554 Mitchell St Falls City, OR 97344
Estimated payment $1,231/month
Highlights
- RV Access or Parking
- Wood Burning Stove
- First Floor Utility Room
- Mountain View
- Mud Room
- Shed
About This Home
A rare opportunity, this one-of-a-kind property sits on over 1⁄2 acre with a seasonal creek running through. Featuring a 900+ sq ft main home, multiple outbuildings, and a vintage logging cook shack with original wood floors—ideal for an office or potential ADU. Possible lot subdivision per city (buyer to verify). With as little as 3.5% down, a rehab loan could help create instant equity! Great for investment, expansion, homestead or peaceful living just steps from town, waterfalls, biking & hiking!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,202
Year Built
- Built in 1941
Lot Details
- 0.53 Acre Lot
- Irregular Lot
Property Views
- Mountain
- Territorial
Home Design
- Pillar, Post or Pier Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
- Lap Siding
Interior Spaces
- 992 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Wood Burning Fireplace
- Mud Room
- First Floor Utility Room
- Stove
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Garage
- Carport
- RV Access or Parking
Outdoor Features
- Shed
Schools
- Falls City Elementary And Middle School
- Falls City High School
Utilities
- Heating System Uses Wood
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1,2,3
Map
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 | $1,202 | $90,270 | $40,380 | $49,890 |
| 2024 | $1,202 | $87,650 | $39,200 | $48,450 |
| 2023 | $1,169 | $85,100 | $38,060 | $47,040 |
| 2022 | $1,133 | $82,630 | $36,950 | $45,680 |
| 2021 | $1,102 | $80,230 | $35,870 | $44,360 |
| 2020 | $1,071 | $77,900 | $34,830 | $43,070 |
| 2019 | $1,043 | $75,640 | $33,820 | $41,820 |
| 2018 | $1,008 | $73,440 | $32,840 | $40,600 |
| 2017 | $913 | $71,310 | $31,880 | $39,430 |
| 2016 | $919 | $69,240 | $30,950 | $38,290 |
| 2015 | $895 | $67,230 | $30,050 | $37,180 |
| 2014 | $808 | $65,280 | $29,180 | $36,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | Price Changed | $215,000 | -4.4% | $217 / Sq Ft |
| 12/13/2025 12/13/25 | Price Changed | $225,000 | -10.0% | $227 / Sq Ft |
| 06/24/2025 06/24/25 | For Sale | $250,000 | -- | $252 / Sq Ft |
Source: Willamette Valley MLS
MLS Number: 830636
APN: 295064
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.
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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Ask me questions while you tour the home.