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$734,900
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Property Description & Video
1492 Penny Ln NW, Albany, ORVideo Tour of 1492 Penny Ln NW, Albany, OR.
Accepted Offer with Contingencies. Space to gather, entertain and unwind in this beautiful North Albany custom home! Nearly 3,000 SF offers 4 bedrooms plus flexible spaces for a home office, media room, hobbies or guests. Inside, enjoy a granite kitchen, formal dining, crown molding, French doors, built-ins and a spacious primary retreat. Outside, the established .28-acre setting and pergola create an inviting place to relax or entertain. A warm, distinctive home offering the space and flexibility today's buyers are looking for. Step inside and discover a home designed to give you room to live, gather and make it your own. This North Albany custom home offers nearly 3,000 square feet with 4 bedrooms and an exceptional mix of comfortable everyday spaces and rooms that can easily adapt as your needs change.The granite kitchen provides a welcoming hub for meals and entertaining, complemented by formal dining and generous living areas. Throughout the home, thoughtful architectural details-including crown molding, French doors and built-ins-add character and a sense of quality that sets this home apart. Flexible bonus spaces create possibilities for a dedicated home office, media or game room, hobby space, guest area or additional retreat.At the end of the day, the spacious primary suite offers a comfortable place to unwind with room to truly feel like a retreat rather than simply another bedroom.The living space continues outdoors. Set on an established .28-acre lot, the property offers an inviting outdoor area and pergola perfect for summer dinners, morning coffee or relaxed evenings with friends. Mature surroundings add to the feeling of privacy and permanence.Located in desirable North Albany, this home offers the space that's becoming increasingly difficult to find-without sacrificing character, flexibility or location. Whether you need room for entertaining, working from home, hosting guests or simply spreading out, 1492 NW Penny Ln is a home that can comfortably accommodate the way you live today while giving you options for tomorrow.Come experience the space, craftsmanship and possibilities for yourself.
Full Property Details
Full Property Details for 1492 Penny Ln NW
General
- Price: $734,900
- Taxes: $8,422 (2025)
- Status: Under Contract
- Type: Single Family
- Source: WVMLS
- MLS ID: 841176
- Updated: 10/8/2026
- Added to Site: 118 day(s) ago
Interior
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Color: White
Parking
- Garage Description: Attached
Location
- County: BENTON COUNTY
- Subdivision: Gibson Hill
Heating & Cooling
- Heating/Cooling: Gas, Central AC, Forced Air
- Water Heater: Gas
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 2,924
- Year Built: 1996
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Zoning: RS10
- Lot Description: 40
Financial Considerations
- Price Per Sq. Ft.: $251.33
- Assessment Year: 1996
- Tax Amount: $8,422
- Tax Year: 2025
Disclosures and Reports
- APN: 13x11.4
- Lot Number: 40
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Schools
Schools serving 1492 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 | 2.3 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 1492 Penny Ln NW
Date
Details
Price
Change
Source
9/15/2026
Price Reduced
$734,900
-2%
MLS
8/26/2026
Price Reduced
$749,900
-1.85%
MLS
8/18/2026
Price Reduced
$764,000
-0.65%
MLS
7/14/2026
Price Reduced
$769,000
-2.9%
MLS
6/16/2026
Listed
$792,000
20%
MLS
12/14/2022
Sold
$660,000
—
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 1492 Penny Ln NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,422
3%
$447,673
3%
2024
$8,178
3%
$434,634
3%
2023
$7,945
7%
$421,975
6%
2021
$7,411
-5%
$397,751
-3%
2022
$7,826
6%
$409,684
6%
2021
$7,411
8%
$386,166
3%
2019
$6,865
—
$374,918
3%
2018
$6,896
4%
$363,998
3%
2017
$6,630
12%
$353,396
3%
2016
$5,931
7%
$343,103
3%
2015
$5,518
1%
$333,110
2%
2014
$5,468
-2%
$328,110
3%
2013
$5,555
—
$320,022
—
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 1492 Penny Ln NW
1492 Penny Ln NW, Albany, OR 97321 (MLS# 841176) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1492 Penny Ln NW is currently listed for $734,900 and was received on June 16, 2026. Want to learn more about 1492 Penny Ln NW? 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.

