NOT LISTED FOR SALE

488 7th St Lake Oswego, OR 97034

Evergreen Neighborhood

Estimated Value: $1,578,000 - $1,986,000

3 Beds
3 Baths
2,801 Sq Ft
$636/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $1,395,000 $498 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,138/month

Highlights

  • Outdoor Fireplace
  • Wood Flooring
  • High Ceiling
  • Forest Hills Elementary School Rated A
  • Corner Lot
  • Quartz Countertops

About This Home

As of January 2021

Input for comparable purposes, new construction by Horizon Northwest. Thermadore commercial appliance package, hardwoods throughout the entire home.

Last Agent to Sell the Property

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 01/14/2021

Co-Listed By

Errol Bradley

Harnish Company Realtors License #200505082

Last Buyer's Agent

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 01/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,950

Year Built

  • Built in 2021

Lot Details

  • Dog Run
  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Soaking Tub
  • 2-Story Property
  • Sound System
  • High Ceiling
  • 2 Fireplaces
  • Double Pane Windows
  • Vinyl Clad Windows
  • Wood Flooring
  • Crawl Space
  • Smart Thermostat
  • Quartz Countertops

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,950

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional
  • Sq Ft Calculated: 2801
  • Sq Ft Approximate Total: 2801
  • Stories: 2
  • Year Built: 2021
  • Property Condition: New Construction
  • Remarks Public: Input for comparable purposes, new construction by Horizon Northwest. Thermadore commercial appliance package, hardwoods throughout the entire home.
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Certificate Occupancy Obtained: Yes
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Built-in Features, Bookcases, Hardwood Floors, Sink
  • Additional Rooms: Bonus Room, Den, Laundry
  • All Room Features: Bathroom, Built-in Features, Bookcases, Closet Organizer, Eat Bar, Fireplace, Formal, Gourmet Kitchen, Great Room, Hardwood Floors, Island, Pantry, Suite, Walk in Closet, Sink
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas
  • Fireplaces: 2
  • Interior Amenities: Air Cleaner, Garage Door Opener, Hardwood Floors, Sound System, High Ceilings, High Speed Internet, Soaking Tub, Quartz, Smart Thermostat
  • Kitchen Appliances: Microwave, Built-in Refrigerator, Dishwasher, Gas Appliances, Island, Pantry, Free-Standing Range, Convection Oven, Quartz
  • Legal Description: 29 1ST ADD TO OSWEGO LT 1 BLK 42
  • Sq Ft Main Level: 1401
  • Upper Level Sq Ft: 1400
  • Bedrooms: 3
  • Master Bedroom: Features: Hardwood Floors, Suite, Walk in Closet,On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: Features: Formal, Hardwood Floors,On Level: Main
  • Living Room: Features: Built-in Features, Fireplace, Great Room, Hardwood Floors,On Level: Main
  • Kitchen: Features: Eat Bar, Gourmet Kitchen, Hardwood Floors, Island, Pantry,On Level: Main
  • Additional Room 1: Description: Bonus Room,Features: Hardwood Floors,On Level: Upper
  • Additional Room 2: Description: Laundry,Features: Built-in Features, Sink,On Level: Main
  • Additional Room 3: Description: Den,Features: Built-in Features, Bookcases, Hardwood Floors,On Level: Main
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Brick, Cedar
  • Exterior Features: Covered Patio, Dog Run, Fenced, Garden, Gas Hookup, Patio, Sprinkler, Outdoor Fireplace, Fire Pit
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level
  • Acres: 0.14
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 4244.88
  • Assessor Parcel Number: 00192366
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Grosslight Glen A
Bought by
Stairway To Heaven Trust
Total Days on Market
0
Current Estimated Value
$1,782,489

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jan 12, 2021
Sold by
Horizon Northwest Inc
Bought by
Grosslight Glen A and Grosslight Kerri P
Seller's Agent
Justin Harnish
Harnish Company Realtors
Buyer's Agent
Justin Harnish
Harnish Company Realtors
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Aug 30, 2019
Sold by
Cooper Norman A and Cooper Vesper K
Bought by
Horizon Northwest Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,250
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2019
Sold by
Renaissance Custom Homes Llc
Bought by
Cooper Norman A and Cooper Vesper K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,250
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1992
Bought by
Cooper Norman A and Cooper Vesper K
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 Buyer Sale Price Title Company
Stairway To Heaven Trust -- --
Grosslight Glen A $1,395,000 Fidelity Natl Ttl Co Of Or
Horizon Northwest Inc $531,000 Fidelity Natl Ttl Co Of Or
Cooper Norman A -- Fidelity Natl Ttl Co Of Or
Cooper Norman A $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horizon Northwest Inc $398,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $1,395,000 0.0% $498 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $1,395,000 -- $498 / 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 $14,950 $755,544 $0 $0
2022 $14,080 $733,538 $0 $0
2021 $13,003 $712,173 $0 $0
2020 $4,245 $231,529 $0 $0
2019 $4,140 $224,786 $0 $0
2018 $3,937 $218,239 $0 $0
2017 $3,799 $211,883 $0 $0
2016 $3,458 $205,712 $0 $0
2015 $3,341 $199,720 $0 $0
2014 $3,298 $193,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Harnish

    Seller's Agent in 2021

    Justin Harnish

    Harnish Company Realtors

    (503) 699-8483

    43 in this area

    324 Total Sales

    Justin Harnish
    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Errol Bradley

    Harnish Company Realtors

    (503) 807-1460

    32 in this area

    232 Total Sales

    Errol Bradley
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21450138

Regional Multiple Listing Service (RMLS)

APN: 00192366

Oregon Clackamas County Lake Oswego 97034 Evergreen

488 7th St, Lake Oswego, OR

This home is located at 488 7th St, Lake Oswego, OR 97034 since 14 January 2021 and is currently estimated at $1,782,489, approximately $636 per square foot. This property was built in 2021. 488 7th St is a home located in Clackamas County with nearby schools including Forest Hills Elementary School, Lake Oswego Junior High School, and Lake Oswego Senior High School.

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Regional Multiple Listing Service (RMLS) 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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