Tag: walk to the farmer’s market

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Market Activity August 18-24, 2014

Here is your Latest Market Data: last week in Lake Oswego we saw 14 New properties enter the market, 27 move to Pending status, and 19 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (Aug 18-24, 2014)

Address Type Price BR Bths SF
4 Touchstone #91 Condo $122,500 2 2 984
200 Burnham Rd #301 Condo $159,000 1 1 948
48 Eagle Crest Dr 2B Condo $204,900 3 2 1623
1180 Oxford Dr Detached $329,900 3 3 1760
5713 Kenny St Detached $349,000 3 2 1384
19180 Indian Creek Ave Detached $365,000 4 3 2392
18978 Indian Springs Circle Detached $425,000 3 2 1900
1310 Lee St Detached $425,000 3 2 2344
1401 Greentree Circle Detached $449,000 3 2 1800
18431 Deer Oak Ave Detached $449,900 4 2.5 2203
120 Condolea Dr Condo $549,900 3 3 2958
2175 Crest Dr Detached $799,900 3 3 2950
18177 Delenka Ln Detached $830,000 5 2.5+.5 3802
18042 skyland Circle Detached $1,150,000 5 3 4800

Pending (Aug 18-24, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #110 Condo $149,000 2 2 1000 24
245 Cervantes Condo $149,900 2 2 1292 5
1316 Cedar St Detached $240,000 1 1 1594 7
1531 Cedar St Detached $264,900 2 1 832 4
16200 Pacific Hwy #21 Condo $269,000 2 2 1190 78
1 Peacock Place Detached $299,000 3 2.5 1248 34
5010 Oakridge Rd Detached $317,500 3 2 1182 4
90 Kingsgate Rd Detached $325,000 3 2.5 1727 326
4291 Woodside Circle Attached $325,000 3 2 2026 49
1795 Fernwood Dr Detached $329,900 3 1 1220 17
16494 Inverurie Rd Detached $349,000 3 1 1200 7
10 Abelard St Detached $394,900 3 2 1874 5
16902 Chapin Way Detached $449,000 3 2.5 1993 4
1191 Oxford Dr Detached $459,950 5 3 2900 57
4575 Oakridge Rd Attached $460,000 3 2.5 1927 49
18893 Indian Springs Circle Detached $469,500 4 3 2841 132
18211 Moria Ct Detached $519,000 4 2.5 2538 14
577 2nd St #306 Condo $570,000 2 2 1459 45
17900 Canal Rd Detached $575,000 4 3 2992 266
17450 Treetop Way Detached $585,000 5 3 3752 0
3333 Royce Way Detached $614,999 4 2.5 2697 295
16 Southwood Dr Detached $632,500 5 2.5 3043 6
435 8th St Detached $695,000 3 3.5 2394 116
841 Northshore Rd Detached $889,850 3 3 2388 68
1776 Oak St Detached $925,000 4 3.5+.5 4012 5
17643 Kelok Rd Detached $950,000 4 2.5 2390 92
2015 Street of Dream Detached $1,998,000 5 4.5 5185 57

Sold/Closed (Aug 18-24, 2014)

Address Type List Price Closed Price Sq Ft CDOM
370 Cervantes Circle Condo $133,000 $111,000 832 83
510 S State St Condo $150,000 $149,000 829 4
4 Touchstone #62 Condo $158,500 $158,500 1351 6
1368 Boca Ratan Dr Attached $262,500 $255,000 1,611 55
5950 Harrington Ave Detached $298,000 $280,000 960 43
6136 Fernbrook Circle Detached $293,455 $306,455 1250 1
135 Kingsgate Rd Detached $357,000 $344,500 1720 17
17440 Hill Way Detached $389,900 $348,000 1492 1
1380 Bonniebrae Dr Detached $415,000 $385,000 2940 37
3065 Royce Way Detached $469,000 $410,000 2726 223
1210 Wells St Detached $525,000 $470,000 4494 132
5 Falstaff St Detached $495,000 $482,000 2,417 12
5415 Bay Creek Dr Detached $600,000 $600,000 3105 3
18322 Anduin Terrace Detached $689,000 $650,000 3771 106
17303 Grandview Ct Detached $675,000 $664,000 3580 49
146 Del Prado St Detached $699,900 $676,000 3263 7
17814 Marylcreek Dr Detached $799,900 $780,000 4497 0
755 6th St Detached $995,000 $909,000 4170 181
3730 Marquis Ct Detached $1,899,000 $1,899,000 6039 489

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

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Market Activity August 4-10, 2014

Summer continues to bring us a very strong real estate market here in Lake Oswego. Last week there were 18 new listings brought onto the market, 25 properties moved to pending status, and 23 closed/sold homes.

Following is the breakdown according to RMLS:

New on the Market (August 4-10, 2014)

Address Type Price BR Bths SF
18660 Don Lee Way Detached $279,900 3 1 946
7210 Childs Rd Detached $295,000 3 2 1542
1795 Fernwood Dr Detached $334,900 3 1 1220
1305 Cornell St Detached $369,900 3 2 2692
3061 Doris Ct Detached $449,000 5 2 2684
1023 Gans St Detached $495,000 3 2.5 2770
18840 Rivendell Ct Detached $499,000 4 3 3060
18211 Moria Ct Detached $519,000 4 2.5 2538
7190 Childs Rd Detached $525,000 3 3 2316
17601 Woodhurst PL Detached $675,000 3 2.5 3179
4258 Albert Circle Detached $689,000 4 2.5 2745
16342 Ivy Ln Detached $699,900 5 3.5 4645
13639 Twin Creek Ln Detached $699,950 4 2.5 3202
2612 Rivendell Rd Detached $799,000 4 3 3168
18977 Barton Rd Detached $825,000 4 3.5+.5 5076
3894 Tamarack Ln Detached $825,000 4 3.5 4035
3600 Southshore Blvd Detached $849,900 3 2.5 2177
16342 Ivy Ln Detached $1,175,000 5 3.5 4645

Pending Sales (August 4-10, 2014)

Address Type Price BR Baths SF DOM
4 Touchstone #110 Condo $149,000 2 2 1000 10
16250 Pacific Hwy #47 Condo $189,900 2 1 1305 79
16200 Pacific Hwy #15 Condo $279,900 2 2 1200 6
4271 Woodside Circle Attached $350,000 3 2 2126 360
17617 Arbor Ln Detached $390,000 3 2 1745 11
50 Condolea Ct Condo $398,000 2 3 2760 85
1380 Bonniebrae Dr Detached $415,000 5 3 2940 37
17225 Chapin Way Detached $425,000 3 2 2257 17
18929 Longfellow Ave Detached $446,000 3 2 1800 7
32 Northview Ct Attached $459,900 4 3.5 3063 117
811 Sunny Hill Dr Detached $489,900 4 3 2964 53
6810 Childs Rd Detached $496,010 4 2 3282 20
2610 Glen Haven Rd Detached $524,995 4 3 3187 90
1282 Hide A Way Ln Detached $525,000 5 3 3300 65
32 Del Prado St Detached $529,900 3 3.5 2602 53
4105 Wood Hill Ct Detached $625,000 4 3 3154 75
2858 Tolkien Ln Detached $658,000 4 3.5 3742 139
2630 Rivendell Rd Detached $710,000 4 3.5 4611 413
5626 Grand Oaks Dr Detached $715,000 3 3.5 3387 73
14183 Taylors Crest Ln Detached $749,999 4 2.5 3624 92
17814 Marylcreek Dr Detached $799,900 5 3.5 3397 8
4063 Canal Woods Ct Detached $999,900 4 3.5 4563 126
1777 Atherton Dr Detached $1,595,000 6 4.5+.5+.5 6237 56
13777 Cameo Ct Detached $1,700,000 4 5.5 7300 28

Sold/Closed (August 4-10, 2014)

Address Type List Price Closed Price Sq Ft CDOM
100 Kerr Pkwy #57 Condo $115,000 $115,000 822 7
44 Eagle Crest Dr #37 Condo $131,900 $131,900 908 57
174 Oswego Summit Condo $179,900 $179,900 1506 24
45 Eagle Crest Dr #100 Condo $215,000 $200,000 1,537 21
4405 Thunder Vista Ln Condo $225,000 $219,000 2002 49
2130 Wembley Park Rd Detached $399,900 $399,900 1544 1
1710 Meadows Dr Detached $399,900 $408,000 1677 66
13053 Sierra Ct Detached $479,900 $452,500 2215 107
17088 Rebecca Ln Detached $499,950 $464,000 2554 301
18343 Anduin Terrace Detached $649,900 $530,000 3000 375
4736 Lakeview Blvd Detached $584,900 $584,900 2838 18
17033 Chapin Way Detached $660,000 $625,000 3,163 113
5027 Rosewood St Detached $659,900 $645,900 3156 85
13268 Deerfield Ct Detached $649,900 $651,900 2895 2
1168 Andrews Rd Detached $725,000 $668,000 1851 13
3766 Rivers Edge Dr Detached $729,900 $719,900 3404 13
4076 Orchard Dr Detached $759,000 $732,000 3991 45
3900 Canal Rd Detached $938,950 $883,500 3759 40
730 Kenola Ct Detached $937,500 $919,200 4319 8
1224 Tyndall Ct Detached $950,000 $925,000 4157 38
16809 Quail Ct Detached $1,000,000 $949,900 4425 40
2120 Glenmorrie Dr Detached $1,275,000 $1,190,000 4293 124
4101 Southshore Blvd Detached $2,850,000 $2,900,000 3707 2

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

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Bring on the Home Inspection

You’ve hired a great Realtor and accepted an offer to sell your home. You know your house. You’ve taken care of it, but it’s not perfect. What is going to turn up in the home inspection? This has got to be one of the most agonizing parts of the selling process. Here are some tips and pointers to help know what to expect.

ladderGet your house ready
The inspector is going to be going on the roof, opening and closing every door and window, and thoroughly investigating the entire house. You need to make his job possible by creating easy access to the attic hatch and the crawl space entrance. These are often in closets that are full of coats, luggage, and assorted personal items. Find these entries and clear out the path to the opening. You can just set things in the adjoining room and then put it all back when the inspection is over. Likewise, the inspector needs to get to the electrical panel. If it’s behind stacked boxes in the garage, it’s a problem. Move those boxes, shelves and toys so that the inspector does not have to.

radonIf there is going to be a radon test, you need to maintain “closed house” conditions for 12 hours prior to the test starting. You can come and go, just don’t leave doors or windows standing open. These conditions must be maintained during the duration of the test (usually 48 hours). This can be hard in the summer, but you must abide by the guidelines or the test will be defective.

Stay Away
Home inspections will last anywhere from 2-5 hours depending upon the inspector and the inspections being done. It’s not uncommon for multiple inspections to be done including sewer scopes and air samples. So be patient. Please don’t be circling the block. This creates pressure upon the buyer and the buyer’s Realtor to hurry to conclusion. This is not fair to the buyer who has an agreement that allows him the opportunity to do his own investigation.

There are two problems that occur if you are present at your buyer’s home inspection. First, the buyer feels awkward. The inspection will specifically be searching for defects. Finding them creates conversation that the buyer simply prefers you not hear. Second, you will put yourself in a position of being asked questions. A person selling a home wants the inspection to go well. While trying to be helpful, you may actually dig your self into a hole by suggesting you’ll take care of issues when you haven’t seen the full list of demands, or worse, representing knowledge you don’t really have. Your roof may not have ever leaked, but do you really know if it’s been flashed correctly? Stay away and stay out of trouble.

crawlspaceBe Reasonable
A successful sale needs both the buyer and the seller treating one another fairly and reasonably. Everything is negotiable and that is why Realtors are there to represent you. A Realtor will know if the items on the repair list are necessary for financing, are within the scope of normal requests, and if the sales price reflects the condition of the property.

So don’t panic, all will be well. Just know what to expect and do your part to get your house ready and accessible.

Thanks for reading,
Dianne

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Market Activity July 21-27, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 16 new properties enter the market, 26 move to pending status, and 16 closed/sold.

Following is the breakdown according to RMLS:

New on the Market (July 21-27, 2014)

Address Type Price BR Bths SF
18852 Longfellow Ave Detached $314,900 3 1.5 1232
16875 Tracy Ave Detached $320,000 4 2 1825
200 Burnham Rd Condo $385,000 3 2 1862
17617 Arbor Ln Detached $390,000 3 2 1745
69 Condolea Terrace Condo $395,000 2 2.5 2157
4208 Harvey Way Detached $419,000 2 2 2132
17225 Chapin Way Detached $425,000 3 2 2257
2105 Greentree Rd Detached $459,950 3 2.5 1864
960 9th St Detached $475,000 2 1 1509
32 Del Prado St Detached $529,900 5 3 3696
251 D Ave Detached $825,000 3 2.5+.5 2635
17288 Lowenberg Terrace Detached $875,000 4 3.5 3467
744 9th St Detached $1,295,000 4 3.5 4255
915 Skyland Dr + Lot Detached $1,350,000 6 4.5 7072
1199 Fairway Rd Detached $2,995,000 4 4.5+.5 5527
16835 Greenbrier Rd Detached $6,950,000 6 5.5+.5+.5 8852

Pending Sales (July 21-27, 2014)

Address Type Price BR Baths SF DOM
14344 Holly Springs Rd Detached $399,000 3 2.5 1699 0
25 Monticello Dr Detached $409,000 3 2.5 2606 3
28 Westridge Dr Detached $429,900 3 2.5 2580 49
1440 Cherry Crest Ave Detached $435,000 4 2.5 1938 41
4908 Mulholland Dr Attached $439,000 3 2.5 2498 8
37 Churchill Downs Detached $460,000 3 2.5 2372 8
5300 Dawn Ave Detached $479,500 4 3 2544 180
13753 Provincial Hill Dr Detached $479,900 3 2.5 1935 4
17573 Blue Heron Ct Detached $540,000 4 3 2401 142
1611 Highland Dr Detached $549,000 4 2.5 2675 14
5747 Victoria Ct Detached $569,000 4 2.5 2432 7
16158 Inverurie Rd Detached $619,900 4 2.5 2744 3
17641 Brookhurst Dr Detached $659,000 4 2.5 3386 2
14150 Amberwood Circle Detached $665,000 3 2.5 2500 14
543 2nd St Condo $686,000 2 2.5 1816 69
658 1st St Detached $699,000 5 3.5 3359 3
14183 Taylors Crest Ln Detached $749,999 4 2.5 3624 74
2479 Marylview Ct Detached $769,000 4 3.5 3832 18
1603 Bay View Ln Detached $824,000 4 2.5 3650 57
17230 Fernwood Dr Detached $899,900 4 2.5 2780 56
755 6th St Detached $909,000 4 3.5 4170 181
17643 Kelok Rd Detached $1,074,000 4 2.5 2390 63
16359 Chapin Way Detached $1,250,000 4 3.5 4158 59
1045 Skyland Dr Detached $1,250,000 4 3 3942 2
13710 Knaus Rd Detached $1,995,000 4 4.5+.5 5780 64

Sold (July 21-27, 2014)

Address Type List Price Closed Price Sq Ft CDOM
3101 McNary Pkwy Attached $239,000 $215,000 1894 604
3902 Carman DR Attached $204,900 $242,500 13334 3
60 Greenridge Ct Attached $312,000 $295,000 2296 17
77 Greenridge Ct Attached $300,000 $300,000 2,102 0
5073 West Sunset Dr Attached $364,900 $371,500 1720 5
628 1st St Attached $450,000 $445,000 1776 8
2388 Overlook Dr Detached $525,000 $480,000 2765 65
2103 Ridgewood Rd Detached $583,000 $499,000 1650 88
3033 Westview Circle Detached $900,000 $536,000 5013 254
14412 Meadow Grass St Detached $584,000 $560,000 3259 260
2251 Hillside Dr Detached $598,000 $588,000 3467 34
16673 Ford Pl Detached $709,000 $705,000 3,100 81
630 8th St Detached $995,000 $979,000 2832 132
4333 Haven St Detached $999,900 $979,900 3652 56
4515 West Rd Detached $1,350,000 $1,285,000 5262 4
17471 Cardinal Dr Detached $1,369,000 $1,325,000 3181 10

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

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Lease Options

ArtAt least once every year I have someone who wants to look into doing a lease option. It is usually a buyer I am working with, but it can also be a seller.

There are quite a few reasons a person would want to do an lease option. Usually it is because financially their situation will be different a year from now. Perhaps they want to save money for a down payment or they expect to be receiving money that could become a down payment. They need to move now and would really like to just move once: rent today and buy tomorrow.

I am currently working on a property that I represented the seller on who accepted a lease option. It is a very unique situation. Aging parents noticed the house for sale across the street from their daughter and son-in-law. Parents were not certain how their health and their personal situation would look a year ago. They entered into a lease option with my seller to “test the waters” with the house. It has worked out very well for them and they are now buying the house.

For my client, the seller, he appreciated the sound financial standing the buyer was able to demonstrate. In addition, he negotiated a good sales price by being willing to work with the option. He was not living in the house, having already moved. So his circumstances fit the situation as well.

Here is how the option worked. The buyers put down a very large, non-refundable option fee. This fee was paid directly to the seller. So the seller got a nice sum right up front. That option fee is being applied to the price of the house now that the option is being exercised. The buyers moved in and began paying rent. 10% of the rent they have paid for the last year is also being applied to the purchase price now that the option is being exercised. So the seller got money up front and got steady rent for a year. The buyer has already paid a portion of the purchase price through the rent and the option fee. It is coming together pretty smoothly.

However, there is risk. A seller needs legal council before entering into a lease option. That council needs to review his loan documents to see if the “Due on Sale” Clause usually contained in a mortgage can be triggered by a lease option. If it can, and the lender finds out about the option, the lender can call the loan due in full. This could create a bit of a crisis for both the seller who now has to cash out a mortgage,Oswego-Lake and for the buyer who may or may not want to buy the house.

I also think that most of the folks I council about lease options really are not in a position to do one. This is because if the reason for the option is lack of funds today, then they don’t have the means to pay an option fee up front.

My last comment is that a buyer wanting a lease option is probably better off simply finding a rental until they are ready to buy. There are very few sellers willing to do lease options. So finding a home you love, that is also available with a lease option, really narrows your house selection.

Real estate has so many things going on and, yes, lease options are one of them. It may even be something that would fit your current circumstances. Do not hesitate to give me a call if you have any questions.
Dianne, 503-803-6298

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Market Activity July 7-13, 2014

Here is your Latest Market Data: Last week in Lake Oswego we saw 23 New properties enter the market, 22 move to Pending status, and 15 “Closed”/Sold.

Following is the breakdown according to RMLS:

New on Market (July 7-13, 2014)

Address Type Price BR Bths SF
45 Eagle Crest DR #516 Condo $155,000 1 1 600
16250 Pacific Hwy #55 Condo $269,000 2 2 1305
1400 Parrish St Condo $335,000 3 2.5 1880
16250 Pacific Hwy #76 Condo $345,000 3 2 1761
205 Hidalgo St Detached $499,900 3 3.5 3032
1611 Highland Dr Detached $549,000 4 2.5 2675
1161 Upper Devon Ln Detached $549,000 3 2.5 2265
577 2nd ST #306 Condo $570,000 2 2 1459
4252 Albert Circle Detached $599,000 4 2.5 2842
8 Hidalgo St Detached $599,900 4 3.5 3123
5415 Bay Creek Dr Detached $600,000 3 2.5 3105
18910 Terry Ave Detached $638,800 4 4.5 4290
555 Country Club Rd Detached $639,900 3 2.5 2133
14150 Amberwood Circle Detached $665,000 3 2.5 2500
1116 C Ave Detached $679,000 4 2.5 3611
15001 Twin Fir Rd Detached $679,900 4 3 2664
146 Del Prado St Detached $699,900 3 3 3263
71 Nansen Summit Detached $749,900 4 2.5 3523
2479 Marylhurst Pl Detached $839,000 4 2.5 4281
1525 Maple St Detached $899,000 3 3.5 2815
18224 Bella Terra Dr Detached $1,225,000 4 3.5 4050
13777 Cameo Ct Detached $1,700,000 4 5.5 7300

Pending Sales (July 7-13, 2014)

Address Type Price BR Baths SF DOM
44 Eagle Crest DR #15 Condo $100,000 1 1 798 94
4 Touchstone #62 Condo $158,500 3 2.5 1351 6
45 Eagle Crest DR #100 Condo $215,000 3 2 1537 21
1368 Boca Ratan Dr Attached $257,500 2 2 1611 55
13 Saint Helens Circle Detached $310,880 3 2.5 2022 143
19200 Indian Creek Ave Detached $338,000 3 2 1443 14
3009 Wembley Park Rd Detached $375,000 3 1.5 1763 3
15465 Tanager Dr Detached $379,000 2 2 1535 6
43 Aquinas St Detached $449,000 3 2.5 2138 31
529 2nd ST Condo $450,000 2 2 1339 25
1950 Green Acres Ln Detached $479,000 4 2.5 2659 485
18343 Anduin Terrace Detached $550,000 4 2.5 3000 375
828 5th St Detached $550,000 2 2 1884 10
4581 Trillium Woods Attached $567,890 3 2.5 2211 2
15254 Candlewood Ct Detached $599,000 5 3 2968 126
17033 Chapin Way Detached $639,000 5 2.5 3163 113
13268 Deerfield Ct Detached $649,900 4 2.5 2895 2
17303 Grandview Ct Detached $675,000 4 3.5 3580 49
827 5th St Detached $689,000 3 2 2124 50
654 Ridgeway Rd Detached $825,000 4 2 1795 27
2105 Ridge Pointe Dr Detached $850,000 5 3.5 5513 110
2120 Glenmorrie Dr Detached $1,200,000 4 3.5 4293 124

Sold (July 7-13, 2014)

Address Type List Price Closed Price Sq Ft CDOM
86 Kingsgate Rd B103 Condo $136,500 $129,000 924 55
3956 Carman Dr Attached $199,950 $207,000 1107 10
4296 Sunset Dr Detached $359,000 $369,000 1680 2
1044 Obrien St Detached $387,500 $378,980 1,902 9
2660 Lookout Ct Detached $469,000 $445,000 2565 90
5189 Coventry Ct Detached $514,900 $450,000 1936 104
1858 Southshore Blvd Detached $484,000 $455,000 2068 45
4639 Black Forest Ct Detached $499,000 $499,000 2197 21
1012 Andrews Rd Detached $574,900 $510,000 2143 109
15644 Fieldstone Dr Detached $575,000 $575,000 2588 56
18283 Lothlorien Way Detached $639,500 $610,000 3015 16
4311 Upper Dr Detached $995,000 $940,000 5,051 87
17342 Ridgeview Ct Detached $1,250,000 $1,236,878 4240 294
688 Iron Mountain Blvd Detached $1,299,000 $1,260,000 4143 4
3214 Lakeview Blvd Detached $7,500,000 $3,475,000 5800 1119

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

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Market Activity June 23-30, 2014

We had a bit of a surge in new listings last week with 35 properties entering the market. 22 moved to pending status. 27 homes became closed/sold properties.

Following is the breakdown according to RMLS:

New on the Market (June 23-30, 2014)

Address Type Price BR Bths SF
100 Kerr Pkwy Condo $115,000 2 1.5 822
3902 Carman Dr Attached $204,900 3 2.5 1334
750 1st ST D25 Condo $224,900 2 2 1350
482 S State ST 3B Condo $225,000 2 1 1659
26 Wheatherstone Attached $249,900 3 2.5 1692
7140 Childs Rd Detached $285,000 3 1 2032
18325 SW 65th Ave Detached $315,000 3 2 1071
19200 Indian Creek Ave Detached $338,000 3 2 1443
135 Kingsgate Rd Detached $357,000 3 2.5 1647
5073 W Sunset Dr Attached $364,900 2 2.5 1720
2130 Wembley Park Rd Detached $399,900 3 1.5 1544
1380 Bonniebrae Dr Detached $415,000 5 3 2940
15 Touchstone Detached $425,000 4 2.5 2276
2944 Dellwood Dr Detached $425,000 3 3 2152
386 Livingood Ln Detached $439,000 3 3 2480
836 Oak St Detached $439,500 3 2.5 2856
5665 Washington Ct Detached $447,500 3 2 1928
3225 Tempest Dr Detached $448,000 3 2.5 2231
1677 Laurel St Detached $469,900 4 3.5 2445
1191 Oxford Dr Detached $475,000 5 3 2900
76 Touchstone Detached $479,000 5 2.5 2856
5099 Galen St Detached $479,000 4 2.5 2246
12 Scarborough Dr Detached $549,000 4 2.5 2943
828 5th St Detached $550,000 2 2 1884
3815 Southshore Blvd Detached $574,900 4 2 2638
5807 Ridgetop Ct Detached $649,900 5 2.5 2610
1403 Greentree Ave Detached $669,000 5 3.5 4047
2341 Stonehurst Ct Detached $675,000 4 2.5 3406
504 10th St Detached $750,000 3 2 2300
1936 Palisades Lake Ct Detached $750,000 4 2.5+.5 3939
1051 Country Commons Detached $889,000 4 2.5 3582
814 Lake Shore Rd Detached $899,000 4 2.5 1972
257 Iron Mountain Blvd Detached $899,000 4 2.5+.5 3746
730 Kenola Ct Detached $937,500 4 3.5 4319
2015 Street of Dream Detached $1,998,000 5 4.5 5185

Pending Sales (June 23-30, 2014)

Address Type Price BR Baths SF DOM
3834 Botticelli St Condo $190,000 2 2 1055 109
5487 Tualata Ct Detached $260,000 3 2 1191 0
6360 McEwan Rd Detached $275,500 3 1.5 1450 19
304 6th St Detached $399,900 1 1 941 134
17200 Warren Ct Detached $404,000 4 2.5 2241 132
10 Mozarteum Ct Detached $445,000 3 3 2755 6
628 1st St Attached $450,000 2 2.5 1776 8
16943 Greentree Ave Detached $479,000 4 3.5 2433 29
10 Hotspur St Detached $492,000 4 2.5 2313 4
2103 Ridgewood Rd Detached $499,000 4 2 1650 88
10 El Greco St Detached $529,000 4 3 2862 3
2251 Hillside Dr Detached $598,000 4 3 3467 34
17879 Sundown Ct Detached $635,000 4 2.5 4172 3
14167 Edenberry Dr Detached $659,000 4 2.5 2851 9
14564 Kruse Oaks Blvd Detached $689,900 5 2.5 3001 10
1876 Palisades Lake Ct Detached $697,900 3 2.5 3178 61
16672 Ford Pl Detached $709,900 4 3 3100 81
5676 Suncreek Dr Detached $799,000 4 3.5 3312 2
841 Northshore Rd Detached $889,850 3 3 2388 12
4515 West Rd Detached $1,350,000 4 3.5 5262 4
13648 Goodall Rd Lot 1 Detached $1,497,000 4 4.5+.5 5206 513
4101 Southshore Blvd Detached $2,850,000 3 3.5 3707 2

Closed/Sold (June 23-30, 2014)

Address Type List Price Closed Price Sq Ft CDOM
4 Touchstone #106 Condo $119,900 $119,900 984 2
206 Ridgeway Rd Condo $149,000 $149,000 778 1
4047 Jefferson Pkwy Condo $172,500 $176,750 1228 3
198 Cervantes Attached $229,000 $229,000 1,266 26
23 Bloch Terr Attached $269,000 $260,000 1394 45
4429 Thunder Vista Ln Condo $269,900 $266,000 1793 0
12731 19th Ave Detached $359,900 $327,500 2020 75
136 Kingsgate Rd Detached $345,000 $340,000 1570 11
2762 Vale Ct Detached $419,500 $412,000 1972 4
9 Masaryk St Detached $399,900 $378,500 2692 81
790 Laurel St Detached $379,850 $385,000 2040 5
13134 Vermeer Dr Detached $412,000 $412,000 1,972 4
15443 Meadowlark Ct Detached $469,000 $459,000 1872 1
1731 Highland Dr Detached $473,900 $469,000 2636 21
18 Morningview Circle Detached $540,000 $520,000 2931 64
99 Garibaldi ST Detached $525,000 $526,000 2626 12
4900 Upper Dr Detached $549,000 $555,000 2468 6
4713 Amherst Ct Attached $589,000 $570,000 2,980 8
340 8th St Detached $589,000 $580,000 2038 14
1132 Troon Rd Detached $585,000 $591,000 1585 23
3015 Royce Way Detached $689,900 $625,000 4081 41
220 Greenwood Rd Detached $670,000 $670,000 2742 20
13300 Fox Run Detached $699,900 $684,500 4484 60
3211 Westview Ct Detached $722,500 $696,000 3325 287
17356 Bryant Rd Detached $724,900 $715,000 3140 36
14385 Pfeifer Dr Detached $749,000 $750,000 3891 5
163 Iron Mountain Blvd Detached $1,429,000 $1,385,000 4314 103

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

Posted on

Featured Property: 16998 Greentree Ave

I am excited to tell you about a new listing in the Palisades neighborhood. This house is unique in a couple of ways.

Greentree 003First, it’s a mid-century modern home with a stunning floor-to-ceiling stone fireplace and open-beamed wood ceilings. Retro details include period door knobs and clean lines, all reflective of having been built in 1968.

Greentree 012Second, it’s a tremendous value for the area. With 2392 square feet, there are 4 bedrooms, 2 1/2 baths, a big living room + a big family room, all for $409,900. On the same block of homes there is a house that is slightly larger for $499,000 and a recently remodeled home that is slightly smaller for $549,000. So the price on this house is a real value. The price reflects the fact that some remodeling has been done, but more is needed. The house has new exterior paint, a certified roof, and an updated kitchen. But it still needs updates to the baths and new windows.

Third, this house has a second kitchen in the lower level. The lot has a gentle slope with the carport and a separate entry downstairs. This makes the home ideal for in-law quarters, 2 separate living areas for house sharing, and any number of combinations. It is extremely flexible space.

Greentree 011The house has a big sunny lot that is fully fenced. It is adjacent to the Greentree pool. The new owner can continue the membership at the pool for $525 a year.

I would love to answer your questions and have the opportunity to show you this home. Please do not hesitate to contact me.
Dianne, 503-803-6298

Posted on

Market Activity June 9-15, 2014

It’s been another strong week for real estate in Lake Osweago.

Here is your Latest Market Data: Last week in Lake Oswego we saw 25 New properties enter the market, 24 move to Pending status, and 23 “Closed”/Sold. Following is the breakdown according to RMLS:

New on the Market (June 9-15, 2014)

Address Type Price BR Bths SF
18 Oswego Summit Condo $74,000 1 1 765
111 Touchstone Terrace Attached $249,900 2 2 1341
5720 Kenny St Detached $299,900 3 2 1416
4291 Woodside Circle Attached $339,000 3 2 2026
880 Boca Ratan Dr Detached $389,900 5 3 2364
1716 Hallinan St Detached $399,000 4 3 1872
16998 Greentree Ave Detached $409,900 4 2.5 2392
43 Aquinas St Detached $449,000 3 2.5 1936
1440 Cherry Crest Ave Detached $459,900 3 2.5 1938
811 Sunny Hill Dr Detached $499,999 4 3 2964
876 Sunny Hill Dr Detached $519,000 4 2.5 2164
18212 Indian Creek Dr Detached $549,900 4 2.5 2251
4736 Lakeview Blvd Detached $584,900 5 3.5 2838
14167 Edenberry Dr Detached $659,000 4 2.5 2851
551 2nd St Condo $660,000 2 2 1631
2131 Wembley Park Rd Detached $675,000 4 2.5 3228
5005 Dogwood Dr Detached $819,000 4 3.5 4068
5435 Washington Ct Detached $824,900 4 3.5 3318
841 Northshore Rd Detached $949,850 3 3 2388
13711 Fielding Rd Detached $995,000 4 5 4649
925 Iron Mountain Blvd Detached $1,095,000 4 3.5 3555
17471 Cardinal Dr Detached $1,369,000 5 3.5 3181
16775 Graef Circle Detached $1,450,000 3 2.5 2448
1777 Atherton Dr Detached $1,595,000 6 4.5+.5+.5 6033
16655 Maple Circle Detached $2,200,000 4 4.5 3228

Pending Sales (June 9-15, 2014)

Address Type Price BR Baths SF DOM
44 Eagle Crest Dr #37 Condo $131,900 2 1 908 57
3884 Botticelli St #34 Condo $155,000 2 1.5 1132 88
5225 Jean Rd #506 Condo $159,900 2 2 1100 7
4047 Jefferson Pkwy Condo $172,500 3 2.5 1228 3
6360 McEwan Rd Detached $275,500 3 1.5 1450 5
5875 Kenny St Detached $299,900 3 1 1113 3
18275 TerryCt Detached $319,000 3 1.5 1270 23
5172 Lakeview Blvd Detached $379,500 3 2 1438 42
17270 Bryant Rd Detached $384,900 3 3 2619 1
5365 Lakeview Blvd Detached $395,000 4 2.5 1754 1
1710 Meadows Dr Detached $399,900 3 2 1677 56
4711 Rembrandt Ln Detached $399,900 3 2.5 2050 36
708 Sunny Hill Dr Detached $479,900 3 2 1977 33
2 Morningview Circle Detached $489,000 3 2.5 2954 4
4 Camelot Ct Detached $499,900 5 3 3344 115
363 6th St Attached $559,900 3 3.5 2258 218
17350 Canyon Dr Detached $634,900 6 3.5 3488 107
18717 Pilkington Rd Detached $674,900 4 2.5 2684 48
15578 Village Dr Detached $889,000 3 2.5 3630 19
630 8th St Detached $979,000 4 2.5 2832 132
18000 Sarah Hill Ln Detached $999,999 4 2.5 3280 31
18325 Crestline Dr Detached $1,240,000 5 4 5418 74
752 8th ST Detached $1,250,000 4 3.5 4550 53
3140 Childs Rd Detached $1,950,000 5 5.5 6449 145

Sold (June 9-15, 2014)

Address Type List Price Closed Price Sq Ft CDOM
13060 Elk Rock Rd A Detached $175,000 $100,000 502 87
4465 Golden Ln Attached $249,900 $236,000 1996 39
16231 Parker Rd Detached $289,000 $292,000 1549 3
772 Lake Forest Dr Detached $377,500 $367,500 888 4
1290 Hide A Way Ln Detached $400,000 $400,000 2530 5
17151 Campus Way Detached $419,000 $407,000 2418 14
824 Evergreen Rd Detached $465,000 $443,750 1420 14
29 Del Prado St Detached $459,900 $445,000 2972 14
1551 Woodland Terrace Detached $468,000 $459,000 2712 40
4908 Hastings Dr Detached $489,750 $465,000 2096 47
1430 Woodland Terrace Detached $469,000 $469,000 3162 49
53 Touchstone Detached $525,000 $525,000 2,740 7
18060 Cardinal Dr Detached $529,900 $529,900 2547 20
1428 Pine St Detached $550,000 $530,000 2736 93
2401 Glen Haven Rd Detached $535,000 $545,000 2779 15
4303 Sundew Ct Detached $599,000 $560,000 3355 21
1830 Cloverleaf Rd Detached $598,000 $589,000 1857 56
16589 Woodsman Ct Detached $749,000 $749,000 5,113 12
14110 Goodall Rd Detached $995,000 $970,000 3945 132
1475 Skyland Dr Detached $1,000,000 $975,000 3695 132
18025 Skyland Circle Detached $1,199,000 $1,095,000 5379 228
16777 Phantom Bluff Detached $1,400,000 $1,135,000 5045 326
1793 Atherton Dr Detached $1,595,000 $1,280,000 6500 327

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