For sale

Listed by: Premiere Property Group, Llc Corvallis • HEIDI GORNIK • Contact: 541-760-0377

Price cut: $15K (6/25)

$785,000

1337 NW Penny Ln, Albany, OR 97321

5beds

3,333sqft

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Single Family Residence

Built in 2004

0.47 Acres Lot

$777,400 Zestimate^®

$236/sqft

$-- HOA

What's special

Backyard fire pit areaFlexible living spacesSpacious homeMature treesCovered front porch

Tucked into an established NW Albany neighborhood with mature trees and a welcoming feel, this spacious home offers room to spread out and make it your own. Flexible living spaces create options for multi-generational living, guests, hobbies or work-from-home needs. Enjoy peaceful mornings on the covered front porch and evenings gathered around the backyard fire pit area. Conveniently located near parks, schools, shopping and commuter routes while still offering a tucked-away feel.

52 days

789

35

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Primary bedroom

Level: Main

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper

Bedroom 4

Level: Lower

Dining room

Features: Area (Combination)

Kitchen

Level: Main

Living room

Level: Main

Heating

Natural Gas, Heat Pump, Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Gas Range, Built-In Range, Microwave, Range Included, Down Draft, Gas Water Heater

Features

Office, High Speed Internet
Flooring: Carpet, Vinyl, Wood
Basement: Daylight,Finished
Has fireplace: No

Interior area

Total structure area: 3,333
Total interior livable area: 3,333 sqft

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Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Levels: Tri-Level
Patio & porch: Deck, Patio
Has view: Yes
View description: Territorial

Lot

Size: 0.47 Acres
Features: Dimension Above, Landscaped

Details

Additional structures: Shed(s)
Parcel number: 10436CD01900
Zoning: Albany-RS-10

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Fiber Cement, Lap Siding
Foundation: Continuous, Slab
Roof: Composition

Condition

New construction: No
Year built: 2004

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Gibson Heights

HOA

Has HOA: No

Location

Region: Albany

Financial & listing details

Price per square foot: $236/sqft
Tax assessed value: $718,725
Annual tax amount: $7,592
Price range: $785K - $785K
Date on market: 5/12/2026
Listing agreement: Exclusive Right To Sell
Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
Inclusions: Window blinds, 2 Fridges, Fire Pit, Trellis
Exclusions: Ring Doorbell - SEE ADDITIONAL DOCUMENT

Estimated market value

$777,400

$739,000 - $816,000

$3,661/mo

Price history

Date	Event	Price
6/25/2026	Price change	$785,000-1.9%$236/sqft
Source: WVMLS #840863 Report a problem
6/17/2026	Listed for sale	$800,000$240/sqft
Source: WVMLS #840863 Report a problem
5/24/2026	Contingent	$800,000$240/sqft
Source: WVMLS #840863 Report a problem
5/24/2026	Pending sale	$800,000$240/sqft
Source: RMLS (OR) #310485985 Report a problem
5/12/2026	Listed for sale	$800,000+107.8%$240/sqft
Source: WVMLS #840863 Report a problem
10/28/2013	Sold	$385,000-1%$116/sqft
Source: Agent Provided Report a problem
9/18/2013	Price change	$389,000-2.5%$117/sqft
Source: Town & Country Realty #666809 Report a problem
7/19/2013	Price change	$399,000-0.2%$120/sqft
Source: Town & Country Realty #666809 Report a problem
5/17/2013	Price change	$399,900-5.9%$120/sqft
Source: RE/MAX INTEGRITY #659247 Report a problem
12/12/2012	Listed for sale	$425,000+3.9%$128/sqft
Source: RE/MAX Integrity #659247 Report a problem
9/18/2009	Sold	$409,000+411.9%$123/sqft
Source: Public Record Report a problem
2/18/2004	Sold	$79,900$24/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,150 +2.9%	$391,793 +3%
2023	$6,947 +1.5%	$380,382 +3%
2022	$6,843 +5.6%	$369,303 +3%
2021	$6,480 +1.9%	$358,547 +3%
2020	$6,362 +2.8%	$348,104 +3%
2019	$6,189 -3%	$337,965 +3%
2018	$6,380 +2.6%	$328,121 +3%
2017	$6,216 +11.3%	$318,564 +3%
2016	$5,586	$309,285 +3%
2015	$5,586 +1.8%	$300,277 +3%
2014	$5,486 +2.4%	$291,531 +6.1%
2012	$5,356	$274,796 +6.1%
2010	--	$259,021 +3%
2009	--	$251,477 +3%
2008	--	$244,152 +3%
2007	--	$237,041 +3%
2006	--	$230,137 +3%
2005	--	$223,434

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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