Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$357,212$331 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1040 MONMOUTH ST

INDEPENDENCE, OR 97351
2
Beds
1
Baths
1,080 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1934
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
8
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$357K
$316K low$398K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$259,058
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$207,246
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.29%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$68,832
US BANK NA · recorded Jun 13, 2003
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$29,322
US BANK NA

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,065 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$172,970 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$63,990
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$108,980
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$167,940
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$375,460

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.52 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPOLK
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1980
Lot (acres)The size of the land the home sits on, from county records.0.26
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Floor/Wall Furnace
CoolingThe type of cooling or air conditioning in the home.Wall Unit
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Traffic
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 168 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Independence Elementary SchoolB-
Elementary · Grades KG–5 · 0.5 mi
H
Central High SchoolC
High · Grades 9–12 · 0.6 mi
M
Talmadge Middle SchoolC
Middle · Grades 6–8 · 0.7 mi

District: Central School District 13j

Neighborhood · ZIP 97351These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.77
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.175

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.12,271
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.240 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,961
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89,161
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1040 Monmouth St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Polk County
  • Costs more per square foot than 88% of homes in Polk County
  • Smaller than 89% of homes in Polk County
  • Has a bigger lot than 72% of homes in Independence 97351
  • Older than 94% of homes in Polk County

What homes are worth in Independence 97351

Each bar is how many homes fall in that price range. The marker is this home.

This home
$263K$913K

This home is worth more than 21% of homes in Independence 97351.

How it measures up in Independence 97351

The dot is this home. The mark in the middle is the typical home in Independence 97351.

Estimated value$357,212
CheaperTypical $415,782Pricier

Pricier than 21% of homes nearby

Price per ft²$331
CheaperTypical $289Pricier

Pricier than 78% of homes nearby

Living area1,080 ft²
SmallerTypical 1,512 ft²Bigger

Bigger than 16% of homes nearby

Lot size0.26 ac
SmallerTypical 0.19 acBigger

Bigger than 72% of homes nearby

Year built1934
OlderTypical 1995Newer

Newer than 10% of homes nearby

How 1040 Monmouth St ranks against every home in each area.
MeasureThis homeIndependence 97351Polk County
Estimated valuepricier than$357,21221% of homes15% of homes
Price per ft²pricier than$33178% of homes88% of homes
Living areabigger than1,080 ft²16% of homes11% of homes
Lot sizebigger than0.26 ac72% of homes70% of homes
Year builtnewer than193410% of homes6% of homes

About 1040 Monmouth St

How much is 1040 Monmouth St, Independence, OR worth?

The TopHap Estimate for 1040 Monmouth St, Independence, OR is $357,212 as of Jul 14, 2026. The likely range is $316,250 to $398,174. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1040 Monmouth St, Independence, OR last sell?

1040 Monmouth St, Independence, OR last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 1040 Monmouth St, Independence, OR?

1040 Monmouth St, Independence, OR has 2 bedrooms, 1 bathrooms, 1,080 square feet of living space and a 0.26-acre lot.

When was 1040 Monmouth St, Independence, OR built?

1040 Monmouth St, Independence, OR was built in 1934, making it 92 years old. The building has 1 story.

What schools serve 1040 Monmouth St, Independence, OR?

1040 Monmouth St, Independence, OR is assigned to Independence Elementary School (elementary), rated B-; Central High School (high), rated C; Talmadge Middle School (middle), rated C. All sit in Central School District 13j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1040 Monmouth St, Independence, OR compare to other homes in Independence 97351?

Among the 3,175 homes in Independence 97351, it is worth more than 21% of them ($357,212 against a typical $415,782), its price per square foot is higher than 78% of them ($331 against a typical $289), it is bigger than 16% of them (1,080 ft² against a typical 1,512 ft²), its lot is bigger than 72% of them (0.26 ac against a typical 0.19 ac) and it is newer than 10% of them (1934 against a typical 1995). Measured against all of Polk County, it is worth more than 15% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1040 Monmouth St, Independence, OR?

The 2025 property tax bill for 1040 Monmouth St, Independence, OR was $3,065. The county assessed it at $172,970.

Closest homes

More homes in Independence 97351

Assigned schools

Explore the area

See this home in context

Open 1040 Monmouth St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map