Lake Oswego Real Estate Market Activity – September 8-14, 2008

Jantzen Island on Lake OswegoThe past week featured just a handful of closed sales, but a healthy number of homes went sale pending.

Perhaps the most notable news is the appearance of a, yes it’s not a typo, $19,500,000 listing off Northshore Blvd. It’s actually a private island, the 1930 Jantzen Island estate, with 6 tax lots, 5 and a half acres, and over 13,000 sq. ft. living space between the main house and the guest house.

In addition to the mortgage, you will also need to come up with $97,000 per year in property taxes. Plug THAT into your Quicken budget…

Here is the latest market activity for Lake Oswego (see below the tables for additional notes):

NEWLY LISTED (September 8-14, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4644 LOWER DR
$136,900
2
1.1
1,170
CONDO
9/10
45 EAGLE CREST DR
$139,900
1
1
600
CONDO
9/9
16651 LAKE FOREST BLVD
$237,700
3
1
1,230
DETACHD
9/11
1685 MAPLELEAF RD
$378,000
3
2
1,433
DETACHD
9/10
5254 TIMBERGROVE ST
$399,500
4
2
1,854
DETACHD
9/11
918 LAKE FRONT RD
$424,999
2
1
921
DETACHD
9/8
7210 CHILDS RD
$429,000
3
2
1,542
DETACHD
9/7
1650 FIRCREST DR
$439,000
4
3
2,268
DETACHD
9/11
5324 LOWER DR
$449,900
3
2.1
2,034
DETACHD
9/10
1630 WOODLAND TER
$479,900
4
2
2,755
DETACHD
9/11
4191 CHAPMAN WAY
$487,500
4
2.1
2,610
DETACHD
9/11
438 ASH ST
$499,000
4
3
1,871
DETACHD
9/10
13242 VERMEER DR
$535,000
3
2.1
2,100
DETACHD
9/11
1413 OAK ST
$548,500
3
3
2,424
DETACHD
9/10
1545 CLOVERLEAF RD
$568,840
4
3.1
2,723
DETACHD
9/7
16695 GLENWOOD CT
$595,000
4
3
3,104
DETACHD
9/9
17443 SCHALIT WAY
$599,950
5
4
3,525
DETACHD
9/8
7190 CHILDS RD
$625,000
3
3
2,316
DETACHD
9/7
625 4TH ST
$679,000
4
2
1,700
DETACHD
9/10
18020 JENIFERS WAY
$699,000
4
2.1
2,600
DETACHD
9/7
19524 RIVER RUN DR
$715,000
4
2.1
2,630
DETACHD
9/10
49 BRIARWOOD RD
$860,000
3
2
2,182
DETACHD
9/9
2886 UPPER DR
$899,900
3
3
2,674
DETACHD
9/13
4103 CASEY CT
$969,900
4
3.1
3,507
DETACHD
9/9
5525 RACHEL LN
$975,000
4
2.1
3,200
DETACHD
9/7
17997 BRAEDEN CT
$989,000
4
2.1
3,300
DETACHD
9/7
5513 RACHEL LN
$989,000
4
2.1
3,149
DETACHD
9/7
3140 DOUGLAS CIR
$1,429,900
4
3.1
4,310
DETACHD
9/13
1850 NORTHSHORE RD
$19,500,000
5
6.2
13,500
DETACHD
9/7

PENDING SALES (September 8-14, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
200 BURNHAM RD
$268,850
2
2
1,328
CONDO
355
82 GREENRIDGE CT
$269,900
3
2.1
2,868
ATTACHD
63
39 ORIOLE LN
$299,900
2
1.1
1,310
DETACHD
206
1764 CONIFER DR
$319,000
3
1
1,200
DETACHD
82
100 LEONARD ST
$350,000
2
2
1,320
CONDO
128
14300 CAMDEN LN
$480,000
4
2.1
2,346
DETACHD
162
5475 Willow Court
$495,000
3
2.1
2,438
ATTACHD
17577 BLUE HERON CT
$539,000
5
3
2,980
DETACHD
132
2435 PARK RD
$564,900
4
3
2,940
DETACHD
261
4102 CHAD DR
$673,850
4
2.1
3,054
DETACHD
103
569 7TH ST
$674,900
5
4
3,186
DETACHD
466
14027 CHELSEA DR
$699,000
4
2.1
3,092
DETACHD
301
1420 MORNING SKY CT
$929,000
4
3.1
3,578
DETACHD
50
14381 FOSBERG RD
$1,199,000
4
3.1
4,900
DETACHD
46
16852 ALDER CIR
$1,950,000
4
3.1
2,873
DETACHD
11

SOLD (September 1-7, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
915 OAK TER
$395,000
$350,000
3
1
1,082
DETACHD
18
2955 WEMBLEY PARK RD
$499,000
$385,000
4
2
2,620
DETACHD
140
1511 WOODLAND TER
$735,000
$435,000
5
2.1
3,439
DETACHD
744
14167 TAYLORS CREST LN
$767,500
$600,000
3
2.1
3,675
DETACHD
335
144 MIDDLECREST RD
$1,495,000
$792,450
3
2.1
4,392
DETACHD
512

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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