Tag: Lake Oswego Oregon

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Open Houses 10/20/13

This Sunday there will be 28 Open Houses in Lake Oswego. We are having a glorious, sunny weekend, so it should be a great day to tour. Enjoy!

45 Eagle Crest #409, 2 BR, 2 Baths, $150,000, Open 1 to 3

3595 Tempest Dr, 3 BR, 2 Baths, $424,900, Open 12 to 3

87 Ash St, 3 BR, 2 Baths, $429,900, Open 1 to 3

16038 Reese Rd, 3 BR, 3 Baths, $449,000, Open 1 to 3

5456 Willow Ct, 3 BR, 2.5 Baths, $469,000, Open 1 to 3

6192 Harrington Ave, 5 BR, 3 Baths, $479,900, Open 12 to 2

15677 Fieldstone Dr, 3 BR, 2.5 Baths, $546,500, Open 12 to 2

3435 Lake Grove Ave, 4 BR, 3 Baths, $604,900, Open 1 to 4

18020 Jennifers Way, 4 BR, 2.5 Baths, $609,889, Open 12 to 3

19524 River Run Dr, 4 BR, 2.5 Baths, $618,950, Open 12 to 2

2478 Marylview Ct, 5 BR, 3 Baths, $619,000, Open 1 to 3

14412 Meadow Grass St, 5 BR, 2.5 Baths, $619,900, Open 2 to 4

5522 Royal Oaks Dr, 4 BR, 2.5 Baths, $624,500, Open 12 to 3

113601 Twin Creek Ln, 4 BR, 2.5 Baths, $630,000, Open 1 to 3

421 Middlecrest Rd, 3 BR, 2.5 Baths, $645,000, Open 1 to 3

18042 Jenifers Way, 4 BR, 3 Baths, $657,950, Open 12:30 to 3

5831 Suncreek Dr, 4 BR, 2.5 Baths, $659,900, Open 1 to 3

18064 Jenifers Way, 5 BR, 3 Baths, $667,950, Open 12:30 to 3

5728 Bay Creek Dr, 5 BR, 2.5 Baths, $719,900, Open 2 to 4

13562 Peters Rd, 4 BR, 3 Baths, $875,000, Open 2 to 4

4540 Lamont Way, 4 BR, 2.5 Baths, $899,950, Open 3 to 5

2801 Lakeview Blvd, 3 BR, 3.5+.5 Baths, $925,000, Open 12 to 4

2671 Glen Eagles Rd, 3 BR, 3 Baths, $950,000, Open 1 to 3

14110 Goodall Rd, 4 BR, 3.5 Baths, $995,000, Open 12 to 2

2943 Lakeview Blvd, 4 BR, 3 Baths, $1,095,000, Open 1 to 3

853 D Ave, 4 BR, 3.5 Baths, $1,250,000, Open 2 to 4

16777 Phantom Bluff Ct, 4 BR, 2.5+.5 Baths, Open 1 to 3

67 Nansen Summit, 6 BR, 4 Baths, $1,500,000, Open 1 to 3

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14 Mistakes that can Hurt Your Home’s Value

ST359S_PICMSN Real Estate recently had an excellent article on things people do to homes that actually devalues them. I thought the list was pretty spot on, and so I want to share it with you here. I will also give you my take on each item.

Over Developing for your Area
Your home is directly affected by the surrounding homes in your area. That old adage location, location, location really does hold true. So don’t expect to get all of your money back if the surrounding properties are selling for significantly less.

Inconsistent Remodeling
My personal pet peeve is when a great old house gets gutted and made “up-to-date”. 1980’s kitchens in 1920’s bungalows and just horrible. When you remodel, try to respect the style of the home and work within it’s parameters. You must have liked it at least a little, otherwise you wouldn’t have bought the house, right?

Fully Enclosing a Front Porch
While it may be a good way to create an entry space, it really has a huge impact on the curb appeal of the house. Consider doing a partial enclosure, or perhaps screened porch.

Too Much “You” in Your Home
I once toured a house with about a 100 dolls displayed. They were having little tea parties and sitting on doilies. This creates a total distraction that most people don’t relate to. It certainly puts off potential buyers.

Messing Up the Floorplan
A floor plan should be easy to maneuver in. You shouldn’t have to go through rooms to get to other rooms such as adding a bedroom to the back of a bedroom. If it seems odd, it is.

Keeping an Above-Ground Pool
No one wants to have to remove and take away other people’s abandoned toys. They are also a bit of a monolith to look at. Get rid of it.

Tackling Big Projects Yourself
While the temptation to save money may be strong, you could actually loose money in the end. Get it done right. It needs to look like it was professionally done.

Over-stuffing a Remodel
Less can actually be more. Over-filling a space will make it feel small and cramped. Declutter to enlarge rooms. They should feel spacious and bright.

Too Trendy
This is a tough one. If you are buying a new home, building an addition, or remodeling an existing home, you are restricted by what you can find to purchase. So the show rooms and stores are going to have what is current and popular today. I see 2 solutions: stick with classic colors and styles, or consider shopping at stores that recycle and resell house parts. The author of the article that I obtained this list from specifically mentioned the little skinny tiles currently being used in counter back splashes. It is true that they just scream 2013. But if you like them, use them. Just know that in a few years they’ll we need to be replaced.

Converting the Garage
If you do a garage conversion, leave the door and door tracks in place so that it can be easily converted back. This will preserve the curb appeal of the house and allow a future owner to retain the garage.

Not Getting Permits
Don’t even think of doing remodeling without proper permits. Not only will it create an obstacle at the time of resale, but it could have serious consequences if you ever make a claim with your home owner’s insurance.

Keeping Brass
Brass that was so popular in the 1990’s is out, out, out. You can buy bathroom conversion kits for things like shower doors, and then go after changing out the hinges, knobs, and light fixtures. This sort of project is rather labor intensive. Consider doing it a bit at a time so that after a few months it’s complete. I think this is one of the single easiest items to do to improve value.

thOver-the-top Colors
No, purple is not a good idea. Over-powering decorating is a total distraction. Having said this, don’t be afraid of color. All white is not currently very popular either. My advice is to go and visit some new neighborhoods with model homes. Builders hire designers to tastefully select colors. You’ll get some good ideas that should be pretty safe.

Ignoring Flaws
This one is a bit like the frog in the pan of slowly heated water. We live in our homes and get used to them. When the house is listed for sale, all of those little things you have grown used to may be just the combination that keeps the house from selling. And the single biggest flaw that is easily fixed is cleaning the house. Clean it top to bottom, every window, every closet. Make it sparkle.

I hope you find this helpful.
Dianne

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Market Activity ~ Oct 7-13, 2013

We’ve got steady activity in Lake Oswego. RMLS shows 11 New properties entering the market, 20 moving to Pending status, and 15 that “Closed”/Sold.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Oct 7-13, 2013):

Address List Price # Beds # Baths Total SF Prop Type
4405 THUNDER VISTA LN $245,500 2 2.1 2002 CONDO
29 GREENRIDGE CT $279,900 3 2 1730 ATTACHD
15 SUMMIT RIDGE CT $339,900 2 2.1 1750 ATTACHD
250 FURNACE ST $389,000 2 1 899 DETACHD
23 DA VINCI ST $425,000 3 2.1 2024 DETACHD
17129 KELOK RD $499,000 3 2 1996 DETACHD
13036 SIERRA CT $549,900 3 2 2214 DETACHD
421 MIDDLECREST RD $645,000 3 2.1 2383 DETACHD
3033 WESTVIEW CIR $900,000 5 4.1 5013 DETACHD
19354 LORNA LN $950,000 4 3.1 4169 DETACHD
1978 EGAN WAY $1,995,000 4 5.2 6761 DETACHD

PENDING SALES (Oct 7-13, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
4000 CARMAN DR #79 $135,000 2 2 993 CONDO 4
45 EAGLE CREST DR #508 $179,900 2 2 1046 CONDO 29
3101 MCNARY PKWY $220,000 3 2.1 1894 ATTACHD 354
15495 BRIANNE CT $232,000 2 2.1 1292 ATTACHD 35
837 COUNTRY CLUB RD $349,000 4 3 1729 DETACHD 121
4200 WESTBAY RD $359,000 2 1 944 DETACHD 101
791 BRIERCLIFF LN $359,900 3 2.1 1736 DETACHD 90
1023 LUND ST $375,000 4 2.1 2313 DETACHD 99
1645 CLOVERLEAF RD $397,000 3 3 2494 DETACHD 33
1250 HEMLOCK ST $399,950 3 2 2656 DETACHD 90
45 TANGLEWOOD DR $433,900 5 3.1 3166 DETACHD 4
5602 SOUTHWOOD DR $498,900 4 2.1 2636 DETACHD 20
4545 DOGWOOD DR $499,500 3 2 2483 DETACHD 8
1941 GREEN ACRES LN $499,900 4 2.1 2449 DETACHD 227
330 D AVE $554,900 3 2 3150 DETACHD 0
113 FURNACE ST / Grnd $635,000 2 2.1 2154 CONDO 6
5267 LAKEVIEW BLVD $674,900 4 3.1 3454 DETACHD 87
5900 SUNCREEK DR $699,900 4 2.1 3736 DETACHD 106
13900 GOODALL RD $1,299,000 5 3.1 4282 DETACHD 8
17700 Lake Haven DR $1,579,900 4 3.1 4006 DETACHD 36

SOLD (Oct 7-13, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
13 CRESTFIELD CT $46,916 $70,000 1 0.1 550 CONDO 323
284 CERVANTES CIR $104,500 $92,650 2 2 1052 CONDO 238
3930 LAKE GROVE AVE #3B $136,000 $103,000 2 1 952 CONDO 188
44 EAGLE CREST DR $120,000 $124,000 2 1 908 CONDO 29
482 S STATE ST #3B $195,900 $151,380 2 1 1659 CONDO 149
3433 SW MCNARY PKWY #504 $174,700 $165,000 2 2.1 1136 CONDO 43
3978 SW CARMAN DR $169,900 $169,900 2 2.1 1098 ATTACHD 3
12808 BOONES FERRY RD $279,000 $250,000 3 2.1 1174 CONDO 76
17650 DEEMAR WAY $310,000 $295,000 4 2 1375 DETACHD 31
18971 Indian Springs CIR $375,000 $375,000 3 2 1525 DETACHD 93
2 ABELARD ST $449,900 $419,900 3 3.1 2435 DETACHD 100
2188 OVERLOOK DR $499,900 $450,000 4 2.1 2594 DETACHD 130
4860 CENTERWOOD ST $479,000 $460,000 5 2.1 2533 DETACHD 64
17393 GRANDVIEW CT $659,900 $532,000 4 3.1 3672 DETACHD 243
5064 WOODCREST LN / Lt 11 $639,900 $668,530 4 2.1 3215 DETACHD 209

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 ~ Oct 13, 2013

It’s a Beautiful Fall Day in Lake Oswego!Fall Tree_a

Here are the 29 homes that are being held Open according to RMLS. Enjoy!

The Fall is here

How do I know?

The Trees have all

Become Aglow

And the Blue, Blue Sky

So much more Treasured

Inspiring Memories

Of the Falls We’ve Weathered

(me)

Address L/Price # Beds # Baths Total SF Open
44 EAGLE CREST DR #41 $123,900 2 1 908 1-3PM
4 TOUCHSTONE #62 $159,500 3 2.1 1351 1-3PM
668 MCVEY AVE #46 $217,000 2 1 852 12-3PM
1261 BOCA RATAN DR $270,000 3 2 1611 1-3PM
6380 WASHINGTON CT $324,950 3 2 1720 12-3PM
19113 TERRY AVE $359,900 4 2 1454 1-3PM
924 LAUREL ST $360,000 3 2 1965 1-3PM
1602 GREENTREE RD $399,950 4 2 1708 2-4PM
45 TANGLEWOOD DR $433,900 5 3.1 3166 2-4PM
12 BUCKINGHAM TER $529,000 5 3.1 3642 1:30-3:30PM
15677 FIELDSTONE DR $546,500 3 2.1 2527 1-4PM
5555 FIELDSTONE CT $579,500 3 2.1 2664 1-4PM
3435 LAKE GROVE AVE $619,900 4 3 2618 1-4PM
1981 SUMMIT DR $632,000 3 2.1 2579 1-3PM
18042 JENIFERS WAY $657,950 4 3 2946 12-2:30PM
18064 JENIFERS WAY $667,950 5 3 2965 12-2:30PM
716 LAKESHORE RD $675,000 3 2 1878 2-4PM
18994 BRYANT RD $699,000 4 2.1 3146 12-3PM
5900 SUNCREEK DR $699,900 4 2.1 3736 1-3PM
5 DOVER WAY $865,000 4 4.1 5257 12-4PM
420 RIDGEWAY RD $895,000 2 2 2190 1-4PM
4540 SW LAMONT WAY $899,950 4 2.1 3555 3-4:30PM
18187 SIENA DR $938,950 4 3.1 3745 12-3PM
18430 TAMAWAY DR $939,000 4 2.2 3902 1-4PM
752 E AVE $998,500 3 3 2818 10AM-2PM
2135 RIDGE POINTE DR $1,124,500 5 4.2 6755 1-3PM
13310 ATWATER LN $1,295,000 5 4 5697 2-4PM
13 NANSEN SMT $1,350,000 4 4.1 4625 1-4PM
448 COUNTRY CLUB RD $1,395,000 4 3.1 4873 12-2PM
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Tips & Tidbits

  • Recently, according to a NAR (Natl’ Assoc. of Realtors) publication’s questionnaire, numbers were compiled on how many Realtors would “stage a fridge”.  Here are the interesting results:

– 49%   “Absolutely. No detail is too small for some buyers.”

– 26%   “Only if the fridge is staying with the house.”

– 15%   “Maybe, but it’s overkill.  Anyone who cares what’s in the fridge is too picky.”

– 10%   “Yuck! I’m a real estate professional, not a maid!”

Now me?  I know that staging is important.  And it’s more important in some homes than others.  I will go over strategies  with my clients individually tailored to create great “flow” in their home, and an easy, expansive and pleasant showing experience for their potential Buyers… sometimes by moving furniture a bit, moving, removing or swapping out artwork, de-cluttering and clearing countertops, as well as generally minimizing.  I will say, though, that I am a sucker for the fact that people still need to “Live” in their home during the Selling process, so I am not as strict as some agents. But, I will explain that if someone is distracted by your personal belongings- family photos etc, they are now not looking at your home… they are looking at your things….  You want the Buyer to be able to see themselves living in your home, picturing what their furniture will look like over there, and getting excited at the idea of living in it.  That’s why neutral colors are encouraged, what I call “old lady wallpaper” is discouraged, and things that might evoke a negative response in people such as overly religious decor, lots of alcohol on display or political “statements” are not advised. The way it was explained to me before I was a Realtor and was selling my first home makes the most sense: “The way you live in a home (most people anyway : ) is completely different from the way you sell a home.”    ***I would not stage a fridge : )

  • When Selling your home, make sure to fill out each line of the Property Disclosures. There are boxes for N/A and Unknown.  If you don’t see the appropriate box, just write in N/A or whatever is correct.  The point is to disclose everything you know about your property, and I will tell you that the best policy is “Disclose, Disclose, Disclose”.  If there is something you are not sure you should put on the Disclosure because you think that if you did, it would make someone potentially think twice about buying your home… that is a huge hint to disclose it!  Most Buyers know that they are not buying a brand new home (unless they are : )  and so are expecting there to be some issues here & there.  These are fodder for potential negotiation, and you know that, as a Buyer, you yourself would feel much more comfortable & more likely to remain engaged buying from people who were being up-front with you about their home. You can also make the choice to correct whatever issue it is prior to filling out the Disclosure form. Disclosing “issues” also protects you in the event that something happens later on after the sale, and was the result of something that you normally would have been aware of but didn’t include on your disclosures. You can attach separate pieces of paper to explain certain things, or, if you have room, just make a note on the form itself. Remember… Disclose, Disclose, Disclose!
  • I’m told property taxes were just confirmed yesterday.  At this time of year, if you are in the middle of a transaction, it’s always good to talk w/your Agent and Escrow Offcer about how taxes will play out in your Closing breakdown.  The tax year begins on July 1st, and runs through June 30th of the following year, BUT, the tax amounts are not finalized until around this time of year.  If you are buying in September, for instance, Escrow will likely take a stab at figuring out what your taxes will amount to by taking last year’s number, and adding on a certain percent.  If you over-pay at Closing, you will receive a check in the mail shortly afterward refunding anything over-estimated.  Escrow is your neutral third party. Utilize their services so that you are fully prepared when you get to the closing table!
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Market Activity Sept 30-Oct 6, 2013

Last week was extremely balanced with near equal numbers in all categories: 15 new listings, 15 pending sales, and 19 closed sales.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Sept 30-Oct 6, 2013):

Address Type Price BR Bths SF
4000 Carman Dr #79 Condo $135,000 2 2 993
4 Touchstone #62 Condo $159,500 3 2.5 1351
5054 Foothills Dr C Condo $239,000 3 2 1252
19113 Terry Ave Detached $359,900 4 2 1454
924 Laurel St Detached $360,000 3 2 1965
5456 Willow Ct Attached $469,000 3 2.5 2423
17125 Fernwood Dr Detached $478,000 3 3 2688
4545 Dogwood Dr Detached $499,500 3 2 2483
6122 Carman Dr Detached $525,000 4 2 1508
3435 Lake Grove Ave Detached $619,900 4 3 2618
18994 Bryant Rd Detached $699,000 4 2.5 3146
13520 Knaus Rd Detached $699,000 4 3 2641
13900 Goodall Rd Detached $1,299,000 5 3.5 4282
13050 Knaus Rd Detached $1,395,000 4 3.5 4821
16743 Graef Circle Detached $1,495,000 4 2.5 3772

PENDING SALES (Sept 30-Oct 6, 2013)

Address Type Price BR Baths SF DOM
284 Cervantes Circle Condo $100,000 2 2 1052 238
70 Galen St Condo $105,000 2 1 923 231
5225 Jean Rd #401 Condo $129,900 2 2 1080 153
220 Cervantes #c Condo $185,000 2 2 1378 12
6 Oriole Ln Condo $265,000 3 2.5 1539 6
765 Maple Ln Detached $335,000 3 2 1998 68
4361 Albert Circle Detached $429,900 3 2.5 2472 19
1 Hidalgo St Detached $448,500 3 2.5 2489 97
2727 Glen Haven Rd Detached $449,900 3 2 2518 3
13008 Rodgers Rd Detached $479,000 4 2.5 2448 116
14058 Chatham Ct Detached $519,900 3 2.5 2235 4
13250 Sandalwood Ct Detached $539,000 3 2.25 2842 1154
622 Carrera Ln Detached $899,000 4 4.5 5446 84
15411 Village Dr Detached $899,900 4 3.5 3809 7
686 8th St Detached $995,000 4 3 3200 40

SOLD (Sept 30-Oct 6, 2013)

Address Type List Price Closed Price Sq Ft CDOM
668 McVey Ave #15 Condo $117,000 $116,000 636 1
3864 Botticelli St Condo $174,950 $172,000 1132 4
5051 Foothills Dr E Condo $189,900 $190,000 991 6
16616 Lake Forest Blvd Detached $229,000 $209,000 1,056 2
668 McVey Ave Condo $210,000 $210,000 852 1
18420 Don Lee Way Detached $255,000 $243,000 924 68
200 Burnham Rd #209 Condo $295,000 $280,000 1305 28
1274 Hallinan Circle Detached $339,900 $339,900 1337 1
668 McVey Ave #32 Condo $379,000 $360,000 992 24
4286 Orchard Way Detached $478,500 $443,500 1998 73
429 10th St Detached $495,000 $448,786 2280 25
33 Spinosa Detached $459,000 $450,000 2215 60
303 Lake Bay Ct Detached $485,000 $457,400 1560 95
2234 Fernwood Circle Detached $499,900 $460,000 3000 175
32 Westridge Dr Detached $579,900 $499,900 3653 158
5501 Rachel Ln Detached $749,888 $640,000 3509 304
17900 Greenbluff Dr Detached $850,000 $725,000 4210 211
817 Hoodview Ln Detached $769,000 $735,000 3446 30
14635 Uplands Dr Detached $819,000 $799,000 3941 56

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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Sunday Open Houses, Oct 6th

Here are the houses scheduled to be held open on Sunday, October 6th. Enjoy

Address Price Type Bedroom Bath Open
143 Oswego Summit $146,000 Condo 2 2 2 to 4
4 Touchstone #62 $159,500 Condo 3 2.5 1 to 3
6397 McEwan Rd $295,000 Detached 3 2 1 to 3
1602 Greentree Rd $399,950 Detached 4 2 2 to 4
87 Ash St $429,900 Detached 3 2 1 to 3
2727 Glen Haven Rd $449,900 Detached 3 2 12 to 3
1730 Yarmouth Circle $454,500 Detached 2 2 1 to 3
18321 Wood Thrush Circle $458,500 Detached 3 2.5 1 to 3
16838 Wight Ln $469,500 Detached 4 2.5 2 to 4
17125 Fernwood Dr $478,000 Detached 3 3 1 to 3
1287 Rockinghorse Ln $479,000 Detached 3 2 1 to 3
17730 Marylbrook Dr $479,000 Detached 4 2.5 2 to 4
6 Hillshire Dr $499,000 Detached 5 3 1 to 4
1448 Cedar St $499,000 Detached 4 3 1 to 3
15677 Fieldstone Dr $546,500 Detached 3 2.5 1 to 3
17973 Saint Clair Dr $565,000 Detached 4 3 1 to 3
5555 Fieldstone Ct $579,500 Detached 3 2.5 1 to 3
14 Del Prado St $599,999 Detached 5 3.5 2 to 4
18343 Anduin Terrace $614,900 Detached 4 2.5 2 to 4
19524 River Run Dr $618,950 Detached 4 2.5 1 to 3
621 Country Club Rd $625,000 Detached 4 2.5 1 to 4
14920 Twin Fir Rd $649,000 Detached 3 1.5 1 to 4
3752 Tempest Dr $659,000 Detached 5 2.5 2 to 4
5267 Lakeview Blvd $674,900 Detached 4 3.5 10 to 1
13374 Hidden Bay Ct $699,000 Detached 4 2.5 1 to 3
1273 Wells St $829,000 Detached 4 3 12 to 2
16671 Fir Ln $845,000 Detached 3 3.5 12 to 3
17641 Cardinal Dr $899,000 Detached 4 3 1 to 4
18187 Siena Dr $938,950 Detached 4 3.5 1 to 4
735 7th St $939,000 Detached 3 3.5 1 to 4
13537 Fielding Rd $995,000 Detached 4 3.5 1 to 3
752 E Ave $998,500 Detached 3 3 10 to 2
13310 Atwater Ln $1,295,000 Detached 5 4 3 to 5
67 Nansen Summit $1,500,000 Detached 6 4 1 to 4
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Featured Property: Jantzen Island

Jantzen Island 1One of the most famous homes in Lake Oswego has recently come under new ownership. Jantzen Island was built in 1930 by swim wear pioneer Carl Jantzen. Legend has it that he would hold swim wear fashion shows on the lake with pyramids of models water skiing in the latest summer styles.

The home is on the National Register of Historic Places. The original 10,000 square foot house was designed by Charles Ertz and the boat house was designed by Richard Sundeleaf.

Jantzen Island 2What makes the property truly special, besides the historic nature of the buildings, is that it is the only private island on the lake. With 5 acres and a stone bridge as the only access, it is an estate without compare.

Here is a brief history:

Jantzen Island 3Early History Settlers call the place Crazy Man’s Island for its mute, hermit resident.

1929 Swimwear pioneer Carl Jantzen purchases the island from Oregon Iron & Steel.

1930 Jantzen hires architect Charles Ertz to design the English Tudor style main house and Richard Sundeleaf to design the boat house.

1952 Harry Coffey, an insurance agent, buys the estate.

1956 Carl and Virginia Halvorson (a land developer who was behind developing Mountain Park) purchase the estate and become its longest-staying owners. They lived on the island for 3 decades, which is why the island is also known as Halvorson Island.

1987 Jerry Stubblefield, the founder of Avia footwear, buys the estate for $2.2 million. Stubblefield remodels and builds a 3,000 square foot guest house.

2008 Right after the turn in the market, Mr. Stubblefield lists the island for sale at $19.5 million. It does not sell.

2009 Chris Dudley, a former Trail Blazer as well as gubernatorial candidate, makes a $3.75 million loan to Stubblefield. Terms of the loan are not met and Dudley forecloses.

2012 The island is purchased by Rick and Erica Miller. Rick Miller is the chairman of Avamere Group, a health care company for seniors citizens with locations throughout Oregon and Colorado.

Jantzen Island 4As is often the case with homes that go through foreclosure, the Millers acquired a house with deferred maintenance. Since moving in, they have done extensive repairs and remodeling. They just recently obtained approval to build a tram to the lake with a 720 square foot cabana. They are also building a guard tower at the bridge entrance, which had been part of the properties original design.

This house does not change hands often, so getting a glimpse of it through photos is a bit of an opportunity. I hope you enjoy learning the history of the home and the chance to catch up on its current status.
Dianne

Photos courtesy of oregonlive.com

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Market Activity ~ Sept 23-29, 2013

Wow!  We have been having some crazy Fall weather!  Thunderstorms, downpours, and then sun returning later this week.

Even with all that, last week shows steady activity, albeit slowing a little as we’d expect. RMLS shows 14 New properties entering the market, 11 moving to Pending status, and 15 that “Closed”/Sold.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Sept 23-29, 2013):

Address List Price # Beds # Baths Total SF Prop Type
14 CRESTFIELD CT $75,000 1 1 550 CONDO
4000 Carman #88 $117,000 2 2 836 CONDO
174 OSWEGO SMT #174 $199,000 2 2 1506 CONDO
6 ORIOLE LN $265,000 3 2.1 1539 DETACHD
1261 BOCA RATAN DR $270,000 3 2 1611 ATTACHD
1287 ROCKINGHORSE LN $479,000 3 2 1686 DETACHD
14010 MAJESTIC CT $499,500 3 2 2913 DETACHD
5353 FIRWOOD RD $579,500 3 2 2292 DETACHD
5831 SUNCREEK DR $659,900 4 2.1 2865 DETACHD
6457 MCDUFF CT $725,000 4 3.1 3120 DETACHD
15411 VILLAGE DR $899,900 4 3.1 3809 DETACHD
583 2ND ST $1,250,000 2 2.1 2304 CONDO
800 TERRACE DR $1,349,900 5 4.1 5166 DETACHD
13571 GOODALL RD $1,849,000 4 4.1 5725 DETACHD

PENDING SALES (Sept 23-29, 2013)

Address List Price # Beds # Baths Total SF Prop Type CDOM
13 CRESTFIELD CT $69,900 1 0.1 550 CONDO 323
86 KINGSGATE RD #27 $107,500 2 2 938 CONDO 6
5998 SHAKESPEARE ST $229,000 3 1 1227 DETACHD 5
4 WHEATHERSTONE $326,900 3 2.1 1692 CONDO 29
5103 MADRONA ST $349,900 2 2 1329 DETACHD 29
4711 REMBRANDT LN $399,900 3 2.1 2050 DETACHD 8
895 YORK RD $450,000 3 2 1924 DETACHD 39
4979 BILFORD LN $467,590 3 2.1 2200 DETACHD 7
4848 HASTINGS DR $535,000 3 2.1 2174 DETACHD 1
246 GREENWOOD RD $549,900 3 3 1899 DETACHD 73
17600 UPPER CHERRY LN $998,000 4 3.1 3900 DETACHD 171

SOLD (Sept 23-29, 2013)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
57 GALEN ST $69,900 $75,000 1 1 689 CONDO 59
37 CRESTFIELD CT $99,000 $95,000 2 1 923 CONDO 172
18011 TUALATA AVE $200,000 $205,000 3 2 1050 DETACHD 9
6263 WASHINGTON CT $305,000 $285,500 4 3 2826 DETACHD 19
14854 TWIN FIR RD $310,000 $305,000 3 2 1287 DETACHD 52
600 TIPPECANOE CT $359,000 $349,000 3 2 1812 DETACHD 51
13395 VERMEER DR $439,000 $400,000 3 2.1 2461 DETACHD 75
19424 OLSON AVE $525,000 $520,000 4 2.1 2777 DETACHD 5
13432 ROGERS RD $675,000 $660,000 3 2.1 3454 DETACHD 28
5623 GRAND OAKS DR $699,000 $675,000 4 2.1 3323 DETACHD 15
17160 Kelok RD $699,000 $675,000 4 4 4650 DETACHD 10
2833 RIVENDELL RD $718,000 $698,000 4 2.1 2932 DETACHD 72
5405 CHILDS RD $1,095,000 $910,000 4 3.1 4402 DETACHD 298
17912 KELOK RD $919,000 $926,872 5 3 3007 DETACHD 0
12210 ORCHARD HILL RD $1,495,000 $1,300,000 4 3.2 4640 DETACHD 67

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

August activity was slightly down from July, but still very much improved from August of 2012.

According to the RMLS Market Action Report for the Portland Metro Area  August, 2013:

  • At 2,623, August Closed Sales were a 5.2% down from July’s 2,766, and/but represent the best the best August for Closed Salws since 2009!
  • There were 3,423 New Listings in August. This was a decrease of 11.7% from July, and an increase of 10.5% over August of 2012.
  • The Average Sale Price in August was $321,900, down from $326,500 in July 2013.
  • Pending Sales (accepted offers) dropped slightly from July 2013’s total of 2,738  to 2,614 in August.

The combined areas of Lake Oswego and West Linn  for August reported :

    • 568 Active Listings
    • 206 New Listings
    • 130Pending Sales
    • 125 Closed Sales
    • An average Sale Price of $548,600.
    • Average Time on the Market: 75Days