Property Blotter

September 3, 2022September 9, 2022

Market Activity ~ Aug 22-28, 2022

Last week Lake Oswego saw 14 properties enter the market, 11 move to Pending status, and 16 Closed/Sold. Right now there are 125 homes available in Lake Oswego ranging from $245,000 to 11.5 mil.

Here is the breakdown according to RMLS:

NEW Aug 22-28, 2022

Address	List Price	Beds	Baths	SF	Prop Type
360 CERVANTES CIR	$240,000	2	1	832	CONDO
4266 WOODSIDE CIR	$519,999	4	2	1944	ATTACHD
136 TOUCHSTONE TER	$630,000	3	2.1	1996	DETACHD
10 MOUNTAIN CIR	$639,000	3	2	1434	ATTACHD
18 PARTRIDGE LN	$780,000	4	3	3145	DETACHD
1620 ASPEN ST	$785,000	4	3	2284	DETACHD
1202 SPRUCE ST	$850,000	2	2.1	1706	DETACHD
4137 ORCHARD WAY	$1,175,000	5	2.1	3680	DETACHD
5786 WASHINGTON CT	$1,199,000	4	3	3186	DETACHD
4410 LORDS LN	$1,485,000	5	3.1	3499	DETACHD
1261 WELLS ST	$1,750,000	4	3.1	4316	DETACHD
17261 KELOK RD	$2,000,000	4	3.1	3450	DETACHD
718 MAPLE ST	$2,295,000	3	2.1	4023	DETACHD
17226 CHAPIN WAY	$2,600,000	4	3.1	4930	DETACHD

PENDING Aug 22-28, 2022

Address	List Price	Beds	Baths	SF	Prop Type	Days
200 BURNHAM RD #103	$425,900	1	1	765	CONDO	11
20 WHEATHERSTONE	$479,900	3	2.1	1692	CONDO	7
14402 SHERBROOK PL	$649,999	3	2.1	1976	DETACHD	7
1620 ASPEN ST	$785,000	4	3	2284	DETACHD	3
7200 CHILDS RD	$950,000	4	4	2660	DETACHD	11
890 C AVE	$1,275,000	3	2.1	2596	DETACHD	11
13504 STREAMSIDE DR	$1,279,000	4	2.1	3486	DETACHD	72
542 4TH ST	$1,549,000	4	4.2	3376	ATTACHD	19
1991 RIDGEWOOD RD	$1,550,000	4	2.2	4993	DETACHD	19
17226 CHAPIN WAY	$2,600,000	4	3.1	4930	DETACHD	1
707 LAKE SHORE RD	$2,950,000	3	3.1	2992	DETACHD	64

SOLD Aug 22-28, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
4405 THUNDER VISTA LN	$467,500	$435,000	2	2.1	1922	CONDO	92
5054 FOOTHILLS DR, #70F	$485,000	$448,000	2	2	1252	CONDO	24
4268 WOODSIDE CIR	$589,900	$560,000	4	2	1944	ATTACHD	33
5342 RED LEAF ST	$599,000	$570,000	3	2.1	1710	DETACHD	29
16532 SW Mellon AVE	$625,000	$625,000	4	1.1	1760	DETACHD	5
14332 SHERBROOK PL	$689,900	$645,000	3	2.1	1770	DETACHD	18
1765 CONIFER DR	$785,000	$749,000	4	2	2334	DETACHD	16
39 TANGLEWOOD DR	$899,000	$922,000	4	3	3167	DETACHD	4
347 6TH ST	$1,050,000	$1,175,000	3	3.1	2360	ATTACHD	3
14760 UPLANDS DR	$999,000	$1,200,000	4	3	2772	DETACHD	6
1455 NELSON CT	$1,149,000	$1,245,000	4	2.1	2210	DETACHD	14
3151 ALBER SPRING CT	$1,375,000	$1,400,000	5	3.1	3917	DETACHD	1
1839 PALISADES LAKE CT	$1,599,900	$1,500,000	4	3.1	4570	DETACHD	43
13740 KNAUS RD	$1,895,000	$1,845,000	4	3.1	4459	DETACHD	36
17261 KELOK RD	$2,000,000	$2,000,000	4	3.1	3450	DETACHD	0
2088 CREST DR	$7,250,000	$6,900,000	4	6.1	8259	DETACHD	80

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 (***We’ve used “Days” in each category for ease of understanding) .

August 28, 2022

Market Activity August 15-21, 2022

Last week remained strong but with slightly fewer new listings and sales. This is pretty typical for the winding down of summer and vacation time. After school starts I think it will pick up again.

In Lake Oswego there were 16 new listings, 5 of which sold quickly and are listed here with pending status, 14 properties that went pending, and 18 closed sales.

See below for RMLS data.

New Listings August 15-21, 2022

Address	Type	Price	BR	Bath	Sq Feet
200 Burnham Rd #103	Condo	$425,900	1	1	765
1755 Mapleleaf Rd	Detached	$789,000	3	2.5	2123
1265 Rockinghorse Ln	Detached	$875,000	4	3	2452
17291 Cedar Rd	Detached	$1,199,999	5	4.5	2872
2211 Fernwood Cir	Detached	$1,595,000	5	3	3431
13659 Westlake Dr	Detached	$1,625,000	4	3.5	4422
15784 Twin Fir Rd	Detached	$2,200,000	3	2.5	3471
14381 Fosberg Rd	Detached	$2,400,000	4	3.5	5028
1625 Cloverleaf Rd	Detached	$2,495,000	4	3.5	3853
16511 Maple Cir	Detached	$3,800,000	4	3.5	3356
3142 Lakeview Blvd	Detached	$8,000,000	4	5	5554

Pending Sales August 15-21, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #95	Condo	$219,900	2	2	984	5
45 Oswego Summit	Condo	$240,000	1	1	764	4
168 Oswego Summit	Condo	$315,000	2	2	1383	29
12822 Boones Ferry Rd	Condo	$465,000	2	2.5	1136	70
4 Wheatherstone	Condo	$509,950	3	2.5	1692	41
1000 Bickner St	Detached	$635,000	3	2.5	1988	3
5297 Centerwood St	Detached	$655,000	3	2	1746	3
2190 Fernwood Cir	Detached	$735,000	5	3	2507	3
5557 Langford Ln	Detached	$839,000	2	2	1539	15
5490 Royal Oaks Dr	Detached	$967,500	3	2	1768	7
1571 Highlands Dr	Detached	$989,000	5	3	3000	3
12886 Sierra Ct	Detached	$1,085,000	4	3	3188	2
33 Westridge Dr	Detached	$1,150,000	5	3.5	3864	0
5677 Charles Cir	Detached	$1,225,000	4	2.5	2962	7

Sold Properties August 15-21, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
4000 Carman Dr D51	Condo	$314,900	$314,900	885	7
86 Kingsgate Rd H104	Condo	$355,000	$315,000	840	37
5970 Kennycroft Way	Detached	$650,000	$592,000	1212	81
16875 Fernwood Dr	Detached	$780,000	$750,000	2460	28
1435 Ash St	Detached	$799,900	$800,000	2,532	18
2062 Cedar Ct	Detached	$785,000	$820,000	1800	1
7 Da Vinci St	Detached	$850,000	$830,000	2631	17
23 Da Vinci St	Detached	$839,000	$850,000	2063	3
19395 35th Ct	Detached	$849,900	$875,000	2385	3
19330 River Run Dr	Detached	$995,000	$985,000	3955	57
14 Churchill Downs	Detached	$989,000	$989,000	2062	5
327 3rd St	Attached	$999,000	$1,011,000	2123	4
4121 Wolf Berry Ct	Detached	$975,000	$1,050,000	2654	4
17865 Sarah Hill Ln	Detached	$1,099,950	$1,110,000	2871	72
13330 Hidden Bay Ct	Detached	$1,149,000	$1,225,000	3057	1
100 Leonard St 4-2	Condo	$1,395,000	$1,345,950	3137	68
767 10th St	Detached	$2,100,000	$1,950,000	3900	303
5001 Park Bluff Pl	Detached	$2,200,000	$2,200,000	4022	32

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.

August 25, 2022

The Realtor Code of Ethics

“Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of civilization.” These are the lofty words that open the Preamble of the Realtor Code of Ethics.

I have written about this topic before, but it was many years ago. It’s something I hold very dear and thought it would be a good time to revisit the information.

In 1908, when the National Association of Realtors was founded, real estate was very much the wild, wild West. Unregulated and without licensing requirements, there was a good deal of fraud and a ripe environment for con artists and Naredo wells. Edward Halsey, a chairperson in the NAR in 1908 said “We propose, if we can, to wipe out the riffraff that brings this business into disrepute.”

The Code of Ethics was first written in 1913. It is a living document that is changed and revised as times change. Along with the Preamble, it consists of 4 sections that also include Duties to Clients and Customers, Duties to the Public, and Duties to other Realtors. If I could sum it up simply, it requires that all Realtors be fair and honest in our dealings with all parties to a transaction.

I am really proud of the Code of Ethics. It truly does set a higher standard for my industry. All Realtors are required to take Code of Ethics training every two years. It is at the forefront of how I run by business and how I expect other Realtors to interact with myself and my clients.

Please know that when you are working with a Realtor, you are working with a professional bound to a higher standard.

August 21, 2022September 18, 2022

July Numbers – Portland Real Estate Stats + LO

Overview/Fluctuations ~ Happy August! We’re seeing the market slow a bit, which is often a seasonal characteristic of the hot vacation weather and travel schedules, BUT, this year we’re also seeing things really pull back as a direct result of the overall economy in a good way…in a way that is creating more of a “normal” market where Buyers and Sellers each have their own leverage, and where negotiating on reasonable repair items and price is again “the norm”. Right on cue, more houses are going on the market (see Inventory). Anecdotal buzz goes right along with the data- Realtors seeing Buyers actually getting Offers accepted where they’ve been struggling till recently. The pace of upward push on pricing is easing, and all of this in time for inflation concerns to be lessening per recent headlines. Overall, the word on the street is and the stats show that Portland housing market is evening out some. Rates: “Rates have moderated along with inflation and are coming down to the lower 5’s at this time.” Gary Boyer, Regional VP, Directors Mortgage

According to the RMLS Market Action Report for the Portland Metro Area-July 2022:

There were 3,763 New Listings in July 2022– down 11.8% from 4,267 in July 2021 and down 12.4% from the previous month/June’s 4,295.
At 2,369 July 2022’s Closed Sales (Solds) are down 31.1% from July 2021’s 3,439, and down 18.1% from the previous month/June 2022’s total of 2,893.
At 2,445 July 2022’s Pending Sales (accepted Offers) are down 27.1% from July 2021’s 3,354, and also down 4.6% from the previous month/June’s total of 2,563.
The Average Sale Price in July 2022 of, $635,700 is up $42,600 from last year/July 2021’s $593,100, and up $2,400 from the previous month/June’s $633,300.
The “Median” Sale Price (the price smack dab in the middle of all sales) in July 2022 of $566,000 rose from last year/July 2021’s $522,000 by $44,000, and is down $4,000 from the previous month’s $570,000.

LAKE OSWEGO (July 2022):

202 Active Listings (Jun 171)
169 New Listings (Jun 198)
111 Pending Sales (Jun 143)
119 Closed Sales (Jun 125)
Average Sale Price for July: $1,029,100 (Jun $1,035,500)
NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month. Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
15 Days on the Market (Jun 18)

August 18, 2022September 9, 2022

Market Activity ~ Aug 8-14, 2022

Last week Lake Oswego saw 17 properties enter the market, 20 move to Pending status, and 12 Sold/Closed. Right now there are 245 homes available in Lake Oswego ranging from $245,000 to $11.5 mil.

Here is the breakdown:

NEW Aug 8-14, 2022

Address	List Price	Beds	Baths	SF	Prop Type
40 CRESTFIELD CT / Upper	$200,000	1	1	690	CONDO
4 TOUCHSTONE #95	$219,900	2	2	984	CONDO
45 OSWEGO SMT / Lower	$240,000	1	1	764	CONDO
86 KINGSGATE RD #63	$370,000	2	2	849	CONDO
605 ASH ST	$625,000	3	2	1528	DETACHD
5297 CENTERWOOD ST	$655,000	3	2	1746	DETACHD
18585 KRISTI WAY	$730,000	3	2	1266	DETACHD
18040 BELMORE AVE	$749,900	3	2	2077	DETACHD
19395 35TH CT	$849,900	3	3	2385	DETACHD
18591 WAXWING WAY	$885,000	3	2.1	2145	DETACHD
7200 CHILDS RD	$950,000	4	4	2660	DETACHD
5490 ROYAL OAKS DR	$967,500	3	2	1768	DETACHD
17377 MARJORIE AVE	$995,000	4	3	2651	DETACHD
17244 FERNWOOD DR	$1,150,000	4	2.1	2617	DETACHD
5677 CHARLES CIR	$1,225,000	4	2.1	2962	DETACHD
5904 BAY POINT DR	$1,250,000	5	2.1	3433	DETACHD
890 C AVE	$1,275,000	3	2.1	2596	DETACHD

PENDING Aug 8-14, 2022

Address	List Price	Beds	Baths	Total SF	Prop Type	Days
100 KERR PKWY #54	$187,900	1	1	617	CONDO	94
40 CRESTFIELD CT	$200,000	1	1	690	CONDO	2
47 EAGLE CREST DR #24	$224,900	1	1	672	CONDO	41
45 EAGLE CREST DR #415	$240,000	2	1.1	1056	CONDO	45
122 OSWEGO SMT	$243,330	1	1	764	CONDO	7
200 BURNHAM RD #405	$380,000	2	2	1328	CONDO	7
3930 CARMAN DR	$439,000	2	2.1	1146	CONDO	29
4 SUMMIT RIDGE CT	$499,900	2	2.1	1576	ATTACHD	4
6240 BURMA RD	$599,900	3	2	1724	DETACHD	64
5788 SW LANGFORD LN	$650,000	2	2	1598	DETACHD	14
15 MASARYK ST	$675,000	4	3	3864	DETACHD	31
5272 TREE ST	$799,900	3	3	1948	DETACHD	4
17721 OVERLOOK CIR	$890,000	4	2.1	3172	DETACHD	12
63 TOUCHSTONE	$899,900	4	3	3088	DETACHD	21
17095 REBECCA LN	$925,000	3	3	2379	DETACHD	7
14 CHURCHILL DOWNS	$989,000	3	2	2062	DETACHD	5
327 3RD ST	$999,000	3	3.1	2123	ATTACHD	4
17244 FERNWOOD DR	$1,150,000	4	2.1	2617	DETACHD	2
2600 DELLWOOD DR	$1,599,900	4	3	3690	DETACHD	314
17527 KELOK RD	$2,150,000	3	3	4664	DETACHD	10

SOLD Aug 8-14, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
61 CHURCH ST	$240,000	$247,000	2	1.1	1040	ATTACHD	3
4000 CARMAN DR #35	$300,000	$300,000	2	2	869	CONDO	5
47 EAGLE CREST DRb #53	$299,000	$302,500	3	1	1024	CONDO	10
16250 PACIFIC HWYb #69	$387,000	$387,000	2	2	1328	CONDO	5
13880 SUNDELEAF DR	$425,000	$440,000	2	1	1048	DETACHD	3
1 ADAMS CT	$550,000	$580,000	2	2	1456	DETACHD	4
700 LIVINGOOD LN	$799,950	$770,000	4	2.1	2692	DETACHD	9
2020 WEMBLEY PARK RD	$775,000	$810,200	3	2	1712	DETACHD	4
17755 OVERLOOK LN	$1,100,000	$1,170,000	4	2.1	3198	DETACHD	6
13300 FOX RUN	$1,495,000	$1,200,000	4	2.1	3234	DETACHD	74
873 COUNTRY COMMONS	$1,295,000	$1,220,000	4	3	3609	DETACHD	60
14013 EDENBERRY CT	$1,495,000	$1,565,000	4	2.1	3673	DETACHD	3

August 13, 2022

Moving and Packing Tips

As a Realtor, one of the most educational moments I ever experienced was when I sold my own home and moved with my family to Lake Oswego. We’d had our kids and lived in our prior home for 13 years. I was pretty clueless about how much more complicated our household and possessions had become. I put off packing until about a week before our move. It was a disaster! I was so pressed to get it done on time that I was literally just throwing stuff in boxes! Live and learn, right?

Here are some moving and packing tips that I hope you’ll find helpful:

Moving

Start Early. See my comment above. Weeks, if not months, before your move start planning. It will be so much stressful. It will also help prepare your house for marketing.
Get rid of stuff. As we live in our homes, we accumulate stuff. So much of it is neither wanted nor needed. Do you really want to take it with you? Do you want to spend money moving and packing this “stuff”? Get rid of it.
Create a folder. This folder should contain addresses, moving or rental contracts, insurance information, perhaps an itemized list of what you are moving, anything you anticipate in the way of paperwork. Consider creating a hard-copy file. This will be vital if you loose battery charge on laptops or phones
Book early. This helps in two ways: getting the best rates and being assured of availability. Especially in the spring and summer, the moving companies book at least several weeks in advance.
Plan for utilities. This includes both shut off at your old place and start up in your new place. You do not want to be moving into the new house and not have electricity.
Keep essentials with you. A day or two prior to moving pack your luggage: change of clothes, toiletries, etc. Just like when packing for a vacation. In addition, I recommend packing a box of cooking basics like a few plates, cups, bowls, utensils, These would be for an unexpected delay in the delivery of your household goods. Remember to plan for pets and medications.

Packing

Invest in equipment. You’ll need boxes, packing tape, markers, paper towels, garbage bags. If you are moving yourself you’ll need a furniture dolly, furniture pads, tie-down strips and a truck loading ramp
Use the right size boxes. The basic idea is the boxes need to be a weight that can be lifted without straining yourself. Heavy stuff in small boxes (books, etc.), light stuff in big boxes (linens, etc.).
Heavy stuff on the bottom of the box. This will keep the heavy stuff from crushing the light stuff. It will also balance the weight of the box as boxes are stacked.
Don’t leave empty space in the boxes. This will maximize the use of the packing materials, but empty spaces can allow the box to be crushed in transport.
Avoid mixing items from different rooms. When unpacking it will take twice as long if you are running from room to room.
Label each box with what room it is for and a list of the contents
Tape the boxes well. You want a couple of strips across the seams at the bottom and the top, but then do two wraps completely around the box in two places around the top to the bottom and back up to the top again: all the way around.
Take care of your art. You can purchase special boxes and crates for art. Don’t wrap oil paintings in packing paper; it may stick to the paint. Wrap art in bubble wrap. You can also wrap it in bubble wrap, box it, and then place in a second box padded by packing paper.
Kitchen dishes. You can purchase special boxes and packaging for dishes and glasses. They make it all so much easier! If you do end up wrapping with boxes and backing paper try wrapping each piece and then bundling in groups of 4 to 5 pieces and wrapping those together as a bundle with packing paper. Consider packing plates on their sides rather than stacking. Get the boxes with cardboard dividers for glasses. The world of packing materials is pretty broad. Yes, it costs money, but think about the cost of replacing these items. Not to mention, as it is for me, the sadness it would bring to loose special pieces.

I want to give credit to realsimple.com where I got a good bit of guidance for this article.

As always, thank you for reading the blotter,

Dianne

August 12, 2022

Market Activity Aug 1-7, 2022

The numbers between new listings, pending sales, and sold properties remains fairly balanced, although slightly slower than the last time I did this report. In Lake Oswego last week we had 23 new listings, 5 of which sold quickly and are represented in this report as pending, 18 pending sales, and 13 closed listings.

For most of my real estate career market time has been 45-60 days. Pending sales last week averaged 25 days. That is healthy. Perhaps we are returning to historic normal?

See below for RMLS details

New Listings Aug 1-7, 2022

Address	Type	Price	BR	Bath	Sq Feet
122 Oswego Summit	Condo	$235,000	1	1	764
200 Burnham Rd #405	Condo	$380,000	2	2	1328
16074 Lake Forest Blvd	Detached	$599,950	3	2	1354
19211 Indian Springs Rd	Detached	$825,000	4	2	2132
17615 Bryant Rd	Detached	$825,000	4	2	2110
5557 Langford Ln	Detached	$889,000	2	2	1539
17095 Rebecca Ln	Detached	$925,000	3	3	2379
4264 Harvey Way	Detached	$925,000	4	3	2728
327 3rd St	Attached	$999,000	3	3.5	2123
63 Garibaldi St	Detached	$1,450,000	3	3.5	4200
542 4th St	Attached	$1,549,000	4	4.5+.5	3376
1991 Ridgewood Rd	Detached	$1,550,000	4	2.5+.5	4993
17527 Kelok Rd	Detached	$2,150,000	3	3	4664
4956 Park Bluff Pl	Detached	$2,395,000	4	3.5	4074
4938 Park Bluff Pl	Detached	$2,495,000	4	4.5	4046
929 Cumberland Rd	Detached	$2,800,000	5	6.5	5095
13068 Knaus Rd	Detached	$3,289,000	5	5.5+.5+.5	6512
445 Northshore Rd	Detached	$3,499,000	3	3.5	3066

Pending Sales Aug 1-7, 2022

Address	Type	Price	BR	Baths	Sq Ft	CDOM
4 Touchstone #77	Condo	$245,000	3	2.5	1351	8
4061 Jefferson Pkwy	Condo	$358,000	2	2.5	1462	152
4300 Botticelli St	Attached	$374,900	2	2.5	1721	42
5055 Foothills Dr G	Condo	$429,900	$3	2	1252	2
5054 Foothills Dr 70F	Condo	$475,000	2	2	1252	24
5 Partridge Ln	Detached	$699,000	3	2.5	2794	25
439 Livingood Ln	Detached	$814,000	3	2.5	2540	6
4618 Auburn Ln	Attached	$895,000	3	3.5	2732	3
39 Tanglewood Dr	Detached	$899,000	4	3	3167	4
19 Touchstone	Detached	$899,000	4	3	2789	2
2 Yorick	Detached	$975,000	4	3.5	2979	3
346 Lake Bay Ct	Detached	$1,075,000	4	2.5	1900	3
4745 Dogwood Dr	Detached	$1,125,000	4	2.5	3887	23
3151 Alber Spring Ct	Detached	$1,375,000	5	3.5	3917	1
100 Leonard St 4-2	Condo	$1,395,000	3	2.5	3137	68
5014 Upper Dr	Detached	$1,399,000	5	3	3416	22
767 10th St	Detached	$2,000,000	4	4.5	3900	50
162 Berwick Rd	Detached	$3,295,000	4	4.5	4657	6

Sold/Closed Aug 1-7, 2022

Address	Type	List Price	Sold Price	Sq Feet	DOM
3652 Spring Ln	Condo	$369,000	$369,000	1117	11
5225 Jean Rd #207	Condo	$410,000	$385,000	1415	3
17 Da Vinci	Detached	$550,000	$614,000	1876	5
100 Leonard St 3-4	Condo	$699,000	$695,000	1736	9
342 Livingood Ln	Detached	$738,000	$738,000	2,384	5
13 Masaryk St	Detached	$799,000	$790,000	2219	5
5115 Firwood Rd	Detached	$849,000	$815,000	1660	25
4973 Parkhill St	Detached	$925,000	$900,000	2230	23
139 Del Prado St	Detached	$1,150,000	$1,132,500	2955	4
1535 Pine St	Detached	$1,150,000	$1,150,000	2390	7
1736 Palisades Terrace Dr	Detached	$1,150,000	$1,150,000	3079	30
15868 Parker Rd	Detached	$2,100,000	$2,085,000	3679	30
17210 Cedar Rd	Detached	$2,785,000	$2,775,000	3548	7

August 7, 2022August 8, 2022

This Week in Lake Oswego

Here are my picks for what to do this week in Lake Oswego, either online or in person:

Mon, Aug 8, 2022 – 6:30PM– Planning Commission (Zoom) ~ Learn what development is on the agenda in Lake Oswego – More Info & Registration: CLICK HERE

Tues, Aug 9, 2022 – 2:30PM-4:30PM – Slow Jam ~ This is an open jam to get together with other local musicians and enjoy playing music! ACC, 505 G Avenue – More Info & Registration: CLICK HERE

Wed, Aug 10, 2022 – 6:30PM-8:30PM – Precious Byrd / Concert Series~ Enjoy the summertime in Westlake Park with friends & family & this fabulous band of renown musicians featuring fresh renditions of modern and classic hits as well as original music. – More Info & Registration: CLICK HERE

Thurs, Aug 11, 2022 – 7:00PM-10:45PM –“Sing” – Movies in the Park ~ Bring your low sand chairs, blankets & pillows for an evening of fun. At 7PM Little Gym sponsors balloon twisting, face painting and more! ~ Westlake Park – More Info : CLICK HERE

Fri, Aug 12, 2022 – 7:00-8:00PM – Introduction to Investment Clubs (Zoom)~ Learn more about Investment Clubs, how they form & operate, from John Radford, President / Chairman of the Better Investing Portland Chapter. – More Info & Registration: CLICK HERE

Sat, Aug 13, 2022 – 8:30AM-1:30PM– Lake Oswego Farmers Market- This is a must-go event every Saturday in the season. Enjoy local foods, arts, crafts, and so much more! Millenium Plaza Park- More Info : CLICK HERE

Sun, Aug 14, 2022 – From Tuesday, March 1 – 2:00PM – Sunday Supper Club~ Just for fun! Meet at Dang Thai this month and enjoy new & old friends along with fabulous dining. ~ 670 N State Street – More Info : CLICK HERE

August 3, 2022

Market Activity ~ July 25-31, 2022

Last week Lake Oswego saw 17 properties enter the market, 16 move to Pending status and 13 Sold/Closed. Right now there are 126 properties ranging from $188,000 to $11.5 Mil.

Here is the breakdown:

NEW July 25-31, 2022

Address	List Price	Beds	Baths	SF	Prop Type
5055 FOOTHILLS DR #79	$429,900	3	2	1252	CONDO
5788 SW LANGFORD LN	$650,000	2	2	1598	DETACHD
13371 PETERS RD	$775,000	3	2.1	2295	DETACHD
18690 WOOD DUCK WAY	$775,000	3	2	1895	DETACHD
439 LIVINGOOD LN	$814,000	3	2.1	2540	DETACHD
17721 OVERLOOK CIR	$890,000	4	2.1	3172	DETACHD
39 TANGLEWOOD DR	$899,000	4	3	3167	DETACHD
2711 Greentree RD	$969,900	4	3	3241	DETACHD
346 LAKE BAY CT	$1,075,000	4	2.1	1900	DETACHD
18010 GIMLEY CT	$1,200,000	5	3.1	3652	DETACHD
165 FURNACE ST, Grnd	$1,299,999	2	2.1	2023	CONDO
4360 WEST BAY RD	$1,300,000	4	3	2636	DETACHD
17291 CEDAR RD	$1,650,000	5	4.1	2872	DETACHD
15791 TWIN FIR RD	$2,095,000	4	3.1	4035	DETACHD
1131 NORTHSHORE RD	$2,100,000	4	3	3850	DETACHD
162 BERWICK RD	$3,295,000	4	4.1	4657	DETACHD
13151 THOMA RD	$4,500,000	5	5.1	5461	DETACHD

PENDING July 25-31, 2022

Address	List Price	Beds	Baths	SF	Prop Type	Days
61 CHURCH ST	$240,000	2	1.1	1040	ATTACHD	3
3822 BOTTICELLI ST	$344,900	3	2	1171	CONDO	5
289 CERVANTES	$563,000	3	2.1	1406	ATTACHD	4
4268 WOODSIDE CIR	$589,900	4	2	1944	ATTACHD	33
16532 SW Mellon AVE	$625,000	4	1.1	1760	DETACHD	5
18690 WOOD DUCK WAY	$775,000	3	2	1895	DETACHD	0
16875 FERNWOOD DR	$780,000	4	2	2460	DETACHD	28
12562 SW ORCHARD HILL RD	$937,000	4	2.1	2574	DETACHD	5
2777 GLEN HAVEN RD	$1,200,000	3	2.1	2560	DETACHD	52
11 DA VINCI ST	$1,295,000	5	3.1	3770	DETACHD	46
14383 FOSBERG RD	$1,995,000	4	3.1	4543	DETACHD	79
15868 PARKER RD	$2,100,000	5	3.1	3679	DETACHD	33
1131 NORTHSHORE RD	$2,100,000	4	3	3850	DETACHD	2
1250 SW Englewood DR	$2,499,000	3	3.1	5097	DETACHD	11
4929 Park Bluff PL	$2,600,000	4	3.1	4067	DETACHD
2493 SOUTHSHORE BLVD	$3,200,000	6	5.1	7561	DETACHD	292

SOLD July 25-31, 2022

Address	Opening	Closed	Beds	Baths	SF	Prop Type	Days
12868 BOONES FERRY RD	$495,000	$500,000	2	2.1	1136	CONDO	18
885 MCVEY AVE	$569,000	$570,000	3	1	1341	DETACHD	19
1561 WOODLAND TER	$825,000	$790,000	3	2.1	2184	DETACHD	16
13160 PRINCETON CT	$949,000	$825,000	4	2.1	3252	DETACHD	42
4965 MULHOLLAND DR	$775,000	$827,500	2	2.1	2468	ATTACHD	2
1841 CLOVERLEAF RD	$825,000	$832,000	5	3	2190	DETACHD	5
29 DEL PRADO ST	$1,050,000	$1,044,000	4	2	3037	DETACHD	12
2964 OVERLOOK DR	$1,200,000	$1,060,000	5	2.1	3731	DETACHD	30
7 SCARBOROUGH DR	$1,150,000	$1,250,000	4	2.1	3314	DETACHD	1
1025 SCHUKART LN	$2,050,000	$1,795,000	4	3	4233	DETACHD	44
3001 WESTVIEW CT	$1,850,000	$1,805,000	4	3.1	4317	DETACHD	26
697 LAKE BAY CT	$2,595,000	$2,150,000	4	4.1	3715	DETACHD	37
720 6TH ST	$2,300,000	$2,200,000	4	3.1	4601	DETACHD	11

July 30, 2022

A Bit About Lake Easements

With the hot weather that we are experiencing, I thought it would be helpful to remind readers about gaining access to the lake via easements.

There are 3 types of lake easements: the Lake Oswego swim park, the Lake Grove swim park, and the individual easements enjoyed by private homes.

The Lake Oswego Swim Park

Located at 250 Ridgeway Rd, this park is open during the 2022 season from July 1 to August 28. It is available for use by any resident within the city limits of Lake Oswego. The park is paid for with tax dollars and there is not a charge for its use once proof of residency is provided. There are life guards on duty and an assortment of water toys to enjoy.

Lake Grove Swim Park

Located at 3800 Lakeview Blvd, this swim park is open for the 2022 season from June 11 to August 21st. This park is owned and operated by the Lake Oswego School District. All students within the the LOSD have free use of the park and access to swimming lessons. If you are not a student within the district, then your eligibility to use the park requires that you live within the boundaries of the old Lake Grove School District. This district was absorbed into the LOSD when the two school districts merged in 1953.

Private Swim Easements

Private swim easements were developed many years ago. Basically a developer of a neighborhood would buy a lot on the lake and deed it to the homes within the neighborhood. There are approximately 3000 houses in Lake Oswego that have access to these easements. Because the easements were developed many years go, the easements mostly benefit older homes. However, when an old house is torn down and a new house is built, the easement goes to the new house. So there are newer homes that do have easements.

The amenities at the easements very quite a lot. There is an easement that is only about 20 feet wide and just consists of a sloping lawn down to the lake. No picnic tables, no amenities at all. Then there are huge easements with boat slips, canoe racks. picnic tables, water toys and all sorts of fun stuff.

If your house has easement eligibility, you need to join the easement. There is an annual fee. The easements are mostly gated and locked. You gain access by joining. These easements are privately run and have their own unique rules and by-laws.

There is usually a waiting list for boat slips and canoe storage. Remember too that you can not put anything in the water without getting it approved and licensed by the Lake Corporation. For information, and to see if your house or possible future house has any private easement privileges, click here.

I do want to acknowledge that there is currently a law suite happening that challenges the private status of the Oswego Lake. It’s been winding its way through courts for years. It also experienced a significant set back a couple of weeks ago when the presiding judge had to step down. This will not be resolved quickly. If the lake is made public, I doubt it will change the status of any of the easements. What will change is that the lake will be available to the public. That access is pretty limited even if it happens because there simply aren’t many spots that the public could get access. I also think that the Lake Corporation would likely still require registration and licensing of boats, canoes, and other water flotation devices.

Hopefully you are staying cool. There’s lots of summer left, perhaps you’ll find time to take a dip in the Lake.

Dianne