Author: Dianne Gregoire

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LO Elementary Schools are Best in Oregon

I am of the opinion that the #1 reason that people move to Lake Oswego is for the quality of the public schools. Sure, the town is conveniently located to both Portland and the tech industry in Beaverton. It has low crime, great shopping and restaurants. There are lots and lots of reasons to want to live in Lake Oswego, but the #1, hands down, is the schools.

This was born out, again, this week by the release of a study done by Niche. Niche is a private research group in Pittsburgh, Pennsylvania, who studies schools all over the United States. This last week they released their list of the best elementary schools in the State of Oregon. Here are the top 10:

#1 Oak Creek in Lake Oswego
#2 Westridge in Lake Oswego
#3 Hallinan in Lake Oswego
#4 Lake Grove in Lake Oswego
#5 Riverdale in Portland
#6 Forrest Hills in Lake Oswego
#7 Rivergrove in Lake Oswego
#8 John Muir in Ashland
#9 Willamette Primary in West Linn
#10 Bolton in West Linn

That is every single elementary school in Lake Oswego listed within the top 10 in the state and dominating with 6 out of the top 7. To see the full article, please click here.

I will never forget the day that I decided to move to Lake Oswego. I lived in Sellwood in Southeast Portland, a very trendy and popular area that has only grown more desirable with time. My kids were 8 and 11. My oldest had just started at Sellwood Middle School. I was so completely underwhelmed by the academics. I had been a class room parent volunteer since day 1 in Kindergarden. I knew first hand what the class rooms were like. I just new that I wanted more for my kids. It was a simple as that. The time to move was at that moment, before my kids got any further entrenched socially in Portland Public Schools. And so I moved my kids to Lake Oswego. What a breath of fresh air! Books in the class room (not photo copied everything), teachers who were engaged, kids who ready to learn. It was one of the best decisions that I have ever made for my kids.

You may be in the very same spot. Maybe your kids are growing fast and you know that you want to give them every opportunity possible. Maybe your thinking about the move to Lake Oswego. Please give Linda, Whitney or myself a call. We would love to be of help.
Dianne

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Market Activity April 3-9, 2017

Driving across town yesterday I put on and took off my sunglasses 3 times. That’s how spring rolls in Lake Oswego: beautiful blue skies and sunshine, pouring rain, beautiful blue skies and sunshine, pouring rain. I will also say that the sunsets with the dramatic cloud formations have been incredible. The spring market is kicking into gear as well. Last week LO had 21 properties come onto the market, 22 go into pending status, and 16 closed/sold homes.

Following is the breakdown for you according to RMLS:

New on the Market (April 3-9, 2017)

Address Type Price BR Baths Sq Ft
4615 Lakeview Blvd Condo $99,900 1 1 753
15 Crestfield Ct Condo $125,000 1 1 552
86 Kingsgate Rd F202 Condo $164,900 2 2 849
47 Eagle Crest Dr #11 Condo $179,900 2 1 932
332 Cervantes Cir Condo $184,900 2 1 832
86 Kingsgate RdD 201 Condo $189,500 2 2 938
44 Eagle Cresst Dr #36 Condo $189,900 2 1 908
750 1st St E28 Condo $199,950 1 1 902
1233 Boca Ratan Dr Attached $325,000 2 2 1393
56 Aquinas St Detached $529,000 4 3 2119
5 Grouse Terr Detached $579,000 3 2.5+.5 2527
14542 Rainbow Dr Detached $597,000 6 3 3642
17085 Chapin Way Detached $619,900 3 3 3330
18247 Moria Ct Detached $664,950 4 2.5 2791
103 Girabaldi St Detached $949,000 4 3.5 3940
13658 Provincial Hill Way Detached $990,000 5 4 3853
4081 Pfeifer Ct Detached $999,990 5 3.5 4078
3926 Edens Edge Dr Detached $1,199,000 5 3.5+.5 4624
4230 Sunset Dr Detached $1,200,000 4 2.5 3250
3133 Douglas Cir Detached $1,499,000 4 3.5 3981
13571 Westlake Dr Detached $1,500,000 5 4.5 4078

Pending Sales (April 3-9, 2017)

Address Type Price BR Baths Sq Ft CDOM
111 Oswego Summit Condo $195,500 1 1 764 1
168 Oswego Summit Condo $197,000 2 2 1383 64
169 Oswego Summit Condo $199,999 2 2 1383 352
181 Oswego Summit Condo $237,000 2 2 1383 12
245 Cervantes Condo $250,000 2 2 1292 3
5063 Foothills Dr A Condo $310,000 2 2 991 2
17901 Tualata Ave Detached $347,000 3 1 912 3
17224 Greentree Ave Detached $465,900 3 2 1554 7
19 Bloch Terr Attached $365,000 2 2 1527 2
5463 Tree St Detached $485,000 3 1.5 1460 5
440 Boca Ratan Dr Detached $499,000 3 2 1932 2
5750 Washington Ct Detached $549,900 3 2.5 2238 182
4688 Firwood Rd Detached $569,000 5 2.5 2436 2
1227 Ash St Detached $599,900 2 2 2151 37
1666 Fircrest Dr Detached $640,000 4 3 2817 5
17465 Upper Cherry Ln Detached $645,000 4 3 3856 228
18461 Waxwing Cir Detached $649,900 5 2.5 3109 3
2397 Hillside Ln Detached $739,000 5 3 2950 8
2481 Marylshire Ln Detached $799,000 5 3.5 4154 37
5640 Meridian Ct Detached $850,000 5 3.5 3493 1
1273 Wells St Detached $979,000 5 3 4091 55
13327 Atwater Ln Detached $1,395,000 3 3 3004 7

Sold/Closed (April 3-9, 2017)

Address Type List Price Sold Price Sq Ft CDOM
1 Crestfield Ct Condo $149,500 $155,629 689 4
47 Eagle Crest Dr #62 Attached $190,000 $203,000 1,026 4
151 Oswego Summit Condo $199,900 $213,000 1,506 37
44 Eagle Crest Dr #28 Condo $219,950 $215,000 1085 39
550 S State St Condo $254,900 $246,000 920 19
18225 SW 65th Ave Detached $225,500 $258,944 1701 33
3970 Carman Dr Attached $250,000 $275,000 1129 2
15256 Boones Way Attached $424,500 $422,085 1618 57
5115 Firwood Rd Detached $479,900 $485,000 1657 1
4750 Upper Dr Detached $550,000 $550,000 3091 14
5 Preakness Ct Detached $565,000 $565,000 3003 2
2060 Ridge Pointe Dr Detached $760,000 $727,060 4120 157
5328 Lower Dr Detached $795,000 $785,000 2600 32
286 D Ave Attached $799,900 $799,000 2302 83
2100 Ridge Pointe Dr Detached $799,900 $825,000 5375 228
776 Carrera Ln Detached $1,000,000 $991,700 3449 25

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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A bit About Condos

I have always felt that my real estate business goes in waves. There have been times when I was heavily working waterfront on the lake, times when all my business seemed to be new construction, and times when I seemed to be selling older houses. Today I am in a condo wave. I have two listings that are condos and this weekend I have written offers on two more condos. I am up to my ears in condos. I think it is the universe telling me that I need to write a blog post about condos. So here are a few things to keep in mind if you are considering buying a condo.

First, and in my opinion the most important, is that you are not just buying a home, you are buying into a community. Condominiums are governed by Home Owner’s Associations. Your home inspection will have all of the usual criteria for checking out the structure and the components, but you will also have an inspection of the HOA documents.

HOA documents include rules and regulations that tell you what is and what is not allowed. All usually have a clause for “nuisance” behavior, but some can be pretty restrictive. I have seen rules that don’t let you have anything showing inside of your window that could be objectionable. The two most common issues that you will want to be sure of is whether or not pets are allowed and whether or not rentals are allowed. You need to know these things going in and not after you own it.

Other important documents are about the financial health of the association. You want to see that they have money in reserve to take care of maintenance and repairs. This will include the current year’s budget, and also a reserve study. The reserve study projects into the future for replacement of big items like roofs and siding. While I know everyone hates to pay a monthly HOA fee, and often will rule out buying a condo because the fee seems too high, it is actually super important that the fees collected are enough to not just pay for the current maintenance like mowing the lawns and paying for garbage removal, but also are enough to over time add up to some rather significant amounts of savings. If proper saving isn’t done, then when the time comes to do major repairs the association will be forced to do a special assessment to cover the costs. A special assessment is much more financially painful than smaller amounts collected monthly over time.

You will also want to see the meeting notes from the HOA meetings of the last year. If there is a problem in the complex, they are likely talking about it at the meetings.

Financing of a condo can also be challenging when you go to get a mortgage. Most HOA’s restrict how many units can be rented out and this is important. Fannie Mae lending guidelines require that at least 50% of the units be owner occupied. For financing such as VA and FHA, the criteria to obtain these types of loans require that the Home Owner’s Association apply for the qualification. The VA loan application is a one time issue and runs with the complex forever once it’s approved. FHA is more complicated and must be renewed every few years at a cost of both time and money. So to have FHA approval it requires a Board of Directors that is motivated and on the ball.

Condos are terrific because they are generally less expensive than a house, require much less personal labor to up keep, and are ideal if you want a lifestyle where you can lock your door and be away for extended periods. With the cost of housing being a premium, they are truly the only option for many people.

There are also a really wide variety of condos. Some are super luxurious with top-of-the-line finishes and services. Others are bare bones and feel like what they once were, apartments. The least expensive condo for sale in Lake Oswego right now is a 1 bedroom, 1 bath unit on State Street. It has 829 square feet and is for sale for $170,000. The most expensive has 4 bedrooms, 4.5 baths, with 4911 square feet and is listed for $1,798,000.

If you have other questions, please contact any one of us. Linda, Whitney and I are all here to help.
Dianne

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Market Activity March 13-19, 2017

Last week in Lake Oswego there were 17 new listings, 21 properties that went into pending status, and 3 sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Mar 13-19, 2017)

Address Type Price BR Baths Sq Ft
48 Eagle Crest Dr 5F Condo $224,900 2 2 1370
234 Ridgeway Rd Condo $289,900 2 1 914
5056 Foothills Dr F Condo $350,000 3 2 1252
4418 Thunder Vista Ln Condo $385,000 3 3.5 2040
1121 Devon Ln Detached $550,000 5 3 2968
4680 Upper Dr Detached $575,000 3 2 1656
13876 Provincial Hill Dr Detached $725,000 4 3.5 2798
15845 Alston Way Detached $755,000 4 2.5 2682
2675 Dellwood Dr Detached $775,000 4 3 3128
5332 Lower Dr Detached $795,000 4 2.5 2600
3355 Upper Dr Detached $825,000 4 2 3126
1403 Greentree Circle Detached $829,000 5 4.5 4047
3115 Rosemary Ln Detached $839,900 4 2.5 3220
1100 Tyndall Ct Detached $950,000 3 2.5 3142
1976 Palisades Terrace Dr Detached $1,050,000 4 2.5 3898
12808 Elk Rock Rd Detached $1,100,000 5 3.5 3970
1500 Ridgecrest Dr Detached $1,950,000 5 5 4817

Pending Sales (Mar 13-19, 2017)

Address Type Price BR Baths Sq Ft CDOM
16250 Pacific Hwy #43 Condo $229,000 2 2 1311 189
1658 Greentree Rd Detached $479,000 4 3 2394 3
5717 Langford Ln Detached $487,500 3 3 1800 8
145 Del Prado St Detached $525,000 3 2 2074 3
5966 Frost Ln Detached $550,000 4 2.5 2036 6
17872 Pilkington Rd Detached $559,900 3 2 1610 169
15155 Brook Ct Detached $559,900 4 3 2388 5
1641 Devon Ln Detached $619,000 4 2.5 2013 9
17372 Hunter Ct Detached $629,900 3 2.5 3424 229
37 Churchill Downs Detached $634,000 3 2.5 2410 6
2388 Overlook Dr Detached $650,000 4 3 2765 23
15939 Twin Fir Rd Detached $664,900 3 2 2480 131
1510 Cherry Crest Dr Detached $714,000 6 4 3786 3
3333 Royce Way Detached $729,000 3 2.5 2697 44
4265 Albert Circle Detached $779,000 5 3.5 3022 189
13745 Cameo Ct Detached $895,500 4 3 3380 10
776 Carrera Ln Detached $1,000,000 4 3 3449 25
13052 Knaus Rd Detached $1,299,000 3 3 2292 5
17327 Kelok Rd Detached $1,299,000 3 3 2292 5
17104 Cedar Rd Detached $1,599,000 3 3 3310 263
2600 Glenmorrie Dr Detached $1,695,430 4 3.5 4232 0

Sold/Closed (Mar 13-19, 2017)

Address Type List Price Sold Price Sq Ft CDOM
24 Crestfield Ct Condo $149,900 $165,000 698 19
4092 Coltsfoot Ln Detached $684,750 $684,750 2,405 4
142 Cornell Ct Detached $1,195,000 $930,000 2,918 173

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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George Rogers Park

I just came in from a nice long walk along the Willamette River that inspired me to tell you about George Rogers Park.

George Rogers Park is located on South State Street where it intersects with McVey. 26 acres in size, it includes an athletic field, tennis courts, a play ground, river access, and probably most famously, the Iron Furnace. The river front has got a sandy beach and it’s a good spot to fish, put in a canoe, and just generally play in the water.

The Iron Furnace is on the National Register of History Places. Oswego’s history goes back to the day when iron ore was discovered in the hills around Sucker Lake (now Oswego Lake) and the industrialists of early Oregon thought that Lake Oswego would become the Pittsburg of the West. It actually was a very significant part of Oregon history. Prior to 1867, the iron used anywhere on the West Coast, including San Francisco, Seattle, and Los Angeles, had to be brought around the horn of South America from the East Coast. The Iron Furnace in Lake Oswego changed that. And when you see iron work on old buildings in downtown Portland, you are likely looking at iron that was smelted in Lake Oswego.

George Rogers Park carries this theme artistically through the arbors, stone work, and even the shape of the grills on the fire rings.

It’s a lovely park. It has picnic areas that are covered and can be reserved for parties and special events.

I like to park may car there and walk South across Oswego creek and onto the paved path that winds through a gorgeous waterside forest and out onto River Rd. It goes all the way into West Linn. It’s mostly flat and has very little traffic. On a nice sunny day it’s pretty busy with bikes, runners, and walkers. I
highly recommend it.

One of the strangest houses in Lake Oswego can be seen along this path. I am going to tell you the story as it was told to me, by a contractor who worked on the house when it was being built. The house sits on a concrete piling that I believe was part of either the iron ore manufacturing or perhaps the cement manufacturing that happened slightly North of the spot in about the 1950’s. Somehow the piling was aquired by a private party who decided to build a house on it. The house was about 75% built when the owner ran out of money and it was abandoned. To my knowledge it has never been lived in. The glass windows and bridge access that I remember from when I first saw it are long gone. Now it almost looks haunted. I’m sure many walkers wonder what they are looking at when they see it today. So now you know.

We may not yet be having hot sunny days, but we are having beautiful winter-almost-spring-days like the one that we have had today. Get out and enjoy it!
Dianne

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Market Activity Feb 20-26, 2017

Last week in Lake Oswego we had 12 new listings come onto the market, 22 properties receiving offers and go into pending status, and 8 houses that became sold/closed transactions. I know I am watching these numbers and waiting for them to kick into spring time gear. It still feels a bit slow, but I don’t expect that to last for long. Time will tell…..

Following is the breakdown for you according to RMLS:

New on Market (Feb 20-26, 2017)

Address Type Price BR Baths Sq Ft
318 Cervantes Circle Condo $189,900 2 1 832
201 Cervantes Condo $229,000 2 1.5 1216
1180 Oxford Dr Detached $409,900 3 3 1760
16393 Kimball St Detached $475,000 3 2 1522
2388 Overlook Dr Detached $650,000 4 3 2765
5522 Royal Oaks Dr Detached $715,000 4 2.5 2770
4036 Melissa Dr Detached $789,000 4 3.5 3118
2481 Marylshire Ln Detached $799,000 4 3.5 4154
17656 Kelok Rd Detached $1,238,000 3 3.5 3290
17626 Kelok Rd Detached $1,324,000 4 3.5 3909
4250 Upper Dr Detached $1,580,000 4 3.5 4337
16865 Greenbrier Rd Detached $2,595,000 5 5 6104

Pending Sales (Feb 20-26, 2017)

Address Type Price BR Baths Sq Ft CDOM
86 Kingsgate Rd F-206 Condo $164,900 2 2 840 1
24 Oswego Summit Condo $199,000 2 2 1140 5
44 Eagle Crest Dr #28 Condo $209,950 3 2 1085 39
18225 SW 65th Ave Detached $225,500 3 1.5 1701 33
4 Touchstone #102 Condo $237,500 4 2 1488 129
550 S State St Condo $239,900 2 1 920 19
5228 Bonita Rd Detached $330,000 4 2.5 1800 26
15256 Boones Way Attached $424,500 2 2.5 1618 57
18455 Terry Detached $449,000 3 2 2257 8
19064 Benfield Ave Detached $465,000 4 2 1928 5
5750 Washington Ct Detached $539,900 3 2.5 2238 140
900 Devon Ln Detached $595,000 4 3 2234 8
14 Northview Ct Attached $638,500 4 3.5 3279 19
19080 Indian Springs Circle Detached $685,000 4 2 2406 7
2060 Ridge Pointe Dr Detached $740,000 5 2.5 4120 157
2022 Ridegewood Rd Detached $899,000 4 4 4072 41
776 Carrera Ln Detached $1,000,000 4 3 3449 4
15112 Quarry Rd Detached $1,099,000 5 3.5 3285 25
653 A Ave Detached $1,195,000 3 2.5 2628 146
4262 Upper Dr Detached $1,470,000 4 3.5 3982 0
18008 Greenbluff Dr Detached $1,750,000 3 3.5 4402 318
12384 Clara Ln Detached $2,000,000 4 2.5 2007 100

Sold/Closed (Feb 20-26, 2017)

Address Type List Price Sold Price Sq Ft CDOM
200 Burnham Rd #404 Condo $249,000 $218,500 1325 95
220 Ridgeway Rd Condo $259,900 $285,000 914 4
16758 Mellon Ave Detached $659,900 $665,000 2,622 7
4726 Upper Dr Res-Mfg $923,000 $781,000 2250 156
2107 Goodall Ct Detached $850,000 $860,000 3029 3
670 1st St Condo $900,000 $900,000 2767 156
1122 Bayberry Rd Detached $1,299,900 $1,299,900 3259 135
1210 Chandler Rd Detached $2,799,000 $2,550,000 7668 326

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 30-Feb 5, 2017

Last week in Lake Oswego there were 11 new listings, 23 properties that moved to pending status, and 13 properties that sold/closed.

Following is the breakdown for you according to RMLS:

New on Market (Jan 30-Feb 5, 2017)

Address Type Price BR Baths Sq Ft
168 Oswego Summit Condo $199,900 2 2 1383
550 State St Condo $245,900 2 1 920
4750 Upper Dr Detached $550,000 4 3 3091
17433 Schalit Way Detached $589,950 4 2.5 2350
15 Northview Ct Attached $638,500 4 3.5 3279
3333 Royce Way Detached $749,000 3 2.5 2697
819 Boca Ratan Dr Detached $814,000 4 3 2762
2050 Childs Rd Detached $1,200,000 4 4 4814
4394 Lords Ln Detached $1,350,000 4 3.5 3748
16586 Phantom Bluff Ct Detached $1,350,000 3 2.5 2523
18000 Eastridge Ln Detached $1,750,000 4 4.5 5610

Pending Sales (Jan 30-Feb 5, 2017)

Address Type Price BR Baths Sq Ft CDOM
4625 Lakeview Blvd Condo $129,000 1 1 753 8
24 Crestfield Ct Condo $149,900 1 1 689 19
169 Oswego Summit Condo $189,900 2 2 1383 289
326 Cervantes Circle 13-E Condo $189,900 2 1 832 10
200 Burnham Rd #404 Condo $234,000 2 2 1325 95
183 Oswego Summit Condo $247,000 2 2 1506 105
220 Ridgeway Rd Condo $259,900 2 1 914 4
19377 Sycamore Ave Detached $355,000 3 1 1008 3
200 Burnham Rd#210 Condo $369,900 3 2 1966 979
19061 Redwing Ct Detached $489,900 3 2 1611 20
4950 Centerwood St Detached $489,900 3 2 1871 201
5725 Windfield Loop Detached $538,000 3 2 1615 12
32 Da Vinci St Detached $619,000 5 3 3460 217
19477 35th Ct Detached $625,000 3 2 3276 53
13448 Auburn Ct Attached $649,900 3 2.5 2535 1
13483 Snowberry Ct Detached $765,000 4 2.5 3308 277
15853 Alston Way Detached $780,000 3 2.5 2689 518
1350 Ridgecrest Dr Detached $799,000 4 3.5 3534 209
205 5th St Detached $799,000 4 3 2556 77
849 F Ave Detached $1,124,900 3 2.5 2674 101
142 Cornell Ct Detached $1,195,000 3 3 2918 173
515 10th St Detached $1,199,000 4 2.5 2821 165
1622 Leslie Ln Detached $1,695,000 5 3.5+.5 5827 0

Sold/Closed (Jan 30-Feb 5, 2017)

Address Type List Price Sold Price Sq Ft CDOM
100 Kerr Pkwy #42 Condo $129,990 $126,500 822 4
3946 Carman Dr Condo $245,000 $245,000 1,129 0
5717 Bonita Rd Detached $478,000 $450,000 2,572 176
6244 Frost Ln Detached $500,000 $465,000 2304 164
937 F Ave Detached $575,000 $480,000 1382 4
4978 Suntree Ln Detached $535,000 $545,000 2348 1
18531 Waxwing Way Detached $565,000 $552,500 1920 53
4801 Heritage Ln Detached $627,500 $589,000 2205 113
2399 Palisades Crest Dr Detached $695,000 $655,000 4452 97
17920 Meadowlark Ln Detached $675,000 $675,000 2716 33
4079 Coltsfoot Ln Detached $759,900 $685,000 3308 528
5343 Greystoke Dr Detached $816,000 $866,840 3125 136
1790 Skyland Dr Detached $1,295,000 $1,275,000 5684 4

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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151 Oswego Summit Open Today!

034I am excited to introduce you to my new listing in Oswego Summit. I’ll be holding it open today from noon to 3pm.

Oswego Summit is at the very top of Mountain Park. It is a large condominium complex with many amenities including an indoor swimming pool, and outdoor swimming pool, a exercise room, and a meeting room for parties and larger gatherings.

005This condo is one of the larger in the complex with 1506 square feet. There are 2 large bedrooms and 2 full baths. The living room has a gorgeous fireplace and crown moldings. There is a utility room and a pantry off of the kitchen, and the square footage does not include a 24′ long sun room with Southern exposure. There is a single car, detached garage as well as a storage closet.

007Because it is located in Mountain Park, it is also part of the Mountain Park Home Owner’s Association. The features of this association include one of the metro area’s nicest pools that has an area designed for lap swimming as well as an area for kids and families with a huge slide and water play area. There is a basketball court and more exercise facilities. Along with the rec center, there are 15 miles of walking paths. This condominium affords not just a home, but a lifestyle.

14305243-14-sThe asking price is $199,900, a true value in Lake Oswego.

Please come by and say hello. I’d love to meet you!
Dianne

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Market Activity Jan 9-15, 2017

Having had 12″ snow fall that turned to ice and stayed on the ground for a week, last week was a bit slow. I’m looking forward to seeing the up tick in next week’s report now that we have thawed out. Our numbers last week were 9 new listings, 13 pending sales, and 4 sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Jan 9-15, 2017)

Address Type Price BR Baths Sq Ft
45 Oswego Summit Condo $109,899 1 1 764
151 Oswego Summit Condo $199,900 2 2 1506
3680 Spring Ln #2B Condo $269,900 3 2.5 1152
19061 Redwing Ct Detached $499,900 3 2 1611
17821 Sundown Ct Detached $599,000 4 2.5 3368
16758 Mellon Ave Detached $659,900 4 2.5 2622
13825 Melrose Pl Detached $924,000 5 4.5 4490
2022 Ridgewood Rd Detached $949,000 4 4 4072
18042 Skyland Circle Detached $1,225,000 5 3 4856

Pending Sales (Jan 9-15, 2017)

Address Type Price BR Baths Sq Ft CDOM
100 Kerr Pkwy #42 Condo $129,990 2 1.5 822 4
86 Kingsgate Rd D104 Condo $164,900 2 2 924 13
4 Touchstone #87 Condo $175,000 2 2 984 23
5057 Foothills Dr C Condo $309,900 3 2 1252 25
4724 Firwood Rd Detached $405,000 3 1.5 1240 29
18220 Indian Creek Dr Detached $479,000 4 2 1736 62
18531 Waxwing Way Detached $550,000 4 3 1920 53
1838 Oak Knoll Ct Detached $595,000 4 2.5 2557 102
32 Da Vinci St Detached $619,000 5 3 3460 193
1900 Greentree Rd Detached $629,900 4 3 3032 164
4079 Coltsfoot Ln Detached $699,900 4 4 3308 528
1 Dover Way Detached $895,000 4 3 3559 93
17833 Marylcreek Dr Detached $960,000 5 4.5 5495 136

Sold/Closed (Jan 9-15, 2017)

Address Type List Price Sold Price Sq Ft CDOM
5050 Lower Dr Detached $299,900 $287,500 1375 86
37 Touchstone Detached $445,000 $430,000 2,573 7
19235 Redwing Ct Detached $485,000 $470,000 2,084 130
16 Becket St Detached $625,000 $589,000 3203 126

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

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Happy New Year

As we wind down 2016, and prepare to ring in 2017, I want to share with you some of the most gorgeous photos of our fine city that I have ever seen. These were taken about 2 weeks ago during our big snow and ice event by Clifford Paguio Jr. They are shared with his permission. Thank you Clifford.
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Linda, Whitney, and I want to wish you every happiness in the coming New Year. May 2017 bring you and yours happiness, good health, prosperity, and, of course, the realization of your real estate dreams.

Dianne