$5,300,000
SOLD OCT 16, 2024
4 Beds
5.5 Baths
8,170 Sq Ft
9,801 Sq Ft Lot

Recently Sold

$649 Per Sq Ft

9% Below List Price

36 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Wine Cellar
  • Lake Grove Elementary School Rated A+
  • Indoor Pool
  • Home Theater

About This Home

As of October 2024

Love the sun? Then you will love waterfront living on the north shore of Lake Oswego. Truly the best of both types of views from the slate lakeside patio and boathouse and then up to your primary suite with sweeping elevated views of the lake. This home is like no other with 4 Ensuites, 7 fireplaces, indoor pool, outdoor built in spa, sauna, theater, wine cellar, and a rotunda library. Three of the suites enjoy French doors and balconies overlooking the lake, two of those suites have fireplaces, and the primary suite enjoys a cozy sitting room with the arguably best view in Lake Oswego! From the moment you watch the gates open, it is clear you have arrived at your luxury fortress with stone and gas lamps . . . open the doors and take in the drama of a wall of windows and twin fireplaces in the great room. This home is not only irreplaceable; it would also be a fortune to replicate.

Last Agent to Sell the Property

Lee Davies

ELEETE Real Estate License #851200114 Listed on: 06/06/2024

Co-Listed By

Bradley Harper

ELEETE Real Estate License #201208911

Last Buyer's Agent

Marty Wells

LUXE Forbes Global Properties License #200408283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,362

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • Lake Front
  • Gated Home
  • Terraced Lot
  • Sprinkler System

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Appliances in Garage
  • Driveway
  • Secured Garage or Parking

Home Design

  • Custom Home
  • Metal Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,170 Sq Ft Home
  • 4-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 7 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Bonus Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Double Oven
  • Built-In Range
  • Range Hood
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security System Owned
  • Security Gate

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Pool

  • Indoor Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Boat Access Only
  • Boathouse
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Lake Grove Elementary School
  • Lake Oswego Middle School
  • Lake Oswego High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • $7,500 One-Time Secondary Association Fee
  • Lake Corp Association, Phone Number (503) 636-1422

Listing and Financial Details

  • Assessor Parcel Number 00245942

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,362

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 4
  • Year Built: 2000
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksAssociation: This is a private corporation, not an HOA.
  • Room 10 Features: Pool
  • Room 11 Features: BuiltinRefrigerator,EatingArea,GasAppliances
  • Room 12 Features: Fireplace,HardwoodFloors
  • Room 13 Features: Balcony,Bathroom,Fireplace
  • Room 7 Features: Balcony,Bathroom,ClosetOrganizer,Fireplace
  • Room 8 Features: Balcony
  • Room 9 Features: Fireplace,Formal,Patio
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleElevatorInstalled
  • Total Bathrooms: 5.1
  • Fireplaces: 7
  • Interior Amenities: Floor3rd, CentralVacuum, Elevator, HardwoodFloors, HighCeilings, HomeTheater, IndoorPool, Laundry, SoakingTub, VaultedCeiling, WasherDryer
  • Room 4 Description: BonusRoom
  • Room 4 Features: HardwoodFloors,Nook
  • Room 4 Level: Upper
  • Room 5 Description: MediaRoom
  • Room 5 Level: Lower
  • Room 6 Description: WineCellar
  • Room 6 Level: Lower
  • Window Features: DoublePaneWindows
  • Appliances: ApplianceGarage, BuiltinRange, BuiltinRefrigerator, Dishwasher, DoubleOven, GasAppliances, Granite, InstantHotWater, Island, Pantry, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Jeff Ward
  • BathroomsFullLowerLevel: 2
  • BathroomsFullUpperLevel: 3
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 2.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 3.0
  • Lot Size Range: SqFt10000to14999
  • Other Room10 Area: 378
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 336
  • Fifth Bedroom Area: 230
  • Bedroom 6 Area: 182
  • Bedroom 7 Area: 195
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 180
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Other Room9 Area: 240
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Stone
  • Exterior Features: BoatHouse, BoatOnlyAccess, BuiltinBarbecue, BuiltinHotTub, OutdoorFireplace, Patio, Sprinkler
  • Lot Size: 10,000 to 14,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Gated, Terraced
  • Road Surface Type: Paved
  • Water Body Name: Lake Oswego
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal
  • View: Lake

Garage/Parking

  • Garage Type: Attached,Oversized
  • Parking Description: Driveway, Secured
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: SecurityGate, SecuritySystemOwned
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 7500.0
  • Association #2 Fee Frequency: OneTime
  • Association Fee: 2519.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Corp
  • Phone: 503-636-1422
  • Association: Yes
  • Association Email: jeff.ward@lakecorp.com

Association/Amenities

  • AssociationAddress: 700 McVey Ave, Lake Oswego, OR 97034
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Lake Grove
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego

Lot Info

  • Land Lease: No
  • Parcel #: 00245942

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 73362.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Oct 7, 2024
Sold by
Apollo & Odin Llc
Bought by
Sadakah Dany A
Seller's Agent
Lee Davies
ELEETE Real Estate
Buyer's Agent
Marty Wells
LUXE Forbes Global Properties
List Price
$5,850,000
Sold Price
$5,300,000
Premium/Discount to List
-$550,000
-9.4%
Views
52
Current Estimated Value
$5,847,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,856
Avg. Annual Appreciation
14.42%
Original Mortgage
$3,500,000
Outstanding Balance
$3,480,195
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$2,518,838

Purchase Details

Listed on
Dec 1, 2021
Closed on
Nov 29, 2021
Sold by
Larsson William D and William D Larsson Trust
Bought by
Apollo & Odin Llc
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Carrie Wellhouser
Real Broker
List Price
$7,000,000
Sold Price
$7,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.21%
Original Mortgage
$4,420,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2017
Sold by
Knouf Investments Llc
Bought by
Larsson William D and William Larsson Trust

Purchase Details

Closed on
Dec 8, 2015
Sold by
Knouf Craig C
Bought by
Knouf Investments Llc

Purchase Details

Closed on
May 26, 2014
Sold by
Fister Michael J and Fister Teresa L
Bought by
Knouf Craig C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2005
Sold by
Fister Teresa L
Bought by
Fister Michael J and Fister Teresa L

Purchase Details

Closed on
Jan 12, 1998
Sold by
Knauss Sally Jo
Bought by
Fister Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $5,300,000 None Listed On Document
Warranty Deed $6,999,999 Fidelity National Ttl Of Or
Warranty Deed $4,614,000 Fidelity Natl Title Oregon
Bargain Sale Deed -- Fidelity Natl Title Co Of Or
Warranty Deed $2,250,000 Fidelity National Title
Interfamily Deed Transfer -- --
Warranty Deed $640,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Previous Owner $4,420,000 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $1,250,000 Seller Take Back
Previous Owner $2,450,000 Unknown
Previous Owner $640,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $5,300,000 -9.4% $649 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $5,850,000 -16.4% $716 / Sq Ft
12/01/2021 12/01/21 Sold $7,000,000 0.0% $857 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $7,000,000 -- $857 / 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
2024 $75,582 $3,925,787 -- --
2023 $75,582 $3,811,444 $0 $0
2022 $71,185 $3,700,432 $0 $0
2021 $65,748 $3,592,653 $0 $0
2020 $64,096 $3,488,013 $0 $0
2019 $62,519 $3,386,421 $0 $0
2018 $59,454 $3,287,787 $0 $0
2017 $57,367 $3,192,026 $0 $0
2016 $52,228 $3,099,054 $0 $0
2015 $42,022 $2,714,451 $0 $0
2014 $42,419 $2,685,379 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24071908

Regional Multiple Listing Service (RMLS)

APN: 00245942