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3457 Northwest Terrace Drive

3457 Northwest Terrace Drive, Albany, OR 97321
Property in Benton
Sold Oct 22, 2021
$775,000
$775,000 by Homebridge Financial Services
Mortgage Due Nov 01, 2051
Sold Oct 31, 2016
$430,000
$408,500 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2046
3457 Northwest Terrace Drive has been categorized by the local assessors in Albany, OR as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3457 Northwest Terrace Drive has 3,084 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 21,780 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 5 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a steel frame or truss style roof. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3457 Northwest Terrace Drive sold most recently in Oct 11, 2021 for a total of $775,000. If you work out the math, that's approximately a cost of $200.57 per sqft. Before that, the property was also sold for $430,000 in Oct 26, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,486 in taxes each year. 3457 Northwest Terrace Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $403,207. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Roof Shape Type: Steel frame or truss
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,932
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 5
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,864
  • Gross Building Area: 4,344
  • Building Area: 3,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,084
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POWERS PARK
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POWERS PARK LOT 6 BLK 3

Ownership

  • Current Owner : HAYES ERIC
  • Current Owner 2: HAYES JENNIFER
  • Previous Owner : RICHARDSON DEAN C
  • Previous Owner 2: RICHARDSON MICHELE RENE
  • Owner Before Previous Owner: CORNELIUS LARRY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Greater Albany School District 8J
  • School Tax School District: 0803
  • Census Tract: 010102

Zoning

  • Zoning: RR-2

Geography

  • Assessors Map Reference: 10427AD
  • Account Number: 014088
  • Parcel: 014088
  • Block: 3
  • Lot: 6
  • Meridian: SEC 27 TWN 10S RNG 4W
  • Municipality: N ALBANY RFD
  • Latitude: 44.6754
  • Longitude: -123.155

    Address

  • Full Address: 3457 Nw Terrace Dr
  • Address - House Number: 3457
  • Street Direction: NW
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Albany
  • Carrier Code: R005
  • 4-Digit Zip Code: 9366
  • Zip Code: 97321

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,486
  • Tax Rate Code Area: 0803

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 860,647
  • High Value: 981,824
  • Low Value: 739,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $775,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $775,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $883,720
  • Market Land Value: $215,000
  • Market Improvement Value: $668,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,207

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11860569285
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-620367
  • Previous Sale Recording Date: Oct 31, 2016
  • Previous Sale Contract Date: Oct 26, 2016
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $775,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Oct 31, 2016
  • Previous Mortgage Loan Amount: $408,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Benton



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Frequently Asked Questions

What neighborhood is 3457 Northwest Terrace Drive located in?
The 3457 Northwest Terrace Drive is a located in the neighborhood of Benton in Benton, Albany.
What is the average sales price for listings in 3457 Northwest Terrace Drive?
The average sales price for units in 3457 Northwest Terrace Drive is $0 currently.

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