Once upon a time there was a transaction wherein the Realtor representing the Buyer noticed some abnormalities in the Seller’s answers to questions on the Disclosures. FYI, when you are selling a home, the best and only rule is “Disclose, disclose, disclose!”. In this situation, the Seller, who had lived in the house for some time, seemed to have excellent knowledge of some things and no knowledge at all of things such as whether the roof had leaked while he/she lived there, whether there were any drainage problems on the property, and whether the main systems of the house were in good working order. A quick call to the Seller’s agent resulted in answers forthcoming that the Seller had not experienced any leaking from the roof, nor noticed any drainage problems, and that the systems were all working just fine. I think Seller’s get nervous when filling out these disclosures as they can seem like being asked to air your dirty laundry. Disclosures, however, are really important to the Seller and the Buyer alike. Basically, you just want to look at each question and answer to the best of your ability and knowledge. Sometimes an “N/A” is in order. Sometimes a “Yes” or a “No” is really called for, and sometimes an “Unknown” is absolutely fine. If you are a Seller and fail to disclose something about the property, and it becomes apparent after closing, you could possibly be liable for misrepresenting on your Disclosures… even if it was just a slip of the pen or a spat of bad memory. It’s much better to just let it all hang out, and your Buyers will appreciate your obvious candor. A Buyer feels much more comfortable seeing a few dings on the disclosures than they do wondering at odd answers or obvious misstatements… such as that all work was done with permits when the naked eye can tell that some was not. Again, sometimes you have to take a moment to remember… especially if you’ve lived in a home for a long time. So anyhoo, better just to lay it all out there. Calms everyone right down, protects you as the Seller & sets the tone for a good transaction.
Oil Tanks & the DEQ
Speaking of instructional situations… Make sure that when you are purchasing or selling a home whose heating system has been updated at some point, you check to find out if there was ever an underground oil tank on the property. Dianne and I have written posts on this in the past and you can find them in the archives here, but it is very important to find out 1) If one was/is on the property, 2) If so, was it decommissioned?, and 3) If it was decommissioned, was a DEQ Certificate obtained? (You can call DEQ, give them your address, and find out pretty quickly.) This last question is the kicker, and I find that people are confused about it. If you are a Seller and bought your home with the understanding that it had an oil tank that was decommissioned, but you did not find out if there was a DEQ Certificate and there is NOT one… You will most certainly be required to provide one before closing (Your Buyer does not want to inherit this situation for themselves for when they sell in the future). This involves calling a DEQ-licensed Environmental Services provider. The process includes locating the underground tank, taking soil samples, checking the decommission job if one was done, and verifying that it was done to DEQ standards. If all this checks out, you can get yourself a DEQ Certificate to pass on to your Buyer. So… better to check this out before putting your property on the market rather than getting surprised during a transaction. And Buyers… remember to ask your Realtor about this for more clarification.
Feel free to call Dianne or myself any time for more information on any of the tidbits we provide. We love to help our Property Blotter readers and clients! Hope this was helpful to you today.
Last week Lake Oswego saw 12 New properties hit the market, while 10 went Pending and 15 Sold.
All over we are seeing the typical house-buying frenzy that usually occurs before the start of a new school year. Notably, we are also seeing an uptick in sales over last year as pointed out in the lastest RMLS Market Action Report (see my report from last Wednesday). Feel free to give Dianne or myself a call if you’re out there a part of it, and need some help.
Gotta go! Dianne and I are touring LO Houses today. Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (August 17—August 23, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# Beds
# Baths
Total SF
Prop Type
List Date
12 POLONIUS ST
$262,300
4
2.1
3,066
DETACHD
8/20/2009
16573 BONAIRE AVE
$284,900
4
2
1,560
DETACHD
8/20/2009
113 KINGSGATE RD
$309,000
3
2
1,538
DETACHD
8/21/2009
5077 W SUNSET DR
$349,900
2
2.1
1,720
ATTACHD
8/23/2009
4505 WILDWOOD ST
$369,900
3
2
1,720
DETACHD
8/17/2009
18238 TERRY AVE
$415,000
3
2.1
1,604
DETACHD
8/23/2009
31 BECKET ST
$429,800
3
2.1
2,365
DETACHD
8/21/2009
3560 TEMPEST DR
$449,900
3
2.1
2,847
DETACHD
8/21/2009
1820 KILKENNY DR
$588,000
4
3
3,040
DETACHD
8/23/2009
18125 WESTMINSTER DR
$759,000
4
3.1
3,969
DETACHD
8/18/2009
4190 CHAD DR
$929,000
4
3.1
3,876
DETACHD
8/19/2009
18143 SIENA DR
$1,197,000
5
4.1
4,152
DETACHD
8/17/2009
PENDING SALES (August 17 -August 23, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# Beds
# Baths
Total SF
Prop Type
List Date
CDOM
188 OSWEGO SMT
$187,500
2
2
1,383
CONDO
7/23/2009
62
4749 FIRWOOD RD
$229,900
3
1.1
1,440
DETACHD
8/4/2009
13
6137 CHILDS RD
$240,000
3
1
946
DETACHD
8/7/2009
10
10 CONDOLEA DR
$250,000
2
2
1,312
ATTACHD
6/25/2009
371
17100 BRYANT RD
$287,900
3
3
2,032
DETACHD
7/31/2009
18
4722 HASTINGS PL
$489,900
4
2.1
2,151
DETACHD
8/14/2009
505
6110 CHILDS RD
$499,000
4
3
3,258
DETACHD
4/1/2009
138
301 IRON MOUNTAIN BLVD
$999,000
4
3.2
3,004
DETACHD
4/14/2009
125
100 GARIBALDI ST
$999,900
5
3.2
4,669
DETACHD
7/1/2009
334
128 NORTHSHORE CIR
$1,479,000
3
3.1
3,550
DETACHD
5/16/2009
764
SOLD (August 17-August 23, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Sale Price
# Beds
# Baths
Total SF
Prop Type
CDOM
4 TOUCHSTONE DR
$141,750
$133,500
3
2.1
1,351
CONDO
170
86 KINGSGATE RD
$149,900
$135,000
2
2
849
CONDO
64
4 TOUCHSTONE DR
$153,900
$155,900
3
2.1
1,350
CONDO
121
276 CERVANTES
$183,000
$174,000
3
2
1,209
CONDO
27
12822 BOONES FERRY RD
$234,900
$217,500
2
2.1
1,136
CONDO
25
1140 HALLINAN CT
$339,895
$329,950
3
2
1,875
DETACHD
127
11 CELLINI CT
$599,950
$565,000
5
3
3,392
DETACHD
76
5709 CHARLES CIR
$593,500
$587,500
4
2.1
3,060
DETACHD
9
706 MCVEY AVE
$949,000
$780,000
3
2
2,000
DETACHD
391
17251 CEDAR RD
$899,900
$850,000
3
3.1
3,175
DETACHD
637
17814 MARYLCREEK DR
$985,000
$850,000
4
3.1
4,307
DETACHD
56
950 OAK TER
$1,220,000
$947,500
4
2.1
3,714
DETACHD
595
2625 SUMMIT DR
$1,337,500
$1,079,975
4
3.1
4,212
DETACHD
72
17334 BERGIS FARM DR
$1,737,000
$1,200,000
5
4.1
5,654
DETACHD
335
2500 GLEN EAGLES RD
$2,275,000
$2,025,000
5
4.1
5,565
DETACHD
431
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.
There are 22 great properties being held Open on Sunday according to RMLS. Enjoy your tour of homes & feel free to call Dianne or myself if you need a little help! Here you go:
According to the latest Market Action Report for the Portland area “Closed sales in the Portland metro area for July 2009 eclipsed last July’s total by 8.6%, marking the first time same-month closed sales have increased since April 2007. Pending sales also grew 8.3%. New listings dropped 25.4% . Comparing July 2009 with June 2009, closed sales increased 11.9% (1,988 v. 1,776) and pending sales were up a slight 0.3% (2,170 v. 2,164). New listings fell 8.2% (3,907 v. 4,257).”
RMLS now offers a “Short Sale” search field for Agents to search using this criteria. It seems as though Agents are slow to be updating their listings to reflect this, but once all records are updated, this should be a helpful tool.
Amtrak may soon be cruising through Lake Oswego if feasibility and other studies yield positive results. The opportunity has come about as a direct result of avaiable funds from the 2009 American Recovery and Reinvestment Act, which has earmarked $8 billion for high-speed rail. It appears that going this route would be less expensive than repairing the line AMTRAK is currently using, which takes it through Oregon City. The benefits also reportedly include projected increased ridership, increased timliness, and reduced carbon emissions. This change would replace the Oregon City stop with one in Tualatin. ODOT has decided to apply for the funds to do a 2-year Environmental Impact Study.
The NW Natural 2009 Street of Dreams is underway, running from August 1 – 30. This year is a little different than most in that it showcases four premier condo home developments in Portland’s “Pearl District”, including nine incredible penthouses ranging in price ffrom $1 to $2.5 million. This year also focuses on LEED standard and eco-friendly building. Check it out and buy your tickets at: http://www.streetofdreamspdx.com/home/home.php
Lake Oswego is in the middle of discussions with citizens regarding proposed “Sensitive Lands” changes. To learn more about sensitive lands & view an FAQ page on this subject, visit: http://www.ci.oswego.or.us/plan/Nature/FAQ_Handout_080609.pdf Opinions run the gamut and there is currently lively debate on all sides.
Last week brought 11 new listings to Lake Oswego, 12 Pending sales, and 12 closed sales. Interesting to me was that all of the new listings are around 500k or less. That is the price range that is selling best. There is a very direct impact, in my opinion, on the sales activity that has been created by the First-time Homebuyer Tax Credit that is part the Federal Government’s stimulus package. No, I don’t think a first-time buyer will be buying a $500,000 house. But I do think the houses that are $350,000 or less will be in large part purchased by first-time buyers. And the homeowners who sell those will either buy again or choose to rent. So there may be some push up to the homes priced just up from the $350,000 range. The tax credit requires that buyers close on their purchase by the end of November. So for this week’s new listings, I would think that they are well positioned for a quick sale if they a in nice condition and priced correctly.
Having said all of that about last week’s new listings, I also make note of the sale at 890 Lakeshore: $2,275,000 and it sold in just 13 days, for full price.
(see below the tables for additional notes):
NEWLY LISTED (August 10—August 16, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BTHS
Total SF
Prop Type
List Date
4 TOUCHSTONE
$179,500
2
2
984
CONDO
8/13/2009
5354 LOWER DR
$309,000
3
1
1,565
DETACHD
8/10/2009
406 8th ST
$365,000
3
1.1
2,437
DETACHD
8/13/2009
16240 PARKER RD
$374,700
3
2
1,454
DETACHD
8/15/2009
18922 REDWING WAY
$379,900
4
2
2,076
DETACHD
8/12/2009
15580 PARTRIDGE DR
$398,000
4
2.1
2,245
DETACHD
8/13/2009
31 DA VINCI ST
$424,900
4
2.1
2,232
DETACHD
8/13/2009
17221 ROBB PL
$427,500
3
2
1,812
DETACHD
8/13/2009
138 KINGSGATE RD
435000
3
2.1
1,600
DETACHD
8/12/2009
17886 TUALATA AVE
468500
4
2
1,994
DETACHD
8/10/2009
939 SUNNY HILL DR
515000
4
2.1
3,254
DETACHD
8/15/2009
PENDING SALES (August 10-August 16, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
14431 SHERBROOK PL
$249,900
4
3
2,605
DETACHD
254
17928 ROYAL CT
$269,900
3
2
1,272
DETACHD
111
5 PEACOCK PL
$299,950
4
2.1
1,760
DETACHD
135
4 WHEATHERSTONE
$334,950
3
2.1
1,692
CONDO
86
16695 GLENWOOD CT
$449,000
4
3
3,104
DETACHD
336
3355 UPPER DR
$470,000
4
2
3,205
DETACHD
23
2981 VALE CT
$475,000
5
2.1
3,516
DETACHD
436
14121 GABRIELLE CT
$609,000
4
2.1
3,006
DETACHD
55
5501 RACHEL LN
679900
4
2.2
3,509
DETACHD
623
5831 SUNCREEK DR
685000
4
2.1
2,733
DETACHD
27
18051 KELOK RD
799000
5
3.1
3,670
DETACHD
401
1149 LAKESHORE RD
1150000
4
2.1
2,660
DETACHD
143
SOLD (August 10-August 16, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
82 OSWEGO SMT
$220,000
$210,000
2
2
1,212
CONDO
82
16501 LAKE FOREST BLVD
$319,900
$299,900
3
1
1,429
DETACHD
52
5214 LOWER DR
$659,000
$356,000
4
2.1
2,904
DETACHD
547
12537 27TH PL
$369,000
$369,500
4
2.1
2,375
DETACHD
12
1462 Worthington ST
$424,000
$395,000
4
3
1,800
DETACHD
108
17144 Warren CT
$585,000
$500,000
4
2.1
2,725
DETACHD
335
2161 HILLSIDE CT
$699,900
$519,900
4
3
3,347
DETACHD
357
645 COUNTRY CLUB RD
$975,000
$750,000
4
2.1
3,262
DETACHD
570
17259 LOWENBERG TER
$999,900
770000
4
2.1
2,955
DETACHD
662
943 SW ATWATER RD
$1,435,000
930000
4
2.1
3,874
DETACHD
331
3155 DOUGLAS CIR
$1,379,000
965000
5
3.2
4,517
DETACHD
385
890 LAKESHORE RD
2275000
2275000
3
3.1
3,200
DETACHD
0
Criteria:Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.
Last week Lake Oswego saw 15 New properties hit the market, while 12 went Pending and 9 Sold.
Of the 9 that sold, 7 were under $500,000. 7 of the 12 Pending sales were also priced under $500,000. While, of the 15 coming on the market fresh, 5 are priced under $500,000.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (August 3—August 9, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# Beds
# Baths
Total SF
Prop Type
List Date
4749 FIRWOOD RD
$229,900
3
1.1
1,440
DETACHD
8/4/2009
6137 CHILDS RD
$240,000
3
1
946
DETACHD
8/7/2009
5424 WASHINGTON CT
$299,900
2
1
1,296
DETACHD
8/6/2009
3290 WEMBLEY PARK RD
$309,900
5
3
2,614
DETACHD
8/5/2009
8 BUCKINGHAM TER
$465,000
4
2.1
3,186
DETACHD
8/7/2009
676 9TH ST
$525,000
2
1
1,850
DETACHD
8/6/2009
644 7TH ST
$530,000
3
2.1
1,658
DETACHD
8/7/2009
1570 WOODLAND TER
$569,500
3
2.1
2,212
DETACHD
8/3/2009
17479 BROOKHURST DR
$699,000
4
2.1
3,551
DETACHD
8/6/2009
4380 UPPER DR
$784,900
4
4.1
4,071
DETACHD
8/5/2009
16705 GLENWOOD CT
$799,000
4
3
4,243
DETACHD
8/9/2009
5459 WESTFIELD CT
$875,000
5
3.1
3,670
DETACHD
8/3/2009
1920 GLENMORRIE DR
$995,000
3
3.1
4,284
DETACHD
8/7/2009
3136 DOUGLAS CIR
$1,125,000
4
3.1
4,022
DETACHD
8/5/2009
1101 Crestline CT
$3,995,000
4
4.3
7,226
DETACHD
8/7/2009
PENDING SALES (August 3-August 9, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
45 EAGLE CREST DR
$139,900
1
1
768
CONDO
78
23 MOUNTAIN CIR
$285,000
2
2
1,300
DETACHD
17
4090 WESTBAY RD
$299,900
2
1
917
DETACHD
34
17860 Sundown CT
$310,000
4
3.1
3,480
DETACHD
136
13024 ROGERS RD
$369,900
4
1
1,826
DETACHD
83
802 SUNNY HILL DR
$429,000
4
2.1
2,508
DETACHD
16
5807 RIDGETOP CT
$479,900
4
2.1
2,650
DETACHD
15
6 NORTHVIEW CT
$500,000
4
3.1
3,188
ATTACHD
115
745 4TH ST
$500,000
3
2
2,662
DETACHD
206
20 DA VINCI ST
$599,900
5
3
3,089
DETACHD
25
4305 UPPER DR
$749,000
4
2.1
3,474
DETACHD
78
16359 CHAPIN WAY
$1,289,000
4
3.1
4,158
DETACHD
404
SOLD (August 3-August 9, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# Beds
# Baths
Total SF
Prop Type
CDOM
82 GREENRIDGE CT
$249,900
$218,000
3
2.1
2,868
CONDO
79
2071 BONNIEBRAE DR
$295,000
$279,900
3
2
1,611
CONDO
392
15265 BOONES WAY
$349,900
$338,500
2
2.1
1,560
ATTACHD
46
108 RIDGEWAY RD
$499,000
$379,000
3
1
1,468
DETACHD
112
16919 LAKERIDGE DR
$425,000
$400,000
4
3
2,710
DETACHD
295
2802 GREENTREE RD
$449,500
$449,500
3
2.1
2,280
DETACHD
3
15195 LILY BAY CT
$524,900
$730,000
4
2.1
4,099
DETACHD
163
320 CHANDLER PL
$1,900,000
$1,800,000
5
3.1
4,675
DETACHD
38
2793 POPLAR WAY
$2,395,000
$1,825,000
5
5.1
6,300
DETACHD
1290
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.
Last week was really interesting as far as market activity. We had 20 new listings and 21 pending sales. I think that’s the first week that I’ve seen in months where we actually had more houses sold than houses coming onto the market. Also interesting is that key box activity was down. This means that fewer key boxes were being opened. As you are probably aware, we had a heat wave with pretty much every day over 90 and several in a row over 100. So people were not out in large numbers getting into houses, but those who did were serious buyers and making offers. We had 13 closed sales.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (July 27—August 2, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# BR
# BHTS
Total SF
Prop Type
List Date
100 KERR PKWY
$91,800
1
1
671
CONDO
7/31/2009
48 EAGLE CREST DR
$248,900
3
2
1,623
CONDO
7/28/2009
18231 TERRY AVE
$399,900
3
2
1,764
DETACHD
7/31/2009
13045 PRINCETON CT
$449,000
3
2.1
2,900
DETACHD
7/26/2009
13821 REGENCY CT
$450,000
4
2.1
2,139
DETACHD
7/31/2009
18410 DEERBRUSH AVE
$495,000
4
2.1
2,217
DETACHD
7/27/2009
4673 Lakeview ST
$499,000
3
2.1
1,900
DETACHD
7/31/2009
4018 COHO LN
$539,000
3
2
2,489
DETACHD
7/31/2009
149 DEL PRADO ST
585000
4
3.1
3,266
DETACHD
7/30/2009
18116 PIONEER CT
589900
5
3
3,500
DETACHD
8/1/2009
1970 GREENTREE RD
624900
4
3
2,428
DETACHD
7/30/2009
844 5TH ST
849900
3
3
2,590
DETACHD
7/28/2009
17606 WOODHURST PL
850000
5
3.1
4,488
DETACHD
7/27/2009
18360 DELENKA LN
898000
4
3.1
4,346
DETACHD
7/30/2009
4211 CHAD DR
949000
5
3.1
3,937
DETACHD
7/29/2009
737 COUNTRY CLUB RD
1095000
4
2.1
3,100
DETACHD
7/31/2009
1560 COUNTRY COMMONS LN
1099000
4
3.5
4,638
DETACHD
7/30/2009
17677 WESTVIEW DR
1423000
5
4.1
5,031
DETACHD
7/27/2009
16764 ALDER CIR
1679000
4
4.1
3,456
DETACHD
7/30/2009
1790 SKYLAND DR
1695000
5
4.1
6,033
DETACHD
7/29/2009
PENDING SALES (July 27-August 2, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
Close Price
List Price
# BR
# BTHS
Total SF
Prop Type
CDOM
15210 BOONES WAY
$170,000
2
2
1,185
CONDO
50
12844 BOONES FERRY RD
$229,900
2
2.1
1,136
CONDO
135
1889 BOCA RATAN DR
$229,900
3
2
1,393
ATTACHD
7
16651 LAKE FOREST BLVD
$257,900
3
1
1,230
DETACHD
184
68 TOUCHSTONE
$299,000
5
4.1
3,148
DETACHD
104
655 HEMLOCK ST
$314,900
3
1.1
1,352
DETACHD
16
800 WOODWAY CT
$325,000
4
3
2,066
DETACHD
107
1307 CEDAR ST
$350,000
4
3
2,054
DETACHD
253
17501 HILL WAY
369900
3
2
1,694
DETACHD
6
6109 SUMMER WOODS
390000
4
2.1
2,331
DETACHD
254
2802 GREENTREE RD
449500
3
2.1
2,280
DETACHD
3
16439 LEXINGTON CT
474900
2
2
1,563
DETACHD
49
101 3RD ST
474900
3
2
1,447
CONDO
376
686 SUNNY HILL DR
569500
4
2.1
2,300
DETACHD
67
5568 KODERRA AVE
599000
4
2.1
3,072
DETACHD
196
14135 EDENBERRY DR
775000
4
2.1
3,174
DETACHD
98
755 6TH ST
1185000
4
3.1
3,973
DETACHD
639
3270 LAKEVIEW BLVD
1275000
3
3
3,295
DETACHD
147
14062 Goodall RD
1419000
4
3.1
4,220
DETACHD
404
13770 CAMEO CT
1998000
4
5.1
6,669
DETACHD
198
890 LAKESHORE RD
2275000
3
3.1
3,200
DETACHD
0
SOLD (July 27-August 2, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# BR
# BTHS
Total SF
Prop Type
CDOM
100 SW KERR PKWY
$97,900
$96,000
1
1
617
CONDO
70
86 KINGSGATE RD
$139,900
$169,900
2
2
849
CONDO
419
47 EAGLE CREST DR
$137,500
$135,200
2
1
932
CONDO
52
668 MCVEY AVE
$383,500
$200,000
3
1.1
985
CONDO
982
5063 Foothills DR
$259,000
$225,000
2
2
1,031
CONDO
213
4366 WOODSIDE CIR
$349,000
$309,000
3
2.1
1,762
ATTACHD
97
17280 WESTVIEW DR
$399,900
$340,000
3
2.1
2,324
DETACHD
31
4959 BILFORD LN
$547,500
$499,900
3
2.1
2,456
DETACHD
45
4114 GLACIER LILY ST
$559,000
515000
4
2.1
2,470
DETACHD
65
17215 LOWENBERG TER
$850,000
804000
4
2.1
2,819
DETACHD
550
14067 GOODALL RD
$1,249,000
950000
4
3.1
3,784
DETACHD
759
975 LAKE FRONT RD
$2,100,000
1500000
3
3
3,232
DETACHD
293
1915 SW CHILDS RD
$2,199,000
1500000
5
5.2
5,689
DETACHD
397
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.
Now we’re cookin’… in more ways than one! Last week Lake Oswego saw 25 New properties hit the market, while 15 went Pending and 15 Sold.
Here is the latest market activity for Lake Oswego (see below the tables for additional notes):
NEWLY LISTED (July 20—July 26, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
LIST DATE
Address
List Price
# Beds
# Baths
Total SF
Prop Type
List Date
7202 SW MONTAUK CIR
$99,900
2
1
968
CONDO
7/23/2009
45 EAGLE CREST DR
$199,000
3
2
1,348
CONDO
7/20/2009
1889 BOCA RATAN DR
$229,900
3
2
1,393
ATTACHD
7/20/2009
4610 LAMONT WAY
$299,900
3
2
1,750
DETACHD
7/20/2009
595 6TH ST
$349,900
3
2
893
DETACHD
7/23/2009
18407 DEER OAK CIR
$365,000
4
2
1,812
DETACHD
7/23/2009
17501 HILL WAY
$369,900
3
2
1,694
DETACHD
7/23/2009
1520 LABURNUM WAY
$419,000
4
2
1,724
DETACHD
7/23/2009
36 NOVA CT
$425,000
4
2.1
2,256
DETACHD
7/25/2009
802 SUNNY HILL DR
$429,000
4
2.1
2,508
DETACHD
7/20/2009
5 FALSTAFF ST
$430,650
4
2.1
2,433
DETACHD
7/23/2009
14 MONTICELLO DR
$434,500
4
2
2,766
DETACHD
7/20/2009
5044 GREENSBOROUGH CT
$449,000
4
2.1
2,124
DETACHD
7/25/2009
566 5TH ST
$459,000
3
2
2,177
DETACHD
7/20/2009
3355 UPPER DR
$470,000
4
2
3,205
DETACHD
7/22/2009
5587 CARMAN DR
$519,000
4
3.1
2,617
DETACHD
7/24/2009
24 INDEPENDENCE AVE
$549,950
6
3.1
3,561
DETACHD
7/23/2009
14867 TWIN FIR CT
$579,000
6
3.1
3,641
DETACHD
7/25/2009
14175 TAYLORS CREST LN
$649,900
3
3
3,250
DETACHD
7/23/2009
13504 STREAMSIDE DR
$679,000
4
2.1
3,467
DETACHD
7/21/2009
12748 SW 22ND AVE
$699,000
3
2.1
3,052
DETACHD
7/22/2009
363 Sixth ST
$699,900
3
3.1
2,258
ATTACHD
7/22/2009
135 FURNACE ST
$709,900
2
2.1
1,927
CONDO
7/22/2009
1876 PALISADES LAKE CT
$779,900
3
2.1
3,178
DETACHD
7/20/2009
5587 CARMAN DR
$850,000
4
3.1
2,617
DETACHD
7/24/2009
PENDING SALES (July 20-July 26, 2009)
ADDRESS
LIST PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
List Price
# Beds
# Baths
Total SF
Prop Type
CDOM
86 KINGSGATE RD
$139,900
2
2
849
CONDO
419
668 MCVEY AVE
$249,850
3
1.1
985
CONDO
982
17570 MARDEE AVE
$264,900
3
1
1,050
DETACHD
47
805 SW COUNTRY CLUB RD
$279,900
3
2
1,981
DETACHD
10
5318 RED LEAF ST
$309,950
3
2
1,460
DETACHD
4
705 ELLIS AVE
$374,500
3
2.1
1,872
DETACHD
366
20 HOTSPUR ST
$425,000
4
2.1
2,456
DETACHD
5
11 CELLINI CT
$569,950
5
3
3,392
DETACHD
76
2130 HILLSIDE CT
$675,000
5
2.2
3,954
DETACHD
8
17386 BLUE HERON RD
$679,000
4
3.1
4,063
DETACHD
796
799 COUNTRY CLUB RD
$700,000
6
2.1
4,410
DETACHD
742
645 COUNTRY CLUB RD
$769,000
4
2.1
3,262
DETACHD
175
950 OAK TER
$999,950
4
2.1
3,714
DETACHD
595
17178 CEDAR RD
$1,095,000
5
3.1
4,209
DETACHD
92
2625 SUMMIT DR
$1,289,900
4
3.1
4,212
DETACHD
72
SOLD (July 20-July 26, 2009)
ADDRESS
ORIG. PRICE
SALE PRICE
TOT. BEDS
TOT. BATHS
TOT. SQ FT
PROP TYPE
DOM
Address
O/Price
Close Price
# Beds
# Baths
Total SF
Prop Type
CDOM
44 EAGLE CREST DR
$165,000
$162,000
3
2
1,085
CONDO
20
3876 BOTTICELLI ST
$169,900
$165,000
2
2
1,275
ATTACHD
202
4705 LAKEVIEW BLVD
$425,000
$200,000
3
0.1
1,208
DETACHD
143
1897 BOCA RATAN DR
$249,480
$221,500
3
2.1
1,739
ATTACHD
77
6025 SW CARMAN DR
$299,900
$238,900
3
1.1
1,346
DETACHD
86
4325 COUNTRY WOODS CT
$334,900
$285,000
3
2
1,346
DETACHD
40
907 BULLOCK ST
$369,950
$313,800
4
2
2,020
DETACHD
125
1695 MEADOWS DR
$407,500
$320,000
4
3
2,185
DETACHD
396
15 MASARYK ST
$349,900
$349,900
3
3
3,680
DETACHD
131
131 WILBUR ST
$450,000
$350,000
2
2
1,312
DETACHD
106
14371 HOLLY SPRINGS RD
$414,900
$385,500
4
2.1
1,939
DETACHD
354
762 LAKE FOREST DR
$412,125
$412,000
4
3
1,970
DETACHD
9
14232 MEADOW GRASS ST
$530,000
$495,000
4
3
2,965
DETACHD
298
17090 FERNWOOD DR
$949,900
$730,000
4
3.1
3,998
DETACHD
302
1340 CHERRY LN
$1,950,000
$1,200,000
4
4.1
5,795
DETACHD
445
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.
We’ve got 23 properties to see in Lake Oswego on Sunday. This time out we are nearly half & half under & at/over a million.
Get out there and enjoy this glorious Sunday in Lake Oswego! Dianne and I are here to help if you need assistance & are not already working with a Realtor.
Here are those that will be held open according to RMLS:
4000 Carman Dr #47 $181,900 2 Bd, 2 Ba Open 1-3
4433 Thunder Vista Ln $275,000 2 Bd, 2 1/2 Ba Open 12-2
5318 Red Leaf St $309,950 3 Bd, 2 Ba Open 1-3
655 Hemlock St $314,900 3 Bd, 1 1/2 Ba Open 3-5
17501 Hill Way $369,900 3 Bd, 2 Ba Open 1-4
1023 Lund St $399,000 4 Bd, 2 1/2 Ba Open 1-4
3 Cellini Ct $429,000 4 Bd, 2 1/2 Ba Open 1-4
1565 Bedford Ct $429,000 2 Bd, 2 Ba Open 1-4
2802 Greentree Rd $449,500 3 Bd 2 1/2 Ba Open 12-3
566 5th St $459,000 3 Bd, 2 Ba Open 1-4
13342 Auburn Ct $489,900 3 Bd, 2 1/2 Ba Open 2-4
5830 Sunbrook Dr. $549,000 5 Bd, 2 1/2 Ba Open 12-2
220 Greenwood Rd $749,900 3 Bd, 4 Ba Open 1-3
17537 Cardinal Dr $995,000 5 Bd, 4 Ba Open 1-3
3270 Lakeview Blvd $1,275,000 3 Bd, 3 Ba Open 1-3
17464 Ridgeview Ln $1,298,950 4 Bd, 3 1/2 Ba Open 2-4
622 Oak Meadow Dr $1,325,000 4 Bd, 3 1/2Ba Open 2-4
664 Oak Meadow Dr $1,355,000 4 Bd, 3 1/2 Ba Open 2-4
18110 Siena Dr $1,394,000 4 Bd, 3 1/2 Ba Open 1-3
657 Oak Meadow Dr $1,395,000 4 Bd, 3 1/2 Ba Open 2-4
17364 Ridgeview Ct $1,425,000 4 Bd, 3 1/2 Ba Open 2-4
17433 Ridgeview Ln $1,495,000 4 Bd, 4 1/2 Ba Open 2-4
1835 Palisasdes Terrace Dr $1,899,500 4 Bd, 3 Ba Open 1-3
According to the latest Market Action Report for the Portland area “Closed sales in the Portland metro area for July 2009 eclipsed last July’s total by 8.6%, marking the first time same-month closed sales have increased since April 2007. Pending sales also grew 8.3%. New listings dropped 25.4% . Comparing July 2009 with June 2009, closed sales increased 11.9% (1,988 v. 1,776) and pending sales were up a slight 0.3% (2,170 v. 2,164). New listings fell 8.2% (3,907 v. 4,257).”