As a Buyers Agent I often get calls about Lake Oswego because they have the highest rated school district in the state. Families with children are often willing to make sacrifices to get their children into these schools. Since homes in Lake Oswego are expensive compared to the rest of the Portland Metro area (Average sales price $486,300), condos and townhouses may be the only option for a less expensive home in Lake Oswego.
The majority of condos are located in Mt. Park. They are large multi-story buildings built in the late 70′s and a few have amazing views. Some have pools and rec
centers but not all. These amenities add to the monthly HOA (Homeowner Assoc) dues and may not be worth paying for since Mt. Park as a community, has two pools and a rec center which services the entire area. Dues for the Mt. Park HOA’s are mandatory and cost about $35-$40 per month. Monthly HOA dues vary from around $230 to $380 per month making HOA’s an important factor in choosing a condo. Property taxes range from around $1800 to $2400 per year.
Other condos are available around the city and on the lake. There are some impressive new townhomes in downtown Lake Oswego right on the esplanade. These are being offered for sale or a lease/option and are priced just under $400K. This location would allow an owner to do just about everything without the use of a car.
Condos are available in all sizes from the simple one bedroom (650 SF) to a large three bedroom two bath (1400 SF). Currently there are a number of condos for sale under $125k. Some of these are short sales so the price may not be obtainable. The majority are priced between $150-$250k. With condo financing becoming increasingly difficult, I expect the condo market to be very soft for the next few years.
Showing properties
1 - 20 of 33.
See more city of Lake Oswego real estate.
(all data current as of
5/23/2012)
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$101,000 : 4000 Carman DR ,Unit 21, Lake Oswego2 beds, 2 full baths
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$105,000 : 86 Kingsgate RD ,Unit C-204, Lake Oswego2 beds, 2 full baths
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$107,000 : 668 Mcvey AVE ,Unit 15, Lake Oswego1 bed, 1 full bath
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$110,000 : 218 Ridgeway RD, Lake Oswego2 beds, 1 full bath
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$115,000 : 4650 Lower DR, Lake Oswego2 beds, 1 full, 1 part baths
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$119,000 : 6930 Montauk CIR, Lake Oswego2 beds, 1 full bath
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$119,900 : 203 Cervantes, Lake Oswego2 beds, 2 full baths
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$119,900 : 4 Touchstone ,Unit 123, Lake Oswego3 beds, 2 full, 1 part baths
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$119,900 : 4000 Carman DR ,Unit 107, Lake Oswego3 beds, 2 full baths
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$120,000 : 172 Oswego Smt, Lake Oswego2 beds, 2 full baths
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$124,900 : 88 Cervantes CIR ,Unit 10A, Lake Oswego2 beds, 1 full, 1 part baths
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$129,000 : 298 Cervantes, Lake Oswego2 beds, 2 full, 1 part baths
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$129,500 : 16250 Pacific HWY ,Unit 45, Lake Oswego2 beds, 2 full baths
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$134,900 : 3958 Carman DR, Lake Oswego2 beds, 2 full, 1 part baths
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$135,000 : 79 Galen ST, Lake Oswego2 beds, 2 full baths
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$135,000 : 750 1st ST ,Unit 32, Lake Oswego1 bed, 1 full bath
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$138,000 : 668 Mcvey AVE ,Unit 75, Lake Oswego1 bed, 1 full bath
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$139,000 : 67 Oswego Smt ,Unit 67, Lake Oswego2 beds, 2 full baths
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$139,500 : 285 Cervantes, Lake Oswego3 beds, 1 full, 1 part baths
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$145,000 : 4 Touchstone ,Unit 69, Lake Oswego3 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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