$1,158,000
SOLD FEB 24, 2023
2 Beds
2.5 Baths
1,659 Sq Ft
$845/mo HOA Fee

Recently Sold

$698 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

  • Custom Home
  • Mountain View
  • Wood Flooring
  • Forest Hills Elementary School Rated A
  • Vaulted Ceiling
  • 3-minute walk to Rossman Park

About This Home

As of July 2023

Don't miss this rare opportunity to own a beautiful 3rd floor flat in the coveted 555 Condo building. This gorgeous 2 bedroom, 2.1 bath condo offers lovely views of Mt. Hood, vaulted ceilings, wood floors, a gourmet kitchen, and amazing light-filled spaces. The friendly community provides a secure building along with the amenity-rich First Addition neighborhood with nearby restaurants, shops, and services. The primary bedroom has a large walk-in closet and bath with a soak tub and balcony.

Last Agent to Sell the Property

Linda Heinrichs

Keller Williams Realty Portland Premiere License #200304135 Listed on: 01/14/2023

Keller Williams Realty Portland Premiere

Last Buyer's Agent

Christy MacColl

Windermere Realty Trust License #200609271

Windermere Realty Trust

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,314

Year Built

  • Built in 2007

HOA Fees

  • $845 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Custom Home
  • Contemporary Architecture
  • Composition Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 1,659 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Mountain Views
  • Intercom Access

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Parking

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Gas Available
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Sprinkler System
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 05021824

Community Details

Overview

  • 30 Units
  • Invest West Management Association, Phone Number (360) 567-4347
  • First Addition 555 Condo Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Storage Space
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,314

Year Built

Built in 2007

Lot Details

0

HOA Fees

$845 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2007
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 3
  • CondominiumUnitsInComplex: 30
  • CondominiumWasherDryer: HookupAvailable
  • Open House: No
  • PublicRemarksCondominium: Very well-run association in the heart of First Addition. This secure and friendly community lives large and offers a safe walkable lifestyle in the beautiful city of Lake Oswego. Nearby restaurants, shopping, library, Senior Center and so much more
  • Room 11 Features: GasAppliances,HardwoodFloors,Island
  • Room 12 Features: Deck,Fireplace,GreatRoom,HardwoodFloors
  • Room 13 Features: Balcony
  • Room 9 Features: GreatRoom,HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleElevatorInstalled, AccessibleHallway, OneLevel, Parking
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: Elevator, GarageDoorOpener, Granite, HighCeilings, SoakingTub, Sprinkler, VaultedCeiling, WalltoWallCarpet, WasherDryer, WoodFloors
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, Granite, Island, Microwave, RangeHood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 4
  • Main Level Full Bathrooms: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • 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 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,Stone
  • Exterior Features: GasHookup, Patio
  • View: Yes
  • Lot Features: Commons, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • CondominiumGarageType: Attached
  • CondominiumParkingSpaceNo: 23
  • CondominiumParkingSpaceNo2: 25
  • CondominiumParkingTandemYN: No

Utilities

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

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gas, HotWater, Insurance, MaintenanceGrounds, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 845.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Michael Kallas
  • CondominiumAssociationEmail: mkallas@iwmhoa.com
  • CondominiumAssociationName: Invest West Management
  • CondominiumAssociationPhone: 360-567-4347
  • CondominiumAssociationURL: https://caliber.iwmhoa.com/CaliberWeb2_IWM
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Parcel #: 05021824

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 12314.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jun 26, 2023
Sold by
Buley Deborah Doyle
Bought by
Iwasaki Jeffrey and Iwasaki Donna
Seller's Agent
Lynda O'Neill
John L. Scott
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$1,250,000
Sold Price
$1,326,500
Premium/Discount to List
$76,500
6.12%
Views
33
Current Estimated Value
$1,256,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,062
Avg. Annual Appreciation
-1.43%

Purchase Details

Listed on
Jan 14, 2023
Closed on
Feb 3, 2023
Sold by
Hoogenstryd Robert
Bought by
Buley Deborah Doyle
Seller's Agent
Linda Heinrichs
Keller Williams Realty Portland Premiere
Buyer's Agent
Christy MacColl
Windermere Realty Trust
List Price
$1,200,000
Sold Price
$1,158,000
Premium/Discount to List
-$42,000
-3.5%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.97%

Purchase Details

Listed on
May 14, 2019
Closed on
Dec 3, 2019
Sold by
Browne Caroline Cooley
Bought by
Hoogenstryd Robert and Hoogenstryd Julie
Seller's Agent
Susan Stier
Windermere Realty Trust
Buyer's Agent
Linda Heinrichs
Keller Williams Realty Portland Premiere
List Price
$869,000
Sold Price
$769,500
Premium/Discount to List
-$99,500
-11.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$600,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
555 Second Street Inc
Bought by
Cooley Sue D and Sue D Cooley Trust
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 Type Sale Price Title Company
Warranty Deed $1,326,500 First American Title
Warranty Deed $1,158,000 --
Warranty Deed $769,500 Fidelity Natl Ttl Co Of Or
Warranty Deed $635,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $1,326,500 +6.1% $800 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $1,250,000 +7.9% $753 / Sq Ft
02/24/2023 02/24/23 Sold $1,158,000 -3.5% $698 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $1,200,000 +55.9% $723 / Sq Ft
12/05/2019 12/05/19 Sold $769,500 -2.5% $440 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/22/2019 10/22/19 Price Changed $789,000 -4.8% $451 / Sq Ft
08/21/2019 08/21/19 Price Changed $829,000 -4.6% $474 / Sq Ft
06/03/2019 06/03/19 For Sale $869,000 -- $497 / 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 $13,075 $680,592 -- --
2023 $13,075 $660,769 $0 $0
2022 $12,314 $641,524 $0 $0
2021 $11,372 $622,839 $0 $0
2020 $11,087 $604,699 $0 $0
2019 $10,814 $587,087 $0 $0
2018 $10,283 $569,987 $0 $0
2017 $9,922 $553,385 $0 $0
2016 $9,032 $537,267 $0 $0
2015 $8,723 $521,618 $0 $0
2014 $8,230 $506,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23439360

Regional Multiple Listing Service (RMLS)

APN: 05021824