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$800,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1337 Penny Ln NW
General
- Price: $800,000
- Taxes: $7,592 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 840863
- Updated: 5/12/2026
- Added to Site: Today
Interior
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Description: Attached
Location
- County: BENTON COUNTY
- Subdivision: Gibson Heights
- Driving Directions: N Albany Rd, to Gibson Hill, Left onto Penny Lane.
School Information
- Elementary School: Oak Grove
- Middle School: North Albany
- High School: West Albany
Heating & Cooling
- Heating/Cooling: Gas, Central AC, Heat Pump, Forced Air
- Water Heater: Gas
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Basement Desc.: Daylight, Finished
- Roof: Composition
- Square Feet: 3,333
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,473
- Zoning: Albany-RS-10
- Lot Description: 10
Financial Considerations
- Price Per Sq. Ft.: $240.02
- Assessment Year: 2004
- Tax Amount: $7,592
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 10
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Schools
Schools serving 1337 Penny Ln NW
School District:Greater Albany School District 8j
| Name | Grades | Distance |
|---|---|---|
Oak Grove Elementary School, Albany, OR 1500 Northwest Oak Grove Drive, Albany, OR 97321 | 2-5 | 1.2 mi |
North Albany Middle School 1205 Northwest North Albany Road, Albany, OR 97321 | 6-8 | 0.6 mi |
West Albany High School 1130 Southwest Queen Avenue, Albany, OR 97321 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1337 Penny Ln NW
Date
Details
Price
Change
Source
5/12/2026
Listed
$800,000
107.79%
MLS
10/25/2013
Sold
$385,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1337 Penny Ln NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,592
3%
$403,547
3%
2024
$7,371
3%
$391,793
3%
2023
$7,162
7%
$380,382
6%
2021
$6,681
-5%
$358,547
-3%
2022
$7,055
6%
$369,303
6%
2021
$6,681
8%
$348,104
3%
2019
$6,189
—
$337,965
3%
2018
$6,216
3%
$328,121
3%
2017
$6,035
8%
$318,564
3%
2016
$5,586
5%
$309,285
3%
2015
$5,322
2%
$300,277
3%
2014
$5,195
3%
$291,531
3%
2013
$5,063
—
$283,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1337 Penny Ln NW
1337 Penny Ln NW, Albany, OR 97321 (MLS# 840863) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 1337 Penny Ln NW is currently listed for $800,000 and was received on May 12, 2026. Want to learn more about 1337 Penny Ln NW? Do you have questions about finding other Single Family real estate for sale in North Albany? You can browse all North Albany real estate or contact a Coldwell Banker agent to request more information.

