NOT LISTED FOR SALE

Estimated Value: $1,786,000 - $2,327,057

5 Beds
4 Baths
4,008 Sq Ft
$536/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $2,275,000 $568 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,718/month

15 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Built-In Refrigerator
  • Westridge Elementary School Rated A+
  • Heated Floors
  • Seasonal View

About This Home

As of July 2023

Stunning contemporary arts and crafts influenced home in highly sought after Lake Oswego community. Boasting an impressive 4008 square feet of living space, this luxurious residence offers 5 spacious bedrooms and 4 beautifully designed bathrooms. Step inside and be greeted by an open and intimate floorplan, featuring a double-sided brick fireplace, beautiful hardwoods, soring high ceilings with tongue and groove, expansive dark paned windows and exquisite mix of metal, wood & gold finishes. The gourmet kitchen is chef's dream, complete with top-of-the-line appliances, custom cabinetry, large island for entertaining and walk in butlers pantry-mud room for additional prep and storage. Relax and unwind in the inviting great room, complete with cozy fireplace and covered outdoor living with a fireplace and privacy. The master suite is a true oasis, featuring a spa-like bathroom, large closet with extensive built ins and extensive windows to bring in the light. Main level office and bedroom create an additional functional work-live space. Not to mention the additional living quarters downstairs, complete with bedroom, bath and covered outdoor living off bonus. Enjoy the serene and private setting with a balance of covered outdoor patios, grass, walking paths, lake easement and ample space for entertaining on multiple levels. This home is truly a masterpiece, offering the perfect balance of modern luxury and timeless arts & crafts impressionistic style. Don't miss the chance to own this exceptional property in Lake Oswego.

Last Listed By

Tracy Peterson

Better Homes & Gardens Realty License #930300047 Listed on: 05/29/2023

Better Homes & Gardens Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Fenced
  • Landscaped with Trees
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Composition Roof
  • Board and Batten Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 4,008 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Seasonal Views
  • Smart Home
  • Laundry Room
  • Finished Basement

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Smart Appliances
  • Kitchen Island
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Smart Irrigation
  • On Site Stormwater Management

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Schools

  • Westridge Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Palisades Subdivision

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 05038118

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Warranty: BuilderWarranty
  • Year Built: 2023
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: Yes
  • New Construction Permit Number: city of Lake Oswego
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CustomStyle, NWContemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: BuiltinFeatures,Fireplace,GreatRoom,SlidingDoors
  • Room 11 Features: BuiltinFeatures,Island
  • Room 13 Features: BuiltinFeatures,CeilingFan
  • Room 7 Features: BuiltinFeatures
  • Room 8 Features: BuiltinFeatures
  • Room 9 Features: BuiltinFeatures,HardwoodFloors
  • Special Features: 4098

Interior Features

  • Total Bathrooms: 4.0
  • Fireplaces: 2
  • Interior Amenities: CeilingFan, EngineeredHardwood, GarageDoorOpener, HeatedTileFloor, HighCeilings, Laundry, Quartz, SmartAppliance, SmartHome, SoakingTub, Sprinkler, TileFloor, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: Den
  • Room 4 Features: BuiltinFeatures
  • Room 4 Level: Main
  • Room 5 Description: BonusRoom
  • Room 5 Features: BuiltinFeatures,FrenchDoors
  • Room 5 Level: Upper
  • Room 6 Description: _4thBedroom
  • Room 6 Features: BuiltinFeatures,FrenchDoors
  • Room 6 Level: Main
  • Basement: Finished
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinRange, BuiltinRefrigerator, ButlersPantry, Dishwasher, Disposal, GasAppliances, IndoorGrill, Island, Microwave, Pantry, Quartz, RangeHood, StainlessSteelAppliance, Tile, WineCooler
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt20000toAcres1
  • Other Room10 Area: 294
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 154
  • Fifth Bedroom Area: 143
  • Bedroom 6 Area: 54
  • Bedroom 7 Area: 168
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 154
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 176
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: BoardBattenSiding,Cedar,Stone
  • Exterior Features: CoveredPatio, Fenced, GasHookup, OnSiteStormwaterManagement, OutdoorFireplace, Patio, Porch, PrivateRoad, SmartIrrigation, Sprinkler, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Private, Seasonal, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tankless
  • Internet Service Type: Other,Wireless
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ENERGYSTARQualifiedEquipment, ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.0
  • Parcel #: 05038118

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1502.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2023
Closed on
Jul 13, 2023
Sold by
Blue Palouse Properties Llc
Bought by
Frank David and Frank Jeni
Seller's Agent
Tracy Peterson
Better Homes & Gardens Realty
Buyer's Agent
Adrian Olmstead
Cascade Hasson Sotheby's International Realty
List Price
$2,324,900
Sold Price
$2,275,000
Premium/Discount to List
-$49,900
-2.15%
Total Days on Market
15
Views
27
Current Estimated Value
$2,147,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,236
Avg. Annual Appreciation
-3.06%
Original Mortgage
$1,075,000
Outstanding Balance
$1,054,584
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,093,180

Range of Values:

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Average Value
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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
Frank David $2,275,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank David $1,075,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $2,275,000 -2.1% $568 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/29/2023 05/29/23 For Sale $2,324,900 -- $580 / 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 $21,031 $550,536 $0 $0
2022 $1,503 $78,119 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23076827

Regional Multiple Listing Service (RMLS)

APN: 05038118