1071 Chestnut St
Independence, OR 97351
3 bd 2 ba 1,580 sqft Built 2020 Lot 5,227 sqft single_family
Most recent sale
$480,000
Apr 18, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2024 | Sold | $480,000 | Willamette |
| Feb 29, 2024 | Price changed | $489,000 | RMLS |
| Feb 9, 2024 | Listed | $509,000 | Willamette |
| Jul 16, 2020 | Sold | $355,000 | Public Record |
| May 17, 2020 | Listing removed | — | Willamette |
| May 6, 2020 | Listing removed | — | Willamette |
| May 5, 2020 | Listed | $355,000 | Willamette |
| Apr 30, 2020 | Listed | $349,000 | Willamette |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $186,360 | $69,140 | $255,500 | $4,635 |
| 2023 | $175,670 | $65,170 | $240,840 | $4,582 |
| 2022 | $170,560 | $63,270 | $233,830 | $4,205 |
| 2021 | $165,590 | $61,430 | $227,020 | $4,159 |
| 2020 | — | $56,610 | $56,610 | $1,040 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,580 sqft
Lot size
5,227 sqft
ZIP code
97351
City
Independence
Street
Chestnut St
Coordinates
44.84146, -123.19843
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,160
Gross rental yield
7.90%
Implied cap rate
5.14%
Trend-extrapolated value
—
Frequently asked questions
When did 1071 Chestnut St last sell?
1071 Chestnut St most recently sold on Apr 18, 2024 for $480,000.
What is the current tax assessment for 1071 Chestnut St?
The most recent total assessment for 1071 Chestnut St (year 2025) is $255,500 with $4,635 in property tax.
How does 1071 Chestnut St's assessment compare to its last sale price?
The current assessment is 46.8% below the last sale price of $480,000.
When was 1071 Chestnut St built?
1071 Chestnut St was built in 2020.
How does 1071 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 1071 Chestnut St?
1071 Chestnut St is a 3 bed, 2 bath, 1,580 sqft, 5,227 sqft lot single_family.
Is 1071 Chestnut St a flip candidate?
No — 1071 Chestnut St does not appear in our flips dataset.
Is 1071 Chestnut St a tax-appeal candidate?
No — 1071 Chestnut St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+16.2%
Implied 1-yr
+65.0%
2026 Q3
$1.87M
2026 Q4
$1.87M
ZIP 97351 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chestnut St