This last week Lake Oswego saw 23 new properties placed on the market, Pending sales at 12 and 4 Sold/closed. We’re still seeing buyers out for all price ranges, and the trend continuing of newer listings selling as well as homes that have been on the market for extended periods… it is one or the other it seems!
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (May 11—May 17, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
LIST DATE
|
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | List Date |
| 45 EAGLE CREST DR | $134,900 | 2 | 1.1 | 1,056 | CONDO | 5/14/2009 |
| 3433 MCNARY PKWY | $157,500 | 2 | 2.1 | 1,208 | CONDO | 5/11/2009 |
| 86 KINGSGATE RD | $159,900 | 2 | 2 | 924 | CONDO | 5/11/2009 |
| 45 EAGLE CREST DR | $259,900 | 3 | 2 | 1,348 | CONDO | 5/13/2009 |
| 222 CERVANTES | $259,990 | 3 | 1.1 | 1,464 | CONDO | 5/15/2009 |
| 16850 CORTEZ CT | $285,000 | 4 | 1.1 | 1,232 | DETACHD | 5/12/2009 |
| 16501 LAKE FOREST BLVD | $319,900 | 3 | 1 | 1,429 | DETACHD | 5/13/2009 |
| 13024 ROGERS RD | $389,900 | 4 | 1 | 1,826 | DETACHD | 5/15/2009 |
| 12519 27TH PL | $399,000 | 3 | 2.1 | 1,975 | DETACHD | 5/11/2009 |
| 4181 COBB WAY | $429,900 | 4 | 3 | 2,248 | DETACHD | 5/14/2009 |
| 17825 SARAH HILL LN | $464,900 | 4 | 2.1 | 2,525 | DETACHD | 5/15/2009 |
| 14 TANGLEWOOD DR | $499,999 | 5 | 3 | 3,384 | DETACHD | 5/14/2009 |
| 2062 CEDAR CT | $525,000 | 3 | 1 | 1,800 | DETACHD | 5/15/2009 |
| 17445 LAKE HAVEN DR | $539,900 | 4 | 3 | 2,949 | DETACHD | 5/11/2009 |
| 4040 VIRGINIA WAY | $595,000 | 4 | 2.1 | 2,484 | DETACHD | 5/11/2009 |
| 18490 RAY RIDGE DR | $679,900 | 4 | 3 | 3,426 | DETACHD | 5/15/2009 |
| 17455 BLUE HERON RD | $850,000 | 3 | 2 | 2,572 | DETACHD | 5/13/2009 |
| 3967 CANAL RD | $1,150,000 | 4 | 4 | 3,800 | DETACHD | 5/12/2009 |
| 2625 SUMMIT DR | $1,337,500 | 4 | 3.1 | 4,212 | DETACHD | 5/11/2009 |
| 624 ATWATER RD | $1,438,000 | 5 | 3.1 | 4,465 | DETACHD | 5/11/2009 |
| 18977 BARTON RD | $1,695,000 | 4 | 3.1 | 4,648 | DETACHD | 5/15/2009 |
| 397 FURNACE ST | $1,850,000 | 3 | 2.1 | 2,864 | DETACHD | 5/13/2009 |
| 13701 GOODALL RD | $2,475,000 | 4 | 4.1 | 6,028 | DETACHD | 5/14/2009 |
PENDING SALES (May 11-May 17, 2009)
| ADDRESS |
LIST PRICE
|
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | List Price | # Beds | # Baths | Total SF | Prop Type | List Date | CDOM |
| 1897 BOCA RATAN DR | $237,100 | 3 | 2.1 | 1,739 | ATTACHD | 4/13/2009 | 33 |
| 5101 JEAN RD | $242,000 | 3 | 1 | 1,012 | DETACHD | 1/22/2009 | 233 |
| 200 Burnham RD | $264,850 | 2 | 2 | 1,313 | CONDO | 6/30/2007 | 682 |
| 1615 HALLINAN ST | $279,000 | 3 | 1.1 | 1,500 | DETACHD | 2/17/2009 | 86 |
| 1107 CEDAR ST | $324,999 | 4 | 3 | 2,485 | DETACHD | 5/11/2009 | 4 |
| 18307 LONGFELLOW AVE | $329,900 | 3 | 2 | 1,457 | DETACHD | 5/7/2009 | 262 |
| 18929 TERRY AVE | $356,950 | 4 | 2 | 2,065 | DETACHD | 3/30/2009 | 44 |
| 2317 STONEHURST CT | $749,900 | 4 | 2.1 | 4,455 | DETACHD | 5/1/2009 | 374 |
| 13874 TAYLORS CREST LN | $750,000 | 4 | 2.1 | 3,701 | DETACHD | 5/11/2009 | 3 |
| 5513 RACHEL LN | $799,999 | 4 | 2.1 | 3,149 | DETACHD | 4/16/2009 | 435 |
| 18224 Bella Terra DR | $1,294,000 | 4 | 4 | 4,050 | DETACHD | 4/11/2008 | 397 |
SOLD (May 11-May 17, 2009)
| ADDRESS | ORIG. PRICE | SALE PRICE |
TOT. BEDS
|
TOT. BATHS
|
TOT. SQ FT
|
PROP TYPE |
DOM
|
| Address | O/Price | Close Price | # Beds | # Baths | Total SF | Prop Type | List Date | CDOM |
| 4 TOUCHSTONE | $93,000 | $86,000 | 2 | 2 | 979 | CONDO | 4/10/2009 | 10 |
| 5235 OAKRIDGE RD | $324,900 | $290,000 | 3 | 2.1 | 1,576 | DETACHD | 11/18/2008 | 129 |
| 5441 DENTON DR | $599,000 | $599,000 | 3 | 2.1 | 3,331 | DETACHD | 1/26/2009 | 242 |
| 17706 MARYLBROOK DR | $685,000 | $623,500 | 3 | 2.2 | 3,039 | DETACHD | 12/14/2008 | 392 |
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.
There is such a panoply of amenities in Lake Oswego that Dianne and I have been talking about incorporating profiles of local favorites from time to time. I thought I’d begin with a very special person who I would be lost without… my local “dog-whisperer”, Valerie Pulley.
seems it has been the subject of pets, and dogs in particular. We all know what a Portuguese Water Dog is now, thanks to “Beau” at the White House. I know our own friend & blogging cohort, Ron Ares, wrote a post most recently about his own dog, Nyree (left), adopted by the Ares family to save her from becoming a casualty of foreclosure. I’ve seen pieces on local and national news about the amazing number of dogs that have been abandoned or taken to shelters as fallout from the current economy, and it is heartbreaking to consider.
Staffordshire Terrier, Fedore, is her pride & joy, I’ve been taking my crazy black Standard Schnauzer, Kato (right) , to Valerie for years, and she is the only one who can calm him down enough to let his toenails be clipped. Turns out others have noticed this talent as well, and dog owners from far and wide bring their “hard to handle” pets to Valerie for tender loving care. Valerie mentions that “Some dogs have been kicked out of every grooming salon in Portland for biting, scratching, and generally squirming and freaking out. They bring them to me because I am the only one they’ve found to be able to handle them.” I 
ask her why she thinks this is, and she says “I’m just not afraid of them, and I care about them.” She has been working in the Lake Oswego area for around 12 years now, spending some of her career at the Lake Oswego Dog Shoppe, and now is working for 
When looking for a new home and desiring easy care and potential community amenities such as pool, larger grounds, meeting space etc (without the responsibility of upkeep), most people will consider either a condo or a town home. Most also aren’t necessarily familiar with several relative factors important to the selection process, so I thought I’d highlight just a few for you here.
Well, the cherry trees are in full bloom, temps are in the 80’s, and real estate activity continues to move forward… a gradually enlivened, seasonal bustle.
3190 Duncan Drive – This property is 2401 SF, 3 bedrooms, 2 1/2 baths, built in 1986, and is bank-owned. It is at the bottom end of a long, steep, private drive shared by a couple of properties, and sits on a hill/perched above Boones Ferry Rd., which you can hear when outside, but not really see too well through the beautiful, natural greenery surrounding the home. Practically speaking, you enter from the driveway side into the kitchen 
area. Double attached garage, deck, large laundry room… generous living room w/fireplace opening to a dining room… flows nicely. Nice master on the main with walk-in closet and jetted tub. Large bath and bedrooms upstairs… You’d want to do some updating, especially in the kitchen and with flooring/new carpeting, but this just seems like a great opportunity in Lake Oswego for someone at $259,900!
4411 Lakeview Blvd.– This home is a split level (sometimes I confess not to like them personally), but this one is a nice layout with a very open entry where you feel like you’re in the living room as you are entering/not in a little hallway as some tend to feel. It is 1828 SF, 4 bedrooms, 2 baths, built in 1972 and remodeled. It has seasonal lake views, and is basically across the street from the 
water. It is close to the intersection of Bryant and Lakeview, and so is close to schools, shops etc etc etc. It is just a really nice house with a great flow, and tasteful updates. Enter the back from a sitting room off the kitchen with beautiful picture window. The backyard is large & very relaxing.You’ll hear the train when it passes (I happen to LOVE the sound), but you’ll be in good company! …other homes on 
Lakeview currently for sale range from $425,000 to $7,500,000. The listing agent states: “Sellers will entertain offers between $299,000 and $338,876.” This home is also listed as a “possible short sale w/one lender”. I am told that the Broker’s Price Opinion (BPO) has already been finished, and the listing agent’s experience is that the Rep is very responsive. Seems like a great deal to me, especially at the bottom end of the range that is specified!
18791 Indian Creek Way – This property is 1965 SF, 3 bedrooms, 2 baths, built in 1977 and remodeled. When we say remodeled, this one is really gorgeous. Dianne and I both looked at each other and said “This is nicely done.” The living room and fireplace are inviting, the feel is open and airy, there are stainless gas appliances, a wine fridge, 2 gas fireplaces, hardwoods, vinyl
windows… lots of them, skylights, and a beautiful backyard patio surrounded by English Gardens (it was evidently featured in Sunset magazine) great for entertaining. The home is advertised as having Bryant Woods pool membership, and proximity to the grade school and middle school is excellent. The price on this one is $439,900. Compare what’s out there… this one is special.
1921 Park Forest Ct– This home is 2531 SF, 3 bedrooms, 2 1/2 baths, built in 1975 & remodeled. The owners have relocated, and I have to say that both Dianne and I were very impressed with this one. The owners took great care in special details, and this home includes high-end features like a gourmet kitchen with beautiful slab 
quartz countertops, a spa w/fireplace, walk-in stone & tile steam shower, air jet tub & heated floors. The plank wood floors are a favorite of mine. The windows in the living room are large and feature beautiful tree’d views, the baseboard detail is stonework throughout the home, and there is a hot tub outside which is 
included “as is”. This one is situated above SouthShore Rd in back. Greentree Pool and Lake Easement is advertised as available. The entry to this home is deceiving… Once you’re in the door you feel like you’re on vacation. There is a water feature to your left as you enter, and the beautiful quartz kitchen with spacious pantry to your right. Walk in and the fireplace and windows say “relax”. The owners wanted that “spa feel” throughout. The asking price is $529,000.
17675 Cardinal Drive – This home on the Blue Heron Canal is 3458 SF, 3 bedrooms and 3 baths, built in 1966 and is advertised as a fixer. Dianne and I took a look at it yesterday, and were very impressed with the waterfront location. The living room is open and the window views are out onto the deck & water. The home needs 
extensive cosmetic fixing such as wallpaper removal, flooring updates, kitchen updates, etc. We are not inspectors, but truly, the feel is of a solid home that has been well lived in with just not much attention to updating. At $599,000 on the canal, I’d say this one deserves some attention.
Ok, things are starting to get interesting- Lake Oswego saw 29 new properties hit the market last week (these are properties that are brand new on the market -or- have been off the market for a minimum of 30 days). All told, there were 45 that are either truly new, or have been “freshened” showing as new listings. (Dianne and I will have plenty to see on tour tomorrow!) We had 7 go pending, and 6 that closed, so sales remain steady for now at this rate.