For developers and investors, this property is over 19 acres with approximately 16 acres developable (40-50 lots) in Albany, Oregon. This property offers a prime opportunity in a county UGA zone, strategically positioned next to existing development land for significant future value potential. Featuring two homes, with utilities already in place, and a picturesque creek running through, the property combines space, privacy, and natural appeal. See MLS#8312268
Pending
Listed by: Tradition Real Estate Partners
$1,125,000
312 Ellingson Rd SE, Albany, OR 97322
3beds
2,164sqft
Est.:
Single Family Residence
Built in 1963
20.03 Acres Lot
$1,048,700 Zestimate®
$520/sqft
$-- HOA
What's special
Gravel driveway
- 209 days |
- 366 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: February 17, 2026 at 12:42pm
Listed by:
DAVE SMITH Cell:503-939-7099,
Tradition Real Estate Partners,
A J NASH,
Tradition Real Estate Partners
Source: WVMLS,MLS#: 832274
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric
Appliances
- Included: Electric Range, Electric Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Laminate
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,164
- Total interior livable area: 2,164 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Partial
Lot
- Size: 20.03 Acres
Details
- Additional structures: Barn(s), Workshop, Shed(s), RV/Boat Storage
- Parcel number: 00129359
- Zoning: UGA-UGM-5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Lap Siding
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 1/Main
- Sewer: Septic Tank
- Water: Public, Possible, Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $520/sqft
- Tax assessed value: $719,570
- Annual tax amount: $2,584
- Price range: $1.1M - $1.1M
- Date on market: 8/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: LS Contract,Cash,Conventional
Estimated market value
$1,048,700
$996,000 - $1.10M
$2,175/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Pending sale | $1,125,000$520/sqft |
Source:  WVMLS #832274 Report a problem | ||
| 8/13/2025 | Price change | $1,125,000-25%$520/sqft |
Source: WVMLS #832268 Report a problem | ||
| 8/5/2025 | Listed for sale | $1,500,000$693/sqft |
Source: WVMLS #832268 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,584 +2.9% | $176,037 +3% |
| 2023 | $2,510 +1.1% | $170,915 +3% |
| 2022 | $2,482 | $165,943 +3% |
| 2021 | -- | $161,116 +3% |
| 2020 | $2,289 +2.2% | $156,425 +3% |
| 2019 | $2,239 +2.5% | $151,870 +3% |
| 2018 | $2,184 | $147,449 +3% |
| 2017 | $2,184 +3% | $143,163 +3% |
| 2016 | $2,120 +8.9% | $139,002 +5.4% |
| 2015 | $1,946 +3.8% | $131,865 -2% |
| 2014 | $1,874 +2.7% | $134,510 +3% |
| 2013 | $1,825 +939.6% | $130,530 +3% |
| 2012 | $176 -89.7% | $126,750 +3% |
| 2011 | $1,704 +6.1% | $123,080 +3% |
| 2010 | $1,606 +6.5% | $119,515 +3% |
| 2009 | $1,508 | $116,063 +3% |
| 2008 | $1,508 +3.3% | $112,684 +3.5% |
| 2007 | $1,460 +16.7% | $108,849 +3% |
| 2006 | $1,251 +2.7% | $105,679 +3% |
| 2005 | $1,218 +2.3% | $102,601 +3% |
| 2004 | $1,190 +3.2% | $99,615 +3% |
| 2003 | $1,153 +8% | $96,715 +3% |
| 2002 | $1,068 | $93,898 +3% |
| 2001 | -- | $91,164 +3% |
| 2000 | -- | $88,509 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,216/mo
Principal & interest
$5410
Property taxes
$806
Climate risks
Neighborhood: 97322
Nearby schools
GreatSchools rating
- 7/10Tangent Elementary SchoolGrades: K-5Distance: 3.4 mi
- 4/10Memorial Middle SchoolGrades: 6-8Distance: 2.5 mi
- 8/10West Albany High SchoolGrades: 9-12Distance: 2.5 mi
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