NOT LISTED FOR SALE

Estimated Value: $791,697

4 Beds
2 Baths
2,014 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $698,000 $347 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,556/month

93 Days on Market

Highlights

  • RV Access or Parking
  • View of Trees or Woods
  • Contemporary Architecture
  • River Grove Elementary School Rated A+
  • 0.47 Acre Lot
  • Wood Flooring

About This Home

As of November 2023

Adorable Fully Updated 1948 Cottage on Nearly Half an Acre in Unincorporated Lake Oswego! Main Floor Bedroom & Bathroom + Three Bedrooms & Bathroom Upstairs. Savor the details of the past with the oversized fireplace and amazing picture windows throughout the main level. An open floorplan flows to the large dining area and into the modern, fully equipped kitchen. The main floor Bonus Room flexes to offer laundry + family room or office. This home has been lovingly updated by long-time owners with new paint inside & out, new light fixtures, a robust ductless mini-split system for energy efficient heating and cooling + many brand new windows. New water line & New plumbing. This .47 acre double lot is full of possibility with no HOA or city regulations to hamper your creativity.Highly Rated Lake Oswego Schools: River Grove Elem, Lakeridge Middle & Lakeridge High.

Last Listed By

Lindsay Borg

Oregon First License #201209089 Listed on: 07/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 72 x 280
  • Fenced
  • Level Lot
  • Landscaped with Trees
  • Private Yard
  • Property is zoned R10

Home Design

  • Contemporary Architecture
  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,014 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Parking

  • Driveway
  • RV Access or Parking

Accessible Home Design

  • Accessibility Features
  • Minimal Steps
  • Accessible Parking

Outdoor Features

  • Patio

Schools

  • River Grove Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00229899

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,015

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1948
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Contemporary, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MainFloorBedroomBath, MinimalSteps, NaturalLighting, Parking, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, Laundry
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames, WoodFrames
  • Appliances: BuiltinOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, Granite, Island, Microwave, PlumbedForIceMaker, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt20000toAcres1
  • Other Room10 Area: 221
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 156
  • Bedroom 7 Area: 228
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 156
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 135
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Fenced, Patio, PublicRoad, RVParking, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Slab
  • R V Description: RVParking
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: Ductless, HeatPump, MiniSplit
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: River Grove
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge

Lot Info

  • Farm: No
  • Zoning: R10
  • Lot Size Acres: 0.47
  • Lot Size: 72 x 280
  • Lot Size Sq Ft: 20473.0
  • Parcel #: 00229899

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4015.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Nov 15, 2023
Sold by
Erickson Abram
Bought by
Louw Patrick B and Louw Janine
Seller's Agent
Lindsay Borg
Oregon First
Buyer's Agent
Kelsie Hopkins Pfeif
Premiere Property Group, LLC
List Price
$765,000
Sold Price
$698,000
Premium/Discount to List
-$67,000
-8.76%
Total Days on Market
93
Views
147
Current Estimated Value
$791,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,697
Avg. Annual Appreciation
6.28%
Original Mortgage
$684,523
Outstanding Balance
$677,652
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$86,188

Purchase Details

Closed on
May 24, 2021
Sold by
Erickson Abram
Bought by
Erickson Abram and Erickson Kelsha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2008
Sold by
Nylund Sven J
Bought by
Erickson Abram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 3, 2007
Sold by
Nylund Sven J
Bought by
Nylund Sven J and Erickson Abram

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 Buyer Sale Price Title Company
Louw Patrick B $698,000 Ticor Title
Erickson Abram -- Servicelink
Erickson Abram -- Lawyers Title Ins
Nylund Sven J -- Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louw Patrick B $684,523
Previous Owner Erickson Abram $139,000
Previous Owner Erickson Abram $478,400
Previous Owner Erickson Abram $140,000
Previous Owner Erickson Abram $240,367
Previous Owner Erickson Abram $345,600
Previous Owner Erickson Abram $215,000
Previous Owner Erickson Abram $387,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $698,000 -5.0% $347 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/14/2023 10/14/23 Price Changed $735,000 -3.9% $365 / Sq Ft
10/06/2023 10/06/23 For Sale $765,000 0.0% $380 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $765,000 -4.4% $380 / Sq Ft
09/08/2023 09/08/23 Price Changed $799,900 -3.6% $397 / Sq Ft
08/04/2023 08/04/23 Price Changed $829,900 -2.4% $412 / Sq Ft
07/27/2023 07/27/23 For Sale $849,900 -- $422 / 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 $4,256 $237,267 $0 $0
2022 $4,015 $230,357 $0 $0
2021 $3,680 $223,648 $0 $0
2020 $3,587 $217,134 $0 $0
2019 $3,499 $210,810 $0 $0
2018 $3,366 $204,670 $0 $0
2017 $3,244 $198,709 $0 $0
2016 $2,922 $192,921 $0 $0
2015 $2,814 $187,302 $0 $0
2014 $2,774 $181,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23363651

Regional Multiple Listing Service (RMLS)

APN: 00229899