Seller's Agent in 2026
Liz Warren
Premiere Property Group LLC
(503) 705-3090
146 Total Sales
23094 E Wallace Ave Welches, OR 97067
2
Beds
2
Baths
915
Sq Ft
0.33
Acre Lot
Highlights
- Seasonal Waterfront
- Home fronts a creek
- View of Trees or Woods
- Welches Elementary School Rated 10
- RV Access or Parking
- Covered Deck
About This Home
As of July 2026Wallace Cottage is a well-known STR near Welches, tucked away on a quiet dead-end street in the heart of Mt. Hood recreation. After the current owners refurbished the cabin, the result is a classic mountain getaway with modern comfort and outstanding versatility. Step onto the covered front deck with log railings and supports overlooking the woods and seasonal creek. Inside, warm wood floors, wood walls, and a charming stone fireplace with wood stove create the authentic cabin atmosphere second-home buyers are searching for. Two upstairs bedrooms with skylights, an updated bathroom, utility room, and functional kitchen make the home comfortable for full-time use, weekend escapes, or STR guests.The property offers far more than just the original cabin. Just outside the back door is “The Little House,” a fun bonus retreat complete with built-in bunks and power — ideal for kids, guests, or overflow sleeping space.A major highlight is the incredible 875 SF four-car garage and workshop with room for all your mountain gear, vehicles, bikes, kayaks, skis, and recreational toys. There are ten foot doors on both ends of the garage plus an outlet for EV charger too. Above and beyond that is a newer 550 SF flex space featuring a full bath, wet bar, wood stove, skylights, and private bird’s eye view deck. Perfect for a media room, game room, home office, or hobby space.This versatile property fits today’s Mt. Hood lifestyle perfectly — ideal as a second home, recreational basecamp, or STR investment with income potential and exceptional storage flexibility.Enjoy the privacy and quiet setting with the sounds of the Sandy River just a block away. Restaurants, pubs, golf, hiking, skiing, and mountain recreation are all nearby, while Portland remains an easy drive for weekend escapes. Buyers looking for a true Mt. Hood retreat with flexibility, character, and recreational appeal should not miss this opportunity.
Last Agent to Sell the Property
Premiere Property Group LLC License #841000051 Listed on: 06/03/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,202
Year Built
- Built in 1939
Lot Details
- 14,374 Sq Ft Lot
- Home fronts a creek
- Seasonal Waterfront
- Fenced
- Secluded Lot
- Level Lot
- Wooded Lot
- Private Yard
- Property is zoned RR
Parking
- 4 Car Detached Garage
- Electric Vehicle Home Charger
- Part of Garage Converted to Living Space
- Tandem Garage
- Garage Door Opener
- Driveway
- RV Access or Parking
Home Design
- Cabin
- Pillar, Post or Pier Foundation
- Composition Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 915 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Wood Frame Window
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Utility Room
- Views of Woods
- Crawl Space
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Tile Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Covered Deck
- Fire Pit
- Outbuilding
Schools
- Welches Elementary And Middle School
- Sandy High School
Utilities
- Mini Split Air Conditioners
- Heating System Uses Wood
- Mini Split Heat Pump
- Heating System Mounted To A Wall or Window
- Shared Well
- Electric Water Heater
- Cesspool
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 00733674
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2026
Closed on
Jul 8, 2026
Sold by
Bothe Elaine C and Elaine Bothe
Bought by
Seller's Agent
Liz Warren
Premiere Property Group LLC
Buyer's Agent
Marissa Newbury
Equity Oregon Real Estate
List Price
$612,500
Sold Price
$600,000
Premium/Discount to List
-$12,500
-2.04%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.15%
Purchase Details
Listed on
Jun 3, 2026
Closed on
May 22, 2026
Sold by
Major Paul and Major Lois W
Bought by
Bothe Elaine
Seller's Agent
Liz Warren
Premiere Property Group LLC
Buyer's Agent
Marissa Newbury
Equity Oregon Real Estate
List Price
$612,500
Sold Price
$600,000
Premium/Discount to List
-$12,500
-2.04%
Views
25
Purchase Details
Listed on
Aug 14, 2019
Closed on
Oct 16, 2019
Sold by
Benson Andrew Gray
Bought by
Bothe Elaine C and Major Lois
Seller's Agent
Lisa Chatfield
Ten Mile Lake Properties LLC
Buyer's Agent
Marti Bowne
Keller Williams PDX Central
List Price
$330,000
Sold Price
$318,000
Premium/Discount to List
-$12,000
-3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$254,400
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 3, 2002
Sold by
Robinson Frank R and Defensive Systems Inc
Bought by
Benson Andrew Gray
Purchase Details
Closed on
May 12, 1995
Sold by
Nelson Robyn
Bought by
Defensive Systems Inc
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Chicago Title | |
| Warranty Deed | $318,000 | Ticor Title | |
| Trustee Deed | $50,901 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $254,400 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2026 07/10/26 | Sold | $600,000 | -2.0% | $656 / Sq Ft | |
| 06/10/2026 06/10/26 | Pending | -- | -- | -- | |
| 06/03/2026 06/03/26 | For Sale | $612,500 | +92.6% | $669 / Sq Ft | |
| 10/17/2019 10/17/19 | Sold | $318,000 | -2.2% | $351 / Sq Ft | View Prior Sale |
| 09/05/2019 09/05/19 | Pending | -- | -- | -- | |
| 09/03/2019 09/03/19 | Price Changed | $325,000 | +1.6% | $359 / Sq Ft | |
| 08/26/2019 08/26/19 | Price Changed | $319,999 | +0.3% | $353 / Sq Ft | |
| 08/18/2019 08/18/19 | Price Changed | $319,000 | -3.3% | $352 / Sq Ft | |
| 08/14/2019 08/14/19 | For Sale | $330,000 | -- | $364 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,202 | $206,676 | ||
| 2024 | $2,410 | $166,300 | ||
| 2023 | $2,410 | $161,457 | $0 | $0 |
| 2022 | $2,289 | $156,755 | $0 | $0 |
| 2021 | $2,210 | $152,190 | $0 | $0 |
| 2020 | $1,848 | $126,205 | $0 | $0 |
| 2019 | $1,838 | $122,530 | $0 | $0 |
| 2018 | $1,399 | $93,655 | $0 | $0 |
| 2017 | $1,244 | $82,244 | $0 | $0 |
| 2016 | $1,166 | $77,303 | $0 | $0 |
| 2015 | $1,135 | $75,051 | $0 | $0 |
| 2014 | $1,108 | $72,865 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Warren
-
Marissa Newbury
Buyer's Agent in 2026
Marissa Newbury
Equity Oregon Real Estate
(503) 318-8950
38 Total Sales
-
Lisa Chatfield
Seller's Agent in 2019
Lisa Chatfield
Ten Mile Lake Properties LLC
(971) 983-7147
41 Total Sales
-
Marti Bowne
Buyer's Agent in 2019
Marti Bowne
Keller Williams PDX Central
(503) 516-4494
33 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 648014592
APN: 00733674
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 © 2026 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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