NOT LISTED FOR SALE

514 Elm St SW Albany, OR 97321

Broadway-Albany Neighborhood

Estimated Value: $482,000 - $495,828

3 Beds
2 Baths
2,328 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $480,000 $206 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,982/month

40 Days on Market

Highlights

  • Territorial View
  • Main Floor Bedroom
  • Lower Floor Utility Room
  • Wood Flooring
  • Mud Room
  • Walk-In Pantry

About This Home

As of December 2023

The Palmer House, a Queen Anne Victorian in one of Albany's most desirable neighborhoods close to the river & historic downtown w/shopping, restaurants, carousel museum & live events! Fresh exterior paint & many modern updates while maintaining the historic charm. Rich woodwork throughout, clear fir floors, lofty hallways & bay windows w/stained glass are just a few of the highlights. Updated kitchen & baths, formal dining & CAC. Private courtyard, fruit trees, mature landscaping & oversized 2 car garage.

Last Agent to Sell the Property

Laura Gillott

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM License #920300248 Listed on: 08/22/2023

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

Co-Listed By

Sherri Ellis

KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM License #200702076

Last Buyer's Agent

Jason Giles

EXP REALTY, LLC License #201216582

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,655

Year Built

  • Built in 1887

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x108
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Lower Floor Utility Room
  • Territorial Views

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Patio

Schools

  • Central Elementary School
  • Memorial Middle School
  • West Albany High School

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Monteith Subdivision

Listing and Financial Details

  • Tax Block 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,655

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas, Microwave Included, Range Included
  • Syndicated Remarks: The Palmer House, a Queen Anne Victorian in one of Albany's most desirable neighborhoods close to the river & historic downtown w/shopping, restaurants, carousel museum & live events! Fresh exterior paint & many modern updates while maintaining the historic charm. Rich woodwork throughout, clear fir floors, lofty hallways & bay windows w/stained glass are just a few of the highlights. Updated kitchen & baths, formal dining & CAC. Private courtyard, fruit trees, mature landscaping & oversized 2 car garage.
  • Cross Street: 5th
  • Year Built: 1887
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Range, refrigerator, washer & dryer
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: Lower/Basement
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 2/Upper
  • Basement: Daylight, Full, Finished
  • Dining Room: Lower/Basement, On Level: Lower/Basement
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: Lower/Basement
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Mudroom, Walk-In Pantry
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Gray
  • Fenced Yard: Yes
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Dimensions: 55x108
  • Estimated Lot Sq Ft: 6098
  • Lot: .
  • Lot Type: Dimension Above
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 22-23
  • Tax Amount: 4655

MLS Schools

  • HighSchool: West Albany
  • Middle School: Memorial
  • Elementary School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Dec 19, 2023
Sold by
Greene Jane M
Bought by
Tyler John Thomas and Tyler Napaporn
Seller's Agent
Laura Gillott
KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
Buyer's Agent
Jason Giles
EXP REALTY, LLC
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Views
167
Current Estimated Value
$488,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,914
Avg. Annual Appreciation
0.94%
Original Mortgage
$495,840
Outstanding Balance
$479,560
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$9,354

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 27, 2015
Sold by
Richardson Melody A
Bought by
Greene Williard James and Greene Jane M
Seller's Agent
ANNETTE SIEVERT
CADWELL REALTY GROUP-CORVALLIS
Buyer's Agent
Rhonda Stansell
WINDERMERE WILLAMETTE VALLEY
List Price
$239,950
Sold Price
$239,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jan 28, 2013
Sold by
Cernak John Paul
Bought by
Richardson Melody A
Seller's Agent
Pat Pendley
RE/MAX INTEGRITY ALBANY BRANCH
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$186,459
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2009
Sold by
Cernak John Paul and Cernak Toni Kay
Bought by
Cernak John Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tyler John Thomas $480,000 Ticor Title
Greene Williard James $239,950 First American Title
Richardson Melody A $189,900 Fidelity Natl Title Co Of Or
Cernak John Paul -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler John Thomas $495,840
Previous Owner Richardson Melody A $186,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $480,000 +1.1% $206 / Sq Ft
11/11/2023 11/11/23 Price Changed $475,000 -4.0% $204 / Sq Ft
10/20/2023 10/20/23 For Sale $495,000 +3.1% $213 / Sq Ft
10/17/2023 10/17/23 Off Market $480,000 -- --
07/27/2015 07/27/15 Sold $239,950 0.0% $103 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $239,950 +26.4% $103 / Sq Ft
01/25/2013 01/25/13 Sold $189,900 0.0% $82 / Sq Ft View Prior Sale
10/01/2012 10/01/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $189,900 -- $82 / 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
2025 $5,013 $251,910 -- --
2024 $4,868 $244,580 -- --
2023 $4,730 $237,460 $0 $0
2022 $4,655 $230,550 $0 $0
2021 $4,381 $223,840 $0 $0
2020 $4,323 $217,330 $0 $0
2019 $4,221 $211,000 $0 $0
2018 $4,112 $204,860 $0 $0
2017 $3,992 $198,900 $0 $0
2016 $3,721 $193,110 $0 $0
2015 $3,382 $187,490 $0 $0
2014 $3,128 $182,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Gillott

    Seller's Agent in 2023

    Laura Gillott

    KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

    (541) 451-2211

    12 in this area

    1,750 Total Sales

    Laura Gillott
    Section Image
  • Sherri Ellis

    Seller Co-Listing Agent in 2023

    Sherri Ellis

    KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM

    (541) 990-7728

    3 in this area

    131 Total Sales

    Sherri Ellis
    Section Image
  • Jason Giles

    Buyer's Agent in 2023

    Jason Giles

    EXP REALTY, LLC

    (541) 223-9806

    1 in this area

    120 Total Sales

    Jason Giles
    Section Image
  • ANNETTE SIEVERT

    Seller's Agent in 2015

    ANNETTE SIEVERT

    CADWELL REALTY GROUP-CORVALLIS

    (865) 203-4133

    2 in this area

    145 Total Sales

    ANNETTE SIEVERT
    Section Image

  • R

    Buyer's Agent in 2015

    Rhonda Stansell

    WINDERMERE WILLAMETTE VALLEY

    Section Image
  • Pat Pendley

    Seller's Agent in 2013

    Pat Pendley

    RE/MAX

    (541) 990-2530

    6 in this area

    151 Total Sales

    Pat Pendley
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 808729

Willamette Valley MLS

APN: 0132189

Oregon Linn County Albany 97321 Broadway-Albany

514 Elm St SW, Albany, OR

Not Listed for Sale

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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