Open Houses ~ November 20, 2011

Fall is definitely here!  Snow on the mountain and chill in the air… preview of winter.

Bundle up and enjoy these homes being held Open according to RMLS:

Address L/Price # Beds # Bath Total SF Style Open
4394 THUNDER VISTA LN $165,000 2 2.1 1980 TOWNHSE 1-3PM
16212 LAKE FOREST BLVD $244,000 3 2 1267 DETACHD 1-3PM
4991 CENTERWOOD ST $340,000 4 3.1 2286 DETACHD 2-4PM
4050 VIRGINIA WAY $345,000 3 2 1344 DETACHD 1:30-5PM
12 WALKING WOODS DR $369,000 3 3 2177 DETACHD 12-3PM
1820 KILKENNY DR $374,901 4 2.1 3040 DETACHD 12-4PM
7 DEL PRADO ST $435,000 4 3 2232 DETACHD 1-3PM
908 CUMBERLAND PL $454,900 4 3 2715 DAYRNCH,TRAD 1-4PM
19333 SW DOGWOOD CT $479,900 5 3 3234 DETACHD 11AM-4PM
5542 DUNMIRE DR $519,900 4 2.1 3204 DETACHD 11AM-4PM
5515 DUNMIRE DR $536,900 4 3 3287 DETACHD 11AM-4PM
15633 FIELDSTONE DR $618,950 4 2.1 3047 DETACHD 12-2PM
5533 FIELDSTONE CT $628,950 4 2.1 3115 DETACHD 12-2PM
17110 LOWENBERG TER $649,900 4 2.1 2732 DETACHD 1-3PM
15622 FIELDSTONE DR $668,950 3 2.1 3113 DETACHD 12-2PM
3000 UPPER DR $695,000 3 3 2851 DETACHD 12-3:30PM
17930 BLUE HERON DR $750,000 5 4.1 5069 DETACHD 1-3PM
17282 LAKE HAVEN DR $1,199,000 4 2.1 3662 DETACHD 1:30-4PM

News & Notes

What’s Happening in Lake Oswego? ~

* Thanksgiving Reunion Market! – Nov. 19th, 10AM-2PM  at Millennium Plaza Park – For one day only, revisit the fun of summertime’s best venue for fresh fruits, vegetables and all manner of fare from local farmers and artisans.  Come mingle, enjoy the music, and bring home bag-fulls of goodness!

* Annual Holiday Tree-Lighting – Nov. 25th,  5:30PM at the corner of 5th St. and A Ave. –  Enjoy the lighting of the Bigelow Plaza Holiday Tree, and then parade to Millennium Plaza Park for the lighting of the Millennium Tree.   This is an annual event not to be missed!

*Board & Commission Vacancies –  Lake Oswego is looking for people interested in applying for the following:   Transportation Advisory Board, Development Review Commission, Historic Resources Advisory Board, Library Advisory Board, Natural Resources Advisory Board.  For more information CLICK HERE.

* Emergency Preparedness Calendar – Would you like one of these?  I would!  To order & view more information CLICK HERE.  To download the calendar CLICK HERE.

Here are some Market Notes for You~

According to the RMLS Market Action Report for October 2011, the combined area of Lake Oswego and West Linn  reported:

  • 711 Active Listings
  • 167 New Listings
  • 109 Pending Sales
  • 72 Closed Sales
  • An average Sale Price of $429,100.
  • Average Time on the Market: 135 Days

Market Activity for Nov. 7-13, 2011

It feels like we are falling into a pattern for the fall and winter. Sales are not gangbuster, but they are steady with about the same number of sales this week as last, and as the week before. New listings seem to be falling off, which is normal at this time of year. Last week Lake Oswego had 10 houses come onto the market, 13 houses go pending, and 7 closed sales. See below for further details:

NEWLY LISTED (Nov. 7-13, 2011)

Address Type Price Sq FT BR Baths
47 Eagle Crest Dr #37 Condo $49,900 672 1 1
4 Touchstone #67 Condo $99,000 984 2 2
4214 Woodside Circle Attached $234,900 1841 3 2.5
6380 Washington Ct Detached $249,500 1720 3 2
13120 Thoma Rd Detached $345,000 3116 3 2
12 Walkingwoods Dr Detached $369,000 2177 3 3
4573 Oakridge Rd Lot33 Attached $369,900 1835 3 2.5
4571 Oakridge Rd Lot32 Attached $419,680 2092 3 2.5
4076 Coltsfoot Ln Detached $639,900 3882 4 3.5
17475 Canal Circle Detached $895,000 2290 3 3

PENDING SALES (Nov. 7-13, 2011)

Address Type Price Sq Ft BR Baths CDOM
5056 Foothills Dr G Condo $179,900 1252 2 2 363
16211 Inverurie Rd Detached $196,100 1819 4 2.5 22
3300 Wembly Park Rd Detached $200,000 2094 2 1 11
668 McVey Ave #70 Condo $299,000 992 3 1.5 5
589 Ridgeway Rd Detached $400,000 1736 3 2 41
4575 Oakridge Rd Lot34 Attached $401,836 1927 3 2.5 2
52 Condolea Ct Condo $485,000 2958 2 2.5 60
40 Condolea Ct Condo $485,000 2958 3 3 227
13354 Twin Creek Ln Detached $535,000 3134 5 2.5 65
14231 Dolph Ct Detached $650,000 2580 4 2 172
13048 Knaus Rd Detached $749,000 3715 4 3.5 198
13124 Knaus Rd Detached $789,000 3016 3 2.5 188
18284 Meadowlark Ln Detached $1,249,000 5833 5 5.5 468

SOLD (Nov. 7-13, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
191 Oswego Summit #191 $199,000 $189,000 Condo 1506 115
16700 Gary Ln $319,000 $289,000 Detached 1529 37
1637 Laurel St $399,000 $330,000 Detached 1792 453
17071 Rebecca Ln $399,900 $369,000 Detached 2230 129
18180 Pioneer Ct $405,000 $377,250 Detached 2380 107
15601 Manchester Dr $449,950 $424,000 Detached 3302 150
13223 Deerfield Ct $614,900 $598,000 Detached 4008 423

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

Open Houses for 11/13/11

There are 7 houses scheduled to be held open this Sunday. Enjoy.

Address Price Bedrooms Baths Open
4050 Virginia Way $359,000 3 2 1 to 3
4793 Auburn Ln $377,900 3 2.5 12 to 3
15633 Fieldstone Dr $618,950 4 2.5 12 to 2
5533 Fieldstone Ct $628,950 4 2.5 12 to 2
17110 Lowenberg Terr $649,900 4 2.5 1 to 3
15622 Fieldstone Dr $668,950 3 2.5 12 to 2
4767 Dogwood Dr $799,900 4 2.5 2 to 4

Celebrating Veterans and VA loans

With Veteran’s Day occurring this Friday, 11/11/11, it seems appropriate to take a moment to look at the benefits that our Veterans have earned as a result of serving our Country.

VA loans are one of the few remaining sources of 100% financing. The veteran still has to qualify their income and their credit. And the amount of the loan can not exceed the appraised value. The seller can pay up to 4% of the sales price towards the Veteran’s closing costs. And the loan can be as much as $417,000. The Veteran’s credit score must be 620 or greater, which is pretty generous as compared to conventional financing which often requires a score of 650 or higher.

The house must also qualify for the loan by being in structurally sound condition. It does not have to be updated or new. It simply has to be in good enough condition to move right in with no broken windows, peeling paint, or that sort of thing.

This loan is available to Veteran’s for the rest of their lives. It can be used over and over again (only one loan at a time, however). So it is not just for the first-time purchase.

Who is eligible? Veterans, active-duty personnel, certain reservists and National Guard members, surviving spouses of persons who die on active duty or die as a result of service-connected disabilities, spouses of active duty personnel who are missing in action, captured in the line of duty, or forcibly detained by a government or power.

How does it work? The VA guarantees to the lender that if the veteran does not pay his loan the lender will be reimbursed. This means that there is no monthly mortgage insurance on this loan. There is what is called a VA Funding Fee that is usually added to the loan amount. This fee is waived if the Veteran or Service Member is disabled in the line of duty.

In addition to the VA loan, there are a couple of other great programs for Veterans. I highly recommend that if you or one of your relatives are a Vet that you visit HOWNW.com, a website devoted to military homeownership resources. There are many, many programs including the Dreammakers Grant which provides 3 to 1 downpayment assistance up to $5000.

If you are looking for a good lender to help you obtain a VA loan, I want to recommend Naida Paris at Northwest Mortgage Group. I have known and worked with Naida my entire real estate career, 24 years. She is probably the most ethical person in the mortgage lending business. And she is an expert about VA loans.

If you are currently on Active Duty, or if someone you know and care about is on Active Duty, I highly recommend you share with them this link. It is a 5 minute video that explains the Service Members Civil Relief Act. This Act requires that Active Duty military can not be charge more than 6% on their debt. That’s right, even on credit cards, they can not be charged more than 6%. It also protects them from eviction or foreclosure.

Why are VA loans so important to me? Well, I’m the Mom of a Marine (wounded in Afghanistan 5/2010), the wife of a Marine, the daughter of a Sailor, the grand daughter of a Soldier, the daughter-in-law of an Airman, the sister-in-law of an Airwoman, the sister-in-law of 4 Marines, and the Aunt of both a Marine and an Airman. Yep, my family is pretty strongly committed to the values of serving our Country.

If you are a Veteran, I would love to help you obtain your next home.
Dianne

Market Activity Report ~ Oct. 31 – Nov. 6, 2011

In Lake Oswego there were 20 New properties entering the market, 15 in Pending status, and  15 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (Oct. 31-Nov. 6, 2011)

Address List Price # Beds # Bath Total SF Prop Type
3950 CARMAN DR $140,450 2 2.1 1101 CONDO
210 S STATE ST 6 $174,900 2 1 1495 CONDO
1373 BONNIEBRAE DR $209,000 3 2 1393 ATTACHD
6218 NOKOMIS CT $224,900 3 2 1512 DETACHD
3300 WEMBLEY PARK RD $229,000 2 1 2094 DETACHD
18408 DON LEE WAY $246,170 3 1.1 1528 DETACHD
2134 WEMBLEY PARK RD $289,000 3 1.1 1736 DETACHD
5057 W SUNSET DR $299,000 2 2.1 1720 CONDO
668 MCVEY AVE 70 $299,000 3 1.1 992 CONDO
4050 VIRGINIA WAY $359,000 3 2 1344 DETACHD
1590 LARCH ST $365,000 6 2.1 2836 DETACHD
533 2ND ST 110 $415,000 2 2 1274 CONDO
2955 WEMBLEY PARK RD $425,000 3 2.1 2620 DETACHD
2775 VALE CT $429,000 4 2.1 2994 DETACHD
1033 Yates $469,900 4 3.1 2889 DETACHD
2011 RIDGEWOOD LN $550,000 5 3.1 3012 DETACHD
1876 PALISADES LAKE CT $694,900 3 2.1 3178 DETACHD
15468 Boones WAY $724,900 4 2.1 2425 ATTACHD
850 SCHUKART LN $750,000 4 3 4378 DETACHD
18110 SIENA DR $1,278,850 4 3.1 4311 DETACHD

PENDING SALES (Oct. 31-Nov 6, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
5786 WASHINGTON CT $194,400 3 2 1876 DETACHD 20
6062 BURMA RD $203,062 3 2 1875 DETACHD 441
14402 SHERBROOK PL $279,000 3 2.1 2039 DETACHD 299
2125 WEMBLEY PL $330,000 3 2.1 2193 DETACHD 114
1193 TROON RD $370,000 3 2.1 2558 DETACHD 72
4972 SUNTREE LN $379,000 3 2.1 1874 DETACHD 177
46 TOUCHSTONE $399,000 4 3 2271 DETACHD 169
12 YORICK ST $416,000 4 3.1 2428 DETACHD 21
18606 WESTVIEW DR $499,950 3 2.5 2783 DETACHD 105
16925 DEPOT ST $499,950 4 2.1 2631 DETACHD 157
13354 TWIN CREEK LN $545,000 5 2.1 3134 DETACHD 58
17997 BRAEDEN CT $619,680 4 3 2984 DETACHD 907
2941 WESTVIEW CIR $689,000 4 2.1 3075 DETACHD 78
17147 OLD RIVER DR $1,998,000 4 4.2 5961 DETACHD 581
12900 FIELDING RD $4,395,000 6 7.1 7527 DETACHD 33

SOLD (Oct. 31-Nov 6, 2011)

Address List Price # Beds # Baths Total SF Prop Type O/Price Close Price CDOM
96 GALEN ST $53,900 1 1.1 552 CONDO $53,900 $51,900 11
4638 LOWER DR A2 $99,000 2 1.1 1260 CONDO $99,000 $90,000 93
48 EAGLE CREST DR 3B $134,900 2 2 1489 CONDO $134,900 $134,900 37
4473 GOLDEN LN $155,000 2 2.1 1980 CONDO $249,000 $155,000 347
5064 FOOTHILLS DR H $185,000 3 2 1252 CONDO $209,900 $180,000 203
3797 LANEWOOD ST $249,000 3 1 2560 DETACHD $249,000 $239,900 126
3305 UPPER DR $299,999 3 2 1484 DETACHD $324,900 $298,400 172
14 HOTSPUR ST $399,000 4 2.1 2626 DETACHD $399,000 $390,000 5
1991 GREENTREE RD $399,999 3 3 2655 DETACHD $414,999 $397,520 160
3109 DOUGLAS CIR $499,900 3 1.1 3386 DETACHD $599,900 $400,000 647
19487 SW DOGWOOD CT $459,900 5 3 3105 DETACHD $469,900 $444,900 230
727 6TH ST $679,900 4 2 2884 DETACHD $799,950 $655,000 601
13658 PROVINCIAL HILL WAY $749,000 5 4 3853 DETACHD $799,900 $740,000 91
1715 EDGECLIFF TER $1,295,000 4 4.1 4929 DETACHD $1,295,000 $1,125,000 475
1066 Northshore RD $1,195,000 4 5.1 4224 DETACHD $2,395,000 $1,375,000 239

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

Open Houses ~ November 6, 2011

Here are the homes available for you to tour Sunday:

Address L/Price # Beds # Baths Total SF Style Open
5054 FOOTHILLS DR, H $187,000 3 2 1252 TOWNHM 2-4PM
1674 FIRCREST DR $249,500 4 2 1998 DETACHD 1-3PM
6263 SW CHILDS RD $264,900 4 2 1600 DETACHD 2-4PM
17040 FERNWOOD DR $339,000 3 2 1919 DETACHD 2-4PM
1278 HIDE A WAY LN $350,000 4 2.1 2632 DETACHD 1-3PM
4050 VIRGINIA WAY $359,000 3 2 1344 DETACHD 2-4PM
1820 KILKENNY DR $392,000 4 2.1 3040 DETACHD 2-4PM
1657 CAMPUS WAY $399,900 4 3 2292 DETACHD 1-4PM
13020 PRINCETON CT $444,000 4 2.1 3004 DETACHD 1-4PM
1850 EGAN WAY $543,900 6 3.1 4543 DETACHD 1-4PM
14175 TAYLORS CREST LN $595,000 3 3 3250 DETACHD 1-3PM
1931 PARK FOREST CT $599,000 6 4.1 3866 DETACHD 1:30-4PM
5604 GRAND OAKS DR $685,000 5 3 3676 DETACHD 1-3PM
17406 BROOKHURST DR $689,900 5 3.1 3775 DETACHD 2-4PM
4102 CHAD DR $739,000 4 2.1 3054 DETACHD 1-3PM
17930 BLUE HERON DR $750,000 5 4.1 5069 DETACHD 1:30-4PM
17090 CHAPIN WAY $775,000 4 3 3480 DETACHD 12-3:30PM
755 6th ST $825,000 4 3.1 3973 DETACHD 1-4PM
582 9th ST $838,950 3 3.1 2841 DETACHD 1-4PM
568 9th ST $838,950 3 3.1 2825 DETACHD 1-4PM
340 RIDGEWAY RD $899,000 4 3 3796 DETACHD 1-3PM

News & Notes

What’s Happening in Lake Oswego?

* Writing an Ethical Will / A Family Legacy – Marcia Liberson, and ethicist and social worker will lead a 2-part program at the Adult Community Center. It will include personal reflections from your life, and will incorporate values, dreams, advice & promises to share with your family and loved ones.  Nov 2 & 9 from 10AM-12PM

* Community Culture Summit – Enjoy appetizers and discuss Lake Oswego’s Community Culture as a part of the city;s Comprehensive Plan.  5:30PM, November 3rd, at Lake Oswego High School.  For more information CLICK HERE.

* Watercolor Painting Exhibit – There will be an exhibition of Rudy Stevens’ students art at teh West End Building on Nov. 4th from 6-9PM.  The West End Building is located at 41-1 Kruse Way.  Enjoy appetizers and meet the artists!

* Lake Oswego Emergency Preparedness Expo – James Roddey, and aware-winning educator, will share information about how to [prepare today for potential disasters of tomorrow. He will speak on “The Big One” regardingn the apparent inevitability of a major NW earthquake and how to prepare for it, among other preparedness topics such as food and water storage, emergency kits, CPR and more.  November 5th, 1-5PM at the Church of Jesus Christ of Latter Day Saints, 14903 Westlake Drive.

* Friends of Iron Mountain / Invasive Species Removal Day – Bring your shovel and gloves to the Brookside Trailhead on Iron Mountain Blvd. Refreshments will be served, and you will be joining with your neighbors to really make a difference in Lake Oswego.  November 6th from 1-3PM.

*

 

 

 

Market Activity for Oct. 14-30, 2011

In Lake Oswego there were 9 New properties entering the market, 14 in Pending status, and 6 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (Oct. 24-30, 2011)

Address Type Price Sq FT BR Baths
5332 Tualata Ct Detached $199,000 1658 3 1.5
5220 Firwood Rd Detached $234,900 1300 3 2
15275 Boones Way Attached $275,000 1321 2 2
1401 Greentree Circle Detached $325,000 1683 3 2
13125 Vermeer Dr Detached $327,000 2046 4 2.5
1850 Egan Way Detached $543,900 4543 6 3.5
872 Country Commons Detached $599,000 2800 4 2.5
103 Garibaldi St Detached $724,997 3262 4 3.5
507 Ash St Detached $1,100,000 3100 3 3

PENDING SALES (Oct. 24-30, 2011)

Address Type Price Sq Ft BR Baths CDOM
200 Burnham Rd Condo $93,500 959 1 1 12
159 Oswego Summit Condo $159,900 1506 2 2 385
1764 Conifer Dr Detached $295,000 1200 3 1 53
5755 Windfield Loop Detached $324,900 1561 2 2 107
755 5th St Detached $349,000 927 2 1 163
1050 Sunningdale Rd Detached $365,000 1616 3 1.5 62
5192 Coventry Ct Detached $365,000 2259 4 2.5 2
4660 Black Forest Ct Detached $390,000 2157 4 2.5 15
19443 Kokanee Ct Detached $397,000 2807 4 2.5 364
18180 Pioneer Ct Detached $399,500 2380 4 2.5 107
5843 Ridgetop Ct Detached $475,000 2897 4 3 196
16925 Depot St Detached $499,950 2631 4 2.5 150
17665 Kelok Rd Detached $949,500 1820 3 2 66
17554 Greenbluff Detached $999,000 5042 4 4.5+.5 239

SOLD (Oct. 24-30, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
86 Kingsgate Rd F106 $99,000 $78,000 Condo 849 867
3676 Spring Ln 2C $139,900 $130,000 Condo 1762 36
18207 Westminster Dr $409,900 $409,900 Detached 2258 24
3149 Douglas Circle $1,195,000 $950,000 Detached 5237 80
17255 Canal Circle $1,200,000 $1,165,000 Detached 4256 5
2936 Lakeview Blvd $2,100,000 $1,700,000 Detached 4179 120

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

Open Houses for Oct. 30, 2011

This Halloween weekend Lake Oswego has 16 open houses currently scheduled. Enjoy the weekend and have a safe and Happy Halloween.

Address Price Bedrooms Baths Open
221 Cervantes $125,000 2 1.5 1 to 3
6929 Montauk Circle $134,900 2 1 1 to 3
16212 Lake Forest Blvd $249,000 3 2 2 to 4
7 Britten Ct $249,000 4 2 1 to 3
4793 Auburn Ln $377,900 3 2.5 12 to 3
1278 Hide A Way Ln $399,000 4 2.5 1 to 3
13020 Princeton Ct $444,000 4 2.5 12 to 2
6 Sherwood Ct $539,900 4 3 1 to 3
580 Weidman Ct $599,000 5 3.5 1 to 3
14231 Dolph Ct $650,000 4 2 1 to 4
17110 Lowenberg Ter $689,000 4 2.5 2 to 4
17090 Chapin Way $775,000 4 3 12 to 3:30
2650 Glen Eagle Rd $875,000 3 4 12:30 to 2:30
1427 Horseshoe Curve $879,000 2 2 1 to 3
17282 Lake Haven Dr $1,199,000 4 2.5 1:30 to 4
112 Northshore Circle $1,695,000 4 3.5+.5 1 to 5