Author: Dianne Gregoire

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Do Houses Sell in the Winter?

When counseling people at this time of year, particularly people who are thinking of selling their homes, I am commonly asked if this is a good time to sell a house. Here is my take on the timing for both selling and buying.

For People Selling a Home
While the real estate market typically slows down during the winter, and particularly during the holidays, the fact remains that houses sell all year around. I see several advantages to selling at this time of year.

First, there are fewer houses for sell, so there is less competition. A well priced and well staged home will really stand out. The time of year also gives you some staging opportunities with holiday decor and lighting. It needs to be done tastefully. You don’t want your house to look like a holiday garage sale. Choose your decorating carefully and don’t over do it. Please do turn on every light in the house for showings.

Second, if a corporation aligns its fiscal year to the calendar year, it means that more executives get transferred at this time of year. Corporations like to plan for the year end and expense out as much as possible. So if you are a seller at this time of year, you may find more highly qualified executives on the move.

Third, people who are shopping for a house at this time of year are MOTIVATED. It is certainly easier to move during nice weather and when your time is not consumed by holiday obligations. So while there may be fewer buyers, the quality of buyers is quite high.

"A Walk in the Rain", Marcel Germain
“A Walk in the Rain”, Marcel Germain

For People Thinking of Buying a Home

This is an absolutely optimum time of year to buy, for several reasons.

First, historically interest rates are lower in the winter than at other times of the year. Mortgage companies need to be making loans to be making money. When the market slows down, lenders tend to lower interest rates to make lending their money more attractive to buyers. So you may be able to get a better rate at this time of year than you will next spring.

Second, there is no better time of year to do a home inspection. If there is a water issue, it will be more likely found during the active rainy season. That is not to say that a good home inspector won’t find evidence of water issues in the bone dry days of July. Water does after all leave water marks and stains. But in the full throws of winter, water is actively engaging with the house and it can be very easily seen and figured out.

Last, if a house looks good at 4:30 on a gray November day, it is going to look sensational on a 75 degree day in May. Seriously, a house that looks good in the winter will knock your socks off in the summer.

What it really boils down to is do you need to be making your move now? If you do, don’t hesitate to get into the market to either buy or to sell. This is a great time of year to do both.

Dianne

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Market Activity Oct 28-Nov 3, 2013

I really enjoy doing this report. It gives me time to really look at trends and see the basic numbers of what is happening in the market. While the market has slowed a bit, which is completely normal at this time of year, it remains strong for selling. This is because the number of homes coming onto the market remain slightly less than the number that are going into pending status. Last week in Lake Oswego 11 new listings came onto the market, 12 went into pending status, and 16 became closed sales.

New Listings October 28 to November 3, 2013

96 Oswego Summit, a condo, 1 BR, 1 Bath, 764 SF, $79,900

15938 Quarry Rd 4-A, a condo, 2 BR, 1 Bath, 991 SF, $139,500

3101 McNary Pdwy #12, a condo, 2 BR, 2.5 Baths, 1726 SF, $223,400

1531 Bonniebrae Dr, a condo, 3 BR, 1.5 Baths, 1303 SF, $244,900

5164 Lakeview Blvd, detached, 4 BR, 2 Baths, 1120 SF, $246,000

61 S Condolea Terrace, a condo, 3 BR, 2.5 Baths, 2373 SF, $395,000

751 Briercliff Ln, detached, 4 BR, 3 Baths, 2534 SF, $508,500

885 Lake Forest Dr, detached, 4 BR, 3 Baths, 2186 SF, $575,000

3333 Royce Way, detached, 4 BR, 3 Baths, 2697 SF, $609,007

3826 Upper Dr, detached, 4 BR. 2.5 Baths, 3194 SF, $739,900

13276 Deerfield Ct, detached, 4 BR, 2.5 Baths, 3066 SF, $749,000

Pending Sales October 28-November 3, 2013

86 Kingsgate Rd C204, a condo, 2 BR, 2 Baths, 938 SF, $100,000, 10 DOM

4000 Carman Dr #60, a condo, 2 BR, 2 Baths, 866 SF, $131,000, 198 DOM

45 Eagle Crest Dr #409, a condo, 2 BR, 2 Baths, 1214 SF, $150,000, 60 DOM

1484 Boca Ratan Dr, a townhouse, 3 BR, 1.5 Baths, 1403 SF, $199,990, 115 DOM

16250 Pacific Hwy #64, a condo, 2 BR, 2 Baths, 1305 SF, $249,000, 60 DOM

6025 Kenny St, detached, 3 BR, 1.5 Baths, 1254 SF, $309,900, 99 DOM

719 Timberline Dr, detached, 3 BR, 2.5 Baths, 2176 SF, $349,000, 3 DOM

4763 Hastings Pl, detached, 4 BR, 2.5 Baths, 2442 SF, $549,000, 4 DOM

13601 Twin Creek Ln, detached, 4 BR, 2.5 Baths, 3156 SF, $599,500, 12 DOM

19342 Riverwood LN Lot6W, detached, 4 BR, 2.5 Baths, 2806 SF, $604,900, 282 DOM

1055 Country Club Rd, detached, 2 BR, 2 Baths, 2908 SF, $749,000, 73 DOM

4153 Westbay Rd, detached, 4 BR, 3.5 Baths, 3374 SF, $1,349,000, 132 DOM

Closed Sales October 28-November 3, 2013

100 Kerr Pkwy #41, a condo, original price $105,000, closed price $104,000, 822 SF, 57 DOM

159 Oswego Summit, a condo, original price $179,000, closed price $170,000, 1506 SF, 103 DOM

16291 Lake Forest Blvd, detached, original price $269,950, closed price $225,000, 762 SF, 118 DOM

837 Country Club Rd, detached, original price $425,000, closed price $320,000, 1729 SF, 138 DOM

4200 Westbay Rd, detached, original price $419,000, closed price $345,000, 944 SF, 101 DOM

2530 Orchard Hill Pl, detached, original price $377,500, closed price $377,500, 2208 SF, 2 DOM

18759 Hillside Way, detached, original price $417,000, closed price $394,000, 3926 SF, 61 DOM

4361 Albert Circle, detached, original price $449,900, closed price $430,000, 2472 SF, 19 DOM

895 York Rd, detached, original price $479,000, closed price $440,000, 1924 SF, 39 DOM

1 Hidalgo St, detached, original price $448,500, closed price $448,500, 2489 SF, 97 DOM

14101 Redwood Ct, detached, original price $605,000, closed price $501,000, 2629 SF, 8 DOM

246 Greenwood Rd, detached, original price $589,900, closed price $540,000, 1899 SF, 73 DOM

4848 Hastings Dr, detached, original price $535,000, closed price $542,500, 2174 SF, 1 DOM

832 Hoodview Ln, detached, original price $699,000, closed price $680,000, 2456 SF, 10 DOM

18024 Skyland Circle, detached, original price $1,000,000, closed price $900,500, 3960 SF, 136 DOM

2240 Summit Ct, detached, original price $2,595,000, closed price $2,375,000, 5036 SF, 93 DOM

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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Open Houses 11/3/13

This Sunday in Lake Oswego there are 24 open houses scheduled. Enjoy!

44 Eagle Crest, a condo, $123,900, 2 BR, 1 Bath, open 1 to 3

6397 McEwan Rd, a house, $289,900, 3 BR, 2 Baths, open 1 to 4

1602 Greentree Rd, a house, $399,950, 4 BR, 2 Baths, open 11:30 to 1:30

1571 Woodland Terrace, a house, $498,900, 3 BR, 2 Baths, open 12 to 4

5101 Dawn Ave, a house, $574,000, 5 BR, 3 Baths, open 11 to 2

11 Masaryk St, a house, $585,000, 5 BR, 4 Baths, open 1 to 3

18343 Anduin Terrace, a house, $599,000, 4 BR, 2.5 Baths, open 2 to 4

14 Del Prado St, a house, $599,999, 5 BR, 3.5 Baths, open 1 to 3

3435 Lake Grove Ave, a house, $604,900, 4 BR, 3 Baths, open 1 to 3

19524 River Run Dr, a house, $618,950, 4 BR, 2.5 Baths, open 1 to 3

5522 Royal Oaks Dr, a house, $624,500, 4 BR, 2.5 Baths, open 1 to 3

621 Country Club Rd, a house, $625,000, 4 BR, 2.5 Baths, open 11 to 1

17632 Woodhurst Pl, a house, $699,900, 5 BR, 4.5 Baths, open 2 to 4

144 Leonard St, a house, $725,000, 4 BR, 3.5 Baths, open 1 to 3

13276 Deerfield Ct, a house, $749,000, 4 BR, 2.5 Baths, open 1 to 3

18112 Westminster Dr, a house, $750,000, 5 BR, 4 Baths, open 1 to 4

2070 Wembley Park Rd, a house, $850,000, 5 BR, 4.5 Baths, open 12:30 to 2:30

18325 River Edge Ln, a house, $919,000, 3 BR, 3.5 Baths, open 1 to 3

19463 Lorna Ln, a house, $920,000, 3 BR, 3.5 Baths, open 1 to 3

735 7th St, a house, $939,000, 3 BR, 3.5 Baths, open 1 to 5

752 E Ave, a house, $998,500, 3 BR, 3 Baths, open 12 to 2

624 Atwater Rd, a house, $1,069,000, 5 BR, 3.5 Baths, open 2 to 4

13310 Atwater Ln, a house, $1,295,000, 5 BR, 4 Baths, open 3 to 5

17353 Canal Circle, a house, $1,590,000, 5 BR, 4 Baths, open 11 to 1

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Featured Property: 17856 Robin View Ct

Robin View 033I am proud to introduce you to 17856 Robin View Ct. Full disclosure here: this house is just South of the Lake Oswego city limits and is actually located in West Linn. However, it is waterfront property and I do believe a person shopping for a house on the water in Lake Oswego would also likely look at this property.

This is a truly special house. Designed by Walter Gordon, it was built in 1956. Walter Gordon was a well-known Northwest Architect who at one time was the Director of the Portland Art Museum as well as the Dean of the School of Architecture at U of O.

The current owner has respected the significance of the original design and the architectural integrity remains intact.

Robin View 026You enter the house through an understated entry that then opens into an amazing clerestory greatroom that features a floor-to-ceiling stone and copper fireplace. The greatroom includes the main living area, the dining room, a den, and a library. All are paneled is rich wood. There is a wall of windows that looks out to the Willamette River.

The house is situated on a private .68 acre lot that has river frontage on the Willamette. There is a level grass area near the water for recreation. The house itself sits up off of the river and has river views from most major rooms.

Robin View 005Here are the specifics:
Built in 1956
3735 square feet
4 bedrooms (2 are non-conforming)
3 baths
Greatroom + Familyroom
Cedaroak Elementary
Rosemont Ridge Jr High
West Linn High
Offered at $895,000

I will be holding this house open this Sunday from Noon to 2pm. Please follow the signs from River Road.

Looking forward to seeing you on Sunday,
Dianne

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Market Activity Oct 14-20, 2013

New listings seem to have slowed down last week with just 12 houses entering the market, but pending sales remained strong at 22, and closed sales at 14.

New Listings

86 Kingsgate Rd C204, Condo, 2 BR, 2 Baths, 938SF, $100,000

3808 Botticelli St, Condo, 3 BR, 2 Baths, 1288SF, $189,900

210 S State St, Condo, 2 BR, 1 Bath, 1284SF, $225,000

28 Greenridge Ct, Attached, 3 BR, 2 Baths, 1900SF, $294,950

2440 Greentree Rd, Detached, 3 BR, 1.5 Baths, 1850SF, $349,900

2275 Glen Haven Rd, Detached, 3 BR, 1.5 Baths, 1800SF, $399,000

3595 Tempest Dr, Detached, 3 BR, 2 Baths, 2126SF, $424,900

1571 Woodland Terrace, Detached, 3 BR, 2 Baths, 2400SF, $498,900

17575 Blue Heron Ct, Detached, 3 BR, 3.5 Baths, 2972SF, $599,900

13601 Twin Creek Ln, Detached, 4 BR, 2.5 Baths, 3156SF, $630,000

1168 Andrews Rd, Detached, 3 BR, 3 Baths, 1851SF, $725,000

17224 Cedar Rd, Detached, 3 BR, 2 Baths, 3098SF, $850,000

Pending Sales

47 Eagle Crest, Condo, 3 BR, 2 Baths, 1026SF, $119,900, 153DOM

15938 Quarry Rd B-4, Condo, 2 BR, 1 Bath, 991SF, $138,000, 184DOM

143 Oswego Summit, Condo, 3 BR, 1 Bath, 1212SF, $146,000, 24DOM

17500 Pilkington Rd, Detached, 3 BR, 1 Bath, 1050SF, $204,900, 119DOM

5813 Kennycroft Way, Detached, 3 BR, 1 Bath, 1182SF, $265,900, 107DOM

29 Greenridge Ct, Attacahed, 3 BR, 2 Baths, 1730SF, $279,900, 5DOM

4281 Cobb Way, Detached, 3 BR, 2 Baths, 1626SF, $349,900, 3DOM

3285 Childs Rd, Detached, 4 BR, 3 Baths, 2780SF, $350,000, 28DOM

643 2nd St, Attached, 2 BR, 2 Baths, 1457SF, $400,000, 39DOM

23 Da Vinci St, Detached, 3 BR, 2.5 Baths, 2024SF, $425,000, 8DOM

18321 Wood Thrush Circle, Detached, 3 BR, 2.5 Baths, 2333SF, $458,500, 71DOM

16838 Wight Ln, Detached, 4 BR, 2.5 Baths, 2364SF, $464,500, 85DOM

830 4th St, Detached, 3 BR, 2 Baths, 1690SF, $528,000, 63DOM

15677 Fieldstone Dr, Detached, 3 BR, 2.5 Baths, 2527SF, $546,500, 69DOM

4121 Hedge Nettle Ct, Detached, 3 BR, 2.5 Baths, 2307SF, $552,500, 244DOM

17973 Saint Clair Dr, Detached, 4 BR, 3 Baths, 3323SF, %550,000-$565,500, 27DOM

5780 Childs Rd, Detached, 4 BR, 2 Baths, 2770SF, $629,000, 149DOM

13520 Knaus Rd, Detached, 4 BR, 3 Baths, 2641SF, $699,000, 15DOM

19363 Riverwood Ln, Detached, 4 BR, 3 Baths, 2984SF, $719,000, 783DOM

17342 Ridgeview Ct, Detached, 4 BR, 3.5 Baths, 4240, $1,250,000, 66DOM

13050 Knaus Rd, Detached, 4 BR, 3.5 Baths, 4821SF, $1,395,000, 9DOM

425 G Ave, Detached, 4 BR, 2.5+.5 Baths, 3890SF, $1,400,000, 91DOM

Sold Listings

70 Galen ST, Condo, listed $135,000, Sold $99,000, 923SF, 231DOM

3836 Botticelli St, Attached, listed $138,000, sold $100,000, 1055SF, 315DOM

86 Kingsgate Rd #27, Condo, listed $107,500, sold $107,500, 938SF, 6DOM

5056 Foothills Dr D, Condo, listed $259,000, sold $205,000, 1252SF, 195DOM

6241 Wayzata Ct, Detached, listed $270,000, sold $245,000, 1232SF, 67DOM

17833 Central Ave, Detached, listed $339,000, sold $324,000, 1533SF, 25DOM

17140 Wall St, Detached, listed 455,000, sold $455,000, 3711SF, 6DOM

810 9th St, Detached, listed $535,000, sold $535,000, 2510SF, 0DOM

4836 Hastings Dr, Detached, listed 630,000, sold $600,000, 2855SF, 32DOM

14370 Uplands Dr, Detached, listed $699,000, sold $683,000, 3036SF, 42DOM

547 Middlecrest Rd, Detached, listed 699,000, sold $683,000, 3036SF, 116DOM

17555 Brookhurst Dr, Detached, listed $710,000, sold $710,000, 3846SF, 1DOM

17878 Hillside Dr, Detached, listed $754,900, sold $750,000, 3594SF, 1DOM

19575 35th Ct, Detached, listed $1,135,000, sold $997,000, 6081SF, 43DOM

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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Open Houses 10/20/13

This Sunday there will be 28 Open Houses in Lake Oswego. We are having a glorious, sunny weekend, so it should be a great day to tour. Enjoy!

45 Eagle Crest #409, 2 BR, 2 Baths, $150,000, Open 1 to 3

3595 Tempest Dr, 3 BR, 2 Baths, $424,900, Open 12 to 3

87 Ash St, 3 BR, 2 Baths, $429,900, Open 1 to 3

16038 Reese Rd, 3 BR, 3 Baths, $449,000, Open 1 to 3

5456 Willow Ct, 3 BR, 2.5 Baths, $469,000, Open 1 to 3

6192 Harrington Ave, 5 BR, 3 Baths, $479,900, Open 12 to 2

15677 Fieldstone Dr, 3 BR, 2.5 Baths, $546,500, Open 12 to 2

3435 Lake Grove Ave, 4 BR, 3 Baths, $604,900, Open 1 to 4

18020 Jennifers Way, 4 BR, 2.5 Baths, $609,889, Open 12 to 3

19524 River Run Dr, 4 BR, 2.5 Baths, $618,950, Open 12 to 2

2478 Marylview Ct, 5 BR, 3 Baths, $619,000, Open 1 to 3

14412 Meadow Grass St, 5 BR, 2.5 Baths, $619,900, Open 2 to 4

5522 Royal Oaks Dr, 4 BR, 2.5 Baths, $624,500, Open 12 to 3

113601 Twin Creek Ln, 4 BR, 2.5 Baths, $630,000, Open 1 to 3

421 Middlecrest Rd, 3 BR, 2.5 Baths, $645,000, Open 1 to 3

18042 Jenifers Way, 4 BR, 3 Baths, $657,950, Open 12:30 to 3

5831 Suncreek Dr, 4 BR, 2.5 Baths, $659,900, Open 1 to 3

18064 Jenifers Way, 5 BR, 3 Baths, $667,950, Open 12:30 to 3

5728 Bay Creek Dr, 5 BR, 2.5 Baths, $719,900, Open 2 to 4

13562 Peters Rd, 4 BR, 3 Baths, $875,000, Open 2 to 4

4540 Lamont Way, 4 BR, 2.5 Baths, $899,950, Open 3 to 5

2801 Lakeview Blvd, 3 BR, 3.5+.5 Baths, $925,000, Open 12 to 4

2671 Glen Eagles Rd, 3 BR, 3 Baths, $950,000, Open 1 to 3

14110 Goodall Rd, 4 BR, 3.5 Baths, $995,000, Open 12 to 2

2943 Lakeview Blvd, 4 BR, 3 Baths, $1,095,000, Open 1 to 3

853 D Ave, 4 BR, 3.5 Baths, $1,250,000, Open 2 to 4

16777 Phantom Bluff Ct, 4 BR, 2.5+.5 Baths, Open 1 to 3

67 Nansen Summit, 6 BR, 4 Baths, $1,500,000, Open 1 to 3

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14 Mistakes that can Hurt Your Home’s Value

ST359S_PICMSN Real Estate recently had an excellent article on things people do to homes that actually devalues them. I thought the list was pretty spot on, and so I want to share it with you here. I will also give you my take on each item.

Over Developing for your Area
Your home is directly affected by the surrounding homes in your area. That old adage location, location, location really does hold true. So don’t expect to get all of your money back if the surrounding properties are selling for significantly less.

Inconsistent Remodeling
My personal pet peeve is when a great old house gets gutted and made “up-to-date”. 1980’s kitchens in 1920’s bungalows and just horrible. When you remodel, try to respect the style of the home and work within it’s parameters. You must have liked it at least a little, otherwise you wouldn’t have bought the house, right?

Fully Enclosing a Front Porch
While it may be a good way to create an entry space, it really has a huge impact on the curb appeal of the house. Consider doing a partial enclosure, or perhaps screened porch.

Too Much “You” in Your Home
I once toured a house with about a 100 dolls displayed. They were having little tea parties and sitting on doilies. This creates a total distraction that most people don’t relate to. It certainly puts off potential buyers.

Messing Up the Floorplan
A floor plan should be easy to maneuver in. You shouldn’t have to go through rooms to get to other rooms such as adding a bedroom to the back of a bedroom. If it seems odd, it is.

Keeping an Above-Ground Pool
No one wants to have to remove and take away other people’s abandoned toys. They are also a bit of a monolith to look at. Get rid of it.

Tackling Big Projects Yourself
While the temptation to save money may be strong, you could actually loose money in the end. Get it done right. It needs to look like it was professionally done.

Over-stuffing a Remodel
Less can actually be more. Over-filling a space will make it feel small and cramped. Declutter to enlarge rooms. They should feel spacious and bright.

Too Trendy
This is a tough one. If you are buying a new home, building an addition, or remodeling an existing home, you are restricted by what you can find to purchase. So the show rooms and stores are going to have what is current and popular today. I see 2 solutions: stick with classic colors and styles, or consider shopping at stores that recycle and resell house parts. The author of the article that I obtained this list from specifically mentioned the little skinny tiles currently being used in counter back splashes. It is true that they just scream 2013. But if you like them, use them. Just know that in a few years they’ll we need to be replaced.

Converting the Garage
If you do a garage conversion, leave the door and door tracks in place so that it can be easily converted back. This will preserve the curb appeal of the house and allow a future owner to retain the garage.

Not Getting Permits
Don’t even think of doing remodeling without proper permits. Not only will it create an obstacle at the time of resale, but it could have serious consequences if you ever make a claim with your home owner’s insurance.

Keeping Brass
Brass that was so popular in the 1990’s is out, out, out. You can buy bathroom conversion kits for things like shower doors, and then go after changing out the hinges, knobs, and light fixtures. This sort of project is rather labor intensive. Consider doing it a bit at a time so that after a few months it’s complete. I think this is one of the single easiest items to do to improve value.

thOver-the-top Colors
No, purple is not a good idea. Over-powering decorating is a total distraction. Having said this, don’t be afraid of color. All white is not currently very popular either. My advice is to go and visit some new neighborhoods with model homes. Builders hire designers to tastefully select colors. You’ll get some good ideas that should be pretty safe.

Ignoring Flaws
This one is a bit like the frog in the pan of slowly heated water. We live in our homes and get used to them. When the house is listed for sale, all of those little things you have grown used to may be just the combination that keeps the house from selling. And the single biggest flaw that is easily fixed is cleaning the house. Clean it top to bottom, every window, every closet. Make it sparkle.

I hope you find this helpful.
Dianne

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Market Activity Sept 30-Oct 6, 2013

Last week was extremely balanced with near equal numbers in all categories: 15 new listings, 15 pending sales, and 19 closed sales.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Sept 30-Oct 6, 2013):

Address Type Price BR Bths SF
4000 Carman Dr #79 Condo $135,000 2 2 993
4 Touchstone #62 Condo $159,500 3 2.5 1351
5054 Foothills Dr C Condo $239,000 3 2 1252
19113 Terry Ave Detached $359,900 4 2 1454
924 Laurel St Detached $360,000 3 2 1965
5456 Willow Ct Attached $469,000 3 2.5 2423
17125 Fernwood Dr Detached $478,000 3 3 2688
4545 Dogwood Dr Detached $499,500 3 2 2483
6122 Carman Dr Detached $525,000 4 2 1508
3435 Lake Grove Ave Detached $619,900 4 3 2618
18994 Bryant Rd Detached $699,000 4 2.5 3146
13520 Knaus Rd Detached $699,000 4 3 2641
13900 Goodall Rd Detached $1,299,000 5 3.5 4282
13050 Knaus Rd Detached $1,395,000 4 3.5 4821
16743 Graef Circle Detached $1,495,000 4 2.5 3772

PENDING SALES (Sept 30-Oct 6, 2013)

Address Type Price BR Baths SF DOM
284 Cervantes Circle Condo $100,000 2 2 1052 238
70 Galen St Condo $105,000 2 1 923 231
5225 Jean Rd #401 Condo $129,900 2 2 1080 153
220 Cervantes #c Condo $185,000 2 2 1378 12
6 Oriole Ln Condo $265,000 3 2.5 1539 6
765 Maple Ln Detached $335,000 3 2 1998 68
4361 Albert Circle Detached $429,900 3 2.5 2472 19
1 Hidalgo St Detached $448,500 3 2.5 2489 97
2727 Glen Haven Rd Detached $449,900 3 2 2518 3
13008 Rodgers Rd Detached $479,000 4 2.5 2448 116
14058 Chatham Ct Detached $519,900 3 2.5 2235 4
13250 Sandalwood Ct Detached $539,000 3 2.25 2842 1154
622 Carrera Ln Detached $899,000 4 4.5 5446 84
15411 Village Dr Detached $899,900 4 3.5 3809 7
686 8th St Detached $995,000 4 3 3200 40

SOLD (Sept 30-Oct 6, 2013)

Address Type List Price Closed Price Sq Ft CDOM
668 McVey Ave #15 Condo $117,000 $116,000 636 1
3864 Botticelli St Condo $174,950 $172,000 1132 4
5051 Foothills Dr E Condo $189,900 $190,000 991 6
16616 Lake Forest Blvd Detached $229,000 $209,000 1,056 2
668 McVey Ave Condo $210,000 $210,000 852 1
18420 Don Lee Way Detached $255,000 $243,000 924 68
200 Burnham Rd #209 Condo $295,000 $280,000 1305 28
1274 Hallinan Circle Detached $339,900 $339,900 1337 1
668 McVey Ave #32 Condo $379,000 $360,000 992 24
4286 Orchard Way Detached $478,500 $443,500 1998 73
429 10th St Detached $495,000 $448,786 2280 25
33 Spinosa Detached $459,000 $450,000 2215 60
303 Lake Bay Ct Detached $485,000 $457,400 1560 95
2234 Fernwood Circle Detached $499,900 $460,000 3000 175
32 Westridge Dr Detached $579,900 $499,900 3653 158
5501 Rachel Ln Detached $749,888 $640,000 3509 304
17900 Greenbluff Dr Detached $850,000 $725,000 4210 211
817 Hoodview Ln Detached $769,000 $735,000 3446 30
14635 Uplands Dr Detached $819,000 $799,000 3941 56

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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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
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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