Dianne Gregoire – Page 20 – Property Blotter

August 12, 2022

Market Activity Aug 1-7, 2022

The numbers between new listings, pending sales, and sold properties remains fairly balanced, although slightly slower than the last time I did this report. In Lake Oswego last week we had 23 new listings, 5 of which sold quickly and are represented in this report as pending, 18 pending sales, and 13 closed listings.

For most of my real estate career market time has been 45-60 days. Pending sales last week averaged 25 days. That is healthy. Perhaps we are returning to historic normal?

See below for RMLS details

New Listings Aug 1-7, 2022

Address	Type	Price	BR	Bath	Sq Feet
122 Oswego Summit	Condo	$235,000	1	1	764
200 Burnham Rd #405	Condo	$380,000	2	2	1328
16074 Lake Forest Blvd	Detached	$599,950	3	2	1354
19211 Indian Springs Rd	Detached	$825,000	4	2	2132
17615 Bryant Rd	Detached	$825,000	4	2	2110
5557 Langford Ln	Detached	$889,000	2	2	1539
17095 Rebecca Ln	Detached	$925,000	3	3	2379
4264 Harvey Way	Detached	$925,000	4	3	2728
327 3rd St	Attached	$999,000	3	3.5	2123
63 Garibaldi St	Detached	$1,450,000	3	3.5	4200
542 4th St	Attached	$1,549,000	4	4.5+.5	3376
1991 Ridgewood Rd	Detached	$1,550,000	4	2.5+.5	4993
17527 Kelok Rd	Detached	$2,150,000	3	3	4664
4956 Park Bluff Pl	Detached	$2,395,000	4	3.5	4074
4938 Park Bluff Pl	Detached	$2,495,000	4	4.5	4046
929 Cumberland Rd	Detached	$2,800,000	5	6.5	5095
13068 Knaus Rd	Detached	$3,289,000	5	5.5+.5+.5	6512
445 Northshore Rd	Detached	$3,499,000	3	3.5	3066

Pending Sales Aug 1-7, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #77	Condo	$245,000	3	2.5	1351	8
4061 Jefferson Pkwy	Condo	$358,000	2	2.5	1462	152
4300 Botticelli St	Attached	$374,900	2	2.5	1721	42
5055 Foothills Dr G	Condo	$429,900	$3	2	1252	2
5054 Foothills Dr 70F	Condo	$475,000	2	2	1252	24
5 Partridge Ln	Detached	$699,000	3	2.5	2794	25
439 Livingood Ln	Detached	$814,000	3	2.5	2540	6
4618 Auburn Ln	Attached	$895,000	3	3.5	2732	3
39 Tanglewood Dr	Detached	$899,000	4	3	3167	4
19 Touchstone	Detached	$899,000	4	3	2789	2
2 Yorick	Detached	$975,000	4	3.5	2979	3
346 Lake Bay Ct	Detached	$1,075,000	4	2.5	1900	3
4745 Dogwood Dr	Detached	$1,125,000	4	2.5	3887	23
3151 Alber Spring Ct	Detached	$1,375,000	5	3.5	3917	1
100 Leonard St 4-2	Condo	$1,395,000	3	2.5	3137	68
5014 Upper Dr	Detached	$1,399,000	5	3	3416	22
767 10th St	Detached	$2,000,000	4	4.5	3900	50
162 Berwick Rd	Detached	$3,295,000	4	4.5	4657	6

Sold/Closed Aug 1-7, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
3652 Spring Ln	Condo	$369,000	$369,000	1117	11
5225 Jean Rd #207	Condo	$410,000	$385,000	1415	3
17 Da Vinci	Detached	$550,000	$614,000	1876	5
100 Leonard St 3-4	Condo	$699,000	$695,000	1736	9
342 Livingood Ln	Detached	$738,000	$738,000	2,384	5
13 Masaryk St	Detached	$799,000	$790,000	2219	5
5115 Firwood Rd	Detached	$849,000	$815,000	1660	25
4973 Parkhill St	Detached	$925,000	$900,000	2230	23
139 Del Prado St	Detached	$1,150,000	$1,132,500	2955	4
1535 Pine St	Detached	$1,150,000	$1,150,000	2390	7
1736 Palisades Terrace Dr	Detached	$1,150,000	$1,150,000	3079	30
15868 Parker Rd	Detached	$2,100,000	$2,085,000	3679	30
17210 Cedar Rd	Detached	$2,785,000	$2,775,000	3548	7

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.

July 30, 2022

A Bit About Lake Easements

With the hot weather that we are experiencing, I thought it would be helpful to remind readers about gaining access to the lake via easements.

There are 3 types of lake easements: the Lake Oswego swim park, the Lake Grove swim park, and the individual easements enjoyed by private homes.

The Lake Oswego Swim Park

Located at 250 Ridgeway Rd, this park is open during the 2022 season from July 1 to August 28. It is available for use by any resident within the city limits of Lake Oswego. The park is paid for with tax dollars and there is not a charge for its use once proof of residency is provided. There are life guards on duty and an assortment of water toys to enjoy.

Lake Grove Swim Park

Located at 3800 Lakeview Blvd, this swim park is open for the 2022 season from June 11 to August 21st. This park is owned and operated by the Lake Oswego School District. All students within the the LOSD have free use of the park and access to swimming lessons. If you are not a student within the district, then your eligibility to use the park requires that you live within the boundaries of the old Lake Grove School District. This district was absorbed into the LOSD when the two school districts merged in 1953.

Private Swim Easements

Private swim easements were developed many years ago. Basically a developer of a neighborhood would buy a lot on the lake and deed it to the homes within the neighborhood. There are approximately 3000 houses in Lake Oswego that have access to these easements. Because the easements were developed many years go, the easements mostly benefit older homes. However, when an old house is torn down and a new house is built, the easement goes to the new house. So there are newer homes that do have easements.

The amenities at the easements very quite a lot. There is an easement that is only about 20 feet wide and just consists of a sloping lawn down to the lake. No picnic tables, no amenities at all. Then there are huge easements with boat slips, canoe racks. picnic tables, water toys and all sorts of fun stuff.

If your house has easement eligibility, you need to join the easement. There is an annual fee. The easements are mostly gated and locked. You gain access by joining. These easements are privately run and have their own unique rules and by-laws.

There is usually a waiting list for boat slips and canoe storage. Remember too that you can not put anything in the water without getting it approved and licensed by the Lake Corporation. For information, and to see if your house or possible future house has any private easement privileges, click here.

I do want to acknowledge that there is currently a law suite happening that challenges the private status of the Oswego Lake. It’s been winding its way through courts for years. It also experienced a significant set back a couple of weeks ago when the presiding judge had to step down. This will not be resolved quickly. If the lake is made public, I doubt it will change the status of any of the easements. What will change is that the lake will be available to the public. That access is pretty limited even if it happens because there simply aren’t many spots that the public could get access. I also think that the Lake Corporation would likely still require registration and licensing of boats, canoes, and other water flotation devices.

Hopefully you are staying cool. There’s lots of summer left, perhaps you’ll find time to take a dip in the Lake.

Dianne

July 29, 2022

Market Activity Report July 18-24, 2022

The real estate market in Lake Oswego last week continued to be well balanced between buyers and sellers. There were 18 properties that came onto the market, 3 of which sold so fast that in this report they are part of the pending properties. 21 properties went pending and 16 sold/closed.

Surprisingly, interest rates actually went down slightly after the Federal Reserve raised the prime lending rate by .75%. Mortgage rates are influenced by the prime lending rate but not completely dictated. Other forces have impact as well. The drop in mortgage rates was a refection of factors such as investors taking money out of the stock market and putting it into safer investments like mortgage bonds. This growing demand leads to lower rates.

See below for further RMLS data.

New Listings July 18-24, 2022

Address	Type	Price	BR	Bath	Sq Feet
168 Oswego Summit	Condo	$330,000	2	2	1383
668 McVey Ave #83	Condo	$480,000	2	1.5	992
66 Wheatherstone #35	Condo	$599,900	4	3.5	2465
5429 Kenny St	Detached	$715,000	3	2	1584
3585 Lake Grove Ave	Detached	$820,000	4	2	1575
1714 Greentree Rd	Detached	$900,000	4	3	3110
63 Touchstone	Detached	$925,000	4	3	3088
860 Lake Forest Dr	Detached	$998,000	5	2.5	2025
3460 Lake Grove Ave	Detached	$1,395,000	3	2	1673
11 Nansen Summit	Detached	$1,495,000	4	4.5	4955
178 Pine Valley Rd	Detached	$1,850,000	5	3.5	3001
1250 SW Englewood Rd	Detached	$2,499,000	3	3.5	5097
1901 Childs Rd	Detached	$3,400,000	5	3	3516
13777 Cameo Ct	Detached	$4,198,000	5	5.5	7300
1901 Childs Rd	Detached	$4,800,000	5	3	3516

Pending Sales July 18-24, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4000 Carman Dr D51	Condo	$314,900	2	2	885	7
3652 Spring Ln	Condo	$369,000	2	2	1117	11
13880 Sundeleaf	Detached	$425,000	2	1	1048	3
4405 Thunder Vista Ln	Condo	$445,500	2	2.5	1922	56
17 Da Vinci	Detached	$550,000	3	2	1876	5
5970 Kennycroft Way	Detached	$599,900	3	2	1212	81
1765 Conifer Dr	Detached	$749,000	4	2	2334	16
2020 Wembley Park Rd	Detached	$775,000	3	2	1712	4
2062 Cedar Ct	Detached	$785,000	3	2	1800	1
5480 Burma Rd	Detached	$829,000	4	2	1632	22
5115 Firwood Rd	Detached	$849,000	3	2.5	1660	25
19 Touchstone	Detached	$899,000	4	3	2789	1
4121 Wolf Berry Ct	Detached	$975,000	3	2.5	2654	4
18100 Bryant Rd	Detached	$990,000	3	1.5	1425	13
19330 River Run Rd	Detached	$995,000	4	4	3955	18
347 6th St	Attached	$1,050,000	3	3.5	2360	3
1455 Nelson Ct	Detached	$1,149,000	4	2.5	2210	14
13330 Hidden Bay Ct	Detached	$1,149,000	4	2.5	3057	1
4996 Cascara Ln	Detached	$1,195,000	3	2.5	3106	25
754 5th St	Detached	$1,298,000	3	3	2179	7
732 2nd St	Detached	$2,299,000	4	3.5	3547	32

Sold/Closed July 18-24, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
45 Eagle Crest Dr #504	Condo	$240,000	$230,000	768	19
4000 Carman Dr #40	Condo	$300,000	$350,000	906	10
16300 Reese Rd	Detached	$675,000	$593,000	2100	8
17188 Rebecca Ln	Detached	$690,000	$705,000	1930	4
980 Lund St	Detached	$725,000	$715,000	1,833	14
5497 Willow Ct	Attached	$775,000	$725,000	2427	56
14251 Camden Ln	Detached	$719,000	$735,000	2179	2
3 Beckket St	Detached	$775,000	$765,000	4285	18
21 Touchstone	Detached	$959,900	$835,000	1918	45
2291 Wembley Park Rd	Detached	$999,500	$964,000	2150	11
5322 Carman Grove Ln	Detached	$1,200,000	$1,050,000	2647	22
13 Buckingham Terrace	Detached	$999,990	$1,162,000	2946	4
16219 White Oaks Dr	Detached	$1,200,000	$1,200,000	2862	0
568 Weidman Ct	Detached	$1,275,000	$1,275,000	3702	3
5455 Childs Rd	Detached	$2,395,000	$2,195,000	3870	28
688 6th St	Detached	$1,940,000	$2,300,000	2939	27

July 16, 2022

Market Activity July 4-10, 2022

Doing the market activity report for last week makes me feel like the market is very balanced. The volume of sales is very much like it was the last time that I did this report with nearly identical volumes of new listings, pending sales, and closed sales. This is a good environment for both buying and selling.

Last week in Lake Oswego there were 18 new listing that includes four that went into pending status that same week. There were 16 pending sales and 16 closed sales. As I said, very balanced.

See below for RMLS data.

New on the Market July 4-10, 2022

Address	Type	Price	BR	Bath	Sq Feet
47 Eagle Crest Dr #53	Condo	$299,000	3	1	1024
3652 Spring Ln	Condo	$369,000	2	2	1117
4 Wheatherstone	Condo	$535,000	3	2.5	1692
15450 Stephanie Ct	Attached	$580,000	3	2.5	1662
15 Masaryk St	Detached	$675,000	4	3	3864
5757 Washington Ct	Detached	$695,000	4	1.5	1508
5 Partridge Ln	Detached	$799,000	3	2.5	2794
1765 Conifer Dr	Detached	$785,000	4	2	2335
18100 Bryant Rd	Detached	$990,000	3	1.5	1425
16 El Greco St	Detached	$1,035,000	4	2.5	2696
1775 Overlook Ln	Detached	$1,100,000	4	2.5	3198
1455 Nelson Ct	Detached	$1,149,000	4	2.5	2210
12943 SW Elk Rock Rd	Detached	$2,095,000	5	3.5	3537
15800 Oswego Shore Ct	Detached	$2,495,000	4	3.5	3995

Pending Sales July 4-10, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone Dr #150	Condo	$237,000	2	2	984	152
44 Eagle Crest Dr	Condo	$299,000	3	2	1085	1
4000 Carman Dr #35	Condo	$300,000	2	2	869	5
1444 Laurel St	Detached	$515,000	2	1	900	1
4363 Woodside Circle	Attached	$581,950	3	2	1532	63
4268 Woodside Circle	Attached	$589,900	4	2	1944	17
16300 Reese Rd	Detached	$675,000	2	2	2100	8
2736 SW Orchard Hill Pl	Detached	$749,000	3	2.5	2556	4
700 Livingood Ln	Detached	$799,950	4	2.5	2692	9
23 Da Vinci St	Detached	$839,900	3	2.5	2063	3
4973 Sierra Vista Dr	Detached	$998,900	4	2.5	2810	2
17865 Sarah Hill Ln	Detached	$1,099,950	4	2.5	2871	72
1839 Palisades Lake Ct	Detached	$1,500,000	4	3.5	4570	21
688 6th St	Detached	$1,995,500	4	2.5	2939	27
5455 Childs Rd	Detached	$2,195,000	4	3.5	3870	28
4973 Parkhill St	Detached	$925,000	4	3	2230	23

Sold/Closed July 4-10, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
668 McVey Ave #77	Condo	$275,000	$281,000	485	4
4 Touchstone #124	Condo	$245,000	$320,000	1351	45
1700 Yarmouth Circle	Detached	$725,000	$712,250	1477	7
1797 Fern Pl	Detached	$714,900	$730,000	1727	23
639 1st St	Attached	$749,900	$749,900	1,391	9
5339 Amberwood Ct	Detached	$613,645	$913,645	2943	0
5499 Royal Oaks Dr	Detached	$786,000	$950,000	1817	3
659 Livingood Ln	Detached	$899,000	$952,507	2692	9
10 Morningview Ln	Detached	$1,049,900	$1,049,900	3848	11
17953 Saint Clair Dr	Detached	$1,299,900	$1,225,000	5438	21
927 Oak St	Detached	$1,330,000	$1,400,000	2864	2
4015 Canal Woods Ct	Detached	$1,295,000	$1,450,000	3721	5
1281 Tyndall Ct	Detached	$1,674,000	$1,717,000	4049	3
642 8th St	Detached	$1,995,000	$1,995,000	3293	3
3015 Wembley Park Rd	Detached	$3,500,000	$3,000,000	5211	50
1475 Chandler Rd	Detached	$3,495,000	$3,450,000	4863	3

July 13, 2022

LO’s Amazing Library

I want to take this opportunity to brag about the Lake Oswego Library. It is rare for a day to go by where I am not benefiting from one of its many services.

My primary use of the library is checking out audio books. I just love to listen to books. They are generally read by the author (Bruce Springsteen’s autobiography) or by professional voice actors. Roy Dotrice, the voice actor who reads The Game of Thrones, has created 100’s of voices for George RR Martin’s novels. You know by the voice intonation and accent who is talking. It’s truly an art form that I have come to just love.

Of course, there are 1000’s of books in paper format to check out. In addition, there is a huge selection of DVD and Blue Ray Movies.

The Library of Things

In addition of books and movies, there is also a Library of Things. You can check out kitchen tools (seasonal cake pans, etc), sewing machines, party supplies (karaoke machines, etc), games, recreation supplies, telescopes, just lots of great stuff.

Lake Oswego Reads

This is a city-wide reading event held each winter. A group of citizens, including high-school students, chooses a book. Hundreds of books are distributed for free. City-wide events are held to show case themes in the book, and, usually, the author gives a talk. The books are always terrific and participating in the events is a nice enhancement to the reading experience.

Cultural Pass

Finally, I want to let you know about the Cultural Pass that you can obtain on-line to gain free access to some of the area’s most popular places to visit. Simply go on-line and make your reservation. You can then print it off or download it to your mobile device. These passes will give you free access to these locations:

Crystal Springs Rhodendron Garden (family of 4)
Evergreen Aviation Museum (2 people)
Gilbert House Children’s Museum (equal number of adults to children)
Lan Su Chinese Garden (2 people)
Oregon Garden (2 adults + 4 children)
Oregon Historical Society (2 people)
Oregon State Parks (1 vehicle)
Pittock Mansion (2 adults + children from the same household)
Portland Japanese Garden (2 adults + 8 children)

For further details, please visit the Library website. www.ci.oswego.or.us/library

To obtain your library card, yes, you need a library card to take advantage of these many services, simply go to the library (706 4th St) and show valid photo ID and proof of residency within the City of LO. It’s that easy.

I think that libraries get taken for granted. We pay for the library with our tax dollars. Use it. Enjoy it. I know that I do.

Dianne

July 3, 2022

Summer in Lake Oswego

Summer of Music

Absolutely one of my favorite events in Lake Oswego is the outdoor summer concert series. Wednesday nights from 7-9pm. They are free. In July they take place at Foothills Park along the Willamette River. In August they take place at Westlake Park on the West side of town. There is just something about them. The cooling of the hot day, the ambiance of being outdoors, and the dancing. People show up to dance. I once saw a man and a woman, the woman was in a wheelchair. They spent some time just swaying with her in her chair. Then the man stepped in front of her, gently lifted her to her feet, and they danced. Really, really wonderful.

Sunday concerts take place July 10 & 24, and August 7 & 21, 6-7:30 pm at Millennium Plaza Park.

Movies in the Park

There are three outdoor moving events. They start at dusk, approximately 8:45pm.

On July 21st, at Millennium Plaza Park, the movie will be the animated feature, Luca.

On July 28th, at Millennium Plaza Park, the move will be Space Jam, a New Legacy.

On August 4th, at Westlake Park, the movie will be Sing 2

During the movie events there will also be face painting, balloon artists and snacks for purchase.

Summer is here!

July 2, 2022

Market Activity Report June 20-26, 2022

The rise in interest rates appears to be having an impact on sales, although the numbers do remain strong. I’d say that if anything, at least at this point, the market feels fairly balanced between buyers and sellers.

Last week in Lake Oswego there were 24 properties that came onto the market, 3 of which went into pending status the same week, 14 pending sales, and 17 sold/closed homes.

See below for RMLS data.

New on the Market June 20-26, 2022

Address	Type	Price	BR	Bath	Sq Feet
4300 Botticelli St	Attached	$399,900	2	2.5	1721
12826 Boones Ferry Rd	Attached	$484,500	2	2.5	1182
4268 Woodside Circle	Attached	$589,900	4	2	1944
18667 Benfield Ave	Detached	$679,000	4	2	1414
14332 Sherbrook Pl	Detached	$689,900	3	2.5	1770
17188 Rebecca Ln	Detached	$690,000	3	2.5	1930
100 Leonard St 3-4	Condo	$699,000	3	2	1736
3 Becket St	Detached	$775,000	4	2.5	4285
17608 Sydni Ct	Attached	$799,900	4	2.5	2466
1841 Cloverleaf Rd	Detached	$825,000	5	3	2190
5115 Firwood Rd	Detached	$849,000	3	2.5	1660
42 Aquinas St	Detached	$899,900	4	2.5	2486
4996 Cascara Ln	Detached	$1,245,000	3	2.5	3106
5524 Koderra Ave	Detached	$1,370,000	3	2.5	2957
15003 Twin Fir Rd	Detached	$1,699,900	4	3.5	3075
776 Carrera Ln	Detached	$1,750,000	4	3	3449
4983 Park Bluff Pl	Detached	$2,349,500	4	4.5	3647
707 Lake Shore Rd	Detached	$3,150,000	3	3.5	2992
17952 Cardinal Dr	Detached	$3,599,000	4	3.5+.5	4588
120 Cabana Pointe	Detached	$4,098,000	4	4	3693
2101 Goodall Ct	Detached	$2,895,000	4	3.5	4290

Pending Sales June 20-26, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
44 Eagle Crest Dr #16	Condo	$289,000	3	2	1085	3
12868 Boones Ferry Rd	Condo	$495,000	2	2.5	1136	18
5342 Red Leaf St	Detached	$599,000	3	2.5	1710	9
14251 Camden Ln	Detached	$719,000	3	2.5	2179	2
1561 Woodland Terr	Detached	$825,000	3	2.5	2184	16
6236 SW Wayzata Ct	Detached	$975,000	4	2.5	2752	2
5322 Carman Grove Ln	Detached	$1,200,000	3	2.5	2647	22
568 Weidman Ct	Detached	$1,275,000	4	3.5	3702	3
4719 Lakeview Blvd	Detached	$1,299,000	4	3	2934	80
2365 Palisades Crest Dr	Detached	$1,300,000	4	3	3746	4
1025 Schukart Ln	Detached	$1,795,000	4	3	4233	44
3001 Westview Ct	Detached	$1,799,900	4	3.5	4317	26
697 Lake Bay Ct	Detached	$2,295,000	4	4.5	3715	37
17210 Cedar Rd	Detached	$2,785,000	5	5	3548	7

Sold/Closed June 20-26, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
45 Eagle Crest Dr #513	Condo	$253,500	$205,000	1056	110
16661 Lake Forest Blvd	Detached	$585,000	$570,000	936	20
5650 Childs Rd	Detached	$599,900	$600,000	1980	8
4753 Dawn St	Detached	$700,000	$700,000	1550	4
4201 Cobb Way	Detached	$950,000	$861,130	2,242	10
668 McVey Ave #12	Condo	$875,000	$875,000	992	0
4527 Trillium Woods	Attached	$887,770	$940,000	2273	3
12431 SW Orchard Hill Rd	Detached	$960,000	$945,000	2724	9
22 Juarez St	Detached	$950,000	$975,000	3096	5
17 Musaryk St	Detached	$985,000	$995,000	4726	1
5336 Lower Dr	Detached	$1,095,000	$1,025,000	2549	18
4581 Heritage Ln	Detached	$1,088,000	$1,030,000	2118	24
4222 Cobb Way	Detached	$1,295,000	$1,125,000	2243	20
4146 Chad Dr	Detached	$1,395,000	$1,280,000	3707	14
937 9th St	Detached	$2,350,000	$2,178,000	3862	448
975 Lake Front Rd	Detached	$3,298,000	$3,320,000	3232	0
263 Northshore Rd	Detached	$4,700,000	$4,700,000	3525	0

June 20, 2022

Planning Ahead: 4th of July

With the 4th of July just 2 weeks away, I thought it would be helpful to let you know of planned events here in the City of Lake Oswego.

The Star Spangled Parade and Celebration is scheduled for July 4th. Beginning at 10:00am, the parade will run down A Avenue between the Lake Oswego Heritage House (398 10th St) and Millennium Plaza Park (200 1st St). The parade is followed by a 4th of July celebration from 10:30 to 1:00 at Millennium Plaza Park. Lots of fun activities are planned, including a pie eating contest at noon.

The Lyon’s Club Pancake Breakfast is returning after a 2 year hiatus ( you know why). The breakfast is the biggest fundraiser that the Lake Oswego Lyon’s Club does each year and supports many worthwhile charitable projects. Held in George Roger’s Park (611 S State St), it runs from 8:00-11:00am. For $10 ($7 for kids) you can enjoy a bounty of pancakes and sausages.

Fireworks over the lake will cap off the day. The fireworks are sent skyward from a barge on the West end of the lake. Folks with access via boats surround the barge. There is a bugle player who has for years played the National Anthem, and it is just a sight to behold. The light display begins at approximately 9:45. Be aware that the streets around that part of the lake are closed off to non-residence because of the traffic congestion. I suggest parking out of the area and walking in.

What a terrific day! Pancakes, a parade and fireworks. All in all, something to look forward to.

June 17, 2022

Market Activity June 6-12, 2022

Last week in Lake Oswego the market remained strong. There were 24 new listings, 8 of which moved quickly to pending status, 27 properties that went under contract and became pending, and 17 sold/closed properties.

We had a big interest rate hike yesterday. This is bound to have an impact. I will be eager to see the market activity reports for the next few weeks as it will let us see the changes that the increased rates are creating.

See below for RMLS details.

New on the Market June 6-12, 2022

Address	Type	Price	BR	Bath	Sq Feet
4 Touchstone #85	Condo	$244,900	3	2.5	1351
29 Oswego Summit	Condo	$260,000	1	1	669
86 Kingsgate Rd H104	Condo	$355,000	2	2	840
12822 Boones Ferry Rd	Condo	$479,900	2	2.5	1136
885 McVey Ave	Detached	$569,000	3	1	1341
4510 Lower Dr	Condo	$575,000	3	2.5	1729
6240 Burma Rd	Detached	$699,900	3	2	1724
939 Devon Ln	Detached	$775,000	3	2	2249
1435 Ash St	Detached	$799,900	5	3	2532
1561 Woodland Terr	Detached	$825,000	3	2.5	2184
19 Touchstone	Detached	$935,000	4	3	2789
2777 Glen Haven Rd	Detached	$1,200,000	4	2.5	2560
13248 Rogers Rd	Plncomm	$1,399,000	5	3.5	3003
688 6th St	Detached	$1,940,000	4	2.5	2939
720 6th St	Detached	$2,300,000	4	3.5	4601
1475 Chandler Rd	Detached	$3,495,000	4	4.5	4863

Pending June 6-12, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
100 Kerr Pkwy $54	Condo	$192,000	1	1	617	30
45 Eagle Crest Dr #504	Condo	$240,000	1	1	768	19
45 Eagle Crest Dr #407	Condo	$259,000	2	1.5	1056	67
4000 Carman Dr #40	Condo	$300,000	2	2	906	3
196 Cervantes	Condo	$369,000	2	1.5	1241	24
5062 Foothills Dr F	Condo	$445,000	2	2	1252	17
6331 Shakespeare St	Detached	$519,900	3	1.5	992	51
13296 Vermeer Dr	Detached	$725,000	3	2.5	1860	10
639 1st St	Attached	$749,900	2	2.5	1391	9
5499 Royal Oaks Dr	Detached	$786,000	3	2	1817	3
1537 Ash St	Detached	$850,000	4	3.5	2433	2
17 Masaryk St	Detached	$985,000	4	3	4726	1
19057 Olson Ave	Detached	$899,000	4	2.5	2464	9
13160 Princeton Ct	Detached	$899,000	4	2.5	3252	42
907 Oak St	Detached	$899,000	3	2	2409	6
29 Del Prado St	Detached	$1,050,000	4	2	3037	12
4581 Heritage Ln	Detached	$1,088,000	3	2.5	2118	24
16018 Waluga Dr	Detached	$1,150,000	4	2	2200	19
13324 Boones Ferry Rd	Detached	$1,195,000	4	2.5	3386	20
17953 Saint Clair Dr	Detached	$1,299,900	7	3.5	5438	21
873 Country Commons	Detached	$1,395,000	4	3	3609	26
18084 Westminster Dr	Detached	$1,399,000	5	3.5	5020	51
17637 Woodhurst Pl	Detached	$1,429,990	6	4.5+.5	4833	1
725 Oak Meadow Ct	Detached	$1,625,000	4	2.5+.5	3753	8
1281 Tyndall Ct	Detached	$1,679,000	4	3.5	4049	3
13740 Knaus Rd	Detached	$1,895,000	4	3.5	4459	2
5455 Childs Rd	Detached	$2,395,000	4	3.5	3870	2

Sold/Closed June 6-12, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
45 Eagle Crest Dr #405	Condo	$195,000	$170,000	1056	47
47 Eagle Crest Dr #37	Condo	$229,000	$225,000	672	0
45 Eagle crest Dr #510	Condo	$255,000	$247,500	830	2
32 Condolea Dr	Condo	$525,000	$483,100	1420	28
2 Montain Cricle	Attached	$499,000	$500,000	1,372	4
43 Ladd St	Detached	$699,500	$719,500	2632	7
17311 Mandi Ln	Detached	$695,000	$720,000	1779	6
16393 Kimball St	Detached	$705,000	$746,000	1522	4
5875 Bonita Rd	Detached	$955,000	$839,000	2650	24
3205 Edgemont Rd	Detached	$774,900	$950,000	2028	4
343 3rd St	Attached	$935,000	$1,010,000	2101	3
4331 Sundew Ct	Detached	$1,099,000	$1,150,000	2790	4
2855 Upper Dr	Detached	$1,195,000	$1,195,000	1932	11
4089 Orchard Way	Detached	$995,000	$1,215,000	2743	3
5563 Bay Creek Dr	Detached	$995,000	$1,260,000	2913	3
224 Iron Mountain Blvd	Detached	$1,795,000	$1,850,000	2964	4
820 Fairway Rd	Detached	$1,930,000	$2,106,000	3758	2

June 5, 2022

Market Activity Report May 23-29, 2022

The market remains strong and very active. In Lake Oswego last week there were 19 new listings, 7 of which are already in pending status, 27 properties that accepted offers and went pending, and 19 properties that were sold/closed.

See below for RMLS details.

New Listings May 23-39, 2022

Address	Type	Price	BR	Bath	Sq Feet
4405 Thunder Vista Ln	Condo	$459,000	2	2.5	1922
1 Oriole Ln	Detached	$625,000	3	2.5	2317
13296 Vermeer Dr	Detached	$725,000	3	2.5	1860
490 Boca Ratan Dr	Detached	$899,000	3	2	2026
791 4th St	Detached	$979,000	3	2	1568
100 Leonard St 4-2	Condo	$1,395,000	3	2.5	3137
520 C Ave	Attached	$1,478,000	3	3.5	3242
1839 Palisades Lake Ct	Detached	$1,599,000	4	3.5	4570
3001 Westview Ct	Detached	$1,850,000	4	3.5	4216
17426 Bergis Farm Dr	Detached	$1,990,000	4	3.5	4555
18735 Bryant Rd	Detached	$2,895,000	4	3.5	5544
3119 Douglas Circle	Detached	$4,300,000	3	4.3	7086
708 McVey Ave	Detached	$4,380,000	4	3.5	3085

Pending May 23-29, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
44 Eagle Crest Dr #12	Condo	$199,900	1	1	798	4
44 Eagle Crest Dr #34	Condo	$295,000	3	2	1085	5
4 Touchstone #124	Condo	$320,000	3	2.5	1351	48
4000 Carman Dr #33	Condo	$362,000	2	2	1103	2
5062 Foothills Dr F	Condo	$445,000	2	2	1252	4
16661 Lake Forest Blvd	Detached	$570,000	3	1	936	20
5650 Childs Rd	Detached	$599,900	3	2	1980	8
1225 Cornell St	Detached	$699,000	3	2	1395	1
4752 Dawn	Detached	$700,000	3	2	1550	4
1700 Yarmouth Circle	Detached	$725,000	2	2	1477	7
4774 Oakridge	Detached	$749,900	3	1	2104	5
570 2nd St	Attached	$750,000	2	2.5	1464	4
3205 Edgemont Rd	Detached	$774,900	3	2.5	2028	4
32 Greenridge Ct #32	Attached	$774,900	3	2.5	2219	4
1249 Larch St	Detached	$899,000	4	4	3654	15
4201 Cobb Way	Detached	$900,000	4	3	2242	10
15213 Candlewood Ct	Detached	$950,000	4	2.5	2757	4
12341 SW Orchard Hill Rd	Detached	$960,000	4	3.5	2724	9
15569 Village Park Ct	Detached	$1,075,000	4	2.5	2755	2
4331 Sundew Ct	Detached	$1,099,000	3	2.5	2790	4
2855 Upper Dr	Detached	$1,195,000	2	2	1932	11
13399 Streamside Ct	Detached	$1,249,000	4	2.5	3218	3
19460 Eastside Rd	Detached	$1,299,000	5	3.5+.5	4521	20
19460 Chad Dr	Detached	$1,395,000	4	2.5	3707	14
7 Nansen Summit	Detached	$1,495,000	4	4.5	5640	3
5006 Upper Dr	Detached	$1,499,900	4	3.5	3284	19
642 8th St	Detached	$1,995,000	4	2.5+.5	3293	3

Sold/Closed May 23-29, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
45 Eagle Crest Dr #316	Condo	$215,000	$210,000	600	168
44 Eagle Crest Dr #10	Condo	$210,000	$225,044	798	3
47 Eagle Crest Dr #20	Condo	$280,000	$292,000	1009	3
210 Oswego Summit	Condo	$395,500	$421,000	1506	5
4206 Woodside Circle	Attached	$529,000	$529,000	1,799	7
5073 W Sunset Dr	Attached	$515,000	$550,000	1720	6
10 Eagle Crest Dr	Detached	$599,000	$599,000	1885	4
6025 Kenny St	Detached	$599,000	$655,000	1254	4
18554 Hallberg Ct	Detached	$699,900	$730,000	1220	3
5710 Windfield Loop	Detached	$699,900	$731,500	1822	6
18413 Deer Oak Circle	Detached	$764,000	$823,955	1866	6
18440 Sandpiper Circle	Detached	$789,000	$844,000	1447	4
355 6th St	Attached	$975,000	$1,050,000	2362	7
13581 Fielding Rd	Detached	$1,100,000	$1,175,000	2152	4
17596 Oak Meadow Ln	Detached	$1,599,000	$1,700,000	2844	2
1415 Horseshoe Curve	Detached	$2,095,000	$2,095,000	3816	10
4460 Upper Dr	Detached	$2,700,000	$2,550,000	4081	39
15825 Oswego Shore Ct	Detached	$2,998,000	$2,700,000	4317	12
15508 Diamond Head Rd	Detached	$3,480,000	$3,098,700	3900	227