A Guide to Lake Oswego Real Estate and Community
Dianne and Linda

Brought to you by Dianne Gregoire and Linda Rossi, brokers with Oregon First, a professional real estate company licensed with the Oregon Real Estate Agency.

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Big Zone Change

Last year the Oregon legislature passed two zoning laws that are going to have big impact on every town in Oregon that has a population of over 10,000 people.

House bill 2001 requires towns with more than 10,000 to allow “middle housing” in neighborhoods that have previously been zoned for single family dwellings. Middle housing is duplexes, triplexes, fourplexes, townhomes and cottage clusters. Duplexes must be allowed on every lot where single family housing is allowed. The other options have some restrictions. The State Department of Land Conservation and Development is currently working to determine what this means and what cities must do to be in compliance.

House bill 2003 requires cities to study future housing needs and to develop strategies to meet those needs. Lake Oswego is required to do this study and provide a housing needs assessment by 2023.

Obviously this is super controversial. The need for more housing is evident and it is good the State is working to provide more housing options. It could be a win-win for homeowners who want some rental income or want to provide affordable housing to friends or family members. But the flip side is that it will have an impact on the character of our neighborhoods. It will also create greater density that will put a strain on city infrastructure.

For more information visit the City of Lake Oswego website, www.lakeosweago.ciy and search for file “PP 19-0008”, or call Erik Oson, Senior Planner, at 503-697-6524.

As always, thanks for reading the blotter.
Dianne

Market Activity Feb 10-16, 2020

Last week in Lake Oswego there were 7 new listings, 21 properties that went into pending status, and 11 sold/closed sales. What stands out for me is the Days on the Market for the pending sales. Several were on the market for extremely extended periods of time. The average days on the market for this group is 160 days. Now, knowing this, look at how few houses came onto the market compared to houses that received accepted offers: 7 new listings and 21 pending sales. The inventory is currently lower than the demand. This is motivating buyers to look at the houses that have been around for a while and is generating offers. It’s a great time to list your house for sale!

Following is the breakdown for you according to RMLS:

New on the Market (Feb 10-16, 2020)

Address Type Price BR Baths Sq Ft
13 Oswego Summit Condo $178,000 1 1 764
2025 Wembley Park Rd Detached $925,000 3 2.5 2700
2250 Southshore Blvd Detached $1,299,000 4 4.5 4432
467 9th St Detached $1,385,000 3 2.5 2979
839 F Ave Detached $1,450,000 4 3.5 3780
49 Briarwood Rd Detached $1,490,000 3 2.5 3000
4160 Lakeview Blvd Detached $1,598,000 4 4.5 3904

Pending Sales (Feb 10-16, 2020)

Address Type Price BR Baths Sq Ft CDOM
317 Cervantes Condo $229,900 2 2 1209 178
16250 Pacific Hwy #71 Condo $245,000 2 2 1305 257
4425 Thunder Vista Ln Condo $299,000 2 2.5 1980 168
5053 Foothills Dr D Condo $315,900 2 2 1252 124
4210 Woodside Circle Attached $399,900 3 2 1778 151
304 6th St Detached $550,000 1 1 941 89
6450 Frost St Detached $594,900 4 2.5 2216 3
4933 Mulholland Dr Attached $599,900 2 2.5 2403 126
2 Morningview Ln Detached $625,000 4 3.5 2898 241
507 Ash St Detached $675,000 5 4 4666 144
18 Northview Ct Attached $675,000 3 3.5 2671 21
4771 Avery Ln Detached $725,000 4 2.5 2536 5
17393 Grandview Ct Detached $795,000 4 3.5 3672 108
14611 Uplands Dr Detached $975,000 3 3 3028 2
5340 Greystoke Dr Detached $1,095,000 3 4 2955 34
717 5th St Detached $1,279,950 4 2.5 2809 3
2050 Childs Rd Detached $1,295,000 4 4.5 4814 272
12822 Alto Park Rd Detached $1,495,000 4 4.5 3426 0
17686 Stafford Rd Lot 4 Detached $1,529,950 5 3.5 4524 388
1190 Fairway Rd Detached $2,599,000 4 4.5 5855 90
4175 Southshore Blvd Detached $3,900,000 4 4.5 6332 961

Sold/Closed (Feb 10-16, 2020)

Address Type List Price Sold Price Sq Ft CDOM
202 Cervantes Condo $205,000 $187,500 890 212
4000 Carman Dr #19 Condo $210,000 $210,000 836 5
3433 McNary Pkwy #301 Condo $229,000 $219,000 1208 128
4456 Sunset Dr Detached $495,000 $495,000 2024 8
5095 Oakridge Rd Detached $549,000 $583,000 1743 3
2425 Prestwick Rd Detached $719,000 $690,000 1464 46
14066 Chetham Ct Detached $835,000 $826,500 2800 3
2475 Marylview Ct Detached $849,000 $840,000 3009 100
5581 Yorkshire Pl Detached $825,000 $898,500 3218 3
13599 Meadowcreek Ln Detached $1,090,000 $1,130,101 3415 6
1100 Bayberry Rd Detached $1,625,000 $1,545,000 3507 105

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

News & Notes ~ Jan 2020 Numbers

Here is your look at the most recent data for the entire Portland area (January 2020) and how Lake Oswego fits in to this picture just below.

No doubt about it, Inventory is still low. So, not as many houses on the market as we enter the new year, but word is the number of Buyers out there right now is up. Generally that means sale prices will continue to see healthy appreciation as Buyers compete for a smaller number of homes. We’ll just have to wait and see what this year holds!  That said, New Listings are up a whopping 116.9% from December to January, so we may see our “Leveling-out” trend continue as far as prices go if we also continue to see that Inventory rise. Areas in & around Gresham, Oregon City, Milwaukie/Clackamas, Beaverton & Hillsboro, are the strongest as far as Appreciation goes.

According to the RMLS Market Action Report for the Portland Metro Area, January 2020:

  • There were 2,754  New Listings in January 2020 which decreased 9.6%  from January of 2019’s 3,048, BUT rose 116.9% from the previous month/December‘s 1,270.
  • At 1,663, January 2020’s Closed Sales were up 14.6% over January 2019’s 1,451, and down 24.9% from the previous month/December 2019’s total of 2,213. (***Low activity during holidays means not as many “Closing” yet in January.)
  • At 2,271, January 2020’s Pending Sales rose 11.1% over January  2019’s 2,045, and rose 28.2% from the previous month/December 2019’s total of 1,772.
  • The Average Sale Price in January 2020 of $463,000 up $27,400 from last year/January 2019’s $435,600, and stayed steady related to the previous month/December 2019’s $463,000.  
  • The “Median” Sale Price (the price smack dab in the middle of all sales) in January 2020 of $406,000 was up from last year/January 2019’s $384,900 by $21,100, and down just $1,000 from the previous month/December 2019’s $405,000.   

Neighborhoods: January’s Average Sale Price + 12-month Appreciation:

  • North Portland:  $392,900           1.5%   (Dec $440,200)
    •                                                     YTD Median: $385,000
  • NE Portland:  $483,100                   2.4%   (Dec $460,800)
    •                                                     YTD Median: $410,000
  • SE Portland:  $427,000                   0.7%   (Dec $409,000)
    •                                                     YTD Median: $385,000
  • Gresham/Troutdale:   $363,700     4.9%   (Dec $370,100)
    •                                                     YTD Median: $350,000
  • Milwaukie/Clackamas:  $451,300  3.9%   (Dec $441,300 )
    •                                                     YTD Median: $425,000
  • Oregon City/Canby:   $449,300      4.9%   (Dec $446,500)
    •                                                     YTD Median: $439,000
  • Lake Oswego/West Linn:$712,600  2.7%  (Dec $732,400)
    •                                                      YTD Median: $570,000
  • West Portland:    $601,000             -2.5%  (Dec $614,300 )
    •                                                     YTD Median: $507,500
  • NW Wash County:  $498,000         -1.5%   (Dec $522,600)
    •                                                      YTD Median: $463,400
  • Beaverton/Aloha:     $414,500       3.1%   (Dec $385,000)
    •                                                     YTD Median: $400,000
  • Tigard/Wilsonville:   $507,100        1.0%   (Dec$438,900)
    •                                                      YTD Median: $458,300
  • Hillsboro/Forest Grove: $419,500  5.2%   (Dec $420,400)
    •                                                      YTD Median: $386,300

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for  the month of January 2020 reported:

    •  217 Active Listings (Dec 223)
    •  153 New Listings     (Dec 50)
    •  106 Pending Sales   (Dec  70)
    •   73 Closed Sales    (Dec 107)
    • Average Sale Price for January: $712,600  (Dec $732,400)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    •  117 Average Days on the Market   (Dec 109)

 

Market Activity ~ Feb 3-9, 2020

We’re seeing more Listings start to come to market now. Last week in Lake Oswego, 15 New properties entered the market, 16 moved to Pending status, and 9 were “Closed”/Sold. We also have 127 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 3-9, 2020)

Address List Price # Beds # Baths Total SF Prop Type
66 GALEN ST / Upper $179,900 1 1 690 CONDO
4 TOUCHSTONE #130 $205,000 2 2 984 ATTACHD
5054 FOOTHILLS DR E $355,000 2 2 1252 CONDO
12846 BOONES FERRY RD $389,000 2 2.1 1234 CONDO
5053 W SUNSET DR $499,900 2 2.1 1720 ATTACHD
16368 SW Lake Forest BLVD $979,000 4 2.1 2750 DETACHD
17935 CARDINAL DR $1,150,000 3 2.1 1909 DETACHD
975 SCHUKART LN $1,198,000 4 2.1 4449 DETACHD
2024 PALISADES TERRACE DR $1,249,000 4 3.1 4943 DETACHD
717 5TH ST $1,279,950 4 2.1 2809 DETACHD
5745 Washington CT $1,295,000 4 3.1 2841 DETACHD
17467 WESTVIEW DR $1,309,000 4 3.1 4119 DETACHD
18320 MEADOWLARK LN $1,649,000 4 4.2 6054 DETACHD
17537 CARDINAL DR $1,995,000 5 4 5383 DETACHD
1164 CRESTLINE CT $2,495,000 5 4.2 6800 DETACHD

PENDING SALES (Feb 3-9, 2020)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #56 $189,000 3 1 1024 CONDO 207
216 CERVANTES / Grnd $264,900 2 1 1336 CONDO 3
17 SUMMIT RIDGE CT $315,000 2 2.1 1844 ATTACHD 84
28 GREENRIDGE CT $350,000 3 2 1642 ATTACHD 128
68 Greenridge CT $425,000 3 2.1 2868 ATTACHD 293
5057 W SUNSET DR $474,500 2 2.1 1720 ATTACHD 453
524 2ND ST $497,500 2 2.1 1547 CONDO 2
14442 ORCHARD SPRINGS RD $524,900 3 2.1 1400 CONDO 62
14446 HOLLY SPRINGS RD $529,900 3 2.1 1699 CONDO 302
6010 BURMA RD $549,000 3 1.1 1260 DETACHD 12
76 GREENRIDGE CT $650,000 4 3.1 2868 ATTACHD 25
1604 COUNTRY CLUB RD $775,000 4 3.1 3878 DETACHD 862
14066 CHATHAM CT $835,000 5 2.1 2800 DETACHD 3
5331 W SUNSET DR $939,000 3 3.1 3606 DETACHD 137
885 8TH ST $949,000 3 2 1730 DETACHD 13
17084 CHAPIN WAY $1,295,000 4 3.1 4028 DETACHD 11

SOLD (Feb 3-9, 2020)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
54 CERVANTES CIR / Grnd $205,000 $217,000 2 1.1 912 CONDO 29
#74 $294,000 $289,000 1 1 636 CONDO 132
1470 BOCA RATAN DR $389,000 $375,000 4 2 1867 ATTACHD 200
14480 CAMDEN LN $650,000 $667,500 3 2.1 2069 DETACHD 4
4221 Cobb WAY $679,900 $740,000 3 2 1724 DETACHD 3
15815 ALLISON PL $825,000 $800,000 4 2.1 3559 DETACHD 216
13637 WESTLAKE DR $1,130,000 $1,100,000 4 4.1 3927 DETACHD 606
3250 FIR RIDGE RD $1,349,000 $1,349,000 4 3.1 3541 DETACHD 105
1290 ANDREWS RD $1,379,000 $1,375,000 4 3 3610 DETACHD 11

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

The Importance of Great Photography

In today’s real estate market, pretty much 100% of buyers start with the Internet. There are numerous websites that are popular, but all of them upload the information about your home from the same source, the Regional Multiple Listing Service. This data is generated by the Realtor you hire to market your home. Part of that marketing is taking pictures. Today, the RMLS allows up to 32 photos. That’s a lot of pictures.

Here are a few tips to prepare your home for photography.

1. Declutter and remove personal mementos. This is something that I have stressed on numerous occasions, but it just can not be said enough. Clutter decreases value. In photos, it makes a room look small and cramped.

2. Remove seasonal decorations, particularly right now. If you still have holiday decorations up and they appear in photos, it will make your home look like it’s been on the market for two months, even if it’s just now being listed.

3. Outside, hide the garbage cans and the bikes.

4. Trim back the landscaping to benefit seeing windows when exterior pictures are taken, and also to let as much light as possible into the house for the interior photos.

5. Use a Realtor who hires a professional photographer. I’ll admit, I think I’m pretty good at taking pictures. I am a hobby artist and pride myself on knowing angles and directions to photograph, but I can not match the skill of a professional photographer. It’s more than taking the photos. It’s also having the best camera and lens, along with editing. I using an amazing photographer who has a background in graphic design. She sets her camera up on a tripod and then takes multiple photos of the same shot, but using different light exposures. She then edits the photos, combining them, to get the absolute best light exposure.

6. Lots of photographers, not the person I prefer, set a limited window of time, usually about 45 minutes or so. In other words, they won’t have time to open drapes or turn on lights. So be prepared to have your home “photo ready” when they arrive. This means turning on every light in every room. Open all of the drapes to let light in. Consider building a fire in the fireplace.

7. Every property deserves professional photography. No matter the price point, the photos are important.

The photos featured in this post were from a listing I recently had in Mountain Park. This house sold on the first day for $10,000 over the asking price. I hope you can see why. It was a gorgeous house, but the photos…just, wow.

I hope you have found this information helpful. As always, thanks for reading the blotter.
Dianne

Market Activity Jan 27-Feb 2, 2020

Last week in Lake Oswego there were 6 new listings that came onto the market, 14 properties that had offers received and accepted to go into pending status, and 10 closed/sold.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 27-Feb 2, 2020)

Address Type Price BR Baths Sq Ft
34 Wheatherstone #17 Attached $385,000 3 2.5 1692
259 Pine Valley Rd Detached $850,000 3 2 2010
18820 Green Blulff Dr Detached $1,425,000 4 4.5 5572
408 Northshore Rd Detached $1,448,000 4 3.5 3753
2880 Upper Dr Detached $1,995,000 5 4.6 5853
1188 Cherry Circle Detached $2,498,000 5 6.5 8772

Pending Sales (Jan 27-Feb 2, 2020)

Address Type Price BR Baths Sq Ft CDOM
4384 Woodside Circle Attached $375,000 3 2 1705 2
2001 Country Club Rd Detached $549,000 3 2 2022 141
16106 Lake Forest Blvd Detached $549,900 3 1.5+.5 3440 575
2500 Greentree Rd Detached $559,000 3 2 1502 5
1981 Summit Dr Detached $579,000 3 2.5 2189 4
17291 Cedar Rd Detached $585,000 6 3 2872 228
4045 Bass Ln Detached $599,000 4 2.5 2158 137
4911 Parkhill St Detached $599,900 4 2.5 2158 137
15510 Partridge Dr Detached $610,000 3 2.5 2298 2
2103 Ridgewood Rd Detached $664,900 4 2 1650 3
13711 Fielding Rd Detached $889,950 4 4 4649 224
13599 Meadowcreek Ln Detached $1,090,000 4 3.5 3415 6
1623 Maple St Detached $1,249,900 5 3.5 4797 183
305 Chandler Pl Detached $1,400,000 6 4 3390 1

Sold/Closed (Jan 27-Feb 2, 2020)

Address Type List Price Sold Price Sq Ft CDOM
124 Oswego Summit Condo $245,000 $238,000 1140 233
22 Condolea Dr Condo $385,000 $375,000 1,448 132
16317 Bonaire Ave Detached $369,900 $385,000 1219 4
668 McVey Ave Condo $410,000 $400,000 852 31
38 Briarwood Rd Detached $800,000 $462,000 2554 493
3241 Phyllis Ct Detached $525,000 $502,000 2674 8
30 Becket Detached $544,999 $535,000 2077 113
16800 Lakeridge Dr Detached $1,100,009 $1,049,000 2369 138
4316 Upper Dr Detached $1,349,000 $1,130,000 4376 257
878 7th St Detached $1,350,000 $1,280,000 3017 7

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

This Week in Lake Oswego ~ Feb 3-9, 2020

Here are my picks for things happening this week!

Mon, Feb 3, 2020– 7:00PM –  Development Review Commission  ~ Opportunity to hear about upcoming projects including new athletic field lighting and a hitting barn at Lakeridge High School – City Hall, 380 A Ave –  Info: CLICK HERE

Tue, Feb 4 2020 –  7:00-8:30PM – “Bayou Boyz” for First Tuesday Music!!!!~***Ding! Ding! Ding!  These guys are just some of the best musicians in the region… at the Lake Oswego Library! Bayou Boyz promise to “swampify your world”. This is Louisiana-style music from coastal areas featured in the 2020 LO Reads title, Rising: Dispatches from the New American Shore, by Elizabeth Rush.  – Lake Oswego Library, 706 4th St-  Info:  CLICK HERE  

Wed, Feb 5th, 2020 – 4:15-5:00PM / Ages 7-12- Meet the Artist  ~ Each week explore an Artist who really made an impact in the world…such as Frida Kahlo, Picasso, Matisse, and Georgia O’Keefe ~ CCP, 1060 Chandler Rd –Info & Reg:  CLICK HERE     

Thu, Feb 6th, 2020 9:00-10:00AM – 50+ Aerobic Exercise to Music  ~ Low-impact class helps w/balance, flexibility, strength. Adult Community Center, 505 G Avenue – Info & Registration: (class has begun/can still sign up!)   CLICK HERE

Fri , Feb 7th 2020:  1:30-4:00, Beasts of the Southern Wild    ~ See this film from  in a theater and discuss it afterwards. In the movie, 6-year-old Hushpuppy (Quvenzhané Wallis) lives with her father Wink (Dwight Henry) in a remote Delta community. Doors open at 1:30. Film starts at 2:00.  – Lake Theater & Cafe, 106 N State St  Info: CLICK HERE 

Sat , Feb 8th 2020:  1:00-2:30, Garden Planning 101   ~Learn about succession planting, companion planting and “what to plant/when”. – Luscher Farm, 125 Rosemont Road  Info: CLICK HERE 

Sun, Feb 9, 2020– 2:00-3:00PM –  Young People Facing Climate Change  ~ Hear a panel featuring youth from Lake Oswego and Lakeridge High Schools discuss how they are feeling about climate change and what opportunities are available to become involved. – City Hall, 380 A Ave –  Info : CLICK HERE

 

Market Activity ~ Jan 20-26, 2020

Last week in Lake Oswego, 4 New properties entered the market, 13 moved to Pending status, and 6 were “Closed”/Sold. We also have 135 homes for sale here, right now.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Jan 20-26, 2020)

Address List Price # Beds # Baths Total SF Prop Type
107 OSWEGO SMT/Grnd $214,900 2 1.1 1116 CONDO
157 6TH ST $1,549,000 4 3.1 3614 DETACHD
667 LAKE BAY CT $1,699,900 4 3.1 3616 DETACHD
1350 Andrews RD $2,150,000 3 3.1 3377 DETACHD

PENDING SALES (Jan 20-26, 2020)

Address List Price # Beds # Baths Total SF Prop Type CDOM
1470 BOCA RATAN DR $378,888 4 2 1867 ATTACHD 200
4 THE GROTTO $419,000 3 2.1 1534 DETACHD 256
3802 SOUTHSHORE BLVD $550,000 3 2 1908 DETACHD 2
5207 ROSEWOOD ST $559,900 3 2 1438 DETACHD 5
14480 CAMDEN LN $650,000 3 2.1 2069 DETACHD 4
18006 GIMLEY CT $688,000 5 4 3110 DETACHD 3
19262 Pilkington RD $699,900 3 2.1 2194 CONDO
14253 KIMBERLY CIR $850,000 4 3.1 3527 DETACHD 40
1691 VILLAGE PARK LN $998,000 4 3.1 3980 DETACHD 10
1692 VILLAGE PARK LN $1,198,000 4 3.1 3581 DETACHD 171
1976 HIGHLANDS LOOP $1,650,000 4 3.2 4881 DETACHD 310
162 BERWICK RD $2,199,900 4 4.1 4227 DETACHD 80
17675 CARDINAL DR $2,295,000 4 3 3458 DETACHD 185

SOLD (Jan 20-26, 2020)

Address Opning Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4085 JEFFERSON PKWY $339,000 $306,000 2 2.1 1302 CONDO 85
12862 BOONES FERRY RD #114 $378,500 $378,500 2 2.1 1136 CONDO 47
14024 EDENBERRY CT $860,000 $870,000 4 2.1 3183 DETACHD 3
3 DOVER WAY $999,000 $880,000 5 3.2 4988 DETACHD 130
4350 LORDS LN $1,395,000 $1,395,000 5 4 3888 DETACHD 5
6720 CHILDS RD $1,850,000 $1,715,000 4 4.1 6898 DETACHD 153

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

Oswego Heritage Council

I am a big fan of history and I really appreciate it when it is well preserved and appreciated. Lake Oswego history is quite fascinating. The town was originally founded as a result of the discovery of iron ore in hills where Iron Mountain Drive now runs. The ore was brought down out of the mountain, loaded onto barges and taken across the lake to the Willamette River where it was smelted into usable iron.

While LO never did actually become “the Pittsburgh of the West”, it did get it’s start as a company town that evolved into a vacation town for folks in Portland, and eventually into what it is today with a population of just under 40,000 people.

Preserving the history of the town is the focus of the Oswego Heritage Council. Located as 398 10th Street in downtown LO, the council is located in an elegant formal residence that houses a museum, meeting rooms and a formal garden. There is a permanent exhibit as well as rotating exhibits. Currently being shown is the Bickner and Woodward family collection of photographs from 1919-1921. The museum is open Monday, Tuesday, and Thursday from 10-3. It is free.

The council is a 501 (c)(3) non profit. It is financed by the efforts of the council itself. In keeping with it historic mission, these efforts are primarily well known and respected annual events that include a classic car and boat show in August and a home and garden tour in June.

The facility is also available for rent. It’s suitable for meetings, luncheons, and small weddings.

As always, thanks for reading,
Dianne

Market Activity Jan 13-19, 2020

Last week in Lake Oswego there were 5 new listings that came onto the market, 15 properties that had offers received and accepted to go into pending status, and 12 closed/sold.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 13-19, 2020)

Address Type Price BR Baths Sq Ft
45 Oswego Summit Condo $210,000 1 1 764
48 Eagle Crest Dr 5F Condo $264,900 2 2 1370
45 Eagle Crest #200 Condo $265,000 3 2 1348
100 Leonard St #3-4 Condo $634,000 3 2 1736
885 8th St Detached $949,000 3 2 1730

Pending Sales (Jan 13-19, 2020)

Address Type Price BR Baths Sq Ft CDOM
38 Oswego Summit Condo $199,900 1 1 902 118
4000 Carman Dr #19 Condo $210,000 1 1 836 5
3433 McNary Pkwy #301 Condo $219,000 2 2.5 1208 128
19230 Redwing Ct Detached $455,000 4 2.5 1842 1
15003 Twin Fir Rd Detached $492,000 2 1 984 88
2931 Vale Ct Detached $557,800 3 2.5 2311 4
17199 Warren Ct Detached $569,900 3 2 1750 44
14383 Holly Springs Rd Detached $585,000 5 2.5 2238 2
1611 Lee St Detached $599,900 3 2.5 2539 58
15815 Allison Pl Detached $825,000 4 2.5 3559 216
14865 Twin Fir Ct Detached $849,500 5 3 3161 256
15203 Lily Bay Ct Detached $870,000 4 2.5 3219 229
1405 Country Commons Ln Detached $1,100,000 4 3 4083 142
878 7th St Detached $1,350,000 4 3.5 3017 7
1100 Bayberry Rd Detached $1,597,500 3 3 3507 105

Sold/Closed (Jan 13-19, 2020)

Address Type List Price Sold Price Sq Ft CDOM
213 Cervantes Condo $229,999 $214,000 1216 115
5060 Foothills Dr B Condo $350,000 $348,000 1,252 70
5989 Langford Ln Condo $569,000 $550,000 1794 4
4511 Oakridge Rd Attached $639,900 $614,500 2129 51
440 9th St Detached $688,000 $620,000 2475 136
17618 Blue Heron Rd Detached $795,000 $765,000 2413 77
17821 Hillside Way Detached $848,000 $770,000 3480 89
135 Furnace St Condo $870,000 $820,000 1927 74
939 F Ave Detached $975,000 $975,000 1706 0
18989 Pilkington Rd Detached $1,224,700 $1,189,950 3640 418
961 Terrace Dr Detached $3,200,000 $2,700,000 5542 838
919 Westpoint Rd Detached $4,600,000 $3,899,000 4858 815

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.