$540,000
SOLD MAR 5, 2025

1562 NW Penny Ln Albany, OR 97321

North Albany Neighborhood
3 Beds
2.5 Baths
1,764 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$306 Per Sq Ft

29 Days on Market

Highlights

  • Living Room with Fireplace
  • Territorial View
  • Den
  • Oak Grove Intermediate School Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of March 2025

Well maintained home in desirable NW Albany neighborhood. The open floor plan is perfect for entertaining. The main living area is open with kitchen, dining, and living room as well as an office/den that is great for working from home. The back yard is large with raised garden beds and a patio that has a trellis cover for entertaining. The primary suite is large with walk-in closet and beautiful primary bath. The roof and furnace were both replaced in 2020. OPEN HOUSE IS CANCELLED

Last Agent to Sell the Property

JOEL GETSFRID

KELLER WILLIAMS REALTY MID WILLAMETTE License #201222139

KELLER WILLIAMS REALTY MID WILLAMETTE

Last Buyer's Agent

CHANDRA REYNOLDS

HOMESMART REALTY GROUP License #201207897

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,077

Year Built

  • Built in 1996

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Den
  • Territorial Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

  • Oak Grove Elementary School
  • North Albany Middle School
  • West Albany High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Gibson Hill Subdivision

Listing and Financial Details

  • Exclusions: Tonal Exercise Machine
  • Tax Lot 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,077

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Well maintained home in desirable NW Albany neighborhood. The open floor plan is perfect for entertaining. The main living area is open with kitchen, dining, and living room as well as an office/den that is great for working from home. The back yard is large with raised garden beds and a patio that has a trellis cover for entertaining. The primary suite is large with walk-in closet and beautiful primary bath. The roof and furnace were both replaced in 2020. OPEN HOUSE IS CANCELLED
  • Cross Street: Gibson Hill
  • Year Built: 1996
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tonal Exercise Machine
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Refrigerator, Murphy Bed
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Bonus Rooms: Den
  • Price Per Sq Ft: 306.12
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 306.12

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School: Oak Grove
  • Middle School: North Albany
  • High School: West Albany

Lot Info

  • Acres: 0.2
  • Estimated Lot Sq Ft: 8712
  • Lot: 28
  • Price Per Acre: 2700000
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 356994
  • Tax Amount: 6077

MLS Schools

  • HighSchool: West Albany
  • Middle School: North Albany
  • Elementary School: Oak Grove

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $540,000 0.0% $306 / Sq Ft
02/04/2025 02/04/25 For Sale $540,000 +44.0% $306 / Sq Ft
04/24/2020 04/24/20 Sold $375,000 -3.8% $211 / Sq Ft
03/25/2020 03/25/20 For Sale $389,900 -- $219 / Sq Ft
Source: Willamette Valley MLS

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 $6,077 $323,010 -- --
2023 $5,728 $313,602 $0 $0
2022 $5,642 $304,468 $0 $0
2021 $5,343 $295,600 $0 $0
2020 $5,407 $286,990 $0 $0
2019 $5,102 $278,631 $0 $0
2018 $5,125 $270,516 $0 $0
2017 $4,887 $262,637 $0 $0
2016 $4,411 $254,987 $0 $0
2015 $4,189 $245,310 $0 $0
2014 $4,129 $240,310 $0 $0
2012 -- $244,022 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $330,350 New Conventional
Previous Owner $337,500 New Conventional
Previous Owner $53,300 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $540,000 Ticor Title
Warranty Deed $375,000 Ticor Title
Source: Public Records

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See All Homes in Albany

Source: Willamette Valley MLS

MLS Number: 824730

Willamette Valley MLS

APN: 356994

Oregon Benton County Albany 97321 North Albany

1562 NW Penny Ln, Albany, OR

Homes for Sale in Albany, OR

This home is located at 1562 NW Penny Ln, Albany, OR 97321 and is currently priced at $540,000, approximately $306 per square foot. This property was built in 1996. 1562 NW Penny Ln is a home located in Benton County with nearby schools including Oak Grove Intermediate School, Fir Grove Primary School, and North Albany Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson