NOT LISTED FOR SALE

17797 SE Hemrich Rd Damascus, OR 97089

Estimated Value: $813,000 - $1,024,000

5.65 Acres
$166,062 Price per Acre
246,114 Sq Ft Lot

Last Sold July 02, 2024

Last sale price $959,900 $236 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,579/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • Private Lot
  • No HOA
  • 5.65 Acre Lot
  • Territorial View
  • Shed

About This Lot

As of July 2024

Nestled within 5.65 acres of prime development land in the heart of Happy Valley, this gorgeous private estate presents an amazing investment opportunity! Currently a rental, this property also has been annexed into city limits with development potential upon adoption of new SFA and R5 zoning according to the PVNC Comp plan. Many options for land use including single family residences, townhomes, and middle housing. Whether you opt to keep it as a rental, retaining passive income while partnering with a developer to pursue entitlements, or envision transforming it into your dream residence, this property promises a myriad of possibilities while retaining its country charm. The property welcomes you with a gated driveway leading to lush green pastures taking in panoramic views of the surrounding farmland. Boasting a generous 3468 square feet, this residence ensures ample space for everyone. Brand new shopping center at the corner of the Sunnyside and 172nd, close to all the amenities as well as wonderful parks and Clackamas River nearby. Whether you're seeking a lucrative investment or envisioning your own tranquil retreat, this remarkable estate epitomizes country living with boundless potential. For interior details of the home, see residential listing MLS#24124592. Call today as this gem will not last long!

Last Agent to Sell the Property

Adriane Bovero

All County Real Estate License #201226007 Listed on: 05/16/2024

Co-Listed By

Kurt Johnson

All County Real Estate License #201008063

Last Buyer's Agent

Valentina Kilyukh

MORE Realty License #200006108

MORE Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,838

Lot Details

  • 5.65 Acre Lot
  • Gated Home
  • Private Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RRFF5

Property Views

  • Territorial
  • Valley

Parking

  • Driveway
  • RV or Boat Parking

Additional Homes

  • Residence on Property

Schools

  • Pleasant Valley Elementary School
  • Centennial Middle School
  • Centennial High School

Utilities

  • Well
  • Septic Tank
  • Sewer Connection More Than 500 Feet Away
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 00137550

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$6,838

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres1to3

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • View: Yes
  • Lot Features: Gated, Private
  • Road Surface Type: Gravel
  • Disclosures: Disclosure
  • Other Structures: Driveway, Fenced, Residence, RVBoatStorage, Shed
  • View: Territorial,Valley

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, SeeRemarks, Sewer500FeetPlus, StandardSeptic, Well
  • Internet Service Type: Cable,Satellite
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pleasant Valley
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: RRFF5
  • Present Use: Residential
  • Additional Parcels: Yes
  • Soil Condition: Native
  • Land Description: GentleSloping,Level
  • Land Lease: No
  • Lot Size Acres: 5.65
  • Lot Size Sq Ft: 246114.0
  • Number Of Lots: 2
  • Parcel #: 00137550

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6838.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2010
Sold by
Holboke Theodore J and Holboke Jean Ann
Bought by
Holboke Theodore J and Holboke Jean A
Current Estimated Value
$938,253
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Holboke Theodore J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Holboke Theodore J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $959,900 -12.7% $236 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,100,000 -- $270 / 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
2024 $5,599 $340,633 -- --
2023 $5,599 $330,712 $0 $0
2022 $5,051 $321,080 $0 $0
2021 $5,048 $311,729 $0 $0
2020 $4,806 $302,650 $0 $0
2019 $4,697 $293,835 $0 $0
2018 $4,502 $285,277 $0 $0
2017 $4,360 $276,968 $0 $0
2016 $3,659 $268,901 $0 $0
2015 $3,539 $261,069 $0 $0
2014 $4,012 $253,465 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24686568

Regional Multiple Listing Service (RMLS)

APN: 00137569