Helpful concession with acceptable offer! Located in one of the most sought-after neighborhoods, this home stands out as a rare find in an area where purchasing a property is truly challenging. Featuring four spacious bedrooms, two inviting living rooms, and a versatile bonus room, the house offers ample space for both relaxation and entertainment. The property sits on a huge lot that has been beautifully landscaped, providing a picturesque outdoor setting perfect for gatherings or quiet evenings. Homes like this seldom become available, making it an exceptional opportunity for any buyer.
West Albany, located between the Willamette River and Oak Creek, is a residential and commercial Albany neighborhood with riverfront views and a patchwork of parks. The neighborhood’s character concentrates around the Heritage Mall area along Pacific Boulevard SW, where big-box storefronts, local services, and steady traffic set a practical, errands-first rhythm. Mid-century ranch homes and newer subdivisions mix with light industrial edges near the rail corridor. Dave Clark Trail traces the riverbank for walking and biking, linking green space to everyday streets. West Albany High School and West Albany Memorial Park act as civic anchors with fields and open lawns. Downtown Albany’s historic core sits across the river for galleries, cafes, and riverfront events.
Provided by Walk Score and Local Logic
Market insights
2715 Park Ter · $769,000
DAYS ON MARKET
29 days
The average home goes pending in 78 days.
SALE-TO-LIST
98.5%
Most homes are selling 2% below list price.
LIST PRICE
$769,000
Median sale price in this area is $394,684. (49% lower than this home)
PRICE DROP
1 price drop
32% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
2 fireplaces
Gas and wood-burning fireplaces
Bonus room
Dining room
Family room
Living room
Great room
Bedrooms
4 bedrooms
Primary bedroom on the main level
Second, third, and fourth bedrooms on the upper level
Bathrooms
2 full bathrooms and 1 half bathroom
Kitchen
Dishwasher
Laundry & utility
Laundry room on the main level
Flooring
Laminate, tile, and wood flooring
Heating & cooling
Forced-air heating
Mini-split cooling
Exterior features
Deck
Fenced yard
Lap siding and wood siding
Home design
Single-family residence
Parking
Driveway
RV parking
Detached 2-car garage
Construction
Built in 1958
Composition roof
Slab foundation
Utilities
Public water
Septic tank
Electricity
Electric and gas hot water
Electricity and solar
View estimated energy costs and solar savings for this home
Accepted Offer with Contingencies. $20k concession with acceptable offer! Rare West Albany home offering 3,418 SF, 4 bedrooms, 2.5 baths and exceptional space on a beautifully landscaped .50-acre lot! Two living areas, bonus room/office, walk-in pantry and two fireplaces provide flexible spaces for gathering, working and relaxing. Enjoy territorial views, a deck, fenced yard, detached 2-car garage and RV/boat storage. An impressive combination of space, privacy and versatility in an established West Albany neighborhood with no HOA! Some homes offer more square footage. Others offer more land. 2715 Park Terrace gives you the rare opportunity to enjoy both—in an established West Albany setting where properties with this kind of space don't come along often.With 3,418 square feet, 4 bedrooms and 2.5 baths, this home provides room to gather while still giving everyone space to spread out. Two separate living areas create flexibility for entertaining and everyday life, while the bonus room offers even more possibilities as a home office, media room, hobby space, playroom or guest retreat.Warmth and character are found throughout, including two fireplaces—wood burning in the living room and gas in the family room. The kitchen is complemented by a breakfast nook and walk-in pantry, providing the storage and functionality that make a larger home work beautifully for daily living and entertaining.Then step outside and discover what truly sets this property apart.Situated on approximately half an acre, the beautifully landscaped grounds create a sense of space and privacy that's increasingly difficult to find within Albany. Enjoy territorial views from the deck, entertain outdoors, garden, or simply appreciate having room around you. The fenced yard adds versatility, while RV/boat storage provides a valuable place for recreational vehicles and equipment right at home.A detached 2-car garage adds even more useful storage and parking, and there is no HOA.Located in West Albany, this is a home for buyers who don't want to choose between an established neighborhood and having room to breathe.If your wish list includes 4 bedrooms, multiple living spaces, a home office or bonus room, half-acre lot, RV/boat storage, garage space and outdoor living, 2715 Park Terrace offers a combination that's genuinely difficult to duplicate.Come experience just how much space—and possibility—this property has to offer.
Public Records
May 8, 2015
Sold
$355,000
$104/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,590 (+3.0%)
2024
$9,312 (+2.9%)
2023
$9,047 (+1.6%)
2022
$8,904 (+6.3%)
2021
$8,380 (+1.3%)
2020
$8,268 (+2.4%)
2019
$8,074 (+2.7%)
2018
$7,865 (+3.4%)
2017
$7,607 (+9.2%)
2016
$6,968 (+5.3%)
2015
$6,620 (+5.1%)
2014
$6,298 (+3.7%)
2013
$6,075 (+6.0%)
2012
$5,729 (−5.6%)
2011
$6,068 (+3.7%)
2010
$5,852 (+3.1%)
2009
$5,674 (+3.5%)
2008
$5,482
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
—
Finished Sq. Ft.
3,418
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,418
Year built
1958
Style
Single Family Residential
County
Linn County
APN
00146411
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
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.
Mar 2, 2026 • Final
One- & two-family - plumbing
Replace drain lines connecting to existing fixtures and relocate a clothes washer box. Replace the existing water heater with a new electric water heater.
Plumbing
Water heater
Oct 20, 2025 • Final
One- & two-family - electrical
Install two new sump pump circuits and a new heat pump. Install four kitchen circuits and relocate the washer and dryer. Perform miscellaneous electrical work.
Electrical
HVAC
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.
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
51
37
58
43
65
44
71
49
77
53
85
56
85
60
78
55
63
46
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Albany. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2715 Park Ter
$755,246
$14K under list price of $769K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $483K to $680K.