$975,000
SOLD AUG 17, 2023
5 Beds
3 Baths
2,870 Sq Ft
0.52 Acres

Recently Sold

$340 Per Sq Ft

8% Above List Price

Highlights

  • Spa
  • RV Access or Parking
  • Vaulted Ceiling
  • Hallinan Elementary School Rated A
  • Midcentury Modern Architecture
  • Main Floor Primary Bedroom

About This Home

As of January 2025

The opportunity of a lifetime in Lake Oswego!! This home has been loved by the same owners for 37 years and now it's your chance to make it your own. This spacious Palisades mid-century construction with open beamed architecture and plenty of windows for natural light is a dream for anyone who appreciates beautiful design and abundant sunshine.The grand floor-to-ceiling wood-burning fireplace separating the large living room and family room creates a cozy and inviting atmosphere. With an expanded floorplan, this property offers flexibility for various uses, such as accommodating multi-generational living or setting up different functional spaces to suit your needs.Moreover, the corner half-acre lot provides ample space and privacy. The large driveway ensures there's enough room for all your vehicles and toys. The oversized garage and workshop with space for 4+ vehicles, storage, and projects will undoubtedly excite any hobbyist or DIY enthusiast.The huge yard offers even more possibilities with a fenced dog run, a covered hot tub area for relaxation, and a playground for the little ones to enjoy. Being steps away from the back side of Lakeridge High School is convenient for families with students.Additionally, the fantastic neighborhood's proximity to the new aquatic center and easy access to the lake, shopping, restaurants, schools, and everything Lake Oswego has to offer makes it an ideal location.If you've been searching for the perfect place to call home, this could indeed be the opportunity of a lifetime. This cosmetic fixer offers a combination of spacious living, unique features, and the fantastic location makes it a compelling choice. Be sure to explore this property further and consider making it your own.

Last Agent to Sell the Property

Gus Sanchez

Redfin License #201218632 Listed on: 08/03/2023

Redfin

Last Buyer's Agent

Tracy Peterson

Better Homes & Gardens Realty License #930300047

Better Homes & Gardens Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,352

Year Built

  • Built in 1956

Lot Details

  • 0.52 Acre Lot
  • Dog Run
  • Corner Lot
  • Level Lot
  • Private Yard
  • Garden
  • Property is zoned R7.5

Parking

  • 4 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,870 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Wall to Wall Carpet
  • Security System Owned

Kitchen

  • Free-Standing Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance
  • Accessible Parking

Outdoor Features

  • Spa
  • Patio
  • Gazebo
  • Shed

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Palisades Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00316599

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,352

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1956
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: MidCenturyModern, Split
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Fireplace
  • Room 12 Features: CeilingFan,Fireplace
  • Room 13 Features: Bathroom
  • Room 9 Features: BayWindow
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleEntrance, GarageonMain, MainFloorBedroomBath, Parking
  • Total Bathrooms: 3.0
  • Fireplaces: 2
  • Interior Amenities: GarageDoorOpener, Laundry, VaultedCeiling, WalltoWallCarpet, WasherDryer
  • Room 4 Description: Office
  • Room 4 Level: Lower
  • Room 5 Description: _4thBedroom
  • Room 5 Level: Upper
  • Room 6 Description: _5thBedroom
  • Room 6 Level: Lower
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingRange, PlumbedForIceMaker
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt20000toAcres1
  • Other Room10 Area: 154
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 132
  • Fifth Bedroom Area: 156
  • Bedroom 6 Area: 110
  • Bedroom 7 Area: 130
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 110
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 108
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: DogRun, FreeStandingHotTub, Garden, Gazebo, Patio, RVParking, ToolShed, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Slab
  • R V Description: RVParking
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached,Oversized
  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecuritySystemOwned
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: R7.5
  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22651.0
  • Parcel #: 00316599

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6352.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jan 15, 2025
Sold by
Blue Palouse Properties Llc
Bought by
Lyons Katherine and Ninivaggio Cara
Seller's Agent
Tracy Peterson
Better Homes & Gardens Realty
Buyer's Agent
Justin Harnish
Harnish Company Realtors
List Price
$2,160,000
Sold Price
$2,160,000
Total Days on Market
0
Views
6
Current Estimated Value
$2,039,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,595
Avg. Annual Appreciation
-8.80%
Original Mortgage
$1,728,000
Outstanding Balance
$1,722,170
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$332,971

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 15, 2023
Sold by
Chapman Russell L and Chapman Sandie J
Bought by
Blue Palouse Properties Llc
Seller's Agent
Gus Sanchez
Redfin
Buyer's Agent
Tracy Peterson
Better Homes & Gardens Realty
List Price
$899,900
Sold Price
$975,000
Premium/Discount to List
$75,100
8.35%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.10%

Purchase Details

Closed on
Sep 1, 1986
Bought by
Chapman Russell L and Chapman Sandie J
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 Type Sale Price Title Company
Warranty Deed $2,160,000 Lawyers Title
Warranty Deed $2,160,000 Lawyers Title
Warranty Deed $975,000 None Listed On Document
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,728,000 New Conventional
Closed $1,728,000 New Conventional
Previous Owner $1,438,500 Construction
Previous Owner $200,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $107,000 Credit Line Revolving
Previous Owner $199,900 Credit Line Revolving
Previous Owner $230,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $2,160,000 0.0% $538 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $2,160,000 +121.5% $538 / Sq Ft
08/17/2023 08/17/23 Sold $975,000 +8.3% $340 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $899,900 -- $314 / 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 $6,745 $340,125 $0 $0
2022 $6,352 $330,219 $0 $0
2021 $5,867 $320,601 $0 $0
2020 $5,720 $311,264 $0 $0
2019 $5,579 $302,199 $0 $0
2018 $5,306 $293,397 $0 $0
2017 $5,119 $284,851 $0 $0
2016 $4,661 $276,554 $0 $0
2015 $4,503 $268,499 $0 $0
2014 $4,445 $260,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23559013

Regional Multiple Listing Service (RMLS)

APN: 00316599