Accepted Offer with Contingencies. USDA eligible, possible 100% financing or perhaps you like the potential for a short-term rental? This 2-bed, 1-bath cottage near downtown is packed with charm. Enjoy an open kitchen, smart layout, and nearly 5,000 sq ft lot—perfect for gardens, BBQs, or play. Ideal for first-time buyers, down-sizers, or low-maintenance living.
Under contract
Listed by: Exp Realty, Llc
Price cut: $24.5K (1/2)
$275,000
488 B St, Independence, OR 97351
2beds
560sqft
Est.:
Single Family Residence
Built in 1960
4,884 Square Feet Lot
$268,200 Zestimate®
$491/sqft
$-- HOA
What's special
Open kitchenFunctional layout
- 168 days |
- 437 |
- 25 |
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 07:03am
Listed by:
ELIZABETH BOISVERT 541-243-2547,
Exp Realty, Llc
Source: WVMLS,MLS#: 833367
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Area (Combination)
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Forced Air, Ductless/Mini-Split
Appliances
- Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater
Features
- Flooring: Wood, See Remarks
- Has fireplace: No
Interior area
- Total structure area: 560
- Total interior livable area: 560 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered Patio
Lot
- Size: 4,884 Square Feet
- Features: Landscaped
Details
- Additional structures: Shed(s), RV/Boat Storage
- Parcel number: 203883
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Lap Siding
- Foundation: Continuous
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Independence
Financial & listing details
- Price per square foot: $491/sqft
- Tax assessed value: $215,160
- Annual tax amount: $1,351
- Price range: $275K - $275K
- Date on market: 9/11/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,ODVA,FHA,Conventional,USDA Loan
- Inclusions: fridge, stove, shed
- Exclusions: N/A
Estimated market value
$268,200
$255,000 - $282,000
$1,478/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Contingent | $275,000$491/sqft |
Source: eXp Realty #833367 Report a problem | ||
| 2/3/2026 | Pending sale | $275,000$491/sqft |
Source:  RMLS (OR) #212033721 Report a problem | ||
| 1/2/2026 | Price change | $275,000-8.2%$491/sqft |
Source:  WVMLS #833367 Report a problem | ||
| 11/15/2025 | Price change | $299,500-0.1%$535/sqft |
Source: WVMLS #833367 Report a problem | ||
| 11/7/2025 | Listed for sale | $299,900$536/sqft |
Source: WVMLS #833367 Report a problem | ||
| 11/1/2025 | Pending sale | $299,900$536/sqft |
Source: RMLS (OR) #212033721 Report a problem | ||
| 10/30/2025 | Contingent | $299,900$536/sqft |
Source: WVMLS #833367 Report a problem | ||
| 10/15/2025 | Price change | $299,9000%$536/sqft |
Source: WVMLS #833367 Report a problem | ||
| 9/11/2025 | Listed for sale | $300,000+227.3%$536/sqft |
Source: WVMLS #833367 Report a problem | ||
| 3/2/2016 | Sold | $91,665+41%$164/sqft |
Source: Public Record Report a problem | ||
| 6/2/2013 | Listing removed | $65,000$116/sqft |
Source: Windermere Western View Properties #656947 Report a problem | ||
| 9/16/2012 | Listed for sale | $65,000$116/sqft |
Source: Windermere Western View Properties #656947 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,351 -2.5% | $74,590 +3% |
| 2023 | $1,386 +8.9% | $72,420 +3% |
| 2022 | $1,272 +1.1% | $70,320 +3% |
| 2021 | $1,258 +2.7% | $68,280 +3% |
| 2020 | $1,226 +2.7% | $66,300 +3% |
| 2019 | $1,194 | $64,370 +3% |
| 2018 | $1,194 +3.3% | $62,500 +3% |
| 2017 | $1,156 +0.6% | $60,680 +3% |
| 2016 | $1,149 -1.8% | $58,920 +3% |
| 2015 | $1,171 +5.6% | $57,210 +3% |
| 2014 | $1,108 +8.4% | $55,550 +3% |
| 2013 | $1,022 +1.9% | $53,940 +3% |
| 2012 | $1,003 +3.3% | $52,370 +3% |
| 2011 | $971 +3.6% | $50,850 +3% |
| 2010 | $938 +0.3% | $49,370 +3% |
| 2009 | $935 +2.7% | $47,940 +3% |
| 2008 | $910 -0.5% | $46,550 +3% |
| 2007 | $915 +6.8% | $45,200 +3% |
| 2006 | $856 -1% | $43,890 +3% |
| 2005 | $865 +4.6% | $42,620 +3% |
| 2004 | $827 +7% | $41,380 +6.1% |
| 2002 | $773 +3.1% | $39,010 +3% |
| 2001 | $750 +11.6% | $37,880 +3% |
| 2000 | $672 | $36,780 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,460/mo
Principal & interest
$1277
Property taxes
$183
Climate risks
Neighborhood: 97351
Nearby schools
GreatSchools rating
- 6/10Independence Elementary SchoolGrades: K-5Distance: 0 mi
- 4/10Talmadge Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Central High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Independence
- Middle: Talmadge
- High: Central
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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