540 S 3rd St, Independence, OR 97351
Property image
Property image
OFF MARKET

$333,400

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 882 sqft

540 S 3rd St, Independence, OR 97351

Est. Refi. Payment $1,972/mo*
Refinance Your Home
Currently Off Market - Sold Oct 18, 2023 for $293,195

Home Value

Trulia Estimate
$333K
Since last month
Increased$600 (+0.2%)
Since last year
Increased$3K (+1%)
Since last sale
Increased$40K (+13.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +158% in the last 10 years
MonthEstimated value
2026
August 2026$333K
August 2026$333K
July 2026$333K
June 2026$336K
May 2026$335K
April 2026$335K
March 2026$332K
February 2026$336K
January 2026$331K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
389 C St, Independence, OR
0.20
Single-Family Home
$230,000
03/31/26
2
1
2,171
368 S 6th St, Independence, OR
0.25
Single-Family Home
$375,000
03/13/26
3
1
1,387
488 B St, Independence, OR
0.31
Single-Family Home
$275,000
03/06/26
2
1
560
1261 Pine Ct, Independence, OR
0.45
Single-Family Home
$358,000
09/10/25
3
1
1,008
347 S Spruce Ct, Independence, OR
0.40
Single-Family Home
$246,000
04/09/26
3
1
1,012
690 S 6th St, Independence, OR
0.24
Single-Family Home
$175,000
05/29/26
2
2
1,177
950 D St, Independence, OR
0.47
Single-Family Home
$355,000
10/01/25
3
1
1,026
1135 Monmouth St, Independence, OR
0.67
Single-Family Home
$277,810
05/20/26
2
1
1,008

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
357 E St, Independence, OR 97351
0.03
$377,500
5
2
1,688
Recently Sold
562 S 4th St, Independence, OR 97351
0.07
$316,400
2
1
932
Off Market
389 Monmouth St, Independence, OR 97351
0.14
$435,600
3
2
2,021
Off Market
275 Monmouth St, Independence, OR 97351
0.14
$403,300
3
3.5
2,000
Off Market
411 Monmouth St, Independence, OR 97351
0.15
$649,500
4
3
2,550
Off Market
745 S 3rd St, Independence, OR 97351
0.14
$396,400
3
2
1,420
Off Market
535 E St, Independence, OR 97351
0.16
$437,900
4
2.5
2,008
Off Market
540 F St, Independence, OR 97351
0.16
$354,000
3
2
1,232
Recently Sold
389 C St, Independence, OR 97351
0.20
$230,000
2
1
2,171
Recently Sold
466 S 6th St, Independence, OR 97351
0.23
$320,000
1
1
540
For Sale
260 5th St, Independence, OR 97351
0.23
$501,600
4
3
3,000
Off Market

Local Information

  • Map ViewExplore the area around 540 S 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1935
Living Area
882 sqft
Price/Sqft
$378
Parking
Garage
Last check for updates: about 10 hours ago
Listed by DONNA GRAHAM, (503) 931-5677
Homesmart Realty Group - Dallas
Bought with: JOSEPH OLIVARES, Bella Casa Real Estate Group
Source: WVMLS, MLS#808492

About this House

Cute 1935 Home! Great setting on a .23 of an acre lot, large fenced backyard, patio, treed, garden area, long driveway, RV parking, alley access & single garage w/shop area! Home features fresh paint, kitchen w/ss appliances, dining area, living room w/pellet stove, wood floors, 2 bedrooms and a bathroom downstairs & upstairs attic area finished! Charming covered front porch & lots of flowers. Note the sq ft does not include the upstairs attic space.
540 S 3rd St, Independence, OR 97351 is a 2 bedroom, 1 bathroom, 882 sqft single-family home built in 1935. It last sold for $293,195 on Oct 18, 2023 (1% below the $295,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $333,400, with a rent estimate of $2,049/month.

Home Details for 540 S 3rd St

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 882 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Range, Range Included, Electric Water HeaterDishwasherLaundry: Main Level
Heating & Cooling
Heating: Electric,See Remarks,ZonedHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Living Room, Pellet StoveHas a Fireplace
Gas & Electric
Electric: 1/Main
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Vinyl, Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Tile, Vinyl, Wood
View
Has a ViewView: Territorial

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Covered Patio, PatioFencing: FencedOther Structures: RV/Boat StorageFoundation: Continuous
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Does Not Include Irrigation Water Rights

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: AsbestosNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: Range, Fridge, Garage Freezer, carport appx 18x14

Price & Status

Price
List Price: $295,500Price Range: $293,195 - $295,500
Status Change & Dates
Off Market Date: Wed Oct 18 2023Possession Timing: Closing

Active Status

MLS Status: SOLD

Media

Location

Direction & Address
City: IndependenceCommunity: Henry Hills Addition
School Information
Elementary School: IndependenceJr High / Middle School: TalmadgeHigh School: Central

Building

Building Area
Building Area: 882 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 9801 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 808492Attribution Contact: Agent: 503-931-5677

Price and Tax history

DateEventPrice
Oct 18, 2023
Source: WVMLS #808492
Sold
$293,195
Sep 14, 2023
Source: WVMLS #808492
Contingent
$295,500
Sep 10, 2023
Source: WVMLS #808492
PendingToActive
$295,500
Aug 28, 2023
Source: WVMLS #808492
Contingent
$295,500
Aug 23, 2023
Source: WVMLS #808492
PendingToActive
$295,500

Market trends in Independence

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
2MoM

Around this home

What Locals Say about Independence

At least 42 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 83 % Say there's holiday spirit

  • 81 % Say kids play outside

  • 80 % Say it's walkable to restaurants

  • 80 % Say yards are well-kept

  • 80 % Say parking is easy

  • 80 % Say car is needed

  • 76 % Say people would walk alone at night

  • 65 % Say it's quiet

  • 64 % Say it's walkable to grocery stores

  • 57 % Say neighbors are friendly

  • 52 % Say streets are well-lit

  • 51 % Say they plan to stay for at least 5 years

  • 48 % Say there are community events

  • 46 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Bowenchristina87
    "I live downtown. It is a great environment and I feel safe at night when I walk my dog. There are always events during the summer. The summer concert series are great. Movies nights at the park. Bike events. It is endless!!"
    0
    Flag
  • Bowenchristina87
    "I live downtown by the river. City has a lot of community events downtown. All family friendly. Great way to support local businesses and foster a sense of community. "
    0
    Flag
  • Bowenchristina87
    "I love the concerts in the park during the summer. Family movie nights during the summer are also fun. Ghost Walk in October is well done. Not to mention the amazing firework display for the 4th of July. "
    0
    Flag
  • R.edelmaier
    "Most folks in this area of Independence are pretty good about pets being walked around on a leash and that the owners picks up after them! "
    0
    Flag
  • R.edelmaier
    "Thursday night movies in the park, Friday night, concerts in the park,farmers markets, river rafting, bike trails, Christmas parades,amphitheater."
    0
    Flag
  • R.edelmaier
    "Folks around here are so friendly, and there is a lot to do during every season here! Winter... winterfeast, Summer...concert series , old fashion Fourth of July, kayaking,bbqs, fun runs, airport fly in in August! "
    0
    Flag
  • Cody T.
    "Very dog friendly. I’m brand new here and have seen more dogs than all my life in Louisiana. "
    1
    Flag
  • Jennifer S.
    "perfect dog park along the river. both fenced off space, and large free area to run. numerous parks, and plenty of areas for walks with your dog. "
    0
    Flag
  • Investmentjewels
    "I live and own a business in Independence its a quaint back to the future type of lifestyle and community is all about pleasantvile living!"
    3
    Flag
  • Angela
    "I used to live there and was never affraid for me or my childs safety...ever! The neighborhood was great and the local schools employ fantastic staff. The community members really get involved in local fun stuff!"
    1
    Flag

LGBTQ Local Legal Protections

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.
Zillow, Inc. Randy Carroll, (206) 516-2255

Frequently asked questions about 540 S 3rd St

  • What is 540 S 3rd St estimated to be worth?
    Trulia's estimated value for 540 S 3rd St in Independence, OR is $333,400.
  • What is the price history for 540 S 3rd St?
    540 S 3rd St in Independence, OR last sold for $293,195 in October 2023.
  • Is Independence a buyer's or seller's market?
    Independence is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Independence?
    Residents describe Independence, OR as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Independence, OR.
  • Does 540 S 3rd St have laundry facilities?
    Yes, 540 S 3rd St in Independence, OR has laundry facilities.
  • Does 540 S 3rd St have a yard?
    Yes, 540 S 3rd St in Independence, OR has a yard.

Explore by feature - Pet Friendly

19 pet-friendly rentals in Independence, OR

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Explore by feature - Air Conditioning

6 rentals with air conditioning in Independence, OR

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20 rentals with a washer/dryer in Independence, OR

Explore by feature - Outdoor Space

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Off Market Homes Near 540 S 3rd St

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