580 2nd St Unit 1 Lake Oswego, OR 97034
Evergreen NeighborhoodEstimated payment $5,859/month
Highlights
- City View
- Vaulted Ceiling
- Wood Flooring
- Forest Hills Elementary School Rated A
- Traditional Architecture
- 2-minute walk to Rossman Park
About This Home
Live & Work in Style in the Heart of Lake Oswego’s First AdditionThis fully remodeled end-unit townhome combines modern comfort, designer finishes, and exceptional walkability—just steps from dining, shops, and the lakefront. One of only eight end units in the community zoned for commercial use, this rare property offers true live/work flexibility with direct street and sidewalk access—perfect for a home-based business, storefront, or client-facing workspace.The entry level is purposefully designed for business or creative use, featuring a versatile flex/office space with Douglas Fir plywood paneling, custom steel and Oregon Walnut sash panels with wire glass, built-in LED lighting, and Marmoleum flooring with inlaid graphics. A Pedini cabinet, Hunter Douglas window coverings, half bath, and combo washer/dryer add functionality and style.Upstairs, the light-filled main level offers modern comfort with a steel-accented fireplace, Louis Poulsen lighting, and a designer kitchen outfitted with Pedini cabinetry, Cle tile, Silestone counters, a custom island, and reverse osmosis system. The top-floor suite provides a serene retreat with wool carpet, walnut doors with full-length mirrors, 2024 shower doors, and wood veneer sconces. A second half bath adds convenience.Additional highlights include multi-zone mini-split HVAC, enhanced insulation and plumbing, privacy windows, rare Mt. Hood views, and an oversized one-car garage.Whether you’re looking to run your business, welcome clients, or simply enjoy the modern lifestyle of Lake Oswego’s First Addition, this unique property offers it all.Don’t miss the chance to own one of the only live/work properties in this coveted neighborhood.
Listing Agent
MORE Realty Brokerage Phone: 971-335-8697 License #200506310 Listed on: 06/09/2025
Open House Schedule
-
Saturday, September 20, 20251:30 to 3:30 pm9/20/2025 1:30:00 PM +00:009/20/2025 3:30:00 PM +00:00Add to Calendar
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,323
Year Built
- Built in 2005 | Remodeled
HOA Fees
Parking
- 1 Car Detached Garage
- No Garage
- Oversized Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Shingle Siding
- Stucco Exterior
Interior Spaces
- 1,464 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Double Pane Windows
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Wood Flooring
- City Views
- Finished Basement
Kitchen
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Tile Countertops
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Patio
Schools
- Forest Hills Elementary School
- Lake Oswego Middle School
- Lake Oswego High School
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Gas Water Heater
- Water Purifier
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 05015596
Community Details
Overview
- Stafford Commons Townhouses Association, Phone Number (503) 598-0552
- On-Site Maintenance
Amenities
- Common Area
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,323 | $381,183 | -- | -- |
| 2023 | $7,323 | $370,081 | $0 | $0 |
| 2022 | $6,897 | $359,302 | $0 | $0 |
| 2021 | $6,369 | $348,837 | $0 | $0 |
| 2020 | $6,209 | $338,677 | $0 | $0 |
| 2019 | $6,057 | $328,813 | $0 | $0 |
| 2018 | $5,759 | $319,236 | $0 | $0 |
| 2017 | $5,557 | $309,938 | $0 | $0 |
| 2016 | $5,059 | $300,911 | $0 | $0 |
| 2015 | $4,887 | $292,147 | $0 | $0 |
| 2014 | $4,682 | $283,638 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $890,000 | -18.9% | $608 / Sq Ft |
| 06/09/2025 06/09/25 | For Sale | $1,098,000 | -- | $750 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $452,000 | Wfg Title | |
| Warranty Deed | $460,000 | Fidelity Natl Title Co Of Or |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $287,000 | Unknown |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 530505548
APN: 05015596
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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.
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