Lake Oswego Real Estate Market Activity – September 8-14, 2008

Jantzen Island on Lake OswegoThe past week featured just a handful of closed sales, but a healthy number of homes went sale pending.

Perhaps the most notable news is the appearance of a, yes it’s not a typo, $19,500,000 listing off Northshore Blvd. It’s actually a private island, the 1930 Jantzen Island estate, with 6 tax lots, 5 and a half acres, and over 13,000 sq. ft. living space between the main house and the guest house.

In addition to the mortgage, you will also need to come up with $97,000 per year in property taxes. Plug THAT into your Quicken budget…

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

NEWLY LISTED (September 8-14, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4644 LOWER DR
$136,900
2
1.1
1,170
CONDO
9/10
45 EAGLE CREST DR
$139,900
1
1
600
CONDO
9/9
16651 LAKE FOREST BLVD
$237,700
3
1
1,230
DETACHD
9/11
1685 MAPLELEAF RD
$378,000
3
2
1,433
DETACHD
9/10
5254 TIMBERGROVE ST
$399,500
4
2
1,854
DETACHD
9/11
918 LAKE FRONT RD
$424,999
2
1
921
DETACHD
9/8
7210 CHILDS RD
$429,000
3
2
1,542
DETACHD
9/7
1650 FIRCREST DR
$439,000
4
3
2,268
DETACHD
9/11
5324 LOWER DR
$449,900
3
2.1
2,034
DETACHD
9/10
1630 WOODLAND TER
$479,900
4
2
2,755
DETACHD
9/11
4191 CHAPMAN WAY
$487,500
4
2.1
2,610
DETACHD
9/11
438 ASH ST
$499,000
4
3
1,871
DETACHD
9/10
13242 VERMEER DR
$535,000
3
2.1
2,100
DETACHD
9/11
1413 OAK ST
$548,500
3
3
2,424
DETACHD
9/10
1545 CLOVERLEAF RD
$568,840
4
3.1
2,723
DETACHD
9/7
16695 GLENWOOD CT
$595,000
4
3
3,104
DETACHD
9/9
17443 SCHALIT WAY
$599,950
5
4
3,525
DETACHD
9/8
7190 CHILDS RD
$625,000
3
3
2,316
DETACHD
9/7
625 4TH ST
$679,000
4
2
1,700
DETACHD
9/10
18020 JENIFERS WAY
$699,000
4
2.1
2,600
DETACHD
9/7
19524 RIVER RUN DR
$715,000
4
2.1
2,630
DETACHD
9/10
49 BRIARWOOD RD
$860,000
3
2
2,182
DETACHD
9/9
2886 UPPER DR
$899,900
3
3
2,674
DETACHD
9/13
4103 CASEY CT
$969,900
4
3.1
3,507
DETACHD
9/9
5525 RACHEL LN
$975,000
4
2.1
3,200
DETACHD
9/7
17997 BRAEDEN CT
$989,000
4
2.1
3,300
DETACHD
9/7
5513 RACHEL LN
$989,000
4
2.1
3,149
DETACHD
9/7
3140 DOUGLAS CIR
$1,429,900
4
3.1
4,310
DETACHD
9/13
1850 NORTHSHORE RD
$19,500,000
5
6.2
13,500
DETACHD
9/7

PENDING SALES (September 8-14, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
200 BURNHAM RD
$268,850
2
2
1,328
CONDO
355
82 GREENRIDGE CT
$269,900
3
2.1
2,868
ATTACHD
63
39 ORIOLE LN
$299,900
2
1.1
1,310
DETACHD
206
1764 CONIFER DR
$319,000
3
1
1,200
DETACHD
82
100 LEONARD ST
$350,000
2
2
1,320
CONDO
128
14300 CAMDEN LN
$480,000
4
2.1
2,346
DETACHD
162
5475 Willow Court
$495,000
3
2.1
2,438
ATTACHD
17577 BLUE HERON CT
$539,000
5
3
2,980
DETACHD
132
2435 PARK RD
$564,900
4
3
2,940
DETACHD
261
4102 CHAD DR
$673,850
4
2.1
3,054
DETACHD
103
569 7TH ST
$674,900
5
4
3,186
DETACHD
466
14027 CHELSEA DR
$699,000
4
2.1
3,092
DETACHD
301
1420 MORNING SKY CT
$929,000
4
3.1
3,578
DETACHD
50
14381 FOSBERG RD
$1,199,000
4
3.1
4,900
DETACHD
46
16852 ALDER CIR
$1,950,000
4
3.1
2,873
DETACHD
11

SOLD (September 1-7, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
915 OAK TER
$395,000
$350,000
3
1
1,082
DETACHD
18
2955 WEMBLEY PARK RD
$499,000
$385,000
4
2
2,620
DETACHD
140
1511 WOODLAND TER
$735,000
$435,000
5
2.1
3,439
DETACHD
744
14167 TAYLORS CREST LN
$767,500
$600,000
3
2.1
3,675
DETACHD
335
144 MIDDLECREST RD
$1,495,000
$792,450
3
2.1
4,392
DETACHD
512

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.

Lake Oswego Real Estate Market Results – September 1-7, 2008

Late summer real estate activity has picked up in Lake Oswego with 25 closed or pending sales in the past week. However, 42 new or relisted properties arrived on the scene to take their place.

As of September 8, over 750 Lake Oswego homes and condos are for sale in the multiple listing service.

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

NEWLY LISTED (September 1-7, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4000 CARMAN DR
$144,000
1
1
767
CONDO
9/5
4 CERVANTES CIR
$157,500
2
1.1
912
CONDO
9/4
62 CERVANTES CIR
$158,900
2
1.1
912
CONDO
9/2
1602 BONNIEBRAE DR
$240,000
2
1
864
ATTACHD
9/5
5057 FOOTHILLS DR
$292,700
3
2
1,252
CONDO
9/2
15 BRITTEN CT
$297,500
3
2.1
1,973
ATTACHD
9/3
1400 PARRISH ST
$299,999
3
2.1
1,880
CONDO
9/1
16584 ROOSEVELT AVE
$317,000
2
1
1,188
DETACHD
9/5
12866 BOONES FERRY RD
$339,900
2
2.1
1,136
ATTACHD
9/2
705 ELLIS AVE
$450,000
3
2.1
1,872
DETACHD
9/6
1043 HALLINAN ST
$479,900
4
2.1
2,484
DETACHD
9/3
16750 PHANTOM BLUFF CT
$485,000
3
3
2,267
DETACHD
9/1
107 3RD ST
$495,000
3
2
1,204
CONDO
9/2
13340 AUBURN CT
$495,000
3
2.1
2,451
ATTACHD
9/5
126 CONDOLEA DR
$499,000
3
3
2,664
CONDO
9/5
2084 RIDGEWOOD RD
$580,000
3
2.1
2,117
DETACHD
9/3
625 CLARA CT
$587,500
4
2.1
2,532
DETACHD
9/4
5947 MEADOWCREEK CT
$589,000
4
2.1
2,485
DETACHD
9/5
5492 YORKSHIRE PL
$599,999
3
2.1
2,515
DETACHD
9/5
14412 MEADOW GRASS ST
$600,000
4
2.1
3,563
DETACHD
9/5
624 LIVINGOOD LN
$619,900
4
3
2,596
DETACHD
9/5
125 3RD ST
$637,500
2
2
1,447
CONDO
9/1
14232 MEADOW GRASS ST
$639,950
4
3
2,965
DETACHD
9/6
3140 ROSEMARY LN
$649,900
3
2.1
3,000
DETACHD
9/1
6351 BURMA RD
$649,900
2
1
2,016
DETACHD
9/5
606 2ND ST
$650,000
4
3
3,022
DETACHD
9/1
5580 KILCHURN AVE
$699,000
4
2.1
2,286
DETACHD
9/4
364 NORTHSHORE RD
$724,900
2
2
2,220
DETACHD
9/7
30 WILBUR ST
$725,000
2
2.1
2,664
ATTACHD
9/4
15725 TARA PL
$749,000
3
2.1
3,331
DETACHD
9/6
114 3RD ST
$750,000
2
1
1,140
DETACHD
9/3
13719 ROGERS RD
$839,000
4
2.1
3,204
DETACHD
9/5
1864 CAMPUS WAY
$849,900
5
4
4,142
DETACHD
9/5
5501 RACHEL LN
$857,000
4
2.2
3,509
DETACHD
9/6
1100 UPPER DEVON LN
$885,000
2
3.1
3,672
DETACHD
9/5
17642 UPPER CHERRY LN
$1,399,000
3
3.1
4,296
DETACHD
9/2
17337 BERGIS FARM DR
$1,635,000
4
3.2
4,810
DETACHD
9/6
1968 GLENMORRIE LN
$1,895,000
5
4.1
4,968
DETACHD
9/4
16852 ALDER CIR
$1,950,000
4
3.1
2,873
DETACHD
9/1
2707 SOUTHSHORE BLVD
$1,989,000
3
3.1
3,200
DETACHD
9/5
13200 THOMA RD
$2,395,000
5
5.2
7,648
DETACHD
9/2
243 10TH ST
$2,495,000
5
4.2
5,644
DETACHD
9/5
2098 CREST DR
$5,900,000
5
5.1
7,847
DETACHD
9/2

PENDING SALES (September 1- 7, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
609 Ash ST
$349,900
4
2
2,192
DETACHD
205
5413 LANGFORD LN
$724,950
3
2.1
2,891
DETACHD
520
18281 WOOD THRUSH CIR
$448,500
4
2.1
2,296
DETACHD
102
1123 ERICKSON ST
$499,000
4
3
2,893
DETACHD
166
86 KINGSGATE RD
$169,000
2
2
924
CONDO
60
13268 DEERFIELD CT
$669,900
4
2.1
2,895
DETACHD
49
5207 ROSEWOOD ST
$374,500
3
2
1,438
DETACHD
119
13300 FOX RUN
$700,000
4
2.1
2,954
DETACHD
38
4729 CAMBRIDGE CT
$559,900
2
2.1
3,056
ATTACHD
140
5647 BAY CREEK DR
$665,000
5
2.1
3,000
DETACHD
15
5853 SOUTHWOOD DR
$649,900
5
2.1
3,707
DETACHD
314

SOLD (August 25 – 31, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
7200 MONTAUK CIR
$149,900
$145,000
2
1
968
CONDO
30
86 KINGSGATE RD
$159,900
$146,000
2
2
849
CONDO
65
47 EAGLE CREST DR
$149,900
$149,900
2
1
932
CONDO
37
48 EAGLE CREST DR
$324,900
$220,000
2
2
1,495
CONDO
199
750 1ST ST
$239,000
$225,000
2
2
1,350
CONDO
85
18341 SW FERNBROOK CT
$488,000
$342,000
4
2
1,872
DETACHD
457
441 9TH ST
$499,900
$430,000
3
2
2,408
DETACHD
108
1338 LAUREL ST
$588,800
$530,000
3
2.1
2,212
DETACHD
42
557 MIDDLECREST RD
$599,900
$549,900
2
1.1
1,521
DETACHD
113
5017 HARTFORD PL
$699,000
$655,000
3
3.1
3,259
DETACHD
49
544 9TH ST
$699,000
$699,000
3
3
2,088
DETACHD
2
18036 SKYLAND CIR
$925,000
$754,000
3
2.1
3,000
DETACHD
142
17538 BROOKHURST DR
$1,450,000
$1,475,000
4
5.1
5,451
DETACHD
132
1673 CHERRY LN
$2,350,000
$1,995,000
4
4.3
5,732
DETACHD
126

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.

Lake Oswego Real Estate Market Activity – August 18-24, 2008

The pace of sales appears to be tailing off over the past few weeks, a normal occurrence as the summer winds down. Interestingly, some of the steep price discounts we’ve seen over the past several weeks are minimal this week.

A quick note about New Listings: For now, we will be unable to link you to the property details on the areshome.com site as we have in past weeks. We are looking for a suitable solution to link you to the listing details and hope to resume that feature soon.

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

NEWLY LISTED (August 18 – 24, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
7202 MONTAUK CIR
$124,900
2
1
968
CONDO
8/19
45 EAGLE CREST DR
$171,111
2
2
1,046
CONDO
8/18
245 CERVANTES
$187,000
2
2
1,292
ATTACHD
8/18
5059 FOOTHILLS DR
$279,000
2
2
1,031
CONDO
8/17
39 ORIOLE LN
$299,900
2
1.1
1,310
DETACHD
8/18
18307 LONGFELLOW AVE
$359,900
3
2
1,457
DETACHD
8/22
15256 BOONES WAY
$369,900
2
2.1
1,600
ATTACHD
8/21
4980 GALEN ST
$378,500
2
2.1
1,552
ATTACHD
8/17
4664 SW FIRWOOD RD
$399,000
3
2
1,640
DETACHD
8/19
7050 CHILDS RD
$429,000
2
2
1,693
DETACHD
8/22
4984 BILFORD LN
$450,000
3
2.1
1,963
DETACHD
8/17
1830 SW CLOVERLEAF RD
$495,500
5
2
1,795
DETACHD
8/17
960 9TH ST
$499,900
3
1
1,429
DETACHD
8/17
252 NORTHSHORE RD
$499,900
3
1
1,440
DETACHD
8/19
111 3RD ST
$499,900
2
2
1,206
CONDO
8/20
855 7TH ST
$499,999
4
1
1,392
DETACHD
8/17
16919 LAKERIDGE DR
$509,000
4
3
2,710
DETACHD
8/18
2360 GREENTREE RD
$559,995
3
2.1
2,207
DETACHD
8/18
17445 LAKE HAVEN DR
$579,900
4
3
2,949
DETACHD
8/19
3368 SOUTHSHORE BLVD
$615,000
5
2
2,160
DETACHD
8/21
2981 VALE CT
$639,000
4
2.1
3,516
DETACHD
8/22
5853 SOUTHWOOD DR
$649,900
5
2.1
3,707
DETACHD
8/18
5647 BAY CREEK DR
$665,000
5
2.1
3,000
DETACHD
8/17
1708 OAK ST
$799,000
4
2.1
3,450
DETACHD
8/19
524 WEIDMAN CT
$799,000
4
2.1
3,449
DETACHD
8/20
4118 GLACIER LILY ST
$799,990
4
3.1
4,452
DETACHD
8/20
13719 ROGERS RD
$849,000
4
2.1
3,204
DETACHD
8/17
426 7TH ST
$925,000
4
2.1
2,902
DETACHD
8/22
4378 ALBERT CIR
$995,000
3
3
3,735
DETACHD
8/20
17878 HILLSIDE DR
$995,000
5
3
3,462
DETACHD
8/17
4256 LAKEVIEW BLVD
$995,000
3
3.1
3,117
DETACHD
8/19
163 IRON MOUNTAIN BLVD
$998,000
3
1.1
1,968
DETACHD
8/20
4349 LAKEVIEW BLVD
$998,000
4
3
3,678
DETACHD
8/18
17257 BRYANT RD
$1,169,900
5
3.2
4,789
DETACHD
8/18

PENDING SALES (August 18 – 24, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
820 BOCA RATAN DR
$326,900
3
3.1
2,220
DETACHD
10
14480 CAMDEN LN
$499,500
3
2.1
1,944
DETACHD
71
17944 RIDGE LAKE DR
$525,000
4
2.1
2,525
DETACHD
55
539 2ND ST
$543,600
2
2
1,339
CONDO
532
27 BECKET ST
$579,900
3
2
2,615
DETACHD
356
1670 PINE ST
$700,000
4
4
3,286
DETACHD
413
5287 LANGFORD LN
$718,950
3
2.1
2,951
DETACHD
452

SOLD (August 11 – 17, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
100 KERR PKWY
$105,000
$102,500
1
1
617
CONDO
42
1543 BONNIEBRAE DR
$270,000
$249,500
3
1.1
1,303
ATTACHD
100
15950 SW PARKER RD
$449,000
$380,000
3
1
924
DETACHD
263
4160 CHAPMAN WAY
$399,900
$395,000
3
2
1,545
DETACHD
9
18321 WOOD THRUSH CIR
$449,900
$435,000
3
2.1
2,052
DETACHD
28
3815 Southshore BLVD
$539,000
$529,900
4
2
2,638
DETACHD
25
14121 GABRIELLE CT
$698,500
$680,000
4
2.1
3,015
DETACHD
24
55 NORTHSHORE RD
$699,000
$695,000
3
2
2,750
CONDO
16
539 10TH ST
$1,495,000
$1,150,000
4
4.2
4,356
DETACHD
214

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.