Market Activity Sept 29-Oct 5, 2014

After a bit of a dip with the start of school, last week’s activity picked up again. We had 17 new listings, 19 pending sales, and 25 closed/sold properties. Those are strong numbers as we head into fall.

Following is the breakdown according to RMLS:

New on Market (Sept 29-Oct 5, 2014)

Address Type Price BR Bths SF
48 Eagle Crest Dr 2C Condo $150,000 3 2 1623
15220 Boones Way 1C Condo $173,500 2 2 1266
16442 Kimball St Detached $350,000 3 1 1200
1812 Fernwood Dr Detached $369,000 3 1.5 1401
5959 Dove Ct Detached $379,900 2 2 1552
5185 Carman Dr Detached $389,000 3 1.5 1848
1878 Mapleleaf Rd Detached $399,900 3 1.5 1347
4670 Lower Dr Detached $414,900 3 2.5 1587
17749 Leafy Ln Detached $624,900 4 3 3300
1890 Crest Dr Detached $769,000 3 2.5 2782
5055 Lakeview Blvd Detached $890,000 4 3.5 3498
18400 Delenka Ln Detached $929,555 5 3.5 5183
1471 Woodland Terr Detached $959,000 5 4.5 5362
17540 Ridgeview Ln Detached $1,255,000 4 3.5 4345
635 Iron Mountain Blvd Detached $1,599,000 6 3.5 4736
420 Ridgeway Rd Detached $2,299,000 4 4 3202

Pending Sales (Sept 29-Oct 5, 2014)

Address Type Price BR Baths SF DOM
45 Eagle Crest Dr #218 Condo $135,000 1 1 768 142
5530 Bonita Rd Detached $269,900 3 1.5 1200 32
8 Britten Ct Attached $274,900 2 2 1175 4
5665 Washington Ct Detached $324,000 3 2 1928 101
6262 Wayzatqa Ct Detached $328,950 3 1.5 1276 15
27 Oriole Ln Detached $425,500 4 2.5 1851 6
137 Kingsgate Rd Detached $446,000 3 2.5 2372 2
15480 Heritage Ct Detached $469,900 4 2.5 2432 2
17554 Blue Heron Way Detached $475,000 4 3 2000 0
1001 Bullock St Detached $475,000 3 2 2008 50
1110 Hallinan Circle Detached $479,000 4 3.5 3824 286
2425 Glen Haven Rd Detached $499,900 4 2.5 2231 3
5440 Bay Creek Dr Detached $529,900 3 2.5 2442 74
24 Morningview Circle Detached $535,000 4 3.5 2817 13
17941 Meadowlark Ln Detached $575,000 4 3.5 3905 24
16342 Ivy Ln Detached $669,900 5 3.5 4645 57
754 5th St Detached $755,000 3 3 2179 30
14144 Goodall Rd Detached $765,000 4 3 3499 298
2031 Lilli Ln Detached $779,995 3 3.5 3418 14

SOLD (Sept 29-Oct 5, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4000 Carman Dr #28 Condo $144,000 $142,000 884 25
5225 Jean Rd #605 Condo $199,900 $195,000 1400 32
5061 Foothills Dr G Condo $199,900 $198,500 991 7
1531 Cedar St Detached $264,900 $250,000 832 18
1018 Spruce St Detached $279,000 $272,425 906 2
432 5th ST #1 Condo $299,000 $275,000 1092 57
4271 Woodside Circle Attached $360,000 $340,000 2126 360
16 Polonius St Detached $434,900 $394,500 2588 147
13371 Peters Rd Detached $430,000 $397,600 2340 62
2944 Dellwood Dr Detached $425,000 $405,000 2152 73
529 2nd St Condo $450,000 $437,500 1339 75
32 Northview Ct Attached $475,000 $442,000 3063 117
2 Morningview Circle Detached $489,000 $450,000 2954 89
1023 Gans St Detached $495,000 $455,000 2770 3
1638 Pine St Detached $494,000 $479,000 3160 222
16901 Lakeridge Dr Detached $545,000 $486,500 2080 3
2195 Glenmorrie Ln Detached $535,000 $511,000 2461 104
4250 Haven St Detached $499,900 $525,000 1924 1
100 D Ave E Attached $539,000 $540,000 1847 7
1936 Palisades Lake Ct Detached $699,000 $640,000 3939 65
18020 Skyland Circle Detached $823,500 $775,000 3210 43
17643 Kelok Rd Detached $1,198,000 $932,500 2390 92
19363 Riverwood Ln Detached $719,000 $940,000 2984 783
744 9th St Detached $1,239,000 $1,142,058 4255 46
616 Cabana Ln Detached $2,895,000 $2,550,000 3800 39

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 August 25-31, 2014

Here is your Latest Market Data: last week in Lake Oswego we saw 13 New properties enter the market, 15 move to Pending status, and 17 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Aug 25-31, 2014)

Address Type Price BR Bths SF
48 Eagle Crest Dr 1C Condo $169,950 2 2 1370
5061 Foothills Dr G Condo $199,900 2 2 991
5058 Foothills Dr A Condo $239,900 2 2 1252
18963 Longfellow Ave Detached $325,000 3 1.5 1232
4631 Wildwood St Detached $399,900 3 2 1650
17688 Cardinal Ct Detached $459,000 3 3 1970
3 Bolivar St Detached $524,900 4 3.5 4782
768 Berwick Ct Detached $549,900 3 2 1731
1210 Wells St Detached $750,000 3 3.5 4494
4090 Westbay Rd Detached $765,000 3 2 2078
63 Nansen Summit Detached $899,900 4 3.5 3202
16650 Fir Ln Detached $1,279,000 4 3.5 3860
17344 Cedar Rd Detached $1,325,000 5 2.5 2831

Pending (Aug 25-31, 2014)

Address Type Price BR Baths SF DOM
366 Cervantes Circle 14-C Condo $136,500 2 1 832 2
6360 McEwan Rd Detached $265,500 3 1.5 1450 83
466 5th St #14 Condo $310,000 2 1.5 1092 27
23 Falstaff ST Detached $329,500 3 2 1434 53
475 8th St Detached $375,000 3 1 960 0
562 2nd St Condo $379,900 2 2.5 1302 177
17211 Robb Pl Detached $439,000 3 2 2085 68
2195 Glenmorrie Ln Detached $521,900 3 2 2461 102
4311 Orchard Way Detached $525,000 4 2.5 3010 227
11 Juarez St Detached $550,000 4 2.5 2551 91
33 Morningview Circle Detached $550,000 3 2.5 2737 123
17641 Brookhurst Dr Detached $659,000 4 2.5 3386 34
551 2nd St Condo $660,000 2 2 1631 74
3894 Tamarack Ln Detached $825,000 4 3.5 4035 20
1400 Ridgecrest Dr Detached $1,649,500 4 4 3859 15

Sold/Closed (Aug 25-31, 2014)

Address Type List Price Closed Price Sq Ft CDOM
100 Kerr Parkway #54 Condo $89,900 $86,900 617 2
5720 Kenny St Detached $299,900 $270,000 1416 64
14360 Uplands Dr Detached $468,000 $275,000 2943 483
16200 Pacific Hwy #15 Condo $279,900 $275,000 1,200 6
3009 Wembley Park Rd Detached $365,000 $375,000 1763 3
50 Condolea Ct Condo $425,000 $398,000 2760 85
15115 Twin Fir Rd Detached $409,900 $400,000 1392 160
15422 Partridge Dr Detached $420,000 $405,000 2580 49
4908 Mulholland Dr Attached $439,000 $429,000 2498 8
54 Aquinas St Detached $499,900 $495,000 2632 90
828 5th St Detached $550,000 $535,000 1884 10
1611 Highland Dr Detached $549,000 $549,000 2,675 14
14564 Kruse Oaks Blvd Detached $689,900 $674,250 3001 10
2479 Marylview Ct Detached $769,000 $756,675 3832 18
1603 Bay View Ln Detached $849,000 $775,000 3650 57
5347 Denton Dr Detached $785,000 $779,000 3240 1

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

Sunday Open Houses, Oct 6th

Here are the houses scheduled to be held open on Sunday, October 6th. Enjoy

Address Price Type Bedroom Bath Open
143 Oswego Summit $146,000 Condo 2 2 2 to 4
4 Touchstone #62 $159,500 Condo 3 2.5 1 to 3
6397 McEwan Rd $295,000 Detached 3 2 1 to 3
1602 Greentree Rd $399,950 Detached 4 2 2 to 4
87 Ash St $429,900 Detached 3 2 1 to 3
2727 Glen Haven Rd $449,900 Detached 3 2 12 to 3
1730 Yarmouth Circle $454,500 Detached 2 2 1 to 3
18321 Wood Thrush Circle $458,500 Detached 3 2.5 1 to 3
16838 Wight Ln $469,500 Detached 4 2.5 2 to 4
17125 Fernwood Dr $478,000 Detached 3 3 1 to 3
1287 Rockinghorse Ln $479,000 Detached 3 2 1 to 3
17730 Marylbrook Dr $479,000 Detached 4 2.5 2 to 4
6 Hillshire Dr $499,000 Detached 5 3 1 to 4
1448 Cedar St $499,000 Detached 4 3 1 to 3
15677 Fieldstone Dr $546,500 Detached 3 2.5 1 to 3
17973 Saint Clair Dr $565,000 Detached 4 3 1 to 3
5555 Fieldstone Ct $579,500 Detached 3 2.5 1 to 3
14 Del Prado St $599,999 Detached 5 3.5 2 to 4
18343 Anduin Terrace $614,900 Detached 4 2.5 2 to 4
19524 River Run Dr $618,950 Detached 4 2.5 1 to 3
621 Country Club Rd $625,000 Detached 4 2.5 1 to 4
14920 Twin Fir Rd $649,000 Detached 3 1.5 1 to 4
3752 Tempest Dr $659,000 Detached 5 2.5 2 to 4
5267 Lakeview Blvd $674,900 Detached 4 3.5 10 to 1
13374 Hidden Bay Ct $699,000 Detached 4 2.5 1 to 3
1273 Wells St $829,000 Detached 4 3 12 to 2
16671 Fir Ln $845,000 Detached 3 3.5 12 to 3
17641 Cardinal Dr $899,000 Detached 4 3 1 to 4
18187 Siena Dr $938,950 Detached 4 3.5 1 to 4
735 7th St $939,000 Detached 3 3.5 1 to 4
13537 Fielding Rd $995,000 Detached 4 3.5 1 to 3
752 E Ave $998,500 Detached 3 3 10 to 2
13310 Atwater Ln $1,295,000 Detached 5 4 3 to 5
67 Nansen Summit $1,500,000 Detached 6 4 1 to 4

Featured Property: Jantzen Island

Jantzen Island 1One of the most famous homes in Lake Oswego has recently come under new ownership. Jantzen Island was built in 1930 by swim wear pioneer Carl Jantzen. Legend has it that he would hold swim wear fashion shows on the lake with pyramids of models water skiing in the latest summer styles.

The home is on the National Register of Historic Places. The original 10,000 square foot house was designed by Charles Ertz and the boat house was designed by Richard Sundeleaf.

Jantzen Island 2What makes the property truly special, besides the historic nature of the buildings, is that it is the only private island on the lake. With 5 acres and a stone bridge as the only access, it is an estate without compare.

Here is a brief history:

Jantzen Island 3Early History Settlers call the place Crazy Man’s Island for its mute, hermit resident.

1929 Swimwear pioneer Carl Jantzen purchases the island from Oregon Iron & Steel.

1930 Jantzen hires architect Charles Ertz to design the English Tudor style main house and Richard Sundeleaf to design the boat house.

1952 Harry Coffey, an insurance agent, buys the estate.

1956 Carl and Virginia Halvorson (a land developer who was behind developing Mountain Park) purchase the estate and become its longest-staying owners. They lived on the island for 3 decades, which is why the island is also known as Halvorson Island.

1987 Jerry Stubblefield, the founder of Avia footwear, buys the estate for $2.2 million. Stubblefield remodels and builds a 3,000 square foot guest house.

2008 Right after the turn in the market, Mr. Stubblefield lists the island for sale at $19.5 million. It does not sell.

2009 Chris Dudley, a former Trail Blazer as well as gubernatorial candidate, makes a $3.75 million loan to Stubblefield. Terms of the loan are not met and Dudley forecloses.

2012 The island is purchased by Rick and Erica Miller. Rick Miller is the chairman of Avamere Group, a health care company for seniors citizens with locations throughout Oregon and Colorado.

Jantzen Island 4As is often the case with homes that go through foreclosure, the Millers acquired a house with deferred maintenance. Since moving in, they have done extensive repairs and remodeling. They just recently obtained approval to build a tram to the lake with a 720 square foot cabana. They are also building a guard tower at the bridge entrance, which had been part of the properties original design.

This house does not change hands often, so getting a glimpse of it through photos is a bit of an opportunity. I hope you enjoy learning the history of the home and the chance to catch up on its current status.
Dianne

Photos courtesy of oregonlive.com