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$550,000
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Property Description
Historic Albany Charm Meets Modern Comfort! Step into a piece of Albany's history with this early 1900s original home, lovingly owned by the same family for over 55 years before Sellers bought it. This timeless beauty combines vintage character with thoughtful modern updates, offering the best of both worlds. Inside, you'll find 5 bedrooms, 3 bathrooms (two of which are fully remodeled and updated), an office, and a bonus room-a total of 20 spacious rooms on a rare double lot. The remodeled kitchen blends classic style with contemporary luxury, featuring a farmhouse sink, 6-burner gas range, quartz countertops, and direct access to a deck overlooking the lush backyard, complete with apple, pear, fig, cherry, and persimmon trees! Refinished original wood floors, leaded glass windows, and updated windows throughout. The finished daylight basement offers the beginnings of a full bath and has the potential to become a private ADU with its own entrance, perfect for multi-generational living or added income. Notable upgrades include additional wall and attic insulation, a top-rated roof (2012), newer vinyl fencing, and exceptional solar potential. The property also boasts a double car garage and a detached carriage house, ideal for a workshop or creative space. Perfectly located near OSU, this home is ideal for investors, large families, or anyone drawn to the character of Albany's historic homes-with all the modern comforts already in place. Come experience the history, warmth, and versatility of this truly special home!
Full Property Details
Full Property Details for 1420 Park Terrace
General
- Price: $550,000
- Taxes: $6,346 (2024)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 394442694
- Updated: 1/2/2026
- Added to Site: 88 day(s) ago
Interior
- Interior Features: Garage Door Opener, High Ceilings, Laundry, Luxury Vinyl Plank, Quartz, Separate Living Quarters/Apartment/Aux Living Unit, Tile Floor, Washer/Dryer, Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Built-in Range, Butler's Pantry, Cook Island, Dishwasher, Disposal, Free-Standing Refrigerator, Gas Appliances, Microwave, Pantry, Plumbed For Ice Maker, Quartz, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper - Full Baths: 1
- Main - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Primary Bedroom: 13 x 11, Main, 143 Sq. Ft.
- Bedroom 2: 13 x 9, Main, 117 Sq. Ft.
- Bedroom 3: 10 x 14, Upper, 140 Sq. Ft.
- Bedroom 4: 13 x 13, Upper, 169 Sq. Ft.
Other Rooms
- Living Room: 14 x 13, Main, 182 Sq. Ft.
- Family Room: 27 x 13, Main, 351 Sq. Ft.
- Kitchen: 13 x 10, Main, 130 Sq. Ft.
- Dining Room: 24 x 15, Main, 360 Sq. Ft.
Additional Information
- Security/Safety: None
Exterior
- Exterior Features: Deck, Fenced, Garden, Patio, Porch, Poultry Coop, Raised Beds, RV Parking, RV/Boat Storage, Second Garage, Sprinkler, Tool Shed, Workshop, Yard
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Driveway, Parking Pad
Location
- County: Linn
- Driving Directions: From 99E, West on Queen, R on Park Terrace
School Information
- Elementary School: Takena
- Middle School: Memorial
- High School: West Albany
Community
- Community Name: 221 - Linn County
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 2 Story, Traditional
- Basement Desc.: Finished, Full Basement
- Roof: Composition
- Windows: Double Pane Windows, Wood Frames
- Stories/Levels: 3
- Square Feet: 4,484
- Year Built: 1910
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Concrete, Paved
- Lot Features: Green Belt, Orchard, Private, Seasonal, Secluded, Trees
Financial Considerations
- Tax Amount: $6,346.3
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Legal Description: 11S04W12CA
- Disclosures/Reports: Disclosure
- Property ID: 138566
Listed by Redfin (503) 496-7620, Shana Stull (541) 337-2100
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Schools
Schools serving 1420 Park Terrace
School District:Greater Albany School District 8j
| Name | Grades | Distance |
|---|---|---|
Takena Elementary School 1210 Southwest 12th Avenue, Albany, OR 97321 | K-2 | 0.1 mi |
Central Elementary School, Albany, OR 336 Southwest 9th Avenue, Albany, OR 97321 | 3-5 | 0.8 mi |
Memorial Middle School 1050 Southwest Queen Avenue, Albany, OR 97321 | 6-8 | 0.4 mi |
West Albany High School 1130 Southwest Queen Avenue, Albany, OR 97321 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1420 Park Terrace
Date
Details
Price
Change
Source
12/11/2025
Price Reduced
$550,000
-3.49%
MLS
11/14/2025
Price Reduced
$569,900
-3.39%
MLS
10/21/2025
Listed
$589,900
53.22%
MLS
10/02/2020
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 1420 Park Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,536
3%
$328,420
3%
2024
$6,346
3%
$318,860
3%
2023
$6,166
8%
$309,580
6%
2021
$5,711
-6%
$291,820
-3%
2022
$6,069
6%
$300,570
6%
2021
$5,711
4%
$283,330
3%
2019
$5,503
3%
$275,080
3%
2018
$5,361
3%
$267,070
3%
2017
$5,205
24%
$259,300
11%
2016
$4,192
4%
$234,160
3%
2015
$4,047
9%
$227,340
5%
2014
$3,714
5%
$216,170
5%
2013
$3,547
—
$205,600
—
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 1420 Park Terrace
1420 Park Ter, Albany, OR 97321 (MLS# 394442694) is a Single Family property with 5 bedrooms and 3 full bathrooms. 1420 Park Ter is currently listed for $550,000 and was received on October 21, 2025. Want to learn more about 1420 Park Ter? Do you have questions about finding other Single Family real estate for sale in Albany? You can browse all Albany real estate or contact a Coldwell Banker agent to request more information.

