$5,500,000
SOLD JUL 10, 2024

1007 Lake Front Rd Lake Oswego, OR 97034

McVey-South Shore Neighborhood
4 Beds
4 Baths
4,342 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$1,267 Per Sq Ft

48 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Spa
  • Hallinan Elementary School Rated A
  • Docks
  • Custom Home

About This Home

As of July 2024

Experience the epitome of lakeside luxury living in this contemporary masterpiece nestled on the Oswego Lake. Crafted by the esteemed duo of John Tercek and Curt Olsen, this residence offers a harmonious blend of sophistication and comfort. From the seamless indoor-outdoor living spaces to the exquisite craftsmanship, every detail exudes elegance. Enjoy breathtaking views of the lake and captivating sunsets from the spacious main floor living area and step outside to the expansive patio with a minimalist pool and serene water feature, perfect for al fresco gatherings. Retreat to the tranquil primary suite with floor-to-ceiling windows, Venetian plaster walls, and a luxurious ensuite bath. With an elevator serving all floors, boat house with rooftop deck, and proximity to amenities, this is refined lakeside living at its finest.

Last Agent to Sell the Property

Terry Sprague

LUXE Forbes Global Properties License #200509281

Last Buyer's Agent

Patrick Clark

Inhabit Real Estate License #200303117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,280

Year Built

  • Built in 2012

Lot Details

  • 8,276 Sq Ft Lot
  • Lake Front
  • Level Lot
  • Property is zoned R-7.5

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,342 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Lake Views
  • Finished Basement

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Security Lights

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Deck
  • Patio
  • Outdoor Water Feature
  • Fire Pit
  • Built-In Barbecue
  • Porch

Schools

  • Hallinan Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00265616

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,280

Year Built

Built in 2012

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 2012
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Contemporary, CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: BuiltinRefrigerator,EatingArea,GreatRoom,HardwoodFloors,Island,Microwave
  • Room 12 Features: BuiltinFeatures,Fireplace,GreatRoom,HardwoodFloors,Patio
  • Room 13 Features: CeilingFan,HardwoodFloors
  • Room 9 Features: HardwoodFloors,Patio
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 4.0
  • Fireplaces: 1
  • Interior Amenities: Floor3rd, Elevator, GarageDoorOpener, HardwoodFloors, HighCeilings, Laundry, Quartz, SoakingTub, SoundSystem, WalltoWallCarpet, WasherDryer, WoodFloors
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: Storage
  • Room 5 Level: Lower
  • Room 6 Description: Office
  • Room 6 Features: BuiltinFeatures,HardwoodFloors
  • Room 6 Level: Main
  • Basement: Finished
  • Appliances: BuiltinOven, BuiltinRange, BuiltinRefrigerator, Dishwasher, Disposal, GasAppliances, Island, Microwave, Quartz, StainlessSteelAppliance, Tile
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 3
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 3.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 154
  • Fifth Bedroom Area: 280
  • Bedroom 6 Area: 110
  • Bedroom 7 Area: 121
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 240
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 99
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Stone,WoodSiding
  • Exterior Features: BoatHouse, BuiltinBarbecue, BuiltinHotTub, Deck, Dock, FirePit, GasHookup, InGroundPool, Patio, Porch, SecurityLights, WaterFeature
  • Lot Size: 7,000 to 9,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Level
  • Water Body Name: Oswego Lake
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: Lake

Garage/Parking

  • Garage Type: Attached,StackerParking
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tankless
  • Security: SecuritySystem
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hallinan
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge

Lot Info

  • Zoning: R-7.5
  • Land Lease: No
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 00265616

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 46280.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 9, 2024
Sold by
Rafael And Carmen Martinez Family Trust and Martinez Rafael
Bought by
007 Fun Factory Llc
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Patrick Clark
Inhabit Real Estate
List Price
$5,500,000
Sold Price
$5,500,000
Total Days on Market
48
Views
45
Current Estimated Value
$5,313,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$186,565
Avg. Annual Appreciation
-1.08%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Grigg David Donald
Bought by
Martinez Rafael and Martinez Carmen

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,500,000 Chicago Title
Warranty Deed $758,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $5,500,000 0.0% $1,267 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $5,500,000 -- $1,267 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $47,681 $2,409,679 $0 $0
2022 $44,907 $2,339,495 $0 $0
2021 $40,391 $2,212,137 $0 $0
2020 $39,376 $2,147,706 $0 $0
2019 $38,408 $2,085,152 $0 $0
2018 $36,523 $2,024,419 $0 $0
2017 $35,241 $1,965,455 $0 $0
2016 $32,079 $1,908,209 $0 $0
2015 $30,992 $1,852,630 $0 $0
2014 $30,592 $1,798,670 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24440505

Regional Multiple Listing Service (RMLS)

APN: 00265616

Oregon Clackamas County Lake Oswego 97034 McVey-South Shore

1007 Lake Front Rd, Lake Oswego, OR

Homes for Sale in Lake Oswego, OR

This home is located at 1007 Lake Front Rd, Lake Oswego, OR 97034 and is currently priced at $5,500,000, approximately $1,266 per square foot. This property was built in 2012. 1007 Lake Front Rd is a home located in Clackamas County with nearby schools including Hallinan Elementary School, Lakeridge Middle School, and Lakeridge High School.

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