$1,350,000
$400K PRICE DROP

3918 Three Lakes Rd SE Albany, OR 97322

East Albany Neighborhood

Estimated payment $7,977/month

Total Views 3,127
3 Beds
3 Baths
2,754 Sq Ft
$490 Price per Sq Ft

Highlights

  • Barn
  • Living Room with Fireplace
  • Home Office
  • 16.78 Acre Lot
  • Territorial View
  • 3 Car Attached Garage

About This Home

***Price Improvement***. Versatile 16+ acre property near Albany. 3BD/3BA home features dual primary suites—ideal for multi-gen living—plus sep. office w/ext. entry. Large kitchen with two pantries. Includes large shop, barn & mostly level land for ag, animals, or farm. Room to grow, live, or invest! The thoughtful layout includes a dedicated home office with its own outside entrance, ideal for remote work or a private client-facing business.

Listing Agent

QUINTON HAMEL

NORTHBRIDGE REALTY License #201236054 Listed on: 06/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 2002

Lot Details

  • 16.78 Acre Lot
  • Landscaped
  • Sprinkler System
  • Property is zoned UGA/UGM-20

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • Territorial Views
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Meadow Ridge Elementary School
  • Timber Ridge Middle School
  • South Albany High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Additional Features

  • Shop
  • Barn

Listing and Financial Details

  • Legal Lot and Block 01800 / 1066

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,018

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Syndicated Remarks: ***Price Improvement***. Versatile 16+ acre property near Albany. 3BD/3BA home features dual primary suites—ideal for multi-gen living—plus sep. office w/ext. entry. Large kitchen with two pantries. Includes large shop, barn & mostly level land for ag, animals, or farm. Room to grow, live, or invest! The thoughtful layout includes a dedicated home office with its own outside entrance, ideal for remote work or a private client-facing business.
  • Cross Street: Grand Prairie
  • Year Built: 2002
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Gas, Living Room
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Office
  • Price Per Sq Ft: 490.2
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 490.2

Exterior Features

  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn, Separate Shop
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Heating/Cooling: Central Ac, Forced Air
  • Septic: Standard
  • Water: Well
  • Water Rights: Unknown

Schools

  • Elementary School: Meadow Ridge
  • Middle School: Timber Ridge
  • High School: South Albany

Lot Info

  • Acres: 16.78
  • Lot: 01800
  • Price Per Acre: 80452.92
  • Underground Sprinklers: Yes
  • Zoning: UGA/UGM-20
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 0112272
  • Tax Amount: 7018

MLS Schools

  • HighSchool: South Albany
  • Middle School: Timber Ridge
  • Elementary School: Meadow Ridge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,018 $489,550 -- --
2023 $6,818 $475,300 $0 $0
2022 $6,732 $461,460 $0 $0
2021 $6,258 $448,020 $0 $0
2020 $6,205 $434,980 $0 $0
2019 $6,071 $422,320 $0 $0
2018 $5,924 $410,020 $0 $0
2017 $5,752 $398,080 $0 $0
2016 $5,269 $386,490 $0 $0
2015 $5,196 $375,240 $0 $0
2014 $5,046 $364,320 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $1,350,000 -22.9% $490 / Sq Ft
06/23/2025 06/23/25 For Sale $1,750,000 -- $635 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $57,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $224,925 Construction
Source: Public Records

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Source: Willamette Valley MLS

MLS Number: 829946

Willamette Valley MLS

APN: 0112272