NOT LISTED FOR SALE

Estimated Value: $1,200,000 - $1,539,000

4 Beds
3.5 Baths
3,169 Sq Ft
$448/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $1,349,000 $426 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,766/month

114 Days on Market

Highlights

  • New Construction
  • Built-In Refrigerator
  • Contemporary Architecture
  • Hallinan Elementary School Rated A
  • Deck
  • Territorial View

About This Home

As of November 2023

Located in the desirable "Second Addition" neighborhood of Lake Oswego, this stunning residence offers a tranquil and safe environment just a short distance from downtown, making it an ideal place to call home. Step inside this newly constructed "Monogramed" home, and prepare to be amazed. The functional open floor plan exceeds expectations, providing a seamless flow throughout the living spaces. The attention to detail and exceptional finish level is evident in every corner, from the premium Wolf/Sub-Zero appliances to the elegant wide plank flooring. The smooth finish walls and ceilings add a touch of sophistication, while the large windows and retractable triple glass sliders on two levels flood the interior with natural light. The low-maintenance private yard and outdoor space is perfect for entertaining guests or enjoying a serene moment alone with a good book. Take advantage of the nearby pathway to Hallinan School, and discover the convenience of having George Rogers Park and the riverfront beach just moments away. 503 Laurel ST is more than just a home it's an invitation to embrace a luxurious and comfortable living experience. Don't miss the opportunity to make this exceptional property your own. Attractive Financing available.

Last Agent to Sell the Property

Randy Bylsma

Premiere Property Group, LLC License #860900113 Listed on: 06/14/2023

Premiere Property Group, LLC

Last Buyer's Agent

Erica McCollum

Works Real Estate License #201244069

Works Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Cedar
  • Wood Composite

Interior Spaces

  • 3,169 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Territorial Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Smart Thermostat
  • Laundry Room

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Hallinan Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 05036706

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Warranty: BuilderWarranty
  • Year Built: 2022
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 499-21-002405
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: GasAppliances,Island
  • Room 12 Features: BuiltinFeatures,Deck,Fireplace
  • Special Features: 4098

Interior Features

  • Accessibility Features: GarageonMain
  • Total Bathrooms: 3.1
  • Fireplaces: 1
  • Interior Amenities: EngineeredHardwood, GarageDoorOpener, HighCeilings, Laundry, Quartz, SmartThermostat, TileFloor, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Lower
  • Room 5 Description: Office
  • Room 5 Level: Lower
  • Room 6 Description: BonusRoom
  • Room 6 Level: Lower
  • Basement: Finished, FullBasement
  • Window Features: VinylFrames
  • Appliances: BuiltinRefrigerator, Dishwasher, Disposal, FreeStandingGasRange, Island, PlumbedForIceMaker, Quartz, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt5000to6999
  • Other Room10 Area: 224
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 130
  • Fifth Bedroom Area: 140
  • Bedroom 6 Area: 110
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 132
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 143
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,WoodComposite
  • Exterior Features: CoveredPatio, Deck, GasHookup, Patio, Sprinkler, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: CornerLot, GentleSloping, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Membrane
  • View: Territorial

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hallinan
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge

Lot Info

  • Farm: No
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 05036706

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1357.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 25, 2023
Sold by
Monogram Inc
Bought by
Davis Bradley and Gierman Emma
Seller's Agent
Randy Bylsma
Premiere Property Group, LLC
Buyer's Agent
Erica McCollum
Works Real Estate
List Price
$1,549,000
Sold Price
$1,349,000
Premium/Discount to List
-$200,000
-12.91%
Views
128
Current Estimated Value
$1,419,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,757
Avg. Annual Appreciation
3.07%
Original Mortgage
$726,000
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

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
Davis Bradley $1,349,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Bradley $726,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $1,349,000 0.0% $426 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $1,349,000 -3.6% $426 / Sq Ft
08/09/2023 08/09/23 Price Changed $1,399,000 -5.3% $441 / Sq Ft
07/20/2023 07/20/23 Price Changed $1,478,000 -4.6% $466 / Sq Ft
06/14/2023 06/14/23 For Sale $1,549,000 -- $489 / 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 $15,219 $792,230 -- --
2023 $15,219 $769,156 $0 $0
2022 $1,358 $70,725 $0 $0
2021 $2,546 $139,421 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23404281

Regional Multiple Listing Service (RMLS)

APN: 05036706