Tag: buying a home

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News & Notes

Buyer…. Be Informed!

As Realtors, we always encourage our Buyer clients to get information “direct from the horse’s mouth”, or more accurately, to call or visit the city where one is purchasing, and talk directly to the Planning or other related department about records for the home. You can ask any number of questions and talk directly to those “in the know”. We do conduct our own research, and do get involved and assist, but I still believe the best practice is for the Buyer to get their information “direct”. That way there’s no translating involved, and nothing that gets left “un-asked” that a client might wish they had asked their Realtor to find out later on. The people at the City are really nice folks, and are there to help. If you’re looking for a home in Lake Oswego, give them a call or pay them a visit! Here’s the link: City of Lake Oswego/Planning.
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Similarly, the Internet is a fantastic source for much of the information you want to find out regarding a home’s background, development potential, easements, past permits, lot lines, etc etc etc. There is a site called Portland Maps that can be accessed for information on Lake Oswego properties as well. This link is easy to use. Just type in the address, and voila, the aforementioned, along with demographics, crime statistics, and more is at your fingertips. Here’s the link to Portland Maps.

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Market Activity March 18-24, 2013

It was a busy week in real estate in Lake Oswego last week. We had 9 new listings, 27 pending sales, and 14 closed sales. The buyers are out there!

Here are further details regarding last week’s Market Activity:

NEW SALES (Mar 18-24, 2013):

Address Type Price BR Bths SF
4 Touchstone Condo $115,000 2 2 984
5213 Rosewood St Detached $389,900 3 2.5 1934
580 2nd St Condo $397,500 2 1.5+.5 1464
15495 Tanager Dr Detached $410,000 4 2.5 2255
16168 Lake Forest Blvd Detached $449,900 4 3 2276
17125 Warren Ct Detached $489,900 4 2.5 2705
557 2nd St #205 Condo $680,000 2 2.5 1833
3480 Upper Dr Detached $749,000 3 2.5 2571
4190 Chad Dr Detached $749,500 4 3.5 3756
14393 Amberwood Circle Detached $820,000 5 3.5 3692

PENDING SALES (Mar 18-24, 2013)

Address Type Price BR Baths SF DOM
4620 Lower Dr Condo $75,000 2 1.5 1160 107
208 Ridgeway Rd Condo $135,500 1 1 778 13
12632 Boones Ferry Rd Detached $204,000 2 2 1652 13
5020 Lakeview Blvd Detached $239,900 3 2 1192 1
16232 Bonaire Ave Detached $279,900 4 2.5 1792 17
4610 Lamont Way Detached $330,000 3 2 1750 10
18959 Kristi Way Detached $350,000 3 2 1778 33
2550 Greentree Rd Detached $359,900 4 3 2852 160
2593 Greentree Rd Detached $359,900 4 3 2215 7
1621 Larch St Detached $375,000 3 2.5 3040 138
1288 Rockinghorse Ln Detached $382,500 3 2 1742 111
4471 Chapman Way Detached $395,000 3 3 1989 1
4917 Mulholland Dr Attached $420,000 2 2.5 2403 58
2010 Greentree Rd Detached $420,000 4 2.5 2330 4
5099 Galen St Detached $429,500 4 2.5 2246 3
14520 Rainbow Dr Detached $429,900 4 2 2405 5
14336 Camden Ln Detached $432,500 4 2.5 2398 2
323 3rd St Attached $469,900 3 3.5 1959 205
686 Sunnyhill Dr Detached $499,900 4 2.5 2392 64
5450 Bay Creek Dr Detached $525,000 4 2.5 2386 5
940 Upper Devon Ln Detached $549,900 4 3 4464 295
2491 Overlook Dr Detached $579,990 4 3 3250 173
13282 Boones Ferry Rd Detached $585,000 4 2.5 3267 262
5554 Luce Ln Detached $589,900 5 3 3234 27
4036 Melissa Dr Detached $592,000 4 3.5 3118 17
17937 Kelok Rd Detached $675,000 5 2 2466 21
2960 Wembley Park Rd Detached $695,000 4 2.5 2000 252

SOLD (Mar 18-24, 2013)

Address Type List Price Closed Price Sq Ft CDOM
26 Crestfield Ct Condo $84,900 $89,100 989 11
44 Eagle Crest Dr #18 Condo $128,000 $128,000 1085 43
222 Cervantes D Condo $182,963 $181,000 1464 13
1028 Spruce St Detached $215,000 $230,100 1,140 42
466 5th St #14 Condo $299,900 $269,000 1092 175
1041 Hemlock St Detached $319,000 $293,000 2623 170
1449 Greentree Circle Detached $345,000 $295,000 1696 139
762 Maple St Detached $479,000 $449,000 2417 28
17802 Treetop Ln Detached $595,000 $514,000 3655 370
2770 Wembley Park Rd Detached $615,000 $588,000 3375 122
5028 Woodcrest Ln Lt14 Detached $608,000 $608,000 3063 218
17980 Meadowlark Ln Detached $645,000 $630,000 3252 1
15150 Glen Eagles Ct Detached $799,000 $759,900 2839 22
18785 Westview Dr Detached $1,795,000 $1,400,000 5508 274

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

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Open Houses for 3/24/13

There will be 12 open houses in Lake Oswego this Sunday.  Enjoy.

Address Type Price Bedroom Bath Open
572 S State St Condo $149,921 2 1-Jan 1 to 4
18903 Terry Ave Detached $339,000 3 2 12 to 2
14423 Orchard Springs Rd Condo $379,900 3 2.5 1 to 4
5533 Fieldstone Ct Detached $599,500 4 2.5 1 to 3
18460 Ray Ridge Dr Detached $650,000 3 2.5 12 to 2
868 7th St Detached $699,900 4 3 12 to 2
2860 Upper Dr Detached $748,500 4 3.5 11 to 2
310 Iron Mountain Blvd Detached $1,100,000 4 2.5 3 to 5
112 Northshore Circle Detached $1,625,000 3 3.5 11 to 4
612 Ridgeway Rd Detached $2,299,000 4 3.5 12 to 2
17125 Warren Ct Detached $489,900 4 2.5 1 to 4
4102 Chad Dr Detached $658,800 4 2.5 1 to 4
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Spring Around the Lake

I so look forward to spring. Longer days of sunlight, gradual warming, mowing the lawn for that first time, and the abundance of colorful flowers, it feels new everytime it happens.

I thought I’d share with you some of the gorgeous spring color, and also a poem by William Stafford. Mr. Stafford was a resident of Lake Oswego and is the City’s Poet Laureate.

Spring flowers 002

Spring flowers 004

 

 

 

 

 

 

Malheur before Dawn

An owl sound wandered along the road with me.
I didn’t hear it–I breathed it into my ears.

Little ones at first, the stars retired, leaving
polished little circles on the sky for awhile.

Then the sun began to shout from below the horizon.
Throngs of birds campaigned, their music a tent of sound.

From across a pond, out of the mist,
one drake made a V and said its name.

Some vast animal of air began to rouse
from the reeds and lean outward.

Frogs discovered their national anthem again.
I didn’t know a ditch could hold so much joy.

So magic a time it was that I was both brave and afraid.
Some day like this might save the world.

Spring flowers 001

Spring flowers 003

Happy spring,
Dianne

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Open Houses 3/10/13

It’s going to be a great weekend with 12 houses being held open on Sunday.  Enjoy!

Address Type Price Bedroom Bath Open
118 Oak St Detached $285,000 3 1-Jan 1 to 3
14414 Orchard Springs Rd Condo $369,900 4 2.5 1 to 4
4502 Auburn Ln Attached $439,900 3 3.5 1 to 4
1429 Greentree Circle Detached $459,500 4 2.5 1 to 4
4890 Sage Hen Circle Detached $484,900 4 2.5 1:30 to 3
2227 Hillside Dr Detached $495,000 4 3 2:30 to 4:30
16792 Quail Ct Detached $548,950 3 2.5 1 to 3
5533 Fieldstone Detached $599,500 4 2.5 1 to 3
3130 Westview Ct Detached $649,000 4 3.5 1 to 4
4102 Chad Dr Detached $672,000 4 2.5 1 to 4
1222 Glenmorrie Dr Detached $699,999 4 3 1 to 4
1667 Village Park Ln Detached $975,000 5 3.5 1 to 3

 

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Featured Property

16232 Bonaire AveBonaire 002

I am super excited to introduce you to my new listing in the Lake Grove neighborhood of Lake Oswego.  Here are the stats:

Built in 1961 with a master suite addition that was added in 1985

4 bedrooms, 2.5 baths, the house has a greatroom floorplan and is 1792 square feet.

This house is all on 1 level.

Now here is the highlight and most outstanding feature:  this house sits on a HUGE lot that is 75′ wide and 262′ deep.  You have space, space, and more space.  There is even a horse shoe pit.  The lot is not dividable, but rather meant to be enjoyed as a wonderful yard.  It is fully fenced.

Bonaire 018

The price of $279,900 reflects the fact that this house needs work.  It still has the original kitchen and baths.  It has been a rental for over 20 years and it is just well worn.  There are still some single-pane windows, although the gas furnace is just 10 years old.

Let me know if you have questions or would like to make an appointment to see the interior.  I’d love to show you this home.

Dianne

 

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Market Activity ~ Feb 25-Mar 3, 2013

Looking good with 16 New properties entering the market, 32 going to Pending status (!!!) and 19 Selling during the last 7-day period in Lake Oswego.

Here are further details regarding last week’s Market Activity:

NEW SALES (Feb 25-Mar 3, 2013):

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #26 $69,900 1 1 617 CONDO
87 OSWEGO SMT $89,900 2 1.1 1116 CONDO
235 CERVANTES $119,900 2 2 1100 CONDO
45 EAGLE CREST DR #213 $139,900 2 1.1 1056 CONDO
4417 THUNDER VISTA LN $192,600 2 2.1 1455 CONDO
5056 FOOTHILLS DR #D $259,000 2 2 1252 CONDO
6243 DAWN AVE $299,900 4 1.1 1254 DETACHD
4502 AUBURN LN $439,900 3 3.1 2732 ATTACHD
13437 PROVINCIAL HILL WAY $579,900 4 2.1 2833 DETACHD
32 HILLSHIRE DR $619,900 4 2.1 3605 DETACHD
17937 Kelok RD $675,000 5 2 2466 DETACHD
2088 LILLI LN $675,000 5 4 4101 DETACHD
1222 GLENMORRIE DR $699,999 4 3 2875 DETACHD
5 DOVER WAY $995,000 4 4.1 5257 DETACHD
615 4TH ST $995,000 4 3 3691 DETACHD
1947 SUMMIT DR $1,385,000 5 5.1 5000 DETACHD

PENDING SALES (Feb 25-Mar 3, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4620 LOWER DR $75,000 2 1.1 1160 CONDO 86
885 MCVEY AVE $209,000 3 1 1292 DETACHD 45
1674 FIRCREST DR $339,900 4 2 1998 DETACHD 54
3269 PHYLLIS CT $339,900 3 1.2 1711 DETACHD 4
332 4th ST $399,900 2 2.1 1731 ATTACHD 16
17618 BLUE HERON RD $399,900 4 2 2250 DETACHD 7
2 MOZARTEUM CT $417,000 3 2.1 2254 DETACHD 4
4909 MULHOLLAND DR $428,000 2 2.1 2403 ATTACHD 5
13906 MAJESTIC CT $469,000 4 3.1 2827 DETACHD 28
2491 OVERLOOK DR $579,990 4 3 3250 DETACHD 152
2415 PARK RD $584,500 4 2.2 2581 DETACHD 285
13060 KNAUS RD $1,299,000 4 3.1 4353 DETACHD 264

SOLD (Feb 25-Mar 3, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #67 $80,000 $78,000 1 1 841 CONDO 227
4000 CARMAN DR #21 $105,000 $95,000 2 2 885 CONDO 72
4 TOUCHSTONE #148 $120,000 $120,000 3 2.1 1351 CONDO 95
6462 Frost ST $344,900 $309,900 3 2.1 2205 DETACHD 117
6438 FROST ST $319,900 $325,000 3 2.1 2205 DETACHD 26
17721 OVERLOOK CIR $449,900 $410,000 4 2.1 3172 DETACHD 156
13340 Auburn CT $432,900 $440,000 3 2.1 2492 ATTACHD 601
2011 RIDGEWOOD LN $500,000 $480,000 5 3.1 3012 DETACHD 716
5124 ROSEWOOD ST $519,900 $490,000 5 3.1 3510 DETACHD 189
3197 ALBER SPRING CT $649,900 $620,000 4 2.1 3664 DETACHD 135
1864 CAMPUS WAY $668,999 $653,000 5 4 4142 DETACHD 2
17301 CANAL CIR $825,000 $749,000 3 2.1 1812 DETACHD 342
15825 OSWEGO SHORE CT $1,985,850 $1,875,000 3 3.1 4317 DETACHD 626

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

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News & Notes

Here is some recent data for you on the overall Portland area, as well as specific Lake Oswego/West Linn (RMLS lumps them together) activity:

According to the RMLS Market Action Report for the Portland Metro Area  January, 2013. At 1,344, Closed Sales were less than December’s 1,760, BUT, amount to the most Closed Sales in any January since 2007!

  • There were 2,438 New Listings (an 89.6% increase over Dec. 2012).
  • The Average Sale Price in January was $287,700. Comparing the average price of $277,000 during the last 12 months ending on Jan. 31st 2013, with the same 12 month period ending Jan. 31, 2012 of $262,900, there has been an increase of 5.4%
  • December 2012 logged 1,384 Pending Sales, while January 2013 ratcheted that up to 1906!                                                                                                                                                           For our Property Blotter readers, the combined area of Lake Oswego and West Linn reported:
    • 450 Active Listings
    • 187 New Listings
    • 130 Pending Sales
    • 79 Closed Sales
    • An average Sale Price of $480,600.
    • Average Time on the Market: 138 Days
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Market Activity Feb 18-24, 2013

Lake Oswego had 18 new listings enter the market last week, along with 18 homes that received accepted offers and 9 closed sales. What stood out for me, as I looked through the closed sales, is that 3 of the nine sold over the list price, including the house on Middlecrest that sold $51,000 over the list price. Sounds like aggressive multiple offers likely happened on that property.

Here are further details regarding last week’s Market Activity:

NEWLY LISTED (Feb 18-24, 2013)

Address Type Price BR Bths SF
174 Oswego Summit Condo $189,900 2 2 1506
10 Oriole Ln Detached $234,900 2 2 1654
3269 Phyllis Ct Detached $339,900 3 1.5+.5 1711
6024 Fernbrook Circle Detached $349,900 3 2 1470
17618 Blue Heron Rd Detached $399,900 4 2 2250
4909 Mulholland Dr Attached $428,000 2 2.5 2403
3110 Royce Way Detached $460,000 4 2.5 2732
16621 Graef Circle Detached $499,500 3 1.5 2170
5554 Luce Ln Detached $589,900 5 3 3234
5711 Victoria Ct Detached $610,000 4 2.5 2768
1873 Oak St Detached $635,000 3 2.5 3576
12635 Adrian Ct Detached $649,000 4 2.5 2501
3826 Upper Dr Detached $679,000 3 3 3226
435 8th St Detached $699,900 3 3.5 2394
3315 Cedar Ct Detached $744,000 4 3.5 3712
940 Cumberland Rd Detached $799,000 4 3 3062
Ash St Detached $1,200,000 4 3.5 3600
1475 Chandler Rd Detached $1,595,000 5 4.5 4561

PENDING SALES (Feb 18-24, 2013)

Address Type Price BR Baths SF DOM
92 Cervantes Cir 11-E Condo $104,900 2 1.5 912 182
15275 Boones Way Attached $252,000 2 2 1320 3
466 5th St #14 Condo $269,731 2 1.5 1092 175
2367 Glenmorrie Dr Detached $275,000 2 2 2132 273
2550 Greentree Rd Detached $359,900 4 3 2852 135
1659 Oak St Detached $364,900 3 2.5 1885 62
5499 Royal Oaks Dr Detached $384,900 3 2 1780 179
4857 Sage Hen Way Detached $429,000 4 3 2048 4
762 Maple St Detached $479,000 3 2.5 2417 28
18343 Deerbrush Ave Detached $489,000 4 2.5 2611 3
12926 Rogers Rd Detached $565,000 4 3 2276 13
3000 Brookside Rd Detached $598,000 3 2.5 1600 252
5088 Woodcrest Ln Detached $599,900 4 2.5 3056 199
5028 Woodcrest Ln lot 14 Detached $618,888 4 2.5 3063 218
6135 McEwan Rd Detached $649,900 2 1 1104 636
5064 Woodcrest Ln lot 11 Detached $649,900 4 2.5 3215 209
2065 Lilli Ln Detached $695,000 5 3.5+.5 4112 116
3174 Douglas Circle Detached $999,000 5 4.5 4600 23

SOLD (Feb 18-24 2013)

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Address Type List Price Closed Price Sq Ft CDOM
5060 Foothills Rd D Condo $239,000 $230,000 1252 7
232 Greenridge Dr Attached $285,000 $250,000 1492 125
620 Middlecrest Rd Detached $219,000 $270,000 884 20
19176 Benfield Ave Detached $299,000 $300,000 1538 15
18275 Pilkington Rd Detached $329,000 $345,000 2088 9
14598 Wilmot Way Detached $369,000 $365,000 1960 10
136 D Ave Attached $459,000 $405,000 1754 139
13364 Atwater Ln Detached $1,479,000 $1,250,000 5776 187
3917 Southshore Blvd Detached $2,150,000 $1,750,000 4657 214

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

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Open Houses 2/24/13

This Sunday there are 20 scheduled open houses in Lake Oswego. Enjoy!

Address Type Price Bedrooms Baths Open
18 Crestfield Ct Attached $105,000 2 1 2 to 4
6024 Fernbrook Circle Detached $349,900 3 2 12 to 2
18903 Terry Ave Detached $379,000 3 2 2:30 to 4:30
13901 Sundeleaf Dr Detached $379,900 4 3 12 to 2
1621 Larch St Detached $380,000 3 2.5 12 to 2
332 4th St Attached $399,900 2 2.5 1 to 3
2215 Fernwood Circle Detached $414,500 4 3 1 to 3
2 Mozarteum Ct Detached $417,000 3 2.5 1 to 2:30
13906 Majestic Ct Detached $469,000 4 3.5 1 to 4
2302 Overlook Dr Detached $589,900 4 2.5 11 to 1
5533 Fieldstone Ct Detached $599,500 4 2.5 1 to 3
5711 Victoria Ct Detached $610,000 4 2.5 1 to 3
720 Maple St Detached $649,000 3 2.5 1 to 3
1579 Bay View Ln Detached $659,698 4 3 1 to 3
4102 Chad Dr Detached $672,000 4 2.5 1 to 3
1985 Country Club Rd Detached $699,999 5 4 1 to 4
831 Northshore Rd Detached $800,000 3 2.5 1 to 4
112 Northshore Circle Detached $1,650,000 3 3.5 11 to 4
1677 Leslie Ln Detached $1,840,000 4 6.5 12 to 2