Seller's Agent in 2024
Kim Kress
Eleete Real Estate
(503) 860-6254
1 in this area
48 Total Sales
1237 Lake Front Rd Lake Oswego, OR 97034
McVey-South Shore NeighborhoodEstimated Value: $2,398,000 - $2,857,000
3
Beds
3
Baths
3,378
Sq Ft
$807/Sq Ft
Est. Value
Highlights
- Boathouse
- Lake Front
- Docks
- Hallinan Elementary School Rated A
- Community Boat Slip
- Custom Home
About This Home
As of September 2024Step in to a 180 degree lake view! Iconic home in a coveted waterfront neighborhood. Main level ensuite with lake view. Last remodel 2015, includes greenhouse overhead windows to the sky, and reflective protected wall of windows. This unique home was once featured in Sunset Magazine. German stained glass window flanks the entry, while a Serpentine wall greets inside. The cozy high end kitchen has custom walnut cabinets, and stainless galore. There's a second ensuite on the lower level. Wall off a downstairs space for a 3rd bedroom option. Opportunities await! Many entertaining areas. The glass enclosed patio overlooks terraces and a meandering stone path, to the lake. Entertain waterside on the massive dock. Aqua boat lift. Lake irrigation water rights. A resort lifestyle you'll love! Time for water toys and a cocktail cruise to dinner!
Last Agent to Sell the Property
Eleete Real Estate License #940900101 Listed on: 07/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,745
Year Built
- Built in 1955
Lot Details
- 6,534 Sq Ft Lot
- Lake Front
- Terraced Lot
- Sprinkler System
- Private Yard
- Property is zoned R-7.5
HOA Fees
- $246 Monthly HOA Fees
Parking
- 2 Car Garage
- Carport
- On-Street Parking
Home Design
- Custom Home
- Contemporary Architecture
- Brick Exterior Construction
- Built-Up Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,378 Sq Ft Home
- 2-Story Property
- Skylights
- 2 Fireplaces
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Lake Views
- Security System Leased
Kitchen
- Built-In Convection Oven
- Built-In Range
- Range Hood
- Built-In Refrigerator
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Quartz Countertops
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Laundry
- Laundry Room
- Washer and Dryer
Finished Basement
- Exterior Basement Entry
- Natural lighting in basement
Accessible Home Design
- Accessibility Features
- Accessible Parking
Outdoor Features
- Boathouse
- Docks
- Patio
Schools
- Hallinan Elementary School
- Lakeridge Middle School
- Lakeridge High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Gas
- Heat Pump System
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 00259936
Community Details
Overview
- $7,500 One-Time Secondary Association Fee
- Lake Oswego Corporation Association, Phone Number (503) 636-1422
- Waterfront Subdivision
Recreation
- Community Boat Slip
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2024
Closed on
Aug 24, 2024
Sold by
Ellen Ann Schmidt Revocable Trust and Schmidt Ellen Ann
Bought by
Schembari James and Negroni Lode
Seller's Agent
Kim Kress
Eleete Real Estate
Buyer's Agent
Jarrett Altman
Neighborhood Works
List Price
$2,795,000
Sold Price
$2,769,000
Premium/Discount to List
-$26,000
-0.93%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,967
Avg. Annual Appreciation
-1.36%
Original Mortgage
$800,000
Outstanding Balance
$790,034
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,934,999
Purchase Details
Closed on
Feb 9, 2016
Sold by
Schmidt Ellen A and Brooks Ellen A
Bought by
Schmidt Ellen Ann and Ellen Ann Schmidt Revocable Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schembari James | $2,769,000 | Fidelity National Title | |
| Schmidt Ellen Ann | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schembari James | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2024 09/03/24 | Sold | $2,769,000 | -0.9% | $820 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 07/01/2024 07/01/24 | For Sale | $2,795,000 | -- | $827 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $23,524 | $1,227,645 | -- | -- |
| 2024 | $22,403 | $1,166,186 | -- | -- |
| 2023 | $22,403 | $1,132,220 | $0 | $0 |
| 2022 | $21,100 | $1,099,243 | $0 | $0 |
| 2021 | $19,486 | $1,067,227 | $0 | $0 |
| 2020 | $18,997 | $1,036,143 | $0 | $0 |
| 2019 | $18,529 | $1,005,965 | $0 | $0 |
| 2018 | $17,620 | $976,665 | $0 | $0 |
| 2017 | $16,821 | $938,135 | $0 | $0 |
| 2016 | $15,311 | $910,811 | $0 | $0 |
| 2015 | $13,950 | $833,888 | $0 | $0 |
| 2014 | $13,770 | $809,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Kress
-
Jarrett Altman
Buyer's Agent in 2024
Jarrett Altman
Neighborhood Works
(503) 407-4200
1 in this area
116 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24623240
APN: 00259936
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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