Tag: walk to the farmer’s market

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Market Activity Sept 30-Oct 6, 2013

Last week was extremely balanced with near equal numbers in all categories: 15 new listings, 15 pending sales, and 19 closed sales.

Here is the breakdown of activity last week according to RMLS:

NEW SALES (Sept 30-Oct 6, 2013):

Address Type Price BR Bths SF
4000 Carman Dr #79 Condo $135,000 2 2 993
4 Touchstone #62 Condo $159,500 3 2.5 1351
5054 Foothills Dr C Condo $239,000 3 2 1252
19113 Terry Ave Detached $359,900 4 2 1454
924 Laurel St Detached $360,000 3 2 1965
5456 Willow Ct Attached $469,000 3 2.5 2423
17125 Fernwood Dr Detached $478,000 3 3 2688
4545 Dogwood Dr Detached $499,500 3 2 2483
6122 Carman Dr Detached $525,000 4 2 1508
3435 Lake Grove Ave Detached $619,900 4 3 2618
18994 Bryant Rd Detached $699,000 4 2.5 3146
13520 Knaus Rd Detached $699,000 4 3 2641
13900 Goodall Rd Detached $1,299,000 5 3.5 4282
13050 Knaus Rd Detached $1,395,000 4 3.5 4821
16743 Graef Circle Detached $1,495,000 4 2.5 3772

PENDING SALES (Sept 30-Oct 6, 2013)

Address Type Price BR Baths SF DOM
284 Cervantes Circle Condo $100,000 2 2 1052 238
70 Galen St Condo $105,000 2 1 923 231
5225 Jean Rd #401 Condo $129,900 2 2 1080 153
220 Cervantes #c Condo $185,000 2 2 1378 12
6 Oriole Ln Condo $265,000 3 2.5 1539 6
765 Maple Ln Detached $335,000 3 2 1998 68
4361 Albert Circle Detached $429,900 3 2.5 2472 19
1 Hidalgo St Detached $448,500 3 2.5 2489 97
2727 Glen Haven Rd Detached $449,900 3 2 2518 3
13008 Rodgers Rd Detached $479,000 4 2.5 2448 116
14058 Chatham Ct Detached $519,900 3 2.5 2235 4
13250 Sandalwood Ct Detached $539,000 3 2.25 2842 1154
622 Carrera Ln Detached $899,000 4 4.5 5446 84
15411 Village Dr Detached $899,900 4 3.5 3809 7
686 8th St Detached $995,000 4 3 3200 40

SOLD (Sept 30-Oct 6, 2013)

Address Type List Price Closed Price Sq Ft CDOM
668 McVey Ave #15 Condo $117,000 $116,000 636 1
3864 Botticelli St Condo $174,950 $172,000 1132 4
5051 Foothills Dr E Condo $189,900 $190,000 991 6
16616 Lake Forest Blvd Detached $229,000 $209,000 1,056 2
668 McVey Ave Condo $210,000 $210,000 852 1
18420 Don Lee Way Detached $255,000 $243,000 924 68
200 Burnham Rd #209 Condo $295,000 $280,000 1305 28
1274 Hallinan Circle Detached $339,900 $339,900 1337 1
668 McVey Ave #32 Condo $379,000 $360,000 992 24
4286 Orchard Way Detached $478,500 $443,500 1998 73
429 10th St Detached $495,000 $448,786 2280 25
33 Spinosa Detached $459,000 $450,000 2215 60
303 Lake Bay Ct Detached $485,000 $457,400 1560 95
2234 Fernwood Circle Detached $499,900 $460,000 3000 175
32 Westridge Dr Detached $579,900 $499,900 3653 158
5501 Rachel Ln Detached $749,888 $640,000 3509 304
17900 Greenbluff Dr Detached $850,000 $725,000 4210 211
817 Hoodview Ln Detached $769,000 $735,000 3446 30
14635 Uplands Dr Detached $819,000 $799,000 3941 56

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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Sunday Open Houses, Oct 6th

Here are the houses scheduled to be held open on Sunday, October 6th. Enjoy

Address Price Type Bedroom Bath Open
143 Oswego Summit $146,000 Condo 2 2 2 to 4
4 Touchstone #62 $159,500 Condo 3 2.5 1 to 3
6397 McEwan Rd $295,000 Detached 3 2 1 to 3
1602 Greentree Rd $399,950 Detached 4 2 2 to 4
87 Ash St $429,900 Detached 3 2 1 to 3
2727 Glen Haven Rd $449,900 Detached 3 2 12 to 3
1730 Yarmouth Circle $454,500 Detached 2 2 1 to 3
18321 Wood Thrush Circle $458,500 Detached 3 2.5 1 to 3
16838 Wight Ln $469,500 Detached 4 2.5 2 to 4
17125 Fernwood Dr $478,000 Detached 3 3 1 to 3
1287 Rockinghorse Ln $479,000 Detached 3 2 1 to 3
17730 Marylbrook Dr $479,000 Detached 4 2.5 2 to 4
6 Hillshire Dr $499,000 Detached 5 3 1 to 4
1448 Cedar St $499,000 Detached 4 3 1 to 3
15677 Fieldstone Dr $546,500 Detached 3 2.5 1 to 3
17973 Saint Clair Dr $565,000 Detached 4 3 1 to 3
5555 Fieldstone Ct $579,500 Detached 3 2.5 1 to 3
14 Del Prado St $599,999 Detached 5 3.5 2 to 4
18343 Anduin Terrace $614,900 Detached 4 2.5 2 to 4
19524 River Run Dr $618,950 Detached 4 2.5 1 to 3
621 Country Club Rd $625,000 Detached 4 2.5 1 to 4
14920 Twin Fir Rd $649,000 Detached 3 1.5 1 to 4
3752 Tempest Dr $659,000 Detached 5 2.5 2 to 4
5267 Lakeview Blvd $674,900 Detached 4 3.5 10 to 1
13374 Hidden Bay Ct $699,000 Detached 4 2.5 1 to 3
1273 Wells St $829,000 Detached 4 3 12 to 2
16671 Fir Ln $845,000 Detached 3 3.5 12 to 3
17641 Cardinal Dr $899,000 Detached 4 3 1 to 4
18187 Siena Dr $938,950 Detached 4 3.5 1 to 4
735 7th St $939,000 Detached 3 3.5 1 to 4
13537 Fielding Rd $995,000 Detached 4 3.5 1 to 3
752 E Ave $998,500 Detached 3 3 10 to 2
13310 Atwater Ln $1,295,000 Detached 5 4 3 to 5
67 Nansen Summit $1,500,000 Detached 6 4 1 to 4
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Featured Property: Jantzen Island

Jantzen Island 1One of the most famous homes in Lake Oswego has recently come under new ownership. Jantzen Island was built in 1930 by swim wear pioneer Carl Jantzen. Legend has it that he would hold swim wear fashion shows on the lake with pyramids of models water skiing in the latest summer styles.

The home is on the National Register of Historic Places. The original 10,000 square foot house was designed by Charles Ertz and the boat house was designed by Richard Sundeleaf.

Jantzen Island 2What makes the property truly special, besides the historic nature of the buildings, is that it is the only private island on the lake. With 5 acres and a stone bridge as the only access, it is an estate without compare.

Here is a brief history:

Jantzen Island 3Early History Settlers call the place Crazy Man’s Island for its mute, hermit resident.

1929 Swimwear pioneer Carl Jantzen purchases the island from Oregon Iron & Steel.

1930 Jantzen hires architect Charles Ertz to design the English Tudor style main house and Richard Sundeleaf to design the boat house.

1952 Harry Coffey, an insurance agent, buys the estate.

1956 Carl and Virginia Halvorson (a land developer who was behind developing Mountain Park) purchase the estate and become its longest-staying owners. They lived on the island for 3 decades, which is why the island is also known as Halvorson Island.

1987 Jerry Stubblefield, the founder of Avia footwear, buys the estate for $2.2 million. Stubblefield remodels and builds a 3,000 square foot guest house.

2008 Right after the turn in the market, Mr. Stubblefield lists the island for sale at $19.5 million. It does not sell.

2009 Chris Dudley, a former Trail Blazer as well as gubernatorial candidate, makes a $3.75 million loan to Stubblefield. Terms of the loan are not met and Dudley forecloses.

2012 The island is purchased by Rick and Erica Miller. Rick Miller is the chairman of Avamere Group, a health care company for seniors citizens with locations throughout Oregon and Colorado.

Jantzen Island 4As is often the case with homes that go through foreclosure, the Millers acquired a house with deferred maintenance. Since moving in, they have done extensive repairs and remodeling. They just recently obtained approval to build a tram to the lake with a 720 square foot cabana. They are also building a guard tower at the bridge entrance, which had been part of the properties original design.

This house does not change hands often, so getting a glimpse of it through photos is a bit of an opportunity. I hope you enjoy learning the history of the home and the chance to catch up on its current status.
Dianne

Photos courtesy of oregonlive.com

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Market Activity Sept 16-22, 2013

Along with some fantastic, blustery fall weather, last week brought us 19 new listings, 18 pending sales, and 10 closed sales.

Here is the breakdown of activity according to RMLS:

NEW LISTINGS (Sept 16-22, 2013):

Address Type Price BR Bths SF
143 Oswego Summit Condo $146,000 2 2 1212
220 Cervantes Condo $185,000 2 2 1378
5850 Kennycroft Way Detached $200,000 3 1.5 1296
4418 Thundervista Ln Condo $239,000 3 2.5 2040
3285 SW Childs Rd Detached $375,000 4 3 2780
4711 Rembrandt Ln Detached $399,900 3 2.5 2050
1528 Cedar St Detached $449,900 3 2 2080
4361 Albert Circle Detached $449,900 3 2.5 2472
2719 Greentree Rd Detached $457,000 5 3.5 3886
4979 Bilford Ln Detached $467,590 3 2.5 2200
101 3rd St Condo $474,900 3 2 1447
619 Clara Ct Detached $485,000 4 2.5 2958
5602 Southwood Dr Detached $498,900 4 2.5 2636
1448 Cedar St Detached $500,000 4 3 2544
179973 Saint Clair Dr Detached $565,000 4 3 3323
4728 Lakeview Blvd Detached $609,900 5 3.5 2838
3752 Tempest Dr Detached $659,000 4 2.5 3353
13052 Knaus Rd Detached $789,000 4 3 3026
77 Garibaldi Detached $895,000 4 2.5 3515

PENDING SALES (Sept 16-22, 2013)

Address Type Price BR Baths SF DOM
100 Kerr Pkwy #41 Condo $105,000 2 1.5 822 57
86 Kingsgate Rd #27 Condo $107,500 2 2 938 1
482 S State St #3B Condo $149,000 2 1 1659 149
5225 Jean Rd #306 Attached $170,000 2 2 1400 147
3433 McNary Pdwy #504 Condo $174,700 2 2.5 1136 43
12808 Boones Ferry Rd Condo $264,000 3 2.5 1174 76
837 Country Club Rd Detached $349,000 4 3 1729 96
13043 Rogers Rd Detached $479,000 3 2 2213 3
4860 10th St Detached $479,500 4 3 2280 25
17393 Grandview Ct Detached $539,000 4 3.5 3672 243
2103 Ridgewood Rd Detached $550,000 3 2 1648 71
14 Del Prado St Detached $599,999 5 3.5 4094 115
2322 Stonehurst Ct Detached $600,000 4 2.5 3602 378
19201 Maree Ct Detached $629,000 5 2.5 4070 153
4114 Casey Ct Detached $700,000 4 2.5 3405 44
547 Middlecrest Rd Detached $730,000 2 2.5 1888 116
19575 35th Ct Detached $1,135,000 4 3 6081 43
4860 Centerwood St Detached $479,000 5 2.5 2533 64

SOLD (Sept 16-22, 2013)

Address Type List Price Closed Price Sq Ft CDOM
205 Cervantes #205 Condo $130,000 $122,050 1216 212
4302 Botticelli St #2 Condo $243,900 $211,500 2298 105
5152 Lakeview Blvd Detached $250,000 $250,000 1393 0
3616 Lake Grove Ave Detached $319,000 $319,000 1,150 0
5195 Firwood Rd Detached $395,000 $356,000 1926 80
5051 W Sunset Dr Attached $375,000 $370,000 1734 7
621 Country Club Rd Detached $449,000 $400,000 3303 391
16 Aquinas St Detached $400,000 $400,000 1658 1
1075 Chandler Rd Detached $1,495,000 $1,315,000 5710 148
1475 Chandler Rd Detached $1,595,000 $1,330,000 4515 205

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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Open Houses for 9/22/13

Here are this Sunday’s open houses, all 27 of them.

Have a great weekend!

Address Price Type Bedroom Bath Open
220 Cervantes $185,000 Condo 2 2 1 to 3
16056 Reese Rd $324,900 Detached 3 2 1 to 3
4 Weatherstone $326,900 Attached 3 2.5 1 to 3
6380 Washington Ct $329,000 Detached 3 2 1 to 4
1400 Parrish St $339,000 Attached 3 2.5 12 to 3
5103 Madrona St $349,900 Detached 2 2 1 to 3
1602 Greentree Rd $399,950 Detached 3 2 2 to 4
16038 Reese Rd $469,000 Detached 3 3 1 to 3
17730 Marylbrook Dr $479,000 Detached 4 2.5 2 to 4
17393 Grandview Ct $539,000 Detached 4 3.5 2 to 4
15677 Fieldstone Dr $546,500 Detached 3 2.5 1 to 4
5555 Fieldstone Ct $579,500 Detached 3 2.5 1 to 4
13265 Fox Run $599,900 Detached 4 2.5 1 to 3
18020 Jenifers Way $609,888 Detached 4 2.5 12 to 3
19524 River Run Dr $618,950 Detached 4 2.5 1 to 3
14920 Twin Fir Rd $649,000 Detached 3 1.5 1 to 4
18042 Jenifers Way $667,950 Detached 4 3 1 to 3
18064 Jenifers Way $667,950 Detached 5 3 1 to 3
5267 Lakeview Blvd $699,000 Detached 4 3.5 1 to 3
13374 Hidden Bay Ct $699,000 Detached 4 2.5 1 to 3
4393 Sundew Ct $749,900 Detached 4 2.5 1 to 4
18187 Siena Dr $938,950 Detached 4 3.5 1 to 3
13537 Fielding Rd $995,000 Detached 4 3.5 2 to 4
17600 Upper Cherry Ln $998,000 Detached 4 3.5 1 to 3
752 E Ave $998,500 Detached 3 3 10 to 2
13310 Atwater Ln $1,295,000 Detached 5 4 2 to 4
448 Country Club Rd $1,395,000 Detached 4 3.5 12 to 3
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The Good, The Less Bad, and the Ugly

The Good

Blog 007Some of the best barbeque you’ll find in Oregon is right here in Lake Oswego. Pine Shed Ribs has been named one of the 10 best barbeque restaurants by the Oregonian (the only one so named in the Southwest Metro area), and THE BEST barbeque in PDX by Portland Monthly. Located at 17730 Pilkington Rd, this little restaurant offers up mouth watering beef and pork ribs, brisket, pulled pork, chicken and great traditional sides like baked beans and coleslaw. I particularly like the outdoor seating on a nice day. My suggestion: get yourself on down there and check it out.

The Less Bad
It was reported this past week that underwater homeowners (those who owe more than their homes are worth) are down 42%. This got me curious about how that is currently reflected in the Lake Oswego housing market, and it is startling. In the last 12 months 73 homes were sold as shortsales (sold for less than the mortgage owed) and 40 were sold as bank foreclosures. In the 12 months prior to that 79 were sold as shortsales and 101 were sold as bank foreclosures. Today is substantially better with just 6 houses on the market as shortsales and 2 as bank foreclosures. Are we seeing the end of the distressed housing? I hope so, for all of our sakes.

The Ugly
Blog 009I am at war with moles in my yard! I love to work in my garden investing my time and my money. So finding the lawn pretty much plowed up by these little creatures is annoying. I refuse to poison them as a result of the great squirrel catastrophe of 2010. My current method involves Juicy Fruit gum. It seems to be working, but not 100%. If you have any suggestions, I would be grateful.

Have a great week!
Dianne

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Market Activity Sept 2-8, 2013

Last week’s real estate activity remained strong in Lake Oswego with more homes selling than came onto the market. There were 14 new listings, 18 homes that received accepted offers, and 9 closed sales.

Here is the breakdown of activity according to RMLS:

NEW SALES (Sept 2-8, 2013):

Address Type Price BR Bths SF
47 Crestfield Ct Condo $100,000 2 1.5 923
45 Eagle Crest Dr #409 Condo $150,000 2 2 1214
15495 Brianne Ct Attached $235,000 2 2.5 1292
15056 Reese Rd Detached $329,500 3 2 1667
5077 W Sunset Dr Attached $359,000 2 2.5 1720
643 2nd ST Attached $425,000 2 2 1457
1645 Cloverleaf Rd Detached $429,900 3 3 2494
15481 Tanager Dr Detached $439,000 3 2.5 2064
17988 Rebecca Ln Detached $549,900 5 3 2554
18682 Westview Dr Detached $745,000 5 3 3243
3300 River Woods Pl Detached $765,000 3 2.5 3642
4948 Hampton Ct Detached $949,000 2 3.5 3450
17700 Lake Haven Dr Detached $1,579,900 4 3.5 4006
2786 Glenmorrie Dr Detached $1,600,000 5 4.5+.5 6095

PENDING SALES (Sept 2-8, 2013)

Address Type Price BR Baths SF DOM
205 Cervantes #205 Condo $119,950 2 1.5 1216 212
4 Touchstone #119 Attached $144,900 3 2.5 1351 7
668 McVey Ave Condo $210,000 2 1 852 1
18420 Don Lee Way Detached $255,000 3 1 924 68
5432 Kenny St Detached $269,000 3 1 1352 96
6420 McEwan Rd Detached $269,900 3 2 1220 17
95 Kingsgate Rd Detached $299,000 3 2.5 1669 3
16901 Lakeridge Dr Detached $324,000 4 3 2080 235
5103 Madrona St Detached $349,900 2 2 1329 9
4271 Woodside Circle Attached $360,000 3 2 2126 24
14372 Camden Ln Detached $439,000 3 2.5 2348 7
12l92 Hide A Way Ln Detached $525,000 4 2.5 2229 38
5052 Woodcrest Ln Lot 12 Detached $675,000 4 3.5 3340 111
832 Hoodview Ln Detached $699,000 4 2 2456 10
17878 Hillside Dr Detached $754,900 5 3 3594 1
16805 Scott Ct Detached $868,000 4 3.5 4321 231
4540 Lamont Way Detached $899,950 4 2.5 3555 58
1075 Chandler Rd Detached $1,399,900 5 4.5 5710 148

SOLD (Aug 26-Sept 1, 2013)

Address Type List Price Closed Price Sq Ft CDOM
44 Eagle Crest Dr #29 Condo $134,900 $135,000 798 34
750 1st ST A7 Condo $164,900 $176,000 1350 17
85 Laurel St Detached $360,000 $350,000 2820 102
20 Walking Woods Dr Detached $475,000 $430,000 3,144 100
785 9th ST Detached $450,000 $527,000 2477 67
5670 Charles Circle Detached $650,000 $625,000 3070 25
13801 Knaus Rd Detached $1,198,000 $950,000 2500 47
17485 Cardinal Dr Detached $1,325,000 $1,175,000 3307 105
1131 Northshore Rd Detached $1,280,000 $1,222,500 3850 57

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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Open Houses for 9/8/13

This Sunday is going to be an open house extravaganza!  I haven’t kept any sort of official record of this sort of thing, but I don’t recall another day that had more open houses than we will have in LO this weekend.  There are 41 houses scheduled to be held open, so it’s going to be a great day for a house tour.

 

Enjoy!

Address Price Type Bedroom Bath Open
44 Eagle Crest Dr #41 $124,900 Attached 2 1 1 to 3
4000 Carman Dr #60 $149,900 Attached 2 2 1 to 3
6241 Wayzata Ct $279,000 Detached 3 1 2 to 4
16200 Pacific Hwy #10 $310,000 Condo 2 2 1 to 3
11 Saint Helens Circle $325,000 Detached 3 2.5 1:30 to 3:30
16056 Reese Rd $329,500 Detached 3 2 1 to 3
1733 Kilkenny Rd $335,000 Detached 3 1.5 1 to 3
6380 Washington Ct $339,000 Detached 3 2 1 to 4
720 Pebble Beach Ct $405,000 Detached 4 2.5 12 to 2
1602 Greentree Rd $412,500 Detached 3 2 2 to 4
87 Ash St $429,900 Detached 3 2 1 to 3
15481 Tanager Dr $439,000 Detached 3 2.5 1 to 3
16038 Reese Rd $469,000 Detached 3 3 1 to 3
17730 Marylbrook Dr $489,000 Detached 4 2.5 12 to 3
4910 Lower Dr $499,900 Detached 3 2.5 2 to 4
1941 Green Acres Ln $525,000 Detached 4 2.5 11:30 to 2
1950 Green Acres Ln $525,000 Detached 4 2.5 11:30 to 2
15677 Fieldstone Dr $546,500 Detached 3 2.5 1 to 4
1125 C Ave $549,000 Detached 3 1.5 12 to 3
11 Tanglewood Dr $568,950 Detached 4 3 1 to 3
4846 Lower Dr $569,900 Detached 5 3 2 to 4
5555 Fieldstone Ct $579,500 Detached 3 2.5 1 ro 4
14 Del Prado St $599,999 Detached 5 3.5 2 to 4
18020 Jenifers Way $609,888 Detached 4 2.5 12 to 5
4850 Lower Dr $624,900 Detached 4 3 2 to 4
19524 River Run Dr $638,950 Detached 4 2.5 12 to 3
5501 Rachel Ln $649,500 Detached 4 2.5+.5 12 ro 3
18042 Jenifers Way $657,950 Detached 4 3 1:30 to 3:30
18064 Jenifers Way $667,950 Detached 5 3 1:30 to 3:30
3075 Tolkien Ln $675,000 Detached 3 2.5 1 to 4
5267 Lakeview Blvd $699,000 Detached 4 3.5 2 to 4
4114 Casey Ct $700,000 Detached 4 2.5 1 to 3
471 Country Club Ct $759,000 Detached 4 3 12 to 2
5 Dover Way $865,000 Detached 4 4.5 1 to 4
2671 Glen Eagles $950,000 Detached 3 3 1 to 3
18430 Tamaway Dr $969,000 Detached 4 2.5+.5 1 to 4
735 7th St $969,000 Detached 3 3.5 1 to 4
18187 Siena Dr $978,950 Detached 4 3.5 1 to 4
752 E Ave $1,098,000 Detached 3 3 12:30 to 3:30
13310 Atwater Ln $1,295,000 Detached 5 4 1 to 3
448 Country Club Rd $1,395,000 Detached 4 3.5 12 to 2
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Loan Opportunity

nfculogoI recently became aware of a loan program that caught my attention enough that I want to get the word out.

 

Navy Federal Credit Union is offering 100% financing to it’s members.  This is a remarkable loan product with no Purchaser’s Mortgage Insurance.   It is available to anyone who is a member of Navy Federal.

 

Who is eligible to join Navy Federal?  Members and veterans of our armed forces: Navy, Army, Marines, Air Force and Coast Guard, but also those who work in the Department of Defense.  In addition, family members of these veterans can join:  grandparents, grandkids, siblings, spouses,  and children.

 

This means that you don’t have to be a veteran yourself.  If your Mom or grandfather is a veteran, they can join Navy Federal and then you can too.

 

I come from a family with lots of veterans, but also lots who are not.  When I found out about this program, it really made my day.  You see, my son is a Marine Veteran.  He will be able to use his VA benefit to buy his first home with 100% financing, but my daughter is not a veteran.  I had assumed she would have to save her down payment and closing costs, which means home ownership is still a few years away.  Now I know otherwise.  As a Marine veteran, when her brother joins Navy Federal, she can too.  And then she can obtain 100% financing and become a home owner much, much sooner.

 

So you can see how I want to get the message out that this program is available.  Our veterans deserve our admiration and support for their service.  I also know from personal experience that the family of our men and women in the armed forces also serve.  We worry, we support, we comfort, and now we can garner some benefits as well.

 

Please visit the Navy Federal Credit Union website to learn more by clicking here.  You can also call them directly at 1-800-842-6328.

 

And when you are ready to go find that house with your Navy Federal loan, please give Linda or myself a call, we are here to help.

Dianne

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Market Activity Aug 19-25, 2013

Here is last week’s real estate activity for Lake Oswego:
20 newly listed properties
17 properties with offers accepted
12 properties that closed and are officially sold.

I would also like to pay tribute to Martin Luther King, a great man who 50 years ago showed us the meaning of freedom. He was a truly great American.

Martin Luther King August 28, 1963
Martin Luther King
August 28, 1963

Here is the breakdown of activity according to RMLS:

NEW SALES (Aug 19-25, 2013):

Address Type Price BR Bths SF
5051 Foothills Dr E Condo $189,900 2 2 991
200 Burnham Rd #406 Condo $199,999 2 1 1199
4221 Cobb Way Detached $299,900 3 2 1724
16200 Pacific Hwy #10 Condo $310,000 2 2 1190
4185 Childs Rd Detached $319,900 3 1.5 1175
4 Wheatherstone #2 Condo $326,900 3 2.5 1692
4990 Oakridge Rd Detached $329,000 3 2 1700
17833 Central Ave Detached $339,000 3 2 1533
1602 Greentree Rd Detached $412,500 3 2 1708
17140 Wall St Detached $455,000 4 3 3711
6187 Frost Ln Detached $459,000 4 2.5 2149
915 Bullock St Detached $475,000 4 3 2986
895 York Rd Detached $479,000 3 2 1924
13930 Majestic Ct Detached $495,000 3 2.5 2956
429 10th St Detached $495,000 4 3 2280
1500 Eastview Ct Detached $649,000 4 3.5 3946
1805 Glenmorrie Terrace Detached $798,000 3 2.5 2640
18499 Old River Dr Detached $819,000 4 3.5 4020
18025 Skyland Circle Detached $1,199,000 4 4.5+.5 5379
1032 Westward Ho Rd Detached $1,999,000 4 3.5 3404

PENDING SALES (Aug 19-25, 2013)

Address Type Price BR Baths SF DOM
45 Eagle Crest Dr #204 Condo $104,900 1 1 768 2
3978 Carman Dr Attached $169,900 2 2.5 1098 3
3864 Botticelli St Condo $174,950 2 1.5 1132 4
1280 Oak Terrace Detached $274,900 3 2 1990 43
3616 Lake Grove Ave Detached $319,000 3 2 1150 0
5195 Firwood Rd Detached $359,000 3 3 1926 80
85 Laurel St Detached $360,000 4 3 2820 102
16 Aquinas St Detached $400,000 3 2.5 1658 1
720 Pebble Beach Ct Detached $405,000 4 2.5 1957 2
908 Cumberland Pl Detached $439,500 4 3 2715 73
5272 Tualata Ln Detached $500,000 4 3 2529 67
14101 Redwood Ct Detached $605,000 3 3.5 2629 8
13432 Rogers Rd Detached $675,000 3 2.5 3454 28
2833 Rivendell Rd Detached $698,000 4 2.5 2932 72
5623 Grand Oaks Dr Detached $699,000 4 2.5 3323 15
17160 Kelok Rd Detached $699,000 4 4 4650 10
12210 Orchard Hill Rd Detached $1,495,000 4 3.5+.5 4640 67

SOLD (Aug 19-25, 2013)

Address Type List Price Closed Price Sq Ft CDOM
18545 Kristi Way Detached $279,000 $265,000 1307 2
1129 Cherry Ln Detached $379,900 $320,000 2421 91
31 Oriole Ln Detached $375,000 $355,000 1968 38
16200 Terrace Dr Detached $400,000 $430,000 2,085 2
980 Cumberland Place Detached $475,000 $475,000 2791 7
5482 Bay Creek Dr Detached $564,900 $552,878 2554 5
4860 Hastings Dr Detached $645,000 $630,000 2942 21
17692 Woodhurst Pl Detached $789,000 $748,290 3890 24
14100 Taylors Crest Ln Detached $850,000 $820,000 4087 43
3720 Marquis Ct Detached $885,000 $835,000 4795 122
481 9th St Detached $879,000 $879,000 2813 3
17809 Kelok Rd Detached $1,249,000 $1,268,000 3700 22

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