Market Activity July 21-27, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 16 new properties enter the market, 26 move to pending status, and 16 closed/sold.

Following is the breakdown according to RMLS:

New on the Market (July 21-27, 2014)

Address Type Price BR Bths SF
18852 Longfellow Ave Detached $314,900 3 1.5 1232
16875 Tracy Ave Detached $320,000 4 2 1825
200 Burnham Rd Condo $385,000 3 2 1862
17617 Arbor Ln Detached $390,000 3 2 1745
69 Condolea Terrace Condo $395,000 2 2.5 2157
4208 Harvey Way Detached $419,000 2 2 2132
17225 Chapin Way Detached $425,000 3 2 2257
2105 Greentree Rd Detached $459,950 3 2.5 1864
960 9th St Detached $475,000 2 1 1509
32 Del Prado St Detached $529,900 5 3 3696
251 D Ave Detached $825,000 3 2.5+.5 2635
17288 Lowenberg Terrace Detached $875,000 4 3.5 3467
744 9th St Detached $1,295,000 4 3.5 4255
915 Skyland Dr + Lot Detached $1,350,000 6 4.5 7072
1199 Fairway Rd Detached $2,995,000 4 4.5+.5 5527
16835 Greenbrier Rd Detached $6,950,000 6 5.5+.5+.5 8852

Pending Sales (July 21-27, 2014)

Address Type Price BR Baths SF DOM
14344 Holly Springs Rd Detached $399,000 3 2.5 1699 0
25 Monticello Dr Detached $409,000 3 2.5 2606 3
28 Westridge Dr Detached $429,900 3 2.5 2580 49
1440 Cherry Crest Ave Detached $435,000 4 2.5 1938 41
4908 Mulholland Dr Attached $439,000 3 2.5 2498 8
37 Churchill Downs Detached $460,000 3 2.5 2372 8
5300 Dawn Ave Detached $479,500 4 3 2544 180
13753 Provincial Hill Dr Detached $479,900 3 2.5 1935 4
17573 Blue Heron Ct Detached $540,000 4 3 2401 142
1611 Highland Dr Detached $549,000 4 2.5 2675 14
5747 Victoria Ct Detached $569,000 4 2.5 2432 7
16158 Inverurie Rd Detached $619,900 4 2.5 2744 3
17641 Brookhurst Dr Detached $659,000 4 2.5 3386 2
14150 Amberwood Circle Detached $665,000 3 2.5 2500 14
543 2nd St Condo $686,000 2 2.5 1816 69
658 1st St Detached $699,000 5 3.5 3359 3
14183 Taylors Crest Ln Detached $749,999 4 2.5 3624 74
2479 Marylview Ct Detached $769,000 4 3.5 3832 18
1603 Bay View Ln Detached $824,000 4 2.5 3650 57
17230 Fernwood Dr Detached $899,900 4 2.5 2780 56
755 6th St Detached $909,000 4 3.5 4170 181
17643 Kelok Rd Detached $1,074,000 4 2.5 2390 63
16359 Chapin Way Detached $1,250,000 4 3.5 4158 59
1045 Skyland Dr Detached $1,250,000 4 3 3942 2
13710 Knaus Rd Detached $1,995,000 4 4.5+.5 5780 64

Sold (July 21-27, 2014)

Address Type List Price Closed Price Sq Ft CDOM
3101 McNary Pkwy Attached $239,000 $215,000 1894 604
3902 Carman DR Attached $204,900 $242,500 13334 3
60 Greenridge Ct Attached $312,000 $295,000 2296 17
77 Greenridge Ct Attached $300,000 $300,000 2,102 0
5073 West Sunset Dr Attached $364,900 $371,500 1720 5
628 1st St Attached $450,000 $445,000 1776 8
2388 Overlook Dr Detached $525,000 $480,000 2765 65
2103 Ridgewood Rd Detached $583,000 $499,000 1650 88
3033 Westview Circle Detached $900,000 $536,000 5013 254
14412 Meadow Grass St Detached $584,000 $560,000 3259 260
2251 Hillside Dr Detached $598,000 $588,000 3467 34
16673 Ford Pl Detached $709,000 $705,000 3,100 81
630 8th St Detached $995,000 $979,000 2832 132
4333 Haven St Detached $999,900 $979,900 3652 56
4515 West Rd Detached $1,350,000 $1,285,000 5262 4
17471 Cardinal Dr Detached $1,369,000 $1,325,000 3181 10

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

Lease Options

ArtAt least once every year I have someone who wants to look into doing a lease option. It is usually a buyer I am working with, but it can also be a seller.

There are quite a few reasons a person would want to do an lease option. Usually it is because financially their situation will be different a year from now. Perhaps they want to save money for a down payment or they expect to be receiving money that could become a down payment. They need to move now and would really like to just move once: rent today and buy tomorrow.

I am currently working on a property that I represented the seller on who accepted a lease option. It is a very unique situation. Aging parents noticed the house for sale across the street from their daughter and son-in-law. Parents were not certain how their health and their personal situation would look a year ago. They entered into a lease option with my seller to “test the waters” with the house. It has worked out very well for them and they are now buying the house.

For my client, the seller, he appreciated the sound financial standing the buyer was able to demonstrate. In addition, he negotiated a good sales price by being willing to work with the option. He was not living in the house, having already moved. So his circumstances fit the situation as well.

Here is how the option worked. The buyers put down a very large, non-refundable option fee. This fee was paid directly to the seller. So the seller got a nice sum right up front. That option fee is being applied to the price of the house now that the option is being exercised. The buyers moved in and began paying rent. 10% of the rent they have paid for the last year is also being applied to the purchase price now that the option is being exercised. So the seller got money up front and got steady rent for a year. The buyer has already paid a portion of the purchase price through the rent and the option fee. It is coming together pretty smoothly.

However, there is risk. A seller needs legal council before entering into a lease option. That council needs to review his loan documents to see if the “Due on Sale” Clause usually contained in a mortgage can be triggered by a lease option. If it can, and the lender finds out about the option, the lender can call the loan due in full. This could create a bit of a crisis for both the seller who now has to cash out a mortgage,Oswego-Lake and for the buyer who may or may not want to buy the house.

I also think that most of the folks I council about lease options really are not in a position to do one. This is because if the reason for the option is lack of funds today, then they don’t have the means to pay an option fee up front.

My last comment is that a buyer wanting a lease option is probably better off simply finding a rental until they are ready to buy. There are very few sellers willing to do lease options. So finding a home you love, that is also available with a lease option, really narrows your house selection.

Real estate has so many things going on and, yes, lease options are one of them. It may even be something that would fit your current circumstances. Do not hesitate to give me a call if you have any questions.
Dianne, 503-803-6298

Market Activity July 7-13, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 23 New properties enter the market, 22 move to Pending status, and 15 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (July 7-13, 2014)

Address Type Price BR Bths SF
45 Eagle Crest DR #516 Condo $155,000 1 1 600
16250 Pacific Hwy #55 Condo $269,000 2 2 1305
1400 Parrish St Condo $335,000 3 2.5 1880
16250 Pacific Hwy #76 Condo $345,000 3 2 1761
205 Hidalgo St Detached $499,900 3 3.5 3032
1611 Highland Dr Detached $549,000 4 2.5 2675
1161 Upper Devon Ln Detached $549,000 3 2.5 2265
577 2nd ST #306 Condo $570,000 2 2 1459
4252 Albert Circle Detached $599,000 4 2.5 2842
8 Hidalgo St Detached $599,900 4 3.5 3123
5415 Bay Creek Dr Detached $600,000 3 2.5 3105
18910 Terry Ave Detached $638,800 4 4.5 4290
555 Country Club Rd Detached $639,900 3 2.5 2133
14150 Amberwood Circle Detached $665,000 3 2.5 2500
1116 C Ave Detached $679,000 4 2.5 3611
15001 Twin Fir Rd Detached $679,900 4 3 2664
146 Del Prado St Detached $699,900 3 3 3263
71 Nansen Summit Detached $749,900 4 2.5 3523
2479 Marylhurst Pl Detached $839,000 4 2.5 4281
1525 Maple St Detached $899,000 3 3.5 2815
18224 Bella Terra Dr Detached $1,225,000 4 3.5 4050
13777 Cameo Ct Detached $1,700,000 4 5.5 7300

Pending Sales (July 7-13, 2014)

Address Type Price BR Baths SF DOM
44 Eagle Crest DR #15 Condo $100,000 1 1 798 94
4 Touchstone #62 Condo $158,500 3 2.5 1351 6
45 Eagle Crest DR #100 Condo $215,000 3 2 1537 21
1368 Boca Ratan Dr Attached $257,500 2 2 1611 55
13 Saint Helens Circle Detached $310,880 3 2.5 2022 143
19200 Indian Creek Ave Detached $338,000 3 2 1443 14
3009 Wembley Park Rd Detached $375,000 3 1.5 1763 3
15465 Tanager Dr Detached $379,000 2 2 1535 6
43 Aquinas St Detached $449,000 3 2.5 2138 31
529 2nd ST Condo $450,000 2 2 1339 25
1950 Green Acres Ln Detached $479,000 4 2.5 2659 485
18343 Anduin Terrace Detached $550,000 4 2.5 3000 375
828 5th St Detached $550,000 2 2 1884 10
4581 Trillium Woods Attached $567,890 3 2.5 2211 2
15254 Candlewood Ct Detached $599,000 5 3 2968 126
17033 Chapin Way Detached $639,000 5 2.5 3163 113
13268 Deerfield Ct Detached $649,900 4 2.5 2895 2
17303 Grandview Ct Detached $675,000 4 3.5 3580 49
827 5th St Detached $689,000 3 2 2124 50
654 Ridgeway Rd Detached $825,000 4 2 1795 27
2105 Ridge Pointe Dr Detached $850,000 5 3.5 5513 110
2120 Glenmorrie Dr Detached $1,200,000 4 3.5 4293 124

Sold (July 7-13, 2014)

Address Type List Price Closed Price Sq Ft CDOM
86 Kingsgate Rd B103 Condo $136,500 $129,000 924 55
3956 Carman Dr Attached $199,950 $207,000 1107 10
4296 Sunset Dr Detached $359,000 $369,000 1680 2
1044 Obrien St Detached $387,500 $378,980 1,902 9
2660 Lookout Ct Detached $469,000 $445,000 2565 90
5189 Coventry Ct Detached $514,900 $450,000 1936 104
1858 Southshore Blvd Detached $484,000 $455,000 2068 45
4639 Black Forest Ct Detached $499,000 $499,000 2197 21
1012 Andrews Rd Detached $574,900 $510,000 2143 109
15644 Fieldstone Dr Detached $575,000 $575,000 2588 56
18283 Lothlorien Way Detached $639,500 $610,000 3015 16
4311 Upper Dr Detached $995,000 $940,000 5,051 87
17342 Ridgeview Ct Detached $1,250,000 $1,236,878 4240 294
688 Iron Mountain Blvd Detached $1,299,000 $1,260,000 4143 4
3214 Lakeview Blvd Detached $7,500,000 $3,475,000 5800 1119

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

Market Activity June 23-30, 2014

We had a bit of a surge in new listings last week with 35 properties entering the market. 22 moved to pending status. 27 homes became closed/sold properties.

Following is the breakdown according to RMLS:

New on the Market (June 23-30, 2014)

Address Type Price BR Bths SF
100 Kerr Pkwy Condo $115,000 2 1.5 822
3902 Carman Dr Attached $204,900 3 2.5 1334
750 1st ST D25 Condo $224,900 2 2 1350
482 S State ST 3B Condo $225,000 2 1 1659
26 Wheatherstone Attached $249,900 3 2.5 1692
7140 Childs Rd Detached $285,000 3 1 2032
18325 SW 65th Ave Detached $315,000 3 2 1071
19200 Indian Creek Ave Detached $338,000 3 2 1443
135 Kingsgate Rd Detached $357,000 3 2.5 1647
5073 W Sunset Dr Attached $364,900 2 2.5 1720
2130 Wembley Park Rd Detached $399,900 3 1.5 1544
1380 Bonniebrae Dr Detached $415,000 5 3 2940
15 Touchstone Detached $425,000 4 2.5 2276
2944 Dellwood Dr Detached $425,000 3 3 2152
386 Livingood Ln Detached $439,000 3 3 2480
836 Oak St Detached $439,500 3 2.5 2856
5665 Washington Ct Detached $447,500 3 2 1928
3225 Tempest Dr Detached $448,000 3 2.5 2231
1677 Laurel St Detached $469,900 4 3.5 2445
1191 Oxford Dr Detached $475,000 5 3 2900
76 Touchstone Detached $479,000 5 2.5 2856
5099 Galen St Detached $479,000 4 2.5 2246
12 Scarborough Dr Detached $549,000 4 2.5 2943
828 5th St Detached $550,000 2 2 1884
3815 Southshore Blvd Detached $574,900 4 2 2638
5807 Ridgetop Ct Detached $649,900 5 2.5 2610
1403 Greentree Ave Detached $669,000 5 3.5 4047
2341 Stonehurst Ct Detached $675,000 4 2.5 3406
504 10th St Detached $750,000 3 2 2300
1936 Palisades Lake Ct Detached $750,000 4 2.5+.5 3939
1051 Country Commons Detached $889,000 4 2.5 3582
814 Lake Shore Rd Detached $899,000 4 2.5 1972
257 Iron Mountain Blvd Detached $899,000 4 2.5+.5 3746
730 Kenola Ct Detached $937,500 4 3.5 4319
2015 Street of Dream Detached $1,998,000 5 4.5 5185

Pending Sales (June 23-30, 2014)

Address Type Price BR Baths SF DOM
3834 Botticelli St Condo $190,000 2 2 1055 109
5487 Tualata Ct Detached $260,000 3 2 1191 0
6360 McEwan Rd Detached $275,500 3 1.5 1450 19
304 6th St Detached $399,900 1 1 941 134
17200 Warren Ct Detached $404,000 4 2.5 2241 132
10 Mozarteum Ct Detached $445,000 3 3 2755 6
628 1st St Attached $450,000 2 2.5 1776 8
16943 Greentree Ave Detached $479,000 4 3.5 2433 29
10 Hotspur St Detached $492,000 4 2.5 2313 4
2103 Ridgewood Rd Detached $499,000 4 2 1650 88
10 El Greco St Detached $529,000 4 3 2862 3
2251 Hillside Dr Detached $598,000 4 3 3467 34
17879 Sundown Ct Detached $635,000 4 2.5 4172 3
14167 Edenberry Dr Detached $659,000 4 2.5 2851 9
14564 Kruse Oaks Blvd Detached $689,900 5 2.5 3001 10
1876 Palisades Lake Ct Detached $697,900 3 2.5 3178 61
16672 Ford Pl Detached $709,900 4 3 3100 81
5676 Suncreek Dr Detached $799,000 4 3.5 3312 2
841 Northshore Rd Detached $889,850 3 3 2388 12
4515 West Rd Detached $1,350,000 4 3.5 5262 4
13648 Goodall Rd Lot 1 Detached $1,497,000 4 4.5+.5 5206 513
4101 Southshore Blvd Detached $2,850,000 3 3.5 3707 2

Closed/Sold (June 23-30, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4 Touchstone #106 Condo $119,900 $119,900 984 2
206 Ridgeway Rd Condo $149,000 $149,000 778 1
4047 Jefferson Pkwy Condo $172,500 $176,750 1228 3
198 Cervantes Attached $229,000 $229,000 1,266 26
23 Bloch Terr Attached $269,000 $260,000 1394 45
4429 Thunder Vista Ln Condo $269,900 $266,000 1793 0
12731 19th Ave Detached $359,900 $327,500 2020 75
136 Kingsgate Rd Detached $345,000 $340,000 1570 11
2762 Vale Ct Detached $419,500 $412,000 1972 4
9 Masaryk St Detached $399,900 $378,500 2692 81
790 Laurel St Detached $379,850 $385,000 2040 5
13134 Vermeer Dr Detached $412,000 $412,000 1,972 4
15443 Meadowlark Ct Detached $469,000 $459,000 1872 1
1731 Highland Dr Detached $473,900 $469,000 2636 21
18 Morningview Circle Detached $540,000 $520,000 2931 64
99 Garibaldi ST Detached $525,000 $526,000 2626 12
4900 Upper Dr Detached $549,000 $555,000 2468 6
4713 Amherst Ct Attached $589,000 $570,000 2,980 8
340 8th St Detached $589,000 $580,000 2038 14
1132 Troon Rd Detached $585,000 $591,000 1585 23
3015 Royce Way Detached $689,900 $625,000 4081 41
220 Greenwood Rd Detached $670,000 $670,000 2742 20
13300 Fox Run Detached $699,900 $684,500 4484 60
3211 Westview Ct Detached $722,500 $696,000 3325 287
17356 Bryant Rd Detached $724,900 $715,000 3140 36
14385 Pfeifer Dr Detached $749,000 $750,000 3891 5
163 Iron Mountain Blvd Detached $1,429,000 $1,385,000 4314 103

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

Featured Property: 16998 Greentree Ave

I am excited to tell you about a new listing in the Palisades neighborhood. This house is unique in a couple of ways.

Greentree 003First, it’s a mid-century modern home with a stunning floor-to-ceiling stone fireplace and open-beamed wood ceilings. Retro details include period door knobs and clean lines, all reflective of having been built in 1968.

Greentree 012Second, it’s a tremendous value for the area. With 2392 square feet, there are 4 bedrooms, 2 1/2 baths, a big living room + a big family room, all for $409,900. On the same block of homes there is a house that is slightly larger for $499,000 and a recently remodeled home that is slightly smaller for $549,000. So the price on this house is a real value. The price reflects the fact that some remodeling has been done, but more is needed. The house has new exterior paint, a certified roof, and an updated kitchen. But it still needs updates to the baths and new windows.

Third, this house has a second kitchen in the lower level. The lot has a gentle slope with the carport and a separate entry downstairs. This makes the home ideal for in-law quarters, 2 separate living areas for house sharing, and any number of combinations. It is extremely flexible space.

Greentree 011The house has a big sunny lot that is fully fenced. It is adjacent to the Greentree pool. The new owner can continue the membership at the pool for $525 a year.

I would love to answer your questions and have the opportunity to show you this home. Please do not hesitate to contact me.
Dianne, 503-803-6298

Market Activity June 9-15, 2014

It’s been another strong week for real estate in Lake Osweago.

Here is your Latest Market Data: Last week in Lake Oswego we saw 25 New properties enter the market, 24 move to Pending status, and 23 “Closed”/Sold. Following is the breakdown according to RMLS:

New on the Market (June 9-15, 2014)

Address Type Price BR Bths SF
18 Oswego Summit Condo $74,000 1 1 765
111 Touchstone Terrace Attached $249,900 2 2 1341
5720 Kenny St Detached $299,900 3 2 1416
4291 Woodside Circle Attached $339,000 3 2 2026
880 Boca Ratan Dr Detached $389,900 5 3 2364
1716 Hallinan St Detached $399,000 4 3 1872
16998 Greentree Ave Detached $409,900 4 2.5 2392
43 Aquinas St Detached $449,000 3 2.5 1936
1440 Cherry Crest Ave Detached $459,900 3 2.5 1938
811 Sunny Hill Dr Detached $499,999 4 3 2964
876 Sunny Hill Dr Detached $519,000 4 2.5 2164
18212 Indian Creek Dr Detached $549,900 4 2.5 2251
4736 Lakeview Blvd Detached $584,900 5 3.5 2838
14167 Edenberry Dr Detached $659,000 4 2.5 2851
551 2nd St Condo $660,000 2 2 1631
2131 Wembley Park Rd Detached $675,000 4 2.5 3228
5005 Dogwood Dr Detached $819,000 4 3.5 4068
5435 Washington Ct Detached $824,900 4 3.5 3318
841 Northshore Rd Detached $949,850 3 3 2388
13711 Fielding Rd Detached $995,000 4 5 4649
925 Iron Mountain Blvd Detached $1,095,000 4 3.5 3555
17471 Cardinal Dr Detached $1,369,000 5 3.5 3181
16775 Graef Circle Detached $1,450,000 3 2.5 2448
1777 Atherton Dr Detached $1,595,000 6 4.5+.5+.5 6033
16655 Maple Circle Detached $2,200,000 4 4.5 3228

Pending Sales (June 9-15, 2014)

Address Type Price BR Baths SF DOM
44 Eagle Crest Dr #37 Condo $131,900 2 1 908 57
3884 Botticelli St #34 Condo $155,000 2 1.5 1132 88
5225 Jean Rd #506 Condo $159,900 2 2 1100 7
4047 Jefferson Pkwy Condo $172,500 3 2.5 1228 3
6360 McEwan Rd Detached $275,500 3 1.5 1450 5
5875 Kenny St Detached $299,900 3 1 1113 3
18275 TerryCt Detached $319,000 3 1.5 1270 23
5172 Lakeview Blvd Detached $379,500 3 2 1438 42
17270 Bryant Rd Detached $384,900 3 3 2619 1
5365 Lakeview Blvd Detached $395,000 4 2.5 1754 1
1710 Meadows Dr Detached $399,900 3 2 1677 56
4711 Rembrandt Ln Detached $399,900 3 2.5 2050 36
708 Sunny Hill Dr Detached $479,900 3 2 1977 33
2 Morningview Circle Detached $489,000 3 2.5 2954 4
4 Camelot Ct Detached $499,900 5 3 3344 115
363 6th St Attached $559,900 3 3.5 2258 218
17350 Canyon Dr Detached $634,900 6 3.5 3488 107
18717 Pilkington Rd Detached $674,900 4 2.5 2684 48
15578 Village Dr Detached $889,000 3 2.5 3630 19
630 8th St Detached $979,000 4 2.5 2832 132
18000 Sarah Hill Ln Detached $999,999 4 2.5 3280 31
18325 Crestline Dr Detached $1,240,000 5 4 5418 74
752 8th ST Detached $1,250,000 4 3.5 4550 53
3140 Childs Rd Detached $1,950,000 5 5.5 6449 145

Sold (June 9-15, 2014)

Address Type List Price Closed Price Sq Ft CDOM
13060 Elk Rock Rd A Detached $175,000 $100,000 502 87
4465 Golden Ln Attached $249,900 $236,000 1996 39
16231 Parker Rd Detached $289,000 $292,000 1549 3
772 Lake Forest Dr Detached $377,500 $367,500 888 4
1290 Hide A Way Ln Detached $400,000 $400,000 2530 5
17151 Campus Way Detached $419,000 $407,000 2418 14
824 Evergreen Rd Detached $465,000 $443,750 1420 14
29 Del Prado St Detached $459,900 $445,000 2972 14
1551 Woodland Terrace Detached $468,000 $459,000 2712 40
4908 Hastings Dr Detached $489,750 $465,000 2096 47
1430 Woodland Terrace Detached $469,000 $469,000 3162 49
53 Touchstone Detached $525,000 $525,000 2,740 7
18060 Cardinal Dr Detached $529,900 $529,900 2547 20
1428 Pine St Detached $550,000 $530,000 2736 93
2401 Glen Haven Rd Detached $535,000 $545,000 2779 15
4303 Sundew Ct Detached $599,000 $560,000 3355 21
1830 Cloverleaf Rd Detached $598,000 $589,000 1857 56
16589 Woodsman Ct Detached $749,000 $749,000 5,113 12
14110 Goodall Rd Detached $995,000 $970,000 3945 132
1475 Skyland Dr Detached $1,000,000 $975,000 3695 132
18025 Skyland Circle Detached $1,199,000 $1,095,000 5379 228
16777 Phantom Bluff Detached $1,400,000 $1,135,000 5045 326
1793 Atherton Dr Detached $1,595,000 $1,280,000 6500 327

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

LO Adult Community Center

sign_002I think a well rounded community has services for all citizens, regardless of their age. It goes without saying that nearly every community has public schools and parks. The youth tend to be very well served. However, that is not always the case for our senior citizens. In Lake Oswego, great effort has been made to engage our seniors and the heart of this program is the Lake Oswego Adult Community Center.

Located at 505 G Avenue, in Lake Oswego’s First Addition, the center is open Monday thru Friday from 8:00am to 9:00pm. The programs and services are for those in the community who are 50 years of age and older.

What will you find?

Lunch is served Monday, Wednesday, and Friday at noon. Delicious hot meals are served for a suggested donation of $4-5. Looking at the June menu, I found chicken, pork, salmon, salad, veggies, and deserts. It a generous meal with all of the fixings.

Friday is movie day every week at 1:00pm.

Lots of classes are offered including fitness, zumba, knitting, painting, meditation, line dance, computers and technology.

Groups meet regularly to enjoy Bridge, Mah Jongg, hiking, pinochle, and scrabble.

There are support groups for arthritis, caregiving, diabetes, and the widowed.

Services are offered to aid with income tax preparation and there is a respite program for those dealing with memory loss, Parkinsons, and stroke.

I have personally taken advantage of the assisted living equipment. Just drop in, fill out an application, and the equipment is free. I occasionally check out a transportation wheel chair for my Mom. She does not need a full-time wheelchair. But we occasionally do longer outings and having one to use enable both of us to see and do more.

shuttle_busThe transportation program is amazing. Monday, Wednesday and Friday a bus is sent around town to collect those who no longer drive. It is a door-to-door service that picks them up and brings them to the center for lunch and drops them back home in the afternoon. This is done for a suggested donation of $1.

I think the Adult Community Center in Lake Oswego is pretty amazing. Aging is a challenge. Staying active, both socially and physically, is important. I want to encourage you, if you are 50+ years young, to take advantage of the ACC. And if you are not there yet, consider telling your friends and neighbors about it.

Enjoy!
Dianne

Market Activity May 26-June 1, 2014

Last week was an extremely balanced real estate market in Lake Oswego with 21 New Listings, 22 that went to pending status, and 22 sold/closed. Congratulations to the sellers at 3232 Lakeview Blvd who sold their lake front home after 1113 days on the market! Following is the breakdown according to RMLS:

New on the Market (May 26-June 1, 2014)

Address Type Price BR Bths SF
3433 Mcnary Pkwy #802 Condo $209,500 2 2.5 1136
77 Condolea Way Condo $320,000 3 3 2143
15364 Twin Fir Rd Detached $375,000 3 2 1608
200 Burnham Rd #210 Condo $449,900 3 2 1966
7 Windsor Ct Detached $495,000 5 2.5 2728
12 Mozrteum Ct Detached $495,000 4 2.5 2915
16943 Greentree Ave Detached $499,000 4 3.5 2433
27 Da Vinci St Detached $499,027 4 3 2940
3718 Lake Grove Ave Detached $500,000 4 3 2523
1765 Conifer Dr Detached $524,888 4 2.5 2334
23 Touchstone Detached $525,000 5 4 3144
11 Juarez St Detached $595,000 4 2.5 2551
877 Cornell St Detached $669,900 3 3 3100
13437 Provincial Hill Way Detached $675,000 4 2.5 2864
1603 Bay View Ln Detached $849,000 4 2.5 3650
927 10th St Detached $949,900 4 2.5 2780
16359 Chapin Way Detached $1,250,000 4 3.5 4158
2445 Glenmorrie Dr Detached $1,479,900 4 5 5187
1103 Lake Shore Rd Detached $1,498,500 4 3 3747
16865 Greenbriar Rd Detached $2,988,897 5 5 6235
16697 Maple Circle Detached $4,295,000 4 3.5 3146

Pending Sales (May 26-June 1, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #106 Condo $119,900 2 2 984 2
109 Oswego Summit Condo $149,900 2 2 1212 34
198 Cervantes Attached $229,000 2 1.5 1266 26
23 Bloch Terr Attached $269,000 2 2 1394 45
12 Saint Helens Circle Detached $324,900 3 2.5 2022 98
18004 Belmore Ct Detached $349,900 3 2 1410 2
790 Laurel St Detached $379,850 3 2 2040 5
4956 Galen St Detached $399,999 4 2.5 2431 45
13911 Shireva Dr Detached $414,900 4 2 1835 2
524 2nd St Condo $420,000 2 2.5 1547 0
4747 Upper Dr Detached $450,000 3 1 2046 55
13053 Sierra Ct Detached $464,900 4 2.5 2215 87
1858 Southshore Blvd Detached $465,000 4 2 2068 45
1731 Highland Dr Detached $469,000 4 2 2636 21
5189 Coventry Ct Detached $495,000 3 2.5 1936 21
3601 Red Cedar Way Detached $507,000 4 2 2226 86
4 Churchill Downs Detached $509,500 4 3.5 3188 1
4900 Upper DR Detached $549,000 3 2 2468 6
4264 Westbay Rd Detached $549,900 3 2 1308 16
340 8th St Detached $589,000 3 2 2038 14
5184 Woodcrest Ln Lot 1 Detached $639,900 4 2.5 2935 161
3130 Douglas Circle Detached $1,448,000 4 3.5 3970 75

Sold/Closed (May 26-June 1, 2014)

Address Type List Price Closed Price Sq Ft CDOM
78 Galen St Condo $139,000 $135,000 995 5
5052 Foothills Dr E Condo $249,900 $240,000 1252 7
1728 Boca Ratan Dr Attached $275,000 $272,000 1393 7
39 Greenridge Ct Attached $270,000 $275,000 1,664 7
5766 Langford Ln Detached $379,500 $340,000 1327 53
46 N Condolea Ct Condo $357,000 $345,000 2958 76
18307 Longfellow Ave Detached $359,900 $348,500 1440 12
6150 Kenny St Detached $465,000 $365,000 1989 12
14150 Goodall Rd Detached $374,900 $374,900 1565 3
4677 Oakridge Rd Attached $424,900 $424,200 1738 3
5063 Greensborough Ct Detached $425,000 $440,000 1647 2
2766 Greentree Rd Detached $499,500 $450,000 2,753 251
3102 Duncan Dr Detached $529,000 $480,000 3910 22
4910 Lower Dr Detached $529,900 $499,900 2151 376
3801 Olson Ct Detached $469,900 $515,000 3014 5
16198 Nola Ct Detached $598,950 $603,950 2425 26
17532 Oak Meadow Ln Detached $669,000 $635,000 3046 42
13555 Fielding Rd Detached $749,900 $680,000 3,656 112
18112 Westminster Dr Detached $750,000 $690,000 4391 164
5112 Woodcrest Ln Detached $799,900 $768,000 3340 27
1221 Forest Meadows Way Detached $1,200,000 $1,000,000 4150 325
3232 Lakeview Blvd Detached $6,300,000 $2,250,000 7000 1113

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

Eating Fresh and Local

departmental_banner_farmers_market_berries
With the bounty of summer upon us, it just got easier to eat farm fresh and local!

The Farmer’s Market has begun!
Running Saturday’s through October 11th, the market is located at Millennium
Plaza Park. You’ll find a huge variety from the 80 vendors: fresh produce, artisan cheeses, bakery goods, jams and jellies, fresh seafood, the list goes on and on.

I recommend you come hungry and take advantage of the vendors selling freshly made meals. A Vietnamese Bistro, the most scrumptious omelets around, pizza, coffee, baked goods, it’s a great place to find an amazing meal.

This market has a real sense of community. Besides eating and shopping, there is a kids corner, live entertainment from 10:30 to 12:30, and complimentary doggie daycare.

thumb_3581Fresh Produce Approved!
This last week the Lake Oswego City Council passed an ordinance that will allow fresh produce stands all over town. This was prompted by the closing of the Parson’s Produce stand on Carmen Drive. After 25 years the stand was closed due to construction of a new shopping area. It left a huge loss in the community that is now going to be quickly filled.

Produce stands are now allowed in otherwise commercial zoned areas in a size up to 800 square feet. I predict that not only will Parson’s quickly find a new location, but that other farm fresh groups will quickly set up shop as well.

This is fantastic! Strawberries, cherries, fresh corn, yum!

I am so looking forward to the summer months ahead,
Dianne