Tag: waterfront homes

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Market Activity for March 30 – April 05, 2015

Hello everyone!
Things are moving quickly this spring. The beautiful weather is finally here (as well as the occasional spring monsoons), which has brought lots of activity in the market. This last week we saw fourteen new homes come up for sale, thirty two have started pending, and twenty three homes sold! This tells us that the houses that are now entering the market are less than HALF those that have gotten offers, the inventory can just barely keep up with the demand!

Following is the breakdown for you according to RMLS:

New on the Market (March 30- April 05, 2015, 2015)

Address Type Price Bedrooms Bathrooms Sqft
44 CERVANTES CIR #44 CONDO 132,500 2 1.5 912
16250 PACIFIC HWY #82 CONDO 150,000 1 1 841
3892 BOTTICELLI ST CONDO 235,000 3 2 1288
1268 SPRUCE ST DETACHED 399,000 3 2 2009
6461 SW EDGEWOOD ST DETACHED 399,900 4 2.5 1950
17833 HILLSIDE WAY DETACHED 589,000 4 3 2668
4848 LOWER DR DETACHED 599,900 4 3 2548
15 NANSEN SMT DETACHED 685,000 3 2.5 3098
1511 WOODLAND TER DETACHED 725,000 5 2.5 3439
13060 SW ELK ROCK RD DETACHED 825,000 5 3 3681
1901 SUMMIT DR DETACHED 899,000 4 3.5 3444
1411 LAKE FRONT RD DETACHED 1,395,000 3 4 3349
3140 DOUGLAS CIR DETACHED 1,395,000 4 3.5 4333
1345 CHANDLER RD DETACHED 2,695,000 5 4.5 6800

Pending Sales (March 30-April 05, 2015)

Address Type Price Bedroom Bathrooms Sqft DOM
100 KERR PKWY #52 CONDO 105,000 1 1 617 5
4000 CARMAN DR A17 CONDO 169,900 2 2 1100 19
5225 JEAN RD CONDO 170,000 2 2 1100 10
16250 PACIFIC HWY #45 CONDO 179,990 2 2 1311 71
3970 SW CARMAN DR CONDO 219,900 2 2.5 1129 8
48 EAGLE CREST DR 1A CONDO 250,000 3 2.5 1550 76
5062 FOOTHILLS DR H CONDO 250,000 3 2 1252 5
16742 BONAIRE AVE DETACHED 289,900 3 2 1464 3
3 CONDOLEA DR CONDO 299,000 3 3 2198 146
668 MCVEY AVE #72 CONDO 325,000 3 1.5 1184 2
9 CONDOLEA DR CONDO 380,000 3 3 2198 39
321 CERVANTES CONDO 385,000 3 2.5 2474 205
1689 MEADOWS DR DETACHED 394,500 2 2 2370 23
19060 INDIAN SPRINGS CIR DETACHED 435,000 4 3 2182 26
3 EL GRECO ST DETACHED 439,500 2 2 2370 2
4711 REMBRANDT LN DETACHED 450,000 3 2.5 2050 3
32 SPINOSA DETACHED 455,900 4 3.5 2542 1964
148 5TH ST DETACHED 495,000 2 1 1314 0
1981 SUMMIT DR DETACHED 499,000 3 2.5 2579 630
6459 FROST ST DETACHED 499,900 4 2.5 2627 101
4925 MULHOLLAND DR ATTACHED 520,000 2 2.5 2424 2
13166 PETERS RD DETACHED 525,000 4 2.5 2575 0
13906 MAJESTIC CT DETACHED 530,000 4 3.5 2827 6
18634 BRYANT RD DETACHED 534,995 3 2.5 2736 41
63 TOUCHSTONE DETACHED 539,900 4 3 2472 4
80 TANGLEWOOD DR DETACHED 629,900 5 3 2713 3
2051 CREST DR DETACHED 669,500 4 2 2886 42
321 5TH ST DETACHED 749,000 3 3.5 2737 80
77 GARIBALDI ST DETACHED 829,000 4 2.5 3023 49
1222 TIMBERLINE DR DETACHED 899,900 4 3 3246 19
18218 MEADOWLARK LN DETACHED 1,695,000 5 6.1 8320 787

Sold/Closed (March 30-April 05, 2015)

Address Type List Price Close Price Sqft DOM
5063 FOOTHILLS DR A CONDO 200,000 20,500 991 3
169 OSWEGO SMT #169 CONDO 109,000 75,000 1330 126
6 CERVANTES CIR CONDO 139,500 132,402 912 142
200 BURNHAM RD #306 CONDO 183,500 183,500 1199 29
152 RIDGEWAY RD CONDO 234,900 237,000 1794 3
6138 KENNY ST DETACHED 314,000 314,000 1190 31
1743 ASPEN CT DETACHED 336,900 315,000 1341 115
15364 TWIN FIR RD DETACHED 375,000 338,000 1608 271
103 GARIBALDI ST DETACHED 479,000 340,000 3322 1215
43 CONDOLEA CT CONDO 365,000 345,000 2157 31
4820 LAMONT WAY DETACHED 420,000 380,000 1768 193
834 6TH ST DETACHED 525,000 400,000 1062 94
16201 LAKE FOREST BLVD DETACHED 464,900 415,000 1846 108
324 4TH ST ATTACHED 435,000 450,000 1731 30
1652 DEVON LN DETACHED 459,000 470,000 3181 165
17749 LEAFY LN DETACHED 579,000 585,000 3300 25
4848 HASTINGS DR DETACHED 575,000 590,000 2174 3
5043 ROSEWOOD ST DETACHED 639,900 605,000 2963 233
4182 GLACIER LILY ST DETACHED 630,000 630,000 2799 4
197 FURNACE ST 3S CONDO 689,900 670,000 2091 114
797 F AVE DETACHED 700,000 705,000 2323 2
13612 GOODALL RD DETACHED 1,469,000 1,469,000 4362 332
18414 OLD RIVER LNDG DETACHED 1,795,000 1,650,000 6498 553

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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Tree City USA

“The wonder is that we can see these trees and not wonder more”
-Ralph Waldo Emerson

This year Lake Oswego is celebrating 26 years as a designated Tree City USA! This is given to cities that demonstrate a strong commitment to managing and caring for trees by the National Arbor Day Foundation. With Arbor week being April 5-11, it seem appropriate to do some bragging about the beautiful trees in Lake Oswego.

trees 002The Natural Resources Advisory Board for the city designates significant trees in the city as “Heritage Trees”. Four new trees are being given this designation this year: two sycamores at 16584 Roosevelt Avenue, a giant sequoia at 14145 Redwood Ct, and a madrone at Oswego Pioneer Cemetary on Stafford Road. That brings the total number of trees with this designation to 35.

In honor of Arbor Week, the city has got some pretty fun events planned:

Free the Trees is a concept that began in Springbrook Park. The idea is that while it is hard to clear all of the English Ivy out of the Park all at once, if it’s done gradually it gets done over time. English Ivy, left to grow unchecked, kills trees. People who take walks through the park were asked trim and remove the ivy around one tree while on their walk. It worked! If you would like to join in the effort, you can get more information by contacting Babs Hamachek at bhamachek@ci.oswego.or.us.

trees 003Stafford Grove Tree Planting & Poetry Reading. Thursday, April 9, 1:30-2:30, 1061 Sunningdale Rd. Join the Forest Hills/First Edition Neighborhood Association in planting a tree, and then listen to former Oregon Poet Laureate Paulann Peterson reading poetry.

Barnyard Tales & Heritage Tree Walk. Wednesday, April 8, 10-11am at Luscher Farm, 125 Rosemont Road. Lynne Bacon, a renowned storeyteller, will be holding a story time on the farm followed by a visit to the Heritage Trees that are located on the farm. Space is limited, so you need to register, although it is a free event. Register on line at www.loparks.org, use activity code #10646.

Blossoming Tree Craft. Saturday, April 9, 2-4pm, LO Library, 706 4th St. Make beautiful blossoming tree crafts. For all ages of tree lovers.

I personally have 4 HUGE trees in my yard, 3 firs and a glorious English walnut. They really enhance the feeling of sanctuary that I feel about my home.

Trees
-Joyce Kilmer
“I think that I shall never see
A poem lovely as a tree…….”

As always, thanks for reading the blotter,
Dianne

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Market Activity March 23-29, 2015

It was exactly 28 years ago today that I got my real estate license, no foolin’! I have always found amusement in the anniversary. I can not believe it has been 28 years, seriously. I’ve gone from being the young new agent to the seasoned “mature” agent. I love it!

Just 12 new listings last week certainly reflects that it was spring break. People were likely out and about vacationing and enjoying their families. 22 pending sales is also a refection of the holiday from school that freed up families to look for a new home. We also had 20 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (March 23-29, 2015)

Address Type Price BR Bths SF
47 Eagle Crest Dr #52 Condo $89,000 1 1 666
100 Kerr Parkway #52 Condo $105,000 1 1 617
4 Touchstone#107 Condo $158,000 3 2.5 1351
3970 Carman Dr Condo $219,900 2 2.5 1129
5062 Foothills Dr H Condo $250,000 3 2 1252
5364 Rosewood St Detached $449,900 4 2.5 1980
4711 Rembrandt Ln Detached $450,000 3 2.5 2050
6192 Harrington Ave Detached $489,000 5 3 2817
18530 Bryant Rd Detached $514,995 3 2.5 2400
1426 Greentree Circle Detached $545,000 4 3 3216
639 Carrera Ln Detached $849,000 5 3.5 4305
19300 Stafford Rd Detached $1,995,000 4 2.5 6065

Pending Sales (March 23-29, 2015)

Address Type Price BR Baths SF DOM
320 Cervantes Circle Condo $123,000 2 1 832 44
44 Eagle Crest Dr #3 Condo $145,000 3 2 1065 25
15938 Quarry Rd A-5 Condo $164,900 2 1 996 7
48 Eagle Crest Dr Condo $166,500 3 2 1623 65
5530 Bonita Rd Detached $398,000 3 2 1200 34
134 Kingsgate Rd Detached $399,000 3 2.5 1794 5
13901 Sundeleaf Dr Detached $399,000 4 3 1900 60
4909 Lower Dr Detached $425,000 4 2.5 1992 72
17280 Westview Dr Detached $429,000 4 3 2324 6
103 Garibaldi St Detached $479,000 3 3.5 3322 1215
18582 Bryant Rd Detached $499,995 3 2.5 2400 7
1119 Oak St Detached $529,900 4 2.5 2123 76
980 C Ave Detached $539,900 3 2 1312 65
279 Evergreen Rd Attached $639,000 3 3.5 2136 9
2189 Fernwood Circle Detached $650,000 4 2.5 2921 4
4945 Parkhill St Detached $659,900 5 2.5 3302 0
1670 Pine St Detached $675,000 4 3.5 3286 17
667 3rd St Attached $679,000 6 6 3120 10
15947 Waluga Dr Detached $725,000 4 2.5 3370 18
4405 Sundew Ct Detached $789,000 5 3.5 4820 11
715 4th St Detached $1,015,000 3 2.5 2762 3
4077 Westview Rd Detached $1,748,000 4 4 3644 17

Sold/Closed (March 23-29, 2015)

Address Type List Price Closed Price Sq Ft CDOM
106 Oswego Summit Condo $165,000 $165,000 1140 5
16805 Gassner Ln Detached $225,000 $225,000 1092 7
1260 Hallinan St Detached $298,000 $298,000 1325 4
4287 Haven St Detached $375,000 $375,000 1,200 1
3402 Lake Grove Ave Detached $414,900 $395,000 1686 102
7 Bernini Ct Detached $549,000 $420,000 3314 376
12836 Sierra Vista Dr Detached $449,000 $425,000 2166 19
5926 Dove Ct Detached $435,000 $450,000 1807 2
886 9th St Detached $469,500 $450,000 860 23
18929 Terry Ave Detached $499,900 $480,000 2441 20
1710 Glenmorrie Terrace Detached $499,900 $505,000 2865 135
3285 Childs Rd Detached $599,900 $612,000 2693 3
4258 Albert Circle Detached $689,000 $625,000 2745 197
19242 Indian Springs Rd Detached $749,900 $745,000 3365 35
5488 Southwood Dr Detached $799,000 $788,500 3280 112
1136 Westward Ho Rd Detached $1,190,000 $780,000 3344 324
568 9th St Detached $925,000 $900,000 2825 85
12810 Alto Park Rd Detached $944,000 $981,000 3834 97
18224 Bella Terra Dr Detached $1,225,000 $1,160,000 3834 97
2490 Summit Dr Detached $2,200,000 $2,020,000 3000 212

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 March 09-15 2015

Today marks the official first day of Spring 2015! Flowers are blooming, bees can be seen here and there, the soft hum of frog croaks can be heard, and (if you are in the right place) the peacocks have started howling into the evening. Lake Oswego is an absolute gem when it comes to the spring time, and with the approach of luxurious weather comes our grand increase in the Real Estate market. Already we have 15 new homes that are making their debut, 25 now pending homes, and 17 sold houses! Right now is a very good time to look into listing your home if you have been waiting to do so. And for those who are in the market with the intention to live here; we have so much to offer of this beautiful city that we love.

Below are the details according to the RMLS:

New on the Market (March 9-15, 2015)

Address Type Price Bedrooms Bathrooms Sqft
16250 PACIFIC HWY #67 CONDO 149,900 1 1 841
31 LADD ST DETACHED 318,900 3 1 867
1689 MEADOWS DR DETACHED 394,900 4 3 2182
17763 MARDEE AVE DETACHED 447,000 5 3 2300
14145 REDWOOD CT DETACHED 539,000 4 3 2452
1670 PINE ST DETACHED 675,000 4 3.5 3286
4405 SUNDEW CT DETACHED 789,000 5 3.5 4820
13836 AMBERWOOD CIR DETACHED 839,000 3 2.5 4183
1651 VILLAGE PARK LN DETACHED 989,000 4 3.5 4841
17970 ROYCE WAY DETACHED 1,125,000 5 4.5 5226
3131 WESTVIEW CT DETACHED 1,150,000 4 4.5 4688
16902 CHAPIN WAY DETACHED 1,299,000 5 4 3696
1947 SUMMIT DR DETACHED 1,595,000 5 5.5 5092
1000 ATWATER RD DETACHED 2,195,000 5 4.5 6391
1653 LAKE FRONT RD DETACHED 3,900,000 5 5.5 6274

Pending Sales (March 9-15, 2015)

Address Type Price Bedroom Bathrooms Sqft DOM
47 EAGLE CREST DR #41 CONDO 115,000 2 1 932 2
44 EAGLE CREST DR #1 CONDO 134,900 2 1 908 3
6 CERVANTES CIR CONDO 139,500 2 1.5 912 142
4 TOUCHSTONE #158 CONDO 140,000 2 2 984 5
4 TOUCHSTONE #89 CONDO 155,000 3 2.5 1351 35
200 BURNHAM RD #402 CONDO 199,500 2 2 1305 261
16805 GASSNER LN DETACHED 225,000 3 2 1092 7
15472 BRIANNE CT CONDO 169,000 2 2 1208 2
1107 CHERRY LN DETACHED 424,900 3 2 2094 10
578 2ND ST #6 CONDO 425,000 2 2.5 1394 62
629 5TH ST DETACHED 449,000 2 1 1122 266
14201 DOLPH CT DETACHED 449,000 3 2 1864 53
18790 BRYANT RD DETACHED 524,995 3 2.5 2400 22
11 JUAREZ ST DETACHED 550,000 4 2.5 2600 5
1868 GLENMORRIE DR DETACHED 585,000 3 4 3032 22
5043 ROSEWOOD ST DETACHED 609,900 3 2.5 2963 233
197 FURNACE ST 3S CONDO 689,900 2 2.5 2091 114
1380 BONNIEBRAE DR DETACHED 699,000 5 3 2940 109
5665 GRAND OAKS DR DETACHED 780,000 3 3 4226 1
1785 PALISADES TERRACE DR DETACHED 799,000 4 4.5 5052 227
14034 TAYLORS CREST LN DETACHED 869,000 5 3.2 4007 34
496 8TH ST DETACHED 879,000 4 2 2899 4
17900 GREENBLUFF DR DETACHED 949,000 4 3.5 4210 300
13080 THOMA RD DETACHED 1,100,000 5 3.5 3400 632
18253 SIENA DR DETACHED 1,198,000 5 4 4310 25

Sold/Closed (March 9-15, 2015)

Address Type List Price Close Price Sqft DOM
1 SW CRESTFIELD CT CONDO 95,000 95,000 689 18
526 S STATE ST CONDO 169,000 160,000 914 92
5061 FOOTHILLS DR A CONDO 199,950 205,000 991 6
48 EAGLE CREST DR ATTACHED 208,500 208,500 1550 1
15868 PARKER RD DETACHED 219,950 220,000 780 36
16351 PACIFIC HWY DETACHED 339,900 329,900 1754 18
4146 LAKEVIEW BLVD DETACHED 400,000 350,000 2056 99
1327 CEDAR ST DETACHED 399,900 395,000 2350 26
768 BERWICK CT DETACHED 549,900 480,000 1731 24
8 WALKING WOODS DR DETACHED 515,000 495,000 3105 25
14372 CAMDEN LN DETACHED 519,900 500,000 2348 52
1868 KILKENNY DR DETACHED 550,000 510,000 2300 83
2234 FERNWOOD CIR DETACHED 545,000 530,000 2975 84
17393 SCHALIT WAY DETACHED 540,000 545,000 2897 3
17694 MARYLBROOK DR DETACHED 719,000 719,000 2758 2
1287 BICKNER ST DETACHED 699,500 722,695 2665 103
13024 ROGERS RD DETACHED 769,000 769,000 3333 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.

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Home Warranties

Home warranties have become a common part of the majority of real estate transactions. It is basically an insurance policy that covers the home system components and some of the appliances. My most simple description is that if you think about items that have energy or movement in them, it is more likely to be part of the policy. Each policy is slightly different, so please consult the companies who offer them, but what is usually covered are furnace, water heater, plumbing and electric elements. What isn’t covered are stationary elements like the roof, the foundation, the walls.

When policies are purchased, they are good for one full year from the date of purchase and can then be annually renewed thereafter. I have twice had clients who received the policy when they purchased their home and then kept it the entire time they owned the house.

There are numerous companies who offer these policies. I am going to tell you about the three that I see most used in our area.

ahs_logo_176x65American Home Sheild is the big boy in this field. They were the first company I heard of and they do a big percentage of the plans that are sold. They have 3 plans: Esssential, Plus, and Complete. The numbers I am going to give you here are as of this day, and do not include quite a few options that could be added on. It is based upon a home that is single family, in Oregon, 10+ years of age (newer homes are slightly less expensive) and does not include air conditioning (which could be added on).

The Essential Plan does not cover any appliances. It does cover the furnace, water heater, plumbing and electric. It costs $380. The Plus plan covers the appliances, including the refrigerator and the washer and dryer, and it costs $510. The complete plan adds to the coverage things like the garage door opener, the door bell, and ceiling fans. It costs $565.

To use the policy you simply call an 800 number to make a claim. American Home Shield contracts locally and sends a technician to your home. There is a $75 charge for each service call.

It is possible to place the policy on the home at the time it is listed for sale. I highly recommend this. It is not paid for until the house is sold. If the house is never sold then there is no charge for the coverage unless the policy is used and that charge is just $60. So it is really affordable and the policy could potentially be used to deal with home inspection issues.

logoFirst American Home Buyer Protection Corporation is another well known company. They have two plans: Basic and Value+. Basic covers the home systems including the dishwasher and the range, but no refrigerator or washer/dryer. It costs $290. The Value+ plan adds air conditioning and it costs $420. Other items can be added to this plan, as it can be added to the other two, such as septic systems, swimming pools, the washer/dryer and the refrigerator. The service call to make a claim is $60. First American Home Buyer Protection also offers 180 days of coverage to the seller when the house is listed for sale at no charge, unless the policy is used and then the house is not sold, then there is a charge of $60.

home_warrantyLast I will mention Fidelity National Home Warranty They offer two plans: Standard and Comprehensive. The Standard plan does not include air conditioning and it costs $260. The Comprehensive plan does include the air conditioning and it costs $360. Both plans cover the dishwasher and the range, but neither cover the washer, dryer or refrigerator, which can be added on for an additional charge. The service call to make a claim is $65. Coverage for the seller at the time the house is listed for sale is available at no charge.

I think it’s pretty easy to see why purchasing one of these policies makes sense. For someone selling it may help cover repair issues and it certainly helps the buyer have a better comfort level with the home. For buyers, who usually spend most of their money on the down payment and the closing costs, it helps them to feel like they have a financial cushion for the first year that they will own the home.

Who pays for the policy? It’s negotiated between the buyer and the seller. I think it depends a lot on how long the house has been on the market without an offer, and also on how close to the asking price the buyer is offering.

I want to encourage you to do your research before you make or receive an offer. Figure out which plan you like and make sure it covers the elements that are of concern to you.

I am not an expert on these policies. I want to encourage you to contact these companies yourself to get exact information. Here is the contact info:

American Home Shield, 866-406-0440, www.ahs.com

First American Home Buyer Protection Corporation, 888-875-0533, www.homewarranty.firstam/Default.aspx

Fidelity National Home Warranty, 800-308-1420, www.homewarranty.com

Do not hesitate to get in touch with Linda, Whitney, or myself, if you have any questions about real estate!
Dianne

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Market Activity March 2-8, 2015

This is our 1000th post! AMAZING! Back in the beginning, Linda and I had no idea how well this blog would work. At the time there were only about a dozen real estate blogs being done in the Portland Metro area and not a single one, that we could find, that focused exclusively on Lake Oswego real estate. It’s been a wonderful success. We have met many of our readers who have become clients or simply come to meet us at our open houses. We want to thank you for reading the propertyblotter and for sharing the Lake Oswego real estate adventure with us!

Now for last week’s market activity. Lake Oswego had 23 properties come up for sale, 24 go into contract/pending status, and 12 closed sales.

Below are the details according to the RMLS:

New on the Market (March 2-8, 2015)

Address Type Price BR Bths SF
89 Galen St #89 Condo $89,000 1 1 575
47 Eagle Crest Dr #41 Condo $115,000 2 1 932
4 Touchstone #158 Condo $140,000 2 2 984
44 Eagle Crest Dr #3 Condo $149,900 3 2 1085
16805 Gassner Ln Detached $225,000 3 2 1092
900 Cornell St Detached $314,000 3 1.5 1300
12 Saint Helens Circle Detached $381,000 3 2 1790
1725 Fernwood Dr Detached $479,000 4 2.5 1580
1990 Greentree Rd Detached $479,900 4 3 2100
11 Juarez St Detached $550,000 4 2.5 2600
1272 Zivney Detached $679,900 4 3 2658
5124 Woodcrest Ln Detached $719,900 5 2.5 2923
15947 Waluga Dr Detached $725,000 4 2.5 3370
12615 SW 21st Ct Detached $739,000 4 3.5 4594
504 10th St Detached $750,000 3 2 2277
17583 Shepherds Ct Detached $774,900 4 3 2997
17572 Shepherds Ct Detached $779,900 4 3 2983
100 Leonard St Condo $799,900 3 2.5 2734
17656 Woodhurst Pl Detached $825,000 4 2.5 4597
15195 Lily Bay Ct Detached $898,000 4 2.5 4099
13624 Goodall Rd Detached $1,539,000 4 4.5+.5 4411
4077 Westbay Rd Detached $1,749,000 4 4 3644
778 Cabana Ln Detached $1.995,000 3 3 3343

Pending Sales (March 2-8, 2015)

Address Type Price BR Baths SF DOM
56 Galen St Condo $142,500 2 2 1000 10
5225 Jean Rd #311 Condo $170,000 2 2 1100 35
3433 McNary Pkwy #506 Condo $175,000 2 2.5 1136 3
4524 Lower Dr #A3 Condo $279,000 3 2.5 1650 147
668 McVeyAve #33 Condo $284,900 2 1 852 2
3101 Wembley Park Rd Detached $319,000 2 1 858 3
4670 Lower Dr Detached $374,900 3 2.5 1587 154
44 Oriole Ln Detached $389,000 4 2.5 2156 6
9 Touchstone Detached $397,000 3 2 1890 4
13855 Verte Ct Detached $449,000 3 2.5 1835 12
48 Spinosa Detached $462,500 3 2.5 2848 47
1448 Cedar St Detached $468,000 4 3 2544 532
18768 Wood Duck St Detached $499,900 3 3 2940 346
1710 Glenmorrie Terrace Detached $499,900 3 3 2865 135
34 Del Prado St Detached $539,950 4 3 3120 101
13819 Provincal Hill Dr Detached $549,900 4 2.5 2096 8
17749 Leafy Ln Detached $585,000 4 3 3300 25
8 Del Prado St Detached $599,900 5 3 3548 59
18125 Westminster Dr Detached $749,000 4 3.5 3866 4
15203 Lily Bay Ct Detached $779,000 4 2.5 3219 34
1785 Palisades Terrace Dr Detached $799,000 4 4.5 5052 216
14488 Pfeifer Dr Detached $825,000 4 3.5 3563 31
1267 Maple St Detached $879,000 4 2.5 3388 140
290 Iron Mountain Blvd Detached $2,095,000 5 5 4733 1

Sold/Closed (March 2-8, 2015)

Address Type List Price Closed Price Sq Ft CDOM
45 Eagle Crest #308 Condo $169,900 $165,000 1046 24
1460 Greentree Circle Detached $399,900 $390,000 1791 3
1401 Greentree Circle Detached $449,000 $425,395 1800 165
808 Ellis Ave Detached $514,900 $510,900 2,108 28
15885 White Oaks Dr Detached $625,000 $624,000 2802 55
67 Nansen Summit Detached $749,000 $714,000 4992 507
17838 Marylcreek Dr Detached $750,000 $725,000 4317 35
17171 Lowenberg Terr Detached $739,000 $735,000 3002 118
2065 Ridge Pointe Dr Detached $849,900 $825,000 4790 246
245 Chandler Pl Detached $900,000 $900,000 3733 0
1057 Bullock St Detached $945,000 $915,000 4700 185
556 7th St Detached $1,075,000 $1,075,000 3911 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.

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Market Activity Feb 16 – 23rd 2015

This activity report is coming a little late, though it is a big one! Spring market has arrived and is dressed to impress! We have 26 houses that have reached the market and are ready to be visited. There are 30 houses that are pending, and best of wishes upon their closing! 11 sold properties, which means 11 new neighbors!

Following is the breakdown for you according to RMLS:

New on Market (Feb 16-23, 2015)

Address Type Price Bedrooms Bathrooms Sqft
200 BURNHAM RD #306 CONDO 195,000 2 1 1199
9 CONDOLEA DR CONDO 380,000 3 3 2198
5530 BONITA RD DETACHED 398,000 3 2 1200
4871 CENTERWOOD ST DETACHED 415,000 4 3 2519
18706 BRYANT RD DETACHED 519,995 3 2.5 2400
5326 SW CHILDS RD DETACHED 549,901 3 2.5 1801
18364 BRYANT RD DETACHED 551,995 3 2.5 2736
27 BECKET ST DETACHED 579,900 3 2 2615
1868 GLENMORRIE DR DETACHED 585,000 3 4 3032
14121 REDWOOD CT DETACHED 629,900 4 3.5 2703
2051 CREST DR DETACHED 699,500 4 2 2886
729 SOUTHVIEW RD DETACHED 725,000 3 2 2657
1770 HEADLEE LN DETACHED 750,000 2 3 2434
17620 BLUE HERON RD DETACHED 1,198,000 4 3.5 4041
17620 WOODHURST PL DETACHED 1,200,000 4 4 4389
720 KENOLA CT DETACHED 1,200,000 3 3.5 3727
1956 CHERYL CT DETACHED 1,425,000 4 4.5 5334
17096 CHAPIN WAY DETACHED 1,395,000-1,495,000 4 3.5 4395
401 9TH ST DETACHED 1,590,000 4 3.5 4288
1135 LAKE FRONT RD DETACHED 2.295,000 4 4 4245

Pending Sales (Feb 16-23, 2015)

Address Type Price Bedroom Bathrooms Sqft DOM
169 OSWEGO SMT #169 CONDO 83,032 2 2 1330 126
4000 CARMAN DR #55 CONDO 149,900 2 2 866 123
3433 MCNARY PKWY #208 CONDO 150,000 2 2 1008 8
45 EAGLE CREST DR #308 CONDO 169,900 2 2 1046 24
15868 PARKER RD DETACHED 219,950 2 1 780 36
152 RIDGEWAY RD CONDO 234,900 2 1.5 1794 3
65 KINGSGATE RD ATTACHED 299,900 3 2 1237 4
16735 LAKE FOREST BLVD DETACHED 318,900 3 2 1192 118
1743 ASPEN CT DETACHED 326,900 3 2 1341 115
4171 OLD GATE RD DETACHED 350,000 4 2 1752 7
43 CONDOLEA CT CONDO 365,000 2 2.5 2157 31
5185 CARMAN DR DETACHED 389,000 3 1.5 1848 141
4820 LAMONT WAY DETACHED 392,900 3 2.5 1768 193
3402 LAKE GROVE AVE DETACHED 410,000 3 2 1686 102
5926 DOVE CT DETACHED 425,000 3 2 1807 2
12836 SIERRA VISTA DR DETACHED 449,000 4 2.5 2166 136
2508 ORCHARD HILL PL DETACHED 454,000 3 2.5 2229 4
1653 DEVON LN DETACHED 485,000 4 3 3181 165
644 ELLIS AVE DETACHED 499,000 3 2 3340 16
17393 SCHALIT WAY DETACHED 540,000 3 2 2240 16
2234 FERNWOOD CIR DETACHED 545,000 4 3 2975 84
124 D AVE ATTACHED 550,000 2 2.5 1754 7
4258 ALBERT CIR DETACHED 659,000 4 2.5 2745 197
1890 CREST DR DETACHED 725,000 3 2.5 2782 144
1051 COUNTRY COMMONS DETACHED 799,900 4 2.5 3582 224
13643 MELROSE LP DETACHED 799,900 4 4 4146 45
14626 UPLANDS DR DETACHED 828,900 4 3 2951 2
2726 RIVENDELLL RD DETACHED 849,000 5 3 3315 2
18253 SIENA DR DETACHED 1,198,000 5 4 4310 3
13612 GOODALL RD DETACHED 1,469,000 5 4.5 4362 332

Sold/Closed (Feb 16-23, 2015)

Address Type List Price Close Price Sqft DOM
1803 BOCA RATAN DR ATTACHED 297,000 288,000 1739 44
18275 TERRY CT DETACHED 319,000 315,000 1270 228
5695 WASHINGTON CT DETACHED 349,900 345,000 1769 9
47 ORIOLE LN DETACHED 399,500 378,000 1958 123
5907 FERNBROOK CIR DETACHED 399,900 398,950 1892 175
4104 LAKEVIEW BLVD DETACHED 439,000 420,000 2252 66
2 PIMLICO TER DETACHED 599,000 490,000 2301 83
1562 CHANDLER RD DETACHED 1,225,000 500,000 2318 305
1560 LABURNUM WAY DETACHED 499,900 520,000 1773 1
2762 VALE CT DETACHED 620,000 620,000 2709 7
1766 PALISADES TERRACE DR DETACHED 750,000 735,000 2792 190

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

Tennis Opportunities

09_tennis_resurfI think there are quite a number of things that add to quality of life, and staying active and fit is one of them. For some that may involve aerobics, weights, walking, running, swimming, any number of activities. The greater your options, the greater the odds are that you’ll stay active, and tennis is a great option.

The City of Lake Oswego offers indoor and outdoor tennis options.

Outdoor tennis is found in 7 locations, 2 of which have lighting for evening use. These courts are first-come, first-serve with the exception of the courts that are located on school property. Use at those locations is affected by school use as well. But they are pretty simple to use and easy to find. For a list of locations, click here.

The indoor courts can be found at the Tennis Center at 2900 Diane Drive in Springbrook Park. Open daily from 6:00am to 9:00pm, courts are available on an hourly basis for $18 per hour. Reservations can be made up to a week in advance. For convenience you can buy lump sum packages (still at $18 an hour). In July there is a lottery for up to 4.5 months of advance reservations in September to May.

dsc_0387The indoor facility has four courts. There are a wide variety of activities for all ages, and all abilities: general use, lessons, competitions, youth tennis, it’s very impressive.

Of special note, the Lake Oswego Tennis Center, with sponsorship from the Greater Portland Tennis Council, provides the only Special Olympics tennis program in the State of Oregon.

Also, be aware for about 2 weeks each summer the facility is closed for maintenance. Last year the 2 weeks were in August.

I hope you find this helpful. Enjoy!
Dianne

Posted on

Market Activity Feb 9-15, 2015

Ok, I am going to just say it, I LOVE living in the Pacific Northwest. This past week it has been 60 degrees and sunny. We have a chance of sprinkles the next couple of days, and then…more sun! That’s pretty perfect for this time of year.

Last week in LO we had 8 new listings, 27 pending sales, and 7 closed sales. My prediction is that in the next few weeks the number of new listings will at least double and, even more likely, triple. If they don’t? We are going to see prices go up. Low supply drives up prices. We shall see….

Following is the breakdown for you according to RMLS:

New on Market (Feb 0-15, 2015)

Address Type Price BR Bths SF
192 Oswego Summit Condo $144,850 2 2 1383
3433 McNary Pkwy #208 Condo $150,000 2 2 1008
4171 Old Gate Rd Detached $350,000 4 2 1752
2508 Orchard Hill Place Detached $454,000 3 2.5 2230
2084 Ridgewood Rd Detached $799,000 3 2.5 2117
77 Garibaldi St Detached $829,000 4 2.5 3515
2726 Rivendell Rd Detached $849,000 5 3 3315
13554 Peters Rd Detached $899,850 3 3 3036

Pending Sales (Feb 9-15, 2015)

Address Type Price BR Baths SF DOM
3930 Lake Grove Ave A1 Condo $130,000 2 1 952 111
116 Oswego Summit Condo $139,000 2 2 1140 323
4 Touchstone #136 Condo $178,500 3 2.5 1351 5
5061 Foothills Dr A Condo $199,950 2 2 991 6
5063 Foothills Dr A Condo $200,000 2 2 991 3
1349 Bonniebrae Dr Attached $319,000 3 1.5 1303 118
4524 Lower Dr #A3 Condo $279,000 3 2.5 1650 130
1260 Hallinan St Detached $298,000 3 1.5 1325 4
6138 Kenny St Detached $314,000 3 1.5 1190 31
4841 Dawn Ave Detached $349,000 3 2 1550 64
4146 Lakeview Blvd Detached $400,000 5 1.5 2056 99
324 4th St Attached $425,000 2 2.5 1731 30
18975 Indian Springs Rd Detached $437,900 4 2.5 1910 6
127 Del Prado St Detached $459,000 4 3 2310 5
886 9th St Detached $469,500 2 1 860 23
18929 Terry Ave Detached $494,900 4 2 2441 20
37 Berwick Rd Detached $495,000 5 2 2198 36
6 Northview Ct Attached $532,500 4 3.5 3200 14
1011 Spruce St Detached $565,000 3 2.5 1930 29
14128 Edenberry Dr Detached $749,900 4 2.5 3168 10
19242 Indian Springs Rd Detached $749,900 4 2.5 3365 35
5488 Southwood Dr Detached $775,000 4 2.5 3280 112
2950 Upper Dr Detached $795,000 4 3.5 3373 64
2109 Wembley Park Rd Detached $795,000 5 3 3154 73
1233 Bickner St Detached $800,000 4 3.5 3150 0
1267 Cherry Ln Detached $849,000 4 2 3311 308
18360 River Edge Ln Detached $957,000 4 2.5 3738 22

Sold/Closed (Feb 9-15, 2015)
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Address Type List Price Closed Price Sq Ft CDOM
59 Galen St Condo $94,900 $94,000 550 22
16250 Pacific Hwy Condo $204,500 $190,000 1305 167
18495 Tamaway Dr Detached $548,000 $548,000 2680 11
909 Lake Front Rd Detached $699,900 $555,000 2,916 480
435 7th St Detached $649,000 $620,000 2010 175
13983 Westcott Ct Detached $649,000 $637,500 2792 71
17237 Kelok Rd Detached $1,090,000 $1,080,000 2206 23

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

Historic Homes

107 Burnham Rd, The Tug Master's House, circa 1905
107 Burnham Rd, The Tug Master’s House, circa 1905
I think we have all heard of the National Register of Historic Places and have a vague idea that it means you get tax breaks and have to let the public in your house occasionally. At least that is a notion I have had for some time. That is until recently.

Lake Oswego has many historic properties. Touring a home that is currently for sale, a 1920’s church that has been converted to a home, the subject came up and I got curious for details. What I learned is quite different from what my perception had been.

First of all, the requirement to allow the public into your home is long gone. It simply isn’t safe to allow strangers into your home. Second, there are not a lot of tax benefits to the designation. If you own or are buying a home with historic designation it really is about the love of the property and the desire to preserve it.

There are several designations.

1125 Maple St, The Black House, circa 1933
1125 Maple St, The Black House, circa 1933
The most famous is run by the United States Park Service and is the National Register of Historic Places. To have this designation the property us usually at least 50 years old. It is also either architecturally significant or has been the home of a famous individual or was the location of a famous event. This is by far the most prestigious designation. Lake Oswego has 17 properties that are on the National Register, 13 of which are houses. To find a list of these properties, click here. At the National level there are no tax benefits for these historic properties. At the state level, there are.

The State of Oregon runs its own historic registry that is pretty much all of the Oregon properties that are on the National Historic Registry. The state does offer a tax incentive, but it is tied into the preservation of the property. Essentially you have to propose and get approved a plan that would take 10% of the current market value of the property and apply that same amount of money over the course of 10 years to do substantial rehabilitation projects on the property. Preference is given to projects that improve and maintain the exterior. When finished, you must place an approved plaque on the exterior. In return for doing this, your property taxes are frozen for the same 10 years. For more information about this program, click here.

The last historic designation is local. Lake Oswego has its own historic designation list. There are currently 72 properties on this list. The owners of these properties must retain the character of the exterior, but they can remodel the interior. Any exterior alterations must be consistent with the buildings historic character, and any changes made are subject to review and approval of the Development Review Commission. The City has also, in the past, made available grants of up to $2000 for restoration and preservation of these properties. For the list of Lake Oswego properties, click here.

16906 Cherry Crest Dr, The Laidlaw House, circa 1930
16906 Cherry Crest Dr, The Laidlaw House, circa 1930
I personally really love old homes. My current home was built in 1923 and is likely the original farm house in my Lake Grove neighborhood. I also appreciate when old homes are preserved and neighborhood character is retained. First Addition is a superb example of this. Don’t get me wrong, I love new houses too. For spacious floor plans and large closets, that is the better option. Perhaps the perfect house is a new one that is built in the old style. There are quite of those in Lake Oswego as well.

The bottom line is that I really value and appreciate the efforts at all levels, local to National, that encourages the preservation of historic properties. Perhaps you do as well.

Dianne