NOT LISTED FOR SALE

1033 NW Gibson Hill Rd Albany, OR 97321

North Albany Neighborhood

Estimated Value: $949,000 - $1,304,752

2.76 Acres
$396,264 Price per Acre
120,226 Sq Ft Lot

Last Sold January 17, 2020

Last sale price $330,000 $168 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $7,161/month

21 Days on Market

Highlights

  • 2.76 Acre Lot
  • Territorial View
  • High Speed Internet
  • West Albany High School Rated 9+

About This Lot

As of January 2020

2.76 Acres of Prime Real Estate perfectly suited for either a custom home or to develop up to 9, 10,000 sqft lots. Water, sewer and electricity at the site along with improvements on 2 sides and 2 access points. Don't miss this amazing opportunity to own such a rare piece of acreage so close to Hwy 20 in N Albany! Old home was removed with permits and shop is ready to be put to use! Concept Plat in attached docs. Buyer responsible for all development due diligence.

Last Agent to Sell the Property

COURTNEY HARRIS

HOMESMART REALTY GROUP License #201209019 Listed on: 11/08/2019

HOMESMART REALTY GROUP

Last Buyer's Agent

Joel Moreno

JLM REAL ESTATE LLC License #201214616

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,117

Year Built

  • 1910

Lot Details

  • 2.76 Acre Lot
  • Lot Dimensions are 380x300
  • Property is zoned RS-10

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Territorial Views
  • Shop

Listing and Financial Details

  • Tax Lot 2100

Property Details

Property Type

Land

Est. Annual Taxes

$3,117

Year Built

1910

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: 2.76 Acres of Prime Real Estate perfectly suited for either a custom home or to develop up to 9, 10,000 sqft lots. Water, sewer and electricity at the site along with improvements on 2 sides and 2 access points. Don't miss this amazing opportunity to own such a rare piece of acreage so close to Hwy 20 in N Albany! Old home was removed with permits and shop is ready to be put to use! Concept Plat in attached docs. Buyer responsible for all development due diligence.
  • Cross Street: North Albany Rd
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1910

Interior Features

  • Price Per Sq Ft: 119565.22
  • Price Per Sq Ft: 2.91

Exterior Features

  • Out Buildings: Separate Shop
  • View: Territorial
  • Access: Unpaved
  • Fenced: Partial

Utilities

  • Water: City
  • Water Rights: Unknown
  • Cable TV: Available
  • Electricity: Yes
  • High Speed Communications: Available
  • Natural Gas: Available
  • Sewer Available: Yes
  • Telephone: Available

Schools

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

Lot Info

  • Acres: 2.76
  • Estimated Lot Dimensions: 380x300
  • Estimated Lot Sq Ft: 120226
  • Lot: 2100
  • Lot Type: Dimension Above
  • Price Per Acre: 126811.59
  • Zoning: RS-10
  • Approved for Manufactured Home: Unknown
  • Corners: Not Flagged
  • Surveyed: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 017768
  • Tax Account Number: 017768
  • Tax Amount: 3117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 14, 2020
Sold by
St Anne Orthodox Mission
Bought by
Moreno Moises C and Moreno Elaine S
Seller's Agent
COURTNEY HARRIS
HOMESMART REALTY GROUP
Buyer's Agent
Joel Moreno
JLM REAL ESTATE LLC
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Total Days on Market
21
Current Estimated Value
$1,093,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,688
Avg. Annual Appreciation
25.00%

Purchase Details

Listed on
Jun 20, 2014
Closed on
Sep 11, 2014
Sold by
Petty Walter V
Bought by
St Anne Orthodox Mission
Seller's Agent
Bill MacHugh
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$100,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2007
Sold by
Petty Oliver W
Bought by
Petty Oliver W and Petty Walter
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
Moreno Moises C $330,000 First American
St Anne Orthodox Mission $270,000 Ticor Title
Petty Oliver W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner St Anne Orthodox Mission $100,000
Previous Owner Petty Oliver W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $330,000 -5.7% $168 / Sq Ft
11/08/2019 11/08/19 For Sale $350,000 +29.6% $178 / Sq Ft
09/15/2014 09/15/14 Sold $270,000 -10.0% $89 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $300,000 -- $99 / 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 $12,468 $662,666 -- --
2023 $9,209 $504,218 $0 $0
2022 $6,361 $343,282 $0 $0
2021 $3,625 $200,551 $0 $0
2020 $3,669 $194,710 $0 $0
2019 $3,197 $189,039 $0 $0
2018 $3,211 $183,533 $0 $0
2017 $3,117 $178,187 $0 $0
2016 $2,984 $178,879 $0 $0
2015 $2,930 $173,669 $0 $0
2014 $3,098 $168,611 $0 $0
2012 -- $158,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 757231

Willamette Valley MLS

APN: 017768