Dianne Gregoire, Author at Property Blotter

November 3, 2022

Market Activity Oct 24-30, 2022

Once again, I feel that the market is balance. I say this when the number of new listings, pending sales, and closed sales are very close.

Last week in Lake Oswego there were 10 new listings, two of which sold quickly and moved to pending status. There were 13 pending sales and 9 closed sales.

See below for details of RMLS data.

New on the Market Oct 24-30, 2022

Address	Type	Price	Bedrooms	Baths	Sq Feet
86 Kingsgate Rd B101	Condo	$340,000	2	2	938
236 Ridgeway Rd 16A	Condo	$360,000	2	1	914
5062 Foothills Dr H	Condo	$459,900	3	2	1252
1612 Lake Front Rd	Detached	$950,000	3	2	1831
2350 Southshore Blvd	Detached	$996,000	3	2.5	2236
141 Furnace St	Condo	$1,750,000	2	2.5	2249
1745 Mapleleaf Rd	Detached	$1,800,000	5	3.5	3661
1836 Highlands Loop	Detached	$2,695,000	4	4.5+.5	5494

Pending Sales Oct 24-30, 2022

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
86 Cervantes Cir 10-B	Condo	$235,000	2	1.5+.5	912	30
15235 Boones Way	Attached	$624,900	3	2	1686	5
12 Walking Woods Dr	Detached	$749,950	3	3	2224	2
17608 Sydni Ct	Attached	$775,000	4	2.5	2466	126
18706 Bryant Rd	Detached	$789,900	3	2.5	2489	6
14400 Trillium Ct	Detached	$839,000	4	2.5	3193	4
17810 Kelok Rd	Detached	$845,000	3	2	1557	9
314 2nd St	Condo	$850,000	3	3.5	1814	9
4051 Virginia Way	Detached	$999,000	4	2	1903	7
5550 Jean Rd	Detached	$1,499,000	4	4.5	3001	107
853 E Ave	Detached	$1,850,000	3	3.5	2839	22
17312 Bergis Farm Dr	Detached	$1,920,000	4	4.5+.5	4804	0
1625 Cloverleaf Rd	Detached	$2,199,000	4	4	3853	67

Closed/Sold Oct 24-30, 2022

Address	Type	List Price	Sold Price	Sq Feet	CDOM
48 Eagle Crest Dr 2A	Condo	$169,000	$215,000	1623	5
4724 Lamont Ct	Detached	$649,000	$633,000	1698	6
27 Partridge Ln	Detached	$699,000	$680,000	2317	15
17721 Overlook Cir	Detached	$890,000	$815,000	3172	71
4704 Cambridge Ct	Attached	$985,000	$1,008,000	2856	5
4360 West Bay Rd	Detached	$1,185,000	$1,175,000	2636	32
3763 Tempest Dr	Detached	$1,395,000	$1,300,000	2895	73
14383 Fosberg Rd	Detached	$2,250,000	$1,799,000	4543	152
15784 Twin Fir Rd	Detached	$2,200,000	$2,194,000	3471	20

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.

October 23, 2022

Fall Events in LO

With fall in the air, there are some great events coming up her in Lake Oswego:

Farmer’s Markets

The Lake Grove Farmer’s Market is still going strong. It happens every other Sunday with 3 remaining for the year. The market will be available from 11:00-3:00 on October 30th, November 13th, and November 27th. It is held on Hallmark Dr in Lake Grove.

The Lake Oswego Farmer’s Market is finished for the year, but there will be a Reunion Market held on November 19th from 8:30-1:30. It is held at Millennium Plaza Park in downtown Lake Oswego.

Horse Drawn Wagon Ride

Happening the same day as the Reunion Farmer’s Market, November 19th and also at Millennium Plaza Park, take a 20 ride in a horse-drawn wagon through the streets of Lake Oswego. Reservations for the rides happening on the hour are already booked out, but first-come-first-serve rides are available on the half hours. Cost is $9 for those 13 years of age and older and $6 for those 0-12. For more information, click here

Monster Mash Spooktacular

Celebrate Halloween in a safe, family-friendly way by taking your kids to the Monster Mash Spooktacular. Put on by Lake Oswego Parks and Recreation, it is being held October 31st from 3:00-6:00. Dress up in costumes and go trick or treating at Christ Church Parish. There will be special appearances by both the Lake Oswego Police and Fire Departments. This is a free event for kids 0-12 years of age. Free trick-or-treating bags will be given out to the first 400 kids. For more information, click here.

Enjoy the glory of fall!

Dianne

October 21, 2022

Market Activity October 10-16, 2022

The last day of summer was yesterday. We have been enjoying temperatures in the 80’s all the way into mid October, but today that changes. High’s in the 50’s and rain in the foreseeable future.

With the arrival of fall, our market remains balanced but starting to slow down. In Lake Oswego last week we had 8 new listings, 4 of which sold quickly and appear in this report as pending sales. 15 properties went pending and 14 transactions sold/closed.

See below for RMLS details

New on the Market October 10-16, 2022

Address	Type	Price	Bedrooms	Baths	Square Ft
4920 Mulholland Dr	Attached	$805,000	3	2.5	2498
2280 Southshore Blvd	Detached	$949,000	4	2	2494
13218 Deerfield Ct	Detached	$1,100,000	4	2.5	2860
1454 Glenmorrie Dr	Detached	$1,350,000	3	2.5	3345

Pending Sales October 10-16, 2022

Address	Type	Price	Bedrooms	Baths	Square Feet	CDOM
48 Eagle Crest Dr 2A	Condo	$169,000	3	2	1623	5
6 Cervantes Cir	Condo	$240,000	2	1.5	912	14
1988 Bonniebrae Dr	Attached	$469,000	3	2	1499	4
1728 Boca Ratan Dr	Attached	$509,000	3	2	1485	2
1172 Boca Ratan Dr	Attached	$580,000	3	2	1611	20
1475 Cornell St	Detached	$699,000	3	2	1599	22
1105 Hallinan Cir	Detached	$699,000	3	2	1612	16
18150 Bryant Rd	Detached	$750,000	3	2	1468	11
4673 Lakeview Blvd	Detached	$895,000	3	2	2029	4
625 3rd St	Attached	$1,050,000	3	2.5	2645	4
5524 Koderra Ave	Detached	$1,100,000	3	2.5	2957	28
1685 Fernwood Dr	Detached	$1,325,000	5	3	2592	4
2940 Canal Rd	Detached	$1,500,000	3	2.5	3983	2
12790 Fielding Rd	Detached	$4,995,000	6	7.5	9124	91
21 D Ave #4	Condo	$2,067,000	2	2.5	2431	333

Sold/Closed October 10-16, 2022

Address	Type	List Price	Closed Price	Square Ft	CDOM
4 Touchstone #77	Condo	$330,000	$230,000	1351	128
256 Cervantes	Attached	$548,907	$520,000	1984	158
918 Lake Front Rd	Detached	$708,000	$650,000	921	11
5788 Langford Ln	Detached	$650,000	$650,000	1598	14
5429 Kenny St	Detached	$715,000	$660,000	1584	61
1130 Hallinan Ct	Detached	$650,000	$660,000	1463	4
1250 Hallinan Cir	Detached	$825,000	$700,000	2168	57
18 Partridge Ln	Detached	$780,000	$780,000	3145	17
32 Independence Ave	Detached	$746,000	$790,000	3420	5
18591 Waxwing Way	Detached	$885,000	$861,000	2145	32
4264 Harvey Way	Detached	$925,000	$862,500	2728	36
16018 Waluga Dr	Detached	$1,150,000	$915,500	1962	135
4137 Orchard Way	Detached	$1,175,000	$1,150,000	3680	15
1287 Cherry Ln	Detached	$2,999,000	$3,000,000	5312	4

October 8, 2022

Drug Take Back Event

On October 29th, from 10am to 2pm, you can take unused and not needed medications to Lake Oswego’s drug-take-back event.

This will be a drive thru event held at the Gallagher Building at Mary’s Woods (17550 Provost St, Lake Oswego). People are asked to stay in their vehicles.

Accepted items are prescription and over-the -counter medications. Also accepted are Vape pens and E cigarettes WITHOUT batteries. Unknown medications and veterinary meds are going to be accepted as well.

Not accepted are medications from businesses such as nursing homes. This collection event is for individual households only.

Also not accepted are vaping pens with batteries, EpiPens, intra-venous solutions, injectables, inhalers, syringes, chemotherapy medications, or medical waste. To get rid of these items, call Metro Recycling at 503-234-3000.

If the container contains personal information, please cross it out. Items not in original containers can be put into sealed plastic bags. If the item is liquid or gel, please put it into a sealed plastic bag.

For more information, click here.

I hope you have found this information useful.

Dianne

October 6, 2022

Market Activity Sept 26-Oct 2, 2022

Our market is moving right along. Last week in Lake Oswego we had 16 properties come onto the market, 3 of which sold the same week and are reflected in this report as pending sales. We had a total of 12 properties move to pending status, and 11 closed sales.

See below for RMLS data.

New on the Market Sept. 26-Oct 2, 2022

Address	Type	Price	Bedrooms	Baths	Sq Feet
86 Cervantes Cir 10-B	Condo	$240,000	2	1.5+.5	912
6 Cervantes Cir	Condo	$255,000	2	1.5	912
3433 McNary Pkwy #806	Condo	$324,900	2	2.5	1136
16 Summit Ridge Ct	Condo	$485,000	2	2.5	1576
5270 Chinook Ct	Detached	$495,000	3	2	1391
18150 Bryant Ct	Detached	$750,000	3	2	1468
2845 Vale Ct	Detached	$900,000	4	3	3157
4704 Cambridge Ct	Attached	$985,000	3	2.5	2856
939 Sunny Hill Dr	Detached	$1,155,000	4	2.5	3250
515 Laurel St	Detached	$1,725,000	4	3.5	3382
13624 Goodall Rd	Detached	$2,290,000	4	4.5+.5	4411
17435 Wren Ct	Detached	$3,995,000	4	4.5	4134
13751 Cameo Ct	Detached	$4,249,000	5	4.5+.5	4409

Pending Sales Sept 26-Oct 2, 2022

Address	Type	Price	Bedrooms	Baths	Sq. Feet	DOM
246 Ridgeway Rd 17B	Condo	$344,000	1	1	753	6
6261 Dawn St	Detached	$535,000	3	2	1296	3
4724 Lamont Ct	Detached	$649,000	3	2	1698	6
27 Partridge Ln	Detached	$699,000	3	2	2317	15
4730 Firwood Rd	Detached	$785,000	4	2	1944	3
42 Aquinas St	Detached	$799,900	4	2.5	2486	101
16018 Waluga Dr	Detached	$995,000	4	2	1962	134
17423 Schalit Way	Detached	$998,900	4	2.5	2442	4
17291 Cedar Rd	Detached	$1,135,000	5	4.5	2872	42
3763 Tempest Dr	Detached	$1,350,000	5	2.5	2895	73
732 Lake Forest Dr	Detached	$1,500,000	3	2	2865	3
842 6th St	Detached	$1,850,000	4	3.5	3840	5

Sold/Closed Sept 26-Oct 2, 2022

Address	Type	List Price	Sold Price	Sq Feet	CDOM
900 Cornell St	Detached	$495,000	$560,000	1300	4
5850 Kenny St	Detached	$589,000	$575,000	1172	6
1272 Hide A Way Ct	Detached	$549,000	$605,000	1816	3
136 Touchstone Ter	Detached	$630,000	$630,000	1996	4
14402 Sherbrook Pl	Detached	$649,999	$655,000	1976	7
939 Devon Ln	Detached	$815,000	$720,000	2249	80
17095 Rebecca Ln	Detached	$925,000	$920,000	2379	7
2775 Vale Ct	Detached	$1,100,000	$949,950	2805	97
5490 Royal Oaks Dr	Detached	$967,500	$967,500	1768	7
890 C Ave	Detached	$1,275,000	$1,175,000	2596	11
961 Lake Front Rd	Detached	$4,895,000	$4,750,000	4998	59

September 30, 2022

Open House Sat & Sun, Oct 1 & 2, noon-3:00

I am thrilled to introduce you to my new listing at 4704 Cambridge Ct in the West Lake neighborhood of Lake Oswego.

With the primary bedroom on the main level, it is a wonderful floorplan with a huge kitchen that is open to the family room. The Southern side consists of walls of windows that allow you to enjoy expansive Southern views of the greenspace behind and also across the West Lake neighborhood.

There are 3 large bedrooms plus a bonus room. In addition to the great room, there is a formal living room and formal dining. The primary suite has a fireplace and a huge bathroom with double sinks, a jetted tub, and a custom walk-in shower. There is also a huge walk-in closet.

As part of the Devonshire Home Owner’s Association, the exterior maintenance and landscaping is maintained by the HOA for easy-care living.

Priced at $985,000, it is an opportunity to own a newer home in Lake Oswego with a primary bedroom on the main.

I will be holding it open this Saturday and Sunday from noon to 3pm. Please park on Peter’s Rd.

I’m looking forward to seeing you!

Dianne

September 22, 2022

The Power of 20

Years ago, I realized that the number 20 is very powerful in real estate. It applies both when buying and when selling.

When Buying

I think most people do the bulk of their house hunting online. The Internet is an amazing tool. However, it is also super important to physically visit houses. I think you need to go into them to get a feeling for value. What does $500,000 look like? By the time that you have gone through 20 houses you will have a strong sense of value. You’ll know what feels like a good deal and what feels like it is overpriced.

This does not mean that you absolutely have to see exactly 20 houses. No. In fact, the first house that my husband and I bought was the first house that we looked at. We walked in, fell in love, and made an offer.

20 is simply a good guide and a way to set some expectations for the experience of house hunting.

When Selling

When selling, you need about 20 showings to get an offer. Again, it can happen faster than that, but 20 is a good barometer.

So, if you put your house on the market and you get 20 showings in the first few days, you are going to get an offer quickly.

If the reverse happens and you get 2 showings the first week, and then 2 the next, this means you’re going to be on the market for about 10 weeks to get an offer. If you need an offer more quickly, then you need to drop the price or fix what people are objecting to.

If you get 20 showings and no offer happens, again, you need to drop the price or fix what people are objecting to.

I hope you find this concept useful. As always, thanks for reading the blotter.

Dianne

September 20, 2022September 20, 2022

Market Activity Sept 12-18, 2022

Last week in Lake Oswego there were 14 new listings, 4 of which sold quickly and are represented in this report as pending sales. There were 24 properties that moved to pending status and 14 sold/closed homes.

See below for RMLS details.

New on the Market Sept 12-18, 2022

Address	Type	Price	Bedrooms	Baths	Square Feet
900 Cornell St	Detached	$495,000	3	1.5	1300
103 Kingsgate Rd	Detached	$625,000	3	2.5	1352
27 Partridge Ln	Detached	$699,000	3	2	2317
918 Lake Front Rd	Detached	$700,000	2	1	921
4793 Auburn Ln	Attached	$750,000	3	2.5	2083
17944 Tualata Ave	Detached	$995,000	4	3	2325
19125 Olson Ave	Detached	$1,125,000	4	2.5	3828
1 Juarez St	Detached	$1,245,000	3	2.5	3388
17228 Blue Heron Rd	Detached	$1,829,000	4	2.5+.5	4236
13800 Goodall Rd Lot 1	Detached	$4,350,000	5	6.1	5642
13770 Goodall Rd Lot 2	Detached	$4,395,000	5	4.1	5933

Pending Sept 12-18, 2022

Address	Type	Price	Bedrooms	Baths	Square Feet	DOM
4 Touchstone #95	Condo	$219,900	2	2	984	8
4 Touchstone #77	Condo	$240,000	3	2.5	1351	51
4463 Thunder Vista Ln	Condo	$438,000	2	2.5	1741	2
113 Touchstone Terr	Attached	$510,000	3	2.5	2104	3
1272 Hide A Way Ct	Detached	$549,000	4	2	1816	3
15450 Stephanie Ct	Attached	$565,000	3	2.5	1662	66
5850 Kenny St	Detached	$589,000	2	2	1172	6
66 Weatherstone #35	Condo	$599,900	4	3.5	2465	20
8 Mountain Circle	Attached	$629,000	3	2	1316	5
1130 Hallinan Ct	Detached	$650,000	3	2	1463	4
18040 Belmore Ave	Detached	$674,900	3	2	2077	37
32 Independence Ave	Detached	$740,000	4	3.1	3420	5
18 Partridge Ln	Detached	$780,000	4	3	3145	17
2050 Southshore Blvd	Detached	$780,000	3	2.5	1629	10
67 Tanglewood Dr	Detached	$799,900	4	2.5	3149	56
490 Boca Ratan Dr	Detached	$824,900	3	2	2108	63
18591 Waxwing Way	Detached	$875,000	3	2.5	2145	32
2050 Wembley Park Rd	Detached	$1,099,500	4	2	1868	5
19125 Olson Ave	Detached	$1,125,000	4	2	3828	3
2777 Glen Haven Rd	Detached	$1,159,000	3	2.5	2560	102
13504 Streamside Dr	Detached	$1,279,000	4	2.5	3486	31
1625 Cloverleaf Rd	Detached	$2,375,000	4	4	3853	31
864 6th St	Detached	$2,998,000	5	4.5	5266	124
16561 Maple Circle	Detached	$3,800,000	4	3.5	3356	30

Sold/Closed Sept. 12-18, 2022

Address	Type	List Price	Sold Price	Square Feet	DOM
45 Oswego Summit	Condo	$240,000	$245,000	764	4
168 Oswego Summit	Condo	$330,000	$315,000	1383	29
4300 Botticelli St	Attached	$399,900	$374,900	1721	42
200 Burnham Rd #103	Condo	$419,500	$419,000	765	16
4 Weatherstone	Detached	$535,000	$480,000	1692	41
4266 Woodside Circle	Detached	$549,900	$502,000	1944	8
18690 Wood Duck Way	Detached	$775,000	$775,000	1895	0
5272 Tree St	Detached	$799,900	$810,000	1948	4
5557 Langford Ln	Detached	$839,000	$844,500	1539	15
1202 Spruce St	Detached	$850,000	$850,000	1706	3
63 Touchstone	Detached	$925,000	$885,000	3088	21
1571 HIghland Dr	Detached	$989,000	$980,000	3000	3
2600 Dellwood Dr	Detached	$1,600,000	$1,525,000	3690	314
17226 Chapin jWay	Detached	$2,600,000	$2,750,000	4930	1

September 9, 2022

Getting a Great Inspection

When buying a house, it is just super important to have a really great home inspection. It’s a big deal to buy a house; probably the biggest investment of your life. You want to get it right.

So who should you hire? How do you know you are hiring a professional who will do the most thorough inspection possible.?

I have come to believe that the expensive inspectors ($700+) are worth every extra dollar. First of all, to successfully stay in business at the higher cost level, they have to do a good job. But even more than that, when you hire an expensive inspector, what you are paying for is time.

A less expensive inspector ($350 or so) has to do 2 inspections to make as much money as the person who is charging $700. In other words, they have a schedule to keep. They have to watch their time to be certain that they can conclude the current inspection, get a bit to eat and find a restroom, drive to the next appointment and arrive on time.

The inspector who is charging more, in my experience, only does one inspection a day. At least this is the case with inspectors that I recommend. If they need time to explore the house more and to figure things out, they have the time.

Along with a thorough inspection, a good inspector will also take the time to teach the home buyer some basics about the house. Things like how to change the furnace filter and how often to clean the gutters.

Along with a general inspection, you should plan to have a sewer scope done and to do radon testing. If it’s an older home, you need to find out if there is an in-ground oil tank. The whole process will cost about $1000. As I said, every dollar is worth it.

Both Linda and I recommend excellent inspectors. Feel free to reach out if you would like more information.

Dianne

September 8, 2022

Market Activity Aug 29-Sept 4, 2022

The market feels stable to me right now. Numbers are very similar to what they were when I last posted a market activity report two weeks ago. Last week in Lake Oswego we had 10 new listings, one of which sold quickly and appears in this report as a pending sale. We also had 15 properties move to pending status and 18 that closed with finalized sales.

See below for RMLS data.

New Listings Aug 29-Sept 4, 2022

Address	Type	Price	BR	Bath	Sq Feet
1475 Cornell St	Detached	$799,000	3	2	1599
15443 Meadowlark Ct	Detached	$824,900	3	2	1895
38 Morningview Circle	Detached	$825,000	4	3	2408
5140 Lower Drive	Detached	$929,995	3	2	1706
1466 Nelson Ct	Detached	$1,195,000	4	3.5	3169
16873 Canyon Dr	Detached	$1,980,000	4	4	3632
55 Eagle Crest Dr	Detached	$2,295,000	5	4.5+.5	5629
2485 Greentree Rd	Detached	$2,325,000	4	4	3853
3220 Southshore Blvd	Detached	$2,790,000	3	3	3462

Pending Sales Aug 29-Sept 4, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
360 Cervantes Circle	Condo	$240,000	2	1	832	7
4266 Woodside Circle	Attached	$519,999	4	2	1944	8
136 Touchstone Ter	Detached	$630,000	3	2.5	1966	4
939 Devon Ln	Detached	$730,000	3	2	2249	80
2190 Fernwood Circle	Detached	$735,000	5	3	2507	15
1202 Spruce St	Detached	$850,000	2	2.5	1706	3
17377 Margorie Ave	Detached	$914,800	4	3	2651	20
17291 Cedar Rd	Detached	$1,149,999	5	4.5	2872	9
17244 Fernwood Dr	Detached	$1,150,000	4	2.5	2617	23
4360 West Bay Rd	Detached	$1,185,000	4	3	2636	3
5786 Washington Ct	Detached	$1,199,000	4	3	3186	6
165 Furnace St	Condo	$1,299,999	2	2.5	2023	39
2211 Fernwood Circle	Detached	$1,595,000	5	3	3431	17
13615 Westlake Dr	Detached	$1,599,000	4	4.5	4396	67
2420 Palisades Crest Dr	Detached	$1,599,900	4	2.5	3583	5

Closed/Sold Aug 29-Sept 4, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
40 Crestfield Ct	Condo	$200,000	$225,000	690	2
45 Eagle Crest Dr #415	Condo	$240,000	$239,000	1056	45
4061 Jefferson Pkwy	Condo	$425,000	$352,000	1462	152
3822 Botticelli St	Condo	$344,900	$371,000	1171	5
5055 Foothills Dr G	Condo	$429,900	$429,900	1,252	10
3930 Carman Dr	Condo	$439,000	$439,000	1146	29
4363 Woodside Circle	Attached	$581,950	$581,950	1532	63
439 Livingood Ln	Detached	$814,000	$815,000	2540	6
2 Yorkick	Detached	$975,000	$895,500	2979	3
4618 Auburn Ln	Attached	$895,000	$898,500	2732	3
12843 Sierra Vista Dr	Detached	$998,900	$1,060,000	2810	2
346 Lake Bay Ct	Detached	$1,075,000	$1,100,000	1900	3
4996 Cascara Ln	Detached	$1,245,000	$1,155,000	3106	25
754 5th St	Detached	$1,298,000	$1,175,000	2179	7
1131 Northshore Rd	Detached	$2,100,000	$2,100,000	3850	2
732 2nd St	Detached	$2,399,000	$2,150,000	3547	32
489 8th St	Detached	$2,100,000	$2,150,000	3648	5
17527 Kelok Rd	Detached	$2,150,000	$2,285,000	4664	10