NOT LISTED FOR SALE

951 Lake Front Rd Lake Oswego, OR 97034

McVey-South Shore Neighborhood

Estimated Value: $2,533,000 - $3,667,000

3 Beds
2.5 Baths
1,713 Sq Ft
$1,879/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $1,245,000 $727 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $20,985/month

102 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Midcentury Modern Architecture
  • Hallinan Elementary School Rated A
  • Docks
  • Covered Deck

About This Home

As of April 2019

A true single level Mid Century Modern home on banks of Oswego Lake. The perfect penthouse alternative, built in 1957 with the "vibe" that everyone is trying to replicate in today's marketplace. Grand vaulted ceilings with exposed beams, tongue and groove woodwork and floor to ceiling windows to bring the outdoors in. Covered deck, newer dock and boat slip area all within a short distance from downtown Lake Oswego.

Last Agent to Sell the Property

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 12/07/2018

Co-Listed By

Errol Bradley

Harnish Company Realtors License #200505082

Last Buyer's Agent

Matthew Tercek

Real Broker License #201210228

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,104

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front
  • Property fronts an easement
  • Private Lot
  • Level Lot

HOA Fees

  • $5,000 One-Time Association Fee

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Membrane Roofing
  • Cedar

Interior Spaces

  • 1,713 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Lake Views
  • Crawl Space
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Docks
  • Covered Deck
  • Covered patio or porch

Schools

  • Hallinan Elementary School
  • Lakeridge Middle School
  • Lakeridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00265572

Community Details

Overview

  • $200 Monthly HOA Fees
  • Lake Corp Association, Phone Number (503) 636-1422
  • Oswego Lake Villas Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,104

Year Built

Built in 1957

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1957
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, MidCenturyModern
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: EatBar
  • Room 12 Features: Fireplace,GreatRoom
  • Room 13 Features: ClosetOrganizer
  • Room 7 Features: ClosetOrganizer
  • Room 8 Features: ClosetOrganizer
  • Room 9 Features: HardwoodFloors,LivingRoomDiningRoomCombo,Patio
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, Laundry, VaultedCeiling
  • Basement: CrawlSpace
  • Appliances: BuiltinOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, Granite, Microwave, PlumbedForIceMaker, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, WoodBurning
  • Fireplace: Yes
  • Association Contact: Jeff Ward
  • Main Level Full Bathrooms: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 150
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 108
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 63
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: CoveredDeck, CoveredPatio, Deck, Dock, Porch
  • Lot Size: 7,000 to 9,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Level, Private
  • Water Body Name: Oswego Lake
  • Waterfront Features: Lake
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Membrane
  • View: Lake

Garage/Parking

  • Garage Type: Attached,Carport
  • Parking Description: Carport, Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Amenities: BoatSlip, LakeEasement
  • Senior Community: No
  • Association #2 Fee: 2394.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 5000.0
  • Association Fee Frequency: OneTime
  • Association Name: Lake Corp
  • Phone: 503-636-1422
  • Association: Yes
  • Association Email: Jeff.ward@lakecorp.com

Association/Amenities

  • AssociationAddress: McVey
  • AssociationPendingLitigationYN: Yes
  • AssociationStatus: Active

Schools

  • Elementary School: Hallinan
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 00265572

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 17103.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
May 10, 2019
Sold by
Heck Daniel J and Heck Nancy
Bought by
Heck Daniel J and Heck Nancy M
Seller's Agent
Justin Harnish
Harnish Company Realtors
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$1,498,000
Sold Price
$1,245,000
Premium/Discount to List
-$253,000
-16.89%
Current Estimated Value
$3,219,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,974,415
Avg. Annual Appreciation
16.53%
Original Mortgage
$104,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 7, 2018
Closed on
Apr 16, 2019
Sold by
Wells Fargo Bank
Bought by
Heck Daniel J and Heck Nancy
Seller's Agent
Justin Harnish
Harnish Company Realtors
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$1,498,000
Sold Price
$1,245,000
Premium/Discount to List
-$253,000
-16.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 1995
Sold by
Tromp William J
Bought by
Tromp William J
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
Heck Daniel J -- None Available
Heck Daniel J $1,245,000 Wfg Title
Tromp William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heck Family Trust $200,000
Open Heck Daniel J $2,000,000
Closed Heck Daniel J $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $1,245,000 -16.9% $727 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $1,498,000 -- $874 / 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 $37,083 $1,234,920 $0 $0
2022 $20,481 $1,067,019 $0 $0
2021 $18,915 $1,035,941 $0 $0
2020 $18,440 $1,005,768 $0 $0
2019 $17,986 $976,474 $0 $0
2018 $17,104 $948,033 $0 $0
2017 $16,503 $920,420 $0 $0
2016 $15,022 $893,612 $0 $0
2015 $14,513 $867,584 $0 $0
2014 $14,326 $842,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Harnish

    Seller's Agent in 2019

    Justin Harnish

    Harnish Company Realtors

    (503) 699-8483

    13 in this area

    324 Total Sales

    Justin Harnish
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Errol Bradley

    Harnish Company Realtors

    (503) 807-1460

    12 in this area

    232 Total Sales

    Errol Bradley
    Section Image
  • Matthew Tercek

    Buyer's Agent in 2019

    Matthew Tercek

    Real Broker

    (503) 453-5815

    2 in this area

    204 Total Sales

    Matthew Tercek
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18395478

Regional Multiple Listing Service (RMLS)

APN: 00265572

Oregon Clackamas County Lake Oswego 97034 McVey-South Shore

951 Lake Front Rd, Lake Oswego, OR

This home is located at 951 Lake Front Rd, Lake Oswego, OR 97034 since 07 December 2018 and is currently estimated at $3,219,415, approximately $1,879 per square foot. This property was built in 1957. 951 Lake Front Rd is a home located in Clackamas County with nearby schools including Hallinan Elementary School, Lakeridge Middle School, and Lakeridge High School.

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