Author: Dianne Gregoire

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Featured Neighborhood: Lakewood

Lake Oswego has 24 recognized neighborhood associations. Having a neighborhood association is not the same as having a Home Owner’s Association. While some neighborhood associations do have HOA’s many do not. This means that the neighborhood association is not so much about organizing or restricting home owners, and it is more about organizing as a group to communicate with city planning and simply as neighbors to coordinate ideas and activities. Today we are going to take a look at the Lakewood neighborhood.

I don’t think it is the smallest neighborhood in Lake Oswego, but it is certainly one of the smallest. My estimation is that it has about 200 single family homes and another 200 condominiums. The boundaries are State Street on the East, McVey Avenue on the South, West Point Rd on the West, and the junction of Northshore Blvd and Cabana Lane on the North.

Geographically it is pretty much a peninsula. The water boundaries are Lakewood Bay and the main lake.

It very much has a European village feel. The peninsula is taller in the middle with the streets tightly meandering around the curvature of the elevation as well as the water. It is an old neighborhood and has many grand homes that date back nearly a hundred years. Mixed into these houses are new homes that have been built, and that will continue to be built, as the smaller homes age out and become out-of-character to the changing surroundings.

The center piece of the neighborhood is the Lakewood Center for the Arts. Built in 1928, this was originally Lakewood School. It was the original school of Lake Oswego serving, I believe, kindergarden to 8th grade. My information is based upon what I found on line but also on my Mom’s best friend, now in her 80’s, who attended Lakewood School as a child. In the early years kids from LO had to take a bus into Portland to go to High School before Lake Oswego High was built in 1951. Today the Lakewood Center is the home of the Lakewood Theater, theater classes for all ages, the Festival of the Arts, and a second hand store that serves as a funding source for the art center.

While most of the homes in the Lakewood neighborhood are right on the lake, those that are not on the water enjoy the proximity to the Lake Oswego swim park, which is located in this neighborhood.

The walking score for homes in this neighborhood are some of the best to be found. On the Eastern edge you can literally walk across the street to restaurants and shopping. Living on the Western edge adds about half a mile to that distance. It is also a short walk to the Farmer’s Market, Millenium Plaza and the Lake Theater and Cafe for first-run movies.

Pricing is at the extreme ends for Lake Oswego. Looking at what is currently offered for sale, the least expensive is a 2 bedroom and 1 bath condo that was built in 1948. It has been nicely updated and is very clean and bright. It has 914 square feet with views of the lake and an assigned carport. The asking price is $284,000. The most expensive homes are typically right out on the point of the peninsula. They have expansive views that look down the lake but also look out on each side to be truly panoramic. The most expensive house currently listed is a 1936 mansion that has 6337 square feet. It has been fully updated and remodeled to today’s highest standards, yet the remodeling has been done with respect and preservation of the historic glamour of the home. It has 4 bedrooms and 4 1/2 baths. The asking price is $4,300,000.

The Lakewood neighborhood is really special. It’s quaint, yet exquisite, a rare combination. Please let Linda or I know if you would like more information.
Dianne

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Market Activity Feb 4-10, 2019

Snowy temperatures have given way to 40 degrees and lots of rain. I kinda miss more snow, but I’m grateful for the rain. We need it to stay lush and green this spring and summer.

Market activity last week in Lake Oswego felt more normal than the week before. We had 16 properties come onto the market, 18 properties that went into pending status, and 8 sold/closed homes. What I am watching as we head into the spring market are those pending sales. Strong pending sales, which I think of as being near the same number as new listings, were well balanced.

Following is the breakdown for you according to RMLS:

New on the Market (Feb 4-10, 2019)

Address Type Price BR Baths Sq Ft
100 Kerr Parkway #46 Condo $166,500 1 1 617
10 Oswego Summit Condo $169,900 1 1 764
47 Eagle Crest Dr #3 Condo $207,000 2 1 932
343 5th St #2 Condo $250,000 2 1 910
1349 Bonniebrae Dr Townhouse $329,500 3 1.5 1311
1589 Boca Ratan Dr Townhouse $378,500 3 2 1611
210 S State St #2 Condo $395,000 2 1.5 1715
4765 Firwood Rd Detached $474,000 3 2 1716
875 Lake Forest Dr Detached $499,500 2 1 979
3830 Tempest Dr Detached $599,900 3 2.5 3099
515 Atwater Rd Detached $637,625 3 2.5 2746
13388 Auburn Ct Townhouse $649,500 3 2.5 2492
13581 Rogers Rd Detached $1,099,950 4 2.5 2971
520 C Ave Attached $1,238,000 3 4 3242
3096 Wembley Park Rd Detached $1,575,000 5 4 4165
16470 Phantom Bluff Ct Detached $2,699,900 4 4.5 4975

Pending Sales (Feb 4-10, 2019)

Address Type Price BR Baths Sq Ft CDOM
121 Oswego Summit Condo $185,000 1 1 764 52
200 Burnham Rd #103 Condo $218,000 1 1 800 35
5225 Jean Rd #513 Condo $299,000 3 2 1400 156
293 Cervantes Townhouse $335,000 3 2.5 1384 77
48 Eagle Crest Dr 5B Condo $349,000 3 2 1550 17
16200 Pacific Hwy #26 Condo $410,000 2 2 1190 78
3283 Duncan Dr Detached $575,000 4 3 2915 6
1 Preakness Ct Detached $585,000 4 3 2373 4
838 Ash St Detached $599,000 4 1.5 2741 199
1010 Upper Devon Ln Detached $649,000 4 2.5 3068 144
5474 Bay Creek Dr Detached $649,900 4 2.5 2322 15
3943 Tempest Dr Detached $749,900 4 2.5 3714 4
2120 Ridgewood Rd Detached $779,000 4 2 2382 5
8 Yorick St Detached $799,900 5 3 3451 131
18048 Eastridge Ln Detached $999,900 4 3.5 4336 426
1451 Horseshoe Curve Detached $1,198,000 3 2 2062 13
1122 Bayberry Rd Detached $1,498,000 5 3 3259 19
3130 Douglas Circle Detached $1,595,000 4 3.5 4063 189

Sold/Closed (Feb 4-10, 2019)

Address Type List Price Sold Price Sq Ft CDOM
237 Cervantes Condo $215,000 $187,000 1216 185
48 Crestfield Ct #48 Condo $223,800 $215,000 921 17
16224 Lake Forest Blvd Detached $429,900 $429,900 1300 10
17043 Crestview Dr Detached $539,500 $484,000 2302 78
975 Lund St Detached $579,900 $501,700 2300 106
127 Condolea Dr Condo $529,000 $539,000 2273 4
936 Evergreen Rd Detached $1,975,000 $1,975,000 3772 6
3300 Upper Dr Detached $2,000,000 $2,000,000 2200 5

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.

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Market Activity Jan 28-Feb 3, 2019

So much for the mild winter I wrote about 2 weeks ago. We had a dusting of snow on Monday and we have a wintry forecast for the next week or so. I love it. It just wouldn’t be a proper winter without a couple days with snow on the ground.

Last week the market activity was a bit weird. We had 19 properties come onto the market. That’s a good number and what I would expect to see as we build toward the spring. We only had 8 go into pending status. That strikes me as really low. We also had 11 become finalized sales. That seems normal as these would be the houses that sold over the holidays.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft
108 Oswego Summit Condo $169,900 1 1 764
42 Cervantes Circle Condo $210,000 2 1.5 912
218 Ridgeway Rd Condo $284,000 2 1 914
18820 65th Detached $485,000 4 2.5 2268
3283 Duncan Dr Detached $575,000 4 3 2915
2099 Wembley Pl Detached $689,000 4 2.5 3544
18034 Westview Dr Detached $699,900 4 2.5 3544
3943 Tempest Dr Detached $749,900 4 2.5 3714
5015 Parkhill St Detached $775,000 3 3 2628
1604 Campus Way Detached $795,000 3 2.5 2607
17644 Tree Top Ln Detached $820,000 4 3.5 4240
4028 Orchard Dr Detached $825,000 4 2.5 3343
5364 Langford Ln Detached $869,999 3 2.5 3022
13915 Sundeleaf Dr Detached $1,085,000 4 3.5 4090
179 Iron Mountain Blvd Detached $1,175,000 5 4.5 5245
1525 Maple St Detached $1,200,000 4 3.5 3154
792 2nd St Detached $1,269,900 4 3 2786
748 1st St Detached $1,799,900 5 4 3854
17484 Bryant Rd Detached $1,269,900 4 3.5 3615

Pending Sales (Jan 28-Feb 3, 2019)

Address Type Price BR Baths Sq Ft CDOM
106 Oswego Summit Condo $235,000 2 2 1140 7
16790 Lake Forest Blvd Detached $334,999 2 1 780 128
16880 Cortez Ct Detached $455,000 3 2.5 2313 21
5228 Bonita Rd Detached $479,999 3 2 1310 166
6267 Wayzata Ct Detached $520,000 3 2 1504 3
5262 Rosewood St Detached $600,000 3 2 2275 100
5515 Langford Ln Detached $600,000 2 2 1830 2
905 Laurel St Detached $939,000 3 3.5 2906 5

Sold/Closed (Jan 28-Feb 3, 2019)

Address Type List Price Sold Price Sq Ft CDOM
3433 McNary Pkwy #305 Condo $220,000 $215,000 1208 58
46 Cervantes Circle Condo $225,000 $226,000 912 68
750 1st St A10 Condo $250,000 $250,000 1350 0
19220 Red Wing Ct Detached` $504,900 $499,000 1647 42
17330 Grandview Ct Detached` $865,000 $722,694 3857 257
13978 Westcott Ct Detached` $985,000 $905,000 3267 199
2060 Indian Trail Detached` $1,250,000 $1,150,000 2387 30
19155 Bryant Rd Detached` $1,299,900 $1,299,900 3371 6
3123 Douglas Circle Detached` $1,549,000 $1,520,000 3664 102
1657 Lake Front Rd Detached` $2,795,000 $2,275,000 3721 485
610 Cabana Ln Detached` $4,000,000 $4,000,000 4796 0

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.

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Remarkable Rummer

There are two elements of being a Realtor that I really love: working with people and looking at houses. Neither ever gets old. It’s super dynamic and interesting.

I get to look at lots and lots of houses. When a house is “architecturally interesting” it perks me up and I literally feel the excitement and energy of the brilliance of design. The houses of Bob Rummer do this to me.

They’ve always been interesting. I truly have loved them from the first time that I laid eyes on one. Today they are experiencing a resurgence of popularity. They share common elements with the modern homes being built today. They feature an open floor plan and well thought out design. Remember these homes were being built in the 1960’s when the common ranch style floor plan was being widely built. The layout is a U shape with the open end of the U facing the street. Typically there is a wall with a front door facing the street. While they do have curb appeal, they are understated. When you go through the entry you find yourself in a central courtyard that is walled with windows, and often sliding doors, that take you into the various elements of the floor plan. One side of the U is the noisy area of the house: the kitchen, the laundry, the garage and utilities. The opposite side of the U is the quiet area: bedrooms and baths. In the middle is a huge open living room with walls of windows that look both out to the back yard and into the courtyard.

I recently read that Bob Rummer is still alive. He’s 91 years old and still owns Rummer Homes Inc. He estimates that he’s built about 1000 houses. Rummers are scattered all over the Portland Metro area, including here in Lake Oswego. Most of the houses are about 1800-2000 square feet. They were built for modern middle-class families and originally sold for about $35,000. Today they fetch far more than that. Several have sold recently. They sell within days. Everyone wants a Rummmer! Recent sales range from $564,000 to close to $800,000. There is currently a Rummer for sale here in Lake Oswego for $699,900.

If you’d like more information, please give Linda or myself a call. We’d love to be of help.
Dianne

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Market Activity Jan 14-20, 2019

We are having such a mild winter! Out walking today I saw daffodils that are fully up and budded. I’d say that they’re about a month early.

As far as real estate in Lake Oswego, last week brought 13 new listings onto the market, 14 properties that went into pending status, and 8 sold/closed homes.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 14-20, 2019)

Address Type Price BR Baths Sq Ft
5225 Jean Rd Condo $273,900 2 2 1098
5225 Jean Rd Condo $288,000 2 2 1400
48 Eagle Crest Dr 5B Condo $349,000 3 2 1550
4386 Thunder Vista Ln Condo $399,900 2 2.5 1980
5695 Burma Rd Detached $479,900 4 2.5 1934
19211 Indian Springs Rd Detached $579,000 4 3 2132
17 Westridge Dr Detached $725,000 4 3.5+.5 3533
17890 Kelok Rd Detached $769,000 4 2.5 3095
15136 Glen Eagles Ct Detached $799,999 5 3 3150
1813 Palisades Lake Ct Detached $1,015,000 5 3.5 4119
1628 Lake Front Rd Detached $1,080,000 4 3 2470
3826 Upper Dr Detached $1,200,000 4 2.5 3187
1122 Bayberry Rd Detached $1,498,000 5 3 3259

Pending Sales (Jan 14-20, 2019)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #6 Condo $159,900 1 1 617 223
46 Cervantes Circle Condo $225,000 2 1,5 912 68
750 1st St A10 Condo $250,000 2 2 1350 0
5850 Kenny St Detached $284,000 3 1 1172 31
5053 Foothills Dr B Condo $329,000 3 2 1252 97
6015 Fernbrook Circle Detached $379,000 3 1.5 1250 2
975 Lund St Detached $535,000 3 2 2300 106
127 Condolea Dr Condo $539,000 3 3 2273 4
5316 Lower Dr Detached $549,900 4 2.5 2016 190
4451 Bernard St Detached $550,000 3 2 1806 5
5262 Rosewood St Detached $600,000 3 2 2275 86
17330 Grandview Ct Detached $748,500 4 3.5 3857 257
19463 Lorna Ln Detached $935,000 4 3.5 4055 208
1810 Northshore Rd Detached $1,598,950 5 3 3529 234

Sold/Closed (Jan 14-20, 2019)

Address Type List Price Sold Price Sq Ft CDOM
6291 Harrington Ave Detached $425,000 $345,000 1472 119
1698 Aspen St Detached $509,000 $485,000 2668 132
13413 Vermeer Dr Detached $629,900 $524,000 2529 172
8 Hillshire Dr Detached $615,000 $580,000 2848 76
16479 Phantom Bluff Ct Detached $925,000 $765,000 2783 108
17606 Woodhurst Pl Detached $879,900 $782,500 4707 230
1035 Bayberry Rd Detached $1,399,900 $1,350,000 2746 17
616 Cabana Ln Detached $2,798,000 $2,600,000 3838 230

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.

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Preparing Your Home for a Home Inspection

Our local real estate market will begin to pick up steam now that the Christmas/Winter holidays are officially behind us. Honestly, with the warm winter we have been having, I won’t be surprised if we get daffodils in February. All of this has me thinking about the people who are reading this blog and planning to sell their home in the coming spring or summer.

There is so much to do to get your house ready! Clean, discard, paint, replace, where to begin? My advice, take it a day at a time and with proper planning you will be ready. As you do this, please take time to also prepare for the inevitable home inspection. Here is a check list to get the basics of a successful home inspection covered:

1. Make sure that no plants or trees are actually touching your house. The rule of thumb is 6 inches. Nothing growing in your yard should be closer than 6 inches to any part of your house.

2. Clean the gutters. This is particularly important is the rainiest part of an Oregon year is still ahead of us. Clogged gutters will lead to water in a crawl space, which is a huge red flag for a home inspector. When water is found in a crawlspace it really freaks people out. The imagination can lead to visions of trenches and sump pumps and $$$. Keep your life less dramatic and clean your gutters.

3. Replace or clean dirty furnace filters. Not only will this help the inspection to go well, but it will extend the life of your furnace and allow you to enjoy better air quality.

4. Repair leaky faucets. You know they are annoying you. Just do it, they annoy home inspectors as well.

5. Replace missing electrical covers on switches, outlets, and junction boxes.

6. Replace any smoke alarms that were installed prior to 2002 with alarms that meet today’s requirements. Along with smoke alarms, be sure to install carbon monoxide alarms if you have a fireplace or gas appliance in the house.

7. Replace burnt out light bulbs.

8. Pull soil 6” away from the siding, basement windows, foundation vents and decks.

9. Install 6 mil. black vapor barrier over exposed soil in the crawlspace.

10. Install earthquake straps on your water heater.

None of these items are very expensive. You may even be able to do a good many of them yourself. In addition, if your prospective buyer is getting a mortgage, and most of them will be, items 6, 9, and 10 will be a requirement for financing.

I hope you find this helpful. I also know that a good first step in the house selling process is getting a professional price opinion. Both Linda and I are happy to do this for you, at no charge. Please give us a call!
Dianne

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Market Activity Dec 17, 2018-Jan 6, 2019

This market activity report covers about 3 weeks of activity and serves as a really interesting snap shot of what happens to the real estate market over the holidays. During this period Lake Oswego had 10 new listings, 26 properties go into pending status, and 45 closed sales. I think that Linda and I both have said on numerous occasions that the real estate market keeps chugging along, even at Christmas. This market activity report does a nice job of bearing that out. 25 houses sold! Even more impressive, 45 sales closed! That’s a lot of houses. The weak spot is the number of new listings. It makes sense. If you want to sell your house, it’s simply more convenient to wait until the hub-bub of the holidays is over. But it also illustrates that perhaps this is exactly the perfect time to put your house on the market. The buyers are out there. They are looking at houses and making offers. With the inventory down, and the demand remaining, this is an excellent time to list your house for sale.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 17, 2018-Jan 6, 2019)

Address Type Price BR Baths Sq Ft
47 Eagle Crest Dr #37 Condo $134,900 1 1 672
4642 Lower Dr Condo $199,000 2 1.5 1260
16 Crestfield Ct Condo $199,900 1 1 552
66 Cervantes Circle Condo $225,000 2 1.5 912
200 Burnham Rd #103 Condo $233,000 1 1 800
5850 Kenny St Detached $309,000 3 1 1172
17156 Rebecca Ln Detached $545,000 4 2.5 2026
14425 Holly Springs Rd Detached $569,000 4 3 2238
18381 Heather Ann Ct Detached $880,000 4 2.5 2983
841 Northshore Rd Detached $1,549,000 3 3 2388

Pending Sales (Dec 17, 2018-Jan 6, 2019)

Address Type Price BR Baths Sq Ft CDOM
237 Cervantes Condo $195,000 2 1.5 1216 185
149 Oswego Summit Condo $199,900 2 2 1212 192
3433 McNary Pkwy #305 Condo $220,000 2 2.5 1208 58
199 Oswego Summit Condo $264,900 2 2 1506 93
247 Cervantes Condo $299,999 2 2 1384 131
16811 Lakeridge Dr Detached $358,000 4 2 1870 69
17510 Hill Way Detached $400,000 2 1 2032 5
16224 Lake Forest Blvd Detached $429,900 3 1.5 1300 10
17043 Crestview Dr Detached $499,000 4 2.5 2303 78
4546 Dogwood Dr Detached $500,000 2 1 1010 20
19220 Red Wing Ct Detached $504,900 3 2 1647 42
18440 Sandpiper Circle Detached $509,900 3 2 1447 166
13413 Vermeer Dr Detached $539,900 4 3.5 2529 172
5651 Windfield Loop Detached $569,500 2 2 1622 16
8 Hillshire Dr Detached $595,000 4 2.5 2848 76
15085 Glen Eagles Pl Detached $675,000 4 3 2956 4
12 Da Vinci St Detached $729,000 4 3 2959 158
17390 Grandview Ct Detached $875,000 4 4.5+.5 4502 292
16987 Alder Circle Detached $879,000 2 2.5 1991 407
17494 Lake Haven Dr Detached $1,100,000 2 2 2121 195
19376 Riverwood Ln Detached $1,299,900 3 2.5 3109 260
19155 Bryant Rd Detached $1,299,900 3 3.5 3371 6
1034 Bayberry Rd Detached $1,399,900 3 2.5 2746 17
3123 Douglas Circle Detached $1,549,000 5 3.5 3664 102
612 Cabana Ln Detached $2,350,000 4 4 3862 16
1657 Lake Front Rd Detached $2,395,000 4 3.5 3721 485

Sold/Closed (Dec 17, 2018-Jan 6, 2019)

Address Type List Price Sold Price Sq Ft CDOM
86 Kingsgate Rd G202 Condo $179,500 $140,000 849 91
44 Eagle Crest Dr #2 Condo $175,000 $178,500 798 10
45 Eagle Crest Dr #413 Condo $204,900 $186,000 1056 95
86 Kingsgate Rd A104 Condo $218,000 $190,000 849 54
45 Eagle Crest Dr #305 Condo $199,900 $190,000 1364 40
4 Touchstone #131 Condo $199,900 $191,000 1351 29
15938 Quarry Rd B-4 Condo $219,500 $212,000 991 120
6880 Montauk Circle Condo $220,000 $214,000 924 65
15210 Boones Way Condo $249,900 $249,900 1124 6
4043 Jefferson Pkwy Condo $289,900 $252,000 1182 85
15230 Boones Way 1D Condo $295,000 $256,000 1185 111
112 Touchstone Terr Townhouse $399,000 $280,000 1952 37
5835 Carman Dr Detached $424,900 $390,000 1650 215
6472 Dawn St Detached $399,950 $405,000 1032 99
18133 Tualata Ave Detached $434,950 $430,000 1440 34
16880 Cortez Ct Detached $489,900 $430,800 2313 216
9 Bloch Terr Townhouse $424,900 $432,400 1946 7
1425 Cedar St Detached $489,900 $477,000 1669 52
17869 Lake Haven Dr Detached $475,000 $500,000 2150 5
17411 Tree Top Ln Detached $649,000 $500,000 2150 5
2182 Glenmorrie Dr Detached $485,000 $501,000 1580 8
73 Condolea Way Condo $512,000 $512,000 213 0
4596 Lamont Way Detached $535,000 $513,500 2236 12
1878 Southshore Blvd Detached $595,000 $533,000 2594 180
17802 Hillside Way Detached $585,000 $539,900 3026 177
137 Kingsgate Rd Detached $549,000 $540,000 2372 16
1508 Pine St Detached $579,900 $545,000 2300 134
4141 Chapman Way Detached $565,000 $585,000 2138 4
767 10th St Detached $799,900 $625,000 2820 99
17965 Lake Haven Dr Detached $749,000 $628,400 2764 173
18420 Deer Oak Ave Detached $675,000 $649,000 2327 59
5687 La Mesa Ct Detached $649,900 $649,900 2518 21
2981 Vale Ct Detached $748,900 $706,500 3516 85
808 Ellis Ave Detached $725,000 $722,500 2200 8
2972 Vale Ct Detached $750,000 $725,000 3120 122
13459 Provincial Hill Way Detached $819,900 $800,000 2896 63
161 Furnace St Condo $929,000 $890,000 2134 82
1149 Cherry Ln Detached $937,500 $937,500 3187 29
53 Eagle Crest Dr Detached $1,000,000 $973,200 4918 216
16193 Matthew Ct Detached $995,000 $974,000 4019 41
4743 Upper Dr Detached $1,165,000 $1,079,000 3079 338
13575 Meadowcreek Ln Detached $1,239,000 $1,159,500 3370 174
1175 Westward Ho Rd Detached $1,529,000 $1,402,000 3547 135
1099 Terrace Dr Detached $2,150,000 $1,445,000 4965 725
1075 Chandler Rd Detached $2,207,500 $2,100,000 5710 140

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.

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Merry Christmas!

Merry Christmas! Happy Holidays! Happy Hanukkah! Happy Kwanzaa! Whatever your faith, whatever your situation, Linda and I want to wish you and yours all the best this holiday season. Here at the blotter we are going to take a two week hiatus. We will be back with our market activity reports and news and information about real estate in Lake Oswego the week of January 6th. In the mean time, enjoy your family, friends, and all of the wonders of this very special time of year.
Our best wishes to you,
Dianne and Linda

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Plastics and Recycling

Oregon is rather well known as a bastion of recycling. The first state in the country to instate a bottle bill, we are a community that prides itself on being good stewards of our land. This past week the City of Lake Oswego continued that heritage by passing a restriction for single-use plastic bags. In the next year plastic shopping bags will be fazed out at stores, restaurants, and even the farmer’s market.

About 10 years ago I read the book “Moby Duck”. It’s a non-fiction narrative about a shipping container that fell of a shipping freighter in the Pacific ocean. The container was filled with multi-colored, plastic ducks, the kind that kids play with in the bath tub. A rather unique cargo, these ducks have been washing up on beaches all of the world ever since. It provided an opportunity to study plastics in the ocean and how the plastic migrates. It’s shocking.

I’ve also heard it said that as much as recycling is wise, an even better direction to go is to not use the plastic in the first place. I see the city’s ban on plastic bags as a very wise move that will be a small step in the right direction.

Speaking of recycling, correct plastic recycling is super confusing. It’s bit of a pet peeve of mine that folks don’t know what is and isn’t recyclable. Those clam shell packages for spinach and lettuce? Not recyclable at the curb. To help us all better understand what is and isn’t recyclable at the curb, here is a link to the guidelines put out by Metro, our Metro-area authority on garbage and recycling. To view the information, click here.

Particularly at the holidays, the time of year when we are at the peak of consuming and recycling, it is a good idea to be mindful of using and purchasing items that are recyclable. Good for LO for taking the initiative to curtail the use of plastic. The bags are a step in the right direction. Now can we do something about drinking straws?

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Market Activity Dec 3-9, 2018

We are two weeks away from Christmas. People who buy or sell at this time of year are motivated! Last week in Lake Oswego we had 9 new listings come onto the market, 13 properties that went pending with an accepted offer, and 9 closed/sold homes.

Following is the breakdown for you according to RMLS:

New on the Market (Dec 3-9, 2018)

Address Type Price BR Baths Sq Ft
16250 Pacific Hwy #52 Condo $215,000 1 1 841
1172 Boca Ratan Dr Attached $375,000 3 2 1611
5651 Windfield Loop Detached $569,500 2 2 1622
23 Spinosa Detached $595,000 3 2 2767
5536 Bay Creek Dr Detached $619,000 4 2.5 2380
1035 Bayberry Rd Detached $1,399,900 4 2.5 2746
612 Cabana Ln Detached $2,350,000 4 4 3862
3120 Upper Dr Detached $2,350,000 5 3.5 4587
3258 Lakeview Blvd Detached $3,250,000 4 4.5 4337

Pending Sales (Dec 3-9, 2018)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd A104 Condo $208,000 2 2 849 54
4043 Jefferson Pkwy Condo $254,500 2 2.5 1182 85
12886 Boones Ferry Rd Condo $379,900 2 2.5 1182 13
16880 Cortez Ct Detached $459,900 3 2.5 2313 216
2182 Glenmorrie Dr Detached $485,000 4 2 1580 8
17040 Fernwood Dr Detached $499,000 3 2 2399 211
15580 Partridge Dr Detached $539,900 4 2.5 2245 10
5153 Jean Rd Detached $547,000 8 3 2400 204
2051 Wembley Park Rd Detached $549,900 2 2 1196 132
6414 Frost St Detached $585,000 3 2.5 2205 54
1961 Park Forest Ave Detached $699,900 5 2 2092 5
2815 Orchard Hill Pl Detached $749,900 4 3 2915 4
4743 Upper Dr Detached $1,069,000 4 2.5 3079 338

Sold/Closed (Dec 3-9, 2018)

Address Type List Price Sold Price Sq Ft CDOM
92 Galen St Condo $189,000 $169,000 689 92
9 Summit Ridge Ct Townhouse $399,000 $380,000 1576 48
1207 Hallinan Circle Detached $489,500 $491,000 1478 6
18028 Gimly Ct Detached $774,900 $698,500 3454 130
17454 Canal Circle Detached $849,000 $764,000 2472 149
639 Carrera Ln Detached $1,275,000 $1,075,000 4381 14
4100 Canal Rd Detached $1,415,000 $1,125,000 4957 182
17512 Lake Haven Dr Detached $1,650,000 $1,350,000 4643 139
943 Lake Front Rd Detached $1,798,000 $1,600,000 2246 175

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.