What’s in a Name?

A bit of trivia about the Property Blotter. Linda and I started our blog many years ago. Blogging was new to real estate and we had the good fortune of working with someone who was in the know about how to do it. Ron Ares, the son of our principal broker was a new agent who was interviewed by the New York Times because of the blog he had for Portland real estate. I was like “What?!” At that point I had a couple of decades in the business and realized that the power of the blog was pretty incredible for the recognition that Ron got as a result of his efforts. So Linda and I were on board.

Then it was time to choose a name. We knew we wanted to have a name that was uniquely LO. We brainstormed lots of options and came up with the Property Blotter. The name comes from the Police Blotter that was published weekly in the Lake Oswego Review. The Lake Oswego Police have 100% response policy. If you call them, they show up. The police calls are then reported in the local newspaper. What they respond to can be pretty funny. So the local blotter has been a source of local entertainment for many years.

Here is a sampling of what was reported in the August 12th edition of the LO Review:

7/31 9:43 A.M.

A dead squirrel was seen near the 18400 block of Deerbrush Avenue

7/31 12:54 P.M.

A man was seen laying sideways on a step near Boones Ferry Road and Kruse Way Place

7/31 1:19 P.M.

A caller believed someone was selling dogs our of cages in a truck near the 40 block of McNary Parkway. It turned out to be a part of an adoption program.

7/31 9:34 P.M.

Someone was seen walking in the middle of the street near SW Lesser Road and Jefferson Parkway

8/1 7:00 P. M.

A resident said she was being followed by two people at a store near the 90 block of B Avenue. Police made sure she got home safely. (I love this one. Who doesn’t want a police escort if you feel unsafe?)

8/2 12:55 A.M.

Intermittent “constuction-type noises” were heard near the 1000 block of Westward Ho Road

As you can see, it can be amusing. There is actually a book that was written about the blotter. It’s a good read that I highly recommend.

I feel very fortunate to live in a community with relatively low crime and whose police department is 100% there to serve and protect. It’s one of the many things I value in my community.

My best to you,


Market Activity August 30-September 5, 2021

This is the time of year, as school starts, when the market typically starts to let off the gas a bit. I just don’t see that happening. Last week in LO we had 10 new listings, 32 properties (!) move into pending status, and 32 closed/sold. We are winding down the summer in an all steam ahead fashion.

See below for RMLS data.

New Listings Aug 30-Sept 5, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #157Condo$224,90022984
200 Burnham Rd #402Condo$355,000221305
750 1st St E27Condo$615,900221350
6472 Dawn StDetached$695,000321032
4848 Lower DrDetached$822,000432531
658 Boca Ratan DrDetached$967,00043.53593
17001 Westview DrDetached$968,500322005
16164 Parker Rd #1Detached$1,395,000543257
548 4th StAttached$1,524,90034.53186
1913 Cheryl CtDetached$1,895,00044.55341

Pending Sales Aug 30-Sept 5, 2021

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy #31Condo$185,000116175
100 Kerr Pkwy #43Condo$214,9002282341
96 Cervantes CircleCondo$230,00021.59127
36 Crestfield CtCondo$279,900219213
4000 Carman Dr E70Condo$299,900229743
4652 Lower DrCondo$350,00021.511704
5101 Jean RdCondo$475,0003110125
16691 Bonaire AveDetached$499,9003111103
4528 Lower DrCondo$525,00032.517869
8 Bolivar StDetached$640,0002221492
16 Walking Woods DrDetached$649,00032.5289711
14 Preakness CtAttached$669,00022.521906
3065 Royce WayDetached$750,00042.5272646
15509 Partridge DrDetached$789,9004322993
4545 Black Forest CtDetached$799,00042.521682
759 Timberline DrDetached$835,00043292870
19431 Kokanee CtDetached$849,90042.522144
17994 Saint Clair DrDetached$900,00052.539163
920 York RdDetached$985,0004320262
2936 SW Orchard Hill PlDetached$989,00042.5408961
4261 Cobb WayDetached$1,089,0004323621
13536 Streamside DrDetached$1,150,00043.530337
15776 Inverurie RdDetached$1,299,00032235249
14495 Pfeifer DrDetached$1,299,90043394421
1687 Village Park LnDetached$1,399,00043336274
4721 Firwood RdDetached$1,425,0004332360
4531 West RdDetached$1,429,00033.5392654
16650 Fir LnDetached$1,898,00043.538608
940 Upper Devon LnDetached$1,945,00043.5484859
929 Cumberland RdDetached$2,495,00056.551293
1199 Fairway RdDetached$3,498,00044.5+.5552733
259 Pine Valley RdDetached$4,000,00044.546400

Sold/Closed Aug 30-Sept 5, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Toushstone #69Condo$220,000$220,000135133
3433 McNary Pkwy #302Condo$285,000$265,0001,20812
5058 Foothills Dr ACondo$420,000$418,00012528
1 Peacock PlDetached$529,000$500,000133630
17500 Pilkington RdDetached$460,000$500,00010508
17 Aquinas StDetached$599,900$660,00021396
13198 Peters RdDetached$695,000$677,750263029
605 7th StDetached$775,000$750,00020353
4 Sherwood CtDetached$825,000$757,000287016
16901 Lakeridge DrDetached$724,000$762,50020803
1033 Spruce STDetached$765,000$775,0001,6634
18260 Indian Creek DrDetached$759,000$790,000208211
17730 Marylbrook DrDetached$850,000$840,000295114
17211 Robb PlDetached$790,000$840,00020855
491 Country Club RdDetached$865,000$850,000248697
14121 Redwood CtDetached$696,900$867,500282724
4987 Bilford LnDetached$799,900$890,00023025
19531 River Run DrDetached$899,900$975,00024405
13060 SW Elk Rock RdDetached$1,178,000$1,100,00036819
13207 Deerfield CtDetached$1,175,000$1,125,000380135
17543 Lake Haven DrDetached$1,185,000$1,125,00023339
12730 Adrian CtDetached$1,295,000$1,178,000301424
5428 Royal Oaks DrDetached$1,200,000$1,200,00049947
151 3rd St #1Condo$1,499,000$1,475,000327837
2805 Southshore BlvdDetached$1,300,000$1,553,05026233
3155 Upper DrDetached$1,599,900$1,720,00032971
2165 Ridge Point DrDetached$2,100,000$1,828,000474929
2572 Glen Eagles PlDetached$2,595,000$2,300,0006532107
18000 Eastridge LnDetached$2,495,000$2,495,00056106
17575 S Crestline DrDetached$3,500,000$2,925,000749648
3328 Lakeview BlvdDetached$6,398,000$6,175,000667518
4210 Virginia WayDetached$1,549,000$1,365,000350858

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.

EcoHome LO

The City of Lake Oswego is starting a brand new program to help residents learn to live a more sustainable life by reducing their carbon footprint, engaging as good citizens, and recycling. At www.lakeoswego.city/ecohomelo you can sign up to partcipate and learn details of the program.

The program is administered on line. You’ll find check lists that address:

Reduce Reuse and Recycle

Energy Conservation

Water Conservation


Social Equity

Ecological Conservation

Civic Engagement

Emergency Preparedness

Construction & Renovation

Apartments and Rental Housing

& Encouraging Others to Participate

Upon accomplishng a preset number of goals, the house will be awarded a lawn sign that states that it is an EcoHome.

I suspect that we will start to see these signs popping up in our neighborhoods, and now you know what they are all about. I also think it’s a terrific program because of what it encourages, but also because it is so comprehensive.

As always, thanks for reading the blotter,


Market Activity August 16-22, 2021

It is certainly feeling like the dog days of summer. Numbers in Lake Oswego were down last week. Still healthy, but not quite as frantic as it was just a couple of weeks ago. We had 12 houses come onto the market, 26 move into pending status, and 16 closed/sold properties.

See below for RMLS details.

New on the market August 16-22, 2021

AddressTypePriceBRBathsSq Ft
44 Eagle Crest Dr #9Condo$255,00021908
53 Galen StCondo$264,90022989
4 Condolea DrCondo$439,000221312
4429 Thunder Vista LnCondo$479,90022.52002
16 Walking Woods DrDetached$649,00032.52897
5911 Carman DrDetached$695,800321400
23 TouchstoneDetached$924,900543169
1500 Morning Sky CtDetached$1,178,00053.54402
5349 Carman Grove LnDetached$1,298,000432903
572 4th StAttached$1,595,00034.53364
3411 Lake Grove AveDetached$1,675,00043.54434
15508 Diamond Head RdDetached$3,480,000343900

Pending sales August 16-22, 2021

AddressTypePriceBRBathsSq FtCDOM
108 Oswego SummitCondo$199,900117645
3433 McNary Pkwy #211Condo$255,0002210082
3433 McNary Pkwy #302Condo$265,00022.5120812
12 Oswego SummitCondo$290,00022114041
3886 Botticelli StCondo$315,00021.5113220
422 S State StCondo$324,99721165947
162 Oswego SummitCondo$399,00022150648
1589 Boca Ratan DrAttached$460,00032161119
448 5th StCondo$468,00021.510924
1700 Bonniebrae DrAttached$469,6983317396
38 Briarwood RdDetached$599,90062.5+.525546
16885 Fernwood DrDetached$639,50032162453
19 Da Vinci StDetached$650,0003218746
26 Briarwood RdDetached$665,00043.525548
17621 Arbor LnDetached$685,0003221204
680 Tippecanoe CtDetached$719,90042.519005
13366 Auburn CtAttached$750,00032.5249211
6666 Childs RdDetached$750,0003124088
1033 Spruce StDetached$765,00032.516634
15580 Partridge DrDetached$780,00032.522450
15964 White Oaks DrDetached$900,00042.5301516
511 Weidman CtDetached$995,00042.536525
5590 Luce LnDetached$995,00054353015
13366 Boones Ferry RdDetached$1,095,00042.535895
2011 Ridgewood LnDetached$1,100,00053.5311575
950 Schukarat LnDetached$1,468,00042.534344

Sold/closed August 16-22, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #74Condo$235,000$215,00013518
86 Kingsgate Rd G101Condo$265,000$299,9508402
200 Burnham Rd #305Condo$340,000$345,00013051
4141 Cobb WayDetached$485,000$450,000123718
5071 Tualata LnDetached$705,000$640,000154051
4932 Mulholland DrAttached$698,000$688,000249854
4 Pimlico TerraceDetached$690,000$720,00021003
1620 Ash StDetached$720,000$744,00022254
5101 Rosewood StDetached$665,000$768,00017364
720 8th StDetached$899,000$899,000149830
1724 Fern PlDetached$950,000$925,0002,16021
18320 Delenka LnDetached$1,115,000$975,550451967
1520 Eastview CtDetached$963,000$980,00037894
19395 Hill Top RdDetached$1,575,000$1,650,00047884
1334 Maple StDetached$1,575,000$2,100,00036606
1745 Southshore BlvdDetached$3,495,000$2,600,0005545128

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.

Trends from the 2021 Street of Dreams

As you saw from last week’s post that Linda wrote, she and I attended the Street of Dreams. Running until August 22nd, it is currently happening in Happy Valley on the East side of the metro area.

When I go through the street of dreams, I like to look for trends. What we see at the Street of Dreams, we also start to see in new construction and in remodeling.

This year’s event was entirely different because they have two locations. On location has million dollar homes and high-end finishes. The other location has homes that are $500,000 to the low $600’s. The trends I am going to talk about here are from the more expensive houses.

Beamed ceilings

I’ve always liked the look of beamed ceilings. They just make a house feel more substantial. I did find my self questioning how structural they actually are. Or if they are simply decorative. In any case, I like this trend.

Outdoor living areas

The outdoor living areas in the 3 expensive houses are just gorgeous. I feel like every home, even condos and apartments, should have nice outdoor spaces to relax and socialize. All of the areas on these homes had fireplaces, plenty of room for seating, and usually kitchen equipment like BBQs, sinks, and refrigerators. They are lovely.

Lots of gray and white

The gray is a deep, dark, gun-metal shade. It was painted over entire rooms, used for kitchen cabinets, and for built-ins. It’s a classic shade. It goes well with pops of color of pretty much any shade that you like, but it is mostly paired with white. I feel like this is a color that you could live with and enjoy for many, many years. While being a trend, it’s a timeless one.

Chunky light fixtures

The last Street of Dreams I attended, in 2019, the light fixtures were also a stand out. At that event they seemed very stream-lined and modern looking. At this year’s event, they’re just the opposite. I’m not so sure I like this trend. Frankly, the fixture posted here looks like a fire hazard.

The housing village

I actually think that this was my favorite part of the show. Made with at least 2, and possibly 3, shipping containers, it just looks like a brilliant solution for our housing shortage. The main container has a very nice bathroom, kitchen, dining area, and small living room. This structure also had 2 bedrooms. Then a second structure, that is clearly a full shipping container, had 3 bedrooms, each with it’s own entrance. Having your own bedroom/living space allows some autonomy. I don’t know the cost of contruction, but I imagine it’s substantially less than traditional construction. Brilliant.

Pleasant Valley Village

The 3 houses featured at the second location are much more affordable. Priced in the 500 and 600 thousand range, these houses will sell quickly. I really like the idea of having the two price ranges. It is the Street of Dreams, and for nearly everyone, the dream is of owning a home. While the expensive homes are fun to look at, they are way outside of most people’s budgets. So having some affordable homes is a great idea. Having said that, I do wish there had been more than one builder represented. The 3 houses that are on the tour are all built by Holt Homes. They are essentially the model homes for a new subdivision. It felt a bit like just one huge advertisement for this builder.

I hope you have the ability to check out this year’s street of dreams. For more information, click here.

As always, thank you for reading The Blotter.


Market Activity Aug 2-8, 2021

The market in LO is still red hot. A few weeks ago, right around July 4th, it felt like it may have slowed down a tad. Last weeks rush of new listings (20), pending sales (36!), and sold/closed properties (29) has proved that tad of a slow down was just July 4th distractions.

See below for RMLS data.

New Listings Aug 2-8, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #74Condo$235,00032.51351
3433 McNary Pkwy #302Condo$285,00022.51208
239 CervantesCondo$399,000221208
12848 Boones Ferry RdCondo$425,00022.51182
12826 Boones Ferry RdCondo$445,00022.51182
1700 Bonniebrae DrAttached$469,698331739
41 Oriole LnDetached$500,000221564
17830 Tualata AveDetached$595,000321373
17 Aquinas StDetached$599,900322139
19 Da Vinci StDetached$650,000321874
13366 Auburn CtAttached$750,00032.52492
16904 Cherry Crest AveDetached$759,000322167
1405 Greentree CircleDetached$775,00042.52146
48 SpinosaDetached$799,90043.52848
16750 Phantom Bluff CtDetached$899,000332267
5590 Luce LnDetached$995,000543530
3001 Southshore BlvdDetached$1,298,00032.53201
2950 Greentree RdDetached$1,495,00043.53691
1051 Forest Meadows WayDetached$4,149,00043.53691
12790 S Fielding RdDetached$5,600,00067.59124

Pending sales Aug 2-8, 2021

AddressTypePriceBRBathsSq FtCDOM
4 Touchstone #62Condo$204,95032.5135146
4 Cervantes CircleCondo$240,00021.591247
12 Cervantes CircleCondo$250,00021.59123
3886 Botticelli StCondo$315,00021.511324
482 S State St 3BCondo$374,00021165965
1 Peacock PlDetached$509,00032.5133630
4980 Galen StAttached$589,00022.5155228
4241 Cobb WayDetached$599,9503214848
1672 Highland DrDetached$699,9004218674
1620 Ash StDetached$720,0003222254
12 Morningview LnAttached$730,00032.527184
49 Da Vinci StDetached$739,00032235126
5466 Bay Creek DrDetached$789,0003325354
4 Sherwood CtDetached$795,00042.5287016
1580 Woodland TerDetached$835,00032.524304
18360 Tualata AveDetached$845,00052.527032
491 Country Club RdDetached$865,00042248683
14121 Redwood TerDetached$885,00043.5282724
19531 River Run DrDetached$899,90042.524405
15 El Greco StDetached$949,0004333284
1739 Palisades Terrace DrDetached$995,00042.5365411
14071 Sundeleaf DrDetached$999,0005326243
14002 Chelsea DrDetached$1,195,00042.5354732
127230 Adrian CtDetached$1,195,00042.5301424
5428 Royal Oaks DrDetached$1,200,00063.549947
14360 Uplands DrDetached$1,230,00043.5+.525775
17467 Westview DrDetached$1,275,00043.541194
2442 Palisades Crest DrDetached$1,598,00042.530714
3155 Upper DrDetached$1,599,0004332971
2165 Ridge Pointe DrDetached$1,995,00054474929
4480 Upper DrDetached$2,000,00043.534970
855 G AveDetached$2,000,00032.5371017
14500 Uplands DrDetached$2,495,00054.5+.5554474
1745 Southshore BlvdDetached$3,099,00044.55545128
1889 Highlands LoopDetached$5,499,00056.5683220
3328 Lakeview BlvdDetached$6,398,00045.5667518

Sold/Closed Aug 2-8, 2021

AddressTypeList PriceSold PriceSq FtCDOM
44 Eagle Crest Dr #1Condo$230,000$247,0009082
45 Eagle Crest Dr #409Condo$249,900$249,9001,2145
3882 Botticelli StCondo$289,000$287,000122420
5061 Foothills Dr CCondo$335,000$335,0009918
1509 Bonniebrae DrAttached$482,900$507,00017396
4222 Woodside CircleAttached$450,000$550,00015785
17850 Pilkington RdDetached$750,000$625,000322279
5051 Tualata LnDetached$714,900$640,000158137
6545 Childs RdDetached$600,000$650,00031341
186 D AveAttached$650,000$675,00016377
6227 Wayzata CtDetached$699,999$675,0001,2327
18426 Sandpiper WayDetached$688,000$705,00018845
3 SpinosaDetached$755,000$750,000261523
16921 Kara LnDetached$750,000$758,00023825
17802 Hillside WayDetached$838,000$790,000302623
2440 Overlook DrDetached$879,900$825,000385015
4099 Coltsfoot LnDetached$840,000$827,000316915
5675 Victoria CtDetached$825,000$885,00025634
2895 Suncreek DrDetached$749,000$910,00023795
17 Westridge DrDetached$875,000$935,000353311
19310 Riverwood LnDetached$999,000$1,092,00031921
17649 Woodhurst PlDetached$1,198,000$1,120,0003192103
2929 Glen Eagles RdDetached$1,100,000$1,300,00025274
13700 Knaus RdDetached$1,245,000$1,310,00026547
915 Cedar StDetached$1,550,000$1,520,00032193
4440 Upper DrDetached$1,899,000$1,850,000358342
18783 Stafford RdDetached$2,295,000$1,875,000147
197 Egan WayDetached$2,198,000$2,095,150676164
3183 Douglas CircleDetached$3,450,000$3,450,00055950

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

What’s a condo? What’s a townhouse?

I think that when people think of condos and townhouses they are usually thinking of a style of construction. Townhouses are usually side-by-side without a neighbor above or below. Yes, that is common with townhouses, but there is more to it than that.

With a townhouse, you own the land below. Different home owner’s associations have different binding terms, but as a generalization, the HOA will take care of exterior mainenance and maintence of the common areas. But you usually have a small yard that you get to landscape and maintain. This also means that if something goes wrong in the crawlspace below , the homeowner is responsible. It also means that the home owner takes care of the plumbing even after it leaves the house.

With condominiums you don’t personally own the land beneath your home. Instead your home owner’s association owns it. You own the interior walls, and your HOA owns the exterior walls. It also owns and is responsible for plumbing once it leaves your unit. So with a condo, the HOA takes on more responsibilites.

How do you know the difference? It should be properly represented in the marketing, but if it’s a condo, it’s also in the legal description.

Both types of real estate have home owner’s associaitons. When you buy either a condo or a townhouse you need to thoroughly inspect the home owner’s association. You want to get copies of their rules and regulations, conditions covenants and restrictions, the reserve study (to show that they are properly saving for big ticket repair items likes roofs and windows) and get the last 12 months of the HOA meeting notes. If something is up, they should be talking about it.

So that’s a little real estate 101. As always, thanks for reading the blotter!


Market Activity Report July 19-25, 2021

There is a lot of speculation amung Realtors that the market may be starting to slow down just a bit. The last time I did this report, I was speculating that myself. With this weeks report I have to say that it is not happening, at least not right now.

Lake week in Lake Oswego there were 14 new listings, 27 properties that went into pending status, and 26 sold/closed properties. The market is still favoring sellers with most properties selling quickly at or above the list price.

See below for RMLS details.

New on the Market July 19-25, 2021

AddressTypePriceBRBathsSq Ft
4 Touchstone #66Condo$205,00032.51351
100 Kerr Pkwy #43Condo$214,90022823
44 Eagle Crest Dr #20Condo$230,00021908
5058 Foothills Dr ACondo$420,000321252
17500 Pilkington RdDetached$460,000211050
4939 Hampton CtDetached$919,90052.52971
17151 Wall StDetached$1,150,000644141
17543 Lake Haven DrDetached$1,185,00042.52333
503 Laurel StDetached$1,550,00043.52917
2167 Wembley Park RdDetached$1,750,00043.54015
855 G AveDetached$2,000,00032.53710
1889 Highlands LoopDetached$5,499,00056.56832
3328 Lakeview BlvdDetached$6,398,00045.56675
16767 Graef CircleDetached$3,499,00044.54222

Pending Sales July 19-25, 2021

AddressTypePriceBRBathsSq FtCDOM
200 CervantesCondo$289,00031.5113811
200 Burnham Rd #305Condo$340,0002213051
43 Greenridge CtAttached$399,90031.5+.5165265
4222 Woodside DrAttached$450,0003215785
1509 Bonniebrae DrAttached$482,90032.517396
1672 Lake Front RdDetached$650,0003217685
16901 Lakeridge DrDetached$729,0004320803
49 Da Vinci StDetached$739,00032235112
5895 Suncreek DrDetached$749,0004223795
18260 Indian Creek DrDetached$759,00032208211
17268 Fernwood DrDetached$765,00032.5208658
18571 Waxwing WayDetached$810,00042.5208119
1430 Larch StDetached$815,0003313127
17730 Marylbrook DrDetached$850,00032.5295114
7 Mountain View LnDetached$850,00052.5332448
17 Westridge DrDetached$875,00043.5+.5353311
125 Furnace StCondo$995,00022.519274
4222 Cobb WayDetached$1,089,00043224315
13207 Deerfield CtDetached$1,175,00043.5380135
12817 Adrian CtDetached$1,298,00042.531323
2805 Southshore BlvdDetached$1,300,00022.526233
4723 Lamont WayDetached$1,400,00043.530585
1978 Egan WayDetached$1,998,00045.5+.5676164
1334 Maple StDetached$2,100,00043.536606
18000 Eastridge LnDetached$2,495,00044.556106
17575 S Crestline DrDetached$2,995,00054.5+.5749648
1226 Northshore RdDetached$6,499,00045.5633045

Sold/Closed July 19-25, 2021

AddressTypeList PriceSold PriceSq FtCDOM
16250 Pacific Hwy #48Condo$345,000$343,50013065
1600 Boca Ratan DrAttached$390,775$390,7759980
15438 Stephanie CtAttached$469,980$470,00016276
5221 Tualata LnDetached$550,000$588,05014914
1033 Obrien StDetached$600,000$608,00014162
5357 Lakeview BlvdDetached$649,900$640,00018944
4124 Harvey WayDetached$649,900$649,900141022
9 Falstaff StDetached$759,000$705,000243651
13431 Vermeer DrDetached$750,000$790,00027017
1588 Cherry LnDetached$749,900$803,00020013
5760 Meridian CtDetached$850,000$880,0002,5045
15518 Heritage CtDetached$820,000$950,00028854
17904 Cardinal PlDetached$949,000$950,00018405
5697 Charles CircleDetached$950,000$967,00032684
16972 Greentree AveDetached$1,100,000$1,100,000281213
1255 Bickner StDetached$1,235,000$1,205,000276494
17911 Hillside DrDetached$1,200,000$1,208,30436355
15136 Glen Eagles CtDetached$1,200,000$1,235,00026074
14511 Pfeifer DrDetached$1,250,000$1,375,00034226
4390 Sunset DrDetached$1,399,000$1,427,00030351
16200 Waluga DrDetached$1,450,000$1,550,00033754
3140 Douglas CircleDetached$1,799,971$1,744,00043335
149 Furnace St #25Condo$1,795,000$1,785,00039546
3250 Upper DrDetached$1,875,000$1,950,00040581
168 Pine Valley RdDetached$1,995,000$2,100,00049067
13700 Fielding RdDetached$4,996,000$4,998,00058023

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.

Middle Housing

A law was passed by the State of Oregon in 2019 that is going to have a huge impact on neighborhoods throughout the state. House Bill 2001 pretty much out lawed single-family-residential housing. The law applies to any town with a population of more than 10,000 people, thus, it very much affects Lake Oswego.

What this law does is mandate that neighborhoods that currently have single family housing must allow the construction of duplexes, triplexes, quadplexes, townhouses, cottage clusters and accessory dwelling units.

There is an affordable housing crisis in our state and I completely understand the logic behind this law. When I look for the positive outcomes it will create, I think about people who want to build a dwelling for aging parents. I think of people who would benefit from some rental income. I think of people who need a place to live and simply can not afford the current rents or are not in a poslition to buy. This law will have quite a few positive benefits.

But I also think about what our neighborhoods currentlly look like. How will I feel if a duplex gets built next door? I hope I’ll feel ok, but, being honest, I’m just not sure. This law will have to come into affect and play out before I’ll know how I truly feel.

The City of Lake Oswego is approaching this change in a two phase process. The first phase has been completed. The city reveiwed current neighborhood plans and development codes, created and received results of a community-wide survey, and met with neighborhood association chairs to understand neighborhood characteristics and what communities value most.

The second phase is happening now. The city is exploring options for potential code changes and getting advice from a committee that has been formed. This committee was appointed by the city council and is called the Middle Housing Code Advisory Committee. They are meeting between now and the end of September. After they provide advice to the city council, the city will seek further feedback from neighborhood associaitons and the broader community.

For more information visit www.lakeoswego.city/planning or contact Eric Olson, Senior Planner, at eolson@lakeoswego.city or 503-697-6524.

There’s nothing so certain as change, that’s for sure.


Market Activity July 5-11, 2021

Last weeks market activity appears to have been more balanced with 19 new listings, 18 pending sales, and 23 closed/sold properties. The fact that the pending numbers were fewer than the new listings my have been a result of the July 4th holiday. It’s too soon to know if this is some sort of trend.

See below for RMLS data.

New on the market July 5-11, 2021

AddressTypePriceBRBathsSq Ft
200 CervantesCondo$289,00031.51138
12 Oswego SummitCondo$300,000221140
1 Peacock PlDetached$529,00032.51336
4980 Galen StAttached$589,00022.51552
18811 Reao CtDetached$639,90032.51916
6227 Wayzata CtDetached$649,99931.51232
15115 Quarry RdDetached$650,000432865
49 Da Vinci StDetached$739,000322351
18260 Indian Creek DrDetached$759,000322082
17730 Marylbrook DrDetached$850,00032.52951
4222 Cobb WayDetached$1,089,000432243
1739 Palisades Terrace DrDetached$1,095,00042.53654
1776 Oak StDetached$1,550,00043.54012
4531 West RdDetached$1,595,00033.53926
2165 Rodge Pointe DrDetached$2,100,000544749
1626 Englewood DrDetached$2,495,00042.5+.55581
13700 Fielding RdDetached$4,998,00054.5+.55802
14390 Uplands DrDetached$5,399,00044.57839
2470 Summit CtDetached$5,498,00043.5+.57180

Pending sales July 5-11, 2021

AddressTypePriceBRBathsSq FtCDOM
47 Eagle Crest Dr #54Condo$180,0001167237
42 Cervantes Circle 4BCondo$250,00021.59128
86 Kingsgate Rd G101Condo$265,000228402
1367 Bonniebrae DrAttached$399,00021.510082
186 D AveAttached$650,00032.516377
5071 Tualata LnDetached$675,00033154051
18426 Sandpiper WayDetached$688,0004318845
5051 Tualata LnDetached$695,00042158137
217 Hidalgo StDetached$749,90032.5431237
32 Morningview CircleDetached$750,00032.527187
537 Country Club RdDetached$775,00032190193
4099 Coltsfoot LnDetached$830,00052.5314915
2440 Overlook DrDetached$839,90043385015
1503 Pine StDetached$875,0004328424
1724 Fern PlDetached$950,00033216021
12723 Adrian CtDetached$1,098,0004331904
915 Cedar StDetached$1,550,00043.532193
2254 Knaus RdDetached$3,950,00045.5743611

Closed/sold properties July 5-11, 2021

AddressTypeList PriceSold PriceSq FtCDOM
4619 Lakeview BlvdCondo$200,000$205,0007538
4 Touchstone #68Condo$219,000$245,00098458
4 Touchstone #124Condo$239,000$245,500135122
4000 Carman Dr B27Condo$269,000$300,0008692
103 Kingsgate RdDetached$525,000$525,00013525
1 Eagle Crest DrDetached$549,000$610,00012904
2710 SW Orchard Hill LnDetached$611,900$656,00020874
830 Laurel StDetached$645,000$685,00014003
20 Preakness CtAttached$625,000$700,00017905
14307 Camden LnDetached$719,000$740,00019320
2604 Glen Haven RdDetached$729,900$799,0002,1043
17310 Canyon DrDetached$750,000$805,0002716$3
18768 Wood Duck StDetached$925,000$965,00030164
1455 Nelson CtDetached$835,000$975,00022102
1585 Patton RdDetached$915,000$1,025,00033313
4137 Orchard WayDetached$975,000$1,052,00036802
3250 Westview CtDetached$1,200,000$1,161,0003928235
4379 Snowbrush CtDetached$1,050,000$1,161,00035962
640 9th StDetached$1,450,000$1,450,00033215
858 10th StDetached$1,650,000$1,650,00024106
1475 Chandler RdDetached$3,200,000$3,150,00045150
3230 Upper DrDetached$3,300,000$3,300,00053380
1190 Fairway RdDetached$5,495,000$5,200,00058559

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.