hotel, dog park, Riverview park & playground, bicycle trail, art galleries, museum, and library. The updated kitchen is a cook’s dream. It features a new gas range, white quartz countertops, two eating bars, tons of cabinet space, and easy access to the patio via French doors. With the open floor plan, you can enjoy your guests both indoors and out.Spacious primary bedroom with three closets, en suite bath with shower. This area is set up as “Lock & Leave” if the buyer wants to continue the successful Airbnb business. 2nd bedroom/Office/Guest Room just off the large living room. Ductless mini split heating and cooling have been added for comfort. Natural light & vaulted ceilings. Large double driveway, garage with electric opener, sink in garage. Plenty of room for RV or boat parking. Backyard with easy alley access includes space for an ADU.Commute to Salem (12 miles), Corvallis (22 miles), McMinnville (27 miles)Potential business opportunity as a guest rental. Included furnishings are negotiable with the current owner.

Listing Agent

JEANNIE SCOTT

EXP REALTY, LLC License #201214781

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS and Mixed Use

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,603 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Hills Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,122

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Historic Gem! Location, location, location. So many possibilities as this house is located in the most flexible zone in the city - both commercial and residential! This 1920s single-story home is in the heart of the growing city of Independence, OR. A few steps from the start of the River trail. Very close to the movie theater, farmer’s market, Territory Hotel, dog park, Riverview park & playground, bicycle trail, art galleries, museum, and library. The updated kitchen is a cook’s dream. It features a new gas range, white quartz countertops, two eating bars, tons of cabinet space, and easy access to the patio via French doors. With the open floor plan, you can enjoy your guests both indoors and out.Spacious primary bedroom with three closets, en suite bath with shower. This area is set up as “Lock & Leave” if the buyer wants to continue the successful Airbnb business. 2nd bedroom/Office/Guest Room just off the large living room. Ductless mini split heating and cooling have been added for comfort. Natural light & vaulted ceilings. Large double driveway, garage with electric opener, sink in garage. Plenty of room for RV or boat parking. Backyard with easy alley access includes space for an ADU.Commute to Salem (12 miles), Corvallis (22 miles), McMinnville (27 miles)Potential business opportunity as a guest rental. Included furnishings are negotiable with the current owner.
  • Year Built: 1920
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: w/d fridge range (furniture?)
  • Flooring: Wood, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 16.5x13, On Level: 1/Main
  • Bedroom 2: Dimensions: 14x12, On Level: 1/Main
  • Family Room: Dimensions: 20x24, On Level: 1/Main
  • Living Room: Dimensions: 23x24, On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 277.6
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 277.6

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition, Shingle
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4+

Utilities

  • Heating/Cooling: Ductless/Mini-Split
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.23
  • Estimated Lot Sq Ft: 10019
  • Lot: 1
  • Price Per Acre: 1934782.61
  • Rv Amenities: Area/Room For
  • Zoning: RS and Mixed Use
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: Yes (Refer to Remarks)

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 568563
  • Tax Amount: 3122

Map

Range of Values:

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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 $3,122 $177,550 $69,420 $108,130
2024 $3,122 $172,380 $67,400 $104,980
2023 $3,202 $167,360 $65,430 $101,930
2022 $2,940 $162,490 $63,520 $98,970
2021 $2,907 $157,760 $61,670 $96,090
2020 $2,831 $153,170 $59,870 $93,300
2019 $2,758 $148,710 $58,120 $90,590
2018 $2,670 $144,380 $56,430 $87,950
2017 $2,655 $140,180 $54,780 $85,400
2016 $2,704 $136,100 $53,190 $82,910
2015 $2,598 $132,140 $51,640 $80,500
2014 $2,543 $128,300 $50,130 $78,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $445,000 +78.0% $278 / Sq Ft
11/15/2018 11/15/18 Sold $250,000 0.0% $156 / Sq Ft
09/12/2018 09/12/18 For Sale $250,000 -- $156 / Sq Ft
Source: Willamette Valley MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $250,000 Amerititle
Warranty Deed $155,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Closed $237,500 New Conventional
Previous Owner $110,000 Purchase Money Mortgage
Source: Public Records

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Source: Willamette Valley MLS

MLS Number: 827886

Willamette Valley MLS

APN: 568563