Hmmmmmm…. Not to bum you California readers out, but this is a pretty dreary week in Lake Oswego! I so often hear from family and friends in California though, that they really LOVE rain, and I can relate. Nothing better than to curl up with a book (or a laptop) by a fire near a window with a nice view & hear the rain on the roof. Lots of coffee shops prosper here for the same reason.
We have yet to see what the weather is going to look like this winter. I hear that at the recent “weather conference” held here in Lake Oswego, experts were torn over whether we would be having a relatively dry season, or even MORE snow than we had last year…. quite a gap in understanding among experts… (any readers who attended this conference or who would like to chime in are welcome!).
Lake Oswego turns 100!
Well, we are only 99 right now, but Lake Oswego is turning 100 in 2010. Already planning is underway for a “year-long celebration” that will kick off in January with a film at the Lakewood Center giving an overview of the city’s history and unveiling the “Lake Oswego Building Blocks” display; a visual history of 20 of the city’s neighborhoods which will remain on display throughout the year.
There will also be a scavenger hunt that will begin after the kick-off and last thru March (!!!) with clues given each week via he Lake Oswego Review and the city’s official website.
For more info or to get involved, contact Kern-Schilling at 503-675-3983, attend a community meeting at 5:30 p.m. Nov. 5 at the West End Building or visit the Web site www.lakeoswego100.com later this month.
City Revisits “Affordable Housing”
There was an interesting article in the Lake Oswego Review about a week ago that highlighted some citizens’ work toward ensuring that in particular seniors, but also lower income families and individuals, have access to affordable housing. Paul Lyons, along with Ralph Tahran have been meeting with City Counselor Roger Hennigan and other interested parties. Mr. Lyons led a discussion at a recent city council meeting. He pointed out that the planning department is undergoing a periodic review of the Comprehensive Plan, and is hopeful that this is a good time to reintroduce this discussion which was sidelined in 2005. Here is a link to the article for anyone interested: Affordable Housing The article has generated lively debate in Lake Oswego.
Market Action Report
It is almost time for the October Market Action Report to be released by RMLS. I think it is interesting to note that there has been a new column added to the Residential Market Highlights and the Area Report called “Total Market Time”. This is an average of the cumulative number of days a property has been truly on the market. This time does not reset unless a property has been off the market for more than 30 days, and this statistic is evidently calculated for listings that sell in the month and year-to-date time periods that apply to any issue of Market Action. You know that Dianne and I have often mentioned the confusion that sometimes results from how “Days on Market” are shown when a property relists but is really not a new listing, and so I am glad to see this change in the Market Action Report which will more accurately reflect a property’s actual time on the market before sale.
The last time I posted our market activity report we had a comment that the numbers seemed pretty balanced, and for the last couple of months I think that has been true. I think that for the most part when houses come onto the market, home sellers are fully aware that they need to be priced right. That has lead to fairly strong sales. Again this week, we had 11 houses come onto the market and 11 houses go pending. The closed sales were just 5, so that is not as strong. But my sense is that the market is moving pretty well as long as prices reflect what a buyer considers to be a good value.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Nov 2—Nov.8, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
4000 CARMAN DR
$145,000
2
2
869
CONDO
11/6/2009
15200 BOONES WAY
$175,000
2
1.1
1,248
CONDO
11/4/2009
3365 UPPER DR
$329,900
2
2
1,378
DETACHD
11/6/2009
505 8TH ST
$389,000
3
1
1,050
DETACHD
11/6/2009
1720 MAPLELEAF RD
$449,000
3
2
1,529
DETACHD
11/5/2009
13448 AUBURN CT
$474,900
3
2.1
2,535
ATTACHD
11/3/2009
4040 VIRGINIA WAY
$524,900
3
2.1
2,623
DETACHD
11/6/2009
33 MORNINGVIEW CIR
$574,900
3
2.1
2,737
DETACHD
11/2/2009
5322 ROSALIA WAY
799999
4
2.1
3,500
DETACHD
11/3/2009
17370 CANYON DR
849900
4
3.1
3,408
DETACHD
11/5/2009
17384 BERGIS FARM DR
1295000
5
4.1
5,012
DETACHD
11/4/2009
PENDING SALES (Nov 2 -Nov. 8, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
4 TOUCHSTONE CT
$109,900
3
2.1
1,350
CONDO
371
14 POLONIUS ST
$300,000
4
3
2,754
DETACHD
254
161 C AVE
$449,900
2
2.1
1,719
ATTACHD
215
4311 ORCHARD WAY
$544,900
4
2.1
3,082
DETACHD
54
5 GARIBALDI ST
$574,800
4
3.1
3,250
DETACHD
8
4688 CHELSEA LN
$649,900
4
2.1
3,493
DETACHD
9
279 EVERGREEN RD
$674,500
3
3.1
2,136
ATTACHD
129
19463 LORNA LN
$805,000
4
3.1
4,024
DETACHD
21
827 8TH ST
$898,000
5
3.1
3,852
DETACHD
38
577 MIDDLECREST RD
$999,900
4
2.1
2,000
DETACHD
504
753 LAKESHORE RD
$1,385,000
3
3.1
2,562
DETACHD
51
SOLD (Nov 2-Nov. 8, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
4 TOUCHSTONE
$119,900
$115,000
2
2
984
CONDO
43
15450 SW KIMBALL CT
$299,000
$233,000
4
1.1
1,104
DETACHD
344
5554 ROYAL OAKS DR
$399,885
$385,000
3
2
1,861
DETACHD
2
1531 WOODLAND TER
$414,000
$408,500
3
2.1
1,895
DETACHD
139
4691 CHELSEA LN
$629,900
$530,000
4
2.1
3,102
DETACHD
585
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.
Last week brought us 14 new listings, 7 pending sales, and 13 closed sales.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Oct. 5—Oct.11, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
99 OSWEGO SMT
$144,900
2
0.1
1,116
CONDO
10/7/2009
36 OSWEGO SMT
$179,900
2
2
1,140
CONDO
10/11/2009
550 S STATE ST
$210,000
2
1
920
CONDO
10/7/2009
7 PEACOCK PL
$289,950
3
2.1
1,400
DETACHD
10/8/2009
1284 HIDE A WAY LN
$369,900
4
3
1,931
DETACHD
10/5/2009
461 COUNTRY CLUB RD
$395,000
2
1
1,498
DETACHD
10/5/2009
1640 WORTHINGTON ST
$398,000
4
3
2,394
DETACHD
10/8/2009
119 3RD ST
$429,900
3
2
1,204
CONDO
10/11/2009
6666 CHILDS RD
489900
3
1
2,034
DETACHD
10/5/2009
1575 IVY CT
515000
4
3
2,432
DETACHD
10/10/2009
275 EVERGREEN RD
600000
3
3.1
1,731
ATTACHD
10/6/2009
13888 SHIREVA DR
650000
5
3
3,756
DETACHD
10/7/2009
540 C AVE
849000
3
3.1
3,539
ATTACHD
10/9/2009
13100 BOONES FERRY RD
950000
3
2.1
3,210
DETACHD
10/9/2009
PENDING SALES (Oct. 5 -Oct. 11, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
Close Price
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
7202 SW MONTAUK CIR
$99,000
2
1
968
CONDO
74
578 S STATE
$149,900
2
1
914
CONDO
343
4105 DOUGLAS WAY
$266,000
7
2.1
2,856
DETACHD
501
3480 DEVONSHIRE DR
$272,500
2
2.1
1,649
ATTACHD
112
4330 COUNTRY WOODS CT
$280,000
3
1
1,200
DETACHD
86
18179 SW PILKINGTON RD
$299,900
3
2
1,300
DETACHD
5
17518 REDFERN AVE
$449,500
3
2
1,831
DETACHD
459
SOLD (Oct 5.-Oct. 11, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
668 MCVEY AVE
$179,850
$145,000
2
1.1
976
CONDO
1022
15868 PARKER RD
$187,500
$150,000
2
1
780
DETACHD
168
166 OSWEGO SMT
$229,900
$199,000
2
2
1,506
CONDO
180
3290 WEMBLEY PARK RD
$309,900
$282,000
5
3
2,614
DETACHD
29
45 TANGLEWOOD DR
$399,999
$305,550
5
3.1
3,166
DETACHD
165
5037 CENTERWOOD ST
$379,000
$330,000
3
1.1
1,340
DETACHD
98
16953 KARA LN
$409,900
$415,000
4
2.1
2,614
DETACHD
10
17473 REDFERN AVE
$719,950
$575,000
4
2.1
3,052
DETACHD
105
7 CELLINI CT
659000
644000
5
3.1
3,560
DETACHD
10
1670 VILLAGE PARK LN
779000
759500
4
2.1
3,466
DETACHD
53
5250 DAWN AVE
1095900
840000
4
3.1
4,333
DETACHD
836
1755 SOUTHSHORE BLVD
949000
850000
5
3.1
4,757
DETACHD
104
785 7TH ST
1290000
1100000
4
3.1
4,043
DETACHD
1327
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.
Tax Credit ~ The First-Time Home-Buyers’ $8,000. Tax Credit is, of course, the talk of the town (the nation, actually). It is acknowledged that it is and has been helpful in spurring the real estate market (activity in related price ranges is steady if not occasionally feverish… especially lately!) There is much talk about extending the deadline from the current November 30th date to an as-yet-undetermined date in 2010. While it is generally agreed that the housing market is turning the corner, and a large part of this growth is related to the tax credit, there is also concern being expressed about dispersing more government money in light of recent history. So… nothing is decided as of now. There are talks about plans to:
Extend it to all home-buyers,
Not extend it at all,
Increase it to $15,000.,
Extend it and keep the terms the same,
Offer it only to service members who have been out of the country,
Etc.
The important thing to remember if you are a first-time home-buyer, or care about one, is that right now there is an opportunity to get an $8,000. tax credit. That means real money coming to you when you file for 2009. We do NOT know how the debate will play out regarding extending or not extending it… AND right now there is still time to take advantage of it, but you must act now.
Oil Tanks (Reminder & Update) ~ The standards for levels of contaminants are under review. In particular, ethyl benzene and naphthalene have been changed to a “carcinogenic” classification, and therefore cleanup requirements are also changing. There is now concern over the possibility of fumes potentially penetrating a home from underground & causing harm. Remember, if you have an oil tank underground on your property that has not been decommissioned, or if you are a Buyer considering a property with one: Underground oil tanks have a life of approximately 40 years. After that, they leak… and what they leak is toxic. Homeowners can be held liable for damage to soil from leaking tanks, and therefore, proper soil testing and decommissioning through a DEQ-certified environmental service is the wise choice. If you are a Seller in this situation, I would highly recommend just doing this now and getting it out of the way. It makes your home more attractive to potential Buyers, removes an objection, and protects you and the environment at the same time.
Loans ~ There are truly all kinds of loans out there right now for all kinds of Buyers. FHA loans are a current favorite, and the FHA 203 (b) is a little easier to qualify for than most conventional loans these days. There are also “Flex” loans for teachers (administrators & school nurses can also apply!), police, and firefighters. Other than the FHA loan I mentioned, you usually want a credit score of 640 or higher, and for all of them you’ll need 3 to 3.5% down. Talk to your favorite mortgage broker for more information, or give me a call and I can refer you to some great resources.
Homes on Slopes ~ Some precautions, in light of current information gained from recent slides in Portland, Lake Oswego and surrounding areas are worth noting:
At no point should drain water be discharged onto slopes in an uncontrolled manner. Investigate energy dissipation devices to prevent erosion at discharge points.
Make sure that any fill used on the slope is “engineer-fill”. Not all fill is able to handle the specialized drainage requirements of sloped properties.
Make sure gutters remain clear in order to prevent over-saturation in areas not able to handle runoff.
Keep drainage ditches or berms clear during the rainy season so that they do not direct water into areas where erosion & damage may occur.
Keep drain inlets, outlets and weep holes at foundation, retaining walls, driveways etc clean at all times. Remove debris to prevent clogging.
Notice any wet spots on the property. This may indicate either natural seepage, or leaking water or sewer line problems. Seek professional advice immediately.
Regularly check irrigation systems. Drip systems are preferred on hillsides.
Make sure roof drainage is not connected to a subsurface disposal system unless it has been approved by a geotechnical engineer.
Keep water from accumulating next to foundations, retaining walls or basements.
Guard against over-saturation on the hillside, as once this has occurred, damage can result very quickly and without warning.
Last week brought 17 new listings onto the market, 17 pending sales, and 9 closed sales. Of note, at least to me, is that 2 of the closed sales were condos in the 555 building on Second Street. That development is high-end condos that are all on one-level and accessed by elevators. They are ideal for someone downsizing out of their big house for retirement. It’s a great location that is walking distance to downtown, the farmer’s market, the library, and the Adult Community Center. I think the condo market has taken a worse beating in this downturn than the single family residential market. So it’s good to see a couple of these high-end condos selling.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Sept. 21—27, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
47 EAGLE CREST DR
$119,900
2
1
932
CONDO
9/25/2009
3930 LAKE GROVE AVE
$144,900
2
1
952
CONDO
9/26/2009
15 OSWEGO SMT
$169,900
2
2
1,212
CONDO
9/24/2009
18462 DON LEE WAY
$239,500
4
2
1,904
DETACHD
9/22/2009
5056 FOOTHILLS DR
$299,900
2
2
1,252
CONDO
9/21/2009
1709 ASPEN CT
$317,000
3
2
1,561
DETACHD
9/23/2009
18620 INDIAN CREEK DR
$424,000
3
2
2,046
DETACHD
9/23/2009
1790 YARMOUTH CIR
$424,995
2
2
1,473
DETACHD
9/21/2009
4 ICARUS LOOP
$449,000
4
2.1
2,743
DETACHD
9/27/2009
17336 HUNTER CT
$549,900
3
2.1
3,004
DETACHD
9/24/2009
1060 UPPER DEVON LN
$674,900
3
2.1
2,460
DETACHD
9/23/2009
5124 ROSEWOOD ST
$685,950
5
3.1
3,510
DETACHD
9/23/2009
18096 PILKINGTON RD
$749,000
4
2.1
3,200
DETACHD
9/23/2009
467 9th ST
$775,000
3
2.1
2,700
DETACHD
9/25/2009
453 9th ST
$775,000
3
2.1
2,700
DETACHD
9/25/2009
2445 GLENMORRIE DR
$1,495,000
4
5
4,663
DETACHD
9/22/2009
1870 TWIN POINTS RD
$2,200,000
4
3
4,448
DETACHD
9/22/2009
PENDING SALES (Sept 21 -27, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
Close Price
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
340 CERVANTES CIR
$110,000
2
1.1
912
CONDO
122
32 OSWEGO SMT
$124,900
1
1
752
CONDO
497
86 KINGSGATE RD
$138,000
2
2
924
CONDO
172
45 EAGLE CREST DR
$139,900
1
1
768
CONDO
125
73 OSWEGO SMT
$164,900
2
2
1,212
CONDO
409
458 STATE ST
$199,900
2
1
800
CONDO
122
195 OSWEGO SMT
$219,900
2
2
1,506
CONDO
343
16651 LAKE FOREST BLVD
$239,900
3
1
1,230
DETACHD
237
16650 Fir LN
$325,000
3
2
1,384
DETACHD
20
2961 DELLWOOD DR
$350,000
3
3
2,476
DETACHD
192
17622 BROOKHURST DR
$350,000
4
2.1
2,909
DETACHD
429
627 1ST ST
$399,000
2
2
2,090
DETACHD
241
1531 WOODLAND TER
$414,000
3
2.1
1,895
DETACHD
139
13531 FIELDING RD
$650,000
4
3.1
4,629
DETACHD
463
5329 Langford LN
$719,000
3
2.1
2,962
DETACHD
302
1708 VILLAGE PARK LN
$899,000
4
2.1
3,211
DETACHD
13
17211 KELOK RD
$1,399,000
3
3.1
5,384
DETACHD
112
SOLD (Sept 21-27, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
17928 ROYAL CT
$299,900
$267,250
3
2
1,272
DETACHD
111
4 WHEATHERSTONE
$334,950
$330,000
3
2.1
1,692
CONDO
86
126 CONDOLEA DR
$549,000
$391,500
3
3
2,664
CONDO
680
559 2ND ST
$665,115
$580,000
2
2
1,529
CONDO
923
20 DA VINCI ST
$599,900
$585,000
5
3
3,089
DETACHD
25
575 2ND ST
$832,200
$592,300
2
2.1
1,752
CONDO
887
100 GARIBALDI ST
$1,349,900
$925,000
5
3.2
4,669
DETACHD
334
1149 LAKESHORE RD
$1,295,000
$1,115,000
4
2.1
2,660
DETACHD
143
128 NORTHSHORE CIR
$1,799,000
1290000
3
3.1
3,550
DETACHD
764
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.
You know, Dianne and I talk about this a lot, but I think it bears mentioning at this crucial moment when we have so little time before the $8,000. tax credit incentive has timed out (it expires on December 1st… that means that any transaction where there is the intention of taking advantage of this needs to close by November 30th). What is it that Dianne and I harp on so often that comes into play here? I’ll tell you- it’s “affordable homes in Lake Oswego”. You know, the kind that many first time home buyers would be interested in… homes under, let’s say, $350,000… Homes in a great school district, in a community where all types of individuals tend to participate and make their voices heard, where there are farmers markets, art festivals, music in the park, great shops & services, where families are valued and supported with programs and activities specific to those needs… and on & on. Here is a link to the city’s website if you’d like to find out more: http://www.ci.oswego.or.us/
I think that Lake Oswego, as Dianne has pointed out time & time again, is sometimes overlooked by first-time home buyers due to a perception that they just would not be able to afford a home in L.O. Now… each individual circumstance is of course different, but if you can qualify for any number of the great lender programs that I know are out there now, and are looking for a home under $350,000., according to RMLS there happen to be at this moment, today, 53 Detached Homes available in Lake Oswego… and the bottom end is $199,000. In addition, there are 129 Condos & Townhomes available right now under $350,000… and the bottom end there is at $89,800.
If this is sparking some thinking on your part about looking into this idea for yourself, or someone you know, please do not wait to get going. Talk to your Realtor, or give Dianne or myself a call *today* if you are not already working with a Realtor. This is not me pushing here, I am talking about the chance of a lifetime in prices, rates, and this $8,000. tax credit, and this is the moment. Here are a few reasons why:
Now, more than ever, it is important to have a good understanding of the timelines involved in purchasing a home… especially if you want to take advantage of the first-time home buyer tax credit: Fact: The average timeline from when you find a property until it closes is 30-45 days. Fact: You will need some time to find the property that you wish to buy. (Some buyers find their home right away, and some need more time.) Fact: The week before November 30th is Thanksgiving! Many banks and title companies are traditionally closed for the last 3 days of that week. Fact: November 30th is the Monday following the typical 3 day bank shutdowns. Fact: There will surely be many, many buyers who will wait until the last minute to start looking for homes. This means that November 30th is sure to be an extremely busy day and many banks and title companies will not be equipped to handle all of the expected volume. Fact: As more buyers start to frantically hit the market to take advantage of the tax credit, the selection of properties is sure to decrease. Fact: Waiting too long is a gamble you should not take if you are truly interested. The best strategy is to work with a professional who has a great team and can develop a plan with you to hit the deadline.
Ok, I’ll get off my soapbox now : ) I’ve at least done my part in getting the word out.
Happy house-hunting! Please feel free to give me or Dianne a call if you’d like to get going. We are really enjoying working with as many of you as possible to ensure that you get to take advantage of this great opportunity.
Last week brought us 21 new listings, 8 pending sales, and 10 closed sales. Please let Linda or I know if you would like any further information about any of these houses. It is both easy and no trouble to send you information. We are here to be of help.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (September 7—September 13, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
100 KERR PKWY
$99,990
1
1
775
CONDO
9/11/2009
4 TOUCHSTONE
$119,900
2
2
984
CONDO
9/9/2009
1547 BOCA RATAN DR
$219,900
2
1.1
1,008
ATTACHD
9/9/2009
16250 PACIFIC HWY
$229,900
3
2
1,626
CONDO
9/8/2009
15 BLOCH TER
$294,900
3
2.1
1,973
ATTACHD
9/10/2009
6015 FERNBROOK CIR
$324,900
3
1.1
1,250
DETACHD
9/10/2009
1723 CONIFER DR
$324,950
3
2
1,602
DETACHD
9/10/2009
15930 WALUGA DR
$329,000
3
1.1
1,040
DETACHD
9/10/2009
17752 SCHALIT WAY
329900
3
2
1,463
DETACHD
9/9/2009
15 ORIOLE LN
345000
2
2
1,470
DETACHD
9/13/2009
1255 BAYBERRY RD
390000
3
2
1,901
DETACHD
9/8/2009
18 ABELARD ST
462000
4
3
2,101
DETACHD
9/11/2009
7 CELLINI CT
659000
5
3.1
3,560
DETACHD
9/10/2009
371 6TH ST
699900
3
3.1
2,258
ATTACHD
9/13/2009
2630 RIVENDELL RD
769900
4
3.1
4,611
DETACHD
9/9/2009
2235 GLEN HAVEN RD
779000
5
2
2,778
DETACHD
9/12/2009
1708 VILLAGE PARK LN
899000
4
2.1
3,211
DETACHD
9/11/2009
2757 LAKEVIEW BLVD
960000
4
3
3,321
DETACHD
9/9/2009
507 ASH ST
988000
2
3
2,700
DETACHD
9/8/2009
19575 35TH CT
1495000 – 1575000
4
3
6,081
DETACHD
9/10/2009
961 TERRACE DR
3495000
4
4.2
5,795
DETACHD
9/7/2009
PENDING SALES (September 7 -September 13, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
CDOM
3688 SPRING LN
$164,500
2
2
1,120
CONDO
6/19/2009
81
166 OSWEGO SMT
$210,000
2
2
1,506
CONDO
3/13/2009
180
839 F AVE
$325,000
3
1
1,516
DETACHD
4/17/2009
147
891 G AVE
$419,000
5
2.1
2,420
DETACHD
6/11/2009
88
5044 GREENSBOROUGH CT
$449,000
3
2.1
2,124
DETACHD
7/25/2009
49
1670 VILLAGE PARK LN
$779,000
4
2.1
3,466
DETACHD
7/17/2009
53
2304 OSWEGO GLEN CT
$850,000
4
2.1
3,896
DETACHD
8/15/2009
247
17960 SARAH HILL LN
$1,079,000
5
3.1
4,800
DETACHD
4/1/2009
163
SOLD (September 7-September 13, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
1057 C AVE
$295,000
$250,000
2
1
1,048
DETACHD
81
800 WOODWAY CT
$339,000
$322,000
4
3
2,066
DETACHD
107
13024 ROGERS RD
$389,900
$327,000
4
1
1,826
DETACHD
83
6 NORTHVIEW CT
$525,000
$450,000
4
3.1
3,188
ATTACHD
115
13500 TWIN CREEK LN
$572,500
$517,500
4
2.1
3,049
DETACHD
77
5831 SUNCREEK DR
$685,000
$620,000
4
2.1
2,733
DETACHD
27
4305 UPPER DR
$749,000
$700,000
4
2.1
3,474
DETACHD
78
14135 EDENBERRY DR
$799,900
$744,000
4
2.1
3,174
DETACHD
98
3270 LAKEVIEW BLVD
1399000
1125000
3
3
3,295
DETACHD
147
13770 CAMEO CT
2298000
1700000
4
5.1
6,669
DETACHD
198
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.
There are 41 great properties to see on Sunday in Lake Oswego. No matter what price level or type of home you are looking for, you will be sure to find some fun options on the list below! Enjoy a beautiful Sunday!
Here are those that will be held open according to RMLS:
100 Kerr Pkwy #35 $97,900 1 Bd, 1 Ba Open 1:30-3:30
45 Eagle Crest Dr #315 $134,900 2 Bd, 1 1/2 Ba Open 1-3
4465 Golden Ln $275,000 2 Bd, 2 1/2 Ba Open 1-4
5094 Galen St $299,999 3 Bd, 2 1/2 Ba Open 1-3
18543 Longfellow Ave $317,500 3 Bd, 1 1/2 Ba Open 2-4
800 Woodway Ct $339,000 4 Bd, 3 Ba Open 2-4
1685 Mapleleaf Rd $365,000 3 Bd, 2 Ba Open 1-4
17311 Ashley Ct $385,000 4 Bd, 2 1/2 Ba Open 12-2
3009 Wembley Park Rd $395,000 3 Bd, 1 1/2 Ba Open 1-3
3 Cellini Ct $449,000 4 Bd 2 1/2 Ba Open 2-4
41 Hillshire Dr $498,500 4 Bd, 3 Ba Open 1:30-3:30
17088 Rebecca Ln $499,000 4 Bd, 3 Ba Open 1:30-3:30
3745 Tempest Dr $499,900 4 Bd, 3 Ba Open 1-3
161 C Ave $524,900 2 Bd, 2 1/2 Ba Open 1-4
17445 Lake Haven Dr $539,900 4 Bd, 3 Ba Open 1-4
624 Livingood Ln $549,000 4 Bd, 3 Ba Open 1-4
4114 Glacier Lily St $579,000 4 Bd, 2 1/2 Ba Open 12-2
16920 Greentree Ave $579,000 4 Bd, 2 1/2 Ba Open 1-3
400 Lake Bay Ct $579,900 3 Bd, 2 1/2 Ba Open 1-3
952 A Ave $599,000 3 Bd, 2 Ba Open 1-3
364 Northshore Rd $674,900 4 Bd, 2 Ba Open 1-3
580 Weidman Ct $695,000 5 Bd, 3 1/2 Ba Open 1-3
13768 Knaus Rd $699,000 3 Bd, 2 Ba Open 1:30-3
4076 Orchard Dr $719,000 4 Bd, 3 1/2 Ba Open 2-4
2688 Rivendell Rd $835,000 4 Bd, 3 Ba Open 1-3
511 6th St $928,950 5 Bd, 3 1/2 Ba Open 2:30-4:30
17211 Blue Heron Rd $939,900 3 Bd, 2 1/2 Ba Open 3-5
1785 Palisades Terrace Dr $960,000 5 Bd, 4 1/2 Ba Open 1-3
17878 Hillside Dr $970,000 5 Bd, 3 Ba Open 1-4
301 Iron Mountain Blvd $999,000 4 Bd, 3 1/2 Ba Open 1-3
943 SW Atwater Rd $999,500 4 Bd, 2 1/2 Ba Open 1-3
577 Middlecrest Rd $1,045,000 4 Bd, 2 1/2 Ba Open 1-3
17512 Greenbluff Dr $1,074,900 4 Bd, 4 Ba Open 1-4
18106 Pilkington Rd $1,095,000 4 Bd, 4 1/2 Ba Open 12-2
17464 Ridgeview Ln $1,298,950 4 Bd, 3 1/2 Ba Open 2-4
622 Oak Meadow Dr $1,325,000 4 Bd 3 1/2 Ba Open 2-4
664 Oak Meadow Dr $1,355,000 4 Bd, 3 1/2 Ba Open 2-4
657 Oak Meadow Dr $1,395,000 4 Bd, 3 1/2 Ba Open 2-4
17364 Ridgeview Ct $1,425,000 4 Bd, 3 1/2 Ba Open 2-4
17433 Ridgeview Ln $1,495,000 4 Bd, 4 1/2 Ba Open 2-4
17554 Greenbluff Dr $1,499,900 4 Bd, 4 & 2 1/2 Ba Open 1-4
You know, Dianne and I talk about this a lot, but I think it bears mentioning at this crucial moment when we have so little time before the $8,000. tax credit incentive has timed out (it expires on December 1st… that means that any transaction where there is the intention of taking advantage of this needs to close by November 30th). What is it that Dianne and I harp on so often that comes into play here? I’ll tell you- it’s “affordable homes in Lake Oswego”. You know, the kind that many first time home buyers would be interested in… homes under, let’s say, $350,000… Homes in a great school district, in a community where all types of individuals tend to participate and make their voices heard, where there are farmers markets, art festivals, music in the park, great shops & services, where families are valued and supported with programs and activities specific to those needs… and on & on. Here is a link to the city’s website if you’d like to find out more: