$1,199,900

Estimated payment $7,722/month

Total Views 132
2 Beds
2 Baths
1,196 Sq Ft
$1,003 Price per Sq Ft

Highlights

  • Custom Home
  • Built-In Refrigerator
  • Elevator
  • Forest Hills Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Rossman Park

About This Home

Perfectly positioned in the heart of downtown Lake Oswego, this beautiful two bedroom, two bath, ground-level condominium offers style, comfort, and effortless convenience. The space feels bright and open with high ceilings, expansive windows, and a refined corner location on the ground floor that fills every room with natural light. The kitchen is both functional and inviting, featuring stainless appliances and generous cabinetry that flows easily into the living and dining areas. The primary bedroom enjoys its own adjoining bath, creating a layout that offers both privacy and connection. Residents of this secure mid-rise community appreciate gated parking, professional management, and the peaceful setting of just 30 homes. Built in 2007, the building offers the best of downtown living with the lake, parks, cafes, and the weekend farmers market, while still maintaining a quiet residential feel. This unit delivers the sophistication and simplicity that make Lake Oswego living so desirable.

Listing Agent

tonya bunick

Avery Bunick Properties Brokerage Email: maryjo@averybunickproperties.com License #200308284 Listed on: 11/16/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,839

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $661 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Secured Garage or Parking
  • Off-Street Parking
  • Controlled Entrance

Home Design

  • Custom Home
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Intercom

Kitchen

  • Built-In Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Available
  • Municipal Trash

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 05021799

Community Details

Overview

  • 30 Units
  • Five Fifty Five Second Street Association, Phone Number (360) 635-7901
  • First Addition Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Elevator
  • Community Storage Space

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,839

Year Built

Built in 2007

Lot Details

0

HOA Fees

$661 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2007
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 30
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: GourmetKitchen,HardwoodFloors,Island
  • Room 12 Features: Balcony,BuiltinFeatures,Fireplace,Patio,SlidingDoors
  • Room 9 Features: BayWindow,KitchenDiningRoomCombo
  • CondominiumTotalLevels: 4
  • Special Features: None

Interior Features

  • Accessibility Features: OneLevel, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: Granite, HardwoodFloors, Intercom, Laundry, TileFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: Entry
  • Room 4 Features: HardwoodFloors
  • Room 4 Level: Main
  • Room 5 Description: Laundry
  • Room 5 Level: Main
  • Appliances: BuiltinOven, BuiltinRange, BuiltinRefrigerator, Disposal, Island, Microwave, RangeHood, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,Stone
  • Exterior Features: Fenced, Patio, Sprinkler
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Shared
  • Parking Description: OffStreet, Secured
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Other
  • CondominiumParkingSpaceNo: 21
  • CondominiumParkingTandemYN: No

Utilities

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

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gas, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 661.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Invest West Mgmt-Corey Downing
  • CondominiumAssociationEmail: cdowning@iwmhoa.com or nlambert@iwmhoa.com
  • CondominiumAssociationName: Five Fifty-Five Second Street
  • CondominiumAssociationPhone: 360-635-7901
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: 05021799

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 8838.69

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $8,839 $461,259 -- --
2024 $8,603 $447,825 -- --
2023 $8,603 $434,782 $0 $0
2022 $8,103 $422,119 $0 $0
2021 $7,483 $409,825 $0 $0
2020 $7,295 $397,889 $0 $0
2019 $7,115 $386,300 $0 $0
2018 $6,766 $375,049 $0 $0
2017 $6,529 $364,125 $0 $0
2016 $5,943 $353,519 $0 $0
2015 $5,742 $343,222 $0 $0
2014 $5,422 $333,225 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $1,199,900 -- $1,003 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Bargain Sale Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $519,079 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $387,000 Purchase Money Mortgage
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 729159413

Regional Multiple Listing Service (RMLS)

APN: 05021799