Author: Linda Rossi

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Market Activity Report ~ May 24-30, 2010

Happy June to all of our Property Blotter readers! I hope that you enjoyed your holiday weekend, and that a moment was spent in remembering those who have given so much for each of us. Many of us were out enjoying the sunshine & exploring the properties on the market with our clients. I waited till today to post this report so as to hopefully make sure that all transactions have been updated after the long weekend. Lockbox activity appears to still be high. It will be interesting to see the statistics once they’re available for this holiday period.

There were 16 New properties entering the market, 14 going to Pending status, and 12 Sold during last week’s Monday – Sunday period according to RMLS.

Here’ your weekly update (see below the tables for additional notes):

NEWLY LISTED (May 24—30, 2010)

Address List Price Prop Type # Beds Total Baths Total SF List Date
6927 MONTAUK CIR $139,000 CONDO 2 1 968 5/27/2010
54 CERVANTES CIR $159,000 CONDO 2 1.1 912 5/29/2010
1400 BONNIEBRAE DR $183,500 ATTACHD 2 1 864 5/25/2010
750 1ST ST $185,000 ATTACHD 1 1 986 5/25/2010
12 POLONIUS ST $246,600 DETACHD 4 2.1 3275 5/25/2010
4902 CHILDS RD $315,000 DETACHD 3 1.1 1370 5/27/2010
4664 FIRWOOD RD $379,900 DETACHD 3 2 1640 5/27/2010
864 6TH ST $399,000 DETACHD 5 2.1 2403 5/24/2010
18667 PILKINGTON RD $399,999 DETACHD 4 2.1 2512 5/25/2010
17460 SCHALIT WAY $418,900 DETACHD 4 3 2197 5/28/2010
12 ABELARD ST $420,000 DETACHD 4 2.5 2344 5/27/2010
4500 GALEWOOD ST $475,000 DETACHD 2 3 2408 5/24/2010
975 SOUTHSHORE BLVD $479,900 DETACHD 3 2.1 2118 5/24/2010
5 CELLINI CT $735,000 DETACHD 5 3.1 4895 5/28/2010
1340 CHERRY LN $1,348,888 DETACHD 4 4.2 5922 5/27/2010
3151 DOUGLAS CIR $1,349,000 DETACHD 5 4.2 4400 5/28/2010

PENDING SALES (May 24-30, 2010)

Address List Price # Beds # Baths Total SF Style CDOM
4000 CARMAN DR $99,900 2 2 836 CONDO 77
4610 LAMONT WAY $247,500 3 2 1750 DETACHD 17
3485 DEVONSHIRE DR $264,900 3 2.1 1556 ATTACHD 16
18620 INDIAN CREEK DR $379,900 3 2 2022 DETACHD 30
12748 SW 22ND AVE $425,000 4 2.1 2584 DETACHD 310
1642 HIGHLAND DR $429,000 4 3 2234 DETACHD 44
18893 INDIAN SPRINGS CIR $439,000 4 3 2841 DETACHD 3
12 DA VINCI ST $444,900 4 3 3078 DETACHD 64
15266 CANDLEWOOD CT $464,988 4 2.1 2569 DETACHD 88
19288 SW Megly CT $579,900 5 3 3594 DETACHD 149
14158 EDENBERRY DR $729,000 3 2.1 3205 DETACHD 2
19000 BRYANT RD $965,000 5 3.1 5874 DETACHD 3
670 IRON MOUNTAIN BLVD $1,057,000 4 3.2 5208 DETACHD 555
13081 KNAUS RD $1,795,000 5 2.1 3269 DETACHD 58

SOLD (May 24-30, 2010)

Address O/Price Close Price # Beds # Baths Total SF Style CDOM
200 BURNHAM RD $268,000 $159,000 2 2 1313 CONDO 674
5341 CHINOOK CT $274,900 $240,000 3 2 1120 DETACHD 598
5055 Foothills DR $274,900 $245,000 3 2 1279 CONDO 73
15 BRITTEN CT $274,999 $250,000 3 2.1 1973 ATTACHD 13
5354 LOWER DR $260,500 $250,000 2 1 1201 DETACHD 96
666 3RD ST $299,900 $299,900 3 1.1 1759 DETACHD 7
1921 Park Forest CT $485,000 $415,000 3 2.1 2554 DETACHD 564
14377 CAMDEN LN $499,900 $492,500 4 2.1 2530 DETACHD 2
15837 ALLISON PL $529,000 $510,000 4 2.1 3534 DETACHD 1216
17879 HILLSIDE DR $589,900 $560,000 3 3 3049 DETACHD 187
17443 CANAL CIR $875,000 $750,000 4 3.1 2344 DETACHD 45
19175 EASTSIDE RD $900,000 $764,000 5 4.1 5263 DETACHD 86

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.

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News & Notes

The City of Lake Oswego is mourning the unexpected passing of it’s beloved Police Chief, Dan Duncan. There will be a memorial service June 4th, 1:00PM at the Rolling Hills Community Church.  Flags in the city will be at half-mast from now until that date.  His family has set up a Memorial Site with photos and information. Well-wishers may leave messages there for them.

The Willamette Shore Trolley is up & running! This has been one of my favorite things to do with visitors to Lake Oswego for many, many years.  I have photos of beloved family members and I enjoying the ride to & from Portland that I will always cherish.  Make your own memories as the train winds along the waterfront & through the trees & neighborhoods that line this historic passage between the two cities.  This route is also the one being considered for a possible streetcar!   For a schedule of times & fares call 503 697 7436, or visit the Website.

The latest Market Activity Report for Portland Metro produced by RMLS shows the following data:

  • Comparing April 2010 with April 2009:  Closed Sales increased 49.1%, and Pending Sales rose 60.8% with New Listings going up by 23.8%
  • When comparing April 2010 with March 2010, the average sale price rose just 0.6%
  • Comparing January – April 2010 with the same period in 2009, Closed Sales increased 41.4%, with Pending Sales rising by 46.3% and New Listings by 15.4%
  • April’s Total Market Time for Portland Metro was: 127 days
  • Lake Oswego and West Linn’s Total Market Time was: 147 days
  • Lake Oswego and West Linn’s Average Sales Price (RMLS lumps the two areas together) was $502,800.
  • Lake Oswego and West Linn posted 101 Closed Sales in April with 1066 Active Listings
  • Lake Oswego and West Linn saw a 113.8% increase in Pending Sales April 2010 compared to April 2009
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Lake Oswego Open Houses ~ Sunday, June 13, 2010

Enjoy this gorgeous Rose Festival Weekend, and add Home Shopping to your agenda with 33 properties open for your viewing pleasure on Sunday.

Here are the Open Houses according to RMLS:

Address L/Price # Beds # Baths Total SF Prop Type Time
1684 BOCA RATAN DR $248,900 3 2 1611 TWNHSE 1-3PM
19167 LONGFELLOW AVE $269,000 3 2.1 1782 DETACHD 1-6PM
16711 MELLON AVE $309,900 3 2 1346 DETACHD 1-3PM
18238 TERRY AVE $350,000 3 2.1 1604 DETACHD 12-2PM
5160 TUALATA LN $354,900 3 2 1470 DETACHD 1:30-4PM
5160 TUALATA LN $354,900 3 2 1470 DETACHD 1:30-4PM
5324 LOWER DR $370,000 3 2.1 2034 DETACHD 12-2PM
19026 INDIAN SPRINGS RD $385,000 5 3 2471 DETACHD 10AM-2PM
5827 BONITA RD $399,900 3 2 1771 DETACHD 2-4PM
5364 ROSEWOOD ST $401,500 4 2.1 1980 DETACHD 1-3PM
17460 SCHALIT WAY $418,900 4 3 2197 DETACHD 1-4PM
2697 LOOKOUT CT $429,000 3 2 2219 DETACHD 10-11:30AM
662 CLARA CT $429,900 3 3 2740 DETACHD 4-6PM
1462 GREENTREE CIR $435,000 4 2.1 2507 DETACHD 1-4PM
1970 GREENTREE RD $450,000 4 3 2428 DETACHD 1-4PM
2705 ORCHARD HILL LN $469,900 4 2.1 2841 DETACHD 1-4PM
17640 TREETOP WAY $498,900 4 3 2718 DETACHD 2:30-4PM
5008 HAMPTON CT $529,000 3 2.1 2346 DETACHD 12-2PM
19415 SW DOGWOOD CT $539,900 5 3 3517 DETACHD 12-5PM
19451 SW DOGWOOD CT $559,900 6 3 3547 DETACHD 12-5PM
33 MORNINGVIEW CIR $574,900 3 2.1 2737 DETACHD 2-4PM
4070 VIRGINIA WAY $725,000 3 2.1 3510 DETACHD 1-3PM
5 CELLINI CT $735,000 5 3.1 4895 DETACHD 1-3PM
1930 INDIAN TRL $829,500 3 3 3260 DETACHD 1-3PM
3030 WESTVIEW CT $844,500 4 2.1 3415 DETACHD 11-1PM
18209 SIENA DR $1,178,950 5 3.1 3839 DETACHD 12-2PM
18143 SIENA DR $1,197,000 5 4.1 4152 DETACHD 21-2PM
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 21-2PM
2569 GLEN EAGLES PL $1,349,000 5 4.2 4591 DETACHD 1-4PM
4700 SW DOGWOOD DR $1,499,900 5 3.1 5401 DETACHD 2:30-4PM
1790 Skyland DR $1,599,000 5 4.1 6033 DETACHD 1-3PM
14242 BRIDGE CT $1,999,950 5 4.2 6139 DETACHD 2-4PM
2572 GLEN EAGLES PL $2,285,000 5 4.2 6490 DETACHD 1-3PM
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News & Notes

Real Estate News ~

Have a wood stove?  Planning to buy or sell a home with one? Note that beginning August 1st, 2010, in an effort to control emissions from smoke, when selling a home you will be required to remove the wood stove if it is “uncertified” by the DEQ.  Here is a link for more information: Woodstoves in Oregon

Greece and Mortgage Rates – MBS Quoteline reports: ” Despite stronger than expected economic data, the financial situation in Greece held the greatest influence on mortgage rates this week. A flight to quality and prospects of slower economic growth in Europe were favorable for mortgage markets and negative for the stock market, and mortgage rates ended the week lower.”

Current Mortgage Rates and Mortgage Insurance Updates – According to Pat Goodell of Academy Mortgage:

  • “Some of the Mortgage Insurance companies have gone to tiered pricing based on credit scores which is good news to those with good credit scores.  Mortgage insurance companies also will now allow “up front mortgage insurance” (in lieu of monthly mortgage insurance) to be paid by the seller.  The potential advantage of this is that the seller can pay the up front mortgage insurance as part of any allowable closing costs that a buyer might negotiate for a seller to pay.  Then the buyer has no mortgage insurance premium to pay as part of their mortgage – this may or may not be an advantage to the buyer depending on their situation; but it does help for qualifying by reducing their monthly mortgage payment.  There are qualifying parameters for this option and the lender also has to approve this option as well.”
  • “Interest rates are holding steady now with the 30-yr fixed still hovering around 5% — 30-yr fixed today is actually available at 4.875% with 0 pts, depending on the buyer’s qualifications.”

    • Community Notes ~

    Farmers Market opens this Saturday, May 15th in Lake Oswego. (yay!)  This is the 10th Anniversary Celebration.  You can find the food  & fun at Millennium Plaza Park from 8:30AM – 1:30PM on Saturdays through October 9th.   Local musical group, Southern Nights, will perform from 10:30AM till 12:30PM at the kickoff, and the Bike Gallery will be there to check your kids’ helmets!

    May is Sustainability Action Month. Take advantage of these local events:

    • Free screening of the film Deep Green with local film-maker Matt Briggs. This is an insightful look at “uncovering the best people with the best solutions for “de-carbonizing energy and restoring the natural world.” It will be held Saturday evening, May 15th at 7:30Pm at the Lake Grove Presbyterian Church, 4040 Sunset Drive.  Bring your family and friends!
    • Get a good look at Lake Oswego’s Century Trees on the Century Tree Bike Ride, May 22nd.  The bike ride is hosted by the Planning Dept.’s Green Team, and more information can be had by contacting Laura Weigel at Lweigel@ci.oswego.or.us .

    Lake Oswego’s city council created the Sustainability Action Board (SAB) in 2008. For more information on sustainability, visit: The Sustainability Resource Page

    To Move or Not To Move / Lifestyle Options for Older Adults , an educational program for seniors and their families is designed to give information on housing options and resources in Lake Oswego.  You are invited to attend on May 16th, from 2:00PM to 5:00Pm at the Lake Oswego Adult Community Center, 505 G Avenue.

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    Market Activity Report ~ May 3-9, 2010

    There were 28 New properties entering the market, 10 going to Pending status, and 11 Sold during last week’s Monday – Sunday period according to RMLS.

    I notice a lot of nice condos & townhomes hitting the market- The one at Oswego Summit has been off the market for awhile & just came back on with a $25,000 drop in price… it’s a beautiful property. Also, of note: I included Greenwood because it just took a $200,000. drop in price. This is a short sale, and is a really unusual place… an old church I believe… nealy 4000 SF with all sorts of potential and lake views for $650,000. Glenmorrie is a bank-owned property on the Willamette River. Sitting on a .89 acre lot, the house needs some fixing but hey, it’s $519,750. It already has multiple offers as I understand it.

    Here’ your weekly update (see below the tables for additional notes):

    NEWLY LISTED (May 3—9, 2010)

    Address List Price Prop Type # Beds # Baths Total SF List Date
    4 TOUCHSTONE $129,000 CONDO 2 2 984 5/5/2010
    85 OSWEGO SMT $200,000 CONDO 2 2 1212 5/5/2010
    16250 PACIFIC HWY $229,900 CONDO 2 2 1305 5/3/2010
    4610 LAMONT WAY $247,500 DETACHD 3 2 1750 5/9/2010
    3485 DEVONSHIRE DR $264,900 ATTACHD 3 2.1 1556 5/8/2010
    666 3RD ST $299,900 DETACHD 3 1.1 1759 5/7/2010
    6301 ALYSSA TER $314,900 ATTACHD 3 2.1 1546 5/4/2010
    6317 ALYSSA TER $329,000 ATTACHD 3 2.1 1546 5/3/2010
    466 5TH ST $349,900 ATTACHD 2 1.2 1092 5/7/2010
    4313 ALBERT CIR $367,900 DETACHD 3 2 1790 5/6/2010
    5160 TUALATA LN $369,900 DETACHD 3 2 1470 5/3/2010
    5275 ROSEWOOD ST $379,000 DETACHD 4 2.1 2096 5/5/2010
    18591 WAXWING WAY $424,900 DETACHD 3 2.1 2145 5/3/2010
    5364 ROSEWOOD ST $425,000 DETACHD 4 2.1 1980 5/3/2010
    231 LAUREL ST $425,000 DETACHD 3 3 2244 5/9/2010
    1055 COUNTRY CLUB RD $449,000 DETACHD 2 2 2528 5/6/2010
    13455 AUBURN CT $449,950 ATTACHD 3 2.1 1892 5/3/2010
    5490 ROYAL OAKS DR $475,000 DETACHD 3 2 1761 5/4/2010
    6 CHURCHILL DOWNS $499,950 DETACHD 5 3.1 2922 5/5/2010
    3188 S GLENMORRIE DR $519,750 DETACHD 3 3 3066 5/6/2010
    40 MORNINGVIEW CIR $549,500 DETACHD 3 2.1 2164 5/9/2010
    5008 HAMPTON CT $594,000 DETACHD 4 2.1 2346 5/5/2010
    14 WESTMINSTER DR $599,900 DETACHD 4 3 2768 5/7/2010
    1158 BAYBERRY RD $649,000 DETACHD 4 4 2386 5/7/2010
    13991 CHELSEA DR $649,000 DETACHD 4 2.1 3357 5/5/2010
    156 GREENWOOD RD $650,000 DETACHD 2 2 3918 5/7/2010
    4123 CHAD DR $769,950 DETACHD 4 3.1 3836 5/5/2010
    620 CABANA LN $1,395,000 DETACHD 3 2.1 2417 5/3/2010

    PENDING SALES (May 3-9, 2010)

    Address List Price # Beds # Baths Total SF Prop Type CDOM
    109 OSWEGO SMT $144,900 2 2 1212 CONDO 47
    5051 FOOTHILLS DR $175,000 2 2 991 CONDO 248
    5 SUMMIT RIDGE CT $297,500 2 2.1 1576 ATTACHD 58
    4251 WOODSIDE CIR $305,950 3 2 2032 ATTACHD 48
    16969 ALDER CIR $329,900 3 2 1534 DETACHD 67
    454 5TH ST $335,000 2 1.1 1092 ATTACHD 156
    18640 TUALATA AVE $349,900 4 3 2076 DETACHD 77
    676 9TH ST $435,000 2 1 1850 DETACHD 259
    1436 GREENTREE CIR $474,000 4 2 3072 DETACHD 10
    610 9TH ST $975,000 4 3.1 3690 DETACHD 575

    SOLD (May 3-9, 2010)

    Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
    15200 BOONES WAY $175,000 $163,400 2 1.1 1248 CONDO 142
    210 Durham ST $199,900 $190,000 3 1.1 1318 CONDO 146
    17886 TUALATA AVE $415,000 $358,000 4 2 1994 DETACHD 218
    533 2ND ST $399,000 $399,000 2 2 1274 CONDO 42
    4002 TEMPEST DR $430,000 $430,000 4 3.1 4319 DETACHD 33
    5 EL GRECO ST $469,000 $489,000 4 2.1 2455 DETACHD 4
    4311 ORCHARD WAY $519,000 $515,000 4 2.1 2916 DETACHD 201
    5830 SUNBROOK DR $539,000 $520,000 5 2.1 2810 DETACHD 29
    17 SCARBOROUGH DR $579,900 $525,000 4 2.1 3290 DETACHD 24
    19203 SW Megly Ct $575,000 $569,900 5 3.1 3595 DETACHD 76
    749 SOUTHVIEW RD $899,000 $885,000 4 2.1 3052 DETACHD 4

    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.

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    Market Activity Report ~ April 26 – May 2, 2010

    Lake Oswego had 22 New properties enter the market, 26 go to Pending status, and 19 Sold during last week’s Monday – Sunday period according to RMLS. Sold Activity was up from the previous weeks (8 Sold last report, 11 the week prior, and 7 the week before that). This is possibly due to the last-minute push to get in under the tax credits timeline. Here’ your weekly update (see below the tables for additional notes):

    NEWLY LISTED (April 26—May 2, 2010)

    Address List Price # Beds # Baths Total SF Prop Type List Date
    100 KERR PKWY $129,900 2 1.1 868 CONDO 4/28/2010
    45 EAGLE CREST DR $145,000 1 1 768 CONDO 4/26/2010
    18963 SW LONGFELLOW AVE $319,900 3 1.1 1232 DETACHD 4/26/2010
    103 3RD ST $349,900 2 2 1006 CONDO 4/27/2010
    1751 ASPEN CT $359,000 3 2 1550 DETACHD 4/28/2010
    1480 HEMLOCK ST $399,900 4 3 2246 DETACHD 4/28/2010
    16 PARTRIDGE LN $419,000 3 2.1 2304 DETACHD 4/26/2010
    26 BRIARWOOD RD $429,000 4 2.2 2564 DETACHD 4/27/2010
    15860 BOONES WAY $429,000 3 2 2105 DETACHD 4/29/2010
    950 LAKE FRONT RD $439,000 3 2.1 2026 DETACHD 4/30/2010
    4954 MULHOLLAND DR $460,000 3 2.1 2498 ATTACHD 4/27/2010
    1436 GREENTREE CIR $474,000 4 2 3072 DETACHD 4/27/2010
    14158 KIMBERLY CIR $530,000 5 3 3648 DETACHD 4/30/2010
    9 WESTMINSTER DR $535,000 4 2.3 3814 DETACHD 5/1/2010
    5722 CHARLES CIR $599,900 4 2.1 2674 DETACHD 4/30/2010
    2475 MARYLVIEW CT $612,000 4 2.1 3049 DETACHD 4/29/2010
    17769 OVERLOOK CIR $659,900 5 3.1 3498 DETACHD 4/27/2010
    19125 35TH PL $920,000 4 4.1 5153 DETACHD 5/1/2010
    4912 FIRWOOD RD $999,900 4 4 5640 DETACHD 4/26/2010
    1115 NORTHSHORE RD $1,489,000 4 4.1 4330 DETACHD 4/26/2010
    1335 CHANDLER RD $1,699,000 3 2.1 3988 DETACHD 4/29/2010
    3530 LAKEVIEW BLVD $2,950,000 4 3.1 4200 DETACHD 4/28/2010

    PENDING SALES (April 26 – May 2, 2010)

    Address List Price # Beds # Baths Total SF Prop Type CDOM
    7 CRESTFIELD CT $78,000 1 1 689 CONDO 73
    38 CERVANTES CIR $99,900 2 1.1 912 CONDO 230
    12846 SW BOONES FERRY RD $189,999 2 2.1 1136 CONDO 532
    200 BURNHAM RD 169000 – 200000 2 2 1313 CONDO 674
    16250 PACIFIC HWY 189000 – 210000 3 2 1761 CONDO 210
    16200 PACIFIC HWY $239,000 2 2 1200 CONDO 208
    1694 FIRCREST CT $274,900 3 2.1 2015 DETACHD 127
    15148 QUARRY RD $279,000 3 2 1618 DETACHD 11
    2320 GLEN HAVEN RD $279,900 3 1.1 1346 DETACHD 54
    17141 SW BRYANT RD $349,000 3 2 1228 DETACHD 307
    15144 BOONES WAY $369,000 4 3.1 2194 DETACHD 8
    18620 INDIAN CREEK DR $379,900 3 2 2022 DETACHD 1
    13909 MAJESTIC CT $399,900 4 3 3250 DETACHD 51
    550 2ND ST $410,000 2 1.2 1520 ATTACHD 110
    17942 SAINT CLAIR DR $449,900 4 2.1 2391 DETACHD 139
    12409 SHELBY CT $449,900 3 2 2238 DETACHD 12
    5008 HARTFORD PL $463,900 4 3 3223 DETACHD 12
    15837 ALLISON PL $529,000 4 2.1 3534 DETACHD 1216
    13970 TAYLORS CREST LN $584,000 4 2.1 3371 DETACHD 45
    17879 HILLSIDE DR $584,900 3 3 3049 DETACHD 187
    19266 SW MEGLY CT $589,900 4 3 3575 DETACHD 49
    5774 BAY POINT DR $625,000 5 2.1 3674 DETACHD 4
    520 C AVE $745,000 4 4 3242 ATTACHD 125
    540 C AVE $749,000 4 3.1 3539 ATTACHD 188
    17443 CANAL CIR $875,000 4 3.1 2344 DETACHD 45
    356 9TH ST $1,125,000 4 3.1 3647 DETACHD 98

    SOLD (April 26- May 2, 2010)

    Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
    4 TOUCHSTONE $129,000 $125,000 2 2 984 CONDO 24
    1950 BONNIEBRAE DR $189,900 $170,000 2 1.1 1056 ATTACHD 91
    16149 PEARCY ST $229,900 $227,400 3 2 1250 DETACHD 17
    5373 LAKEVIEW BLVD $329,500 $299,000 3 1 2176 DETACHD 201
    1650 FIRCREST DR $325,000 $315,000 4 3 2384 DETACHD 537
    18156 PIONEER CT $367,300 $326,000 3 2 1558 DETACHD 27
    13707 REGENCY CT $399,000 $399,000 4 2.1 2006 DETACHD 18
    644 7TH ST $530,000 $410,000 3 2.1 1640 DETACHD 223
    13448 AUBURN CT $469,000 $455,000 3 2.1 2535 ATTACHD 131
    2650 LOOKOUT CT $495,000 $488,500 4 3.1 3480 DETACHD 8
    2545 DELLWOOD DR $579,000 $530,000 5 3.1 3843 DETACHD 948
    5783 VICTORIA CT $595,000 $550,000 3 2 2344 DETACHD 14
    4668 HASTINGS PL $574,900 $570,000 3 2.1 2630 DETACHD 0
    13315 HIDDEN BAY CT $729,000 $633,800 5 2.1 3671 DETACHD 151
    4113 WESTBAY RD $631,000 $635,100 2 3 2477 DETACHD 7
    1052 TROON RD $659,900 $659,900 3 2.1 2310 DETACHD 1
    18430 TAMAWAY DR $889,000 $876,600 4 2.2 3867 DETACHD 59
    616 CABANA LN $2,795,000 $2,150,000 5 4 3800 DETACHD 220
    1226 NORTHSHORE RD $6,150,000 $6,150,000 3 4.1 5544 DETACHD 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.

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    Lake Oswego Open Houses ~ May 2, 2010

    There are 17 homes opening their doors this Sunday in Lake Oswego.  No condos this time.  Two Advanced Real Estate Townhomes on 6th Avenue though (these are absolutely gorgeous high-end homes at amazing prices with no HOA fees… definitely worth a look).  Here are the properties to be held open according to RMLS:

    Address L/Price # Beds # Baths Total SF Prop Type Open
    18238 TERRY AVE $375,000 3 2.1 1604 DETACHD 12-2PM
    19242 TERRY AVE $395,000 4 2 1872 DETACHD 2-4PM
    32 CHURCHILL DOWNS $448,250 4 2.1 3016 DETACHD 2-4PM
    12409 SHELBY CT $449,900 3 2 2238 DETACHD 1-3PM
    4859 SAGE HEN WAY $459,000 4 3 2417 DETACHD 1-4PM
    73 TANGLEWOOD DR $499,500 4 3.1 4254 DETACHD 12-2PM
    17640 TREETOP WAY $524,995 4 3 2718 DETACHD 2:15-4:15PM
    33 MORNINGVIEW CIR $574,900 3 2.1 2737 DETACHD 2-4PM
    363 6TH ST $575,000 3 3.1 2258 TWNHME 1-4PM
    339 6TH ST $575,000 3 3.1 2258 TWNHME 1-4PM
    220 GREENWOOD RD $599,900 4 4 2639 DETACHD 2-4PM
    2475 MARYLVIEW CT $612,000 4 2.1 3049 DETACHD 1-3PM
    1015 SOUTHSHORE BLVD $773,000 4 3 3542 DETACHD 10:30AM-12PM
    18209 SIENA DR $1,178,950 5 3.1 3839 DETACHD 1-3PM
    1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 1-3PM
    18246 BELLA TERRA DR $1,294,000 4 3.1 4196 DETACHD 1-3PM
    18820 GREENBLUFF DR $1,495,000 4 4.1 5382 DETACHD 12-3PM
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    News & Notes

    Real Estate News ~

    House Set to Extend Rural Home Loan Guarantee Program – A unanimous vote by the House Financial Services Committee will send the Rural Housing and Stabilization Act of 2010 to the full House of Representatives where it is said that it has been fast tracked for a vote as early as next week.  Passing HR5017 will continue the availability of government guaranteed mortgages for rural home-buyers.  If passed it will correct section 502 of the Single family Housing Guaranteed Loan Program to make it self-funding. Section 502 assists home-buyers living in rural areas to obtain affordable mortgages guaranteed by USDA.  There has been great concern of late at announcements that there were no more funds for this program, so this is a welcome announcement for many. You must qualify credit-wise of course, and have reliable and adequate income.  The average guarantee in 2009 was for $112,000.

    Lock Box Activity – According to RMLS, when comparing the week of April 5th through April 11th with the week prior, the number of times a lock box was opened increased 33% in Washington and 26.6% in Oregon.  Spring is in the air!

    Community ~

    Shred Day! Bring your shred-able items in to the West End Building on May 1st & protect your identity while you recycle. Credit Cards, staples, paper clips and rubber bands are all said to be acceptable.  Up to three boxes per person will be accepted, and all are encouraged to bring cans of food to support the Oregon Food Bank.  10:00 AM till 1:00 PM or until the truck is full!

    I LOVE LOPR  Video Challenge – Lake Oswego Parks & Recreation is asking all those who love our parks to grab a camera and illustrate why!  Take a photo of your favorite event, your favorite park, your favorite park activity… the list is endless.  Details can be found HERE The list of prizes and sponsors is growing.  Sign up for the challenge, OR sign up to be a sponsor.

    Child Safety Seat Clinic – Come & make sure you know how to install your child’s safety seat property. This clinic will take place May 1st from 10:00 AM till 2:00 PM at 300 B Avenue/The Main Fire Station.  Each seat takes about 30 minutes to check.  Come and spend some time building peace of mind.

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    Market Activity Report ~ April 12 – 18, 2010

    Lake Oswego saw 21 New properties enter the market, 21 go to Pending status, and 11 Sold during last week’s Monday – Sunday period according to RMLS. Here’ your weekly update (see below the tables for additional notes):

    NEWLY LISTED (April 12—April 18, 2010)

    Address List Price # Beds # Baths Total SF Prop Type List Date
    4459 THUNDER VISTA LN $215,000 2 2.1 1,925 CONDO 4/18/2010
    15 BRITTEN CT $274,999 3 2.1 1,973 ATTACHD 4/12/2010
    15148 QUARRY RD $279,000 3 2 1,618 DETACHD 4/16/2010
    1005 SOUTHSHORE BLVD $289,900 3 2 2,196 DETACHD 4/16/2010
    1225 SPRUCE ST $299,900 3 1.1 1,288 DETACHD 4/16/2010
    6218 NOKOMIS CT $309,900 4 2 1,512 DETACHD 4/17/2010
    104 KINGSGATE RD $359,000 3 2.1 2,000 DETACHD 4/16/2010
    14433 HOLLY SPRINGS RD $384,950 4 2.1 1,939 DETACHD 4/12/2010
    4700 LOWER DR $409,900 3 2.1 1,587 DETACHD 4/12/2010
    1642 HIGHLAND DR $449,000 4 3 2,234 DETACHD 4/12/2010
    5008 HARTFORD PL $463,900 4 3 3,223 DETACHD 4/15/2010
    14371 SHERBROOK PL $479,900 4 2.1 2,550 DETACHD 4/16/2010
    2650 LOOKOUT CT $495,000 4 3.1 3,480 DETACHD 4/12/2010
    1570 Woodland TER $524,900 4 2.1 2,311 DETACHD 4/16/2010
    17573 BLUE HERON CT $584,000 4 3 2,396 DETACHD 4/14/2010
    4184 SUNSET DR $649,000 6 3 2,916 DETACHD 4/14/2010
    3210 FIR RIDGE RD $795,000 4 3.2 2,832 DETACHD 4/13/2010
    1176 TROON RD $859,000 3 2 3,022 DETACHD 4/16/2010
    12819 ALTO PARK RD $1,097,500 4 4.1 3,944 DETACHD 4/12/2010
    16777 PHANTOM BLUFF CT $1,250,000 4 2.2 5,102 DETACHD 4/15/2010
    1961 CHERYL CT $1,275,000 5 4.1 5,124 DETACHD 4/12/2010

    PENDING SALES (April 12 – April 18, 2010)

    Address List Price # Beds # Baths Total SF Prop Type CDOM
    96 CERVANTES CIR $129,900 2 1.1 912 CONDO 64
    750 1ST ST $185,000 2 2 1,350 CONDO 73
    16149 PEARCY ST $229,900 3 2 1,250 DETACHD 17
    211 OSWEGO SMT $229,900 2 2 1,506 CONDO 241
    5341 CHINOOK CT $249,700 3 2 1,120 DETACHD 598
    2764 GLEN HAVEN RD $294,900 3 1.1 1,352 DETACHD 10
    1818 COUNTRY CLUB RD $325,000 3 2 1,596 DETACHD 4
    4310 SILVER CT $339,000 2 3.1 1,996 CONDO 298
    17870 DEERBRUSH AVE $349,900 3 2.1 1,912 DETACHD 18
    5834 SEVILLE AVE $350,000 3 2 1,516 DETACHD 5
    18156 PIONEER CT $367,300 3 2 1,558 DETACHD 27
    119 3RD ST $385,000 3 2 1,204 CONDO 187
    15547 PARTRIDGE DR $389,900 3 2.1 2,266 DETACHD 214
    1790 YARMOUTH CIR $419,950 2 2 1,473 DETACHD 206
    14377 CAMDEN LN $499,900 4 2.1 2,530 DETACHD 2
    4705 LAKEVIEW BLVD $529,900 4 2.1 2,700 DETACHD 7
    5830 SUNBROOK DR $539,000 5 2.1 2,810 DETACHD 29
    17471 CARDINAL DR $564,900 4 2.1 3,056 DETACHD 61
    5218 WESTFIELD CT $649,900 4 2.1 3,125 DETACHD 284
    4349 LAKEVIEW BLVD $650,000 3 3 3,678 DETACHD 10
    13278 ROGERS RD $695,000 3 2.1 2,964 DETACHD 177

    SOLD (April 12- April 18, 2010)

    Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
    4 TOUCHSTONE $129,000 $134,000 2 2 979 CONDO 6
    668 MCVEY AVE $219,000 $205,000 3 1.1 985 CONDO 243
    505 8TH ST $389,000 $305,000 3 1 1,050 DETACHD 143
    12519 27TH PL $339,000 $335,000 3 2.1 1,975 DETACHD 15
    516 7TH ST $355,000 $347,500 3 2.1 1,502 DETACHD 12
    13052 KNAUS RD $475,000 $400,000 5 3 3,026 DETACHD 34
    4763 AVERY LN $514,900 $480,000 4 2.1 2,566 DETACHD 19
    14279 CAMDEN LN $525,000 $485,000 4 2.1 2,373 DETACHD 71
    10 OTHELLO ST $549,900 $535,000 4 3 3,440 DETACHD 3
    17363 BROOKHURST DR $625,000 $605,000 4 2.1 3,420 DETACHD 14
    64 BERWICK RD $759,000 $735,000 4 3.1 3,740 DETACHD 66

    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.

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    Lake Oswego Open Houses ~ Sunday, April 18, 2010

    OK… did I hear that it’s supposed to be 70 degrees Sunday??? If you are in the market for a home in Lake Oswego, I can’t imagine that this stellar line-up of 34 homes and the blue skies would not be enough to entice you away from brunch… or yard work… or sleeping in : )

    Here are the homes held Open according to RMLS.  As always, enjoy!

    Address L/Price # Beds # Baths Total SF Style Time
    1597 BONNIEBRAE DR $199,900 2 1 998 CONDO 1-3PM
    4340 BOTTICELLI ST $239,900 3 3.1 2098 TWNHSE 1-3PM
    16711 MELLON AVE $309,900 3 2 1346 DETACHD 1-4PM
    16969 ALDER CIR $329,900 3 2 1534 DETACHD 1-3PM
    3269 PHYLLIS CT $339,900 3 1.2 1711 DETACHD 1-4PM
    4971 SUNTREE LN $394,900 3 2.1 1911 DETACHD 1-4PM
    19242 TERRY AVE $395,000 4 2 1872 DETACHD 2-4PM
    550 2ND ST $410,000 2 1.2 1520 TWNHSE 1-4PM
    1642 HIGHLAND DR $449,000 4 3 2234 DETACHD 1-4PM
    24 PARTRIDGE LN $449,000 4 2.1 3224 DETACHD 1-3PM
    662 CLARA CT $469,900 3 3 2740 DETACHD 3-5PM
    17802 HILLSIDE WAY $489,998 4 2.1 2965 DETACHD 1-3PM
    1503 PINE ST $509,000 5 3 2792 DETACHD 2:30-5PM
    19735 SUNCREST DR $544,950 4 3.1 3224 DETACHD 2-4PM
    12 MONTICELLO DR $549,000 4 2.1 3658 DETACHD 11-2PM
    19415 SW DOGWOOD CT $549,900 5 3 3517 DETACHD 10AM-5PM
    19288 SW Megly CT $579,900 5 3 3594 DETACHD 10AM-5PM
    17491 BLUE HERON DR $639,950 4 2 2396 DETACHD 1-3PM
    4184 SUNSET DR $649,000 6 3 2916 DETACHD 2-4PM
    19244 35TH PL $729,000 4 3 3503 DETACHD 12-2:30PM
    1015 SOUTHSHORE BLVD $773,000 4 3 3542 DETACHD 11-2PM
    14480 KRUSE OAKS BLVD $895,000 4 3.1 4661 DETACHD 10-2PM
    12439 SW 22ND AVE $899,900 4 3.1 4118 DETACHD 2-4PM
    17896 KELOK RD $948,500 5 5 4323 DETACHD 2:15-4PM
    18222 SIENA DR $1,088,000 6 4.1 3800 DETACHD 1-3PM
    18209 SIENA DR $1,178,950 5 3.1 3839 DETACHD 1-3PM
    17464 RIDGEVIEW LN $1,199,950 4 3.1 4407 DETACHD 1-3PM
    1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 1-3PM
    18246 BELLA TERRA DR $1,294,000 4 3.1 4196 DETACHD 1-3PM
    657 OAK MEADOW DR $1,349,950 4 3.1 4371 DETACHD 1-3PM
    3114 DOUGLAS CIR $1,395,000 4 4 5420 DETACHD 12-4PM
    17364 RIDGEVIEW CT $1,399,950 4 3.1 4436 DETACHD 1-3PM
    18820 GREENBLUFF DR $1,495,000 4 4.1 5382 DETACHD 2-4PM
    2572 GLEN EAGLES PL $2,395,000 5 4.2 6490 DETACHD 1-3PM