Tag: Lake Oswego

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Lake Oswego Open Houses – June 21-22, 2008

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

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

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

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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Dispelling Eight Lake Oswego Myths

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

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

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

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

Now, you know the rest of the story.

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

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

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

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

NEWLY LISTED (JUNE 9 – 15, 2008)

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

PENDING SALES (JUNE 9 – 15, 2008)

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

SOLD (JUNE 2 – JUNE 8, 2008)

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

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

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

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Lake Oswego Open Houses – June 14-15, 2008

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

Please note a bunch are open on Saturday.

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

Date Time Address
List Price
Bdrms
Baths
Total SF
6/15/08 12-2pm 86 KINGSGATE RD
$159,900
2
2
849
6/15/08 11-3pm 668 McVey
$220,000
2
1
836
6/15/08 11-1pm 4458 THUNDER VISTA LN
$339,500
3
2.1
2,200
6/14/08 2 to 4 23 FALSTAFF ST
$364,900
3
2
1,434
6/14/08 11:00 – 1:00 907 BULLOCK ST
$429,500
4
2
2,020
6/15/08 1-4pm 4284 WEST BAY RD
$439,900
3
2
1,539
6/15/08 1-3pm 17870 DEERBRUSH AVE
$449,900
3
2.1
1,912
6/15/08 1-4 PM 960 9TH ST
$525,000
3
1
1,429
6/15/08 12-3pm 3 CELLINI CT
$539,900
4
2.1
2,500
6/15/08 1-4pm 3 MASARYK ST
$574,000
4
3
4,283
6/15/08 1-3pm 112 D AVE
$579,900
2
2.1
1,741
6/14/08 11:00AM-2:00 1448 GREENTREE CIR
$588,000
3
2.1
2,587
6/15/08 1-3pm 5474 BAY CREEK DR
$599,900
4
2.1
2,322
6/15/08 1-3pm 10 BUCKINGHAM TER
$649,000
4
3
3,765
6/15/08 1-4pm 5677 GRAND OAKS DR
$649,900
4
2.1
3,074
6/14/08 1-4 PM 18086 JENIFERS WAY
$719,900
3
2.1
2,566
6/15/08 1-4 PM 18086 JENIFERS WAY
$719,900
3
2.1
2,566
6/15/08 1-3pm 4208 ALBERT CIR
$739,000
4
3
2,777
6/15/08 1-4pm 4102 CHAD DR
$848,950
4
2.1
3,054
6/14/08 2:00-4:00 3030 SW WESTVIEW CT
$989,900
4
2.1
3,400
6/15/08 2-4pm 13915 SUNDELEAF DR
$998,000
4
3.1
4,090
6/15/08 1-3pm 622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
6/15/08 1-3pm 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
6/15/08 1-3pm 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
6/14/08 1 – 3 pm 13322 LESLIE CT
$1,399,000
4
3.1
4,449
6/15/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,659
6/15/08 2-4PM 13200 SW THOMA RD
$2,950,000
5
5.2
7,648

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.

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Bountiful Lake Oswego Parks Supply Myriad of Activities

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

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

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


View Larger Map

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

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Go West Young Man!

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

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

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

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

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

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

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

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

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Lake Oswego Real Estate Market Activity – June 2-8, 2008

Fifty-three new listings arrived on the Lake Oswego real estate scene last week, while 23 homes found themselves new or potential owners (sold or pending).

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

NEWLY LISTED (JUNE 2 – 8, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
86 KINGSGATE RD
$159,900
2
2
849
 CONDO
6/6
4087 JEFFERSON PKWY
$240,000
2
2.1
1,851
 ATTACHD
6/5
668 MCVEY AVE
$269,000
1
1
636
 CONDO
6/2
3797 LANEWOOD ST
$312,900
3
1
2,560
 DETACHD
6/2
3787 LANEWOOD ST
$319,900
3
1.1
1,344
 DETACHD
6/2
16015 SW WALUGA DR
$365,000
4
2
2,010
 DETACHD
6/5
5400 SW DAWN AVE
$367,000
3
1
1,216
 DETACHD
6/5
16284 SW BONAIRE AVE
$369,900
3
2
1,032
 DETACHD
6/1
1647 DEVON LN
$369,900
3
2.1
2,494
 DETACHD
6/2
4347 SILVER CT
$375,500
3
2.1
1,850
 ATTACHD
6/1
1635 ASPEN ST
$397,000
3
2.1
1,618
 DETACHD
6/5
100 LEONARD ST
$418,900
2
2
1,364
 CONDO
6/6
17304 MARJORIE AVE
$425,000
3
1.1
1,340
 DETACHD
6/1
1725 FERNWOOD DR
$449,000
4
2
1,580
 DETACHD
6/5
2400 PARK RD
$449,900
3
2.1
1,960
 DETACHD
6/1
16969 ALDER CIR
$469,000
3
2
1,534
 DETACHD
6/1
3 CELLINI CT
$539,900
4
2.1
2,500
 DETACHD
6/1
17121 WALL ST
$549,000
3
2.1
2,187
 DETACHD
6/5
14003 AMBERWOOD CIR
$589,000
4
2.1
2,652
 DETACHD
6/5
2584 PARK RD
$599,999
4
2
2,302
 DETACHD
6/1
20 WALKING WOODS DR
$639,500
5
3
3,144
 DETACHD
6/1
5624 SOUTHWOOD DR
$645,000
4
3
3,120
 DETACHD
6/5
56 SPINOSA
$649,900
5
3.1
3,808
 DETACHD
6/4
12456 SW Orchard Hills DR
$649,950
4
2.2
3,104
 DETACHD
6/3
653 RIDGEWAY RD
$650,000
3
2
1,808
 DETACHD
6/5
14121 GABRIELLE CT
$698,500
4
2.1
3,015
 DETACHD
6/1
5310 Washington CT
$729,900
3
2.1
3,328
 DETACHD
6/2
15837 ALLISON PL
$739,000
4
2.1
3,534
 DETACHD
6/6
15815 ALLISON PL
$749,000
4
2.1
3,534
 DETACHD
6/6
4064 ORCHARD DR
$749,900
4
2.1
3,600
 DETACHD
6/2
435 8TH ST
$749,900
4
3.1
2,505
 DETACHD
6/3
5384 Washington CT
$769,900
3
2.1
3,228
 DETACHD
6/2
18036 SKYLAND CIR
$778,900
3
2.1
3,000
 DETACHD
6/2
17386 BLUE HERON RD
$824,900
4
3.1
4,063
 DETACHD
6/5
595 D AVE
$849,000
3
2
3,760
 DETACHD
6/5
16176 MATTHEW CT
$849,000
4
2.1
3,474
 DETACHD
6/4
1670 PINE ST
$885,000
4
4
3,286
 DETACHD
6/2
727 LAUREL ST
$949,000
4
3.1
2,924
 DETACHD
6/6
17760 LAKE HAVEN DR
$999,000
4
2.1
2,051
 DETACHD
6/3
1606 BAY VIEW LN
$1,075,000
5
3.1
4,288
 DETACHD
6/1
163 IRON MOUNTAIN BLVD
$1,095,000
3
1.1
1,968
 DETACHD
6/3
2680 GLEN EAGLES RD
$1,199,000
3
3
3,000
 DETACHD
6/2
577 MIDDLECREST RD
$1,200,000
4
2.1
2,000
 DETACHD
6/1
12439 SW 22ND AVE
$1,299,000
4
3.1
4,118
 DETACHD
6/4
664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
 DETACHD
6/4
17512 GREENBLUFF DR
$1,425,000
4
3
3,777
 DETACHD
6/6
17951 MEADOWLARK LN
$1,689,990
4
3.2
5,065
 DETACHD
6/4
18025 SKYLAND CIR
$1,749,000
4
3.2
5,379
 DETACHD
6/2
19175 EASTSIDE RD
$1,759,900
5
4.1
5,263
 DETACHD
6/1
13900 SW GOODALL RD
$2,250,000
5
3.1
4,212
 DETACHD
6/5
17860 CRESTLINE DR
$3,100,000
4
5.2
6,810
 DETACHD
6/2
1066 NORTHSHORE RD
$3,650,000
4
5.1
4,224
 DETACHD
6/7
3012 LAKEVIEW BLVD
$5,750,000
4
4.1
5,957
 DETACHD
6/6

PENDING SALES (JUNE 2 – 8, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
PENDING DATE
88 Galen
$137,987
2
1
923
 CONDO
34
44 EAGLE CREST DR
$149,500
2
1
908
 CONDO
4
165 OSWEGO SMT
$209,900
2
2
1,383
 CONDO
458
3691 LANEWOOD ST
$274,900
3
1.1
1,284
 DETACHD
0
3545 UPPER DR
$375,000
3
2
1,348
 DETACHD
4
17650 ARBOR LN
$399,900
3
3
2,043
 DETACHD
345
555 2ND ST
$425,600
2
2
1,120
 CONDO
454
1602 GREENTREE RD
$449,900
3
2
1,708
 DETACHD
97
16 CHURCHILL DOWNS DR
$520,000
3
2.1
2,056
 DETACHD
2
5746 CHARLES CIR
$599,000
4
2.1
2,737
 DETACHD
59
4786 AVERY LN
$619,000
5
2.1
2,927
 DETACHD
215
5413 LANGFORD LN
$728,950
3
2.1
2,891
 DETACHD
427
18000 S EASTRIDGE LN
$1,995,500
4
4
5,260
 DETACHD
246

SOLD (MAY 26 – JUNE 1, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
16584 SW ROOSEVELT AVE
$269,900
$200,000
2
1
1,188
 DETACHD
45
5056 FOOTHILLS DR
$317,500
$275,000
2
2
1,252
 CONDO
115
343 5TH ST
$319,500
$305,000
2
1
910
 CONDO
34
16 Aquinas ST
$349,900
$320,000
3
2
1,569
 DETACHD
73
727 9th Street
$449,000
$375,000
1
1
780
 DETACHD
144
16400 WESTVIEW RD
$429,500
$421,000
2
1
1,217
 DETACHD
6
836 MAPLE ST
$489,900
$450,000
3
2.1
1,700
 DETACHD
221
1982 PARK FOREST AVE
$519,900
$519,900
5
3
2,692
 DETACHD
11
2445 PARK RD
$659,900
$650,000
5
3
3,200
 DETACHD
63
19124 MEGAN PL
$768,500
$743,000
4
2.1
3,584
 DETACHD
82

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

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

Posted on

Lake Oswego Flood Zone Changes

Lakefront property owners in Lake Oswego are pretty comfortable overall with the knowledge that the lake is managed and dammed, and so concerns regarding rising water during heavy rains etc are not prevalent. The lake is owned and managed by the Lake Oswego Corporation (LOC), a local entity to which lakefront residents establish membership and pay dues. Every few years the lake is drained for a few months to allow residents to clean and repair boat docks along the lake and canals, and generally speaking, it is understood that the lake is a controlled body of water. Even so, in the flood of 1996, water did spill over in some areas because it was not able to be released quickly enough at the dam to compensate for the heavy inflow.

FEMA recently completed a study of the Lake Oswego area and has determined that it will change the flood zone designation for properties on the lake, as well as properties surrounding the canals, Tualatin River, and Spring Creek. The maps for the 100-year flood zone have been altered, and are available for viewing at www.ci.oswego.or.us/plan. The city’s website states: “Text amendments are intended to comply with FEMA’s regulations so that the City can retain eligibility for participation in the National Flood Insurance Program.”

Lake Oswego must be compliant with FEMA’s requirements in order for Lake Oswego residents to be able to take advantage of their flood insurance policies in the event of a natural disaster. Lake Oswego property owners, especially those near the lake, would be well advised to double-check their property’s location on these new maps and its relation to the new flood zones, as they may be required to carry flood insurance now, even though that was not the case when the property was purchased.

According to Kelley Woodwick at Chicago Title, there is good news for sellers, in that flood insurance contracts may be transferred to new buyers at grandfathered rates and zones. Again, check the city’s new maps before June 18th to acquire information on the grandfathered areas… after the 18th, I am told that the information will most likely be removed from the website.

There are also new regulations resulting, including elevation requirements for remodeling and new construction. Significant remodeling jobs now require that the structure be at 104.5 ft elevation as compared to the old standard of 103.5 ft. New construction after June 18, 2008 will also be required to meet a 104.5 ft elevation requirement.

Checking with the City of Lake Oswego is always a good idea, and much information can be found at their website (above). Stay informed, stay protected, and stay dry!

Posted on

Lake Oswego Real Estate Activity – May 26-June 1, 2008

Welcome! Each week here at the PropertyBlotter, we post the previous week’s real estate activity, including new listings, homes that have received an acceptable offer (sale pending), and closed sales. Note, we delay reporting on closed sales by one week to ensure we’ve captured all sales.

Later in the week, we’ll post a monthly wrap-up for the Lake Oswego market, comparing it to May 2007.

Here is the latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):

NEWLY LISTED (May 26 – June 1, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
100 KERR PKWY
$99,950
1
1
617
CONDO
5/29
96 OSWEGO SMT
$139,900
1
1
764
CONDO
5/26
44 EAGLE CREST DR
$149,500
2
1
908
CONDO
5/29
668 MCVEY AVE
$254,900
2
1
852
CONDO
5/29
5058 FOOTHILLS DR
$289,000
2
2
1,252
CONDO
5/28
28 GREENRIDGE CT
$294,499
2
1.1
1,900
ATTACHD
5/31
5829 SW BENFIELD CT
$347,800
5
2.1
1,744
DETACHD
5/30
3545 UPPER DR
$375,000
3
2
1,348
DETACHD
5/31
16758 GRAEF CIR
$395,000
3
1
1,295
DETACHD
5/26
18929 SW TERRY AVE
$429,950
4
2
2,065
DETACHD
5/29
17273 BRYANT RD
$432,000
3
1.1
1,432
DETACHD
5/27
100 KINGSGATE RD
$445,000
3
2.1
1,960
DETACHD
5/29
17162 WARREN CT
$532,500
4
2.1
2,231
DETACHD
5/26
455 10TH ST
$538,950
2
2
2,284
DETACHD
5/29
3 MASARYK ST
$574,000
4
3
4,283
DETACHD
5/26
54 Aquinas ST
$575,000
3
2.1
3,236
DETACHD
5/26
322 8TH ST
$575,000
2
2
1,734
DETACHD
5/29
36 NORTHVIEW CT
$579,000
3
3.1
2,573
ATTACHD
5/28
32 WESTRIDGE DR
$655,000
4
2.2
3,614
DETACHD
5/29
2161 HILLSIDE CT
$669,900
4
3
3,378
DETACHD
5/25
5017 HARTFORD PL
$699,000
3
3.1
3,259
DETACHD
5/28
2981 VALE CT
$699,000
4
2.1
3,516
DETACHD
5/30
17 SCARBOROUGH DR
$699,900
4
2.1
3,290
DETACHD
5/30
2650 LOOKOUT CT
$699,900
4
3.1
3,480
DETACHD
5/29
5287 LANGFORD LN
$734,000
3
2.1
2,951
DETACHD
5/25
18242 ANDUIN TER
$799,500
5
3
3,651
DETACHD
5/28
5441 DENTON DR
$839,000
4
2.1
3,335
DETACHD
5/29
4102 CHAD DR
$848,950
4
2.1
3,054
DETACHD
5/29
16980 MAPLE CIR
$870,000
4
2
2,500
DETACHD
5/28
1640 OAK ST
$899,900
4
2.1
3,326
DETACHD
5/31
1633 MAPLE ST
$997,500
3
3
3,448
DETACHD
5/27
15540 VILLAGE DR
$1,049,000
5
2.1
3,780
DETACHD
5/30
16840 ALDER CIR
$1,749,000
4
2.1
3,563
DETACHD
5/30
19300 SW STAFFORD RD
$2,195,000
3
3.1
6,158
DETACHD
5/27

PENDING SALES (May 26 – June 1, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
PENDING DATE
100 KERR PKWY
$67,900
1
1
617
CONDO
73
44 EAGLE CREST DR
$150,000
2
1
908
CONDO
132
368 CERVANTES CIR
$150,000
2
1
882
CONDO
105
4952 PARKHILL ST
$459,900
3
3
3,274
DETACHD
101
1720 WOODLAND TER
$475,000
4
2.1
2,786
DETACHD
69
5853 SOUTHWOOD DR
$699,900
5
2.1
3,707
DETACHD
217
2430 SUMMIT CT
$1,400,000
2
2
2,911
DETACHD
658
1673 CHERRY LN
$1,995,000
4
4.3
5,732
DETACHD
72
16871 SW GREENBRIAR RD
$2,695,000
5
4.1
6,050
DETACHD
2

SOLD (MAY 19 – 25, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
45 EAGLE CREST DR
$159,900
$150,000
1
1
768
CONDO
5
342 CERVANTES CIR
$167,000
$164,000
2
1.1
1,104
CONDO
20
3852 SW Botticelli ST
$234,900
$225,000
3
2
1,224
ATTACHD
33
214 OSWEGO SMT
$259,900
$248,000
2
2
1,506
ATTACHD
48
5750 CARMAN DR
$299,900
$273,625
4
2
1,580
DETACHD
143
4512 LOWER DR
$349,900
$320,000
2
2.1
1,636
ATTACHD
13
19061 SW INDIAN SPRINGS RD
$519,900
$412,000
5
3
2,341
DETACHD
128
18471 WAXWING CIR
$514,900
$415,000
4
2.1
2,431
DETACHD
324
5511 ROYAL OAKS DR
$449,900
$450,000
3
2
1,898
DETACHD
39
13395 VERMEER DR
$469,698
$469,698
4
2.1
2,461
DETACHD
4
1440 CHERRY CREST AVE
$539,900
$539,900
3
2.1
1,938
DETACHD
14
17878 HILLSIDE DR
$649,950
$600,000
5
3
3,449
DETACHD
27
2934 TOLKIEN LN
$925,000
$694,000
5
3.1
3,851
DETACHD
462
14218 KIMBERLY CIR
$749,000
$735,000
4
2.1
3,205
DETACHD
6
165 FURNACE ST
$829,000
$820,000
2
2.1
2,175
CONDO
9
2188 GLENMORRIE LN
$900,000
$830,000
5
3
3,200
DETACHD
73
1592 VIEW LAKE CT
$995,000
$985,000
3
3
2,889
DETACHD
56
12210 SW ORCHARD HILL RD
$1,950,000
$1,550,000
4
3.2
4,640
DETACHD
302
1200 FAIRWAY RD
$2,450,000
$1,950,000
5
4.1
4,872
DETACHD
398

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

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

Posted on

Lake Oswego Open Houses – May 30-June 1, 2008

Homes priced from the low $300s to $1.7M are open for your viewing this weekend, including our Linda Trotta’s remodeled listing on Greentree. Drop in and say Hi.

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

Date Time Address
List Price
Bdrms
Baths
Total SF
5/31/08 2-5pm 11 SUMMIT RIDGE CT
$319,000
2
2.1
1,576
6/1/08 1-4 PM 16155 SW KIMBALL AVE
$349,900
3
1
1,488
6/1/08 1-3pm 5720 SW KENNY ST
$359,000
3
2
1,416
6/1/08 1:00-3:00 4974 SUNTREE LN
$396,700
2
2.1
1,652
6/1/08 12:30-3:30pm 17650 ARBOR LN
$399,900
3
3
2,043
6/1/08 1:00 – 4:00 907 BULLOCK ST
$429,500
4
2
2,020
6/1/08 1-4pm 4284 WEST BAY RD
$439,900
3
2
1,539
6/1/08 1 to 4 54 Aquinas ST
$575,000
3
2.1
3,236
6/1/08 2:00-4:00PM 1448 GREENTREE CIR
$588,000
3
2.1
2,587
6/1/08 1-4pm 1038 BAYBERRY RD
$599,900
5
4
2,890
6/1/08 1-4pm 5657 GRAND OAKS DR
$609,900
3
2.1
2,888
6/1/08 1:00 – 3:00 14412 MEADOW GRASS ST
$625,000
4
2.1
3,563
6/1/08 1-4 pm 13500 TWIN CREEK LN
$679,000
4
2.1
3,049
6/1/08 12-2pm 14 Del Prado
$699,000
5
3.1
4,094
6/1/08 1PM-4PM 1 BRITTEN CT
$699,950
4
3
2,325
6/1/08 1-4 PM 3211 ALBER SPRING CT
$825,000
4
2.1
2,993
6/1/08 1-3pm 645 Country Club RD
$859,900
4
2.1
3,262
6/1/08 12-3pm 2357 HILLSIDE LN
$874,900
5
3
4,162
6/1/08 12:00-2:00 18280 DELENKA LN
$899,900
5
3.1
4,405
6/1/08 1-4pm 13915 SUNDELEAF DR
$998,000
4
3.1
4,090
6/1/08 1-3pm 3540 RED CEDAR WAY
$999,000
5
3.1
4,100
5/31/08 12-3pm 161 FURNACE ST
$999,990
2
2
2,401
6/1/08 3-5pm 13701 SW KNAUS RD
$1,299,000
5
4.1
5,730
5/31/08 1-3pm 622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
5/31/08 1-3pm 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
5/31/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,659
6/1/08 3-5PM 2600 DELLWOOD DR
$1,699,000
4
3
3,690

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. If links to ACTIVE properties do not bring up property information, the listing may no longer be active, but rather expired, cancelled, pending, or sold.