Market Activity ~ April 4-11, 2016

Wow, what a busy week it has been! It has certainly been a very active spring.
Welcome to our new neighbours that have bought their houses here in Lake Oswego! And what a great time of year to move here, as the flowers begin to bloom and sprinkle front yards with color.

Following is the breakdown for you according to RMLS:

New on the Market (April 4 – April 11, 2016)

Address Type Price Bedrooms Bathrooms Sqft
86 KINGSGATE RD CONDO 145,000 2 2 849
668 MCVEY AVE CONDO 229,900 2 1 863
3928 CARMAN DR CONDO 239,900 2 2.5 1129
12848 BOONES FERRY RD ATTACHED 347,000 2 2.5 1182
4902 CHILDS RD DETACHED 355,000 3 1.5 1407
5998 SHAKESPEAR ST DETACHED 362,900 3 1 1227
826 CORNELL ST DETACHED 447,500 2 1 1184
67 TANGLEWOOD DR DETACHED 499,000 4 2.5 3068
5182 TREE ST DETACHED 559,900 4 2 1670
653 3RD ST ATTACHED 575,000 3 2 1270
22 PARTRIDGE LN DETACHED 609,000 4 2.5 3334
812 COUNTRY COMMONS LN DETACHED 975,000 5 4 3631
17896 KELOK RD DETACHED 975,000 6 4.5 4093
471 COUNTRY CLUB CT DETACHED 995,000 4 3 2962
17509 RIDGEVIEW LN DETACHED 1,250,000 4 3.5 3810
356 9TH ST DETACHED 1,480,000 3 3.5 3647
18308 MEADOWLARK LN DETACHED 1,800,000 4 3.5 8060
18008 GREENBLUF DR DETACHED 2,095,000 3 3.5 4402
13050 FIELDING RD DETACHED 2,100,000 4 5 4777
1500 RIDGECREST DR DETACHED 2,500,000 5 5 4817

Pending Sales (April 4 – April 11, 2016)

Address Type Price Bedroom Bathrooms DOM
47 EAGLE CREST DR #11 CONDO 159,900 2 1 12
6925 SW MONTAUK CIR CONDO 175,000 2 1 22
200 BURNHAM RD #102 CONDO 199,900 1 1 33
47 GREENRIDGE CT ATTACHED 229,900 2 1.5 102
16250 PACIFIC HWY #46 CONDO 265,000 2 2 3
16681 LAKE FOREST BLVD DETACHED 300,000 3 1 3
16748 LAKE FOREST BLVD DETACHED 325,000 3 1 4
20 SUMMIT RIDGE CT ATTACHED 389,000 2 2.5 7
1454 GLENMORRIE DR DETACHED 400,000 4 2.5 237
4251 WOODSIDE CIR ATTACHED 419,000 3 2 48
3312 SABINA CT DETACHED 549,900 3 2 39
676 9TH ST DETACHED 449,900 2 1 1
4524 TRILLIUM WOODS ATTACHED 550,000 3 2.5 4
13852 SHIREVA DR DETACHED 550,000 5 3 60
16525 GLENWOOD CT DETACHED 559,900 3 2.5 2
2500 PARK RD DETACHED 579,900 3 3 29
15911 FIR GROVE CT DETACHED 585,000 4 2.5 4
32 MORNINGVIEW CIR DETACHED 599,900 3 2.5 4
18386 DEERBRUSH AVE DETACHED 625,000 4 3 25
480 IRON MOUNTAIN BLVD DETACHED 775,000 5 3.5 4
568 WEIDMAN CT DETACHED 819,000 4 3.5 27
17980 MEADOWLARK LN DETACHED 839,000 4 3.5 4
1821 OAK ST DETACHED 879,000 4 3.5 42
72 NANSEN SMT DETACHED 879,000 4 3 6
1145 TIMBERLINE DR DETACHED 898,859 4 2 213

Sold/Closed (April 4 – April 11, 2016)

Address Type Price Bedroom Bathrooms DOM
47 EAGLE CREST DR #11 CONDO 159,900 2 1 12
6925 SW MONTAUK CIR CONDO 175,000 2 1 22
200 BURNHAM RD #102 CONDO 199,900 1 1 33
47 GREENRIDGE CT ATTACHED 229,900 2 1.5 102
16250 PACIFIC HWY #46 CONDO 265,000 2 2 3
16681 LAKE FOREST BLVD DETACHED 300,000 3 1 3
16748 LAKE FOREST BLVD DETACHED 325,000 3 1 4
20 SUMMIT RIDGE CT ATTACHED 389,000 2 2.5 7
1454 GLENMORRIE DR DETACHED 400,000 4 2.5 237
4251 WOODSIDE CIR ATTACHED 419,000 3 2 48
3312 SABINA CT DETACHED 549,900 3 2 39
676 9TH ST DETACHED 449,900 2 1 1
4524 TRILLIUM WOODS ATTACHED 550,000 3 2.5 4
13852 SHIREVA DR DETACHED 550,000 5 3 60
16525 GLENWOOD CT DETACHED 559,900 3 2.5 2
2500 PARK RD DETACHED 579,900 3 3 29
15911 FIR GROVE CT DETACHED 585,000 4 2.5 4
32 MORNINGVIEW CIR DETACHED 599,900 3 2.5 4
18386 DEERBRUSH AVE DETACHED 625,000 4 3 25
480 IRON MOUNTAIN BLVD DETACHED 775,000 5 3.5 4
568 WEIDMAN CT DETACHED 819,000 4 3.5 27
17980 MEADOWLARK LN DETACHED 839,000 4 3.5 4
1821 OAK ST DETACHED 879,000 4 3.5 42
72 NANSEN SMT DETACHED 879,000 4 3 6
1145 TIMBERLINE DR DETACHED 898,859 4 2 213

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.

The Importance of Seller Disclosure

lake-headerI am directing this post to people who are selling a home, but the knowledge is also important to folks who are buying a home. Oregon has very specific disclosure laws that all people selling real estate must abide by. There are a few exceptions, but they are rare.

To put it simply, when selling a house (this includes condos) you must tell what you know if it is material to the property. Material is physical and real. You must tell what you know. At the time that you list your property for sale you will be asked to complete a 5-page disclosure statement. This statement is a series of questions that will prompt your memory about everything from any deed restrictions to physical defects such as a leaking roof or faulty furnace. I advise my clients to leave no question unanswered. Even if it doesn’t apply to your property choose the option “n/a” or write “n/a” in the margin.

The point at which a buyer receives the disclosure statement is when their offer has been accepted. They are excited and eager to learn more about the house. Once they receive the statement they have 5 business days to revoke their offer. I also think of this as a bit of a cooling offer period. If they are going to get cold feet, let it happen early in the process and before the buyer or the seller have invested more time in the sale. So if the fact that the roof once leaked or the attic was once treated for mold is going to freak them out, find out early, let the deal come apart and everyone can move on. Doing it early is so much better than after the seller looses two weeks of market exposure while the buyer does a home inspection and then finds evidence of a past roof leak or of past mold.

So what should you disclose? EVERYTHING! Even if it seems minor. Even if it has been fixed and never happened again. This is your chance to tell what you know. Our disclosure statement has a 6th page for giving explanations. You can add a 7th, 8th, and 9th page. It simply is not possible to tell too much. When the buyer does the inspection, they are going to find evidence of past defects such as water stains or newer sections of plumbing. If nothing was said in the disclosure statement it makes the buyer feel suspicious. “What else didn’t they tell me?’. Where as if you have done a thorough job of disclosing, they buyer will find the evidence and feel like “OH, sure, they told me about that.”

The bottom line is that you have a legal obligation when you sell real property to tell what you know.

There are 4 exceptions:
If the house is brand new construction (in that case the disclosure requirement is replaced by the permit requirements of the local jurisdiction)
If the house is a bank owned property such as a foreclosure
If the sale is being handled by a legal entity such as a trustee, personal representative, conservator, or guardian
If the seller is a government agency

That’s it. Those are the only exceptions. This means that even if you have never lived in the house but have had it as an investment, you must still disclose what you know about the material condition of the property.

What if something is wrong with the property that you don’t know about? You do not have to disclose what you don’t know. You only have to disclose what you do know. So if the buyer does an inspection and finds defects you don’t know about you may end up negotiating to fix those defects but you aren’t at fault for not knowing about them before hand.

Now I’ve got to give my full disclosure. I am not an attorney. Always seek legal council if you feel you don’t understand this or if you have questions. What I am telling you is my advice based upon my experience.

I hope you have found this helpful.
Dianne

Market Activity March 28-April 3, 2016

OK, it’s official, we are in the full throws of the spring market and the market is HOT! Last week Lake Oswego saw 20 new listings, 31 houses accept offers and go into pending status (13 of those in less than 10 days), and 18 sold/closed transactions. If a house is in desirable condition and priced right, it is selling FAST!

Following is the breakdown for you according to RMLS:

New on the Market (Mar 28-April 3, 2016)

Address Type Price BR Baths Sq Ft
167 Oswego Summit Condo $180,000 2 2 1506
3922 Carman Dr Condo $234,900 2 2.5 1137
3932 Carman Dr Condo $234,900 2 2.5 1133
16748 Lake Forest Blvd Detached $325,000 3 1 1076
17 Britten Ct Attached $359,900 3 2.5 1972
90 Greenridge Ct Attached $368,000 3 2.5 1980
20 Summit Ridge Ct Attached $389,000 2 2.5 1704
5434 Willow Ct Attached $495,000 3 2.5 2423
4 Morningview Pl Attached $499,000 2 2.5 1880
1731 Woodland Terrace Detached $534,900 4 2.5 2714
14450 Holly Springs Rd Detached $575,000 5 3 2238
19505 Olson Ave Detached $748,950 5 2.5 2916
4137 Orchard Way Detached $775,000 5 2.5 3681
844 5th St Detached $1,100,000 3 3 2590
4069 Pfeifer Ct Detached $1,125,000 5 3.5 4332
784 3rd St Detached $1,299,000 5 5 4138
2120 Glenmorrie Dr Detached $1,395,000 4 3.5 4383
7 Garibaldi St Detached $1,400,000 4 3.5 6303
5405 Childs Rd Detached $2,095,000 5 4.5 5702
1210 Chandler Rd Detached $2,799,000 6 6.5+.5 7668

Pending Sales (Mar 28-April 3, 2016)

Address Type Price BR Baths Sq Ft CDOM
96 Galen St Condo $129,000 1 1 550 15
50 Oswego Summit Condo $155,000 1 1 752 1
4 Touchstone Condo $159,900 2 2 984 2
77 Galen Rd Condo $164,900 2 2 993 15
48 Eagle Crest Dr 1C Condo $239,000 2 2 1399 1
191 Oswego Summit Condo $269,000 2 2 1506 5
1225 Cornell St Detached $349,000 3 2 1394 62
5215 Madrona St Detached $389,000 3 2 1305 6
2 Eagle Crest Dr Detached $395,000 3 2 1830 5
1820 Southshore Blvd Detached $450,000 3 2.5 2373 0
1244 Hallinan Circle Detached $465,000 4 3 2485 50
4101 Chapman Way Detached $465,000 3 2.5 1864 142
5674 La Mesa Ct Detached $548,950 3 2 1802 24
5311 Childs Rd Detached $559,000 4 2.5 1766 11
17510 Cardinal Dr Detached $578,500 4 3 2550 36
5124 Lakeview Blvd Detached $579,000 4 3 2932 153
4779 Heritage Ln Detached $585,000 3 2 2121 2
3100 Wembly Park Rd Detached $625,000 3 3 3060 332
2 Walking Woods Detached $649,900 4 3 4116 2
41 Touchstone Detached $675,000 4 3 3092 2
0 Carman Dr Detached $699,000 3 2.5 2751 213
17343 Brookhurst Dr Detached $749,000 4 2.5 3443 11
5632 Grand Oaks Dr Detached $765,000 4 2.5 2898 3
5959 Suncreek Dr Detached $789,960 4 2.5 3315 2
12870 Elk Rock Rd Detached $795,000 4 3 2742 223
4018 Canal Woods Ct Detached $799,900 4 3.5 3600 177
2479 Marylview Ct Detached $810,000 4 3.5 3832 28
1100 Troon Rd Detached $1,200,000 4 2.5+.5 2943 5
2445 Glenmorrie Dr Detached $1,295,000 5 5 5106 196
13050 Knaus Rd Detached $1,699,000 4 3.5 4821 56
13237 Knaus Rd Detached $1,995,000 4 4.5 4900 23

Sold/Closed (Mar 28-April 3, 2016)

Address Type List Price Sold Price Sq Ft CDOM
69 Galen Rd Condo $164,900 $164,900 923 4
5056 Foothills Dr C Condo $273,500 $275,000 1,252 10
6155 McEwan Rd Detached $320,000 $288,000 1,294 108
4305 Silver Ct Attached $339,000 $339,000 1721 7
5365 Greystoke Dr Detached $414,900 $375,000 1541 167
13680 Shireva Dr Detached $459,000 $448,900 1504 120
7 Falstaff St Detached $519,900 $512,500 2740 140
6080 Summer Woods Detached $519,900 $517,450 2326 4
741 Briercliff Ln Detached $519,000 $525,000 2765 39
2 Creekside Terrace Detached $549,900 $540,000 2906 44
17730 Marylbrook Dr Detached $589,900 $570,500 2951 104
5004 Woodcrest Ln Detached $649,900 $650,000 2522 6
5937 Bay Point Dr Detached $789,999 $701,000 3402 143
13613 Provincial Hill Way Detached $1,095,000 $995,000 4327 213
556 7th St Detached $1,219,000 $1,198,000 3911 161
13900 Goodall Rd Detached $1,429,000 $1,350,000 4212 28
1901 Palisades Terrace Detached $3,945,000 $3,400,000 7284 270
3142 Lakeview Blvd Detached $4,350,000 $3,980,000 5554 298

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 ~ February 2016

I’m tellin ya… This market is hot! And there are some great homes out there.

Here are the latest/February numbers for the entire Portland area:

According to the RMLS Market Action Report for the Portland Metro Area, February, 2016:

  • There were 2,896 New Listings in February which was up 15% from January (2,519), and rose over February of 2015 (2,884) slightly, by 0.4%.
  • At 1,813, February Closed Sales fell 2.5% from January’s 1,859, and/but were up 10% from February of 2015’s 1,648.
  • February Pending Sales (Accepted Offers), at 2,786 were up 24.2% from January’s 2,243, and were 9.9% ahead of February of 2015’s 2,534 total.   ***This was the strongest February for Accepted Offers since 2007!
  • The Average Sale Price in February of $364,900 was up significantly from January’s $355,500, and also up almost $37,000 from February of 2015’s $328,000. (!!!)

_____________________________________________________

The combined areas of Lake Oswego and West Linn  (RMLS lumps them together) for the month of February 2016 reported:

    •  260 Active Listings  (Jan was 243)
    •  185 New Listings   (Jan was 150 )
    •  147 Pending Sales    (Jan was 120)
    •  99 Closed Sales   (Jan was 81)
    • Average Sale Price for February: $577,500 (Jan/$498,000. )
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    • Average Time on the Market: 92 Days (Dec was 78)

Market Activity ~ March 21-27, 2016

We saw 15 New properties enter the Lake Oswego market, 15 move to Pending status, and 11 “Closed”/Sold.

***Notice that most of the Pendings and half of the Sold’s were on the market for just 3-7 days.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Mar 21-27, 2016)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR #11 $159,900 2 1 932 CONDO
16250 PACIFIC HWY #74 $274,800 2 2 1324 CONDO
4131 OLD GATE RD $369,950 4 2 1776 DETACHD
5215 MADRONA ST $389,000 3 2 1305 DETACHD
2 EAGLE CREST DR $395,000 3 2 1830 DETACHD
5153 JEAN RD $524,900 8 3 2400 DETACHD
15 MASARYK ST $548,000 4 3 3864 DETACHD
937 OAK ST $595,000 3 3 3080 DETACHD
5632 GRAND OAKS DR $765,000 4 2.1 2898 DETACHD
4121 Childs RD $815,000 4 3.1 3352 DETACHD
4745 LAMONT WAY $975,000 4 3 3192 DETACHD
950 SCHUKART LN $1,098,000 4 2.1 3530 DETACHD
13079 AMBER PL $1,188,000 5 3 3200 DETACHD
3555 LAKE GROVE AVE $1,199,000 4 2.1 3324 DETACHD
1961 Cheryl CT $1,375,000 5 4.1 5124 DETACHD

PENDING SALES (Mar 21-27, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
16250 PACIFIC HWY #72 $249,000 2 2 1305 CONDO 5
5100 UPPER DR $334,900 1 1 956 DETACHD 83
6343 HIAWATHA CT $375,000 3 1 1056 DETACHD 3
3365 UPPER DR $399,900 2 2 1378 DETACHD 4
18922 KRISTI WAY $415,000 2 2 1397 DETACHD 4
16773 ALDER CIR $485,000 4 2 2590 DETACHD 3
4573 OAKRIDGE RD $489,000 3 2.1 1835 ATTACHD 3
2757 GLEN HAVEN RD $519,000 3 2 2420 DETACHD 20
4 CAMELOT CT $640,000 5 3 3344 DETACHD 5
13963 WESTCOTT CT $649,000 4 2.1 2984 DETACHD 7
17743 MARYLCREEK DR $760,000 4 2.1 3288 DETACHD 52
14626 UPLANDS DR $934,900 4 3 2951 DETACHD 4
4367 HAVEN ST $1,070,000 5 3.1 3617 DETACHD 7
531 7TH ST $1,099,000 3 2.1 2818 DETACHD 135
4018 COHO LN $1,199,000 4 4.1 5128 DETACHD 47

SOLD (Mar 21-27, 2016)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
48 EAGLE CREST DR #2D $185,000 $165,000 3 2 1623 CONDO 125
238 RIDGEWAY RD #16C $210,000 $220,000 2 1 914 CONDO 2
1755 KILKENNY RD $280,000 $303,000 3 1 1742 DETACHD 146
69 CONDOLEA TER $379,000 $385,000 2 2.1 2157 CONDO 3
16309 LAKE FOREST BLVD $369,900 $386,000 3 2 1608 DETACHD 120
5402 CARMAN DR $400,000 $400,000 3 1 1699 DETACHD 214
1273 ROCKINGHORSE LN $575,000 $530,000 3 2.1 2192 DETACHD 154
1430 LARCH ST $529,000 $532,000 3 3 2279 DETACHD 48
40 DA VINCI ST $535,000 $550,000 4 2.1 2476 DETACHD 3
2979 RIVENDELL RD $689,900 $680,862 4 2.1 2729 DETACHD 3
17 EL GRECO ST $694,900 $681,250 5 2.1 3060 DETACHD 3

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 Report March 14th – 20th, 2016

Happy Easter everyone!

I hope everybody is having a wonderful day of great breakfast food, colored eggs, and possibly mimosas!

I’m kind of late posting for my week, but at least I got to wish you a happy holiday. Last week we saw a huge boost in pending properties, boy are people buying houses right now. 13 new houses entered the market, a whopping 32 houses went pending, and 14 homes closed.

Following is the breakdown for you according to RMLS:

New on the Market (March 14-20, 2016)

Address Type Price Bedrooms Bathrooms Sqft
77 GALEN RD CONDO 164,900 2 2 993
6925 SW MONTAUK CIR CONDO 175,000 2 1 968
4 TOUCHSTONE #81 CONDO 184,000 3 2.5 1351
6330 SHAKESPEAR ST DETACHED 479,900 4 3 2184
5311 CHILDS RD DETACHED 559,000 4 2.5 1766
1991 WEMBLEY PL DETACHED 599,900 4 2 3042
18386 DEERBRUSH AVE DETACHED 639,000 4 3 2420
3472 TEMPEST DR DETACHED 675,000 4 2.5 3146
17343 BROOKHURST DR DETACHED 749,000 4 2.5 3443
18493 RAY RIDGE DR DETACHED 1,050,000 4 3.5 4401
16686 MAPLE CIR DETACHED 1,195,000 4 3.5 3311
17312 BERGIS FARM DR DETACHED 1,250,000 4 4.5 4808
3140 CHILDS RD DETACHED 1,850,000 5 6.5 6692

Pending Sales (March 14-20, 2016)

Address Type Price Bedroom Bathrooms DOM
86 KINGSGATE RD H-104 CONDO 124,900 2 2 7
96 GALEN ST CONDO 129,000 1 1 1
48 EAGLE CREST DR 3E CONDO 157,900 2 2 139
48 EAGLE CREST DR #2D CONDO 174,900 3 2 125
73 OSWEGO SMT CONDO 179,900 2 2 4
282 CERVANTES CONDO 219,900 2 2 29
3968 CARMAN DR CONDO 239,900 2 2.5 61
5995 SHAKESPEARE ST DETACHED 349,500 3 1.5 5
2500 GREENTREE RD DETACHED 399,900 3 2 4
1304 LAUREL ST DETACHED 417,500 3 2 6
1531 WOODLAND TER DETACHED 448,000 3 2.5 4
17755 HILL WAY DETACHED 475,000 3 3 4
44 DA VINCI ST DETACHED 519,000 4 2 4
17367 LAKE HAVEN DR DETACHED 550,000 3 2 0
16017 OAKRIDGE CT DETACHED 569,000 3 2 3
919 CUMBERLAND RD DETACHED 605,000 4 3 25
17455 BROOKHURST DR DETACHED 648,950 4 2.5 36
17126 HOFER CT DETACHED 668,000 3 3 38
18000 CARDINAL DR DETACHED 674,900 4 3 50
411 REDGEWAY RD DETACHED 695,000 3 2.5 5
877 CORNELL ST DETACHED 698,500 3 3 11
18056 SW WESTMINSTER DR DETACHED 744,000 4 2.5 2
18217 DELENKA LN DETACHED 749,500 4 3 61
16652 WOODSMAN CT DETACHED 779,000 3 2.5 11
13825 MELROSE PL DETACHED 835,000 5 4.5 183
625 3RD ST ATTACHED 837,000 3 2.5 183
18982 BRYANT RD DETACHED 865,000 4 3.5 4
17622 LAKE HAVEN DR DETACHED 1,050,000 3 2 46
2809 ARROWHEAD CT DETACHED 1,560,000 3 3 20
1870 TWIN POINTS RD DETACHED 2,200,000 5 4 182
3142 LAKEVIEW BLVD DETACHED 4,350,000 4 5 298

Sold/Closed (March 14-20, 2016)

Address Type List Price Close Price Sqft DOM
4 TOUCHSTONE #110 CONDO 165,000 164,000 989 28
21 BITTEN CT ATTACHED 359,900 359,900 1972 3
19416 TUALAMERE AVE DETACHED 350,000 368,000 1296 6
8 SUMMIT RIDGE CT ATTACHED 379,900 395,000 1642 4
17015 CHAPIN WAY DETACHED 550,000 590,000 2816 2
4672 AUBURN LN ATTACHED 585,000 585,000 2732 2
14489 CAMDEN LN DETACHED 550,000 590,000 2816 2
1495 WOODLAND TER DETACHED 649,500 630,000 3862 12
1921 GLENMORRIE LN DETACHED 658,000 668,000 2375 1
4867 UPPER DETACHED 799,900 779,000 2845 141
183 FURNACE ST CONDO 1,000,000 955,000 2126 7
822 6TH ST DETACHED 1,099,900 1,082,000 2748 194
3137 DOUGLAS CIR DETACHED 1,450,000 1,450,000 4246 0
3190 DOUGLAS CIR DETACHED 1,559,000 1,650,000 4840 579

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.

Spring Cleaning

Spring is a great time to give your home a good once over. You should do it if you are about to list your house for sale, but you should also do it as a matter of keeping up with maintenance and repair. Being a good steward of your home will maintain and even increase it’s value. So it’s time to roll up your sleeves and get to it!

As you sort, wash, and organize, there is likely going to be a good deal of stuff to dispose of. Oregon is a mecca for recycling and properly disposing of debris, so I thought today would be a good time to go over some basics.

Curb side recycling is amazing. Here in LO you can sort your weekly pick up into garbage, recycling, and yard debris. We have 4 different curb side containers. For yard debris you can put small stuff like grass clippings and leaves and for larger stuff you can put in branches and limbs that are cut into sections. No, you can’t have a tree popping out of the top of the can. It has to be cut up and fit into the can. For recycling you can put out paper, plastic containers that have necks (think containers with twist on tops) and tin cans and clean aluminum. Glass has to be sorted separately and put into its own container.

You can not recycle at the curb plastic bags or molded plastic like the clam shells that vegetables come in. You also can not recycle glass light bulbs or broken dishes.

Yard debris can also be put at the curb in biodegradable bags for an extra pick up charge.

But what to do with the things that can’t be recycled curbside? Here are some answers.

IMG_0894Far West Recycling is right her in Lake Oswego (341 Foothills Rd). They take metal, glass, styrofoam, and elctronics. I have recycled old TVs and computers here for a small donation.

S & H Logging is also local (20200 Stafford Rd) and they take yard debris on a large scale. I’m talking pull every single scrap out of your yard and take it in the back of a flat-bed truck quantity of yard debris. The great thing at S & H is that they also sell landscape supplies like bark dust and compost. So you can take to them what you want to get rid of and bring home what you need.

SouthmetroIMG_0893 is the place to take everything else. Located in Oregon City you can take to them wood waste, garbage, motor oil, paint, appliances, plastics, they pretty much handle it all.

Please, please, please don’t put stuff into landfills that can be recycled. When I travel to other states and see pop cans in the garbage I have a physical reaction to the waste. It is so easy to recycle this stuff. I know not every single citizen of this state is so emphatic, but I do think it is part of our common community. When in Oregon….

Happy house cleaning!
Dianne

Market Activity March 7-13, 2016

It’s been another great week of the spring market ramping up. Lots of houses are coming onto the market and lots are selling. Last week in Lake Oswego we saw 21 new listings, 21 going into pending status, and 16 closed sales. With spring break happening next week this trend will only continue. By my memory the new listings will peak in June at about 35 new listings per week.
Following is the breakdown for you according to RMLS:

New on the Market (March 7-13, 2016)

Address Type Price BR Baths Sq Ft
86 Kingsgate Rd H 104 Condo $124,900 2 2 840
73 Oswego Summit Condo $179,900 2 2 1212
44 Eagle Crest Dr #28 Condo $199,000 3 2 1085
5995 Shakespeare St Detached $349,500 3 1.5 2590
2500 Greentree Rd Detached $399,900 3 2 1502
1304 Laurel ST Detached $417,500 3 2 1540
1531 Woodland Terrace Detached $448,000 3 2.5 1986
4720 Lower Dr Detached $535,000 4 2 2404
5674 La Mesa Ct Detached $548,950 3 2 1802
6 Becket St Detached $560,000 3 2.5 2843
411 Ridgeway Rd Detached $695,000 3 2.5 3094
877 Cornell St Detached $698,500 3 3 3041
14540 Uplands Dr Detached $750,000 3 2.5 2704
18153 Westminster Dr Detached $789,900 4 2.5 3590
1471 Woodland Terrace Detached $819,000 5 4.5 5362
568 Weidman Ct Detached $819,000 4 3.5 3702
18982 Bryant Rd Detached $865,000 4 3.5 3463
19460 Eastside Rd Detached $981,750 5 4.5 4521
429 6th ST Detached $1,049,000 4 2.5 3205
2543 Palisades Crest Dr Detached $1,150,000 3 2.5+.5 4141
13237 Knaus Rd Detached $1,995,000 4 4.5 4900

Pending Sales (March 7-13, 2016)

Address Type Price BR Baths Sq Ft CDOM
205 Oswego Summit Condo $162,900 2 2 1383 20
69 Galen Rd Condo $164,900 2 1 923 4
4000 Carman Dr #88 Condo $169,000 2 2 836 4
6210 Childs Rd Detached $400,000 3 1.5 1296 209
1680 Pine St Detached $419,000 3 3 2472 5
4251 Woodside Circle Attached $419,000 3 2 2068 18
14352 Sherbrook Pl Detached $439,900 3 2.5 1806 96
1899 Country Club Rd Detached $449,500 4 2 1612 1
135 Del Prado St Detached $520,000 4 2.5 2444 0
51 Tanglewood Dr Detached $550,000 4 2.5 2351 3
2500 Park Rd Detached $569,000 3 2.5 1811 3
808 Ellis Ave Detached $599,000 3 2.5 2108 2
5887 Lower Dr Detached $699,000 3 2.5 2526 61
3620 Wren St Detached $700,000 4 3.5 2845 5
1317 Laurel ST Detached $725,000 3 2.5 2259 81
5876 Ridgetop Ct Detached $819,000 4 2.5 3280 6
17193 Lowerberg Terrace Detached $889,900 4 2.5 2973 6
18945 Bryant Rd Detached $987,000 5 3 4755 133
17540 Ridgeview Ln Detached $1,195,000 4 3.5 4345 33
556 7th ST Detached $1,219,000 5 3.5 3911 161
17442 Ridgeview Ln Detached $1,275,000 4 3.5+.5 5036 228
1164 Crestline Ct Detached $1,469,000 5 5.5 6800 58
13056 Knaus Rd Detached $1,688,000 4 3.5 5244 1

Sold/Closed (March 7-13, 2016)

Address Type List Price Sold Price Sq Ft CDOM
104 Oswego Summit Condo $165,000 $145,000 800 25
67 Oswego Summit Condo $184,900 $180,000 1,212 88
14850 Twin Fir Rd Detached $439,000 $439,900 2,018 2
6286 Harrington Ave Detached $474,950 $450,000 3219 249
1140 Hallinan Detached $479,950 $464,000 1744 55
149 Middlecrest Rd Detached $599,000 $475,000 2302 256
15585 Partridge Dr Detached $620,000 $507,000 2604 182
17568 Erin Ct Detached $619,900 $615,000 3008 10
17927 Ridge Lake Dr Detached $649,000 $621,500 2544 142
547 2nd ST Condo $625,000 $625,000 1529 54
15837 Allison Pl Detached $679,000 $635,000 3534 125
1992 Palisades Terrace Dr Detached $849,900 $825,000 4140 25
5355 Rosalia Way Detached $925,000 $915,000 3764 1
2371 Palisades Crest Dr Detached $1,198,000 $1,185,000 4270 11
18016 Skyland Circle Detached $1,790,000 $1,650,000 6304 240
13599 Knaus Rd Detached $2,148,000 $1,953,000 6874 1013

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 ~ Feb 29- Mar 6, 2016

A wide spectrum of New Listings hit the market last week. We saw 19 New properties, 17 move to Pending status, and 12 “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (Feb 29-Mar 6, 2016)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR #88 $169,000 2 2 836 CONDO
200 BURNHAM RD #102 $199,900 1 1 733 CONDO
1680 PINE ST $419,000 3 3 2472 DETACHD
2757 GLEN HAVEN RD $519,000 4 2 2420 DETACHD
5850 BONITA RD $527,500 3 2 1272 DETACHD
2500 PARK RD $569,000 3 2.1 1811 DETACHD
5887 SW LANGFORD LN $629,950 4 2.1 2724 DETACHD
16652 WOODSMAN CT $779,000 3 2.1 3196 DETACHD
19330 RIVER RUN DR $799,000 4 4 3786 DETACHD
5876 RIDGETOP CT $819,000 4 2.1 3280 DETACHD
2479 MARYLVIEW CT $829,000 4 3.1 3832 DETACHD
621 COUNTRY CLUB RD $875,000 4 2.1 3385 DETACHD
17193 LOWENBERG TER $889,900 4 2.1 2973 DETACHD
1269 LAKE GARDEN CT $899,000 4 2.1 2056 DETACHD
2809 ARROWHEAD CT $1,560,000 3 3 2624 DETACHD
1099 TERRACE DR $2,150,000 5 4.1 4965 DETACHD
16852 ALDER CIR $2,185,000 4 3.1 3192 DETACHD

PENDING SALES (Feb 29-Mar 6, 2016)

Address List Price # Beds # Baths Total SF Prop Type CDOM
69 CONDOLEA TER Grnd $379,000 2 2.1 2157 CONDO 3
4725 JEAN RD $385,000 4 2 1433 DETACHD 65
125 MIDDLECREST RD $399,900 3 1 800 DETACHD 23
4851 MADRONA ST $449,900 4 2 1500 DETACHD 6
142 DEL PRADO ST $475,000 4 3 1950 DETACHD 38
14584 RAINBOW DR $545,000 4 3 2570 DETACHD 12
4782 AUBURN LN $569,000 3 3.1 2650 ATTACHD 2
5 WESTMINSTER DR $579,000 5 3 3104 DETACHD 14
16636 MAPLE CIR $600,000 4 2 2030 DETACHD 1
12844 SIERRA VISTA DR $610,000 4 2.1 2501 DETACHD 2
29 SPINOSA $625,000 3 2.2 3262 DETACHD 4
4208 ALBERT CIR $649,900 5 3 2777 DETACHD 18
17183 CARLSON CT $665,000 4 3.1 3366 DETACHD 15
4657 DOGWOOD DR $889,000 4 4 3890 DETACHD 19
18711 WESTVIEW DR $995,000 4 3.1 3591 DETACHD 23
822 6TH ST $1,099,900 3 3 2748 DETACHD 194
1355 Country Commons $1,995,000 4 3.1 4238 DETACHD 198

SOLD (Feb 29-Mar 6, 2016)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
4333 WOODSIDE CIR $349,000 $349,000 3 2 1532 ATTACHD 69
6 THE GROTTO $375,000 $375,000 3 2 1381 DETACHD 14
16060 PEARCY ST $538,000 $538,000 3 3.1 2101 DETACHD 4
17765 TREETOP LN $598,000 $570,000 4 3 3046 DETACHD 42
16510 Maple CIR $590,000 $570,000 5 3 2808 DETACHD 4
19285 MEGLY CT $674,900 $645,000 5 3 3275 DETACHD 46
104 GARIBALDI ST $799,000 $671,880 3 2.1 3074 DETACHD 272
16987 Alder CIR $839,000 $720,000 3 2.1 1989 DETACHD 266
5371 SOUTHWOOD DR $724,900 $735,000 3 3 2751 DETACHD 9
17446 BRYANT RD $925,000 $925,000 4 4 3506 DETACHD 13
4150 UPPER DR $1,050,000 $1,050,000 4 3.1 3465 DETACHD 1
15825 OSWEGO SHORE CT $1,999,900 $1,875,000 3 3.1 4317 DETACHD 146

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 Report Feb 22nd – 28th, 2016

Hello everybody! Gosh hasn’t the weather been crazy? It is raining cats and dogs one moment and then it is nice and sunny. Did anybody have any trees that where blown down yesterday?

So this last week in the market we saw about 12 new properties on the market. My mother and I saw a few during broker’s tour and I can tell you right now that this is a good week for beautiful and unique houses!
22 houses have gone pending, best of luck on quick closes for our potential new neighbors!
13 homes have closed, welcome to Lake Oswego you guys!

Following is the breakdown for you according to RMLS:

New on the Market (Feb 22-28, 2016)

Address Type Price Bedrooms Bathrooms Sqft
3916 CARMAN DR CONDO 239,900 2 21.5 1098
750 1ST ST #35 CONDO 265,000 2 2 1350
1225 CORNELL ST DETACHED 249,900 3 2 1394
210 STATE ST #8 CONDO 354,500 2 2.5 1614
1402 PARRISH ST CONDO 379,000 3 2.5 1862
4851 MADRONA ST DETACHED 449,900 4 2 1500
5829 BENFIELD CT DETACHED 489,000 4 2.5 1744
3312 SABTINA CT DETACHED 549,900 3 2 1600
5 CELLINI CT DETACHED 849,000 5 3.5 4895
336 5TH ST DETACHED 875,000 3 2.5 2018
348 5TH ST DETACHED 875,000 3 2.5 2019
149 FURNACE ST #25 DETACHED 1,788,888 3 3.5 4784

Pending Sales (Feb 22-28, 2016)

Address Type Price Bedroom Bathrooms DOM
84 OSWEGO SMT #84 CONDO 119,000 1 1 12
104 OSWEGO SMT #104 CONDO 140,000 1 1 25
282 CERVANTES CONDO 219,900 2 2 8
5056 FOOTHILLS DR C CONDO 273,500 2 2 10
18567 DON LEE WAY DETACHED 320,000 3 1 26
82 KINGSGATE RD DETACHED 349,500 3 2.5 4
11 SUMMIT RIDGE CT ATTACHED 349,900 2 2.5 42
5363 GREYSTOKE DR DETACHED 414,900 3 2 167
17311 ASHLEY CT ATTACHED 465,000 4 2.5 9
4401 OAKRIDGE RD ATTACHED 489,000 2 2.5 5
6080 SUMMER WOODS DETACHED 519,900 4 2.5 4
24 PARTRIDGE LN DETACHED 544,000 4 2.5 266
13852 SHIRVEA DR DETACHED 550,000 5 3 18
17510 CARDINAL DR DETACHED 599,500 4 3 3
919 CUMBERLAND RD DETACHED 605,000 4 3 4
5004 WOODCREST LN DETACHED 649,900 3 2.5 6
4369 SUNDEW CT DETACHED 658,950 4 2.5 209
408 NERTHSHORE RD DETACHED 949,950 4 3.5 70
14365 FOSBERG RD DETACHED 1,150,000 5 3.5 8
14380 UPLANDS DR DETACHED 1,150,000 4 3.5 7
3101 WEMBLY PARK RD DETACHED 1,369,000 4 4 1

Sold/Closed  (Feb 22-28, 2016)

Address Type List Price Close Price Sqft DOM
6213 HARRINGTON AVE DETACHED 339,000 332,000 960 79
18088 BELMORE AVE DETACHED 405,000 393,000 1304 10
5340 CHINOOK CT DETACHED 410,000 401,000 1862 58
1720 YARMOUTH CIR DETACHED 445,000 401,000 1914 73
5329 CHARLETON CT DETACHED 379,900 415,000 1120 8
3759 LANEWOOD ST DETACHED 419,000 430,000 1783 4
16838 FERNWOOD DR DETACHED 550,000 440,000 1942 132
13160 PETERS RD DETACHED 460,000 440,000 1946 11
14221 DOLPH CT DETACHED 598,000 545,000 2081 23
5646 GRAND OAKS DR DETACHED 729,000 714,000 3388 33
4810 LAKEVIEW BLVD DETACHED 839,000 814,000 3511 134
4287 HAVEN ST DETACHED 1,249,950 1,235,000 4007 18
1933 HIGHLANDS LOOP DETACHED 2,750,000 2,525,000 5031 187

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.