Market Action Report for November 20th

Data represents activity from November 10th to November 20th.

DOM (days on market) represents cumulative days and may represent more than one listing period.

Of particular note, to me, was finding the closed sale at 2870 Park Rd. This was a 1973 built home that was described as a cosmetic fixer. With 2380 square feet, it’s a nice size home and in a very nice neighborhood, Palisades. What is remarkable is that it sold in just 4 days and for $17,000 more than the asking price. It shows that when a property is priced right it will sell quickly, and perhaps for more than the list price. Our market still has a pulse.

New Listings

Address Type bed/bath Sq. Feet List Price

44 Eagle Crest Condo 1b/1b 798 $134,900
91 Galen St Condo 1b/1b 680 $135,000
47 Eagle Crest #12 Condo 2b/1b 932 $149,900
16790 Lake Forrest Detached 2b/1b 780 $199,900
12846 Boones Ferry Rd Condo 2b/2.1b 1136 $249,000
5063 Foothills Dr Condo 2b/2b 1031 $259,000
3433 McNary Parkway Condo 2b/2.1b 1156 $275,000
3797 Lanewood Detached 3b/1b 2560 $309,000
5235 Oakridge Detached 3b/2.1b 1576 $324,900
5354 Lower Dr Detached 3b/1b 1565 $339,000
4761 LaMont Detached 3b/2b 1816 $379,900
4051 Virginia Way Detached 3b/2.1b 1658 $389,500
7050 Childs Rd Detached 2b/2b 1693 $398,000
5051 Tualata Ln Detached 4b/2b 1591 $409,900
18978 Indian Spring Cir Detached 3b/2b 1900 $414,900
1265 Rockinghorse Ln Detached 4b/3b 2402 $444,000
6109 Summer Woods Detached 4b/2.1b 2331 $449,000
1307 Cedar St Detached 4b/3b 2054 $459,900
111 3rd St Condo 2b/2b 1206 $474,900
8 Hotspur Detached 3b/2.1b 1966 $475,000
785 5th St Detached 3b/2b 2208 $480,000
805 Country Club Rd Detached 5b/2b 2722 $489,900
1009 Cumberland Pl Detached 4b/3b 2294 $525,000
19664 River Run Detached 2b/2.1b 3051 $559,900
17784 Treetop Detached 4b/3b 3468 $599,900
4676 Winthrop Ct Detached 4b/2.1b 3112 $639,900
18212 indian Creek Dr Detached 4b/2.1b 2313 $649,000
17141 Wall St. Detached 4b/3b 3540 $699,500
615 Lake Bay Ct Detached 3b/3b 2542 $699,900
19285 Megly Ct Detached 4b/2.1b 2587 $699,900
19263 Megly Ct Detached 4b/2.1b 2743 $749,900
2545 Dellwood Detached 5b/3.1b 3843 $809,900
19266 Megly Ct Detached 4b/2.1b 3025 $789,900
19245 Megly Ct Detached 4b/2.1b 2884 $789,900
4349 Lakeview Blvd Detached 3b/3b 3678 $849,000
5435 Washington Ct Detached 4b/3.1b 3323 $849,900
772 8th St Detached 4b/2.1b 3161 $899,000
17649 Woodhurst Pl Detached 5b/4.1b 5793 $899,000
3030 Westview Ct Detached 4b/2.1b 3415 $959,000
18094 Pilkington Detached 4b/3/1b 3509 $999,000
17600 Upper Cherry Detached 4b/3.1b 3867 $1,299,000
18990 Barton Rd Detached 4b/3.2b 4592 $1,369,000
2809 Arrowhead Ct Detached 3b/3b 2624 $1,699,000
18735 Bryant Rd Detached 4b/3.1b 5597 $1,750,000
3114 Douglas Circle Detached 4b/4b 5465 $2,195,000
670 Iron Mntn Blvd Detached 4b/3.2b 5208 $2,250,000
333 Northshore Rd Detached 4b/4.1b 4998 $2,650,000
3530 Lakeview Blvd Detached 4b/3.1b 4200 $2,950,000

Pending Sales

Address Type bed/bath Sq. Ft. List Price DOM Original Price

4 Touchstone Condo 2b/2b 984 $115,000 42 $125,000
44 Eaglecrest #11 Condo 3b/2b 1085 $148,700 31 $154,900
5478 Tualata Detached 3b/2b 1200 $279,000 122 $330,000
16651 Lake Forest Detached 3b/1b $1,230 $207,000 59 $350,000
4 Othello Detached 4b/3b 2184 $434,900 9 $434,900
5453 Willow Ct Detached 3b/2.1b 2400 $449,000 146 $495,000
600 Maple St Detached 4b/2.1b 2422 $499,000 126 $529,000
2584 Park Rd Detached 4b/2b 2302 $524,900 229 $679,000
435 8th St. Detached 4b/3.1b 2505 $649,900 565 $929,000
104 3rd St Detached 2b/2b 1151 $1,050,000 15 $1,050,000

Closed Sales

Address Type bed/bath Sq. Ft. Sales Price DOM Original Price

4000 Carman #35 Condo 2b/2b 869 $135,000 22 $149,900
3680 Spring Ln 2B Condo 2b/2.1b 1152 $187,000 220 $219,000
595 6th St Detached 3b/1b 1520 $257,050 40 $314,800
22 Condolea Dr Condo 2b/2b 1454 $275,000 36 $339,900
2870 Park Rd Detached 4b/2.1b 2380 $396,000 4 $379,900
13340 Auburn Ct Attached 3b/2.1b 2451 $485,000 222 $559,900
1012 Andrews Rd Detached 3b/2b 2246 $495,000 133 $590,800
16 Northview Ct Attached 4b/3.1b 2962 $495,000 419 $599,900
3240 Upper Dr Detached 4b/2.1b 3410 $712,500 56 $749,950
114 3rd St Detached 2b/1b 1140 $730,000 19 $750,000
17760 Lake Haven Dr Detached 4b/2.1b 2051 $800,000 224 $1,169,000

Thank you for your patience while we work out a couple of software issues. We hope to have our Market Action Report back in fine form ASAP.

Rainfall in Lake Oswego

I think it is fair to say that the rainy season has begun. A Russian immigrant, who has become a good friend of my family, once commented to me that Oregon only has two seasons: wet and dry. If you are following the blotter from out of the area, and perhaps even considering moving here, I think it is only fair to be completely honest with you about our weather.

As you have read in several recent posts, we have a glorious fall with the trees turning colors and sunshine that is bright. It is also in the fall that the transition happens from mostly sunny days to mostly rainy days. The rain will dominate the forecast until about April. Then the transition will happen back to mostly sunny days.

Our rainfall is unique in that it seems to fall in a steady mist. While we do have days that the rain falls heavily, for the most part it is a soft and steady drizzle. I have heard it compared to the rainfall in Ireland. Because it is usually a gentle rain, you might be surprised to learn that umbrellas are used infrequently. Oregonians generally just put on a good coat and go out in it. It is really quite lovely, once you get used to it and quit seeing it as an inconvenience. It is also really good for maintaining lovely skin.

The information below gives high and low temperatures, as well as average rainfall, for Lake Oswego. The information is courtesy of www.countrystudies.us. Temperatures are listed in Fahrenheit.

Lake Oswego Weather

US Geography / US Weather / Oregon Weather / Lake Oswego

January:

Average High 46, Average Low 32, Mean 38, Average Precipitation 6.0 inches

February:

Average High 51, Average Low 34, Mean 44, Average Precipitation 4.6 inches

March:

Average High 55, Average Low 36, Mean 46, Average Precipitation 4.1 inches

April:

Average High 58, Average Low 38, Mean 50, Average Precipitation 2.8 inches

May:

Average High 66, Average Low 44, Mean 55, Average Precipitation 2.3 inches

June:

Average High 74, Average Low 48, Mean 62, Average Precipitation 1.7 inches

July:

Average High 78, Average Low 52, Mean 66, Average Precipitation 0.7 inches

August:

Average High 80, Average Low 52, Mean 66, Average Precipitation 1.0 inches

September:

Average High 74, Average Low 48, Mean 62, Average Precipitation 1.8 inches

October:

Average High 64, Average Low 41, Mean 54, Average Precipitation 3.3 inches

November:

Average High 52, Average Low 37, Mean 45, Average Precipitation 6.3 inches

December:

Average High 46, Average Low 34, Mean 40, Average Precipitation 6.9 inches

So we get very little rainfall in the summer and quite a lot of rainfall in the winter. However, in my experience, there are always surprises. The summer after Mt. St. Helens erupted never happened. It was cold and gray with very little sunshine. And it also seems to me that February tends to have many sunny days. Perhaps that is because after November, December, and January, the decreasing rain is so noticeable. I will also tell you that when the sunny weather starts again in the spring, people really make the most of it. On that first nice day everyone spends the day outside: walking, gardening, going to the coast, and just generally taking advantage of the nice conditions.

I have learned to love the rain. The sound of it makes me sleep better at night and I credit it with giving us our lush landscaping. When I visit other states that don’t get this kind of rainfall, I can’t help but feel like they just don’t have the beauty that Oregon does. I’m a fifth generation Oregonian. I guess it is just in my blood.

Furnace Gets Facelift

Lake Oswego's Iron Furnace in George Rogers Park

Lake Oswego’s historic Iron Furnace in George Rogers Park is set for a face lift, to be completed in June 2009.

This local treasure is listed on the National Register of Historic Places, and is in need of some tender loving care. The exterior of the 44-foot high furnace is in decent shape, but the interior stonework is severely deteriorated.

Having been abandoned in 1885, the elements have taken their toll, and there is a danger of falling debris, therefore the furnace is fenced off and considered unsafe in its current condition. The restoration will replace grout, chink stones, bricks and basalt stones according to the City of Lake Oswego. The city anticipates that this work, plus a roof for protection, and compliance with current seismic standards will enable it to conduct regular pre-arranged group tours through the furnace structure.

The stone furnace was built by the Oregon Iron Company and began operating in August of 1867. With Oswego’s iron deposits, the company was the first manufacturer of iron on the West Coast, and the Oswego iron industry was reportedly the biggest manufacturing enterprise in Oregon during the nineteenth century. This amazing piece of Oregon history is said to be the only surviving iron furnace west of the Rocky Mountains.

The Lake Oswego City Council has awarded the $830,785 contract, to Pioneer Waterproofing, Inc. Requiring specialized skills, Pioneer Waterproofing fits the bill and has met the standard for brick and masonry restoration in conformance with the Secretary of the Interior’s Standards for the Treatment of Historic Properties. Pioneer Waterproofing has also completed impressive restoration projects which include Vista House, Crater Lake Lodge, Timberline Lodge, and the Portland Art Museum.

Lake Oswego Real Estate Market Activity – November 3-6, 2008

Things cooled off a bit, as expected, from the torrid sales report we saw a week ago.
About 13 homes went under contract or closed escrow last week.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
58 GALEN ST
$133,000
1
1
689
CONDO
11/5
86 KINGSGATE RD
$146,900
2
2
849
CONDO
11/2
668 MCVEY AVE
$219,998
2
1
852
CONDO
11/3
5059 FOOTHILLS DR
$259,000
2
2
1,031
CONDO
11/4
152 RIDGEWAY RD
$299,900
2
1.1
1,794
CONDO
11/5
3 THE GROTTO
$300,000
3
2
1,688
DETACHD
11/4
5096 SW TREE ST
$334,900
3
1.1
1,410
DETACHD
11/3
5254 TIMBERGROVE ST
$374,500
4
2
1,854
DETACHD
11/4
4 BRITTEN CT
$429,000
3
2.1
1,972
ATTACHD
11/3
4 OTHELLO ST
$434,900
4
3
2,184
DETACHD
11/4
5221 ROSEWOOD ST
$435,000
3
2.1
2,226
DETACHD
11/2
17079 CHERRY CREST AVE
$469,000
3
2.1
3,002
DETACHD
11/2
17095 REBECCA LN
$499,900
3
2.1
2,258
DETACHD
11/5
17071 REBECCA LN
$504,950
4
3
2,256
DETACHD
11/5
17088 REBECCA LN
$554,900
4
2
2,507
DETACHD
11/4
12974 KNAUS RD
$599,000
3
3.1
3,792
DETACHD
11/3
668 MCVEY AVE
$599,998
3
1.1
992
CONDO
11/6
13275 TWIN CREEK CT
$639,000
4
2.1
3,041
DETACHD
11/7
1670 PINE ST
$679,987
4
3.1
3,286
DETACHD
11/4
12611 BOONES FERRY RD
$749,900
5
3.1
4,042
DETACHD
11/5
17175 KELOK RD
$929,000
3
3
2,002
DETACHD
11/3
17370 CANYON DR
$949,000
4
3.1
3,408
DETACHD
11/3
2811 ARROWHEAD CT
$1,650,000
4
3.1
3,740
DETACHD
11/8
13200 THOMA RD
$2,232,500
5
5.2
7,648
DETACHD
11/3

PENDING SALES (November 3—November 6, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
60 GALEN ST
$116,000
1
1
550
CONDO
89
4000 CARMAN DR
$149,900
2
2
869
CONDO
22
245 CERVANTES
$177,650
2
2
1,292
ATTACHD
78
17570 SW MARDEE AVE
$284,950
3
1
1,050
DETACHD
194
1725 FERNWOOD DR
$429,000
4
2.5
1,580
DETACHD
436
4967 SUNTREE LN
$430,000
3
2.1
1,915
DETACHD
107
4378 ALBERT CIR
$824,900
3
3
3,735
DETACHD
263
16545 MAPLE CIR
$949,900
3
2.1
3,100
DETACHD
9

SOLD (October 27—November 2, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
535 2ND ST
$425,600
$425,600
2
2
1,120
CONDO
452
18936 BRYANT RD
$1,082,000
$750,000
4
4
4,100
DETACHD
875
14381 FOSBERG RD
$1,199,000
$1,100,000
4
3.1
4,900
DETACHD
46
581 2ND ST
$1,395,000
$1,325,000
2
2.1
2,147
CONDO
484
17459 WREN CT
$1,369,000
$1,330,000
4
4
4,366
DETACHD
65

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.

Lake Oswego Library Receives National Recognition

Kudos to the Lake Oswego Library which was ranked the best library in the state of Oregon by the American Library Association, and the 7th best library in the Nation amongst towns with populations of 25,000 to 49,999 people.

Considerations to receive this distinction included staffing, reference services, collections, and the number of items checked out by the public. Lake Oswego’s per capita circulation is 33.2: more than 4 times the national average.

Visit the LO Library website by clicking here.

Lake Oswego Real Estate Market Activity – October 27-November 2, 2008

Whoa&#0133Market activity in Lake Oswego finished October with a flurry of closed sales.

Eighteen home sales grace the report this week, including a number of condo sales in the 555 2nd St. project in First Addition and a bunch in Westlake neighborhood, too.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 27—November 2, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4000 CARMAN DR
$144,000
1
1
767
CONDO
10/30
4 SW TOUCHSTONE DR
$199,900
3
2.1
1,350
CONDO
10/27
450 S STATE ST
$200,000
2
1
800
CONDO
11/2
668 MCVEY AVE
$269,000
1
1
626
CONDO
10/30
30 CONDOLEA DR
$319,900
2
2
1,420
ATTACHD
10/31
4458 THUNDER VISTA LN
$329,500
3
2.1
2,200
CONDO
10/29
4451 BERNARD ST
$349,950
4
2
1,800
DETACHD
10/29
1640 WORTHINGTON ST
$359,900
4
3
2,342
DETACHD
10/28
56 GREENRIDGE CT
$365,000
3
2.1
1,996
ATTACHD
11/2
18959 KRISTI WAY
$384,900
3
2
1,778
DETACHD
10/30
4760 LOWER DR
$419,500
4
3
3,252
DETACHD
10/27
5415 BAY CREEK DR
$599,950
3
2.1
2,827
DETACHD
10/31
13176 SANDALWOOD CT
$639,900
4
2.1
2,982
DETACHD
10/31
18116 PIONEER CT
$689,900
5
3
3,500
DETACHD
11/1
4043 ORCHARD DR
$699,000
4
2.1
3,339
DETACHD
10/31
4079 COLTSFOOT LN
$719,133
5
4
3,308
DETACHD
10/31
8 GARIBALDI ST
$765,000
4
3
3,850
DETACHD
10/31
14101 REDWOOD CT
$824,900
3
3.2
2,629
DETACHD
10/28
17606 WOODHURST PL
$949,000
5
3.1
4,488
DETACHD
10/28
16545 MAPLE CIR
$949,900
3
2.1
3,100
DETACHD
10/27
18475 CRESTLINE DR
$1,548,500
4
4.1
4,660
DETACHD
10/27
17951 MEADOWLARK LN
$1,549,000
4
3.2
5,065
DETACHD
10/29

PENDING SALES (October 27—November 2, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
595 6TH ST
$314,800
3
1
1,520
DETACHD
40
642 EVERGREEN RD
$354,900
2
1
800
DETACHD
201
4292 GALEWOOD ST
$414,900
3
2.1
1,644
DETACHD
77
1130 LAUREL ST
$439,000
4
2
2,800
DETACHD
86

SOLD (October 20—October 26, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
44 EAGLE CREST DR
$150,000
$148,000
2
1
908
CONDO
266
1764 CONIFER DR
$319,000
$305,000
3
1
1,200
DETACHD
82
14588 WILMOT WAY
$429,900
$405,000
4
3
2,238
DETACHD
34
525 2ND ST
$425,600
$425,600
2
2
1,120
CONDO
454
14300 CAMDEN LN
$550,000
$465,000
4
2.1
2,346
DETACHD
162
17162 WARREN CT
$532,500
$497,000
4
2.1
2,231
DETACHD
126
537 2ND ST
$516,800
$519,185
2
2
1,292
CONDO
201
112 D AVE
$612,900
$549,000
2
2.1
1,741
ATTACHD
253
1545 CLOVERLEAF RD
$568,840
$565,000
4
3.1
2,723
DETACHD
13
13984 CHELSEA DR
$715,000
$675,000
4
2.1
3,187
DETACHD
16
4118 GLACIER LILY ST
$888,000
$757,000
4
3.1
4,452
DETACHD
174
13719 ROGERS RD
$869,000
$800,000
4
2.1
3,204
DETACHD
28
543 2ND ST
$789,960
$826,399
2
2.1
1,816
CONDO
238
545 2ND ST
$797,355
$827,355
2
2.1
1,833
CONDO
91
565 2ND ST
$832,200
$832,200
2
2.1
1,752
CONDO
513
1420 MORNING SKY CT
$989,000
$885,000
4
3.1
3,578
DETACHD
50
2080 RIDGE POINTE DR
$1,200,000
$1,030,000
5
4
4,587
DETACHD
188
16852 ALDER CIR
$1,950,000
$1,730,000
4
3.1
2,873
DETACHD
41

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.

Lake Oswego Open Houses – November 1-2, 2008

After the goblins and zombies depart the streets by morning, there will be open houses this weekend in Lake Oswego. So, grab a handful of the kids’ candy and head out!

Date Time MLS # Address
List Price
Bdrms
Baths
Total SF
11/2/08 1-4 PM 8100262 4000 CARMAN DR
$149,900
2
2
869
11/2/08 2-4pm 8101475 16811 LAKERIDGE DR
$375,000
3
2
1,871
11/1/08 10am-2pm 8101670 14300 SHERBROOK PL
$380,000
3
2.1
1,924
11/2/08 2:00 – 4:00 8094676 19664 RIVER RUN DR
$559,900
4
2.1
3,051
11/2/08 1-4pm 8096025 3211 ALBER SPRING CT
$679,000
4
2.1
3,002
11/1/08 2-4:00 8073049 4031 OLD GATE ROAD
$699,700
4
3.1
3,704
11/1/08 1-3pm 8075613 15540 VILLAGE DR
$988,000
5
2.1
3,780
11/1/08 1pm-4pm 8094126 2600 DELLWOOD DR
$1,199,000
4
3
3,690
11/2/08 1-3pm 8035828 18253 Siena DR
$1,274,500
5
4
4,281
11/2/08 1-3pm 8003164 17464 RIDGEVIEW LN
$1,298,950
4
3.1
4,407
11/2/08 1-3pm 8037111 622 OAK MEADOW DR
$1,325,000
4
3.1
4,171
11/2/08 1-3pm 8056075 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
11/2/08 1-3pm 8097960 657 OAK MEADOW DR.
$1,395,000
4
3.1
4,371
11/2/08 1-3pm 8035967 18224 Bella Terra DR
$1,395,000
4
4
4,050
11/2/08 1-4pm 8096195 17512 GREENBLUFF LOT 1 DR
$1,425,000
4
4
3,777
11/2/08 1-3pm 8035973 18231 Siena DR
$1,425,000
4
3.2
4,064
11/2/08 1-3pm 8011074 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,704
11/2/08 1-3pm 8035974 18209 Siena DR
$1,525,000
5
4.1
4,400
11/2/08 1-3pm 8035813 18110 Siena DR
$1,650,000
4
3.1
4,311
11/2/08 1-4pm 8065976 17512 GREENBLUFF LOT 2 DR
$1,850,000
4
2.1
5,042
11/2/08 11am-1pm 8099688 13200 THOMA RD
$2,395,000
5
5.2
7,648

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. Listings courtesy of RMLS.

What… Dispose of These Beautiful Leaves?

I crunch my way to the mailbox to pick up the daily paper thrown there in the walkway, and look up half asleep at the clear blue sky feathered with white brush strokes.

Another gorgeous day in Lake Oswego.

I turn around and head back in to my coffee, passing my tomatoes in their pots on the kitchen patio, inspecting them to see which green ones have started to turn so that I can bring them in to finish on my counter (I like to watch them ripen there). As I start to close the door I decide to leave it open to look out at the beautiful array of colors… red, yellow, green, and all stages in between on their way to the next hue.

A friend told me the other day that she loves Fall… I said I don’t, because it reminds me that summer is fading… gone. But as I think of it today, I guess I lied because even though summer is my favorite season (OK… I’m into excess… maximum exposure to sun/greenery/life in bloom) Fall does have that peaceful, lazy feel of knowing that cozy nights by the fireplace are not too far off- snow days here & there for my 16-year old, and watching kids slide down the hill on trash can lids or whatever else they can find on those rare days- even the big turkey on the table with friends gathered round- it’s all coming closer.

Yes, summer is gone, but this special time… this crisp, colorful season is so… what? I guess it is comforting. Warm even as temperatures chill. Though everything changes, nature is kind. There is beauty and pleasure in every single phase of the year. For now we can enjoy the relatively warm weather, the crisp skies, the amazing, fiery colors and the unique gifts of this season which seem to whisper: Live now. Always now.

Lake Oswegans: Remember to either dispose of your Fall leaves at designated drop-off sites including Grimm’s Fuel, compost them, or place them in “kraft” bags available at hardware and home-improvement stores for pick-up by Allied Waste for an additional $3.04 per bag charge. Happy Fall!

Lake Oswego Real Estate Activity – October 20-26, 2008

While we aren’t seeing an epidemic in Lake Oswego, a couple short sales appear in this week’s list of newly listed properties. Short sales occur when the homeowner must sell, but owes more on the mortgage than the current market value will bear. These transactions can be tricky for both home seller and buyer.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 20—October 26, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
17 CRESTFIELD CT
$95,000
2
1
923
CONDO
10/22
15938 QUARRY RD
$164,500
2
1
991
CONDO
10/21
578 S STATE ST
$219,900
2
1
914
CONDO
10/22
16535 ROOSEVELT AVE
$299,000
4
2
1,495
DETACHD
10/19
68 WHEATHERSTONE CT
$325,000
4
3.1
2,465
CONDO
10/22
15255 BOONES WAY
$359,900
3
2.1
1,556
ATTACHD
10/19
4470 CHAPMAN WAY
$380,000
3
3
2,125
DETACHD
10/19
14300 SHERBROOK PL
$380,000
3
2.1
1,924
DETACHD
10/21
5973 KENNYCROFT WAY
$387,900
3
1.1
1,202
DETACHD
10/20
16964 MAPLE CIR
$449,000
2
1
744
DETACHD
10/21
353 ASH ST
$499,900
3
3.1
2,765
DETACHD
10/22
17144 WARREN CT
$547,000
4
2.1
2,725
DETACHD
10/21
17083 FERNWOOD DR
$615,000
5
3
2,868
DETACHD
10/21
605 SW Country Club RD
$624,900
5
2.1
3,170
DETACHD
10/25
13873 MELROSE PL
$669,000
4
3.1
5,294
DETACHD
10/22
18402 ANDUIN TER
$699,995
5
3.1
4,302
DETACHD
10/22
878 10TH ST
$714,000
2
2
1,380
DETACHD
10/19
17388 CEDAR RD
$994,500
2
1
2,134
DETACHD
10/19
18094 PILKINGTON — Lot 16 RD
$999,000
4
2.1
4,000
DETACHD
10/22
104 3RD ST
$1,050,000
2
2
1,151
DETACHD
10/24
17860 CRESTLINE DR
$3,300,000
4
5.2
6,810
DETACHD
10/20

PENDING SALES (October 20 —October 26, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
22 CONDOLEA DR
$329,900
2
2
1,454
CONDO
36
12251 ORCHARD HILL RD
$389,500
3
2
1,868
DETACHD
19
13036 SIERRA CT
$509,000
3
2
2,096
DETACHD
104
2435 PARK RD
$524,900
4
3
2,940
DETACHD
302
1012 ANDREWS RD
$530,000
3
2
2,246
DETACHD
133
17 CELLINI CT
$550,000
5
3.1
3,113
DETACHD
170
17760 LAKE HAVEN DR
$899,999
4
2.1
2,051
DETACHD
224

SOLD (October 13—October 19, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
4 TOUCHSTONE
$135,900
$93,000
2
2
984
CONDO
135
39 ORIOLE LN
$345,000
$295,000
2
1.1
1,310
DETACHD
206
16990 LOWER MEADOWS DR
$515,000
$367,500
3
2.1
2,000
DETACHD
600
2600 BREE CT
$500,000
$385,000
4
2.1
2,895
DETACHD
193
5475 Willow Court
$509,000
$450,000
3
2.1
2,438
ATTACHD
2811 PARK RD
$625,000
$525,000
4
2.1
2,248
DETACHD
91
539 2ND ST
$874,000
$543,600
2
2
1,339
CONDO
532
12986 KNAUS RD
$849,900
$580,000
4
4
3,202
DETACHD
526

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.

Lake Oswego Open Houses – October 25-26, 2008

This weekend’s Lake Oswego open house list:

Date Time MLS # Address
List Price
Bdrms
Baths
Total SF
10/26/08 1-3pm 8100527 47 EAGLE CREST DR
$105,000
1
1
672
10/26/08 1 – 4PM 8098175 47 EAGLE CREST DR
$149,900
2
1
932
10/26/08 1-3pm 8098577 44 EAGLE CREST DR
$154,900
3
2
1,085
10/26/08 1-3pm 8061483 15938 QUARRY RD
$163,900
2
1
991
10/26/08 1 TO 3 8099801 18728 KRISTI WAY
$299,900
3
1
1,095
10/25/08 12 to 3 8082573 668 4TH ST
$439,900
2
2
1,502
10/26/08 1 to 4 8082573 668 4TH ST
$439,900
2
2
1,502
10/26/08 1-3pm 8062608 13217 FOX RUN
$550,000
4
3
2,706
10/26/08 1-4pm 8100813 5807 RIDGETOP CT
$589,900
5
2.1
2,660
10/26/08 2-4pm 8058816 1245 BAYBERRY RD
$609,000
3
2
1,728
10/26/08 2-4pm 8066402 1141 TROON RD
$648,850
4
3
2,522
10/26/08 11-1PM 8100918 878 10TH ST
$714,000
2
2
1,380
10/26/08 1-4pm 8098614 15939 TWIN FIR RD
$799,000
3
2
2,480
10/26/08 1-4pm 8096740 14270 EDENBERRY DR
$845,000
4
2.1
2,935
10/26/08 1-4pm 8084663 426 7TH ST
$875,000
4
2.1
2,902
10/26/08 2:00-4:00 8057344 3030 SW WESTVIEW CT
$959,000
4
2.1
3,415
10/26/08 1 pm – 4 pm 8083109 17878 HILLSIDE DR
$995,000
5
3
3,462
10/25/08 10am – 4pm 8055831 12424 SW 22ND AVE
$1,100,000
5
4.1
4,771
10/26/08 10am – 4pm 8055831 12424 SW 22ND AVE
$1,100,000
5
4.1
4,771
10/25/08 10am – 4pm 8055815 12439 SW 22ND AVE
$1,170,000
4
3.1
4,118
10/26/08 10am – 4pm 8055815 12439 SW 22ND AVE
$1,170,000
4
3.1
4,118
10/26/08 1-3pm 8035828 18253 Siena DR
$1,274,500
5
4
4,281
10/26/08 1-3pm 8003164 17464 RIDGEVIEW LN
$1,298,950
4
3.1
4,407
10/26/08 1-3pm 8037111 622 OAK MEADOW DR
$1,325,000
4
3.1
4,171
10/26/08 1-3pm 8056075 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
10/26/08 1-3pm 8035967 18224 Bella Terra DR
$1,395,000
4
4
4,050
10/26/08 1-3pm 8097960 657 OAK MEADOW DR.
$1,395,000
4
3.1
4,371
10/26/08 1-3pm 8035973 18231 Siena DR
$1,425,000
4
3.2
4,064
10/26/08 1-3pm 8011074 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,704
10/26/08 1-3pm 8035974 18209 Siena DR
$1,525,000
5
4.1
4,400
10/26/08 3-5pm 8094075 16771 MAPLE CIR
$1,650,000
3
3
2,074
10/26/08 11am – 1pm 8099688 13200 THOMA RD
$2,395,000
5
5.2
7,648

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. Listings courtesy of RMLS.