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575 Walnut St

Independence, OR 97351

3 bd 1 ba 1,000 sqft Built 1957 Lot 6,534 sqft single_family
Most recent sale
$269,500
Apr 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 9, 2024 Sold $269,500 RMLS
Feb 12, 2024 Price changed $267,995 RMLS
Feb 5, 2024 Price changed $272,995 RMLS
Jan 29, 2024 Price changed $273,995 RMLS
Jan 25, 2024 Price changed $278,995 RMLS
Jan 20, 2024 Price changed $279,995 RMLS
Jan 15, 2024 Price changed $279,995 Willamette
Jan 8, 2024 Price changed $293,000 RMLS
Jan 1, 2024 Price changed $294,000 RMLS
Nov 30, 2023 Price changed $299,000 Willamette
Jul 21, 2023 Price changed $299,999 RMLS
Jul 20, 2023 Listed $300,000 Willamette

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $63,150 $19,650 $82,800 $1,511
2023 $59,530 $18,520 $78,050 $1,493
2022 $57,800 $17,980 $75,780 $1,370
2021 $56,120 $17,460 $73,580 $1,355
2020 $54,490 $16,950 $71,440 $1,320
2019 $52,910 $16,450 $69,360 $1,286
2018 $51,370 $15,970 $67,340 $1,245
2017 $49,870 $15,510 $65,380 $1,238
2016 $48,420 $15,060 $63,480 $1,261
2015 $47,020 $14,620 $61,640 $1,212
2014 $45,650 $14,200 $59,850 $1,186
2013 $44,320 $13,795 $58,115 $1,119

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,000 sqft
Lot size
6,534 sqft
ZIP code
97351
City
Independence
Street
Walnut St
Coordinates
44.85862, -123.18803

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,000
Gross rental yield
8.91%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 575 Walnut St last sell?
575 Walnut St most recently sold on Apr 9, 2024 for $269,500.
What is the current tax assessment for 575 Walnut St?
The most recent total assessment for 575 Walnut St (year 2025) is $82,800 with $1,511 in property tax.
How does 575 Walnut St's assessment compare to its last sale price?
The current assessment is 69.3% below the last sale price of $269,500.
When was 575 Walnut St built?
575 Walnut St was built in 1957.
How does 575 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 575 Walnut St?
575 Walnut St is a 3 bed, 1 bath, 1,000 sqft, 6,534 sqft lot single_family.
Is 575 Walnut St a flip candidate?
No — 575 Walnut St does not appear in our flips dataset.
Is 575 Walnut St a tax-appeal candidate?
No — 575 Walnut St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+16.2%
Implied 1-yr
+65.0%
2026 Q3
$1.87M
2026 Q4
$1.87M
ZIP 97351 — Median Price History + Forecast

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