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Single Family ResidenceResidential
$713,138$254 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $355,000 on Oct 8, 2008

1240 LAKEWOOD DR SW

ALBANY, OR 97321
4
Beds
3 / 1
Baths
2,805 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.83 ac
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$713K
$694K low$732K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$355,000 · Oct 8, 2008
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$429,138
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$343,310
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.43%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$284,000
GREYSTONE RESIDENTIAL FUNDING · recorded Oct 8, 2008

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,510 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$427,590 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$415,140
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$724,540

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.73 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyLinn
Lot (acres)The size of the land the home sits on, from county records.0.83
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Heat Pump
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 414 ft²Porch · 171 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Liberty Elementary SchoolA-
Elementary · Grades KG–5 · 0.6 mi
H
West Albany High SchoolA-
High · Grades 9–12 · 0.9 mi
M
Memorial Middle SchoolC+
Middle · Grades 6–8 · 0.9 mi

District: Greater Albany School District 8j

Neighborhood · ZIP 97321These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.67
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.159

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.29,981
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.430 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$99,074
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$111,680
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.44 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1240 Lakewood Dr Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 95% of homes in West Albany
  • Costs less per square foot than 73% of homes in Albany 97321
  • Bigger than 95% of homes in Linn County
  • Has a bigger lot than 95% of homes in West Albany
  • Older than 69% of homes in Linn County

What homes are worth in Albany 97321

Each bar is how many homes fall in that price range. The marker is this home.

This home
$269K$965K

This home is worth more than 89% of homes in Albany 97321.

How it measures up in Albany 97321

The dot is this home. The mark in the middle is the typical home in Albany 97321.

Estimated value$713,138
CheaperTypical $521,140Pricier

Pricier than 89% of homes nearby

Price per ft²$254
CheaperTypical $286Pricier

Pricier than 27% of homes nearby

Living area2,805 ft²
SmallerTypical 1,820 ft²Bigger

Bigger than 89% of homes nearby

Lot size0.83 ac
SmallerTypical 0.23 acBigger

Bigger than 84% of homes nearby

Year built1966
OlderTypical 1979Newer

Newer than 34% of homes nearby

How 1240 Lakewood Dr Sw ranks against every home in each area.
MeasureThis homeWest AlbanyAlbany 97321Linn County
Estimated valuepricier than$713,13895% of homes89% of homes90% of homes
Price per ft²pricier than$25435% of homes27% of homes30% of homes
Living areabigger than2,805 ft²90% of homes89% of homes95% of homes
Lot sizebigger than0.83 ac95% of homes84% of homes68% of homes
Year builtnewer than196643% of homes34% of homes31% of homes

About 1240 Lakewood Dr Sw

How much is 1240 Lakewood Dr Sw, Albany, OR worth?

The TopHap Estimate for 1240 Lakewood Dr Sw, Albany, OR is $713,138 as of Jul 14, 2026. The likely range is $694,451 to $731,825. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1240 Lakewood Dr Sw, Albany, OR last sell?

1240 Lakewood Dr Sw, Albany, OR last sold on Oct 8, 2008 for $355,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 1240 Lakewood Dr Sw, Albany, OR?

1240 Lakewood Dr Sw, Albany, OR has 4 bedrooms, 3 bathrooms, 2,805 square feet of living space and a 0.83-acre lot.

When was 1240 Lakewood Dr Sw, Albany, OR built?

1240 Lakewood Dr Sw, Albany, OR was built in 1966, making it 60 years old. It is a ranch home. The building has 1 story.

What schools serve 1240 Lakewood Dr Sw, Albany, OR?

1240 Lakewood Dr Sw, Albany, OR is assigned to Liberty Elementary School (elementary), rated A-; West Albany High School (high), rated A-; Memorial Middle School (middle), rated C+. All sit in Greater Albany School District 8j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1240 Lakewood Dr Sw, Albany, OR compare to other homes in Albany 97321?

Among the 10,775 homes in Albany 97321, it is worth more than 89% of them ($713,138 against a typical $521,140), its price per square foot is higher than 27% of them ($254 against a typical $286), it is bigger than 89% of them (2,805 ft² against a typical 1,820 ft²), its lot is bigger than 84% of them (0.83 ac against a typical 0.23 ac) and it is newer than 34% of them (1966 against a typical 1979). Measured against all of Linn County, it is worth more than 90% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1240 Lakewood Dr Sw, Albany, OR?

The 2025 property tax bill for 1240 Lakewood Dr Sw, Albany, OR was $8,510. The county assessed it at $427,590.

Closest homes

More homes in Albany 97321

Assigned schools

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