Market Activity April 30-May 1, 2022

Last week in Lake Oswego we had 18 new listings, 10 of which are now in pending status, 25 properties that accepted offers and went pending, and 18 sold/closed sales.

See below for RMLS data.

New on the Market April 30-May 1 2022

AddressTypePriceBRBathsSq Ft
4 Touchstone #119Condo$239,900321351
66 WheatherstoneCondo$650,00043.52500
1299 Hide A Way LnDetached$849,900321893
10 Morningview LnDetached$1,049,00043.53848
13300 Fox RunDetached$1,495,00052.54484
17766 Marylcreek DrDetached$1,499,90043.54470
5030 Firwood RdDetached$2,950,000544017
3015 Wembley Park RdDetached$3,500,00054.55211

Pending Sales April 30-May 1, 2022

AddressTypePriceBRBathsSq FtCDOM
44 Eagle Crest Dr #10Condo$210,000117982
4631 Lakeview BlvdCondo$210,000117530
3433 McNary Pkwy #208Condo$299,0002210083
520 S State StCondo$339,0002191415
200 Burnham Rd #406Condo$340,00021119919
210 Oswego SummitCondo$395,5002215065
24 Condolea DrCondo$469,0002214484
16 Oriole LnDetached$499,95022144819
4206 Woodside CirAttached$529,0003217997
10 Eagle Crest DrDetached$599,00032.518854
1825 Cedar CtDetached$700,0003116643
4752 Rembrandt LnDetached$700,00032.516416
5497 Willow CtAttached$749,90032.5242756
18413 Deer Oak CirDetached$764,0004218666
13855 Verte CtDetached$774,90032.5183522
762 9th StDetached$799,5002212814
12860 Sierra Vista DrDetached$880,0003223072
3130 Duncan DrDetached$899,00063.530072
13160 Princeton CtDetached$949,00042.532522
355 6th StAttached$975,00033.523623
5542 Dunmire DrDetached$1,015,00042.532564
217 5th StDetached$1,149,00032.521741
364 Northshore RdDetached$1,200,0003220661
324 9th StDetached$1,695,00032.527433
15825 Oswego Shore CtDetached$2,998,00033.5431712

Sold/Closed April 30-May 1, 2022

AddressTypeList PriceSold PriceSq FeetDOM
47 Eagle Crest Dr #16Condo$239,000$230,00093232
213 CervantesCondo$329,000$325,000121626
211 CervantesCondo$339,000$339,000110012
3958 Carman DrCondo$424,900$450,000113315
6321 Alyssa TerrAttached$499,900$508,0001,5465
5211 Madrona StDetached$574,900$600,00020428
2091 Bonniebrae DrAttached$625,000$650,00017926
6240 Shakespeare StDetached$625,000$697,50012384
4958 Galen StDetached$729,000$740,000201419
2542 Orchard Hill LnDetached$790,000$975,00017544
1004 Cumberland PlDetached$1,100,000$1,125,00033134
1909 Palisades TerraceDetached$1,150,000$1,240,00031003
13483 Snowberry CtDetached$1,150,000$1,350,00035183
4168 Chad DrDetached$1,249,000$1,450,00037442
1000 Upper Devon LnDetached$1,695,000$1,600,000353526
1979 County Club RdDetached$1,599,000$1,800,00041431
13744 Knaus RdDetached$1,850,000$1,850,000458735
13636 Goodall RdDetached$2,395,000$2,395,00043487

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

Planning for Home Improvement Projects

Taking on home remodeling is a big task. It’s extremely disruptive to any home, but making some basic plans will really help. Here are 7 suggestions to make your project go as smoothly as possible.

  1. Put yourself in a mind set to be patient. Get recommendations for contractors from people you know. If they’ve had a good experience, you are also likely to have a good experience. In addition, Linda and I can be a resource. Plan to be patient. Good contractors book out well in advance.
  2. Consider renting some storage space. One of the biggest delays in a construction project is erratic or delayed delivery times. With good planning you can purchase materials in advance and store them so that they are readily available at the time that they are needed.
  3. Get creative. If wood lengths are unavailable, buy longer pieces and cut them down to fabricate unavailable lengths.
  4. Scale back. With the soaring cost of materials (up 400% at its peak) many contractors are writing into their contracts that the homeowner will absorb price changes. So consider doing a modified, smaller project so that you don’t get caught spending more than you had planned

5. Use reclaimed materials. It can add charm, be more affordable, and contribute to sustainability

6. Think out of the box. Perhaps your project can be accomplished using a pre-fab accessory dwelling unity. There are fewer supply chain issues with these buildings and they can easily be used as an office, bonus room, or additional bedroom.

7. There is no longer an off season. Good contractors are in high demand year around. Every season of the year is busy. To deal with this, go back to number 1. Patience, patience, patience.

Thanks for reading the blotter!

Dianne

Lake Oswego Dog Parks

I love dogs and have owned one pretty much all of my life. One of the things I have learned is that a tired dog is a good dog. Getting them out to play, exercise, and socialize just creates a really fine pet.

Here in Lake Oswego we have 5 off-leash dog parks:

Hazelia Dog Park at Luscher Farm (17800 Stafford Rd) actually consists of two of the dog parks. The Northern most park is for dogs that are timid or shy. The Southern park is for more outgoing dogs.

West Waluga Park (15775 Waluga Dr)

Pilkington Park (19043 Pilkington Rd)

McNary Park (47 Beckett St)

There are some basic park rults.

Dogs must be kept on a leash except in the areas designated as off leash. They must be kept under control by the owner.

Owners must promptly pick up after their dogs.

All dogs must be licensed and up to date with the vacinations.

Dogs are not allowed on the athletic fields.

Parks are open daily from 6am to 10pm, year around.

Enjoy!

Market Activity April 11-17, 2022

Last week in Lake Oswego we had 13 new listings, 5 of which sold quickly and are reflected here in pending status, 27 properties that accepted offers and went pending, and 16 sold/closed homes.

See below for RMLS data.

New listings April 11-17, 2022

AddressTypePriceBRBathsSq Ft
200 Burnham Rd #406Condo$340,000211199
520 State StCondo$395,00021914
5073 W Sunset DrAttached$515,00022.51720
256 CervantesAttached$548,90722.51984
5875 Bonita RdDetached$955,00063.52650
15825 Oswego Shore CtDetached$2,998,00033.54317
13132 Thoma RdDetached$3,650,00055.55434
3232 Lakeview BlvdDetached$7,200,00045.58170

Pending Sales April 11-17, 2022

AddressTypePriceBRBathsSq FtCDOM
244 Ridgeway RdCondo$319,000117533
317 CervantesCondo$330,00022120921
211 CervantesCondo$339,00022110012
86 Kingsgate Rd D105Condo$349,950229249
4000 Carman Dr #C49Condo$375,00011.510047
3924 Carman DrAttached$435,00022.5113915
6025 Kenny StDetached$599,00031.512544
6240 Shakespeare StDetached$625,0003212384
114 Touchstone TerrAttached$640,00033196423
5838 Langford LnDetached$699,0003318113
1960 Mapleleaf RdDetached$724,9003214522
18 Northview CtAttached$750,00033.527179
2 Westminster DrDetached$865,00043282260
16525 Glenwood CtDetached$890,00032.522984
1435 Greentree CirDetached$899,00042.522698
14580 Uplands DrDetached$925,0003321204
2525 Dellwood DrDetached$950,0005328364
126 Del Prado StDetached$985,00053.539324
38 Briarwood RdDetached$1,199,0004325544
14190 Taylors Crest LnDetached$1,299,00052.529614
4867 Upper DrDetached$1,349,0005329565
17448 Oak Meadow LnDetached$1,520,00042.533803
18058 Pilkington RdDetached$1,538,9994332253
603 Atwater RdDetached$1,750,00043.534304
1415 Horseshoe CurveDetached$2,095,00043.5381610
17230 Lake Haven DrDetached$2,100,00032.537666
6319 Washington CtDetached$2,200,0004438543

Sold/Closed April 11-17, 2022

AddressTypeList PriceSold PriceSq FeetDOM
16250 Pacific Hwy #44Condo$387,000$387,000130510
34 Condolea DrCondo$475,000$473,750142055
4434 Thunder Vista LnCondo$479,000$488,06520404
71 Greenridge CtAttached$599,000$610,00020043
4902 Childs RdDetached$700,000$705,9141,3704
1210 Pine StDetached$675,000$750,00017205
23 TouchstoneDetached$924,900$930,00031697
14179 Sundeleaf DrDetached$849,900$1,000,00026173
5554 Luce LnDetached$998,900$1,110,00032693
2095 Ridge Pointe DrDetached$1,085,000$1,265,00037484
1640 Oak StDetached$1,160,000$1,300,00033013
2612 Rivendell RdDetached$1,389,900$1,625,00035214
18024 Eastridge LnDetached$1,289,000$1,738,4473781580
1949 Cheryl CtDetached$1,750,000$2,080,00050114
18137 Meadowlark LnDetached$1,999,500$2,360,00053062
15012 Twin Fir RdDetached$2,395,000$2,599,0003897187

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 in a Name?

When Linda and I started the property blotter, gosh, many years ago, we sat down and brainstormed names for our new blog. Linda suggested the “Property Blotter”. It’s named in reference to the police blotter that is published every week in the local newspaper, the Lake Oswego Review. I agreed that it was perfect. And so, the Property Blotter was born.

This week, I thought I’d share with you some recent police blotter entries:

3/13, 12:13 AM. Kides were skateboarding in a garage and hitting on an elevator near the 300 block of 1st Street.

3/13, 12:20 PM. Someone said their phone wasn’t working and at night they were seeing “weird lines and ropes coming over the house on their Ring camera.” It turned out to be condensation and rain causing the “ropes in the sky”.

3/13, 1:15 PM. High school-aged kids were seen near a tent or tarp near the 4100 block of Mellissa Drive.

3/14, 1:10 AM. Music was “blasting” and a caller worried something had happened to a homeowner near the 4000 block of Mercantile Drive.

3/14, 8:47 AM. A caller was worried about someone he’d been trying to reach for several days without success. It turned out the person had lost his phone and was OK.

3/14 2:33 PM. Six dogs were barking outside near the 16800 block of Cortez Court. The caller said it was a “hoarding situation”.

3/15. 4:10 PM. Someone demaded to talk to the police cheif at her house, as he was “the only one she can talk to and the only one wo can see what she sees”.

It’s pretty amuzing to read the police blotter. Yes, there are also serious incidents reported, but so much of it is trivial and even amuzing. Lake Oswego has a 100% response policy. You call the police and they will show up. There has even been a book written about the LO police blotter, No Call Too Small, by the staff at the Lake Oswego Review.

The amazing Lake Oswego police department is one of the many reasons that I love being a resident of LO.

As always, thanks for reading the blotter,

Dianne

Market Activity March 21-April 3, 2022

This week’s report covers two weeks. During the previous two weeks Lake Oswego had 28 new listings, 24 move into pending status, and 25 closed sales. Those are very balanced numbers. I don’t recall a week with more new listings than pending in at least a year.

See below for RMLS data.

New listings March 21-April 3, 2022

AddressTypePriceBRBathsSq Ft
45 Eagle Crest Dr #405Condo$195,000211056
45 Eagle Crest Dr #316Condo$200,00011600
4 Touchstone #69Condo$239,90032.51351
45 Eagle Crest Dr #407Condo$259,00021.51056
47 Eagle Crest Dr #13Condo$275,00021932
317 CervantesCondo$330,000221100
211 CervantesCondo$339,000221209
3958 Carman DrCondo$439,90022.51133
1531 BonniebraeAttached$489,90031.51303
6321 Alyssa TerrAttached$515,00032.51546
668 McVey Ave #63Condo$575,00021852
2091 Bonniebrae DrCondo$625,00032.51792
114 Touchstone TerrAttached$640,000331964
14 Partridge LnDetached$668,000332658
3797 Lanewood StDetached$750,000312560
36 Greenridge CtAttached$795,000432250
18975 Olson AveDetached$890,000633569
14760 Uplands DrDetached$999,000432772
16205 Matthew CtDetached$1,550,001$43.54278
17897 Sundown CtDetached$1,675,000533755
1415 Horseshoe CurveDetached$2,095,00044.53816
13636 Goodall RdDetached$2,395,00044.14380
4460 Upper DrDetached$2,700,00043.54081
1777 Skyland DrDetached$2,950,00043.54871
548 Ridgeway RdDetached$3,195,000533498
13800 Goodall RdDetached$4,350,00066.56590
Goodall RdDetached$4,395,00054.55928
Goodall RdDetached$4,695,00055.55969

Pending Sales March 21- April 3, 2022

AddressTypePriceBRBathsSq FtCDOM
100 Kerr Pkwy #52Condo$229,000116179
47 Eagle Crest Dr #16Condo$235,0002193232
3930 Lake Grove Ave 2ACondo$249,000219564
45 Eagle Crest Dr #513Condo$253,30021.5105647
3433 McNary Pkwy #107Condo$289,5002210083
224 Ridgeway RdCondo$325,000117566
213 CervantesCondo$329,00021.512162
3924 Carman DrAttached$435,00022.511394
668 McVey Ave #10Condo$540,0003199244
5211 Madrona StDetached$574,9003220428
5626 Fernbrook WayDetached$574,96031.512502
5832 Benfield CtDetached$575,00031.513364
852 5th StDetached$675,000217382
1210 Pine StDetached$675,00031.517205
4902 Childs RdDetached$700,00031.513704
4958 Galen StDetached$729,00032.520146
13581 Fielding RdDetached$1,100,0004221524
13483 Snowberry CtDetached$1,150,00042.535183
4168 Chad DrDetached$1,249,00043.537442
5863 Suncreek DrDetached$1,295,0003333021
1000 Upper Devon LnDetached$1,695,00043.5353526
503 Laurel StDetached$1,750,00043.53169254
4579 Upper DrDetached$2,250,00043.537013
4947 Park Bluff PlDetached$2,400,00044.542920

Sold/Closed March 21-April 3, 2022

AddressTypeList PriceSold PriceSq FeetDOM
4 Touchstone #101Condo$268,000$295,00014563
19 Crestfield CtCondo$310,000$322,0009213
200 Burnham Rd #208Condo$347,500$347,50013202
5225 Jean Rd #309Condo$360,000$362,000110020
390 Carman DrCondo$415,900$401,0001,09821
143 Church StDetached$700,000$550,0001220$60
9 Bloch TerAttached$599,900$637,50010467
27 Aquinas StDetached$599,900$665,00015304
1726 Conifer DrDetached$689,000$689,00018000
230 Laurel StDetached$661,900$701,25013392
67 Condolea TerrCondo$675,000$736,00024092
353 3rd StAttached$909,000$905,00020447
4144 Sunset DrDetached$950,000$960,00026324
86 Tanglewood DrDetached$885,000$1,085,00031924
1805 Glenmorrie TerrDetached$1,075,000$1,150,00027984
12715 Adrian CtDetached$1,150,000$1,200,00030033
2650 Overlook DrDetached$1,250,000$1,262,000303012
5959 Suncreek DrDetached$1,150,000$1,350,00033155
12975 Elk Rock RdDetached$1,379,000$1,405,0004569235
735 7th StDetached$1,725,000$1,900,00030735
6031 Seville AveDetached$550,000$1,900,61130735
13348 Leslie CtDetached$1,750,000$2,000,0003,8631
16881 Canyon DrDetached$2,799,000$2,850,00038881
2520 Southshore BlvdDetached$3,275,000$3,275,00044920
5185 Carman DrDetached$3,650,000$3,400,0006500360

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: 1531 Bonniebrae Dr

Located in one of Lake Oswego’s finest neighborhoods, this Red Fox Hill’s townhouse is adjacent to Tryon Creek State Park and surrounded by elegant homes. It features a private courtyard that is beautifully landscaped. There is a detached 2-car garage.

The interior is light and bright with views out to the courtyard. There are 3 bedrooms and 1.5 baths. Recent updates include fixtures and paint. All 3 bedrooms are good sized and vaulted with the primary bedroom being 15′ x 14′. The primary bedrooms has all-new paint and laminate flooring.

Red Fox Hill’s is a very well-cared for and well-run home owner’s associaiton. The grounds feature rolling lawns and beautiful landscaping. There is a pool, a spa, and a recreation room for your enjoyment.

This property is listed for $489,900.

I will be holding this townhome open this Saturday, April 2nd, from 2:00-4:00, and on Sunday, April 3rd, from 11:00-1:00. Please come and see me!

Dianne

Attached vs Condo, What’s the Difference?

I think that most people think that the word attached (also commonly called townhouse) is based upon the design of the property.  Either one or two story with no neighbor above or below. That is not the case. Attached does mean that you don’t have a neighor above or below, but, more importantly, it means that you own the dirt underneath.  Because you own the dirt, you are responsible for the upkeep and maintenance of the crawl space.

There is a huge advantage to purchasing an attached home. Besides not having someone living above you, it is much  easier to finance, which makes it easier to sell. Lenders treat attached houses just like any other house.

 

With a condo you own the interior walls and everything inside of those walls. The exterior walls, crawlspace, and roof are all part of the limited common areas of the home owners association.

Condos can be a little bit problamatic when it comes to financing.  Federal lending guidelines requre that at least 50% of the units be owner occupied, and one individual or entity can not own more than 10% of the units. Additionally, to be FHA financeable, the HOA must apply for and maintain their FHA eligibility. This is often neglected by the HOA and so it is not always availble. Because condos tend to be more affordable, they are often purchased by first time home buyers. With out FHA financing, it can be too hard for first ime buyers to come up with enough of a down payment to purchase in communities that don’t have FHA approval.

When Linda and I do the Market Activity Report, we always indicate if a property is Detached, Attached, or a Condo. I thought it would be helpful if you understood the differences.

As always, thanks for reading the Blotter,

Dianne

Market Activity March 7-13, 2022

Last week in Lake Oswego there were 21 new listings, 15 that went into pending status, and 9 sold/closed properties.

Something that has frustrated me for a while is that when I pull the stats for this report many houses will have already moved into pending status, when, in fact, they were also new listings last week. I tried something different this week by taking an additional step to make sure they are included as new listings as well as pending. For this reason, you’ll see several properties that show up in both sections of this report.

See below for additional RMLS data.

New on the Market March 1-13, 2022

Address Type Price BR Baths Sq Ft
45 Eagle Crest Dr #309 Condo $259,900 2 2-Jan 1056
230 Laurel St Detached $661,900 3 2 1339
6025 Carman Dr Detached $699,900 3 2 1641
13700 Provencial Hill Dr Detached $725,000 4 2.5 2078
12729 SW 19th Ave Detached $799,000 4 3 2554
4870 Centerwood St Detached $839,900 4 2.5 2434
17348 Hunter Ct Detached $929,000 3 2.5 3112
5554 Luce Ln Detached $998,900 4 3 3269
1004 Cumberland Pl Detached $1,100,000 5 2 3313
12715 Adrian Ct Detached $1,150,000 4 2.5 3003
38 Briarwood Rd Detached $1,279,000 4 3 2552
26 Briarwood Rd Detached $1,279,000 4 3 2554
4030 Canal Woods Ct Detached $1,380,000 5 4 4103
2612 Rivendell Rd Detached $1,389,000 4 3 3521
1050 Schukart Ln Detached $1,399,000 4 3.5 5847
3938 Edens Edge Dr Detached $1,450,000 4 3.5 3880
21 D Ave #2 Condo $1,718,400 2 2.5 2183
735 7th St Detached $1,725,000 3 3.5 3073
1949 Cheryl Ct Detached $1,750,000 $5 4.5+.5 5011
21 D Ave #12 Condo $1,863,600 2 2.5 2177
3115 Wembley Park Rd Detached $2,000,000 4 3.5 3800

Pending Sales March 7-13, 2022

Address Type Price BR Baths Sq Ft CDOM
213 Cervantes Condo $329,000 2 1.5 1216 7
210 State St 37 Condo $449,900 3 2 1302 32
4434 Thunder Vista Ln Condo $479,000 2 2.5 2040 4
27 Aquinas St Detached $559,900 3 2.5 1530 4
230 Laurel St Detached $661,900 3 2 1339 2
143 Church St Detached $700,000 2 1 1220 61
13700 Provincial Hill Dr Detached $725,000 4 2.5 2078 2
15562 Heritage Ct Detached $864,000 4 2.5 2338 5
23 Touchstone Detached $924,900 5 4 3169 7
554 Luce Ln Detached $998,900 4 3 3269 3
3778 Rivers Edge Dr Detached $1,150,000 4 3.5 3012 5
928 Lake Front Rd Detached $1,299,900 4 3 2468 6
3938 Edens Edge Dr Detached $1,450,000 4 3.5 3880 4
1001 Cedar St Detached $1,495,000 4 3.5 2572 14
21 D Ave #2 Condo $1,718,400 2 2.5 2183 0

Sold/Closed March 7-13, 2022

Address Type List Price Sold Price Sq Feet DOM
200 Burnham Rd #206 Condo $359,000 $345,000 1199 62
3974 Carman Dr Attached $380,000 $380,000 1107 0
13991 Majestic Ct Detached $550,000 $600,000 1765 4
16940 Tracy Ave Detached $675,000 $624,000 1656 88
91 Tanglewood Dr Detached $799,900 $789,900 3111 21
14141 Goodall Rd Detached $784,900 $815,000 1939 2
18582 Bryant Rd Detached $799,900 $872,698 2579 2
19001 Redwing Way Detached $829,000 $876,500 2116 3
150 Iron Mountain Blvd Detached $1,100,000 $1,200,000 2868 3

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.

LO Adult Community Center

We are fortunate, here in Lake Oswego, to have a terrific Adult Community Center. Catering to the needs of the 55 and older community. There is a huge variety of services and actifities that are offered.

Monday, Wednesday, and Friday, a hot meal is served between 11:30 and 12:30. The suggested donation is $4 for those 60 and older, $5 for all otheres.

Meals on Wheels is also operated on Monday, Wednesday and Friday with hot meals delivered to peoples homes. The suggested donation is $4.

The center also offers variety of consulting to aid families make arrangements for aging relatives. They offer the cosulting at their facility, but they will also come to your home. When my mother went into hospice, it was the Adult Community Center that I called to get advice on hiring in-home care.

They also offer legal adice, by appointment. The consultation is for 30 minutes and it is free.

Then there is all of the fun stuff to do: Muh Jongg, Pinochle, Scrabble, and Bridge. Exercise and wellness classes are regularly offered. And they have a wonderful program called Conversation on Aging to help you make decisions about how you want your elder years to look and how to get them most out of them.

The past several months the facility has been in the process of remodeling. It is now complete and a celebratory open house is being held this Thursday, the 10th, from 5:30 to 7:00pm. Complimentory wine and hors d’ouvres will be served.

For more information about the Lake Oswego Adult Community Center click here.

Thank you for reading the blotter!

Dianne