tomo logo

$1,150,000

Beds
3
Baths
3.0
sq ft
Unknown

11404 SE Cheerful Way, Happy Valley, OR 97086

11404 SE Cheerful Way

Happy Valley, OR 97086

  • 11 days on market
This incredibly rare luxury one story home, on coveted Scouters Mountain, is 100% spot on. How difficult is it to find a Unicorn like this one? Only 5 2,000+ square foot single level homes were built this decade and sold over the past three years in all of Happy Valley. The highly desirable floor plan offers only one front AND back yard step. The 16ft sliding door, covered patio with ceiling mounted infrared heater, and back yard sod/irrigation, provides an unparalleled indoor/outdoor experience amongst stunning, panoramic greenspace, nature park, and Mt. Hood views. The newer construction home, built-by America’s Luxury Home Builder - Toll Brothers, comes with upgraded insulation, tech wiring/room, and solar panels. It’s even in North Clackamas School District! The picturesque great room with 12ft ceilings, floor to ceiling stone fireplace, floor outlets, and casual dining with custom lighting, will leave you speechless. The entertainer's dream kitchen provides an abundance of natural light, upgraded Jenn Air appliances, convection oven, under-cabinet lighting, and walk-in pantry. The impressive primary suite provides large windows framing the incredible views and has a walk-in closet, free-standing tub, spacious walk-in steam shower, dual vanities, and an adjoining laundry room. The Junior suite has a full bath and walk-in closet. There is room for everyone with the spacious glass-doored office and additional bedroom. All appliances, security system with no monitoring commitment, electric car charger, and exterior gas hookup with gas grill, are also included. With over 150k in upgrades, the list just goes on and on. Scouters Mountain Nature Park and the subdivision's high-end community center, basketball court, and recreation area is <1mi away. Happy Valley Elementary/Middle School, and Happy Valley Park, dog/skate parks, tennis/pickle ball courts, event venue, and nature park are <2mi away. PDX is 14mi away. Oregon Coast, Mt Hood, and the Gorge is >2h.

Details

Property type

Single Family Residence

Est. home value

$894,577

Lot size

Unknown

Price per sq ft

Unknown

Year built

2020

Annual property taxes

$11,498.59

Monthly HOA fee

$65

Price History

03/09/2025
PortlandOR

PortlandOR #311127936

Listed
$1,150,000
03/09/2025
PortlandOR

PortlandOR #311127936

Removed
$1,150,000
02/27/2025
PortlandOR

PortlandOR #311127936

Listed
$1,150,000
+41.98%

Schools & Community

Elementary school: 

Scouters Mtn

Middle school: 

Happy Valley

High school: 

Adrienne Nelson

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$310,334
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$747,666
Cash to seller
$310,334

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

September 2020

Original loan amount

$828,624

Est. remaining balance

$747,666

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Christian Schumacher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/09/2025 at 10:30 PM

Listing updated: 03/09/2025 at 3:49 PM

Listed by: Brandi Walters, Real Estate Performance Group Phone #: (503) 893-2754

MLS: PortlandOR #311127936

PortlandOR logo