Distressed Properties

The RMLS recently provided this graph to Realtors and I found it interesting. It occurred to me that you might as well.

It clearly shows that while distressed sales make up 17.2% percent of the new listings, they make up nearly 29% of the closed sales. Of that the shortsales are pretty consistent being 15% of the new listings and 13% of the closed sales. Whereas the foreclosures are just 13.2% of the new listing but account for 25.6% of the closed sales.

I do think that the banks are throwing houses out onto the market at pretty rock bottom prices. I’ve seen a few houses lately, priced so low, that half a dozen offers get written within days. Then the bank takes a week to respond and even more offers get written. This is a very negative thing for surrounding property values. What I am describing here is happening in much greater numbers outside of Lake Oswego, but I’ve seen some of it here as well.

The other interesting characteristic on this graph is the non-distressed properties. They represent 71.2 % of the new listings, but 61.1% of the closed sales. That 10% difference? I think that’s over-priced housing that has not adjusted to the reality of the current market.

I’ll work to find a happier subject for my next editiorial post, but I did find these graphs both useful and interesting.
Dianne

Market Activity ~ April 30 – May 6, 2012

There were 19 New properties entering the market, 18 in Pending status, and 14 marked as Sold during the last week. See below for further details:

NEWLY LISTED (April 30-May 6, 2012)

Address List Price # Beds # Baths Total SF Prop Type
49 OSWEGO SMT $89,500.00 1 1 721 CONDO
15471 BRIANNE CT $234,900.00 2 2.1 1204 CONDO
5195 FIRWOOD RD $251,000.00 5 2 1886 DETACHD
18444 TUALATA AVE $299,000.00 3 2 1192 DETACHD
5266 CHARLETON CT $299,500.00 3 2 2063 DETACHD
1180 OXFORD DR $319,900.00 3 3 1760 DETACHD
13125 VERMEER DR $342,500.00 4 2.1 2046 DETACHD
19101 INDIAN CREEK AVE $405,000.00 2 2 3259 DETACHD
71 TANGLEWOOD DR $424,900.00 3 3 2616 DETACHD
5453 WILLOW CT $425,000.00 3 2.1 2446 ATTACHD
475 COUNTRY CLUB CT $439,000.00 3 2.1 1705 DETACHD
355 6TH ST $549,900.00 3 3.1 2362 ATTACHD
108 3RD ST $625,000.00 1 1 1017 DETACHD
13366 BOONES FERRY LANE $775,000.00 4 2.1 3614 DETACHD
17154 LOWENBERG TER $789,950.00 5 3.1 3514 DETACHD
3600 Southshore BLVD $859,000.00 3 2.1 2117 DETACHD
13900 GOODALL RD $1,200,000.00 4 3.1 4282 DETACHD
1968 CHERYL CT $1,375,000.00 4 4.3 6153 DETACHD
1972 CHERYL CT $1,900,000.00 5 4.1 6952 DETACHD

PENDING SALES (April 30-May 6, 2012)

Address List Price # Beds # Baths Total SF Prop Type CDOM
360 CERVANTES CIR $84,900 2 1 832 CONDO 86
45 EAGLE CREST DR #514 $179,900 1 1.1 1046 CONDO 277
5000 CARMAN DR $274,950 3 2.1 2010 DETACHD 4
3582 LAKE GROVE AVE $279,900 3 2 1207 DETACHD 26
16834 CHERRY CREST AVE $301,100 4 2.1 2598 DETACHD 100
2101 RIDGEWOOD RD $319,000 3 2.1 2114 DETACHD 0
517 LAUREL ST $319,000 4 2.1 2834 DETACHD 28
1700 MEADOWS DR $415,000 3 3 2465 DETACHD 372
5081 GREENSBOROUGH CT $428,500 5 2.1 2142 DETACHD 1
211 EVERGREEN RD $457,500 3 3.1 1936 ATTACHD 9
5975 NEWCASTLE DR $499,000 3 2.1 3339 DETACHD 82
18220 BICKEL CT $499,000 4 3 1800 DETACHD 1109
2 SIBELIUS CT $559,900 5 2.2 3875 DETACHD 2
2150 HILLSIDE CT $590,000 4 3 3718 DETACHD 60
17601 WOODHURST PL $625,000 3 2.1 3272 DETACHD 218
17406 BROOKHURST DR $649,900 5 3.1 3775 DETACHD 211
217 5TH ST $699,000 3 2.1 2097 DETACHD 20
2735 GLEN EAGLES RD $985,000 4 3.1 2950 DETACHD 7

SOLD (April 30-May 6, 2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY 51 $55,125 1 1 841 CONDO 106
4640 LOWER DR B2 $139,900 $94,615 2 1.1 1225 CONDO 351
226 RIDGEWAY RD $149,900 $104,200 1 1 756 CONDO 366
4000 CARMAN DR 43 $123,500 $123,500 2 2 869 CONDO 8
4000 CARMAN DR 38 $123,500 $123,500 2 2 869 CONDO 13
5467 KENNY ST $169,000 $170,000 3 1 960 DETACHD 13
18 CONDOLEA DR $195,000 $195,000 2 2 1448 CONDO 7
532 2ND ST 15 $269,900 $234,900 2 2.1 1394 CONDO 111
6263 SW CHILDS RD $249,900 $249,900 3 2 1600 DETACHD 154
1033 Yates $459,900 $455,000 4 3.1 2889 DETACHD
3240 WESTVIEW CT $500,000 $457,000 4 3.1 3121 DETACHD 350
33 WESTRIDGE DR $489,800 $462,500 5 3.1 3864 DETACHD 209
15566 VILLAGE PARK CT $695,000 $595,000 5 3.1 4692 DETACHD 556
17970 ROYCE WAY $800,000 $750,000 5 4.2 5226 DETACHD 12

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

Market Activity for April 23-29, 2012

Last week we had 17 homes come onto the market, 16 homes became pending sales, and 9 closed sales.

See below for further details.

New Listings

47 Eagle Crest Dr, condo, $68,900, 3 BR, 1 Bth, 1024 SF

316 Cervantes Circle, codno, $75,000, 2 BR, 1 Bth, 832 SF

668 McVey Ave #34, condo, $149,000, 1 BR, 1 Bth, 636 SF

3787 Lanewood St, detached, $279,000, 3 BR, 2 Bths, 1300 SF

5695 Burma Rd, detached, $279,000, 4 BR, 2.5 Bths, 1934 SF

5065 Firwood Rd, detached, $345,000, 4 BR, 3 Bths, 2664 SF

12510 SW 27th Pl, detached, $349,900, 4 BR, 3 Bths, 2482 SF

4750 Auburn Ln, attached, $399,500, 3 BR, 3.5 Bths, 2679 SF

211 Evergreen Rd, attached, $457,500, 3 BR, 3.5 Bths, 1936 SF

8 Partridge Ln, detached, $469,900, 4 BR, 2.5 Bths, 3289 SF

421 Livingood Ln, detached, $475,000, 4 BR, 3.5 Bths, 2747 SF

197 Furnace ST, condo, $530,000, 2 BR, 2.5 Bths, 2091 Sf

2358 Hillside Ln, detached, $539,900, 4 BR, 3.5 Bths, 3006 SF

16198 Nola Ct, detached, $575,000, 4 BR, 2.5 Bths, 2425 SF

16758 Mellon Ave, detached, $585,000, 4 BR, 2.5 Bths, 2618 SF

6484 McDuff Ct, detached, $669,000, 4 BR, 4 Bths, 3238 SF

877 Cornell St, detached, $699,900, 3 BR, 3 Bths, 3100 SF

2735 Glen Eagles, detached, $985,000, 4 BR, 3.5 Bths, 2950 SF

Pending Sales

236 Ridgeway Rd, condo, $150,000, 2 BR, 1 Bth, 90 DOM

23 Bloch Terrace, attached, $195,000, 2 BR, 2 Bths, 86 DOM

14863 Twin Fir Ct, detached, $232,900, 3 BR, 2 Bths, 20 DOM

5670 Fernbrook Way, detached, $249,900, 3 BR, 2 Bths, 32 DOM

1421 Laburnum Way, detached, $259,900, 3 BR, 2.5 Bths, 4 DOM

4161 Cobb Way, detached, $324,800, 4 BR, 2 Bths, 4 DOM

5670 Childs Rd, detached, $329,999, 4 BR, 2.5 Bths, 38 DOM

1639 Worthington ST, detached, $338,000, 4 BR, 3 Bths, 14 DOM

2084 Ridgewood Rd, detached, $378,600, 3 BR, 2.5 Bths, 19 DOM

2631 Orchard Hill Pl, detached, $379,000, 4 BR, 2.5 Bths, 50 DOM

919 Cumberland Rd, detached, $425,000, 4 BR, 3 Bths, 359 DOM

17415 Upper Cherry Ln, detached, $479,000, 4 BR, 3.5 Bths, 67 DOM

5415 Bay Creek Dr, detached, $499,900, 4 BR, 2.5 Bths, 11 DOM

1708 Oak St, detached, $599,000, 4 BR, 2.5 Bths, 316 DOM

2780 Dellwood Dr, detached, $625,000, 4 BR, 3.5+.5 Bths, 2 DOM

3115 Douglas Circle, detached, $1,249,000, 4 BR, 4.5+.5 Bths, 4 DOM

Closed Sales

4629 Lakeview Blvd C2, condo, original price $87,400, closed price $87,400, 2 BR, 2 Bths, 183 CDOM

24 Walking Woods Dr, detached, original price $282,000, closed price $285,000, 3 BR, 2.5 Bths, 13 CDOM

17040 Fernwood Dr, detached, original price $369,000, closed price $299,000, 3 BR, 2 Bths, 207 CDOM

6 Preakness Ct, attached, original price $359,000, closed price $310,000, 3 BR, 2.5 Bths, 561 CDOM

1278 Hida A Way Ln, detached, original price $350,000, closed price $360,000, 4 BR, 2.5 Bths, 191 CDOM

4583 Trillium Woods Lot13, attached, original price $416,200, closed price $417,170, 3 BR, 2.5 Bths, 46 CDOM

4120 Southshore Blvd, detached, original price $525,000, closed price $517,500, 3 BR, 2 Bths, 185 CDOM

1300 Tyndall Ct, detached, original price $675,000, closed price $665,000, 5 BR, 4.5 Bths, 231 CDOM

1644 Leslie Ln, detached, original price $1,350,000, closed price $1,315,000, 4 BR, 3.5+.5 Bths, 4 CDOM

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 4/29/12

It’s supposed to be nice weekend: a perfect chance to go out and see one of these 29 open houses:

204 Ridgeway RD, condo, $109,000, 1 BR, 1 Bth, open 1 to 4

112 Greenridge Ct, attached, $219,900, 2 BR, 3 Bths, open 1 to 3

5880 Rockwood Ct, detached, $269,000, 3 BR, 2 Bths, open 1 to 4

17653 Mardee Ave, detached, $274,900, 3 BR, 2 Bths, open 1 to 3

5695 Burma Rd, detached, $279,000, 4 BR, 2.5 Bths, open 1 to 4

960 Capilano Ct, detached, $325,000, 4 BR, 3 Bths, open 1 to 3:30

5206 Royal Oaks Dr, detached, $379,900, 5 BR, 3.5 Bths, open 2 to 4

5537 Kilchurn Ave, detached, $489,900, 4 BR, 2.5 Bths, open 2 to 4

5947 Meadowcreek Ct, detached, $495,000, 4 BR, 2.5 Bths, open 2 to 4

15225 Candlewood Ct, detached, $499,000, 4 BR, 2.5 Bths, open 1 to 3

5542 Dunmire Dr, detached, $529,900, 4 BR, 2.5 Bths, open 11 to 4

7 Mountain View Ln, detached, $535,000, 5 BR, 2.5 Bths, open 1 to 4

29 Spinosa, detached, $549,000, 3 BR, 2.5+.5 Bths, open 1 to 3

4011 Coho Ln, detached, $550,000, 3 BR, 2.5 Bths, open 1 to 3

4626 Chelsea Ln, detached, $574,900, 4 BR, 2.5 Bths, open 12:30 to 2:30

4076 Coltsfoot Ln, detached, $589,900, 4 BR, 3.5 Bths, open 2 to 4

1708 Oak St, detached, $599,000, 4 BR, 2.5 Bths, open 1 to 3

16751 Alder Circle, detached, $599,000, 4 BR, 2.5+.5 Bths, open 1 to 4

217 5th St, detached, $699,000, 3 BR, 2.5 Bths, open 1 to 4

720 Maple St, detached, $799,900, 3 BR, 2.5 Bths, open 12 to 2

18231 Siena Dr, detached, $994,000, 4 BR, 3.5 Bths, open 1 to 3

18132 Siena Dr, detached, $1,125,000, 4 BR, 3.5 Bths, open 1 to 3

18202 Bella Terra Dr, detached, $1,145,000, 4 BR, 3.5 Bths, open 1 to 3

18253 Siena Dr, detached, $1,149,000, 5 BR, 4 Bths, open 1 to 3

18110 Siena Dr, detached, $1,198,950, 4 BR, 3.5 Bths, open 1 to 3

13744 Knaus Rd, detached, $1,199,000, 5 BR, 5 Bths, open 12 to 3

14536 Pfeifer Dr, detached, $1,200,000, 3 BR, 3.5 Bths, open 1 to 4

4033 Westbay Rd, detached, $1,295,000, 4 BR, 3.5 Bths, open 12 to 3

1677 Leslie Ln, detached, $1,999,999, 4 BR, 6.5 Bths, open 1 to 4

Featured Property: 1421 Laburnum Way

1421 Laburnum Way
I am proud to introduce my new listing at 1421 Laburnum Way.

Located in the Palisades neighborhood, this house is elegantly situated on a corner lot. The setting is stately and has a commanding grandeur amungst the trees and lawns of the surrounding houses.

Priced at $259,900, this is an exceptional value. There are 3 bedrooms, 2.5 baths, a formal dining room and living room, a family room, and a bonus room. The house was built in 1965. It is in need of cosmetic updating, but the house has “good bones”. There are solid-core wood doors, wood windows, hardwood floors under carpets, and wonderful mill work that includes the gorgeous fireplace mantel in the living room.

If you’d like to see this house, give me a call. I am happy to make an appointment to show you the interior.
Dianne, 503-803-6298

Market Activity ~ April 16-22, 2012

Great week! There were 18 New properties entering the market, 18 in Pending status, and 17 marked as Sold during the last week. See below for further details:

NEWLY LISTED (April 16-22, 2012)

Address List Price # Beds # Baths Total SF Prop Type
200 RIDGEWAY RD $159,900 2 1 988 CONDO
6924 MONTAUK CIR $179,900 3 2 1092 CONDO
15964 PARKER RD $249,900 3 1.1 1272 DETACHD
5670 FERNBROOK WAY $249,900 3 2 1631 DETACHD
18793 BENFIELD AVE $275,000 3 2 1915 DETACHD
1674 LARCH ST $300,000 3 2.1 1794 DETACHD
5670 CHILDS RD $329,999 3 2.1 2298 DETACHD
4513 OAKRIDGE RD LOT 30 $383,930 3 2.1 1835 ATTACHD
4522 TRILLIUM WOODS LOT 24 $388,990 3 2.1 1835 ATTACHD
4515 OAKRIDGE RD LOT 31 $409,330 3 2.1 1927 ATTACHD
4524 TRILLIUM WOODS LOT 25 $426,440 3 2.1 2092 ATTACHD
629 IRON MOUNTAIN BLVD $625,000 3 2 1966 DETACHD
816 9TH ST $650,000 4 3 3033 DETACHD
17930 BLUE HERON DR $799,000 4 4.1 5069 DETACHD
19575 35TH CT $997,000 4 3 4181 DETACHD
777 NORTHSHORE RD $1,295,000 3 2.1 3960 DETACHD
19555 35TH CT $1,349,000 6 4 5688 DETACHD
399 Furnace ST $2,150,000 3 3.1 3634 ATTACHD

PENDING SALES (April 16-22, 2012)

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Address List Price # Beds # Baths Total SF Prop Type CDOM
47 EAGLE CREST DR #42 $56,200 2 1 932 CONDO 36
1 CRESTFIELD CT $59,950 1 1 689 CONDO 19
86 KINGSGATE RD $80,800 2 2 924 ATTACHD 33
76 OSWEGO SMT $85,000 2 2 1212 CONDO 77
4 TOUCHSTONE #135 $119,900 3 1.1 1351 CONDO 63
51 ORIOLE LN $176,950 3 2 1216 DETACHD 119
1095 CORNELL ST $194,500 2 1 1416 DETACHD 583
1764 CONIFER DR $260,000 3 1 1200 DETACHD 211
20 PREAKNESS CT $279,000 3 0.2 1790 ATTACHD 8
15430 STEPHANIE CT $284,900 3 2.1 1662 ATTACHD 13
1520 ASH ST $299,900 2 1 1200 DETACHD 7
4991 centerwood ST $299,900 4 3.1 2286 DETACHD 152
19061 INDIAN SPRINGS RD $349,900 4 3 2341 DETACHD 139
4573 OAKRIDGE RD Lot 33 $374,900 3 2.1 1835 ATTACHD 162
4524 TRILLIUM WOODS Lot 25 $426,440 3 2.1 2092 ATTACHD 27
19198 OLSON AVE $524,900 4 2.1 2881 DETACHD 16
14231 DOLPH CT $629,900 3 2 2630 DETACHD 326
3119 Wembley Park RD $895,000 4 3.1 3628 DETACHD 178

SOLD (April 16-22, 2012)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
247 CERVANTES $161,200 $105,000 2 2 1384 CONDO 176
45 EAGLE CREST DR $144,900 $111,900 2 2 1046 CONDO 113
5875 KENNY ST $169,000 $177,500 3 1 1000 DETACHD 2
660 HEMLOCK ST $275,000 $269,900 3 1.1 1648 DETACHD 252
2491 OVERLOOK DR $299,900 $287,900 5 3 3250 DETACHD 5
14 NORTHVIEW CT $389,000 $369,500 4 3.1 3279 ATTACHD 264
4 INDEPENDENCE AVE $450,000 $375,000 4 3.1 3482 DETACHD 152
5490 ROYAL OAKS DR $389,000 $384,940 3 2 1761 DETACHD 5
4571 OAKRIDGE RD Lot 32 $419,680 $408,440 3 2.1 2092 ATTACHD 125
4581 TRILLIUM WOODS Lot 14 $437,840 $437,840 3 2.1 2211 ATTACHD 0
5652 YORKSHIRE CT $454,900 $480,000 4 2.1 3107 DETACHD 18
625 4TH ST $559,000 $505,000 4 3 2254 DETACHD 65
5515 DUNMIRE DR $519,900 $529,900 5 3 3287 DETACHD 314
872 COUNTRY COMMONS $599,000 $550,000 4 2.1 2800 DETACHD 123
575 2ND ST $659,000 $654,500 2 2.1 1752 CONDO 5
15564 VILLAGE DR $749,000 $700,000 3 2.1 3249 DETACHD 176
755 6TH ST $825,000 $845,000 4 3.1 3973 DETACHD 1555

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

News & Notes

Here are some Market Notes for You~

According to the just-released RMLS Market Action Report for March 2012, the combined area of Lake Oswego and West Linn  reported:

  • 613 Active Listings
  • 205 New Listings
  • 117 Pending Sales
  • 84 Closed Sales
  • An average Sale Price of $373,200.
  • Average Time on the Market: 152 Days

Also:

For the Portland Metro Area…………….

  • March 2012: Combination of fewer new listings & more closed sales = lowest unsold inventory since June 2007
  • 1st quarter 2012 as compared to 2011 shows increase of 12.2% in Closed Sales
  • 1st quarter 2012 as compared to 2011 shows increase of 18.2% in Pending Sales
  • 1st quarter 2012 as compared to 2011 shows decrease of 12% in New Listings
  • If you compare March to the previous month of February 2012, Closed Sales grew by 34.2%,

Market Activity 4/9 to 4/15, 2012

It was a busy week in Lake Oswego real estate last week with 18 new listings, 27 pending sales, and 17 closed sales. It feels like spring!

New Listings

55 Oswego Summit, condo, $74,888, 1 BR, 1 Bth, 721 SF

20 Preakness Ct, Attached, $279,000, 3 BR, 2 Bths, 1790 SF

5880 Rockwood Ct, Detached, $280,000, 3 BR, 2 Bths, 1772 SF

1520 Ash St, Detached, $299,900, 2 BR, 1 Bth, 1200 SF

1639 Worthington St, Detached, $338,000, 4 BR, 3 Bths, 1920 SF

1871 Kilkenny Dr, Detached, $349,900, 5 BR, 2.5 Bths, 3086 SF

524 Country Club Rd, Detached, $389,900, 3 BR, 2 Bths, 2168 SF

1690 Fircrest Ct, Detached, $429,900, 3 BR, 3.5 Bths, 2718 SF

15225 Candlewood Ct, Detached, $499,000, 4 BR, 2.5 Bths, 2758 SF

5415 Bay Creek Dr, Detached, $499,900, 4 BR, 2.5 Bths, 2827 SF

4336 Glacier Lily St, Detached, $524,950, 4 BR, 2.5 Bths, 3381 SF

16751 Alder Circle, Detached, $599,000, 4 BR, 2.5+.5 Bths, 2328 SF

14136 Heathrow Ln, Detached, $629,000, 3 BR, 2.5 Bths, 2955 SF

17980 Meadowlark Ln, Detached, $689,000, 3 BR, 2.5 Bths, 3252 SF

217 5th St, Detached, $699,000, 3 BR, 2.5 Bths, 2097 SF

1918 Indian Trail, Detached, $719,000, 3 BR, 3 Bths, 3090 SF

1107 Yates St, Detached, $774,900, 2 BR, 1 Bth, 1222 SF

16847 Greenbriar Rd, Detached, $1,495,000, 3 BR, 2.5+.5 Bths, 2315 SF

Pending Sales

89 Galen St #89, condo, $45,000, 1 BR, 1 Bth, 575 SF, 13 DOM

168 Oswego Summit B23, condo, $119,000, 2 BR, 2 Bth, 1383 SF, 322 DOM

5467 Kenny St, detached, $169,000, 3 BR, 1 Bth, 960 SF, 13 DOM

4214 Woodside Circle, attached, $169,900, 3 BR, 2.5 Bth, 1841 SF, 154 DOM

5055 Foothills Dr H, condo, $180,000, 2 BR, 2 Bth, 1252 SF, 134 DOM

19010 Longfellow Ave, detached, $186,900, 3 BR, 1 Bth, 1232 SF, 24 DOM

5670 Fernbrook Way, detached, $249,900, 3 BR, 2 Bths, 1631 SF, 20 DOM

16546 Bonaire Ave, detached, $255,000, 3 BR, 1 Bth, 1064 SF, 1 DOM

55 Northshore Rd #8, attached, $279,000, 1 BR, 1 Bth, 1574 SF, 234 DOM

720 Pebble Beach Ct, detached, $335,000, 4 BR, 2.5 Bths, 1957 SF, 12 DOM

1238 Hemlock St, detached, $359,000, 3 BR, 2 Bths, 1548 SF, 220 DOM

2834 Glenmorrie Dr, Detached, $379,000, 3 BR, 2.5 Bths, 2459 SF, 213 DOM

8 Camelot Ct, detached, $389,000, 5 BR, 3 Bths, 3084 SF, 255 DOM

460 Boca Ratan Dr, detached, $399,000, 4 BR, 3 Bths, 2368 SF, 958 DOM

4 Hillshire Dr, detached, $409,000, 4 BR, 2.5+.5 Bths, 3084 SF, 210 DOM

9 Spinosa, detached, $425,000, 2 BR, 2.5 Bths, 2250 SF, 39 DOM

201 Ridgeway Rd, detached, $429,000, 2 BR, 1 Bth, 2377 SF, 615 DOM

2357 Hillside Ln, detached, $439,900, 5 BR, 3 Bths, 4162 SF, 45 DOM

4861 Hastings Dr, detached, $470,000, 3 BR, 2.5 Bths, 2320 SF, 3 DOM

9 Westminster DR, detached, $475,000, 5 BR, 3 Bths, 3814 SF, 0 DOM

13849 Melrose PL, detached, $485,000, 3 BR, 2.5 Bths, 2916 SF, 56 DOM

555 Atwater Rd, detached, $599,000, 5 BR, 3 Bths, 4016 SF, 459 DOM

16253 White Oak Dr, detached, $599,999, 5 BR, 3 Bths, 3689 SF, 35 DOM

4103 Casey Ct, detached, $659,900, 4 BR, 2.5 Bths, 3309 SF, 9 DOM

13575 Goodall Rd, detached, $950,000, 4 BR. 5.5 Bths, 4271 SF, 1082 DOM

17399 Canal Circle, detached, $1,525,000, 4 BR, 3.5 Bths, 4442 SF, 35 DOM

Closed Sales

3834 Botticelli St, attached, original price $129,900, closed price $128,500, 2 BR, 2 Bths 25 CDOM

5063 Foothills Dr C, condo, original price $159,900, closed price $140,200, 2 BR, 2 Bths, 107 CDOM

5225 Jean Rd #511, condo, original price $156,000, closed price $148,000, 2 BR, 2 Bths, 83 CDOM

3652 Spring Ln 4F, condo, original price $159,900, closed price, $152,000, 2 BR, 2 Bths, 63 CDOM

58 Greenridge Ct, attached, original price $256,900, closed price $169,000, 3 BR, 2.5+.5 Bths, 51 CDOM

13594 Blazer Trail, detached, original price $350,000, closed price $283,000, 3 BR, 2 Bths, 298 CDOM

5011 Rosewood St, detached, original price $395,000, closed price $315,000, 4 BR, 2 Bths, 123 CDOM

1590 Larch St, detached, original price $365,000, closed price $350,000, 6 BR, 2.5 Bths, 113 CDOM

4585 Trillium Woods Lot 12, attached, original price $405,990, closed price $405,990, 3 BR, 2.5 Bths, 0 CDOM

4525 Trillium Woods Lot 16, detached, original price $409,900, closed price $410,000, 3 BR, 2.5 Bths, 65 CDOM

18034 Westview Dr, detached, original price $430,000, closed price $423,000, 4 BR, 2.5 Bths, 10 CDOM

17930 Meadowlark Ln, detached, original price $525,000, closed price $470,000, 4 BR, 4 Bths, 799 CDOM

13254 Fielding Rd, detached, original price $567,000, closed price $480,000, 3 BR, 2.5 Bths, 159 CDOM

4587 Trillium Woods, Lot 11, attached, original price $489,097, closed price $497,049, 3 BR, 2.5 Bths, 0 CDOM

17802 Marylcreek Dr, detached, original price $509,000, closed price $530,000, 4 BR, 4 Bths, 16 CDOM

16827 Scott Ct, detached, original price $829,000, closed price $715,000, 4 BR, 3.5 Bths, 256 CDOM

215 Chandler Pl, detached, original price $875,000, closed price $825,000, 3 BR, 2.5 Bths, 14 CDOM

strong>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 4/15/12

There will be 29 open houses in Lake Oswego on Sunday. Enjoy!

285 Cervantes, a condo, $145,000, 3 BR, 1.5 Bths, open 1:30 to 3:30

3101 McNary Pkwy #12, a condo, $145,600, 2 BR, 2.5 Bths, open 12 to 3

170 Oswego Summit, a condo, $149,900, 2 BR, 2 Bths, open 1 to 3

23 Bloch Terrace, a townhouse, $195,000, 2 BR, 2 Bths, open 12 to 3

112 Greenridge Ct, a townhouse, $219,900, 2 BR, 3 Bths, open 1 to 3

5880 Rockwood Ct, detached, $280,000, 3 BR, 2 Bths, open 1 to 4

15430 Stephanie Ct, a townhouse, $284,900, 3 BR, 2.5 Bths, open 12 to 4

4251 Woodside Circle, a townhouse, $294,900, 3 BR, 2 Bths, open 12 to 2

14423 Orchard Springs Rd, a condo, $367,500, 3 BR, 2.5 Bths, open 1:30 to 4

5206 Royal Oaks Dr, detached, $379,900, 5 BR, 3.5 Bths, open 1 to 4

15225 Candlewood CT, detached, $499,000, 4 BR, 2.5 Bths, open 1 to 4

5542 Dunmire Dr, detached, $529,900, 4 BR, 2.5 Bths, open 11 to 4

7 Mountain View Lane, detached, $559,950, 5 BR, 2.5 Bths, open 1 to 4

17802 Treetop Lane, detached, $565,000, 4 BR, 3.5 Bths, open 1 to 3

2150 Hillside Ct, detached, $590,000, 4 BR, 3 Bths, open 1 to 3

15655 Fieldstone Dr, detached, $598,950, 3 BR, 2.5 Bths, open 12 to 2

4637 Hastings PL, detached, $599,000, 4 BR, 2.5 Bths, open 1 to 4

15633 Fieldstone Dr, detached, $618,950, 4 BR, 2.5 Bths, open 12 to 2

17601 Woodhurst Pl, detached, $625,000, 3 BR, 2.5 Bths, open 1 to 3

5533 Fieldstone Ct, detached, $628,950, 4 BR, 2.5 Bths, open 12 to 2

17980 Meadowlark Ln, detached, $689,000, 3 BR, 2.5 Bths, open 1 to 3

12994 Sierra Vista Dr, detached, $699,900, 5 BR, 3.5 Bths, open 12 to 3

4102 Chad Dr, detached, $724,900, 4 BR, 2.5 Bths, open 1 to 3

18231 Siena Dr, detached, $994,000, 4 BR, 3.5 Bths, open 12 to 2

19395 Hilltop Rd, detached, $997,500, 4 BR, 3.5+.5 Bths, open 1 to 4

18132 Siena Dr, detached, $1,125,000, 4 BR, 3.5 Bths, open 12 to 2

18202 Bella Terra Dr, detached, $1,145,000, 4 BR, 3.5 Bths, open 12 to 2

18110 Siena Dr, detached, $1,198,950, 4 BR, 3.5 Bths, open 12 to 2

1677 Leslie Lane, detached, $2,150,000, 4 BR, 6.5 Bths, open 1 to 3

Terra the Wonder Dog

Terra, the wonder dog
Meet Terra, the wonder dog. Terra works for EcoTech. She is a specially trained dog to search and find in-ground oil tanks. She is the only dog with this training in Oregon.

I have come to really like working with EcoTech. They are a wonderful company and perform many services. I use them for radon testing and finding and decommissioning of oil tanks.

Just because a house currently does not have oil heat does not mean that it never has. If a house was built before about 1965, you need to think that it may have had oil heat in the past. After all, oil was the least expensive, and therefor the most popular, heat source for the majority of homes prior to about the mid 1960’s. Just as gas heat is today.

So if it is an older home you are buying, you really do need to do a tank search.

Most tank searches use metal detectors. EcoTech still does this. In fact they use 2 different types of detectors. But then they also use Terra. The cost is competitive ($85 at my last tank search a week ago), and you get all 3 searches on the same house.

It’s just really fun to have Terra to watch. So I give my kudos to Terra and to EcoTech for making what would otherwise be a rather mundane task into something fun and interesting.

Dianne