$695,000

8727 SE Margie Way Happy Valley, OR 97086

Estimated payment $4,722/month

Total Views 309
4 Beds
3 Baths
2,859 Sq Ft
$243 Price per Sq Ft

Highlights

  • Popular Property
  • Craftsman Architecture
  • Wood Flooring
  • Happy Valley Elementary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

Welcome to this beautifully maintained Craftsman-style home in the highly sought-after Falls at Happy Valley community.With four spacious bedrooms including a primary bedroom and bathroom on the main floor, plus a dedicated office, this home is designed to meet the needs of modern living—whether for remote work, study, or guest space.The vaulted living room is filled with natural light and showcases rich Brazilian teakwood floors that carry through the open-concept main level. Two inviting gas fireplaces create a warm, welcoming ambiance in both the living and family rooms.Step outside to your own private backyard retreat—perfect for outdoor dining, entertaining, or simply relaxing in the peaceful setting. A generous 3-car garage provides abundant room for vehicles, storage, or hobbies.Located just minutes from Happy Valley Park, you’ll enjoy easy access to summer concerts, community events, schools, shopping, and dining. This home offers the perfect balance of style, comfort, and convenience in one of Happy Valley’s most desirable neighborhoods.

Listing Agent

Scarlet Eikrem

Windermere Realty Trust Brokerage Phone: 971-998-5279 License #201246103 Listed on: 08/15/2025

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,540

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R10

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Cultured Stone Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,859 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Built-In Range
  • Down Draft Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Falls At Happy Valley Association, Phone Number (503) 718-0651
  • Falls At Happy Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05007357

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,540

Year Built

Built in 2003

Lot Details

0

HOA Fees

$57 per month

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2003
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Craftsman, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 12 Features: Fireplace,HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: Granite, HardwoodFloors, HighCeilings, VaultedCeiling
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Basement: CrawlSpace
  • Appliances: BuiltinRange, Dishwasher, DownDraft, FreeStandingRefrigerator, Granite
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: To be added
  • Main Level Full Bathrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt10000to14999
  • Other Room10 Area: 234
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 204
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 150
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 120
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,CulturedStone
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 170.0
  • Association Fee Frequency: Quarterly
  • Association Name: Falls at Happy Valley
  • Phone: 503-718-0651
  • Association: Yes
  • Association Email: TBD

Association/Amenities

  • AssociationAddress: 18150 SW Boones Ferry Road Portland, OR 97224
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

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

Lot Info

  • Zoning: R10
  • Land Lease: No
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 05007357

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 10539.59
  • Tax Opportunity Zone: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,540 $484,590 $0 $0
2022 $9,033 $470,476 $0 $0
2021 $8,667 $456,773 $0 $0
2020 $8,202 $443,469 $0 $0
2019 $8,019 $430,553 $0 $0
2018 $7,303 $418,013 $0 $0
2017 $7,070 $405,838 $0 $0
2016 $6,822 $394,017 $0 $0
2015 $6,627 $382,541 $0 $0
2014 $6,153 $371,399 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $695,000 +29.9% $243 / Sq Ft
05/02/2019 05/02/19 Sold $535,000 -0.7% $187 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $539,000 +11.8% $189 / Sq Ft
07/14/2017 07/14/17 Sold $482,000 0.0% $169 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $482,000 -- $169 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $535,000 Lawyers Title
Interfamily Deed Transfer $482,000 Wfg Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $369,960 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Closed $321,000 New Conventional
Previous Owner $342,000 New Conventional
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 498737606

Regional Multiple Listing Service (RMLS)

APN: 05007357