$1,045,000
$205K PRICE DROP

Estimated payment $6,210/month

Total Views 4,477
4 Beds
1.5 Baths
3,490 Sq Ft
$299 Price per Sq Ft

Highlights

  • RV Access or Parking
  • 7.14 Acre Lot
  • Main Floor Primary Bedroom
  • West Albany High School Rated 9+
  • Wood Flooring
  • Covered patio or porch

About This Home

1st Time on Market in decades! Rare 7.14-ac estate near downtown. Expansive 4-bd, 1.5-ba w/ 3,400+ SF home, 20x24 shop, & multiple outbuildings. Zoned RR w/future R-10 potential. Ideal for hobby farm, multi-gen living, or development— 8-unit housing, 2nd home or assisted living (w/septic). Includes 2 wells, greenhouse, Generac generator, central A/C, and more. Just 1 mi from town & near golf courses. Endless investment upside in a prime N. Albany location. View extended Rmks & Assoc Docs for more details. First time on market in decades! This expansive 4-bed, 1.5-bath home (approx. 3,000 sq ft including full basement) sits just 1 mile from downtown Albany and steps from two golf courses. Property includes a detached 20x24 shop, oversized 2-car garage, covered and open patios, and a nearly completed 20x12 greenhouse. Also features a second outbuilding with ADU or storage potential, two private wells, full-house Generac generator, central A/C, and gas fireplace. Located in a 500-year floodplain (Zone X). Currently zoned RR, but eligible for R-10 rezoning with future city sewer access – offering excellent long-term development upside. Ideal for multi-generational living, hobby farming, or patient investors seeking a prime North Albany parcel. Opportunities like this rarely come available. VIEW Associated Docs for Engineering Letter and potential cottage and duplex layouts on the land.

Listing Agent

Jason Cadwell

JMG JASON MITCHELL GROUP-ALBANY License #200101048 Listed on: 05/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1945

Lot Details

  • 7.14 Acre Lot
  • Partially Fenced Property
  • Property is zoned RR

Home Design

  • Tri-Level Property
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,490 Sq Ft Home
  • Workshop
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch
  • Shop

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Well
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,121

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 3 Tri-Level
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Range Included
  • Syndicated Remarks: 1st Time on Market in decades! Rare 7.14-ac estate near downtown. Expansive 4-bd, 1.5-ba w/ 3,400+ SF home, 20x24 shop, & multiple outbuildings. Zoned RR w/future R-10 potential. Ideal for hobby farm, multi-gen living, or development— 8-unit housing, 2nd home or assisted living (w/septic). Includes 2 wells, greenhouse, Generac generator, central A/C, and more. Just 1 mi from town & near golf courses. Endless investment upside in a prime N. Albany location. View extended Rmks & Assoc Docs for more details. First time on market in decades! This expansive 4-bed, 1.5-bath home (approx. 3,000 sq ft including full basement) sits just 1 mile from downtown Albany and steps from two golf courses. Property includes a detached 20x24 shop, oversized 2-car garage, covered and open patios, and a nearly completed 20x12 greenhouse. Also features a second outbuilding with ADU or storage potential, two private wells, full-house Generac generator, central A/C, and gas fireplace. Located in a 500-year floodplain (Zone X). Currently zoned RR, but eligible for R-10 rezoning with future city sewer access – offering excellent long-term development upside. Ideal for multi-generational living, hobby farming, or patient investors seeking a prime North Albany parcel. Opportunities like this rarely come available. VIEW Associated Docs for Engineering Letter and potential cottage and duplex layouts on the land.
  • Year Built: 1945
  • Home Style2: 3 Tri-Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Flooring: Carpet, Wood
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Additional Room: On Level: Lower/Basement
  • Basement: Full
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Workshop
  • Price Per Sq Ft: 299.43
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 299.43

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Out Buildings: Separate Shop
  • Roof: Metal Or Aluminum
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Forced Air
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well

Lot Info

  • Acres: 7.14
  • Estimated Lot Sq Ft: 311018
  • Lot: 1500
  • Price Per Acre: 146358.54
  • Rv Amenities: Area/Room For
  • Zoning: RR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 002174
  • Tax Amount: 5121

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,121 $272,155 -- --
2023 $4,823 $264,040 $0 $0
2022 $4,753 $256,535 $0 $0
2021 $4,502 $249,065 $0 $0
2020 $4,556 $241,811 $0 $0
2019 $4,299 $234,768 $0 $0
2018 $4,318 $227,929 $0 $0
2017 $4,192 $221,291 $0 $0
2016 $3,737 $214,845 $0 $0
2015 $3,770 $208,588 $0 $0
2014 $3,721 $202,512 $0 $0
2012 -- $190,887 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2025 07/06/25 Price Changed $1,045,000 -16.4% $299 / Sq Ft
05/05/2025 05/05/25 For Sale $1,250,000 -- $358 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Similar Homes in Albany, OR

  • 840 Springhill Dr NW, Albany, OR 97321

    $1,145,000

    • 3 Beds
    • 4 Baths
    • 3,730 Sq Ft
    • 840 Springhill Dr NW
    • Albany, OR

    Nestled on a private gated driveway, this well built 3,730 sqft home on 3.34 acres blends luxury with serene rural living. Featuring three spacious bedrooms and four bathrooms, it boasts an expansive kitchen, cozy loft, and large windows that flood the space with light. The primary suite is a true sanctuary with a spa-like bathroom.Enjoy sunny afternoons in the in-ground pool, surrounded by lush

    Paul Terjeson Keller Williams Realty Mid-Willamette

    Section Image
  • 1977 NW Penrose Ave, Albany, OR 97321

    $765,000

    • 4 Beds
    • 3.5 Baths
    • 3,675 Sq Ft
    • 1977 NW Penrose Ave
    • Albany, OR

    Exclusive Multigenerational Living with Expansive Views! Welcome to a home that defines modern living. Nestled in a serene location, this property offers an inviting retreat for those seeking comfort & a luxurious lifestyle. Property includes 4 spacious bedrooms, 3.5 bathrooms, primary suite on main level, both bonus room and game room with wet bar. Notice newer roof and exterior paint,

    Marty Fulford CONNECTED REAL ESTATE GROUP

    Section Image
  • 862 NW Edgewood Dr, Albany, OR 97321

    $898,500

    • 4 Beds
    • 3 Baths
    • 4,214 Sq Ft
    • 862 NW Edgewood Dr
    • Albany, OR

    Discover the perfect balance of comfort, space, and versatility in this beautifully designed home nestled on a serene 2.26 acre property with impressive mountain views. Thoughtfully laid out and convenience of main-level living with a spacious primary suite, while a lower level family room provides additional space for relaxation, recreation, or multi-generational living with separate entrance.

    ERIK ATKINSON TOWN & COUNTRY REALTY

    Section Image
  • 3530 NW Mariposa Dr, Albany, OR 97321

    $875,000

    • 4 Beds
    • 3 Baths
    • 3,076 Sq Ft
    • 3530 NW Mariposa Dr
    • Albany, OR

    Extremely rare opportunity in Northwest Albany on coveted Mariposa Drive! This meticulously maintained daylight ranch lives large with 4 beds, 3 baths, and 3076 sf of prime living area on 2.13 picturesque acres. Relax and host outdoor gatherings on 900 sf of spacious decking floating in the trees. Inside, natural light pours through the south-facing wall of windows into the living room and dining

    Anthony Piff Opt

    Section Image
  • 35968 Bryant Dr SW, Albany, OR 97321

    $1,150,000

    • 5 Beds
    • 3 Baths
    • 3,520 Sq Ft
    • 35968 Bryant Dr SW
    • Albany, OR

    This stunning property offers the perfect blend of modern elegance and country charm. Ideal for horse lovers, the land features pasture area, a 2-stall barn, and plenty of room to roam. Thoughtfully renovated mid-century modern home has open-concept layout upstairs, potential dual living downstairs and a climate-controlled wine room. Separate studio space is ideal for creatives or remote work.

    Stephanie Spann JMG JASON MITCHELL GROUP

    Section Image
  • 0 Powers (Lot 3) Ave NW Unit 825003, Albany, OR 97321

    $1,100,000

    • 4 Beds
    • 3.5 Baths
    • 2,900 Sq Ft
    • 0 Powers (Lot 3) Ave NW
    • Unit 825003
    • Albany, OR

    Your dream home awaits! A Northwest Custom Construction development. This community gives you the opportunity to design your home, customize your finishes, and build your future on 2 acres of land. House plans displayed are examples, as this is a build-to-suit opportunity. Bring your own house plan or schedule a design construction to customize your oasis. Want and ADU/ Shop/ Pool? We got you

    MacLayne Westberg REAL BROKER

    Section Image
  • 3 NW Powers Ave, Albany, OR 97321

    $1,100,000

    • 4 Beds
    • 3.5 Baths
    • 2,900 Sq Ft
    • 3 NW Powers Ave
    • Albany, OR

    Your dream home awaits! A Northwest Custom Construction development. This community gives you the opportunity to design your home, customize your finishes, and build your future on 2 acres of land. House plans displayed are examples, as this is a build-to-suit opportunity. Bring your own house plan or schedule a design consultation to customize your oasis. Want an ADU/Shop/Pool? We got you

    MacLayne Westberg Real Broker

    Section Image
  • 4910 NW Scenic Dr, Albany, OR 97321

    $998,000

    • 4 Beds
    • 2.5 Baths
    • 2,895 Sq Ft
    • 4910 NW Scenic Dr
    • Albany, OR

    Imagine a glass of wine on one of the decks! Welcome to the quieter end of Scenic Drive. This beautiful home, built on nearly an acre in 2013, has 4 BR,(primary on the main!) mountain views, 25 X 30 shop & pavilion! Open floor plan, elegant kitchen w/custom, solid cherry hardwood finishes, professional range is perfect for indoor/outdoor entertaining. RV parking & power hook-up, paved driveway

    Anne Fahy HOMESMART REALTY GROUP - CORVALLIS

    Section Image
  • 36038 Riverside Dr SW, Albany, OR 97321

    $768,900

    • 4 Beds
    • 2.5 Baths
    • 1,869 Sq Ft
    • 36038 Riverside Dr SW
    • Albany, OR

    Accepted Offer with Contingencies. Country living w/ easy access to Albany, Corvallis. Well-maintained 1800+Sq ft., 4bedrooms 2.5 bath, built '97. Country-kitchen/dining w/ vaulted ceiling, ample counters/cabinets. 2.5acres w/ 3-stall barn, coop, greenhouse, no-spray garden. Beautiful koi pond is a locus of tranquility: relax to the sounds of waterfall and nesting songbirds. Recent upgrades:

    John Tacke NORTHWEST REALTY CONSULTANTS

    Section Image

Source: Willamette Valley MLS

MLS Number: 828739

Willamette Valley MLS

APN: 002174