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  • $715,000

    8625 SE 132nd Ave, Happy Valley, OR 97086

    2beds
    2,310sqft
    Residential, Single Family Residence
    Built in 1939
    4.41 Acres Lot
    $646,000 Zestimate®
    $310/sqft
    $2,231 Estimated rent

    Home value

    $646,000

    $536,000 - $762,000

    $2,231/mo

    Zestimate® history
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    $4,265/mo

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    $4,265/mo

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    What's special

    Great potential as a "Fixer" or a redevelopment project. Discover the potential of this remarkable 4.41 acres land located on the northern border of Happy Valley within Clackamas County. Nestled in an established residential neighborhood setting, this property offers a canvas for development, ample space for creative expansion and design, catering to a range of housing options from moderate to luxurious homes.The area has experienced substantial growth, highlighted by the emergence of new local and regional commercial developments along major arteries like SE Sunnyside Rd. This prime location presents a lucrative opportunity for savvy investors and developers alike.With an existing 2,310 square feet, 2-bed, 1-bath single-family home, this property also provides immediate income potential while development plans are in progress. Convenience is at your fingertips with power, water, and sewer hookups in close proximity, streamlining the development process. Zoned R-10, this land is primed for residential development, making it a coveted asset in the highly desirable Happy Valley area.Situated on a single tax lot at the corner of SE 132nd Ave & SE Clatsop St., this property presents the opportunity to subdivide into 19 potential single-family lots, subject to buyer's own due diligence.Contact us today for pricing details and to seize this incredible investment opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Tae 503-320-4554,

    eXp Realty, LLC,

    Paul Tae 503-320-4555,

    eXp Realty, LLC

    Bought with:

    Alexandru Ianos, 200612180

    Ianos Realty

    Source: RMLS (OR),MLS#: 24261656MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Heating
    • Other
    Interior area
    • Total structure area: 2,310
    • Total interior livable area: 2,310 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 1
    Lot
    • Size: 4.41 Acres
    • Features: Brush, Sloped, Trees, Wooded, Acres 3 to 5
    Details
    • Parcel number: 00037971
    • Zoning: R10

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Other
    • Roof: Composition
    Condition
    • Fixer
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Sewer: Other
    • Water: Other

    Community & neighborhood

    Location
    • Region: Happy Valley

    Other

    Other facts
    • Listing terms: Cash,Other,Rehab
    • Road surface type: Dirt

    Price history

    DateEventPrice
    5/23/2024Sold$715,000+2.1%$310/sqft
    Source: RMLS (OR) #24261656 Report a problem
    5/7/2024Pending sale$700,000$303/sqft
    Source: RMLS (OR) #24261656 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,555 +3.7%$334,203 +3%
    2024$6,323 +2.9%$324,469 +3%
    2023$6,143 +5.6%$315,019 +3%
    2022$5,816 +3.8%$305,844 +3%
    2021$5,604 +3.3%$296,936 +3%
    2020$5,424 +1.5%$288,288 +3%
    2019$5,342 +13.9%$279,892 +3%
    2018$4,689 $271,740 +3%
    2017$4,689 +7.2%$263,825 +3%
    2016$4,374 $256,141 +3%
    2015$4,374 +3%$248,681 +3%
    2014$4,247 +7%$241,438 +3%
    2013$3,968 +2.4%$234,406 +3%
    2012$3,874 +0.7%$227,579 +3%
    2011$3,848 +5.8%$220,950 +3%
    2010$3,636 +3.1%$214,515 +3%
    2009$3,528 +6.5%$208,267 +3%
    2008$3,313 +2.2%$202,201 +3%
    2007$3,243 +11.4%$196,312 +3%
    2006$2,910 +5.2%$190,594 +3%
    2005$2,767 +3%$185,043 +3%
    2004$2,685 +1.9%$179,653 +3%
    2003$2,634 +3.8%$174,420 +3%
    2002$2,538 +1.9%$169,340 +3%
    2001$2,492 +2%$164,408 +3%
    2000$2,443 $159,619

    Find assessor info on the county website

    Neighborhood: 97086

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Happy Valley
    • 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
    $646,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $646,000