OFF MARKET
Google street view image for 540 S Main St, Independence, OR 97351
Off market feb 2006 for $40K
$481,853
Est. refi paymentEst. refi $266/mo
3
bd
•
2 ba
•
1,599
sq ft

540 S Main St, Independence, OR 97351

map-entry

About this home

540 S Main St is a 1,599 square foot house on a 9,801 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on February 22, 2006 for $40,000. Based on Redfin's Independence data, we estimate the home's value is $481,853.
Single-familyProperty Type
2022Year Built
9,801 sq ftLot Size
$301Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$481,853
$442K since sold in February 2006$3,000 since September

This home's estimate is 3.7% higher than the average sale price ($465K) of 5 comparable homes.

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Earn from this home

Sell
$438,110
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$2,349/mo
Redfin rental estimate

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Market trends in 97351, OR

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price
100.5%

+0.3% MoM

Median sale price
$407K

$8K MoM

Avg. days on market
56d

2 days MoM

Recently sold homes
16

7 MoM

New listings for sale

Provided by Redfin

Sale history for 540 S Main St

Tax history for 540 S Main St

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

Permits

Feb 3, 2023 • Final
Residential electrical

Perform a complete electrical rewiring of the entire house.

Electrical

Sep 26, 2022 • Active
Residential structural

Construct a new single-family home.

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

Independence Elementary School

Public K-5 • Assigned • 0.3mi

6/10
Talmadge Middle School

Public 6-8 • Assigned • 1.3mi

4/10
Central High School

Public 9-12 • Assigned • 1.2mi

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 92° expected this year, 14 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)
48
35
50
37
57
43
64
43
70
48
77
52
84
56
85
59
78
55
64
46
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$458,000 – $555,000

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Nearby similar homes

NEW CONSTRUCTION
$899,900
4 beds3 baths2,317 sq ft
6314 Jacinda Ln, Salem, OR 97306
Natalie Rybakov • HomeSmart Realty Group
3D WALKTHROUGH
$1,599,000
3 beds3 baths3,880 sq ft
3509 Torrey Pnes S, Salem, OR 97302
OPEN SUN, 1PM TO 3PM
$419,900
3 beds2 baths1,342 sq ft
436 High St N, Monmouth, OR 97361
$499,000
4 beds2.5 baths1,792 sq ft
327 Broad St S, Monmouth, OR 97361
SHORT SALE
$435,000
3 beds2 baths1,574 sq ft
1363 Jefferson St, Independence, OR 97351
Catherine Underwood-Bush • Cheddar Realty LLC
$729,000
5 beds4 baths3,783 sq ft
3796 Illahe Hill Rd S, Salem, OR 97302
Erin Garibay • HomeSmart Realty Group

New listings for sale in 97351

NEW 11 HRS AGO
$149,999
3 beds2 baths1,296 sq ft
1220 Monmouth St #44, Independence, OR 97351
Listing provided by WVMLS
OPEN SAT, 12PM TO 3PM
$168,000
3 beds2 baths1,569 sq ft
141 S 17th St #19, Independence, OR 97351
Patrick Robison • Weichert, Realtors on Main Street
NEW 17 HRS AGO
$115,000
3 beds2 baths1,296 sq ft
141 S 17th St #35, Independence, OR 97351
Tiffany Hull • MORE Realty
$145,000
3 beds2 baths1,340 sq ft
1220 Monmouth St #37, Independence, OR 97351
Tiffany Hull • MORE Realty
$420,000
4 beds2.5 baths1,834 sq ft
860 Wild Rose Ct, Independence, OR 97351
Listing provided by WVMLS
$440,000
4 beds2 baths1,500 sq ft
1023 Randall Way, Independence, OR 97351
Listing provided by WVMLS

Home values near 540 S Main St

Data from public records.

More real estate resources

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