NOT LISTED FOR SALE

554 Log Cabin St Independence, OR 97351

Estimated Value: $229,000 - $280,000

1 Bed
1 Bath
630 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $67,499 $107 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $1,452/month

246 Days on Market

Highlights

  • Mountain View
  • Main Floor Primary Bedroom
  • Tile Flooring
  • Living Room with Fireplace
  • First Floor Utility Room
  • 4-minute walk to Independence Dog Park

About This Home

As of June 2013

This home is located at 554 Log Cabin St, Independence, OR 97351 since 14 August 2012 and is currently estimated at $260,718, approximately $413 per square foot. This property was built in 1942. 554 Log Cabin St is a home located in Polk County with nearby schools including Independence Elementary School, Talmadge Middle School, and Central High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1942

Lot Details

  • 6,720 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RM

Parking

  • Carport

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Shake Siding
  • T111 Siding

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: PERFECT STARTER, or investment property!! Fresh and clean as a whistle! NEW CARPET, iINTERIOR PAINT, DRAPES, SLATE, VINYL, KITCHEN COUNTERS, BATHROOM SINK AND FIXTURES!! Huge garden or rv area in backyard! Property goes to alley in rear. Easy Commute to Western Oregon!! Why pay rent when you can buy for less!!
  • Cross Street: N. Williams
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room
  • Negotiable Inclusions: All appliances including w/d with full price offer
  • Flooring: Carpet, Tile
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: Grey
  • Fenced Yard: Partial
  • Landscape: Yes
  • Roof: Composition
  • Siding: Shake
  • Siding Style: T111
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Gas, Electric

Lot Info

  • Acres: 0.15
  • Estimated Lot Dimensions: 6720
  • Estimated Lot Sq Ft: 6720
  • Lot: .
  • Lot Type: Dimension Above
  • Zoning: RM
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2012
Closed on
Jun 24, 2013
Sold by
Newman Jeffrey L and Newman Brooke E
Bought by
King Anita D
List Price
$79,900
Sold Price
$67,499
Premium/Discount to List
-$12,401
-15.52%
Current Estimated Value
$260,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,219
Avg. Annual Appreciation
11.49%
Original Mortgage
$68,876
Outstanding Balance
$48,973
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$211,745
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
King Anita D $67,499 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Anita D $68,876
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2013 06/26/13 Sold $67,499 -15.5% $107 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
08/14/2012 08/14/12 For Sale $79,900 -- $127 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

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 $897 $50,990 $28,220 $22,770
2024 $897 $49,510 $27,400 $22,110
2023 $920 $48,070 $26,610 $21,460
2022 $844 $46,670 $25,840 $20,830
2021 $835 $45,320 $25,080 $20,240
2020 $813 $44,000 $24,350 $19,650
2019 $792 $42,720 $23,640 $19,080
2018 $767 $41,480 $22,950 $18,530
2017 $763 $40,280 $22,290 $17,990
2016 $777 $39,110 $21,640 $17,470
2015 $747 $37,980 $21,020 $16,960
2014 $731 $36,880 $20,410 $16,470
Source: Public Records

Map

Source: Willamette Valley MLS

MLS Number: 655947

Willamette Valley MLS

APN: 200824

Oregon Polk County Independence 97351

554 Log Cabin St, Independence, OR

Not Listed for Sale

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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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