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$437,500 Just Listed
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Property Description
Welcome to this historic gem in downtown Independence. Built in the 1880's by the local tack and saddle merchant it went on to be owned by a local barber and a Justice of the Peace. This 3BR/2BA + office home boasts over 2000 SF and is two blocks from Main Street where Fourth of July festivities, outdoor summer concerts, Farmers & Saturday markets, & other local celebrations take place. Walking distance to breweries, coffee shops, the library, yoga, Pilates, the Willamette River & locally owned shops. Independence is one hour from the Oregon Coast, less than two hours to the Deschutes National Forest, provides easy access to Salem, Portland, Corvallis and Eugene and yet maintains an affordable housing market.In the last five years the current owners have had a new heat pump, additional fans in the upstairs duct work, mini-splits downstairs, water heater, Trex decking, a new exterior shed on skids, fencing, new bathroom sinks, and upgraded appliances installed. New interior paint has been applied throughout, including numerous murals by a local artist. Owners are currently using spacious master bedroom as their work from home space. In 2021 a new vapor barrier and floor joists were added under the living room to bring it up to current code. Exterior paint has been mostly completed and continues to be applied.This corner lot has great curb appeal and has been landscaped by a certified master gardener. The north facing bed features native and drought resistant planting. The front raised beds are ideal for vegetable gardening and have a drip system installed via hose for easy maintenance. The front yard features Kurapia, a drought resistant, low maintenance ground cover. 111 S Third Street is not just a home; it's a lifestyle that combines history with modern amenities and ease of living as well as an escape from urban living with access to all of the essentials of day-to-day life! It's a great value at less than $200/sf.
Full Property Details
Full Property Details for 111 S 3rd St
General
- Price: $437,500
- Taxes: $3,239 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 839177
- Updated: 3/31/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Luxury Vinyl Plank, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Color: White
Parking
- Garage Description: None
Location
- County: POLK COUNTY
- Subdivision: Partition Plat 1996-0002
- Driving Directions: Corner of B and Third two blocks west of Main Street.
School Information
- Elementary School: Independence
- Middle School: Talmadge
- High School: Central
Heating & Cooling
- Heating/Cooling: Heat Pump, Forced Air, Ductless/Mini-Split
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 2,203
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,873
- Zoning: SR
- Lot Description: Parcel 1
Financial Considerations
- Price Per Sq. Ft.: $198.59
- Assessment Year: 1880
- Tax Amount: $3,239
- Tax Year: 2025
Disclosures and Reports
- Lot Number: Parcel 1
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Schools
Schools serving 111 S 3rd St
School District:Central School District 13j
| Name | Grades | Distance |
|---|---|---|
Independence Elementary School 150 South 4th Street, Independence, OR 97351 | K-5 | 0.1 mi |
Talmadge Middle School 51 South 16th Street, Independence, OR 97351 | 6-8 | 1.2 mi |
Central High School 1530 Monmouth Street, Independence, OR 97351 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 S 3rd St
Date
Details
Price
Change
Source
3/31/2026
Listed
$437,500
33.87%
MLS
1/22/2021
Sold
$326,805
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 S 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,239
4%
$177,460
3%
2024
$3,121
-2%
$172,300
3%
2023
$3,201
10%
$167,290
6%
2021
$2,906
-1%
$157,690
-3%
2022
$2,938
1%
$162,420
6%
2021
$2,906
5%
$153,100
3%
2019
$2,756
3%
$148,650
3%
2018
$2,669
1%
$144,330
3%
2017
$2,652
6%
$140,130
9%
2016
$2,501
11%
$128,260
10%
2015
$2,257
1%
$117,020
2%
2014
$2,224
13%
$114,450
10%
2013
$1,965
—
$104,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 S 3rd St
111 S 3rd St, Independence, OR 97351 (MLS# 839177) is a Single Family property with 3 bedrooms and 2 full bathrooms. 111 S 3rd St is currently listed for $437,500 and was received on March 31, 2026. Want to learn more about 111 S 3rd St? Do you have questions about finding other Single Family real estate for sale in Independence? You can browse all Independence real estate or contact a Coldwell Banker agent to request more information.

