Step into modern comfort with this beautiful townhome in Happy Valley's highly sought-after community. Designed with style and functionality, this property is perfect for families, professionals, or anyone searching for their ideal home. Spacious Layout: With 3 bedrooms and 2.5 bathrooms, this home offers room to grow and entertain. Stylish Finishes: Beautiful laminate floors throughout the main areas and durable quartz countertops create an elegant yet low-maintenance living space. This townhome shares just one wall, offering added privacy and a more detached feel. Located minutes from shops, restaurants, and essential services. Live your best life with easy access to a nearby park and a community pool—perfect for family recreation and relaxation. Don’t miss out on this opportunity to own a gorgeous, well-located townhome in Happy Valley. Schedule your tour today and envision your future in this fantastic home!
Sold
$455,000
12451 SE Water Drop Way, Happy Valley, OR 97086
3beds
1,520sqft
Residential, Townhouse
Built in 2021
2,178 Square Feet Lot
$445,500 Zestimate®
$299/sqft
$2,705 Estimated rent
Home value
$445,500
$414,000 - $477,000
$2,705/mo
Zestimate® history
Owner options
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$2,705/mo
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$2,705/mo
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$3,008/mo
Est. payment
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$3,008/mo
Est. payment
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List your homeWhat's special
Stylish finishesCommunity poolLaminate floorsSpacious layoutDurable quartz countertops
Zillow last checked:
Listing updated:
Listed by:
Christopher Lopez Lizbeth@treecityhomes.com,
Tree City Real Estate,
Lizbeth Abbott 503-757-1869,
Tree City Real Estate
Bought with:
Joel Hamley, 200411095
John L. Scott Portland Central
Source: RMLS (OR),MLS#: 24220229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Double Sinks, Vaulted Ceiling, Walkin Closet, Wallto Wall Carpet
- Level: Upper
- Area: 192
- Dimensions: 12 x 16
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 135
- Dimensions: 9 x 15
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 117
- Dimensions: 9 x 13
Dining room
- Features: Patio, Sliding Doors
- Level: Main
- Area: 56
- Dimensions: 7 x 8
Family room
- Features: Fireplace, Patio, Sliding Doors, Vaulted Ceiling
- Level: Main
- Area: 266
- Dimensions: 14 x 19
Kitchen
- Features: Dishwasher, Disposal, Gas Appliances, Microwave, Pantry, Quartz
- Level: Main
Heating
- Mini Split, Fireplace(s)
Cooling
- Wall Unit(s)
Appliances
- Included: Built In Oven, Dishwasher, Disposal, Free-Standing Refrigerator, Plumbed For Ice Maker, Gas Appliances, Microwave, Tankless Water Heater
- Laundry: Laundry Room
Features
- Vaulted Ceiling(s), Closet, Pantry, Quartz, Double Vanity, Walk-In Closet(s)
- Flooring: Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Storm Window(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Yard
- Fencing: Fenced
- Has view: Yes
- View description: Seasonal
Lot
- Size: 2,178 Square Feet
- Features: Level, Sprinkler, SqFt 0K to 2999
Details
- Parcel number: 05035866
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subtype: Residential, Townhouse
- Attached to another structure: Yes
Materials
- Cement Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2021
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Commons, Exterior Maintenance, Maintenance Grounds, Management, Meeting Room, Party Room, Pool
- HOA fee: $170 monthly
Location
- Region: Happy Valley
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $474,163
- Annual tax amount: $5,169
- Date on market: 1/4/2025
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2025 | Sold | $455,000+0%$299/sqft |
Source:  RMLS (OR) #24220229 Report a problem | ||
| 1/6/2025 | Pending sale | $454,900$299/sqft |
Source: RMLS (OR) #24220229 Report a problem | ||
| 1/4/2025 | Listed for sale | $454,900$299/sqft |
Source: RMLS (OR) #24220229 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,351 +3.5% | $261,231 +3% |
| 2024 | $5,169 +2.8% | $253,623 +3% |
| 2023 | $5,029 +5.3% | $246,236 +3% |
| 2022 | $4,773 +178.6% | $239,065 +203.7% |
| 2021 | $1,713 +19.2% | $78,714 +3% |
| 2020 | $1,438 | $76,422 |
Find assessor info on the county website
Neighborhood: 97086
Nearby homes
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- $486,0003 bd2 ba1.5k sqft12475 SE Water Drop Way, Happy Valley, OR 97086Off Market
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Nearby schools
GreatSchools rating
- 10/10Scouters Mountain Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Happy Valley Middle SchoolGrades: 6-8Distance: 1.6 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Scouters Mtn
- Middle: Happy Valley
- High: Clackamas
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$445,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$445,500
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 12451 SE Water Drop Way
