NOT LISTED FOR SALE

8690 SE Margie Way Happy Valley, OR 97086

Estimated Value: $812,000 - $870,000

4 Beds
2.5 Baths
2,623 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $870,000 $332 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,476/month

97 Days on Market

Highlights

  • Located in a master-planned community
  • 2 Fireplaces
  • Den
  • Happy Valley Elementary School Rated A-
  • Bonus Room
  • Covered patio or porch

About This Home

As of June 2024

Luxury turnkey home with incredible covered outdoor living space located in the Falls of Happy Valley neighborhood. Inspection complete! Only minutes to gorgeous Happy Valley Park, shopping and dining. Includes a huge primary suite on the main floor with a walk in closet. Vaulted ceilings provide a generous open living space in the center with secondary bedrooms upstairs. A finished upper level bonus room could be a play room or home theater. Beautiful formal dining room. Dog run and security system. The garage is extra deep with a central vacuum system for the house. Office/Den with a closet could be used as a bedroom. Tons of walk-in storage space upstairs. Mature landscaping with irrigation. No expense spared with first class upgrades as follows; dishwasher refrigerator and quartz countertop 2017, professionally designed backyard outdoor living area including sink, built-in grill, fire-pit, gas fireplace, outdoor heaters, hot tub hookup and pad 2019, gas water heater 2019, interior paint 2020, custom wood plantation shutters 2020, front door and side windows 2021, overhead storage racks in garage 2021, air-fry oven and microwave 2023, master bathroom remodel 2023, hardwoods/carpet 2023, exterior paint and roof 2023.

Last Agent to Sell the Property

Jared English

Congress Realty Brokerage Phone: 888-881-4118 License #200804165 Listed on: 02/20/2024

Last Buyer's Agent

Rosemary Coles

Redfin License #200101021

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,467

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R10

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Extra Deep Garage
  • Garage on Main Level
  • Driveway

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,623 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • 2 Fireplaces
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Security System Leased
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Happy Valley Elementary And Middle School
  • Clackamas High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Covered patio or porch

Listing and Financial Details

  • Assessor Parcel Number 05007363

Community Details

Overview

  • Btv Association
  • Located in a master-planned community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,467

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$47 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2003
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: PlannedCommunity
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: GarageonMain
  • Total Bathrooms: 2.1
  • Fireplaces: 2
  • Interior Amenities: CentralVacuum
  • Room 4 Description: BonusRoom
  • Room 4 Level: Upper
  • Room 5 Description: Den
  • Room 5 Level: Main
  • Basement: None
  • Window Features: VinylFrames
  • Appliances: Island
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: BTV
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt7000to9999
  • Room 13 Level: Main
  • Fourth Bedroom Area: 342
  • Fifth Bedroom Area: 110
  • Bedroom 7 Area: 121
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 132
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredPatio
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: ExtraDeep
  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Security: SecuritySystemLeased
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Management
  • Senior Community: No
  • Association Fee: 140.0
  • Association Fee Frequency: Quarterly
  • Association Name: BTV
  • Phone: 000-000-0000
  • Association: Yes
  • Association Email: BTV

Association/Amenities

  • AssociationAddress: BTV
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Unknown

Schools

  • Elementary School: Happy Valley
  • High School: Clackamas
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: R10
  • Land Lease: No
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 05007363

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 9467.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Jun 15, 2024
Sold by
Torres Tera and Dunlap Tera
Bought by
Stumetz Donald Scott and Stumetz Patricia Joann
Seller's Agent
Jared English
Congress Realty
Buyer's Agent
Rosemary Coles
Redfin
List Price
$895,000
Sold Price
$870,000
Premium/Discount to List
-$25,000
-2.79%
Views
198
Current Estimated Value
$835,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,149
Avg. Annual Appreciation
-3.51%
Original Mortgage
$686,000
Outstanding Balance
$680,249
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$155,602

Purchase Details

Closed on
Jan 18, 2007
Sold by
Fowler Joey and Fowler Heather
Bought by
Torres Tera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Fowler Joey
Bought by
Fowler Joey and Johnson Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,240
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2004
Sold by
Fowler Heather
Bought by
Fowler Joey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,960
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2004
Sold by
Classic Touch Development Inc
Bought by
Fowler Joey and Fowler Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,960
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Stumetz Donald Scott $870,000 Ticor Title
Torres Tera $467,500 Pacific Nw Title
Fowler Joey -- --
Fowler Joey -- Fidelity Natl Title Co Of Or
Fowler Joey $349,950 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stumetz Donald Scott $686,000
Previous Owner Torres Tera $299,500
Previous Owner Torres Tera $125,000
Previous Owner Torres Tera $333,550
Previous Owner Torres Tera $360,000
Previous Owner Fowler Joey D $180,000
Previous Owner Fowler Joey $60,240
Previous Owner Fowler Joey $279,960
Previous Owner Fowler Joey $279,960
Closed Fowler Joey $34,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $870,000 -1.7% $332 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $885,000 -1.1% $337 / Sq Ft
02/20/2024 02/20/24 For Sale $895,000 -- $341 / 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 $9,742 $481,085 $0 $0
2022 $8,968 $467,073 $0 $0
2021 $8,575 $453,469 $0 $0
2020 $8,115 $440,262 $0 $0
2019 $7,542 $406,544 $0 $0
2018 $6,901 $394,703 $0 $0
2017 $6,681 $383,207 $0 $0
2016 $6,446 $372,046 $0 $0
2015 $6,263 $361,210 $0 $0
2014 $5,829 $350,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24175528

Regional Multiple Listing Service (RMLS)

APN: 05007363