NOT LISTED FOR SALE

0 Vacant Lot Adj Oak Grove Dr NW Unit 793868 Albany, OR 97321

Estimated Value: $187,000 - $226,000

7.78 Acres
$26,542 Price per Acre
338,897 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $160,000

Est. 29% increase in value since last sale

Current estimated payment $1,237/month

About This Lot

As of October 2022

Room to grow! 7.78+- Acres in rural N. Albany. Acreage is zoned RR-2 & is close to newer developments & school. County states property may be built on w/ 2 acre min. tracts. Property is being sold "as-is". Do not go onto property without prior appointment. No road access at this time but does have recorded easement. Seller has no knowledge of approved uses. Buyers to do their own due diligence regarding development possibilities w/governing bodies. Sellers are related to active licensed Real Estate broker.

Last Agent to Sell the Property

Troy Morris

EXCEL REAL ESTATE License #900600312 Listed on: 06/13/2022

Last Buyer's Agent

Troy Morris

EXCEL REAL ESTATE License #900600312 Listed on: 06/13/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,488

Lot Details

  • 7.78 Acre Lot
  • Irregular Lot
  • Property is zoned RR-2

Property Views

  • Territorial Views

Community Details

  • Holley Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block M&B / M&B

Property Details

Property Type

Land

Est. Annual Taxes

$1,488

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Room to grow! 7.78+- Acres in rural N. Albany. Acreage is zoned RR-2 & is close to newer developments & school. County states property may be built on w/ 2 acre min. tracts. Property is being sold "as-is". Do not go onto property without prior appointment. No road access at this time but does have recorded easement. Seller has no knowledge of approved uses. Buyers to do their own due diligence regarding development possibilities w/governing bodies. Sellers are related to active licensed Real Estate broker.
  • Cross Street: Oak Grove Dr NW
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 20565.55
  • Price Per Sq Ft: 0.59

Exterior Features

  • View: Territorial
  • Access: Easement

Utilities

  • High Speed Communications: Unknown

Schools

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

Lot Info

  • Acres: 7.78
  • Estimated Lot Dimensions: Irreg
  • Estimated Lot Sq Ft: 338897
  • Flood Plain: Unknown
  • Lot: M&B
  • Lot Type: Irregular
  • Price Per Acre: 25694.09
  • Zoning: RR-2
  • Approved for Manufactured Home: Unknown
  • Surveyed: Unknown
  • Geo Subdivision: OR
  • Map Parcel Number: 10434AA02500

Tax Info

  • Tax Account Number: 013403
  • Tax Amount: 1488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Oct 18, 2022
Sold by
Chan Kin Foo
Bought by
Gordon Chan Trust
Seller's Agent
Troy Morris
EXCEL REAL ESTATE
Buyer's Agent
Troy Morris
EXCEL REAL ESTATE
List Price
$269,900
Sold Price
$160,000
Premium/Discount to List
-$109,900
-40.72%
Views
34
Current Estimated Value
$206,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,500
Avg. Annual Appreciation
4.03%
Original Mortgage
$140,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 13, 2022
Closed on
Oct 14, 2022
Sold by
Gordon Chan Revocable Trust
Bought by
Hightower Construction Inc
Seller's Agent
Troy Morris
EXCEL REAL ESTATE
Buyer's Agent
Troy Morris
EXCEL REAL ESTATE
List Price
$269,900
Sold Price
$160,000
Premium/Discount to List
-$109,900
-40.72%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 14, 2007
Sold by
Chan Gordon
Bought by
Chan Gordon and Gordon Chan Revocable Trust
Source: Public Records

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
Gordon Chan Trust -- Fidelity National Title
Gordon Chan Revocable Trust -- Fidelity National Title
Hightower Construction Inc $160,000 Fidelity National Title
Chan Gordon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hightower Construction Inc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $160,000 -20.0% --
07/15/2022 07/15/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $199,900 -25.9% --
06/13/2022 06/13/22 For Sale $269,900 -- --
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 $1,644 $117,251 -- --
2023 $1,549 $113,836 $0 $0
2022 $1,533 $110,520 $0 $0
2021 $1,444 $107,301 $0 $0
2020 $1,465 $104,176 $0 $0
2019 $1,338 $101,142 $0 $0
2018 $1,346 $98,196 $0 $0
2017 $1,307 $95,336 $0 $0
2016 $1,187 $92,559 $0 $0
2015 $1,171 $89,863 $0 $0
2014 $1,139 $87,246 $0 $0
2012 -- $82,238 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Troy Morris

    EXCEL REAL ESTATE

    (503) 507-3368

    117 Total Sales

    Troy Morris
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Map

Source: Willamette Valley MLS

MLS Number: 793868

Willamette Valley MLS

APN: 013403

Oregon Benton County Albany 97321

0 Vacant Lot Adj Oak Grove Dr NW Unit 793868, Albany, OR

This home is located at 0 Vacant Lot Adj Oak Grove Dr NW Unit 793868, Albany, OR 97321 since 13 June 2022 and is currently estimated at $206,500. 0 Vacant Lot Adj Oak Grove Dr NW Unit 793868 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

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