$540,000
SOLD MAR 5, 2025

1562 NW Penny Ln Albany, OR 97321

North Albany Neighborhood
3 Beds
2.5 Baths
1,764 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$306 Per Sq Ft

29 Days on Market

Highlights

  • Living Room with Fireplace
  • Territorial View
  • Den
  • Oak Grove Intermediate School Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of March 2025

Well maintained home in desirable NW Albany neighborhood. The open floor plan is perfect for entertaining. The main living area is open with kitchen, dining, and living room as well as an office/den that is great for working from home. The back yard is large with raised garden beds and a patio that has a trellis cover for entertaining. The primary suite is large with walk-in closet and beautiful primary bath. The roof and furnace were both replaced in 2020. OPEN HOUSE IS CANCELLED

Last Agent to Sell the Property

JOEL GETSFRID

KELLER WILLIAMS REALTY MID WILLAMETTE License #201222139 Listed on: 01/22/2025

KELLER WILLIAMS REALTY MID WILLAMETTE

Last Buyer's Agent

CHANDRA REYNOLDS

HOMESMART REALTY GROUP License #201207897

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,077

Year Built

  • Built in 1996

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Den
  • Territorial Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Gibson Hill Subdivision

Listing and Financial Details

  • Exclusions: Tonal Exercise Machine
  • Tax Lot 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,077

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Well maintained home in desirable NW Albany neighborhood. The open floor plan is perfect for entertaining. The main living area is open with kitchen, dining, and living room as well as an office/den that is great for working from home. The back yard is large with raised garden beds and a patio that has a trellis cover for entertaining. The primary suite is large with walk-in closet and beautiful primary bath. The roof and furnace were both replaced in 2020. OPEN HOUSE IS CANCELLED
  • Cross Street: Gibson Hill
  • Year Built: 1996
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tonal Exercise Machine
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Refrigerator, Murphy Bed
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Bonus Rooms: Den
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.2
  • Estimated Lot Sq Ft: 8712
  • Lot: 28
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2024
  • Tax Amount: 6077

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Mar 3, 2025
Sold by
Wallace Nicole W and Wallace Jason R
Bought by
Livesay Sara
Seller's Agent
JOEL GETSFRID
KELLER WILLIAMS REALTY MID WILLAMETTE
Buyer's Agent
CHANDRA REYNOLDS
HOMESMART REALTY GROUP
List Price
$540,000
Sold Price
$540,000
Views
6
Current Estimated Value
$549,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,659
Avg. Annual Appreciation
2.39%
Original Mortgage
$350,000
Outstanding Balance
$347,639
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$202,020

Purchase Details

Listed on
Mar 25, 2020
Closed on
Apr 23, 2020
Sold by
Hoby Robert R and Hoby Janis S
Bought by
Wallace Nicole W and Wallace Jason R
Seller's Agent
JOEL GETSFRID
KELLER WILLIAMS REALTY MID WILLAMETTE
Buyer's Agent
JOEL GETSFRID
KELLER WILLIAMS REALTY MID WILLAMETTE
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$337,500
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Ticor Title
Warranty Deed $375,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $337,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2025 03/05/25 Sold $540,000 0.0% $306 / Sq Ft
02/04/2025 02/04/25 For Sale $540,000 +44.0% $306 / Sq Ft
04/24/2020 04/24/20 Sold $375,000 -3.8% $211 / Sq Ft View Prior Sale
03/25/2020 03/25/20 For Sale $389,900 -- $219 / 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
2025 $6,077 $332,700 -- --
2024 $6,077 $323,010 -- --
2023 $5,728 $313,602 $0 $0
2022 $5,642 $304,468 $0 $0
2021 $5,343 $295,600 $0 $0
2020 $5,407 $286,990 $0 $0
2019 $5,102 $278,631 $0 $0
2018 $5,125 $270,516 $0 $0
2017 $4,887 $262,637 $0 $0
2016 $4,411 $254,987 $0 $0
2015 $4,189 $245,310 $0 $0
2014 $4,129 $240,310 $0 $0
2012 -- $244,022 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JOEL GETSFRID

    Seller's Agent in 2025

    JOEL GETSFRID

    KELLER WILLIAMS REALTY MID WILLAMETTE

    (541) 619-9323

    4 in this area

    91 Total Sales

    JOEL GETSFRID
    Section Image
  • CHANDRA REYNOLDS

    Buyer's Agent in 2025

    CHANDRA REYNOLDS

    HOMESMART REALTY GROUP

    (503) 428-4491

    2 in this area

    127 Total Sales

    CHANDRA REYNOLDS
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 824730

Willamette Valley MLS

APN: 356994

Oregon Benton County Albany 97321 North Albany

1562 NW Penny Ln, Albany, OR

Sold

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

Nearby Homes