Google street view image for 540 Greenwood Rd S, Independence, OR 97351

Off market

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sq ft

540 Greenwood Rd S, Independence, OR 97351

About this home

540 Greenwood Rd S is a property on a 0.34 acre lot.

0.34 acresLot Size

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 97351, OR

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

99.3%

1.2% MoM

Median sale price

$415K

$8K MoM

Avg. days on market

51d

5 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN SAT, 1PM TO 5PM
$529,990
3 beds2.5 baths1,440 sq ft
609 Airport Way, Independence, OR 97351
$359,900
3 beds2 baths1,404 sq ft
874 James St, Independence, OR 97351
$400,000
4 beds2 baths1,556 sq ft
977 Monmouth St, Independence, OR 97351
$459,900
3 beds2 baths1,640 sq ft
1244 S 9th St, Independence, OR 97351
Matt Willcuts • Willcuts Company Real Estate
See all

Provided by Redfin

Sale history for 540 Greenwood Rd S

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$4,831 (+4.1%)

$53,020 + $322,150

$375,170

2024

$4,639 (−6.1%)

$51,480 + $312,770

$364,250

2023

$4,940 (+14.0%)

$3,530 + $303,670

$307,200

2022

$4,335 (+0.7%)

$3,430 + $294,830

$298,260

2021

$4,305 (+2.5%)

$47,118 + $286,230

$333,348

2020

$4,199 (+3.0%)

$47,070 + $277,900

$324,970

2019

$4,076 (+3.8%)

$45,700 + $269,810

$315,510

2018

$3,926 (+17,239.7%)

$44,370 + $261,950

$306,320

2017

$23 (−99.4%)

$43,080 + $254,320

$297,400

2016

$4,071 (+20,255.0%)

$41,820 + $246,920

$288,740

2014

$20 (+2.8%)

$39,410 + $232,770

$272,180

2013

$19 (−99.4%)

$38,260 + $226,000

$264,260

2012

$3,407 (+3.3%)

$37,140 + $219,430

$256,570

2011

$3,297 (+3.8%)

$37,520 + $213,040

$250,560

2010

$3,177 (−1.2%)

$36,430 + $206,840

$243,270

2008

$3,216

$35,370 + $200,820

$236,190

Tax history for 540 Greenwood Rd S

Year

Property tax

Land + Additions

Assessment*

2025

$4,831 (+4.1%)

$53,020 + $322,150

$375,170

2024

$4,639 (−6.1%)

$51,480 + $312,770

$364,250

2023

$4,940 (+14.0%)

$3,530 + $303,670

$307,200

2022

$4,335 (+0.7%)

$3,430 + $294,830

$298,260

2021

$4,305 (+2.5%)

$47,118 + $286,230

$333,348

2020

$4,199 (+3.0%)

$47,070 + $277,900

$324,970

2019

$4,076 (+3.8%)

$45,700 + $269,810

$315,510

2018

$3,926 (+17,239.7%)

$44,370 + $261,950

$306,320

2017

$23 (−99.4%)

$43,080 + $254,320

$297,400

2016

$4,071 (+20,255.0%)

$41,820 + $246,920

$288,740

2014

$20 (+2.8%)

$39,410 + $232,770

$272,180

2013

$19 (−99.4%)

$38,260 + $226,000

$264,260

2012

$3,407 (+3.3%)

$37,140 + $219,430

$256,570

2011

$3,297 (+3.8%)

$37,520 + $213,040

$250,560

2010

$3,177 (−1.2%)

$36,430 + $206,840

$243,270

2008

$3,216

$35,370 + $200,820

$236,190

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Jun 8, 2026 • Final

Commercial electrical

Install electrical power service to an agricultural building.

Electrical

Aug 10, 2014 • Final

Residential mechanical

Construct a single-family home and connect it to a new septic system.

New construction

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Around this home

Schools

K - 12
Preschool & daycare

Independence Elementary School

Public K-5 • Assigned • 5.3mi

6/10

Talmadge Middle School

Public 6-8 • Assigned • 5.5mi

4/10

Central High School

Public 9-12 • Assigned • 5.5mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

11 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Independence, OR • 97351

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Nearby similar homes

$400,000

4 beds2 baths1,556 sq ft

977 Monmouth St, Independence, OR 97351

Extra parking • 7,316 sq ft lot • Garage

Listing provided by WVMLS

$799,900

4 beds2 baths2,840 sq ft

2860 Quinaby Rd NE, Salem, OR 97303

5 acres • Covered patio • Rv parking

Listing provided by WVMLS

3D WALKTHROUGH

$879,000

6 beds4 baths3,565 sq ft

1171 Thunderbird Ave S, Salem, OR 97306

Breathtaking views • Patio on every level • Gourmet kitchen

Mayra Flor Rocha • Rocha Realty LLC

3D WALKTHROUGH

$1,200,000

3 beds3 baths2,364 sq ft

4815 Gibson Rd NW, Salem, OR 97304

New wood stove • Huge shop • Adu

Listing provided by WVMLS

$450,000

4 beds2 baths1,763 sq ft

4196 47th Ave NE, Salem, OR 97305

7,405 sq ft lot • 2 garage spots • Built 1974

Joey McNamara • Real Broker

$749,900

3 beds3 baths2,078 sq ft

1665 Perrydale Rd, Dallas, OR 97338

Mountain views • Remodeled kitchen • 1200sq ft shop

Listing provided by WVMLS

New listings for sale in 97351

OPEN SAT, 1PM TO 5PM3D WALKTHROUGH

$529,990

3 beds2.5 baths1,440 sq ft

609 Airport Way, Independence, OR 97351

Owned solar panels • Fully fenced yard • 8x12 storage shop

Listing provided by WVMLS

$359,900

3 beds2 baths1,404 sq ft

874 James St, Independence, OR 97351

New roof • Fresh interior paint • New flooring

Listing provided by WVMLS

$400,000

4 beds2 baths1,556 sq ft

977 Monmouth St, Independence, OR 97351

Extra parking • 7,316 sq ft lot • Garage

Listing provided by WVMLS

$459,900

3 beds2 baths1,640 sq ft

1244 S 9th St, Independence, OR 97351

5,662 sq ft lot • 2 garage spots • Built 2016

Matt Willcuts • Willcuts Company Real Estate

Home values near 540 Greenwood Rd S

Data from public records.

Address	Redfin Estimate
730 Greenwood Road South, Independence, OR 2 Beds \| 1 Baths \| 3037 Sq. Ft.	—
640 Greenwood Road South, Independence, OR 5 Beds \| 2 Baths \| 2898 Sq. Ft.	$730,976
7350 Rickreall Road, Rickreall, OR 3 Beds \| 2 Baths \| 1475 Sq. Ft.	$545,730
7310 Rickreall Road, Rickreall, OR 3 Beds \| 1.5 Baths \| 1328 Sq. Ft.	$493,666
6670 Rickreall Road, Independence, OR 3 Beds \| 1.5 Baths \| 3826 Sq. Ft.	—

Address	Redfin Estimate
590 Greenwood Road South, Independence, OR 3 Beds \| 3 Baths \| 1970 Sq. Ft.	$1,152,575
815 Greenwood Road South, Independence, OR 3 Beds \| 2 Baths \| 2494 Sq. Ft.	—
7260 Rickreall Road, Rickreall, OR 4 Beds \| 2 Baths \| 1879 Sq. Ft.	$557,157
6525 Rickreall Road, Independence, OR 3 Beds \| 4 Baths \| 2638 Sq. Ft.	$637,637

Address	Redfin Estimate
525 Greenwood Road South, Independence, OR 3 Beds \| 1 Baths \| 3280 Sq. Ft.	$978,631
780 Greenwood Road South, Independence, OR 4 Beds \| 2.5 Baths \| 3199 Sq. Ft.	—
6665 Rickreall Road, Independence, OR 2 Beds \| 3 Baths \| 2438 Sq. Ft.	$1,230,909
7075 Rickreall Road, Independence, OR 4 Beds \| 1.5 Baths \| 1998 Sq. Ft.	$1,816,750

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GreatSchools Ratings provided by GreatSchools.org.

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540 Greenwood Rd S, Independence, OR 97351

About this home

Redfin Estimate

Market trends in 97351, OR

Sale history for 540 Greenwood Rd S

Tax history for 540 Greenwood Rd S

Permits

Property details

Exterior

Financial

Public facts

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97351

Home values near 540 Greenwood Rd S

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