Tag: real estate

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Lake Oswego Real Estate Activity – May 5-11, 2008

The Lake Oswego real estate market is moving along the past couple weeks at a pretty healthy clip. Since our last report, 28 homes have sold or gone under contract. Of course, another 50 listings entered the market, so inventory is still up there, too.

Here is the latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):

NEWLY LISTED (May 5 – 11, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
4000 CARMAN DR
$148,000
1
1
767
CONDO
5/5
45 EAGLE CREST DR
$149,900
1
1
600
CONDO
5/8
47 EAGLE CREST DR
$153,500
2
1
932
CONDO
5/7
46 CRESTFIELD CT
$175,000
2
1
923
CONDO
5/4
750 1ST ST
$239,000
2
2
1,350
CONDO
5/6
296 CERVANTES
$259,900
2
2.1
1,137
CONDO
5/6
16250 PACIFIC HWY
$269,850
2
2
1,311
CONDO
5/7
200 BURNHAM RD
$289,850
2
2
1,335
CONDO
5/6
200 BURNHAM RD
$309,850
2
1
1,216
CONDO
5/6
200 BURNHAM RD
$315,850
2
1
1,216
CONDO
5/6
16470 SW CARNEGIE AVE
$319,000
3
2
1,040
DETACHD
5/10
200 Burnham RD
$319,850
2
2
1,313
CONDO
5/6
4454 THUNDER VISTA LN
$324,900
2
2.1
2,040
CONDO
5/8
17239 REBECCA LANE
$399,900
4
2.1
1,970
DETACHD
5/4
2760 OVERLOOK DR
$419,900
4
2.1
2,441
DETACHD
5/7
16400 WESTVIEW RD
$429,500
2
1
1,217
DETACHD
5/7
907 BULLOCK ST
$429,500
4
2
2,020
DETACHD
5/7
18156 PIONEER CT
$429,900
3
2
1,600
DETACHD
5/8
2638 GREENTREE RD
$449,900
4
2
2,373
DETACHD
5/4
615 LAKE BAY CT
$469,000
4
2
2,542
DETACHD
5/6
4188 COBB WAY
$479,000
4
2
2,192
DETACHD
5/8
17920 DEERBRUSH AVE
$489,900
4
3
2,410
DETACHD
5/8
441 9TH ST
$499,900
3
2
2,408
DETACHD
5/9
17101 CHAPIN WAY
$499,900
3
2
1,949
DETACHD
5/10
15611 SW PARTRIDGE DR
$529,900
4
2.1
2,300
DETACHD
5/4
5434 YORKSHIRE PL
$559,000
3
3
2,335
DETACHD
5/4
1041 OXFORD DR
$564,500
4
3.1
2,712
DETACHD
5/4
2751 SUMMIT DR
$565,900
3
2
2,278
DETACHD
5/8
6351 SW BURMA RD
$649,900
2
1
2,016
DETACHD
5/8
4 CAMELOT CT
$649,900
5
3
3,344
DETACHD
5/10
5492 YORKSHIRE PL
$649,990
4
2.1
2,515
DETACHD
5/5
17 CELLINI CT
$655,000
5
3.1
3,066
DETACHD
5/4
52 CONDOLEA CT
$695,000
2
2.1
2,958
CONDO
5/4
18086 JENIFERS WAY
$719,900
3
2.1
2,566
DETACHD
5/5
5644 SUNCREEK DR
$774,500
4
3.1
3,524
DETACHD
5/9
13234 DEERFIELD CT
$779,000
4
3
3,366
DETACHD
5/4
9 JUAREZ ST
$805,000
3
3.1
2,823
DETACHD
5/5
586 WEIDMAN CT
$839,900
5
3.1
3,796
DETACHD
5/4
645 Country Club RD
$859,900
4
2.1
3,262
DETACHD
5/6
1273 WELLS ST
$888,500
3
3
4,001
DETACHD
5/7
2941 WESTVIEW CIR
$925,000
4
2.1
3,075
DETACHD
5/7
4136 CASEY CT.
$998,850
5
3.1
3,998
DETACHD
5/5
2430 SUMMIT CT
$1,400,000
2
2
2,911
DETACHD
5/4
16545 MAPLE CIR
$1,439,000
3
2.1
3,336
DETACHD
5/5
2201 HAZEL RD
$1,725,000
5
3.1
5,446
DETACHD
5/5
320 CHANDLER PL
$2,300,000
5
3.1
4,675
DETACHD
5/4

PENDING SALES (May 5 – 11, 2008)

ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
PENDING DATE
343 5TH ST
$319,500
2
1
910
CONDO
3/31
4840 LAMONT WAY
$324,500
3
2
1,773
DETACHD
3/7
4902 SW CHILDS RD
$385,000
3
1.1
1,370
DETACHD
3/28
727 9th Street
$395,000
1
1
780
DETACHD
12/14
12821 SIERRA VISTA DR
$649,900
5
3.1
3,329
DETACHD
3/5
1630 COUNTRY COMMONS
$1,050,000
4
2.1
3,776
DETACHD
4/10
1501 COUNTRY CLUB RD
$1,249,000
4
4
4,687
DETACHD
5/1
12210 SW ORCHARD HILL RD
$1,695,000
4
3.2
4,640
DETACHD
3/26
1730 NORTHSHORE RD
$1,775,000
3
4
3,625
DETACHD
1/6

SOLD (April 28 – May 4, 2008)

ADDRESS ORIG. PRICE SOLD PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
 PROP TYPE
DOM
16200 PACIFIC HWY
$438,850
$309,850
2
2
1,200
CONDO
643
14331 SHERBROOK PL
$529,000
$325,000
3
2
1,952
DETACHD
599
615 LAKE BAY CT
$469,000
$405,950
4
2
2,542
DETACHD
2
17200 CANAL CIR
$430,000
$410,000
2
1.1
1,814
DETACHD
124
4630 WILDWOOD ST
$429,900
$415,000
3
2
2,067
DETACHD
20
1307 CEDAR ST
$499,950
$430,626
4
3
2,162
DETACHD
207
1711 HIGHLAND DR
$449,000
$455,000
3
2.1
1,926
DETACHD
2
18781 INDIAN CREEK WAY
$480,000
$480,000
4
2.1
2,076
DETACHD
9
14 PREAKNESS CT
$495,000
$485,000
2
2.1
2,047
ATTACHD
11
16872 QUAIL CT
$824,900
$730,900
4
3.1
3,120
DETACHD
22
17912 MEADOWLARK LN
$1,299,500
$750,000
4
3
3,087
DETACHD
410
5322 ROSALIA WAY
$799,000
$800,000
4
2.1
3,767
DETACHD
4
17577 BROOKHURST DR
$898,000
$870,000
3
2.1
3,894
DETACHD
128
18323 LOTHLORIEN WAY
$949,000
$886,000
4
3.1
3,550
DETACHD
34
17237 Lowenberg TER
$1,049,000
$962,500
3
2.1
3,095
DETACHD
18026 SKYLAND CIR
$1,490,000
$1,368,684
5
3.1
4,086
DETACHD
68
18284 MEADOWLARK LN
$1,699,900
$1,480,000
4
4.2
5,648
DETACHD
15

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.

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Lake Oswego Open Houses – May 10-11, 2008

Can’t imagine a lot of Open House traffic this weekend with Mother’s Day and all, nevertheless, here’s the Lake Oswego list for May 10 and 11:

Date Time Address List Price Bdrms Baths Total SF
5/11/08 12:30-2:00 5079 W SUNSET DR
$498,950
2
2.1
1,760
5/11/08 12:30-2:30 20 El Greco
$549,000
4
3
2,425
5/11/08 2-4 PM 13448 AUBURN CT
$579,900
3
2.1
2,535
5/11/08 2:00 -4:00PM 1448 GREENTREE CIR
$588,000
4
2.1
2,587
5/11/08 12-2pm 14 Del Prado
$699,000
5
3.1
4,094
5/10/08 1-4 PM 18086 JENIFERS WAY
$719,900
3
2.1
2,566
5/11/08 1-4 PM 18086 JENIFERS WAY
$719,900
3
2.1
2,566
5/10/08 1:00-4:00 5413 LANGFORD LN
$728,950
3
2.1
2,891
5/11/08 1:00-4:00 5413 LANGFORD LN
$728,950
3
2.1
2,891
5/10/08 1:00 – 3:00 510 NORTHSHORE RD
$735,000
3
3
2,380
5/10/08 1:00-4:00 5364 LANGFORD LN
$738,950
3
2.1
2,932
5/11/08 1:00-4:00 5364 LANGFORD LN
$738,950
3
2.1
2,932
5/11/08 1-4 PM 435 8TH ST
$749,900
4
3.1
2,505
5/11/08 12-2pm 30 WILBUR ST
$775,000
3
2.1
2,664
5/10/08 1:00-4:00 5455 LANGFORD LN
$788,950
3
2.1
3,341
5/11/08 1:00-4:00 5455 LANGFORD LN
$788,950
3
2.1
3,341
5/10/08 1-3pm 2300 SW CHILDS RD
$1,200,000
4
2
3,183
5/11/08 1-3pm 622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
5/11/08 1-3pm 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
5/11/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,659
5/10/08 2-4 PM 2811 ARROWHEAD CT
$1,795,000
3
3.1
3,740

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon.

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Palisades

viewpoint_a.JPGThe Palisades neighborhood is located on the South side of Lake Oswego, and is roughly the area bounded by: Stafford/McVey along the south & southeast, Southshore Rd. (down to the lake) along the north, Blue Heron, and then north & east of the Westridge Elementary School area.

park_a.JPGIt is a lovely neighborhood with a mix of housing ranging in list price currently from $489,900. to $5,950,000.

With this kind of spread, Palisades is known not only for its beauty and liveability, but for the diversity of its neighbors.

These same neighbors will be seen showing up in numbers to the local neighborhood association meetings and volunteering in droves at Palisades Elementary School and Palisades’ own Lakeridge High School.

golf_a.jpgAmenities include the Municipal Golf Course, parks, a dog park, community swimming pool, and the new “boutique” senior living center, “The Stafford”, which is situated across the street from the high school, three athletic fields and yet another dog park. This location, we are told, was intentionally chosen in order to meld the young and the elderly in a real community atmosphere where all phases of life are acknowledged and celebrated.

copy-of-accessories_a.JPG

An especially delightful aspect of the Palisades neighborhood is the access to superior services just across the borderline streets of Stafford/McVey (therefore not technically in Palisades, but rather in the McVey-Southshore neighborhood).

Kids bike to Bellagio’s Pizza, shirts are picked up at the dry cleaners, dog-walkers congregate at Starbuck’s, lunches and dinners are wonderful at the Thai Curry-In-A-Hurry restaurant, birthdays and anniversaries are remembered with the help of three gift shops, and sunny days find everyone milling at the garden center.

All of it adds to the charm of this lush, green community by the lake with a distinctive ‘small town within a town’ feel.

coffee-nook_a.JPGOne of the best things about Palisades (in my humble opinion) is Palisades Market. This is a locally-owned market with some of the nicest people you’d ever want to meet making sure that you’ve found every little thing.

I shop there sometimes just to relax… I’m not kidding! I often joke to friends that the people who work at this wonderful place come from Planet Palisades, as they all seem to genuinely enjoy their work and treat customers like old friends. This is a kind of Neighborhood Central. You’ll find Lakeridge ‘Pacer’ apparel is displayed and sold proudly. Cans and bottles are donated in special receptacles by the crate-load with neighbors supporting the local school of their choice.

There is an adjoining post office annex & the Coffee Nook, a florist, a deli, wine shop, specialty meat shop, bakery and often dinner cooked & ready to be served for take-home by yet another friendly employee… a chef this time. The store is owned by Bob Lamb, Gale Casko, and Nick Goldsmith who is ever-present and always catering to customers’ needs.

palmkt_a.JPGOriginally a much smaller store it was located where the pizza parlor, restaurant and cleaners are now, moving in 1997 to its current location just up the block, and boasting 25,000 SF of friendly service.

Palisades Market had a rocky start, not owing to the fact that the site was originally a gravel pit, but rather to red tape that almost nixed the plans. True to form, neighbors rallied to support the new store, and Palisades, McVey-Southshore and Hallinan neighborhoods all now enjoy the fruits of that effort.

All in all, Palisades is a lovely place to live. Homes to suit any preference are to be found, and neighborhood character is in full bloom.

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Lake Oswego Real Estate Activity – April 28-May 4, 2008

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.

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Lake Oswego Open Houses – May 3-4, 2008

Here are the Lake Oswego homes on tour this weekend:

Date Time Address List Price Bdrms Baths Total SF
5/4/08 2:30 – 5:00 86 KINGSGATE RD
$185,000
2
2
849
5/4/08 1 – 4 PM 165 OSWEGO SMT
$209,900
2
2
1,383
5/4/08 1-3 P.M. 4974 SUNTREE LN
$396,700
2
2.1
1,652
5/4/08 12:30-3:30PM 17650 ARBOR LN
$419,000
3
3
2,043
5/3/08 11am – 1pm 820 MCVEY AVE
$434,500
3
1.1
1,446
5/4/08 1-3pm 17870 DEERBRUSH AVE
$449,900
3
2.1
1,912
5/4/08 1-4pm 4760 LOWER DR
$472,500
3
3
3,252
5/4/08 12-3pm 1480 HEMLOCK ST
$488,850
4
3
2,246
5/4/08 2-4pm 960 9TH ST
$525,000
3
1
1,429
5/3/08 2 – 4pm 918 LAKE FRONT RD
$534,950
2
1
921
5/3/08 2-430 pm 13340 AUBURN CT
$559,900
3
2.1
2,451
5/4/08 12-3 pm 13340 AUBURN CT
$559,900
3
2.1
2,451
5/3/08 1-4pm 8 CAMELOT CT
$650,000
5
3
3,080
5/4/08 2-4pm 4608 CHELSEA LN
$719,000
5
2.1
3,092
5/4/08 1-4pm 435 8TH ST
$749,900
4
3.1
2,505
5/4/08 2-5pm 2888 VALE CT
$749,900
5
3
4,324
5/4/08 1-4 PM 18086 JENIFERS WAY
$779,000
3
2.1
2,566
5/4/08 1-3pm 5437 ROSALIA WAY
$929,000
4
2.1
3,369
5/4/08 1-4pm 161 FURNACE ST
$999,990
2
2
2,401
5/4/08 2-4pm 2080 RIDGE POINTE DR
$1,200,000
5
4
4,587
5/4/08 1-3pm 622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
5/4/08 1-3pm 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
5/4/08 12:30-2:30 16818 ALDER CIR
$1,390,000
3
2
1,674
5/4/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,659
5/4/08 2pm-4pm 1725 EDGECLIFF TER
$2,199,000
3
3.5
5,386

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon.

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First Addition

first-addition.jpgFirst 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. A tour of homes will allow you to see Gothic, Craftsman, Colonial Revival, Vernacular, and English Cottage styles.

One of the great features of the location is that it is a short walk to many of Lakelo-library.jpg Oswego’s most popular attractions. The neighborhood hosts the Lake Oswego Public Library and the Adult Community Center. It is also adjacent to the Village Center with its boutiques and restaurants, as well as Millenium Plaza Park which is the location of the Farmer’s Market. As if that weren’t enough, directly North of the neighborhood is Tryon Creek State Park with its miles of trails for hiking, jogging, and even horse back riding.

First Addition has a very active Neighborhood Association that works to preserve the historic flavor of the neighborhood, to keep the area pedestrian friendly, and to preserve the many large trees. There is a 100+ year old sugar maple tree on the corner of 3rd and C Avenues that is beyond spectacular when its leaves turn orange in the fall.

adult-community-center.jpgAdding 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.

In 2006 Cottage Living Magazine named First Addition one of the ten best cottage communities in the United States. It raved about the quaint homes, the easy walk to attractions, and the “jewel box gardens winking from behind picket fences”.

First Addition is an awesome place to live that features quaint and historic homes along with easy convenience to many great attractions. When you buy a home in First Addition, you are not just buying a house, you are buying a lifestyle.

For our regular subscribers, if you would like to access past articles in our archives, please click here.

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Lake Oswego Real Estate Activity – April 21-27, 2008

In an effort to bring you the most accurate information possible about the Lake Oswego real estate market, we’ll be changing our reporting methods for Pending Sales and Closed Sales.

New Listings will continue to be displayed for the previous week. However, we’re going to delay reporting the pending and closed sales an additional week to ensure that the MLS records have been updated fully. The good news: you’ll be seeing more pending and closed sales in our reports.

With that explanation, here our latest Lake Oswego real estate market activity report (look to the bottom for definitions and research criteria):

New Listings (April 21-27, 2008)

Address List Price Tot Beds Tot Baths Tot Sq Ft Prop Type List Date
32 CRESTFIELD CT
$185,000
2
2
995
CONDO
4/20
214 RIDGEWAY RD
$259,900
2
1
914
CONDO
4/22
668 MCVEY AVE
$299,000
1
1
626
CONDO
4/20
17570 MARDEE AVE
$324,950
3
1
1,050
DETACHD
4/25
152 RIDGEWAY RD
$349,900
2
1.1
1,794
CONDO
4/20
68 WHEATHERSTONE CT
$374,900
4
3.1
2,465
CONDO
4/21
11 BLOCH TER
$375,000
3
2.1
1,972
ATTACHD
4/24
15256 BOONES WAY
$387,500
2
2.1
1,600
ATTACHD
4/24
820 BOCA RATAN DR
$397,000
4
3.1
2,810
DETACHD
4/20
5355 GREYSTOKE DR
$425,000
3
2.1
1,975
DETACHD
4/20
7050 CHILDS RD
$449,000
2
2
1,693
DETACHD
4/22
4760 LOWER DR
$472,500
3
3
3,252
DETACHD
4/20
14584 WILMOT WAY
$489,000
4
2.1
1,939
DETACHD
4/25
7210 CHILDS RD
$499,000
3
2
1,542
DETACHD
4/23
420 G AVE
$579,900
3
2
1,813
DETACHD
4/21
4731 AMHERST CT
$599,000
3
2.1
2,928
ATTACHD
4/22
5474 BAY CREEK DR
$639,900
3
2.1
2,322
DETACHD
4/24
16695 GLENWOOD CT
$649,900
4
3
3,104
DETACHD
4/22
313 3RD ST
$659,000
3
3.1
1,960
ATTACHD
4/21
16920 GREENTREE AVE
$679,900
4
2.1
2,830
DETACHD
4/23
19415 SW SYCAMORE AVE
$699,900
4
2
2,188
DETACHD
4/21
4608 CHELSEA LN
$719,000
5
2.1
3,092
DETACHD
4/20
860 MCVEY AVE
$719,000
8
5.1
3,648
DETACHD
4/25
14855 Twin Fir RD
$849,900
3
1.1
1,639
DETACHD
4/20
18220 RIVER EDGE CT
$899,000
3
3
3,365
DETACHD
4/21
3885 UPPER DR
$899,900
4
2.1
3,122
DETACHD
4/25
18280 DELENKA LN
$924,950
4
3.1
4,405
DETACHD
4/24
2317 STONEHURST CT
$945,900
4
2.1
4,455
DETACHD
4/23
13561 SW GOODALL RD
$995,000
4
2
2,484
DETACHD
4/22
4685 SW UPPER DR
$999,500
4
2
3,341
DETACHD
4/21
161 FURNACE ST
$999,990
2
2
2,401
CONDO
4/26
16818 ALDER CIR
$1,390,000
3
2
1,674
DETACHD
4/26
14001 GOODALL RD
$1,799,000
4
3.1
5,397
DETACHD
4/25
1175 LAKE SHORE RD
$1,875,000
3
3.1
2,878
DETACHD
4/25
670 IRON MOUNTAIN BLVD
$2,275,000
4
3.2
5,208
DETACHD
4/24
2500 GLEN EAGLES RD
$2,699,500
5
4.5
5,565
DETACHD
4/21
243 10TH ST
$2,795,000
5
4.3
6,794
DETACHD
4/26

Pending Sales (April 14-20, 2008)

Address List Price Tot Beds Tot Baths Tot Sq Ft Prop Type DOM
6929 SW MONTAUK CIR
$159,900
2
1
968
CONDO
233
3852 SW Botticelli ST
$229,900
3
2
1,224
ATTACHD
33
15486 BRIANNE CT
$299,947
2
2.1
1,246
ATTACHD
44
15115 Twin Fir RD
$349,900
3
2
1,392
DETACHD
14584 DORIS AVE
$399,900
3
2
1,500
DETACHD
44
960 BULLOCK ST
$448,900
3
2
2,550
DETACHD
8
1440 CHERRY CREST AVE
$539,900
3
2.1
1,938
DETACHD
14
2934 TOLKIEN LN
$765,000
5
3.1
3,851
DETACHD
462
2188 GLENMORRIE LN
$850,000
5
3
3,200
DETACHD
73
701 OAK MEADOW CT
$1,095,000
5
3.1
4,055
DETACHD
230

Sold Properties (April 14-20, 2008)

Address Sale Price Tot Beds Tot Baths Tot Sq Ft Prop Type DOM
16250 Pacific Hwy (Hwy 43)
$199,850
3
2
1,626
CONDO
609
668 McVey AVE
$250,000
3
1.1
985
CONDO
16200 PACIFIC HWY
$315,000
2
2
1,200
CONDO
622
18620 INDIAN CREEK DR
$387,500
3
2
2,064
DETACHD
21
1098 CHANDLER RD
$1,800,000
4
3.1
3,696
DETACHD
63

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.

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Lake Oswego Open Houses – April 26-27, 2008

A lot of large Lake Oswego homes on the open house tour this weekend. Here’s the list:

Date Time Address List Price Bdrms Baths Total SF
4/27/08 1-4pm 4458 THUNDER VISTA LN
$339,500
3
2.1
2,200
4/27/08 1-3pm 152 RIDGEWAY RD
$349,900
2
1.1
1,794
4/26/08 12pm-3pm 68 WHEATHERSTONE CT
$374,900
4
3.1
2,465
4/26/08 11am-1pm 5322 CHARLETON CT
$399,990
3
2.1
1,633
4/27/08 12-3pm 1480 HEMLOCK ST
$488,850
4
3
2,246
4/27/08 1pm – 3pm 17 ABELARD ST
$519,000
3
2
2,070
4/27/08 12:00-2:00 5079 W SUNSET DR
$519,850
2
2.1
1,760
4/26/08 1-3pm 5497 Willow CT
$549,900
3
2.1
2,438
4/27/08 1-3pm 5497 Willow CT
$549,900
3
2.1
2,438
4/27/08 1 to 3p 1123 ERICKSON ST
$599,000
4
3
2,893
4/27/08 1-4pm 8 CAMELOT CT
$650,000
5
3
3,080
4/26/08 1-5pm 4608 CHELSEA LN
$719,000
5
2.1
3,092
4/27/08 1-5pm 4608 CHELSEA LN
$719,000
5
2.1
3,092
4/26/08 1-4pm 15837 ALLISON PL
$749,000
4
2.1
3,502
4/27/08 1-4pm 15837 ALLISON PL
$749,000
4
2.1
3,502
4/27/08 1-4pm 435 8TH ST
$749,900
4
3.1
2,505
4/26/08 1-4pm 15815 ALLISON PL
$759,000
4
2.1
3,534
4/27/08 1-4pm 15815 ALLISON PL
$759,000
4
2.1
3,534
4/26/08 11am-5pm 18086 JENIFERS WAY
$779,000
3
2.1
2,566
4/27/08 11am-5pm 18086 JENIFERS WAY
$779,000
3
2.1
2,566
4/27/08 1-4pm 17755 TREETOP LN
$789,000
5
3.1
3,864
4/27/08 2-4pm 5855 STEWART GLENN CT
$830,000
4
2.1
3,758
4/27/08 1:00 – 3:00 4118 GLACIER LILY ST
$888,000
4
3.1
4,452
4/27/08 1-3 PM 18036 SKYLAND CIR
$899,000
3
2.1
3,159
4/26/08 1-3pm 827 8th AVE
$999,000
5
3.1
3,852
4/27/08 1-3pm 827 8th AVE
$999,000
5
3.1
3,852
4/27/08 1-3pm 13744 KNAUS RD
$1,095,000
4
3.1
3,476
4/27/08 2pm-4pm 2080 RIDGE POINTE DR
$1,200,000
5
4
4,587
4/27/08 2-4pm 4316 UPPER DR
$1,258,950
4
3.1
4,376
4/27/08 1-3pm 622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
4/27/08 1-3pm 17464 RIDGEVIEW LN
$1,348,950
4
3.1
4,407
4/27/08 1-3pm 17433 RIDGEVIEW LN
$1,495,000
4
4.1
4,659

Please note, dates and times are subject to change without notice. This list may not contain ALL open houses in the city, but represent those that agents have publicized in the multiple listing service as of Friday afternoon.

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Searching… Searching…

Magnifying GlassOn 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.

Agents are able to search on the MLS for properties on behalf of a client using several methods, including:

  1. Address Searches – Agents can search a specific area defined by their clients using street addresses and number ranges on specified streets, or a particular house using a specific address.
  2. Area Searches – The MLS now allows agents to search a geographic area by providing a map on which an agent can “draw” boundaries of a search range defined by a client.
    MLS# Searches- Agents can search MLS #’s provided by a client, and generate addresses for either drive-by viewing (prior to a client deciding to take a look inside), or for agent pre-viewing on behalf of a client.
  3. Advanced Searches – This is where I want to focus today, as this is the most common search method utilized in order to find properties that most specifically meet a client’s stated preferences. There are a large number of available search criteria that can be utilized by a listing agent when inputting data in order to present a home in the best light possible, which is of course a good thing… as long as it is accurate information.

When using an Advanced Search, available options include, of course, bedrooms, and the # of baths, but also whether a property has a fireplace (gas or wood?), what the map grid location is, total square footage of the home, approximate square footage of the lot, neighborhood, zip code, year built, style of home, levels, where master bedroom is located (on which level), and many, many more categories including garage description (attached? 2-car?), square footage of bedrooms, accessibility, exterior features, elementary school, etc. The more defined and narrow the search parameters, the fewer homes will appear as options… so, many times only the most important specifics to the client are used in order to provide a variety of choices.

“Property Type” is one important category- options are: Attached (meaning a townhome), Condo, Detached (meaning a separate residence/house), Houseboat, In-Park (meaning a manufactured home in a park), Part-owned, and Residence/Manufactured. A few months back these options were changed and made more detailed so that, for instance, a manufactured home would not appear in a search wherein the client had specified a separate residence/house was what they wanted.

A common example of a simple error is the mistake of referring to a home in the “Style” field as a “Tri-Level” as opposed to the actual appropriate category of “Split-Level”. A tri-level actually has three levels to the home… a split has an entry area, one level down, and one level up.

Bottom line, if you are the Seller, your agent is describing your home in the listing in ways that accentuate its great points while reflecting it accurately. If you are the Buyer, your agent is doing their best to provide you with choices that match your needs, and using the information provided by the listing agents in good faith.

So, if you show up at a property and it was described in the listing in a fashion that makes you feel as if you’ve just wasted your time… you may want to ask your agent to speak to the listing agent about any mistaken data about the home. They will most likely be grateful, and of course, other agents and buyers will benefit from any needed correction.

If you are the Seller, encourage your listing agent to be as creative as possible in selling your home (this is, of course, their job!), but do check for accuracy when reviewing the data to be provided to prospective buyers in your listing.

Happy buying and selling!

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Lake Oswego Real Estate Activity – April 14-20, 2008

Sale activity has slowed to a trickle in Lake Oswego, as far as last week goes, anyway. Just 10 properties opened or closed escrow.

Here are the Lake Oswego real estate market statistics for the week April 13 through 20 (look to the bottom for definitions and research criteria):

New Listings

Address List Price Tot Beds Tot Baths Tot Sq Ft Prop Type List Date
4624 LOWER DR
$178,900
2
1.1
1,170
 CONDO
4/16
4087 JEFFERSON PKWY
$260,000
2
2.1
1,851
 ATTACHD
4/13
6167 SW FERNBROOK ST
$289,900
4
2
1,232
 DETACHD
4/13
18 WHEATHERSTONE PL
$293,000
3
2.1
1,692
 CONDO
4/17
4512 LOWER DR
$339,000
2
2.1
1,636
 ATTACHD
4/17
668 MCVEY AVE
$349,900
1
1
627
 CONDO
4/13
16061 Waluga DR
$384,500
1
1
676
 DETACHD
4/16
5687 SW BONITA RD
$389,950
3
2.1
2,048
 DETACHD
4/16
4964 GALEN ST
$399,950
3
3
1,879
 DETACHD
4/17
4960 GALEN ST
$425,000
2
3
1,772
 DETACHD
4/16
1588 CHERRY LN
$425,000
3
2
2,001
 DETACHD
4/14
10 PREAKNESS CT
$435,000
4
2.1
2,270
 ATTACHD
4/14
3269 PHYLLIS CT
$439,900
3
1.2
1,818
 DETACHD
4/13
5221 ROSEWOOD ST
$464,900
3
2.1
2,226
 DETACHD
4/19
16018 SW WALUGA DR
$499,000
4
2
2,024
 DETACHD
4/17
13340 AUBURN CT
$559,900
3
2.1
2,451
 ATTACHD
4/16
29 DEL PRADO ST
$565,000
3
2
2,972
 DETACHD
4/17
4729 CAMBRIDGE CT
$648,000
2
2.1
3,056
 ATTACHD
4/13
18212 INDIAN CREEK DR
$692,500
4
2.1
2,313
 DETACHD
4/14
17445 LAKE HAVEN DR
$695,000
4
3
2,949
 DETACHD
4/15
13222 DEERFIELD CT
$719,000
4
2.1
3,022
 DETACHD
4/18
17706 MARYLBROOK DR
$724,900
3
2.2
2,977
 DETACHD
4/13
30 WILBUR ST
$775,000
3
2.1
2,664
 ATTACHD
4/13
17454 CANAL CIR
$789,900
4
3
2,475
 DETACHD
4/18
5855 STEWART GLENN CT
$830,000
4
2.1
3,758
 DETACHD
4/17
5437 ROSALIA WAY
$929,000
4
2.1
3,369
 DETACHD
4/16
15459 VILLAGE DR
$949,000
4
3.1
3,059
 DETACHD
4/13
1643 VILLAGE PARK LN
$1,195,000
4
3.1
4,505
 DETACHD
4/16
2200 PRESTWICK RD
$1,200,000
4
2.2
3,356
 DETACHD
4/14
2080 RIDGE POINTE DR
$1,200,000
5
4
4,587
 DETACHD
4/17
4316 UPPER DR
$1,258,950
4
3.1
4,376
 DETACHD
4/14
622 OAK MEADOW DR
$1,325,000
4
3.1
4,168
 DETACHD
4/14
1555 BAY VIEW LN
$1,560,000
4
4.1
5,145
 DETACHD
4/13
581 OAK MEADOW DR
$1,579,900
4
4.1
4,680
 DETACHD
4/14
1075 CHANDLER RD
$2,495,000
5
5
5,946
 DETACHD
4/14
333 NORTHSHORE RD
$3,299,500
4
4.1
4,998
 DETACHD
4/17
961 TERRACE DR
$3,895,000
4
4.2
5,796
 DETACHD
4/16

Pending Sales

Address List Price Tot Beds Tot Baths Tot Sq Ft Prop Type DOM
6929 SW MONTAUK CIR
$159,900
2
1
968
 CONDO
233
3852 SW Botticelli ST
$229,900
3
2
1,224
 ATTACHD
33
15486 BRIANNE CT
$299,947
2
2.1
1,246
 ATTACHD
44
960 BULLOCK ST
$448,900
3
2
2,550
 DETACHD
8
1440 CHERRY CREST AVE
$539,900
3
2.1
1,938
 DETACHD
14
2934 TOLKIEN LN
$765,000
5
3.1
3,851
 DETACHD
462
2188 GLENMORRIE LN
$850,000
5
3
3,200
 DETACHD
73
701 OAK MEADOW CT
$1,095,000
5
3.1
4,055
 DETACHD
230

Sold Properties

Address Sale Price Tot Beds Tot Baths Tot Sq Ft Prop Type DOM
18620 INDIAN CREEK DR
$387,500
3
2
2,064
 DETACHD
21
1098 CHANDLER RD
$1,800,000
4
3.1
3,696
 DETACHD
63

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.