NOT LISTED FOR SALE

1159 Lake Front Rd Lake Oswego, OR 97034

McVey-South Shore Neighborhood

Estimated Value: $2,329,000 - $2,773,000

5 Beds
4 Baths
3,756 Sq Ft
$682/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $1,675,000 $446 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $16,337/month

10 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Docks
  • Hallinan Elementary School Rated A
  • Community Boat Slip
  • Deck

About This Home

As of January 2020

Incredible opportunity to get onto Oswego's Main Lake for under $2M! The potential is endless with this 2 level light and bright property w/westerly Lake views. Master suite, 2 guest bed & bath on main. Daylight basement has 2 full baths, tall ceilings, family room & bonus area/separate living quarters. Circular driveway/parking area, large terraced deck, plumbing and electricity in the boathouse and a big swimming area.

Last Agent to Sell the Property

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 12/09/2019

Co-Listed By

Errol Bradley

Harnish Company Realtors License #200505082

Last Buyer's Agent

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 12/09/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,389

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lake Front
  • Private Lot
  • Level Lot

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 3,756 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Lake Views

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Boathouse
  • Docks
  • Deck

Schools

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

Utilities

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

Additional Features

  • Accessibility Features
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Assessor Parcel Number 00259892

Community Details

Overview

  • $7,500 One-Time Secondary Association Fee
  • Lake Corporation Association, Phone Number (503) 636-1422
  • Oswego Lake Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,389

Year Built

Built in 1955

Lot Details

0

HOA Fees

$208 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1955
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Ranch, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Fireplace
  • Room 11 Features: Deck,ExteriorEntry,Pantry
  • Room 12 Features: Fireplace,HardwoodFloors
  • Room 13 Features: Deck,HardwoodFloors
  • Room 7 Features: HardwoodFloors
  • Room 8 Features: HardwoodFloors
  • Room 9 Features: Deck,ExteriorEntry
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: GarageonMain
  • Total Bathrooms: 4.0
  • Fireplaces: 2
  • Interior Amenities: CentralVacuum, HardwoodFloors, SeparateLivingQuartersApartmentAuxLivingUnit, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Lower
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Lower
  • Room 6 Description: BonusRoom
  • Room 6 Level: Lower
  • Appliances: Dishwasher, DoubleOven, FreeStandingRefrigerator, GasAppliances, InstantHotWater
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas, WoodBurning
  • Fireplace: Yes
  • Association Contact: Jeff Ward
  • BathroomsFullLowerLevel: 2
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 2.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Other Room10 Area: 294
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 80
  • Fifth Bedroom Area: 182
  • Bedroom 6 Area: 210
  • Bedroom 7 Area: 176
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 121
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 143
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,Cedar
  • Exterior Features: BoatHouse, Deck, Dock
  • Lot Size: 7,000 to 9,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Level, Private
  • Water Body Name: Oswego Lake
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Other
  • View: Lake

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Amenities: BoatSlip
  • Senior Community: No
  • Association #2 Fee: 7500.0
  • Association #2 Fee Frequency: OneTime
  • Association Fee: 2493.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Corporation
  • Phone: 503-636-1422
  • Association: Yes
  • Association Email: Jeff.Ward@lakecorp.com

Association/Amenities

  • AssociationAddress: McVey
  • AssociationPendingLitigationYN: Yes
  • AssociationStatus: Active

Schools

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 00259892

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 19388.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Dec 9, 2019
Sold by
Sacco Mark and Sacco Living Trust
Bought by
Laporte Marvin
Seller's Agent
Justin Harnish
Harnish Company Realtors
Buyer's Agent
Justin Harnish
Harnish Company Realtors
List Price
$1,848,800
Sold Price
$1,675,000
Premium/Discount to List
-$173,800
-9.4%
Current Estimated Value
$2,560,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,881
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Jan 16, 2003
Sold by
Sacco Russell N and Sacco Elizabeth L
Bought by
Sacco Russell N and Sacco Elizabeth L

Purchase Details

Closed on
Jul 1, 1987
Bought by
Sacco Russell N Trustee
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Laporte Marvin $1,675,000 Wfg Title
Sacco Russell N -- --
Sacco Russell N Trustee $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sacco Russell N $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $1,675,000 -9.4% $446 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $1,848,800 -- $492 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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 $24,652 $1,245,873 $0 $0
2022 $23,218 $1,209,586 $0 $0
2021 $21,442 $1,174,356 $0 $0
2020 $20,904 $1,140,152 $0 $0
2019 $20,389 $1,106,944 $0 $0
2018 $19,389 $1,074,703 $0 $0
2017 $18,708 $1,043,401 $0 $0
2016 $17,030 $1,013,011 $0 $0
2015 $16,452 $983,506 $0 $0
2014 $16,240 $954,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Harnish

    Seller's Agent in 2020

    Justin Harnish

    Harnish Company Realtors

    (503) 699-8483

    13 in this area

    324 Total Sales

    Justin Harnish
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Errol Bradley

    Harnish Company Realtors

    (503) 807-1460

    12 in this area

    232 Total Sales

    Errol Bradley
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19136579

Regional Multiple Listing Service (RMLS)

APN: 00259892

Oregon Clackamas County Lake Oswego 97034 McVey-South Shore

1159 Lake Front Rd, Lake Oswego, OR

This home is located at 1159 Lake Front Rd, Lake Oswego, OR 97034 since 09 December 2019 and is currently estimated at $2,560,881, approximately $681 per square foot. This property was built in 1955. 1159 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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