NOT LISTED FOR SALE

2575 NW Oak Grove Loop Albany, OR 97321

North Albany Neighborhood

Estimated Value: $595,962 - $676,000

3 Beds
2 Baths
2,224 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $390,000 $175 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,783/month

15 Days on Market

Highlights

  • Newly Remodeled
  • RV Access or Parking
  • Covered Patio or Porch
  • Oak Grove Intermediate School Rated A-
  • Home Office
  • 2 Car Attached Garage

About This Home

As of January 2019

Stunning new home in established North Albany's Princeton Hts. 3 bedroom, 2 bath, with office. Home complete and move in ready. Large bedrooms, and open living area with vaulted ceilings and plenty of light. Quartz counters in kitchen and baths. Large tile shower in master bath and big walk in closet. Plenty of storage space. Room for boat or small RV on the side. Gas Heat/Air conditioning. One member of ownership is a Licensed Real Estate Agent in Oregon.

Last Agent to Sell the Property

Neil Schmidt

JMG JASON MITCHELL GROUP-ALBANY License #201105024 Listed on: 12/04/2018

Last Buyer's Agent

ANDREA BEEM

EXP REALTY, LLC License #200805169

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,631

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.29

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • Home Office

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 0.29 Acre Lot

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,631

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • New Construction: Yes
  • Range Facility: Gas
  • Syndicated Remarks: Stunning new home in established North Albany's Princeton Hts. 3 bedroom, 2 bath, with office. Home complete and move in ready. Large bedrooms, and open living area with vaulted ceilings and plenty of light. Quartz counters in kitchen and baths. Large tile shower in master bath and big walk in closet. Plenty of storage space. Room for boat or small RV on the side. Gas Heat/Air conditioning. One member of ownership is a Licensed Real Estate Agent in Oregon.
  • Cross Street: 25th
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Office
  • Source Of Sq Ft: Owner

Exterior Features

  • Patio: Covered Patio
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.29
  • Estimated Lot Sq Ft: 12632
  • Lot: 4
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jan 22, 2019
Sold by
Mns Properties Llc
Bought by
Reichmuth Kristopher D and Reichmuth Lisa J
Seller's Agent
Neil Schmidt
JMG JASON MITCHELL GROUP-ALBANY
Buyer's Agent
ANDREA BEEM
EXP REALTY, LLC
List Price
$394,000
Sold Price
$390,000
Premium/Discount to List
-$4,000
-1.02%
Current Estimated Value
$632,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,991
Avg. Annual Appreciation
7.42%
Original Mortgage
$290,000
Outstanding Balance
$254,969
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$378,022

Purchase Details

Closed on
Aug 16, 2017
Sold by
Reins Hattie G
Bought by
Mns Properties Llc
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
Reichmuth Kristopher D $390,000 First American Title
Mns Properties Llc $70,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichmuth Kristopher D $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $390,000 -1.0% $175 / Sq Ft
12/04/2018 12/04/18 For Sale $394,000 -- $177 / 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 $5,631 $299,308 -- --
2023 $5,307 $290,590 $0 $0
2022 $5,228 $282,126 $0 $0
2021 $4,951 $273,909 $0 $0
2020 $5,011 $265,931 $0 $0
2019 $4,728 $258,185 $0 $0
2018 $1,534 $80,978 $0 $0
2017 $1,078 $56,892 $0 $0
2016 $998 $55,235 $0 $0
2015 $980 $53,626 $0 $0
2014 $933 $52,064 $0 $0
2012 -- $49,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Neil Schmidt

    Seller's Agent in 2019

    Neil Schmidt

    JMG JASON MITCHELL GROUP-ALBANY

    (541) 619-6494

    3 in this area

    13 Total Sales

    Neil Schmidt
    Section Image
  • ANDREA BEEM

    Buyer's Agent in 2019

    ANDREA BEEM

    EXP REALTY, LLC

    (541) 231-3109

    23 in this area

    237 Total Sales

    ANDREA BEEM
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 742352

Willamette Valley MLS

APN: 011910

Oregon Benton County Albany 97321 North Albany

2575 NW Oak Grove Loop, Albany, OR

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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