Tag: Whitney Gregoire

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Market Activity Aug 22-28, 2016

We had a bit of a dip in new listings last week with just 11 properties coming onto the market. That, along with the Labor Day weekend and the start of school, really makes me feel like summer is winding down. Pending sales as well as closed sales held steady with 22 houses going pending and 21 houses closed. Have a safe and happy holiday everyone!

Following is the breakdown for you according to RMLS:

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

Address Type Price BR Baths Sq Ft
48 Eagle Crest Dr 2F Condo $279,900 3 2 1673
15711 Boones Way Detached $499,000 3 2 1973
625 10th St Detached $525,000 3 1.5 1128
4660 Wildwood St Detached $545,000 5 2 2412
1031 Oxford Dr Detached $559,900 3 2.5 2564
87 Tanglewood Dr Detached $575,000 4 3.5 2654
9 Spinosa Detached $595,000 2 2.5 2250
32 Wilbur St Condo $635,000 2 2.5 2671
16510 Maple Circle Detached $679,000 4 3 2295
8 Pimlico Terrace Detached $699,900 5 3 3120
4620 Dogwood Dr Detached $972,500 4 2.5 3613

Pending Sales (Aug 22-28, 2016)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #13 Condo $154,900 2 1 932 45
4000 Carman Dr #1 Condo $199,900 2 2 834 34
221 Cervantes Condo $265,000 2 2.5 1240 14
1543 Bonniebrae Dr Attached $287,500 3 1.5 1303 22
16443 Lake Forest Blvd Detached $395,000 3 2 1474 4
1248 Ash St Detached $399,950 2 1 1631 98
4291 Collins Way Detached $405,000 3 2 1482 5
4752 Rembrandt Detached $439,900 3 2.5 1655 3
17335 Ashley Ct Attached $455,000 4 3 2161 113
16287 Bonaire Ave Detached $495,000 4 3 2100 53
1935 Fernwood Dr Detached $495,900 4 3 2100 53
13142 Peters Rd Detached $499,900 4 2.5 2412 17
950 Lake Front Rd Detached $549,900 4 2.5 2112 21
510 Country Club Rd Detached $560,000 4 3 3274 105
5581 Yorkshire Pl Detached $585,000 4 2.5 3218 69
16 Independence Ave Detached $650,000 5 3 3979 65
4279 Albert Circle Detached $685,000 3 2.5 2768 45
5 Cellini Ct Detached $709,900 5 3.5 4659 178
17170 Wall St Detached $835,000 4 3.5 3446 12
1131 Northshore Rd Detached $1,249,000 4 3 3850 374
13197 Thoma Rd Detached $1,495,000 4 3 3560 348
980 Evergreen Rd Detached $2,280,000 4 5.5+.5 5644 90

Sold/Closed(Aug 22-28, 2016)

Address Type List Price Sold Price Sq Ft CDOM
47 Eagle Crest Dr #7 Condo $88,897 $90,000 932 92
366 Cervantes Cir 14C Condo $160,000 $160,000 832 2
3433 McNary Pkwy #304 Condo $205,000 $205,000 1,208 3
4000 Carman Dr #26 Condo $289,000 $210,000 836 3
45 Eagle Crest Dr #509 Condo $299,900 $285,000 1379 264
4341 Woodside Circle Condo $359,000 $360,000 1532 6
18610 Benfield Ave Detached $419,000 $432,100 1407 17
5895 Burma Rd Detached $459,900 $440,000 1,781 43
1710 Yarmouth Cir Detached $495,000 $485,500 1540 52
13379 Thoma Rd Detached $494,900 $526,000 2594 44
4951 Galen St Detached $589,900 $535,000 2543 52
4889 Hampton Ct Detached $543,000 $550,000 2206 4
22 Partridge Ln Detached $569,900 $574,900 3334 101
397 Livingood Ln Detached $590,000 $616,000 2631 2
5519 Bay Creek Dr Detached $784,900 $777,400 3415 14
15468 Boones Way Attached $800,000 $800,000 2432 44
5086 Hastings Ct Detached $849,900 $830,000 3255 18
4378 Albert Circle Detached $862,000 $862,000 3734 0
906 Cedar St Detached $950,000 $950,000 2829 247
1626 Englewood Dr Detached $1,450,000 $1,300,000 5690 14
17210 Cedar Rd Detached $1,875,000 $1,675,000 2813 165

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 Report August 8th – 14th, 2016

We’ve had a busy week!
24 new listings, 17 pending, and 21 sold!

Looks like the market has been pretty consistent. However, with school starting we may start to see a dip in activity. I knew a few of my friends are looking to buy homes in Lake Oswego, and may be encouraged to really start looking if they feel like there isn’t as much competition. Having been working with buyers as of late, I completely understand the thought process here.

Following is the breakdown for you according to RMLS:

New on the Market (August 8th-14th, 2016)

Address Type Price Bedrooms Bathrooms Sqft
4919 LAKEVIEW BLVD CONDO 129,000 1 1 753
221 CERVANTES CONDO 265,000 2 2.5 1240
15460 BRIANNE CT ATTATCH 320,000 2 2.5 1250
18540 KRISTI WAY DETACHED 329,950 3 1.5 1246
14372 SHERBROOK PL DETACHED 335,000 2 1.5 1216
43 ORIOLE LN DETACHED 385,000 2 2 1810
9 ORIOLE LN DETACHED 419,000 3 3 1928
13142 PETERS RD DETACHED 499,900 4 2.5 2412
72 TOUCHSTONE ST DETACHED 499,900 3 3 3908
1706 MEADOWS DR DETACHED 539,900 3 2 1698
19061 SW INDIAN CREEK AVE DETACHED 544,900 4 3 3070
1920 PARK FOREST AVE DETACHED 575,000 3 3 2679
18183 WESTMINSTER DR DETACHED 720,000 3 2.5 3191
2325 OAKHURST LN DETACHED 799,900 5 2.5 3627
18462 PIONEER CT DETACHED 819,000 5 3 3804
17170 WALL ST DETACHED 835,000 4 3.5 3446
5267 LAKEVIEW BLVD DETACHED 900,000 4 3 3454
1666 LAKE FRONT RD DETACHED 1,279,000 4 3.5 3183
19331 LORNA LN DETACHED 1,335,000 4 3.5 5070
4146 LAKEVIEW BLVD DETACHED 1,380,000 4 3.5 3279
548 RIDGEWAY RD DETACHED 1,560,000 4 3 2830
404 FAIRMOUNT RD DETACHED 1,595,000 4 3 3948
18332 MEADOWLARK LN DETACHED 1,675,000 6 5 6043
980 EVERGREEN RD DETACHED 2,280,000 5 5.5 5644

Pending Sales (August 8th-14th, 2016)

Address Type Price Bedroom Bathrooms DOM
75 GALEN ST CONDO 184,500 2 2 4
58 OSWEGO SMT CONDO 210,000 2 2 24
3932 CARMAN DR CONDO 229,900 2 2 131
2 SW MOUNTAIN CIR ATTACHED 299,000 2 1 32
1223 HEMLOCK ST DETACHED 422,500 2 1 118
18715 INDIAN CREEK DR DETACHED 529,900 3 2 118
4 ESSEX CT DETACHED 549,900 4 2 23
17901 STAFFORD RD DETACHED 599,000 3 2 103
17771 MARYLCREEK DR DETACHED 765,000 4 3.5 17
621 COUNTRY CLUB RD DETACHED 825,000 4 2.5 160
5340 GREYSTOKE DR DETACHED 875,000 3 3 443
18260 RIVER EDGE CT DETACHED 949,000 4 3.5 164
1300 ANDREWS RD DETACHED 1,190,000 5 3 60
862 CEDAR ST DETACHED 1,250,000 4 3.5 170
13060 KNAUS RD DETACHED 1,495,000 4 3.5 48
855 G AVE DETACHED 1,499,000 4 2.5 309
1098 CHANDLER RD DETACHED 1,749,000 4 3.5 432

Sold/Closed (August 8th-14th, 2016)

Address Type List Price Close Price Sqft DOM
47 EAGLE CREST DR #21 CONDO 149,000 138,800 932 767
86 CERVANTES CIR CONDO 158,000 158,000 912 1
3433 MCNARY PKWY CONDO 199,900 208,000 1208 5
750 1ST ST CONDO 279,900 265,000 1350 30
534 2ND CONDO 469,000 469,000 1394 62
528 2ND ST CONDO 489,900 489,900 1703 3
16913 CANAL CIR DETACHED 530,000 530,000 2525 0
30 MORNINGVIEW CIR DETACHED 549,000 543,000 2276 29
16921 KARA LN DETACHED 569,000 556,700 2382 31
171 GREENWOOD RD DETACHED 575,000 585,000 1610 11
300 4th ST ATTACHED 600,000 600,000 1731 0
1002 HEMLOCK ST DETACHED 624,990 617,990 1950 4
41 TOUCHSTONE DETACHED 669,900 653,000 3092 85
3540 UPPER DR DETACHED 659,900 65,500 2716 46
2331 DELLWOOD DR DETACHED 715,000 715,000 2746 4
737 COUNTRY CLUB RD DETACHED 799,900 750,000 3242 72
13366 BOONES FERRY RD DETACHED 875,000 825,000 3564 30
22 GREENWOOD RD DETACHED 850,000 825,000 2701 40
13084 AMBER PL DETACHED 1,199,099 1,150,000 3756 6
1255 CHANDLER RD DETACHED 1,400,000 1,400,000 3212 0
149 FURNACE ST DETACHED 1,688,888 1,600,000 3954 161

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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2016 Street of Dreams

IMG_1061The Street of Dreams is held somewhere in the metro area each August. Sometimes it is worth the price of admission, and sometimes it is not. This year it is, in spades.

IMG_1070When I go to the Street of Dreams I am looking for very special homes. This is not supposed to be a showcase of average stuff. I am looking for design ideas that are new, fresh, and functional. The sorts of things that we will see here first and that gradually become available in more average new homes. I am also looking for luxury: high-end finishes, exteptional architectural design, and locations that warrant spending millions of dollars on a house.

I am going to admit that last year’s Street of Dreams in Lake Oswego was a bit of a let down. After a hot day touring the houses I felt a big humphhhhh. Several houses were quite grand, but the master closets were small, one house had a 2-car garage, and being in LO, well, the houses were like lots of houses in LO.

IMG_1073This years tour is in an exceptional location across the street from the Oregon Golf Club in West Linn. The lots are all about 2 acres with views of vineyards and Mt Hood. Gorgeous! The price tags are also up there at around $4,000,000. But what you get for this kind of money actually feels like a value in these houses.

First of all, there are no 2-car garages here. Each houses has at least 3 car garages and several have 4. The size of the homes is 7000+ square feet with space for families, guests, and yes, perhaps an au pair or servant.

My favorite house is the Delcetto. I love this house! Built by Elite Development, 2 women builders, it is fresh and new in so many ways. The windows look to all be custom made to resemble an industrial look like you would find an a loft in Manhattan. Yet the decor is also elegant and somewhat reflective of French Country. As you enter you cross a water feature over a small bridge. As you go through the house you get to revisit the water feature when you discover it ends in a water fall outside of a basement window that would otherwise be nothing but dirt and bushes. So surprising and so pretty! This is the kind of stuff I want to find at the Street of Dreams.

IMG_1071Here are some of my take aways that I think we will see come to more average new construction:

Fixtures and finishes for things like hinges and knobs are still primariy chrome and brushed nickel. I had heard that this was going away to be replaced by brushed brass, but it is not yet at the Street of Dreams, so the change is a ways away.

IMG_1075TVs and monitors are everywhere. That’s not particularly new, except that they are being incorporated into things like bathroom mirrors. Very cool.

Kitchen counter electrical outlets that pop up and then push down to be hidden away. Simple, probably not super expensive, practical, I think this one will make its way into many homes.

Water features and swimming pools are big. Several homes had full on swimming pools. The one I liked was a pool that was about the size of a big (and I mean big) hot tub. But it wasn’t hot. It was next to a lounging deck and clearly designed for cooling off with seating all of the way around so that a family or group of friends could sit in it together on a hot day. And, of course, there is the house with what they are calling a “moat” all of the way around. It’s about 12″ wide and does go around the house. It screamed to me “clog me with leaves and invite thirsty racoons”.

IMG_1068My last comment is about the most beautiful kitchen I have ever seen. The cooking island is literally so big that it included plenty of space for food prep, a breakfast bar, and a full on bench seating/table area. It sounds over the top, but the lines of the counter and cabinets, along with the large space of the room made it feel refined and elegant.

Did I mention the wine celler with a glass ceiling that you can look down into from the hallway above? This is the stuff that dreams really are made of.

So this year I say “Go”! It’s worth the price of admission.
Dianne

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Market Activity Aug 1-7, 2016

We are having a rather perfect summer here in LO. Temperatures have been mostly mild, staying in the 70’s and 80’s, the free summer concert series is in full swing, and the boats are lined up on gorgeous summer evenings at the dock at Stickmen’s. Gotta enjoy every moment, including the real estate activity. Last week LO had 17 new listings, 15 houses go to pending status, and 20 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (August 1-7, 2016)

Address Type Price BR Baths Sq Ft
100 Kerr Parkway #51 Condo $149,950 1 1 617
75 Galen St Condo $184,500 2 2 993
217 Cervantes Condo $219,000 2 1.5 1204
1543 Bonniebrae Attached $295,000 3 1.5 1303
4341 Woodside Circle Condo $359,000 3 2 1532
98 Greenridge Ct Attached $365,000 3 2.5 2000
4323 Lakeview Blvd Detached $499,000 4 2 1483
2395 Greentree Rd Detached $539,000 4 2.5 2832
950 Lake Front Rd Detached $549,000 4 2.5 2112
5051 W Sunset Dr Attached $550,000 2 2.5 1734
17821 Sundown Ct Detached $625,000 4 2.5 3368
10 Buckingham Terrace Detached $719,900 4 3 3428
19233 Indian Springs Rd Detached $789,000 4 4.5 3485
5435 Westfield Ct Detached $790,000 4 3 2796
1555 Country Commons Detached $1,399,000 3 2.5 4191
610 4th St Detached $1,600,000 3 2.5 3394
17979 Crestline Dr Detached $2,050,000 4 3 5905

Pending Sales (August 1-7, 2016)

Address Type Price BR Baths Sq Ft CDOM
44 Eagle Crest Dr #38 Condo $166,000 1 1 798 3
4314 Botticelli St Condo $334,950 3 3.5 2098 7
3765 Lanewood St Detached $395,000 3 2 1482 3
18851 Pilkington Rd Detached $399,000 3 2 1679 5
4231 Woodside Circle Condo $405,000 3 2 1943 22
16652 Bryant Rd Detached $440,000 2 2 2411 5
532 2nd St Condo $465,000 2 2.5 1395 14
534 2nd St Condo $469,000 2 2.5 1394 62
700 Briarcliff Ln Detached $529,900 3 3 2132 41
4962 Harvard Ct Detached $535,000 4 2.5 2522 42
17486 Cardinal Dr Detached $575,000 5 3 2327 14
18121 Pioneer Ct Detached $648,000 4 2.5 2310 41
49 Hillshire Dr Detached $672,500 4 2.5+.5 4268 48
15985 Bonaire Ave Detached $835,000 3 2.5 2910 0
151 Berwick Rd Detached $999,500 4 3 4387 37

Sold/Closed (August 1-7, 2016)

Address Type List Price Sold Price Sq Ft CDOM
42 Cervantes Circle Condo $155,000 $157,000 912 5
3940 Carman Dr Condo $229,900 $229,900 1,132 13
24 Condolea Dr Condo $275,000 $303,000 1,448 5
2255 Greentree Rd Detached $450,000 $412,500 2309 14
1190 Oak Terrace Detached $460,000 $420,000 1534 11
1160 Oak Terrace Detached $450,000 $420,000 1654 7
17470 Hill Way Detached $398,000 $430,000 1561 4
17312 Chapin Way Detached $559,000 $591,000 1,854 5
12870 Elk Rock Rd Detached $950,000 $785,000 2742 310
2023 Ridgewood Rd Detached $878,000 $820,000 4340 115
5321 Carman Grove Ln Detached $800,000 $824,000 2824 0
17981 Meadowlark Ln Detached $825,000 $835,000 3250 4
4069 Pfeifer Ct Detached $1,125,000 $860,000 4332 102
4688 Chelsea Ln Detached $915,000 $885,000 3549 34
610 Atwater Rd Detached $995,000 $992,000 2969 35
784 3rd St Detached $1,249,000 $1,200,000 4138 72
4431 West Bay Rd Detached $1,695,000 $1,375,000 3098 367
2707 Southshore Blvd Detached $1,449,000 $1,400,000 3122 47
711 7th St Detached $1,549,000 $1,425,000 3097 2
1455 Lake Front Rd Detached $3,200,000 $2,600,000 6145 1085

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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Lets talk about Pokémon Go in Lake Oswego!

At the start of this month one of the biggest smart phone crazes took place with a very popular Nintendo franchise: Pokémon. A small company by the name of Niantic took it upon themselves, with the help of Google Maps, to place Pokémon all over the world.
What does this have to do with houses in Lake Oswego?
Well a lot really: we are seeing a huge rise in foot traffic all over the neighborhood as people young and old wander around with their eyes glued to their phone, in search of these illusive little digital critters.
One major question seems to be popping up from a lot of Lake Oswego home owners: Who is doing this? And why are they putting Pokémon in my house or my back yard?
Well to answer this question I had to investigate: I downloaded the app myself and went about on my own quest to peruse catching as many Pokémon as I could in Lake Oswego (some of you probably saw me wandering around. I think the most embarrassing thing that had happened so far is that I walked into a low-hanging branch. Otherwise I’ve been pretty keen to keep an eye on my surroundings).
What I found was that, not only do Pokémon pop up just about anywhere (and randomly) but that there are a lot of little Pokémon landmarks all over our neighborhood. What once was an old piece of art, playground equipment, or even a sign that tells you to clean up after your pooch, have now become checkpoints (like geocaching) and digital combat zones (where you can compete against other players and fight your little monsters).
Another thing I have found is that Pokémon are invisible until you wander close to them. They are not tied to an exact spot, but are within a vicinity of where you are. This means that even if they are standing across the street from you, that you can engage in catching them as though they are directly in front of you.
Niantic, the company that is responsible for making this game, has made it very easy to AVOID wandering into people houses and back yards by giving your little in-game player a radius to work with, rather than expecting you to stand directly on top of were a Pokémon may be. So there really should be no excuse to have to trespass into other people’s yards. If you cannot get a Pokémon to appear from the street, chances are it won’t appear even if you trespass.
Some companies (like the Baja Fresh off of Boones Ferry Rd, or Pine Shed Ribs next to the Plaid Pantry), have had the luck of becoming poke-stops (a location point that acts as an interactive recharging station, where it is both easier to get more goodies and catch more Pokémon) and can often be found setting out lures to draw in attention from Pokémon Go players, and thus gaining a little extra business. Lures are in essence a paid bonus that you can buy from the in-game store to attach to existing poke stops, to draw more Pokemon to a location, making it easier for Pokemon Go players to hang out and catch Pokémon, rather than wander around physically.
All-in-all Pokemon Go is a very interesting, and fun, digital craze that plans to be around for a while. It provides a remarkable incentive to go on daily walks around your neighborhood, as well as goals to walk impressive distances. However, it does not encourage players to trespass! So rest assured Lake Oswego, there should be no excuse for people to wander onto your property without permission, in an effort to catch invisible critters. Though I do suggest this game for all ages!

Pokemon

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Market Activity Report July 18th – 24th, 2016

The summer continues to hustle and bustle!
26 new listings, 32 pending, 19 houses sold!
Condos continue to be a very hot item on the market! I recently visited a few up by Touchstone and Eagle Crest. Some where just lovely, but some needed some love. Never-the-less all condos seem to be going quick.

New on the Market (July 18th – 24th, 2016)

Address Type Price Bedrooms Bathrooms Sqft
193 OSWEGO SMT CONDO 235,000 2 2 1383
48 EAGLE CREST DR CONDO 250,000 2 2 1443
4325 SILVER CT CONDO 360,000 3 2.5 1844
6040 LAKEVIEW BLVD DETACHED 459,000 3 2 2390
532 2ND ST CONDO 469,900 2 2.5 1395
16287 BONAIRE AVE DETACHED 495,000 2 1 1430
13991 MAJESTIC CT DETACHED 499,900 3 2.5 1325
6244 FROST LN DETACHED 500,000 4 3.5 2304
668 MCVEY AVE #22 CONDO 500,000 3 1.5 992
4 ESSEX CT DETACHED 549,900 4 2.1 2835
6423 FROST ST DETACHED 569,000 3 2.5 2548
17486 CARDINAL DR DETACHED 575,000 5 3 2327
17 LAUREL ST DETACHED 585,000 3 1.5 3096
14555 SHERBROOK PL DETACHED 598,000 4 2.5 2942
2478 MARYLVIEW CT DETACHED 785,000 4 3 3531
19 MONTICELLO DR DETACHED 819,000 6 3 4866
820 BOCA RATAN DR DETACHED 899,900 4 3.5 2628
1601 PINE ST DETACHED 944,900 4 3.5 3711
13079 AMBER PL DETACHED 998,000 5 3 3200
1130 OAK TER DETACHED 1,049,000 4 3.5 3729
4168 CHAD DR DETACHED 1,049,900 4 3.5 3744
18820 GREENBLUFF DR DETACHED 1,475,000 4 4.5 5570
17515 BLUE HERON RD DETACHED 2,495,000 5 5.5 6314
12850 FIELDING RD DETACHED 2,500,000 9 9.5 19444
16715 PHANTOM BLUFF CT DETACHED 3,988,000 4 4.5 4585
1900 TWIN POINTS RD DETACHED 8,680,000 4 3.5 6776

Pending Sales (July 18th – 24th, 2016)

Address Type Price Bedroom Bathrooms DOM
3433 MCNARY PKWY CONDO 199,900 2 2.5 5
58 OSWEGO SMT CONDO 210,000 2 2 4
343 5th ST CONDO 249,000 2 1 27
1400 BONNIEBRAE DR CONDO 254,000 2 1 41
12824 SW BOONES FERRY RD ATTACHED 298,000 2 2.5 7
16250 PACIFIC HWY #76 CONDO 299,900 3 2 9
12842 BOONES FERRY RD CONDO 324,900 2 2.5 98
300 LAKE BAY CT DETACHED 445,000 2 1 88
2255 GREENTREE RD DETACHED 450,000 4 2.5 14
1160 OAK TER DETACHED 450,000 3 2 7
16041 WALUGA DR DETACHED 454,900 4 2 8
1190 OAK TER DETACHED 460,000 4 2 11
5850 BONITA RD DETACHED 475,000 3 2 143
495000 YARMOUTH CIR DETACHED 495,000 2 2 52
1419 HEMLOCK ST DETACHED 500,000 5 3 28
2370 GLEN HAVEN RD DETACHED 539,900 5 2.5 28
4889 HAMPTON CT DETACHED 543,000 3 2.5 4
17312 CHAPIN WAY DETACHED 559,000 3 2 5
1705 LEE ST DETACHED 699,000 4 3.5 79
17323 LAKE HAVEN DR DETACHED 699,900 3 2.5 4
727 LAUREL ST DETACHED 775,000 3 3.5 84
15468 BOONES WAY ATTACHED 800,000 4 2.5 44
1015 SHER LN DETACHED 850,000 5 3 37
412 8th ST DETACHED 899,000 3 2.5 33
18025 SARAH HILL LN DETACHED 899,900 4 3.5 6
834 6th ST DETACHED 1,099,900 4 2.5 12
1175 CHERRY CIR DETACHED 1,325,000 6 4.5 367
3118 DOUGLAS CIR DETACHED 1,339,000 3 2.5 56
149 FURNACE ST CONDO 1,688,888 3 3.5 161
13600 GOODALL RD DETACHED 2,295,000 6 6.5 44
1455 LAKE FRONT RD DETACHED 2,695,000 4 5.5 1085

Sold/Closed (July 18th – 24th, 2016)

Address Type List Price Close Price Sqft DOM
74 GALEN ST CONDO 159,000 142,464 995 43
44 EAGLE CREST DR CONDO 140,000 152,000 908 4
168800 GALEN ST CONDO 168,800 188,800 923 2
15465 SW TANAGER DR DETACHED 445,000 475,000 1535 2
18906 KRISTI WAY DETACHED 485,000 485,000 1864 2
13449 VERMEER DR DETACHED 495,000 495,000 1877 37
17763 MARDEE AVE DETACHED 519,000 545,000 2300 3
1161 UPPER DEVON LN DETACHED 575,000 574,995 2265 28
4 INDEPENDENCE AVE DETACHED 600,000 605,000 3782 6
5714 CHARLES CIR DETACHED 649,900 625,000 2401 18
8 YORICK ST DETACHED 699,900 686,000 3418 5
13528 TWIN CREEK LN DETACHED 800,000 750,000 3129 52
15964 PARKER RD DETACHED 799,900 785,000 3378 31
2331 PRESTWICK RD DETACHED 825,000 825,000 2613 0
4667 SHEPHERDS LN DETACHED 869,900 869,900 2999 31
348 5th ST DETACHED 875,000 875,000 2019 129
17436 KELOK RD DETACHED 1,050,000 1,050,000 3054 7
16828 ALDER CIR DETACHED 1,550,000 1,550,000 2362 0
2880 UPPER DR DETACHED 1,795,000 1,762,000 5634 76

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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Featured Neighborhood: Lake Forest

IMG_1034Today I want to introduce you to the neighborhood in Lake Oswego where I live, Lake Forest. There are 25 specific neighborhoods in Lake Oswego, each with unique aspects and, for some, a neighborhood association.

Lake Forest is bound on the North by Kruse Way, on the South by Boones Ferry Rd, on the West by I-5, and on the East by Carman Dr and East Waluga Park (approximately). For many years most of the neighborhood was in unincorporated Clackamas County. Some of it still is. I would say the single most distinctive characteristic are the large stands of towering Douglas Fir trees. Because some of it is unincorporated Clackamas County, many of the homes are still on septic systems. The lots on septic are not sub-dividable. Lake Oswego requires that if a septic system fails that is within 300 feet of the city sewer system, then the house has to connect to the sewer. This is gradually happening. Over time it is likely that all of this area will be brought into the city. It is a slow and gradual process that will take many years. In the mean time the large trees and large lots are a feature of the area.

fit_spot_1There is one park in the Lake Forest neighborhood, West Waluga Park. This park features a covered picnic area, a play ground for kids, a library book return drop box, and a fit spot workout station.

The area is super convenient to I-5 and Hwy 217. It is also extremely walkable with Albertson’s and Zupans only about 1-2 miles from even the farthest reaches of the neighborhood. Then there are the many Starbucks. Not exaggerating, there are 6 Starbucks within a mile of my house.

IMG_1035There are currently 15 houses for sale in the Lake Forest neighborhood. The least expensive is a 1258 square foot home that was built in 1970 and is listed for $475,000. It has 3 bedrooms, 2 full baths, and sits on .58 of an acre. The most expensive is a brand new house that is currently under construction and listed for $875,000. When finished it will have 2824 square feet with 3 bedrooms and 3 baths.

I actually consider the Lake Forest neighborhood to be one of the more affordable parts of Lake Oswego.

Personally, I love living in the area. I really like the convenience, but I also like the mix of housing. Older more modest homes are mixed in with new construction and more luxurious homes. Then you add in the flock of Peacocks that live on Bonaire and, well, it’s what I call home.
Dianne

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Market Activity July 11-17, 2016

There is been lots of media coverage of late talking about our house prices and how they are climbing quickly. That is holding true throughout the Portland area and Lake Oswego is no exception. It is summer and the real estate market is hot. We are continuing to see high demand and the good news is that the new listings continue to happen. Last week LO had 30 new listings, 27 houses go into pending status, and 21 closed sales.

Following is the breakdown for you according to RMLS:

New on the Market (July 11-7, 2016)

Address Type Price BR Baths Sq Ft
54 Galen St Condo $248,000 2 2 995
48 Eagle Crest Dr 1B Condo $269,000 3 2 1538
668 McVey Ave #64 Condo $279,900 1 1 636
12824 Boones Ferry Rd Attached $298,000 2 2.5 1398
2 Mountain Circle Attached $299,000 2 1.5 1372
16250 Pacific Hwy #76 Condo $299,900 3 2 1767
19377 Sycamore Ave Detached $360,000 3 1 1008
67 Greenridge Ct Attached $369,000 3 2.5 2004
4231 Woodside Circle Condo $405,000 3 2 1943
17311 Mandi Ln Detached $429,000 3 2.5 1935
1160 Oak Terrace Detached $450,000 3 2 1654
16041 Waluga Dr Detached $454,900 4 2 1982
1190 Oak Terrace Detached $460,000 4 2 1654
15422 Partridge Dr Detached $500,000 4 2.5 1872
4950 Centerwood St Detached $523,500 3 2 1871
19235 Redwing Ct Detached $549,900 4 2 2084
14588 Wilmot Way Detached $558,000 5 3 2238
3845 Tempest Dr Detached $574,000 4 2.5 2000
350 6th St Detached $589,900 4 2 2304
6126 Frost Ln Detached $639,000 5 3 2493
2981 Vale Ct Detached $739,900 5 2.5 3516
16980 Maple Circle Detached $839,000 4 2 2500
5844 Bay Point Dr Detached $869,000 3 2.5 3375
18025 Sarah Hill Ln Detached $899,900 4 3.5 3442
1049 Northshore Pl Detached $939,900 3 4 2274
16827 Scott Ct Detached $1,000,000 4 3.5 4179
17432 Kelok Rd Detached $1,025,000 3 2.5 2884
876 9th St Detached $1,099,900 4 2.5 2699
834 6th St Detached $1,099,900 4 2.5 2679
3155 Upper Dr Detached $1,100,000 4 3 2950

Pending Sales (July 11-17,, 2016)

Address Type Price BR Baths Sq Ft CDOM
47 Eagle Crest Dr #7 Condo $88,897 2 1 932 92
47 Eagle Crest Dr Condo $159,900 3 1 1024 3
172 Oswego Summit Condo $166,200 2 2 1383 0
4000 Carman Dr #71 Condo $189,900 2 2 834 2
750 1st St #A12 Condo $279,900 2 2 1350 30
1652 Bonniebrae Dr Attached $279,900 4 1.5 1303 11
40 Weatherstone Condo $385,000 3 2.5 1692 37
4974 Suntree Ln Attached $409,950 2 2.5 1652 53
4841 Dawn St Detached $425,000 3 2 1550 6
653 3rd St Detached $549,000 3 2 1270 95
16921 Kara Ln Detached $569,000 3 2.5 2382 31
22 Partridge Ln Detached $569,900 4 2.5 3334 101
300 4th St Attached $600,000 2 2.5 1731 0
18521 Waxwing Circle Detached $600,000 3 2.5 2936 63
1002 Hemlock St Detached $624,900 3 2.5 1950 4
12140 Orchard Hill Way Detached $644,000 4 2.5 3169 8
5086 Hastings Ct Detached $825,000 4 2.5 3255 18
13607 Melrose Pl Detached $869,500 4 3.5 3892 25
1520 Eastview Ct Detached $889,000 4 4 3750 29
906 Cedar St Detached $950,000 4 3.5 2829 247
610 Atwater Rd Detached $995,000 3 2.5 2969 35
3600 Wembley Park Rd Detached $1,100,000 4 3.5 3633 1
14599 Doris Ave Detached $1,143,000 5 3.5 3903 0
356 9th St Detached $1,280,000 3 3.5 3647 101
2575 Summit Dr Detached $2,395,000 4 4.5+.5 6185 151

Sold/Closed (July 11-17,, 2016)

Address Type List Price Sold Price Sq Ft CDOM
44 Eagle Crest Dr Condo $159,900 $158,000 908 57
342 Cervantes Circle Condo $185,000 $185,000 1,104 33
309 Cervantes Circle Condo $229,900 $229,900 1,209 9
4322 Silver Ct Condo $339,900 $350,000 1996 13
5295 Oakridge Rd Detached $394,900 $405,000 1182 6
13278 Vermeer Dr Detached $469,900 $520,000 1856 8
2302 Overlook Dr Detached $579,000 $546,700 3125 334
4231 Sunset Dr Detached $599,000 $550,000 2,272 18
4571 Oakridge Rd Attached $560,000 $560,000 2092 4
32 Spinosa Detached $549,500 $570,000 2542 8
32 Morningview Circle Detached $599,900 $587,500 2783 69
4252 Albert Circle Detached $689,000 $590,000 2964 28
1469 Greentree Circle Detached $599,900 $610,000 1808 5
4070 Westbay Rd Detached $659,000 $629,000 1828 105
839 Country Commons Ln Detached $710,000 $660,000 3089 0
29 Del Prado St Detached $650,000 $682,500 3037 6
1623 Glenmorrie Dr Detached $850,000 $850,000 5677 23
3788 Southshore Blvd Detached $915,000 $881,500 3224 17
16686 Maple Circle Detached $1,195,000 $1,095,000 3311 290
3555 Lake Grove Ave Detached $1,199,000 $1,100,000 3324 83
1617 Lake Front Rd Detached $3,250,000 $3,000,000 4619 6

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 Report for June 27th to July 3rd, 2016

I hope everybody had a wonderful 4th of July!
The weather was just perfect for it!

Taking a look at our recent activity: there are a LOT of condos that have just sold. Looks like condos are very hot right now in LO!

Over-all we have had 29 new listings, 24 pending homes, and 26 sold!

Following is the breakdown for you according to RMLS:

New on the Market ( June 27th to July 3rd, 2016)

Address Type Price Bedrooms Bathrooms Sqft
4 TOUCHSTONE DR #108 CONDO 136,000 3 2.5 1351
219 CERVANTES CONDO 239,900 2 2 1100
1652 BONNIEBRAE DR ATTACHED 279,900 3 1.5 1303
1223 HEMLOCK ST DETACHED 422,500 2 1 748
1935 FERNWOOD DR DETACHED 515,000 4 3 2100
1935 SW REDWING CT DETACHED 549,900 4 3 2471
4920 CENTERWOOD ST DETACHED 569,000 3 3 2072
48 AQUINAS ST DETACHED 599,000 4 2 2693
17562 BLUE HERON CT DETACHED 599,950 4 3 2812
17901 STAFFORD RD DETACHED 640,000 3 2 2254
16 BECKET ST DETACHED 657,000 3 3 3203
13040 PRINCETON CT DETACHED 674,900 4 2.5 3135
32 DA VINCI ST DETACHED 679,000 5 3 3204
2063 RIDGEWOOD RD DETACHED 679,000 4 2.5 2532
5530 DUNMIRE DR DETACHED 715,000 4 3 3040
3718 RIVERS EDGE DR DETACHED 739,000 4 2.5 2512
19431 KOKANEE CT DETACHED 765,000 3 2.5 2250
17568 BLUE HERON CT DETACHED 789,000 4 3.5 3909
2484 MARYLSHIRE LN DETACHED 849,900 4 2.5 3255
2100 RIDGE POINTE DR DETACHED 875,000 5 5.5 5375
209 RIDGEWAY RD DETACHED 899,000 4 3.5 2600
151 BERWICK RD DETACHED 999,500 4 3 4387
17512 GREENBLUFF DR DETACHED 1,150,000 4 4 4033
629 5th ST DETACHED 1,385,000 4 2.5 2985
17455 RIDGEVIEW LN DETACHED 1,465,000 4 3.5 4570
13012 KNAUS RD DETACHED 1,825,000 4 3.5 4796
14733 UPLANDS DR DETACHED 2,275,000 6 5.5 7694
1455 LAKE FRONT DR DETACHED 2,695,000 4 5.5 6145

Pending Sales ( June 27th to July 3rd, 2016)

Address Type Price Bedroom Bathrooms DOM
74 GALEN ST CONDO 149,500 2 2 43
86 CERVANTES CIR #86 CONDO 158,000 2 1.5 1
14 OSWEGO SMT CONDO 165,000 2 2 6
4000 CARMAN DR #26 CONDO 189,000 2 2 3
79 OSWEGO SUMMIT #79 CONDO 199,900 2 2 3
3940 CARMAN DR CONDO 229,900 2 2.5 13
3930 CARMAN DR CONDO 229,900 2 2.5 67
16850 CORTEZ CT DETACHED 375,000 3 1.5 16
17470 HILL WAY DETACHED 398,000 3 2 4
14854 TWIN FIR RD DETACHED 415,000 3 2 19
438 ASH ST DETACHED 439,900 4 3 3
5895 BURMA RD DETACHED 440,000 4 2.5 43
18906 KRISTI WAY DETACHED 485,000 3 2 2
528 2ND ST ATTACHED 489,900 2 2.5 3
171 GREENWOOD RD DETACHED 575,000 4 2 11
19 FALSTAFF ST DETACHED 579,000 4 2.5 70
17658 BROOKHURST DR DETACHED 734,900 3 3 41
3180 WESTVIEW CIR RES-MFG 749,000 3 2.5 1
13596 STEAMSIDE DR DETACHED 758,000 4 2.5 55
13825 MELROSE PL DETACHED 765,000 5 4.5 165
12870 ELK ROCK RD DETACHED 769,000 4 3 310
348 5th ST DETACHED 875,000 3 2.5 129
3130 DOUGLAS CIR DETACHED 1,499,999 4 2.5 4
17210 CEDAR RD DETACHED 1,795,000 4 3 165

Sold/Closed ( June 27th to July 3rd, 2016)

Address Type List Price Close Price Sqft DOM
100 KERR PKWY # 37 CONDO 109,900 104,550 617 27
100 KERR PKWY #12 CONDO 115,000 113,500 617 43
65 GALEN ST CONDO 135,000 141,500 689 4
334 CERVANTES CIR ATTACHED 145,000 144,350 832 2
100 KERR PKWY #10 CONDO 150,000 149,500 823 7
3922 CARMAN DR CONDO 234,900 225,000 1137 52
4083 JEFFERSON PKWY CONDO 245,000 239,000 1210 5
241 CERVANTES CONDO 262,900 265,000 1384 0
4422 THUNDER VISTA LN CONDO 279,000 288,500 2040 61
48 EAGLE CREST DR CONDO 277,500 281,000 1550 5
11 BRITTEN CT ATTACHED 296,500 311,500 1318 3
210 S STATE ST CONDO 354,500 333,000 1614 100
19 AQUINAS ST DETACHED 479,000 497,100 2379 5
1730 YARMOUTH CIR DETACHED 519,000 514,500 1770 15
4734 LAMONT CT DETACHED 529,000 529,000 1856 1
18978 INDIAN SPRINGS RD DETACHED 529,900 529,900 2860 6
937 OAK ST DETACHED 595,000 545,000 3080 85
16545 INVERURIE RD DETACHED 569,000 606,500 2300 19
1400 HORSESHOE CURV DETACHED 679,000 679,000 2248 6
20 MONTICELLO DR DETACHED 599,900 705,000 3848 4
3560 TEMPEST DR DETACHED 675,000 705,000 2847 5
5598 LUCE LN DETACHED 798,000 790,000 3372 2
1287 BICKNER ST DETACHED 825,000 799,000 2665 6
301 IRON MOUNTAIN BLVD DETACHED 1,095,000 1,082,500 2946 32
3101 WEMBLEY PARK RD DETACHED 1,365,000 1,365,000 3820 121
1136 NORTHSHORE RD DETACHED 2,500,000 3,200,000 3698 3

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

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Seismic Retrofitting

Is-Your-Home-Ready-for-an-Earthquake-Free-Eval-and-Estimate_2As part of my continuing education I attended a class this morning put on by Zach Smith of Earthquake Tech and Gemmell Construction. Living on the West coast earthquakes are something most of us are aware of. The large quakes in California are recent enough to be remembered by most of us. The 2011 quake and Tsunami in Japan directly affected our coast line (and still does with garbage washing ashore), but for the most part it seems far away and not directly important to our lives. That changed with the publication of a New Yorker article on July 20, 2015 (“The Really Big One” by Kathryn Schulz). It brought front and center the issue that the Pacific Northwest is grossly under prepared for a major earthquake.

Some back ground is needed here. There have been 41 significant quakes (we are talking huge, like 9.0) that have happened in the Cascadia Subduction Zone off of the Oregon Coast in the last 10,000 years. The major fault in this zone is the San Juan de Fuca plate which runs from Northern California to Vancouver Island. The average occurance is every 243 years. The last quake was 9.0 on January 26, 1700. So we are now 316 years into a 243 year cycle. Of course these quakes don’t occur on a specific time schedule. This is an average. Some quakes have been many hundreds of years apart and some less than a hundred. When the next quake will occur is a complete unknown. What is known is that it will happen, we just don’t know when.

koso300So, we know it will come, but what should we do about it? There are some really basic steps that are promoted as earthquake preparedness:
* Seismically retrofit your house if it is older than about 1980. If it was built since 1980 you should still have it examined to see if there is anything more that you can do. Retrofitting should include strapping your house to it’s foundation, strapping the water heater to brace it against a secure part of the house, brace your chimney, at a minimum put a shut-off wrench next to your gas meter, or better yet, install an automatic shut off valve that will engage as soon as it detects that the house is moving.
* Get earthquake insurance. Earthquake damage is not covered in standard home insurance policies. It is a rider to the policy and must be purchased separately.
* Have a supply of water that will last for enough time to provide 1 gallon of water per day for each person in the house. Different experts suggest different times to expect utilities to be down, a few days or a few weeks, store what you can manage.
* Have a supply of non-perishable food
* Have earthquake preparedness kits in your home, your car, and your office. Don’t forget supplies for your pets.

Juan.de_.Fuca_1I think the big question is how much does it cost to retrofit a house. I was surprised this morning to learn that on average it runs $2000-$8000 for homes built from the turn of the Century to the 1970’s. The cost is dependent upon how big the house is and the condition of the foundation. If the house has a bad foundation (Zach referred to brick foundations a “standing rubble”) then the cost goes up significantly in the range of $50,000-$200,000. I felt encouraged that the average house can be done for under 10K.

I was extremely impressed with Zach’s presentation this morning. If your home is within the metro area he will come and give you an estimate at no charge. For information on Earthquake Tech click here.

I also want to give a shout out to Jay Kushner of Seismic Technologies. I have been referring clients to Jay for years. He is knowledgeable and a tremendous resource for assessment of the seismic preparedness of homes. For his information click here.

Let’s hope we never have The Big One happens in our life times, but let’s also be aware and pro-active so that if it does, we have the best chances possible for our homes and for our families.
Dianne