NOT LISTED FOR SALE

1014 Morse Ln SW Albany, OR 97321

South Albany Neighborhood

Estimated Value: $434,736 - $438,000

3 Beds
2 Baths
1,541 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $169,900 $110 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,703/month

11 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Workshop
  • West Albany High School Rated 9+
  • Covered Patio or Porch
  • Fenced Yard

About This Home

As of March 2014

This home is located at 1014 Morse Ln SW, Albany, OR 97321 since 31 January 2013 and is currently estimated at $436,368, approximately $283 per square foot. This property was built in 1980. 1014 Morse Ln SW is a home located in Linn County with nearby schools including Liberty Elementary School, Memorial Middle School, and West Albany High School.

Last Agent to Sell the Property

Neil Schmidt

JMG JASON MITCHELL GROUP-ALBANY License #201105024 Listed on: 01/31/2013

Co-Listed By

Katy Rosecrans

SMI REAL ESTATE License #200402282

Last Buyer's Agent

Susan Reed

OREGON REALTY NW License #200404282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 1980

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Workshop

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Frig, W/D
  • Legal Lot and Block 2 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Well kept home with many upgrades. Roomy ranch floor plan with a nice vaulted family room. Kitchen upgrades include cabinetry, counters and appliances. "Seller may cancel this agreement prior to the ending date of the listing period without advance notice to Broker, and without payment of a commission or any other consideration if the property is conveyed to the mortgage insurer or the mortgage holder. The sale completion is subject to approval by the mortgagee."
  • Cross Street: Lanier
  • Year Built: 1980
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Exclusions: Frig, W/D
  • Fireplace: Living Room
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Workshop
  • Price Per Sq Ft: 110.25
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 110.25

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Present
  • Water: Connected, City
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With No Fee

Schools

  • Elementary School: Liberty
  • Middle School: Memorial
  • High School: West Albany

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6534
  • Lot: 2
  • Lot Type: Dimension Above
  • Price Per Acre: 1132666.67
  • Underground Sprinklers: Yes
  • Zoning: RES
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 12-13
  • Tax Account Number: 681904
  • Tax Amount: 2778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2013
Closed on
Mar 27, 2014
Sold by
Thibodeaux Patricia A
Bought by
Ramsey Kenth A and Ramsey Erin S
Seller's Agent
Neil Schmidt
JMG JASON MITCHELL GROUP-ALBANY
Buyer's Agent
Susan Reed
OREGON REALTY NW
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$436,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,468
Avg. Annual Appreciation
8.53%
Original Mortgage
$161,405
Outstanding Balance
$122,605
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$313,763

Purchase Details

Closed on
May 18, 2013
Sold by
Thibodeaux Patricia A
Bought by
Thibnodeaux Patricia A

Purchase Details

Closed on
May 15, 2009
Sold by
Thibodeaux William T and Thibodeaux Patricia A
Bought by
Thibodeaux William T and Thibodeaux Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,158
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2009
Sold by
Thibodeaux William T and Thibodeaux Patricia A
Bought by
Thibodeaux William T and Thibodeaux Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,158
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2005
Sold by
Thibodeaux William T and Thibodeaux Patricia A
Bought by
Thibodeaux William T and Thibodeaux Patricia A
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ramsey Kenth A $169,900 First American Title
Thibnodeaux Patricia A -- First American Title
Thibodeaux William T -- None Available
Thibodeaux William T -- Western Title & Escrow Compa
Thibodeaux William T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Kenth A $161,405
Previous Owner Thibodeaux William T $198,158
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $169,900 0.0% $110 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $169,900 -- $110 / 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 $4,556 $228,930 -- --
2023 $4,427 $222,270 $0 $0
2022 $4,357 $215,800 $0 $0
2021 $4,101 $209,520 $0 $0
2020 $4,046 $203,420 $0 $0
2019 $3,951 $197,500 $0 $0
2018 $3,849 $191,750 $0 $0
2017 $3,673 $186,170 $0 $0
2016 $3,164 $180,750 $0 $0
2015 $3,072 $175,490 $0 $0
2014 $2,927 $170,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Neil Schmidt

    Seller's Agent in 2014

    Neil Schmidt

    JMG JASON MITCHELL GROUP-ALBANY

    (541) 619-6494

    13 Total Sales

    Neil Schmidt
    Section Image
  • Katy Rosecrans

    Seller Co-Listing Agent in 2014

    Katy Rosecrans

    SMI REAL ESTATE

    (541) 905-1962

    2 in this area

    195 Total Sales

    Katy Rosecrans
    Section Image

  • S

    Buyer's Agent in 2014

    Susan Reed

    OREGON REALTY NW

    (541) 760-2729

    2 in this area

    29 Total Sales

    Susan Reed
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 660395

Willamette Valley MLS

APN: 0681904

Oregon Linn County Albany 97321 South Albany

1014 Morse Ln SW, Albany, OR

This home is located at 1014 Morse Ln SW, Albany, OR 97321 since 31 January 2013 and is currently estimated at $436,368, approximately $283 per square foot. This property was built in 1980. 1014 Morse Ln SW is a home located in Linn County with nearby schools including Liberty Elementary School, Memorial 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.

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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