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Lake Oswego Real Estate Market Activity – October 27-November 2, 2008

Whoa&#0133Market activity in Lake Oswego finished October with a flurry of closed sales.

Eighteen home sales grace the report this week, including a number of condo sales in the 555 2nd St. project in First Addition and a bunch in Westlake neighborhood, too.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 27—November 2, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
4000 CARMAN DR
$144,000
1
1
767
CONDO
10/30
4 SW TOUCHSTONE DR
$199,900
3
2.1
1,350
CONDO
10/27
450 S STATE ST
$200,000
2
1
800
CONDO
11/2
668 MCVEY AVE
$269,000
1
1
626
CONDO
10/30
30 CONDOLEA DR
$319,900
2
2
1,420
ATTACHD
10/31
4458 THUNDER VISTA LN
$329,500
3
2.1
2,200
CONDO
10/29
4451 BERNARD ST
$349,950
4
2
1,800
DETACHD
10/29
1640 WORTHINGTON ST
$359,900
4
3
2,342
DETACHD
10/28
56 GREENRIDGE CT
$365,000
3
2.1
1,996
ATTACHD
11/2
18959 KRISTI WAY
$384,900
3
2
1,778
DETACHD
10/30
4760 LOWER DR
$419,500
4
3
3,252
DETACHD
10/27
5415 BAY CREEK DR
$599,950
3
2.1
2,827
DETACHD
10/31
13176 SANDALWOOD CT
$639,900
4
2.1
2,982
DETACHD
10/31
18116 PIONEER CT
$689,900
5
3
3,500
DETACHD
11/1
4043 ORCHARD DR
$699,000
4
2.1
3,339
DETACHD
10/31
4079 COLTSFOOT LN
$719,133
5
4
3,308
DETACHD
10/31
8 GARIBALDI ST
$765,000
4
3
3,850
DETACHD
10/31
14101 REDWOOD CT
$824,900
3
3.2
2,629
DETACHD
10/28
17606 WOODHURST PL
$949,000
5
3.1
4,488
DETACHD
10/28
16545 MAPLE CIR
$949,900
3
2.1
3,100
DETACHD
10/27
18475 CRESTLINE DR
$1,548,500
4
4.1
4,660
DETACHD
10/27
17951 MEADOWLARK LN
$1,549,000
4
3.2
5,065
DETACHD
10/29

PENDING SALES (October 27—November 2, 2008)

ADDRESS
LIST PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
595 6TH ST
$314,800
3
1
1,520
DETACHD
40
642 EVERGREEN RD
$354,900
2
1
800
DETACHD
201
4292 GALEWOOD ST
$414,900
3
2.1
1,644
DETACHD
77
1130 LAUREL ST
$439,000
4
2
2,800
DETACHD
86

SOLD (October 20—October 26, 2008)

ADDRESS ORIG. PRICE SALE PRICE
# BEDS
# BATHS
TOT. SQ FT
 PROP TYPE
DOM
44 EAGLE CREST DR
$150,000
$148,000
2
1
908
CONDO
266
1764 CONIFER DR
$319,000
$305,000
3
1
1,200
DETACHD
82
14588 WILMOT WAY
$429,900
$405,000
4
3
2,238
DETACHD
34
525 2ND ST
$425,600
$425,600
2
2
1,120
CONDO
454
14300 CAMDEN LN
$550,000
$465,000
4
2.1
2,346
DETACHD
162
17162 WARREN CT
$532,500
$497,000
4
2.1
2,231
DETACHD
126
537 2ND ST
$516,800
$519,185
2
2
1,292
CONDO
201
112 D AVE
$612,900
$549,000
2
2.1
1,741
ATTACHD
253
1545 CLOVERLEAF RD
$568,840
$565,000
4
3.1
2,723
DETACHD
13
13984 CHELSEA DR
$715,000
$675,000
4
2.1
3,187
DETACHD
16
4118 GLACIER LILY ST
$888,000
$757,000
4
3.1
4,452
DETACHD
174
13719 ROGERS RD
$869,000
$800,000
4
2.1
3,204
DETACHD
28
543 2ND ST
$789,960
$826,399
2
2.1
1,816
CONDO
238
545 2ND ST
$797,355
$827,355
2
2.1
1,833
CONDO
91
565 2ND ST
$832,200
$832,200
2
2.1
1,752
CONDO
513
1420 MORNING SKY CT
$989,000
$885,000
4
3.1
3,578
DETACHD
50
2080 RIDGE POINTE DR
$1,200,000
$1,030,000
5
4
4,587
DETACHD
188
16852 ALDER CIR
$1,950,000
$1,730,000
4
3.1
2,873
DETACHD
41

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.

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Lake Oswego Open Houses – November 1-2, 2008

After the goblins and zombies depart the streets by morning, there will be open houses this weekend in Lake Oswego. So, grab a handful of the kids’ candy and head out!

Date Time MLS # Address
List Price
Bdrms
Baths
Total SF
11/2/08 1-4 PM 8100262 4000 CARMAN DR
$149,900
2
2
869
11/2/08 2-4pm 8101475 16811 LAKERIDGE DR
$375,000
3
2
1,871
11/1/08 10am-2pm 8101670 14300 SHERBROOK PL
$380,000
3
2.1
1,924
11/2/08 2:00 – 4:00 8094676 19664 RIVER RUN DR
$559,900
4
2.1
3,051
11/2/08 1-4pm 8096025 3211 ALBER SPRING CT
$679,000
4
2.1
3,002
11/1/08 2-4:00 8073049 4031 OLD GATE ROAD
$699,700
4
3.1
3,704
11/1/08 1-3pm 8075613 15540 VILLAGE DR
$988,000
5
2.1
3,780
11/1/08 1pm-4pm 8094126 2600 DELLWOOD DR
$1,199,000
4
3
3,690
11/2/08 1-3pm 8035828 18253 Siena DR
$1,274,500
5
4
4,281
11/2/08 1-3pm 8003164 17464 RIDGEVIEW LN
$1,298,950
4
3.1
4,407
11/2/08 1-3pm 8037111 622 OAK MEADOW DR
$1,325,000
4
3.1
4,171
11/2/08 1-3pm 8056075 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
11/2/08 1-3pm 8097960 657 OAK MEADOW DR.
$1,395,000
4
3.1
4,371
11/2/08 1-3pm 8035967 18224 Bella Terra DR
$1,395,000
4
4
4,050
11/2/08 1-4pm 8096195 17512 GREENBLUFF LOT 1 DR
$1,425,000
4
4
3,777
11/2/08 1-3pm 8035973 18231 Siena DR
$1,425,000
4
3.2
4,064
11/2/08 1-3pm 8011074 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,704
11/2/08 1-3pm 8035974 18209 Siena DR
$1,525,000
5
4.1
4,400
11/2/08 1-3pm 8035813 18110 Siena DR
$1,650,000
4
3.1
4,311
11/2/08 1-4pm 8065976 17512 GREENBLUFF LOT 2 DR
$1,850,000
4
2.1
5,042
11/2/08 11am-1pm 8099688 13200 THOMA RD
$2,395,000
5
5.2
7,648

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. Listings courtesy of RMLS.

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What… Dispose of These Beautiful Leaves?

I crunch my way to the mailbox to pick up the daily paper thrown there in the walkway, and look up half asleep at the clear blue sky feathered with white brush strokes.

Another gorgeous day in Lake Oswego.

I turn around and head back in to my coffee, passing my tomatoes in their pots on the kitchen patio, inspecting them to see which green ones have started to turn so that I can bring them in to finish on my counter (I like to watch them ripen there). As I start to close the door I decide to leave it open to look out at the beautiful array of colors… red, yellow, green, and all stages in between on their way to the next hue.

A friend told me the other day that she loves Fall… I said I don’t, because it reminds me that summer is fading… gone. But as I think of it today, I guess I lied because even though summer is my favorite season (OK… I’m into excess… maximum exposure to sun/greenery/life in bloom) Fall does have that peaceful, lazy feel of knowing that cozy nights by the fireplace are not too far off- snow days here & there for my 16-year old, and watching kids slide down the hill on trash can lids or whatever else they can find on those rare days- even the big turkey on the table with friends gathered round- it’s all coming closer.

Yes, summer is gone, but this special time… this crisp, colorful season is so… what? I guess it is comforting. Warm even as temperatures chill. Though everything changes, nature is kind. There is beauty and pleasure in every single phase of the year. For now we can enjoy the relatively warm weather, the crisp skies, the amazing, fiery colors and the unique gifts of this season which seem to whisper: Live now. Always now.

Lake Oswegans: Remember to either dispose of your Fall leaves at designated drop-off sites including Grimm’s Fuel, compost them, or place them in “kraft” bags available at hardware and home-improvement stores for pick-up by Allied Waste for an additional $3.04 per bag charge. Happy Fall!

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Lake Oswego Real Estate Activity – October 20-26, 2008

While we aren’t seeing an epidemic in Lake Oswego, a couple short sales appear in this week’s list of newly listed properties. Short sales occur when the homeowner must sell, but owes more on the mortgage than the current market value will bear. These transactions can be tricky for both home seller and buyer.

Here is the weekly list showing Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 20—October 26, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
17 CRESTFIELD CT
$95,000
2
1
923
CONDO
10/22
15938 QUARRY RD
$164,500
2
1
991
CONDO
10/21
578 S STATE ST
$219,900
2
1
914
CONDO
10/22
16535 ROOSEVELT AVE
$299,000
4
2
1,495
DETACHD
10/19
68 WHEATHERSTONE CT
$325,000
4
3.1
2,465
CONDO
10/22
15255 BOONES WAY
$359,900
3
2.1
1,556
ATTACHD
10/19
4470 CHAPMAN WAY
$380,000
3
3
2,125
DETACHD
10/19
14300 SHERBROOK PL
$380,000
3
2.1
1,924
DETACHD
10/21
5973 KENNYCROFT WAY
$387,900
3
1.1
1,202
DETACHD
10/20
16964 MAPLE CIR
$449,000
2
1
744
DETACHD
10/21
353 ASH ST
$499,900
3
3.1
2,765
DETACHD
10/22
17144 WARREN CT
$547,000
4
2.1
2,725
DETACHD
10/21
17083 FERNWOOD DR
$615,000
5
3
2,868
DETACHD
10/21
605 SW Country Club RD
$624,900
5
2.1
3,170
DETACHD
10/25
13873 MELROSE PL
$669,000
4
3.1
5,294
DETACHD
10/22
18402 ANDUIN TER
$699,995
5
3.1
4,302
DETACHD
10/22
878 10TH ST
$714,000
2
2
1,380
DETACHD
10/19
17388 CEDAR RD
$994,500
2
1
2,134
DETACHD
10/19
18094 PILKINGTON — Lot 16 RD
$999,000
4
2.1
4,000
DETACHD
10/22
104 3RD ST
$1,050,000
2
2
1,151
DETACHD
10/24
17860 CRESTLINE DR
$3,300,000
4
5.2
6,810
DETACHD
10/20

PENDING SALES (October 20 —October 26, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
22 CONDOLEA DR
$329,900
2
2
1,454
CONDO
36
12251 ORCHARD HILL RD
$389,500
3
2
1,868
DETACHD
19
13036 SIERRA CT
$509,000
3
2
2,096
DETACHD
104
2435 PARK RD
$524,900
4
3
2,940
DETACHD
302
1012 ANDREWS RD
$530,000
3
2
2,246
DETACHD
133
17 CELLINI CT
$550,000
5
3.1
3,113
DETACHD
170
17760 LAKE HAVEN DR
$899,999
4
2.1
2,051
DETACHD
224

SOLD (October 13—October 19, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
4 TOUCHSTONE
$135,900
$93,000
2
2
984
CONDO
135
39 ORIOLE LN
$345,000
$295,000
2
1.1
1,310
DETACHD
206
16990 LOWER MEADOWS DR
$515,000
$367,500
3
2.1
2,000
DETACHD
600
2600 BREE CT
$500,000
$385,000
4
2.1
2,895
DETACHD
193
5475 Willow Court
$509,000
$450,000
3
2.1
2,438
ATTACHD
2811 PARK RD
$625,000
$525,000
4
2.1
2,248
DETACHD
91
539 2ND ST
$874,000
$543,600
2
2
1,339
CONDO
532
12986 KNAUS RD
$849,900
$580,000
4
4
3,202
DETACHD
526

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.

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Lake Oswego Open Houses – October 25-26, 2008

This weekend’s Lake Oswego open house list:

Date Time MLS # Address
List Price
Bdrms
Baths
Total SF
10/26/08 1-3pm 8100527 47 EAGLE CREST DR
$105,000
1
1
672
10/26/08 1 – 4PM 8098175 47 EAGLE CREST DR
$149,900
2
1
932
10/26/08 1-3pm 8098577 44 EAGLE CREST DR
$154,900
3
2
1,085
10/26/08 1-3pm 8061483 15938 QUARRY RD
$163,900
2
1
991
10/26/08 1 TO 3 8099801 18728 KRISTI WAY
$299,900
3
1
1,095
10/25/08 12 to 3 8082573 668 4TH ST
$439,900
2
2
1,502
10/26/08 1 to 4 8082573 668 4TH ST
$439,900
2
2
1,502
10/26/08 1-3pm 8062608 13217 FOX RUN
$550,000
4
3
2,706
10/26/08 1-4pm 8100813 5807 RIDGETOP CT
$589,900
5
2.1
2,660
10/26/08 2-4pm 8058816 1245 BAYBERRY RD
$609,000
3
2
1,728
10/26/08 2-4pm 8066402 1141 TROON RD
$648,850
4
3
2,522
10/26/08 11-1PM 8100918 878 10TH ST
$714,000
2
2
1,380
10/26/08 1-4pm 8098614 15939 TWIN FIR RD
$799,000
3
2
2,480
10/26/08 1-4pm 8096740 14270 EDENBERRY DR
$845,000
4
2.1
2,935
10/26/08 1-4pm 8084663 426 7TH ST
$875,000
4
2.1
2,902
10/26/08 2:00-4:00 8057344 3030 SW WESTVIEW CT
$959,000
4
2.1
3,415
10/26/08 1 pm – 4 pm 8083109 17878 HILLSIDE DR
$995,000
5
3
3,462
10/25/08 10am – 4pm 8055831 12424 SW 22ND AVE
$1,100,000
5
4.1
4,771
10/26/08 10am – 4pm 8055831 12424 SW 22ND AVE
$1,100,000
5
4.1
4,771
10/25/08 10am – 4pm 8055815 12439 SW 22ND AVE
$1,170,000
4
3.1
4,118
10/26/08 10am – 4pm 8055815 12439 SW 22ND AVE
$1,170,000
4
3.1
4,118
10/26/08 1-3pm 8035828 18253 Siena DR
$1,274,500
5
4
4,281
10/26/08 1-3pm 8003164 17464 RIDGEVIEW LN
$1,298,950
4
3.1
4,407
10/26/08 1-3pm 8037111 622 OAK MEADOW DR
$1,325,000
4
3.1
4,171
10/26/08 1-3pm 8056075 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
10/26/08 1-3pm 8035967 18224 Bella Terra DR
$1,395,000
4
4
4,050
10/26/08 1-3pm 8097960 657 OAK MEADOW DR.
$1,395,000
4
3.1
4,371
10/26/08 1-3pm 8035973 18231 Siena DR
$1,425,000
4
3.2
4,064
10/26/08 1-3pm 8011074 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,704
10/26/08 1-3pm 8035974 18209 Siena DR
$1,525,000
5
4.1
4,400
10/26/08 3-5pm 8094075 16771 MAPLE CIR
$1,650,000
3
3
2,074
10/26/08 11am – 1pm 8099688 13200 THOMA RD
$2,395,000
5
5.2
7,648

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. Listings courtesy of RMLS.

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Worth the Drive

I want to make sure you know about a spectacular tree on the corner of 3rd and C Avenues.

It’s an ancient Sugar Maple (Acer saccharum) and at this time of year I always make sure that I drive over to look at it. It’s not quite at it’s peak. When it is in it’s greatest glory, in another week or two, it will be the most vibrant shade of orange that I have ever seen in a tree. It is also just huge. The trunk is gnarled and gorgeous.

It was designated a Heritage Tree by the City of Lake Oswego in 1998. Check it out. It is well worth the drive.

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Mortgage Options

While we may currently be in turbulent economic times, I want to make it known that solid and safe mortgage options still exist.

I must also state that the mortgage industry has changed. There are no longer no-income qualifying loans, and 100% financing is almost non-existent. What it reminds me of is the financial climate that existed when I first obtained my real estate license in 1987. Back then you pretty much had to have at least 3% down and you had to provide full documentation to show your ability to repay your loan. That is a good description of today’s mortgage market. But even in this tight climate, there are some interesting options.

First is FHA. FHA is a mortgage option that is backed by the Federal Government. It is intended to help people become homeowners, but it is not limited to first-time buyers. The necessary down payment is just 3%, although this is increasing to 3.5% in January. The purchase price can be as high as $362,790 in Clackamas, Multnomah or Washington Counties. There are no pre-payment penalties. It is fully assumable. The mortgage insurance premiums are typically lower than those available on conventional mortgages, and the interest rate offered is typically very competitive. As of 10/18/08, there are 34 houses for sale in Lake Oswego that are priced within the FHA loan limit.

If you are a veteran, you will enjoy your veteran’s benefits when you buy a home because you are one of the few borrows who can still get 100% financing. For a purchase of up to $417,000 you can finance 100% of the purchase price. If the purchase price is over $417,000, you can go as high as $1,500,000 if you have a 25% down payment for the amount that exceeds $417,000. There is no mortgage insurance and the interest rates are always on the low end of what is offered. As of 10/18/08, there are 69 houses for sale in Lake Oswego that are within the VA loan limit for 100% financing.

My resource for the information about FHA and VA loans is Robin Cusma, a senior loan officer at Northwest Mortgage Group. I think of Robin as my miracle worker. If you are looking for a good loan officer, I highly recommend her services. She can be reached at rcusma@nwmortgagegroup.com.

So what if you don’t have 3% down and you are not a veteran? Can you still get 100% financing? Yes, you have two options that I know of. First is the Guaranteed Rural Housing Program. This is a government sponsored loan to assist rural communities. The catch is that the town that the house exists in has to have a population of less than 25,000 people, so it won’t work in Lake Oswego. The other program is offered exclusively at Key Bank. It is the Key Community Mortgage Program and it’s pretty amazing. Not only is it 100% financing, but it has no mortgage insurance. In order to obtain this loan, one of two criteria must be met. The property must be located in a targeted area (and Lake Oswego is not in a targeted area, to see the targeted areas click here) or the household income of the borrower must be 80% or less of the medium income for the county. In Lake Oswego/Clackamas County, the medium income is $65,000 and 80% of that is $52,000. So could you buy a house in Lake Oswego using this program? Probably not. House prices in Lake Oswego remain substantially higher than the $162,000 sales prices that would be the top-end purchase price with the income restriction. However, I think it is a good program to be aware of and it may be something that a borrow would want to consider using in other parts of the metro area. My source for information about the Key Community Mortgage is Lori Randall, a mortgage advisor at KeyBank. For Lori’s website, click here. Or you can contact her at lori_e_randall@keybank.com .

Finally, not focusing on low-down payment options, there remains traditional conventional financing. With 5% or more down, conventional loans remain available to qualified buyers with good credit. Because of the high value of houses in Lake Oswego, a jumbo mortgage may be needed. Are those available? Yes.

A jumbo mortgage is a mortgage that is greater than $417,000. It typically has a slightly higher interest rate than a “conventional” mortgage (that is a mortgage amount of $417,000 or less). When the mortgage crisis first began a year ago, jumbo loans were the most drastically affected. There were a couple of weeks when they simply were unavailable. The jumbo market has since stabilized. A jumbo loan can now be obtained with as little as 10% down if the borrower has a credit score of at least 700 and for loan amounts up to $650,000. Remember that with less than 20% down, there will be mortgage insurance. The old habit, to avoid having to pay mortgage insurance, was to get a combined loan that was an 80% first mortgage and a 10% second mortgage. The borrower ended up with 90% financing, but didn’t have the additional monthly cost of mortgage insurance. There are rumors that these sort of combined loans may be coming back. We will have to wait and see.

The source of my information for jumbo loans is Naida Paris at Valley Mortgage. I have known and worked with Naida for over 20 years. There is no lender with greater integrity than Naida. I highly recommend her services. Naida can be reached at naidaparis@yahoo.com .

While the economic times may be troubling, the mortgage industry has not come to a total standstill. If you find yourself at a point in your life where you need to buy or to sell a home, there are good mortgage options available.

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Lake Oswego Real Estate Activity – October 13-19, 2008

More properties opened or closed escrow last week than entered the market as new listings. Here is your weekly fix of Lake Oswego real estate market activity (see below the tables for additional notes):

NEWLY LISTED (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
LIST DATE
47 EAGLE CREST DR
$105,000
1
1
672
CONDO
10/17
4000 CARMAN DR
$149,900
2
2
870
CONDO
10/15
36 CERVANTES CIR
$189,000
2
1.1
912
CONDO
10/14
3433 MCNARY PARKWAY
$189,900
2
2.1
1,208
CONDO
10/12
195 OSWEGO SMT
$279,900
2
2
1,506
CONDO
10/16
4320 SUNSET DR
$310,000
3
1.1
1,399
DETACHD
10/15
18728 KRISTI WAY
$315,000
3
1
1,095
DETACHD
10/14
4211 WOODSIDE CIR
$325,000
3
2
1,688
CONDO
10/13
4861 LAMONT WAY
$339,900
3
2
1,440
DETACHD
10/14
1685 MAPLELEAF RD
$365,000
3
2
1,433
DETACHD
10/12
1685 CLOVERLEAF RD
$369,000
3
2.1
1,722
DETACHD
10/14
16006 KIMBALL AVE
$465,000
3
2
1,800
RES-MFG
10/12
684 2ND ST
$574,056
3
2.1
1,406
ATTACHD
10/12
696 2ND ST
$588,336
3
2.1
1,473
ATTACHD
10/12
3254 DUNCAN DR
$624,900
5
3.1
3,997
DETACHD
10/14
4691 CHELSEA LN
$629,900
4
2.1
3,102
DETACHD
10/15
672 2ND ST
$714,000
3
2.1
1,779
ATTACHD
10/12
401 ASH ST
$825,000
5
4
5,320
DETACHD
10/12
17177 OLD RIVER DR
$1,050,000
3
3.1
3,129
DETACHD
10/16
1913 CHERYL CT
$1,499,900
4
4.1
5,791
DETACHD
10/18

PENDING SALES (October 13—October 19, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
595 6TH ST
$314,800
3
1
1,520
DETACHD
24
2870 PARK RD
$379,900
4
2.1
2,380
DETACHD
4
5562 ROYAL OAKS DR.
$494,500
4
2.1
2,342
DETACHD
229
13340 AUBURN CT
$495,000
3
2.1
2,451
ATTACHD
222
16 NORTHVIEW CT
$550,000
4
3.1
2,962
ATTACHD
419
1837 CEDAR CT
$599,900
5
3
2,625
DETACHD
250
5698 LA MESA CT
$619,900
4
2.1
2,652
DETACHD
114
4076 COLTSFOOT LN
$622,000
4
3.1
3,882
DETACHD
126
4064 ORCHARD DR
$699,900
4
2.1
3,600
DETACHD
362
5384 Washington CT
$769,900
4
3.1
3,246
DETACHD
415
2680 GLEN EAGLES RD
$999,000
3
3
3,000
DETACHD
405
13701 SW KNAUS RD
$1,199,000
5
4.1
5,730
DETACHD
219

SOLD (October 6—October 13, 2008)

ADDRESS ORIG. PRICE SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
86 KINGSGATE RD
$185,000
$155,000
2
2
938
CONDO
127
86 KINGSGATE RD
$179,900
$171,500
2
2
924
CONDO
60
5225 JEAN RD
$239,900
$232,000
3
2
1,500
CONDO
6
8 BRITTEN CT
$265,000
$240,000
2
2
1,175
ATTACHD
86
28 GREENRIDGE CT
$294,499
$267,000
2
1.1
1,900
ATTACHD
122
2751 SUMMIT DR
$565,900
$389,900
3
2
2,278
DETACHD
396
1123 ERICKSON ST
$620,000
$460,000
4
3
2,893
DETACHD
166
107 3RD ST
$495,000
$470,000
3
2
1,204
CONDO
29
10 GROUSE TER
$528,900
$520,000
4
3.1
3,462
DETACHD
46
17577 BLUE HERON CT
$549,000
$522,438
5
3
2,980
DETACHD
132
858 10TH ST
$639,000
$623,000
3
2.1
2,205
DETACHD
95
5853 SOUTHWOOD DR
$789,900
$630,000
5
2.1
3,707
DETACHD
314
5647 BAY CREEK DR
$665,000
$640,000
5
2.1
3,000
DETACHD
15
14027 CHELSEA DR
$799,000
$660,000
4
2.1
3,092
DETACHD
301
5287 LANGFORD LN
$799,500
$715,000
3
2.1
2,951
DETACHD
452

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.

Posted on

Lake Oswego Open Houses – October 18-19, 2008

If you’re in the market for a townhome in Lake Oswego, stop by Dianne Gregoire’s open house on 4447 Golden Lane in Mountain Park between 2 to 5 pm.

Here’s the list of other Lake Oswego open houses for Saturday and Sunday:

Date Time MLS # Address
List Price
Bdrms
Baths
Total SF
10/19/08 1:00-4:00 8069719 210 S STATE ST
$254,800
2
1
1,284
10/19/08 2-5pm 8079838 4447 GOLDEN LN
$284,900
2
2.1
1,616
10/19/08 1-4pm 8099343 1685 MAPLELEAF RD
$365,000
3
2
1,433
10/19/08 1-3pm 8068876 1265 ROCKINGHORSE LN
$459,000
4
3
2,402
10/19/08 1-3pm 8083631 17445 LAKE HAVEN DR
$579,900
4
3
2,949
10/19/08 1-3pm 8098947 1921 PARK FOREST CT
$624,900
4
2.1
2,531
10/19/08 1-3PM 8060820 400 LAKE BAY CT
$699,000
3
2.1
1,680
10/19/08 12:30-2 8061786 17960 RIDGE LAKE DR
$699,900
4
2.1
3,124
10/19/08 1-3pm 8096115 615 LAKE BAY CT
$739,900
3
3
2,542
10/19/08 1-4pm 8098614 15939 TWIN FIR RD
$799,000
3
2
2,480
10/19/08 1-3pm 8099084 401 ASH ST
$825,000
5
4
5,320
10/19/08 1 – 4 PM 8083109 17878 HILLSIDE DR
$995,000
5
3
3,462
10/19/08 1-3PM 8075581 400 D AVE
$1,099,000
5
3.1
4,000
10/19/08 1-3pm 8035828 18253 Siena DR
$1,274,500
5
4
4,281
10/19/08 1-3pm 8003164 17464 RIDGEVIEW LN
$1,298,950
4
3.1
4,407
10/19/08 1-3pm 8037111 622 OAK MEADOW DR
$1,325,000
4
3.1
4,171
10/19/08 1-3pm 8056075 664 OAK MEADOW DR
$1,355,000
4
3.1
4,198
10/19/08 1-3pm 8097960 657 OAK MEADOW DR.
$1,395,000
4
3.1
4,371
10/19/08 1-3pm 8035967 18224 Bella Terra DR
$1,395,000
4
4
4,050
10/19/08 1-3pm 8035973 18231 Siena DR
$1,425,000
4
3.2
4,064
10/19/08 1-3pm 8011074 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,704
10/19/08 12-2:30 8061212 14070 Goodall RD
$1,499,000
4
3.2
4,460
10/19/08 1-3pm 8035974 18209 Siena DR
$1,525,000
5
4.1
4,400
10/19/08 12-2:30 8061188 14062 Goodall RD
$1,595,000
4
3.1
4,220
10/19/08 1-3pm 8035813 18110 Siena DR
$1,650,000
4
3.1
4,311
10/19/08 3-5PM 8070926 1115 NORTHSHORE RD
$1,949,000
4
4.1
4,330
10/18/08 11:30-1:30 8027694 12901 SW GOODALL RD
$2,195,000
4
4.1
5,333

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon. Listings courtesy of RMLS.

Posted on

Dogs and Dugouts at Hazelia Field

Well, Hazelia Field at Luscher Farm has withstood the test of two seasons and is now receiving not only raves, but awards as well!

Construction was completed on the new multi-use field near Lakeridge High School in the spring, the first sporting events being soccer and lacrosse. The field also accommodates football and baseball. It boasts a playing field made of plastic fibers and ground-up rubber which has excellent lasting capacity and drainage according to Gary Evans, assistant director at Lake Oswego Parks & Recreation. Neighbors’ concerns were addressed with state-of-the-art, computer-controlled, “green” lighting that uses a minimum number of fixtures and reduces energy-wasting light “spill”. The park is open until 10:00PM, but lights may be turned off by teams if they’re finished early by calling a toll-free number and entering a password. Most local leagues may use the field for free once a seasonal fee is paid.

Amenities of the 12-acre site include walking paths and access to trailheads, a beautiful 1.5 acre wetland, playground, parking lot, restroom facility and two luxurious off-leash dog parks- one is 1.6 acres and intended for larger gregarious dogs (though it is open to all dogs), whereas the other is 1.1 acres and reserved for smaller and/or timid dogs. Both dog parks include incredible fencing that is seemingly jump-, dig-, and escape-proof with double-entry gates. There are also benches and picnic tables for dog owners to relax and/or socialize, covered/shady areas for rainy or too-sunny days, water-stations, garbage cans, you-scoop-bags, and open areas for playing fetch or just letting the dogs play.

All this has caught the attention of Oregon Parks and Recreation, who awarded Hazelia Field its “2008 Design Award”. The Design Award recognizes the most well-designed public recreation area, park, athletic field, urban mall or recreation building. Criteria includes maintenance design, cost-effectiveness, visibility and appearance, energy efficiency, price, size, special challenges, innovative design and/or equipment, and most efficient use.

In addition to all Hazelia Field’s offerings, it strives to maintain the rural feel of the neighborhood and the “farm feel” of the site itself. It also implemented an impressive storm water management system wherein open rainwater gardens in the middle of the parking lot collect water and convey it into the wetlands where sediments are settled and water is purified. This is also the case for water collected from the artificial turf field.

So… take a coffee break and give your dog a treat! Head on over and support your local team! But do enjoy this local treasure this fall season, and in all seasons.