Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 04/27/2005
  • Map Image
  • Map Image
  • Map Image

1400 Falcon Loop, Independence, OR 97351

$816,000

Last sold 04/27/2005 for $338K

  • —

    bed

  • —

    bath

  • 4,019

    Sqft ($84/Sqft)

Multi-family not for sale
Learn about Independence's top local Real Estate agents

About 1400 Falcon Loop

Property type Multi-family
Neighborhood
Year built 2004
HOA fee $0/month
Lot size 0.25 Acre
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
This multi-family property is located at 1400 Falcon Loop, Independence, OR, 97351 in Polk County and was built in 2004. The property offers 4,019 square feet of living space on a 10,890 sq ft (0.25-acre) lot. It is served by municipal water and sewer. Parking includes a 4-car garage. The estimated market value is $816,000, approximately $203 per square foot.
Overview
Cooling/AC None
Heating Zoned
MLS # 317935931
Type Multi Family
Status Active
Lot Size (SqFt) 10890
Lot Size (Acres) 0.25
Property Tax 7316.83
Year Built 2004
Exterior
Roof Composition
# Parking Spaces 4
# Garage Spaces 4
Exterior Features LapSiding, VinylSiding
Lot Desc Level, Seasonal
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Seasonal, TreesWoods
County Polk
Subdivision Ash Creek
Area 167 - Polk Co: Except Salem
Elementary School Ash Creek
Middle School Talmadge
High School Central
Zoning RM
Directions Monmoth St> S 13th St> FSt> Falcon Loop
APN 565313
Multifamily Details
Unit Type 3: Total Baths 2
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 4: Total Baths 2
Unit Type 2: Total Baths 2
Unit Type 4: # Bedrooms 2
Unit Type 1: Rent 1004
Unit Type 4: Rent 1004
Unit Type 3: Rent 1004
Unit Type 2: Rent 1004
Total # of Units 4
Gross Rent Multiplier 12.48
Net Operating Income 46311
Operating Expense 22618
Gross Income 68903
Cap Rate 5.38
Lot/ Land Details
Road Surface Paved
$816K
Range: $718K-$913K
Last 30 days 
Rental est.: $1,675/month
Gross rent multiplier: 16.8
  • Oct 2026
  • Oct 17, 2026 Delisted
    $860,000
  • Sep 4, 2026 Listed
    $860,000 (+154.4%)
  • Apr 2005
    Public Records
  • Apr 27, 2005 Sold
    $338,000 (+156.1%)
  • Nov 2004
    Public Records
  • Nov 10, 2004 Sold
    $131,962
  • Year Property taxes Tax assessment
  • 2025
    $7,317 +3.8%
    $400,910 +3.0%
  • 2024
    $7,050 -2.5%
    $389,240 +3.0%
  • 2023
    $7,231 +8.9%
    $377,910 +3.0%
  • 2022
    $6,638 +1.1%
    $366,910 +3.0%
  • 2021
    $6,564 +2.7%
    $356,230 +3.0%
  • 2020
    $6,393 +2.7%
    $345,860 +3.0%
  • 2019
    $6,227 +3.3%
    $335,790 +3.0%
  • 2018
    $6,028 +0.6%
    $326,010 +3.0%
  • 2017
    $5,995 -1.8%
    $316,520 +3.0%
  • 2016
    $6,106
    $307,310
  • 1400 Falcon Loop
    $338K
  • 167 - Polk Co: Except Salem
    —
  • 97351
    $459K -3% y/y
  • Independence
    $459K -5% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
5/10
Ash Creek Elementary School
public Grades K-5
Central School District 13j
3/10
Talmadge Middle School
public Grades 6-8
Central School District 13j
4/10
Central High School
public Grades 9-12
Central School District 13j
Source: GreatSchools.org © 2026. All rights reserved.

Around 167 - Polk Co: Except Salem

Explore everything this neighborhood has to offer.
View homes for sale in 97351, OR
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Independence, OR

Nearby homes for sale in Independence, OR

Newest listings in 97351

  • Real Estate
  • OR
  • Polk County
  • Independence
  • 97351
  • 1400 Falcon Loop
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.