Last week we saw 5 New properties entering the market, 19 go to Pending status, and 21 Selling in Lake Oswego.
Here are further details regarding last week’s Market Activity:
NEW SALES (Mar 25-31, 2013):
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 22 OSWEGO SMT | $109,900 | 1 | 1 | 764 | CONDO |
| 3906 CARMAN DR | $176,300 | 3 | 2.1 | 1354 | CONDO |
| 5053 FOOTHILLS DR # H | $200,000 | 3 | 2 | 1252 | CONDO |
| 32 WESTRIDGE DR | $579,900 | 4 | 2.2 | 3653 | DETACHD |
| 5320 CHILDS RD | $989,500 | 5 | 3 | 3700 | DETACHD |
PENDING SALES (Mar 25-31, 2013)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 100 KERR PKWY #26 | $69,900 | 1 | 1 | 617 | CONDO | 32 |
| 56 SW GREENRIDGE CT | $259,000 | 3 | 2.1 | 1996 | CONDO | 47 |
| 1287 BOCA RATAN DR | $275,000 | 3 | 2 | 1611 | CONDO | 63 |
| 1118 OAK ST | $275,000 | 3 | 1.1 | 1320 | DETACHD | 23 |
| 12439 ORCHARD HILL RD | $345,000 | 3 | 2 | 1513 | DETACHD | 2 |
| 5910 SHAKESPEARE ST | $355,000 | 4 | 2.1 | 1663 | DETACHD | 253 |
| 14423 ORCHARD SPRINGS RD | $379,900 | 3 | 2.5 | 1710 | DETACHD | 4 |
| 23 DA VINCI ST | $396,000 | 3 | 2.1 | 2024 | DETACHD | 2 |
| 15495 TANAGER DR | $410,000 | 4 | 2.1 | 2255 | DETACHD | 140 |
| 18895 INDIAN SPRINGS RD | $439,000 | 5 | 3 | 2860 | DETACHD | 20 |
| 4986 MULHOLLAND DR | $469,900 | 3 | 2.1 | 2503 | DETACHD | 3 |
| 17560 WESTVIEW DR | $469,900 | 3 | 2.1 | 2561 | DETACHD | 0 |
| 17125 WARREN CT | $489,900 | 4 | 2.1 | 2705 | DETACHD | 5 |
| 4572 UPPER DR | $492,488 | 2 | 2 | 1454 | DETACHD | 12 |
| 1492 GLENMORRIE DR | $545,000 | 3 | 4 | 4096 | DETACHD | 174 |
| 3300 RIVER WOODS PL | $759,000 | 3 | 3 | 3642 | DETACHD | 2 |
| 4311 HAVEN ST | $875,000 | 5 | 4 | 3816 | DETACHD | 16 |
| 329 10TH ST | $894,000 | 4 | 2.1 | 3647 | DETACHD | 175 |
| 511 6TH ST | $998,000 | 5 | 3.1 | 4052 | DETACHD | 151 |
SOLD (Mar 25-31, 2013)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 4 TOUCHSTONE | $115,800 | $115,800 | 3 | 2.1 | 1351 | ATTACHD | 226 |
| 4394 THUNDER VISTA LN #4394 | $170,000 | $173,000 | 2 | 2.1 | 1980 | CONDO | 253 |
| 885 MCVEY AVE | $219,900 | $200,000 | 3 | 1 | 1292 | DETACHD | 45 |
| 2367 GLENMORRIE DR | $275,000 | $252,500 | 2 | 2 | 2132 | DETACHD | 273 |
| 15721 BOONES WAY | $329,000 | $322,000 | 3 | 2 | 1920 | DETACHD | 0 |
| 959 LEE ST | $329,000 | $329,900 | 3 | 2 | 2340 | DETACHD | 28 |
| 5324 LOWER DR | $345,000 | $330,000 | 3 | 2.1 | 2034 | DETACHD | 84 |
| 3269 PHYLLIS CT | $339,900 | $338,700 | 3 | 1.2 | 1711 | DETACHD | 4 |
| 6414 Frost ST | $344,900 | $339,900 | 3 | 2.1 | 2205 | DETACHD | 125 |
| 332 4th ST | $399,900 | $400,000 | 2 | 2.1 | 1731 | ATTACHD | 16 |
| 57 TOUCHSTONE | $420,000 | $420,000 | 4 | 3 | 2465 | DETACHD | 57 |
| 4909 MULHOLLAND DR | $428,000 | $428,000 | 2 | 2.1 | 2403 | ATTACHD | 5 |
| 13366 AUBURN CT | $434,000 | $433,000 | 3 | 2.1 | 2492 | ATTACHD | 82 |
| 15585 PARTRIDGE DR | $449,950 | $445,000 | 4 | 2.1 | 2604 | DETACHD | 274 |
| 0 SW Kenny ST | $480,000 | $489,000 | 4 | 3 | 2700 | DETACHD | |
| 19592 PERCH CT | $529,950 | $529,950 | 4 | 2.1 | 2800 | DETACHD | 6 |
| 12926 ROGERS RD | $565,000 | $530,000 | 4 | 3 | 2776 | DETACHD | 13 |
| 2065 LILLI LN | $695,000 | $664,000 | 5 | 3.2 | 4112 | DETACHD | 116 |
| 13315 HIDDEN BAY CT | $700,000 | $679,138 | 5 | 2.1 | 3671 | DETACHD | 5 |
| 1255 ANDREWS RD | $785,000 | $770,000 | 6 | 4 | 4408 | DETACHD | 162 |
| 4033 WESTBAY RD | $1,195,000 | $1,115,000 | 4 | 3.1 | 3691 | DETACHD | 30 |
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
Happy Easter ~ Open “House” Report : )
There is one house Open for Easter Sunday in Lake Oswego according to RMLS… and what a beautiful house it is!
Enjoy your Easter, no matter what you do!!!
| Address | L/Price | # Beds | # Baths | Total SF | Prop Type | Open |
| 112 NORTHSHORE CIR | $1,625,000 | 3 | 3.1 | 3632 | TRAD | 11AM-4PM |
News & Notes
Buyer…. Be Informed!
As Realtors, we always encourage our Buyer clients to get information “direct from the horse’s mouth”, or more accurately, to call or visit the city where one is purchasing, and talk directly to the Planning or other related department about records for the home. You can ask any number of questions and talk directly to those “in the know”. We do conduct our own research, and do get involved and assist, but I still believe the best practice is for the Buyer to get their information “direct”. That way there’s no translating involved, and nothing that gets left “un-asked” that a client might wish they had asked their Realtor to find out later on. The people at the City are really nice folks, and are there to help. If you’re looking for a home in Lake Oswego, give them a call or pay them a visit! Here’s the link: City of Lake Oswego/Planning.
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Similarly, the Internet is a fantastic source for much of the information you want to find out regarding a home’s background, development potential, easements, past permits, lot lines, etc etc etc. There is a site called Portland Maps that can be accessed for information on Lake Oswego properties as well. This link is easy to use. Just type in the address, and voila, the aforementioned, along with demographics, crime statistics, and more is at your fingertips. Here’s the link to Portland Maps.
Market Activity March 18-24, 2013
It was a busy week in real estate in Lake Oswego last week. We had 9 new listings, 27 pending sales, and 14 closed sales. The buyers are out there!
Here are further details regarding last week’s Market Activity:
NEW SALES (Mar 18-24, 2013):
| Address | Type | Price | BR | Bths | SF |
| 4 Touchstone | Condo | $115,000 | 2 | 2 | 984 |
| 5213 Rosewood St | Detached | $389,900 | 3 | 2.5 | 1934 |
| 580 2nd St | Condo | $397,500 | 2 | 1.5+.5 | 1464 |
| 15495 Tanager Dr | Detached | $410,000 | 4 | 2.5 | 2255 |
| 16168 Lake Forest Blvd | Detached | $449,900 | 4 | 3 | 2276 |
| 17125 Warren Ct | Detached | $489,900 | 4 | 2.5 | 2705 |
| 557 2nd St #205 | Condo | $680,000 | 2 | 2.5 | 1833 |
| 3480 Upper Dr | Detached | $749,000 | 3 | 2.5 | 2571 |
| 4190 Chad Dr | Detached | $749,500 | 4 | 3.5 | 3756 |
| 14393 Amberwood Circle | Detached | $820,000 | 5 | 3.5 | 3692 |
PENDING SALES (Mar 18-24, 2013)
| Address | Type | Price | BR | Baths | SF | DOM |
| 4620 Lower Dr | Condo | $75,000 | 2 | 1.5 | 1160 | 107 |
| 208 Ridgeway Rd | Condo | $135,500 | 1 | 1 | 778 | 13 |
| 12632 Boones Ferry Rd | Detached | $204,000 | 2 | 2 | 1652 | 13 |
| 5020 Lakeview Blvd | Detached | $239,900 | 3 | 2 | 1192 | 1 |
| 16232 Bonaire Ave | Detached | $279,900 | 4 | 2.5 | 1792 | 17 |
| 4610 Lamont Way | Detached | $330,000 | 3 | 2 | 1750 | 10 |
| 18959 Kristi Way | Detached | $350,000 | 3 | 2 | 1778 | 33 |
| 2550 Greentree Rd | Detached | $359,900 | 4 | 3 | 2852 | 160 |
| 2593 Greentree Rd | Detached | $359,900 | 4 | 3 | 2215 | 7 |
| 1621 Larch St | Detached | $375,000 | 3 | 2.5 | 3040 | 138 |
| 1288 Rockinghorse Ln | Detached | $382,500 | 3 | 2 | 1742 | 111 |
| 4471 Chapman Way | Detached | $395,000 | 3 | 3 | 1989 | 1 |
| 4917 Mulholland Dr | Attached | $420,000 | 2 | 2.5 | 2403 | 58 |
| 2010 Greentree Rd | Detached | $420,000 | 4 | 2.5 | 2330 | 4 |
| 5099 Galen St | Detached | $429,500 | 4 | 2.5 | 2246 | 3 |
| 14520 Rainbow Dr | Detached | $429,900 | 4 | 2 | 2405 | 5 |
| 14336 Camden Ln | Detached | $432,500 | 4 | 2.5 | 2398 | 2 |
| 323 3rd St | Attached | $469,900 | 3 | 3.5 | 1959 | 205 |
| 686 Sunnyhill Dr | Detached | $499,900 | 4 | 2.5 | 2392 | 64 |
| 5450 Bay Creek Dr | Detached | $525,000 | 4 | 2.5 | 2386 | 5 |
| 940 Upper Devon Ln | Detached | $549,900 | 4 | 3 | 4464 | 295 |
| 2491 Overlook Dr | Detached | $579,990 | 4 | 3 | 3250 | 173 |
| 13282 Boones Ferry Rd | Detached | $585,000 | 4 | 2.5 | 3267 | 262 |
| 5554 Luce Ln | Detached | $589,900 | 5 | 3 | 3234 | 27 |
| 4036 Melissa Dr | Detached | $592,000 | 4 | 3.5 | 3118 | 17 |
| 17937 Kelok Rd | Detached | $675,000 | 5 | 2 | 2466 | 21 |
| 2960 Wembley Park Rd | Detached | $695,000 | 4 | 2.5 | 2000 | 252 |
SOLD (Mar 18-24, 2013)
| Address | Type | List Price | Closed Price | Sq Ft | CDOM |
| 26 Crestfield Ct | Condo | $84,900 | $89,100 | 989 | 11 |
| 44 Eagle Crest Dr #18 | Condo | $128,000 | $128,000 | 1085 | 43 |
| 222 Cervantes D | Condo | $182,963 | $181,000 | 1464 | 13 |
| 1028 Spruce St | Detached | $215,000 | $230,100 | 1,140 | 42 |
| 466 5th St #14 | Condo | $299,900 | $269,000 | 1092 | 175 |
| 1041 Hemlock St | Detached | $319,000 | $293,000 | 2623 | 170 |
| 1449 Greentree Circle | Detached | $345,000 | $295,000 | 1696 | 139 |
| 762 Maple St | Detached | $479,000 | $449,000 | 2417 | 28 |
| 17802 Treetop Ln | Detached | $595,000 | $514,000 | 3655 | 370 |
| 2770 Wembley Park Rd | Detached | $615,000 | $588,000 | 3375 | 122 |
| 5028 Woodcrest Ln Lt14 | Detached | $608,000 | $608,000 | 3063 | 218 |
| 17980 Meadowlark Ln | Detached | $645,000 | $630,000 | 3252 | 1 |
| 15150 Glen Eagles Ct | Detached | $799,000 | $759,900 | 2839 | 22 |
| 18785 Westview Dr | Detached | $1,795,000 | $1,400,000 | 5508 | 274 |
Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings
Market Activity ~ Feb. 6-12, 2012
Lots of good activity in Lake Oswego this past week!!
See below for further details:
NEW SALES (Feb 6-12, 2012,, 2011)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 360 CERVANTES CIR | $98,500 | 2 | 1 | 832 | CONDO |
| 3834 BOTTICELLI ST | $129,900 | 2 | 2 | 1055 | ATTACHD |
| 5058 FOOTHILLS DR A | $190,000 | 2 | 2 | 1252 | CONDO |
| 4890 INDIAN CREEK CT | $250,000 | 3 | 2 | 2064 | DETACHD |
| 5060 FOOTHILLS DR E | $279,900 | 2 | 2 | 1252 | CONDO |
| 668 MCVEY AVE | $315,000 | 3 | 1.1 | 992 | CONDO |
| 1872 KILKENNY DR | $379,900 | 5 | 3 | 2748 | DETACHD |
| 12770 SIERRA VISTA DR | $392,900 | 4 | 2.1 | 2592 | DETACHD |
| 21 CONDOLEA DR | $399,900 | 3 | 2.1 | 2198 | CONDO |
| 486 LIVINGOOD LN | $459,000 | 4 | 3.1 | 3115 | DETACHD |
| 17859 HILLSIDE WAY | $502,999 | 5 | 3 | 3926 | DETACHD |
| 17802 MARYLCREEK DR | $509,000 | 4 | 4 | 3735 | DETACHD |
| 5975 NEWCASTLE DR | $539,000 | 3 | 2.1 | 3339 | DETACHD |
| 17802 TREETOP LN | $599,000 | 4 | 3.1 | 4110 | DETACHD |
| 1708 OAK ST | $638,000 | 4 | 2.1 | 3444 | DETACHD |
| 2351 PALISADES CREST DR | $699,900 | 5 | 2.1 | 4037 | DETACHD |
| 96 GARIBALDI ST | $795,000 | 3 | 3.1 | 4819 | DETACHD |
| 14066 Edenberry DR | $795,000 | 5 | 3.1 | 3835 | DETACHD |
| 2311 OSWEGO GLEN CT | $839,000 | 4 | 4 | 4529 | DETACHD |
| 18493 RAY RIDGE DR | $993,500 | 4 | 3.3 | 4283 | DETACHD |
| 19395 HILLTOP RD | $1,095,000 | 4 | 3.2 | 4911 | DETACHD |
| 1644 LESLIE LN | $1,350,000 | 4 | 3.2 | 4982 | DETACHD |
| 758 SOUTHVIEW RD | $3,795,000 | 5 | 5.1 | 5179 | DETACHD |
| 1024 NORTHSHORE RD | $4,695,000 | 5 | 5.1 | 7000 | DETACHD |
PENDING (Feb 6-12, 2012, 2011)
| Address | List Price | # Beds | # Baths | Prop Type | Total SF | CDOM |
| 1400 BONNIEBRAE DR | $150,000 | 2 | 1 | ATTACHD | 864 | 36 |
| 58 GREENRIDGE CT | $164,900 | 3 | 2.2 | ATTACHD | 1996 | 51 |
| 19158 LONGFELLOW AVE | $199,000 | 3 | 1.1 | DETACHD | 1232 | 2 |
| 17683 NICOLE LN | $219,000 | 3 | 2 | DETACHD | 1200 | 67 |
| 6380 WASHINGTON CT | $232,500 | 3 | 2 | DETACHD | 1720 | 91 |
| 5311 TUALATA CT | $249,000 | 3 | 1.1 | DETACHD | 1387 | 293 |
| 2025 WEMBLEY PARK RD | $299,000 | 4 | 2.1 | DETACHD | 2304 | 9 |
| 14 NORTHVIEW CT | $379,000 | 4 | 3.1 | ATTACHD | 3279 | 264 |
| 13854 PROVINCIAL HILL DR | $399,900 | 4 | 2.1 | DETACHD | 2726 | 240 |
| 6 CHURCHILL DOWNS | $399,900 | 5 | 3.1 | DETACHD | 2922 | 1 |
| 16884 SUMMER PL | $419,900 | 4 | 2.1 | DETACHD | 2782 | 296 |
| 13880 KNAUS RD | $475,000 | 4 | 3.1 | DETACHD | 3532 | 131 |
| 72 CONDOLEA WAY | $495,000 | 3 | 2.1 | CONDO | 2958 | 18 |
| 4730 AVERY LN | $499,000 | 4 | 2.1 | DETACHD | 2666 | 3 |
| 2469 MARYLHAVEN PL | $500,000 | 4 | 3.2 | DETACHD | 5582 | 5 |
| 17900 GREENBLUFF DR | $775,000 | 4 | 3.1 | DETACHD | 4210 | 211 |
| 17951 MEADOWLARK LN | $799,900 | 4 | 3.2 | DETACHD | 5065 | 17 |
| 17434 LAKE HAVEN DR | $1,595,000 | 4 | 2.1 | DETACHD | 3976 | 8 |
SOLD (Feb 6-12, 2012, 2011)
| Address | O/Price | Close Price | # Beds | # Baths | Prop Type | Total SF | CDOM |
| 210 S STATE ST | $174,900 | $147,000 | 2 | 1 | CONDO | 1495 | 86 |
| 15 CONDOLEA DR | $275,000 | $197,550 | 3 | 3 | CONDO | 2388 | 193 |
| 16695 GLENWOOD CT | $469,900 | $317,000 | 4 | 3 | DETACHD | 3060 | 176 |
| 1877 WOODLAND TER | $399,000 | $399,000 | 4 | 2 | DETACHD | 2776 | 4 |
| 18116 PIONEER CT | $549,000 | $549,000 | 5 | 3 | DETACHD | 3500 | 3 |
| 23 HILLSHIRE DR | $679,000 | $570,000 | 4 | 4 | DETACHD | 3916 | 194 |
| 17110 LOWENBERG TER | $689,000 | $629,000 | 4 | 2.1 | DETACHD | 2732 | 1078 |
| 18308 MEADOWLARK LN | $1,425,000 | $1,320,000 | 4 | 3.3 | DETACHD | 6853 | 171 |
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
What’s Happening in Lake Oswego? ~
* Really Local Weather – Three new weather stations installed at City Hall, the Golf Course and Westlake Fire Station are now recording temperature, wind speed & direction, relative humidity, dew point, soil moisture, soil temperature, precipitation and Evapo-transpiration. CLICK HERE to access current local weather info.
* Portland International Film Festival in Lake Oswego – Feb. 10-16~ The Bank of Lake Oswego and The City of Lake Oswego are sponsors of the festival, and 16 films will be shown in Lake Oswego. The festival showcases more than a hundred films around the world. To see showtimes, location & purchase tickets CLICK HERE.
*Virtual Summit – To see the information presented at the Feb 2nd summit, and to add your own thoughts on “inspiring spaces & places”, and “Complete Neighborhoods & Housing” CLICK HERE . The deadline for submitting comments is Feb 12th.
* Lake Oswego Rides Mink River – Feb 18th ~ Join Mayor Hoffman for a themed bike ride that visits some of the city’s public work sites and runs along the river winding through Sister of the Holy Names & to the Art Spot. Gather at 9:45 for a 10:00AM bike ride at Millennium Plaza Park. The ride is 10 miles, and registration is completed by calling 503 675 3730.
Market Activity ~ Jan 30 – Feb 5, 2012
There were 19 New properties entering the market, 13 in Pending status, and 5 marked as Sold during the last week according to RMLS.
See below for further details:
NEW (Jan 30 – Feb 5, 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type |
| 204 RIDGEWAY RD | $99,500 | 1 | 1 | 778 | CONDO |
| 76 OSWEGO SMT | $119,900 | 2 | 2 | 1212 | CONDO |
| 4 TOUCHSTONE #69 | $159,900 | 3 | 2.1 | 1351 | CONDO |
| 23 BLOCH TER | $195,000 | 2 | 2 | 1394 | ATTACHD |
| 65 KINGSGATE RD | $259,000 | 3 | 2 | 1237 | ATTACHD |
| 5958 KENNYCROFT WAY | $298,950 | 3 | 2.1 | 1450 | DETACHD |
| 2025 WEMBLEY PARK RD | $299,000 | 4 | 2.1 | 2304 | DETACHD |
| 1033 Yates | $459,900 | 4 | 3.1 | 2889 | DETACHD |
| 5947 MEADOWCREEK CT | $499,900 | 4 | 2.1 | 2485 | DETACHD |
| 3660 LAKE GROVE AVE | $550,000 | 4 | 2.1 | 2400 | DETACHD |
| 4081 PFEIFER CT | $580,000 | 5 | 3.1 | 4070 | DETACHD |
| 13226 ROGERS RD | $599,000 | 4 | 2.1 | 3691 | DETACHD |
| 1700 MAPLE ST | $629,900 | 3 | 2.1 | 3098 | DETACHD |
| 2530 PALISADES CREST DR | $639,000 | 4 | 2.1 | 2854 | DETACHD |
| 15468 BOONES WAY | $724,900 | 4 | 2.1 | 2425 | ATTACHD |
| 2358 SUMMIT DR | $739,000 | 3 | 2.1 | 2995 | DETACHD |
| 4033 WESTBAY RD | $1,295,000 | 4 | 3.1 | 3691 | DETACHD |
| 17434 LAKE HAVEN DR | $1,595,000 | 4 | 2.1 | 3976 | DETACHD |
| 199 FURNACE ST Upper | $2,590,000 | 3 | 3.1 | 5772 | CONDO |
PENDING (Jan 30 – Feb 5, 2012)
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 247 CERVANTES | $120,600 | 2 | 2 | 1384 | CONDO | 114 |
| 12844 SW BOONES FERRY RD | $175,000 | 2 | 2.1 | 1152 | ATTACHD | 15 |
| 908 LAKE FRONT RD | $199,900 | 2 | 1 | 1398 | DETACHD | 62 |
| 18609 KRISTI WAY | $208,500 | 4 | 1 | 1400 | DETACHD | 33 |
| 7 BRITTEN CT | $235,000 | 4 | 2 | 2046 | ATTACHD | 314 |
| 1716 ASPEN CT | $239,900 | 3 | 2 | 1528 | DETACHD | 202 |
| 16989 TUALATIN ST | $247,000 | 3 | 2.1 | 1491 | DETACHD | 233 |
| 186 D AVE | $299,900 | 3 | 2.1 | 1636 | ATTACHD | 102 |
| 10 HILLSHIRE DR | $384,900 | 4 | 3 | 3152 | DETACHD | 12 |
| 537 2ND ST | $459,900 | 2 | 2 | 1292 | CONDO | 3 |
| 4079 COLTSFOOT LN | $486,799 | 4 | 4 | 3308 | DETACHD | 791 |
| 4370 LAKEVIEW BLVD | $600,000 | 3 | 2 | 1305 | DETACHD | 1 |
| 16827 Scott CT | $769,000 | 4 | 3.1 | 3952 | DETACHD | 256 |
SOLD (Jan 30 – Feb 5, 2012)
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
| 5786 WASHINGTON CT | $194,400 | $147,000 | 3 | 2 | 1876 | DETACHD | 95 |
| 5220 FIRWOOD RD | $134,900 | $215,000 | 3 | 2 | 1300 | DETACHD | 18 |
| 15085 GLEN EAGLES PL | $404,900 | $395,000 | 3 | 3 | 2996 | DETACHD | 715 |
| 533 2ND ST | $415,000 | $403,950 | 2 | 2 | 1274 | CONDO | 42 |
| 16491 CHAPIN WAY | $799,000 | $717,500 | 4 | 3 | 3648 | DETACHD | 248 |
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
Today’s Open Houses
There are 12 houses being held open today. I’ve also got to comment that the past few days have been glorious with crisp, clear, sunny weather. Today is going to be that again. So get out there and enjoy it!
16212 Lake Forest Blvd, detached, $229,900, 3 BR, 2 Bths, Open 1 to 3
1700 Bonniebrae Dr, a condo, $259,000, 3 BR, 3 Bths, Open 12 to 2
668 McVey #57, a condo, $299,000, 3 BR, 1.5 Bths, Open 12 to 2
4700 Lower Dr, detached, $369,900, 3 BR, 2.5 Bths, Open 1 to 3
5542 Dunmire Dr, detached, $529,900, 4 BR, 2.5 Bths, Open 11 to 4
5515 Dunmire Dr, detached, $536,900, 4 BR, 3 Bths, Open 11 to 4
5595 Luce Ln, detached, $579,900, 5 BR, 3 Bths, Open 11 to 4
15633 Fieldstone Dr, detached, $618,950, 4 BR, 2.5 Bths, Open 12 to 2
5533 Fieldstone Ct, detached, $628,950, 4 BR, 2.5 Bths, Open 12 to 2
18231 Siena Dr., detached, $994,000, 4 BR, 3.5 Bths, Open 12 to 2
18132 Siena Dr, detached, $1,125,000, 4 BR, 3.5 Bths, Open 12 to 2
18202 Bella Terra Dr, detached, $1,145,000, 4 BR, 3.5 Bths, Open 12 to 2
This is Earthquake Country
Some background
When recently visiting LO City Hall, I found a wealth of interesting information on a variety of topics, one of which is a handy little magazine called “Living on Shaky Ground“. It’s published by Oregon Emergency Management and is available for free.
We happen to live right on top of the Cascadia Subduction Zone. This zone has a history of 8.0 and 9.0 (we are talking HUGE earthquakes) that goes back 10,000 years with these big quakes happening on average every 250 years. It’s now been 312 years since the last big quake. So it’s not a matter of if, it’s a matter of when.
So, what can you do? In particular, when it comes to your home and buying a house.
When buying a home inspect, inspect, inspect
A good home inspector will look at the house from a perspective of its structural soundness. If the inspector has concerns, he or she should recommend further inspection be done by a seismic engineer.
I was recently involved in the potential sale of a home that was partially built on stilts with a very sloped lot. I was representing the buyer. Our home inspector determined that the substructure of the stilts provided for East and West support (or shaking) but not for North and South. Basically the Nouthern stilts all sat on the same retaining wall with no lateral bracing. In an earthquake, any shaking from the North to the South would cause that retaining wall to fall over and, yep, the house would go down the hill. Needless to say, my buyer chose to end that transaction and ended up purchasing an entirely different home.
If a more in-depth inspection is required by a seismic engineer, expect to spend about $250 for a sight visit. At this visit you will be able to walk the property and get a naration of what the engineer thinks. If you want to proceed and you want specific observation put into writing, that would include corrective measures to create a secur home, expect to spend several thousand dollars.
Consider getting earthquake insurance
There are limitations to what homes can qualify for earthquake insurance. Most insurance companies will not issue it to older homes. But if your home was built in the last 50 or so years, it may be eligible. And if it is, it is not that expensive to add as a rider to your home owner’s policy. Look into it.
Consider getting your home retrofitted
Newer homes are built to modern codes and standards that do take earthquakes into consideration. So newer homes are going to be more seismicly sound. However, older homes can be retro-fitted. Strapping the house to the foundation, installing cripple walls in the crawlspace, bolting the mudsills to the foundations: these are just a few of the possible corrective measures to make an older home more seismicly worthy.
Some thoughts
In 1993, Oregon had 3 strong earthquakes. I was awoken from sleep by the “Springbreak Quake”, a 5.6 magnitude quake centered about 25 miles South of Lake Oswego in Scotts Mills. That same year Klamath Falls in Southern Oregon had 5.9 and 6.0 earthquakes. Being awoken from sleep by an earthquake makes you feel like you have been through something quite extraordinary. I can not even imagine the shock and destruction of experiencing an 8.0 or 9.0 quake.
Preparedness is the key. Do some research, think about preparing your family and your home for living through an earthquake.
I have recently read quite a bit that the way to react to an earthquake is to get into what is called “The Triangle of Life”. This involves laying against furniture or large objects so that your body is contained in the triangle created between the top of the object and the floor. According to the Oregon Emergency Management Office this is NOT the best response. They recommend DROP, COVER, and HOLD ON. Get underneath a sturdy object, on your knees and crouching on the floor, tuck your head between your arms, and hold onto the object that is protecting you. Almost all scientific, government, and relief organizations, including the Red Cross, are now recommending this method.
Let’s hope it doesn’t happen. Proper Prior Planning being one of my favority policies, do take earthquakes seriously. For a copy of “Living on Shaky Ground”, click here.
As always, thanks for reading.
Dianne
Open Houses ~ January 23, 2011
There are 28 beautiful homes being held Open Sunday in Lake Oswego according to RMLS.
Enjoy!
| Address | L/Price | # Beds | # Baths | Total SF | Style | Open | ||
| 86 KINGSGATE RD C-102 | $139,500 | 2 | 2 | 924 | CONDO | 2-4PM | ||
| 5055 FOOTHILLS DR C | $239,000 | 2 | 2 | 1252 | CONDO | 1-4PM | ||
| 18148 BELMORE AVE | $245,000 | 3 | 1 | 1008 | DETACHD | 2-3PM | ||
| 5530 BONITA RD | $279,999 | 3 | 1.1 | 1200 | DETACHD | 1-3PM | ||
| 53 ORIOLE LN | $280,000 | 3 | 2.1 | 2072 | DETACHD | 12-3PM | ||
| 7 BLOCH TER | $285,000 | 3 | 2.1 | 2062 | TWNHSE | 2-4PM | ||
| 15245 BOONES WAY | $289,900 | 3 | 2.1 | 1600 | TWNHSE | 1-2:30PM | ||
| 446 5TH ST | $295,000 | 2 | 1.1 | 1092 | TWNHSE | 1-3PM | ||
| 18231 TERRY AVE | $325,000 | 3 | 2 | 1764 | DETACHD | 1-3:30PM | ||
| 16990 LOWER MEADOWS DR | $340,000 | 3 | 2.1 | 2000 | DETACHD | 1-3PM | ||
| 1830 CLOVERLEAF RD | $373,000 | 5 | 2 | 1795 | DETACHD | 1:30-3:30PM | ||
| 4500 GALEWOOD ST | $420,000 | 3 | 3 | 2408 | DETACHD | 1-4PM | ||
| 18700 WOOD DUCK WAY | $429,900 | 4 | 2 | 2158 | DETACHD | 2:30-4:30PM | ||
| 762 MAPLE ST | $449,000 | 3 | 2.1 | 2417 | DETACHD | 12-3PM | ||
| 19319 SW DOGWOOD CT | $499,900 | 4 | 2.1 | 3105 | DETACHD | 12-4PM | ||
| 19263 MEGLY CT | $549,900 | 5 | 3 | 3213 | DETACHD | 12-4PM | ||
| 19245 SW MEGLY CT | $559,900 | 5 | 3 | 3490 | DETACHD | 12-4PM | ||
| 14361 SHERBROOK PL | $569,000 | 3 | 2.1 | 2100 | DETACHD | 1-3PM | ||
| 13615 KNAUS RD | $625,000 | 2 | 2 | 1755 | DETACHD | 1-3PM | ||
| 2469 MARYLHAVEN PL | $649,000 | 4 | 3.2 | 5582 | DETACHD | 12-3PM | ||
| 17884 KELOK RD | $695,000 | 5 | 3.1 | 4124 | DETACHD | 1:30-3:30PM | ||
| 17896 KELOK RD | $695,000 | 6 | 5.1 | 4323 | DETACHD | 1:30-3:30PM | ||
| 5320 SOUTHWOOD DR | $748,000 | 4 | 3 | 3646 | DETACHD | 3-5PM | ||
| 1809 HEADLEE LN | $850,000 | 3 | 2.1 | 3836 | DETACHD | 1-3PM | ||
| 533 Weidman CT | $924,900 | 4 | 3.1 | 4108 | DETACHD | 2-4PM | ||
| 3136 DOUGLAS CIR | $968,950 | 4 | 3.1 | 4132 | DETACHD | 1-4PM | ||
| 17010 Chapin WAY | $1,099,900 | 4 | 3.1 | 4032 | DETACHD | 2-4PM | ||
| 3515 UPPER DR | $1,150,000 | 4 | 3.1 | 4061 | DETACHD | 1-3PM |