NOT LISTED FOR SALE

559 2nd St Unit 206 Lake Oswego, OR 97034

Evergreen Neighborhood

Estimated Value: $832,000 - $1,346,000

2 Beds
2 Baths
1,412 Sq Ft
$521/mo HOA Fee

Last Sold September 30, 2021

Last sale price $825,000 $584 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,441/month

4 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Hydromassage or Jetted Bathtub
  • Forest Hills Elementary School Rated A
  • Engineered Wood Flooring
  • 2-minute walk to Rossman Park

About This Home

As of September 2021

Luxurious, one level living in First Addition's coveted 555 building.Natural light pours into this second level unit featuring spacious open floor plan, high-end finishes, hardwoods, high ceilings, & expansive primary suite.Enjoy coffee on your balcony, impressive cook's kitchen, grand fireplace w/built-ins. Second bedroom w/high-end murphy bed & room for office. All in the heart of downtown LO, steps to shopping, farmers market, restaurants, grocery, Willamette River.Secure parking and storage.

Last Agent to Sell the Property

Margo Brown

Where Real Estate Collaborative License #201217224 Listed on: 09/16/2021

Last Buyer's Agent

Amy McMahon

Windermere Realty Trust License #201215181

Windermere Realty Trust

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,197

Year Built

  • Built in 2007

Lot Details

  • 610

HOA Fees

  • $521 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Slab Foundation
  • Stone Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 1-Story Property
  • High Ceiling
  • 1 Fireplace
  • Natural Light
  • First Floor Utility Room

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Accessible Doors
  • Accessible Entrance
  • Minimal Steps
  • Accessible Parking

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Location

  • Unit is on the top floor

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

Security

  • Resident Manager or Management On Site
  • Gated Community

Additional Features

  • Maintained Community
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,197

Year Built

Built in 2007

Lot Details

0

HOA Fees

$521 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Custom Style
  • Sq Ft Calculated: 1412
  • Sq Ft Approximate Total: 1412
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2007
  • Property Condition: Resale
  • Remarks Public: Luxurious, one level living in First Addition's coveted 555 building.Natural light pours into this second level unit featuring spacious open floor plan, high-end finishes, hardwoods, high ceilings, & expansive primary suite.Enjoy coffee on your balcony, impressive cook's kitchen, grand fireplace w/built-ins. Second bedroom w/high-end murphy bed & room for office. All in the heart of downtown LO, steps to shopping, farmers market, restaurants, grocery, Willamette River.Secure parking and storage.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: One Level, Accessible Entrance, Minimal Steps, Natural Lighting, Parking, Accessible Doors, Main Floor Bedroom w/Bath, Utility Room On Main
  • Additional Room Features: Tile Floor
  • Additional Rooms: Laundry
  • All Room Features: Balcony, Bookcases, Eat Bar, Fireplace, Gas Appliances, Gourmet Kitchen, Hardwood Floors, Kitchen/Dining Room Combo, Tile Floor, Walk-in Shower, Walk in Closet, Wall to Wall Carpet, High Ceilings, Soaking Tub, Granite, Closet, Double Sinks
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Elevator: Yes
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener, Hardwood Floors, Laundry, Tile Floor, Washer/Dryer, Wall to Wall Carpet, High Ceilings, Jetted Tub, Soaking Tub, Elevator, Granite, Engineered Hardwood
  • Kitchen Appliances: Microwave, Built-in Range, Built-in Refrigerator, Dishwasher, Disposal, Gas Appliances, Built-in Oven, Granite, Wine Cooler, Stainless Steel Appliance(s)
  • Legal Description: CONDOMINIUM FIVE FIFTY-FIVE SECOND STREET CONDOMINIUMS 4253 UNIT
  • Sq Ft Main Level: 1412
  • Bedrooms: 2
  • Master Bedroom: Features: Tile Floor, Walk-in Shower, Walk in Closet, Wall to Wall Carpet, Soaking Tub, Double Sinks,On Level: Main,Dimensions: 22x12
  • Bedroom 2: On Level: Main,Dimensions: 12x10
  • Full Bathrooms: 2
  • Basement: None
  • Dining Room: Features: Hardwood Floors, Kitchen/Dining Room Combo,On Level: Main,Dimensions: 12x9
  • Living Room: Features: Balcony, Bookcases, Fireplace, Hardwood Floors, High Ceilings,On Level: Main,Dimensions: 16x16
  • Kitchen: Features: Eat Bar, Gas Appliances, Gourmet Kitchen, Granite,On Level: Main,Dimensions: 19x10
  • Additional Room 1: Description: Laundry,Features: Tile Floor,On Level: Main
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2

Exterior Features

  • Deck Available: Yes
  • Deck Sq Ft: 38
  • Total Levels: 4
  • Total Number of Units: 30
  • Exterior Description: Cedar, Stone
  • Exterior Features: Covered Patio, Covered Deck
  • Roof Type: Composition
  • Foundation Details: Slab, Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Concrete

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Deeded

Utilities

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

Condo/Co-op/Association

  • Condo Pet Policy: 2 Pets Under 60 Pounds
  • Storage Available: Yes
  • HOA Fees: 521
  • Condo Association: http://www.iwmhoa.com
  • Condo Association: http://Yes
  • Condo Garage Type: Attached
  • Condo Parking Space No: 24
  • Condo Rent Cap: Yes
  • Condo Unit Level: 2
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Cable TV, Commons, Exterior Maintenance, Trash, Gas, Insurance, Management, Sewer, Water, Gated, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 10342.52
  • Assessor Parcel Number: 05021814
  • 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

Listed on
Sep 16, 2021
Closed on
Sep 19, 2021
Sold by
Beckwith Dorothea T and Brown Andrea Louise
Bought by
Anderson Susie Lorretta
Seller's Agent
Margo Brown
Where Real Estate Collaborative
Buyer's Agent
Amy McMahon
Windermere Realty Trust
List Price
$820,000
Sold Price
$825,000
Premium/Discount to List
$5,000
0.61%
Current Estimated Value
$1,056,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,841
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Jun 20, 2013
Sold by
Beckwith Dorothea T
Bought by
Beckwith Dorothea T and Dorothea T Beckwith Trust

Purchase Details

Closed on
Sep 23, 2009
Sold by
555 Second Street Inc
Bought by
Beckwith Thomas L and Beckwith Dorothea T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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
Anderson Susie Lorretta $825,000 Fidelity Natl Ttl Co Of Or
Beckwith Dorothea T -- None Available
Beckwith Thomas L $580,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckwith Thomas L $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $825,000 +0.6% $584 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $820,000 -- $581 / 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 $12,197 $616,422 $0 $0
2022 $11,488 $598,468 $0 $0
2021 $10,609 $581,037 $0 $0
2020 $10,343 $564,114 $0 $0
2019 $10,088 $547,684 $0 $0
2018 $9,593 $531,732 $0 $0
2017 $9,256 $516,245 $0 $0
2016 $8,426 $501,209 $0 $0
2015 $8,140 $486,611 $0 $0
2014 $7,687 $472,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Margo Brown

    Where Real Estate Collaborative

    (503) 284-7755

    2 in this area

    35 Total Sales

    Margo Brown
    Section Image
  • Amy McMahon

    Buyer's Agent in 2021

    Amy McMahon

    Windermere Realty Trust

    (503) 309-3164

    1 in this area

    89 Total Sales

    Amy McMahon
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21291766

Regional Multiple Listing Service (RMLS)

APN: 05021814

Oregon Clackamas County Lake Oswego 97034 Evergreen

559 2nd St Unit 206, Lake Oswego, OR

This home is located at 559 2nd St Unit 206, Lake Oswego, OR 97034 since 16 September 2021 and is currently estimated at $1,056,841, approximately $748 per square foot. This property was built in 2007. 559 2nd St Unit 206 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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