Affordable homes Archives - Page 3 of 130

January 29, 2022January 31, 2022

Lake Oswego Canals

The city/town of Lake Oswego completely surrounds Oswego Lake. Living here is all about the water. There are various options when it comes to considering waterfront property. The main lake is one (most expensive option) the bays are another possibility, and then there are the unique and beautiful canals that are actually more affordable & have that other-worldly or at least Venetian feel.

But whether you live waterfront or not, the water is a constant companion & everything in Lake Oswego is built to accommodate it’s flow. Before I became a Realtor (waaaay back ; ) I used to work in Lake Oswego. And I would drive from my Palisades home via South Shore Blvd to get to my office. I love that drive, and especially love passing over the bridges that cross the canals. There is such a peaceful feeling to it. The only better commute came when I shifted to an in-home office! But of course I can always find a reason, work-related or not, to wind my way along South Shore.

Traversing along South Shore, you cross three bridges. Oswego Canal runs alongside Kelok Rd & was completed in 1872 when it was dug with the intention to connect the Tualatin River to the Willamette River via “Sucker Lake” (originally known “Waluga Lake” & later more eloquently renamed from the “Sucker Lake” moniker given it by the settlers). It was widened in 1881. Originally this canal was meant to allow for lumber & other goods to traverse across the lake & then move on to the Willamette across a very short distance via a planned series of aqueducts to adjust for elevation differences. Those aqueduct plans were eventually scrubbed after Willamette Falls Locks created a new and easier/preferable shipping option than the Tualatin River.

The other two canals that you cross over when taking that beautiful scenic drive are the Blue Heron Bay/Canal. It winds along and ends before you reach Bryant Rd, not connecting to any other body of water than Oswego Lake. West Bay also has a shorter canal that you’ll cross over while on South Shore that leads from the lake to the bay.

On the other side of the lake, a short canal was dug back in 1828 to connect to a marshy area called the Duck Pond which was flooded and then became a part of the lake. We know it as Lakewood Bay near city-center shops, restaurants, the theater, Millenium Plaza Park, and Hwy 43/State St. There is a little bridge over the canal at Northshore Rd.

January 27, 2022September 11, 2022

Market Activity ~Jan 17-23, 2022

Greetings Dear Property Blotter Readers! Last week we had just one property come to market, and that one was on the market in December/then something happened & it came back as available. It is a beautiful home! I used to live right up the hill from it and though it backs to a busy road, the landscaping and well-nurtured privacy they’ve created is really something to see. Plus, it is in a coveted spot in Palisades! It’s very near to where the Palisades Market used to be…I called it Planet Palisades as when you walked in the door (which I did often), the ambience and the people who worked there really did make your day…every time. There is a New Seasons slated to go in that space and I have a feeling they will carry that whole tradition forward. The 7 Dees landscaping nursery is also nearby, as is a really nice Thai dining place, as well as easy access on Stafford or South Shore or Hwy 43…its all close, and the list goes on. Check it out if you’re looking.

We also saw 11 properties move to Pending status, and 10 that Closed/Sold. Right now there are 36 properties available in Lake Oswego from $248,000 to $5.2.

Here is the breakdown for last week according to RMLS:

NEW Jan 17-23, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type
1720 KILKENNY DR	$ 699,900	3	2.1	1348	DETACHD

PENDING Jan 17-23, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type	Days
100 KERR PKWY #38	$185,000	1	1	628	CONDO	123
30 CRESTFIELD CT	$290,000	2	2	989	CONDO	1
1719 ASPEN CT	$575,000	3	2	1444	DETACHD	49
16940 SW TRACY AVE	$650,000	4	1.2	1656	DETACHD	88
17763 MARDEE AVE	$741,900	5	3	2110	DETACHD	6
8 DA VINCI ST	$779,000	5	3	2906	DETACHD	4
19001 REDWING WAY	$829,000	3	2.1	2116	DETACHD	3
12962 KNAUS RD	$829,000	3	2.1	1952	DETACHD	230
14361 SHERBROOK PL	$899,000	3	2.1	2100	DETACHD	2
17095 WESTVIEW DR	$985,000	4	3	3356	DETACHD	2
13888 SHIREVA DR	$1,200,000	5	2.1	3827	DETACHD	4

SOLD Jan 17-23. 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
100 KERR PKWY #19	$170,000	$170,000	1	1	617	CONDO	52
200 SW Burnham RD #203	$299,000	$296,000	2	1	1199	CONDO	29
4429 THUNDER VISTA LN	$479,900	$455,000	2	2.1	2002	CONDO	111
4 PREAKNESS CT	$550,000	$500,000	3	2	1985	ATTACHD	32
4939 HAMPTON CT	$895,000	$900,000	4	2.1	2971	DETACHD	62
41 AQUINAS ST	$785,000	$985,000	4	3.1	3558	DETACHD	1
425 KENWOOD RD	$1,090,000	$1,140,000	3	2.1	3527	DETACHD	6
223 Cornell CT	$965,000	$1,190,000	5	3.1	3756	DETACHD	10
1913 CHERYL CT	$1,895,000	$1,699,000	4	4.1	5341	DETACHD	103
4247 LORDS LN	$2,650,000	$2,275,000	4	3.1	3785	DETACHD	115

Criteria: (RMLS DATA) 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.

January 23, 2022January 23, 2022

The Best Playground, Ever

The playground at Hallinan Elementary School is, in my opinion, the best playground that I have experienced with both my kids and with my grand kids. It’s HUGE with so many slides, things to climb on, and a vast array of simple to complex physical challenges for kids.

Before I moved to Lake Oswego, over 20 years ago, I lived in SE Portland. I must have discovered this playground while showing houses in the neighborhood. After I found it, I began driving to Lake Oswego with my children to enjoy it with them.

Along with the playground, there is a huge field that has a walking path around it. When my kids got older, I could bring them there and take a walk while having a visual on them as they played.

Bear in mind that it’s only available when school is not in session. The school is located at 16800 Hawthorne Dr in the Hallinan neighborhood of Lake Oswego.

Get out there and enjoy the fresh air with your kids and your grand kids! And, as always, thanks for reading the blotter.

Dianne

January 21, 2022January 21, 2022

Market Activity January 10-16, 2022

We are still in the slowness of winter with just 4 new listings, 9 pending sales, and 7 sold/closed properties in Lake Oswego last week. Having said that, it’s a hot market. Inventory is just so low and when a house comes onto the market, bidding wars are common. As we move into February, I expect the inventory to improve. It is a great time to list your house for sale!

See below for RMLS data.

New on the Market January 10-16, 2022

Address	Type	Price	BR	Baths	Sq Ft
959 Lee St	Detached	$719,000	3	2	2340
17763 Mardee Ave	Detached	$741,900	5	3	2110
566 4th St	Attached	$1,549,000	4	4.5+.5	3376
5001 Park Bluff Pl	Detached	$2,200,000	4	4	4022

Pending Sales January 10-16, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4632 Lower Dr B2	Condo	$320,000	2	1.5	1170	29
19 Britten Ct	Attached	$535,000	2	2	1394	5
4 Preakness Ct	Attached	$550,000	3	2	1985	32
17617 Sydni Ct	Condo	$799,900	5	2.5	2634	35
13522 Provencial Hill Way	Detached	$899,000	3	2.5	3244	1
17154 Lowenberg Terr	Detached	$1,295,000	5	3.5	3412	40
180 Iron Mountain Blvd	Detached	$1,495,000	5	4	3378	124
16538 Maple Circle	Detached	$1,550,000	4	3.5	2854	4
567 10th St	Detached	$1,800,000	4	3.5	4706	85

Sold/Closed January 10-16, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
58 Galen St	Condo	$224,900	$215,000	687	25
156 Ridgeway Rd	Condo	$450,000	$420,000	1758	174
2320 Glen Haven Rd	Detached	$649,000	$680,000	1346	1
326 Lake Bay Ct	Detached	$820,000	$820,000	1427	3
1500 Morning Sky Ct	Detached	$1,178,000	$1,098,000	4,402	107
769 4th St	Detached	$1,965,000	$1,965,000	3922	29
2643 Southshore Blvd	Detached	$3,300,000	$2,750,000	4543	146

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.

January 15, 2022January 15, 2022

News & Notes ~ Dec 2021 + Year-End Comparison

Every year I like to add in a comparison at the end of the year to the year prior being as the December report offers a unique opportunity to look at just that. So, below you’ll find our usual monthly overview & Neighborhood Report along with a comparison; 2021 to 2020.

As always, Lake Oswego info for Dec 2021 is broken out below as well.

Overview/Fluctuations ~ Market Data Dec 2021 (+2020):

Inventory is now at a stunning 0.6 months of supply in the Portland area for December. Our supply has simply never been this low… a little more than 2 weeks of Inventory available. Rates as of this writing are hovering around 3.5%, and the Fed is signaling that rates will be rising.

The twelve months of 2021 compared to 2020:

–New Listings, (40,531) increased 5.4%. –Pending Sales (35,405) increased 7.8%, and –Closed Sales (35,182) increased 9.8%. ***By Comparison, Twelve months of 2020 (to compare to 2021 above) from last year’s December report read: -New Listings, (38,442) decreased 5.2%, -Pending Sales (32,849) increased 7.9%, and -Closed Sales (32,031) increased 7.8%.

LAKE OSWEGO:

63 Active Listings (Nov 92)
71 New Listings (Nov 99)
82 Pending Sales (Nov 124)
134 Closed Sales (Nov 127)
Average Sale Price for Nov: $1,024,400 (Nov $964,300)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
29 Days on the Market (Nov 36)

January 13, 2022September 11, 2022

Market Activity ~ Jan 3-9, 2022

This first full week in the New Year we had only ONE property go on the market in Lake Oswego, and that one is a major fixer/possible rebuild over by George Rogers Park (per the Listing). In my Master’s Group, Realtors are begging each other to list the properties they have in their pockets. My guess is that Sellers are seeing the news of Omicron likely hitting peak soon to then taper off… and so are holding on a bit longer. IMHO there may be a flood of new properties hitting the market in the near future, and anyone in their right mind ought to list their property *now*. All in all, if you’re Buying… hold ‘yer horses! Things will change soon.

There were 11 properties that moved to Pending status and 16 that Closed/Sold last week as well. Right now there are 38 homes available in Lake Oswego.

Here is the data according to RMLS:

NEW Jan 3-9, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type
143 CHURCH ST	$700,000	2	1	1220	DETACHD

PENDING Jan 3-9, 2022

Address	List Price	# Beds	# Baths	Total SF	Prop Type	CDOM
200 SW Burnham RD, #203	$299,000	2	1	1199	CONDO	29
4632 LOWER DR, B2	$320,000	2	1.1	1170	CONDO	19
16250 PACIFIC HWY, #75	$355,000	3	2	1593	CONDO	29
1694 BONNIEBRAE DR	$415,000	2	1	864	ATTACHD	2
4325 SILVER CT / Upper	$499,000	3	2.1	1844	CONDO	49
1247 CEDAR ST	$550,000	3	2	2022	DETACHD	9
1719 ASPEN CT	$575,000	3	2	1444	DETACHD	31
302 LAUREL ST	$679,000	3	2	1907	DETACHD	6
770 5TH ST	$975,000	3	3.1	3180	DETACHD	45
17908 BLUE HERON DR	$1,850,000	3	4	4172	DETACHD	58
4247 LORDS LN	$2,275,000	4	3.1	3785	DETACHD	115

SOLD Jan 3-9, 2022

Address	Opening Price	Closed Price	Beds	Baths	SF	Prop Type	Days
100 KERR PKWY #51	$ 179,000.00	$ 186,000.00	1	1	617	CONDO	7
4 TOUCHSTONE #76	$ 234,900.00	$ 228,000.00	2	2	984	CONDO	27
4610 LOWER DR / Main	$ 325,000.00	$ 310,000.00	2	1.1	1260	CONDO	22
86 KINGSGATE RD, E203	$ 325,000.00	$ 325,000.00	2	2	924	CONDO	3
4000 CARMAN DR #92	$ 349,000.00	$ 349,000.00	2	2	999	CONDO	12
1455 HALLINAN ST	$ 639,900.00	$ 650,000.00	3	2.1	1325	DETACHD	5
8 PHEASANT RUN	$ 649,950.00	$ 675,000.00	4	2.1	1845	DETACHD	5
5431 BONITA RD	$ 859,000.00	$ 835,000.00	4	3	2784	DETACHD	15
548 4TH ST	$ 1,524,900.00	$ 1,450,000.00	3	4.1	3186	ATTACHD	103
19317 LORNA LN	$ 1,699,000.00	$ 1,515,000.00	5	4.1	4634	DETACHD	186
4118 GLACIER LILY ST	$ 1,499,500.00	$ 1,625,000.00	4	3.1	4452	DETACHD	3
312 9TH ST	$ 1,650,000.00	$ 1,650,000.00	3	2.1	2686	DETACHD	8
1155 CRESTLINE CT	$ 2,195,000.00	$ 2,010,998.00	5	4.1	7438	DETACHD	73
16847 GREENBRIER RD	$ 2,598,000.00	$ 2,598,000.00	3	2.1	2360	DETACHD	0
16767 GRAEF CIR	$ 2,950,000.00	$ 2,700,000.00	4	4.1	4222	DETACHD	13
1226 NORTHSHORE RD	$ 7,000,000.00	$ 5,500,000.00	4	5.1	6330	DETACHD	160

January 8, 2022January 8, 2022

Market Activity Dec 20, 2021-Jan 2, 2022

The winter break is such a breath of fresh air. We all get to slow down a bit and enjoy our home hearth with our family and our friends. Thank you all for being readers of the blotter, and for allowing Linda and I to take a break for a couple of weeks. But now we are back at it. The market is healthy and strong and we are gearing up for the late winter and spring housing market.

I don’t think that there has ever been a better time to put a house on the market. Truly, list now if you are planning to sell. The inventory is very, very low. The Federal Reserve has announced that they intend to impliement several interest rate increases in the coming year and there are hordes of buyers wanting to buy before that happens. This is a GREAT time to list a house!

Looking at the numbers in real estate for Lake Oswego in the last two weeks we saw just 3 new listings, 10 houses go into pending status, and 25 sold/closed properties.

See below for more RMLS data.

New Listings Dec 20, 2021-Jan 2, 2022

Address	Type	Price	BR	Baths	Sq Ft
45 Eagle Crest Dr #311	Condo	$285,000	2	2	1046
1247 Cedar St	Detached	$550,000	3	2	2022
302 Laurel St	Detached	$679,000	3	2	1907

Pending Dec 20, 2021-Jan 2, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
572 S State St 8C	Condo	$319,900	2	1	914	47
4000 Carman Dr #92	Condo	$349,000	2	2	999	12
16191 Lake Forest Blvd	Detached	$500,000	3	1	864	14
6317 Carman Dr	Detached	$599,000	3	1.5	1344	78
4966 Galen St	Detached	$600,000	3	2	1699	5
2320 Glen Haven Rd	Detached	$649,000	3	1.5	1346	1
52 Northview Ct	Attached	$649,900	3	2.5	2198	54
6472 Dawn St	Detached	$650,000	3	2	1032	110
1118 Oak St	Detached	$650,000	3	1.5	1320	12
115 Touchstone Terr	Attached	$670,000	4	3.5	2560	79

Sold/Closed Dec 20, 2021-Jan 2, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
9 Oswego Summit	Condo	$218,000	$218,000	764	6
44 Eagle Crest DR #36	Condo	$250,000	$248,500	903	3
4000 Carman Dr G108	Condo	$249,000	$271,500	767	3
59 Oswego Summit	Condo	$295,000	$295,000	1140	2
7155 Childs Rd	Condo	$278,000	$300,000	916	4
86 Kingsgate Rd E103	Condo	$355,000	$355,000	924	66
17347 Ashley Ct	Attached	$650,000	$645,946	2117	34
16989 Tualatin St	Detached	$690,000	$650,000	1491	50
4104 Lakeview Blvd	Detached	$849,000	$722,000	2244	87
13470 Peters Rd	Attached	$799,500	$827,000	2324	4
1407 Greentree Circle	Detached	$835,000	$876,000	2201	3
4080 Coltsfoot Ln	Detached	$899,900	$884,900	2884	11
365 3rd St	Attached	$899,000	$910,000	2154	3
17288 Blue Heron Rd	Detached	$1,775,000	$1,050,000	4128	405
755 Ellis Ave	Detached	$829,000	$1,100,000	2248	5
3777 Rivers Edge Dr	Detached	$1,095,000	$1,100,000	2875	6
18168 Westminster Dr	Detached	$1,099,000	$1,150,000	4220	5
14405 Pfeifer Dr	Detached	$1,250,000	$1,250,000	3853	4
828 7th St	Detached	$1,250,000	$1,400,000	2418	4
1300 Tyndall Ct	Detached	$1,299,950	$1,400,888	2418	4
5918 Seville Ave	Detached	$1,289,800	$1,405,345	1776	24
2245 Glen Haven Rd	Detached	$1,950,000	$1,950,000	3830	9
637 Englewood Dr	Detached	$2,825,000	$2,695,000	4231	19
2101 Wembley Park Rd	Detached	$2,750,000	$2,700,000	4710	19
1101 Crestline Ct	Detached	$3,695,000	$2,775,000	7226	415

January 8, 2022January 8, 2022

Notary Services at the Library

Did you know that the Lake Oswego Library offers free notary services the first and third Saturdays of each month? It does, including today. Volunteers provide the notary as a community service. It’s free.

The library is located at 706 4th St in First Addition. For more information click here.

I’ll have the market activity report up shortly. Thank you for your patience.

Dianne

December 18, 2021December 18, 2021

Choosing a Home Inspector

There is a tendancy to shop for good value. It’s bread into us by the reality that making our dollars go further enhances our ability to invest and plan for the future. This is a good trait in people, but when it comes to home inspectors, you really do get what you pay for.

You can get a home inspection done for around $300-$400. The inspectors that I recommend charge twice that. So what’s the difference? Time, my friend. The difference is time.

The good inspectors book 1 or 2 inspections a day. The cheap inspectors book 3-4 a day. This means that in saving money you are probably hiring someone who is checking their watch and thinking that they need time to drive to the next appointment to get there on time.

You just don’t know what is going to turn up in a home inspection. Your inspector needs time to dwell on details and figure the house out. The two companies I recommend most highly are Associated Master Inspectors and Inspectek West. Both have mulitiple employees and anyone of them is terrific. In addition, AMI maintains a contractor list that is long and well vetted. Painters, asbestos abatement, electricians, you name it, they have it. For the AMI contractor list click here.

I want to assure you that I am not in kahoots with either company. I have attended many, many home inspections. I know what a good inspection looks like. In my entire career, I’ve never had a client come back to me after the sale with a horror story of something missed in the home inspection.

I also had a client a few years ago that was certain that I must be recommending people who would go easy on the house so that the sale would be more likely to happen. She hired an inspector who inspected the roof from the driveway. He did not even walk on the roof.

I want my clients to know what they are buying. If something so bad turns up that makes them change their mind about buying the house, I am happy it happened early in the process and that they didn’t buy a problem.

As always, thanks for reading the blotter,

Dianne

December 16, 2021December 16, 2021

Market Activity Dec 6-12, 2021

While a bit slower than the market when we are not in the Holiday Season, real estate continues to chug along. Last week in Lake Oswego there were 8 new listings, 17 pending sales, and 13 sold/closed transactions. That is strong activity for this time of year.

See below for RMLS data.

New on the Market Dec 6-12, 2021

Address	Type	Price	BR	Baths	Sq Ft
4000 Carman Dr #92	Condo	$349,000	2	2	999
16250 Pacific Hwy #75	Condo	$355,000	3	2	1593
200 Burnham Rd #206	Condo	$358,000	2	1	1199
4 Preakness Ct	Attached	$550,000	3	2	1985
8 Pheasant Run	Detached	$649,950	4	2.5	1845
1720 Kilkenny Dr	Detached	$685,000	3	2.5	1348
17617 Sydni Ct	Condo	$799,900	5	2.5	2634
18000 Sarah Hill Ln	Detached	$1,999,900	4	2.5	3280

Pending Sales Dec 6-12, 2021

Address	Type	Price	BR	Baths	Sq Ft	CDOM
100 Kerr Pkwy #19	Condo	$170,000	1	1	617	52
100 Kerr Pkwy #51	Condo	$179,000	1	1	617	7
58 Galen St	Condo	$209,900	2	1	689	25
9 Oswego Summit	Condo	$218,000	1	1	764	6
44 Eagle Crest Dr #36	Condo	$250,000	2	1	903	3
4000 Carman Dr #81	Condo	$289,000	2	2	1129	4
86 Kingsgate Rd E-203	Condo	$325,000	2	2	924	3
4429 Thunder Vista Ln	Condo	$459,900	2	2.5	2002	111
1455 Hallinan St	Detached	$639,900	3	2.5	1325	5
52 Northview Ct	Attached	$649,900	3	2.5	2198	3
17347 Ashley Ct	Attached	$650,000	4	2.5	2117	34
13470 Peters Rd	Attached	$799,500	2	2.5	2324	4
5756 Ridgetop Ct	Detached	$935,000	4	3	3162	5
1011 Spruce St	Detached	$1,049,000	3	2.5	2101	4
425 Kenwood Rd	Detached	$1,090,000	3	2.5	3527	6
1500 Morning Sky Ct	Detached	$1,148,000	5	3.5	4402	107
1155 Crestline Ct	Detached	$1,995,000`	5	4.5	7438	73

Sold/Closed Dec 6-12, 2021

Address	Type	List Price	Sold Price	Sq Feet	DOM
4 Touchstone #78	Condo	$224,999	$212,000	1351	30
324 Cervantes Circle	Condo	$229,000	$241,000	832	3
204 Cervantes Circle	Condo	$305,000	$332,000	1138	3
5077 W Sunset Dr	Attached	$500,000	$500,000	1720	47
4301 Lakeview Blvd	Detached	$635,000	$617,000	1,223	19
1335 Laurel St	Detached	$850,000	$699,000	1898	62
3225 Tempest Dr	Detached	$799,000	$800,000	2231	12
3795 Tempest Dr	Detached	$815,000	$860,000	2753	19
6810 Childs Rd	Detached	$950,000	$935,000	3282	2
14145 Redwood Ct	Detached	$825,000	$975,000	2519	5
18 Touchstone	Detached	$998,000	$1,055,000	4378	18
17561 Lake Haven Dr	Detached	$500,000	$1,720,000	3879	0
456 Lake Bay Ct	Detached	$1,600,000	$1,725,000	2393	2