Tag: buying real estate

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Radon. What is it? What to do.

PortlandRadonZIPCodeMap

We haven’t addressed this in awhile, and though Lake Oswego has a “Moderate” risk of radon, it is still a concern, and when buying a home, should be addressed.

What is radon? Radon is a naturally occurring radioactive gas and comes from the natural breakdown (radioactive decay) of uranium. Certain rocks, like granite, lie in random accumulations down under the ground, and if the home you’re living in or contemplating buying has some underneath it, you may have radon gases seeping up into your home. That said, you might see a radon mitigation system on a neighboring property, and test finding no signs of radon emanating from underneath yours.

Radon is a known cause of lung cancer….so, its important to mitigate it. Luckily, mitigating is pretty simple and not too costly. It involves putting some type of piping into the area underneath the home and venting the gases high up, out and away from the home into the atmosphere. The cost is usually somewhere around $1400.00, give or take.

Testing for radon is a part of most every home inspection I oversee. There are several ways to test. If you own a home and wish to have it tested, there are kits you can purchase and then mail away for results. I prefer to know pretty quickly as transaction timelines necessitate all kinds of decision-making within some tight timelines. My preferred method is enlisting the services of an environmental services company to place a small machine in the home at the lowest living area. After 48 hours, a ticker tape of sorts will give a readout of radon levels throughout that time, and you can discuss whether the levels are within the “safe” range…or not.

Here is a recent piece on radon mitigation in the Portland area: CLICK HERE

Hope this information has proven helpful.

Very Best,
Linda

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Market Activity ~ April 17-23, 2017

Last week saw 16 New properties enter the market in Lake Oswego, 28 move to Pending status, and 22 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Apr 17-23, 2017)

Address List Price # Beds # Baths Total SF Prop Type
12 OSWEGO SMT / Upper $190,000 2 2 1140 CONDO
5056 FOOTHILLS DR #58 $339,900 2 2 1252 CONDO
4268 WOODSIDE CIR $375,000 4 2 1944 ATTACHD
1033 HALLINAN ST $399,900 3 1 936 DETACHD
975 SOUTHSHORE BLVD $579,995 3 2.1 2191 DETACHD
20 MORNINGVIEW CIR $619,000 3 2.1 2698 DETACHD
1991 WEMBLEY PL $625,000 4 2 3042 DETACHD
5875 BAY POINT DR $649,000 3 2.1 2511 DETACHD
940 HOODVIEW LN $649,900 4 2.1 2520 DETACHD
880 WOODWAY CT $700,000 4 3 3513 DETACHD
18439 DEERBRUSH AVE $719,900 4 2.1 2694 DETACHD
16493 GLENWOOD CT $799,000 4 3.1 4530 DETACHD
3088 ROSEMARY LN $824,000 4 2.1 3233 DETACHD
592 7TH ST $988,000 2 3 2562 DETACHD
3151 ALBER SPRING CT $999,950 5 3.1 3802 DETACHD
1130 OAK TER $1,099,000 4 3.1 3729 DETACHD

PENDING SALES (Apr 17-23, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4 TOUCHSTONE #126 $183,000 2 2 1000 CONDO 5
44 EAGLE CREST DR #36 $189,900 2 1 908 CONDO 14
4 TOUCHSTONE #76 $199,900 2 2 984 CONDO 7
200 BURNHAM RD #400 $210,000 1 1 968 CONDO 2
146 OSWEGO SMT / Upper $229,900 2 2 1212 CONDO 2
245 CERVANTES / Lower $250,000 2 2 1292 CONDO 17
32 GREENRIDGE CT $353,000 3 2.1 1996 CONDO 107
4756 CARMAN DR $379,000 3 1 1455 DETACHD 4
16393 KIMBALL ST $459,400 3 2 1522 DETACHD 52
1658 GREENTREE RD $479,000 4 3 2394 DETACHD 40
16650 LAKE FOREST BLVD $479,000 3 2 1646 DETACHD 2
19201 SW RED WING CT $514,900 4 3 2471 DETACHD 1
18791 INDIAN CREEK WAY $545,000 3 2 1965 DETACHD 4
16500 LEXINGTON CT $550,000 2 2 1688 DETACHD 7
17582 CARDINAL DR $599,900 4 2.1 2326 DETACHD 73
1662 WORTHINGTON ST $599,999 4 2.1 2116 DETACHD 7
5656 LA MESA CT $674,500 4 3 2748 DETACHD 214
17568 BLUE HERON CT $675,000 4 3.1 3909 DETACHD 295
17020 CHAPIN WAY $675,000 4 3 3258 DETACHD 60
4182 GLACIER LILY ST $685,000 4 3 2799 DETACHD 107
16872 CANYON DR $689,900 5 3.1 4069 DETACHD 30
4819 HASTINGS DR $699,900 4 2.1 2453 DETACHD 4
16038 REESE RD $699,900 4 3 3189 DETACHD 48
586 WEIDMAN CT $850,000 5 3.1 3796 DETACHD 4
15963 BONAIRE AVE $868,000 3 2.1 3050 DETACHD 43
950 CEDAR ST $993,000 4 3.1 3135 DETACHD 417
4230 SUNSET DR $1,200,000 4 2.1 3250 DETACHD 14
16645 GRAEF CIR $1,750,000 4 4.1 3075 DETACHD 1

SOLD (Apr 17-23, 2017)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
64 CERVANTES CIR $179,698 $180,000 2 1.1 912 CONDO 2
86 KINGSGATE RD #D-201 $189,500 $195,000 2 2 938 CONDO 6
5056 FOOTHILLS DR #G $309,000 $309,000 2 2 1252 CONDO 3
14372 SHERBROOK PL $335,000 $315,000 2 1.1 1216 DETACHD 203
16514 CARNEGIE AVE $440,000 $390,000 3 1.1 1182 DETACHD 7
16821 CORTEZ CT $375,000 $409,900 3 2 1192 DETACHD 5
5000 CARMAN DR $499,900 $430,000 2 2.1 2010 DETACHD 110
18455 SW Terry $449,000 $447,000 3 2 2257 DETACHD 8
19064 BENFIELD AVE $465,000 $447,100 4 2 1928 DETACHD 5
6276 FROST LN $549,000 $551,000 4 3.1 2304 DETACHD 6
145 DEL PRADO ST $525,000 $561,000 3 2 2074 DETACHD 3
4680 UPPER DR $575,000 $599,999 3 2 1656 DETACHD 4
17372 HUNTER CT $699,000 $622,325 3 2.1 3424 DETACHD 229
15155 BROOK CT $599,900 $630,000 4 3 2388 DETACHD 5
6 DEL PRADO ST $635,000 $655,000 4 3 3318 DETACHD 3
17560 WESTVIEW DR $670,000 $715,000 3 2.1 2590 DETACHD 4
13745 CAMEO CT $895,500 $825,000 4 3 3380 DETACHD 10
17521 LAKE HAVEN DR $899,900 $879,500 4 2.1 3080 DETACHD 5
14021 EDENBERRY CT $875,000 $903,000 4 2.1 3238 DETACHD 5
17512 GREENBLUFF DR $1,150,000 $998,000 4 4 4033 DETACHD 245
15112 QUARRY RD $1,099,000 $1,099,000 5 3.1 3285 DETACHD 25
671 5TH ST $1,178,000 $1,160,000 4 2.1 2781 DETACHD 161

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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Market Activity Report, April 10th – 16th 2017

Here is the Market Activity Report for April 10th through the 16th. The market continues to speed up as we enjoy a sunny spring. We saw 19 homes enter the market, many of which are over 1 million, WOW!
22 houses went pending, and 10 houses sold.

Following is the breakdown for you according to RMLS:

New on the Market (April 10-16, 2017)

Address Type Price Bedrooms Bathrooms Sqft
750 1ST ST #32 CONDO 199,900 1 1 986
224 RIDGEWAY RD 15-B CONDO 275,000 1 1 700
4469 GOLDEN LN ATTACHED 325,000 2 2.5 1888
81 KINGSGATE RD DETACHED 419,500 2 2 1270
4968 SUNTREE LN ATTACHED 429,000 2 2.5 1680
1059 DEVON LN DETACHED 514,900 2 2.5 2188
5189 TREE ST DETACHED 549,900 4 3 1470
4913 HASTINGS DR DETACHED 668,000 3 2.5 2280
840 BOCA RATAN DR DETACHED 774,000 4 3.5 3595
18052 HOBBIT CT DETACHED 800,000 4 3.5 3289
50 BECKET ST DETACHED 849,900 4 2.5 4162
1100 TYNDALL CT DETACHED 889,500 3 2.5 3142
3938 EDENS EDGE DR DETACHED 1,019,000 4 3.5 3882
14113 AMBERWOOD CIR DETACHED 1,039,000 4 2.5 3512
3458 LAKEVIEW BLVD DETACHED 2,998,000 4 4.5 4647
13961 KNAUS RD DETACHED 3,000,000 4 4.5 6614
951 ATWATER RD DETACHED 3,100,000 6 5.5 7582
14390 UPLANDS DR DETACHED 4,295,000 4 4.5 7656
1527 LAKE FRONT RD DETACHED 6,285,000 5 6.5 7220

Pending Sales (April 10-16, 2017)

Address Type Price Bedroom Bathrooms DOM
47 EAGLE CREST DR #11 CONDO 179,900 2 1 7
332 SW CERVANTES CIR CONDO 184,900 2 1 10
24 OSWEGO SMT CONDO 199,000 2 2 54
50 OSWEGO SMT CONDO 199,900 1 1 2
48 EAGLE CREST DR CONDO 224,900 2 2 26
200 BURNHAM RD CONDO 285,000 2 2 13
1233 BOCA RATAN DR ATTACHED 325,000 2 2 4
5053 FOOTHILLS DR ATTACHED 349,900 3 2 15
16725 LAKE FOREST BLVD DETACHED 389,900 3 2 33
17554 SCHALIT WAY DETACHED 419,900 3 2 3
19021 INDIAN SPRINGS RD DETACHED 485,000 3 2 0
3211 ROYCE WAY DETACHED 499,900 3 2.5 32
56 AQUINAS ST DETACHED 529,000 4 3 10
5966 FROST LN DETACHED 550,000 4 2.5 37
2401 MAYORS LN DETACHED 595,000 3 3 32
46 DA VINCI ST DETACHED 639,900 4 3 34
5919 BAY POINT DR DETACHED 660,000 4 2.5 4
18247 MORIA CT DETACHED 664,950 4 2.5 8
1411 CHERRY CREST DR DETACHED 728,000 8 4.5 21
16672 FIR LN DETACHED 1,238,000 4 4.5 98
18000 EASTRIDGE LN DETACHED 1,750,000 4 4.5 69
17399 CANAL CIR DETACHED 2,395,000 4 3.5 31

Sold/Closed (April 10-16, 2017)

Address Type List Price Close Price Sqft DOM
4000 CARMAN DR CONDO 200,000 207,000 866 2
200 BURNHAM RD CONDO 375,000 362,500 1966 979
5717 SW LANGFORD LN DETACHED 487,500 503,000 1800 3
383 ASH ST DETACHED 575,000 570,000 1697 0
14061 TAYLORS CREST LN DETACHED 779,000 760,000 2970 114
205 5TH ST DETACHED 799,000 780,000 2556 111
35 TANGLEWOOD DR DETACHED 950,000 950,000 4202 3
3155 UPPER DR DETACHED 1,100,000 1,040,000 2950 226
4434 LAKEVIEW BLVD DETACHED 1,375,000 1,285,000 2803 89
4250 UPPER DR DETACHED 1,580,000 1,570,000 4337 7

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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LO Elementary Schools are Best in Oregon

I am of the opinion that the #1 reason that people move to Lake Oswego is for the quality of the public schools. Sure, the town is conveniently located to both Portland and the tech industry in Beaverton. It has low crime, great shopping and restaurants. There are lots and lots of reasons to want to live in Lake Oswego, but the #1, hands down, is the schools.

This was born out, again, this week by the release of a study done by Niche. Niche is a private research group in Pittsburgh, Pennsylvania, who studies schools all over the United States. This last week they released their list of the best elementary schools in the State of Oregon. Here are the top 10:

#1 Oak Creek in Lake Oswego
#2 Westridge in Lake Oswego
#3 Hallinan in Lake Oswego
#4 Lake Grove in Lake Oswego
#5 Riverdale in Portland
#6 Forrest Hills in Lake Oswego
#7 Rivergrove in Lake Oswego
#8 John Muir in Ashland
#9 Willamette Primary in West Linn
#10 Bolton in West Linn

That is every single elementary school in Lake Oswego listed within the top 10 in the state and dominating with 6 out of the top 7. To see the full article, please click here.

I will never forget the day that I decided to move to Lake Oswego. I lived in Sellwood in Southeast Portland, a very trendy and popular area that has only grown more desirable with time. My kids were 8 and 11. My oldest had just started at Sellwood Middle School. I was so completely underwhelmed by the academics. I had been a class room parent volunteer since day 1 in Kindergarden. I knew first hand what the class rooms were like. I just new that I wanted more for my kids. It was a simple as that. The time to move was at that moment, before my kids got any further entrenched socially in Portland Public Schools. And so I moved my kids to Lake Oswego. What a breath of fresh air! Books in the class room (not photo copied everything), teachers who were engaged, kids who ready to learn. It was one of the best decisions that I have ever made for my kids.

You may be in the very same spot. Maybe your kids are growing fast and you know that you want to give them every opportunity possible. Maybe your thinking about the move to Lake Oswego. Please give Linda, Whitney or myself a call. We would love to be of help.
Dianne

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Market Activity April 3-9, 2017

Driving across town yesterday I put on and took off my sunglasses 3 times. That’s how spring rolls in Lake Oswego: beautiful blue skies and sunshine, pouring rain, beautiful blue skies and sunshine, pouring rain. I will also say that the sunsets with the dramatic cloud formations have been incredible. The spring market is kicking into gear as well. Last week LO had 21 properties come onto the market, 22 go into pending status, and 16 closed/sold homes.

Following is the breakdown for you according to RMLS:

New on the Market (April 3-9, 2017)

Address Type Price BR Baths Sq Ft
4615 Lakeview Blvd Condo $99,900 1 1 753
15 Crestfield Ct Condo $125,000 1 1 552
86 Kingsgate Rd F202 Condo $164,900 2 2 849
47 Eagle Crest Dr #11 Condo $179,900 2 1 932
332 Cervantes Cir Condo $184,900 2 1 832
86 Kingsgate RdD 201 Condo $189,500 2 2 938
44 Eagle Cresst Dr #36 Condo $189,900 2 1 908
750 1st St E28 Condo $199,950 1 1 902
1233 Boca Ratan Dr Attached $325,000 2 2 1393
56 Aquinas St Detached $529,000 4 3 2119
5 Grouse Terr Detached $579,000 3 2.5+.5 2527
14542 Rainbow Dr Detached $597,000 6 3 3642
17085 Chapin Way Detached $619,900 3 3 3330
18247 Moria Ct Detached $664,950 4 2.5 2791
103 Girabaldi St Detached $949,000 4 3.5 3940
13658 Provincial Hill Way Detached $990,000 5 4 3853
4081 Pfeifer Ct Detached $999,990 5 3.5 4078
3926 Edens Edge Dr Detached $1,199,000 5 3.5+.5 4624
4230 Sunset Dr Detached $1,200,000 4 2.5 3250
3133 Douglas Cir Detached $1,499,000 4 3.5 3981
13571 Westlake Dr Detached $1,500,000 5 4.5 4078

Pending Sales (April 3-9, 2017)

Address Type Price BR Baths Sq Ft CDOM
111 Oswego Summit Condo $195,500 1 1 764 1
168 Oswego Summit Condo $197,000 2 2 1383 64
169 Oswego Summit Condo $199,999 2 2 1383 352
181 Oswego Summit Condo $237,000 2 2 1383 12
245 Cervantes Condo $250,000 2 2 1292 3
5063 Foothills Dr A Condo $310,000 2 2 991 2
17901 Tualata Ave Detached $347,000 3 1 912 3
17224 Greentree Ave Detached $465,900 3 2 1554 7
19 Bloch Terr Attached $365,000 2 2 1527 2
5463 Tree St Detached $485,000 3 1.5 1460 5
440 Boca Ratan Dr Detached $499,000 3 2 1932 2
5750 Washington Ct Detached $549,900 3 2.5 2238 182
4688 Firwood Rd Detached $569,000 5 2.5 2436 2
1227 Ash St Detached $599,900 2 2 2151 37
1666 Fircrest Dr Detached $640,000 4 3 2817 5
17465 Upper Cherry Ln Detached $645,000 4 3 3856 228
18461 Waxwing Cir Detached $649,900 5 2.5 3109 3
2397 Hillside Ln Detached $739,000 5 3 2950 8
2481 Marylshire Ln Detached $799,000 5 3.5 4154 37
5640 Meridian Ct Detached $850,000 5 3.5 3493 1
1273 Wells St Detached $979,000 5 3 4091 55
13327 Atwater Ln Detached $1,395,000 3 3 3004 7

Sold/Closed (April 3-9, 2017)

Address Type List Price Sold Price Sq Ft CDOM
1 Crestfield Ct Condo $149,500 $155,629 689 4
47 Eagle Crest Dr #62 Attached $190,000 $203,000 1,026 4
151 Oswego Summit Condo $199,900 $213,000 1,506 37
44 Eagle Crest Dr #28 Condo $219,950 $215,000 1085 39
550 S State St Condo $254,900 $246,000 920 19
18225 SW 65th Ave Detached $225,500 $258,944 1701 33
3970 Carman Dr Attached $250,000 $275,000 1129 2
15256 Boones Way Attached $424,500 $422,085 1618 57
5115 Firwood Rd Detached $479,900 $485,000 1657 1
4750 Upper Dr Detached $550,000 $550,000 3091 14
5 Preakness Ct Detached $565,000 $565,000 3003 2
2060 Ridge Pointe Dr Detached $760,000 $727,060 4120 157
5328 Lower Dr Detached $795,000 $785,000 2600 32
286 D Ave Attached $799,900 $799,000 2302 83
2100 Ridge Pointe Dr Detached $799,900 $825,000 5375 228
776 Carrera Ln Detached $1,000,000 $991,700 3449 25

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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Market Activity ~ March 27-April 2, 2017

Last week saw 11 New properties enter the market in Lake Oswego, 15 move to Pending status, and 15 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 27-Apr 2, 2017)

Address List Price # Beds # Baths Total SF Prop Type
181 OSWEGO SMT $237,000 2 2 1383 CONDO
#405 $285,000 2 2 1325 CONDO
668 MCVEY AVE $349,900 2 1 852 CONDO
5053 FOOTHILLS DR #F $365,000 3 2 1252 ATTACHD
5463 TREE ST $485,000 3 1.1 1460 DETACHD
1031 OXFORD DR $549,000 3 2.1 2492 DETACHD
8 PIMLICO TER $695,000 5 3 3120 DETACHD
2397 HILLSIDE LN $739,000 5 3 2950 DETACHD
13327 ATWATER LN $1,395,000 3 3 3004 DETACHD
888 FAIRWAY RD $1,770,000 5 2.2 5788 DETACHD
16819 GREENBRIER RD $1,995,000 4 4 3022 DETACHD

PENDING SALES (Mar 27-Apr 2, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
318 CERVANTES CIR $189,900 2 1 832 CONDO 35
3970 CARMAN DR $250,000 2 2.1 1129 ATTACHD 2
1602 BONNIEBRAE DR $275,000 2 1 864 ATTACHD 7
234 RIDGEWAY RD $289,900 2 1 914 CONDO 11
5056 FOOTHILLS DR #F $350,000 3 2 1252 CONDO 17
3190 DUNCAN DR $439,999 3 2.1 2401 DETACHD 3
2 DEL PRADO ST $550,000 5 4 3287 DETACHD 2
4587 TRILLIUM WOODS $650,000 3 2.1 2211 ATTACHD 2
5533 KENNY ST $700,000 4 3 2900 DETACHD 5
15845 SW Alston WAY $755,000 4 2.1 2682 DETACHD 575
820 BOCA RATAN DR $785,000 4 3.1 2628 DETACHD 263
13 NANSEN SMT $899,900 4 4.1 4625 DETACHD 1340
203 RIDGEWAY RD $949,000 4 3.1 3624 DETACHD 646
18246 BELLA TERRA DR $1,349,900 4 3.1 4196 DETACHD 52
4394 Lords LN $1,350,000 4 3.1 3748 DETACHD

SOLD (Mar 27-Apr 2, 2017)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 OSWEGO SMT $109,899 $90,000 1 1 764 CONDO 45
16250 PACIFIC HWY #43 $229,000 $226,500 2 2 1311 CONDO 189
5333 TREE ST $400,000 $400,000 3 1 1114 DETACHD 3
1180 OXFORD DR $409,900 $450,000 3 3 1760 DETACHD 8
6462 FROST ST $499,000 $490,000 4 2.1 2279 DETACHD 9
17605 HILL WAY $500,000 $510,000 3 2.1 2054 DETACHD 3
4585 TRILLIUM WOODS $575,000 $587,500 3 2.1 2004 ATTACHD 7
17821 SUNDOWN CT $599,000 $590,000 4 2.1 3368 DETACHD 165
4668 HASTINGS PL $649,900 $649,900 3 2.1 2432 DETACHD 3
1276 ROCKINGHORSE LN $679,900 $685,000 5 3 3304 DETACHD 4
4847 HASTINGS DR $699,000 $710,000 4 2.1 2703 DETACHD 4
2055 RIDGE POINTE DR $775,000 $745,000 5 3 3454 DETACHD 236
115 3RD ST – Upper $799,000 $754,400 4 2.1 2453 CONDO 216
18653 PILKINGTON RD $1,100,000 $1,100,000 4 3.1 3260 DETACHD 6
915 CEDAR ST $1,200,000 $1,200,000 4 3.1 3219 DETACHD 327

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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Market Activity March 13-19, 2017

Last week in Lake Oswego there were 17 new listings, 21 properties that went into pending status, and 3 sold/closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (Mar 13-19, 2017)

Address Type Price BR Baths Sq Ft
48 Eagle Crest Dr 5F Condo $224,900 2 2 1370
234 Ridgeway Rd Condo $289,900 2 1 914
5056 Foothills Dr F Condo $350,000 3 2 1252
4418 Thunder Vista Ln Condo $385,000 3 3.5 2040
1121 Devon Ln Detached $550,000 5 3 2968
4680 Upper Dr Detached $575,000 3 2 1656
13876 Provincial Hill Dr Detached $725,000 4 3.5 2798
15845 Alston Way Detached $755,000 4 2.5 2682
2675 Dellwood Dr Detached $775,000 4 3 3128
5332 Lower Dr Detached $795,000 4 2.5 2600
3355 Upper Dr Detached $825,000 4 2 3126
1403 Greentree Circle Detached $829,000 5 4.5 4047
3115 Rosemary Ln Detached $839,900 4 2.5 3220
1100 Tyndall Ct Detached $950,000 3 2.5 3142
1976 Palisades Terrace Dr Detached $1,050,000 4 2.5 3898
12808 Elk Rock Rd Detached $1,100,000 5 3.5 3970
1500 Ridgecrest Dr Detached $1,950,000 5 5 4817

Pending Sales (Mar 13-19, 2017)

Address Type Price BR Baths Sq Ft CDOM
16250 Pacific Hwy #43 Condo $229,000 2 2 1311 189
1658 Greentree Rd Detached $479,000 4 3 2394 3
5717 Langford Ln Detached $487,500 3 3 1800 8
145 Del Prado St Detached $525,000 3 2 2074 3
5966 Frost Ln Detached $550,000 4 2.5 2036 6
17872 Pilkington Rd Detached $559,900 3 2 1610 169
15155 Brook Ct Detached $559,900 4 3 2388 5
1641 Devon Ln Detached $619,000 4 2.5 2013 9
17372 Hunter Ct Detached $629,900 3 2.5 3424 229
37 Churchill Downs Detached $634,000 3 2.5 2410 6
2388 Overlook Dr Detached $650,000 4 3 2765 23
15939 Twin Fir Rd Detached $664,900 3 2 2480 131
1510 Cherry Crest Dr Detached $714,000 6 4 3786 3
3333 Royce Way Detached $729,000 3 2.5 2697 44
4265 Albert Circle Detached $779,000 5 3.5 3022 189
13745 Cameo Ct Detached $895,500 4 3 3380 10
776 Carrera Ln Detached $1,000,000 4 3 3449 25
13052 Knaus Rd Detached $1,299,000 3 3 2292 5
17327 Kelok Rd Detached $1,299,000 3 3 2292 5
17104 Cedar Rd Detached $1,599,000 3 3 3310 263
2600 Glenmorrie Dr Detached $1,695,430 4 3.5 4232 0

Sold/Closed (Mar 13-19, 2017)

Address Type List Price Sold Price Sq Ft CDOM
24 Crestfield Ct Condo $149,900 $165,000 698 19
4092 Coltsfoot Ln Detached $684,750 $684,750 2,405 4
142 Cornell Ct Detached $1,195,000 $930,000 2,918 173

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 ~ Feb Data ~ 2017

The latest numbers for the entire Portland area for February 2017 are in!

I usually give our Property Blotter Readers a glimpse at the whole Portland market and how Lake Oswego fits into it below. Here you go!

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

  • There were 2,521 New Listings in February 2017 which was down 12.9% from February of 2016’s 2,896, but UP 14% from January of 2017’s total of 2,212.
  • At 1,669, February Closed Sales were down 7.9% from February 2016’s 1,813, and also down 9.6% over the previous month/January 2017’s total of  1,847. (So, more sales Closed in January for people who were Pending during the year-end push.)
  • February Pending Sales (accepted offers), at 2,369, fell 15% from February of 2016, but were UP 19% from the previous month/January 2017’s total of 1,990.
  •  The Average Sale Price in February of $404,200 was up $39,300 from February 2016’s $364,900, and down a bit from January 2017’s $409,900.

Average Sale Prices for February & Appreciation (12-month) By Area were:

  • North Portland: $368,700    11.2%
  • NE Portland:  $429,500    12.2%
  • SE Portland: $355,700    10.8%
  • Gresham/Troutdale: $297,000    12.2%
  • Milwaukie/Clackamas: $381,000    11.2%
  • Oregon City/Canby: $403,700    11.7%
  • Lake Oswego/West Linn: $661,500    16.5%
  • W Portland: $527,400    13.8%
  • NW Washington County: $528,500    10.6%
  • Beaverton/Aloha: $336,000    12.5%
  • Tigard/Wilsonville: $429,400    9.7%
  • Hillsboro/Forest Grove: $367,500    14.5%

The combined areas of Lake Oswego and West Linn  for the month of February 2017 reported:

    •  252 Active Listings   
    •  148 New Listings     
    •  124 Pending Sales   
    •  79 Closed Sales  
    • Average Sale Price for February: $661,500  
      • 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.
    • Average Time on the Market: 87 Days   
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Market Activity ~ March 6-12, 2017

Last week saw 19 New properties enter the market in Lake Oswego, 23 move to Pending status, and 16 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 6-12, 2017)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #11 $120,900 1 1 617 CONDO
16725 LAKE FOREST BLVD $414,900 3 2 1392 DETACHD
5717 SW LANGFORD LN $487,500 3 3 1800 DETACHD
3211 ROYCE WAY $499,900 3 2.1 2395 DETACHD
5966 FROST LN $550,000 4 2.1 2036 DETACHD
2401 MAYORS LN $595,000 3 3 3004 DETACHD
15155 BROOK CT $599,900 4 3 2388 DETACHD
1641 DEVON LN $619,000 4 2.1 2013 DETACHD
37 CHURCHILL DOWNS $634,000 3 2.1 2410 DETACHD
46 DA VINCI ST $659,900 4 3 3378 DETACHD
1510 Cherry Crest DR $714,000 6 4 3786 DETACHD
4890 SAGE HEN CIR $750,000 4 2.1 2832 DETACHD
13745 CAMEO CT $895,500 4 3 2844 DETACHD
3623 EENA RD $1,090,000 4 3.1 3429 DETACHD
17327 KELOK RD $1,299,000 3 3 2292 DETACHD
15800 OSWEGO SHORE CT $1,299,900 4 3.1 4047 DETACHD
870 TERRACE DR $1,329,000 5 3.1 4652 DETACHD
17399 CANAL CIR $2,395,000 4 3.1 4442 DETACHD
2180 PRESTWICK RD $3,100,000 3 4.1 4150 DETACHD

PENDING SALES (Mar 6-12, 2017)

Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #48-C $130,000 1 1 696 CONDO 6
64 CERVANTES CIR $179,698 2 1.1 912 CONDO 2
46 CRESTFIELD CT /Upper $189,000 2 1.1 923 CONDO 3
4000 CARMAN DR #60 $200,000 2 2 866 CONDO 2
44 EAGLE CREST DR #11 $210,000 3 2 1085 CONDO 22
4000 CARMAN DRn #A6 $215,000 2 2 866 CONDO 2
5056 FOOTHILLS DR #G $309,000 2 2 1252 CONDO 3
6030 SHAKESPEARE ST $359,900 3 1 1056 DETACHD 5
16514 CARNEGIE AVE $440,000 3 1.1 1182 DETACHD 7
1032 LAUREL ST $535,000 4 2 2426 DETACHD 3
4585 TRILLIUM WOODS $575,000 3 2.1 2004 ATTACHD 7
4286 ORCHARD WAY $580,000 3 2 2106 DETACHD 18
6 DEL PRADO ST $635,000 4 3 3318 DETACHD 3
17351 CANYON DR $699,900 5 3 2944 DETACHD 4
5522 ROYAL OAKS DR $715,000 4 2.1 2770 DETACHD 12
16038 REESE RD $729,900 4 3 3189 DETACHD 5
577 LAUREL ST $779,000 4 3.1 2747 DETACHD 204
205 5TH ST $799,000 4 3 2556 DETACHD 111
13970 TAYLORS CREST LN $869,000 4 2.1 3371 DETACHD 2
15199 LILY BAY CT $878,000 5 3 2696 DETACHD 19
17521 LAKE HAVEN DR $899,900 4 2.1 3080 DETACHD 5
2757 GLEN HAVEN RD $1,590,000 4 3.1 4604 DETACHD 85
757 LAKE SHORE RD $2,895,000 4 3.1 4098 DETACHD 126

SOLD (Mar 6-12, 2017)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4625 LAKEVIEW BLVD/Grnd $129,000 $145,000 1 1 753 CONDO 8
86 KINGSGATE RD #F206 $164,900 $158,500 2 2 840 CONDO 1
326 CERVANTES CIR #13E $189,900 $185,000 2 1 832 CONDO 10
3680 SPRING LN #2B $269,900 $274,700 2 2.1 1152 CONDO 8
5228 BONITA RD $330,000 $290,000 4 2.1 1800 DETACHD 26
16411 INVERURIE RD $350,000 $325,000 2 1 920 DETACHD 1
19377 SYCAMORE AVE $355,000 $357,000 3 1 1008 DETACHD 3
4724 FIRWOOD RD $405,000 $410,000 3 1.1 1240 DETACHD 57
1838 OAK KNOLL CT $649,000 $577,500 4 2.1 2557 DETACHD 102
32 DA VINCI ST $679,000 $595,000 5 3 3460 DETACHD 217
1282 HIDE A WAY LN $775,000 $665,000 5 3 3249 DETACHD 152
57 EAGLE CREST DR $679,900 $685,000 5 2.1 3884 DETACHD 208
849 F AVE $1,199,900 $1,100,000 3 2.1 2674 DETACHD 101
12819 ALTO PARK RD $1,199,900 $1,130,000 4 4.1 4102 DETACHD 130
4331 LORDS LN $1,289,900 $1,340,269 5 4 3812 DETACHD 0
18008 GREENBLUFF DR $2,095,000 $1,650,000 3 3.1 4402 DETACHD 318

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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George Rogers Park

I just came in from a nice long walk along the Willamette River that inspired me to tell you about George Rogers Park.

George Rogers Park is located on South State Street where it intersects with McVey. 26 acres in size, it includes an athletic field, tennis courts, a play ground, river access, and probably most famously, the Iron Furnace. The river front has got a sandy beach and it’s a good spot to fish, put in a canoe, and just generally play in the water.

The Iron Furnace is on the National Register of History Places. Oswego’s history goes back to the day when iron ore was discovered in the hills around Sucker Lake (now Oswego Lake) and the industrialists of early Oregon thought that Lake Oswego would become the Pittsburg of the West. It actually was a very significant part of Oregon history. Prior to 1867, the iron used anywhere on the West Coast, including San Francisco, Seattle, and Los Angeles, had to be brought around the horn of South America from the East Coast. The Iron Furnace in Lake Oswego changed that. And when you see iron work on old buildings in downtown Portland, you are likely looking at iron that was smelted in Lake Oswego.

George Rogers Park carries this theme artistically through the arbors, stone work, and even the shape of the grills on the fire rings.

It’s a lovely park. It has picnic areas that are covered and can be reserved for parties and special events.

I like to park may car there and walk South across Oswego creek and onto the paved path that winds through a gorgeous waterside forest and out onto River Rd. It goes all the way into West Linn. It’s mostly flat and has very little traffic. On a nice sunny day it’s pretty busy with bikes, runners, and walkers. I
highly recommend it.

One of the strangest houses in Lake Oswego can be seen along this path. I am going to tell you the story as it was told to me, by a contractor who worked on the house when it was being built. The house sits on a concrete piling that I believe was part of either the iron ore manufacturing or perhaps the cement manufacturing that happened slightly North of the spot in about the 1950’s. Somehow the piling was aquired by a private party who decided to build a house on it. The house was about 75% built when the owner ran out of money and it was abandoned. To my knowledge it has never been lived in. The glass windows and bridge access that I remember from when I first saw it are long gone. Now it almost looks haunted. I’m sure many walkers wonder what they are looking at when they see it today. So now you know.

We may not yet be having hot sunny days, but we are having beautiful winter-almost-spring-days like the one that we have had today. Get out and enjoy it!
Dianne