NOT LISTED FOR SALE

15998 SE Cherry Blossom Way Unit L151 Happy Valley, OR 97015

Estimated Value: $732,000 - $869,208

3 Beds
2.5 Baths
2,866 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $833,968 $291 Per Sq Ft

Current estimated payment $5,338/month

55 Days on Market

Highlights

  • Under Construction
  • Custom Home
  • Home Office
  • Oregon Trail Elementary School Rated A-
  • Bonus Room
  • Covered patio or porch

About This Home

As of September 2022

Happy Valley's most sought-after development nestled away! Walking distance to parks, walking trails, dining, grocery, schools and so much more! This well-appointed plan situated on this lot has something for everything between the den on the main level, large bedrooms upstairs, master retreat, spacious island kitchen with pantry and mud room - space for everyone! Covered front patio for a welcoming entrance and rear perfect for entertaining!

Last Agent to Sell the Property

Andrea Hughes

Opt License #950600130 Listed on: 10/27/2021

Opt

Last Buyer's Agent

David Axness

Axness & Kofman Real Estate License #980800066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 5,227

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,866 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Oregon Trail Elementary School
  • Rock Creek Middle School
  • Clackamas High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 05033794

Community Details

Overview

  • Hidden Falls Development HOA, Phone Number (503) 657-0406
  • Hidden Falls 3 Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2021
  • Property Condition: UnderConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: ResidentialCommercial
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: To Follow
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CustomStyle
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: LaminateFlooring, WalltoWallCarpet
  • Room 4 Description: Office
  • Room 4 Level: Main
  • Room 5 Description: BonusRoom
  • Room 5 Level: Upper
  • Room 6 Description: UtilityRoom
  • Room 6 Level: Upper
  • Basement: CrawlSpace
  • Appliances: BuiltinRange, Disposal, GasAppliances, Island, Microwave, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Jen Engen
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 156
  • Fifth Bedroom Area: 260
  • Bedroom 6 Area: 54
  • Bedroom 7 Area: 182
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 130
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 121
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: CoveredPatio, Porch
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Hidden Falls Development HOA
  • Phone: 503-657-0406
  • Association: Yes
  • Association Email: jen@iconconstruction.net

Association/Amenities

  • AssociationAddress: 1969 Willamette Falls Dr
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Oregon Trail
  • High School: Clackamas
  • Middle Or Junior School: Rock Creek

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 05033794

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 2074.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Aug 25, 2022
Sold by
Icon Construction & Development Llc
Bought by
Wallace Lynsey R and Wallace Ryan L
Seller's Agent
Andrea Hughes
Opt
Buyer's Agent
David Axness
Axness & Kofman Real Estate
List Price
$754,900
Sold Price
$833,968
Premium/Discount to List
$79,068
10.47%
Current Estimated Value
$836,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,265
Avg. Annual Appreciation
0.09%
Original Mortgage
$488,250
Outstanding Balance
$468,846
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$367,175
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallace Lynsey R $833,968 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Lynsey R $50,000
Open Wallace Lynsey R $488,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $833,968 +10.5% $291 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $754,900 -- $263 / 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 $8,229 $398,657 $0 $0
2022 $2,194 $103,415 $0 $0
2021 $2,123 $100,403 $0 $0
2020 $2,074 $97,479 $0 $0
2019 $1,806 $94,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Hughes

    Seller's Agent in 2022

    Andrea Hughes

    Opt

    (503) 522-6255

    67 in this area

    268 Total Sales

    Section Image
  • David Axness

    Buyer's Agent in 2022

    David Axness

    Axness & Kofman Real Estate

    (503) 314-9567

    3 in this area

    133 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21458039

Regional Multiple Listing Service (RMLS)

APN: 05033794

Oregon Clackamas County Happy Valley 97015

15998 SE Cherry Blossom Way Unit L151, Happy Valley, OR

This home is located at 15998 SE Cherry Blossom Way Unit L151, Happy Valley, OR 97015 since 27 October 2021 and is currently estimated at $825,802, approximately $288 per square foot. This property was built in 2021. 15998 SE Cherry Blossom Way Unit L151 is a home located in Clackamas County with nearby schools including Oregon Trail Elementary School, Rock Creek Middle School, and Clackamas High School.

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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