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  • $989,900

    22479 S Penman Rd, Oregon City, OR 97045

    4beds
    2,440sqft
    : 
    $6,871/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1973
    3.14 Acres Lot
    $-- Zestimate®
    $406/sqft
    $-- HOA

    What's special

    Usable acreageVersatile barn spaceSealed deckExceptional outbuildingsAbundant storageWood storageNew shed with power
    Welcome to this exceptional Oregon City acreage property with many upgrades and improvements! Set on 3.14 acres, this 4-bedroom, 2.5-bath home offers privacy, flexibility, and an incredible list of features for those looking for space both inside and out.The home has been thoughtfully improved with a 12.9 kW solar system with battery backup, a newer HVAC/heat pump system, and two mini-splits with a transferable lifetime warranty. The solar system helps keep utility costs impressively low. Appliances stay, and the kitchen offers a convenient pantry. A woodstove adds warmth and character. The property is ideal for hobbies, animals, and outdoor living. Enjoy a sealed deck, indoor/outdoor surround sound, pond, cherry tree, new shed with power, wood storage, barn, horse stall, and additional outbuildings for toys and equipment. The barn features extra rooms offering versatile space for storage, hobbies, a workshop, or other uses, along with a new electrical panel and a newer roof installed in 2024. The main home roof was replaced in 2018. Additional improvements include a new water treatment system with filters changed every three month and a septic system that was pumped and inspected in March. The property also offers RV parking with a septic connection behind the parking area that could potentially be converted to an RV hookup.The flexible layout provides dual-living potential, with an additional laundry hookup downstairs, making this property ideal for extended family, guests, or those wanting separate living spaces. With acreage, established improvements, abundant storage, versatile barn space, and room for animals and recreational equipment, this property offers an incredible opportunity to enjoy the best of country living while remaining close to Oregon City amenities. Extensive upgrades, usable acreage, exceptional outbuildings, and endless flexibility—come see all this property has to offer!
    29 days
    1,299
    63

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Hales 503-502-9858,

    MORE Realty

    Source: RMLS (OR),MLS#: 541748866MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Upper
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Lower
      Bedroom 4
      • Level: Lower
      Dining room
      • Level: Main
      Family room
      • Level: Lower
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Heat Pump, Mini Split, Wood Stove
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Washer/Dryer, Electric Water Heater
      Features
      • Pantry, Tile
      • Flooring: Wall to Wall Carpet, Wood
      • Basement: Daylight,Exterior Entry,Full
      • Number of fireplaces: 2
      • Fireplace features: Stove, Wood Burning
      Interior area
      • Total structure area: 2,440
      • Total interior livable area: 2,440 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, RV Access/Parking, Garage Door Opener, Attached, Detached
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split
      • Stories: 3
      • Patio & porch: Covered Patio, Deck, Patio
      • Exterior features: Yard
      • Has view: Yes
      • View description: Pond, Trees/Woods
      • Has water view: Yes
      • Water view: Pond
      • Waterfront features: Pond
      Lot
      • Size: 3.14 Acres
      • Features: Cleared, Level, Acres 3 to 5
      Details
      • Additional structures: Barn, RVParking, SecondGarage, Workshop
      • Parcel number: 00900243
      • Zoning: FF10

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      Materials
      • Metal Siding
      • Foundation: Slab, Stem Wall
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Oregon City

      Financial & listing details

      • Price per square foot: $406/sqft
      • Tax assessed value: $991,892
      • Annual tax amount: $6,495
      • Date on market: 8/11/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/11/2026Listed for sale$989,900+29.7%$406/sqft
        Source: RMLS (OR) #541748866 Report a problem
        7/8/2024Sold$763,000-2.2%$313/sqft
        Source: RMLS (OR) #24558259 Report a problem
        6/7/2024Pending sale$779,900$320/sqft
        Source: RMLS (OR) #24558259 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,496 +2.9%$453,933 +3%
        2024$6,316 +2.3%$440,712 +3%
        2023$6,175 +6.9%$427,876 +3%
        2022$5,775 +4.1%$415,414 +3%
        2021$5,550 +1.5%$403,315 +3%
        2020$5,466 +5.5%$391,568 +3%
        2019$5,180 +2.1%$380,164 +3%
        2018$5,073 $369,091 +3%
        2017$5,073 +6.2%$358,341 +3%
        2016$4,779 $347,904 +3%
        2015$4,779 +3.7%$337,771 +3%
        2014$4,609 +5.8%$327,933 +3%
        2013$4,357 +3.3%$318,382 +3%
        2012$4,216 +2.5%$309,109 +3%
        2011$4,114 +2.8%$300,106 +3%
        2010$4,002 +2.6%$291,365 +3%
        2009$3,902 +9%$282,879 +3%
        2008$3,581 +2.2%$274,640 +3%
        2007$3,503 +3.6%$266,641 +3%
        2006$3,382 -1.3%$258,875 +3%
        2005$3,428 +1.1%$251,335 +3%
        2004$3,389 +3%$244,015 +3%
        2003$3,290 +3.9%$236,908 +3%
        2002$3,167 +2%$230,008 +3%
        2001$3,105 +3.9%$223,309 +3%
        2000$2,987 $216,805
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97045

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Carus
        • Middle: Baker Prairie
        • High: Canby

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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