A slew of new properties were introduced to the market last week in Lake Oswego…and a modest number of homes went pending and closed in the previous week.
(Remember, we’re waiting a week to show pending and closed sales to allow for laggard data, so that is shown for the week previous to last.)
And per a reader request, we’re providing the Original list price for all Sold properties. Stay tuned for an April wrap-up of real estate activity in LO.
Here is the latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):
New Listings (April 28-May 4, 2008)
| Address | List Price | Tot. Beds | Tot. Baths | Tot. Sq Ft | Prop Type | List Date |
| 88 Galen |
$145,250
|
2
|
1
|
923
|
CONDO |
5/2
|
| 45 EAGLE CREST DR |
$185,000
|
1
|
1
|
930
|
CONDO |
5/1
|
| 16250 S PACIFIC HWY |
$208,000
|
1
|
1
|
841
|
CONDO |
5/1
|
| 450 S STATE ST |
$229,900
|
2
|
1
|
800
|
CONDO |
4/27
|
| 482 S STATE ST |
$295,000
|
2
|
1
|
1,659
|
CONDO |
4/27
|
| 4322 Botticelli ST |
$315,000
|
2
|
2.1
|
2,043
|
CONDO |
4/30
|
| 16155 SW KIMBALL AVE |
$349,900
|
3
|
1
|
1,488
|
DETACHD |
5/1
|
| 100 LEONARD ST |
$350,000
|
2
|
2
|
1,320
|
CONDO |
5/2
|
| 4974 SUNTREE LN |
$396,700
|
2
|
2.1
|
1,652
|
ATTACHD |
4/29
|
| 4420 GOLDEN LN |
$409,000
|
3
|
3.1
|
2,165
|
CONDO |
4/30
|
| 1260 LARCH ST |
$449,900
|
3
|
2.1
|
2,320
|
DETACHD |
4/29
|
| 40 NOVA CT |
$475,000
|
4
|
2.1
|
2,308
|
DETACHD |
4/27
|
| 4208 HARVEY WAY |
$479,000
|
2
|
2
|
2,132
|
DETACHD |
5/1
|
| 5207 COVENTRY CT |
$485,000
|
3
|
2
|
1,973
|
DETACHD |
4/27
|
| 600 TIPPECANOE CT |
$489,900
|
3
|
2
|
1,744
|
DETACHD |
4/27
|
| 16090 SW KIMBALL AVE |
$529,950
|
4
|
1.1
|
2,276
|
DETACHD |
5/1
|
| 13758 REGENCY CT |
$530,000
|
3
|
2.1
|
2,153
|
DETACHD |
4/29
|
| 1600 WOODLAND TER |
$539,000
|
3
|
2
|
1,993
|
DETACHD |
5/1
|
| 17577 BLUE HERON CT |
$549,000
|
5
|
3
|
2,980
|
DETACHD |
4/30
|
| 20 El Greco |
$549,000
|
4
|
3
|
2,425
|
DETACHD |
4/30
|
| 16 NORTHVIEW CT |
$579,900
|
4
|
3.1
|
2,962
|
ATTACHD |
4/30
|
| 329 10TH ST |
$595,000
|
3
|
1
|
1,837
|
DETACHD |
4/28
|
| 1428 PINE ST |
$619,900
|
3
|
3.1
|
2,738
|
DETACHD |
4/29
|
| 1666 LAKE FRONT RD |
$625,000
|
4
|
3
|
2,825
|
DETACHD |
4/28
|
| 17784 TREETOP LN |
$649,000
|
4
|
3
|
3,468
|
DETACHD |
4/30
|
| 1473 LEE ST |
$669,900
|
4
|
3
|
2,705
|
DETACHD |
4/30
|
| 17083 FERNWOOD DR |
$685,000
|
5
|
3
|
2,868
|
DETACHD |
4/27
|
| 14 Del Prado |
$699,000
|
5
|
3.1
|
4,094
|
DETACHD |
4/29
|
| 5413 LANGFORD LN |
$728,950
|
3
|
2.1
|
2,891
|
DETACHD |
4/28
|
| 510 NORTHSHORE RD |
$735,000
|
3
|
3
|
2,380
|
DETACHD |
4/30
|
| 5364 LANGFORD LN |
$738,950
|
3
|
2.1
|
2,932
|
DETACHD |
4/28
|
| 4208 ALBERT CIR |
$739,000
|
4
|
3
|
2,777
|
DETACHD |
5/1
|
| 23 HILLSHIRE DR |
$759,000
|
3
|
4.5
|
3,916
|
DETACHD |
4/29
|
| 5455 LANGFORD LN |
$788,950
|
3
|
2.1
|
3,341
|
DETACHD |
4/28
|
| 1277 HIDE A WAY LN |
$799,900
|
5
|
3
|
3,120
|
DETACHD |
4/27
|
| 569 6TH ST |
$800,000
|
4
|
2
|
2,168
|
DETACHD |
5/3
|
| 13059 SW AMBER PL |
$874,500
|
5
|
0.3
|
3,240
|
DETACHD |
4/30
|
| 4300 ALBERT CIR |
$879,000
|
4
|
2.1
|
3,205
|
DETACHD |
4/27
|
| 4045 PFEIFER CT |
$969,000
|
4
|
3.1
|
3,887
|
DETACHD |
4/30
|
| 840 Evergreen RD |
$998,900
|
4
|
2.1
|
2,696
|
DETACHD |
4/29
|
| 1501 COUNTRY CLUB RD |
$1,249,000
|
4
|
4
|
4,687
|
DETACHD |
5/1
|
| 16737 MAPLE CIR |
$1,325,000
|
2
|
3
|
1,683
|
DETACHD |
5/2
|
| 1600 Country Commons LN |
$1,950,000
|
4
|
3.1
|
5,710
|
DETACHD |
4/30
|
| 15481 TWIN FIR RD |
$2,050,000
|
4
|
4.1
|
4,821
|
DETACHD |
5/1
|
| 13200 SW THOMA RD |
$2,950,000
|
5
|
5.2
|
7,648
|
DETACHD |
4/28
|
Pending Sales (April 21-27, 2008)
| Address | List Price | Tot. Beds | Tot. Baths | Tot. Sq Ft | Prop Type | DOM |
| 45 EAGLE CREST DR |
$150,000
|
1
|
1
|
768
|
CONDO |
4/25
|
| 214 OSWEGO SMT |
$259,900
|
2
|
2
|
1,506
|
ATTACHD |
4/20
|
| 5056 FOOTHILLS DR |
$289,900
|
2
|
2
|
1,252
|
CONDO |
4/26
|
| 18 WHEATHERSTONE PL |
$293,000
|
3
|
2.1
|
1,692
|
CONDO |
4/22
|
| 31 ORIOLE LN |
$349,000
|
3
|
3
|
1,968
|
DETACHD |
4/21
|
| 4070 VIRGINIA WAY |
$350,000
|
4
|
2
|
1,728
|
DETACHD |
4/20
|
| 4648 REMBRANDT LN |
$410,000
|
3
|
2.1
|
1,793
|
DETACHD |
4/20
|
| 1588 CHERRY LN |
$425,000
|
3
|
2
|
2,001
|
DETACHD |
4/21
|
| 5355 GREYSTOKE DR |
$425,000
|
3
|
2.1
|
1,975
|
DETACHD |
4/24
|
| 4630 WILDWOOD ST |
$429,900
|
3
|
2
|
2,067
|
DETACHD |
4/26
|
| 5400 BAY CREEK DR |
$600,000
|
3
|
2.1
|
2,856
|
DETACHD |
4/20
|
| 19124 MEGAN PL |
$768,500
|
4
|
2.1
|
3,584
|
DETACHD |
4/23
|
| 2601 DELLWOOD DR |
$829,900
|
4
|
3.1
|
4,277
|
DETACHD |
4/23
|
Sold Properties (April 21-27, 2008)
| Address | Sale Price | Orig. Price | Tot. Beds | Tot. Baths | Tot. SF | Prop Type | DOM |
| 84 OSWEGO SMT |
$136,400
|
$148,900
|
1
|
1
|
764
|
CONDO |
55
|
| 44 EAGLE CREST DR |
$149,000
|
$149,000
|
2
|
1
|
908
|
CONDO |
48
|
| 1402 PARRISH ST |
$323,000
|
$339,000
|
3
|
2.1
|
1,880
|
CONDO |
215
|
| 6238 SUMMER WOODS |
$470,000
|
$559,900
|
4
|
2.1
|
2,328
|
DETACHD |
234
|
| 3758 OLSON CT |
$575,000
|
$699,900
|
4
|
2.1
|
3,193
|
DETACHD |
225
|
| 36 NORTHVIEW CT |
$579,000
|
$579,000
|
3
|
3.1
|
2,573
|
ATTACHD |
4
|
| 17364 BRYANT RD |
$740,000
|
$799,900
|
4
|
3
|
3,043
|
DETACHD |
205
|
| 5497 Langford LN |
$830,000
|
$809,000
|
4
|
2.1
|
3,341
|
DETACHD |
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.

Lake Grove is located West of Oswego Lake and East of Interstate 5. It includes a vibrant business district along Boones Ferry Rd with many shops, offices, and restaurants. The neighborhood was platted in 1912 and grew as a result of the Goodin Station train stop between Oswego and Tualatin. The old train station and market were long ago converted to a very charming residence and can still be found today. If I were trying to find a word to describe Lake Grove it would be “diverse”. There is just simply a very wide variety of housing and businesses in Lake Grove.
The City of Lake Oswego has spent the last decade doing a major overhaul of its commercial districts. Millenium Plaza Park and the Village Center at the East end of town were completed through this revitalization effort several years ago and have been wildly successful. A similar effort is just beginning in Lake Grove.
First addition is one of the Portland area’s most charming and desirable places to live. It was platted in 1888 and is actually Lake Oswego’s second oldest neighborhood. (The oldest is the historic old town area near George Roger’s Park). The neighborhood was the first growth outside of Old Town as the economic focus of the town shifted from the production of iron and steel to the pursuit of recreation. The neighborhood has about 30 blocks of historic homes.
Oswego’s most popular attractions. The neighborhood hosts the
Adding to the convenience of living in First Addition is the fact that it also contains Lake Oswego’s Tri-Met transit center with bus to downtown Portland and the rest of the metropolitan area.
On a recent Broker’s Tour in Lake Oswego, my cohorts and I were discussing how important it is to include accurate information in listings, and we noted how easy it is to inadvertently choose the wrong “field” when entering data etc. I thought it might help the prospective home seller or buyer to know a little about how agents search for houses, specifically in using the basic search fields provided to them on the MLS.