NOT LISTED FOR SALE

Estimated Value: $4,589,000 - $7,171,000

4 Beds
7 Baths
5,235 Sq Ft
$1,128/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $7,000,000 $1,337 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $36,621/month

110 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Heated Floors
  • Forest Hills Elementary School Rated A
  • Docks
  • Built-In Refrigerator

About This Home

As of October 2023

Exquisite and private waterfront estate with a rare 450 ft of waterfront peninsula, on majestic Lake Oswego main lake! This captivating lakefront home commands water views from almost every window. Welcome to your dreamlife oasis, nestled on over half an acre, and certainly one of the most spectacular properties of lake living on Lake Oswego! The lush grounds guide you throughout the elegant outdoor landscape, and inside, the home boasts character and elegance with its timeless design and luxurious amenities, setting the stage for extraordinary private living or the pinnacle of entertaining. Live a life of luxury and immerse yourself in the beauty of commanding Lake Oswego. Let your dreams become a reality!

Last Agent to Sell the Property

Lisa Hanna

Eleete Real Estate License #900800116 Listed on: 06/06/2023

Last Buyer's Agent

Lynda O'Neill

John L. Scott License #200407243

John L. Scott

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,338

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 0.57 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Gated Home
  • Sprinkler System
  • Private Yard
  • Garden

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Appliances in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • French Country Architecture
  • Shake Roof
  • Stucco Exterior
  • Cedar

Interior Spaces

  • 5,235 Sq Ft Home
  • 4-Story Property
  • Bookcases
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Lake Views
  • Finished Basement
  • Partial Basement
  • Security System Owned
  • Laundry Room

Kitchen

  • Butlers Pantry
  • Free-Standing Gas Range
  • Down Draft Cooktop
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Boathouse
  • Docks
  • 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
  • Radiant Heating System

Community Details

  • $7,500 One-Time Secondary Association Fee
  • Lake Corporation Association, Phone Number (503) 636-1422
  • Lo Waterfront Main Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00259641

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,338

Year Built

Built in 1934 | Remodeled

Lot Details

0

HOA Fees

$400 per month

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 4
  • Year Built: 1934
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CountryFrench
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Bookcases,Fireplace
  • Room 11 Features: GourmetKitchen,HardwoodFloors
  • Room 12 Features: Fireplace,FrenchDoors,HardwoodFloors
  • Room 13 Features: Bathroom,BayWindow,Fireplace
  • Room 7 Features: Bathroom
  • Room 8 Features: Bathroom
  • Room 9 Features: Formal,FrenchDoors
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 4.3
  • Fireplaces: 3
  • Interior Amenities: Floor3rd, GarageDoorOpener, HardwoodFloors, HeatedTileFloor, Laundry, TileFloor, WalltoWallCarpet, WoodFloors
  • Room 4 Description: Den
  • Room 4 Features: Bookcases
  • Room 4 Level: Upper
  • Room 5 Description: _4thBedroom
  • Room 5 Features: Bathroom
  • Room 5 Level: Lower
  • Room 6 Description: Office
  • Room 6 Level: Upper
  • Basement: Finished, PartialBasement
  • Appliances: ApplianceGarage, BuiltinRefrigerator, ButlersPantry, Dishwasher, Disposal, DownDraft, FreeStandingGasRange, InstantHotWater, Island, Microwave, Pantry, RangeHood, StainlessSteelAppliance, TrashCompactor
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas, WoodBurning
  • Fireplace: Yes
  • Association Contact: Jeff Ward
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 3
  • BathroomsPartialLowerLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.2
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 3.0
  • Lot Size Range: SqFt20000toAcres1
  • Other Room10 Area: 280
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 255
  • Bedroom 6 Area: 130
  • Bedroom 7 Area: 280
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 285
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,HardConcreteStucco
  • Exterior Features: BoatHouse, Dock, Garden, Patio, Sprinkler, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Cul_de_sac, Gated, Private
  • Road Surface Type: Paved
  • Water Body Name: Oswego Lake
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Shake
  • View: Lake

Garage/Parking

  • Garage Type: Attached,Detached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Recirculating
  • Security: SecuritySystemOwned
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: Ductless, Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 7500.0
  • Association #2 Fee Frequency: OneTime
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association Name: Lake Corporation
  • Phone: 503-636-1422
  • Association: Yes
  • Association Email: jeff.ward@lakecorp.com

Association/Amenities

  • AssociationAddress: 700 McVey Ave Lake Oswego, OR 97034
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

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

Lot Info

  • Farm: No
  • Lot Size Acres: 0.57
  • Lot Size: 24,947 sqft. appx
  • Lot Size Sq Ft: 24829.0
  • Parcel #: 00259641

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 55338.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Morissette Donald W and Morissette Alicia C
Bought by
Old Scholls Ferry Family Llc
Total Days on Market
110
Current Estimated Value
$5,902,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,150,000
Outstanding Balance
$7,103,824
Interest Rate
7.38%
Mortgage Type
Construction
Estimated Equity
-$1,201,174

Purchase Details

Listed on
Jun 6, 2023
Closed on
Nov 20, 2023
Sold by
Old Scholls Ferry Family Llc
Bought by
Morissette Donald W and Morissette Alicia C
Seller's Agent
Lisa Hanna
Eleete Real Estate
Buyer's Agent
Lynda O'Neill
John L. Scott
List Price
$8,950,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,950,000
-21.79%
Views
515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.05%
Original Mortgage
$4,000,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2023
Closed on
Nov 16, 2023
Sold by
Morissette Donald W and Morissette Alicia C
Bought by
Old Scholls Ferry Family Llc
Seller's Agent
Lisa Hanna
Eleete Real Estate
Buyer's Agent
Lynda O'Neill
John L. Scott
List Price
$8,950,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,950,000
-21.79%
Views
515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2023
Closed on
Oct 19, 2023
Sold by
Michael And Pamela Roach Family Trust
Bought by
Old Scholls Ferry Family Llc
Seller's Agent
Lisa Hanna
Eleete Real Estate
Buyer's Agent
Lynda O'Neill
John L. Scott
List Price
$8,950,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,950,000
-21.79%
Views
515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2021
Sold by
Roach Michael A and Roach Pamela S
Bought by
Roach Michael A and Roach Pamela S

Purchase Details

Closed on
Mar 7, 1997
Sold by
Burpee Mary E
Bought by
Roach Michael A and Roach Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.5%
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
Old Scholls Ferry Family Llc -- First American Title
Morissette Donald W -- None Listed On Document
Morissette Donald W -- None Listed On Document
Old Scholls Ferry Family Llc -- First American Title
Old Scholls Ferry Family Llc $7,000,000 Wfg Title
Roach Michael A -- None Available
Roach Michael A $1,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morissette Donald W $7,150,000
Previous Owner Morissette Donald W $4,000,000
Previous Owner Roach Michael A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $7,000,000 -21.8% $1,337 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $8,950,000 -- $1,710 / 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 $58,756 $2,969,431 $0 $0
2022 $55,338 $2,882,943 $0 $0
2021 $51,106 $2,798,974 $0 $0
2020 $49,822 $2,717,451 $0 $0
2019 $48,596 $2,638,302 $0 $0
2018 $46,212 $2,561,458 $0 $0
2017 $44,590 $2,486,852 $0 $0
2016 $40,588 $2,414,419 $0 $0
2015 $39,213 $2,344,096 $0 $0
2014 $38,707 $2,275,821 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23433376

Regional Multiple Listing Service (RMLS)

APN: 00259641