12467 SE Water Drop Way Happy Valley, OR 97086
Estimated payment $2,976/month
Highlights
- Basketball Court
- Contemporary Architecture
- Great Room
- Scouters Mountain Elementary School Rated A-
- Vaulted Ceiling
- Quartz Countertops
About This Home
Experience this modern, smart, and energy-efficient home packed with all the bells and whistles in desirable Happy Valley! Lightly lived-in, move-in-ready home features 1,564 sq ft, 3 beds, 2.5 baths, & 1-car garage. The gourmet kitchen features quartz counters, a custom tile backsplash, newer stainless-steel appliances, a spacious pantry, ample cabinetry, and an oversized island with a bar. Bright and open great room with a contemporary fireplace and designer luxury vinyl plank flooring throughout the main level. Spacious dining area perfect for entertaining. Upstairs, the primary suite boasts vaulted ceilings, a large walk-in closet, and a spa-like bathroom with double sinks, quartz counters, and a walk-in shower. Convenient upstairs laundry with custom built ins. Two additional bedrooms and a full bathroom complete the upper level. Low-maintenance fully fenced backyard with astroturf and plenty of space for gardening or outdoor gatherings. Upgrades include Solar panels, EV charger, entire home surge protected, plumbing leak detection sensors, upgraded electrical panel. & security camera system creating a perfect blend of luxury and efficiency. Enjoy a vibrant community lifestyle with low-cost HOA amenities that include a pool, clubhouse, private basketball courts, parks, and scenic walking paths. Perfect for recreation and relaxation. Experience it all. Located in a great area with excellent schools and close to a wide range of amenities. Convenient and desirable location—perfect for comfortable living.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,292
Year Built
- Built in 2021 | Remodeled
Lot Details
- Fenced
- Landscaped
- Level Lot
- Sprinkler System
- Private Yard
HOA Fees
- $167 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage on Main Level
- Driveway
- On-Street Parking
Home Design
- Contemporary Architecture
- Property Attached
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,564 Sq Ft Home
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Electric Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Great Room
- Family Room
- Living Room
- Dining Room
- Wall to Wall Carpet
- Crawl Space
- Security System Owned
- Laundry Room
Kitchen
- Free-Standing Gas Range
- Free-Standing Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Accessible Home Design
- Accessibility Features
Outdoor Features
- Basketball Court
- Patio
- Porch
Schools
- Scouters Mtn Elementary School
- Happy Valley Middle School
- Clackamas High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating System
- Heating System Uses Gas
- Mini Split Heat Pump
- Tankless Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 05035864
Community Details
Overview
- Rolling Rock Community Management Association, Phone Number (503) 330-2405
- Happy Valley Subdivision
- On-Site Maintenance
Amenities
- Common Area
- Meeting Room
- Party Room
Recreation
- Community Basketball Court
- Community Pool
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,292 | $258,257 | -- | -- |
| 2024 | $5,113 | $250,735 | -- | -- |
| 2023 | $5,113 | $243,433 | $0 | $0 |
| 2022 | $4,722 | $236,343 | $0 | $0 |
| 2021 | $1,664 | $76,071 | $0 | $0 |
| 2020 | $1,390 | $73,856 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $449,900 | -- | $288 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $404,183 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $383,973 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 503147306
APN: 05035864
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.
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.
- 16504 SE Snow Blanket Terrace
- Hinoki Plan at Pleasant Valley Villages - The Classics
- Hagi Plan at Pleasant Valley Villages - The Classics
- Kokutan Plan at Pleasant Valley Villages - The Classics
- Birch Plan at Pleasant Valley Villages - The Classics
- 16537 SE Shimmering Leaf St
- 16548 SE Snow Blanket Terrace
- 16349 SE Sunshower Place
- 16733 SE Shimmering Leaf St
- 16755 SE Shimmering Leaf St
- 16615 SE Sunshower Place
- 16801 SE Shimmering Leaf St
- 16810 SE Shimmering Leaf St
- 16832 SE Shimmering Leaf St
- 12327 SE Falling Rain Way
- 12327 SE Falling Rain Way
- 12343 SE Falling Rain Way
- 11597 SE Majestic Falls Ave Unit LT 748
- 11542 SE Majestic Falls Ave Unit 750
- 12131 SE Majestic Falls Ave
- 12608 SE Skyshow Place
- 12930 SE 162nd Ave
- 13071 SE 169th Ave
- 13250 SE 162nd Ave
- 15766 SE Nyla Way
- 17340 SE Elias Ct
- 13702 SE 162nd Ave
- 13432 SE 169th Ave
- 15128 SE Nia Dr
- 11386 SE Pleasant Valley Pkwy
- 15004 SE Shaunte Ln
- 14712 SE Misty Dr
- 14657 SE Natalya St
- 14798 SE Parklane Dr
- 13674 SE 145th Ave
- 15493 SE Eckert Ln
- 13300 SE Hubbard Rd
- 12301 SE Hubbard Rd
- 11480-11510 Se Sunnyside Rd
- 15387 SE Hawthorne Mdws St