NOT LISTED FOR SALE

538 Ridgeway Rd Lake Oswego, OR 97034

Lakewood Neighborhood

Estimated Value: $2,883,000 - $3,211,000

4 Beds
4 Baths
4,004 Sq Ft
$754/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $2,448,000 $611 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $18,217/month

Highlights

  • Boathouse
  • Docks
  • Bluff on Lot
  • Forest Hills Elementary School Rated A
  • Waterfront
  • Deck

About This Home

As of May 2021

Input for comp purposes.

Last Agent to Sell the Property

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 05/12/2021

Co-Listed By

Errol Bradley

Harnish Company Realtors License #200505082

Last Buyer's Agent

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 05/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,889

Year Built

  • Built in 1939

Lot Details

  • Waterfront
  • Bluff on Lot
  • Private Lot
  • Sloped Lot

HOA Fees

  • $189 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Controlled Entrance

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 3-Story Property
  • Sound System
  • High Ceiling
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement
  • Property Views

Flooring

  • Wood
  • Slate Flooring

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,889

Year Built

Built in 1939

Lot Details

0

HOA Fees

$189 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cottage, Traditional
  • Sq Ft Calculated: 3161
  • Sq Ft Approximate Total: 4004
  • Stories: 3
  • Year Built: 1939
  • Property Condition: Resale
  • Remarks Public: Input for comp purposes.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Coved
  • Additional Rooms: Bonus Room, Laundry, Loft
  • All Room Features: Built-in Features, Coved, Fireplace, Gourmet Kitchen, Great Room, Hardwood Floors, Island, Living Room/Dining Room Combo, Suite, Vaulted Ceiling(s), Double Closet, Granite
  • Lower Level Bathrooms: 0.1
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 2.2
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Garage Door Opener, Hardwood Floors, Sound System, High Ceilings, High Speed Internet, Jetted Tub, Soaking Tub, Granite, Slate Flooring
  • Kitchen Appliances: Microwave, Built-in Refrigerator, Down Draft, Gas Appliances, Island, Double Oven, Stainless Steel Appliance(s), Free-Standing Gas Range
  • Legal Description: 507 LAKEWOOD #1 LT 244 PT LTS 374&375 ALSO VAC S SHORE RD
  • Sq Ft Lower Level: 843
  • Sq Ft Main Level: 2041
  • Upper Level Sq Ft: 1120
  • Bedrooms: 4
  • Master Bedroom: Features: Hardwood Floors, Suite, Double Closet,On Level: Main,Dimensions: 12x18
  • Bedroom 2: On Level: Upper,Dimensions: 12x12
  • Bedroom 3: On Level: Upper,Dimensions: 12x12
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Basement: Daylight, Finished
  • Dining Room: Features: Hardwood Floors, Living Room/Dining Room Combo,On Level: Main,Dimensions: 12x14
  • Family Room: Features: Built-in Features, Fireplace, Great Room, Hardwood Floors, Vaulted Ceiling(s),On Level: Main,Dimensions: 16x20
  • Living Room: Features: Fireplace, Hardwood Floors, Vaulted Ceiling(s),On Level: Main,Dimensions: 19x22
  • Kitchen: Features: Gourmet Kitchen, Hardwood Floors, Island, Granite,On Level: Main,Dimensions: 10x15
  • Additional Room 1: Description: Bonus Room,Features: Coved,On Level: Upper,Dimensions: 11x27
  • Additional Room 2: Description: Loft,On Level: Upper,Dimensions: 13x13
  • Additional Room 3: Description: Laundry,On Level: Lower
  • Bathrooms Lower Level Partial: 1
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 1

Exterior Features

  • Exterior Description: Brick, Cedar
  • Exterior Features: Covered Patio, Deck, Dock, Boat House
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Lake
  • Waterfront Description: Lake
  • Waterfront: Yes
  • Water Name: Oswego Lake
  • Foundation Details: Slab, Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Entry

Condo/Co-op/Association

  • HOA Fees: 2270
  • HOA Payment Frequency: Annually
  • HOA: Yes
  • Other Payment Freq: One Time

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Private, Sloped, Bluff
  • Acres: 0.34
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Multi Family

  • Other Fee: 7500
  • Non Owner Occ Supplement: No

Tax Info

  • Tax Amount: 21104.60
  • Assessor Parcel Number: 00256029
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
May 6, 2021
Sold by
Love Gregory T and Love Katherine C
Bought by
Sather James M and Sather Molly S
Seller's Agent
Justin Harnish
Harnish Company Realtors
Buyer's Agent
Justin Harnish
Harnish Company Realtors
List Price
$2,448,000
Sold Price
$2,448,000
Current Estimated Value
$3,018,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,161
Avg. Annual Appreciation
4.83%
Original Mortgage
$1,175,000
Outstanding Balance
$1,064,843
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,953,318

Purchase Details

Closed on
Aug 7, 2005
Sold by
Love Gregory T and Love Katherine C
Bought by
Love Gregory T and Love Katherine C

Purchase Details

Closed on
Mar 4, 2002
Sold by
Clarke Donald R
Bought by
Love Greg T and Love Katherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Henry Thomas W
Bought by
Clarke Donald R

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
6.92%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sather James M $2,448,000 Wfg Title
Love Gregory T -- --
Love Greg T $920,000 Fidelity National Title Co
Clarke Donald R $800,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sather James M $1,175,000
Previous Owner Love Greg T $550,000
Previous Owner Clarke Donald R $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $2,448,000 0.0% $611 / Sq Ft
05/12/2021 05/12/21 For Sale $2,448,000 -- $611 / 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 $24,889 $1,295,585 -- --
2023 $24,889 $1,257,850 $0 $0
2022 $23,441 $1,221,214 $0 $0
2021 $21,648 $1,185,645 $0 $0
2020 $21,105 $1,151,112 $0 $0
2019 $20,585 $1,117,585 $0 $0
2018 $19,575 $1,085,034 $0 $0
2017 $18,888 $1,053,431 $0 $0
2016 $17,193 $1,022,749 $0 $0
2015 $16,611 $992,960 $0 $0
2014 $16,396 $964,039 $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

    23 in this area

    305 Total Sales

    Justin Harnish
    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Errol Bradley

    Harnish Company Realtors

    (503) 807-1460

    16 in this area

    216 Total Sales

    Errol Bradley
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21361034

Regional Multiple Listing Service (RMLS)

APN: 00256029

Oregon Clackamas County Lake Oswego 97034 Lakewood

538 Ridgeway Rd, Lake Oswego, OR

This home is located at 538 Ridgeway Rd, Lake Oswego, OR 97034 since 12 May 2021 and is currently estimated at $3,018,161, approximately $753 per square foot. This property was built in 1939. 538 Ridgeway Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes