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Sold
  • $658,000

    12651 SE 123rd Ave, Happy Valley, OR 97086

    5beds
    2,990sqft
    Residential, Single Family Residence
    Built in 1977
    -- sqft lot
    $659,600 Zestimate®
    $220/sqft
    $4,706 Estimated rent

    Home value

    $659,600

    $627,000 - $699,000

    $4,706/mo

    Zestimate® history
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    What's special

    Cozy fireplaceFormal dining areaTrex deckWest-facing deckWalk-in closetSpacious family roomSunny eating nook
    Tucked away on a quiet corner lot in a serene cul-de-sac, this spacious contemporary home offers a private oasis surrounded by mature trees and lush landscaping. Step inside to an open living room featuring vaulted ceilings and a cozy fireplace, flowing seamlessly into the formal dining area with access to a west-facing deck—perfect for sunset dining.The upgraded kitchen features granite countertops, soft-close Hickory cabinets and drawers, and all newer stainless steel appliances. Enjoy casual meals in the sunny eating nook with a Trex deck just outside for easy indoor-outdoor living. Bamboo flooring leads to three main-level bedrooms, including a generous primary suite with a walk-in closet, private balcony, and bath with oversized shower and skylight. The lower level is ideal for multi-generational living or an ADU setup, complete with a separate entrance, ADA-accessible bathroom, wet bar, and fireplace in the spacious family room. Two additional bedrooms and a large storage room provide ample flexibility. Recent updates include a new furnace (2022) and air conditioning (2023), ensuring year-round comfort.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rose Knee 503-547-7771,

    Berkshire Hathaway HomeServices NW Real Estate

    Bought with:

    Molly LeBlanc, 200802165

    Keller Williams PDX Central

    Source: RMLS (OR),MLS#: 507775381MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    Primary bedroom
    • Features: Balcony, Bathroom, Walkin Closet, Walkin Shower
    • Level: Main
    • Area: 238
    • Dimensions: 14 x 17
    Bedroom 2
    • Features: Closet Organizer
    • Level: Main
    • Area: 132
    • Dimensions: 11 x 12
    Bedroom 3
    • Features: Closet
    • Level: Main
    • Area: 132
    • Dimensions: 11 x 12
    Bedroom 4
    • Features: Closet
    • Level: Lower
    • Area: 130
    • Dimensions: 13 x 10
    Bedroom 5
    • Features: Closet
    • Level: Lower
    • Area: 130
    • Dimensions: 13 x 10
    Dining room
    • Features: Balcony
    • Level: Main
    • Area: 182
    • Dimensions: 13 x 14
    Family room
    • Features: Fireplace, Wet Bar
    • Level: Lower
    • Area: 288
    • Dimensions: 18 x 16
    Kitchen
    • Features: Builtin Range, Deck, Eat Bar, Eating Area, Pantry, Bamboo Floor, Water Purifier
    • Level: Main
    • Area: 156
    • Width: 12
    Living room
    • Features: Fireplace, Vaulted Ceiling, Wallto Wall Carpet
    • Level: Main
    • Area: 272
    • Dimensions: 17 x 16
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Dishwasher, Disposal, Stainless Steel Appliance(s), Water Purifier, Washer/Dryer, Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Closet, Closet Organizer, Balcony, Wet Bar, Eat Bar, Eat-in Kitchen, Pantry, Vaulted Ceiling(s), Bathroom, Walk-In Closet(s), Walkin Shower, Granite
    • Flooring: Bamboo, Wall to Wall Carpet
    • Windows: Double Pane Windows, Vinyl Frames
    • Basement: Daylight,Full,Separate Living Quarters Apartment Aux Living Unit
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,990
    • Total interior livable area: 2,990 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Attached
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Entrance, Accessible Full Bath, Natural Lighting, Accessibility
    Features
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Yard, Balcony
    • Fencing: Fenced
    • Has view: Yes
    • View description: Mountain(s), Territorial, Trees/Woods
    Lot
    • Features: Corner Lot, Cul-De-Sac, Trees, Sprinkler, SqFt 7000 to 9999
    Details
    • Additional structures: SeparateLivingQuartersApartmentAuxLivingUnit
    • Parcel number: 00420002
    • Zoning: R-1-4

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cedar, Wood Siding
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Happy Valley
    • Subdivision: Quietwoods

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $35 annually

    Other

    Other facts
    • Listing terms: Call Listing Agent,Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/12/2026Sold$658,000-5.9%$220/sqft
    Source: RMLS (OR) #507775381 Report a problem
    12/13/2025Pending sale$699,000$234/sqft
    Source: RMLS (OR) #507775381 Report a problem
    11/7/2025Listed for sale$699,000+197.4%$234/sqft
    Source: RMLS (OR) #507775381 Report a problem
    2/24/2004Sold$235,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,844 +3.7%$359,587 +3%
    2024$6,603 +2.9%$349,114 +3%
    2023$6,417 +5.7%$338,946 +3%
    2022$6,073 -17.4%$329,074 +3%
    2021$7,350 +29.7%$319,490 +3%
    2020$5,669 -8.9%$310,185 +3%
    2019$6,220 +11.1%$301,151 +3%
    2018$5,600 $292,380 +3%
    2017$5,600 +6.8%$283,864 +3%
    2016$5,246 $275,596 +3%
    2015$5,246 +3%$267,569 +3%
    2014$5,092 +26.2%$259,776 +3%
    2013$4,036 +1.4%$252,210 +3%
    2012$3,980 -13%$244,864 +3%
    2011$4,576 +5.8%$237,732 +3%
    2010$4,325 +3.4%$230,808 +3%
    2009$4,181 +10.7%$224,085 +3%
    2008$3,776 +11.3%$217,558 +3%
    2007$3,394 +11.6%$211,221 +3%
    2006$3,041 +1.4%$205,069 +3%
    2005$2,998 +3%$199,096 +3%
    2004$2,911 +1.9%$193,297 +3%
    2003$2,857 +0.6%$187,667 +3%
    2002$2,841 +5.1%$182,201 +3%
    2001$2,702 +1.9%$176,894 +3%
    2000$2,651 $171,742

    Find assessor info on the county website

    Neighborhood: 97086

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Spring Mountain
    • Middle: Rock Creek
    • 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
    $659,600
    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
    $659,600