NOT LISTED FOR SALE

2020 Summit Dr Lake Oswego, OR 97034

Lakeview-Summit Neighborhood

Estimated Value: $2,315,000 - $5,044,000

3 Beds
3 Baths
1,740 Sq Ft
$2,077/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $2,900,000 $1,667 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $24,335/month

About This Home

As of December 2019

Fabulous opportunity. This 1.2 acre high-bank lakefront property has not been available since the original mid-century ranch was built in 1957. The home is a gem and could be renovated or the R15 zoned land could afford the new owner a large estate-type new construction or potentially two very buildable, greater than half-acre lakefront parcels with-in the jurisdiction guidelines.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Dec 5, 2019
Sold by
Fisher Judith A and Fisher Family Trust
Bought by
Winquist Eric S and Winquist Margo T
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Laura Martin
Cascade Hasson Sotheby's International Realty
List Price
$3,000,000
Sold Price
$2,900,000
Premium/Discount to List
-$100,000
-3.33%
Current Estimated Value
$3,614,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,084
Avg. Annual Appreciation
2.38%
Original Mortgage
$1,600,000
Outstanding Balance
$1,388,934
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,931,922

Purchase Details

Closed on
Jun 19, 2018
Sold by
Fishewr John L and Fishewr Judith L
Bought by
Fisher John L and Fisher Judith A

Purchase Details

Closed on
May 11, 1999
Sold by
Bank Of America
Bought by
Fisher John L and Fisher Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Winquist Eric S $2,900,000 Fidelity National Ttl Of Or
Fisher John L -- None Available
Fisher John L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winquist Eric S $1,600,000
Previous Owner Fisher John L $938,250
Previous Owner Fisher John L $360,000
Previous Owner Fisher John L $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $2,900,000 -3.3% $1,667 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $3,000,000 -- $1,724 / Sq Ft

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
2024 $60,285 $3,131,220 -- --
2023 $60,285 $3,040,020 $0 $0
2022 $44,767 $2,327,141 $0 $0
2021 $25,174 $1,375,576 $0 $0
2020 $21,685 $1,180,042 $0 $0
2019 $21,151 $1,145,672 $0 $0
2018 $20,114 $1,112,303 $0 $0
2017 $19,408 $1,079,906 $0 $0
2016 $17,669 $1,048,452 $0 $0
2015 $17,071 $1,017,915 $0 $0
2014 $16,850 $988,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Sprague

    Seller's Agent in 2019

    Terry Sprague

    LUXE Forbes Global Properties

    (503) 459-3987

    8 in this area

    175 Total Sales

    Terry Sprague
    Section Image
  • Laura Martin

    Buyer's Agent in 2019

    Laura Martin

    Cascade Hasson Sotheby's International Realty

    (503) 939-7810

    17 Total Sales

    Laura Martin
    Section Image
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Map

Oregon Clackamas County Lake Oswego 97034 Lakeview-Summit

2020 Summit Dr, Lake Oswego, OR

This home is located at 2020 Summit Dr, Lake Oswego, OR 97034 and is currently estimated at $3,614,084, approximately $2,077 per square foot. 2020 Summit Dr is a home located in Clackamas County with nearby schools including Lake Grove Elementary School, Lake Oswego Junior High School, and Lake Oswego Senior High School.

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.

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