Market Activity ~ Sept 3-9, 2012

Last week we ended with 16 New on the market, 14 Pending and 11 Sold.

See below for further details on last week’s Market Activity:

NEWLY LISTED (Sept 3-9, 2012)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #85 $124,500 2 2 834 CONDO
45 EAGLE CREST DR #405 $169,900 2 1.1 1056 CONDO
234 GREENRIDGE DR $279,900 3 2 1492 ATTACHD
668 McVey #72 $279,900 3 1.1 1184 CONDO
232 GREENRIDGE DR $285,000 3 2 1492 ATTACHD
236 GREENRIDGE DR $289,900 3 2 1492 ATTACHD
454 5TH ST $315,000 2 1.1 1092 ATTACHD
959 SW LEE ST $395,500 3 2 2340 DETACHD
14353 HOLLY SPRINGS RD $399,999 5 3 2238 CONDO
4231 SUNSET DR $437,500 3 2 2852 DETACHD
530 BOCA RATAN DR $469,000 4 0.3 3368 DETACHD
10 SHERWOOD CT $535,000 4 3.1 3289 DETACHD
4972 HAMPTON CT $539,000 5 3.1 3780 DETACHD
2322 STONEHURST CT $599,000 4 2.1 3602 DETACHD
17255 BLUE HERON RD $1,125,000 3 2.1 2926 DETACHD
1217 LAKE FRONT RD $1,350,000 3 2.1 2628 DETACHD

PENDING SALES (Sept 3-9,2012 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
92 CERVANTES CIR #11E $104,900 2 1.1 912 CONDO 15
4968 OAKRIDGE RD $185,000 3 1.1 1240 DETACHD 34
1127 CEDAR ST $229,500 2 1 1070 DETACHD 358
2167 WEMBLEY PARK RD $239,000 5 2 2680 DETACHD 6
5134 TREE ST $250,000 3 1.1 1405 DETACHD 2
16155 KIMBALL ST $289,000 3 1 1488 DETACHD 69
4582 TRILLIUM WOODS $369,900 3 2.1 1835 ATTACHD 136
14190 TAYLORS CREST LN $389,900 4 2.1 2577 DETACHD 20
17975 RIDGE LAKE DR $497,900 4 2.1 2727 DETACHD 15
361 BERWICK RD $679,000 4 3 2859 DETACHD 4
135 MIDDLECREST RD $699,900 3 2.1 2882 DETACHD 58
5680 LA MESA CT $719,900 4 3.1 3440 DETACHD 114
330 NORTHSHORE RD $749,000 4 3 3324 DETACHD 113
670 IRON MOUNTAIN BLVD $805,100 4 3.2 5421 DETACHD 186

SOLD (Sept 3-9,2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #514 $199,000 $160,000 1 1.1 1046 CONDO 277
8 WHEATHERSTONE $229,950 $210,000 3 2.1 1692 ATTACHD 74
15703 Boones WAY $349,000 $322,000 3 2.1 2180 DETACHD 55
4522 TRILLIUM WOODS Lot24 $388,990 $369,900 3 2.1 1835 ATTACHD 123
12 MORNINGVIEW LN $420,000 $396,000 3 2.1 2683 ATTACHD 44
2376 FERNWOOD CIR $489,000 $441,500 4 2 2094 DETACHD 9
1837 CEDAR CT $499,900 $449,900 5 3 2840 DETACHD 547
491 COUNTRY CLUB RD $559,000 $460,000 3 2 2486 DETACHD 486
16018 PARKER RD $589,900 $465,675 5 3.2 3204 DETACHD 62
1176 TROON RD $784,900 $760,000 3 2 3022 DETACHD 6
5112 WOODCREST LN #7 East $661,245 $760,091 4 4.1 3340 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

Open Houses ~ Aug. 26, 2012

Enjoy a great tour Sunday with these 29 homes from which to choose, according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
1127 CEDAR ST $229,500 2 1 1070 COTTAGE 12:30-4PM
16758 GRAEF CIR $269,000 3 1 1295 COTTAGE 2:30-4:30PM
4334 WOODSIDE CIR $269,900 3 2 1671 1STORY 1-3PM
4231 WOODSIDE CIR $298,500 3 2 1943 2STORY,TOWNHSE 1-3PM
4263 HARVEY WAY $355,000 3 2 1640 TRAD 1-3PM
3554 TEMPEST DR $392,500 3 2.1 2241 SPLIT,CUSTOM 1-3PM
13899 MAJESTIC CT $405,000 3 2 2357 CONTEMP 1-3PM
16439 LEXINGTON CT $449,000 2 2 1563 RANCH,TRAD 1-4PM
15585 PARTRIDGE DR $449,950 4 2.1 2604 CAPECOD,2STORY 2-5PM
1642 HIGHLAND DR $459,000 4 3 2234 SPLIT 1-3PM
17802 TREETOP LN $529,000 4 3.1 3655 COLONIL 12-2PM
17357 OAK MEADOW LN $535,000 4 2.1 3274 TRAD 12:30-2PM
2823 GLEN HAVEN RD $538,000 4 2 3015 TRAD 2-4PM
16734 Mellon ST $548,500 4 2.1 2368 TRAD 2:30-4:30PM
17561 SHEPHERDS CT $550,000 4 2.1 3011 TRAD 1-4PM
16746 Mellon ST $567,900 3 2.1 2724 TRAD 2:30-4:30PM
4994 HARTFORD PL $569,000 5 2.1 3325 TRAD 12:30-3PM
15655 FIELDSTONE DR $589,500 3 2.1 2750 TRAD 12-1PM
5533 FIELDSTONE CT $599,500 4 2.1 3115 TRAD 12-2PM
12994 SIERRA VISTA DR $599,500 6 3.1 3824 TRAD 12-3PM
18096 PILKINGTON RD $625,000 3 2.1 3182 TRAD,CUSTOM 1-3PM
5193 DENTON DR $635,000 4 2.1 3076 TRAD 1-3PM
16633 WOODSMAN CT $749,900 4 4 4131 2STORY,CUSTOM 1-4PM
588 9TH ST $795,000 4 2.1 2741 BUNGALO,2STORY 1-4PM
16805 SCOTT CT $892,000 3 3.1 4321 CUSTOM 2-4PM
17775 KELOK RD $949,500 4 2.1 2882 CONTEMP 1-4PM
18202 BELLA TERRA DR $1,075,000 4 3.1 3863 TRAD 12-2PM
1924 CHERYL CT $1,295,000 4 4.2 5204 OTHER,TRAD 1-4PM
1677 LESLIE LN $1,799,999 4 6.1 7534 MEDIT 2-4PM

Mortgage Assistance

There has been talk on the news lately that many people who might qualify for the government program to potentially help pay a year’s worth of mortgage payments do not seem to be taking advantage it.  Speculation has been that either 1) People believe it sounds too good to be true, or 2) People don’t know about it.

The following is basic information about the program for you to pass on to someone you love who may qualify (thanks to Naida Paris of The Valley Mortgage Group):

* Have you had a 25% drop in income from 2008 or 2009 and need help with your mortgage payment?

* Please go to www.oregonhomeownerhelp.org .  If you are chosen for the program your mortgage payments may be made for 12 months or up to $20,000.

* You do not need to be behind in payments.

* There is no credit report pulled to qualify you.

* There is no debt ratios requirement.

This program is statewide, funded by stimulus funds.  You can apply until January 14, 2011.  Each County is given an allotment of funds based on their economic need.  After you apply online, you will then bring income and asset documentation to your local housing authority to verify the loss of income.

Happy Holidays to You!!!

As Christmas weekend approaches, Dianne and I wanted to take a moment and wish you a very peaceful and joyous holiday with your friends and family.  It is such a pleasure for us to write this blog and to serve your needs through the year, and we appreciate each of you so much.

We will be taking a little holiday ourselves, and will be back with our weekly Activity Report on Monday, January 3rd, 2011.  Till then…. stay safe, warm and happy.

Merry Christmas & Happy Holidays!!!

Dianne and Linda

Market Activity Report ~ Dec 6-12, 2010

Happy December to all our Property Blotter readers! I have so many people ask me lately: “People don’t buy houses during the holiday season do they?” The first full week of December in Lake Oswego posts 8 homes New on the market (or that have been off for at least 30 days as in the case of a couple of these below), 9 that have moved to Pending status, and 6 that have Sold. My experience has always been a busy one around this time of year!

In the “Sold” section below I added a column (sorry it makes things kind of squished). We usually show what price the property Opened at, and then what price it Closed/Sold at. I inserted the “List Price” in between so that you can see the progression from left to right of how the price shifted, (or not as the case may be).

Here is last week’s Lake Oswego Market Activity according to RMLS:

New December 6-12, 2010

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR #8 $87,000 2 1 908 CONDO
18963 LONGFELLOW AVE $299,900 3 1.1 1232 DETACHD
17614 SCHALIT WAY $303,900 3 2 1561 DETACHD
18231 TERRY AVE $325,000 3 2 1764 DETACHD
1459 GREENTREE CIR $335,000 3 2 1683 DETACHD
1571 WOODLAND TER $349,900 3 2 2400 DETACHD
1952 Park Forest $389,900 5 3 2856 DETACHD
1901 CHERYL CT $949,900 4 4.1 4863 DETACHD

Pending Dec. 6-12, 2010

Address List Price # Bedrs # Baths Total SF Prop Type CDOM
4000 CARMAN DR 102 $119,950 2 2 866 CONDO 39
200 BURNHAM RD 408 $149,000 2 2 1335 CONDO 1172
46 GREENRIDGE CT $189,900 3 2.1 2128 CONDO 131
18530 PILKINGTON RD $229,900 3 2 1925 DETACHD 35
15824 BOONES WAY $361,900 3 2 1895 DETACHD 58
4198 GLACIER LILY ST $389,000 4 3 2806 DETACHD 3
16942 CHERRY CREST DR $410,000 4 2.1 2363 DETACHD 11
17031 CRESTVIEW DR $449,900 4 3 2403 DETACHD 496
14480 KRUSE OAKS BLVD $725,000 4 3.1 4661 DETACHD 281

Sold Dec. 6-12, 2010

Address O/Price List Price Close Price # Beds # Baths Total SF Prop Type CDOM
1520 LABURNUM WAY $299,000 $299,000 $285,000 4 2 1724 DET 464
17640 TREETOP WAY $524,995 $447,000 $415,000 4 3 2718 DET 199
17455 BLUE HERON RD $575,000 $575,000 $535,000 3 2 2572 DET 519
14370 PFEIFER DR $669,000 $629,000 $610,000 4 2.1 3318 DET 98
920 OAK TER $649,950 $649,950 $653,000 4 2.1 3467 DET 133
13322 LESLIE CT $1,098,000 $1,098,000 $975,000 5 3.1 4449 DET 75

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

News & Notes

The holiday season is in full swing! It also means we are nearing year’s end, and the City of Lake Oswego is busy on many fronts related to planning in various areas, and of course there are toy drives, food drives and blood drives as well. Here are a few activities and events coming up in the next few weeks:

* Lake Oswego is hosting a Blood Drive at City Hall on Friday, December 10th from 10:00AM till 3:00PM. They say that walk-ins are welcome, and/but making an appointment in advance helps them to keep things moving along smoothly. If you’d like to schedule an appointment, please call 503 675 6394.

* The discussion and debate on new codes relating to “Sensitive Lands” is entering a new phase. The City Council is holding a hearing to discuss the code changes, and says that the changes have been designed to “…maintain legal compliance while decreasing regulations on sensitive lands.” The hearing is set for December 13th at 6:30PM in Council Chambers.

* Lake Oswego is exploring the possibilities for enhanced public transit between Lake Oswego and Portland. The Draft Environmental Impact Statement can be viewed here: DEIS A public hearing before the Project Steering Committee is scheduled for January 24th from 5:00PM – 8:00PM at the Lakewood Center.

* It’s Free Shred Day again!!! Bring your shred-ables to the West End Building at 4101 Kruse Way on Saturday, December 11th from 10:00Am till 1:00PM or until the truck is full.. For more information/guidelines etc, click HERE.

* Lake Oswego Parks and Recreation has a Questionnaire for your input. The purpose is to solicit feedback that will help them determine the way the park system will look in the next 10 – 15 years. To participate, click HERE.

* Lake Oswego’s Toy and Food Drives are nearing their deadlines. There are stockings that can be picked up and returned filled for needy families in Clackamas County. Drop off sites include City Hall, The West End Building and the Adult Community Center, but time is running out. Also, the Oregon Food Bank is in dire need of more donations this year. You may make a non-perishable food donation at any of the same drop-off locations. For more information please call 503 635 0257.