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!

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

Open Houses for 8/21/11

Taking advantage of the beautiful weekend, Sunday will be a great day to get out and see any and all of the 31 houses being held open in Lake Oswego. Enjoy!

Address Price Bedrooms Baths Open
5054 Foothills Dr 69E $200,000 3 2 11 to 1
16890 Cortez Ct $299,500 4 3 1 to 4
5880 Rockwood Ct $300,000 3 2 2 to 4
1053 Hallinan St $309,000 3 2.5 1 to 4
2803 Orchard Hill Pl $329,900 3 2.5 12 to 3
1561 Woodland Terr $350,000 3 2.5 1 to 3
14423 Orchard Springs Rd $369,900 3 2.5 1:30 to 4
4750 Auburn Ln $425,000 4 3.5 1 to 4
19521 Dogwood Ct $469,900 5 2.5 10 to 5
19487 Dogwood Ct $479,900 4 3 10 to 5
5530 Bay Creek Dr $499,900 4 2.5 1 to 3
19285 Megly Ct $519,900 5 3 10 to 5
17705 Treetop Ln $525,000 5 3 2 to 4
19333 Dogwood Ct $529,900 5 3 10 to 5
18034 Westview Dr $548,950 4 2.5 12 to 2
19240 Megly Ct $549,900 5 3.5 10 to 5
13615 Knaus Rd $575,000 2 2 1 to 4
5542 Dunmire Dr $579,900 4 2.5 10 to 5
5515 Dunmire Dr $599,900 4 3 10 to 5
5511 Fieldstone Ct $623,950 4 2.5 2:30 to 4:30
13020 Knaus Rd $639,000 3 2.5 2 to 4
15622 Fieldstone Dr $678,950 3 2.5 2:30 to 4:30
14231 Dolph Ct $685,000 4 2 1 to 4
2941 Westview Circle $689,000 5 2.5 1 to 3
14124 Heathrow Ln $725,000 4 3.5 12 to 3
17392 Bergis Farm Dr $799,950 4 3.5+.5 3 to 5
17503 Cherry Ct $799,950 4 3.5 1 to 3
17090 Chapin Way $839,500 3 3 12 to 3
215 Chandler Pl $895,000 3 2.5 1 to 4
18308 Meadowlark Ln $1,425,000 4 3.5+.5+.5 1 to 3

LO Helps the Homeless

One of the perceptions that I work to address here at the blotter is that Lake Oswego is a community of the wealthy and the rich. Yes, we have more than the average number of million dollar houses. But we also have homes that are less expensive and even people who are struggling with homelessness. We are a diverse community with diverse needs.

In 1998 six churches in Lake Oswego formed the Lake Oswego Transitional Shelter Ministry to address homelessness. The first shelter was opened in 2001 at the Lake Oswego United Church of Christ, and a second shelter was opened a few years later at the United Methodist Church. Both shelters are supported by all of the churches involved which also includes Church of Christ, Scientist, Our Lady of the Lake Catholic, Christ Episcopal, Lake Grove Presbyterian, and Our Savior’s Lutheran.

The shelters provide housing to families for 3 to 6 months while they get on their feet after whatever brought them to homelessness. Families are pre-screened by Clackamas County Social Services and the Annie Ross House Outreach Program. They are aided by counselors who help them to find employment and break the cycle of homelessness. Volunteers from the churches involved drop in daily to provide a ride, a listening ear, and when needed, advice.

Over the years that I have lived in Lake Oswego I have known people who struggled to keep food on the table and who lived economically on the edge. This community is not just a community of the wealthy. It really is a cross section of humanity. I am proud that within the community there are programs to aid those in need.

Dianne

Market Activity ~ August 8-14, 2011

There were 13 New properties entering the market, 22 in Pending status, and 7 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (August 8-14, 2011)

Address List Price # Beds # Baths Total SF Prop Type
18523 HALLBERG CT $268,000 3 1.1 1300 DETACHD
16890 CORTEZ CT $299,500 4 3 2016 DETACHD
17653 SCHALIT WAY $299,900 3 2 1463 DETACHD
5795 LANGFORD LN $349,500 2 2 1687 DETACHD
840 LAKE FOREST DR $399,900 3 2.1 2306 DETACHD
4700 LOWER DR $399,900 3 2.1 1747 DETACHD
5530 BAY CREEK DR $499,900 4 2.1 2958 DETACHD
17705 TREETOP LN $525,000 5 3 3428 DETACHD
13437 PROVINCIAL HILL WAY $639,900 4 2.1 2833 DETACHD
1876 PALISADES LAKE CT $697,900 3 2.1 3178 DETACHD
5015 DENTON DR $699,900 4 2.1 3309 DETACHD
16161 PARELIUS CIR $899,900 4 2.1 4018 DETACHD
3140 CHILDS RD $1,995,000 5 5.1 6449 DETACHD

PENDING SALES (August 8-14, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
104 OSWEGO SMT $79,900 1 1 764 CONDO 9
4000 CARMAN DR 101 $119,000 2 2 869 CONDO 5
750 1ST ST D22 $140,000 2 2 1350 CONDO 82
3101 MCNARY PKWY 12 $145,000 2 2.1 1363 CONDO 202
4454 THUNDER VISTA LN $155,000 2 2.1 2060 CONDO 158
17 WALKING WOODS DR $320,000 3 3 2915 DETACHD 55
2089 GLENMORRIE DR $339,000 2 2 1551 DETACHD 412
15380 TWIN FIR RD $339,900 3 3 1865 DETACHD 44
4705 LAKEVIEW BLVD $419,900 4 2.1 2700 DETACHD 178
760 TIMBERLINE DR $425,000 5 3 3058 DETACHD 228
2375 DELLWOOD DR $449,000 4 3 3690 DETACHD 169
2091 SUMMIT DR $475,000 2 2.1 2598 DETACHD 29
15180 BOONES WAY $499,900 5 3.1 3961 DETACHD 57
17911 HILLSIDE DR $569,000 4 3 3330 DETACHD 11
17267 KELOK RD $599,900 3 2 2340 DETACHD 40
19124 MEGAN PL $649,900 5 2.1 3584 DETACHD 104
554 5TH ST $659,000 3 3.1 2166 ATTACHD 177
727 6TH ST $699,900 4 2 2884 DETACHD 564
17170 WALL ST $719,900 4 3.1 3446 DETACHD 149
3149 DOUGLAS CIR $995,000 5 3.2 5237 DETACHD 80
17860 CRESTLINE DR $1,400,000 4 5.2 6810 DETACHD 51
3258 LAKEVIEW BLVD $1,795,000 3 4.1 4235 DETACHD 33

SOLD (August 8-14, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
668 MCVEY AVE 14 $94,500 $58,500 1 1 636 CONDO 139
5052 FOOTHILLS DR E $200,000 $185,000 2 2 1370 CONDO 18
2294 CREST DR $269,900 $257,000 3 0.2 1300 DETACHD 18
122 KINGSGATE RD $289,950 $289,950 3 2.1 1846 DETACHD 5
1435 NELSON CT $375,000 $365,000 4 2.1 1989 DETACHD 15
13254 TWIN CREEK CT $599,500 $580,000 3 2.1 3470 DETACHD 56
5160 Woodcrest LN lot 3 $691,488 $702,765 4 3.1 3575 DETACHD 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

Open Houses ~ August 14, 2011

It should be a lovely day to tour Open Houses!

Here’s what is on the line-up according to RMLS.

Enjoy!

Address L/Price # Beds # Baths Total SF Style Open
18150 BRYANT RD $309,000 3 2 1468 DETACHD 12-3PM
1561 WOODLAND TER $350,000 3 2.1 2184 DETACHD 3-5PM
18538 DEERBRUSH AVE $429,900 4 3 2593 DETACHD 1-5PM
12 SCARBOROUGH DR $464,900 4 2.1 2892 DETACHD 1-3PM
17177 CHAPIN WAY $479,000 3 2 1764 DETACHD 1-3PM
4 NANSEN SMT $479,900 4 2.1 3255 DETACHD 12-2PM
3815 SOUTHSHORE BLVD $538,000 4 2 2638 DETACHD 2:30-4:30PM
919 LAKE SHORE RD $599,000 3 2 1817 DETACHD 1-3PM
2011 RIDGEWOOD LN $615,000 5 3.1 3012 DETACHD 12-2PM
5511 FIELDSTONE CT $623,950 4 2.1 3037 DETACHD 2:;30-4:;30PM
5533 FIELDSTONE CT $633,950 4 2.1 3115 DETACHD 2:30-4:30PM
15622 FIELDSTONE DR $678,950 3 2.1 3113 DETACHD 2:;30-4:30PM
5015 DENTON DR $699,900 4 2.1 3309 DETACHD 11AM-1PM
17426 BERGIS FARM DR $894,500 4 3.1 4444 DETACHD 12-2PM
18308 MEADOWLARK LN $1,425,000 4 3.3 7341 DETACHD 2-4PM

Sundeleaf Plaza

The City of Lake Oswego is in the final stages of completing the city’s newest park, Sundeleaf Plaza. The park is centrally located on State Street between the Lake Theatre and Millennium Plaza Park.

Only just a few years ago the lake could not be seen from downtown. In fact, there were no public access points at all. With the construction of Millennium Plaza Park in 2000, and now Sundeleaf Plaza in 2011, the lake is accessible to the public and views of the lake can be enjoyed by those passing through town on Hwy 43.

The plaza is named in honor of Richard Sundeleaf, a prominent Oregon Architect. Mr. Sundeleaf lived in Lake Oswego for a number of years and 9 homes that he built are listed on the City of Lake Oswego’s landmark designation list, including his own home on Phantom Bluff.

Mr. Sundeleaf also built a number of commercial buildings in Lake Oswego including the Lakewood Center, the Lake House Restaurant, the Lake Theatre, and the Murphy real estate building (currrently home to Starbuck’s). His style combined Arts and Crafts with Tudor to create a charming style that had a huge influence on the “village” atmosphere so prominent in Lake Oswego.

The new plaza has views of Lakewood Bay, and a lakeside promenade. The Lake Theatre next door is remodeling to allow for lakeside dining and use of an outdoor fireplace that faces the plaza.

This plaza is a great addition to the many outdoor spaces to be enjoyed in Lake Oswego. It’s another great reason that Lake Oswego stands out as a wonderful community to live in.

Market Activity ~ Aug 1-7, 2011

There were 17 New properties entering the market (same number as the previous week), 8 in Pending status, and 9 marked as Sold during the last week according to RMLS.
See below for further details:

NEWLY LISTED (August 1-7, 2011)

Address List Price # Beds # Baths Total SF Prop Type
104 OSWEGO SMT $79,900 1 1 764 CONDO
4 CRESTFIELD CT $93,600 2 1 923 CONDO
4000 CARMAN DR 101 $119,000 2 2 869 CONDO
222 RIDGEWAY RD $127,500 1 1 756 CONDO
3676 SPRING LN 2C $139,900 2 2.1 1762 CONDO
45 EAGLE CREST DR 514 $199,000 1 1.1 1046 CONDO
490 G AVE $369,000 5 2 2126 DETACHD
655 7TH ST $375,000 3 1.1 1558 DETACHD
14466 HOLLY SPRINGS RD $399,000 5 3 2238 DETACHD
85 LAUREL ST $385000 – $420000 5 3 2820 DETACHD
32 WESTRIDGE DR $549,000 4 2.2 3614 DETACHD
17911 HILLSIDE DR $569,000 4 3 3330 DETACHD
4637 HASTINGS PL $669,900 4 2.1 3568 DETACHD
17196 KELOK RD $749,900 5 3.1 4384 DETACHD
17410 UPPER CHERRY LN $849,500 4 3.2 4586 DETACHD
17426 BERGIS FARM DR $894,500 4 3.1 4444 DETACHD
1267 MAPLE ST $899,000 4 2.1 3388 DETACHD

PENDING SALES (August 1-7, 2011)

Address List Price # Beds # Baths Total SF Prop Type CDOM
12 CRESTFIELD CT $50,600 1 1 552 CONDO 21
668 MCVEY AVE 14 $65,000 1 1 636 CONDO 139
1400 BONNIEBRAE DR $130,000 2 1 864 ATTACHD 436
710 BRIERCLIFF LN $299,900 3 2.1 1906 DETACHD 86
5755 Windfield LOOP $349,900 2 2 1561 DETACHD 22
764 2ND ST $375,000 3 2.1 1548 DETACHD 46
4155 CANAL RD $779,000 4 2.1 3736 DETACHD 56
590 OAK MEADOW DR $1,090,000 4 4.1 4584 DETACHD 73

SOLD (August 1-7, 2011)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
194 RIDGEWAY RD 11B $169,900 $169,900 3 1 1659 CONDO 237
17950 KELOK RD $319,000 $226,000 3 2 2376 DETACHD 168
3077 DIANE DR $299,000 $277,000 4 1.1 2634 DETACHD 23
785 3RD ST $248,000 $290,150 2 1 1856 DETACHD 11
1960 MAPLELEAF RD $379,900 $299,900 3 2 1426 DETACHD 244
16950 LAKERIDGE DR $399,000 $385,000 4 2.1 2346 DETACHD 53
762 3RD ST $795,000 $745,000 3 2.1 2590 DETACHD 0
583 2ND ST $849,000 $849,000 2 2.1 2304 CONDO 35
1335 CHANDLER RD $1,249,000 $1,150,000 4 2.1 3988 DETACHD 438

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 ~ Aug. 7, 2011

What a gorgeous day it promises to be!

Enjoy touring any of these whopping 36 homes to be held Open according to RMLS.

Here are the details:

Address L/Price # Bdrms # BathS Total SF Style Time
5880 ROCKWOOD CT $300,000 3 2 1763 DETACHD 2-4PM
1502 COUNTRY CLUB RD $334,900 3 3 2748 DETACHD 12-2PM
15380 TWIN FIR RD $339,900 3 3 1831 DETACHD 1-3PM
3311 FIR RIDGE RD $359,000 3 2.1 2112 DETACHD 2:;30-4:30PM
16250 PACIFIC HWY #70 $374,500 2 2 1380 CONDO 1-3PM
1710 MEADOWS DR $375,000 3 2 1677 DETACHD 2-4PM
1820 KILKENNY DR $399,900 4 2.1 3040 DETACHD 2-4PM
1991 GREENTREE RD $414,999 4 3 2655 DETACHD 1-3:30PM
19521 SW DOGWOOD CT $469,900 5 2.1 2953 DETACHD 10AM-5PM
31 TOUCHSTONE $475,000 5 3 3183 DETACHD 1-3PM
19487 SW DOGWOOD CT $479,900 4 3 3105 DETACHD 10AM-5PM
16884 SUMMER PL $489,900 4 2.1 2911 DETACHD 1-3PM
5843 RIDGETOP CT $499,950 4 3 2897 DETACHD 12-2PM
19285 MEGLY CT $524,900 5 3 3275 DETACHD 10AM-5PM
19333 SW DOGWOOD CT $529,900 5 3 3234 DETACHD 10AM-5PM
19240 MEGLY CT $554,900 5 3.1 3633 DETACHD 10AM-5PM
5542 DUNMIRE DR $579,900 4 2.1 3204 DETACHD 10AM-5PM
5428 SOUTHWOOD DR $586,000 4 3 3302 DETACHD 1-4PM
5515 DUNMIRE DR $599,900 4 3 3287 DETACHD 10AM-5PM
5698 LA MESA CT $600,000 4 2.1 2650 DETACHD 1-3PM
5511 FIELDSTONE CT $623,950 4 2.1 3037 DETACHD 11:30AM-1:30PM
5533 FIELDSTONE CT $633,950 4 2.1 3115 DETACHD 11:30AM-1:30PM
1931 PARK FOREST CT $649,900 6 4.1 3866 DETACHD 12-3PM
554 5TH ST $659,000 3 3.1 2166 TOWNHSE 1:30-4PM
556 5TH ST $659,000 3 3.1 2166 TOWNHSE 1:30-4PM
15622 FIELDSTONE DR $678,950 3 2.1 3113 DETACHD 11:30AM-1:30PM
5604 GRAND OAKS DR $699,000 5 3 3676 DETACHD 1-4PM
4158 CASEY CT $719,000 4 2.1 3385 DETACHD 2-3:30PM
17392 BERGIS FARM DR $799,950 4 3.2 4734 DETACHD 1-3PM
17503 CHERRY CT $799,950 4 3.1 4200 DETACHD 3-5PM
850 SCHUKART LN $829,900 4 3 4378 DETACHD 1-3PM
2650 GLEN EAGLES RD $875,000 3 4 3112 DETACHD 1-3PM
4160 LAKEVIEW BLVD $959,000 4 4.1 3904 DETACHD 1:30-4PM
16828 ALDER CIR $1,145,000 3 2 2362 DETACHD 2-4PM
18024 SKYLAND CIR $1,299,000 4 3.2 4131 DETACHD 2-4PM
18308 MEADOWLARK LN $1,425,000 4 3.3 7341 DETACHD 2:30-4:30PM

News & Notes

*JOBS: Moving to Lake Oswego and looking for a job?

– The City of Lake Oswego has several openings.  Check them out HERE.

– Parks and Recreation job openings can be found HERE.

* BANK-OWNED PROPERTIES: Dianne and I work with a wide array of clients, and each client is different; looking for a solution to their own unique circumstance.  That said, one thing that everyone seems to ask about these days is “bank-owned” or REO properties.  Yes, these are available in Lake Oswego, and the appeal is that they are almost always under market value.  These properties have either gone through the short-sale phase unsuccessfully (they didn’t sell while listed as short-sale), or have just gone straight back to the bank and therefore appear as a new property on the market where the Seller is the Bank.

I usually talk with clients about the fact that they are really looking for a *home* that meets their needs… both monetary and otherwise (location/school/amenities/lot size/number of bedrooms & other criteria), and so I focus on the whole picture as there are so many good “deals” on the market right now whether they are bank-owned or not.  AND, bank-owned properties, if they fit your other needs, are a great resource when you’re looking at the financial side.

Below you’ll find the bank-owned properties on the market in Lake Oswego right now, as well as the ones that have Sold in the last 30 days.  I included some basic directions in case you wanted to drive by and see if any of these interest you. ***Of course, do not drive in the driveways or otherwise disturb the new owners of the ones in the “Sold” category : )

To answer a question that always seems to come up: If a house shows a lower List Price than Sold Price this can have multiple reasons including seller-paid concessions (closing costs etc), multiple offers & therefore “bidding up” on price, etc.

Hopefully this is a good reference-resource for you. Happy August!

Address List Price Sold Price # Beds # Baths Total SF Style Directions
ACTIVE BANK-OWNED:
13990 SHIREVA CT $245,000 3 2 1651 RANCH Country Club to Shrieva Loop to Shrieva Court.
6218 NOKOMIS CT $257,900 4 2 1512 RANCH Childs or McEwan to Longfellow to Nokomis Ct
5206 ROYAL OAKS DR $449,900 5 3.1 2801 TRAD Carman to Waluga Drive to Royal Oaks Drive
18014 GIMLEY CT $539,900 5 3.1 4355 TRAD Southshore to Royce Way to Westview Dr. to Gimley Ct.
4158 CASEY CT $719,000 4 2.1 3385 TRAD Bryant Rd right on Chad right on Melissa right on Casey Ct
17460 WREN CT $940,000 4 3.1 3305 TRAD South Shore, South on Cedar to Wren St, left on Wren Ct, to end
17860 CRESTLINE DR $1,400,000 4 5.2 6810 CAPECOD Bergis to Skylands, to Crestline
SOLD BANK-OWNED in LAST 30 DAYS:
17950 KELOK RD $199,900 $226,000 3 2 2376 DAYRNCH Bryant/Childs/Kelok-Hillside
785 3RD ST $248,000 $290,150 2 1 1856 COTTAGE A Avenue to 3rd
190 FURNACE ST $700,000 $686,700 5 4.1 4022 CRAFTSM State to Leonard to Furnace