Market Activity March 18-24, 2013

It was a busy week in real estate in Lake Oswego last week. We had 9 new listings, 27 pending sales, and 14 closed sales. The buyers are out there!

Here are further details regarding last week’s Market Activity:

NEW SALES (Mar 18-24, 2013):

Address Type Price BR Bths SF
4 Touchstone Condo $115,000 2 2 984
5213 Rosewood St Detached $389,900 3 2.5 1934
580 2nd St Condo $397,500 2 1.5+.5 1464
15495 Tanager Dr Detached $410,000 4 2.5 2255
16168 Lake Forest Blvd Detached $449,900 4 3 2276
17125 Warren Ct Detached $489,900 4 2.5 2705
557 2nd St #205 Condo $680,000 2 2.5 1833
3480 Upper Dr Detached $749,000 3 2.5 2571
4190 Chad Dr Detached $749,500 4 3.5 3756
14393 Amberwood Circle Detached $820,000 5 3.5 3692

PENDING SALES (Mar 18-24, 2013)

Address Type Price BR Baths SF DOM
4620 Lower Dr Condo $75,000 2 1.5 1160 107
208 Ridgeway Rd Condo $135,500 1 1 778 13
12632 Boones Ferry Rd Detached $204,000 2 2 1652 13
5020 Lakeview Blvd Detached $239,900 3 2 1192 1
16232 Bonaire Ave Detached $279,900 4 2.5 1792 17
4610 Lamont Way Detached $330,000 3 2 1750 10
18959 Kristi Way Detached $350,000 3 2 1778 33
2550 Greentree Rd Detached $359,900 4 3 2852 160
2593 Greentree Rd Detached $359,900 4 3 2215 7
1621 Larch St Detached $375,000 3 2.5 3040 138
1288 Rockinghorse Ln Detached $382,500 3 2 1742 111
4471 Chapman Way Detached $395,000 3 3 1989 1
4917 Mulholland Dr Attached $420,000 2 2.5 2403 58
2010 Greentree Rd Detached $420,000 4 2.5 2330 4
5099 Galen St Detached $429,500 4 2.5 2246 3
14520 Rainbow Dr Detached $429,900 4 2 2405 5
14336 Camden Ln Detached $432,500 4 2.5 2398 2
323 3rd St Attached $469,900 3 3.5 1959 205
686 Sunnyhill Dr Detached $499,900 4 2.5 2392 64
5450 Bay Creek Dr Detached $525,000 4 2.5 2386 5
940 Upper Devon Ln Detached $549,900 4 3 4464 295
2491 Overlook Dr Detached $579,990 4 3 3250 173
13282 Boones Ferry Rd Detached $585,000 4 2.5 3267 262
5554 Luce Ln Detached $589,900 5 3 3234 27
4036 Melissa Dr Detached $592,000 4 3.5 3118 17
17937 Kelok Rd Detached $675,000 5 2 2466 21
2960 Wembley Park Rd Detached $695,000 4 2.5 2000 252

SOLD (Mar 18-24, 2013)

Address Type List Price Closed Price Sq Ft CDOM
26 Crestfield Ct Condo $84,900 $89,100 989 11
44 Eagle Crest Dr #18 Condo $128,000 $128,000 1085 43
222 Cervantes D Condo $182,963 $181,000 1464 13
1028 Spruce St Detached $215,000 $230,100 1,140 42
466 5th St #14 Condo $299,900 $269,000 1092 175
1041 Hemlock St Detached $319,000 $293,000 2623 170
1449 Greentree Circle Detached $345,000 $295,000 1696 139
762 Maple St Detached $479,000 $449,000 2417 28
17802 Treetop Ln Detached $595,000 $514,000 3655 370
2770 Wembley Park Rd Detached $615,000 $588,000 3375 122
5028 Woodcrest Ln Lt14 Detached $608,000 $608,000 3063 218
17980 Meadowlark Ln Detached $645,000 $630,000 3252 1
15150 Glen Eagles Ct Detached $799,000 $759,900 2839 22
18785 Westview Dr Detached $1,795,000 $1,400,000 5508 274

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

Open Houses for 3/24/13

There will be 12 open houses in Lake Oswego this Sunday.  Enjoy.

Address Type Price Bedroom Bath Open
572 S State St Condo $149,921 2 1-Jan 1 to 4
18903 Terry Ave Detached $339,000 3 2 12 to 2
14423 Orchard Springs Rd Condo $379,900 3 2.5 1 to 4
5533 Fieldstone Ct Detached $599,500 4 2.5 1 to 3
18460 Ray Ridge Dr Detached $650,000 3 2.5 12 to 2
868 7th St Detached $699,900 4 3 12 to 2
2860 Upper Dr Detached $748,500 4 3.5 11 to 2
310 Iron Mountain Blvd Detached $1,100,000 4 2.5 3 to 5
112 Northshore Circle Detached $1,625,000 3 3.5 11 to 4
612 Ridgeway Rd Detached $2,299,000 4 3.5 12 to 2
17125 Warren Ct Detached $489,900 4 2.5 1 to 4
4102 Chad Dr Detached $658,800 4 2.5 1 to 4

Spring Around the Lake

I so look forward to spring. Longer days of sunlight, gradual warming, mowing the lawn for that first time, and the abundance of colorful flowers, it feels new everytime it happens.

I thought I’d share with you some of the gorgeous spring color, and also a poem by William Stafford. Mr. Stafford was a resident of Lake Oswego and is the City’s Poet Laureate.

Spring flowers 002

Spring flowers 004

 

 

 

 

 

 

Malheur before Dawn

An owl sound wandered along the road with me.
I didn’t hear it–I breathed it into my ears.

Little ones at first, the stars retired, leaving
polished little circles on the sky for awhile.

Then the sun began to shout from below the horizon.
Throngs of birds campaigned, their music a tent of sound.

From across a pond, out of the mist,
one drake made a V and said its name.

Some vast animal of air began to rouse
from the reeds and lean outward.

Frogs discovered their national anthem again.
I didn’t know a ditch could hold so much joy.

So magic a time it was that I was both brave and afraid.
Some day like this might save the world.

Spring flowers 001

Spring flowers 003

Happy spring,
Dianne

Market Activity March 4-10, 1013

It is so great to finally be back to longer hours of daylight! It means spring, flowers, and warner weather is on it’s way, but it also gives us more time to look at houses!

Last week’s market activity in Lake Oswego brought 23 new listings, 11 pending sales, and 9 closed sales.
Here are further details regarding last week’s Market Activity:

NEW SALES (Mar 4-10, 2013):

Address Type Price BR Bths SF
208 Ridgeway Rd Condo $135,500 1 1 778
572 S State St Condo $149,921 2 1 914
12623 SW Boones Ferry Rd Detached $204,000 2 2 1652
5860 Lakeview Blvd Detached $239,000 3 1 1435
118 Oak St Detached $285,000 3 1.5 1320
18540 Kristi Way Detached $295,000 3 1.5 1254
15205 Boones Way Attached $309,900 3 2 1600
14414 Orchard Springs Rd Detached $369,900 4 2.5 1890
562 2nd St #10 Condo $385,000 2 2.5 1302
2227 Hillside Dr Detached $495,000 4 3 3003
13276 Deerfield Ct Detached $499,000 4 2.5 3066
1701 Highland Dr Detached $499,900 4 3 3126
2234 Fernwood Circle Detached $499,900 4 3 3000
2830 Park Rd Detached $524,900 3 3.5 3115
1950 Green Acres Ln Detached $525,000 4 2.5 2659
4036 Melissa Dr Detached $592,000 4 3.5 3200
3130 Westview Ct Detached $649,000 4 3.5 3900
18460 Ray Ridge Dr Detached $650,000 3 2.5 3241
5876 Ridgetop Ct Detached $719,900 4 2.5 3280
13639 Twin Creek Ln Detached $724,990 4 2.5 3202
12808 Elk Rock Rd Detached $949,000 4 3.5 3718
1667 Village Park Ln Detached $975,000 5 3.5 5027
752 Lake Shore Rd Detached $1,379,000 3 3.5 3389

PENDING SALES (Mar 4-10, 2013)

Address Type Price BR Baths SF DOM
16232 Bonaire Ave Detached $279,900 4 2.5 1792 3
3190 Duncan Dr Detached $314,900 3 2.5 2401 101
6024 Fernbrook Circle Detached $349,900 3 2 1470 14
13005 Princeton Ct Detached $399,500 3 2.5 2294 141
1670 Fircrest Dr Detached $410,000 4 3 2000 121
600 Maple St Detached $445,500 3 2.5 2416 121
3110 Royce Way Detached $460,000 4 2.5 2732 9
2464 Marylhaven Pl Detached $539,000 4 2.5 2898 36
5322 Langford Ln Detached $689,950 5 3.5 3242 2
2094 Summit Dr Detached $698,000 4 3.5 3510 156
831 Northshore Rd Detached $800,000 3 2.5 2113 348

SOLD (Mar 4-10, 2013)

Address Type List Price Closed Price Sq Ft CDOM
55 Oswego Summit Condo $78,888 $64,000 721 246
517 Laurel St Detached $359,900 $330,000 2834 10
921 G Ave Detached $420,000 $430,000 1527 4
2709 Orchard Hill Pl Detached $440,000 $440,100 2,098 6
4673 Lakeview Blvd Detached $500,000 $492,000 2061 5
2927 Tolkien Ln Detached $639,000 $535,000 2819 220
17694 Marylbrook Dr Detached $559,000 $550,000 2758 104
568 9th St Detached $838,950 $785,000 2825 759
1150 Fairway Rd Detached $3,795,000 $3,075,000 8724 122

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

Open Houses 3/10/13

It’s going to be a great weekend with 12 houses being held open on Sunday.  Enjoy!

Address Type Price Bedroom Bath Open
118 Oak St Detached $285,000 3 1-Jan 1 to 3
14414 Orchard Springs Rd Condo $369,900 4 2.5 1 to 4
4502 Auburn Ln Attached $439,900 3 3.5 1 to 4
1429 Greentree Circle Detached $459,500 4 2.5 1 to 4
4890 Sage Hen Circle Detached $484,900 4 2.5 1:30 to 3
2227 Hillside Dr Detached $495,000 4 3 2:30 to 4:30
16792 Quail Ct Detached $548,950 3 2.5 1 to 3
5533 Fieldstone Detached $599,500 4 2.5 1 to 3
3130 Westview Ct Detached $649,000 4 3.5 1 to 4
4102 Chad Dr Detached $672,000 4 2.5 1 to 4
1222 Glenmorrie Dr Detached $699,999 4 3 1 to 4
1667 Village Park Ln Detached $975,000 5 3.5 1 to 3

 

Featured Property

16232 Bonaire AveBonaire 002

I am super excited to introduce you to my new listing in the Lake Grove neighborhood of Lake Oswego.  Here are the stats:

Built in 1961 with a master suite addition that was added in 1985

4 bedrooms, 2.5 baths, the house has a greatroom floorplan and is 1792 square feet.

This house is all on 1 level.

Now here is the highlight and most outstanding feature:  this house sits on a HUGE lot that is 75′ wide and 262′ deep.  You have space, space, and more space.  There is even a horse shoe pit.  The lot is not dividable, but rather meant to be enjoyed as a wonderful yard.  It is fully fenced.

Bonaire 018

The price of $279,900 reflects the fact that this house needs work.  It still has the original kitchen and baths.  It has been a rental for over 20 years and it is just well worn.  There are still some single-pane windows, although the gas furnace is just 10 years old.

Let me know if you have questions or would like to make an appointment to see the interior.  I’d love to show you this home.

Dianne

 

Market Activity Feb 18-24, 2013

Lake Oswego had 18 new listings enter the market last week, along with 18 homes that received accepted offers and 9 closed sales. What stood out for me, as I looked through the closed sales, is that 3 of the nine sold over the list price, including the house on Middlecrest that sold $51,000 over the list price. Sounds like aggressive multiple offers likely happened on that property.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Feb 18-24, 2013)

Address Type Price BR Bths SF
174 Oswego Summit Condo $189,900 2 2 1506
10 Oriole Ln Detached $234,900 2 2 1654
3269 Phyllis Ct Detached $339,900 3 1.5+.5 1711
6024 Fernbrook Circle Detached $349,900 3 2 1470
17618 Blue Heron Rd Detached $399,900 4 2 2250
4909 Mulholland Dr Attached $428,000 2 2.5 2403
3110 Royce Way Detached $460,000 4 2.5 2732
16621 Graef Circle Detached $499,500 3 1.5 2170
5554 Luce Ln Detached $589,900 5 3 3234
5711 Victoria Ct Detached $610,000 4 2.5 2768
1873 Oak St Detached $635,000 3 2.5 3576
12635 Adrian Ct Detached $649,000 4 2.5 2501
3826 Upper Dr Detached $679,000 3 3 3226
435 8th St Detached $699,900 3 3.5 2394
3315 Cedar Ct Detached $744,000 4 3.5 3712
940 Cumberland Rd Detached $799,000 4 3 3062
Ash St Detached $1,200,000 4 3.5 3600
1475 Chandler Rd Detached $1,595,000 5 4.5 4561

PENDING SALES (Feb 18-24, 2013)

Address Type Price BR Baths SF DOM
92 Cervantes Cir 11-E Condo $104,900 2 1.5 912 182
15275 Boones Way Attached $252,000 2 2 1320 3
466 5th St #14 Condo $269,731 2 1.5 1092 175
2367 Glenmorrie Dr Detached $275,000 2 2 2132 273
2550 Greentree Rd Detached $359,900 4 3 2852 135
1659 Oak St Detached $364,900 3 2.5 1885 62
5499 Royal Oaks Dr Detached $384,900 3 2 1780 179
4857 Sage Hen Way Detached $429,000 4 3 2048 4
762 Maple St Detached $479,000 3 2.5 2417 28
18343 Deerbrush Ave Detached $489,000 4 2.5 2611 3
12926 Rogers Rd Detached $565,000 4 3 2276 13
3000 Brookside Rd Detached $598,000 3 2.5 1600 252
5088 Woodcrest Ln Detached $599,900 4 2.5 3056 199
5028 Woodcrest Ln lot 14 Detached $618,888 4 2.5 3063 218
6135 McEwan Rd Detached $649,900 2 1 1104 636
5064 Woodcrest Ln lot 11 Detached $649,900 4 2.5 3215 209
2065 Lilli Ln Detached $695,000 5 3.5+.5 4112 116
3174 Douglas Circle Detached $999,000 5 4.5 4600 23

SOLD (Feb 18-24 2013)

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Address Type List Price Closed Price Sq Ft CDOM
5060 Foothills Rd D Condo $239,000 $230,000 1252 7
232 Greenridge Dr Attached $285,000 $250,000 1492 125
620 Middlecrest Rd Detached $219,000 $270,000 884 20
19176 Benfield Ave Detached $299,000 $300,000 1538 15
18275 Pilkington Rd Detached $329,000 $345,000 2088 9
14598 Wilmot Way Detached $369,000 $365,000 1960 10
136 D Ave Attached $459,000 $405,000 1754 139
13364 Atwater Ln Detached $1,479,000 $1,250,000 5776 187
3917 Southshore Blvd Detached $2,150,000 $1,750,000 4657 214

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

Open Houses 2/24/13

This Sunday there are 20 scheduled open houses in Lake Oswego. Enjoy!

Address Type Price Bedrooms Baths Open
18 Crestfield Ct Attached $105,000 2 1 2 to 4
6024 Fernbrook Circle Detached $349,900 3 2 12 to 2
18903 Terry Ave Detached $379,000 3 2 2:30 to 4:30
13901 Sundeleaf Dr Detached $379,900 4 3 12 to 2
1621 Larch St Detached $380,000 3 2.5 12 to 2
332 4th St Attached $399,900 2 2.5 1 to 3
2215 Fernwood Circle Detached $414,500 4 3 1 to 3
2 Mozarteum Ct Detached $417,000 3 2.5 1 to 2:30
13906 Majestic Ct Detached $469,000 4 3.5 1 to 4
2302 Overlook Dr Detached $589,900 4 2.5 11 to 1
5533 Fieldstone Ct Detached $599,500 4 2.5 1 to 3
5711 Victoria Ct Detached $610,000 4 2.5 1 to 3
720 Maple St Detached $649,000 3 2.5 1 to 3
1579 Bay View Ln Detached $659,698 4 3 1 to 3
4102 Chad Dr Detached $672,000 4 2.5 1 to 3
1985 Country Club Rd Detached $699,999 5 4 1 to 4
831 Northshore Rd Detached $800,000 3 2.5 1 to 4
112 Northshore Circle Detached $1,650,000 3 3.5 11 to 4
1677 Leslie Ln Detached $1,840,000 4 6.5 12 to 2

Lake Easements

easement_map

When buying a home in Lake Oswego, you’ll often see mention of easements as a feature of the property. Just what is an easement? Don’t all of the houses in Lake Oswego have easements?

The history of the lake easements go back many years. There was a time, in the early development of neighborhoods in Lake Oswego, when vacant lots were available for purchase on the lake. Developers of neighborhoods would buy a lot and deed it to the entire neighborhood. These “easements” are part of the recorded deeds for these homes and primarily consist of homes built between 1920 and 1970. By the time that the newer neighborhoods were being developed, houses from about 1970 and newer, there were no longer vacant lots on the lake and so easements were no longer being created. So, no, not all houses in Lake Oswego have easements. Having an easement is a special feature of the home that does enhance its desirability to buyers.

What I am discussing here are lake easements, and not the swim parks. Lake Oswego has two swim parks. One on Lakeview Blvd that is operated by the school district, and one on Ridgeway that is operated by Lake Oswego Parks and Recreation.

The lake easements have a variety of amenities. Most have a lawn area with tables for picnics. Some have boat slips and canoe racks. One has a huge enclosure in the middle of which is water trampoline. There is a good deal of variety.

There is usually a waiting list for a boat slip. Space on canoe racks is usually available at the start of the summer season.

Some homes have deeded easements privileges at more than one easement. If you are considering buying a house that has an easement, visit all of them that you may have access to and find the one you like best.

Each easement is managed by its own by laws and a volunteer board of directors. There is a designated person on the board who manages the access. If you have easement rights, contact the appropriate person on the board, pay the annual fee, and obtain a key to the entry of the easement.

If you would like to find out of a particular property has easement privileges, call the Lake Corporation at 503-636-1422.

For specific information about the easements and who to contact to activate use of an easement click here.

It may still be February, but sun and enjoyment of the lake is just around the corner.
Dianne

Market Activity Feb 4-10, 2013

Last week in Lake Oswego there were 10 new listings, 12 houses that went into pending status, and 3 closed sales. I think the short list of closed sales reflects that 45 days ago we were in the midst of the holidays. And with just 10 new listings and 12 pending sales, inventory remains tight.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Feb 4-10, 2013)

Address Type Price BR Bths SF
284 Cervantes Circle Condo $104,500 2 2 1052
205 Cervantes #205 Condo $130,000 2 1.5 1216
206 Oswego Summit Condo $200,000 2 2 1506
67 Condolea Terrace Condo $300,000 3 3 2373
18903 Terry Ave Detached $379,000 3 2 1458
12926 Rogers Rd Detached $565,000 4 3 2776
17980 Meadowlark Ln Detached $645,000 3 2.5 3252
17363 Grandview Ct Detached $695,000 4 3.5+.5 4218
5303 Amberwood Ct Detached $810,000 3 2.5 3274
18218 Meadowlark Ln Detached $1,695,000 5 6.5 8320

PENDING SALES (Feb 4-10, 2013)

Address Type Price BR Baths SF DOM
47 Eagle Crest Dr #26 Condo $74,900 2 1 932 521
21 Greemrodge Ct Condo $260,000 3 1.5+.5 1815 106
18816 Longfellow Ave Detached $287,500 3 1 1033 15
1449 Greentree Ave Detached $299,900 4 3 1696 139
959 Lee St Detached $329,000 3 2 2340 28
15721 Boones Way Detached $329,000 3 2 1920 0
12 Abelard St Detached $339,000 4 2.5 2344 6
17802 Treetop Ln Detached $529,000 4 3.5 3655 370
19592 Perch St Detached $529,950 4 2.5 2800 6
17065 Tualatin St Detached $578,950 3 2.5 2733 17
4767 Dogwood Dr Detached $699,999 4 2.5 3964 495
4033 Westbay Rd Detached $1,195,000 4 3.5 3691 30

SOLD (Feb 4-10 2013)

Address Type List Price Closed Price Sq Ft CDOM
17 Condolea Dr Condo $350,000 $338,000 2198 197
1172 Troon Rd Detached $599,000 $539,000 2504 220
1572 Highland Detached $334,500 $334,500 1950 6

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