$199,000
UNDER CONTRACT $51K PRICE DROP

554 Mitchell St Falls City, OR 97344

Estimated payment $1,155/month

Total Views 38,632
3 Beds
1 Bath
992 Sq Ft
$201 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • First Floor Utility Room
  • Mountain View
  • Mud Room
  • Shed

About This Home

Accepted Offer with Contingencies. Priced under existing appraisal! A rare opportunity on over 0.5 acre with seasonal creek. 900+ sq ft home, multiple outbuildings & vintage logging cook shack with original wood floors—ideal for office, studio or possible ADU. Potential lot subdivision per city (buyer to verify). Rehab loan option with as little as 3.5% down may offer opportunity for added equity. Great for investment, expansion, homestead or peaceful setting near town, waterfalls, biking & hiking.

Listing Agent

Sarah Owre

HOMESMART REALTY GROUP - DALLAS License #201216094 Listed on: 06/24/2025

HOMESMART REALTY GROUP - DALLAS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1941

Lot Details

  • 23,087 Sq Ft 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1941

Lot Details

0.53 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Possible
  • Syndicated Remarks: Accepted Offer with Contingencies. Priced under existing appraisal! A rare opportunity on over 0.5 acre with seasonal creek. 900+ sq ft home, multiple outbuildings & vintage logging cook shack with original wood floors—ideal for office, studio or possible ADU. Potential lot subdivision per city (buyer to verify). Rehab loan option with as little as 3.5% down may offer opportunity for added equity. Great for investment, expansion, homestead or peaceful setting near town, waterfalls, biking & hiking.
  • Year Built: 1941
  • Home Style2: 1 Story
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Stove, Wood
  • Wood Burning Stove: Certification Unknown
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: Green
  • Foundation: Pier
  • Out Buildings: Shed
  • Roof: Composition, Shingle
  • Siding: Wood
  • Siding Style: Lap
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Wood, Stove
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Lot Info

  • Acres: 0.53
  • Lot: 1,2,3
  • Lot Type: Irregular
  • Rv Amenities: Area/Room For
  • Zoning: Res
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2025
  • Tax Amount: 1202

MLS Schools

  • HighSchool: Falls City
  • Middle School: Falls City
  • Elementary School: Falls City

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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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 Price Changed $199,000 -7.4% $201 / 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

Source: Willamette Valley MLS

MLS Number: 830636

Willamette Valley MLS

APN: 295064

Oregon Polk County Falls City 97344

554 Mitchell St, Falls City, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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Listing Agent
Sarah Owre
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