Lake Oswego Open Houses for February 14, 2010

You’ve given your sweetheart the flowers, the chocolates, and the elegant breakfast, now it’s time to take him to an open house! There are 29 open houses in Lake Oswego this Sunday. I’m sure that one of them will have everything your heart desires.

Address List Price # BR # BTHS Total SF Prop Type Open
1547 BOCA RATAN DR $198,600 2 1.1 1,008 ATTACHD 1 to 3
4372 WOODSIDE CIR $274,900 2 2 1,178 ATTACHD 1 to 3
210 S STATE ST $299,950 2 1.1 1,495 CONDO 12 to 3
5373 LAKEVIEW BLVD $329,500 3 1 2,176 DETACHD 2 to 4
4236 HARVEY WAY $399,500 3 2.1 1,870 DETACHD 1 to 4
662 CLARA CT $469,900 3 3 2,740 DETACHD 2 to 4
1414 GREENTREE CIR $479,000 4 2.1 2,330 DETACHD 12 to 2
73 TANGLEWOOD DR $499,500 4 3.1 4,254 DETACHD 12 to 3
14279 CAMDEN LN 525000 4 2.1 2,373 DETACHD 1 to 3
1060 UPPER DEVON LN 559000 3 2.1 2,400 DETACHD 1 to 3
19101 INDIAN CREEK AVE 599900 2 2.1 3,259 DETACHD 1 to 4
4605 CHELSEA LN 649000 4 2.1 3,411 DETACHD 1 to 3
15915 WALUGA DR 669000 3 2.1 2,939 DETACHD 1 to 4
16705 GLENWOOD CT 699000 4 3 4,243 DETACHD 12 to 3
2688 RIVENDELL RD 745000 4 3 3,720 DETACHD 1 to 4
17110 LOWENBERG TER 799000 4 2.1 2,678 DETACHD 1 to 4
17281 LOWENBERG TER 884900 4 3.1 3,386 DETACHD 1 to 4
17154 LOWENBERG TER 889900 5 3.1 3,497 DETACHD 1 to 4
17896 SW KELOK RD 990000 5 5 4,323 DETACHD 2 to 4
18222 SIENA DR 1088000 6 4.1 3,800 DETACHD 1 to 3
18209 SIENA DR 1178950 5 3.1 3,839 DETACHD 1 to 3
18143 SIENA DR 1197000 5 4.1 4,152 DETACHD 1 to 3
17464 RIDGEVIEW LN 1199950 4 3.1 4,407 DETACHD 1 to 3
1808 RIDGE POINTE DR 1269000 5 4.1 4,155 DETACHD 1 to 3
18246 BELLA TERRA DR 1294000 4 3.1 4,196 DETACHD 1 to 3
664 OAK MEADOW DR 1299950 4 3.1 4,198 DETACHD 1 to 3
657 OAK MEADOW DR 1349950 4 3.1 4,371 DETACHD 1 to 3
17364 RIDGEVIEW CT 1399950 4 3.1 4,436 DETACHD 1 to 3
15825 OSWEGO SHORE CT 1985850 4 3.1 4,317 DETACHD 12 to 2

Featured Property: 211 Oswego Summit

Newly listed, this home should be at the top of your list if you are considering buying a condo in Lake Oswego. Priced at $229,900, it is a spacious 2 bedroom, 2 full-bath home that has been recently updated. It is immaculate with all new windows, crown moldings, and walnut floors.

This property is on the top floor and at the end of the building. So it is very, very private and very, very quiet. It is also all on one level with an elevator, so there are absolutely zero stairs. It also has an over-sized, one-car garage that is 13×20 feet. The garage is just a few steps from the elevator. So access to your condo is both easy and convenient and you are covered and out of the weather the entire time.

The rooms in this condo are large. The master bedroom is 17×12 and the living room is 21×14. The master has a huge walk-in closet and its own full bath. The living room has a wood-burning fireplace and a deck that goes the entire length of the room.

Did I mention the view? There are spectacular views of SW Portland looking towards the city as well as Mt. St. Helens. Seriously, this is a lot of value for the money without there being a gorgeous view. Then add in the fact that every single day you get to live on top of the world and you have found one great place to live.

This condo is located in Mt. Park on the Western edge of Lake Oswego. Mt. Park is one of the first planned developments in the United States. It features 15 miles of walking paths, tennis, basketball, swimming, weight rooms, exercise classes and a gorgeous rec center that can be used for meetings and receptions.

Here are some of the numbers:
Priced at $229,900
1506 square feet with 2 bedrooms and 2 baths
HOA fees are $361 a month (includes 2 pools, weight room, water, sewer, and garbage) and $207 every 6 months to Mt. Park
taxes are just $2799 per year
The condo was built in 1981 and it has recently been remodeled inside.
The complex is extremely well cared for with gorgeous landscaping and all buildings in excellent condition.

I would love to have the opportunity to show you this property in person. Do not hesitate to give me a call to make an appointment. I can be reached via phone at 503-803-6298 or via e-mail at jdgregoire@earthlink.net

Thanks for taking the time to hear about this fabulous property!
—Dianne

Lake Oswego Market Activity ~ Feb 1 – 7, 2010

There were 16 New, 15 Pending, and 3 Sold properties during last week’s Monday – Sunday period according to RMLS. It’s interesting to note that if you look in RMLS you will see 51 properties listed as New for this same period. I weeded out 35 that were “freshened”. (Lots of freshening going on.) The “New” properties below are either brand new to the market or have been off the market for at least 30 days.

Here’ your data for last week (see below the tables for additional notes):
NEWLY LISTED (Feb. 1—Feb. 7, 2010)

Address List Price # Beds # Baths Total SF Prop Type List Date
28 CRESTFIELD CT $79,950 2 2 923 CONDO 2/3/2010
47 EAGLE CREST DR $110,000 2 1 932 CONDO 2/1/2010
44 EAGLE CREST DR $159,900 2 1 908 CONDO 2/6/2010
750 1ST ST $195,000 2 2 1,350 CONDO 2/1/2010
4948 MEADOWS RD $222,000 3 2 2,491 DETACHD 2/4/2010
16870 FERNWOOD DR $359,000 3 1.1 1,412 DETACHD 2/4/2010
5514 ROYAL OAKS DR $497,500 3 3 2,246 DETACHD 2/2/2010
14584 PFEIFER WAY $559,000 3 2 2,600 DETACHD 2/4/2010
17079 CHERRY CREST AVE $575,000 3 2.1 3,002 DETACHD 2/7/2010
920 EVERGREEN RD $575,000 3 2 1,622 DETACHD 2/1/2010
17973 SAINT CLAIR DR $629,000 4 3 3,323 DETACHD 2/7/2010
1050 Schukart LN $849,900 4 3.1 5,847 DETACHD 2/4/2010
18430 TAMAWAY DR $889,000 4 2.2 3,867 DETACHD 2/1/2010
1643 VILLAGE PARK LN $997,000 4 3.1 4,505 DETACHD 2/5/2010
842 6TH ST $1,175,000 4 3.1 3,840 DETACHD 2/3/2010
100 3RD ST $1,799,000 3 3.1 3,600 DETACHD 2/6/2010

PENDING SALES (Feb. 1 – Feb. 7, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE $145,000 2 1 852 CONDO 882
16250 PACIFIC HWY $178,900 1 1 859 CONDO 860
15 ORIOLE LN $269,900 2 2 1,470 DETACHD 23
4 THE GROTTO $289,000 3 2.1 1,534 DETACHD 13
1234 MAPLE ST $339,900 3 2 1,550 DETACHD 140
1790 YARMOUTH CIR $419,995 2 2 1,473 DETACHD 134
5026 HARTFORD PL $429,000 4 2.1 2,887 DETACHD 570
702 TERRACE DR $429,000 3 3 3,429 DETACHD 103
4955 GALEN ST $435,000 3 2.1 1,887 DETACHD 76
17121 WALL ST $449,900 3 2.1 2,187 DETACHD 391
18893 INDIAN SPRINGS CIR $459,900 5 3 2,841 DETACHD 213
475 10TH ST $534,950 4 2.1 2,932 DETACHD 227
4581 HASTINGS PL $574,900 4 2.1 2,985 DETACHD 24
557 2ND ST $695,000 2 2.1 1,833 CONDO
4380 UPPER DR $708,900 5 4.1 4,071 DETACHD 181

SOLD (Feb. 1 – Feb. 7, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
100 KERR PKWY $91,800 $80,000 1 1 617 CONDO 125
16969 ALDER CIR $350,000 $235,000 3 2 1,534 DETACHD 1
18110 Siena DR $1,650,000 $1,350,000 4 3.1 4,311 DETACHD 635

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.

Lake Oswego Open Houses ~ Sunday, Feb 7, 2010

Even on SuperBowl Sunday there are properties Open in Lake Oswego… including Dianne’s on Oswego Summit.  Stop by and say hello!

Here are the Open Houses in Lake Oswego according to RMLS:

Address L/Price # Beds # Baths Total SF Prop Type Open
1950 BONNIEBRAE DR $189,900 2 1.1 1056 ATTCHD 1-3PM
211 OSWEGO SMT $229,900 2 2 1506 CONDO 12=3PM
2245 GLEN HAVEN RD $379,000 3 1.1 1276 DETCHD 12-4PM
2688 RIVENDELL RD $745,000 4 3 3720 DETCHD 1-4PM

Linda’s “News & Notes”

1) Some Interesting Updates on the Portland Area Market:

–       (According to RMLS)

  • Home sales in the Portland area showed marked improvement when compared with the same period (December) a year prior. “Closed” sales were up 52.6%, “Pending” sales rose 40.9%, and “New Listings” rose 11.9%.
  • In addition, the average sale price was down 2.5% compared to Dec. 08.
  • The average sales price for the 12-month period of 2009 was down 12.1% from the previous year.

2) Tax Credits: The “First Time Home Buyers” tax credit was extended to this Spring (yikes… getting close) and there has been an additional tax credit extended to those “Buying Up” who have lived in their current home for five years and are buying a property of less than $800,000.  Both of these tax credits expire in April: The contract must be inked by April 30th, and the closing must be by June 30th.  If you or someone you care about are considering taking advantage of this amazing opportunity, you really must start looking for a home now to make the timeline.

3) Interest Rates to Rise: According to Carrie Bay of DSNews.com (among many others), interest are projected to begin rising, and have risen .25% already within the past month.

4) F.H.A to Raise Standards for Mortgage Insurance: No date has been set yet, but the word is “summer”. (ANOTHER reason to put your home-buying plan in motion now…)

–      (excerpted From David Streitfeld of the NY Times)

  • Borrowers who get an F.H.A.-insured loan will soon have to pay a higher initial insurance premium. The new premium will be 2.25 percent of the value of the loan, up from 1.75 percent. 
  • Starting this summer, sellers will not be able to offer as much help to buyers to pay their closing costs. The maximum amount of assistance will drop to 3 percent of the value of the property, from the current 6 percent.
  • Left largely untouched by the changes is the most controversial aspect of the agency’s program: a provision allowing buyers to make a down payment as low as 3.5 percent. Private lenders these days require at least 15 percent.
  • Borrowers who want to put the minimum down will now be required to have credit scores of at least 580. Previously, there was no minimum score. (This is a relatively decent bar though, so this rule may have little effect.)

5) Attention Investors: Yay! HUD has decided to waive the 90 day seasoning financing contingency for buyers!

-(From Pat Goodell of Academy Mortgage ~ 503 380 0953)

Effective February 1st,  2010, there will no longer be a requirement for a seller of a property to be on title for 90 days or more in order for approval of an FHA backed loan. This is incredible news, since the majority of buyers in today’s market are FHA buyers! The 90 day seasoning issue has long been an issue for investors and agents when working with short sales. This is changing on Feb 1st. The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales. This will allow homes to resell as quickly as possible, helping to stabilize real estate prices and to revitalize neighborhoods and communities.”

–          ***Linda’s note: There are a few minor restrictions on this.  Let me know if you’re interested & I’ll send you the entire document with more detail.

6)Credit Card Companies Get Slapped w/Restrictions: We all know how hard the new mortgage guidelines have hit some potential home-buyers.  Sometimes it seems like every time you turn around the consumer is facing yet another hurdle from the banking industry.  Well, this time the consumer is being offered protections that should make it easier, less expensive, and less confusing to do business with, or work to pay off credit card companies.   Here’s an excerpt from the Federal Reserve’s Announcement:

The Federal Reserve Board on Tuesday approved a final rule amending Regulation Z (Truth in Lending) to protect consumers who use credit cards from a number of costly practices. Credit card issuers must comply with most aspects of the rule beginning on February 22.

“This rule marks an important milestone in the Federal Reserve’s efforts to ensure that consumers who rely on credit cards are treated fairly,” said Federal Reserve Governor Elizabeth A. Duke.  “The rule bans several harmful practices and requires greater transparency in the disclosure of the terms and conditions of credit card accounts.”

Among other things, the rule will:

  • Protect consumers from unexpected increases in credit card interest rates by generally prohibiting increases in a rate during the first year after an account is opened and increases in a rate that applies to an existing credit card balance.
  • Prohibit creditors from issuing a credit card to a consumer who is younger than the age of 21 unless the consumer has the ability to make the required payments or obtains the signature of a parent or other cosigner with the ability to do so.
  • Require creditors to obtain a consumer’s consent before charging fees for transactions that exceed the credit limit.
  • Limit the high fees associated with subprime credit cards.
  • Ban creditors from using the “two-cycle” billing method to impose interest charges.
  • Prohibit creditors from allocating payments in ways that maximize interest charges.

Consumers can learn more about changes to their credit card accounts by accessing a new online publication. “What You Need to Know: New Credit Card Rules.” It explains key changes consumers can expect from their credit card companies as a result of the new rules. The Board plans to release additional “What You Need to Know” publications in conjunction with other major rulemakings

Market Activity for January 25-31, 2010

Last week brought 13 new listings onto the market in Lake Oswego, 14 pending sales, and 3 closed sales. In the weekly lockbox activity report, lockbox openings were up for the 4th week in a row. So lots of buyers are out there looking.

I am excited this week to have my own new listing in the market activity report. 211 Oswego Summit came onto the market for $229,900. It is a gorgeous (yes, I know I am prejudiced, but seriously, this home is spectacular) one-level condominium in Oswego Summit. It has over 1500 square feet with 2 HUGE bedrooms and 2 full baths. It is on the top floor with commanding views of Mt. St. Helens and SW Portland, but it has an elevator so there are NO STAIRS. I’ll be holding it open on Broker’s Tour on Tuesday the 2nd from 11am to 1pm. The public is welcome to attend Broker’s Open Houses, so come on by. And if you can’t make it on Tuesday, I’ll be there again on Sunday the 7th from noon to 3pm.

Here is last week’s market activity report:
Here’ your data for last week (see below the tables for additional notes):
NEWLY LISTED (Jan. 25—Jan. 31, 2010)

Address List Price # BR # BTHS Total SF Prop Type List Date
4 TOUCHSTONE DR $156,000 2 2 979 CONDO 1/27/2010
205 CERVANTES $164,900 2 1.1 1,216 ATTACHD 1/26/2010
4 TOUCHSTONE $184,000 3 2.1 1,351 CONDO 1/28/2010
48 EAGLE CREST DR $224,900 2 2 1,370 CONDO 1/26/2010
211 OSWEGO SMT $229,900 2 2 1,506 CONDO 1/31/2010
29 E AVE $289,000 2 1 1,176 DETACHD 1/28/2010
92 GREENRIDGE CT $349,995 3 2.1 1,980 ATTACHD 1/28/2010
5330 LOWER DR $399,000 3 2 2,010 DETACHD 1/29/2010
785 3RD ST 439900 2 1 1,100 DETACHD 1/26/2010
13052 KNAUS RD 475000 5 3 3,026 DETACHD 1/30/2010
4524 AUBURN LN 535000 3 3.1 2,732 DETACHD 1/26/2010
1 BRITTEN CT 625000 4 3 2,325 DETACHD 1/30/2010
15915 WALUGA DR 669000 3 2.1 2,939 DETACHD 1/25/2010

PENDING SALES (Jan. 25 – Jan. 31, 2010)

Address List Price # BR # BTHS Total SF Prop Type CDOM
5225 Jean RD $164,900 2 2 1,100 CONDO 79
105 KINGSGATE RD $269,900 3 2 1,500 DETACHD 203
17650 ARBOR LN $319,000 3 3 2,043 DETACHD 209
2705 ORCHARD HILL PL $374,900 3 2.5 2,250 DETACHD 19
2530 PALISADES CREST DR $376,200 4 2.1 2,774 DETACHD 20
19 BECKET ST $399,995 4 3.1 3,818 DETACHD 72
529 2ND ST $445,000 2 2 1,339 CONDO
19 MORNINGVIEW CIR $469,900 3 2.1 2,337 DETACHD 4
12748 SW 22ND AVE 515000 3 2.1 3,052 DETACHD 188
401 ASH ST 525000 5 4 5,320 DETACHD 469
17649 WOODHURST PL 579900 6 4.1 5,669 DETACHD 285
5322 ROSALIA WAY 699000 4 2.1 3,500 DETACHD 87
17212 CHAPIN WAY 850000 3 2.1 2,541 DETACHD 314
13311 LESLIE CT 1479000 4 4.1 5,601 DETACHD 223

SOLD (Jan. 25 – Jan. 31, 2010)

Address O/Price Close Price # BR # BTHS Total SF Prop Type CDOM
1261 BOCA RATAN DR $239,000 $213,000 3 2 1,611 ATTACHD 93
909 CUMBERLAND PL $374,000 $285,000 4 3 2,716 DETACHD 43
8 WALKING WOODS DR $450,000 $423,000 4 3 3,302 DETACHD 303

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.

Open Houses for January 31, 2010

There are 28 open houses being advertised via the RMLS for Lake Oswego this Sunday:

Address List Price # BR # BTHS Total SF Prop Type Open
59 GALEN ST $94,950 1 1 550 CONDO 1 to 3
100 LEONARD ST $264,900 2 2 1,364 CONDO 1:30 to 4
5373 LAKEVIEW BLVD $329,500 3 1 2,176 DETACHD 2 to 4
15965 INVERURIE RD $385,000 4 2 1,915 DETACHD 1 to 3
119 3RD ST $399,900 3 2 1,204 CONDO 1 to 4
3075 ROYCE WAY $430,000 4 3.1 3,667 DETACHD 1 to 4
4955 GALEN ST $435,000 3 2.1 1,887 DETACHD 1 to 4
13448 AUBURN CT $474,900 3 2.1 2,535 ATTACHD 1 to 3
2705 SW ORCHARD HILL LN 499350 3 2.1 2,841 DETACHD 1 to 4
73 TANGLEWOOD DR 499500 4 3.1 4,254 DETACHD 1 to 4
4605 CHELSEA LN 649000 4 2.1 3,411 DETACHD 1 to 3
15915 WALUGA DR 669000 3 2.1 2,939 DETACHD 1 to4
520 C AVE 745000 4 4 3,242 ATTACHD 1 to 2:30
540 C AVE 749000 4 3.1 3,539 ATTACHD 1 to 2:30
17110 LOWENBERG TER 799000 4 2.1 2,678 DETACHD 12 to 3
17281 LOWENBERG TER 884900 4 3.1 3,386 DETACHD 12 to 3
17154 LOWENBERG TER 889900 5 3.1 3,497 DETACHD 12 to 3
12439 SW 22ND AVE 949900 4 3.1 4,118 DETACHD 12 to 4
17896 SW KELOK RD 990000 5 5 4,323 DETACHD 1:30 to 3:30
18222 SIENA DR 1088000 6 4.1 3,800 DETACHD 1 to 3
18143 SIENA DR 1197000 5 4.1 4,152 DETACHD 1 to 3
1808 RIDGE POINTE DR 1269000 5 4.1 4,155 DETACHD 1 to 3
18246 BELLA TERRA DR 1294000 4 3.1 4,196 DETACHD 1 to 3
664 OAK MEADOW DR 1299950 4 3.1 4,198 DETACHD 1 to3
657 OAK MEADOW DR 1349950 4 3.1 4,371 DETACHD 1 to3
17364 RIDGEVIEW CT 1399950 4 3.1 4,436 DETACHD 1 to 3
13961 KNAUS RD 2250000 4 4.2 6,614 DETACHD 3 to 4:30
2572 GLEN EAGLES PL 2395000 5 4.2 6,490 DETACHD 1 to 3

Have a great weekend!

Lake Oswego Market Activity ~ Jan. 18-24, 2010

There were 16 New, 10 Pending, and 4 Sold properties during last week’s Monday – Sunday period according to RMLS.  (Note: RMLS data is based on data input by Listing Agents up to the date/time of our writing this post.  This means that there is the -possibility- that something might have sold or gone pending and not been entered into RMLS yet, but these things are generally entered right away, so the RMLS data we compile & share is pretty accurate.)

We have been seeing an increase in Buyer activity according to RMLS lockbox stats as well.  This is to be expected as rates are still low (though starting to increase a bit), FHA is still only requiring a low of  3.5% down (though this is supposed to increase significantly in the summertime) and the tax credits are in full force, coming with an April deadline. All this means that “looking” is starting now for those serious about finding that special property either as a First-Time Buyer, or one who is “Moving Up” (meaning: having been in their home for at least 5 years and buying under $800,000.).  Tax credits are $8,000 & $6,500. respectively.

Here’ your data for last week  (see below the tables for additional notes):
NEWLY LISTED (Jan. 18—Jan. 24, 2010)

Address List Price # Beds # Baths Total SF Prop Type List Date
44 EAGLE CREST DR $139,000 1 1 798 CONDO 1/20/2010
4 TOUCHSTONE $185,000 3 2.1 1,351 CONDO 1/20/2010
4322 BOTTICELLI ST $279,900 2 2.1 2,043 CONDO 1/23/2010
4372 WOODSIDE CIR $284,900 2 2 1,178 ATTACHD 1/18/2010
4 THE GROTTO $289,000 3 2.1 1,534 DETACHD 1/24/2010
4717 FIRWOOD RD $319,000 8 3 2,502 DETACHD 1/22/2010
4730 FIRWOOD RD $375,000 4 2 2,124 DETACHD 1/23/2010
2245 GLEN HAVEN RD $379,000 3 1.1 1,276 DETACHD 1/20/2010
8 POLONIUS $385,000 3 2 1,760 DETACHD 1/22/2010
15965 INVERURIE RD $385,000 4 2 1,915 DETACHD 1/22/2010
1571 WOODLAND TER $450,000 4 2 2,400 DETACHD 1/19/2010
19203 SW Megly Ct $589,900 5 3.1 3,595 DETACHD 1/22/2010
727 6TH ST $895,000 4 2 2,884 DETACHD 1/20/2010
356 9TH ST $1,175,000 4 3.1 3,647 DETACHD 1/21/2010
18735 BRYANT RD $1,181,900 5 3.1 5,597 DETACHD 1/18/2010
95 IRON MOUNTAIN BLVD $1,950,000 5 4.1 4,818 DETACHD 1/21/2010

PENDING SALES (Jan. 18 – Jan. 24, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
45 SW EAGLE CREST DR $205,000 3 2 1,348 CONDO 50
192 RIDGEWAY RD $209,900 2 1 1,659 CONDO 148
4447 GOLDEN LN $229,000 2 2.1 1,980 ATTACHD 531
17350 BLUE HERON RD $330,000 4 2.1 2,880 DETACHD 9
2650 DELLWOOD DR $410,000 4 3 3,238 DETACHD 295
4651 HASTINGS PL $454,900 4 2.1 2,215 DETACHD 15
2000 WEMBLEY PARK RD $540,000 4 3 2,660 DETACHD 89
5310 WASHINGTON CT $624,900 4 3.1 3,328 DETACHD 878
1505 COUNTRY CLUB RD $682,500 6 4.1 5,463 DETACHD 229
2201 HAZEL RD $1,399,000 4 3.5 5,446 DETACHD 605

SOLD (Jan. 18 – Jan. 24, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4000 SW CARMAN DR $154,900 $143,500 2 2 925 CONDO 137
14431 SHERBROOK PL $299,900 $284,000 4 3 3,284 DETACHD 365
5506 ROYAL OAKS DR $399,900 $410,000 4 3 2,317 DETACHD 19
34 HILLSHIRE DR $598,000 $510,000 3 2.1 3,822 DETACHD 699

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.

Lake Oswego Open Houses ~ Sunday, Jan. 24, 2010

We have 28 properties on tour in Lake Oswego this Sunday.  Once again, all ranges in price, styles and property types are open for your viewing pleasure!  I will be holding 363 6th St. open myself.  It is a stunning, custom town home in the heart of First Addition.  Come on by and say hello!

Here are the Open Houses in Lake Oswego according to RMLS:

Address List Price # Beds # Baths Total SF Prop Type Open
1950 BONNIEBRAE DR $189,900 2 1.1 1056 ATTCHD 2-4PM
1547 BOCA RATAN DR $208,900 2 1.1 1008 ATTCHD 11-1:30PM
1248 OAK ST $245,900 2 1 900 DETACHD 1-4PM
4372 WOODSIDE CIR $284,900 2 2 1178 ATTCHD 1-4PM
4310 SILVER CT $339,000 2 3.1 1996 ATTCHD 12:30-3:30PM
1025 C AVE $428,950 3 2 2261 DETACHD 1-3PM
4962 BILFORD LN $439,900 3 2.1 2168 DETACHD 1-3PM
16909 CRESTVIEW DR $524,900 4 3 2553 DETACHD 12-3PM
401 ASH ST $525,000 5 4 5320 DETACHD 1-3PM
475 10TH ST $534,950 4 2.1 2932 DETACHD 1-3PM
33 MORNINGVIEW CIR $574,900 3 2.1 2737 DETACHD 1-3PM
363 Sixth ST $599,900 3 3.1 2258 ATTCHD 2-4PM
5218 WESTFIELD CT $699,500 4 2.1 3125 DETACHD 1-4PM
16705 GLENWOOD CT $699,000 – $749,000 4 3 4243 DETACHD 12-3PM
17110 LOWENBERG TER $799,000 4 2.1 2678 DETACHD 1-3PM
17281 LOWENBERG TER $884,900 4 3.1 3386 DETACHD 1-3PM
17154 LOWENBERG TER $889,900 5 3.1 3497 DETACHD 1-3PM
17896 SW KELOK RD SW $990,000 5 5 4323 DETACHD 1-3PM
18222 SIENA DR $1,088,000 6 4.1 3800 DETACHD 1-3PM
2057 SUMMIT DR $1,099,000 4 3.1 4589 DETACHD 1-3PM
1809 HEADLEE LN $1,125,000 2 2.1 3836 DETACHD 1-3PM
18209 SIENA DR $1,178,950 5 3.1 3839 DETACHD 1-3PM
18143 SIENA DR $1,197,000 5 4.1 4152 DETACHD 1-3PM
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 1-3PM
18246 BELLA TERRA DR $1,294,000 4 3.1 4196 DETACHD 1-3PM
664 OAK MEADOW DR $1,355,000 4 3.1 4198 DETACHD 1-3PM
18110 Siena DR $1,394,000 4 3.1 4311 DETACHD 1-3PM
2572 GLEN EAGLES PL $2,395,000 5 4.2 6490 DETACHD 1-3PM

Broker’s Tour in L.O.~Tuesday, Jan. 19, 2010

I thought I’d bring you along with Dianne and I to see some of what was on Brokers’ Tour Tuesday in Lake Oswego.

What do we DO on tour??? Well, we check out properties that are new on the market or that have had a major change such as remodeling work or price reductions. We also enjoy visiting with each other & learning more about the properties (this is a great way to find out material information that is not included on the listing sheet), and you should know that Realtors LOVE to eat on tour! Usually we’ve been at meetings all morning and are ravenous by the time we get out to tour.  Dianne calls it the Pavlov Response… she postulates that even when we don’t tour, we automatically get hungry on Tuesdays at 11:00…  I think she’s right!

I was not able to post everything we saw on Tuesday, but I’ve got quite a bit to show you… Let’s get going! (all photos used with permission ~ remember that you can enlarge any photo by clicking on it)

We headed over to Westridge to 51 Hillshire Dr., to visit a custom contemporary home set up above the road and surrounded by luscious landscaping, giving it peaceful views out the many bright windows.  We were met by Debbie Todd who answered questions and showed us around with warmth and hospitality. This one is stately, with 4306 SF, 4 bedrooms, a formal but open entry, master suite on the main floor, high vaulted ceilings, hardwoods, great room with gorgeous kitchen (yes, that’s Dianne in the kitchen), fireplace and access to the spa/patio area (also accessible from the spacious master).  Daylight basement offers pool table area, 1/2 bath, media area, and a beautiful wet bar.  Three bedrooms are upstairs (one non-conforming). The flow of this home is so elegant, and the feel so open and peaceful… I would highly recommend a look.  This one is set & ready to welcome it’s new owners with style & comfort from day one.

From Westridge we drove to 2057 Summit Dr  in Summit Heights where the neighborhood is nestled up the graceful slope from Lake Oswego. This particular home is a totally remodeled 4 bedroom, 3 1/2 bath 1975 Craftsman with panache. I mean, this home shouts easy, comfortable living from the street as you enter the circular drive.  It is just a ‘superstar’ sitting there waiting for the perfect occupants. Set back a ways from the road, we meandered up the walk and were met by Susy Darm, another charming local Realtor with tons of information about the property to share. It is 4589 SF on a .45 acre lot overlooking the lake with beautiful views from the upper deck & grand master bedroom.  The outdoor living options begin with the main level deck that wraps from the porch around to the side… vaulted with forest views & accessible from the kitchen and dining areas.  Did I mention the kitchen?  Let’s just say stunning slab granite, Dacor Pro stove, Sub Zero, Viking, alder cabinets, and an open/airy feel.  The great room is wired for surround sound, there are three fireplaces, one of which boasts an alluring river pebble fascia. I could go on & on… media & game room, stellar bathrooms… but really, this one needs to be seen in person.

Leaving Susy, we decided to finish up our tour with the new construction  home at 567 6th Street in First Addition. We walked through this one about a month or two ago when it was in full building mode… we gingerly stepped through the home being careful not to trip and trying to visualize the finished result.  It was fun to see the transformation yesterday.  Shari Newman met us in the beautiful kitchen featuring one of my favorites… Carrera Marble for back-splash.  It offers 2568 SF of brand new home, with 4 bedrooms and 3 1/2 baths.  Floors are luxurious, dark hardwoods. Bathrooms feature granite and elegant fixtures & finishes.  The generous master is conveniently located on the main level. Upstairs also opens to three more bedrooms, one of which has high ceilings and could probably also be used as a game or media room.  Little touches than really shine include the brass gutters, and slatted wood ceilings on the front porch.  Style.

Well, that wraps up our Broker’s Tour for this week.  Hope it was fun tagging along with us! We’re always here to take a call & show you property if you find something that “speaks” to you.

If this is making you want to tour yourself, I’ll be holding 371 6th St. Open on Sunday in Lake Oswego from 2:00 – 4:00 PM.  This is a sweet 3 bedroom, 3 1/2 bath custom rowhouse in First Addition. C’mon down! We can chat.

Very Best,

Linda

You may reach me at:  503 318 2116