NOT LISTED FOR SALE

420 Clover Ridge Rd NE Albany, OR 97322

East Albany Neighborhood

Estimated Value: $476,000 - $499,362

0.94 Acre
$518,810 Price per Acre
40,946 Sq Ft Lot

Last Sold November 25, 2024

Last sale price $480,000 $280 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,941/month

77 Days on Market

Highlights

  • 0.94 Acre Lot
  • Shed
  • High Speed Internet
  • Territorial View

About This Lot

As of November 2024

Fantastic development opportunity with this flat .94 acre lot with and 1712sf, 3 bed, 2 bath home! The parcel lies between Clover Ridge and Hummingbird with Water/Sewer on Clover Ridge, and Water/Sewer/Storm on Hummingbird. Sidewalks/curb/gutter on Clover Ridge. Zoned RS-5, there is potential for 6 total lots (3 on Hummingbird, 3 on Clover Ridge). Potential for townhomes or Middle Housing to bring higher density. Connection Charges have not been paid per City.Refer to #821038

Last Listed By

Brandon Hanson

AndCo REAL ESTATE License #201206837 Listed on: 09/06/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,559

Year Built

  • 1941

Lot Details

  • 0.94

Schools

  • Clover Ridge Elementary School
  • Timber Ridge Middle School
  • South Albany High School

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Territorial Views
  • Shed
  • 0.94 Acre Lot

Listing and Financial Details

  • Tax Block 1

Property Details

Property Type

Land

Est. Annual Taxes

$2,559

Year Built

1941

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Fantastic development opportunity with this flat .94 acre lot with and 1712sf, 3 bed, 2 bath home! The parcel lies between Clover Ridge and Hummingbird with Water/Sewer on Clover Ridge, and Water/Sewer/Storm on Hummingbird. Sidewalks/curb/gutter on Clover Ridge. Zoned RS-5, there is potential for 6 total lots (3 on Hummingbird, 3 on Clover Ridge). Potential for townhomes or Middle Housing to bring higher density. Connection Charges have not been paid per City.Refer to #821038
  • Cross Street: Windy
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1941

Interior Features

  • Price Per Sq Ft: 510638.3
  • Price Per Sq Ft: 12.82

Exterior Features

  • Out Buildings: Shed
  • View: Territorial
  • Access: Paved

Utilities

  • Cable TV: Available
  • Electricity: Yes
  • High Speed Communications: Available

Schools

  • Elementary School: Clover Ridge
  • Middle School: Timber Ridge
  • High School: South Albany

Lot Info

  • Acres: 0.94
  • Estimated Lot Sq Ft: 40946
  • Price Per Acre: 558510.64
  • Approved for Manufactured Home: Unknown
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 70629
  • Tax Amount: 2559

MLS Schools

  • HighSchool: South Albany
  • Middle School: Timber Ridge
  • Elementary School: Clover Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 18, 2024
Sold by
Taylor Seth Jason
Bought by
Steve P Investments Llc
Seller's Agent
Brandon Hanson
AndCo REAL ESTATE
List Price
$575,000
Sold Price
$480,000
Premium/Discount to List
-$95,000
-16.52%
Total Days on Market
77
Views
21
Current Estimated Value
$487,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,681
Avg. Annual Appreciation
24.37%

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 18, 2019
Sold by
Parsons Pamela Sue Gates and Hutcheson Pamela
Bought by
Taylor Seth
Seller's Agent
Delene Myers
RE/MAX INTEGRITY ALBANY BRANCH
Buyer's Agent
Seth Taylor*
CADWELL REALTY GROUP
List Price
$285,000
Sold Price
$271,500
Premium/Discount to List
-$13,500
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$310,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2008
Sold by
Kauffman Benjamin
Bought by
Hutcheson Steven Paul and Hutcheson Pamela

Purchase Details

Closed on
May 30, 2006
Sold by
Kauffman Rachel L
Bought by
Kauffman Ben

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Steve P Investments Llc $480,000 Ticor Title
Steve P Investments Llc $480,000 Ticor Title
Taylor Seth $271,500 Ticor Title
Hutcheson Steven Paul $236,300 Lawyers Title Insurance Corp
Kauffman Ben $13,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Seth $310,000
Previous Owner Kauffman Benjamin $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $480,000 0.0% $280 / Sq Ft
11/25/2024 11/25/24 Sold $480,000 -8.6% $280 / Sq Ft
10/01/2024 10/01/24 Price Changed $525,000 0.0% $307 / Sq Ft
10/01/2024 10/01/24 Price Changed $525,000 -8.7% $307 / Sq Ft
09/09/2024 09/09/24 For Sale $575,000 0.0% $336 / Sq Ft
09/09/2024 09/09/24 For Sale $575,000 +111.8% $336 / Sq Ft
10/24/2019 10/24/19 Sold $271,500 -4.7% $159 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $285,000 -- $166 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

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 $2,632 $130,760 -- --
2023 $2,559 $126,960 $0 $0
2022 $1,825 $123,270 $0 $0
2021 $1,701 $119,680 $0 $0
2020 $1,690 $116,200 $0 $0
2019 $1,655 $112,820 $0 $0
2018 $1,612 $109,540 $0 $0
2017 $1,570 $106,350 $0 $0
2016 $1,443 $103,260 $0 $0
2015 $1,424 $100,260 $0 $0
2014 $1,384 $97,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Willamette Valley MLS

MLS Number: 821202

Willamette Valley MLS

APN: 0070629