$540,000
SOLD DEC 24, 2024

505 NW Thornton Lake Dr Albany, OR 97321

North Albany Neighborhood
4 Beds
2 Baths
3,124 Sq Ft
0.9 Acres

Recently Sold

$173 Per Sq Ft

17% Below List Price

17 Days on Market

Highlights

  • RV or Boat Parking
  • 0.9 Acre Lot
  • Outdoor Fireplace
  • West Albany High School Rated 9+
  • Territorial View
  • Private Yard

About This Home

As of December 2024

2 HOMES + SHOP on .9 Acre lot backing up to school property! Main home was built in 1914, has 3 beds, 2 baths and features a newer gas furnace, and ADA amenities. Outside offers an awesome outdoor fire pit area, fruit trees, and a private setting. Large shop has 10,000lb car lift, overhead door, loft, and lean-to. The property also has a 2002 built, 3bed, 2 bath manufactured home (hardship). Both homes connected to city sewer and share a well. Zoned RS6.5 (6500sf lot min) offers the potential to partition!

Last Agent to Sell the Property

Brandon Hanson

AndCo Real Estate License #201206837

Last Buyer's Agent

Lawrence Potts

Loraditch Ranch and Home Real Estate License #201244569

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 1914

Lot Details

  • 0.9 Acre Lot
  • Level Lot
  • Cleared Lot
  • Private Yard

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,124 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry Room
  • Territorial Views
  • Free-Standing Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • Workshop in Garage
  • Off-Street Parking
  • RV or Boat Parking

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors
  • Accessible Approach with Ramp
  • Level Entry For Accessibility
  • Accessible Entrance

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

  • North Albany Elementary And Middle School
  • West Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 001804

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,610

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1914
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleApproachwithRamp, AccessibleDoors, AccessibleEntrance, AccessibleHallway, MainFloorBedroomBath, OneLevel, UtilityRoomOnMain
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: Laundry
  • Basement: Unfinished
  • Window Features: WoodFrames
  • Appliances: FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Exterior Features: OutdoorFireplace, Patio, RVParking, RVBoatStorage, Workshop, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Cleared, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: OffStreet, ParkingPad
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: Other
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: North Albany
  • High School: West Albany
  • Middle Or Junior School: North Albany

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.9
  • Lot Size Sq Ft: 39204.0
  • Parcel #: 001804

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral Desc: VA
  • Tax Deferral: Yes
  • Tax Year: 2023
  • Tax Annual Amount: 3610.08

Map

Range of Values:

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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
12/24/2024 12/24/24 Sold $540,000 -16.9% $173 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $650,000 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,716 $197,480 -- --
2023 $3,502 $191,728 $0 $0
2022 $3,449 $186,144 $0 $0
2021 $3,266 $50,890 $0 $0
2020 $3,306 $175,458 $0 $0
2019 $3,119 $170,348 $0 $0
2018 $3,133 $165,386 $0 $0
2017 $3,042 $160,569 $0 $0
2016 $2,816 $155,892 $0 $0
2015 -- $151,351 $0 $0
2014 -- $146,943 $0 $0
2012 -- $41,970 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Construction
Open $330,000 Construction
Source: Public Records

Deed History

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

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See All Homes in Albany

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24687160

Regional Multiple Listing Service (RMLS)

APN: 001804

Oregon Benton County Albany 97321 North Albany

505 NW Thornton Lake Dr, Albany, OR

Homes for Sale in Albany, OR

This home is located at 505 NW Thornton Lake Dr, Albany, OR 97321 and is currently priced at $540,000, approximately $172 per square foot. This property was built in 1914. 505 NW Thornton Lake Dr is a home located in Benton County with nearby schools including North Albany Elementary School, North Albany Middle School, and West Albany High 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.