Tag: new listings

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Market Activity ~ Aug. 22-28, 2011

There were 21 New properties entering the market, 17 in Pending status, and 11 marked as Sold during the last week according to RMLS.  5 out of the 11 Sold were priced at over one million.
See below for further details:

NEWLY LISTED (August 22-28 2011)

Address List Price # Beds # Baths Total SF Prop Type
99 OSWEGO SMT $89,900 2 1.1 1116 CONDO
48 EAGLE CREST DR 3B $134,900 2 2 1489 CONDO
87 OSWEGO SMT $179,900 2 1.1 1116 CONDO
16546 BONAIRE AVE $219,900 3 1 1064 DETACHD
4342 SUNSET DR $224,900 2 2 1055 DETACHD
8 WHEATHERSTONE $239,950 2 2.1 1692 ATTACHD
16430 LAKE FOREST BLVD $249,999 4 1 1342 DETACHD
55 NORTHSHORE RD $279,000 1 1 1574 ATTACHD
55 NORTHSHORE RD $289,000 1 1 1554 CONDO
16700 GARY LN $319,000 3 2.1 1529 DETACHD
1260 LARCH ST $339,500 3 2.1 2310 DETACHD
48 AQUINAS ST $375,000 4 2 2635 DETACHD
1050 SUNNINGDALE RD $375,000 3 1.2 1616 DETACHD
14331 SHERBROOK PL $397,950 3 2 1475 DETACHD
4667 WINTHROP CT $509,000 4 2.1 2235 DETACHD
197 FURNACE ST $535,000 2 2.1 2091 CONDO
2370 PALISADES CREST DR $849,000 4 3.1 4445 DETACHD
17930 BLUE HERON DR $899,000 5 4.1 5069 DETACHD
17655 KELOK RD $979,000 3 2 1820 DETACHD
18253 SIENA DR $1,149,000 5 4 4310 DETACHD
17255 CANAL CIR $1,200,000 5 4 4256 DETACHD

PENDING SALES (August 22-28, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
86 KINGSGATE RD F103 $70,000 2 2 849 CONDO 40
86 KINGSGATE RD F106 $77,900 2 2 849 CONDO 867
582 S STATE ST $115,000 2 1 752 CONDO 133
222 RIDGEWAY RD $127,500 2 1 756 CONDO 19
908 LAKE FRONT RD $229,000 3 1 1398 DETACHD 3
16443 LAKE FOREST BLVD $239,900 3 2 1474 DETACHD 47
839 F AVE $240,000 3 1 1516 DETACHD 8
5139 TUALATA LN $257,900 3 2 1524 DETACHD 6
5368 TREE ST $269,000 3 2.1 1850 DETACHD 121
17653 SCHALIT WAY $299,900 3 2 1463 DETACHD 10
1162 LAKE SHORE RD $349,000 2 1.1 1248 DETACHD 548
312 4TH ST $399,000 2 2.1 1731 ATTACHD 101
5530 BAY CREEK DR $499,900 4 2.1 2958 DETACHD 12
17981 MEADOWLARK LN $529,900 3 2.1 3250 DETACHD 120
4158 CASEY CT $719,000 4 2.1 3385 DETACHD 392
13074 SW KNAUS RD $899,000 5 3.1 4244 DETACHD 25
2936 SW LAKEVIEW BLVD $1,888,000 5 3.1 4179 DETACHD 85

SOLD (August 22-28, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
3684 RED CEDAR WAY $269,900 $255,000 3 2.1 1830 DETACHD 308
2701 GLEN HAVEN RD $375,000 $361,735 2 2 3134 DETACHD 356
29 DEL PRADO ST $384,900 $384,900 4 2 2972 DETACHD 10
45 MORNINGVIEW CIR $475,000 $460,000 3 2.1 2505 DETACHD 7
10 MORNINGVIEW CIR $519,900 $495,000 4 2.1 2850 DETACHD 43
2400 DELLWOOD DR $549,900 $525,000 4 3 3180 DETACHD 875
590 OAK MEADOW DR $1,190,000 $1,050,000 4 4.1 4584 DETACHD 73
1780 RIDGECREST DR $1,200,000 $1,100,000 4 2.1 2694 DETACHD 47
1870 CREST DR $1,450,000 $1,210,000 4 3.1 4598 DETACHD 137
3258 LAKEVIEW BLVD $1,795,000 $1,600,000 3 4.1 4235 DETACHD 33
13961 KNAUS RD $1,999,000 $1,700,000 4 4.2 6614 DETACHD 583

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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Enjoy These Last Days Of Summertime

The kids are getting ready for school, and even though Lake Oswego has such fantastic schools and we love them so much…. you can hear the sighs and see the minivans hitting the road packed to the gills, and last-minute weekend trips to the coast or elsewhere taking precedence over “normal life”.  Here in Lake Oswego, we are taking advantage of every last minute of precious summertime, and we hope that you are too!

Happy Summertime, and be safe in your travels!

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Market Activity for August 15-21, 2011

Last week 13 homes were put onto the market for sale in Lake Oswego, 10 homes accepted offers and became pending, and 12 homes closed escrow to be fully sold.
See below for further details:

NEWLY LISTED (August 15-21, 2011)

Address Type Price Sq FT BR Baths
4390 Sunset Dr Detached $197,500 942 3 1
839 F Ave Detached $240,000 1516 3 1
5139 Tualata Ln Detached $257,900 1524 3 2
5051 Tualata Ln Detached $369,900 1591 4 2
4403 Oakridge Rd Lot 21 Attached $399,900 2004 3 2.5
1193 Troon Rd Detached $415,000 2558 3 2.5
15200 Lily Bay Ct Detached $488,000 3260 4 2.5
17930 Meadowlark Ln Detached $525,000 3300 4 4
48 Becket St Detached $525,000 2485 3 2.5
18009 Braeden Ct Detached $639,000 3224 4 2.5
2941 Westview Circle Detached $689,000 3075 5 2.5
15468 Boones Way Detached 749,000 2425 4 2.5
1647 Englewood Dr Detached $1,595,000 4101 4 5

PENDING SALES (August 15-21, 2011)

Address Type Price Sq Ft BR Baths CDOM
5225 Jean Rd #307 Condo $156,900 1100 2 2 210
13985 Sundeleaf Dr Detached $279,000 1278 3 2 83
5795 Langford Ln Detached $349,500 1687 2 2 9
17737 Overlook Circle Detached $359,900 2250 4 2.5 65
2360 Greentree Rd Detached $379,900 2211 3 2.5 139
17095 Rebecca Ln Detached $379,900 2350 4 3 84
605 4th St Detached $525,000 1880 4 3 30
17682 Marylbrook Dr Detached $529,900 3799 4 2.5 339
19 Juarez St Detached $550,000 3584 3 2.5 169
3168 Douglas Circle Detached $899,900 4331 4 3.5 0

SOLD (August 15-21, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
322 Cervantes $99,990 $99,900 Condo 832 57
668 McVey Ave #74 $145,000 $145,000 Condo 636 139
5 Britten Ct $235,000 $225,000 Attached 1394 57
1981 Mapleleaf Rd $320,000 $300,000 Detached 2015 38
518 5th St $369,000 $305,000 Detached 1426 150
4398 Glacier Lily St $425,000 $318,500 Detached 2936 127
2825 Vale Ct $417,000 $401,000 Detached 2304 31
18132 Westview Dr $620,000 $500,000 Detached 3871 471
17645 Oak Meadow Ln $510,000 $515,000 Detached 3510 392
5115 Denton Dr $719,000 $665,000 Detached 3069 99
528 7th St $999,999 $950,000 Detached 3678 90
1954 Egan Way $1,050,000 $950,000 Detached 3748 323

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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Last week in Lake Oswego there were 20 new listings, 14 houses that went sale pending, and 11 sales that closed.

NEWLY LISTED (July 11-17, 2011)

Address Type Price Sq FT BR Baths
12 Crestfield Ct Condo $50,600 552 1 1
86 Kingsgate Rd F103 Condo $70,000 849 2 2
4 Touchstone $150 Condo $119,500 984 2 2
1716 Aspen Ct Detached $249,900 1528 3 2
1510 Spruce St Detached $269,000 1242 3 2
29 Del Prado St Detached $384,900 2972 4 2
16 Grouse Ter Detached $395,000 2532 3 2.5
19061 Indian Springs Detached $397,900 2341 4 3
18180 Pioneer Ct Detached $405,000 2380 4 `2.5
18927 Kristi Way Detached $424,000 2943 4 2
1872 Kilkenny Dr Detached $424,900 2748 4 3
8 Camelot Ct Detached 449,900 3084 `5 3
5206 Royal Oaks Detached $449,900 2801 5 3.5
45 Morningview Circle Detached $475,000 2505 3 2.5
2091 Summit Dr Detached $475,000 2598 2 2.5
4729 Cambridge Ct Detached $699,000 3056 2 3.5
5604 Grand Oaks Dr Detached $719,000 3676 5 3
17900 Greenbluff Dr Detached $850,000 4210 4 3.5
2348 Oswego Glen Ct Detached $949,900 3848 4 3.5
17951 Meadowlark Ln Detached $1,100,000 5065 4 3.5+.5

PENDING SALES (July 11-17, 2011)

Address Type Price Sq Ft BR Baths CDOM
322 Cervantes Cir Condo $99,900 832 2 1 59
16250 Pacific Hwy #58 Condo $108,000 1305 2 1 6
17635 Demar Way Detached $179,900 1488 3 2 136
5052 Foothills Dr E Condo $200,000 1370 2 2 18
17 Hidalgo St Detached $349,000 3428 4 3.5
3755 Windfield Loop Detached $349,900 1561 2 2 3
4398 Glacier Lily St Detached $350,000 2936 4 2.5 127
4181 Chapman Way Detached $355,000 1808 3 2 18
14204 Kimberly Cir Detached $498,800 2904 3 3.5 13
18132 Westview Dr Detached $500,000 3871 4 3.5 471
5115 Denton Dr Detached $679,000 3069 4 2.5 99
324 9th St Detached $797,750 2743 4 2.5 173
1335 Chandler Rd Detached $1,249,000 3988 4 2.5 438
13961 Knaus Rd Detached $1,750,000 6614 4 4.5+.5 583

SOLD (July 11-17, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
335 Lake Bay Ct $337,000 $308,000 Detached 968 44
1051 Timberline Dr $399,950 $390,000 Detached 2422 21
187 Furnace St $569,000 $435,000 Condo 1927 67
1119 Oak St $524,900 $460,000 Detached 2123 283
2337 Hillside Ln $579,900 $579,900 Detached 4440 0
573 2nd St #308 $874,000 $635,000 Condo 1748 504
1872 Palisades Terr $699,000 $646,836 Detached 4744 211
17610 Brookhurst Dr $729,000 $660,000 Detached 4160 37
17288 Lowenburg Ter $799,900 $710,000 Detached 3467 528
17471 Cardinal Dr $899,900 $890,000 Detached 3181 178
17590 Kelok Rd $1,325,000 $1,325,000 Detached 5650 11

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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Featured Property

12808 Elk Rock Rd

Priced at $924,000, this home has 3980 square feet and was built in 1999.

Today’s featured property is truly unique. The line that divides Clackamas and Multnomah Counties goes right through the house. The house sits primarily in Clackamas County so it has a Lake Oswego address and the lower property taxes associated with Clackamas County. Yet, it also sits in Multnomah County and is associated with the prestigious Dunthorpe neighborhood. Probably best of all, it allows the home owner to choose between two school districts: Riverdale Schools or Lake Oswego Schools.

The home was constructed with quality and features solid-core, 6-panel doors with transom windows, extensive use of hardwood flooring, granite, travertine, and stainless steel. The kitchen has a huge cooking island and enjoys a pantry, an appliance garage, instant hot water, and a convection oven.

The master suite is on the main level and has a two-way fireplace that can be viewed from the bedroom and from the bathroom. There is a door to the side deck that has a built-in hot tub. Also in the master is a convenient second washer and dryer hook up.

There are 4 bedrooms, 3 full baths, and a half bath. Along with the greatroom, there is a family room and a media room. Did I mention the wine cellar? This house has just about every feature you can think of. One of the lower level bedrooms has it’s own sitting room and exterior entrance, so it would be ideal for guests or in-laws.

The house is located on a quiet, dead-end street with very little traffic. The home was custom built for the lot to take advantage of the expansive views of the Willamette River, the mountains, and the lights of the valley at night. You will enjoy watching the sea planes take off and land on the river from nearly every room in the house including the greatroom, the kitchen, the dining room, the master suite, the familyroom, and all of the other bedrooms.

To see more of this house, please click here to enjoy the virtual tour.

I am happy to arrange a viewing of the house if you have interest in seeing the property. Please call me for an appointment at 503-803-6298.

Dianne

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Market Activity ~ July 4 – 10, 2011

Right out of the Fourth of July “gate” there are 18 New properties that have come on the market, 10 in Pending status, and 10 marked as Sold during last week’s 7-day span.
See below for further details (data derived from RMLS):

NEWLY LISTED (July 4-10, 2011)

Address List Price # Beds # Baths Total SF Prop Type
44 EAGLE CREST DR 2 $99,900 1 1 798 CONDO
16250 S PACIFIC HWY 58 $108,000 2 1 1305 CONDO
3802 BOTTICELLI ST $189,900 3 2 1224 ATTACHD
16443 LAKE FOREST BLVD $249,900 3 2 1474 DETACHD
15 CONDOLEA DR $275,000 3 3 2388 CONDO
6301 ALYSSA TER $279,900 3 2.1 1546 CONDO
660 HEMLOCK ST $309,000 3 1.1 1648 DETACHD
18150 BRYANT RD $349,950 3 2 1468 DETACHD
13125 VERMEER DR $359,000 4 2.1 2046 DETACHD
2360 GREENTREE RD $379,900 4 2.1 2211 DETACHD
2125 WEMBLEY PL $399,000 3 2.1 2193 DETACHD
18538 DEERBRUSH AVE $429,900 4 3 2593 DETACHD
2775 VALE CT $479,000 4 2.1 2994 DETACHD
6 DA VINCI ST $499,950 4 3 3261 DETACHD
661 6TH ST $795,000 4 2.1 2741 DETACHD
18231 SIENA DR $994,000 4 3.1 3655 DETACHD
17344 CEDAR RD $995,000 4 2.1 2831 DETACHD
3258 LAKEVIEW BLVD $1,795,000 3 4.1 4235 DETACHD

PENDING SALES (July 4-10, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR 520 $129,900 1 1 768 CONDO 108
12828 SW BOONES FERRY RD $164,500 2 2.1 1136 ATTACHD 103
785 3RD ST $248,000 2 1 1856 DETACHD 11
14 HILLSHIRE DR $350,000 3 2.1 2800 DETACHD 206
1435 NELSON CT $359,900 4 2.1 1989 DETACHD 15
1249 LARCH ST $421,900 4 4 3644 DETACHD 21
1021 YATES $469,900 3 2.1 1985 DETACHD
1210 WELLS ST $475,000 6 3.1 4494 DETACHD 132
2400 DELLWOOD DR $549,900 4 3 3180 DETACHD 875
220 5TH ST $898,000 4 3 3187 DETACHD 271

SOLD (July 4-10, 2011)

Address O/Price Close Price # Beds # Baths Prop Type Total SF CDOM
8 CONDOLEA DR $279,000 $220,000 2 2 CONDO 1312 121
5110 LAKEVIEW BLVD $239,500 $235,000 3 2 DETACHD 1340 455
6367 HIAWATHA CT $329,900 $317,000 3 2 DETACHD 2230 3
9 CHURCHILL DOWNS $339,900 $335,000 3 0.2 DETACHD 1914 13
4869 SAGE HEN WAY $609,900 $498,000 5 2.1 DETACHD 2863 150
4018 COHO LN $899,900 $750,000 4 4.1 DETACHD 4777 302
620 9TH ST $799,000 $765,000 3 3.1 DETACHD 2780 213
4679 DOGWOOD DR $799,900 $774,485 5 3.2 DETACHD 4351 409
13136 Knaus RD Lot 3 $794,900 $876,324 4 3.1 DETACHD 3504
17330 CEDAR RD $1,195,000 $1,104,491 4 3.1 DETACHD 2655 5

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity for June 27-July 3, 2011

Even with the holiday weekend, the real estate market was fairly active. We tend to slow down when we compete with the nice weather. Last week brought 11 new listings, 10 pending sales, and 14 closed sales.
See below for further details (data derived from RMLS):

NEWLY LISTED (June 27-July 3, 2011)

Address Type Price Sq FT BR Baths
47 Greenridge Ct Attached $124,500 1176 2 1.5
4 Touchstone #120 Condo $129,900 1351 3 2.5
5052 Foothills Dr E Condo $200,000 1370 2 2
5880 Rockwood Ct Detached $300,000 1763 3 2
4401 Oakridge Rd Lot 22 Attached $323,010 1692 2 2.5
14204 Kimberly Circle Detached $498,800 2904 3 3
17261 Kelok Rd Detached $599,900 2340 3 2
919 Lake Shore Rd Detached $625,000 1817 3 2
12808 Elk Rock Rd Detached $924,000 3980 4 3.5
16661 Phantom Bluff Ct Detached $4,900,000 5143 6 6.5
1024 N Shore Rd Detached $5,250,000 7000 5 5.5

PENDING SALES (June 27-July 3, 2011)

Address Type Price Sq Ft BR Baths CDOM
194 Ridgeway Rd 11B Condo $169,900 1659 3 1 237
5311 Tualata Ct Detached $249,000 1387 3 1.5 73
122 Kingsgate Rd Detached $289,950 1846 3 2.5 5
1960 Mapleleaf Rd Detached $299,900 1426 3 2 244
16950 Lakeridge Dr Detached $399,000 2346 4 2.5 53
187 Furnace St Condo $469,000 1927 2 2.5 67
18034 Westview Dr Detached $548,950 3619 4 2.5 120
13254 Twin Creek Ct Detached $599,500 3470 3 2.5 56
4169 Casey Ct Detached $749,000 3770 4 3.5 83
1954 Egan Way Detached $1,050,000 3748 3 2.5 323

SOLD (June 27-July 3, 2011)

Address Orig. Price Sold Price Type Sq Ft CDOM
16250 Pacific Hwy #81 $99,000 $80,000 Condo 841 167
200 Burnham Rd #201 $110,000 $90,000 Condo 897 167
246 Ridgeway Rd 17B $125,000 $112,000 Condo 753 59
4235 Harvey Way $395,000 $250,000 Detached 1384 588
1740 Kilkenny Dr $299,950 $253,000 Detached 2000 45
8 Mountain Circle $267,000 $267,000 Attached 1316 45
11 Condolea Dr $385,000 $372,000 Condo 2157 265
4699 Oakridge Rd lot 6 $376,380 $375,000 Attached 1738 78
150 Iron Mountain $449,900 $396,000 Detached 2868 25
5321 Amberwood Ct $676,000 $575,000 Detached 3315 288
1969 Palisades Terrace $725,000 $685,000 Detached 3930 228
520 C Ave $700,000 $700,000 Attached 3242 0
2133 Hazel Rd $1,090,000 $1,025,000 Detached 4099 380
14001 Goodall Rd $1,329,000 $1,245,000 Detached 5397 48

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Market Activity June 20 – 26, 2011

There are 20 New properties that have come on the market, 12 in Pending status, and 12 Sold during last week’s 7-day span. 
See below for further details (data derived from RMLS):

NEWLY LISTED (June 20-26, 2011)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY 43 $77,380.0 2 3 822 CONDO
26 CERVANTES CIR $139,900.0 2 1.1 912 CONDO
785 3RD ST $248,000.0 2 1 1856 DETACHD
6218 NOKOMIS CT $267,900.0 4 2 1512 DETACHD
16784 ROOSEVELT AVE $279,900.0 4 2 1787 DETACHD
1674 FIRCREST DR $309,000.0 4 2 1998 DETACHD
2803 ORCHARD HILL PL $329,900.0 3 2.1 1856 DETACHD
1685 CLOVERLEAF RD $389,000.0 3 2.1 1718 DETACHD
5108 GREENSBOROUGH CT $399,900.0 3 2.1 2396 DETACHD
2825 VALE CT $417,000.0 4 2 2304 DETACHD
16695 GLENWOOD CT $469,900.0 4 3 3060 DETACHD
13070 BOONES FERRY RD $499,900.0 3 1 1297 DETACHD
4098 BUCK BRUSH LN $539,900.0 5 4 4672 DETACHD
149 DEL PRADO ST $550,725.0 4 3.1 3266 DETACHD
1159 TYNDALL CT $639,000.0 3 3.1 4334 DETACHD
6 SHERWOOD CT $675,000.0 4 3 3133 DETACHD
14124 HEATHROW LN $725,000.0 4 3.1 3812 DETACHD
705 10TH ST $1,399,000.0 4 3.1 4818 DETACHD
17860 CRESTLINE DR $1,500,000.0 4 5.2 6810 DETACHD
13455 KNAUS RD $2,495,000.0 5 5.1 7634 DETACHD

PENDING SALES (June 20-26, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
6062 BURMA RD $231,480.00 3 2 1875 DETACHD 309
4235 HARVEY WAY $259,000.00 3 2 1384 DETACHD 588
3077 DIANE DR $299,000.00 4 1.1 2634 DETACHD 23
19200 MAREE CT $300,000.00 3 2 1563 DETACHD 113
14372 CAMDEN LN $399,900.00 3 2.1 2348 DETACHD 74
133 FURNACE ST $469,000.00 2 2.1 1927 CONDO 429
573 2ND ST 308 $635,000.00 2 2.1 1748 CONDO 504
657 9TH ST $689,000.00 3 2.1 2812 DETACHD 13
190 FURNACE ST $700,000.00 5 4.1 4022 DETACHD 414
520 C AVE $700,000.00 4 4 3242 ATTACHD 0
18020 SKYLAND CIR $895,000.00 4 3.1 3210 DETACHD 98
17700 UPPER CHERRY LN $2,375,000.00 5 5.1 6907 DETACHD 315

SOLD (June 20-26, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
44 EAGLE CREST DR 8 $87,000 $52,000 2 1 908 CONDO 140
200 BURNHAM RD 406 $124,900 $105,000 2 1 1216 CONDO 990
16250 PACIFIC HWY 71 $129,900 $106,000 2 2 1305 CONDO 50
20 CERVANTES CIR $136,500 $130,000 2 1.1 912 CONDO 34
16200 PACIFIC HWY 17 $275,000 $160,000 2 2 1200 CONDO 626
5215 MADRONA ST $250,000 $205,000 3 2 1325 DETACHD 105
14588 WILMOT WAY $369,900 $360,000 5 3 2238 DETACHD 1
17017 CANAL CIR $375,000 $375,000 4 2.1 2665 DETACHD 48
36 NORTHVIEW CT $449,000 $410,000 3 3.1 2573 ATTACHD 176
39 BECKET ST $429,000 $429,000 4 3.1 4746 DETACHD 6
18260 RIVER EDGE CT $789,000 $750,000 4 3.1 4711 DETACHD 160
842 6TH ST $919,500 $850,000 4 3.1 3840 DETACHD 180

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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~Make Your Momma Proud~ (or… How To Act in an Open House)

It’s summertime and we’re all kicking off our shoes enjoying the warmer temperatures & the feeling of less restriction overall.  Kids are lounging, we’re eating later & the sun is out… till 9:00!!  I love summertime…  something about the relaxed feeling of everyday life (while we’re not rushing around that is…) is just so pleasing. Reminds me of childhood I suppose, and the absence of school for a few months.

While we’re all a bit more laid-back, there are a few things to remember when you’re out on a Sunday (or Saturday) and touring Open Houses.  I thought it might be helpful to list some do’s & don’ts just for fun:

* You may be encountering a Realtor, or an Owner.  Either way, get out your best manners and make sure to ask if you may entere with shoes.

* If shoes are welcomed, please remember to wipe your feet, and if wearing stiletto heels, take them off anyway as a courtesy. Some wood floors will receive permanent indents from heels… pine, other soft woods, etc… and what a horrible feeling that would be to notice as you look backward!

* When meeting the Owner, remember that this is his or her beloved “home”, and keep any negative comments to yourself.  Leave that kind of delicate conversation to the Realtors.

* When meeting the Listing Agent, make sure to announce if you are already working with your own Realtor.  They will not mind at all, and in fact will appreciate your information greatly (Your Realtor will appreciate it too!).

* Remember not to divulge your innermost secrets to the Agent or Owner.  Your motivations for your own home sale & your subsequent purchase and other personal details are your own business, and sometimes information divulged in this preliminary stage while your Realtor is not there with you can come back to haunt you when you are in the negotiating phase.  You have every right to know all kinds of things pertinent to the home itself, and they have a right to know basically who you are, and that perhaps you might be interested in the home and plan to talk with your agent about another showing with him or her. Alternately, perhaps you think it’s a lovely home but it will just not suit your particular needs., and this is perfectly fine to communicate, and appreciated by Sellers and Agents alike.

* If you have voiced that the home will not work for you (don’t forget to to throw in a compliment or two anyway!) and are asked to share feedback on the home, feel free to do so.  Just remember to be polite.  Good feedback can come in handy for their selling process.

* If you are a neighbor and “just looking”, let this be known as well.  No one will mind at all, and you may want to mention that you are happy to pass information about this great home on to friends of yours whom you might enjoy having nearer to you.

* If you are looking for a home for yourself, bring a notepad and do ask pertinent questions about the home.  If you forget a notepad, utilize a flyer to make notes.  This comes in handy later when you are trying to remember characteristics of various homes.  When you see a lot of homes our brains have a difficult time distinguishing important details without this kind of reference.

* Ask before snapping photos or taking videos.

* Do not bring food or drinks into the home with you, and do not assume that beverages in the refrigerator are there for your consumption.

* Speaking of opening cabinets, closets and refrigerators, this is a really good idea so that you can see how much space there really is for storage. Some bedrooms look as though they have a lot of closet space until you open the doors and find that the closet is a foot deep and doesn’t span all the way from side to side.  The same is true for pantries etc.

* Opening drawers is fine as well, let’s say, in the kitchen… but when in peoples’ bedrooms and personal bathrooms, use your good judgment and do not open drawers and medicine cabinets at all.  Privacy is to be respected, and you do not want to be accused of taking anything such as jewelry or medicines either (this has been known to happen). Most Sellers will remove personal items, but some will not.  Just mind your P’s & Q’s and respect privacy in these areas.  If you decide you want to make an offer on this home, there will be plenty of time to inspect drawers in these areas further down the line.

* Refrain from using the restroom unless it is absolutely necessary.  If it is, remember that people will be following you with the idea of possibly purchasing this home after you exit.  Be kind to the Seller and leave everything tidy & fresh.

* If you are bringing children into the home, be extra vigilant and do not allow them to run through it or play on the couches or take food or drink from the refrigerator.  Treat the experience with the care you would appreciate if it were your home, and keep the environment welcoming for others who are also there & perhaps pondering purchase.

* No pets, please.

I hope these ideas were helpful & good food for thought.

Happy house-hunting!

Linda

PS- I am holding my listing at 979 Devon Lane Open this SATURDAY from 1 4 PM with LIVE MUSIC and hopfully clear skies for views of Mt Hood & Mt Adams!  Come say hi & listen to some great tunes with Michael Mandrell,  Mimy, and Jimmy Free.  I can’t wait!!

Posted on

Values on the Lake

As a Realtor in Lake Oswego, one of the most common questions I hear is “How much does it cost to buy a house on the Lake?” Now that the lake is full, and the sun is coming out, it seems like a good time to do a little analysis and answer this question.

There are 3 distinct types of water front property: canals, bays, and the main lake. The values are specific for these 3 areas. The canals have more shallow water and houses that face one another from one side of the canal to the other. These properties typically have the lowest values. There are 2 bays, one at each end of the lake, and these bays are shallow, but wide enough for water skiing. The main lake is by far the most valuable. Spectacular is the word that comes to mind. If you can afford it, this is the most beautiful setting.

Canals
There are currently 3 houses for sale on canals. The least expensive is $649,000 and the most expensive is $949,000.

There are 4 canal properties that are pending sales. The least expensive is listed for $749,000 and the most expensive is listed for $1,499,000.

In the last 12 months, 4 canal properties have sold and closed. The least expensive was sold for $510,000 and the most expensive was sold for $845,000.

Bays

There are 5 houses for sale on either of the two bays. The least expensive is listed for $599,000 and the most expensive is listed for $2,300,000.

One house on a bay is a pending sale that was listed for $950,000.

2 houses located on either bay are closed sales from the last 12 months. The least expensive was sold for $625,000 and the most expensive sold for $800,000.

Main Lake

23 houses on the main lake are currently for sale. The least expensive is offered at $924,900 and the most expensive is offered at $15,000,000.

1 house on the main lake is in “bumpable buyer” position. This means that a buyer has made and had an offer accepted that is subject to the sale of their current home. The list price on this house is $1,595,000.

4 houses on the main lake are sale pending. The least expensive was offered at $879,000 and the most expensive was offered at $1,985,000.

11 main lake houses became closed sales in the last twelve months. The least expensvie was sold for $300,000. (Really, an incredible value, probably reflecting land value. It was a short sale that was on the market for nearly a year. I do not know the details of this sale, but logic tells me that there were likely extreme structural or condition issues.) The most expensive was sold for $1,900,000.

Analysis

So to answer the question “What does it cost to buy a home on the Lake?”, with this information I’d suggest it costs about $500,000 to $845,000 to buy a house on a canal; it costs about $625,000 to $800,000 to buy on a bay; and to get on the main lake, you might find a screaming deal for $300,000, but you can go as high as $1,900,000.

Notes

There has not been a closed sale over $2,000,000 in the last 12 months, yet of the 23 houses on the main lake currently for sale, 12 are listed for more than $2,000,000. This tells me that there are 12 home owners who are up against this economy in a very hard way.

The most expensive house for sale on the main lake is Jantzen Island, a 5 acre private estate. It has been in the news of late because the current owner, Jerry Stubblefield who founded Avia Shoes, and Chris Dudley, last year’s Republican candidate for Governor, are involved in a lawsuit over a 3.75 million dollar loan and ownership of Oregon’s most prestigious piece of real estate. The house was built in 1930, it has 13,500 square feet with 4 bedrooms, 6 full baths, and 2 half baths.

There is only one house for sale right now on the main lake that is priced at less than a million dollars. It’s a 1938 Tudor with 2889 square feet, 4 bedrooms, 3 full and 1 half baths, and it is neither a foreclosure or a short sale. If I were in the betting state of mind, I’d predict that this house will go pending long before the $2,300,000 house offered for sale on one of the bays.

I hope you find this information helpful. Give Linda or myself a call if you have any questions,
Dianne