Author: Linda Rossi

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Open Houses ~ Sunday, Sept. 11, 2011

What a lovely weekend!  Put some ice & lemonade in your water bottle & head out to enjoy some of these beautiful homes being held Open!

Here is what’s going on according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
7 BRITTEN CT $250,000 4 2 2046 TOWNHSE 1-3PM
55 NORTHSHORE RD #4 $289,000 1 1 1554 TOWNHSE 1-3PM
1050 SUNNINGDALE RD $375,000 3 1.2 1616 DETACHD 2-5PM
29 BECKET ST $384,900 3 2.1 2354 DETACHD 1-3PM
1991 GREENTREE RD $399,999 4 3 2655 DETACHD 1:30-4PM
1645 ASPEN ST $419,999 3 2.1 1916 DETACHD 1-3PM
14361 SHERBROOK PL $449,900 3 2.1 2100 DETACHD 2-4PM
12 SCARBOROUGH DR $464,900 4 2.1 2892 DETACHD 1-3PM
4 NANSEN SMT $479,900 4 2.1 3255 DETACHD 12-2PM
29 SPINOSA $525,000 3 2.2 3254 DETACHD 1-4PM
919 LAKE SHORE RD $569,000 3 2 1817 DETACHD 1-3PM
629 IRON MOUNTAIN BLVD $615,000 3 2 1988 DETACHD 1-4PM
17997 BRAEDEN CT $619,749 3 3 2984 DETACHD 1-4PM
5533 FIELDSTONE CT $633,950 4 2.1 3115 DETACHD 12-2PM
1931 PARK FOREST CT $649,900 6 4.1 3866 DETACHD 12-3PM
15622 FIELDSTONE DR $678,950 3 2.1 3113 DETACHD 12-2PM
14231 Dolph CT $685,000 4 2 2580 DETACHD 1-4PM
17090 CHAPIN WAY $839,500 3 3 3480 DETACHD 12-3:30PM
1104 FOREST MEADOWS WAY $1,495,000 4 3.1 5756 DETACHD 2-4PM
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News & Notes

  • September 11th Memorial – The city will be holding a Memorial at Millennium Plaza Park on Sunday, September 11th from 1 – 2PM.  Fire and police personnel will recite all the names of all the public safety people who perished that day.  Fire stations will all set off tones at the precise moment the towers fell 10 years ago as well.  This is a time of remembrance and respect as the city offers a way for citizens to join together and participate.
  • “Organically Grown in Oregon” Week – Luscher Farms will be holding an Open House on Saturday, September 17th from 10AM – 3PM.  There will be a Tilth plant sale, kids activities, tours, free demos and organic treats!  This is an opportunity to visit with farmers from the Community Supported Agriculture program and to hear from Tilth experts.  Check out the chickens, the tractor and the Children’s Garden!
  • The Mayor’s First Annual Community Bike Ride – The new Chief of Police, Don Johnson and Mayor Hoffman will take families on a 12-mile ride around Lake Oswego Sunday, September 18th.  They promise to show participants a new perspective on the city.  Sounds like fun!  Click HERE for more info.
  • Why Do You Attend the Lake Oswego Farmers Market? – How does the market impact your life?  Click HERE to join in the conversation and read others’ comments.

According to the RMLS Market Action Report for July 2011, the combined area of Lake Oswego and West Linn  reported:

  • 870 Active Listings
  • 173 New Listings
  • 109 Pending Sales
  • 94 Closed Sales
  • An average Sale Price of $494,000.
  • Average Time on the Market: 149 Days
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Market Activity ~ Aug. 22-28, 2011

There were 21 New properties entering the market, 17 in Pending status, and 11 marked as Sold during the last week according to RMLS.  5 out of the 11 Sold were priced at over one million.
See below for further details:

NEWLY LISTED (August 22-28 2011)

Address List Price # Beds # Baths Total SF Prop Type
99 OSWEGO SMT $89,900 2 1.1 1116 CONDO
48 EAGLE CREST DR 3B $134,900 2 2 1489 CONDO
87 OSWEGO SMT $179,900 2 1.1 1116 CONDO
16546 BONAIRE AVE $219,900 3 1 1064 DETACHD
4342 SUNSET DR $224,900 2 2 1055 DETACHD
8 WHEATHERSTONE $239,950 2 2.1 1692 ATTACHD
16430 LAKE FOREST BLVD $249,999 4 1 1342 DETACHD
55 NORTHSHORE RD $279,000 1 1 1574 ATTACHD
55 NORTHSHORE RD $289,000 1 1 1554 CONDO
16700 GARY LN $319,000 3 2.1 1529 DETACHD
1260 LARCH ST $339,500 3 2.1 2310 DETACHD
48 AQUINAS ST $375,000 4 2 2635 DETACHD
1050 SUNNINGDALE RD $375,000 3 1.2 1616 DETACHD
14331 SHERBROOK PL $397,950 3 2 1475 DETACHD
4667 WINTHROP CT $509,000 4 2.1 2235 DETACHD
197 FURNACE ST $535,000 2 2.1 2091 CONDO
2370 PALISADES CREST DR $849,000 4 3.1 4445 DETACHD
17930 BLUE HERON DR $899,000 5 4.1 5069 DETACHD
17655 KELOK RD $979,000 3 2 1820 DETACHD
18253 SIENA DR $1,149,000 5 4 4310 DETACHD
17255 CANAL CIR $1,200,000 5 4 4256 DETACHD

PENDING SALES (August 22-28, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD F103 $70,000 2 2 849 CONDO 40
86 KINGSGATE RD F106 $77,900 2 2 849 CONDO 867
582 S STATE ST $115,000 2 1 752 CONDO 133
222 RIDGEWAY RD $127,500 2 1 756 CONDO 19
908 LAKE FRONT RD $229,000 3 1 1398 DETACHD 3
16443 LAKE FOREST BLVD $239,900 3 2 1474 DETACHD 47
839 F AVE $240,000 3 1 1516 DETACHD 8
5139 TUALATA LN $257,900 3 2 1524 DETACHD 6
5368 TREE ST $269,000 3 2.1 1850 DETACHD 121
17653 SCHALIT WAY $299,900 3 2 1463 DETACHD 10
1162 LAKE SHORE RD $349,000 2 1.1 1248 DETACHD 548
312 4TH ST $399,000 2 2.1 1731 ATTACHD 101
5530 BAY CREEK DR $499,900 4 2.1 2958 DETACHD 12
17981 MEADOWLARK LN $529,900 3 2.1 3250 DETACHD 120
4158 CASEY CT $719,000 4 2.1 3385 DETACHD 392
13074 SW KNAUS RD $899,000 5 3.1 4244 DETACHD 25
2936 SW LAKEVIEW BLVD $1,888,000 5 3.1 4179 DETACHD 85

SOLD (August 22-28, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3684 RED CEDAR WAY $269,900 $255,000 3 2.1 1830 DETACHD 308
2701 GLEN HAVEN RD $375,000 $361,735 2 2 3134 DETACHD 356
29 DEL PRADO ST $384,900 $384,900 4 2 2972 DETACHD 10
45 MORNINGVIEW CIR $475,000 $460,000 3 2.1 2505 DETACHD 7
10 MORNINGVIEW CIR $519,900 $495,000 4 2.1 2850 DETACHD 43
2400 DELLWOOD DR $549,900 $525,000 4 3 3180 DETACHD 875
590 OAK MEADOW DR $1,190,000 $1,050,000 4 4.1 4584 DETACHD 73
1780 RIDGECREST DR $1,200,000 $1,100,000 4 2.1 2694 DETACHD 47
1870 CREST DR $1,450,000 $1,210,000 4 3.1 4598 DETACHD 137
3258 LAKEVIEW BLVD $1,795,000 $1,600,000 3 4.1 4235 DETACHD 33
13961 KNAUS RD $1,999,000 $1,700,000 4 4.2 6614 DETACHD 583

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 ~ August 28, 2011

Enjoy touring these lovely homes Sunday.

Here’s what’s on the line-up according to RMLS:

Address L/Price # Beds # Baths Total SF Style Open
221 CERVANTES $125,000 2 1.1 1180 TOWNHSE 1-3PM
55 NORTHSHORE RD #4 $289,000 1 1 1554 TOWNHSE 1-3PM
16890 CORTEZ CT $299,500 4 3 2016 DETACHD 2-4PM
5880 ROCKWOOD CT $300,000 3 2 1763 DETACHD 1-3PM
17948 TUALATA AVE $313,950 3 2 1558 DETACHD 12-2PM
5051 TUALATA LN $369,900 4 2 1591 DETACHD 1-3PM
42 NORTHVIEW CT $395,000 3 3.1 3178 DETACHD 1-3PM
18538 DEERBRUSH AVE $409,900 4 3 2593 DETACHD 1-5PM
12 SCARBOROUGH DR $464,900 4 2.1 2892 DETACHD 1:30-3:30PM
3815 SOUTHSHORE BLVD $538,000 4 2 2638 DETACHD 2-4PM
1159 TYNDALL CT $595,000 4 3.1 4334 DETACHD 2-4PM
17997 BRAEDEN CT $619,749 3 3 2984 DETACHD 2-4PM
5511 FIELDSTONE CT $623,950 4 2.1 3037 DETACHD 12-2PM
629 IRON MOUNTAIN BLVD $629,000 3 2 1988 DETACHD 12-4PM
5533 FIELDSTONE CT $633,950 4 2.1 3115 DETACHD 12-2PM
18009 BRAEDEN CT $639,000 4 2.1 3224 DETACHD 1-3PM
15622 FIELDSTONE DR $678,950 3 2.1 3113 DETACHD 12-2PM
2941 WESTVIEW CIR $689,000 4 2.1 3075 DETACHD 2-4PM
17503 CHERRY CT $799,950 4 3.1 4200 DETACHD 2-5PM
17090 CHAPIN WAY $839,500 3 3 3480 DETACHD 12-3PM
17392 BERGIS FARM DR $899,950 4 3.2 4734 DETACHD 1-3PM
17655 KELOK RD $979,000 3 2 1820 DETACHD 1-3PM
112 NORTHSHORE CIR $1,695,000 4 3.2 3632 DETACHD 1-5PM
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Enjoy These Last Days Of Summertime

The kids are getting ready for school, and even though Lake Oswego has such fantastic schools and we love them so much…. you can hear the sighs and see the minivans hitting the road packed to the gills, and last-minute weekend trips to the coast or elsewhere taking precedence over “normal life”.  Here in Lake Oswego, we are taking advantage of every last minute of precious summertime, and we hope that you are too!

Happy Summertime, and be safe in your travels!

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Market Activity ~ August 8-14, 2011

There were 13 New properties entering the market, 22 in Pending status, and 7 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (August 8-14, 2011)

Address List Price # Beds # Baths Total SF Prop Type
18523 HALLBERG CT $268,000 3 1.1 1300 DETACHD
16890 CORTEZ CT $299,500 4 3 2016 DETACHD
17653 SCHALIT WAY $299,900 3 2 1463 DETACHD
5795 LANGFORD LN $349,500 2 2 1687 DETACHD
840 LAKE FOREST DR $399,900 3 2.1 2306 DETACHD
4700 LOWER DR $399,900 3 2.1 1747 DETACHD
5530 BAY CREEK DR $499,900 4 2.1 2958 DETACHD
17705 TREETOP LN $525,000 5 3 3428 DETACHD
13437 PROVINCIAL HILL WAY $639,900 4 2.1 2833 DETACHD
1876 PALISADES LAKE CT $697,900 3 2.1 3178 DETACHD
5015 DENTON DR $699,900 4 2.1 3309 DETACHD
16161 PARELIUS CIR $899,900 4 2.1 4018 DETACHD
3140 CHILDS RD $1,995,000 5 5.1 6449 DETACHD

PENDING SALES (August 8-14, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
104 OSWEGO SMT $79,900 1 1 764 CONDO 9
4000 CARMAN DR 101 $119,000 2 2 869 CONDO 5
750 1ST ST D22 $140,000 2 2 1350 CONDO 82
3101 MCNARY PKWY 12 $145,000 2 2.1 1363 CONDO 202
4454 THUNDER VISTA LN $155,000 2 2.1 2060 CONDO 158
17 WALKING WOODS DR $320,000 3 3 2915 DETACHD 55
2089 GLENMORRIE DR $339,000 2 2 1551 DETACHD 412
15380 TWIN FIR RD $339,900 3 3 1865 DETACHD 44
4705 LAKEVIEW BLVD $419,900 4 2.1 2700 DETACHD 178
760 TIMBERLINE DR $425,000 5 3 3058 DETACHD 228
2375 DELLWOOD DR $449,000 4 3 3690 DETACHD 169
2091 SUMMIT DR $475,000 2 2.1 2598 DETACHD 29
15180 BOONES WAY $499,900 5 3.1 3961 DETACHD 57
17911 HILLSIDE DR $569,000 4 3 3330 DETACHD 11
17267 KELOK RD $599,900 3 2 2340 DETACHD 40
19124 MEGAN PL $649,900 5 2.1 3584 DETACHD 104
554 5TH ST $659,000 3 3.1 2166 ATTACHD 177
727 6TH ST $699,900 4 2 2884 DETACHD 564
17170 WALL ST $719,900 4 3.1 3446 DETACHD 149
3149 DOUGLAS CIR $995,000 5 3.2 5237 DETACHD 80
17860 CRESTLINE DR $1,400,000 4 5.2 6810 DETACHD 51
3258 LAKEVIEW BLVD $1,795,000 3 4.1 4235 DETACHD 33

SOLD (August 8-14, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE 14 $94,500 $58,500 1 1 636 CONDO 139
5052 FOOTHILLS DR E $200,000 $185,000 2 2 1370 CONDO 18
2294 CREST DR $269,900 $257,000 3 0.2 1300 DETACHD 18
122 KINGSGATE RD $289,950 $289,950 3 2.1 1846 DETACHD 5
1435 NELSON CT $375,000 $365,000 4 2.1 1989 DETACHD 15
13254 TWIN CREEK CT $599,500 $580,000 3 2.1 3470 DETACHD 56
5160 Woodcrest LN lot 3 $691,488 $702,765 4 3.1 3575 DETACHD 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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Open Houses ~ August 14, 2011

It should be a lovely day to tour Open Houses!

Here’s what is on the line-up according to RMLS.

Enjoy!

Address L/Price # Beds # Baths Total SF Style Open
18150 BRYANT RD $309,000 3 2 1468 DETACHD 12-3PM
1561 WOODLAND TER $350,000 3 2.1 2184 DETACHD 3-5PM
18538 DEERBRUSH AVE $429,900 4 3 2593 DETACHD 1-5PM
12 SCARBOROUGH DR $464,900 4 2.1 2892 DETACHD 1-3PM
17177 CHAPIN WAY $479,000 3 2 1764 DETACHD 1-3PM
4 NANSEN SMT $479,900 4 2.1 3255 DETACHD 12-2PM
3815 SOUTHSHORE BLVD $538,000 4 2 2638 DETACHD 2:30-4:30PM
919 LAKE SHORE RD $599,000 3 2 1817 DETACHD 1-3PM
2011 RIDGEWOOD LN $615,000 5 3.1 3012 DETACHD 12-2PM
5511 FIELDSTONE CT $623,950 4 2.1 3037 DETACHD 2:;30-4:;30PM
5533 FIELDSTONE CT $633,950 4 2.1 3115 DETACHD 2:30-4:30PM
15622 FIELDSTONE DR $678,950 3 2.1 3113 DETACHD 2:;30-4:30PM
5015 DENTON DR $699,900 4 2.1 3309 DETACHD 11AM-1PM
17426 BERGIS FARM DR $894,500 4 3.1 4444 DETACHD 12-2PM
18308 MEADOWLARK LN $1,425,000 4 3.3 7341 DETACHD 2-4PM
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Market Activity ~ Aug 1-7, 2011

There were 17 New properties entering the market (same number as the previous week), 8 in Pending status, and 9 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (August 1-7, 2011)

Address List Price # Beds # Baths Total SF Prop Type
104 OSWEGO SMT $79,900 1 1 764 CONDO
4 CRESTFIELD CT $93,600 2 1 923 CONDO
4000 CARMAN DR 101 $119,000 2 2 869 CONDO
222 RIDGEWAY RD $127,500 1 1 756 CONDO
3676 SPRING LN 2C $139,900 2 2.1 1762 CONDO
45 EAGLE CREST DR 514 $199,000 1 1.1 1046 CONDO
490 G AVE $369,000 5 2 2126 DETACHD
655 7TH ST $375,000 3 1.1 1558 DETACHD
14466 HOLLY SPRINGS RD $399,000 5 3 2238 DETACHD
85 LAUREL ST $385000 – $420000 5 3 2820 DETACHD
32 WESTRIDGE DR $549,000 4 2.2 3614 DETACHD
17911 HILLSIDE DR $569,000 4 3 3330 DETACHD
4637 HASTINGS PL $669,900 4 2.1 3568 DETACHD
17196 KELOK RD $749,900 5 3.1 4384 DETACHD
17410 UPPER CHERRY LN $849,500 4 3.2 4586 DETACHD
17426 BERGIS FARM DR $894,500 4 3.1 4444 DETACHD
1267 MAPLE ST $899,000 4 2.1 3388 DETACHD

PENDING SALES (August 1-7, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
12 CRESTFIELD CT $50,600 1 1 552 CONDO 21
668 MCVEY AVE 14 $65,000 1 1 636 CONDO 139
1400 BONNIEBRAE DR $130,000 2 1 864 ATTACHD 436
710 BRIERCLIFF LN $299,900 3 2.1 1906 DETACHD 86
5755 Windfield LOOP $349,900 2 2 1561 DETACHD 22
764 2ND ST $375,000 3 2.1 1548 DETACHD 46
4155 CANAL RD $779,000 4 2.1 3736 DETACHD 56
590 OAK MEADOW DR $1,090,000 4 4.1 4584 DETACHD 73

SOLD (August 1-7, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
194 RIDGEWAY RD 11B $169,900 $169,900 3 1 1659 CONDO 237
17950 KELOK RD $319,000 $226,000 3 2 2376 DETACHD 168
3077 DIANE DR $299,000 $277,000 4 1.1 2634 DETACHD 23
785 3RD ST $248,000 $290,150 2 1 1856 DETACHD 11
1960 MAPLELEAF RD $379,900 $299,900 3 2 1426 DETACHD 244
16950 LAKERIDGE DR $399,000 $385,000 4 2.1 2346 DETACHD 53
762 3RD ST $795,000 $745,000 3 2.1 2590 DETACHD 0
583 2ND ST $849,000 $849,000 2 2.1 2304 CONDO 35
1335 CHANDLER RD $1,249,000 $1,150,000 4 2.1 3988 DETACHD 438

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 ~ Aug. 7, 2011

What a gorgeous day it promises to be!

Enjoy touring any of these whopping 36 homes to be held Open according to RMLS.

Here are the details:

Address L/Price # Bdrms # BathS Total SF Style Time
5880 ROCKWOOD CT $300,000 3 2 1763 DETACHD 2-4PM
1502 COUNTRY CLUB RD $334,900 3 3 2748 DETACHD 12-2PM
15380 TWIN FIR RD $339,900 3 3 1831 DETACHD 1-3PM
3311 FIR RIDGE RD $359,000 3 2.1 2112 DETACHD 2:;30-4:30PM
16250 PACIFIC HWY #70 $374,500 2 2 1380 CONDO 1-3PM
1710 MEADOWS DR $375,000 3 2 1677 DETACHD 2-4PM
1820 KILKENNY DR $399,900 4 2.1 3040 DETACHD 2-4PM
1991 GREENTREE RD $414,999 4 3 2655 DETACHD 1-3:30PM
19521 SW DOGWOOD CT $469,900 5 2.1 2953 DETACHD 10AM-5PM
31 TOUCHSTONE $475,000 5 3 3183 DETACHD 1-3PM
19487 SW DOGWOOD CT $479,900 4 3 3105 DETACHD 10AM-5PM
16884 SUMMER PL $489,900 4 2.1 2911 DETACHD 1-3PM
5843 RIDGETOP CT $499,950 4 3 2897 DETACHD 12-2PM
19285 MEGLY CT $524,900 5 3 3275 DETACHD 10AM-5PM
19333 SW DOGWOOD CT $529,900 5 3 3234 DETACHD 10AM-5PM
19240 MEGLY CT $554,900 5 3.1 3633 DETACHD 10AM-5PM
5542 DUNMIRE DR $579,900 4 2.1 3204 DETACHD 10AM-5PM
5428 SOUTHWOOD DR $586,000 4 3 3302 DETACHD 1-4PM
5515 DUNMIRE DR $599,900 4 3 3287 DETACHD 10AM-5PM
5698 LA MESA CT $600,000 4 2.1 2650 DETACHD 1-3PM
5511 FIELDSTONE CT $623,950 4 2.1 3037 DETACHD 11:30AM-1:30PM
5533 FIELDSTONE CT $633,950 4 2.1 3115 DETACHD 11:30AM-1:30PM
1931 PARK FOREST CT $649,900 6 4.1 3866 DETACHD 12-3PM
554 5TH ST $659,000 3 3.1 2166 TOWNHSE 1:30-4PM
556 5TH ST $659,000 3 3.1 2166 TOWNHSE 1:30-4PM
15622 FIELDSTONE DR $678,950 3 2.1 3113 DETACHD 11:30AM-1:30PM
5604 GRAND OAKS DR $699,000 5 3 3676 DETACHD 1-4PM
4158 CASEY CT $719,000 4 2.1 3385 DETACHD 2-3:30PM
17392 BERGIS FARM DR $799,950 4 3.2 4734 DETACHD 1-3PM
17503 CHERRY CT $799,950 4 3.1 4200 DETACHD 3-5PM
850 SCHUKART LN $829,900 4 3 4378 DETACHD 1-3PM
2650 GLEN EAGLES RD $875,000 3 4 3112 DETACHD 1-3PM
4160 LAKEVIEW BLVD $959,000 4 4.1 3904 DETACHD 1:30-4PM
16828 ALDER CIR $1,145,000 3 2 2362 DETACHD 2-4PM
18024 SKYLAND CIR $1,299,000 4 3.2 4131 DETACHD 2-4PM
18308 MEADOWLARK LN $1,425,000 4 3.3 7341 DETACHD 2:30-4:30PM
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News & Notes

*JOBS: Moving to Lake Oswego and looking for a job?

– The City of Lake Oswego has several openings.  Check them out HERE.

– Parks and Recreation job openings can be found HERE.

* BANK-OWNED PROPERTIES: Dianne and I work with a wide array of clients, and each client is different; looking for a solution to their own unique circumstance.  That said, one thing that everyone seems to ask about these days is “bank-owned” or REO properties.  Yes, these are available in Lake Oswego, and the appeal is that they are almost always under market value.  These properties have either gone through the short-sale phase unsuccessfully (they didn’t sell while listed as short-sale), or have just gone straight back to the bank and therefore appear as a new property on the market where the Seller is the Bank.

I usually talk with clients about the fact that they are really looking for a *home* that meets their needs… both monetary and otherwise (location/school/amenities/lot size/number of bedrooms & other criteria), and so I focus on the whole picture as there are so many good “deals” on the market right now whether they are bank-owned or not.  AND, bank-owned properties, if they fit your other needs, are a great resource when you’re looking at the financial side.

Below you’ll find the bank-owned properties on the market in Lake Oswego right now, as well as the ones that have Sold in the last 30 days.  I included some basic directions in case you wanted to drive by and see if any of these interest you. ***Of course, do not drive in the driveways or otherwise disturb the new owners of the ones in the “Sold” category : )

To answer a question that always seems to come up: If a house shows a lower List Price than Sold Price this can have multiple reasons including seller-paid concessions (closing costs etc), multiple offers & therefore “bidding up” on price, etc.

Hopefully this is a good reference-resource for you. Happy August!

Address List Price Sold Price # Beds # Baths Total SF Style Directions
ACTIVE BANK-OWNED:
13990 SHIREVA CT $245,000 3 2 1651 RANCH Country Club to Shrieva Loop to Shrieva Court.
6218 NOKOMIS CT $257,900 4 2 1512 RANCH Childs or McEwan to Longfellow to Nokomis Ct
5206 ROYAL OAKS DR $449,900 5 3.1 2801 TRAD Carman to Waluga Drive to Royal Oaks Drive
18014 GIMLEY CT $539,900 5 3.1 4355 TRAD Southshore to Royce Way to Westview Dr. to Gimley Ct.
4158 CASEY CT $719,000 4 2.1 3385 TRAD Bryant Rd right on Chad right on Melissa right on Casey Ct
17460 WREN CT $940,000 4 3.1 3305 TRAD South Shore, South on Cedar to Wren St, left on Wren Ct, to end
17860 CRESTLINE DR $1,400,000 4 5.2 6810 CAPECOD Bergis to Skylands, to Crestline
SOLD BANK-OWNED in LAST 30 DAYS:
17950 KELOK RD $199,900 $226,000 3 2 2376 DAYRNCH Bryant/Childs/Kelok-Hillside
785 3RD ST $248,000 $290,150 2 1 1856 COTTAGE A Avenue to 3rd
190 FURNACE ST $700,000 $686,700 5 4.1 4022 CRAFTSM State to Leonard to Furnace