NOT LISTED FOR SALE

4050 Somerset Dr NE Albany, OR 97322

East Albany Neighborhood

Estimated Value: $392,644 - $403,000

3 Beds
2 Baths
1,220 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 4050 Somerset Dr NE, Albany, OR 97322 and is currently estimated at $397,822, approximately $326 per square foot. 4050 Somerset Dr NE is a home located in Linn County with nearby schools including Clover Ridge Elementary School, Timber Ridge School, and South Albany High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2012
Sold by
Bourne Michael D and Bourne Kathleen A
Bought by
Bourne Kathleen A
Current Estimated Value
$397,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$26,593
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$362,814

Purchase Details

Closed on
Jun 24, 2010
Sold by
Bourne Properties Llc
Bought by
Bourne Michael D and Bourne Kathleen A

Purchase Details

Closed on
Nov 28, 2008
Sold by
Bourne Michael D and Bourne Kathleen A
Bought by
Bourne Properties Llc

Purchase Details

Closed on
Aug 15, 2008
Sold by
Hillenbrand Daniel and Hillenbrand Stephanie A
Bought by
Bourne Michael D and Bourne Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Absolute Homes Inc
Bought by
Hillenbrand Daniel and Hillenbrand Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,550
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2005
Sold by
Absolute General Contracting Inc
Bought by
Absolute Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,550
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Bourne Kathleen A -- First American Title
Bourne Michael D -- None Available
Bourne Properties Llc -- None Available
Bourne Michael D $165,000 Ticor Title
Hillenbrand Daniel $146,500 First American Title
Absolute Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourne Kathleen A $110,000
Previous Owner Bourne Michael D $132,000
Previous Owner Hillenbrand Daniel $102,550
Source: Public Records

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 $3,939 $195,670 -- --
2023 $3,829 $189,980 $0 $0
2022 $3,774 $184,450 $0 $0
2021 $3,558 $179,080 $0 $0
2020 $3,517 $173,870 $0 $0
2019 $3,436 $168,810 $0 $0
2018 $3,344 $163,900 $0 $0
2017 $3,213 $159,130 $0 $0
2016 $2,888 $154,500 $0 $0
2015 $2,726 $150,000 $0 $0
2014 $2,588 $145,640 $0 $0
Source: Public Records

Map

Oregon Linn County Albany 97322 East Albany

4050 Somerset Dr NE, Albany, OR

This home is located at 4050 Somerset Dr NE, Albany, OR 97322 and is currently estimated at $397,822, approximately $326 per square foot. 4050 Somerset Dr NE is a home located in Linn County with nearby schools including Clover Ridge Elementary School, Timber Ridge School, and South 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.

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