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Off market
  • $693,700

    12538 SE Capella Ct, Happy Valley, OR 97086

    4beds
    3,600sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $693,700 Zestimate®
    $193/sqft
    $3,738 Estimated rent

    Home value

    $693,700

    $659,000 - $728,000

    $3,738/mo

    Zestimate® history
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    What's special

    Private landscaped yardCustom theater roomQuiet cul-de-sacGenerator hookup

    Managed by Owner Update 7/13/26: Exterior deck maintenance in progress. Showings will resume once complete. Accepting applications now for 8/1 move-in. LUXURY HAPPY VALLEY HOME $3,600/mo base rent +$85 required sewer fee | 4 bed | 3.5 bath | 3,600 sqft | Available July 1st, 2026 Nestled on a quiet cul-de-sac with Mt. Hood views, this 2005 home has it all: Chef's kitchen with top appliances, Custom theater room + 300sf playhouse, Primary suite with double deck & mountain views, Private landscaped yard + generator hookup,2-car garage + driveway parking, Near parks, shopping, Sunnyside Schools Lease terms 12-month lease. $3,685.00/mo total due rent. Includes $85.00 required WES sewer/water utility. Tenant pays all utilities: PGE, NW Natural, Sunrise Water, Hoodview Disposal, and internet. Renters insurance required with $300,000 liability coverage before move-in. Landscape: Tenant responsible for lawn mowing, weeding, watering. Owner maintains irrigation, trees, and shrubs over 6ft. No smoking. Cats and small dogs under 40 lbs considered with owner approval. $50/mo pet rent + $500 refundable pet deposit per pet. 2 pet maximum. SCREENING CRITERIA All applicants 18+ and emancipated minors must submit a complete application through Zillow. Zillow charges applicants a screening fee directly. Easlick Properties does not charge any additional application or screening fees. Income Requirements: Gross monthly household income must equal 2.5 times monthly rent. Example: $3,685 rent requires $9,212 gross monthly income. Credit Requirements: Minimum credit score 620. Compensating factors considered: 2.5x income, additional security deposit, or qualified co-signer. No bankruptcies within 4 years. No unpaid collections to landlords or utilities. No pattern of late payments. Rental & Background History: No prior evictions within 7 years. No unpaid landlord debt. No felony convictions involving property damage or violence within 7 years. Current and past landlord references will be verified. Application Process: Applications processed first come, first served in order completed applications are received through Zillow, per Fair Housing guidelines and Portland FAIR Ordinance. Required Documents - Upload to Zillow: 2 forms of government photo ID showing date of birth 2 most recent pay stubs for all income earners. Self-employed: last year's tax return + current year-to-date profit & loss statement All household members must view the home before approval Approval, Lease Execution & Move-In Deadlines: Lease Execution: Approved applicants have 24 hours from notice of approval to sign rental agreement electronically and pay holding deposit equal to one month's rent. Holding Deposit: Converts to security deposit at move-in. If applicant fails to execute lease within 24 hours, application will be cancelled and Easlick Properties may proceed with next qualified applicant. Possession: Approved applicant must take possession within 72 hours of lease start date. If applicant cancels after lease execution, holding deposit may be forfeited per ORS 90.297

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Forced Air
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Microwave Oven
    • Laundry: In Unit
    Features
    • Soaking Tub
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Has view: Yes
    • View description: Primary Suite With Mt, Hood View
    Lot
    • Features: Cul-De-Sac
    Details
    • Additional structures: Garage(s)
    • Parcel number: 05011637
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $3,600
    • Administrative fee: $85
    Location
    • Region: Happy Valley

    Financial & listing details

    • Price per square foot: $193/sqft
    • Tax assessed value: $627,155
    • Annual tax amount: $7,668
    • Date on market: 6/28/2026
    • Date available: 07/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    7/22/2026Listing removed$3,685$1/sqft
    Source: Zillow Rentals Report a problem
    6/29/2026Listed for rent$3,685+2.4%$1/sqft
    Source: Zillow Rentals Report a problem
    10/10/2024Listing removed$3,600$1/sqft
    Source: Zillow Rentals Report a problem
    3/8/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/5/2024Listed for rent$3,600$1/sqft
    Source: Zillow Rentals Report a problem
    7/31/2018Sold$521,000-0.8%$145/sqft
    Source: RMLS (OR) #18350403 Report a problem
    7/4/2018Pending sale$525,000$146/sqft
    Source: H & H Preferred Real Estate #18350403 Report a problem
    6/20/2018Price change$525,000-3.7%$146/sqft
    Source: H & H Preferred Real Estate #18350403 Report a problem
    6/7/2018Listed for sale$544,950+19.7%$151/sqft
    Source: H & H Preferred Real Estate #18350403 Report a problem
    8/9/2006Sold$455,223$126/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,668 +3.6%$385,216 +3%
    2024$7,401 +2.9%$373,997 +3%
    2023$7,193 +5.5%$363,104 +3%
    2022$6,817 +3.7%$352,529 +3%
    2021$6,573 +4.1%$342,262 +3%
    2020$6,314 +2.1%$332,294 +3%
    2019$6,185 +12%$322,616 +3%
    2018$5,525 +6.4%$313,219 +3%
    2017$5,191 +0.5%$304,096 +3%
    2016$5,166 $295,239 +3%
    2015$5,166 +2.9%$286,640 +3%
    2014$5,020 +10.2%$278,291 +3%
    2013$4,557 +1.3%$270,185 +3%
    2012$4,499 -0.1%$262,316 +3%
    2011$4,504 +4.6%$254,676 +3%
    2010$4,307 +3.1%$247,258 +3%
    2009$4,180 +6.8%$240,056 +3%
    2008$3,914 +1.7%$233,064 +3%
    2007$3,847 +88.7%$226,276 +91.2%
    2006$2,039 +1524.3%$118,327 +1298.5%
    2005$126 $8,461
    Find assessor info on the county website

    Neighborhood: 97086

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $693,700
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    Estimated market value
    $693,700