NOT LISTED FOR SALE

Estimated Value: $837,000 - $935,000

3 Beds
2.5 Baths
2,498 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $775,000 $310 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,174/month

61 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Oak Creek Elementary School Rated A+
  • Separate Formal Living Room
  • 4-minute walk to Westlake Park

About This Home

As of January 2023

Fabulously stunning Westlake home has it all! Fully updated, clean lines & high-end designer finishes! Expansive windows & high ceilings flood this home w/ light. Custom cabinetry, quartz countertops, formal living, dining & welcoming great room w/ cozy dual-sided fireplace. Private, zen-like patio perfect for outdoor entertaining, or garden rare in townhomes. 3 bed 2/1 ba, custom dream garage, room for office, guests, Convenient to shops, restaurants, schools, etc., and all Lake Oswego offers!

Last Listed By

Tina Wyszynski

Cascade Hasson Sotheby's International Realty License #970700063 Listed on: 10/14/2022

Cascade Hasson Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,997

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 3,920

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,498 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Separate Formal Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Oak Creek Elementary School
  • Lake Oswego Middle School
  • Lake Oswego High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Cove
  • 3,920 Sq Ft Lot

Community Details

  • Melrose Ct. Homeoweners Assoc Association, Phone Number (503) 670-8111

Listing and Financial Details

  • Assessor Parcel Number 01850483

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,997

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$414 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1999
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Attached
  • Architectural Style: Contemporary, Traditional
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • PublicRemarksAssociation: Nicole's extension is 5209
  • Room 10 Features: Fireplace,HardwoodFloors,Patio,SlidingDoors
  • Room 11 Features: GourmetKitchen,HardwoodFloors,Island,Pantry
  • Room 12 Features: Fireplace,Formal
  • Room 13 Features: Coved
  • Room 7 Features: ClosetOrganizer
  • Room 8 Features: ClosetOrganizer
  • Room 9 Features: Formal
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 2
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Nicole Eaton
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt3000to4999
  • Other Room10 Area: 221
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Bedroom 7 Area: 182
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 156
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 156
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,Other
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 414.0
  • Association Fee Frequency: Monthly
  • Association Name: Melrose Ct. Homeoweners Assoc
  • Phone: 503-670-8111
  • Association: Yes
  • Association Email: nicole.eaton@managementtrust.com

Association/Amenities

  • AssociationAddress: P.O. Box 23079 Tigard OR 97224
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Oak Creek
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 01850483

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 8997.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Jan 9, 2023
Sold by
Doolittle Lea Anne
Bought by
Russo Frank
Seller's Agent
Tina Wyszynski
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Jenifer Luff
Realty One Group Prestige
List Price
$805,000
Sold Price
$775,000
Premium/Discount to List
-$30,000
-3.73%
Total Days on Market
61
Views
88
Current Estimated Value
$879,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,105
Avg. Annual Appreciation
5.49%
Original Mortgage
$620,000
Outstanding Balance
$603,722
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$275,383

Purchase Details

Closed on
Apr 24, 2021
Sold by
Smart Theodore R and Doolittle Lea Anne
Bought by
Smart Theodore R and Doolittle Lea Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2019
Sold by
Smart Theodore R and Doolittle Lea Anne
Bought by
Smart Theodore R and Doolittle Lea Anne

Purchase Details

Listed on
Apr 15, 2019
Closed on
Aug 12, 2019
Sold by
Maltby Michael E and Maltby Sandy L
Bought by
Smart Theodore R and Doolittle Lea Anne
Seller's Agent
Mary Jo Avery
Avery Bunick Luxury Properties
Buyer's Agent
Mary Jo Avery
Avery Bunick Luxury Properties
List Price
$699,888
Sold Price
$665,000
Premium/Discount to List
-$34,888
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$484,350
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Draper Jeffery T and Draper Yvonne C
Bought by
Maltby Michael E and Maltby Sandy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2003
Sold by
Albrich Karen R
Bought by
Draper Jeffery T and Draper Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2000
Sold by
Matrix Development Corp
Bought by
Albritch Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,500
Interest Rate
8.21%

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Russo Frank $775,000 --
Smart Theodore R -- Wfg Title
Smart Theodore R -- None Available
Smart Theodore R $665,000 Fidelity Natl Ttl Co Of Or
Maltby Michael E $390,000 Fidelity Natl Title Co Of Or
Draper Jeffery T $390,000 Fidelity Natl Title Co Of Or
Albritch Karen R $326,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Frank $620,000
Previous Owner Smart Theodore R $482,000
Previous Owner Smart Theodore R $484,350
Previous Owner Maltby Michael E $200,000
Previous Owner Maltby Michael E $277,000
Previous Owner Maltby Michael E $312,000
Previous Owner Draper Jeffery T $30,000
Previous Owner Draper Jeffery T $254,000
Previous Owner Albritch Karen R $231,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $775,000 -1.3% $310 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $785,000 -2.5% $314 / Sq Ft
10/14/2022 10/14/22 For Sale $805,000 +21.1% $322 / Sq Ft
08/16/2019 08/16/19 Sold $665,000 +0.8% $266 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $659,900 -3.7% $264 / Sq Ft
05/14/2019 05/14/19 Price Changed $684,900 +0.1% $274 / Sq Ft
05/14/2019 05/14/19 Price Changed $684,000 -2.3% $274 / Sq Ft
04/14/2019 04/14/19 For Sale $699,888 -- $280 / 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 $10,343 $521,584 $0 $0
2022 $9,741 $506,393 $0 $0
2021 $8,997 $491,644 $0 $0
2020 $8,691 $477,325 $0 $0
2019 $8,524 $463,423 $0 $0
2018 $8,136 $449,925 $0 $0
2017 $7,804 $436,820 $0 $0
2016 $7,040 $424,097 $0 $0
2015 $6,657 $411,745 $0 $0
2014 $6,508 $399,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22670499

Regional Multiple Listing Service (RMLS)

APN: 01850483