Rare opportunity to own a thoughtfully maintained home on an oversized lot in close-in Happy Valley, offering exceptional flexibility both inside and out. The interior features a well-appointed kitchen with granite countertops and travertine tile floors, remodeled bathrooms with extensive tile work, a spacious living room, two fireplaces, and the confidence of a newer roof and furnace. The lower level provides outstanding versatility with a large bonus room complete with a wet bar, a third bathroom, a separate media room that could function as a fourth bedroom, and an additional flex space ideal for a home office, craft room, or storage, with plumbing already in place to add a full bathroom if desired. Outside, the expansive backyard truly sets this property apart, featuring a massive wood deck, concrete patio with seating area, raised garden beds, mature landscaping, two sheds, and a large covered storage area beneath the deck. Gated drive-through access and a wide rear parking area allow full-size vehicle access to the back of the lot, creating excellent potential for a future shop, ADU, or additional workspace. A generator hookup is already installed for added peace of mind during storms, making this a property with endless possibilities.
Sold
$579,900
8870 SE Spencer Dr, Happy Valley, OR 97086
4beds
2,007sqft
Residential, Single Family Residence
Built in 1976
-- sqft lot
$584,900 Zestimate®
$289/sqft
$2,938 Estimated rent
Home value
$584,900
$556,000 - $614,000
$2,938/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jake Barakat #AGENT_PHONE,
Opt
Bought with:
Paulina Ledda, 810304106
Riverside Global Realty LLC
Source: RMLS (OR),MLS#: 227612566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Features: Suite, Tile Floor, Wallto Wall Carpet
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Bedroom 3
- Features: Wallto Wall Carpet
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Dining room
- Features: Tile Floor
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Family room
- Features: Wet Bar, Wood Stove
- Level: Lower
- Area: 280
- Dimensions: 20 x 14
Kitchen
- Features: Eat Bar, Microwave, Pantry, Free Standing Refrigerator, Granite, Tile Floor
- Level: Main
- Area: 121
- Width: 11
Living room
- Features: Fireplace
- Level: Main
- Area: 300
- Dimensions: 20 x 15
Heating
- Forced Air, Fireplace(s)
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Microwave, Electric Water Heater
- Laundry: Laundry Room
Features
- Granite, Wet Bar, Eat Bar, Pantry, Suite, Tile
- Flooring: Laminate, Tile, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Finished,Full
- Number of fireplaces: 2
- Fireplace features: Insert, Stove, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 2,007
- Total interior livable area: 2,007 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, RV Access/Parking, RV Boat Storage, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Garden, Raised Beds, Yard
- Fencing: Fenced
Lot
- Features: Level, Private, Trees, SqFt 10000 to 14999
Details
- Additional structures: RVParking, RVBoatStorage, Workshop
- Parcel number: 00115182
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Other Internet Service
Community & neighborhood
Location
- Region: Happy Valley
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Sold | $579,900$289/sqft |
Source:  RMLS (OR) #227612566 Report a problem | ||
| 1/29/2026 | Pending sale | $579,900$289/sqft |
Source: RMLS (OR) #227612566 Report a problem | ||
| 1/16/2026 | Listed for sale | $579,900+189.9%$289/sqft |
Source: RMLS (OR) #227612566 Report a problem | ||
| 11/14/2006 | Sold | $200,000+21.3%$100/sqft |
Source: Public Record Report a problem | ||
| 11/20/2000 | Sold | $164,900+0.5%$82/sqft |
Source: Public Record Report a problem | ||
| 6/22/1998 | Sold | $164,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,287 +3.7% | $277,960 +3% |
| 2024 | $5,101 +2.9% | $269,865 +3% |
| 2023 | $4,957 +5.7% | $262,005 +3% |
| 2022 | $4,691 +3.8% | $254,374 +3% |
| 2021 | $4,520 +3.2% | $246,966 +3% |
| 2020 | $4,378 +1.5% | $239,773 +3% |
| 2019 | $4,315 +14.2% | $232,790 +3% |
| 2018 | $3,777 | $226,010 +3% |
| 2017 | $3,777 +7.1% | $219,427 +3% |
| 2016 | $3,527 | $213,036 +3% |
| 2015 | $3,527 +2.9% | $206,831 +3% |
| 2014 | $3,427 +12% | $200,807 +3% |
| 2013 | $3,061 +0.8% | $194,958 +3% |
| 2012 | $3,036 -2.3% | $189,280 +3% |
| 2011 | $3,106 +5.8% | $183,767 +3% |
| 2010 | $2,936 +3.2% | $178,415 +3% |
| 2009 | $2,845 +6.5% | $173,218 +3% |
| 2008 | $2,671 +2.2% | $168,173 +3% |
| 2007 | $2,612 +11.8% | $163,275 +3% |
| 2006 | $2,338 +1.5% | $158,519 +3% |
| 2005 | $2,302 +3.1% | $153,902 +3% |
| 2004 | $2,233 +2% | $149,419 +3% |
| 2003 | $2,189 +0.8% | $145,067 +3% |
| 2002 | $2,173 +5.1% | $140,842 +3% |
| 2001 | $2,066 +3.5% | $136,740 +3% |
| 2000 | $1,996 | $132,757 |
Find assessor info on the county website
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 3/10Whitcomb Elementary SchoolGrades: K-5Distance: 0.8 mi
- 2/10Rowe Middle SchoolGrades: 6-8Distance: 2.8 mi
- 2/10Milwaukie High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Whitcomb
- Middle: Rowe
- High: Milwaukie
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
$584,900
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
$584,900
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 8870 SE Spencer Dr