Timeless 1950s Ranch on a Private Half Acre in Happy Valley. Welcome to effortless one-level living in this beautifully maintained 4-bedroom, 2-bath ranch-style home with a finished lower level in the heart of Happy Valley. Set on a private half-acre lot with a circular drive, this classic 1950s residence blends vintage charm with thoughtful updates and exceptional care. The main level features newly refinished original hardwood floors and fresh interior paint, with natural light pouring through expansive picture windows. A spacious living room flows seamlessly into the dining room, creating an inviting space for gatherings. The kitchen opens directly to a comfortable family room, offering flexible space for casual living. Three bedrooms and two full baths include a primary suite with en-suite bathroom, providing true single-level convenience. Downstairs, the finished lower level adds a large rec room, a non-conforming fourth bedroom, and a dedicated laundry room- ideal for media, gym, or bonus living space.Outside, mature trees, lush lawns, and established landscaping create a serene retreat. The attached two-car garage and circular drive enhance convenience and curb appeal. A brand-new roof and fresh interior paint provide move-in readiness and peace of mind. Lovingly cared for by the same owner for 25 years, this home reflects pride of ownership throughout. Classic ranch charm, versatile living spaces, and a prime Happy Valley location- This is not one to miss!
Single-familyProperty Type
1956Year Built
0.5 acresLot Size
$265Price/Sq.Ft.
1 car garageParking
Listed by Carrie Morton• Windermere Realty Trust
Contact: carriem@windermere.com
Bought with Maureen Swan• Portland Proper Real Estate
Est. $3,061 per month, based on comparable rentals
Sale and tax history for 12525 SE Ridgecrest Rd
Sale History
Tax History
Date
Event
Price
RMLS #792987900
Apr 8, 2026
Sold
$708,500
$265/sq ft
Mar 22, 2026
Pending
—
Mar 17, 2026
Relisted
—
Mar 4, 2026
Pending
—
Mar 2, 2026
Listed
$650,000
$243/sq ft
Public Records
Nov 27, 2001
Sold
$210,000
$79/sq ft
Public Records
Dec 8, 1999
Sold
$160,000
$60/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,262 (+3.7%)
2024
$6,040 (+2.9%)
2023
$5,868 (+5.6%)
2022
$5,556 (+3.8%)
2021
$5,353 (+3.3%)
2020
$5,181 (+1.5%)
2019
$5,103 (+13.9%)
2018
$4,479 (+3.4%)
2017
$4,334 (+3.7%)
2016
$4,177 (+3.0%)
2015
$4,057 (+5.7%)
2014
$3,839 (+10.0%)
2013
$3,491 (+1.6%)
2012
$3,434 (−0.5%)
2011
$3,451 (+5.8%)
2010
$3,261
2009
$3,261
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
—
Sq. Ft.
2,671
Year built
1956
Style
Single Family Residential
County
Clackamas County
APN
00038382
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R20
Very Low Density Residential Zone
This low density urban residential district responds to development patterns already established in the City and perpetuates those patterns in recognition of the potential for infilling and the overall carrying capacity of the land. Single-family detached dwellings on larger lots are encouraged in this district which seeks to maintain elbow room and breathing space within the urban framework of the City. This district is a buffer between the low density and undeveloped areas and the higher density, more typical urban residential districts. It is within this district that uses and standards begin to change to reflect the desired urban trends and patterns. The district may be applied in sloped areas where clustering and other hillside protection standards are applied. The numerical designation of R-20 shall be interpreted to mean that the maximum density shall be one primary dwelling unit per 20,000 sq ft of lot area.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Housing-Mobile home park
Park & open space
Feb 14, 2013 • Active
Building/electrical/electrical/na
Electrical
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Driveway, Parking Pad
RV Description: RV Parking
Parking Total: 1
Garage Information
Garage Type: Attached, Oversized
Garage Spaces: 1
Has Attached Garage: Yes
Interior
Virtual Tour Information
Virtual Tour Type: 3-D Tour
Has Virtual Tour Unbranded: Yes
Appliances
Appliances: Built-in Oven, Built-in Range, Built-in Refrigerator, Dishwasher, Disposal, Gas Appliances, Granite, Microwave, Plumbed For Ice Maker, Range Hood, Solid Surface Countertop, Stainless Steel Appliance(s)
Hot Water Description: Electricity
Interior Features
Has Accessibility: Yes
Accessibility Features: Accessible Hallway(s), Minimal Steps, One Level