$737,500
SOLD JUN 12, 2024

12303 SE Falling Rain Way Happyvalley, OR 97086

3 Beds
2.5 Baths
2,456 Sq Ft
4,443 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

1% Below List Price

231 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Community Pool
  • Scouters Mountain Elementary School Rated A-
  • Quartz Countertops
  • Recreation Facilities

About This Home

As of June 2024

For a limited time, receive $30,000 in Ichijo Flexible Cash when you choose our preferred lender. Arrowwood floor plan not only boasts a range of unique and standard features but also provides energy-efficient homes that help you save money in the long run. With high-quality panel construction and pre-assembled wall framing, you can expect to save up to one-third of your energy bill compared to traditional homes. The dual sliding windows and soft-close piano finish cabinetry with organizers and pull-down shelves are additional features that add to the energy efficiency of the home. So, not only can you enjoy the convenience of a modern home, but you can also save money on your energy bills while reducing your carbon footprint. Plus, take advantage of the community clubhouse and pool for leisurely activities.

Last Agent to Sell the Property

Kevin May

Coldwell Banker Bain Brokerage Phone: License #201226886 Listed on: 08/03/2023

Coldwell Banker Bain

Last Buyer's Agent

Brian Bellairs

John L Scott Portland SW License #920100098

John L Scott Portland SW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,456 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub

Schools

  • Scouters Mtn Elementary School
  • Happy Valley Middle School
  • Adrienne Nelson High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Green Certified Home
  • Covered patio or porch
  • Fenced

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 05035762

Community Details

Overview

  • $450 One-Time Secondary Association Fee
  • Pleasant Valley Villages Association, Phone Number (503) 332-2047

Recreation

  • Recreation Facilities
  • Community Pool

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,176

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$59 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2023
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 385-22-001016-DWL
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Contemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher,Disposal,Island,Microwave,Pantry
  • Room 13 Features: Bathroom
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.1
  • Interior Amenities: GarageDoorOpener, LaminateFlooring, Laundry, LoVOCMaterial, Quartz, SoakingTub, TileFloor, VinylFloor, WalltoWallCarpet
  • Room 4 Description: Den
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, ENERGYSTARQualifiedAppliances, FreeStandingRange, Island, Microwave, PlumbedForIceMaker, Quartz, RangeHood, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Association Contact: Casey Phillips
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt3000to4999
  • Other Room10 Area: 110
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 72
  • Bedroom 7 Area: 110
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 100
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 128
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredPatio, Fenced, Porch
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Energy Efficiency Features: AddedWallInsulation,CarChargingStationReady,DoublePaneWindows,ENERGYSTARQualifiedAppliances,HeatPump,SolarReady
  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, Management, Pool, RecreationFacilities
  • Senior Community: No
  • Association #2 Fee: 450.0
  • Association #2 Fee Frequency: OneTime
  • Association Fee: 59.0
  • Association Fee Frequency: Monthly
  • Association Name: Pleasant Valley Villages
  • Phone: 503-332-2047
  • Association: Yes
  • Association Email: casey@bluemountaincommunity.com

Association/Amenities

  • AssociationAddress: 17933 NW Evergreen Place,Suite 200 Beaverton, OR 97005
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Scouters Mtn
  • High School: Adrienne Nelson
  • Middle Or Junior School: Happy Valley

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: 05035762

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3175.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Ichijo Usa Co Ltd Inc
Bought by
Scarcella Ryan and Scarcella Nerissa
Total Days on Market
231
Current Estimated Value
$716,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 10578 SE 162nd Ave, Happy Valley, OR 97086

    $635,000

    • 3 Beds
    • 3 Baths
    • 2,432 Sq Ft
    • 10578 SE 162nd Ave
    • Happy Valley, OR

    Welcome to this stunning newer construction craftsman, where modern luxury meets timeless charm. Step inside to an inviting open-concept main level, filled with natural light and soaring vaulted ceilings. The heart of the home, a dream kitchen, features an oversized eat-in island with sleek quartz countertops, high-end finishes, stainless steel appliances, and a full pantry. The main level also

    Victoria Buck Stellar Realty Northwest

    Section Image
  • 15341 SE Baden Powell Rd, Happy Valley, OR 97086

    $679,000

    • 3 Beds
    • 2.5 Baths
    • 2,388 Sq Ft
    • 15341 SE Baden Powell Rd
    • Happy Valley, OR

    Don't miss this well-appointed move-in ready 2021 year-built home by Richmond American at Scouters Mountain. Enjoy the open style kitchen offering quartz counter tops with huge island, farm style undermount ceramic kitchen sink, soft close white cabinetry, plenty of storage, stainless steel appliances, contemporary refrigerator, ceramic back splash, built-in oven, built-in cook top with an

    Saket Shrivastava Keith McCue Realty

    Section Image
  • 12589 SE 147th Ave, Happy Valley, OR 97086

    $860,000

    • 5 Beds
    • 3.5 Baths
    • 3,198 Sq Ft
    • 12589 SE 147th Ave
    • Happy Valley, OR

    PRICE SIGNIFICANTLY REDUCED FOR A QUICK SALE! Remodeled in 2022. New kitchen, pantry, sauna, outdoor kitchen & covered deck. Low taxes! Best area schools! Happy Valley Tuscan Hills, views of mountains! This property offers a perfect blend of modern amenities and outdoor living, making it an excellent choice for multi-family living or anyone looking for spacious luxury.Key Features:Spacious

    Dominika Pukay UNIQUE REALT

    Section Image
  • 17139 SE Rhododendron St, Happy Valley, OR 97086

    $649,900

    • 4 Beds
    • 2.5 Baths
    • 2,495 Sq Ft
    • 17139 SE Rhododendron St
    • Happy Valley, OR

    Beautifully appointed home with great views of rolling hills! Open great room with gas fireplace, spacious kitchen with walk-in pantry, granite center island, tile backsplash, SS appliances, formal dining room, plus den for hobbies or office. Wrought iron railings lead to spacious primary ste with tile floors, counter tops & shower, and 3 more spacious bedrooms plus loft. Fully fenced backyard

    Hong Wolfe WINDERMERE WILLAMETTE VALLEY

    Section Image
  • 14526 SE Lyon Ct, Happy Valley, OR 97086

    $735,000

    • 5 Beds
    • 4 Baths
    • 3,130 Sq Ft
    • 14526 SE Lyon Ct
    • Happy Valley, OR

    Welcome to this gorgeous, move-in ready traditional-style home nestled in the scenic King Arthur Estates neighborhood. Perched perfectly to capture breathtaking views over the South Valley of Happy Valley, nearly every room on the main level and both expansive decks offer stunning vistas. Designed for both comfort and sophistication, the open-concept main level showcases beautiful flooring and

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 15562 SE Melinda Ct, Damascus, OR 97089

    $669,900

    • 4 Beds
    • 2.5 Baths
    • 2,974 Sq Ft
    • 15562 SE Melinda Ct
    • Damascus, OR

    OPEN HOUSE BY APPOINTMENT. No buyer contract needed for an in-house showing. Welcome to this beautifully maintained home on a cul-de-sac in the Happy Valley Schools. With four spacious bedrooms, a bonus room with a den/office, and 2.1 bathrooms, there’s room for everyone. Step inside to enjoy the airy vaulted ceilings, newer carpet, and newer appliances. The living space features built-in

    Lizbeth Hale Tree City Real Estate

    Section Image
  • 12335 SE Falling Rain Way, Happy Valley, OR 97086

    $720,950

    • 3 Beds
    • 2.5 Baths
    • 2,566 Sq Ft
    • 12335 SE Falling Rain Way
    • Happy Valley, OR

    Discover the remarkable Hinoki floor plan, featuring 3 bedrooms, a den, and 2.5 baths! This home combines unique and standard features with a focus on energy efficiency for long-term savings. With premium construction and added insulation, you could reduce your energy bills by up to one-third compared to traditional homes. The dual sliding windows and soft-close piano finish cabinetry with

    Kevin May Coldwell Banker Bain

    Section Image
  • 16779 SE Shimmering Leaf St, Happy Valley, OR 97086

    $719,950

    • 4 Beds
    • 3 Baths
    • 2,557 Sq Ft
    • 16779 SE Shimmering Leaf St
    • Happy Valley, OR

    The Hagi floor plan offers more than just a combination of unique and standard features; it also provides energy-efficient living that translates into significant long-term savings. With high-quality construction, this home can help you reduce your energy bills by up to one-third compared to traditional homes. Additional features like high-efficiency windows and soft-close piano finish cabinetry

    Kevin May Coldwell Banker Bain

    Section Image
  • 16755 SE Shimmering Leaf St, Happy Valley, OR 97086

    $729,950

    • 4 Beds
    • 3 Baths
    • 2,644 Sq Ft
    • 16755 SE Shimmering Leaf St
    • Happy Valley, OR

    The Kokutan floor plan offers more than just unique and standard features; it also provides energy-efficient living that can result in significant long-term savings. Built with high-quality construction and pre-assembled wall framing, this home can help you save up to one-third on your energy bills compared to traditional homes. Features like high-efficiency windows and soft-close piano finish

    Kevin May Coldwell Banker Bain

    Section Image
See All Homes in Happyvalley

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $737,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $590,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $737,500 -1.1% $300 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
08/03/2023 08/03/23 For Sale $745,950 -- $304 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $7,409 $151,214 $0 $0
2022 $2,007 $93,589 $0 $0
2021 $1,943 $90,864 $0 $0
2020 $1,660 $88,218 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin May

    Seller's Agent in 2024

    Kevin May

    Coldwell Banker Bain

    (415) 846-0577

    198 in this area

    221 Total Sales

    Kevin May
    Section Image
  • Brian Bellairs

    Buyer's Agent in 2024

    Brian Bellairs

    John L Scott Portland SW

    (503) 714-3266

    3 in this area

    367 Total Sales

    Brian Bellairs
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23334746

Regional Multiple Listing Service (RMLS)

APN: 05035762

Oregon Clackamas County Happy Valley 97086

12303 SE Falling Rain Way, Happy Valley, OR

This home is located at 12303 SE Falling Rain Way, Happyvalley, OR 97086 and is currently priced at $737,500, approximately $300 per square foot. This property was built in 2023. 12303 SE Falling Rain Way is a home located in Clackamas County with nearby schools including Scouters Mountain Elementary School, Happy Valley Middle School, and Cadence Academy Preschool - Clackamas.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes