There is a wonderful assortment of Holiday Events coming up here in Lake Oswego. It is a great time of year and the community comes together to celebrate Thanksgiving, Christmas, and New Year’s.
Adult Community Center Thanksgiving Luncheon
November 25, 11:30am, at the Adult Community Center. Enjoy a holiday feast with friends. Call 503-635-3758, to make a reservation.
Holiday Tree Lighting
November 27, 5pm. Kick off the holiday season with the lighting of the giant sequoia tree at Fifth Street and A Avenue. Enjoy free coffee and cocoa and listen to choir members from local high schools. Then, walk to Millennium Plaza Park to enjoy more caroling, refreshments, live music, and several characters to entertain the kids. Donations of non-perishable, canned food for the Oregon Food Bank and unwrapped toys are encouraged.
Gingerbread House Building
November 30, 6:30 to 8:30pm. West End Building, 4101 Kruse Way. Everything you need to build a beautiful gingerbread house is included. Ages 18 and older. $47 per family/house. Register at www.lakeoswegoparks.org (#4327200)
5th Annual Lake Oswego Holiday Market
December 5th & 6th, 9am to 4pm, Millennium Plaza Park. A traditional European Holiday Market where you can shop for unique treasures: crafts, greenery, eats and treats. Local musicians will provide a background of Holiday music. A family-friendly shopping experience.
Holiday Gift Workshop
December 12, 10am to 12pm, West End Building. Spend a morning making holiday gifts for family and friends, snack on treats, and enjoy a special guest/entertainer. For children ages 6 to 12. Cost is $22. Register at www.lakeoswegoparks.org (#4267100)
Carriage Rides
December 6, 12, & 19, 11am to 3pm, Millennium Plaza Park. Get into the holiday spirit and enjoy a memorable carriage ride through the streets of beautiful downtown Lake Oswego. The horse drawn carriage will pick you up at the entrance to Millennium Plaza Park. Adults $3 and children under the age of 10, $1.
Christmas Ship Parade Viewing
December 19th, 6pm, Foothills Park. Experience the sparkle of the ships and their reflections from the shore of the Willamette River at Foothills Park while enjoying hot chocolate and a warm fire. For more information, go to www.christmasships.org.
Adult Community Center Holiday Luncheon
December 23rd, 11:30am, at the Adult Community Center. Celebrate the season with food and music. Call 503-635-3758 to make a lunch reservation.
Adult Community Center New Year’s Luncheon
December 30th, 11:30am, at the Adult Community Center. Honor the last of 2009 and welcome 2010 with friends. Call 503-635-3758 to make a reservation.
The above information is brought to us courtesy of Hello L.O., the official newsletter of the City of Lake Oswego. Happy Holidays!
There are 15 truly NEW properties in Lake Oswego this last week, 11 that went to PENDING status, and 10 that SOLD. Here is the latest market activity for Lake Oswego (see below the tables for additional notes): NEWLY LISTED (Nov. 09—Nov.15, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
73 GALEN ST
$159,900
2
2
995
CONDO
11/10/2009
235 Cervantes
$180,000
2
2
1,100
CONDO
11/14/2009
5225 Jean RD
$189,500
2
2
1,100
CONDO
11/9/2009
244 RIDGEWAY RD
$214,500
2
1
753
CONDO
11/14/2009
17659 DEEMAR WAY
$249,000
3
2
1,382
DETACHD
11/11/2009
4141 COBB WAY
$299,900
3
2
1,236
DETACHD
11/11/2009
4288 SUNSET DR
$359,000
3
2
1,550
DETACHD
11/9/2009
4235 HARVEY WAY
$395,000
3
2
1,384
DETACHD
11/10/2009
3521 LANEWOOD ST
$399,500
3
1.1
1,675
DETACHD
11/15/2009
16150 LAKE FOREST BLVD
$495,000
2
2
2,302
DETACHD
11/12/2009
32 SPINOSA
$499,900
4
2.2
2,542
DETACHD
11/13/2009
2025 WEMBLEY PARK RD
$499,900
4
2
2,288
DETACHD
11/15/2009
136 D AVE
$550,000
2
2.1
1,741
ATTACHD
11/14/2009
3612 TEMPEST DR
$599,900
4
3
2,819
DETACHD
11/9/2009
14435 UPLANDS DR
$825,000
4
3.1
4,822
DETACHD
11/14/2009
PENDING SALES (Nov. 09 -Nov. 15, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
72 CERVANTES CIR
$125,000
2
1.1
912
CONDO
12
668 MCVEY AVE
$179,900
3
1.1
985
CONDO
1092
14431 SHERBROOK PL
$299,900
4
3
3,284
DETACHD
330
17752 SCHALIT WAY
$329,900
3
2
1,463
DETACHD
62
953 A AVE
$375,000
2
2.1
2,908
DETACHD
134
17088 REBECCA LN
$429,000
4
3
2,554
DETACHD
923
566 5TH ST
$448,000
3
2
2,177
DETACHD
114
17332 Lake Haven DR
$749,000
4
2
2,484
DETACHD
125
17384 BERGIS FARM DR
$1,295,000
5
4.1
5,012
DETACHD
8
1924 CHERYL CT
$1,299,000
4
4.2
5,204
DETACHD
785
616 CABANA LN
$2,250,000
5
4
3,800
DETACHD
220
SOLD (Nov. 09-Nov. 15, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
44 EAGLE CREST DR
$154,900
$158,900
3
2
1,085
CONDO
123
4330 COUNTRY WOODS CT
$239,900
$280,000
3
1
1,200
DETACHD
86
4662 CARMAN DR
$289,900
$340,000
5
2
1,754
DETACHD
13
161 C AVE
$499,900
$411,000
2
2.1
1,719
ATTACHD
215
2925 ORCHARD HILL PL
$549,000
$460,000
3
2.1
2,418
DETACHD
148
4018 COHO LN
$539,000
$470,000
3
2
2,489
DETACHD
61
353 D AVE
$825,000
$555,000
4
2
3,228
DETACHD
749
540 NORTHSHORE RD
$619,000
$583,900
4
3
2,746
DETACHD
153
17211 KELOK RD
1399000
1230000
3
3.1
5,384
DETACHD
112
397 FURNACE ST
1850000
1400000
3
2.1
2,864
DETACHD
100
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.
Hmmmmmm…. Not to bum you California readers out, but this is a pretty dreary week in Lake Oswego! I so often hear from family and friends in California though, that they really LOVE rain, and I can relate. Nothing better than to curl up with a book (or a laptop) by a fire near a window with a nice view & hear the rain on the roof. Lots of coffee shops prosper here for the same reason.
We have yet to see what the weather is going to look like this winter. I hear that at the recent “weather conference” held here in Lake Oswego, experts were torn over whether we would be having a relatively dry season, or even MORE snow than we had last year…. quite a gap in understanding among experts… (any readers who attended this conference or who would like to chime in are welcome!).
Lake Oswego turns 100!
Well, we are only 99 right now, but Lake Oswego is turning 100 in 2010. Already planning is underway for a “year-long celebration” that will kick off in January with a film at the Lakewood Center giving an overview of the city’s history and unveiling the “Lake Oswego Building Blocks” display; a visual history of 20 of the city’s neighborhoods which will remain on display throughout the year.
There will also be a scavenger hunt that will begin after the kick-off and last thru March (!!!) with clues given each week via he Lake Oswego Review and the city’s official website.
For more info or to get involved, contact Kern-Schilling at 503-675-3983, attend a community meeting at 5:30 p.m. Nov. 5 at the West End Building or visit the Web site www.lakeoswego100.com later this month.
City Revisits “Affordable Housing”
There was an interesting article in the Lake Oswego Review about a week ago that highlighted some citizens’ work toward ensuring that in particular seniors, but also lower income families and individuals, have access to affordable housing. Paul Lyons, along with Ralph Tahran have been meeting with City Counselor Roger Hennigan and other interested parties. Mr. Lyons led a discussion at a recent city council meeting. He pointed out that the planning department is undergoing a periodic review of the Comprehensive Plan, and is hopeful that this is a good time to reintroduce this discussion which was sidelined in 2005. Here is a link to the article for anyone interested: Affordable Housing The article has generated lively debate in Lake Oswego.
Market Action Report
It is almost time for the October Market Action Report to be released by RMLS. I think it is interesting to note that there has been a new column added to the Residential Market Highlights and the Area Report called “Total Market Time”. This is an average of the cumulative number of days a property has been truly on the market. This time does not reset unless a property has been off the market for more than 30 days, and this statistic is evidently calculated for listings that sell in the month and year-to-date time periods that apply to any issue of Market Action. You know that Dianne and I have often mentioned the confusion that sometimes results from how “Days on Market” are shown when a property relists but is really not a new listing, and so I am glad to see this change in the Market Action Report which will more accurately reflect a property’s actual time on the market before sale.
The last time I posted our market activity report we had a comment that the numbers seemed pretty balanced, and for the last couple of months I think that has been true. I think that for the most part when houses come onto the market, home sellers are fully aware that they need to be priced right. That has lead to fairly strong sales. Again this week, we had 11 houses come onto the market and 11 houses go pending. The closed sales were just 5, so that is not as strong. But my sense is that the market is moving pretty well as long as prices reflect what a buyer considers to be a good value.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Nov 2—Nov.8, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
4000 CARMAN DR
$145,000
2
2
869
CONDO
11/6/2009
15200 BOONES WAY
$175,000
2
1.1
1,248
CONDO
11/4/2009
3365 UPPER DR
$329,900
2
2
1,378
DETACHD
11/6/2009
505 8TH ST
$389,000
3
1
1,050
DETACHD
11/6/2009
1720 MAPLELEAF RD
$449,000
3
2
1,529
DETACHD
11/5/2009
13448 AUBURN CT
$474,900
3
2.1
2,535
ATTACHD
11/3/2009
4040 VIRGINIA WAY
$524,900
3
2.1
2,623
DETACHD
11/6/2009
33 MORNINGVIEW CIR
$574,900
3
2.1
2,737
DETACHD
11/2/2009
5322 ROSALIA WAY
799999
4
2.1
3,500
DETACHD
11/3/2009
17370 CANYON DR
849900
4
3.1
3,408
DETACHD
11/5/2009
17384 BERGIS FARM DR
1295000
5
4.1
5,012
DETACHD
11/4/2009
PENDING SALES (Nov 2 -Nov. 8, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
4 TOUCHSTONE CT
$109,900
3
2.1
1,350
CONDO
371
14 POLONIUS ST
$300,000
4
3
2,754
DETACHD
254
161 C AVE
$449,900
2
2.1
1,719
ATTACHD
215
4311 ORCHARD WAY
$544,900
4
2.1
3,082
DETACHD
54
5 GARIBALDI ST
$574,800
4
3.1
3,250
DETACHD
8
4688 CHELSEA LN
$649,900
4
2.1
3,493
DETACHD
9
279 EVERGREEN RD
$674,500
3
3.1
2,136
ATTACHD
129
19463 LORNA LN
$805,000
4
3.1
4,024
DETACHD
21
827 8TH ST
$898,000
5
3.1
3,852
DETACHD
38
577 MIDDLECREST RD
$999,900
4
2.1
2,000
DETACHD
504
753 LAKESHORE RD
$1,385,000
3
3.1
2,562
DETACHD
51
SOLD (Nov 2-Nov. 8, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
4 TOUCHSTONE
$119,900
$115,000
2
2
984
CONDO
43
15450 SW KIMBALL CT
$299,000
$233,000
4
1.1
1,104
DETACHD
344
5554 ROYAL OAKS DR
$399,885
$385,000
3
2
1,861
DETACHD
2
1531 WOODLAND TER
$414,000
$408,500
3
2.1
1,895
DETACHD
139
4691 CHELSEA LN
$629,900
$530,000
4
2.1
3,102
DETACHD
585
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.
I had a client once who told me about Trick or Treat houses. These were the houses he would take his kids out of the way to Trick or Treat at on Halloween so that he could get a peek inside. There are a couple of houses that are on this week’s list of open houses that may very well be due the honor of being a Trick or Treat house. Obviously the one on Glen Eagles Place. A gorgeous, high-end home that is spectacular. The other one is the one on Childs Road. Linda and I went through it on tour last Tuesday and it is just very unique. It’s an older home so has some features that are not so great if you don’t like the floorplans and limitations of an older house. But what is great about it is that it sits on this lovely lot on the Tualatin River. The main room is huge (it might even be appropriate to call it grand) and has this very large picture window that looks out onto the river. The house is extensively remodeled to today’s standards and is impeccably decorated. And look at the price. $489,900 for all of that on waterfront. Amazing.
I have two things on my mind today: Thanksgiving and how much Linda and I are loving writing the PropertyBblotter. I am thinking about Thanksgiving because it is my favorite holiday and because it has been so incredibly gorgeous the last few days. The air is crisp. The sunshine is bright. It just makes me feel grateful to be alive. And somehow those feelings tie into how I feel about the Property Blotter. We have been writing this blog for 20 months. In that time we have had the pleasure of sharing our passion for real estate and for this wonderful town that we live in. We have also been fortunate to have people contact us to get information, and even to buy and to sell homes. We are grateful for our loyal readers and hope that you are enjoying and learning from what we are able to share.
In that light, today I want to take us back to the roots of the Blotter and remind our readers that the name is completely local to Lake Oswego and references the Police Blotter that is published each Thursday in The Lake Oswego Review, the local newspaper. The Review is widely read in LO, both to see photos and hear about our neighbors, and also to get a good chuckle over the varied activities of our local law enforcement. Let’s face it, while LO is not immune to crime, there is quite a bit of time when the good men and women of our police department deal with some pretty funny stuff. So the Police Blotter is in some ways a form of entertainment. I thought I’d take time today to share a bit of the Property Blotter’s namesake. Here, for your reading enjoyment, are actual police activities that were published in the LO Review from a two week period in late September. Enjoy.
9/14/09 1:47 pm A man fell down while walking on a broken sidewalk on Boones Ferry Rd.
9/14/09 4:10 pm An elderly man acted confused at a pizza restaurant.
9/15/09 12:54 pm Police saved a man from being stranded on his roof after his ladder fell down while he was working on it. The ladder was replaced and the man came down.
9/15/09 1:39 pm A caged leopard was observed in a vehicle traveling down Highway 43.
9/15/09 4:47 pm An old lady has been throwing plums at her neighbor.
9/15/09 5 pm An injured pheasant was caught on the side of the road by officers and taken to the Audobon Society.
9/16/09 1:44 pm A woman complained that her neighbor’s garage sale had been going on for far too long.
9/17/09 8:58 pm A short, heavy, suspicious man was advised to leave a super market after he was observed leaning against a wall.
9/18/09 7:48 pm After leaving his scooter on a dock, a man returned to find that it was missing. It turned out the scooter had been thrown into the water by a mentally challenged boy, whose father agreed to pay for a new scooter.
9/19/09 8:41 am A racoon found injured in the middle of the road was taken to a Lake Grove veterinarian.
9/19/09 6:23 pm A person dropped a glass on Lakeview Boulevard, then got out and tried to pick it up.
9/21/09 9:09 am A man in a van has been parking behind a church and sleeping. Church officials hope he will wake up and leave.
9/22/09 1:38 pm A large swarm of yellow jackets was seen a Maple Circle. A beekeeper was notified to respond.
9/24/09 2:16 am A dog cornered a raccoon in a backyard.
9/24/09 7:28 pm A man’s 10-year-old son was screaming about not being able to get on a computer.
9/25/09 11:35 am A dark blue Jeep Liberty was seen driving over yellow lines and onto the sidewalk on Boones Ferry Road. An alternative driver was located to drive the car.
9/25/09 5:03 pm A 15-year-old boy reported a man in an Alden Utilities vest riding a bicycle through his yard. Turns out Alden Utilities is taking a pole inventory.
9/25/09 8:40 pm A suspicious man was going door to door on Albert Circle claiming to be the Kirby Vacuum guy.
9/26/09 1:54 pm A back pack with drug paraphernalia was reportedly found at Our Lady of the Lake. Officers determined the contents were just garbage and disposed of them.
9/26/09 2:41 pm A dead squirrel was removed from Lake Grove Avenue.
9/26/09 10:13 pm A complaint was filed on a loud party at Country Woods Court and Quarry Road. Partiers shut the garage door and turned the music down.
9/26/09 11:59 pm The partying continued on Country Woods Court. Homeowners were warned of a citiation.
We may be just 15 minutes from downtown Portland, but reading the LO Review’s Police Blotter really puts into perspective that LO has the personality of a small town. Our police department has a 100% personal response policy. When you call the police, for whatever issue no matter how small or how large, you will get a police officer who will personally respond. And then the next week, you will see it in the Lake Oswego Review. I love it.
Wow. This is some kind of a record for the Blotter. There were 14 New properties that came on the market, and nearly all of them were truly fresh listings. The only one that would not necessarily be something I would categorize as “New”, being as it was not off the market for at minimum 30 days, is the Sherbrook property, but I included it as it went to bank-owned status and that is a significant change. There were 6 that went to Pending status, and a whopping 22 that Sold in Lake Oswego last week according to RMLS.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Oct. 26—Nov.1, 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
72 CERVANTES CIR
$125,000
2
1.1
912
CONDO
10/29/2009
172 OSWEGO SUMMIT
$179,950
2
2
1,383
CONDO
10/29/2009
210 Durham ST
$199,900
3
1.1
1,318
CONDO
10/29/2009
28 WHEATHERSTONE
$230,000
3
2.1
1,692
CONDO
10/27/2009
5686 WASHINGTON CT
$275,000
2
2
1,160
DETACHD
10/30/2009
14431 SHERBROOK PL
$299,900
4
3
3,284
DETACHD
10/30/2009
1601 GREENTREE RD
$340,100
3
2.1
2,444
DETACHD
10/28/2009
2697 LOOKOUT CT
$450,000
3
2
2,419
DETACHD
10/31/2009
252 NORTHSHORE RD
$459,000
3
1
2,280
DETACHD
10/28/2009
5 GARIBALDI ST
$574,800
4
3.1
3,250
DETACHD
10/26/2009
4703 CAMBRIDGE CT
$579,000
2
2.1
2,914
ATTACHD
11/1/2009
17879 HILLSIDE DR
$599,900
3
3
3,049
DETACHD
10/26/2009
4688 CHELSEA LN
$649,900
4
2.1
3,493
DETACHD
10/26/2009
744 9TH ST
$1,275,000
4
3.1
4,255
DETACHD
10/27/2009
PENDING SALES (Oct. 26 -Nov. 1, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
5958 KENNYCROFT WAY
$224,900
3
2.1
1,450
DETACHD
63
16018 WALUGA DR
$415,000
4
2
2,200
DETACHD
9
6 BECKET ST
$425,000
3
2.1
2,767
DETACHD
380
135 FURNACE ST
$709,900
2
2.1
1,927
CONDO
97
19422 LORNA LN
$805,000
5
3.1
4,011
DETACHD
14
18414 Old River Landing
$2,588,000
4
4.2
6,498
DETACHD
499
SOLD (Oct. 26-Nov. 1, 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
CDOM
32 OSWEGO SMT
$149,900
$123,670
1
1
752
CONDO
497
86 KINGSGATE RD
$125,900
$130,900
2
2
849
CONDO
38
578 S STATE
$160,000
$145,000
2
1
914
CONDO
343
3814 BOTTICELLI ST
$154,000
$151,000
2
2
1,055
ATTACHD
35
48 EAGLE CREST DR
$175,000
$160,000
2
2
1,443
CONDO
108
16651 LAKE FOREST BLVD
$239,900
$226,500
3
1
1,230
DETACHD
34
4105 DOUGLAS WAY
$384,900
$255,000
7
2.1
2,856
DETACHD
501
2961 DELLWOOD DR
$350,000
$350,000
3
3
2,476
DETACHD
192
1625 CLOVERLEAF RD
$364,900
$359,900
3
2
1,996
DETACHD
15
534 D AVE
$379,900
$379,900
3
2
1,400
DETACHD
62
2161 CREST DR
$417,500
$381,500
4
2.1
2,648
DETACHD
73
2851 PARK RD
$429,950
$385,000
4
2.1
2,674
DETACHD
137
41 HILLSHIRE DR
$427,000
$400,000
4
3
2,670
DETACHD
437
3 CELLINI CT
$465,000
$405,000
4
2.1
2,531
DETACHD
240
14666 UPLANDS DR
$595,000
$470,530
3
2.1
2,568
DETACHD
114
2330 DELLWOOD DR
$495,000
$478,500
5
3.1
3,468
DETACHD
4
400 LAKE BAY CT
$579,900
$502,000
3
2.1
1,680
DETACHD
198
13175 THOMA RD
$579,900
$559,000
3
2
1,920
DETACHD
8
570 7TH ST
$675,000
$625,000
3
2.1
2,528
DETACHD
265
13531 FIELDING RD
$849,000
$645,000
4
3.1
4,629
DETACHD
463
2600 DELLWOOD DR
$875,000
$699,000
4
3
3,690
DETACHD
486
243 10TH ST
$2,495,000
$1,860,000
5
4.2
5,644
DETACHD
434
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.
Geez… It’s November already! You know what that means… Halloween’s over, Thanksgiving is only a few weeks away, and then the Holidays, gift-giving… OK, I’ll stop : ) Right now it’s Fall, and Sunday is supposed to be a nice one w/sunshine and some decent temperatures. Also, the announcement that we are pretty darned close to an extension of the First-Time-Home-Buyer Tax Credit (which additionally applies, by the way, to those who have not owned a home for three years now) and the proposal of an additional $6500. Tax Credit for those “Buying Up” if you meet income guidelines (under $125,000. for an individual or $225,000. for couple filing jointly) and purchase a house for $800,000. or less. And you thought your dreams were going to have to wait!
Dianne and I are, as always, here for you.
There are 26 properties on tour in Lake Oswego Sunday according to RMLS (including the Luxury Townhomes at 363 Sixth St in First Addition) :
It isn’t often that we shine the spotlight on any particular property, but when we heard that the new luxury town homes on Sixth St in sought-after First Addition had just lowered their prices by $100,000 each to $599,900., Dianne and I just had to run over there and take a look.
There are six of these little gems with four of them left & available for purchase. The address is 363 Sixth St., and the ML# if you want to get a preview is 9057549. Each has 2258 SF, 3 bedrooms, 3 & 1/2 baths, 2 levels with additional full finished basements, and probably just everything you’ve been looking for.
First of all, they really are gorgeous. The finishes in these are superior. The first feature you notice inside are the beautiful plank maple hardwood floors. A sleek yet spacious slab granite kitchen with long island, pantry & light beech cabinets also boasts additional built-ins and smart features like a pull-down bar. The dark french doors to the front porch area off the dining room are a rich contrast, and the white wainscoting throughout adds that crisp old-world cottage feel. The 2-car detached garage out back with private courtyard to the house is an added bonus in First Addition, and from there you enter the great room compete with gas fireplace and more built-ins.
Downstairs you find another gas fireplace and generous media room as well as another bedroom & bathroom w/an additional laundry area for guests or your reclusive teenager. Upstairs is the master bedroom & bath showing off glorious travertine w/onyx, a clawfoot tub & separate shower as well as an additional bathroom w/soaker tub & yet another bedroom. Walk-in closets of course, and the main laundry near the upstairs bedrooms check those final “must-haves” off the list.
Overall, these are just so unique & have that easy-living feel that goes hand in hand with the First Addition lifestyle… you know, walking to all the services, trendy shops and restaurants, not to mention Millenium Park Plaza for a view of the lake & all the festive local activities like Farmer’s Market, open air Movie Nights, Holiday Tree-Lighting festivities and on & on. First Addition is just a strolling kinda place; a small-town feel with all the amenities. Cottage Living magazine named First Addition as one of the ten best cottage communities in the country. American Planning Association name it one of the top 10 neighborhoods in America. The accolades go on & on.
Yes, these are nice indeed. But you know, on the practical side, in addition to the location & amazing price when comparing features & finishes to other offerings, there are also NO HOA fees. Compare that with other HOA’s nearby at anywhere from $136./month to $455./mo.
Come on down & take a look. Bring a Realtor as there has been a lot of interest. They will be held open both Saturday & Sunday from 1 – 4.
Last week brought 19 new listings onto the market, 13 pending sales, and 9 closed sales. This week I noticed four really interesting new listings. As you know, Linda and I weed out the “new” listings that are simply old listings with new listing numbers. So each week we research the market history to report on properties that really are new on the market. This week there are several new listings that were pulled off the market months ago and are now being re-listed at drastically reduced prices. I’m not talking about a minor price reduction, I’m talking about slashing the price. In two cases the houses are now on the market as bank foreclosures, and in two cases it looks to me like home owners who are saying “What’s it going to take to get my house sold?” Here are the reductions: 18064 Jenifers Way, reduced $150,000; 2000 Wembly Park, reduced $325,000; 702 Terrace, reduced $420,000; and 830 Cabana, reduced $727,000. These are incredible price reductions and represent real investment opportunities.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (Oct. 19—Oct.25, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
Close Price
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
47 EAGLE CREST DR
$148,000
3
1
1,024
CONDO
10/19/2009
16790 LAKE FOREST BLVD
$179,000
2
1
780
DETACHD
10/25/2009
16535 ROOSEVELT AVE
$259,000
3
2
1,495
DETACHD
10/19/2009
5225 JEAN RD
$259,900
2
2
1,400
CONDO
10/23/2009
16546 BONAIRE AVE
$274,900
3
1
1,064
DETACHD
10/19/2009
14300 SHERBROOK PL
$354,500
3
2.1
1,924
DETACHD
10/22/2009
17755 HILL WAY
$364,900
4
3
1,831
DETACHD
10/22/2009
16018 WALUGA DR
$415,000
4
2
2,200
DETACHD
10/20/2009
3402 LAKE GROVE AVE
442000
3
2
1,686
DETACHD
10/25/2009
702 TERRACE DR
475000
3
3
3,429
DETACHD
10/23/2009
209 HIDALGO ST
498000
4
2.1
2,620
DETACHD
10/21/2009
17670 MARYLBROOK DR
499000
3
2.1
3,067
DETACHD
10/22/2009
2000 WEMBLEY PARK RD
540000
4
3
2,660
DETACHD
10/21/2009
18064 JENIFERS WAY
599000
3
2.1
2,859
DETACHD
10/23/2009
830 CABANA LN
668250
4
3.1
3,029
DETACHD
10/20/2009
13278 ROGERS RD
695000
3
2.1
2,964
DETACHD
10/19/2009
13315 HIDDEN BAY CT
729000
5
2.1
3,671
DETACHD
10/23/2009
548 RIDGEWAY RD
1195000
4
3
2,830
DETACHD
10/19/2009
1626 ENGLEWOOD DR
1750000
4
2.2
5,690
DETACHD
10/19/2009
PENDING SALES (Oct. 19 -Oct. 25, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
4 TOUCHSTONE
$119,900
2
2
984
CONDO
43
3930 LAKE GROVE AVE
$144,900
2
1
952
CONDO
28
73 OSWEGO SMT
$159,900
2
2
1,212
CONDO
440
4948 SW MEADOWS AVE
$229,000
3
2
2,491
DETACHD
122
3497 DEVONSHIRE DR
$259,900
3
2
1,556
ATTACHD
145
5347 RED LEAF ST
$329,000
3
2
1,456
DETACHD
14
5096 SW TREE ST
$334,900
3
1.1
1,410
DETACHD
462
17366 CARDINAL DR
$425,000
4
2.1
2,107
DETACHD
56
13584 TWIN CREEK LN
$449,900
4
2.1
2,615
DETACHD
2
410 LAUREL ST
$464,500
4
2.1
2,064
DETACHD
138
13175 THOMA RD
$579,900
3
2
1,920
DETACHD
8
19463 LORNA LN
$805,000
4
3.1
4,024
DETACHD
6
13083 SW KNAUS RD
$2,295,000
5
4.1
4,900
DETACHD
598
SOLD (Oct. 19-Oct. 25, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
340 CERVANTES CIR
$120,000
$105,000
2
1.1
912
CONDO
122
15230 BOONES WAY
$164,900
$158,500
2
2
1,185
CONDO
77
195 OSWEGO SMT
$279,900
$183,700
2
2
1,506
CONDO
343
5 PEACOCK PL
$330,000
$289,500
4
2.1
1,760
DETACHD
169
17860 Sundown CT
$499,900
$320,000
4
3.1
3,480
DETACHD
136
14141 GOODALL RD
$359,900
$375,000
3
2.1
1,754
DETACHD
91
19 TOUCHSTONE
$415,000
$390,000
4
3
2,789
DETACHD
107
5329 Langford LN
$725,000
$719,000
3
2.1
2,962
DETACHD
302
1708 VILLAGE PARK LN
899000
889000
4
2.1
3,211
DETACHD
13
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 a wonderful assortment of Holiday Events coming up here in Lake Oswego. It is a great time of year and the community comes together to celebrate Thanksgiving, Christmas, and New Year’s.
I have two things on my mind today: Thanksgiving and how much Linda and I are loving writing the PropertyBblotter. I am thinking about Thanksgiving because it is my favorite holiday and because it has been so incredibly gorgeous the last few days. The air is crisp. The sunshine is bright. It just makes me feel grateful to be alive. And somehow those feelings tie into how I feel about the Property Blotter. We have been writing this blog for 20 months. In that time we have had the pleasure of sharing our passion for real estate and for this wonderful town that we live in. We have also been fortunate to have people contact us to get information, and even to buy and to sell homes. We are grateful for our loyal readers and hope that you are enjoying and learning from what we are able to share.
It isn’t often that we shine the spotlight on any particular property, but when we heard that the new luxury town homes on Sixth St in sought-after First Addition had just lowered their prices by $100,000 each to $599,900., Dianne and I just had to run over there and take a look.
ML# if you want to get a preview is 9057549. Each has 2258 SF, 3 bedrooms, 3 & 1/2 baths, 2 levels with additional full finished basements, and probably just everything you’ve been looking for.
cabinets also boasts additional built-ins and smart features like a pull-down bar. The dark french doors to the front porch area off the dining room are a rich contrast, and the white wainscoting throughout adds that crisp old-world cottage feel. The 2-car detached garage out back with private courtyard to the house is an added bonus in First Addition, and from there you enter the great room compete with gas fireplace and more built-ins.
Downstairs you find another gas fireplace and generous media room as well as another bedroom & bathroom w/an additional laundry area for guests or your reclusive teenager. Upstairs is the master bedroom & bath showing off glorious travertine w/onyx, a clawfoot tub & separate shower as well as an additional bathroom w/soaker tub & yet another bedroom. Walk-in closets of course, and the main laundry near the upstairs bedrooms check those final “must-haves” off the list.
Overall, these are just so unique & have that easy-living feel that goes hand in hand with the First Addition lifestyle… you know, walking to all the services, trendy shops and restaurants, not to mention Millenium Park Plaza for a view of the lake & all the festive local activities like Farmer’s Market, open air Movie Nights, Holiday Tree-Lighting festivities and on & on. First Addition is just a strolling kinda place; a small-town feel with all the amenities. Cottage Living 
magazine named First Addition as one of the ten best cottage communities in the country. American Planning Association name it one of the top 10 neighborhoods in America. The accolades go on & on.
Come on down & take a look. Bring a Realtor as there has been a lot of interest. They will be held open both Saturday & Sunday from 1 – 4.