This exceptional 4-bedroom, 3.5-bath home in the heart of Happy Valley blends refined design with incredible functionality on a beautifully situated corner lot. From the inviting covered front porch to the high-end finishes throughout, every detail has been thoughtfully considered. Step through double doors into a formal living room, then move seamlessly into the warm and welcoming family room featuring a cozy fireplace and access to a spacious deck with a built-in outdoor kitchen — perfect for entertaining year-round. The open-concept kitchen is a chef’s dream with stainless steel appliances, a large island, custom cabinetry, and an adjacent dining area. A stylish half bath completes the main living area — but the real showstopper is the private studio space on the main floor, complete with its own kitchenette, sauna, and full bathroom. This unique area is perfect for a home business, creative studio, guest suite, or potential ADU. It's a truly special space you won’t find elsewhere. Upstairs, all four bedrooms are thoughtfully arranged, including a full laundry room for convenience. The hall bath features a double vanity, while the luxurious primary suite offers a grand double-door entry, vaulted ceilings, a gas fireplace, walk-in closet, and a spa-inspired en suite with soaking tub and dual vanities. With a 2-car garage, flexible living options, and standout amenities inside and out, this is top-tier Happy Valley living at its finest.
Sold
$786,000
12589 SE 147th Ave, Happy Valley, OR 97086
5beds
3,198sqft
Residential, Single Family Residence
Built in 2006
-- sqft lot
$781,200 Zestimate®
$246/sqft
$3,954 Estimated rent
Home value
$781,200
$734,000 - $828,000
$3,954/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Drew Coleman 503-351-3739,
Opt
Bought with:
Morgan Braze, 201210347
Kelly Right Real Estate of Portland, LLC
Source: RMLS (OR),MLS#: 681922682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Features: Bathroom, Fireplace, Sound System, Bathtub With Shower, Laminate Flooring, Walkin Closet
- Level: Upper
- Area: 400
- Dimensions: 20 x 20
Bedroom 2
- Features: Closet, Laminate Flooring
- Level: Upper
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Features: Closet, Laminate Flooring
- Level: Upper
- Area: 187
- Dimensions: 17 x 11
Bedroom 4
- Features: Closet, Laminate Flooring
- Level: Upper
- Area: 187
- Dimensions: 17 x 11
Dining room
- Features: Sound System, Laminate Flooring
- Level: Main
- Area: 425
- Dimensions: 25 x 17
Kitchen
- Features: Dishwasher, Gas Appliances, Island, Trash Compactor, Updated Remodeled, Butlers Pantry, Free Standing Range, Free Standing Refrigerator, Quartz
- Level: Main
- Area: 176
- Width: 11
Living room
- Features: Balcony, Fireplace, Sound System, Laminate Flooring
- Level: Main
- Area: 234
- Dimensions: 18 x 13
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Trash Compactor, Washer/Dryer, Free-Standing Range, Gas Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Speed Internet, Quartz, Soaking Tub, Sound System, Closet, Bathroom, Sauna, Shower, Kitchen Island, Updated Remodeled, Butlers Pantry, Balcony, Bathtub With Shower, Walk-In Closet(s), Pot Filler, Tile
- Flooring: Heated Tile, Laminate, Tile
- Doors: French Doors
- Basement: Storage Space,Unfinished
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 3,198
- Total interior livable area: 3,198 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway, RV Boat Storage, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Covered Deck, Porch, Deck
- Exterior features: Garden, Sauna, Yard, Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Territorial, Valley
Lot
- Features: Corner Lot, Gentle Sloping, Sprinkler, SqFt 5000 to 6999
Details
- Additional structures: GuestQuarters, RVBoatStorage, SeparateLivingQuartersApartmentAuxLivingUnit
- Parcel number: 05012852
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2006
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Location
- Region: Happy Valley
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $40 monthly
- Amenities included: Commons
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $786,000-1.6%$246/sqft |
Source:  RMLS (OR) #681922682 Report a problem | ||
| 9/2/2025 | Pending sale | $799,000$250/sqft |
Source: RMLS (OR) #681922682 Report a problem | ||
| 8/27/2025 | Listed for sale | $799,000$250/sqft |
Source: RMLS (OR) #681922682 Report a problem | ||
| 8/21/2025 | Pending sale | $799,000$250/sqft |
Source: RMLS (OR) #681922682 Report a problem | ||
| 8/14/2025 | Price change | $799,000-3.2%$250/sqft |
Source: RMLS (OR) #681922682 Report a problem | ||
| 8/5/2025 | Price change | $825,000-2.9%$258/sqft |
Source: RMLS (OR) #681922682 Report a problem | ||
| 7/10/2025 | Listed for sale | $850,000+240%$266/sqft |
Source: RMLS (OR) #681922682 Report a problem | ||
| 7/29/2009 | Sold | $250,000-21.4%$78/sqft |
Source: Public Record Report a problem | ||
| 5/13/2009 | Price change | $318,000-3.6%$99/sqft |
Source: Listhub #9019589 Report a problem | ||
| 3/27/2009 | Price change | $330,000-7%$103/sqft |
Source: Listhub #9019589 Report a problem | ||
| 3/14/2009 | Listed for sale | $355,000$111/sqft |
Source: Listhub #9019589 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,704 +3.6% | $431,395 +3% |
| 2024 | $8,405 +8.9% | $418,831 +9.3% |
| 2023 | $7,715 +18.1% | $383,199 +15.9% |
| 2022 | $6,532 +3.6% | $330,727 +3% |
| 2021 | $6,304 +5% | $321,095 +3% |
| 2020 | $6,004 +1.8% | $311,743 +3% |
| 2019 | $5,899 +10.7% | $302,664 +3% |
| 2018 | $5,328 +6.3% | $293,849 +3% |
| 2017 | $5,013 +0.3% | $285,290 +3% |
| 2016 | $4,997 | $276,981 +3% |
| 2015 | $4,997 +2.8% | $268,914 +3% |
| 2014 | $4,861 +9.2% | $261,082 +3% |
| 2013 | $4,453 +1% | $253,478 +3% |
| 2012 | $4,409 +0.1% | $246,095 +3% |
| 2011 | $4,405 +5.3% | $238,927 +3% |
| 2010 | $4,181 -8.2% | $231,968 +3% |
| 2009 | $4,556 +20.2% | $225,212 +3% |
| 2008 | $3,789 +16.6% | $218,652 +18.7% |
| 2007 | $3,249 +125.9% | $184,194 +147.5% |
| 2006 | $1,438 | $74,419 |
Find assessor info on the county website
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 10/10Scouters Mountain Elementary SchoolGrades: K-5Distance: 1.4 mi
- 4/10Happy Valley Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Spring Mountain
- Middle: Happy Valley
- High: Adrienne Nelson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$781,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$781,200
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 12589 SE 147th Ave