A Guide to Lake Oswego Real Estate and Community
Dianne,  Linda & Whitney

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

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Energy Effiency

Happy December, Property Blotter Readers!

One of the things we love about living here is the change of the seasons. The seasonal variations are not as marked as in other parts of the country with our snowfall being very periodic and usually short-lived, but we DO get some of that, and of course we get to enjoy our fireplaces and the cozy feeling of getting in out of the cold during winter months. Then in spring we watch the leaves come back, followed by the splendor & blue skies of summer, and fall when the leaves turn brilliant red & gold again.

The summer and the winter present challenges to all of us in terms of energy efficiency. The City of Portland has recently instituted a mandate set to begin in January 2018 that will require all homeowners who put their homes on the market to complete and provide to all potential Buyers a Home Energy Score & report. The score will be displayed on each listing, and the reports must be provided in the home right there with the flyer and other home info. The idea is to increase awareness & reduce the overall carbon footprint in this area, and the program is being instituted in conjunction with other major cities in the United States toward the same end. The comparison is being made to Buyers being able to see MPG rating on a car for instance, to let them know how much it is going to cost them in gas as they compare one vehicle to another. ***Lake Oswego is located in Clackamas County, is not part of the City of Portland, and is therefore exempt from this regulation, but I am bringing it to your attention as this is something Buyers, who are also looking in Portland right next door, will become used to seeing and will likely ask Lake Oswego homeowners about.

Lake Oswego is exempt, as I mentioned, and/but it is always a good idea to check your home’s energy efficiency. Also, this program signals & ushers a new era of expectations on the part of Buyers. The new program is creating a set of “Energy Assessors” in this area available to come to your home and check its systems such as furnace, air conditioning, windows, and insulation. They can, if you like, provide you with a report and an Energy Score that you can use for your own information regarding how you might lower your energy costs. The reports will cost approx $250 depending on the size of the home etc.

Its always best to be “in the know”! Here is a link to information on the Portland program, just FYI: CLICK HERE

Market Activity ~ Nov 27 - Dec 3, 2017

Last week saw 7 New properties enter the market in Lake Oswego, 13 move to Pending status, and 21 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 27-Dec 3, 2017)

Address List Price # Beds # Baths Total SF Prop Type
100 Kerr PKWY #58 $195,000 2 1.1 822 CONDO
16150 LAKE FOREST BLVD $524,900 2 2 2302 DETACHD
14595 SHERBROOK PL $569,500 3 2.1 2028 DETACHD
12 MORNINGVIEW CIR $635,000 3 2.1 2732 DETACHD
13265 FOX RUN $699,900 4 2.1 2614 DETACHD
17184 CARLSON CT $720,000 4 3.1 3318 DETACHD
STAFFORD RD/Lot 2 $995,000 5 3.1 3258 DETACHD

PENDING SALES (Nov 27-Dec 3, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
90 OSWEGO SMT / Upper $239,500 2 2 1140 CONDO 114
16724 ROOSEVELT AVE $389,900 3 1.1 1270 DETACHD 112
3 MOUNTAIN CIR $429,000 3 2 1464 ATTACHD 39
3845 TEMPEST DR $569,900 4 2.1 1953 DETACHD 43
13758 REGENCY CT $599,900 3 2.1 1986 DETACHD 40
1885 CREST DR $625,000 4 2 2120 DETACHD 132
8 MORNINGVIEW LN $635,000 3 2.1 3277 DETACHD 98
5330 CARMAN GROVE LN $725,500 3 2.1 2442 DETACHD 165
17645 OAK MEADOW LN $749,000 4 2.1 3723 DETACHD 159
103 GARIBALDI ST $775,000 4 3.1 3940 DETACHD 240
15543 VILLAGE DR $878,000 4 2.1 3036 DETACHD 118
5320 SOUTHWOOD DR $915,000 5 3 3646 DETACHD 106
937 Cedar ST $1,350,000 4 3.1 3938 DETACHD 125

SOLD (Nov 27-Dec 3, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
200 BURNHAM RD#303 $230,000 $214,000 2 1 1199 CONDO 53
54 GALEN ST #54 $239,900 $232,000 2 2 995 CONDO 4
88 GREENRIDGE CT #88 $270,000 $279,000 2 2 1314 ATTACHD 24
30 GREENRIDGE CT $335,000 $330,000 2 1.1 1928 ATTACHD 100
1625 CLOVERLEAF RD $489,900 $440,000 3 2 1996 DETACHD 57
5871 BONITA RD $549,950 $483,000 4 3 2406 DETACHD 421
19240 MAREE CT $525,000 $525,000 3 2.1 1964 DETACHD 2
1575 IVY CT $599,000 $563,500 4 3 2420 DETACHD 75
16 BERNINI CT $620,900 $615,823 4 3.2 4642 DETACHD 22
12 SCARBOROUGH DR $650,000 $620,000 4 2.1 2966 DETACHD 187
17524 ERIN CT $749,900 $675,000 5 3 3008 DETACHD 68
4608 CHELSEA LN $825,000 $825,000 4 2.1 3092 DETACHD 2
5406 LANGFORD LN $845,000 $840,000 3 2.1 3415 DETACHD 5
16039 BONAIRE AVE $860,000 $876,587 3 3 3305 DETACHD 0
1420 MORNING SKY CT $1,049,000 $979,000 4 3.1 3613 DETACHD 73
1011 LAKE SHORE RD $1,195,000 $1,050,000 3 3 2820 DETACHD 69
3519 Lake Grove AVE $1,185,000 $1,125,000 4 2.1 3176 DETACHD 30
3133 DOUGLAS CIR $1,499,000 $1,325,000 4 3.1 3981 DETACHD 150
610 4TH ST $1,565,000 $1,555,000 4 2.1 3470 DETACHD 49
13912 Goodall RD $1,735,000 $1,700,000 4 3.2 4658 DETACHD 84
2430 SUMMIT CT $2,300,000 $1,850,000 3 3 2911 DETACHD 154

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.

Value Other Than Money

Owning real estate is a tremendous way to build wealth. Not only are you providing yourself or others a place to live, but you are very likely going to experience the growth of the value of the property over time. So when most of us think about real estate value, we are thinking about what the monetary worth of the property is. This value is extremely important. It will have a major role to play in decisions to buy and to sell. It is really the top priority when value is considered. But there are two other significant factors that also have great value.

Time
Timing is really important as well. Timing plays into things like the termination of a lease, the birth of a baby, relocation for a job. Your life will create circumstances that motivate you to make decisions about buying and selling and these circumstances will move you forward.

Timing is also a super big consideration if you own a home and want to move just for simple circumstances of change. You want a bigger/smaller/one level/bigger garage/different house. How do you coordinate selling one and buying another? Everyone prefers to just move once, and everyone wants to buy the perfect next house. How do you put this together? I counsel people that you have to choose which is of greater importance, the money or the time? If you want to maximize the highest sales price and the lowest purchase price then you need to make the money the priority. You need to put your house on the market and get it under contract before you make an offer on the new house. Then you make the offer on the new house with some negotiating power because you have got your prior house in escrow. This also means that you may not find the perfect next house right away, and you may have to find interum housing while you take time to house hunt. If the idea of selling before you find your perfect house scares you, then you are prioritizing time. You can go shopping, but you have to find a way to buy without having sold. You may end up floating two mortgages if you close on one house without having sold the other. Or you may have to make a contingent offer based upon the sale of your current home. To get the person selling the house you want to buy to give you a chance to do this, you are essentially going to have to make it worth their while. You present a risk to them because your current home may not sell right away. To entice them to take this risk you will likely have to pay full price (or even more than full price) for the next house. In addition, when you finally do list your current home, you are going to need to price it to get it sold quickly. This may be a list price below what you otherwise may have wanted to try.

Good Will
Good will is the reason that I wanted to write this post today. Good will goes a long way and is very beneficial to everyone involved.

Here is the scenario. This is based upon an experience I had about a week ago. I am going to mix up the details a bit to retain people’s privacy, but you’ll get the idea.

I represented buyers who made an offer on a house that has been on the market for 2 months. We offered $9000 below the asking price and asked for the washer, dryer, and refrigerator. The seller countered agreeing to just $4000 below the list price and not including any appliances. My buyers felt that this was in fact something similar to a full price counter offer because the appliances are easily worth $4000. They countered back agreeing that no appliances would be included, but wanting a price $6000 under the list price. We were now just $2000 apart. Then we waited for 2 full days. When we finally got a response, the seller had countered again at $4000 under the list price with no appliances. She had not budged. My clients agreed to these terms and we also realized that this home owner was pretty much tough as nails. Then we had the home inspection. It did not go well. The 9-year-old roof is leaking in multiple places, the furnace needs to be replaced, and the house has aluminum wiring. Each one of these items is expensive. My guess is $25,000 or so in needed repairs. We just didn’t want to negotiate these items with this seller. She agonized over her refrigerator and a couple thousand dollars. We just knew she’d want to nit pic the needed repairs. My buyers walked away. I honestly believe that if they felt like they had gotten more of a win in the negotiation of the offer they would have been motivated to at least attempt to negotiate the repairs.

I want to also say that nobody is out to “get” the other party. Everyone in the sale is wanting the best for themselves, but it goes so much more smoothly when everyone approaches the sale with compassion. So I want to put it out there that good will is important and should be taken into consideration. Be good to one another and set a tone of cooperation. Everyone will win when this happens.

Thanks for reading,
Dianne

Market Activity Nov 20-26, 2017

It has officially begun, the holiday market. Real estate activity has dropped back to just 6 new listings, 12 pending sales, and 8 closed sales last week in Lake Oswego. This is about a third of what the activity is like in the spring and summer, and about half of what is was just a month ago. But think about it, with all of the hectic activity of the holidays, there were new listings, pending sales, and closed sales. Real Estate is 365 days of the year. Happy Holidays!

Following is the breakdown for you according to RMLS:

New on the Market (Nov 20-26, 2017)

Address Type Price BR Baths Sq Ft
5058 Foorhills Dr A Condo $364,500 2 2 1252
18017 Tualata Ave Detached $379,900 3 2 1124
5215 Bonita Rd Detached $495,000 3 2.5 1761
2757 Lakeview Blvd Detached $925,000 4 3 2854
910 A Ave Detached $999,000 3 2 3324
1947 Summit Dr Detached $1,999,500 5 5.5 5570

Pending Sales (Nov 20-26, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #27 Condo $121,900 2 1.5 832 7
200 Burnham Rd 3300 Condo $215,000 1 1 973 17
3433 McNary Pkwy #604 Attached $269,900 2 2,5 1136 7
14332 Sherbrook Pl Detached $450,500 3 2.5 1770 25
106 Greenridge Ct Attached $469,950 3 3 3198 4
210 Northshore Rd Detached $529,900 2 1.5 2050 56
385 Livingood Ln Detached $610,000 3 2 2083 8
1625 Fernwood Dr Detached $629,000 3 2 2182 82
3220 Duncan Dr Detached $649,000 4 2.5 3042 141
2983 Lakeview Blvd Detached $799,000 3 2.5 2583 72
14167 Taylors Crest Ln Detached $915,000 4 2.5 3675 177
5303 Amberwood Ct Detached $999,999 3 2,5 3634 15

Sold/Closed (Nov 20-26, 2017)

Address Type List Price Sold Price Sq Ft CDOM
4103 Jefferson Pkwy Condo $329,900 $322,500 1359 6
5526 Yorkshire Pl Detached $599,500 $575,000 2,449 26
653 3rd St Detached $574,999 $585,569 1,522 1
2810 Dellwood Dr Detached $564,900 $615,000 2278 7
1051 Forest Meadows Way Detached $1,850,000 $1,640,000 5505 162
1940 Highlands Loop Detached $1,698,000 $1,660,000 4080 250
12901 Goodall Rd Detached $1,995,000 $1,902,500 5333 414
1495 Oak Terrace Detached $2,795,000 $2,425,000 3983 86

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.

Market Activity ~ Nov 13-19, 2017

Plenty of “refreshed” properties, but here at the Blotter we value getting only real, fresh/new content to our readers. Last week saw 8 truly New properties enter the market in Lake Oswego, 17 move to Pending status, and 13 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Nov 13-19, 2017)

Address List Price # Beds # Baths Total SF Prop Type
3433 MCNARY PKWY #604 $269,900 2 2.1 1136 ATTACHD
1784 BONNIEBRAE DR $339,000 2 1.1 1393 ATTACHD
385 LIVINGOOD LN $610,000 3 2 2083 DETACHD
4985 CASCARA LN $849,000 5 2.1 3607 DETACHD
625 CARRERA LN $998,000 4 3 5288 DETACHD
1925 CHILDS RD $1,369,000 5 4.1 5207 DETACHD
624 ATWATER RD $1,398,000 5 3.1 4463 DETACHD
157 6TH ST $1,650,000 4 3.1 3614 DETACHD

PENDING SALES (Nov 13-19, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
66 OSWEGO SMT $189,900 1 1 764 CONDO 62
5061 FOOTHILLS DR A $309,500 2 2 991 CONDO 8
16215 LAKE FOREST BLVD $399,900 3 1 1001 DETACHD 46
19244 BENFIELD AVE $449,000 3 2 1182 DETACHD 3
5907 KENNY ST $450,000 3 2 1300 DETACHD 34
5866 RIDGETOP CT $525,000 3 2 1866 DETACHD 15
405 BOCA RATAN DR $529,900 3 2.1 2040 DETACHD 115
17736 CARDINAL CT $535,000 4 2.1 2280 DETACHD 29
960 CAPILANO CT $599,600 4 3 2416 DETACHD 238
5110 ROSEWOOD ST $615,000 3 2.1 2464 DETACHD 106
999 OXFORD DR $639,000 4 3 3118 DETACHD 93
17040 SUMMER PL $639,000 4 2.1 3186 DETACHD 71
14377 CAMDEN LN $639,900 4 2.1 2530 DETACHD 141
4725 FIRWOOD RD $675,000 3 2.1 2557 DETACHD 3
4006 CANAL WOODS CT $775,000 5 3.1 3514 DETACHD 152
5501 RACHEL LN $799,900 4 2.2 3659 DETACHD 130
12834 ALTO PARK RD $1,475,000 4 3.3 3973 DETACHD 66

SOLD (Nov 13-19, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #43 $205,000 $206,500 2 2 866 CONDO 6
50 SW CERVANTES CIR $213,750 $210,000 2 1.1 1368 CONDO 3
7210 CHILDS RD $399,000 $340,000 3 2 1542 DETACHD 989
5061 FOOTHILLS DR $350,000 $340,000 2 2 991 CONDO 23
1675 HALLINAN ST $499,900 $455,000 3 2.1 2450 DETACHD 84
2 CREEKSIDE TER $634,900 $575,000 4 2.1 2906 DETACHD 86
17808 CARDINAL PL $650,000 $594,000 3 2 1870 DETACHD 91
1040 UPPER DEVON LN $689,000 $650,000 3 2.1 2640 DETACHD 151
133 FURNACE ST $798,000 $775,000 2 3 1927 CONDO 8
504 10TH ST $819,000 $790,000 3 2 2277 DETACHD 65
3200 UPPER DR $798,500 $814,000 4 3 2543 DETACHD 4
13700 KNAUS RD $1,150,000 $1,055,000 3 2.1 2403 DETACHD 106
3250 UPPER DR $1,595,000 $1,500,000 4 4.1 3977 DETACHD 42

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.

We Are Grateful for You!

We wish for you a long weekend of relaxing time with family and friends. We all have so much to be grateful for.  Happy Thanksgiving from us at the Property Blotter!

The Importance of Property Disclosure

First, a bit about disclosure law in Oregon. Our State has a property disclosure law that requires a person selling a house to tell what they know about the house, and in particular, any known defects. To accomplish this there is a 5-page form that sellers complete and then give to their buyer. Once the buyer and/or the buyer’s Realtor receive this form a clock starts ticking. The buyer has 5 business days to simply change their mind. They get their earnest money back and have no need to provide any justification. Think of it as being like the 3-day lemon law when you buy a car. Same thing. You can wake up one morning in the disclosure period and simply not want to buy the house. There are exemptions made for bank foreclosures, trustees, and essentially parties who have control of the property but no knowledge of the material condition of the property. There is also the possibility, very, very slim, that a seller would refuse to complete the disclosure form. They can actually do this. However, this means that the disclosure period does not end and a buyer can terminate with no cause at any time. What person selling a home would want to leave such an open ended way for a buyer to terminate? Also, what buyer would want to buy a house from a person who won’t tell them what they know? Even if a person selling a home refused to fill out the form, it does not relieve them of their legal obligation to tell what they know.

For Sellers
Property disclosure is probably the single most important thing you are going to do when selling a house. Tell what you know. It is that simple. I recommend that you over disclose as opposed to under disclose. So if the kitchen sink leaked and you fixed it, tell about it. During the home inspection the home inspector will find the water stains, now dry, underneath the kitchen sink. If you haven’t told about it, it will create an element of distrust for your buyer who will want to know “how come they didn’t mention that?”

To fully disclose you will need additional pages. There is a form for this, or you can simply write it out, sign it, and have it attached to the disclosure form.

Don’t be afraid of disclosing. At the time the buyer receives the disclosure form, they have just experienced the excitement of getting their offer accepted. They are usually happy and ready to learn about their new home. They are mentally in a place where they will take news in a good way. This will probably not be the case a week or two into the transaction when the buyer is also coping with all that they learned in the home inspection.

Tell what you know. It is your most important responsibility and it is also the place that you are mostly likely to get into trouble if you don’t tell what you know. This knowledge is to the best of your ability on the day that you fill out the form. If you don’t know the answer to a question, that’s OK. You are not expected to go out and find the answer. It also means that after completing the form, if you do learn new information, you should amend the document to keep it current.

For Buyers
The disclosure period is a wonderful opportunity to allow yourself to take a deep breath and make certain that this is the house that you want to buy. It takes some of the pressure off when you make you offer, particularly in a really tight seller’s market. You can go into your offer knowing you’ll have this cooling offer period. Bear in mind that those exemptions are out there for properties like bank foreclosures.

When you receive the seller’s disclosure statement, you have a right to expect it to be completely filled out, with no unanswered questions, and with explanation for anything the seller tells you that raises concerns. If the roof has leaked, and the seller checked the box “yes”, but then says nothing more, you have the right to ask for a better explanation. I have sent property disclosure forms back to the listing Realtor and refused to accept them that were poorly completed. Doing this forces the seller to give it another go and to do so more thoroughly. That is an unusual step to take, but it may be necessary.

Ask questions. Even with a good explanation, perhaps you don’t have a full picture. It’s OK to ask for receipts or contact information for a contractor. The more knowledge you have, the better.

In General
Both buyers and sellers benefit from thorough property disclosure. We are lucky to live in a state that requires it.

Please let us know if you have any questions,
Dianne

Market Activity Nov 6-12, 2017

While the market is slow as compared to June, it is still both strong and consistent. Last week Lake Oswego had 12 properties come onto the market, 22 received accepted offers and go into pending status, and 13 closed sales.

I have the belief that the greatest strength in real estate at this time of year is that people are motivated. They are buying or selling because they truly want to. There is much to be thankful for, including our healthy real estate market.

Following is the breakdown for you according to RMLS:

New on the Market (Nov 6-12, 2017)

Address Type Price BR Baths Sq Ft
100 Kerr Pkwy #59 Condo $194,900 2 1.5 823
4 Touchstone #148 Condo $224,900 3 2.5 1351
204 Cervantes Condo $225,000 3 1.5 1138
16250 Pacific Hwy #47 Condo $225,000 2 1 1305
5061 Foothills Dr A Condo $309,500 2 2 991
21 Masaryk St Detached $615,000 4 2.5 2773
1661 Woodland Terrace Detached $625,000 3 2.5 3178
4910 Lower Dr Detached $675,000 3 2.5 2151
5303 Amberwood Ct Detached $999,999 3 2.5 3634
16987 Alder Circle Detached $1,095,000 2 2.5 1991
3485 Upper Dr Detached $1,169,000 4 2.5 $3,332
4726 Upper Dr Detached $1,499,000 4 3.5 3962

Pending Sales (Nov 6-12, 2017)

Address Type Price BR Baths Sq Ft CDOM
45 Eagle Crest Dr #415 Condo $199,500 2 1.5 1056 119
5225 Jean Rd #313 Condo $265,000 2 2 1200 63
88 Greenridge Ct #88 Attached $270,000 2 2 1314 24
4085 Jefferson Pkwy Condo $299,900 2 2.5 1302 60
17635 Deemar Way Detached $379,999 3 2 1488 172
17 Touchstone Detached $499,999 5 3 2569 70
13606 Blazer Trail Detached $525,000 4 2.5 2418 19
17323 Ashley Ct Attached $525,000 3 2.5 2117 0
5524 Langford Ln Detached $550,000 2 2 2038 44
18866 Indian Springs Circle Detached $619,900 3 3 2004 20
16 Bernini Ct Detached $620,900 4 3.5+.5 4642 22
18632 Deerbrush Ave Detached $624,900 3 2.5 1962 6
5418 Washington Ct Detached $679,900 3 2.5 2074 28
29 Del Prado St Detached $735,000 4 2 3037 7
2481 Marylshire Ln Detached $768,000 4 3.5 4091 241
4006 Canal Woods Ct Detached $775,000 5 3.5 3514 143
555 Atwater Rd Detached $799,000 5 3 4016 127
12750 Fielding Rd Detached $995,000 3 2 3018 41
18909 65th Ave Detached $1,050,000 4 2 4858 16
768 7th St Detached $1,300,000 4 3.5 2802 121
1940 Highlands Loop Detached $1,698,000 5 4.5+.5 4080 250
1000 Atwater Rd Detached $2,695,000 5 4.5+.5 6531 41

Sold/Closed (Nov 6-12, 2017)

Address Type List Price Sold Price Sq Ft CDOM
88 Cervantes Circle Condo $200,000 $197,000 912 5
16219 Bonaire Ave Detached $449,900 $421,000 1,594 101
13 Belmore Ave Detached $509,900 $457,500 1,844 69
1437 Greentree Circle Detached $624,900 $585,000 2400 96
655 8th St Detached $649,900 $610,000 1611 27
4361 Southshore Blvd Detached $695,000 $630,000 2406 54
5455 Langford Ln Detached $845,000 $820,000 3398 132
12808 Elk Rock Rd Detached $999,000 $887,500 3970 204
13526 Snowberry Ct Detached $905,000 $905,000 3,718 0
15476 Diamond Head Rd Detached $1,395,000 $950,000 3743 26
18639 Pilkington Rd Detached $1,400,000 $1,350,000 4148 118
16938 Alder Circle Detached $1,950,000 $1,750,000 3241 122
14050 Goodall Rd Detached $2,000,000 $2,000,000 6,714 0

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.

Thank You For Your Service

We here at the Property Blotter want to thank each and every one of those who have served and sacrificed for the ideals and freedom of this country we all love and call home.   

Market Activity ~ Oct 30- Nov 5, 2017

We’re humming right along. Last week saw 14 New properties enter the market in Lake Oswego, 19 move to Pending status, and 15 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 30-Nov 5, 2017)

Address List Price # Beds # Baths Total SF Prop Type
200 BURNHAM RD #300 $215,000 1 1 973 CONDO
14796 DAVIS LN $509,900 3 2.1 1964 TOWNHSE
5866 RIDGETOP CT $539,000 3 2 1866 DETACHD
17280 WESTVIEW DR $550,000 3 3 2324 DETACHD
17 FALSTAFF ST $599,000 4 3 2450 DETACHD
18632 DEERBRUSH AVE $624,900 3 2.1 1962 DETACHD
2401 MAYORS LN $699,999 3 3 3004 DETACHD
29 DEL PRADO ST $735,000 4 2 3037 DETACHD
17167 CEDAR RD $764,900 3 2 2673 DETACHD
2983 LAKEVIEW BLVD $799,000 3 2.1 2583 DETACHD
16101 PARELIUS CIR $1,165,000 4 3 3974 DETACHD
1505 COUNTRY CLUB RD $1,195,000 6 4.1 6043 DETACHD
768 7TH ST $1,300,000 4 3.1 2802 DETACHD
18320 RIVER EDGE LN $1,988,000 4 5 4608 DETACHD

PENDING SALES (Oct 30-Nov 5, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY #42 $189,500 2 1.1 822 CONDO 13
50 SW CERVANTES CIR $213,750 2 1.1 1368 CONDO 3
90 OSWEGO SMT/Upper $239,500 2 2 1140 CONDO 86
30 GREENRIDGE CT $335,000 2 1.1 1928 ATTACHD 100
16219 BONAIRE AVE $419,900 4 2 1594 DETACHD 101
5880 ROCKWOOD CT $450,000 3 2 1772 DETACHD 9
28 NORTHVIEW CT $525,000 2 3 2092 ATTACHD 85
3312 SABINA CT $570,000 3 2 1758 DETACHD 36
653 3RD ST $574,999 3 2 1522 DETACHD 1
1642 HIGHLAND DR $599,000 4 3 2234 DETACHD 111
17784 CARDINAL DR $599,900 4 3 2184 DETACHD 80
20 MORNINGVIEW CIR $610,000 3 2.1 2698 DETACHD 184
13422 AUBURN CT $625,000 3 2.1 2612 ATTACHD 32
12 SCARBOROUGH DR $639,900 4 2.1 2966 DETACHD 187
18410 DEERBRUSH AVE $645,000 4 2.1 2246 DETACHD 92
133 FURNACE ST/Upper $798,000 2 3 1927 CONDO 8
12750 FIELDING RD $995,000 3 2 3018 DETACHD 38
13597 ROGERS RD $1,179,000 4 4 3945 DETACHD 92
17502 BLUE HERON DR $2,195,000 5 3.1 4996 DETACHD 94

SOLD (Oct 30-Nov 5, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #49 $239,000 $235,000 2 2 1305 CONDO 9
480 S STATE ST $325,000 $292,000 3 2 1659 CONDO 200
5141 CENTERWOOD ST $425,000 $425,000 3 2 1539 DETACHD 0
100 LEONARD ST 4-2 $500,000 $458,750 3 2.1 2537 CONDO 65
12729 19TH AVE $549,900 $477,000 4 2 2700 DETACHD 120
800 WOODWAY CT $550,000 $492,000 4 3 2066 DETACHD 102
18906 KRISTI WAY $568,000 $540,000 3 2 1864 DETACHD 45
768 7TH ST $674,900 $550,000 3 2 1359 DETACHD 68
2 EL GRECO ST $649,000 $644,000 5 3 3057 DETACHD 6
19080 INDIAN SPRINGS CIR $685,000 $655,000 4 2 2406 DETACHD 217
4100 COLTSFOOT LN $775,000 $675,000 3 2.1 2840 DETACHD 77
14283 EDENBERRY DR $689,000 $689,000 3 2.1 2248 DETACHD 2
18462 PIONEER CT $724,900 $709,600 5 3 3804 DETACHD 2
19487 DOGWOOD CT $745,000 $730,000 5 3 3105 DETACHD 15
3623 EENA RD $999,900 $950,000 4 3.1 3422 DETACHD 217

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.