NOT LISTED FOR SALE

Estimated Value: $397,000 - $406,828

3 Beds
2 Baths
1,153 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 28, 2025

Last sale price $409,900 $356 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,380/month

80 Days on Market

Highlights

  • Territorial View
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Wood Flooring
  • Fenced Yard
  • 1-Story Property

About This Home

As of May 2025

Situated on a quiet cul-de-sac, this stunning 3-bedroom, 2-bath single-family home offers elegance and comfort. Featuring beautiful wood floors and vaulted ceilings, the open layout is both inviting and spacious. The upgraded stainless steel appliances enhance the modern kitchen. Step outside to a private backyard with mature landscaping, backing to a serene waterway. Conveniently located just minutes from I-5 and shopping centers, this home perfectly blends tranquility and accessibility.

Last Agent to Sell the Property

Joel Gander

GANDER PROPERTY GROUP License #201227322 Listed on: 03/09/2025

Last Buyer's Agent

Dava Behrens

PREMIERE PROPERTY GROUP, LLC CORVALLIS License #911000224

PREMIERE PROPERTY GROUP, LLC  CORVALLIS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 2007

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,153 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Somerset Meadows Subdivision

Listing and Financial Details

  • Tax Lot 129

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,307

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Situated on a quiet cul-de-sac, this stunning 3-bedroom, 2-bath single-family home offers elegance and comfort. Featuring beautiful wood floors and vaulted ceilings, the open layout is both inviting and spacious. The upgraded stainless steel appliances enhance the modern kitchen. Step outside to a private backyard with mature landscaping, backing to a serene waterway. Conveniently located just minutes from I-5 and shopping centers, this home perfectly blends tranquility and accessibility.
  • Year Built: 2007
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: Owner

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.1
  • Lot: 129
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Nov 28, 2017
Sold by
Lorenzen Patricia M and Lorenzen Michael E
Bought by
Thompson Timothy A
Seller's Agent
Patty Lorenzen
TOWN & COUNTRY REALTY
Buyer's Agent
JOEL GETSFRID
KELLER WILLIAMS REALTY MID WILLAMETTE
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Current Estimated Value
$401,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,914
Avg. Annual Appreciation
7.60%
Original Mortgage
$126,000
Outstanding Balance
$105,414
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$296,500

Purchase Details

Closed on
Feb 20, 2007
Sold by
Absolute Homes Inc
Bought by
Lorenzen Michael E and Lorenzen Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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
Thompson Timothy A $225,000 Ticor Title
Lorenzen Michael E $160,000 First American Title
Absolute Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Timothy A $126,000
Previous Owner Lorenzen Michael E $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2025 05/28/25 Sold $409,900 0.0% $356 / Sq Ft
03/09/2025 03/09/25 For Sale $409,900 +82.2% $356 / Sq Ft
11/28/2017 11/28/17 Sold $225,000 +2.3% $195 / Sq Ft View Prior Sale
10/24/2017 10/24/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $220,000 -- $191 / 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 $3,307 $164,020 -- --
2024 $3,206 $159,250 -- --
2023 $3,116 $154,620 $0 $0
2022 $3,071 $150,120 $0 $0
2021 $2,896 $145,750 $0 $0
2020 $2,862 $141,510 $0 $0
2019 $2,796 $137,390 $0 $0
2018 $2,722 $133,390 $0 $0
2017 $2,648 $129,510 $0 $0
2016 $2,473 $125,740 $0 $0
2015 $2,428 $122,080 $0 $0
2014 $2,369 $118,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 826309

Willamette Valley MLS

APN: 0917814