12123 Nella Way
Happy Valley, OR 97086
4 bd 3 ba 2,400 sqft Built 1992 Lot 9,147 sqft single_family
Most recent sale
$777,000
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2022 | Sold | $777,000 | MLS #22647770 |
| Mar 9, 2022 | Listed | $689,000 | MLS #22647770 |
| Aug 28, 2007 | Sold | $412,000 | MLS #7008673 |
| Jan 30, 2007 | Listed | $412,000 | MLS #7008673 |
| Apr 28, 1993 | Sold | $200,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $396,505 | $7,862 |
| 2024 | — | — | $396,505 | $7,587 |
| 2023 | — | — | $373,745 | $7,373 |
| 2022 | — | — | $362,860 | $6,437 |
| 2021 | — | — | $352,292 | $6,734 |
| 2020 | — | — | $342,032 | $6,515 |
| 2019 | — | — | $332,070 | $6,405 |
| 2018 | — | — | $322,398 | $5,653 |
| 2017 | — | — | $313,008 | $5,474 |
| 2016 | — | — | $303,891 | $5,282 |
| 2015 | — | — | $295,040 | $5,132 |
| 2014 | — | — | $286,447 | $4,857 |
| 2013 | — | — | $278,104 | $4,777 |
| 2012 | — | — | $270,004 | $4,684 |
| 2011 | — | — | $262,140 | $4,650 |
| 2010 | — | — | $254,505 | $4,401 |
| 2009 | — | — | $247,092 | $4,265 |
| 2008 | — | — | $239,895 | $4,010 |
| 2007 | — | — | $232,908 | $3,938 |
Property facts
Year built
1992
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,400 sqft
Lot size
9,147 sqft
ZIP code
97086
City
Happy Valley
Street
Nella Way
Coordinates
45.43813, -122.53905
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,800
Gross rental yield
7.41%
Implied cap rate
4.82%
Trend-extrapolated value
—
Frequently asked questions
When did 12123 Nella Way last sell?
12123 Nella Way most recently sold on Apr 15, 2022 for $777,000.
What is the current tax assessment for 12123 Nella Way?
The most recent total assessment for 12123 Nella Way (year 2025) is $396,505 with $7,862 in property tax.
How does 12123 Nella Way's assessment compare to its last sale price?
The current assessment is 49.0% below the last sale price of $777,000.
When was 12123 Nella Way built?
12123 Nella Way was built in 1992.
How does 12123 Nella Way compare to others on Nella Way?
We track 3 other properties on Nella Way. Browse the list under "Other properties on Nella Way" to compare beds, baths, and sale history.
What are the property facts for 12123 Nella Way?
12123 Nella Way is a 4 bed, 3 bath, 2,400 sqft, 9,147 sqft lot single_family.
Is 12123 Nella Way a flip candidate?
No — 12123 Nella Way does not appear in our flips dataset.
Is 12123 Nella Way a tax-appeal candidate?
No — 12123 Nella Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.6%
2026 Q3
$822.7K
2026 Q4
$834.8K
ZIP 97086 — Median Price History + Forecast
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Geography
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