NOT LISTED FOR SALE

389 NE Cherry Ln Albany, OR 97321

North Albany Neighborhood

Estimated Value: $708,000 - $875,000

4 Beds
3.5 Baths
2,485 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $645,000 $260 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,975/month

Highlights

  • Barn
  • 2.54 Acre Lot
  • Territorial View
  • West Albany High School Rated 9+
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of March 2021

Craftsman's style 4BR, 3.5BA home with acreage. On quiet cul-de-sac, close to downtown Albany & shopping. Character abounds with 9-ft ceilings, textured walls, 3 transom windows between rooms downstairs, & artistic light fixtures. Large modern windows welcome in the natural light. Cozy guest quarters above the attached 2-car garage offers dual living option. Spacious rooms with views of horticultural paradise- berries, grapes, & large fenced apple orchard. Horse property w/paddock, shelters & pasture.

Last Agent to Sell the Property

PATRICK OLMSTEAD

NORTHWEST REALTY CONSULTANTS License #960200220 Listed on: 01/04/2021

Last Buyer's Agent

ALEYA MURPHY

JMG JASON MITCHELL GROUP-ALBANY License #200310225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,879

Year Built

  • Built in 2005

Lot Details

  • 2.54 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,485 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio
  • Shed
  • Shop

Farming

  • Barn

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,879

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Gas, Microwave Included, Range Included
  • Syndicated Remarks: Craftsman's style 4BR, 3.5BA home with acreage. On quiet cul-de-sac, close to downtown Albany & shopping. Character abounds with 9-ft ceilings, textured walls, 3 transom windows between rooms downstairs, & artistic light fixtures. Large modern windows welcome in the natural light. Cozy guest quarters above the attached 2-car garage offers dual living option. Spacious rooms with views of horticultural paradise- berries, grapes, & large fenced apple orchard. Horse property w/paddock, shelters & pasture.
  • Cross Street: Spring Hill
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Gas, Living Room
  • Negotiable Inclusions: Frig, Stove, M/W
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 3.5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 2/Upper
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Walk-In Pantry
  • Price Per Sq Ft: 259.56
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 257.14

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn, Shed, Separate Shop
  • Roof: Composition, Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Heat Pump
  • High Speed Comm Access: Present
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Schools

  • High School: West Albany

Lot Info

  • Acres: 2.54
  • Estimated Lot Sq Ft: 110642
  • Lot Type: Irregular
  • Price Per Acre: 251574.8
  • Rv Amenities: Pad
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 003651
  • Tax Years: 2021
  • Tax Account Number: 003651
  • Tax Amount: 6879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 23, 2021
Sold by
Rasmussen Randall P and Rasmussen Lorri A
Bought by
Each Nicholas David and Rasmussen Lorri A
Seller's Agent
PATRICK OLMSTEAD
NORTHWEST REALTY CONSULTANTS
Buyer's Agent
ALEYA MURPHY
JMG JASON MITCHELL GROUP-ALBANY
List Price
$639,000
Sold Price
$645,000
Premium/Discount to List
$6,000
0.94%
Current Estimated Value
$821,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,824
Avg. Annual Appreciation
4.85%
Original Mortgage
$645,000
Outstanding Balance
$591,996
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$205,362

Purchase Details

Listed on
Aug 1, 2015
Closed on
Sep 14, 2015
Sold by
Stolle Robert L and Stolle Lucille M
Bought by
Rasmussen Randall P and Rasmussen Lorri A
Seller's Agent
CHERYL NARVER
NORTHWEST REALTY CONSULTANTS
Buyer's Agent
BECKY NARVER BERGLUND
NORTHWEST REALTY CONSULTANTS
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$360,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Wells Fargo Bank Na
Bought by
Stolle Robert L and Stolle Lucille M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.07%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2005
Sold by
Hughson Chester F and Hughson Viola M
Bought by
Wells Fargo Na and Chester F & Viola Hughson Charitable Rem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.07%
Mortgage Type
Construction
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
Each Nicholas David $645,000 Ticor Title
Rasmussen Randall P $450,000 Ticor Title
Stolle Robert L $149,900 Amerititle
Wells Fargo Na -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Each Nicholas David $645,000
Previous Owner Rasmussen Randall P $412,800
Previous Owner Rasmussen Randall P $26,600
Previous Owner Rasmussen Randall P $360,000
Previous Owner Stolle Robert L $273,470
Previous Owner Stolle Robert L $282,000
Previous Owner Stolle Robert L $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $645,000 +0.9% $260 / Sq Ft
01/04/2021 01/04/21 For Sale $639,000 +42.0% $257 / Sq Ft
09/14/2015 09/14/15 Sold $450,000 0.0% $181 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $450,000 -- $181 / 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 $7,156 $410,960 -- --
2023 $6,744 $398,989 $0 $0
2022 $6,642 $387,369 $0 $0
2021 $6,291 $376,086 $0 $0
2020 $6,880 $365,133 $0 $0
2019 $6,491 $354,498 $0 $0
2018 $6,520 $344,173 $0 $0
2017 $6,108 $334,148 $0 $0
2016 $5,480 $324,416 $0 $0
2015 $5,416 $316,729 $0 $0
2014 $5,528 $321,422 $0 $0
2012 -- $310,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    PATRICK OLMSTEAD

    NORTHWEST REALTY CONSULTANTS

    (541) 954-4729

    1 in this area

    25 Total Sales

    PATRICK OLMSTEAD
    Section Image
  • ALEYA MURPHY

    Buyer's Agent in 2021

    ALEYA MURPHY

    JMG JASON MITCHELL GROUP-ALBANY

    (541) 905-3068

    2 in this area

    26 Total Sales

    ALEYA MURPHY
    Section Image

  • C

    Seller's Agent in 2015

    CHERYL NARVER

    NORTHWEST REALTY CONSULTANTS

    Section Image

  • B

    Seller Co-Listing Agent in 2015

    BECKY NARVER BERGLUND

    NORTHWEST REALTY CONSULTANTS

    (541) 619-8772

    4 Total Sales

    BECKY NARVER BERGLUND
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 772342

Willamette Valley MLS

APN: 003651

Oregon Benton County Albany 97321 North Albany

389 NE Cherry Ln, Albany, OR

This home is located at 389 NE Cherry Ln, Albany, OR 97321 since 04 January 2021 and is currently estimated at $821,824, approximately $330 per square foot. This property was built in 2005. 389 NE Cherry Ln is a home located in Benton County with nearby schools including North Albany Elementary School, North Albany 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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