OFF MARKET

Off Market May 2023 for $913K

$1,033,701

Est. refi paymentEst. refi $5,935/mo

•

4,683

sq ft

12937 SE Mountain Gate Rd, Happy Valley, OR 97086

About this home

Hurry on this one! This special home is perfect for multi generation living w/4700 sq ft, 5 bedrooms + Den, 4 full baths. Living Room, Family room, HUGE Bonus & theater room. The 3 levels of living space offer space for all. Lower level is Perfect for inlaw quarters. Home has an elevator- (poss for adult care home?) Central vac, Cherry Floors, granite counters, HUGE primary suite w/enormous en-suite bath. 3 car garage & 5 balconies. .37 Acre lot room w/pool perfect for fruit trees,gardening, etc

Single-familyProperty Type

2008Year Built

0.36 acresLot Size

$221Est. Price/Sq.Ft.

3 car garageParking

Listed by Lorna Murray • RE/MAX Equity Group

Bought with Elizabeth Ashenafe • RE/MAX Equity Group

Redfin checked: 4 minutes ago

•Source:RMLS #23215040

Redfin Estimate

$1,033,701

$120K since sold in May 2023$22K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.7% higher than the average sale price ($987K) of 6 comparable homes.

SOLD AUG 31, 2026
$1,244,000
A
4 beds5 baths4,237 sq ft
10329 SE Regina Ct, Happy Valley, OR 97086
SOLD JUL 21, 2026
$1,010,000
B
5 beds3 baths4,426 sq ft
11737 SE Brockenhurst Cir, Happy Valley, OR 97086
SOLD MAY 8, 2026
$1,000,000
C
5 beds4 baths4,294 sq ft
11655 SE Waterleaf Dr, Happy Valley, OR 97086
SOLD MAY 21, 2026
$755,000
D
5 beds4 baths3,079 sq ft
11620 SE Buckskin Ct, Happy Valley, OR 97086
SOLD JUN 12, 2026
$1,080,000
E
4 beds4 baths3,713 sq ft
11775 SE William Otty Rd, Happy Valley, OR 97086
SOLD AUG 19, 2026
$834,000
F
5 beds3 baths3,122 sq ft
12444 SE Spencer Ct, Happy Valley, OR 97086

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Earn from this home

Sell

$287,282

Est. take-home

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Refinance

Est. cash available

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Rent

$4,233/mo

Redfin rental estimate

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Market trends in 97086, OR

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.9%

0.3% MoM

Median sale price

$685K

$5K MoM

Avg. days on market

43d

12 days MoM

Recently sold homes

141

5 MoM

New listings for sale

OPEN SAT, 1PM TO 3PM
$865,000
4 beds3 baths2,928 sq ft
12379 SE 143rd Pl, Happy Valley, OR 97086
Virginia Getz • Windermere Happy Valley
3D WALKTHROUGH
$699,000
4 beds3 baths2,636 sq ft
11040 SE Happy Valley Dr, Happy Valley, OR 97086
Amanda Tahayori • MORE Realty
OPEN SAT, 11AM TO 1PM
$395,000
3 beds3 baths1,477 sq ft
11279 SE Falco St, Happy Valley, OR 97086
Nic Isfeld • Better Homes & Gardens Realty
$719,900
4 beds4 baths1,857 sq ft
16889 SE Mist Layer Loop, Happy Valley, OR 97086
Kao Chao • RE/MAX Equity Group
OPEN THU, 2PM TO 5PM
$675,000
3 beds3 baths3,016 sq ft
14135 SE Ridgecrest Rd, Portland, OR 97086
Katie Cox-Moscillo • Keller Williams Realty Portland Elite
$80,000
2 beds1 bath960 sq ft
8750 SE 155th Ave #34, Happy Valley, OR 97086
Alexander Johnson • Keller Williams PDX Central
3D WALKTHROUGH
$599,950
3 beds2 baths1,888 sq ft
9816 SE King Way, Happy Valley, OR 97086
Brandi Walters • Real Estate Performance Group
$850,000
4 beds2 baths3,400 sq ft
13166 SE Ridgecrest Rd, Happy Valley, OR 97086
Scarlet Eikrem • Windermere Realty Trust
$825,000
4 beds3 baths2,850 sq ft
16744 SE Shimmering Leaf St, Happy Valley, OR 97086
Sara Bakkum • Premiere Property Group, LLC
$375,000
3 beds3 baths1,691 sq ft
9923 SE Old Town Ct, Happy Valley, OR 97086
Christine Binge • MORE Realty
See all

Provided by Redfin

Redfin agents who toured

Enter into an airy foyer with formal dining and living to the left and right. The family room and kitchen with eat in nook flow into each other at the back of the house.
9 years ago• May not reflect the current state of the home
Erin Kocka
Redfin agent

Sale history for 12937 SE Mountain Gate Rd

Date

Event

Price

RMLS #23215040

May 12, 2023

Sold

$913,800

$195/sq ft

Mar 27, 2023

Pending

—

Mar 13, 2023

Price Changed

$949,997

$203/sq ft

Mar 10, 2023

Listed

$956,997

$204/sq ft

RMLS #19168974

Mar 22, 2019

Sold

$620,000

$132/sq ft

Mar 1, 2019

Pending

—

Feb 25, 2019

Listed

$550,000

$117/sq ft

+27

Fantastic value in Happy Valley. Nearly 5,000 sq ft perched on a large corner lot. The 3 levels of living space would perfectly accommodate a multigenerational household or large family. Five bedrooms, four baths, a pre-wired bonus/theater room, main level den, & central vac ready, 3 car garage & 5 balconies. Multiple Offers received. Seller has called for highest and best. Offers to be reviewed 2/28 at 12:00pm, time subject to change.

Public Records

Jul 5, 2016

Sold

$580,000

$124/sq ft

Tax history for 12937 SE Mountain Gate Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

3.5

Stories

—

Lot width

—

Lot depth

—

Lot size

0.36 Acres

Year renovated

—

Sq. Ft.

4,684

Year built

2008

Style

Single Family Residential

County

Clackamas County

APN

05004861

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

R10

Low Density Residential Zone

This urban residential district is a means by which the densities are increased to make efficient use of available facilities and services in an environment of single-family dwellings. Variations in dwelling types and lot sizes should provide for a necessary flexibility in the City which will prevent typical appearances created by the traditional subdivision of land. Standards in this district are strictly urban oriented and are designed to develop and perpetuate urban trends and patterns. The numerical designation R-10 shall be interpreted to mean that the maximum density shall be 1 primary dwelling unit per10,000 sq ft of lot area.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Other
Recreation
Golf related
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Parking Total: 3

Garage Information
Garage Type: Attached
Garage Spaces: 3
Has Attached Garage: Yes

Interior

Appliances
Appliances: Dishwasher, Disposal, Granite, Island, Pantry, Stainless Steel Appliance(s)

Interior Features
Interior Features: Elevator, Garage Door Opener, Granite, Hardwood Floors, Laundry, Plumbed For Central Vacuum, Separate Living Quarters/Apartment/Aux Living Unit, Soaking Tub, Vaulted Ceiling(s), Wall to Wall Carpet, Wood Floors
Basement: Finished, Full Basement, Separate Living Quarters/Apartment/Aux Living Unit

Bathroom Information
Bathrooms Full: 4
Bathrooms Full Lower Level: 2
Bathrooms Full Upper Level: 2
Bathrooms Total Integer: 4
Bathrooms Total Lower Level: 2
Bathrooms Total Upper Level: 2
Baths Total: 4

Room 4 Information
Description: 4th Bedroom
Level: Upper

Room 5 Information
Description: 5th Bedroom
Level: Lower

Room 6 Information
Area: 240
Description: Bonus Room
Length: 20
Width: 12
Level: Upper

Room 7 Information
Area: 144
Description: 2nd Bedroom
Length: 12
Width: 12
Level: Upper

Room 8 Information
Area: 132
Description: 3rd Bedroom
Length: 12
Width: 11
Level: Upper

Room 9 Information
Area: 44
Description: Dining Room
Features: Balcony, Hardwood Floors
Length: 11
Width: 4
Level: Main

Room 10 Information
Area: 294
Description: Family Room
Features: Balcony, Fireplace
Length: 14
Width: 21
Level: Main

Room 11 Information
Area: 240
Description: Kitchen
Features: Balcony, Gourmet Kitchen, Hardwood Floors, Island
Length: 12
Width: 20
Level: Main

Room 12 Information
Area: 196
Description: Living Room
Features: Bay Window
Length: 14
Width: 14
Level: Main

Room 13 Information
Area: 374
Description: Primary Bedroom
Features Cont: High Ceilings, Walk in Closet
Length: 22
Width: 17
Level: Upper

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition
Exterior Features: Deck, Yard
Exterior Description: Cement Siding, Stone

Lot Information
Lot Size Square Feet: 15,681
Lot Size Range: 15,000 to 19,999 SqFt
Lot Size Acres: 0.36
Lot Size: 15,000 to 19,999 SqFt
Lot Features: Corner Lot, Gentle Sloping
Parcel Number: 05004861

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Approximately
Upper Level Area Total: 1,663
Main Level Area Total: 1,770
Lower Level Area Total: 1,250
View YN: Yes
View Description: Territorial, Trees/Woods

Building Information
Year Built: 2008
Building Area Total: 4,683
Building Area Description: Prev rmls
Building Area Calculated: 3,433

Financial

Tax Information
Tax Year: 2022
Tax Legal Description: PARTITION PLAT 2001-127 PARCEL 2
Tax Annual Amount: $11,891.86

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Spring Mountain
Middle Or Junior School: Happy Valley
High School: Clackamas

Location Information
Directions: Sunnyside Rd, N on 122nd which becomes 129th. R onto Mountain Gate Rd.
Unparsed Address: 12937 SE MOUNTAIN GATE RD, Happy Valley, OR 97086

Community Information
Senior Community YN: No

Public facts

Beds: 5
Baths: 3.5
Sq. Ft.: 4,684
Stories: —
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 2008
Year Renovated: —
County: Clackamas County
APN: 05004861

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Happy Valley Elementary School

Public K-5 • Assigned • 0.9mi

6/10

Happy Valley Middle School

Public 6-8 • Assigned • 0.9mi

5/10

Adrienne C. Nelson High School

Public 9-12 • Assigned • 2.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 93° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

14 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Happy Valley, OR • 97086

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$983,000 – $1.19M

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Sara Bakkum • Premiere Property Group, LLC

Home values near 12937 SE Mountain Gate Rd

Data from public records.

Address	Redfin Estimate
12963 Southeast Mountain Gate Rd, Happy Valley, OR 4 Beds \| 4 Baths \| 4228 Sq. Ft.	$884,702
12787 Southeast Evening Star Ln, Happy Valley, OR 5 Beds \| 4 Baths \| 4079 Sq. Ft.	$851,200

Address	Redfin Estimate
12989 Southeast Mountain Gate Rd, Happy Valley, OR 4 Beds \| 5 Baths \| 4275 Sq. Ft.	$1,142,184
12789 Southeast Evening Star Ln, Happy Valley, OR 4 Beds \| 3 Baths \| 3263 Sq. Ft.	$744,172

Address	Redfin Estimate
12785 Southeast Evening Star Ln, Happy Valley, OR 4 Beds \| 3 Baths \| 3209 Sq. Ft.	$738,578
12823 Southeast Evening Star Dr, Happy Valley, OR 4 Beds \| 2.5 Baths \| 3326 Sq. Ft.	$828,298

Property information provided by RMLS when last listed in 2023. This data may not match . Learn more.

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