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
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city of Lake Oswego real estate.
(all data current as of
7/30/2010)
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$100,000 : 3433 Mcnary Pkwy #402, Lake Oswego2 beds, 2 full, 1 part bathsSize: 1,208 sq ftLot size: n/a
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$115,000 : 100 Kerr Pkwy #42, Lake Oswego2 beds, 1 full, 1 part bathsSize: 822 sq ftLot size: n/a
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$115,000 : 512 S State St, Lake Oswego1 beds, 1 full bathSize: 829 sq ftLot size: n/a
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$116,000 : 41 Oswego Smt, Lake Oswego1 beds, 1 full bathSize: 764 sq ftLot size: n/a
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$117,500 : 510 S State St, Lake Oswego1 beds, 1 full bathSize: 829 sq ftLot size: n/a
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$118,000 : 86 Kingsgate Rd #82, Lake Oswego2 beds, 2 full bathsSize: 840 sq ftLot size: n/a
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$119,000 : 91 Galen St, Lake Oswego1 beds, 1 full bathSize: 680 sq ftLot size: n/a
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$119,888 : 77 Galen St, Lake Oswego2 beds, 2 full bathsSize: 995 sq ftLot size: n/a
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$119,900 : 4000 Carman Dr #19, Lake Oswego1 beds, 1 full bathSize: 836 sq ftLot size: n/a
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$119,900 : 243 Cervantes Cir, Lake Oswego2 beds, 2 full bathsSize: 1,292 sq ftLot size: n/a
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$119,900 : 45 Eagle Crest Dr #320, Lake Oswego1 beds, 1 full bathSize: 768 sq ftLot size: n/a
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$119,900 : 3930 Lake Grove Ave #4a, Lake Oswego2 beds, 1 full bathSize: 952 sq ftLot size: n/a
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$119,900 : 4638 Lower Dr, Lake Oswego2 beds, 1 full, 1 part bathsSize: 1,260 sq ftLot size: n/a
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$120,000 : 668 Mcvey Ave #14, Lake Oswego1 beds, 1 full bathSize: 627 sq ftLot size: n/a
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$120,000 : 86 Kingsgate Rd #F106, Lake Oswego2 beds, 2 full bathsSize: 849 sq ftLot size: n/a
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$124,500 : 4000 Carman Dr #A-5, Lake Oswego2 beds, 2 full bathsSize: 973 sq ftLot size: n/a
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$124,888 : 54 Galen St, Lake Oswego2 beds, 2 full bathsSize: 995 sq ftLot size: n/a
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$125,000 : 4 Touchstone #67, Lake Oswego2 beds, 2 full bathsSize: 984 sq ftLot size: n/a
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$127,000 : 4000 Carman Dr #23, Lake Oswego2 beds, 2 full bathsSize: 866 sq ftLot size: n/a
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$129,000 : 4000 Carman Dr #85, Lake Oswego2 beds, 2 full bathsSize: 834 sq ftLot size: n/a
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