Linda and I want to wish you and yours a very Happy Thanksgiving. Even in these challenging times we have so much to be thankful for. We live in a great country that provides us with opportunities. We live in a great community that appreciates diversity and values all lives. We enjoy our family and friends, and even though we can not be close to them this year, we hold them close in our hearts.
Thanksgiving message with pumpkins on a blue background
Linda and I are giving thanks for you, our readers. We appreciate that you take the time to read the blotter and that you are as eager to learn about real estate as Linda and I are eager to share.
There will not be a market activity report this week. Next week’s report will combine two weeks: last week and this.
Today I want to share with you something personal, and yes, it does have to do with real estate. You see, my Mom passed away on October 16th. If you have ever worked with me, you’ve heard me talk about my Mom. So this isn’t new to you. But if you haven’t worked with me, I feel a need to tell you about the best Realtor I have ever known.
My Mom got her real estate license in 1976. She was raised in an era when she wanted to major in business at Oregon State, but as a woman she had to major in “Secretarial Sciences”. Seriously. But she had a head for business. She hung her license at Shelter Properties on Boones Ferry Rd in Lake Grove. There she got her feet on the ground and at one time, after listing an entire new subdivision, got chewed out for besting a more prominent agent, a bit of a diva, for beating her out with most new listings for the month.
She moved on to Professionals 100. In 1987, after the birth of my daughter, I was agonizing over having to put my baby into daycare 5 days a week. I had a back ground in sales. I had actually been a sales trainer for a health club organization. My Mom’s business was booming. She was the leading sales agent in the metro area for Great Western Savings and Loan. She was handling their foreclosure properties and she had just been handed about 20 properties to list and sell. She needed help. She called me up and asked if, perhaps, my husband would consider coming to work for her. My reaction? My husband, what about me? That’s when I started my real estate career. It was 33 years ago. I’ve never looked back.
At first, I was her assistant. As I gained experience, we became a team. Then, as she approached retirement, she became my assistant. It’s probably the best possible circumstance in which to be in this business. You see, real estate has a lot of moving parts. So many people are involved: the buyer, the seller, the inspector, the appraiser, the lender. This means that it’s complicated and no two transactions are the same. As Realtors, we need sounding boards, people we respect and rely on to help us navigate complex circumstances so that we can give our clients the best advice possible, for their benefit, not for out own.
About the time that my Mom retired, I met Linda. She and I have known each other for at least 15 years. She calls me, I call her, she filled that void that opened up when my Mom retired. I don’t know how anyone can be in this business without a confidant.
So yes, I’m grieving. But I’m grateful. How lucky am I to have had Mom who, along with giving me life and raising me, gave me a career?
Today I want to salute my Mom. Oh what a wonderful woman she was!
Last week in Lake Oswego the market kept chugging right along. We had 13 properties come onto the market, 38 received accepted offers and went into pending status, and 19 sold/closed sales.
See below for an explanation of the RMLS data
New on the market Oct 3-11, 2020
Address
Type
Price
BR
Baths
Sq Ft
344 Cervantes Circle
Condo
$223,000
2
1.5
921
668 McVey Ave #83
Condo
$259,000
2
1.5
992
34 Wheatherstone #17
Condo
$399,000
3
2.5
1692
17841 Westview Dr
Detached
$739,000
4
2
2448
4681 Trillium Woods
Attached
$749,000
3
2.5
2185
13903 Sundeleaf Dr
Detached
$750,000
4
2
2496
17421 Brookhurst Dr
Detached
$899,900
4
3.5
3756
27 Juarez St
Detached
$998,000
5
3.5
4889
1891 Palisades Lake Ct
Detached
$1,425,000
4
4.5
5389
1947 Summit Dr
Detached
$1,795,000
4
5.5
5570
907 Terrace Dr
Detached
$3,000,000
6
4.5+.5+.5
7296
1405 Country Commons
Detached
$3,150,000
5
4.5+.5
6522
3917 Southshore Blvd
Detached
$5,200,000
4
4.5+.5
5083
Pending sales Oct 3-11, 2020
Address
Type
Price
BR
Baths
Sq Ft
CDOM
72 Galen St
Condo
$182,500
1
1
690
3
92 Cervantes Circle
Condo
$205,000
2
1.5
912
36
15938 Quarry Rd A-6
Condo
$235,000
2
1
991
4
4 Touchstone #70
Condo
$245,000
3
2.5
1351
136
5225 Jean Rd #506
Condo
$255,000
2
2
1100
2
45 Eagle Crest Dr #401
Condo
$285,000
3
2
1348
40
4107 Jefferson Pkwy
Condo
$325,000
2
2.5
1507
32
15486 Brianne Ct
Attached
$375,000
2
2.5
1246
8
18275 Terry Ct
Detached
$459,900
3
1.5
1270
2
1001 Cedar St
Detached
$499,000
4
2.5
2572
28
5713 Kenny St
Detached
$499,900
3
2
1384
4
937 Country Club Rd
Detached
$503,500
2
1
1650
23
19167 Longfellow Ave
Detached
$525,000
3
2
1782
6
12 Saint Helens Circle
Detached
$525,000
3
2
1780
29
4862 Indian Creek Ct
Detached
$534,900
3
2
1390
4
86 Greenridge Ct
Attached
$597,000
4
3.5
2718
109
14863 Twin Fir Ct
Detached
$610,000
3
2
1648
77
1427 Aspen ST
Detached
$635,000
4
2
2319
15
4420 Galewood St
Detached
$649,000
3
2.5
2078
4
2165 Ridge Pointe Dr
Detached
$650,000
4
3
4749
5
312 4th St
Attached
$720,000
2
2.5
1713
3
300 4th St
Attached
$724,900
2
2.5
1731
59
4388 Snowbrush Ct
Detached
$799,000
5
4
3928
153
100 D Ave
Attached
$825,000
2
2.5
1847
29
2100 Summit Dr
Detached
$849,900
3
3
2358
5
345 E Ave
Detached
$899,000
3
2
1582
2
2885 Dellwood Dr
Detached
$924,900
4
3.5
3749
78
5690 Bay Creek Dr
Detached
$969,000
4
2.5
3268
4
5871 Ridgetop Ct
Detached
$975,000
4
2.5
3543
3
17641 Brookhurst Dr
Detached
$989,000
4
2.5
3470
5
2900 Upper Dr
Detached
$1,040,000
3
2
2272
28
2701 Glen Haven Rd
Detached
$1,085,000
3
2
3134
3
1507 Cedar ST
Detached
$1,099,900
3
2.5
2505
67
428 C Ave
Attached
$1,149,888
3
3
2607
12
18320 Meadowlark Ln
Detached
$1,577,000
4
4.5+.5
6054
159
1588 View Lake Ct
Detached
$1,995,000
4
2.5+.5
4429
4
19025 Hill Top Rd
Detached
$2,199,500
5
4.5
5366
215
15607 Village Dr
Detached
$2,589,000
5
3.5
5407
230
Sold/Closed sales Oct 3-11, 2020
Address
Type
List Price
Sold Price
Sq Ft
CDOM
90 Galen St
Condo
$149,900
$150,400
552
4
16200 Pacific Hwy #24
Condo
$357,900
$300,000
1,190
164
21 Britten Ct
Attached
$429,000
$445,000
1972
4
6136 Fernbrook Circle
Detached
$449,900
$482,500
1250
5
5767 Baliene St
Detached
$499,900
$514,900
1160
45
5907 Kenny St
Detached
$499,900
$530,000
1283
1
2823 Orchard Hill Pl
Detached
$550,000
$567,500
2302
4
2735 Greentree Rd
Detached
$579,900
$590,000
1616
7
620 Tippecanoe Ct
Detached
$649,900
$650,000
1718
9
875 Boca Ratan Dr
Detached
$749,000
$675,000
2502
24
4403 Oakridge Rd
Attached
$760,000
$719,000
2052
55
16419 Lexington Ct
Detached
$739,000
$725,000
2409
9
5269 Denton Dr
Detached
$940,000
$950,000
3173
3
1149 Cherry Ln
Detached
$1,050,000
$1,015
3231
12
408 Northshore Rd
Detached
$1,395,000
$1,325
3753
254
1318 Horseshoe Curve
Detached
$1,425,000
$1,425
3715
3
18147 Pilkington Rd
Detached
$1,796,000
$1,660
4636
15
305 Chandler PL
Detached
$2,850,000
$2,700
5334
43
757 Lake Shore Rd
Detached
$3,089,000
$2,995
4098
72
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.
Linda and I hope that you like the new look that the blotter has. We are pretty excited about it!
Last Week in Lake Oswego there were 15 new listings, 19 properties with accepted offers that went pending, and 26 closed sales.
See below for market details.
New on the Market Sept 21-27, 2020
Address
Type
Price
BR
Baths
Sq Ft
30 Oswego Summit
Condo
$198,500
1
1
700
668 McVey Ave #40
Condo
$249,900
1
1
636
181 Oswego Summit
Condo
$289,000
2
2
1383
5059 Foothills Dr E
Condo
$325,000
2
2
1097
5058 Foothills Dr H
Condo
$339,900
3
2
1252
4520 Lower Dr A1
Condo
$459,900
3
2.5
1750
3595 Tempest Dr
Detached
$615,000
3
2
2126
2734 Orchard Hill Ln
Detached
$699,000
4
3
2800
221 Hidalgo St
Detached
$710,000
3
2.5
2660
4113 Wood Hill Ct
Detached
$745,000
4
3
2810
5338 Royal Oaks Dr
Detached
$819,000
4
2.5
2720
18375 River Edge Ln
Detached
$1,185,000
4
2.5
3612
877 9th St
Detached
$1,450,000
3
2.5
2932
17495 Kelok Rd
Detached
$1,750,000
3
2.5
3282
13615 Knaus Rd
Detached
$1,995,000
4
3.5
4294
Pending Sept 21-27, 2020
Address
Type
Price
BR
Baths
Sq Ft
CDOM
90 Galen St
Condo
$149,900
1
1
552
4
320 Cervantes Circle 12B
Attached
$209,900
2
1
832
3
6930 Montauk Circle
Condo
$235,000
2
1
924
12
4632 Lower Dr
Condo
$275,000
2
1.5
1260
33
4340 Botticelli
Condo
$369,900
3
315
2285
160
4963 Suntree Ln
Detached
$529,900
2
2.5
1861
81
2305 Glen Haven Rd
Detached
$595,000
3
2
1593
2
5364 Rosewood St
Detached
$599,000
4
2.5
1980
15
5885 Dove Ct
Detached
$599,900
3
3
1795
7
14408 Orchard Springs Rd
Condo
$600,000
5
3
2158
3
25 Becket St
Detached
$650,000
5
3
3112
14
17226 Tualatin St
Detached
$695,000
4
2.5
1942
4
151 C Ave
Attached
$795,000
2
2.5
1934
30
5682 Charles Circle
Detached
$839,000
4
3
3052
3
5335 Westfield Ct
Detached
$889,900
4
2.5
3122
25
19245 Megly Ct
Detached
$899,000
5
3
3490
41
18140 Pioneer Ct
Detached
$964,900
4
3
2524
2
15650 Quarry Rd
Detached
$1,298,000
3
2.5
3126
14
800 Terrace Dr
Detached
$1,559,000
5
4.5
5359
160
Sold/Closed Sept 21-27, 2020
Address
Type
List Price
Sold Price
Sq Ft
CDOM
4 Touchstone #126
Condo
$210,000
$197,700
984
72
4 Touchstone #146
Condo
$244,900
$244,900
979
88
4000 Carman Dr E74
Condo
$229,900
$230,000
836
13
45 Eagle Crest Dr #402
Condo
$249,000
$249,000
768
7
3844 Botticelli St
Condo
$319,000
$305,000
1132
30
37 Greenridge Ct
Attached
$399,000
$355,000
1176
52
750 1st St A12
Condo
$379,000
$360,000
1350
24
1120 Boca Ratan Dr
Attached
$400,000
$410,000
1611
5
5168 Lakeview Blvd
Detached
$395,000
$415,000
960
4
6024 Fernbrook Circle
Detached
$494,900
$512,500
1616
2
12850 Alto Park Rd
Detached
$600,000
$600,000
1147
9
15601 Tanager Dr
Detached
$619,900
$625,000
2046
6
1280 Oak Terrace
Detached
$579,900
$635,000
1685
1
12401 Shelby Ct
Detached
$660,000
$680,000
2718
1
1953 Summit Dr
Detached
$889,000
$819,000
3312
47
17838 Lake Haven Dr
Detached
$839,900
$875,000
2214
3
3903 Tempest Dr
Detached
$899,000
$899,000
2557
14
47 Hillshire Dr
Detached
$1,085,000
$1,110,000
3324
6
5156 Dawn St
Detached
$1,150,000
$1,150,000
2413
15
16429 Bonaire Ave
Detached
$1,299,900
$1,250,000
2967
30
17171 Cedar Rd
Detached
$1,795,000
$1,500,000
3746
389
13888 Goodall Rd
Detached
$1,738,000
$1,738,000
4435
5
17322 Cedar Rd
Detached
$1,795,000
$1,810,000
3432
30
768 Berwick Ct
Detached
$2,150,000
$1,810,000
4127
19
931 Atwater Rd
Detached
$2695,000
$2,500,000
4127
19
910 Northshore Rd
Detached
$4,595,000
$4,350,000
5455
17
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.
Lake Oswego enjoys several really nice breakfast restaurants. The fresh pastries and fluffy omelets at La Provence are legendary. St. Honore opened next to Millennium Plaza Park recently, bringing amazing Croque Messieurs and Croque Madames (yum!), but these two fine establishments are now going to have some fierce competition. Babica Hen is in town.
Located next to Gubanc’s (at 15964 Boones Ferry Rd), it’s right in the heart of downtown Lake Grove.
The owner’s are the same people who own Gubanc’s, which is pretty much a restaurant institution here in LO. So it makes sense that they know what they’re doing. Whereas Gubanc’s is more of a lunch and dinner restaurant, Babica Hen specializes in breakfast with a few lunch options.
The menu is amazing. Le Waffle Lyonnaise (black forest ham, egg, arugula, and tarragon hollondaise), the Lemon Berry Crumble Waffle (Amaretto blueberries, lemon marscarpone, and brown sugar crumble), 3 different eggs Benedicts (tomato, smoked pork, and dungeness crab), prawns and polenta, and the well-named Iron Miner’s Breakfast (potato hash, eggs, roasted tomato, carmelized onion, cheddar, chorizo gravy, bacon AND maple sausage), are just a sampling. Seriously, the menu is huge and creative.
Prices are reasonable with waffles at $9, the Iron Miner’s Breakfast at $11, and the most expensive thing on the menu for $13 being Champagne Oysters (yes, this is what I had, fantastic).
Are you hungry yet?
I highly recommend giving Babica Hen a try. Be prepared to wait. The parking lot is pretty much packed, but the kitchen is efficient and service is quick. Last Sunday at 10am, my wait was about 15 minutes.
Hours are Tuesday thru Sunday from 7am to 3pm, closed on Mondays.
Happy New Year!
Activity is good with 7 New on the market, 8 Pending and 8 Sold during the last 7-day period in Lake Oswego.
You will notice, if you search for yourself, quite a few more that appear to be “New” on the market, but these are “refreshed” listings. Dianne and I like to present just the actually “New” properties coming on the market as reflected for you below.
Here are further details on last week’s Market Activity:
NEWLY LISTED (Dec 31, 2012-Jan 6, 2013)
Address
List Price
# Beds
# Baths
Total SF
Prop Type
86 KINGSGATE RD E201
$96,300.00
2
2
938
CONDO
47 EAGLE CREST DR #42
$104,500.00
2
1
932
CONDO
18275 PILKINGTON RD
$329,423.00
3
2
2088
DETACHD
1572 HIGHLAND DR
$334,500.00
3
2
1950
DETACHD
2390 GREENTREE RD
$429,000.00
3
2.1
2380
DETACHD
19310 RIVERWOOD LN Lt 9W
$639,900.00
5
4
3110
DETACHD
1972 CHERYL CT
$1,999,999.00
5
4.1
6952
DETACHD
PENDING SALES (Dec 31, 2012-Jan 6, 2013 2012)
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
4000 CARMAN DR #21
$94,500.00
2
2
885
CONDO
72
47 EAGLE CREST DR #C31
$99,000.00
2
1
1009
CONDO
88
5195 FIRWOOD RD
$196,000.00
3
2
1886
DETACHD
246
4231 WOODSIDE CIR
$267,500.00
3
2
1943
ATTACHD
174
6474 FROST ST
$304,900.00
4
2.1
2216
DETACHD
110
6450 FROST ST
$314,900.00
4
2.1
2216
DETACHD
111
4231 SUNSET DR
$369,900.00
3
2
2229
DETACHD
122
17002 CRESTVIEW DR
$395,000.00
3
2.1
2163
DETACHD
34
SOLD (Dec 31, 2012-Jan 6, 2013)
Address
O/Price
Close Price
# Beds
# Baths
Total SF
Prop Type
CDOM
6207 HARRINGTON AVE
$199,900.00
$211,000.00
3
1
960
DETACHD
3
18807 SW KRISTI WAY
$269,900.00
$248,000.00
3
1.1
1256
DETACHD
6
18444 TUALATA AVE
$299,000.00
$252,000.00
3
2
1192
DETACHD
206
1180 HALLINAN CIR
$325,000.00
$300,000.00
3
2
1590
DETACHD
0
5682 CHARLES CIR
$549,000.00
$529,000.00
4
2.1
3052
DETACHD
119
5047 WOODCREST LN 7east
$679,336.00
$698,690.00
4
3.1
3602
DETACHD
0
1655 EDGECLIFF TER
$1,175,000.00
$1,125,000.00
4
3.1
3416
DETACHD
182
18402 OLD RIVER LNDG
$1,695,000.00
$1,451,250.00
4
4.1
4547
DETACHD
504
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
Greetings to all of our loyal and new Property Blotter readers!
As we enter our 5th year of publishing this insiders’ look at the Lake Oswego community and Real Estate scenes, we want to take a moment to thank you so much for your interest and patronage through the years! Dianne and I are as committed as ever to bringing you the micro-focused real estate information you count on, and also the perspective of Lake Oswego as part of the larger Portland Metro Area from time to time. Context is good… at least we think so : )
We both specialize in Lake Oswego property, considering the time we’ve spent living and working here, and we both also have been working all over the Greater Portland Area for many, many years, so please remember us if you know someone who needs a really experienced and reliable Realtor for any property “selling or buying adventure” in this larger geographic area!
Though our lives have changed through the years, the Property Blotter has remained constant, and we hope that you enjoy it as much as we do. Recently we have made one BIG change, and that is that we are now working with Oregon First Real Estate Company! A change like this is the kind of thing that only occurs once in a very great while, and while we have been very pleased with our previous affiliation and will miss those with whom we’ve worked closely for some time, we are thrilled to be joining this vibrant, established local company with offices all over the Portland area and Vancouver!
Just for fun, I’ve pasted below our very first post from 2008, and after reading it, am feeling both nostalgic, and satisfied with the work we’ve committed ourselves to, and all we’ve accomplished with so many of you.
Happy New Year to each of you…. We toast YOU in 2013!
Welcome to the premier edition of the Property Blotter!
This blog is intended to be a fun and useful forum pertaining to real estate issues in the City of Lake Oswego. It will bring you information that directly reflects current market conditions.
It will also provide you with history of the area and insights into Lake Oswego’s vibrant community. You will find plenty of statistics and details about houses currently for sale and recently sold. You will also find neighborhood profiles and featured homes. And, yes, you’ll get commentary on local events and neighborhood happenings.
What you will not find is endless self-promotion and unneeded advertising. This is going to be a place to learn about Lake Oswego real estate and not a place that will waste your time. We don’t care for that sort of thing any more than you do.
And just who are we and why do we have any right to be doing this? We are Realtors who have each lived in Lake Oswego for some time and have been directly a part of this community. Between us we have 30 years of experience selling real estate in this fine community. Between us we have lived in Lake Oswego for 20 years. Our children have attended school here. We participated in sports here. We volunteered with local non-profits here. We know this town.
Lake Oswego is an amazing place to live. It is also seriously misunderstood. Yes, there are million-dollar homes in Lake Oswego. But more than money, Lake Oswego is a town that has people who care. It has always had great schools and so attracts families looking for excellent public schools. There are modest homes as well as lakeside estates.
If we are doing our job right, you’ll come away from this blog feeling like you know a bit more about what prices of homes are like, what is going on with local businesses, and what it is about LO that makes it a great place to live and to work. If you currently live here, you’ll know more about what your home may be worth. If you are thinking about moving here, you’ll know more about what to expect when you buy a home and what this community is like as a place to live.
So come along with us on this “blog-mobile”. It is going to be a great journey.
