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Lake Oswego Real Estate Market Activity – June 22-29, 2008

This week’s new inventory of 39 properties includes 6 new townhomes near Pilkington & Lakeview. Pending and closed sales total 17.

Here is the latest Lake Oswego real estate market activity report (see below the tables for additional notes):

NEWLY LISTED (JUNE 23-29, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
98 OSWEGO SMT
$195,000
2
2
1,140
CONDO
6/26
3844 Botticelli ST
$259,900
2
1.1
1,129
CONDO
6/22
200 BURNHAM RD
$268,850
2
2
1,311
CONDO
6/23
4861 SW LAMONT WAY
$374,900
3
2
1,536
DETACHD
6/26
1924 MAPLELEAF RD
$398,500
4
2
2,040
DETACHD
6/26
4160 CHAPMAN WAY
$399,900
3
2
1,545
DETACHD
6/24
243 D AVE
$410,000
3
1
1,080
DETACHD
6/25
1694 FIRCREST CT
$418,500
3
2.1
2,690
DETACHD
6/22
3269 PHYLLIS CT
$425,000
3
1.2
1,818
DETACHD
6/24
17071 BRYANT RD
$435,000
3
2
1,070
DETACHD
6/23
14371 HOLLY SPRINGS RD
$439,900
4
2.1
1,939
DETACHD
6/22
17101 CHAPIN WAY
$479,000
3
2
1,949
DETACHD
6/27
5456 Willow Court
$486,000
3
2.1
2,400
ATTACHD
6/22
5434 Willow Court
$489,000
3
2.1
2,400
ATTACHD
6/22
1716 HALLINAN ST
$489,000
3
3
1,916
DETACHD
6/25
5453 Willow Court
$495,000
3
2.1
2,400
ATTACHD
6/22
5431 Willow Court
$495,000
3
2.1
2,400
ATTACHD
6/22
5497 Willow Court
$499,000
3
2.1
2,438
ATTACHD
6/22
5475 Willow Court
$509,000
3
2.1
2,438
ATTACHD
6/22
960 9TH ST
$515,000
3
1
1,429
DETACHD
6/23
16913 CANAL CIR
$525,000
3
1.1
2,525
DETACHD
6/22
1041 OXFORD DR
$535,000
4
3.1
2,712
DETACHD
6/25
310 DURHAM ST
$549,000
3
2.1
1,940
ATTACHD
6/24
17140 WALL ST
$564,900
4
3
3,711
DETACHD
6/27
13217 FOX RUN
$610,000
4
3
2,706
DETACHD
6/22
5415 BAY CREEK DR
$619,900
3
2.1
2,827
DETACHD
6/25
14167 TAYLORS CREST LN
$648,900
3
2.1
3,675
DETACHD
6/25
4691 CHELSEA LN
$649,500
4
2.1
3,102
DETACHD
6/25
5869 RIDGETOP CT
$649,900
4
2.1
3,080
DETACHD
6/23
13888 SHIREVA DR
$665,000
5
3
3,832
DETACHD
6/22
17555 BROOKHURST DR
$879,800
4
3.1
4,000
DETACHD
6/25
412 8TH ST
$920,000
3
2.1
2,519
DETACHD
6/22
12840 SW ALTO PARK RD
$1,197,500
3
2.1
3,104
DETACHD
6/22
16359 CHAPIN WAY
$1,429,000
4
3.5
4,158
DETACHD
6/26
1415 CHANDLER RD
$1,665,000
5
4.1
4,654
DETACHD
6/26
2605 SOUTHSHORE BLVD
$1,695,000
4
4.1
4,750
DETACHD
6/27
128 NORTHSHORE CIR
$1,699,000
3
3.1
3,261
DETACHD
6/25
3232 LAKEVIEW BLVD
$6,300,000
3
5.1
7,500
DETACHD
6/22
3214 LAKEVIEW BLVD
$7,500,000
4
5.1
5,800
DETACHD
6/22

PENDING SALES (JUNE 23-29, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
15570 WALUGA DR
$325,000
2
3
1,577
DETACHD
0
2 BECKET ST
$399,000
4
2.1
2,402
DETACHD
647
1790 YARMOUTH CIR
$409,000
2
2
1,551
DETACHD
91
2 MORNINGVIEW CIR
$434,500
3
2.1
2,954
DETACHD
404
4821 SW DAWN AVE
$437,000
3
2
1,955
DETACHD
129
14433 CAMDEN LN
$454,000
3
3
2,023
DETACHD
123
1000 SW ATWATER RD
$458,652
4
3
2,200
DETACHD
0
4933 PARKHILL ST
$599,900
4
3
2,500
DETACHD
48
55 NORTHSHORE RD
$699,000
3
2
2,750
CONDO
16
569 7TH ST
$849,950
5
4
3,186
DETACHD
396

SOLD (JUNE 16 – JUNE 22, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
4618 LOWER DR
$179,900
$178,000
2
1.1
1,260
CONDO
94
165 OSWEGO SMT
$229,900
$194,000
2
2
1,383
CONDO
458
44 EAGLE CREST DR
$199,950
$196,950
2
2
1,085
CONDO
125
668 MCVEY AVE
$254,900
$249,900
2
1
852
CONDO
10
5333 SW KENNY ST
$339,900
$327,200
3
1.1
1,248
DETACHD
22
3951 CHILDS -Private Lane RD
$1,130,000
$780,900
4
3.1
3,826
DETACHD
377
3122 UPPER DR
$1,550,000
$1,260,000
4
4
3,851
DETACHD
110

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Posted on

Lake Oswego Open Houses – June 28-29, 2008

A much smaller list of Open Houses in the Lake Oswego area this weekend. Perhaps a little too hot to venture out?

Please remember, this list comes from the RMLS Open House inventory. If your house is on the market and has an open house planned in the upcoming weeks, remind your agent to include it in the Open House inventory in the RMLS database. They’ll know what to do.

Here’s the list of Lake Oswego opens for Saturday and Sunday:

Date Time Address
List Price
Bdrms
Baths
Total SF
6/29/08 2-4pm 86 KINGSGATE RD
$179,500
2
2
938
6/28/08 11-1pm 1695 MEADOWS DR
$417,500
4
3
2,185
6/29/08 2-4 pm 4664 SW FIRWOOD RD
$425,900
3
2
1,640
6/29/08 1-3 PM 960 9TH ST
$515,000
3
1
1,429
6/29/08 1PM-3PM 16090 SW KIMBALL AVE
$529,950
4
1.1
2,276
6/29/08 1-3pm 322 8TH ST
$575,000
3
2
1,734
6/29/08 1-4 pm 17144 WARREN CT
$585,000
4
2.1
2,558
6/28/08 12-2pm 1338 LAUREL ST
$588,800
3
2.1
2,212
6/29/08 2-4pm 1338 LAUREL ST
$588,800
3
2.1
2,212
6/29/08 1-4pm 8 CAMELOT CT
$623,950
5
3
3,080
6/29/08 2-4 PM 56 SPINOSA
$629,000
5
3.1
3,808
6/29/08 12-2pm 605 SW COUNTRY CLUB RD
$649,000
4
2.1
3,422
6/29/08 1:30 to 4:00 5677 GRAND OAKS DR
$649,900
4
2.1
3,074
6/29/08 11-2pm 14 Del Prado
$680,000
5
3.1
4,094
6/29/08 12-2pm 17960 RIDGE LAKE DR
$720,000
4
2.1
3,124
6/29/08 1-4pm 17755 TREETOP LN
$749,000
5
3.1
3,864
6/29/08 2-4pm 17850 SW PILKINGTON RD
$749,000
3
2.1
3,222
6/29/08 11am-1pm 30 WILBUR ST
$775,000
3
2.1
2,664
6/29/08 1-3pm 412 8TH ST
$920,000
3
2.1
2,519
6/29/08 1-3pm 577 MIDDLECREST RD
$1,200,000
4
2.1
2,000
6/29/08 1-3pm 622 OAK MEADOW DR
$1,325,000
4
3.1
4,171
6/29/08 1-3pm 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
6/29/08 1-3pm 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
6/29/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,704

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. If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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Call Before You Dig

Well, it pays to stay on top of rules and regulations… and often that means avoiding liability by understanding your obligations as a property owner. Did you know that digging in your own yard could be hazardous to your pocket book? If you should dig into a utility line (gas, electric, etc.) you will most likely be held financially responsible if you did not call to have utilities “marked” prior to doing so… not to mention the possibility of bodily injury.

“Call Before You Dig” is a mandate in Oregon and other states requiring that utilities be located by the utility company prior to digging in your yard, garden, etc. This, of course, includes digging to install a real estate “for sale” sign too, and so is something to be aware of if you are putting your home on the market. If your agent uses a sign and post company, arrangements may be made with them for utilities to be marked in the general area where your sign will be placed. As the responsible homeowner, it would be a good idea for you to check with your agent regarding whether you or the sign company will be making these arrangements. The utility company will visit your property and actually spray the ground where you’d like the sign placed indicating the “OK” (or not) for digging. This will take an extra couple of days, so be sure to allow time in addition to the notice the sign company or installer will need prior to post & sign placement. More information may be found at: http://www.callbeforeyoudig.org/

Recently the process has been streamlined, and a number to call has been activated to make things easier (and safer) for everyone. Before digging, simply call “811” and you will be connected with the Utility Notification Center which administers the “One Call” system. The Utility Notification Center is open 24 hours a day, everyday. Homeowners, contractors, and anyone planning to dig may call.

Currently there is no charge for this service in most locations. The only areas under the authority of the Utility Notification Center that do have fees are Spokane and Stevens counties in Washington state… so here in Lake Oswego, it’s free!

Enjoy your summer… relish working in your garden, or proceed full steam ahead with the marketing of your home… just do it safely, and protect your health as well as your pocketbook.

Posted on

Lake Oswego Real Estate Market Activity – June 16-22, 2008

The numbers are strikingly similar to last week — about 20 homes either sale pending or sold with another 42 coming on the market.

Here is the latest Lake Oswego real estate market activity report (see below the tables for additional notes):

NEWLY LISTED (JUNE 16 – 22, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
47 EAGLE CREST DR
$149,900
2
1
932
CONDO
6/18
15938 QUARRY RD
$175,000
2
1
991
CONDO
6/18
4821 SW MADRONA ST
$179,000
1
1
360
DETACHD
6/17
15 BRITTEN CT
$324,800
3
2.1
1,972
ATTACHD
6/15
4458 THUNDER VISTA LN
$334,500
3
2.1
2,200
CONDO
6/16
2071 BONNIEBRAE DR
$358,888
3
2
1,611
ATTACHD
6/15
18963 SW LONGFELLOW AVE
$389,900
3
1.1
1,232
DETACHD
6/18
16990 LOWER MEADOWS DR
$419,900
3
2.1
2,000
DETACHD
6/16
5142 ROSEWOOD ST
$439,900
4
2.1
1,784
DETACHD
6/19
16946 LOWER MEADOWS DR
$449,000
3
2.1
1,795
DETACHD
6/16
16036 WHITE OAKS DR
$469,000
4
2.1
2,137
DETACHD
6/19
15 MASARYK ST
$485,000
3
3
3,680
DETACHD
6/17
17 ABELARD ST
$499,800
3
2
2,070
DETACHD
6/18
5562 ROYAL OAKS DR
$547,000
4
2.1
2,342
DETACHD
6/20
3600 UPPER DR
$549,000
3
2
2,755
DETACHD
6/18
147 6TH ST
$549,900
3
1
1,580
DETACHD
6/20
17144 WARREN CT
$585,000
4
2.1
2,558
DETACHD
6/20
1338 LAUREL ST
$588,800
3
2.1
2,212
DETACHD
6/19
2811 PARK RD
$595,000
4
0.3
2,248
DETACHD
6/15
625 CLARA CT
$605,900
3
2.1
2,532
DETACHD
6/17
56 SPINOSA
$629,000
5
3.1
3,808
DETACHD
6/15
400 LAKE BAY CT
$699,000
3
2.1
1,680
DETACHD
6/17
1132 TROON RD
$699,900
3
2.1
1,585
DETACHD
6/20
17960 RIDGE LAKE DR
$720,000
4
2.1
3,124
DETACHD
6/19
17850 SW PILKINGTON RD
$749,000
3
2.1
3,222
DETACHD
6/19
22 HOTSPUR ST
$799,000
6
3.1
4,259
DETACHD
6/15
772 8TH ST
$975,000
4
2.1
3,161
DETACHD
6/15
5267 LAKEVIEW BLVD
$979,900
4
3.1
3,425
DETACHD
6/17
1836 PALISADES LAKE CT
$995,000
4
3
4,251
DETACHD
6/20
4679 DOGWOOD DR
$1,085,000
5
3.2
4,456
DETACHD
6/16
1961 SUMMIT DR
$1,180,000
3
2.1
3,218
DETACHD
6/20
282 GREENWOOD RD
$1,198,000
3
2.1
2,538
DETACHD
6/19
301 IRON MOUNTAIN BLVD
$1,329,000
4
3.2
3,004
DETACHD
6/17
17960 SARAH HILL LN
$1,395,000
5
3.1
4,800
DETACHD
6/15
13531 FIELDING RD
$1,395,000
4
3.1
4,677
DETACHD
6/15
14070 Goodall RD
$1,575,000
4
3.2
4,460
DETACHD
6/17
14062 Goodall RD
$1,595,000
4
3.1
4,220
DETACHD
6/18
1202 ENGLEWOOD DR
$1,650,000
5
5.1
4,114
DETACHD
6/19
19007 EASTSIDE RD
$1,699,000
4
3.1
4,651
DETACHD
6/15
17211 KELOK RD
$1,879,000
3
3.1
5,384
DETACHD
6/18
4233 SOUTHSHORE BLVD
$2,500,000
3
3
3,100
DETACHD
6/20
18414 Old River Landing
$3,500,000
4
4.2
6,498
DETACHD
6/19

PENDING SALES (JUNE 16 – 22, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
55 OSWEGO SMT
$139,999
1
1
721
CONDO
29
45 EAGLE CREST DR
$165,000
1
1
780
CONDO
28
45 EAGLE CREST DR
$169,900
2
2
1,046
CONDO
125
19 MOUNTAIN CIR
$318,928
2
2
1,364
ATTACHD
101
16155 SW KIMBALL AVE
$324,900
3
1
1,488
DETACHD
49
16015 SW WALUGA DR
$365,000
4
2
2,010
DETACHD
90
5207 COVENTRY CT
$465,000
3
2
1,973
DETACHD
424
1038 BAYBERRY RD
$599,900
5
4
2,890
DETACHD
37
15815 ALLISON PL
$749,000
4
2.1
3,534
DETACHD
534
368 CERVANTES CIR
$141,000
2
1
882
CONDO
105

SOLD (JUNE 9 – JUNE 15, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
368 CERVANTES CIR
$159,900
$141,000
2
1
882
CONDO
105
3433 MCNARY PKWY
$189,900
$189,900
2
2
1,008
CONDO
270
13679 JOHNSON TER
$323,900
$302,000
2
1
840
DETACHD
400
14584 DORIS AVE
$399,900
$365,000
3
2
1,500
DETACHD
72
4902 SW CHILDS RD
$385,000
$379,000
3
1.1
1,370
DETACHD
37
4361 DOUGLAS WAY
$689,900
$500,000
4
3.1
2,728
DETACHD
321
16884 BRYANT RD
$769,800
$665,000
3
2
1,968
DETACHD
149
5644 SUNCREEK DR
$774,500
$755,000
4
3.1
3,616
DETACHD
5
17625 WOODHURST PL
$1,041,000
$850,000
4
4.1
4,197
DETACHD
121
448 COUNTRY CLUB RD
$1,750,000
$1,595,000
4
3.1
4,565
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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

Posted on

Lake Oswego Open Houses – June 21-22, 2008

Forty-six homes await the hardy open house fan in Lake Oswego this weekend, and there’s something in just about every price range, too.

Here’s the list of Lake Oswego opens for Saturday and Sunday:

Date Time Address
List Price
Bdrms
Baths
Total SF
6/22/08 4-6pm 86 KINGSGATE RD
$182,500
2
2
849
6/22/08 1-4pm 750 1ST ST
$239,000
2
2
1,350
6/21/08 12-3pm 3101 MCNARY PKWY
$264,700
3
2.1
1,992
6/22/08 1 – 3 pm 17570 MARDEE AVE
$309,950
3
1
1,050
6/21/08 12-3pm 200 BURNHAM RD
$315,000
2
2
1,334
6/22/08 2:30-5:00 4454 THUNDER VISTA LN
$324,900
2
2.1
2,040
6/21/08 1-3 PM 210 S STATE ST
$339,900
2
1.1
1,495
6/22/08 1-3 PM 210 S STATE ST
$339,900
2
1.1
1,495
6/21/08 1-3 PM 152 RIDGEWAY RD
$349,900
2
1.1
1,794
6/22/08 1-3 PM 152 RIDGEWAY RD
$349,900
2
1.1
1,794
6/22/08 1-3 PM 19250 SW MAREE CT
$385,000
3
2.1
1,519
6/22/08 2:30-4:30 16443 SW LAKE FOREST BLVD
$389,000
3
2
1,474
6/22/08 3:00-5:00 100 LEONARD ST
$418,900
2
2
1,364
6/22/08 1-3 PM 16990 LOWER MEADOWS DR
$419,900
3
2.1
2,000
6/21/08 2pm – 5pm 820 MCVEY AVE
$424,500
3
1.1
1,446
6/22/08 3:00-5:00 1725 FERNWOOD DR
$449,000
4
2.5
1,580
6/22/08 1-4pm 16946 LOWER MEADOWS DR
$449,000
3
2.1
1,795
6/22/08 3-5pm 2104 WEMBLEY PARK RD
$549,000
4
3
2,052
6/22/08 2 – 5PM 17784 TREETOP LN
$619,000
4
3
3,468
6/22/08 1-4pm 8 CAMELOT CT
$623,950
5
3
3,080
6/22/08 2-4pm 5624 SOUTHWOOD DR
$645,000
4
3
3,120
6/22/08 11:30 – 1:30 3061 WESTVIEW CT
$670,000
4
3
3,396
6/22/08 1-4pm 2525 DELLWOOD DR
$674,600
5
3
2,828
6/22/08 11-1pm 14 Del Prado
$680,000
5
3.1
4,094
6/22/08 2:00-4:30 5448 LANGFORD LN
$688,500
3
2.1
2,717
6/22/08 1:00-3:00 pm 2650 LOOKOUT CT
$699,900
4
3.1
3,480
6/22/08 1pm-4pm 1 BRITTEN CT
$699,950
4
3
2,325
6/22/08 2:00-4:30 5287 LANGFORD LN
$734,000
3
2.1
2,951
6/22/08 2:00-4:30 5364 LANGFORD LN
$738,950
3
2.1
2,932
6/22/08 2-4pm 18280 DELENKA LN
$839,900
5
3.1
4,405
6/22/08 2-4PM 1708 Oak ST
$839,900
4
2.1
3,450
6/22/08 1-3 PM 4102 CHAD DR
$848,950
4
2.1
3,054
6/21/08 12 to 3 3885 UPPER DR
$899,900
4
2.1
3,122
6/21/08 2:00-4:00 3030 SW WESTVIEW CT
$989,900
4
2.1
3,400
6/22/08 2:00-4:00 3030 SW WESTVIEW CT
$989,900
4
2.1
3,400
6/22/08 1-3 PM 13915 SUNDELEAF DR
$998,000
4
3.1
4,090
6/22/08 1-3 PM 1120 HOODVIEW LN
$998,000
4
3
3,454
6/22/08 12:30-3:00 3540 RED CEDAR WAY
$999,000
5
3.1
4,100
6/21/08 1-3 PM 161 FURNACE ST
$999,990
2
2
2,401
6/22/08 1-4pm 4316 UPPER DR
$1,198,950
4
3.1
4,376
6/22/08 1-3 PM 577 MIDDLECREST RD
$1,200,000
4
2.1
2,000
6/22/08 1-4pm 17211 BLUE HERON RD
$1,269,000
3
2.1
2,721
6/22/08 1-3 PM 622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
6/22/08 1-3 PM 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
6/22/08 1-3 PM 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
6/22/08 1-3 PM 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,659
6/22/08 2:00-4:00 1725 EDGECLIFF TER
$2,199,000
3
3.5
5,386

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. If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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Dispelling Eight Lake Oswego Myths

Trestle approaching Lake OswegoOn occasion at the PropertyBlotter, we will lapse into the nostalgic and the historic.

Today, we share a handful of myths concerning the lake, the town, founders, its early industry, and famous headstones.

(Full disclosure: I got this from the very interesting Oswego Heritage Council site).

  1. Oswego Lake is not an artificial lake. The natural lake was enlarged by successive dams that raised the water level and by a canal that connected it to the Tualatin River in 1873. Lakewood Bay, on the other hand, is largely man-made. It was originally a marsh, known as the Duck Pond. Developers flooded this swampy area in 1928 by digging a channel that linked it to the main lake.
  2. It is frequently said that Albert Alonzo Durham named Oswego after his birthplace in New York. However, Durham was born in Chenango County, not in Oswego, New York.
  3. The iron furnace in George Rogers Park is not a “chimney” or a “chimneystack.” This misconception probably stems from the fact that the stone tower containing the smelting chamber is called a “stack.” When it was operating, the furnace was a roaring inferno filled with burning charcoal and iron ore. A 33-foot-tall brick chimney once topped the furnace, but it was dismantled in the late 19th century. The furnace is also sometimes mistakenly called a foundry. An iron foundry re-melts pig iron and casts metal products.
  4. “Smelter” or “furnace” — what’s the right term? Oswego residents said “furnace” in the 19th century, which explains how Furnace Street got its name. Sometime in the early 20th century, residents began calling it a “smelter.” While this is technically correct, the term used by most historians is “furnace.” In the National Register of Historic Places the Oswego Iron Furnace is listed as the “Oregon Iron Company Furnace” after the company that built it in 1866.
  5. Oswego was not the first town to produce pig iron west of the Rocky Mountains. The Mormons built a small furnace at Cedar City, Utah in the 1850s. However, the 1866 Oswego Furnace was the first iron furnace on the West Coast. It was also the longest running and most productive of four furnaces built west of the Rockies in the 19th century.
  6. Oswego’s dream of becoming the “Pittsburgh of the West” was hardly unique. No less than eleven towns with mining or industrial ambitions aspired to this title. Among them were Kirkland, Washington; Richmond, California; Pueblo, Colorado; Eureka, Nevada; Llano, Texas; East Saint Louis, Illinois; and Terre Haute, Indiana.
  7. The city of Lake Oswego is not named after Oswego Lake. On the contrary, the lake is named after the town. Until 1913 the lake was called Sucker Lake. At the beginning of the 20th century developers searched for a more marketable name, at one time considering “Lake Tualatin.” In 1913 they successfully petitioned the U.S. Geographic Board to change the name to Oswego Lake. In 1960 when the city incorporated much of Lake Grove, the names of both communities were combined and the city was renamed Lake Oswego.
  8. Linus Pauling is not buried in the Oswego Pioneer Cemetery although there is a headstone there with his name on it. Pauling died in 1994 at his ranch in California. The family placed the headstone in the cemetery to honor his memory in the town where his relatives are buried and where he spent part of his childhood. Pauling’s grandfather was a German immigrant who came to Oregon to work in the Oswego Iron Furnace. Linus Pauling is the only winner of two unshared Nobel prizes: the prize for chemistry in 1954 and the Peace Prize in 1963.

Now, you know the rest of the story.

Source: Oswego Heritage Council. Photo courtesy of City of Lake Oswego.

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Lake Oswego Real Estate Market Activity – June 9-15, 2008

About 20 homes came off the market as either pending or sold listings over the past week. Forty-two new listings joined the 670 or so properties already on the market.

Here is the latest Lake Oswego real estate market activity report (see below the tables for additional notes):

NEWLY LISTED (JUNE 9 – 15, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
4000 CARMAN DR
$148,000
1
1
767
CONDO
6/9
45 EAGLE CREST DR
$149,900
1
1
600
CONDO
6/10
6927 SW MONTAUK CIR
$155,000
2
1
968
CONDO
6/11
222 RIDGEWAY RD
$192,780
1
1
756
CONDO
6/11
48 EAGLE CREST DR
$224,900
2
2
1,495
CONDO
6/9
750 1ST Street, No. 23
$264,500
2
2
1,350
CONDO
6/8
1764 CONIFER TER
$319,000
2
1
1,200
DETACHD
6/11
5057 FOOTHILLS DR
$325,000
2
2
1,312
CONDO
6/11
4524 LOWER DR
$339,900
3
2.1
1,636
ATTACHD
6/8
6 SUMMIT RIDGE CT
$378,900
2
2.1
1,750
ATTACHD
6/11
16824 INVERURIE RD
$429,900
3
3
1,896
DETACHD
6/13
4420 BERNARD ST
$429,900
3
3
1,830
DETACHD
6/8
4821 SW DAWN AVE
$437,000
3
2
1,955
DETACHD
6/9
4750 SW UPPER DR
$469,900
4
3
2,692
DETACHD
6/10
17311 ASHLEY CT
$469,900
4
2.1
2,117
DETACHD
6/12
668 MCVEY AVE
$499,000
3
1.1
985
CONDO
6/10
14480 CAMDEN LN
$525,000
3
2.1
1,944
DETACHD
6/8
1123 ERICKSON ST
$534,900
4
3
2,893
DETACHD
6/12
15480 HERITAGE CT
$545,000
4
2.1
2,432
DETACHD
6/9
1012 ANDREWS RD
$590,000
3
2
2,246
DETACHD
6/12
4946 MULHOLLAND DR
$599,900
3
2.1
2,584
ATTACHD
6/8
1245 BAYBERRY RD
$639,000
3
2
1,728
DETACHD
6/11
858 10TH ST
$639,000
3
2.1
2,205
DETACHD
6/11
16373 SW BONAIRE AVE
$649,000
3
2.1
2,400
DETACHD
6/12
5677 GRAND OAKS DR
$649,900
4
2.1
3,074
DETACHD
6/8
4076 COLTSFOOT LN
$680,000
4
3.1
3,882
DETACHD
6/9
4004 MELISSA DR
$698,000
4
2.1
2,840
DETACHD
6/8
55 NORTHSHORE RD
$699,000
3
2
2,750
CONDO
6/10
570 7TH ST
$799,000
4
2.1
2,528
DETACHD
6/12
353 D AVE
$825,000
4
2
3,228
DETACHD
6/12
2000 WEMBLEY PARK RD
$865,000
4
3
2,660
DETACHD
6/12
17332 LAKE HAVEN DR
$899,900
4
2
2,484
DETACHD
6/11
14133 AMBERWOOD CIR
$949,000
4
2.1
3,200
DETACHD
6/11
5435 WASHINGTON CT
$949,900
4
3.1
3,323
DETACHD
6/8
3030 SW WESTVIEW CT
$989,900
4
2.1
3,400
DETACHD
6/8
1120 HOODVIEW LN
$998,000
4
3
3,454
DETACHD
6/13
2886 UPPER DR
$1,000,760
3
3
2,674
DETACHD
6/8
17370 CANYON DR
$1,074,000
4
3.1
3,408
DETACHD
6/11
1667 VILLAGE PARK LN
$1,100,000
5
3.1
4,743
DETACHD
6/12
16511 MAPLE CIR
$1,299,000
3
3
3,341
DETACHD
6/10
3155 DOUGLAS CIR
$1,379,000
5
3.2
4,517
DETACHD
6/8
975 ENGLEWOOD DR
$1,595,000
5
3.1
4,085
DETACHD
6/9

PENDING SALES (JUNE 9 – 15, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
PENDING DATE
47 EAGLE CREST DR
$121,000
1
1
666
CONDO
74
45 EAGLE CREST DR
$163,333
1
1
768
CONDO
18
668 MCVEY AVE
$254,900
2
1
852
CONDO
10
5060 FOOTHILLS DR
$325,000
2
2
1,252
CONDO
19
14311 SHERBROOK PL
$399,900
3
2
1,767
DETACHD
242
12542 SW 27TH PL
$438,000
4
3
2,270
DETACHD
366
100 KINGSGATE RD
$445,000
3
2.1
1,960
DETACHD
78
5455 LANGFORD LN
$788,950
3
2.1
3,341
DETACHD
435
4700 SW DOGWOOD DR
$1,699,000
5
3.1
5,401
DETACHD
6

SOLD (JUNE 2 – JUNE 8, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
100 KERR PKWY
$89,900
$67,000
1
1
617
CONDO
73
6167 SW FERNBROOK ST
$299,000
$289,900
4
2
1,232
DETACHD
18
4840 LAMONT WAY
$339,900
$310,000
3
2
1,773
DETACHD
61
15245 BOONES WAY
$369,900
$344,000
3
2
1,600
ATTACHD
172
11 BLOCH TER
$375,000
$360,000
3
2.1
1,972
ATTACHD
7
5966 FROST LN
$399,900
$376,450
4
2.1
2,036
DETACHD
47
4231 SUNSET DR
$594,900
$549,900
3
2
2,852
DETACHD
74
691 7TH ST
$729,000
$675,000
2
2
2,424
DETACHD
55
17610 Brookhurst Drive
$1,095,000
$810,000
5
3.1
4,160
DETACHD
133
17367 BERGIS FARM DR
$1,750,000
$1,425,000
5
3.2
5,477
DETACHD
257
2880 UPPER DR
$1,790,000
$1,550,000
5
4.1
5,634
DETACHD
49
1730 NORTHSHORE RD
$1,949,000
$1,600,000
3
4
3,625
DETACHD
122

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.

If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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Lake Oswego Open Houses – June 14-15, 2008

A lot of open houses this weekend in Lake Oswego, despite the Father’s Day holiday. Perhaps these Dads have been given the weekend off from house chores to go out and play while their homes are shown. Let’s hope so!

Please note a bunch are open on Saturday.

Here’s the list of Lake Oswego opens for Saturday and Sunday:

Date Time Address
List Price
Bdrms
Baths
Total SF
6/15/08 12-2pm 86 KINGSGATE RD
$159,900
2
2
849
6/15/08 11-3pm 668 McVey
$220,000
2
1
836
6/15/08 11-1pm 4458 THUNDER VISTA LN
$339,500
3
2.1
2,200
6/14/08 2 to 4 23 FALSTAFF ST
$364,900
3
2
1,434
6/14/08 11:00 – 1:00 907 BULLOCK ST
$429,500
4
2
2,020
6/15/08 1-4pm 4284 WEST BAY RD
$439,900
3
2
1,539
6/15/08 1-3pm 17870 DEERBRUSH AVE
$449,900
3
2.1
1,912
6/15/08 1-4 PM 960 9TH ST
$525,000
3
1
1,429
6/15/08 12-3pm 3 CELLINI CT
$539,900
4
2.1
2,500
6/15/08 1-4pm 3 MASARYK ST
$574,000
4
3
4,283
6/15/08 1-3pm 112 D AVE
$579,900
2
2.1
1,741
6/14/08 11:00AM-2:00 1448 GREENTREE CIR
$588,000
3
2.1
2,587
6/15/08 1-3pm 5474 BAY CREEK DR
$599,900
4
2.1
2,322
6/15/08 1-3pm 10 BUCKINGHAM TER
$649,000
4
3
3,765
6/15/08 1-4pm 5677 GRAND OAKS DR
$649,900
4
2.1
3,074
6/14/08 1-4 PM 18086 JENIFERS WAY
$719,900
3
2.1
2,566
6/15/08 1-4 PM 18086 JENIFERS WAY
$719,900
3
2.1
2,566
6/15/08 1-3pm 4208 ALBERT CIR
$739,000
4
3
2,777
6/15/08 1-4pm 4102 CHAD DR
$848,950
4
2.1
3,054
6/14/08 2:00-4:00 3030 SW WESTVIEW CT
$989,900
4
2.1
3,400
6/15/08 2-4pm 13915 SUNDELEAF DR
$998,000
4
3.1
4,090
6/15/08 1-3pm 622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
6/15/08 1-3pm 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
6/15/08 1-3pm 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
6/14/08 1 – 3 pm 13322 LESLIE CT
$1,399,000
4
3.1
4,449
6/15/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,659
6/15/08 2-4PM 13200 SW THOMA RD
$2,950,000
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. If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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Bountiful Lake Oswego Parks Supply Myriad of Activities

Residents young and old flock to the bevy of parks sprinkled throughout Lake Oswego neighborhoods. And why shouldn’t they, with around 400 acres of greenspace, picnic areas, ballfields, trails, waterfront access and more to enjoy? With the summer (finally) upon us, it’s time to get out and explore!

Here’s a list of Lake Oswego parks with designations for sports, play/picnic, and trails. Be sure to scroll down for a map locating each of these spots with more in-depth descriptions.

Park Acres
Play /
Picnic
Sports /
Fields
Trails /
Wilderness
 Unique Features
Bryant Woods
16.7
•
  
Canal Acres
31.1
•
  
Cooks Butte
41.9
•
  
Foothills
10.0
•
riverfront
Freepons
5.9
•
•
  
Glenmorrie
2.3
•
•
  
George Rogers
26.1
•
•
•
 waterfront access
Greentree
0.4
•
 
Iron Mountain
43.0
•
  
Luscher
65.9
•
 off-leash dogs,
community gardens
McNary
2.3
•
 
Millenium
2.0
•
downtown center
Palisades
0.6
•
 
Pennington
1.0
•
  
Pilkington
3.7
•
 
Pine Cone
0.5
•
 
Hide-a-way
0.2
•
 
River Run
7.0
•
  
Roehr
7.5
•
•
 amphitheatre
Rossman
0.6
•
 
Southwood
2.5
•
  
Springbrook
52.1
•
  
Waluga (East)
24.7
•
•
•
  
Waluga (West)
28.5
•
•
  
Westlake
11.0
•
•
 
Westridge
2.2
•
•
•
 volleyball


View Larger Map

Visit the Lake Oswego Parks Department and download the Lake Oswego City Guide to Parks (PDF file)

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Go West Young Man!

I think a good question to ask is why our values are remaining relatively high compared to other parts of the United States. In one word: migration.

United Van Lines has tracked shipment patterns for people relocating within the United States since 1977. Their most recent study, which tracks migration patterns that occured in 2007, shows some interesting patterns.

2007-united-van-lines-migration-study-a.jpg

The area of the country that lost the greatest number of people was the Great Lakes Region with Michigan leading the pack as the top out-bound location. Other states with high out-bound migration were North Dakota and New Jersey. When looking at the out-bound trends, one that caught my eye was that the migration out of California slowed down last year to the smallest percentage seen in five years.

So where were migration trends of states that had more people moving in than moving out? In the South and in the West. North Carolina was the #1 destination state with Alabama and South Carolina not too far behind. In the West, the states that lead the pack for in-bound migration were Nevada, Oregon, and Arizona.

The economics of real estate value has a whole lot to do with demand. In Michigan, where the auto industry is a huge employer and has had to lay off many of its workers, it would make sense that there would be people moving away, less demand for housing, and lowering prices. In states like Oregon, where there are more people moving in than are moving out, it would have the reverse of the same logic. People moving in creates more demand for housing which could help to keep home prices stable.

Having said all of that, I found the statistic about California really interesting. People moving to Oregon from California is a big part of the real estate market. If that source of buyers in declining, I do think that it will have an impact on our market. In addition, if those people who do move to Oregon from California are getting less for the homes that they are selling, then they will have less purchasing power when they arrive in Oregon.

It will be very, very interesting to see how this plays out over the course of the next year or two.