Happy Thanksgiving!

Linda and I want to wish you and yours a very Happy Thanksgiving. Even in these challenging times we have so much to be thankful for. We live in a great country that provides us with opportunities. We live in a great community that appreciates diversity and values all lives. We enjoy our family and friends, and even though we can not be close to them this year, we hold them close in our hearts.

Thanksgiving message with pumpkins on a blue background

Linda and I are giving thanks for you, our readers. We appreciate that you take the time to read the blotter and that you are as eager to learn about real estate as Linda and I are eager to share.

There will not be a market activity report this week. Next week’s report will combine two weeks: last week and this.

Enjoy the holiday!

A Tribute

Today I want to share with you something personal, and yes, it does have to do with real estate. You see, my Mom passed away on October 16th. If you have ever worked with me, you’ve heard me talk about my Mom. So this isn’t new to you. But if you haven’t worked with me, I feel a need to tell you about the best Realtor I have ever known.

My Mom got her real estate license in 1976. She was raised in an era when she wanted to major in business at Oregon State, but as a woman she had to major in “Secretarial Sciences”. Seriously. But she had a head for business. She hung her license at Shelter Properties on Boones Ferry Rd in Lake Grove. There she got her feet on the ground and at one time, after listing an entire new subdivision, got chewed out for besting a more prominent agent, a bit of a diva, for beating her out with most new listings for the month.

She moved on to Professionals 100. In 1987, after the birth of my daughter, I was agonizing over having to put my baby into daycare 5 days a week. I had a back ground in sales. I had actually been a sales trainer for a health club organization. My Mom’s business was booming. She was the leading sales agent in the metro area for Great Western Savings and Loan. She was handling their foreclosure properties and she had just been handed about 20 properties to list and sell. She needed help. She called me up and asked if, perhaps, my husband would consider coming to work for her. My reaction? My husband, what about me? That’s when I started my real estate career. It was 33 years ago. I’ve never looked back.

At first, I was her assistant. As I gained experience, we became a team. Then, as she approached retirement, she became my assistant. It’s probably the best possible circumstance in which to be in this business. You see, real estate has a lot of moving parts. So many people are involved: the buyer, the seller, the inspector, the appraiser, the lender. This means that it’s complicated and no two transactions are the same. As Realtors, we need sounding boards, people we respect and rely on to help us navigate complex circumstances so that we can give our clients the best advice possible, for their benefit, not for out own.

About the time that my Mom retired, I met Linda. She and I have known each other for at least 15 years. She calls me, I call her, she filled that void that opened up when my Mom retired. I don’t know how anyone can be in this business without a confidant.

So yes, I’m grieving. But I’m grateful. How lucky am I to have had Mom who, along with giving me life and raising me, gave me a career?

Today I want to salute my Mom. Oh what a wonderful woman she was!


Market Activity Oct 3-11, 2020

Last week in Lake Oswego the market kept chugging right along. We had 13 properties come onto the market, 38 received accepted offers and went into pending status, and 19 sold/closed sales.

See below for an explanation of the RMLS data

New on the market Oct 3-11, 2020

AddressTypePriceBRBathsSq Ft
344 Cervantes CircleCondo$223,00021.5921
668 McVey Ave #83Condo$259,00021.5992
34 Wheatherstone #17Condo$399,00032.51692
17841 Westview DrDetached$739,000422448
4681 Trillium WoodsAttached$749,00032.52185
13903 Sundeleaf DrDetached$750,000422496
17421 Brookhurst DrDetached$899,90043.53756
27 Juarez StDetached$998,00053.54889
1891 Palisades Lake CtDetached$1,425,00044.55389
1947 Summit DrDetached$1,795,00045.55570
907 Terrace DrDetached$3,000,00064.5+.5+.57296
1405 Country CommonsDetached$3,150,00054.5+.56522
3917 Southshore BlvdDetached$5,200,00044.5+.55083

Pending sales Oct 3-11, 2020

AddressTypePriceBRBathsSq FtCDOM
72 Galen StCondo$182,500116903
92 Cervantes CircleCondo$205,00021.591236
15938 Quarry Rd A-6Condo$235,000219914
4 Touchstone #70Condo$245,00032.51351136
5225 Jean Rd #506Condo$255,0002211002
45 Eagle Crest Dr #401Condo$285,00032134840
4107 Jefferson PkwyCondo$325,00022.5150732
15486 Brianne CtAttached$375,00022.512468
18275 Terry CtDetached$459,90031.512702
1001 Cedar StDetached$499,00042.5257228
5713 Kenny StDetached$499,9003213844
937 Country Club RdDetached$503,50021165023
19167 Longfellow AveDetached$525,0003217826
12 Saint Helens CircleDetached$525,00032178029
4862 Indian Creek CtDetached$534,9003213904
86 Greenridge CtAttached$597,00043.52718109
14863 Twin Fir CtDetached$610,00032164877
1427 Aspen STDetached$635,00042231915
4420 Galewood StDetached$649,00032.520784
2165 Ridge Pointe DrDetached$650,0004347495
312 4th StAttached$720,00022.517133
300 4th StAttached$724,90022.5173159
4388 Snowbrush CtDetached$799,000543928153
100 D AveAttached$825,00022.5184729
2100 Summit DrDetached$849,9003323585
345 E AveDetached$899,0003215822
2885 Dellwood DrDetached$924,90043.5374978
5690 Bay Creek DrDetached$969,00042.532684
5871 Ridgetop CtDetached$975,00042.535433
17641 Brookhurst DrDetached$989,00042.534705
2900 Upper DrDetached$1,040,00032227228
2701 Glen Haven RdDetached$1,085,0003231343
1507 Cedar STDetached$1,099,90032.5250567
428 C AveAttached$1,149,88833260712
18320 Meadowlark LnDetached$1,577,00044.5+.56054159
1588 View Lake CtDetached$1,995,00042.5+.544294
19025 Hill Top RdDetached$2,199,50054.55366215
15607 Village DrDetached$2,589,00053.55407230

Sold/Closed sales Oct 3-11, 2020

AddressTypeList PriceSold PriceSq FtCDOM
90 Galen StCondo$149,900$150,4005524
16200 Pacific Hwy #24Condo$357,900$300,0001,190164
21 Britten CtAttached$429,000$445,00019724
6136 Fernbrook CircleDetached$449,900$482,50012505
5767 Baliene StDetached$499,900$514,900116045
5907 Kenny StDetached$499,900$530,00012831
2823 Orchard Hill PlDetached$550,000$567,50023024
2735 Greentree RdDetached$579,900$590,00016167
620 Tippecanoe CtDetached$649,900$650,00017189
875 Boca Ratan DrDetached$749,000$675,000250224
4403 Oakridge RdAttached$760,000$719,000205255
16419 Lexington CtDetached$739,000$725,00024099
5269 Denton DrDetached$940,000$950,00031733
1149 Cherry LnDetached$1,050,000$1,015323112
408 Northshore RdDetached$1,395,000$1,3253753254
1318 Horseshoe CurveDetached$1,425,000$1,42537153
18147 Pilkington RdDetached$1,796,000$1,660463615
305 Chandler PLDetached$2,850,000$2,700533443
757 Lake Shore RdDetached$3,089,000$2,995409872

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 21-27, 2020

Linda and I hope that you like the new look that the blotter has. We are pretty excited about it!

Last Week in Lake Oswego there were 15 new listings, 19 properties with accepted offers that went pending, and 26 closed sales.

See below for market details.

New on the Market Sept 21-27, 2020

AddressTypePriceBRBathsSq Ft
30 Oswego SummitCondo$198,50011700
668 McVey Ave #40Condo$249,90011636
181 Oswego SummitCondo$289,000221383
5059 Foothills Dr ECondo$325,000221097
5058 Foothills Dr HCondo$339,900321252
4520 Lower Dr A1Condo$459,90032.51750
3595 Tempest DrDetached$615,000322126
2734 Orchard Hill LnDetached$699,000432800
221 Hidalgo StDetached$710,00032.52660
4113 Wood Hill CtDetached$745,000432810
5338 Royal Oaks DrDetached$819,00042.52720
18375 River Edge LnDetached$1,185,00042.53612
877 9th StDetached$1,450,00032.52932
17495 Kelok RdDetached$1,750,00032.53282
13615 Knaus RdDetached$1,995,00043.54294

Pending Sept 21-27, 2020

AddressTypePriceBRBathsSq FtCDOM
90 Galen StCondo$149,900115524
320 Cervantes Circle 12BAttached$209,900218323
6930 Montauk CircleCondo$235,0002192412
4632 Lower DrCondo$275,00021.5126033
4340 BotticelliCondo$369,90033152285160
4963 Suntree LnDetached$529,90022.5186181
2305 Glen Haven RdDetached$595,0003215932
5364 Rosewood StDetached$599,00042.5198015
5885 Dove CtDetached$599,9003317957
14408 Orchard Springs RdCondo$600,0005321583
25 Becket StDetached$650,00053311214
17226 Tualatin StDetached$695,00042.519424
151 C AveAttached$795,00022.5193430
5682 Charles CircleDetached$839,0004330523
5335 Westfield CtDetached$889,90042.5312225
19245 Megly CtDetached$899,00053349041
18140 Pioneer CtDetached$964,9004325242
15650 Quarry RdDetached$1,298,00032.5312614
800 Terrace DrDetached$1,559,00054.55359160

Sold/Closed Sept 21-27, 2020

AddressTypeList PriceSold PriceSq FtCDOM
4 Touchstone #126Condo$210,000$197,70098472
4 Touchstone #146Condo$244,900$244,90097988
4000 Carman Dr E74Condo$229,900$230,00083613
45 Eagle Crest Dr #402Condo$249,000$249,0007687
3844 Botticelli StCondo$319,000$305,000113230
37 Greenridge CtAttached$399,000$355,000117652
750 1st St A12Condo$379,000$360,000135024
1120 Boca Ratan DrAttached$400,000$410,00016115
5168 Lakeview BlvdDetached$395,000$415,0009604
6024 Fernbrook CircleDetached$494,900$512,50016162
12850 Alto Park RdDetached$600,000$600,00011479
15601 Tanager DrDetached$619,900$625,00020466
1280 Oak TerraceDetached$579,900$635,00016851
12401 Shelby CtDetached$660,000$680,00027181
1953 Summit DrDetached$889,000$819,000331247
17838 Lake Haven DrDetached$839,900$875,00022143
3903 Tempest DrDetached$899,000$899,000255714
47 Hillshire DrDetached$1,085,000$1,110,00033246
5156 Dawn StDetached$1,150,000$1,150,000241315
16429 Bonaire AveDetached$1,299,900$1,250,000296730
17171 Cedar RdDetached$1,795,000$1,500,0003746389
13888 Goodall RdDetached$1,738,000$1,738,00044355
17322 Cedar RdDetached$1,795,000$1,810,000343230
768 Berwick CtDetached$2,150,000$1,810,000412719
931 Atwater RdDetached$2695,000$2,500,000412719
910 Northshore RdDetached$4,595,000$4,350,000545517

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.

Babica Hen

Babica Hen 001Lake Oswego enjoys several really nice breakfast restaurants. The fresh pastries and fluffy omelets at La Provence are legendary. St. Honore opened next to Millennium Plaza Park recently, bringing amazing Croque Messieurs and Croque Madames (yum!), but these two fine establishments are now going to have some fierce competition. Babica Hen is in town.

Located next to Gubanc’s (at 15964 Boones Ferry Rd), it’s right in the heart of downtown Lake Grove.

The owner’s are the same people who own Gubanc’s, which is pretty much a restaurant institution here in LO. So it makes sense that they know what they’re doing. Whereas Gubanc’s is more of a lunch and dinner restaurant, Babica Hen specializes in breakfast with a few lunch options.

The menu is amazing. Le Waffle Lyonnaise (black forest ham, egg, arugula, and tarragon hollondaise), the Lemon Berry Crumble Waffle (Amaretto blueberries, lemon marscarpone, and brown sugar crumble), 3 different eggs Benedicts (tomato, smoked pork, and dungeness crab), prawns and polenta, and the well-named Iron Miner’s Breakfast (potato hash, eggs, roasted tomato, carmelized onion, cheddar, chorizo gravy, bacon AND maple sausage), are just a sampling. Seriously, the menu is huge and creative.

Babica Hen 002Prices are reasonable with waffles at $9, the Iron Miner’s Breakfast at $11, and the most expensive thing on the menu for $13 being Champagne Oysters (yes, this is what I had, fantastic).

Are you hungry yet?

I highly recommend giving Babica Hen a try. Be prepared to wait. The parking lot is pretty much packed, but the kitchen is efficient and service is quick. Last Sunday at 10am, my wait was about 15 minutes.

Hours are Tuesday thru Sunday from 7am to 3pm, closed on Mondays.


Market Activity~Dec 31, 2012-Jan 6, 2013

Happy New Year!
Activity is good with 7 New on the market, 8 Pending and 8 Sold during the last 7-day period in Lake Oswego.
You will notice, if you search for yourself, quite a few more that appear to be “New” on the market, but these are “refreshed” listings. Dianne and I like to present just the actually “New” properties coming on the market as reflected for you below.

Here are further details on last week’s Market Activity:

NEWLY LISTED (Dec 31, 2012-Jan 6, 2013)

Address List Price # Beds # Baths Total SF Prop Type
86 KINGSGATE RD E201 $96,300.00 2 2 938 CONDO
47 EAGLE CREST DR #42 $104,500.00 2 1 932 CONDO
18275 PILKINGTON RD $329,423.00 3 2 2088 DETACHD
1572 HIGHLAND DR $334,500.00 3 2 1950 DETACHD
2390 GREENTREE RD $429,000.00 3 2.1 2380 DETACHD
19310 RIVERWOOD LN Lt 9W $639,900.00 5 4 3110 DETACHD
1972 CHERYL CT $1,999,999.00 5 4.1 6952 DETACHD

PENDING SALES (Dec 31, 2012-Jan 6, 2013 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #21 $94,500.00 2 2 885 CONDO 72
47 EAGLE CREST DR #C31 $99,000.00 2 1 1009 CONDO 88
5195 FIRWOOD RD $196,000.00 3 2 1886 DETACHD 246
4231 WOODSIDE CIR $267,500.00 3 2 1943 ATTACHD 174
6474 FROST ST $304,900.00 4 2.1 2216 DETACHD 110
6450 FROST ST $314,900.00 4 2.1 2216 DETACHD 111
4231 SUNSET DR $369,900.00 3 2 2229 DETACHD 122
17002 CRESTVIEW DR $395,000.00 3 2.1 2163 DETACHD 34

SOLD (Dec 31, 2012-Jan 6, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
6207 HARRINGTON AVE $199,900.00 $211,000.00 3 1 960 DETACHD 3
18807 SW KRISTI WAY $269,900.00 $248,000.00 3 1.1 1256 DETACHD 6
18444 TUALATA AVE $299,000.00 $252,000.00 3 2 1192 DETACHD 206
1180 HALLINAN CIR $325,000.00 $300,000.00 3 2 1590 DETACHD 0
5682 CHARLES CIR $549,000.00 $529,000.00 4 2.1 3052 DETACHD 119
5047 WOODCREST LN 7east $679,336.00 $698,690.00 4 3.1 3602 DETACHD 0
1655 EDGECLIFF TER $1,175,000.00 $1,125,000.00 4 3.1 3416 DETACHD 182
18402 OLD RIVER LNDG $1,695,000.00 $1,451,250.00 4 4.1 4547 DETACHD 504

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

Open Houses ~ Jan 6, 2013

Enjoy these 10 Open Houses in Lake Oswego Sunday!

Address L/Price # Beds # Baths Total SF Time
16909 TRACY AVE $279,950 4 2 1499 12-3PM
4263 HARVEY WAY $349,000 3 2 1640 1-3PM
15655 FIELDSTONE DR $589,500 4 2.1 2750 1-3PM
5533 FIELDSTONE CT $599,500 4 2.1 3115 1-3PM
13282 BOONES FERRY LN $599,900 4 2.1 3267 1-3PM
18096 Pilkington RD $599,900 3 2.1 3182 1-3PM
1579 BAY VIEW LN $675,000 4 3 4665 1-3PM
329 10TH ST $949,980 4 2.1 3647 1-3PM
310 IRON MOUNTAIN BLVD $1,100,000 4 2.1 3503 1-3PM
1677 LESLIE LN $1,840,000 4 6.1 7534 1-3PM

A New Year!

Oswego-LakeGreetings to all of our loyal and new Property Blotter readers!

As we enter our 5th year of publishing this insiders’ look at the Lake Oswego community and Real Estate scenes, we want to take a moment to thank you so much for your interest and patronage through the years! Dianne and I are as committed as ever to bringing you the micro-focused real estate information you count on, and also the perspective of Lake Oswego as part of the larger Portland Metro Area from time to time. Context is good… at least we think so : )

We both specialize in Lake Oswego property, considering the time we’ve spent living and working here, and we both also have been working all over the Greater Portland Area for many, many years, so please remember us if you know someone who needs a really experienced and reliable Realtor for any property “selling or buying adventure” in this larger geographic area!

Though our lives have changed through the years, the Property Blotter has remained constant, and we hope that you enjoy it as much as we do. Recently we have made one BIG change, and that is that we are now working with Oregon First Real Estate Company!  A change like this is the kind of thing that only occurs once in a very great while, and while we have been very pleased with our previous affiliation and will miss those with whom we’ve worked closely for some time, we are thrilled to be joining this vibrant, established local company with offices all over the Portland area and Vancouver!

Just for fun, I’ve pasted below our very first post from 2008, and after reading it, am feeling both nostalgic, and satisfied with the work we’ve committed ourselves to, and all we’ve accomplished with so many of you.

Happy New Year to each of you…. We toast YOU in 2013!

Welcome to the premier edition of the Property Blotter!

This blog is intended to be a fun and useful forum pertaining to real estate issues in the City of Lake Oswego. It will bring you information that directly reflects current market conditions.

It will also provide you with history of the area and insights into Lake Oswego’s vibrant community. You will find plenty of statistics and details about houses currently for sale and recently sold. You will also find neighborhood profiles and featured homes. And, yes, you’ll get commentary on local events and neighborhood happenings.

What you will not find is endless self-promotion and unneeded advertising. This is going to be a place to learn about Lake Oswego real estate and not a place that will waste your time. We don’t care for that sort of thing any more than you do.

And just who are we and why do we have any right to be doing this? We are Realtors who have each lived in Lake Oswego for some time and have been directly a part of this community. Between us we have 30 years of experience selling real estate in this fine community. Between us we have lived in Lake Oswego for 20 years. Our children have attended school here. We participated in sports here. We volunteered with local non-profits here. We know this town.

Lake Oswego is an amazing place to live. It is also seriously misunderstood. Yes, there are million-dollar homes in Lake Oswego. But more than money, Lake Oswego is a town that has people who care. It has always had great schools and so attracts families looking for excellent public schools. There are modest homes as well as lakeside estates.

If we are doing our job right, you’ll come away from this blog feeling like you know a bit more about what prices of homes are like, what is going on with local businesses, and what it is about LO that makes it a great place to live and to work. If you currently live here, you’ll know more about what your home may be worth. If you are thinking about moving here, you’ll know more about what to expect when you buy a home and what this community is like as a place to live.

So come along with us on this “blog-mobile”. It is going to be a great journey.