NOT LISTED FOR SALE

Estimated Value: $2,788,000 - $3,074,000

5 Beds
5 Baths
4,715 Sq Ft
$621/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $2,815,000 $597 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $18,126/month

39 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Built-In Refrigerator
  • Lakeridge Middle School Rated A
  • View of Trees or Woods
  • 0.55 Acre Lot

About This Home

As of October 2024

Welcome to exquisite new construction in the prestigious Blue Heron neighborhood of Lake Oswego. Nestled in a tranquil, natural setting, this contemporary masterpiece by MDR Construction and Development epitomizes luxury and sophistication with an award-winning floorplan by Alan Mascord Design Associates. Celebrated in the 2015 Street of Dreams, the design has been meticulously refined to blend modern elegance with timeless elegance. Step inside to wide-plank white oak floors and custom steel railings that set the tone for the home's sleek aesthetic. The heart of this residence, the open-plan kitchen and living room, features gorgeous custom cabinetry, pristine quartz countertops, and top-of-the-line appliances, including a 60” Wolf range and SubZero refrigerator. The living area, with its soaring stacked stone fireplace and Hudson Valley Orbit Chandelier, seamlessly transitions to a covered outdoor space through La Cantina folding doors, perfect for year-round entertaining. With luxurious features such as a main-floor guest suite with a spa-like bath, a home gym with a sauna, and an executive office, this home caters to every aspect of modern living. Upstairs, the serene primary suite offers a spa-like retreat, complete with a freestanding tub, dual vanities, and a spacious walk-in closet. A bonus room with a wet bar and access to a rooftop deck provides an ideal setting for gathering with friends and family. Located just minutes from downtown Lake Oswego and top-rated schools, with access to Oswego Lake via the nearby Blue Heron and Lakeview Recreation Club easements, this home offers the ultimate in iconic LO living.

Last Agent to Sell the Property

Terry Sprague

LUXE Forbes Global Properties License #200509281 Listed on: 07/24/2024

Last Buyer's Agent

Terry Sprague

LUXE Forbes Global Properties License #200509281 Listed on: 07/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,326

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.55 Acre Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Woods
  • Territorial

Home Design

  • Custom Home
  • Composition Roof
  • Cedar
  • Wood Composite

Interior Spaces

  • 4,715 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Crawl Space
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Butlers Pantry
  • Free-Standing Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00325721

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,326

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2023
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: Yes
  • New Construction Permit Number: 499-21-001529-DWL
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, CustomStyle
  • New Construction: Yes
  • Property Attached Yn: No
  • Current Price For Status: 2815000.0
  • Open House: No
  • Room 10 Features: Fireplace,HardwoodFloors
  • Room 11 Features: BuiltinRefrigerator,Dishwasher,GasAppliances,Island
  • Room 9 Features: HardwoodFloors,KitchenDiningRoomCombo,Patio
  • Special Features: NewHome

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 3.2
  • Fireplaces: 2
  • Interior Amenities: HardwoodFloors, HighCeilings, Laundry, SoakingTub, TileFloor, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Room 5 Description: BonusRoom
  • Room 5 Level: Upper
  • Room 6 Description: Office
  • Room 6 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinRefrigerator, ButlersPantry, Dishwasher, Disposal, ENERGYSTARQualifiedAppliances, FreeStandingGasRange, GasAppliances, Island, Microwave, Pantry, Quartz, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsPartialUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 2.1
  • Lot Size Range: SqFt20000toAcres1
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,WoodComposite
  • Exterior Features: BuiltinBarbecue, CoveredPatio, Deck, OutdoorFireplace, Patio, Sprinkler, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: Yes
  • Lot Features: Level, Private, Sloped, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial,TreesWoods

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
  • Security: FireSprinklerSystem
  • Cooling: EnergyStarAirConditioning
  • 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: Westridge
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 00325721

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 33325.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Oct 17, 2024
Sold by
Richard Tracey F
Bought by
Marca Daniel S and Marca Cindy
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Terry Sprague
LUXE Forbes Global Properties
List Price
$3,149,900
Sold Price
$2,815,000
Premium/Discount to List
-$334,900
-10.63%
Views
23
Current Estimated Value
$2,926,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,459
Avg. Annual Appreciation
3.59%
Original Mortgage
$2,000,000
Outstanding Balance
$1,911,485
Interest Rate
5.47%
Mortgage Type
New Conventional
Estimated Equity
$1,014,974

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 8, 2020
Sold by
Chisholm Eilo Sarvanto Irmeli
Bought by
Richard Tracey F
Seller's Agent
John Nieland
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Laura Piccard
Cascade Hasson Sotheby's International Realty
List Price
$625,000
Sold Price
$569,000
Premium/Discount to List
-$56,000
-8.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.70%

Purchase Details

Closed on
Nov 14, 2006
Sold by
Chisholm Catherine L and Chisholm Douglas L
Bought by
Chisholm Eila Sarvanto Irmeli
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marca Daniel S $2,815,000 None Listed On Document
Richard Tracey F $569,000 First American
Chisholm Eila Sarvanto Irmeli -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marca Daniel S $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $2,815,000 -10.6% $597 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $3,149,900 +453.6% $668 / Sq Ft
10/09/2020 10/09/20 Sold $569,000 -9.0% -- View Prior Sale
09/26/2020 09/26/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $625,000 -- --
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
2025 $32,604 $1,697,765 -- --
2024 $31,735 $1,648,316 -- --
2023 $31,735 $1,731,409 $0 $0
2022 $2,584 $134,305 $0 $0
2021 $2,386 $130,394 $0 $0
2020 $2,326 $126,597 $0 $0
2019 $2,269 $122,910 $0 $0
2018 $2,158 $119,330 $0 $0
2017 $2,082 $115,854 $0 $0
2016 $1,896 $112,480 $0 $0
2015 $1,831 $109,204 $0 $0
2014 $1,808 $106,023 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24000618

Regional Multiple Listing Service (RMLS)

APN: 00325721