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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Market Activity Oct 23-29, 2017

There was a bit of a shift in the numbers last week. Just 11 new listings came onto the market but a surge in pending sales to 24, and in closed sales to 21, is a clear picture of the coming holidays. Lots of people planning to get into their new homes before festivities get into full swing. It is a great time to sell your house with lower inventory and strong, serious demand.

Following is the breakdown for you according to RMLS:

New on the Market (Oct 23-29, 2017)

Address Type Price BR Baths Sq Ft
668 McVey Ave Condo $149,900 2 1.5 976
3 Mountain Circle Attached $439,000 3 2 1464
5880 Rockwood Ct Detached $450,000 3 2 1772
14332 Sherbrook Pl Detached $450,500 3 2.5 1770
56 Condolea Ter Condo $575,000 3 2.5 2958
13758 Regency Ct Detached $614,000 3 2.5 1986
559 Sunny Hill Dr Detached $629,500 4 2.5 2450
6073 Carman Dr Detached $775,000 3 2.5 2751
18909 65th Ave Detached $1,050,000 4 2 4858
13707 Fielding Rd Detached $1,295,000 4 3 3337
3919 Southshore Blvd Detached $1,899,000 4 3.5 $4,150

Pending Sales (Oct 23-29, 2017)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #8 Condo $175,000 2 1 932 101
4000 Carman Dr C45 Condo $180,000 1 1 767 4
200 Burnham Rd #303 Condo $220,000 2 1 1199 53
54 Galen St #54 Condo $239,900 2 2 995 4
100 Leonard St 2-1 Condo $429,000 2 2 1364 24
5907 Kenny St Detached $450,000 3 2 1300 12
1675 Hallinan St Detached $465,000 3 2.5 2450 84
100 Leonard St 2-2 Condo $525,000 2 2 1676 79
19240 Maree Ct Detached $525,000 3 2.5 1964 2
4954 Bilford Ln Detached $575,000 2 2 1890 46
9 Falstaff St Detached $577,000 4 2.5 2436 217
19180 Indian Creek Ave Detached $599,900 4 3 2392 7
13422 Vermeer Dr Detached $619,000 4 3 2682 29
2033 Ridgewood Rd Detached $674,000 4 2.5 2668 451
17519 Brookhurst Dr Detached $824,900 4 4 3758 46
5406 Langford Ln Detached $845,000 3 2.5 3415 5
5349 Carman Grove Ln Detached $869,900 4 3 2847 189
13845 Amberwood Circle Detached $885,000 4 2.5 3277 70
6615 McEwan Rd Detached $928,000 4 1.5 1492 2
1011 Lake Shore Rd Detached $1,195,000 3 3 2820 69
13593 Westlake Dr Detached $1,350,000 4 3.5 4172 73
610 4th St Detached $1,525,000 4 2.5 3394 49
1000 Atwater Rd Detached $2,695,000 5 4.5+.5 6531 21
1495 Oak Terrace Detached $2,795,000 4 4 3983 86

Sold/Closed (Oct 23-29, 2017)

Address Type List Price Sold Price Sq Ft CDOM
45 Eagle Crest Dr #220 Condo $210,000 $210,000 768 10
57 Church St Condo $214,900 $226,000 636 5
58 Oswego Summit Condo $238,500 $232,000 1,212 57
562 S State St Condo $259,000 $259,000 778 17
5495 Tree St Detached $459,900 $399,500 1388 51
17710 Hill Way Detached $429,900 $417,000 1637 42
7 Saint Helens Circle Detached $400,000 $420,000 1275 3
574 2nd St Attached $479,000 $465,000 1394 51
9 Becket St Detached $489,900 $478,900 3,115 5
13188 Vermeer Dr Detached $495,000 $486,500 1854 19
1931 Kilkenny Rd Detached $535,000 $500,000 2411 68
16580 Maple Circle Detached $585,000 $515,000 2059 67
6236 Wayzata Ct Detached $639,000 $589,000 2,752 107
320 Berwick Rd Detached $775,000 $775,000 2780 0
5665 Grand Oaks Dr Detached $899,000 $905,900 4226 9
456 Lake Bay Ct Detached $945,000 $975,000 2393 2
547 Middlecrest Rd Detached $1,098,000 $1,100,000 1888 55
915 Skyland Dr Detached $1,590,000 $1,275,000 7072 204
2757 Glen Haven Rd Detached $1,590,000 $1,590,000 4604 85
4256 Lakeview Blvd Detached $1,700,000 $1,700,000 3117 103
853 G Ave Detached $1,800,000 $1,900,260 4423 18

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 ~ Sept 2017 Data

Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture below:

  • According to the RMLS Market Action Report for the Portland Metro Area, September, 2017:
    • There were 3,644 New Listings in Sept 2017 which was down .08% from Sept of 2016’s 3,673, and down 10% from August of 2017’s total of 4,048.
    • At 2,660, Sept Closed Sales were down 5.8% from Sept 2016’s 2,823, and 12.3% from the previous month/August 2017’s total of  3,034.
    • September’s Pending Sales (accepted offers), at 2,730 dropped 4.4% from Sept of 2016’s 2,857, and 11.1% from the previous month/August 2017’s total of 3,072.
    • The Average Sale Price in September of $426,700 was up $34,500 from September 2016’s $392,200, and down from August 2017’s $436,400 by $9,700.    (***This is typical seasonal adjustment. This year we’ve seen roughly $10,000 drops in Average Sale Price per month in August and Sept.)                  

August Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $374,900              7%    (Aug $436,400)
  • NE Portland:  $447,100                   9.6% (Aug $460,100)
  • SE Portland:  $400,900                   8.7% (Aug $391,200)
  • Gresham/Troutdale:   $341,800   10.5%  (Aug $333,300)
  • Milwaukie/Clackamas:  $418,500 10.4% (Aug $420,300)
  • Oregon City/Canby:   $416,900      8.9% (Aug $394,800)
  • Lake Oswego/West Linn:$678,200 8.2%(Aug $713,800)
  • West Portland:    $572,100             6.9% (Aug $567,100)
  • NW Washington County:$501,200  9.9%(Aug $526,500)
  • Beaverton/Aloha:     $369,200        9.7% (Aug $376,800)
  • Tigard/Wilsonville:   $434,600        6.3% (Aug $439,300)
  • Hillsboro/Forest Grove: $385,400 12.1% (Aug $382,800)

The combined areas of Lake Oswego and West Linn  for the month of August 2017 reported:

    •  469 Active Listings   
    •  199 New Listings     
    •  87  Pending Sales   
    •  126 Closed Sales  
    • Average Sale Price for Sept: $678,200  
      • 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.
    • Average Time on the Market: 54 Days   

Market Activity ~ Oct 16-22, 2017

Great, steady activity. Last week saw 20 New properties enter the market in Lake Oswego, 17 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 16-22, 2017)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #C45 $180,000 1 1 767 CONDO
100 KERR PKWY #42 $189,500 2 1.1 822 CONDO
5720 KENNY ST $420,000 3 2 1416 DETACHD
13606 BLAZER TRL $525,000 4 2.1 2418 DETACHD
17755 OVERLOOK LN $529,900 4 2.1 3198 DETACHD
17736 CARDINAL CT $535,000 4 2.1 2280 DETACHD
3845 TEMPEST DR $575,000 4 2.1 1931 DETACHD
19180 INDIAN CREEK AVE $599,900 4 3 2392 DETACHD
780 BRIERCLIFF LN $599,900 5 3.1 2502 DETACHD
16 BERNINI CT $620,900 4 3.2 4642 DETACHD
18866 INDIAN SPRINGS CIR $649,900 3 3 2004 DETACHD
3962 BASS LN $659,000 3 2.1 2237 DETACHD
5406 LANGFORD LN $845,000 3 2.1 3415 DETACHD
16 CELLINI CT $869,000 3 2.1 3049 DETACHD
236 PINE VALLEY RD $875,000 3 2.1 1996 DETACHD
18120 DELENKA LN $899,000 5 2.1 3157 DETACHD
3242 GLENMORRIE DR $979,900 3 2.1 3146 DETACHD
17 Hilltop $1,350,000 3 3.1 3335 DETACHD
2236 SUMMIT CT $2,200,000 3 2.1 4066 DETACHD
2812 Lakeview BLVD $2,500,000 3 2 2566 DETACHD

PENDING SALES (Oct 16-22, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
66 OSWEGO SMT $189,900 1 1 764 CONDO 37
88 CERVANTES CIR $200,000 2 1.1 912 CONDO 5
201 OSWEGO SMT #201 $229,900 2 2 1383 CONDO 106
88 GREENRIDGE CT #88 $270,000 2 2 1314 ATTACHD 4
5225 Jean RD #511 $275,000 3 2 1400 CONDO 9
4103 JEFFERSON PKWY $329,900 2 2.1 1359 CONDO 6
6451 MCEWAN RD $379,900 3 1.1 1080 DETACHD 9
18013 BELMORE AVE $479,900 3 2 1844 DETACHD 69
5524 LANGFORD LN $550,000 2 2 2038 DETACHD 22
272 GREENWOOD RD $565,000 3 2 2585 DETACHD 2
17524 ERIN CT $669,900 5 3 3008 DETACHD 68
4608 CHELSEA LN $825,000 4 2.1 3092 DETACHD 2
3623 EENA RD $974,900 4 3.1 3422 DETACHD 217
1420 MORNING SKY CT $999,000 4 3.1 3613 DETACHD 73
3519 Lake Grove AVE $1,185,000 4 2.1 3176 DETACHD 30
18308 MEADOWLARK LN $1,498,000 4 3.3 7254 DETACHD 558
2430 SUMMIT CT $1,995,000 3 3 2911 DETACHD 154

SOLD (Oct 16-22, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
210 S STATE ST #1 $365,000 $335,000 2 1.1 1767 CONDO 35
18565 LONGFELLOW AVE $495,000 $431,000 3 2 1430 DETACHD 54
1405 CEDAR ST $515,000 $515,000 4 2 2178 DETACHD 64
945 CUMBERLAND RD $730,000 $560,000 4 3.1 2726 DETACHD 18
3554 TEMPEST DR $625,000 $577,500 3 2.1 2279 DETACHD 84
18439 DEERBRUSH AVE $674,900 $660,000 4 2.1 2694 DETACHD 103
17325 OAK MEADOW LN $769,000 $755,000 4 2.1 3157 DETACHD 38
15956 PARKER RD $849,999 $824,000 3 2.1 3200 DETACHD 33
1075 SCHUKART LN $899,000 $880,000 4 2.1 3452 DETACHD 259
230 3RD ST $1,299,900 $1,299,900 4 3 3003 DETACHD 60
4660 UPPER DR $1,595,000 $1,450,000 5 3.1 3849 DETACHD 51
3458 LAKEVIEW BLVD $2,795,000 $2,300,000 4 4.1 4647 DETACHD 118

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.

Tips for a Great Lunch Spot

Years ago Lake Oswego had very few good restaurants. Getting a bite to eat at lunch tended to mean driving into Portland. Not so today. Today Lake Oswego has many great places to grab lunch. I thought today I’d share a few that I particularly like.

Pho’ LaVang is hands down my favorite place to get pho’, and this includes better than the many restaurants that make pho’ in Portland. I first visited Pho’ LaVang when it was a tiny little restaurant in a strip mall on Pilkington Road. It was mostly take out with only a very small table for 2-3 people. The man who owned it was chatty and friendly and wonderful. He introduced me to Vietnamese cuisine and I have loved it ever since. The popularity of the food quickly allowed the restaurant to out grow its cubby-hole location until it expanded to it’s current home at 16120 Lower Boones Ferry Rd, right in the heart of Lake Grove. They serve salad rolls, stir fry dishes, salt and pepper squid, kungpao, and more. My favorite is is the vegetable pho’. The broth is slow cooked, deep and rich, with plenty of fresh vegetables and tofu.

Curry in a Hurry is on the other end of town in the Palisades Shopping Center (1235 McVey Ave). This Thai restaurant has a comfy neighborhood atmosphere that is inviting and relaxing. Pad Thai, spicy noodles, all manner of curry dishes, fried rice, yakisoba, all of the classic Thai dishes that I love. The prices are amazing. I had lunch a week or so ago for $7.50 and it included a cup of coconut milk and vegetable soup.

Pine Shed Ribs is located in the same strip mall where Pho’ LaVang got its start: 17730 Pilkington Rd. Specializing in Santa Maria Tri-tip, this classic pit barbecue is a well honed machine of deliciousness. I’m not a big meat eater, but I do love good barbecue. Along with tri-tip and ribs you’ll find chicken and sausage. They serve great sides to compliment the great meats: everything from pinquito beans to mac n cheese and corn bread. Yum!

This is just three of many options. Our little town has done a great job of fostering some wonderful restaurants. I highly recommend that you come on down and give them a try.
Dianne

Market Activity Oct 9-15, 2017

It has been another beautiful fall week in Lake Oswego. I had the pleasure of a drive to the coast last weekend. Wow! I know New England has the big reputation, but Oregon is a post card in every direction at this time of year.

I found the market activity last week really interesting. 15 new listings, 20 pending sales, and 17 sold/closed sales: this shows a still steady market with a good deal of buyer interest. It continues to be a wonderful environment to sell a home. If you are in the market to buy a home, not only are interest rates terrific, but the timing is just right to get into your new home before the holidays.

Following is the breakdown for you according to RMLS:

New on the Market (Oct 9-15, 2017)

Address Type Price BR Baths Sq Ft
4647 Lakeview Blvd D-1 Condo $199,500 1 1 753
13 Oswego Summit Condo $199,900 1 1 764
88 Cervantes Circle Condo $200,000 2 1.5 912
73 Galen St Condo $217,500 2 2 995
5225 Jean Rd #511 Condo $275,000 3 2 1400
4103 Jefferson Pkwy Condo $329,900 2 2.5 1359
6451 McEwan Rd Detached $379,900 3 1.5 1080
5907 Kenny St Detached $450,000 3 2 1300
4978 Galen St Attached $474,850 2 2.5 1552
1895 Greentree Rd Detached $580,000 4 3 2861
5418 Washington Ct Detached $679,900 3 2.5 $2,074
15003 Twin Fir Rd Detached $779,000 2 1 984
13101 Amber Pl Detached $1,110,000 4 2.5 3817
504 8th St Detached $1,395,000 4 3 2858
15476 Diamond Head Rd Detached $1,395,000 3 2.5 3743

Pending Sales (Oct 9-15, 2017)

Address Type Price BR Baths Sq Ft CDOM
36 Greenridge Ct Attached $174,899 3 3 1748 66
36 Cervantes Cir 4-E Condo $199,900 2 1.5 912 27
1625 Cloverleaf Rd Detached $449,000 3 2 1996 57
836 Oak St Detached $479,000 3 3 2856 1206
16842 Bryant Rd Detached $499,000 4 2 2287 8
5871 Bonita Rd Detached $499,950 4 3 2406 421
210 Northshore Rd Detached $529,900 2 1.5 2050 14
2810 Dellwood Dr Detached $564,900 4 2.5 2278 7
1575 Ivy Ct Detached $575,000 4 3 2420 75
5526 Yorkshire Pl Detached $599,500 3 3 2449 26
1437 Greentree Circle Detached $599,999 4 3 2400 96
17808 Cardinal Pl Detached $645,000 3 2 1870 91
4023 Trout Way Detached $725,000 4 2.5 2758 3
3200 Upper DR Detached $798,500 4 3 2543 4
1976 Palisades Terrace Dr Detached $895,000 4 2.5 3898 208
13526 Snowberry Ct Detached $905,000 4 4 3718 0
18639 Pilkington Rd Detached $1,375,000 4 4 4148 118
3250 Upper Dr Detached $1,499,000 4 4.5 3977 42
13912 Goodall Rd Detached $1,735,000 4 3.5+.5 4658 84
916 Lake Shore Rd Detached $1,999,900 4 3.5 3780 141

Sold/Closed (Oct 9-15, 2017)

Address Type List Price Sold Price Sq Ft CDOM
84 Galen St Condo $115,000 $115,000 550 3
47 Eagle Crest DR #36 Condo $179,000 $165,000 932 9
198 Cervantes Attached $319,000 $302,000 1,266 9
562 2nd St #10 Attached $482,000 $470,000 1302 48
31 Da Vinci St Detached $520,000 $520,000 2232 48
3393 Tempest Dr Detached $549,000 $530,000 2490 162
4597 Black Forest Ct Detached $599,900 $580,000 2171 8
14371 Sherbrook Pl Detached $619,000 $595,000 2550 39
15410 Meadowlark Ct Detached $650,000 $643,000 2,702 2
4728 Lakeview Blvd Detached $779,000 $680,000 2867 116
810 9th St Detached $775,000 $750,000 2417 130
822 Lee ST Detached $825,000 $790,000 1930 93
13825 Melrose Pl Detached $825,000 $819,000 4490 8
1699 Village Park Ln Detached $985,000 $875,000 3342 127
741 B Ave Detached $1,120,000 $1,080,000 2609 33
3856 Upper Dr Detached $1,295,000 $1,200,000 3093 100
16828 Alder Circle Detached $1,795,000 $1,750,000 2363 1

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

Looking for some Fall Fun?  Here are my picks for things happening in Lake Oswego this week! (I stayed away from meetings and focused on mostly family fun : )

Mon, Oct 16th – 6:00pm – Family Movie Night – Lake Oswego Public Library (3rd-Mondays) CLICK HERE

Tue, Oct 17, 2017 – 3:45pm – 4:45pm – Meet The Artists – Lake Oswego Parks & Rec  (Every Tues) CLICK HERE  

 Wed, Oct 18, 2017 10:00am – 10:30am – Firsts Steps in Music – Lake Oswego Parks & Rec (Every Wed) CLICK HERE

Thu, Oct 19, 2017 – 4:00pm – 5:30pm – All Things Yarn (learn to knit!) – Lake Oswego Public Library (3rd Thursdays)  CLICK HERE

Fri, Oct 20, 2017 9:30am – 10:30amLittle Masters – Lake Oswego Parks & Rec (Every Friday, Ages 2-5) CLICK HERE

 

 

Market Activity ~ Oct 2-8, 2017

Last week saw 15 New properties enter the market in Lake Oswego, 17 move to Pending status, and 14 “Closed”/Sold.

I always tell my clients, when Buyers are looking this time of year, they’re serious.  And conversely, when Sellers are selling this time of year, they’re serious too!  SO…though things slow down a little till the end of the year, from either perspective its a Good time to be changing your Life by either buying or selling a home. People tend to want to get things done, which can make negotiating more straightforward.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Oct 2-8, 2017)

Address List Price # Beds # Baths Total SF Prop Type
32 OSWEGO SMT / Upper $184,900 1 1 752 CONDO
4000 CARMAN DR #11 $204,000 2 2 869 CONDO
157 OSWEGO SMT #22 $239,000 2 2 1383 CONDO
5092 GALEN ST $400,000 2 2 1178 DETACHD
100 LEONARD ST / Upper $429,000 2 2 1364 CONDO
16890 CORTEZ CT $469,000 4 3 2016 DETACHD
3290 WEMBLEY PARK RD $550,000 5 3 2656 DETACHD
937 OAK ST $725,000 4 3 2921 DETACHD
4745 CAMBRIDGE CT $749,900 2 2.1 3171 ATTACHD
17585 TREETOP WAY $799,000 4 3 2422 DETACHD
17110 LOWENBERG TER $899,000 4 2.1 2732 DETACHD
706 2nd ST $1,199,900 4 2.1 2737 DETACHD
12816 ALTO PARK RD $1,295,000 5 4 4215 DETACHD
19419 SW EAST SIDE RD $1,300,000 4 3.1 4682 DETACHD
1000 ATWATER RD $2,695,000 4 4.2 6531 DETACHD

PENDING SALES (Oct 2-8, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #43 $205,000 2 2 866 CONDO 6
57 CHURCH ST $214,900 1 1 636 CONDO 5
480 S STATE ST $299,900 3 2 1659 CONDO 200
5061 FOOTHILLS DR #B $350,000 2 2 991 CONDO 23
17007 WESTVIEW DR $465,000 4 2 2649 DETACHD 92
9 BECKET ST $489,900 4 2.1 3115 DETACHD 5
28 NORTHVIEW CT $525,000 2 3 2092 ATTACHD 59
5622 CARMAN DR $599,000 4 2 2164 DETACHD 14
1642 HIGHLAND DR $599,000 4 3 2234 DETACHD 82
2 CREEKSIDE TER $599,000 4 2.1 2906 DETACHD 86
2445 PARK RD $599,950 5 3 3268 DETACHD 2
1040 UPPER DEVON LN $659,000 3 2.1 2640 DETACHD 151
14283 EDENBERRY DR $689,000 3 2.1 2248 DETACHD 2
18462 PIONEER CT $724,900 5 3 3804 DETACHD 2
5455 LANGFORD LN $845,000 3 2.1 3398 DETACHD 132
13700 KNAUS RD $1,150,000 3 2.1 2403 DETACHD 106
1968 CHERYL CT $1,399,000 4 4.3 6153 DETACHD 368

SOLD (Oct 2-8, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #55 $150,000 $147,000 1 1 672 CONDO 32
100 KERR PKWY #51 $151,500 $155,000 1 1 620 CONDO 14
12 CRESTFIELD CT / Upper $168,000 $168,000 1 1 552 CONDO 55
4 TOUCHSTONE #102 $237,500 $210,000 4 2 1488 CONDO 129
30 WHEATHERSTONE $399,950 $396,000 3 2.1 1692 ATTACHD 5
18964 REDWING WAY $459,900 $430,000 3 1.1 1406 DETACHD 31
2734 ORCHARD HILL LN $598,900 $574,500 4 2.1 2814 DETACHD 246
5228 LOWER DR $795,000 $700,000 4 2.1 2712 DETACHD 140
913 SUNNY HILL DR $765,000 $760,000 6 3.1 4196 DETACHD 7
19067 MEGAN PL $824,900 $770,000 4 3 3400 DETACHD 99
16853 SCOTT CT $799,000 $799,000 3 4 3917 DETACHD 110
2510 WEMBLEY PARK RD $1,750,000 $1,680,000 4 3.1 4907 DETACHD 30
13571 GOODALL RD $1,859,000 $1,850,000 4 4.1 5725 DETACHD 108
16661 PHANTOM BLUFF CT $3,995,000 $3,597,000 5 5.1 5371 DETACHD 80

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 Sept 25-Oct 1, 2017

We had a slight up tick in new listings last week to 20 from just 13 the week before. That was matched by 20 pending listings, so a nicely balanced week. We also had 13 closed sales. This is good and steady activity for October.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 25-Oct 1, 2017)

Address Type Price BR Baths Sq Ft
4000 Carman Dr #43 Condo $205,000 2 2 866
57 Church St Condo $214,900 1 1 636
40 Oswego Summit Condo $217,500 2 2 1140
3433 McNary Pkwy #303 Condo $220,000 2 2.5 1208
5055 Foothills Dr #76 Condo $350,000 3 2 1252
16215 Lake Forest Blvd Detached $424,900 3 1 1001
210 Northshore Rd Detached $529,900 2 1.5 2050
5524 Langford Ln Detached $570,000 2 2 2038
3312 Sabina Ct Detached $590,000 3 2 1758
5059 Sunset Dr Attached $599,900 2 2.5 1734
113422 Vermeer Dr Detached $629,900 4 3 $2,682
1601 Woodland Terrace Detached $649,500 4 3 3887
13422 Auburn Ct Attached $665,000 3 2.5 2612
759 Timberline Dr Detached $690,000 4 3 2928
1604 Country Club Rd Detached $810,000 4 3.5 3878
4305 Upper DR Detached $999,999 5 2.5 3474
12750 Fielding Rd Detached $1,100,000 3 2 3018
17596 Green Bluff Dr Detached $1,150,000 4 2.5 3150
13587 Meadowcreek Ln Detached $1,195,000 4 2.5 3200
3920 Upper Dr Detached $1,350,000 4 3.5 3800

Pending Sales (Sept 25-Oct 1, 2017)

Address Type Price BR Baths Sq Ft CDOM
84 Galen St Condo $115,000 1 1 550 3
4085 Jefferson Pkwy Condo $299,900 2 2.5 1302 22
17484 Bryant Rd Detached $409,900 3 1 1431 0
1625 Cloverleaf Rd Detached $449,000 3 2 1996 43
17522 Bryant Rd Detached $450,000 3 1 1152 0
800 Woodway Ct Detached $499,000 4 3 2066 102
100 Leonard St 4-2 Condo $500,000 3 2.5 2537 65
18971 Indian Springs Circle Detached $512,000 3 2 1312 43
18906 Kristi Way Detached $559,000 3 2 1864 45
6236 Wayzata Ct Detached $589,000 4 2.5 2752 107
2 El Greco St Detached $649,000 5 4 3057 6
16943 Cherry Crest Dr Detached $679,000 4 2.5 2912 78
624 Livingood Ln Detached $695,000 4 3.5 2596 24
504 10th St Detached $819,000 3 2 2277 65
16946 Bryant Rd Detached $825,000 2 2 1390 90
822 Lee St Detached $825,000 3 2.5 1930 93
1699 Village Park Ln Detached $899,000 3 2.5+.5 3342 127
812 Country Commons Detached $899,000 4 4 3740 140
5665 Grand Oaks Dr Detached $914,900 5 3 4226 9
547 Middlecrest Rd Detached $1,098,000 2 2.5 1888 55

Sold/Closed (Sept 25-Oct 1, 2017)

Address Type List Price Sold Price Sq Ft CDOM
2 Oswego Summit Condo $199,500 $189,999 869 32
159 Oswego Summit Condo $250,000 $253,000 1,506 5
4971 Lakeview Blvd Detached $475,000 $478,500 1,433 25
5117 Greensborough Ct Detached $459,000 $508,000 1560 2
4 Abelard St Detached $539,900 $529,570 2430 6
1031 Oxford Dr Detached $559,900 $549,900 2384 358
86 Tanglewood Dr Detached $619,000 $562,000 3192 83
11 Del Prado St Detached $639,000 $600,000 2893 24
4908 Hastings Dr Detached $639,900 $635,000 2109 3
820 Lake Forest Dr Detached $675,000 $665,000 2676 5
5975 Newcastle Dr Detached $849,900 $755,000 3339 39
13612 Goodall Rd Detached $1,675,000 $1,615,000 4362 138
884 Northshore Rd Detached $2,500,000 $2,500,000 2628 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.

Featured Property: 9 Becket

I am excited to introduce to you my new listing at 9 Becket. This is one of those “opportunity houses”. In other words, it needs a total remodel.

Located in Mt. Park, it is 3115 square feet (does not include 518 square feet of unfinished basement) for just $489,900. It’s the largest, cheapest house on the market in Lake Oswego right now. It was built in 1981 and the current owner has owned it since 1985. That says a lot about how great a house is because the current owner simply had no reason to leave. According to the current owner, it was also a part of the Street of Dreams in 1981. It comes with features that today are expected in high-end homes. Things like double sinks in the bathrooms and a master bath with both a soaking tub and a custom tile shower. The floor plan is wonderful and is suitable to today’s standards with a very large kitchen and 2 family rooms. Today they call it a family room and a bonus room, but you get the idea.

What this house needs is a new owner to love it. The interior finishes are pretty much all original with brown tile from the 80’s, lots of wall paper, and, yes, even some pink carpet. It is being sold “as is” and will require either cash or rehab financing. It will take money to re-do what is needed and that is why it is priced the way that it is.

Here’s some brief stats:
9 Becket
Built in 1981
3115 square feet
4 bedrooms
2 1/2 baths
Shake roof that is only 10 years old
Gas furnace that is only 5 years old
Gas hot water
Stephenson Elementary School
Wilson High School
2-car attached garage
Mt Park Home Owners Association is $80/month for the rec facility with swimming, basketball, fitness classes, and exercise equipment. Also about 8 miles of walking paths.
Taxes are $7985/year

Did I mention that this house is surrounded by homes of much greater value? This truly is an opportunity.

I will be holding this house open October 3rd from 11 to 1, and then again October 7th from 12 to 3. If you have questions or would like to see it sooner, please give me a call at 503-803-6298.
Happy house hunting,
Dianne

Market Activity Sept 18-24, 2017

We are enjoying a few of Oregon’s famous sunny fall days. It is practically perfect with cool breezes at night and beautiful 80 degree afternoons. I love the fall!

Last week in Lake Oswego the real estate market continued to chug along with 13 new listings, 19 houses go into pending status with accepted offers, and 10 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Sept 18-24, 2017)

Address Type Price BR Baths Sq Ft
200 Burnham Rd #101 Condo $199,900 1 1 959
14401 Sherbrook Pl Attached $470,000 3 2.5 1828
14 Aquinas St Detached $525,000 3 3 2531
1503 Pine St Detached $629,900 5 3 2792
108 Ridgeway Rd Detached $649,000 3 1 1468
5875 Bonita Rd Detached $649,000 5 3.5 2650
2 El Greco St Detached $649,000 5 3 3057
5440 Bay Creek Dr Detached $695,000 4 2.5 2442
5562 Royal Oaks Dr Detached $700,000 4 2.5 2342
5665 Grand Oaks Dr Detached $914,900 5 3 4226
17104 Cedar Rd Detached $1,639,900 3 3 $3,345
1972 Cheryl Ct Detached $1,999,999 3 4.5 6952
1845 Highlands Loop Detached $2,795,000 4 3.5+.5 5001

Pending Sales (Sept 18-24, 2017)

Address Type Price BR Baths Sq Ft CDOM
45 Eagle Crest Dr #220 Condo $210,000 1 1 768 10
16250 Pacific Hwy #49 Condo $239,000 2 2 1305 9
154 Oswego Summit Condo $259,950 2 2 1506 117
16724 Roosevelt Ave Detached $399,999 3 1.5 1270 45
16219 Bonaire Ave Detached $419,900 4 2 1594 55
937 Country Club Rd Detached $464,500 3 1 1990 142
1515 Cloverleaf Rd Detached $475,000 3 2.5 2205 91
1940 Mapleleaf Rd Detached $495,000 3 1.5 1296 13
12729 19th Ave Detached $499,900 4 2 2700 120
1405 Cedar St Detached $515,000 4 2 2178 18
16580 Maple Circle Detached $549,000 4 1.5 2253 67
655 8th St Detached $625,000 3 2 1611 27
19080 Indian Springs Circle Detached $650,000 4 2 2406 217
4100 Coltsfoot Ln Detached $689,000 3 2.5 2840 38
19487 Dogwood Ct Detached $745,000 5 3 3105 15
17645 Oak Meadow Ln Detached $749,000 4 2.5 3723 93
16610 Woodsman Ct Detached $799,000 4 3 3462 8
456 Lake Bay Ct Detached $945,000 3 3 22393 2
3856 Upper Dr Detached $1,198,950 3 2.5 3093 100

Sold/Closed (Sept 18-24, 2017)

Address Type List Price Sold Price Sq Ft CDOM
16011 Lake Forest Blvd Detached $263,000 $265,000 2720 1
1599 Oak St Detached $549,000 $466,000 2,468 64
3707 Olson Ct Detached $675,000 $565,000 3,026 87
2405 Dellwood Dr Detached $600,000 $608,000 2336 82
5822 Bay Point Dr Detached $750,000 $705,000 3202 41
14370 Pfeifer Dr Detached $810,000 $810,000 3318 19
5322 Carman Grove Ln Detached $820,000 $820,000 2615 92
17572 Shepherds Ct Detached $887,500 $840,000 3044 58
5702 Meadowcreek Ct Detached $1,059,000 $1,040,000 3146 9
13560 Fielding Rd Detached $2,688,000 $2,450,000 5308 124

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.