This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/43
$950,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/43
Property Description & Video
3457 Terrace Dr NW, Albany, ORVideo Tour of 3457 Terrace Dr NW, Albany, OR.
Some homes give you space. This one gives you options. Set on a half-acre in North Albany, this unique property brings together an updated main home, separate living quarters, a two-bay shop and a 20x40 heated pool-all in one incredibly versatile package. Inside the main home, recent improvements include new LVP flooring, a beautifully renovated lower-level bath with quartz and tiled walk-in shower, an updated kitchen and a newer roof. The separate 780 sq. ft. living quarters offers its own bedroom, full bath, kitchenette, laundry and living space, creating an ideal setup for multigenerational living, extended guests, work-from-home flexibility or potential income use. Outside, Trex-style decking creates plenty of room to enjoy the pool and outdoor spaces, while the shop adds even more room for vehicles, projects and storage. Qualified buyers may also have the rare opportunity to assume the seller's existing 2.5% VA loan, subject to loan servicer approval. Whether you're looking for room for generations to live together, space to create or work, or a property with income potential, this is the kind of setup that's difficult to replicate. Mortgage savings may be available for buyers of this listing.
Full Property Details
Full Property Details for 3457 Terrace Dr NW
General
- Price: $950,000
- Taxes: $5,992 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 845938
- Updated: 9/24/2026
- Added to Site: 18 day(s) ago
Interior
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Description: Attached
Location
- County: BENTON COUNTY
- Subdivision: POWERS PARK
School Information
- Elementary School: Oak Grove
- Middle School: North Albany
- High School: West Albany
Heating & Cooling
- Heating/Cooling: Gas, Central AC, Forced Air
- Water Heater: Electric
Utilities
- Water: City
Structural Information
- Basement Desc.: Daylight, Finished, Full
- Roof: Composition
- Square Feet: 2,304
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Zoning: Rr-2
Financial Considerations
- Price Per Sq. Ft.: $412.33
- Assessment Year: 1972
- Tax Amount: $5,992
- Tax Year: 2025
Get Pre-Approved Today
Get a Great Insurance Rate
Price & Sales History for 3457 Terrace Dr NW
Date
Details
Price
Change
Source
9/24/2026
Listed
$950,000
22.58%
MLS
10/11/2021
Sold
$775,000
—
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 3457 Terrace Dr NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,992
3%
$427,762
3%
2024
$5,822
3%
$415,303
3%
2023
$5,655
7%
$403,207
6%
2021
$5,274
-6%
$380,061
-3%
2022
$5,597
6%
$391,463
6%
2021
$5,274
11%
$368,991
3%
2019
$4,740
-1%
$358,244
3%
2018
$4,769
3%
$347,810
3%
2017
$4,628
10%
$337,680
3%
2016
$4,203
4%
$327,845
3%
2015
$4,024
3%
$318,296
3%
2014
$3,914
3%
$309,025
3%
2013
$3,804
—
$300,024
—
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 3457 Terrace Dr NW
3457 Terrace Dr NW, Albany, OR 97321 (MLS# 845938) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 3457 Terrace Dr NW is currently listed for $950,000 and was received on September 24, 2026. Want to learn more about 3457 Terrace Dr 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.

