$455,000
SOLD FEB 11, 2025

12451 SE Water Drop Way Happy Valley, OR 97086

3 Beds
2.5 Baths
1,520 Sq Ft
$170/mo HOA Fee

Recently Sold

$299 Per Sq Ft

2 Days on Market

Highlights

  • Contemporary Architecture
  • Seasonal View
  • Quartz Countertops
  • Scouters Mountain Elementary School Rated A-
  • Vaulted Ceiling
  • Private Yard

About This Home

As of February 2025

Step into modern comfort with this beautiful townhome in Happy Valley's highly sought-after community. Designed with style and functionality, this property is perfect for families, professionals, or anyone searching for their ideal home. Spacious Layout: With 3 bedrooms and 2.5 bathrooms, this home offers room to grow and entertain. Stylish Finishes: Beautiful laminate floors throughout the main areas and durable quartz countertops create an elegant yet low-maintenance living space. This townhome shares just one wall, offering added privacy and a more detached feel. Located minutes from shops, restaurants, and essential services. Live your best life with easy access to a nearby park and a community pool—perfect for family recreation and relaxation. Don’t miss out on this opportunity to own a gorgeous, well-located townhome in Happy Valley. Schedule your tour today and envision your future in this fantastic home!

Last Agent to Sell the Property

Christopher Lopez

Tree City Real Estate Brokerage Email: Lizbeth@treecityhomes.com License #201222466 Listed on: 01/04/2025

Co-Listed By

Lizbeth Hale

Tree City Real Estate Brokerage Email: Lizbeth@treecityhomes.com License #931000192

Last Buyer's Agent

Joel Hamley

John L. Scott Portland Central License #200411095

John L. Scott Portland Central

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 2021

Lot Details

  • 2,178 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Private Yard

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Seasonal Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Oven
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • Patio

Schools

  • Scouters Mtn Elementary School
  • Happy Valley Middle School
  • Clackamas High School

Utilities

  • 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 05035866

Community Details

Overview

  • Rolling Rock Community Association, Phone Number (503) 330-2405
  • On-Site Maintenance

Amenities

  • Common Area
  • Meeting Room
  • Party Room

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,169

Year Built

Built in 2021

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2021
  • Property Condition: Resale
  • Property Sub Type: Attached
  • Architectural Style: Contemporary, Townhouse
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Room 10 Features: Fireplace,Patio,SlidingDoors
  • Room 11 Features: Dishwasher,Disposal,GasAppliances,Microwave,Pantry
  • Room 9 Features: Patio,SlidingDoors
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: Laundry, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: Laundry
  • Room 4 Level: Upper
  • Basement: CrawlSpace
  • Window Features: StormWindow
  • Appliances: BuiltinOven, Dishwasher, Disposal, FreeStandingRefrigerator, Pantry, PlumbedForIceMaker, Quartz
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Association Contact: Debbie Thompson
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt0Kto2999
  • Other Room10 Area: 266
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 13 Level: Upper
  • Bedroom 7 Area: 135
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 117
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 56
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Fenced, Patio, Sprinkler, Yard
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: PillarPostPier
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Tankless
  • Internet Service Type: Cable
  • Cooling: MiniSplit, WallUnit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, ExteriorMaintenance, MaintenanceGrounds, Management, MeetingRoom, PartyRoom, Pool
  • Senior Community: No
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association Name: Rolling Rock Community
  • Phone: 503-330-2405
  • Association: Yes
  • Association Email: info@rollingrockcm.com

Association/Amenities

  • AssociationAddress: 8531 NE Cornell rd Hillsboro OR.
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 05035866

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5169.25
  • Tax Opportunity Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Feb 6, 2025
Sold by
Lubcyik Douglas and Lubcyik Alexandria
Bought by
Deward Lynn
Seller's Agent
Christopher Lopez
Tree City Real Estate
Buyer's Agent
Joel Hamley
John L. Scott Portland Central
List Price
$454,900
Sold Price
$455,000
Premium/Discount to List
$100
0.02%
Total Days on Market
2
Views
32
Current Estimated Value
$453,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,145
Avg. Annual Appreciation
-0.81%
Original Mortgage
$165,000
Outstanding Balance
$165,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$288,855

Purchase Details

Closed on
Dec 8, 2020
Sold by
Pleasant Valley Development Llc
Bought by
Lubcyik Douglas and Lubcyik Alexandria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $455,000 Lawyers Title
Warranty Deed $425,560 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $455,000 0.0% $299 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $454,900 -- $299 / 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 $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

  • Christopher Lopez

    Seller's Agent in 2025

    Christopher Lopez

    Tree City Real Estate

    (503) 449-6244

    12 in this area

    59 Total Sales

    Christopher Lopez
    Section Image
  • Lizbeth Hale

    Seller Co-Listing Agent in 2025

    Lizbeth Hale

    Tree City Real Estate

    (503) 757-1869

    19 in this area

    101 Total Sales

    Lizbeth Hale
    Section Image
  • Joel Hamley

    Buyer's Agent in 2025

    Joel Hamley

    John L. Scott Portland Central

    (971) 506-9499

    2 in this area

    73 Total Sales

    Joel Hamley
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24220229

Regional Multiple Listing Service (RMLS)

APN: 05035866

Oregon Clackamas County Happy Valley 97086

12451 SE Water Drop Way, Happy Valley, OR

This home is located at 12451 SE Water Drop Way, Happy Valley, OR 97086 and is currently priced at $455,000, approximately $299 per square foot. This property was built in 2021. 12451 SE Water Drop 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.

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