1240 7th Ave SW is a 1,216 square foot house on a 7,405 square foot lot with 3 bedrooms and 1 bathroom. - it last sold on November 19, 1997 for $40,000. Based on Redfin's Albany data, we estimate the home's value is $338,555.
Single-familyProperty Type
1932Year Built
7,405 sq ftLot Size
$278Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$338,555
$299K since sold in November 1997$13K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 14% lower than the average sale price ($394K) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RS-6.5
Residential Single-Family District
The R-6.5 District is intended primarily for low-density urban residential development that includes single dwelling units, townhouses, and middle housing (duplexes, triplexes, fourplexes, and cottage clusters). The average standard lot size for single-dwelling units and duplexes is 6,500 sq ft.
Apr 25, 2025 • Final
One- & two-family - electrical
Install a roof-mounted solar photovoltaic system with eleven panels. Upgrade the electrical service to a new main bus and main breaker.
Electrical
Solar
Apr 25, 2025 • Final
One- & two-family - solar system
Install a roof-mounted solar photovoltaic system on a residential building.
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
Fireplace Type: Wood Stove
Has Fireplace
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Fair
Foundation Type: Block
Construction Type: Frame
Exterior Wall: Wood
Roof Covering Type: Composition Shingle
Roof Shape Type: Composition Shingle
Building Type: Industrial
Property Information
Subdivision Name: CITY VIEW ADD
Living Sq. Ft: 1,216
Ground Floor Sq. Ft: 912
# of Stories: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,405
Legal Lot Number: 1
Legal Block Number: 2
School Tax District: ALBANY
Municipality Name: ALBANY
Acres: 0.17
State Use Description: RESIDENTIAL IMPROVED
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Tax Area: ALBANY
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,216
Stories: 1.0
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1932
Year Renovated: 1964
County: Linn County
APN: 00132296
Home facts updated by county records on Jul 23, 2026
Around this home
Schools
Takena Elementary School
Public K-2 • Assigned • 0.3mi
Memorial Middle School
Public 6-8 • Assigned • 0.6mi
5/10
West Albany High School
Public 9-12 • Assigned • 0.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Albany, OR • 97321
Average low and high temperatures (°F)
48
34
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43
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44
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86
57
85
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78
55
64
46
53
43
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41
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Feb
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May
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Sun exposure
In this area, properties receive around 10.2 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$322,000 – $390,000
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