Dianne Gregoire, Author at Property Blotter

December 21, 2023

Market Activity Dec 11-17, 2023

Last week in Lake Oswego 6 new listings came onto the market, one of which sold quickly and appears in this report as a pending sale. 9 properties accepted offers and moved to pending status. 9 properties sold/closed so that 9 families could move in before Christmas.

See below for RMLS data.

New on the Market Dec 11-17, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
3433 McNary Pkwy #407	Condo	$275,000	2	2	1008
869 10th St	Detached	$849,900	2	1	1220
6040 Lakeview Blvd	Detached	$1,349,000	5	3	3701
5320 Childs Rd	Detached	$2,100,000	6	3	4765
2121 Wembley Park Rd	Detached	$2,999,900	5	5.5	5025

Pending Sales Dec 11-17, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
4 Touchstone #128	Condo	$250,000	3	2.5	1350	18
11 Oswego #11	Condo	$314,800	2	2	1241	26
4089 Jefferson Pkwy	Condo	$384,900	2	2.5	1361	140
2031 Bonniebrae Dr	Attached	$479,000	3	2	1611	119
16237 Lake Forest Blvd	Detached	$525,000	3	1	1132	8
6 The Grotto	Detached	$550,000	3	2	1381	9
16211 Inverurie Rd	Detached	$699,900	3	2.5	1819	2
4740 Lamont Ct	Detached	$799,900	3	2	1776	52
12 Independence Ave	Detached	$839,500	4	4	2992	16

Sold/Closed Dec 11-17, 2023

Address	Type	List Price	Sold Price	Sq Feet	CDOM
45 Eagle Crest Dr #402	Condo	$279,000	$220,000	768	71
159 Oswego Summit	Condo	$395,000	$320,000	1506	218
16131 Lindsay Ct	Detached	$680,000	$680,000	1832	28
2979 Dellwood Dr	Detached	$939,000	$750,000	3216	144
13990 Shireva Ct	Detached	$789,000	$755,000	1702	19
1 Creekside Terr	Detached	$1,185,000	$1,040,000	4230	42
4904 Parkhill St	Detached	$1,195,000	$1,200,000	3433	7
17393 Grandview Ct	Detached	$1,275,000	$1,243,548	3772	4
1120 Crestline Ct	Detached	$4,950,000	$4,350,000	6440	101

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.

December 10, 2023

Shop Local and Support Local Artists

The Arts Council of Lake Oswego has set up a holiday market place where you will find beautiful arts and crafts for sale. Ceramics, jewelry, ornaments, cards, candles, soaps, textiles and more can be found at the ARTspace, 380 A Avenue, Suite A. Hours are Tuesday thru Friday from 10 to 5.

There are 28 artists participating, with 2 featured artists. Janl Pahl does encaustic paintings that capture the beauty of the natural world. LeBrie Rich is a felt artist. She has created felting kits that make it easy for anyone to explore the art of felting.

The Holiday Market Place runs through December 23rd.

Another option is participating in the Holiday Savings Pass. Sponsored by the Lake Oswego and West Linn Business Recovery Center and the local Chambers, the Wander Willamette’s mobile BE LOCAL Holiday Savings Pass can be picked up at www.wanderwillamette.com/holidaypass. Simply check in and start enjoying savings at local businesses.

What a great way to support the local community by spending your holiday dollars right in your own neighborhood.

As always, thank you for reading the blotter.

Dianne

December 7, 2023

Market Activity Nov 27-Dec 3, 2023

I’m going to start this market activity report with some good news. According to the Mortgage Bankers Association, home purchase mortgage applications have gone up 35% in recent weeks. That’s a huge jump and unusual for this time of year.

Here on a local level, last week in Lake Oswego there were 4 new listings, 7 properties that moved to pending status, and 17 sold/closed sales. Something tells me that there are moving trucks arriving in LO this week with holiday trees tied to their roofs.

See below for RMLS data.

New on the Market Nov 27-Dec 3, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
4 Touchstone #106	Condo	$259,000	2	2	984
4 Touchstone #119	Condo	$318,900	3	2.5	1351
3433 McNary Pkwy #108	Condo	$391,900	3	2	1344
12 Independence Ave	Detached	$839,500	4	4	2994

Pending Nove 27-Dec 3, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
4621 Lakeview Blvd C3	Condo	$329,900	2	2	1178	12
159 Oswego Summit	Condo	$350,000	2	2	1506	218
12844 Boonesferry Rd #117	Condo	$475,000	2	2.5	1191	76
5270 Red Leaf St	Detached	$675,000	3	2	1330	47
5222 Rosewood St	Detached	$800,000	3	2.5	2414	113
4845 Upper Dr	Detached	$1,249,000	5	3	2879	50
55309 Denton Dr	Detached	$1,620,000	4	3.5	3626	26

Sold/Closed Nov 27-Dec 3, 2023

Address	Type	List Price	Closed Price	Sq Feet	CDOM
96 Oswego Summit	Condo	$219,900	$240,000	964	6
4093 Jefferson Pkwy	Condo	$460,000	$410,000	1403	48
21019 Bonniebrae Dr	Attached	$525,000	$510,000	1539	18
4510 Lower Dr B1	Condo	$555,000	$515,000	1729	42
668 McVey Ave #57	Condo	$625,000	$515,500	992	242
1206 Cedar St	Detached	$775,000	$725,000	1426	15
1600 Woodland Ter	Detached	$779,000	$780,000	1699	3
5311 Childs Rd	Detached	$849,500	$795,000	1929	124
13851 Verte Ct	Detached	$939,000	$925,000	2925	15
10 Sherwood Ct	Detached	$949,000	$949,000	3289	2
7 Grouse Ter	Detached	$935,000	$1,050,000	2516	3
14584 Pfeifer Way	Detached	$1,250,000	$1,176,000	2647	14
1050 Atwater Rd	Detached	$1,375,000	$1,350,000	3052	0
3600 Upper Dr	Detached	$1,999,950	$1,850,000	3771	195
541 6th St	Detached	$2,400,000	$2,400,000	3559	0
13799 Atwater Ln	Detached	$3,995,000	$3,800,000	4700	102
128 Northshore Cir	Detached	$4,695,000	$4,000,000	3501	148

November 26, 2023

Market Activity Nov 13-19, 2023

Last week in Lake Oswego we had 4 new listings, one of which sold quickly and appears in this report as a pending sale. We had 11 properties move to pending status, and 15 closed sales.

Yes, this time of year is slower as compared to the spring and summer, but real estate still happens. This is because life still happens. Babies are born and people need a larger house. Job changes happen and people need to relocate. So if you are in a situation where you need to make a move now, please reach out to Linda or to myself. We’d love to help you.

See below for RMLS data.

New on the Market Nov 13-19, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
4621 Lakeview Blvd	Condo	$329,900	2	2	1178
529 8th St	Detached	$2,400,000	4	3.5	3569
4965 Park Bluff Pl	Detached	$2,595,000	5	4.5	4568

Pending Nov 13-19, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
86 Kingsgate Rd #22	Condo	$299,500	2	2	924	125
5053 Foothills Dr A	Condo	$445,000	3	2	1252	19
2019 Bonniebrae Dr	Attached	$525,000	3	2	1539	18
16131 Lindsay Ct	Detached	$680,000	4	2.5	1832	28
1525 Ivy Ct	Detached	$739,000	4	2.5	2163	116
5311 Childs Rd	Detached	$819,500	4	2.5	1929	124
1 Creekside Terr	Detached	$1,095,000	5	4	4230	42
4904 Parkhill St	Detached	$1,195,000	4	2.5	3433	7
17393 Grandview Ct	Detached	$1,275,000	4	3.5	3772	4
4974 Cascara Ln	Detached	$1,285,000	4	2.5	3476	2
3232 Lakeview Blvd	Detached	$6,000,000	4	5.5	8170	424

Sold/Closed Nov 13-19, 2023

Address	Type	List Price	Sold Price	Sq Feet	CDOM
3433 McNary Pkwy #601	Condo	$325,000	$325,000	1285	20
480 S State St	Condo	$480,000	$370,000	1659	185
5225 Jean Rd 307	Condo	$425,000	$420,000	1100	185
15930 Waluga Dr	Detached	$599,900	$570,000	1040	22
16266 Parker Rd	Detached	$849,900	$698,000	2014	94
12 Morningview Ln	Attached	$815,000	$765,000	2730	51
2400 Park Rd	Detached	$875,000	$850,000	1962	32
17144 Warren Ct	Detached	$999,000	$950,000	2804	6
14210 Amberwood Circle	Detached	$1,200,000	$1,145,000	3391	30
17292 Cedar Rd	Detached	$1,400,000	$1,400,000	1400	79
17787 Crestline Dr	Detached	$1,495,000	$1,491,375	3362	3
18499 Old River Dr	Detached	$1,749,000	$1,543,950	4217	130
504 8th St	Detached	$1,675,000	$1,665,000	2858	5
19777 Sycamore Ave	Detached	$3,499,000	$2,250,000	4432	110
1101 Crestline Ct	Detached	$3,299,000	$3,135,000	7229	52

November 22, 2023November 21, 2023

Happiest of Thanksgivings to You

Thanksgiving is, for me, hands down my favorite holiday. It’s so simple. Friends, family, and pausing to give thanks for the bounty that is our lives. Not overly commercialized. Not about “stuff”, but about the basics of what is really important in life.

Linda and I want to wish many blessings upon you and your family this Thanksgiving. Enjoy the turkey, the stuffing, and the pumpkin pie. But, mostly, enjoy your family and your friends. Happiest of Thanksgiving to you and yours.

Dianne

November 11, 2023November 8, 2023

The Season of Giving

There is a huge misconception about Lake Oswego. Yes, there are very affluent people and multi-million dollar homes, but there are also those on food stamps and living in homeless shelters (Lake Oswego has two). As a Girl Scout Troop Leader for about 12 years I met and interacted with a lot of families. I know first hand that people and families need help in this town. With the holidays fast approaching, this is a good time, if you are able, to do something kind for someone who is less fortunate. Lake Oswego has numerous ways that you can spread holiday cheer.

Family donating gifts and toys to charity for Christmas holiday

Fill a Stocking, Fill a Heart

Swing by either City Hall (380 A Ave) or the Adult Community Center (505 G Ave) and pick up a stocking. Then fill it with needed items and return it to City Hall by December 6th.

New/Coats/Hats/Gloves/Socks

Purchase and drop these items off at The Adult Community Center (505 G Ave), the LO Fire Station (300 B Ave), or the LO Library (706 Fourth St) by December 8th

Toy Drive

By December 15th drop off new, unwrapped, toys at the Fire Station (300 B Ave) or the LO Library (706 Fourth St)

Food Donations

All year you can drop off non-perishable food and essential hygiene items at the LO Library (706 Fourth St), the LO Fire Station (300 B Ave), or at Hunger Fighters of Oregon (4 Monroe Parkway).

Gift Cards

Gift cards to places like Fred Meyer, Target, Walmart, Amazon, Safeway, etc, can be dropped off at the LO Library (706 Fourth St), anytime between November 15th and December 10th. These gift cards will go to Clackamas County Women’s Services.

Food and Toy Drive, Drive-Thru Event

December 9th, 10am to noon, this event is hosted by The Rotary Club of Lake Oswego and the LO Fire Department. It will occur at the main fire station (300 B Ave). Food should be non-perishable. Toys should be new and unwrapped. Toy donations will be distributed throughout the local area, including in Lake Oswego, by the Tualatin Valley Elks Clubs. Food will go to Hunger Fighters of Oregon.

For me, while I love the holidays, this time of year becomes much more enjoyable when I participate in helping others. Even though the gift goes to someone else, it brings me joy. My gift to them is also a gift to me.

Thank you for reading the blotter.

Dianne

November 8, 2023November 8, 2023

Market Activity Oct 30-Nov 5, 2023

There is always a burst of buying activity about a month before Christmas as people rush to get into their new home before the Holidays. That is certainly reflected is last week’s sales in Lake Oswego. 21 properties received accepted offers and went into pending status. That is about twice what we have been averaging this fall. There were also 11 new listings, 2 of which sold quickly and appear as pending properties in this report. Finishing the statistics, there were 15 closed sales. Those folks will be in their new homes by Thanksgiving.

See below for RMLS data.

New Listings Oct 30-Nov 5, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
96 Oswego Summit	Condo	$219,900	1	1	964
5053 Foothills Dr A	Condo	$445,000	3	2	1252
26 Greenridge Ct	Attached	$467,000	3	2.5	1996
13990 Shireva Ct	Detached	$789,000	3	2	1702
875 Palisades Terrace Dr	Detached	$929,500	4	3	2181
322 2nd St	Attached	$1,250,000	3	3.5	1974
5527 Childs Rd	Attached	$1,399,900	4	3	2982
1959 Wembley Pl	Detached	$1,595,000	4	3.5	2922
5309 Denton Dr	Detached	$1,620,000	4	3.5	3626

Pending Sales Oct 30-Nov 5, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
45 Eagle Crest Dr #208	Condo	$219,900	2	2	1046	14
248 Ridgeway Rd	Condo	$345,000	1	1	753	155
3672 Spring Ln	Condo	$439,900	2	2	1117	8
51 Greenridge Ct	Attached	$475,000	2	2	1348	7
12802 Boones Ferry Rd	Condo	$479,900	3	2.5	1182	8
58 Condolea Terr	Condo	$669,000	3	3	2958	111
31 Churchill Downs	Detached	$775,000	6	4.5	3794	47
1600 Woodland Terr	Detached	$779,000	3	2	1699	3
8 Hotspur St	Detached	$799,999	3	2.5	1966	54
2979 Dellwood Dr	Detached	$850,000	4	3	3216	144
16020 Kimball St	Detached	$899,000	5	3.5	2426	42
7 Grouse Terr	Detached	$935,000	3	2.5	2516	3
14210 Amberwood Cir	Detached	$1,150,000	4	3	3391	30
915 Cedar St	Detached	$1,645,000	4	3.5	3219	26
21 D Ave #14	Condo	$2,046,800	2	2.5	2198	0
1808 Ridge Pointe Dr	Detached	$2,199,000	4	3.5	4860	129
2275 Glen Haven Rd	Detached	$2,269,900	4	4	4109	87
19777 Sycamore Ave	Detached	$2,595,000	4	4.5+.5	4432	110
1101 Crestline Ct	Detached	$3,150,000	4.5+.5	7226	52
13799 Atwater Ln	Detached	$3,995,000	3	4	4700	31
128 Northshore Cir	Detached	$4,295,000	4	3.5	3501	46

Sold/Closed Oct 30-Nov 5, 2023

Address	Type	List Price	Sold Price	Sq Feet	CDOM
54 Cervantes Cir	Condo	$280,000	$279,500	912	5
3433 McNary Pkwy #503	Condo	$318,000	$318,000	1134	2
207 Oswego Summit	Condo	$390,000	$375,000	1497	17
5225 Jean Rd #106	Condo	$400,000	$405,000	1400	29
4121 Hedge Nettle Ct	Detached	$849,900	$796,999	2307	111
15911 Fir Grove Ct	Detached	$915,000	$865,000	2584	172
14205 Edenberry Dr	Detached	$1,150,000	$1,005,000	3219	16
63 Garibaldi St	Detached	$1,250,000	$1,010,000	4223	112
1633 Maple St	Detached	$1,445,000	$1,062,422	3448	194
233 E Ave	Detached	$1,400,000	$1,220,000	1150	12
1125 Northshore Rd	Detached	$1,495,000	$1,250,000	1589	32
5031 Laurel St	Detached	$1,549,000	$1,349,000	3169	805
611 Ridgeway Rd	Detached	$2,139,000	$2,050,000	4847	96
975 Englewood Dr	Detached	$3,995,000	$3,950,000	5980	70
3648 Lakeview Blvd	Detached	$5,500,000	$4,900,000	4000	67

October 28, 2023October 28, 2023

Where Did the Lake Go?

If you have driven anywhere near the lake in the last week or so you can not have helped but notice that the water level is down significantly. So what’s up?

Every 3 years the water level for the lake is dropped about 10 feet. This allows people who live on the lake to repair their sea walls, boat houses, and docks. It also allows maintenance to be done for the sewer lines that run along the bottom of the lake. This year a large section in Blue Heron canal is being almost completely replaced.

The drawdown starts in mid October and ends in early December. Then the lake is refilled by rainfall through the winter.

I will also say that, from my experience, it does and nice job of cleaning up the water quality. The lake is prone to grasses and algae and that sort of thing. The summer after a drawdown, swimming in the lake is much nicer than it is the summer before a drawdown.

So it’s all good. The lake will be full in time for the nice spring weather.

I hope you have found this information useful.

Dianne

October 27, 2023October 27, 2023

Market Activity Oct 16-22, 2023

Lake week in Lake Oswego we had 9 properties come onto the market. 2 of those sold quickly and appear in this report as pending sales. We had 10 properties move to pending status and 14 closed sales.

See below for RMLS data.

New on the Market Oct 16-22, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet
45 Eagle Crest Dr #208	Condo	$219,900	2	2	1046
16131 Lindsay Ct	Detached	$680,000	4	2.5	1832
4740 Lamont Ct	Detached	$825,000	3	2	1776
19025 Indian Springs Cir	Detached	$889,950	4	2.5	1811
18368 Tamaway Dr	Detached	$1,150,000	4	3	3741
364 Northshore Rd	Detached	$1,795,000	3	2	2066
399 Furnace St	Condo	$3,500,000	3	3.5	4072

Pending Sales Oct 16-22, 2023

Address	Type	Price	Bedrooms	Baths	Sq Feet	DOM
54 Cervantes Cir	Condo	$280,000	2	1.5	912	5
3433 McNary Pkwy #503	Condo	$318,000	2	1.5	1136	2
480 S State St	Condo	$375,000	3	2	1659	185
207 Oswego	Condo	$390,000	2	2	1497	17
3672 Spring Ln	Condo	$439,900	2	2	1117	20
15290 Quarry Rd	Detached	$475,000	3	1	990	94
5733 Kimball Ct	Detached	$659,000	4	2	1346	59
10 Sherwood Ct	Detached	$949,000	4	3.5	3289	2
3460 Lake Grove Ave	Detached	$1,498,000	3	2	1673	30
1101 Crestline Ct	Detached	$3,299,000	4	4.5+.5	7226	42

Sold/Closed Oct 16-22, 2023

Address	Type	List Price	Sold Price	Sq Feet	CDOM
4 Touchstone #65	Condo	$320,000	$310,000	1351	53
2818 Poplar Way	Detached	$550,000	$435,000	1056	34
5054 Foothills Dr A	Condo	$445,000	$445,000	1252	34
15370 Twin Fir Rd	Detached	$560,000	$560,000	1546	8
5053 W Sunset Dr	Attached	$595,000	$590,000	1720	29
545 Hemlock St	Detached	$669,900	$650,000	984	4
18351 Wood Thrush Way	Detached	$690,000	$690,000	1762	4
16 Walking Woods Dr	Detached	$779,000	$762,866	2897	109
1481 Greentree Cir	Detached	$875,000	$867,000	2704	80
11 El Greco St	Detached	$899,000	$892,000	2444	2
2834 Glenmorrie Dr	Detached	$895,000	$927,000	2459	3
885 Lake Forest Dr	Detached	$1,100,000	$937,000	2206	45
4353 Snowbrush Ct	Detached	$1,500,000	$1,375,000	3808	48
17173 Cedar Rd	Detached	$1,900,000	$1,725,000	3996	236

October 15, 2023October 15, 2023

Return on Investment: Your Yard

People certainly think about doing improvements to get their house ready to sell. Here at the blotter both Linda and I have written about what to expect from the money you spend and that the highest rates of return are, currently, on front doors and garage doors. You’ll get more out of those improvements than it costs to do them. However, I don’t think that we’ve talked about the return on investment for your yard. As it turns out, it’s quite good and certainly worth doing.

According to the National Association of Realtor, there are 5 outdoor projects that pay of the most.

Standard lawn care service. Complete 6 standard applications of fertililzer and weed control on a 5,000 square foot lawn. Estimated cost = $415. Estimated return = $900
Landscape maintenance. Mulch, mow, prune shrubs and plant about 60 annuals or perennials. Estimated cost = $4800. Estimated return = $5000.
Outdoor kitchen. Install or inset grill, stainless steel drawers, ice chest sink, and concrete countertop with veneered masonry stone. Estimated cost = $15,000. Estimated return = $15,000.
Overall landscape upgrade. Install front walkway of natural flagstone, add two stone planters, five flowering shrubs and a 15 foot tall tree. Estimated cost = $9000. Estimated return = $9000.
New patio. Install a 18′ x 16′ concrete paver patio. Estimated cost = $10,500. Estimated return = $10,000.

There is also a lot to be said about doing your own weeding, watering, and bark dusting. This is labor intensive, but something many homeowners can do themselves. I think that the basic premise is that the more move-in-ready a house feels, the more appealing it will be to potential buyers.

I will also caution that there is a segment of the buying population who is intimidated by an overly elaborate garden. They know that it looks too labor intensive and will pass on a house that they don’t feel that they can maintain. So, yes, topiaries of the seven dwarfs is probably not a good idea.

Personally, outdoor spaces a super important to me. That patio that costs $10,500 but only returns $10,000, in my opinion, is pretty essential. Without a place to put some chairs and a barbeque, a yard becomes unusable. That patio, or a deck, is essential.

I hope that you have found this information useful. Happy gardening.

Dianne