Seller's Agent in 2025
STEPHEN HEINS
Heins Real Estate LLC
(503) 707-5777
1 in this area
64 Total Sales
2972 Tolkien Ln Lake Oswego, OR 97034
Palisades Neighborhood
4
Beds
3.5
Baths
3,673
Sq Ft
0.35
Acres
Highlights
- Spa
- Deck
- Traditional Architecture
- Westridge Elementary School Rated A+
- Vaulted Ceiling
- Wood Flooring
About This Home
As of August 2025A Mountain Retreat in the City! Nestled in the sought-after Westridge neighborhood this four-bedroom three-and-a-half-bath on Tolkien Lane is one of the last homes on the street that offers the opportunity to update and build your equity. Full of vintage charm, this home is a blank canvas for buyers eager to bring their vision to life. Sitting on a prime corner lot with gorgeous ceilings w/ exposed beams this home provides an inviting open atmosphere. The primary suite boasts a walk-in closet, vaulted ceilings, updated bathroom with dual sinks, and multi-head large shower. The primary suite upstairs is complemented by two additional bedrooms and a full bathroom. The loft is currently set up as an office, offers a fantastic workspace with an open and connected feel to the rest of the home. On the main level there's additional space at the front of the home perfect for a additional bedroom, guest room, or a quiet home office. Kitchen has true oak hardwoods. Just off the kitchen, there's a warm and inviting family room providing the perfect space for gathering. Downstairs, a spacious bonus area offers endless possibilities for a theater room, hobby space, or recreation area. Don’t miss the cedar sauna downstairs, a relaxing retreat—ideal for unwinding! Step outside to enjoy the secluded fenced backyard featuring a durable composite deck with retractable awning and hot tub perfect for entertaining. Lastly this home is in close proximity to Lakeridge High School, Lakeridge Middle School, and Westridge Elementary, making it a convenient choice for those who value accessibility to top-rated schools. It’s also just minutes from Cook’s Butte Park, a scenic escape where you can explore trails and enjoy nature. Don't miss this rare chance to make this home your own, schedule your showing today.
Last Agent to Sell the Property
Heins Real Estate LLC License #201206397 Listed on: 05/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,664
Year Built
- Built in 1981
Lot Details
- 0.35 Acre Lot
- Fenced
- Corner Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Traditional Architecture
- Slab Foundation
- Tile Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,673 Sq Ft Home
- 3-Story Property
- Central Vacuum
- Beamed Ceilings
- Vaulted Ceiling
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Utility Room
- Washer and Dryer
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Oven
- Cooktop
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Spa
- Deck
- Shed
Schools
- Westridge Elementary School
- Lakeridge Middle School
- Lakeridge High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 00332633
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2025
Closed on
Aug 21, 2025
Sold by
Meyer Mark S and Meyer Patricia A
Bought by
Greiner Allison Kay and Greiner Thomas
Seller's Agent
STEPHEN HEINS
Heins Real Estate LLC
Buyer's Agent
Drew Coleman
Opt
List Price
$1,050,000
Sold Price
$995,000
Premium/Discount to List
-$55,000
-5.24%
Views
252
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.80%
Original Mortgage
$746,250
Outstanding Balance
$746,250
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$287,287
Purchase Details
Closed on
Nov 20, 2003
Sold by
Siebers Michael A and Siebers Kathy G
Bought by
Meyer Mark S and Meyer Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $995,000 | Fidelity National Title | |
| Warranty Deed | $446,500 | Fidelity Natl Title Co Of Or |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $746,250 | New Conventional | |
| Closed | $149,000 | No Value Available | |
| Previous Owner | $322,700 | Purchase Money Mortgage | |
| Closed | $79,150 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Sold | $995,000 | -2.0% | $271 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $1,015,000 | -3.3% | $276 / Sq Ft |
| 06/22/2025 06/22/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | For Sale | $1,050,000 | -- | $286 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $11,664 | $607,148 | -- | -- |
| 2023 | $11,664 | $589,465 | $0 | $0 |
| 2022 | $10,985 | $572,297 | $0 | $0 |
| 2021 | $10,145 | $555,629 | $0 | $0 |
| 2020 | $9,890 | $539,446 | $0 | $0 |
| 2019 | $9,647 | $523,734 | $0 | $0 |
| 2018 | $9,174 | $508,480 | $0 | $0 |
| 2017 | $8,852 | $493,670 | $0 | $0 |
| 2016 | $8,057 | $479,291 | $0 | $0 |
| 2015 | $7,784 | $465,331 | $0 | $0 |
| 2014 | $7,635 | $451,778 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
STEPHEN HEINS
-
Drew Coleman
Buyer's Agent in 2025
Drew Coleman
Opt
(503) 908-4908
3 in this area
844 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 494685330
APN: 00332633
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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