Seller's Agent in 2025
Martine Tammik
Keller Williams Sunset Corridor
(503) 317-0000
2 in this area
79 Total Sales
12427 SE Water Drop Way Happy Valley, OR 97086
3
Beds
2.5
Baths
1,564
Sq Ft
$168/mo
HOA Fee
Highlights
- Basketball Court
- View of Trees or Woods
- Vaulted Ceiling
- Scouters Mountain Elementary School Rated A-
- Contemporary Architecture
- Quartz Countertops
About This Home
As of June 2025Meticulously maintained and move-in ready, this 2021-built Holt home offers 3 bedrooms, 2.5 bathrooms, and 1,564 sq ft of light-filled living space. The open floor plan features a cozy built-in programmable electric fireplace and a modern kitchen with top-tier LG smart appliances—including a gas stove and French door refrigerator. Upgraded microwave and dishwasher. Upstairs, the spacious primary suite includes vaulted ceilings, a walk-in closet with built-ins, smart bulbs (Google/Alexa compatible), USB outlets, and an en-suite bath with double sinks and a step-in shower., Additional upgrades include laminate wood flooring throughout (no carpets), ADA toilets, 2021 LG washer/dryer, an electronic front door lock, USB outlets in bedrooms and kitchen, staircase railing upgraded, upstairs landing, and a utility sink in the garage. Enjoy a beautifully designed backyard with a patio, solar lighting, maple and fig trees, flowering plants, herbs, and decorative stonework. The home is part of a vibrant community with extensive HOA amenities, including front yard maintenance, a clubhouse with full kitchen and game room, outdoor pool, covered basketball court, picnic areas, horseshoe pits, and multiple playgrounds with rubber safety tile. Scenic walking and biking trails wind through tree-lined paths and a charming creek. Located in the heart of Happy Valley, this home is just steps from New Seasons, Fred Meyer, Stickmen Brewing, Valley Public House, Willamette Valley Vineyards, Hand & Stone Massage, Orange Theory, medical clinics, City Hall, and diverse dining options.
Last Agent to Sell the Property
Keller Williams Sunset Corridor Brokerage Phone: 503-317-0000 License #201206793 Listed on: 05/08/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,169
Year Built
- Built in 2021
Lot Details
- 2,178 Sq Ft Lot
- Fenced
- Landscaped
- Sprinkler System
- Private Yard
HOA Fees
- $168 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Contemporary Architecture
- Pillar, Post or Pier Foundation
- Composition Roof
- Cement Siding
Interior Spaces
- 1,564 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Electric Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Views of Woods
- Crawl Space
Kitchen
- Free-Standing Gas Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Basketball Court
- Patio
Schools
- Scouters Mtn Elementary School
- Happy Valley Middle School
- Clackamas High School
Utilities
- Mini Split Air Conditioners
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Mini Split Heat Pump
- Tankless Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 05035869
Community Details
Overview
- Rolling Rock Community Association, Phone Number (503) 330-2405
- On-Site Maintenance
Amenities
- Common Area
- Meeting Room
- Party Room
Recreation
- Community Basketball Court
- Community Pool
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2025
Closed on
Jun 17, 2025
Sold by
Caetano Viviane De Castro
Bought by
Bartha Michael Allen and Bartha Shifra Lelia
Seller's Agent
Martine Tammik
Keller Williams Sunset Corridor
Buyer's Agent
Michele Montoya
MORE Realty
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$797
Avg. Annual Appreciation
-0.51%
Original Mortgage
$388,000
Outstanding Balance
$386,994
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$97,209
Purchase Details
Closed on
Nov 5, 2021
Sold by
Pleasant Valley Development Llc
Bought by
Caetano Viviane De Castro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,500
Interest Rate
2.88%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | Lawyers Title | |
| Warranty Deed | $427,465 | First American |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | New Conventional | |
| Previous Owner | $320,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $485,000 | -3.0% | $310 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $499,900 | -- | $320 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,169 | $253,623 | -- | -- |
| 2023 | $5,169 | $246,236 | $0 | $0 |
| 2022 | $4,773 | $239,065 | $0 | $0 |
| 2021 | $1,713 | $78,714 | $0 | $0 |
| 2020 | $1,438 | $76,422 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Martine Tammik
-
Michele Montoya
Buyer's Agent in 2025
Michele Montoya
MORE Realty
(503) 453-7242
3 in this area
232 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 790917946
APN: 05035869
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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.
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