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Off market
  • $963,300

    515 NW Rainwater Ln, Albany, OR 97321

    4beds
    2,424sqft
    Residence
    Built in 1932
    15.87 Acres Lot
    $963,300 Zestimate®
    $397/sqft
    $2,930 Estimated rent

    Home value

    $963,300

    $838,000 - $1.10M

    $2,930/mo

    Zestimate® history
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    Owner options

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    $2,930/mo

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    $2,930/mo

    Rent Zestimate®

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    $5,816/mo

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    $5,816/mo

    Est. payment

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    What's special

    Accepted Offer with Contingencies. One of a kind lake front property in North Albany! this 15.87 acres property is full of opportunity! Have your own homestead set up with the large outbuildings, fenced garden space, fruit trees and pasture area. The modern farmhouse had a full gourmet kitchen remodel in 2006. Huge living space in the lower level of the home. Newer windows, paint, electrical and more! Back up auto switch natural gas generator setup all ready to go. Bring your dreams to life! Add an ADU? Have a farm! 6 Tax lots total

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • High Speed Internet, Breakfast Room/Nook, Walk-In Pantry
    • Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Finished
    • Fireplace features: Wood Burning, Gas, Family Room, Living Room
    Interior area
    • Structure area source: Owner
    • Total interior livable area: 2,424 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    • Details: RV Amenities: Area/Room For
    Accessibility
    • Accessibility features: Yes (Refer to Remarks)
    Features
    • Patio & porch: Deck, Covered Deck
    • Exterior features: Shingle (Not Wood), Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 15.87 Acres
    • Features: Irregular Lot, Landscaped
    Details
    • Additional structures: Barn(s), Shed(s), Separate Shop, Other (Refer to Remarks)
    • Parcel number: 11401BC00600
    • Zoning: RR/OS

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residence
    Materials
    • Roof: Composition
    Condition
    • Year built: 1932

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Albany

    Other

    Other facts
    • Flooring: Wood, Carpet, Laminate, Vinyl
    • ViewYN: true
    • Sewer: Septic Tank
    • Heating: Forced Air, Wood, Natural Gas
    • WaterSource: Well
    • Appliances: Dishwasher, Convection Oven, Microwave, Gas Range, Gas Water Heater, Built-In Range
    • FireplaceYN: true
    • GarageYN: true
    • HeatingYN: true
    • PatioAndPorchFeatures: Deck, Covered Deck
    • FireplaceFeatures: Wood Burning, Gas, Family Room, Living Room
    • Basement: Full
    • FoundationDetails: Slab, Continuous
    • Exclusions: Personal Property, TV under Kit Cab
    • ConstructionMaterials: Wood Siding, Shingle Siding, Cedar, Lap Siding
    • Roof: Composition, Metal or Aluminum
    • MainLevelBathrooms: 1
    • ParkingFeatures: Detached
    • CoveredSpaces: 1
    • BuildingAreaSource: Owner
    • OtherStructures: Barn(s), Shed(s), Separate Shop, Other (Refer to Remarks)
    • LotFeatures: Irregular Lot, Landscaped
    • InteriorFeatures: High Speed Internet, Breakfast Room/Nook, Walk-In Pantry
    • View: Territorial, Water Frontage
    • RoomDiningRoomFeatures: Formal
    • Inclusions: Range, fridge, w/d, Electric Hoist in Barn
    • PossibleUse: Pasture/Ranch, Other (Refer to Remarks), Agribusiness
    • OtherParking: RV Amenities: Area/Room For
    • RoomBedroom2Level: 2/Upper
    • RoomBedroom3Level: 2/Upper
    • ExteriorFeatures: Gray
    • RoomDiningRoomLevel: 1/Main
    • RoomFamilyRoomLevel: Lower/Basement
    • RoomKitchenLevel: 1/Main
    • RoomLivingRoomLevel: 1/Main
    • RoomMasterBedroomLevel: 1/Main
    • AccessibilityFeatures: Yes (Refer to Remarks)
    • RoomBedroom4Level: 1/Main
    • PropertySubType: Residence
    • Zoning: RR/OS
    • MlsStatus: ACTIVE UNDER CONTRACT
    • TaxAnnualAmount: 4021

    Price history

    DateEventPrice
    12/6/2022Sold$850,000-5%$351/sqft
    Source: RMLS (OR) #22076495 Report a problem
    10/20/2022Pending sale$895,000$369/sqft
    Source: RE/MAX International #795613 Report a problem
    10/19/2022Contingent$895,000$369/sqft
    Source: WVMLS #795613 Report a problem
    10/19/2022Pending sale$895,000$369/sqft
    Source: RMLS (OR) #22076495 Report a problem
    10/15/2022Listing removed--
    Source: RE/MAX International Report a problem
    9/24/2022Price change$895,000-5.5%$369/sqft
    Source: WVMLS #795613 Report a problem
    9/14/2022Price change$947,500-4.8%$391/sqft
    Source: WVMLS #795613 Report a problem
    9/3/2022Listed for sale$995,000$410/sqft
    Source: WVMLS #795613 Report a problem
    8/27/2022Pending sale$995,000$410/sqft
    Source: RE/MAX International #795613 Report a problem
    8/26/2022Contingent$995,000$410/sqft
    Source: WVMLS #795613 Report a problem
    7/20/2022Listed for sale$995,000+49.6%$410/sqft
    Source: WVMLS #795613 Report a problem
    12/2/2020Listing removed$664,900$274/sqft
    Source: TOWN & COUNTRY REALTY #767400 Report a problem
    10/9/2020Price change$664,900-1.5%$274/sqft
    Source: TOWN & COUNTRY REALTY #767400 Report a problem
    8/11/2020Price change$674,900-0.6%$278/sqft
    Source: TOWN & COUNTRY REALTY #767400 Report a problem
    7/22/2020Price change$679,000-3%$280/sqft
    Source: COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. #759334 Report a problem
    6/16/2020Price change$699,900-8.5%$289/sqft
    Source: COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. #759334 Report a problem
    6/10/2020Price change$764,900-0.6%$316/sqft
    Source: COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. #759334 Report a problem
    6/5/2020Price change$769,900-3.8%$318/sqft
    Source: COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. #759334 Report a problem
    1/31/2020Price change$799,900-10.1%$330/sqft
    Source: Coldwell Banker Mountain West Real Estate, Inc. #759334 Report a problem
    9/29/2019Price change$889,900-1.1%$367/sqft
    Source: RE/MAX INTEGRITY CORVALLIS BRANCH #751480 Report a problem
    8/8/2019Price change$899,900-2.7%$371/sqft
    Source: RE/MAX INTEGRITY CORVALLIS BRANCH #751480 Report a problem
    7/23/2019Price change$924,900-3.2%$382/sqft
    Source: RE/MAX INTEGRITY CORVALLIS BRANCH #751480 Report a problem
    7/18/2019Price change$955,000-2.1%$394/sqft
    Source: RE/MAX INTEGRITY CORVALLIS BRANCH #751480 Report a problem
    7/3/2019Listed for sale$975,000$402/sqft
    Source: RE/MAX Integrity #19171734 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,472 $80,671
    2023-- --

    Find assessor info on the county website

    Neighborhood: 97321

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Albany
    • Middle: North Albany
    • High: West Albany

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $963,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $963,300