$5,800,000
SOLD NOV 29, 2021
4 Beds
7 Baths
8,259 Sq Ft
1.38 Acres

Recently Sold

$702 Per Sq Ft

17% Below List Price

91 Days on Market

Highlights

  • Home Theater
  • Private Pool
  • Outdoor Fireplace
  • Forest Hills Elementary School Rated A
  • Heated Floors
  • High Ceiling

About This Home

As of August 2022

One of Lake Oswego's most iconic properties with unbeatable views of Mt Hood and Oswego Lake. This contemporary Dutch Colonial has been completely renovated top to bottom with premium designer finishes and features over 25 Carrara marble slabs throughout. Spacious open floor plan with 4 bedroom suites, 4 car garage, glass wine room, infrared sauna, home gym, and theater. Features 93ft saltwater infinity-edge pool and Control 4 home automation system. Close to OLCC Golf and Uplands Lake Easement.

Last Agent to Sell the Property

Matthew Tercek

Real Broker License #201210228 Listed on: 06/07/2021

Real Broker

Last Buyer's Agent

Matthew Tercek

Real Broker License #201210228 Listed on: 06/07/2021

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,355

Year Built

  • Built in 2005

Lot Details

  • Level Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned R-10

Parking

  • Attached Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Soaking Tub
  • 3-Story Property
  • Central Vacuum
  • Sound System
  • High Ceiling
  • 4 Fireplaces
  • Double Pane Windows
  • Wood Frame Window
  • Home Theater
  • First Floor Utility Room
  • Finished Basement
  • Natural lighting in basement
  • Smart Appliances
  • Property Views

Flooring

  • Wood
  • Heated Floors
  • Marble

Home Security

  • Security System Owned
  • Smart Lights or Controls
  • Security Lights

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Outdoor Fireplace

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Air Cleaner

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,355

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Dutch Colonial, Custom Style
  • Sq Ft Calculated: 7073
  • Sq Ft Approximate Total: 8259
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 2005
  • Property Condition: Resale
  • Remarks Public: One of Lake Oswego's most iconic properties with unbeatable views of Mt Hood and Oswego Lake. This contemporary Dutch Colonial has been completely renovated top to bottom with premium designer finishes and features over 25 Carrara marble slabs throughout. Spacious open floor plan with 4 bedroom suites, 4 car garage, glass wine room, infrared sauna, home gym, and theater. Features 93ft saltwater infinity-edge pool and Control 4 home automation system. Close to OLCC Golf and Uplands Lake Easement.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Utility Room On Main
  • Additional Room Features: Built-in Features, Fireplace, Hardwood Floors, Sound System, Vaulted Ceiling(s), Home Theater
  • Additional Rooms: Den, Media Room, 4th Bedroom
  • All Room Features: Balcony, Built-in Features, Bookcases, Coved, Fireplace, Formal, Gourmet Kitchen, Great Room, Hardwood Floors, Island, Nook, Sound System, Suite, Vaulted Ceiling(s), Walk in Closet, Home Theater, Marble
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 6.1
  • Fireplace Description: Gas
  • Fireplaces: 4
  • Interior Amenities: Air Cleaner, Central Vacuum, Hardwood Floors, Sound System, High Ceilings, High Speed Internet, Soaking Tub, Home Theater, Marble, Heated Tile Floor, Smart Appliance(s)
  • Kitchen Appliances: Appliance Garage, Microwave, Built-in Refrigerator, Dishwasher, Gas Appliances, Island, Pantry, Double Oven, Butler's Pantry, Marble, Wine Cooler, Cooktop
  • Legal Description: 681 UPLANDS CREST PT LT 12
  • Sq Ft Lower Level: 1186
  • Sq Ft Main Level: 3892
  • Upper Level Sq Ft: 3181
  • Bedrooms: 4
  • Master Bedroom: Features: Fireplace, Suite, Walk in Closet,On Level: Upper,Dimensions: 17x30
  • Bedroom 2: On Level: Upper,Dimensions: 11x15
  • Bedroom 3: On Level: Upper,Dimensions: 16x23
  • Full Bathrooms: 6
  • Partial Bathrooms: 1
  • Basement: Daylight, Finished
  • Dining Room: Features: Coved, Formal, Marble,On Level: Main,Dimensions: 15x17
  • Family Room: Features: Bookcases, Fireplace, Great Room, Hardwood Floors,On Level: Main,Dimensions: 27x19
  • Living Room: Features: Fireplace, Formal, Marble,On Level: Main,Dimensions: 17x29
  • Kitchen: Features: Gourmet Kitchen, Island, Nook,On Level: Main,Dimensions: 20x29
  • Additional Room 1: Description: Media Room,Features: Sound System, Home Theater,On Level: Lower,Dimensions: 22x17
  • Additional Room 2: Description: Den,Features: Built-in Features, Fireplace, Hardwood Floors,On Level: Main,Dimensions: 15x16
  • Additional Room 3: Description: 4th Bedroom,Features: Built-in Features, Vaulted Ceiling(s),On Level: Upper,Dimensions: 17x15
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 7
  • Bathrooms Upper Level Full: 4
  • Window Features: Wood Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Stone, Shingle Siding
  • Exterior Features: Covered Patio, Gas Hookup, Patio, Pool, Security Lights, Sprinkler, Outdoor Fireplace, Yard, Smart Light(s)
  • Lot Size: 1-2.99AC
  • Roof Type: Shake
  • View: Lake, Mountain(s), Territorial
  • Water Name: Oswego Lake
  • Foundation Details: Concrete Perimeter
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Garage Type: Attached, Oversized
  • Parking Description: Driveway, Off Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 95+%
  • Internet Service Type: Cable
  • Security: Security System Owned

Schools

  • Elementary School: Forest Hills
  • Middle School: Lake Oswego
  • High School: Lake Oswego

Lot Info

  • Lot Description: Level, Private, Gentle Sloping
  • Acres: 1.38
  • Zoning: R-10

Tax Info

  • Tax Amount: 48887.30
  • Assessor Parcel Number: 00246861
  • Tax Year: 2020

MLS Schools

  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle School: Lake Oswego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jul 13, 2022
Sold by
Crest Real Estate Llc
Bought by
2088 Crest Drive Llc
Seller's Agent
Matthew Tercek
Real Broker
Buyer's Agent
Christopher O'Neill
LUXE Forbes Global Properties
List Price
$7,250,000
Sold Price
$6,900,000
Premium/Discount to List
-$350,000
-4.83%
Current Estimated Value
$6,000,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$899,343
Avg. Annual Appreciation
-2.03%
Original Mortgage
$5,500,000
Outstanding Balance
$5,286,428
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$1,211,182

Purchase Details

Listed on
Jun 7, 2021
Closed on
Nov 22, 2021
Sold by
A Farber Partners Ltd
Bought by
Crest Real Estate Llc
Seller's Agent
Matthew Tercek
Real Broker
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$6,995,000
Sold Price
$5,800,000
Premium/Discount to List
-$1,195,000
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.45%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jun 27, 2019
Sold by
Ward John P
Bought by
Mccoshen Sean
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$3,799,000
Sold Price
$3,280,000
Premium/Discount to List
-$519,000
-13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.56%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jun 20, 2019
Sold by
Roderick Sarah J and Ward Sarah J
Bought by
Ward John P
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$3,799,000
Sold Price
$3,280,000
Premium/Discount to List
-$519,000
-13.66%

Purchase Details

Closed on
Mar 9, 2005
Sold by
Ward John P
Bought by
Ward John P and Ward Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 15, 1996
Sold by
Kingsbury Betty G
Bought by
Ward John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.18%
Mortgage Type
Seller Take Back
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 $6,900,000 None Listed On Document
Warranty Deed $5,800,000 First American
Warranty Deed $3,280,000 Fidelity Natl Ttl Co Of Or
Interfamily Deed Transfer -- Fidelity National Co Of Or
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Warranty Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,500,000 New Conventional
Previous Owner $2,296,000 New Conventional
Previous Owner $423,000 Credit Line Revolving
Previous Owner $2,000,000 Unknown
Previous Owner $2,100,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $70,000 Unknown
Previous Owner $62,108 Unknown
Previous Owner $100,000 Unknown
Previous Owner $270,000 Unknown
Previous Owner $1,850,000 Fannie Mae Freddie Mac
Previous Owner $250,000 Stand Alone Second
Previous Owner $1,500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $185,000 Seller Take Back
Closed $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $6,900,000 -4.8% $835 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $7,250,000 +25.0% $878 / Sq Ft
11/29/2021 11/29/21 Sold $5,800,000 -17.1% $702 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $6,995,000 +113.3% $847 / Sq Ft
06/28/2019 06/28/19 Sold $3,280,000 -6.3% $424 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $3,499,000 -7.9% $452 / Sq Ft
01/04/2019 01/04/19 For Sale $3,799,000 -- $491 / 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 $90,355 $4,556,384 $0 $0
2022 $85,098 $4,423,674 $0 $0
2021 $76,872 $4,200,488 $0 $0
2020 $48,887 $2,660,374 $0 $0
2019 $47,684 $2,582,888 $0 $0
2018 $45,346 $2,507,658 $0 $0
2017 $43,755 $2,434,619 $0 $0
2016 $39,835 $2,363,708 $0 $0
2015 $38,486 $2,294,862 $0 $0
2014 $37,988 $2,228,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21185304

Regional Multiple Listing Service (RMLS)

APN: 00246861