Nestled within 5.65 acres of prime development land in the heart of Happy Valley, this gorgeous private estate presents an amazing investment opportunity! Currently a rental, this property also has been annexed into city limits with development potential upon adoption of new SFA and R5 zoning according to the PVNC Comp plan. Many options for land use including single family residences, townhomes, and middle housing. Whether you opt to keep it as a rental, retaining passive income while partnering with a developer to pursue entitlements, or envision transforming it into your dream residence, this property promises a myriad of possibilities while retaining its country charm. The property welcomes you with a gated driveway leading to lush green pastures taking in panoramic views of the surrounding farmland. Boasting a generous 3468 square feet, this residence ensures ample space for everyone. Brand new shopping center at the corner of the Sunnyside and 172nd, close to all the amenities as well as wonderful parks and Clackamas River nearby. Whether you're seeking a lucrative investment or envisioning your own tranquil retreat, this remarkable estate epitomizes country living with boundless potential. For interior details of the home, see residential listing MLS#24124592. Call today as this gem will not last long!
Property Details
Property Features
Listing Office:
Office Name: All County Real Estate
Office Phone: (503) 658-2600
Listing Agent: Adriane Bovero, Kurt Johnson
Exterior Features
Exterior Information:
View: Territorial, Valley
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Private
Lot Size: 5.65 Acres
School Info
Assigned Schools Information:
Centennial High School, Public District Grades 9-12
Centennial Middle School, Public District Grades 7-8
Pleasant Valley Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: South on SE Foster Rd, Right/West onto SE Hemrich Rd, Driveway on Right, Property at the end.
Price Information
Listing Price Info
Price Summary:
List Price: $1,100,000
Tax Information:
Annual Amount: $4,806
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Damascus, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 12:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,806
$302,650
2018
$4,502
$285,277
2017
$4,360
$276,968
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Pleasant Valley Elementary School
17625 SE Foster Rd
Distance between this listing and this school1.07 miles
Public District Grades KG-6
Middle School
6
/10
Centennial Middle School
17650 SE Brooklyn St
Distance between this listing and this school3.64 miles
Public District Grades 7-8
High School
5
/10
Centennial High School
3505 SE 182nd Ave
Distance between this listing and this school3.26 miles
Public District Grades 9-12
Assigned Schools
6
/10
Pleasant Valley Elementary School
17625 SE Foster Rd
Distance between this listing and this school1.07 miles
Public District Grades KG-6
Nearby Schools
7
/10
Scouters Mountain Elementary School
10811 SE 172nd Ave
Distance between this listing and this school0.55 miles
Public District Grades KG-5
8
/10
Happy Valley Elementary School
13865 SE King Rd
Distance between this listing and this school1.85 miles
Public District Grades KG-5
Assigned Schools
6
/10
Centennial Middle School
17650 SE Brooklyn St
Distance between this listing and this school3.64 miles
Public District Grades 7-8
Nearby Schools
7
/10
Happy Valley Middle School
13865 SE King Rd
Distance between this listing and this school1.85 miles
Public District Grades 6-8
6
/10
Rock Creek Middle School
14897 SE Parklane Dr
Distance between this listing and this school2.41 miles
Public District Grades 6-8
Assigned Schools
5
/10
Centennial High School
3505 SE 182nd Ave
Distance between this listing and this school3.26 miles
Public District Grades 9-12
Nearby Schools
8
/10
Clackamas High School
14486 SE 122nd Ave
Distance between this listing and this school3.40 miles
Public District Grades 9-12
4
/10
Springwater Trail High School
1440 SE Fleming Ave
Distance between this listing and this school4.36 miles
The neighbors living near this home have an average income of $90,737. Most Damascus, OR residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 17797 SE Hemrich Rd
What is the listing price of this property?
The listing price of 17797 SE Hemrich Rd property is $1,100,000.
What type of property is this?
The property 17797 SE Hemrich Rd is land located in Damascus, Oregon, 97089.
Is this property for sale now?
Active Listing: 17797 SE Hemrich Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 17797 SE Hemrich Rd are: Pleasant Valley Elementary School: GreatSchools Rating 6/10Centennial Middle School: GreatSchools Rating 6/10Centennial High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,806 (source: MLS/based on county public records data).
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This home is located at 17797 SE Hemrich Rd in Damascus, OR and zip code 97089. This home sits on a 5.65 acre lot. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $1,100,000.
While more than 6 listings in Damascus, OR in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 2 were sold below. In March 2024 in Damascus, OR there were 11.5% more homes for sale than in February 2024. In March 2024 median list price was $667,516 and the average listing age was 53 days.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
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