Preparing Your House for the Home Inspection

blog flowersThe last 12 months have been a pretty rough time to be selling a home.  Your home may have even been on the market for a period of time longer than you ever thought possible.  But now you’ve gotten a good offer that you have accepted.  This is a key time in any home sale.  You must now get your home to pass the home inspection.   I want to give you a list of 10 simple repairs you can do to prepare your home as well as a few things to do on the day of the inspection.

10 simple repairs to do before the home inspection:

1.  Prune vegetation away from the house.

2.  Clean the gutters.

3.  Replace or clean any dirty furnace filters.

4.  Install missing covers on electrical switches, outlets, and junction boxes.

5.  Replace all smoke alarms installed before January 1, 2002 to comply with current standards.

6.  Replace burned out light bulbs.

7.  Pull soil 6″ away from the siding, basement windows, foundation vents, and decks.

8.  Install 6mil. black, plastic vapor barrier in the crawlspace over exposed soil.

9.  Install earthquake straps on the water heater.

10. Repair leaking faucets.

On the day of the inspection:

1.  Remove any belongings that block access to the furnace, water heater, electrical panel, attic and crawl spaces so the inspector may get to these areas.

2.  Verify the gas, water, and electricity are on, even in vacant homes.

3.  Make sure all gas pilot lights are lit.

4.  Make sure that all appliances normally operated by you can be tested as needed.

It is normal to feel a bit stressed when your home is inspected, but you can greatly increase a positive outcome on the inspection if you do a little prior planning.  And a good home inspection directly affects your ability to maximize the proceeds that you will receive from the sale of your home.  It is worth the time, effort, and a few dollars that it takes to get your home ready.

Home Staging Tips

goldendiningroom1Spring is traditionally the strongest time of year to sell your home.  If you want to sell, you need to get your home ready.  You want to win the beauty pageant.  The place to start, before you list your home for sale, is with proper home staging.  The way you live in your home and the way you sell your home are two different things.  It does add a layer of care to your already busy life, but it will payoff when you sell by getting your home sold more quickly and by helping you to get the best price possible.

Start by standing out at the street.  This is your buyer’s first impression.  Can you see the front door?  Can you see all of the windows?  Is the lawn green?  Are flower beds free of weeds and bushes nicely trimmed?  What about the color of the paint?  Is it one of the popular shades used today or something from when you moved in in 1996?  Is the roof clean and free of moss?  If you said no to any of these questions, then you’ve got work to do.  Too often homeowners let trees and bushes become over grown and drown the house.  Over-growth makes you house look like a big blob.  Do you want to buy a blob?  Neither does a buyer.

Next stand at your front door.  I believe this is the most critical moment for a buyer.  Remember that they will pause here for a minute or two while the Realtor gets the key from the lockbox and opens the door.  Your buyer will have time to look around and get a close-up look at everything around the front door.  I truly believe that they make a decision at this point.  If they like what they see, they will enter the house with a positive attitude and look for positive input to reinforce what they already believe.  If they get a bad impression, they’ll be critical as they go inside and look to find fault; again to reinforce what they already have decided.  The front door is usually a small area.  Here is what you need to do.  Wash or freshly paint the front door and the windows around the door.  Sweep or pressure wash all of the walls and ceiling around the door to get rid of spiders, webs, moths, and bug stuff.  Scrub the weather stripping at the threshold so that there is not one speck of grime.  Make sure weather stripping is in good shape, but that the door opens and closes easily.  Make sure the lock works!  Now add some color.  A couple of pots with flowers, a wreath on the front door.  Please, no holiday decorations that are months old, or pots of dead easter lillies.  Splurge and spend $20 on some nice flowers, then be sure to water them.

You’ve done it!  You’ve gotten your buyer inside.

You are moving, right?  Why not get a leg up on the job and start packing BEFORE you put your house up for sale.  You want to de-personalize your home.  Take down personal momentos, collections, most family photos, all of the stuff on the refrigerator.  It should be like a model home that you want to move right into.  And all of your very personal stuff keeps your buyer from feeling like it is “their” house.  I recommend that you do this one room at a time.  Just make a big pile in the middle of the room that you want to either store or donate/toss.  It is ok to have a few family photos.  For instance, a bookshelf with a combination of a few framed photos, some books, perhaps a small piece of art work or decorative glass, that is fine.  But that hallway photo gallery showing Joey, who is now 35, in every grade of school he ever attended:  take it down.

Less truly is more.  As you clean out clutter and stream-line each room, you will make them look larger.  A small home, well staged, can look bigger than large home full of clutter.

This is also true of furniture.  Make sure you store away anything that gets in the way in hallways, at the top of stairs, as you enter rooms, and on stairway landings.  The fact that you had no where else to put the furniture just screams “This house is too small!”.  In addition, they could actually be a safety hazzard when you have a group of people seeing the house together and unable to maneuver on the stairs.  Another important thought with furniture is do not cover up a homes features.  Don’t place TV’s in front of windows, or dressers across closets, or a couch across the fireplace.    Move the furniture around and show off each rooms best feature.  Make sure to not have too much furniture.  A few pieces in each room is all you need.  For a living room: a couch, a chair, a love seat, and a coffee or similar table is plenty.  If you have a piano, don’t be afraid to store the couch or the love seat.  You want the room to feel big and not to be dwarfed by the furniture.

The kitchen and bathroom counters are the toughest to empty and also the most important.  Many a buyer has ruled out a home because either the kitchen or the bathrooms seemed too small.  You can make them big, with a little effort.  As much as possible, but things away in cupboards.  A few things may be impossible to put away because they are constantly in use.  Hello?  The coffee pot?  With things you just have to have handy, cluster them into one group.  So if you have the coffee pot, the decorative decanter of olive oil, and the pepper mill tastefully gathered in one corner, and nothing else anywhere on the counter, you’ll get away with it.  Take away the cluster and string the three items around the kitchen and suddenly you got clutter.  Bunching is a wonderful thing.  The same thing holds true in the bathroom.  I also highly recommend baskets or decorative boxes.  If you use a container, you can pretty much fill the container and still keep things attractive.

The areas to focus your attention are:  the entry, the living room, the dining room, the family room, the kitchen, and the master bedroom and bath.  Do the whole house if you can, it will pay off.  But if you have limits to your ability to take on this project, at a minimum, get to these rooms.

Now for those of you who are after the best money and the quickest sale, you’ll take it to the next level.  Clean out closets and fold and stack everything in an orderly and tidy fashion.  Get your kids on board helping you.  Those big tubs that are made to hold toys are great.  Tell them that when they are finished playing, just throw everything in the tub.  It makes for a pretty quick clean up.  Go around the house and wash all of the windows and clean out all of the window tracks.  The pickiest buyer I have ever worked with did three things:  checked the window tracks for dirt, looked inside the oven to see if it was clean, and opened the dishwasher to look at the outer framing of the door.  If these areas were clean, she knew the rest of the house would be too.

Speaking of clean, it is absolutely the cheapest thing you can do to make your house show ready.  No one, not one buyer out there, wants to buy someone else’s dirt.  It just doesn’t happen.   Pay attention to the bottom of cupboards, the baseboards, around the bottom of the toilet.  Yep, everywhere.

You’ll need a place to store all of the stuff you are packing away.  If you can, rent a storage unit or get one of those PODS that allow you to pack things and then have them stored off-site.  If you can’t pay for storage, use your garage.  I would rather have a staged home with a garage that is stacked wall-to-wall and top-to-bottom than an empty garage and a messy house.

There are a couple of good websites I found that will give you ideas and perhaps be helpful:

From the National Associaiton of Realtors, click here.

From US News and World Report, click here.

And to visit Barb Schwartz’s website, click here.  Barb Schwartz is the queen of home staging.  She has been teaching Realtors techniques of home staging since before I was a Realtor (over 22 years).  I used to refer to staging a home as “Schwartzing” a home.  That’s how ingrained in my head this lady is.

goldenoldlrAt the top of this article is a photo of my listing in Mt. Park.  I want you to compare that photo to the one that you find to the right.  Can you see the big improvement?  The photo to the right is how this room used to look.  This was not a home with a problem of clutter.  This was a house that needed to show case the homes features.  The home owner moved the living room furniture to the other end of the room in order to showcase the wonderful windows.  Where a TV cabinet had blocked windows, now what you see is light and sunshine.  In addition, the owner replaced several windows that had broken seals.  Now when you walk in, you step back and feel the wow factor.  That is what sells a house.

Open Houses for Sunday, March 1st

There are 15 houses being promoted on the RMLS as open houses for this Sunday:

 

5487 Tualata Ct., $264,900-$279,876, 1200 SF, 3 BR, 2 BTHS, open 1-4

4458 Thunder Vista Ln., $319,000, 2200 SF, 3 BR, 2 1/2 BTHS, open 1-4

16 Partridge Ln., $418,900, 2304 SF, 3 BR, 2 1/2 BTHS, open 1-3

14431 Orchard Springs Rd., $439,900, 1960 SF, 4 BR, 2 1/2 BTHS, open 1-4

624 Livingood Ln., $559,000, 2596, 4 BR, 3 BTHS, open 1:30-3:30

3254 Duncan Dr., $575,000, 3997 SF, 4 BR, 3 1/2 BTHS, open 2-4

340 8th St., $575,000, 1992 SF, 3 BR, 2 BTHS, open 1-3

13222 Deerfield Ct., $649,000, 3022 SF, 4 BR, 2 1/2 BTHS, open 1-3

17751 Marylcreek Dr., $719,000, 3505 SF, 4 BR, 3 BTHS, open 2-4

2688 Rivendell Rd., $835,000, 3720 SF, 4 BR, 3 BTHS, open 1-4

15422 Boones Way, $879,000, 2586 SF, 4 BR, 2 1/2 BTHS, open 1-4

2400 Dellwood Dr., $899,000, 3180 SF, 4 BR, 3 BTHS, open 1-3

3030 Westview Ct., $948,000, 3415 SF, 4 BR, 2 1/2 BTHS, open 2:20-4

5677 Bonita Rd., $968,400, 3603 SF, 4 BR, 3 1/2 BTHS, open 2-4

943 Atwater Rd., $1,150,000, 3874 SF, 4 BR, 2 1/2 BTHS, open 1-4

 

I am going to mention the property at the top of the list, on Tualata Ct.  You’ll notice that the pricing is $264,900-$279,876.  This is what is called “value-range pricing”.  The representation is that the sellers will consider offers within that range.  This is a method of marketing that is occassionally used.  I believe it is based upon the theory that the range of pricing will bring in more offers and more quickly.  I don’t know that I buy into that school of thought, but it is why it is done.

Lake Oswego Real Estate Activity – November 24-30, 2008

Market activity typically slows down during the holidays and last weeks stats certainly reflect this.  Having said this, it is good to see that the market does have some activity.  7 new listings, 4 pendings and 4 closed sales happened last week.  While the market is slower, it is still very much happening.

NEWLY LISTED (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
3433 MCNARY PKWY
$214,900
2
2
1,008
CONDO
11/27/08
3834 BOTTICELLI ST
$224,900
2
2
1,055
ATTACHD
11/24/08
600 TIPPECANOE CT
$439,800
3
2
1,812
DETACHD
11/24/08
1189 SUNNINGDALE CT
$724,000
3
2
2,056
DETACHD
11/26/08
51 HILLSHIRE DR
$849,900
3
2.2
4,306
DETACHD
11/25/08
1667 VILLAGE PARK LN
$899,900
6
3.1
4,743
DETACHD
11/24/08
1055 COUNTRY CLUB RD
$1,000,000
3
2
2,804
DETACHD
11/24/08

PENDING SALES (November 24 —November 30, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
668 McVey AVE
$144,850
0
1
485
CONDO
740
455 10TH ST
$473,950
2
2
2,284
DETACHD
180
17561 SHEPHERDS CT
$675,000
4
2.1
3,011
DETACHD
287
13010 KNAUS RD
$1,249,500
4
3.1
4,312
DETACHD
737

SOLD (November 17—November 23, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
4644 LOWER DR
$136,900
$129,000
2
1.1
1,170
CONDO
30
4000 CARMAN DR
$149,900
$135,000
2
2
869
CONDO
22
2435 PARK RD
$749,990
$480,000
4
3
2,940
DETACHD
302
16 NORTHVIEW CT
$599,900
$495,000
4
3.1
2,962
ATTACHD
419

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer.

Lake Oswego Real Estate Market Activity – November 17-23, 2008

Real estate activity is chugging right along in Lake Oswego this month.

New properties hitting the market during this last week total 31. 24 are detached, single family residences.  Of those 24, the ones listing for under $500,000. total 9.

Sold properties this last week total 9.  6 are detached, single family residences.  Of those 6, the ones selling for under $500,000. total 4.

We have 3 properties pending sale, and will just have to hold our horses to see how those “sold” prices come in.

Check it out:

NEWLY LISTED (November 17 —November 23, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
44 EAGLE CREST DR
$134,900
1
1
798
CONDO
11/17
47 EAGLE CREST DR
$149,900
2
1
932
CONDO
11/18
15938 QUARRY RD
$167,400
2
1
991
CONDO
11/20
16790 LAKE FOREST BLVD
$199,900
2
1
780
DETACHD
11/16
3876 BOTTICELLI ST
$199,900
2
2
1,286
CONDO
11/18
12846 SW BOONES FERRY RD
$249,000
2
2.1
1,136
CONDO
11/16
5063 FOOTHILLS DR
$259,000
2
2
1,031
CONDO
11/16
5235 OAKRIDGE RD
$324,900
3
2.1
1,576
DETACHD
11/17
5354 LOWER DR
$339,000
3
1
1,565
DETACHD
11/18
18530 PILKINGTON RD
$339,000
4
2
1,925
DETACHD
11/17
4051 VIRGINIA WAY
$389,500
3
2.1
1,658
DETACHD
11/18
6109 SUMMER WOODS
$449,000
4
2.1
2,331
DETACHD
11/18
1307 CEDAR ST
$459,900
4
3
2,054
DETACHD
11/18
785 5TH ST
$480,000
3
2
2,208
DETACHD
11/17
805 COUNTRY CLUB RD
$489,900
5
2
2,722
DETACHD
11/16
1921 PARK FOREST CT
$529,000
3
2.1
2,531
DETACHD
11/20
4676 WINTHROP CT
$599,900
4
2.1
3,112
DETACHD
11/17
17784 TREETOP LN
$599,900
4
3
3,468
DETACHD
11/17
4691 SW HERITAGE LN
$639,900
4
2.1
2,888
DETACHD
11/20
18212 INDIAN CREEK DR
$649,000
4
2.1
2,313
DETACHD
11/18
30 WILBUR ST
$679,000
2
2.1
2,664
ATTACHD
11/17
19285 SW Megly CT
$699,900
4
2.1
2,587
DETACHD
11/17
14204 KIMBERLY CIR
$700,000
3
3.1
2,900
DETACHD
11/21
19263 SW Megly CT
$749,900
4
2.1
2,743
DETACHD
11/17
2545 DELLWOOD DR
$779,000
5
3.1
3,843
DETACHD
11/17
19245 SW Megly CT
$789,900
4
2.1
2,884
DETACHD
11/17
19266 SW Megly CT
$789,900
4
2.1
3,025
DETACHD
11/16
5435 WASHINGTON CT
$849,900
4
3.1
3,323
DETACHD
11/18
1250 Andrews RD
$849,900
4
2.1
3,137
DETACHD
11/20
17649 WOODHURST PL
$899,000
5
4.1
5,793
DETACHD
11/16
3136 DOUGLAS CIR
$1,289,000
4
3.1
4,022
DETACHD
11/20

PENDING SALES (November 17 —November 23, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
68 WHEATHERSTONE CT
$325,000
4
3.1
2,465
CONDO
299
17079 CHERRY CREST AVE
$469,000
3
2.1
3,002
DETACHD
17
2057 SUMMIT DR
$998,000
4
3.1
4,396
DETACHD
522

SOLD (November 9 —November 16, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
PROP TYPE
DOM
3680 SPRING LN
$199,900
$187,000
2
2.1
1,152
CONDO
220
595 6TH ST
$314,800
$257,050
3
1
1,520
DETACHD
40
22 CONDOLEA DR
$339,900
$275,000
2
2
1,454
CONDO
36
2870 PARK RD
$379,900
$396,000
4
2.1
2,380
DETACHD
4
20 El Greco
$549,000
$420,000
4
3
2,425
DETACHD
354
13340 AUBURN CT
$589,000
$485,000
3
2.1
2,451
ATTACHD
222
1012 ANDREWS RD
$590,800
$495,000
3
2
2,246
DETACHD
133
17760 LAKE HAVEN DR
$1,169,000
$800,000
4
2.1
2,051
DETACHD
224
4256 LAKEVIEW BLVD
$1,295,000
$950,000
3
3.1
3,117
DETACHD
436

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer.

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

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

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

NEWLY LISTED (November 3—November 6, 2008)

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

PENDING SALES (November 3—November 6, 2008)

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

SOLD (October 27—November 2, 2008)

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

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer.

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

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

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

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

NEWLY LISTED (October 27—November 2, 2008)

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

PENDING SALES (October 27—November 2, 2008)

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

SOLD (October 20—October 26, 2008)

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

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer.

Lake Oswego Open Houses – November 1-2, 2008

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

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

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

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

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

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

NEWLY LISTED (October 20—October 26, 2008)

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

PENDING SALES (October 20 —October 26, 2008)

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

SOLD (October 13—October 19, 2008)

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

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer.

Lake Oswego Real Estate Activity – October 13-19, 2008

More properties opened or closed escrow last week than entered the market as new listings. Here is your weekly fix of Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
47 EAGLE CREST DR
$105,000
1
1
672
CONDO
10/17
4000 CARMAN DR
$149,900
2
2
870
CONDO
10/15
36 CERVANTES CIR
$189,000
2
1.1
912
CONDO
10/14
3433 MCNARY PARKWAY
$189,900
2
2.1
1,208
CONDO
10/12
195 OSWEGO SMT
$279,900
2
2
1,506
CONDO
10/16
4320 SUNSET DR
$310,000
3
1.1
1,399
DETACHD
10/15
18728 KRISTI WAY
$315,000
3
1
1,095
DETACHD
10/14
4211 WOODSIDE CIR
$325,000
3
2
1,688
CONDO
10/13
4861 LAMONT WAY
$339,900
3
2
1,440
DETACHD
10/14
1685 MAPLELEAF RD
$365,000
3
2
1,433
DETACHD
10/12
1685 CLOVERLEAF RD
$369,000
3
2.1
1,722
DETACHD
10/14
16006 KIMBALL AVE
$465,000
3
2
1,800
RES-MFG
10/12
684 2ND ST
$574,056
3
2.1
1,406
ATTACHD
10/12
696 2ND ST
$588,336
3
2.1
1,473
ATTACHD
10/12
3254 DUNCAN DR
$624,900
5
3.1
3,997
DETACHD
10/14
4691 CHELSEA LN
$629,900
4
2.1
3,102
DETACHD
10/15
672 2ND ST
$714,000
3
2.1
1,779
ATTACHD
10/12
401 ASH ST
$825,000
5
4
5,320
DETACHD
10/12
17177 OLD RIVER DR
$1,050,000
3
3.1
3,129
DETACHD
10/16
1913 CHERYL CT
$1,499,900
4
4.1
5,791
DETACHD
10/18

PENDING SALES (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
595 6TH ST
$314,800
3
1
1,520
DETACHD
24
2870 PARK RD
$379,900
4
2.1
2,380
DETACHD
4
5562 ROYAL OAKS DR.
$494,500
4
2.1
2,342
DETACHD
229
13340 AUBURN CT
$495,000
3
2.1
2,451
ATTACHD
222
16 NORTHVIEW CT
$550,000
4
3.1
2,962
ATTACHD
419
1837 CEDAR CT
$599,900
5
3
2,625
DETACHD
250
5698 LA MESA CT
$619,900
4
2.1
2,652
DETACHD
114
4076 COLTSFOOT LN
$622,000
4
3.1
3,882
DETACHD
126
4064 ORCHARD DR
$699,900
4
2.1
3,600
DETACHD
362
5384 Washington CT
$769,900
4
3.1
3,246
DETACHD
415
2680 GLEN EAGLES RD
$999,000
3
3
3,000
DETACHD
405
13701 SW KNAUS RD
$1,199,000
5
4.1
5,730
DETACHD
219

SOLD (October 6—October 13, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
86 KINGSGATE RD
$185,000
$155,000
2
2
938
CONDO
127
86 KINGSGATE RD
$179,900
$171,500
2
2
924
CONDO
60
5225 JEAN RD
$239,900
$232,000
3
2
1,500
CONDO
6
8 BRITTEN CT
$265,000
$240,000
2
2
1,175
ATTACHD
86
28 GREENRIDGE CT
$294,499
$267,000
2
1.1
1,900
ATTACHD
122
2751 SUMMIT DR
$565,900
$389,900
3
2
2,278
DETACHD
396
1123 ERICKSON ST
$620,000
$460,000
4
3
2,893
DETACHD
166
107 3RD ST
$495,000
$470,000
3
2
1,204
CONDO
29
10 GROUSE TER
$528,900
$520,000
4
3.1
3,462
DETACHD
46
17577 BLUE HERON CT
$549,000
$522,438
5
3
2,980
DETACHD
132
858 10TH ST
$639,000
$623,000
3
2.1
2,205
DETACHD
95
5853 SOUTHWOOD DR
$789,900
$630,000
5
2.1
3,707
DETACHD
314
5647 BAY CREEK DR
$665,000
$640,000
5
2.1
3,000
DETACHD
15
14027 CHELSEA DR
$799,000
$660,000
4
2.1
3,092
DETACHD
301
5287 LANGFORD LN
$799,500
$715,000
3
2.1
2,951
DETACHD
452

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.