As we celebrate Independence Day, and give thanks for all of the things we love about living in a free society and our beloved community, Dianne and I wish each of you a very happy day with friends and family. Thank you for being here at the Property Blotter with us. May your real estate dreams (and the rest of them!) come true~
Market Activity June 18-24, 2018
Sure seems like time is flying! We are already at the end of June and 4th of July is next week. If you are considering a move this summer so that you are settled in time for the start of school at the end of summer, there is still time to make that happen. And if you are thinking of settling here in LO, you’ve got some great houses to choose from. Last week in LO we had 23 new listing come on the market. We also had 19 houses go into pending status and 22 closed/sold sales.
Following is the breakdown for you according to RMLS:
New on the Market (June 18-24, 2018)
Address | Type | Price | BR | Baths | Sq Ft |
4 Touchstone #122 | Condo | $186,000 | 2 | 2 | 984 |
237 Cervantes | Condo | $229,500 | 2 | 1.5 | 1216 |
149 Oswego Summit | Condo | $234,000 | 2 | 2 | 1212 |
452 S State St | Condo | $294,900 | 3 | 1 | 1659 |
17839 Tamara Ave | Detached | $445,000 | 3 | 1.5 | 1562 |
15008 Twin Fir Rd | Detached | $494,900 | 7 | 2.5+.5+.5+.5 | 3532 |
18820 SW 65th Ave | Detached | $499,900 | 3 | 2.5 | 2268 |
1039 Spruce St | Detached | $549,900 | 3 | 1.5 | 1486 |
5475 Willow Ct | Attached | $599,000 | 3 | 2.5 | 2438 |
1179 Larch St | Detached | $609,900 | 3 | 2 | 3206 |
4639 Black Forest Ct | Detached | $665,000 | 4 | 2.5 | 2197 |
15 Del Prado St | Detached | $725,000 | 4 | 2.5 | 2185 |
1731 Woodland Terrace | Detached | $745,000 | 4 | 2.5 | 2714 |
3015 Wembley Park Rd | Detached | $799,000 | 3 | 1 | 2146 |
927 Oak St | Detached | $895,000 | 5 | 3.5 | 2864 |
2013 Ridgewood Rd | Detached | $901,000 | 4 | 2.5 | 3181 |
15776 Inverurie Rd | Detached | $999,000 | 3 | 2 | 2350 |
4750 Upper Dr | Detached | $1,289,900 | 5 | 3.5 | 3091 |
5450 Childs Rd | Detached | $1,700,000 | 5 | 3.5 | 4114 |
5450 Childs Rd Lot 2 | Detached | $1,800,000 | 4 | 3.5 | 3896 |
260 Iron Mountain Blvd | Detached | $2,498,000 | 4 | 4.5+.5 | 6048 |
2896 Lakeview Blvd | Detached | $2,890,000 | 5 | 4.5 | 4244 |
Pending Sales (June 18-24, 2018)
Address | Type | Price | BR | Baths | Sq Ft | CDOM |
100 Kerr Pkwy #51 | Condo | $165,000 | 1 | 1 | 620 | 37 |
153 Oswego Summit | Condo | $215,000 | 2 | 2 | 1383 | 57 |
3433 McNary Pkwy #501 | Condo | $225,000 | 2 | 2 | 1136 | 8 |
8 Bernini Ct | Detached | $485,000 | 3 | 2 | 1465 | 7 |
4 Adams Ct | Detached | $497,000 | 4 | 2.5 | 2287 | 12 |
14332 Sherbrook Pl | Detached | $514,900 | 3 | 2.5 | 1770 | 35 |
1842 Kilkenny Dr | Detached | $525,000 | 3 | 2 | 1988 | 13 |
45 Aquinas St | Detached | $699,900 | 4 | 2.5 | 2981 | 32 |
14636 Doris Ave | Detached | $725,000 | 3 | 2 | 2451 | 2 |
14322 Edenberry Dr | Detached | $799,900 | 4 | 2.5 | 2806 | 9 |
154 Berwick Rd | Detached | $839,000 | 5 | 3.5 | 3020 | 5 |
17960 Meadowlark Ln | Detached | $899,000 | 4 | 3.5 | 3400 | 34 |
4090 Westbay Rd | Detached | $924,950 | 3 | 2 | 2078 | 1 |
16101 Parelius Circle | Detached | $995,000 | 4 | 3 | 3974 | 235 |
4749 Upper Dr | Detached | $1,179,000 | 4 | 2.5 | 3285 | 171 |
13707 Fielding Rd | Detached | $1,195,000 | 4 | 3 | 3337 | 30 |
18493 Ray Ridge Dr | Detached | $1,200,000 | 4 | 3.5+.5+.5 | 4367 | 43 |
811 Northshore Rd | Detached | $1,750,000 | 5 | 4 | 4948 | 2 |
1810 Northsore Rd | Detached | $1,850,000 | 5 | 3 | 3553 | 22 |
Sold/Closed (June 18-24, 2018)
Address | Type | List Price | Sold Price | Sq FT | CDOM |
322 Cervantes Circle | Condo | $190,000 | $190,000 | 832 | 8 |
44 Eagle Crest Dr #29 | Condo | $194,500 | $194,500 | 798 | 5 |
3672 Spring Ln 4A | Condo | $329,900 | $335,000 | 1117 | 7 |
18543 Don Lee Way | Detached | $400,000 | $405,000 | 1099 | 7 |
110 Kingsgate Rd | Detached | $424,900 | $412,500 | 1669 | 68 |
5465 Childs Rd | Detached | $450,000 | $425,000 | 1487 | 40 |
4 Summit Ridge Ct | Attached | $440,000 | $440,000 | 1576 | 14 |
4144 Sunset Dr | Detached | $579,000 | $580,000 | 2462 | 5 |
4690 Auburn Ln | Attached | $657,900 | $640,000 | 2750 | 98 |
13104 Rogers Rd | Detached | $699,900 | $682,230 | 2646 | 1 |
720 Maple St | Detached | $699,000 | $685,000 | 3966 | 56 |
577 2nd St | Condo | $750,000 | $750,000 | 1349 | 0 |
1128 Lake Shore Rd | Detached | $799,000 | $799,000 | 1397 | 22 |
17503 Cherry Ct | Detached | $945,000 | $900,000 | 4267 | 71 |
940 Cumberland Rd | Detached | $895,000 | $905,000 | 2992 | 3 |
9.5 Hillshire Dr | Detached | $949,950 | $950,000 | 3735 | 2 |
14053 Amberwood Circle | Detached | $975,000 | $980,000 | 3126 | 4 |
3940 Canal Rd | Detached | $1,050,000 | $985,000 | 3838 | 69 |
144 Leonard St | Detached | $1,095,000 | $990,000 | 3363 | 26 |
13597 Rogers Rd | Detached | $1,149,000 | $1,050,000 | 3945 | 276 |
2057 Summit Dr | Detached | $1,195,000 | $1,195,000 | 4694 | 105 |
1515 Glenmorrie Dr | Detached | $1,532,500 | $1,532,500 | 4312 | 0 |
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.
News & Notes ~ May 2018
Happy Summertime!
Here is your look at the most recent data for the entire Portland area (May) and how Lake Oswego fits in to this picture just below:
- According to the RMLS Market Action Report for the Portland Metro Area, May, 2018:
- There were 4,665 New Listings in May 2018 which was up 6.3% from May of 2017’s 4,388, and up 16.9% from the previous month/April of 2018’s total of 3,990. ***This was the strongest may for New Listings since 2008 when the number was 5,182.
- At 2,803, May Closed Sales fell 3.2% from May 2017’s 2,896, and/but were up 11.1% from the previous month/April 2018’s total of 2,523.
- May’s Pending Sales (accepted offers), at 3,201 dropped 6.8% from May of 2017’s 3,435, but were up 6.4% from the previous month/April 2018’s total of 3,008
- The Average Sale Price in May of $460,700 was up $20,500 from May 2017’s $440,200, and also up from April 2018’s $452,000 by $8,700.
Neighborhoods: May’s Average Sale Price + 12-month Appreciation :
- North Portland: $418,700 5.7% (Apr 428,500)
- NE Portland: $504,700 7.0% (Apr 491,000 )
- SE Portland: $404,900 7.3% (Apr 422,400)
- Gresham/Troutdale: $346,000 10.9% (Apr 348,400)
- Milwaukie/Clackamas: $427,900 8.3% (Apr 430,200 )
- Oregon City/Canby: $435,800 7.4% (Apr 419,300)
- Lake Oswego/West Linn:$718,200 7.5% (Apr 630,500)
- West Portland: $603,300 1.2% (Apr 598,800)
- NW Wash County: $564,500 5.0% (Apr 525,700)
- Beaverton/Aloha: $388,700 8.9% (Apr 394,600)
- Tigard/Wilsonville: $471,700 8.8% (Apr 491,900)
- Hillsboro/Forest Grove: $397,400 8.4% (Apr 389,700)
LAKE OSWEGO:
The combined areas of Lake Oswego and West Linn for the month of May 2018 reported:
-
- 341 Active Listings (Apr 341)
- 261 New Listings (Apr 261)
- 192 Pending Sales (Apr 192)
- 154 Closed Sales (Apr 154)
- Average Sale Price for May: $718,200 (Apr 630,500)
- 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.
- 63 Average Days on the Market (Apr 63)
Market Activity ~ June 11-17, 2018
Last week 21 New properties entered the market in Lake Oswego, 23 moved to Pending status, and 26 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (June 11-17, 2018)
Address | List Price | # Bedrs | # Baths | Total SF | Prop Type |
47 EAGLE CREST DR #21 | $199,000 | 2 | 1 | 932 | CONDO |
39 OSWEGO SMT / Grnd | $225,000 | 2 | 2 | 1212 | CONDO |
12 OSWEGO SMT | $249,000 | 2 | 2 | 1140 | CONDO |
4000 CARMAN DR #C49 | $349,500 | 2 | 1.1 | 1004 | CONDO |
6321 ALYSSA TER | $379,000 | 3 | 2.1 | 1546 | TOWNHSE |
34 WHEATHERSTONE #17 | $410,000 | 3 | 2.1 | 1692 | CONDO |
1731 ASPEN CT | $419,500 | 3 | 2 | 1440 | DETACHD |
49 TANGLEWOOD DR | $595,000 | 4 | 0.3 | 2491 | DETACHD |
1878 SOUTHSHORE BLVD | $595,000 | 4 | 2.1 | 2594 | DETACHD |
5117 GREENSBOROUGH CT | $650,000 | 3 | 2.1 | 1560 | DETACHD |
17036 CRESTVIEW DR | $675,000 | 4 | 3 | 2768 | DETACHD |
15368 WALUGA DR | $675,000 | 3 | 2 | 1876 | DETACHD |
19233 INDIAN SPRINGS RD | $745,000 | 4 | 4.1 | 3485 | DETACHD |
18028 GIMLEY CT | $774,900 | 4 | 2.1 | 3454 | DETACHD |
14322 EDENBERRY DR | $799,990 | 4 | 2.1 | 2806 | DETACHD |
17144 WARREN CT | $850,000 | 4 | 2.1 | 2778 | DETACHD |
5726 CHARLES CIR | $869,500 | 4 | 3.1 | 3196 | DETACHD |
17600 UPPER CHERRY LN | $1,168,000 | 4 | 3.1 | 3900 | DETACHD |
17661 WOODHURST PL | $1,170,000 | 4 | 3.5 | 4840 | DETACHD |
140 BERWICK RD | $1,295,000 | 4 | 2.1 | 3114 | DETACHD |
13047 KNAUS RD | $1,295,000 | 4 | 3.2 | 4176 | DETACHD |
PENDING SALES (June 11-17, 2018)
Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
4615 LAKEVIEW BLVD / Grnd | $199,900 | 1 | 1 | 753 | CONDO | 31 |
26 CERVANTES CIR / Grnd | $215,000 | 2 | 1.1 | 912 | CONDO | 25 |
572 S STATE ST / Uppeer | $250,000 | 2 | 1 | 914 | CONDO | 6 |
48 EAGLE CREST DR #1C | $285,000 | 2 | 2 | 1370 | CONDO | 25 |
28 NORTHVIEW CT | $500,000 | 3 | 3 | 2092 | ATTACHD | 63 |
10 CHURCHILL DOWNS | $520,000 | 4 | 3 | 2080 | DETACHD | 36 |
15115 TWIN FIR RD | $549,000 | 3 | 2 | 1400 | DETACHD | 5 |
14273 AMBERWOOD CIR | $549,000 | 3 | 2.1 | 2350 | DETACHD | 4 |
19350 MARLIN AVE | $549,000 | 4 | 2 | 1820 | DETACHD | 56 |
1129 CHERRY LN | $579,950 | 3 | 2.1 | 2196 | DETACHD | 5 |
18679 INDIAN CREEK DR | $600,000 | 4 | 2.1 | 2276 | DETACHD | 48 |
4220 ALBERT CIR | $615,000 | 4 | 3 | 2405 | DETACHD | 20 |
2660 LOOKOUT CT | $624,500 | 3 | 3 | 2565 | DETACHD | 43 |
17226 TUALATIN ST | $649,000 | 4 | 2.1 | 1984 | DETACHD | 16 |
6072 CLAIRMONT CT | $700,000 | 4 | 3 | 2653 | DETACHD | 45 |
630 9TH ST | $849,000 | 4 | 3 | 2576 | DETACHD | 19 |
3144 GLENMORRIE DR | $880,000 | 3 | 2.1 | 2582 | DETACHD | 162 |
5416 SOUTHWOOD DR | $899,000 | 4 | 2.1 | 3340 | DETACHD | 3 |
2949 WESTVIEW CIR | $989,900 | 4 | 3 | 3326 | DETACHD | 3 |
19626 PERCH CT | $1,099,000 | 4 | 2.1 | 3494 | DETACHD | 4 |
441 8TH ST | $1,179,900 | 4 | 3 | 2748 | DETACHD | 169 |
13348 LESLIE CT | $1,200,000 | 4 | 2.1 | 3863 | DETACHD | 1 |
936 EVERGREEN RD | $1,975,000 | 3 | 2.1 | 3772 | DETACHD | 6 |
SOLD (June 11-17, 2018)
Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
4 TOUCHSTONE | $239,000 | $231,500 | 3 | 4.1 | 1351 | CONDO | 27 |
750 1ST ST | $297,000 | $305,000 | 2 | 2 | 1350 | CONDO | 5 |
3986 CARMAN DR | $317,500 | $325,000 | 2 | 2.1 | 1107 | CONDO | 55 |
4442 THUNDER VISTA LN | $335,000 | $332,000 | 2 | 2.1 | 1829 | CONDO | 29 |
1857 BOCA RATAN DR | $388,000 | $388,000 | 3 | 2 | 1611 | TOWNHSE | 3 |
99 KINGSGATE RD | $449,950 | $425,000 | 2 | 2 | 1224 | DETACHD | 23 |
18963 LONGFELLOW AVE | $449,750 | $449,750 | 3 | 1.1 | 1239 | DETACHD | 228 |
15370 QUARRY RD | $489,900 | $480,900 | 3 | 1.1 | 1540 | DETACHD | 7 |
106 KINGSGATE RD | $489,900 | $500,000 | 3 | 2.1 | 1669 | DETACHD | 5 |
1605 MEADOWS DR | $570,000 | $575,000 | 3 | 2 | 2186 | DETACHD | 7 |
1483 WOODLAND TER | $769,900 | $575,100 | 4 | 2.1 | 2861 | DETACHD | 147 |
1991 GREENTREE RD | $625,000 | $611,500 | 4 | 3 | 2655 | DETACHD | 89 |
377 LIVINGOOD LN | $624,000 | $629,000 | 3 | 2.1 | 2409 | DETACHD | 2 |
2814 VALE CT | $700,000 | $685,000 | 4 | 3 | 3192 | DETACHD | 21 |
97 GARIBALDI ST | $749,000 | $800,000 | 3 | 2.1 | 3559 | DETACHD | 4 |
9 BUCKINGHAM TER | $798,000 | $843,000 | 4 | 3 | 2766 | DETACHD | 5 |
14041 EDENBERRY CT | $775,000 | $860,000 | 4 | 2.1 | 3077 | DETACHD | 8 |
19158 MEGAN PL | $900,000 | $880,000 | 4 | 3.1 | 4910 | DETACHD | 50 |
5566 LUCE LN | $990,000 | $950,000 | 5 | 3 | 3088 | DETACHD | 39 |
1299 COUNTRY CMNS | $1,229,000 | $1,150,000 | 4 | 4.1 | 3710 | DETACHD | 13 |
888 FAIRWAY RD | $1,360,000 | $1,210,000 | 4 | 2.2 | 5788 | DETACHD | 192 |
13615 WESTLAKE DR | $1,350,000 | $1,275,000 | 4 | 4.1 | 4050 | DETACHD | 130 |
18040 SKYLAND CIR | $1,345,000 | $1,345,000 | 4 | 2.2 | 4140 | DETACHD | 2 |
3914 EDENS EDGE DR | $1,548,000 | $1,548,000 | 5 | 5.2 | 6635 | DETACHD | 11 |
1655 LESLIE LN | $1,725,000 | $1,665,000 | 4 | 3.1 | 4805 | DETACHD | 341 |
1500 RIDGECREST DR | $1,797,000 | $1,675,000 | 5 | 5 | 4817 | DETACHD | 307 |
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.
Featured Property: 19 Juarez St
This is just a stunning house. I am super excited to be representing it’s owners as it is sold. Full disclosure, the house received an accepted offer the day it was put up for sale. I think this speaks to two things. First, contemporary homes are super popular right now. I’ve been in this business long enough to remember a time when traditional homes was what was hot and the contemporaries were slow to sell. That is not the case in 2018. Contemporary homes
are hot, hot, hot. Second, it pays to take good care of your property. The owners of this house have really enjoyed it and done improvements over the entire time that they have owned it and it shows.
The house is in Lake Oswego but just across the county line into Multnomah County. It is part of the Mountain Park Home Owner’s Association. This means it has access to the wonderful rec facility with swimming, weightroom, basketball, a big reception room, and 15 miles of walking paths.
It was built in 1982 and has 3584 square feet with 3 bedrooms, 2 bonus rooms, a living room, and a family room. It’s a 2 car garage. There are valley views to the South and 6 big decks take advantage of those views. The asking price was $739,900. We are in escrow and going through the home inspection process. I am confident of the solidness of the current buyer, but I am also keeping a list of people who want to be contacted if it comes back onto the market. Please let me know if you want to be added to that list.
Enjoy the weekend!
Dianne
Market Activity – June 4-10, 2018
With school officially out, the swim park has opened and LO is blooming and beautiful. What a wonderful time of year! It’s also the perfect time to buy or sell a home. Our activity has remained strong with 20 new listings in Lake Oswego last week, 29 houses moved into pending status, and 26 properties became closed sales.
Following is the breakdown for you according to RMLS:
New on the Market (June 4-10, 2018)
Address | Type | Price | BR | Baths | Sq Ft |
572 S State St | Condo | $250,000 | 2 | 1 | 914 |
`5210 Boones Way | Condo | $329,900 | 2 | 2 | 1124 |
18821 Longfellow Ave | Detached | $389,000 | 3 | 1 | 946 |
5540 McEwan Rd | Detached | $509,000 | 3 | 3 | 1898 |
1842 Kilkenny Dr | Detached | $525,000 | 3 | 2 | 1988 |
15115 Twin Fir Rd | Detached | $549,000 | 3 | 2 | 1400 |
1129 Cherry Ln | Detached | $579,950 | 3 | 2.5 | 2196 |
870 Lake Forest Dr | Detached | $649,900 | 3 | 2 | 1971 |
5937 Bay Point Dr | Detached | $799,900 | 4 | 2.5 | 3402 |
4133 Glacier Lily St | Detached | $825,000 | 4 | 3.5 | 3910 |
17454 Canal Circle | Detached | $849,000 | 3 | 2.5 | 2472 |
2949 Westview Circle | Detached | $989,900 | 4 | 3 | 3326 |
19626 Perch Ct | Detached | $1,099,000 | 4 | 2.5 | 3494 |
2212 Glenmorrie Ln | Detached | $1,150,000 | 5 | 2.5 | 3722 |
17494 Lake Haven Dr | Detached | $1,400,000 | 2 | 2 | 2121 |
1460 Skyland Dr | Detached | $1,795,000 | 4 | 4.5 | 4760 |
13910 Stampher Rd | Detached | $1,950,000 | 4 | 3.5 | 4488 |
936 Evergreen Rd | Detached | $1,975,000 | 3 | 2.5 | 3772 |
3434 Lakeview Blvd | Detached | $6,988,000 | 5 | 5.5 | 7102 |
1226 Northshore Rd | Detached | $8,500,000 | 4 | 5.5 | 5544 |
Pending Sales (June 4-10, 2018)
Address | Type | Price | BR | Baths | Sq Ft | CDOM |
21 Oswego Summit | Condo | $170,000 | 1 | 11 | 764 | 46 |
86 Kingsgate Rd E202 | Condo | $239,900 | 2 | 2 | 924 | 3 |
5225 Jean Rd #107 | Condo | $279,900 | 2 | 2 | 1200 | 18 |
5055 Foothills Dr B | Condo | $339,000 | 3 | 2 | 1252 | 252 |
1120 Boca Ratan Dr | Attached | $360,000 | 3 | 2 | 1611 | 6 |
16 Greenridge Ct | Townhouse | $395,000 | 2 | 2.5 | 2019 | 32 |
9 Oriole Ln | Detached | $425,000 | 3 | 3 | 1928 | 76 |
84 Greenridge Ct | Attached | $430,000 | 4 | 2.5 | 2868 | 158 |
55 Northshore Rd #9 | Condo | $450,000 | 2 | 1.5 | 2025 | 357 |
16053 Lake Forest Blvd | Detached | $489,900 | 4 | 2 | 2100 | 174 |
1581 Woodland Terrace | Detached | $549,000 | 3 | 2.5 | 2072 | 26 |
3585 Lake Grove Ave | Detached | $550,000 | 4 | 2 | 1575 | 1 |
5582 Yorkshire Pl | Detached | $589,900 | 3 | 3 | 22302 | 4 |
328 4th St | Townhouse | $624,900 | 2 | 2.5 | 1731 | 17 |
1422 Ash St | Detached | $649,000 | 4 | 3 | 2997 | 327 |
17976 Cardinal Dr | Detached | $665,000 | 4 | 2.5 | 2936 | 6 |
412 Livingood Ln | Detached | $674,875 | 5 | 2.5 | 3928 | 39 |
19 Juarez St | Detached | $739,900 | 3 | 2.5 | 3584 | 1 |
12814 Sierra Vista Dr | Detached | $750,000 | 4 | 3.5 | 3050 | 2 |
3240 Westview Ct | Detached | $875,000 | 4 | 3.5 | 3121 | 46 |
16470 Phantom Bluff | Detached | $899,900 | 5 | 3 | 2783 | 108 |
5047 Woodcrest Ln | Detached | $925,000 | 4 | 3.5 | 3713 | 12 |
4190 Chad Dr | Detached | $925,000 | 4 | 3.5 | 3818 | 40 |
4145 Chad Dr | Detached | $929,900 | 4 | 2.5 | 3337 | 20 |
950 Oak Terrace | Detached | $1,150,000 | 4 | 2.5 | 3787 | 7 |
3155 Upper Dr | Detached | $1,175,000 | 4 | 3 | 3016 | 39 |
3820 Southshore Blvd | Detached | $1,189,000 | 5 | 4 | 4855 | 3 |
15495 Village Dr | Detached | $1,545,000 | 5 | 4.5 | 5401 | 24 |
13364 Atwater Ln | Detached | $1,695,000 | 5 | 6.5 | 5841 | 34 |
Sold/Closed (June 4-10, 2018)
Address | Type | List Price | Sold Price | Sq Ft | CDOM |
96 Galen St | Condo | $149,500 | $156,000 | 552 | 3 |
330 Cervantes Circle | Condo | $190,000 | $190,000 | 832 | 45 |
16250 Pacific Hwy #82 | Condo | $205,000 | $205,000 | 841 | 8 |
67 Oswego Summit | Condo | $225,000 | $228,000 | 1212 | 24 |
156 Kingsgate Rd | Detached | $379,900 | $367,200 | 2020 | 140 |
1620 Fernwood Dr | Detached | $450,000 | $4,450,000 | 1612 | 151 |
14328 Holly Springs Rd | Detached | $529,000 | $510,000 | 1939 | 24 |
13850 Verte Ct | Detached | $525,000 | $526,000 | 1942 | 5 |
5871 Bonita Rd | Detached | $550,000 | $539,000 | 2406 | 9 |
57 Touchstone | Detached | $620,000 | $620,000 | 2465 | 0 |
17 Scarborough Dr | Detached | $680,000 | $680,000 | 3290 | 2 |
5524 Washington Ct | Detached | $749,900 | $760,000 | 2672 | 87 |
820 Boca Ratan Dr | Detached | $760,000 | $770,000 | 2628 | 1 |
808 Timberline Dr | Detached | $799,000 | $775,000 | 3276 | 81 |
1510 Fernwood Dr | Detached | $789,900 | $790,000 | 3291 | 13 |
2484 Marylshire Ln | Detached | $799,000 | $819,000 | 4168 | 30 |
19507 35th Ct | Detached | $849,000 | $837,000 | 3590 | 8 |
858 10th St | Detached | $800,000 | $850,000 | 2332 | 5 |
18360 Delenka Ln | Detached | $899,900 | $889,000 | 4349 | 2 |
13020 Knaus Rd | Detached | $949,000 | $950,000 | 2545 | 2 |
4731 Upper Dr | Detached | $1,185,000 | $1,120,000 | 3208 | 134 |
17492 Redfern Ave | Detached | $1,099,900 | $1,158,000 | 2828 | 6 |
17224 Greentree Ave | Detached | $1,279,900 | $1,275,000 | 3545 | 27 |
17442 Ridgeview Ln | Detached | $1,475,000 | $1,382,000 | 5063 | 71 |
4262 Upper Dr | Detached | $1,590,000 | $1,560,000 | 4096 | 38 |
17399 Canal Circle | Detached | $2,349,000 | $2,175,000 | ||
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.
This Week in Lake Oswego
Well, Summertime is upon us & there are loads of activities to choose from in Lake Oswego! Here are my picks for things happening this week! (I stayed away from meetings and focused on mostly family fun : )
Mon, June 11th 2018– 9:15am – LO Walkers! -Explore Tryon Creek, Foothills, Willamette Park & more! (Mon/Wed/Sat) CLICK HERE
Tue, June 12th, 2018 – 7:00pm – 8:00pm – Thor Spyros who studied photography with Ansel Adams will share stories from his lifetime with “My Life, My Adventure” – Lake Oswego Library CLICK HERE
Wed, June 13th, 2018 1:00pm – 2:00pm – Performing Arts/Ronnie Robbins – Brooklyn-born guitarist and singer-songwriter Ronnie Robins will present a concert of Bossa Nova, Samba and MPB, as well as some of his original songs at the Lake Oswego Library! CLICK HERE
Thu, June 14th, 2018 – 9:30am – 12:30pm – Creative Hands – Join this group of volunteers who handcraft projects with donated materials which are made into useful items and then donated to various non-profit associations- Contact the ACC at 503-635-3758 for more information. CLICK HERE
Fri, June 15th, 2018 10:30am – 11:00am (every Friday/Birth-12 months ; )- Baby Storytime– Lake Oswego Library CLICK HERE
Market Activity ~ May 29-June 3, 2018
Last week 19 New properties entered the market in Lake Oswego, 14 moved to Pending status, and 29 were “Closed”/Sold.
Following is the breakdown for you according to RMLS:
NEW on Mkt (May 29-June 3, 2018)
Address | List Price | # Beds | # Baths | Total SF | Prop Type |
1120 BOCA RATAN DR | $360,000 | 3 | 2 | 1611 | ATTACHD |
4308 BOTTICELLI ST | $424,950 | 3 | 3.1 | 2098 | TOWNHSE |
668 MCVEY AVE #12 | $435,000 | 3 | 1.1 | 992 | CONDO |
31 PARTRIDGE LN | $610,000 | 4 | 3 | 3125 | DETACHD |
17310 CANYON DR | $649,000 | 5 | 3 | 2716 | DETACHD |
17976 CARDINAL DR | $665,000 | 4 | 2.1 | 2936 | DETACHD |
5687 LA MESA CT | $704,999 | 4 | 3 | 2458 | DETACHD |
17640 TREE TOP WAY | $739,000 | 4 | 3 | 2718 | DETACHD |
17965 LAKE HAVEN DR | $749,000 | 4 | 3.1 | 2764 | DETACHD |
5027 ROSEWOOD ST | $874,950 | 4 | 3.1 | 3188 | DETACHD |
5853 SOUTHWOOD DR | $875,000 | 5 | 2.1 | 3707 | DETACHD |
30 HILLSHIRE DR | $949,950 | 4 | 2.1 | 3725 | DETACHD |
950 OAK TER | $1,150,000 | 4 | 2.1 | 3787 | DETACHD |
125 MIDDLECREST RD | $1,479,000 | 4 | 3.1 | 3242 | DETACHD |
19376 RIVERWOOD LN | $1,600,000 | 4 | 3.1 | 4762 | DETACHD |
1099 TERRACE DR | $1,799,950 | 5 | 4.1 | 4965 | DETACHD |
1810 NORTHSHORE RD | $1,850,000 | 5 | 3 | 3553 | DETACHD |
1101 FOREST MEADOWS WAY | $2,295,000 | 4 | 3.1 | 5001 | DETACHD |
320 CHANDLER PL | $2,895,000 | 5 | 3.1 | 4675 | DETACHD |
PENDING SALES (May 29-June 3, 2018)
Address | List Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
86 KINGSGATE RD G101 | $219,000 | 2 | 2 | 840 | CONDO | 6 |
48 EAGLE CREST DR #4E | $299,000 | 2 | 2 | 1489 | CONDO | 48 |
1381 BONNIEBRAE DR | $305,000 | 3 | 1.1 | 1303 | TOWNHSE | 3 |
8 BRITTEN CT | $389,900 | 2 | 2 | 1175 | ATTACHD | 36 |
6123 FROST LN | $510,000 | 3 | 2.1 | 2214 | DETACHD | 0 |
5153 JEAN RD | $570,000 | 8 | 3 | 2400 | DETACHD | 15 |
18 JUAREZ ST | $595,000 | 3 | 2.1 | 2521 | DETACHD | 10 |
4746 AMHERST CT | $599,000 | 3 | 2.1 | 2985 | ATTACHD | 310 |
75 TOUCHSTONE | $685,000 | 4 | 2.1 | 2373 | DETACHD | 49 |
5747 VICTORIA CT | $694,000 | 4 | 2.1 | 2432 | DETACHD | 28 |
18462 ANDUIN TER | $699,000 | 4 | 2.1 | 2982 | DETACHD | 109 |
17986 SAINT CLAIR DR | $699,500 | 4 | 3 | 2750 | DETACHD | 19 |
630 9TH ST | $849,000 | 4 | 3 | 2576 | DETACHD | 5 |
4635 DOGWOOD DR | $895,000 | 3 | 3 | 4584 | DETACHD | 612 |
SOLD (May 29-June 3, 2018)
Address | Opening Price | Closed Price | # Beds | # Baths | Total SF | Prop Type | CDOM |
354 CERVANTES CIR #1C | $205,000 | $198,500 | 2 | 1.1 | 912 | CONDO | 18 |
4000 CARMAN DR #A7 | $214,900 | $214,900 | 2 | 2 | 866 | CONDO | 6 |
200 BURNHAM RD #203 | $222,000 | $220,000 | 2 | 1 | 1160 | CONDO | 18 |
805 MAPLE ST | $419,900 | $447,000 | 3 | 2 | 2344 | DETACHD | 3 |
1137 SPRUCE ST | $479,900 | $484,900 | 3 | 2 | 1214 | DETACHD | 3 |
668 MCVEY AVE / Grnd | $500,000 | $500,000 | 3 | 1.1 | 992 | CONDO | 27 |
17132 REBECCA LN | $505,505 | $505,505 | 3 | 2.1 | 1763 | DETACHD | 7 |
4391 UPPER DR | $549,000 | $510,000 | 4 | 2.1 | 1740 | DETACHD | 22 |
5071 W SUNSET DR | $529,900 | $515,000 | 2 | 2.1 | 1734 | TOWNHSE | 34 |
4555 WILDWOOD ST | $499,000 | $527,600 | 3 | 2 | 1565 | DETACHD | 6 |
17288 TUALATIN ST | $598,800 | $621,000 | 3 | 2.1 | 1820 | DETACHD | 3 |
14145 REDWOOD CT | $675,000 | $642,000 | 4 | 3 | 2558 | DETACHD | 71 |
4 BERNINI CT | $665,000 | $665,000 | 4 | 3 | 3028 | DETACHD | 10 |
4051 VIRGINIA WAY | $679,333 | $703,333 | 3 | 2 | 1750 | DETACHD | 2 |
1235 ANDREWS RD | $775,000 | $776,500 | 3 | 2 | 2506 | DETACHD | 3 |
19240 BRYANT RD | $799,000 | $805,000 | 4 | 3 | 3452 | DETACHD | 3 |
754 OAK MEADOW CT | $839,900 | $851,000 | 4 | 2.1 | 3283 | DETACHD | 4 |
13864 AMBERWOOD CIR | $900,000 | $892,500 | 4 | 2.1 | 3115 | DETACHD | 4 |
2715 GLEN EAGLES RD | $950,000 | $900,000 | 4 | 2 | 2500 | DETACHD | 130 |
64 BERWICK RD | $949,000 | $915,000 | 4 | 3.1 | 3740 | DETACHD | 23 |
18151 WESTVIEW DR | $895,000 | $925,000 | 5 | 3.1 | 3827 | DETACHD | 3 |
4305 UPPER DR | $950,000 | $940,000 | 5 | 2.1 | 3483 | DETACHD | 191 |
13507 STREAMSIDE DR | $999,000 | $1,004,000 | 4 | 3.1 | 3716 | DETACHD | 2 |
2643 RIVENDELL RD | $1,100,000 | $1,020,000 | 5 | 3.1 | 3466 | DETACHD | 47 |
1619 BAY VIEW LN | $1,224,000 | $1,060,000 | 5 | 3.1 | 4922 | DETACHD | 237 |
4643 FIRWOOD RD | $1,099,000 | $1,075,000 | 3 | 2.1 | 2790 | DETACHD | 25 |
16206 REESE RD | $1,449,900 | $1,433,250 | 4 | 3.1 | 3631 | DETACHD | 0 |
15567 VILLAGE DR | $1,695,000 | $1,680,000 | 5 | 4 | 4934 | DETACHD | 2 |
16828 ALDER CIR | $1,795,000 | $1,738,030 | 3 | 3 | 2363 | DETACHD | 99 |
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.
Be Careful When Wiring Funds
One of the urgent issues that has developed in real estate, and in pretty much any area where large amounts of money are being transferred via wire, is wire fraud. We are all learning to be defensive in what we open that comes into our email in boxes. Never open a link from someone you don’t know, that sort of thing. But the wire fraud scam is very clever. Here is how it works. Thieves hack into email accounts and look for activity that could be a good target. Things like emails from Realtors and Title Companies. They then do an outstanding job of duplicating the official look of the people involved and they watch and wait for when it looks like the sale is coming to the point of money exchanging hands. Then they strike by sending out an official-looking email that tells the recipient to wire their funds needed to close to an account that they have set up. Being a good party to the transaction, the victim wires the requested funds. Boom. They’ve just been ripped off.
The biggest victim I’ve heard of using this technique was Southern Oregon State University. In the course of building a new building on campus they fell victim to someone claiming to be a contractor who needed to be paid. The loss was over a million dollars.
So beware. Realtors and Title companies know this is going on and are taking strong measures to protect clients. I personally have set up a double layer password system that requires a code sent to my cell phone to access my email account. From my end I am working very hard to not be hacked. But there are a few things that you can do as well.
1. Protect email accounts: Perpetrators of wire fraud often carry out their crimes after having hacked an email account. Use a strong password, change it periodically and use two factor authentication on any accounts used in connection with real estate closings. Customers should be strongly encouraged to do the same.
2. Call, don’t email: Customers should confirm all wiring instructions verbally before transferring funds. They should independently verify the phone number of the settlement agent or closing attorney (e.g. website, purchase contract, business card, etc.).
3. Be suspicious: It’s not common for wiring instructions and payment info to change. It’s also not common for the lender to provide wire instructions. A good mortgage company will never provide wire instructions to its homebuyers.
4. Confirm it all: Customers should ask their bank to confirm not only the account number but also the ABA routing number and the name on the account before sending a wire.
5. Verify immediately: Customers should contact the settlement agent or closing attorney to validate that the funds were received. Detecting that funds were sent to the wrong account within 24 hours offers the best chance of recovering the money.
6. Forward, don’t reply: When responding to an email, click on forward instead of reply and then start typing in the person’s email address. Criminals use email addresses that are very similar to the real one for a company. By typing the email addresses, it’s easier to identify if you’re a target of fraud.
7. Use a cashier’s check instead: Customers should consider not wiring funds at all. They should speak with the settlement agent or closing attorney about the procedures for using a cashier’s check instead of sending their funds by wire.
Be smart and be safe out there.
Market Activity May 21-27, 2018
Looking at the real estate activity in Lake Oswego last week what stands out to me is just how balanced it is. We had nearly identical numbers with 28 new listings, 25 Pending sales, and 29 closed sales. This means that properties are coming onto the market at the same rate that they are selling. It feels very balanced and healthy for both buyers and sellers.
Following is the breakdown for you according to RMLS:
New on the Market (May 21-27, 2018)
Address | Type | Price | BR | Baths | Sq Ft |
4 Touchstone #114 | Condo | $189,900 | 2 | 2 | 984 |
3852 Botticelli St | Condo | $279,000 | 3 | 2 | 1224 |
5225 Jean Rd #107 | Condo | $279,900 | 2 | 2 | 1200 |
48 Eagle Crest Dr 1C | Condo | $285,000 | 2 | 2 | 1370 |
12868 Boones Ferry Rd | Condo | $399,900 | 2 | 2.5 | 1136 |
17802 Hillside Way | Detached | $585,000 | 4 | 2.5 | 3026 |
18 Juarez St | Detached | $595,000 | 3 | 2.5 | 2521 |
775 Boca Ratan Dr | Detached | $599,000 | 4 | 3.5 | 2710 |
4220 Albert Circle | Detached | $615,000 | 4 | 3 | 2405 |
5564 Bonita Rd | Detached | $649,000 | 3 | 2.5 | 2435 |
3612 Tempest Dr | Detached | $695,000 | 4 | 3 | 2819 |
57 View Ct | Detached | $755,000 | 4 | 2 | 2600 |
13000 Rogers Rd | Detached | $769,900 | 3 | 2.5 | 3252 |
2251 Summit Dr | Detached | $799,000 | 3 | 3 | 2874 |
630 9th St | Detached | $849,000 | 4 | 3 | 2576 |
14274 Kimberly Circle | Detached | $869,000 | 4 | 2.5 | 3231 |
1828 Palisades Terrace | Detached | $880,000 | 4 | 2.5 | 3264 |
981 Cumberland Pl | Detached | $899,000 | 4 | 2 | 3339 |
5047 Woodcrest Ln | Detached | $925,000 | 4 | 3.5 | 3713 |
16176 Matthew Ct | Detached | $930,000 | 4 | 2.5 | 3474 |
515 5th St | Detached | $995,000 | 2 | 1.5 | 2295 |
13589 Rogers Rd | Detached | $1,099,950 | 4 | 4 | 3302 |
15780 Twin Fir Rd | Detached | $1,155,000 | 4 | 2.5 | 3107 |
16717 Sylvan Ct | Detached | $1,200,000 | 5 | 3.5 | 4953 |
13575 Meadowcreek Ln | Detached | $1,239,000 | 4 | 2.5 | 3370 |
13707 Fielding Rd | Detached | $1,295,000 | 4 | 3 | 3337 |
15845 Oswego Shore Ct | Detached | $2,150,000 | 4 | 4.5 | 5500 |
1845 Highlands Loop | Detached | $2,695,000 | 4 | 3.5+.5 | 5001 |
Pending Sales (May 21-27, 2018)
Address | Type | Price | BR | Baths | Sq Ft | CDOM |
322 Cervantes Circle | Condo | $190,000 | 2 | 1 | 832 | 8 |
44 Eagle Crest Dr #29 | Condo | $194,500 | 1 | 1 | 798 | 5 |
20 Cervantes Circle | Condo | $200,000 | 2 | 1.5 | 912 | 9 |
4 Touchstone #62 | Condo | $209,900 | 3 | 2.5 | 1351 | 129 |
26 Cervantes Circle | Condo | $215,000 | 2 | 1.5 | 912 | 6 |
1408 Laurel St | Detached | $300,000 | 3 | 1 | 850 | 0 |
3672 Spring Ln 4A | Condo | $329,900 | 2 | 2 | 1117 | 7 |
16880 Cortez Ct | Detached | $395,000 | 3 | 2.5 | 1991 | 19 |
16141 Parker Rd | Detached | $435,000 | 3 | 1 | 1008 | 24 |
1991 Greentree Rd | Detached | $625,000 | 4 | 3 | 2655 | 89 |
4690 Auburn Ln | Attached | $649,900 | 3 | 3.5 | 2750 | 98 |
13805 Regency Ct | Detached | $659,000 | 4 | 2.5 | 2087 | 6 |
4910 Lower Dr | Detached | $659,900 | 3 | 2.5 | 2151 | 196 |
97 Garibaldi | Detached | $749,000 | 3 | 2.5 | 3559 | 4 |
1128 Lake Shore Rd | Detached | $799,000 | 2 | 1 | 1397 | 22 |
5676 Suncreek Dr | Detached | $869,000 | 4 | 3.5 | 3312 | 32 |
940 Cumberland Rd | Detached | $895,000 | 4 | 3 | 2992 | 3 |
540 Northshore Rd | Detached | $899,000 | 4 | 3 | 2646 | 1 |
475 Iron Mountain Blvd | Detached | $899,900 | 4 | 3.5 | 3254 | 23 |
1563 Bay View Ln | Detached | $1,199,999 | 5 | 4.5 | 5615 | 322 |
4250 Lords Ln | Detached | $1,249,000 | 4 | 3.5 | 3516 | 299 |
1620 Fernwood Dr | Detached | $1,279,900 | 3 | 3.5 | 3371 | 47 |
18137 Meadowlark Ln | Detached | $1,299,000 | 4 | 4.5 | 5306 | 258 |
18475 Crestlline Dr | Detached | $1,680,000 | 4 | 4.5 | 4740 | 291 |
1925 Cheryl Ct | Detached | $1,848,000 | 4 | 5.5 | 5869 | 26 |
Sold/Closed (May 7-13, 2018)
Address | Type | List Price | Sold Price | Sq Ft | CDOM |
750 1st St E33 | Condo | $197,000 | $170,000 | 986 | 78 |
125 Oswego Summit | Condo | $180,000 | $180,000 | 764 | 10 |
4 Touchstone #68 | Condo | $199,900 | $193,798 | 984 | 3 |
52 Oswego Summit | Condo | $204,900 | $204,900 | 705 | 15 |
4 Touchstone #148 | Condo | $224,900 | $205,000 | 1351 | 159 |
3866 Botticelli St #27 | Condo | $286,500 | $278,000 | 1132 | 18 |
668 McVey Ave #74 | Condo | $285,000 | $279,500 | 636 | 26 |
6070 Lakeview Blvd | Detached | $350,000 | $355,000 | 1416 | 5 |
5442 Jean Rd | Detached | $359,900 | $359,900 | 1224 | 16 |
56 Condolea Terrace | Condo | $575,000 | $529,000 | 2958 | 161 |
17323 Ashley Ct | Attached | $525,000 | $535,000 | 2117 | 137 |
3827 Bass Ln | Detached | $589,000 | $584,000 | 2302 | 42 |
3300 Southshore Blvd | Detached | $599,000 | $599,000 | 1062 | 8 |
17915 Ridge Lake Dr | Detached | $650,000 | $615,000 | 3304 | 431 |
17960 Ridge Lake Dr | Detached | $750,000 | $715,000 | 3124 | 10 |
17622 Brookhurst Dr | Detached | $789,000 | $785,000 | 2909 | 3 |
1691 Highland Dr | Detached | $799,900 | $800,000 | 3314 | 17 |
691 7th St | Detached | $889,500 | $850,500 | 2450 | 9 |
18840 Hill Top Rd | Detached | $1,195,000 | $890,000 | 4216 | 584 |
4242 Cobb Way | Detached | $879,000 | $899,000 | 2337 | 1 |
1875 Fernwood Dr | Detached | $1,249,900 | $1,200,000 | 3279 | 74 |
490 G Ave | Detached | $1,349,000 | $1,339,900 | 2959 | 0 |
2230 Wembley Park Rd | Detached | $1,449,950 | $1,400,000 | 4597 | 216 |
16819 Greenbrier Rd | Detached | $2,250,000 | $1,600,000 | 3022 | 549 |
18222 Siena Dr | Detached | $1,595,000 | $1,691,100 | 3998 | 2 |
1955 Highlands Loop | Detached | $1,995,000 | $1,925,000 | 4012 | 25 |
16865 Greenbrier Rd | Detached | $2,595,000 | $2,495,000 | 6104 | 33 |
1210 Chandler Rd | Detached | $3,488,000 | $3,150,000 | 7455 | 34 |
758 Southview Rd | Detached | $3,800,000 | $3,800,000 | 5179 | 0 |
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.