$560,000
$15K PRICE DROP

995 SE Olive Way Estacada, OR 97023

Estimated payment $3,431/month

Total Views 9,955
4 Beds
3 Baths
2,397 Sq Ft
$234 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Farmhouse Style Home
  • High Ceiling
  • Wooded Lot
  • Loft
  • Quartz Countertops

About This Home

Built in 2020, this modern farmhouse delivers the benefits of newer construction without today’s added building costs. Thoughtfully designed and well maintained, the home has been refreshed with new interior paint and offers a bright, welcoming feel throughout. The open main level features quartz countertops, stainless steel appliances, and an easy flow to the dining area and covered deck—ideal for daily living and entertaining. Custom built-ins and a fireplace anchor the living room, while a main-floor bedroom and full bath add flexibility for guests or work-from-home needs. Upstairs, the primary suite includes a soaking tub, double sinks, and a walk-in closet, plus two additional bedrooms, a bonus loft, full bath, and laundry. An extra-deep tandem garage provides excellent storage or workspace. Just minutes to the Clackamas River, Milo McIver State Park, and downtown Estacada, this move-in-ready home offers comfort, value, and access to the best of the area.

Listing Agent

Melissa McReynolds

Cascade Hasson Sotheby's International Realty License #201242304 Listed on: 01/29/2026

Cascade Hasson Sotheby's International Realty

Co-Listing Agent

Adrian Olmstead

Cascade Hasson Sotheby's International Realty License #201218667

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,353

Year Built

  • Built in 2020

Lot Details

  • 8,276 Sq Ft Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Wooded Lot
  • Landscaped with Trees
  • Private Yard

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Territorial

Home Design

  • Farmhouse Style Home
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Board and Batten Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,397 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Propane Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Wall to Wall Carpet
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Outdoor Features

  • Covered Deck
  • Porch

Schools

  • Clackamas River Elementary School
  • Estacada Middle School
  • Estacada High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05034905

Community Details

Overview

  • Thomas Heights HOA, Phone Number (503) 445-1125

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,353

Year Built

Built in 2020

Lot Details

8,276 Sq Ft Lot

HOA Fees

$103 per month

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2020
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Farmhouse
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 560000.0
  • Open House: Yes
  • Room 11 Features: Dishwasher,Disposal,FamilyRoomKitchenCombo,Island,Microwave,Pantry
  • Room 12 Features: BuiltinFeatures,Fireplace
  • Room 13 Features: Bathroom
  • Room 9 Features: LivingRoomDiningRoomCombo
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: CentralVacuum, GarageDoorOpener, HighCeilings, Laundry, LuxuryVinylPlank, Quartz, Sprinkler, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Room 5 Description: Laundry
  • Room 5 Level: Upper
  • Room 6 Description: Loft
  • Room 6 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Disposal, FreeStandingGasRange, FreeStandingRefrigerator, Island, Microwave, Pantry, PlumbedForIceMaker, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Propane
  • Fireplace: Yes
  • Association Contact: Kim Hillpot
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: BoardBattenSiding,LapSiding
  • Exterior Features: CoveredDeck, Porch, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier
  • View: Yes
  • Lot Features: GentleSloping, Trees, Wooded
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial,TreesWoods

Garage/Parking

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

Utilities

  • Fuel Description: Propane
  • Hot Water: Propane
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, Management
  • Senior Community: No
  • Association Fee: 103.0
  • Association Fee Frequency: Monthly
  • Association Name: Thomas Heights HOA
  • Phone: 503-445-1125
  • Association: Yes
  • Association Email: kimh@communitymgt.com

Association/Amenities

  • AssociationAddress: 2105 SE 9TH AVE, PORTLAND, OR 97214
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

  • Elementary School: Clackamas River
  • High School: Estacada
  • Middle Or Junior School: Estacada

Lot Info

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 05034905

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 5352.91

Map

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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
2025 $5,353 $365,080 -- --
2024 $5,559 $354,447 -- --
2023 $5,559 $344,124 $0 $0
2022 $5,286 $334,101 $0 $0
2021 $5,149 $324,370 $0 $0
2020 $1,208 $76,748 $0 $0
2019 $347 $21,694 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2026 03/05/26 Price Changed $560,000 -2.6% $234 / Sq Ft
01/29/2026 01/29/26 For Sale $575,000 +21.0% $240 / Sq Ft
05/13/2020 05/13/20 Sold $475,193 +1.1% $198 / Sq Ft View Prior Sale
04/14/2020 04/14/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $469,900 -- $196 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,193 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 403982659

Regional Multiple Listing Service (RMLS)

APN: 05034905

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