Fantastic development opportunity with this flat .94 acre lot with and 1712sf, 3 bed, 2 bath home! The parcel lies between Clover Ridge and Hummingbird with Water/Sewer on Clover Ridge, and Water/Sewer/Storm on Hummingbird. Sidewalks/curb/gutter on Clover Ridge. Zoned RS-5, there is potential for 6 total lots (3 on Hummingbird, 3 on Clover Ridge). Potential for townhomes or Middle Housing to bring higher density. Connection Charges have not been paid per City.Refer to #821038
AndCo REAL ESTATELicense #201206837Listed on: 09/06/2024
Property Details
Property Type
Land
Est. Annual Taxes
$2,559
Schools
Clover Ridge Elementary School
Timber Ridge Middle School
South Albany High School
Utilities
High Speed Internet
Cable TV Available
Additional Features
Territorial Views
Shed
0.94 Acre Lot
Listing and Financial Details
Tax Block 1
Property Details
Property Type
Land
Est. Annual Taxes
$2,559
Lot Details
0
Listing Details
Class: Bare Land
Type: Lot (Under 1 Acre)
Syndicated Remarks: Fantastic development opportunity with this flat .94 acre lot with and 1712sf, 3 bed, 2 bath home! The parcel lies between Clover Ridge and Hummingbird with Water/Sewer on Clover Ridge, and Water/Sewer/Storm on Hummingbird. Sidewalks/curb/gutter on Clover Ridge. Zoned RS-5, there is potential for 6 total lots (3 on Hummingbird, 3 on Clover Ridge). Potential for townhomes or Middle Housing to bring higher density. Connection Charges have not been paid per City.Refer to #821038
Cross Street: Windy
Special Features: None
Property Sub Type: LotsLands
Interior Features
Price Per Sq Ft: 510638.3
Price Per Sq Ft: 12.82
Exterior Features
Out Buildings: Shed
View: Territorial
Access: Paved
Utilities
Cable TV: Available
Electricity: Yes
High Speed Communications: Available
Schools
Elementary School: Clover Ridge
Middle School: Timber Ridge
High School: South Albany
Lot Info
Acres: 0.94
Estimated Lot Sq Ft: 40946
Price Per Acre: 558510.64
Approved for Manufactured Home: Unknown
Geo Subdivision: OR
Tax Info
Tax Years: 2023
Tax Account Number: 70629
Tax Amount: 2559
MLS Schools
HighSchool: South Albany
Middle School: Timber Ridge
Elementary School: Clover Ridge
Ownership History
DateNameOwned ForOwner Type
Nov 2024 - PresentSteve P Investments Llc7 Months
Company
Purchase Details
Listed on
Sep 6, 2024
Closed on
Nov 18, 2024
Sold by
Taylor Seth Jason
Bought by
Steve P Investments Llc
Seller's Agent
Brandon Hanson
AndCo REAL ESTATE
List Price
$575,000
Sold Price
$480,000
Premium/Discount to List
-$95,000
-16.52%
Total Days on Market
77
Views
21
Current Estimated Value
$495,090
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,090
Avg. Annual Appreciation
7.86%
Oct 2019 - Nov 2024Taylor Seth5 Years and 1 Month
Private Individual
Purchase Details
Listed on
Aug 8, 2019
Closed on
Oct 18, 2019
Sold by
Parsons Pamela Sue Gates and Hutcheson Pamela
Bought by
Taylor Seth
Seller's Agent
Delene Myers
RE/MAX INTEGRITY ALBANY BRANCH
Buyer's Agent
Seth Taylor*
CADWELL REALTY GROUP
List Price
$285,000
Sold Price
$271,500
Premium/Discount to List
-$13,500
-4.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$310,000
Interest Rate
3.5%
Mortgage Type
Commercial
Feb 2008 - Oct 2019Hutcheson Steven Paul and Hutcheson Pamela11 Years and 8 Months
Private Individual
Purchase Details
Closed on
Feb 27, 2008
Sold by
Kauffman Benjamin
Bought by
Hutcheson Steven Paul and Hutcheson Pamela
May 2006 - Feb 2008Kauffman Ben1 Year and 9 Months
Prime Development Opportunity – 3 One-Acre Lots!Seize this incredible opportunity to develop in a rapidly growing area! These three 1-acre lots offer medium-density zoning and the flexibility to subdivide into 1,500 sq. ft. lots, making them perfect for a residential community or investment project.With the option to annex into the city for sewer access, infrastructure development is streamlined
Prime Development Opportunity – 3 One-Acre Lots!Seize this incredible opportunity to develop in a rapidly growing area! These three 1-acre lots offer medium-density zoning and the flexibility to subdivide into 1,500 sq. ft. lots, making them perfect for a residential community or investment project.With the option to annex into the city for sewer access, infrastructure development is streamlined
Accepted Offer with Contingencies. Prime Development Opportunity – 3 One-Acre Lots!Seize this incredible opportunity to develop in a rapidly growing area! These three 1-acre lots offer medium-density zoning and the flexibility to subdivide into 1,500 sq. ft. lots, making them perfect for a residential community or investment project.With the option to annex into the city for sewer access,
Accepted Offer with Contingencies. Prime Development Opportunity – 3 One-Acre Lots!Seize this incredible opportunity to develop in a rapidly growing area! These three 1-acre lots offer medium-density zoning and the flexibility to subdivide into 1,500 sq. ft. lots, making them perfect for a residential community or investment project.With the option to annex into the city for sewer access,
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 420 Clover Ridge Rd NE, Albany, OR 97322 and is currently priced at $480,000, approximately $280 per square foot. 420 Clover Ridge Rd 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.
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
