$1,075,000
SOLD JAN 27, 2025

16501 SE Creswell Cove Ln Happy Valley, OR 97086

3 Beds
3 Baths
3,610 Sq Ft
4.68 Acres

Recently Sold

$298 Per Sq Ft

6% Below List Price

165 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • View of Trees or Woods
  • Happy Valley Middle School Rated A-
  • RV Access or Parking
  • 4.68 Acre Lot

About This Home

As of January 2025

Please do not enter the private drive without an appointment. Private Estate comprised of 3 secluded tax lots totaling 4.68 acres located in the heart of Happy Valley. This NW Contemporary boasts 3 bedrooms incl spacious upper level master suite with exercise room and loft office area, 3 full bathrooms plus 3,610 light/bright Sq Ft. Great room features soaring vaulted ceilings with hand-hewn log accents and wall of windows with peaceful meadow and pond view. Updated kitchen features slab granite counters, new stainless appliances and opens to the formal dining room with deck access. The generous lower level incl huge view family room with deck access, large full bath, utility room with sink, storage room plus a large shop area. This level could be converted to potential separate living area or ADU. Amenities inc built-in hot tub, 2 certified Vermont Castings wood-stoves, expansive main and lower level view decks, detached 24'x 26' garage with full height loft, newer classic 36'x 24' barn with full height loft and hay door, garden with raised beds, pond and walking trail along Rock Creek frontage. This estate is located minutes from everything in the heart of Happy Valley. Hurry as this is a once in a lifetime opportunity.

Last Agent to Sell the Property

Tony Lozzi

John L. Scott Portland Metro Brokerage Phone: 503-665-0111 License #910500196 Listed on: 07/22/2024

John L. Scott Portland Metro

Last Buyer's Agent

Suzann Baricevic-Murphy

Where Inc. License #860700098

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,488

Year Built

  • Built in 1979

Lot Details

  • 4.68 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Creek or Stream
  • Secluded Lot
  • Level Lot
  • Private Yard
  • Property is zoned MUR-A

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage on Main Level
  • Tuck Under Garage
  • Workshop in Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,610 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Natural Light
  • Double Pane Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Workshop
  • Laundry Room

Kitchen

  • Built-In Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Accessible Home Design

  • Accessibility Features
  • Accessible Parking

Outdoor Features

  • Covered Deck
  • Porch

Schools

  • Beatricecannady Elementary School
  • Happy Valley Middle School
  • Adrienne Nelson High School

Farming

  • Barn
  • Pasture

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Rock Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00611779

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,488

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1979
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: NWContemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: Volts220,BuiltinFeatures,ConcreteFloor,ElectricityConnected,Loft,SeparateElectricMeter,Storage
  • OtherStructuresFeatures2: Volts220,BuiltinFeatures,ElectricityConnected,HayStorage,Loft,Storage
  • OtherStructuresRoof1: Metal
  • OtherStructuresRoof2: Metal
  • OtherStructuresType1: Garage
  • OtherStructuresType2: Barn
  • Room 10 Features: Deck
  • Room 11 Features: BuiltinRange,EatBar,Microwave,Pantry
  • Room 12 Features: CeilingFan,Deck,GreatRoom
  • Room 13 Features: Bathroom,CeilingFan,Skylight
  • Room 8 Features: ClosetOrganizer
  • Room 9 Features: Deck,Formal
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: BuiltinLighting, GarageonMain, NaturalLighting, Parking
  • Total Bathrooms: 3.0
  • Fireplaces: 2
  • Interior Amenities: BambooFloor, CeilingFan, Granite, HighCeilings, Laundry, LuxuryVinylPlank, LuxuryVinylTile, Skylight, TileFloor, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: Workshop
  • Room 4 Features: BuiltinFeatures
  • Room 4 Level: Lower
  • Room 5 Description: BonusRoom
  • Room 5 Level: Lower
  • Room 6 Features: BuiltinFeatures,Skylight
  • Room 6 Level: Upper
  • Basement: Daylight, FullBasement, PartiallyFinished
  • Window Features: AluminumFrames, DoublePaneWindows
  • Appliances: BuiltinRange, Dishwasher, FreeStandingRefrigerator, Granite, InductionCooktop, Pantry, PlumbedForIceMaker, SolidSurfaceCountertop, StainlessSteelAppliance, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Stove, WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: Acres3to5
  • OtherStructuresBathsTotal: 0.00
  • Other Room10 Area: 405
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 348
  • Fifth Bedroom Area: 165
  • Bedroom 6 Area: 486
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 132
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 117
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding,T111Siding,WoodSiding
  • Exterior Features: Barn, CoveredDeck, Deck, Porch, PrivateRoad, RVParking, Workshop, Yard
  • Lot Size: 3 to 4.99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter, Slab
  • R V Description: RVParking
  • View: Yes
  • Lot Features: Level, Pasture, PrivateRoad, Secluded, Sloped, Stream
  • Road Surface Type: Gravel
  • Water Body Name: Rock Creek
  • Waterfront Features: Creek
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: CreekStream,TreesWoods

Garage/Parking

  • Garage Type: Carport,Detached,TuckUnder
  • Parking Description: Carport, Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • OtherStructuresGarageNoDetached: 2

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Satellite
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump, WoodStove
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: MUR-A
  • Land Lease: No
  • Lot Size Acres: 4.68
  • Lot Size: Irregular
  • Lot Size Sq Ft: 203860.0
  • Parcel #: 00611779
  • Assessor Parcel Number 2: 00611797
  • Assessor Parcel Number 3: 00611298

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 10487.94
  • Tax Opportunity Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Jan 27, 2025
Sold by
Creswell Survivors Trust and Creswell Beverlee R
Bought by
Mote Bynette L and Mote Gregory E
Seller's Agent
Tony Lozzi
John L. Scott Portland Metro
Buyer's Agent
Suzann Baricevic-Murphy
Where Inc.
List Price
$1,149,000
Sold Price
$1,075,000
Premium/Discount to List
-$74,000
-6.44%
Total Days on Market
165
Views
141
Current Estimated Value
$1,008,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,154
Avg. Annual Appreciation
-16.60%
Original Mortgage
$775,000
Outstanding Balance
$773,622
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$235,224

Purchase Details

Closed on
Aug 3, 2020
Sold by
Creswell Beverlee R
Bought by
Creswell Beverlee R and Creswell Survivors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 20, 2002
Sold by
Creswell Logan L and Creswell Beverlee R
Bought by
Creswell Logan L and Creswell Beverlee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1990
Sold by
Creswell Logan L and Creswell Beverlee R
Bought by
Creswell Logan L and Creswell Beverlee R
Source: Public Records

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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 $1,075,000 None Listed On Document
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $775,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $120,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $1,075,000 -6.4% $298 / Sq Ft
01/05/2025 01/05/25 Pending -- -- --
12/31/2024 12/31/24 For Sale $1,149,000 +6.9% $318 / Sq Ft
12/31/2024 12/31/24 Off Market $1,075,000 -- --
07/23/2024 07/23/24 For Sale $1,149,000 -- $318 / 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 $10,488 $522,537 $0 $0
2022 $9,648 $507,318 $0 $0
2021 $9,295 $492,542 $0 $0
2020 $8,997 $478,197 $0 $0
2019 $8,861 $464,269 $0 $0
2018 $7,778 $450,747 $0 $0
2017 $7,525 $437,618 $0 $0
2016 $7,255 $424,872 $0 $0
2015 $7,045 $412,497 $0 $0
2014 $5,732 $400,483 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24490349

Regional Multiple Listing Service (RMLS)

APN: 00611779