$619,900
PENDING $40K PRICE DROP

1046 SE Olive Way Estacada, OR 97023

Estimated payment $3,960/month

Total Views 7,195
5 Beds
2.5 Baths
2,545 Sq Ft
$244 Price per Sq Ft

Highlights

  • Spa
  • View of Trees or Woods
  • Vaulted Ceiling
  • RV or Boat Parking
  • Craftsman Architecture
  • Main Floor Primary Bedroom

About This Home

Avoid builder delays and rising interest rates with an assumable loan 2.75% Rate = as low as $2672/mo PITI! Buyer to do due diligence & must qualify w/Seller’s lender. Call for details! Exceptional Custom Home with RV Garage, Builder Upgrades & Large Backyard!! This meticulously maintained one-owner home, built in 2021, is located on a prime corner lot and offers the perfect blend of luxury & functionality suitable for multi-generational living. The main floor features a spacious primary bedroom suite with a luxurious walk-in shower, soaking tub, dual sinks, and a huge walk-in closet. A second room on the main floor could be easily used as a formal dining room for those who like to entertain, 5th bedroom/guest room, office or craft room. Upstairs, you’ll find 3 additional bedrooms, laundry room and a bonus room that could be used as a home gym, media room or playroom! The chef’s kitchen is a dream with a large island, quartz countertops, soft-close cabinetry, a farmhouse sink, a generous walk-in pantry & stainless steel appliances including a gas range. The open-concept living area includes a cozy propane fireplace and dining space leading to a covered patio with propane hookup - perfect for those summer BBQ's AND a hot tub offering the ideal spot to unwind in any weather. Enjoy the spacious, fully fenced backyard that’s ideal for gardeners and has ample room for a kids’ play area! 2 tool sheds offer extra storage. Builder upgrades include: LVP flooring, barn door, honeycomb blinds, high end ceiling fans, plumbed for central vacuum, tankless water heater and air conditioning to keep you cool during those warmer months+MORE! The sprinkler system makes lawn maintenance a breeze. RV bay 27'x12'H is equipped with 2x30-amp hookups making it perfect for storing your small RV, trailer, boat, work van or other toys! Enjoy all that Estacada has to offer with nearby lake & several parks for hiking, fishing, kayaking, etc. Schedule your private tour today!

Listing Agent

Denise Greisen

Century 21 North Homes Realty Brokerage Phone: 503-652-2260 License #200401008 Listed on: 06/03/2025

Century 21 North Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 2021

Lot Details

  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Raised Garden Beds

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Extra Deep Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • RV or Boat Parking

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,545 Sq Ft Home
  • 2-Story Property
  • Plumbed for Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Propane Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Free-Standing Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub
  • Walk-in Shower

Accessible Home Design

  • Accessibility Features
  • Accessible Doors
  • Accessible Entrance
  • Accessible Parking

Outdoor Features

  • Spa
  • Covered patio or porch
  • Shed

Schools

  • Clackamas River Elementary School
  • Estacada Middle School
  • Estacada High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 05036391

Community Details

Overview

  • Thomas Heights HOA, Phone Number (503) 233-0300
  • Thomas Heights Subdivision

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,590

Year Built

Built in 2021

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2021
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: CeilingFan
  • Room 12 Features: BuiltinFeatures,CeilingFan,Fireplace,LivingRoomDiningRoomCombo,SlidingDoors
  • Room 13 Features: Bathroom,CeilingFan,ClosetOrganizer
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleDoors, AccessibleEntrance, GarageonMain, MainFloorBedroomBath, Parking, WalkinShower
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, GarageDoorOpener, HighCeilings, HookupAvailable, LuxuryVinylPlank, PlumbedForCentralVacuum, Quartz, SoakingTub, TileFloor, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: _5thBedroom
  • Room 5 Features: BuiltinFeatures
  • Room 5 Level: Main
  • Room 6 Description: Laundry
  • Room 6 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, Island, Microwave, Pantry, PlumbedForIceMaker, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Propane
  • Fireplace: Yes
  • Association Contact: Michael Henry
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt7000to9999
  • Other Room10 Area: 266
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 144
  • Fifth Bedroom Area: 143
  • Bedroom 7 Area: 182
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 132
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: CoveredPatio, Fenced, FreeStandingHotTub, Garden, GasHookup, RaisedBeds, RVHookup, RVBoatStorage, Sprinkler, ToolShed, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVHookup,RVBoatStorage
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Garage Type: Attached,ExtraDeep,Oversized
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Propane
  • Hot Water: Propane,Tankless
  • Internet Service Type: Cable
  • Security: Sidewalk
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, Management
  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association Name: Thomas Heights HOA
  • Phone: 503-233-0300
  • Association: Yes
  • Association Email: thomasheightshomes@gmail.com

Association/Amenities

  • AssociationAddress: Community Management Inc 2105 SE 9th Ave, Portland, OR 97214
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Clackamas River
  • High School: Estacada
  • Middle Or Junior School: Estacada

Lot Info

  • Land Lease: No
  • Parcel #: 05036391

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5589.83

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,590 $346,005 $0 $0
2022 $5,315 $335,928 $0 $0
2021 $1,324 $83,386 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $619,900 -3.0% $244 / Sq Ft
06/17/2025 06/17/25 Price Changed $639,000 0.0% $251 / Sq Ft
06/17/2025 06/17/25 For Sale $639,000 -0.1% $251 / Sq Ft
06/13/2025 06/13/25 Off Market $639,900 -- --
06/03/2025 06/03/25 For Sale $659,900 +24.5% $259 / Sq Ft
07/14/2021 07/14/21 Sold $530,225 +4.0% $212 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $509,900 -- $204 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 634897893

Regional Multiple Listing Service (RMLS)

APN: 05036391