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$1,499,000

Beds
4
Baths
2.5
sq ft
Unknown

16878 Canyon Dr, Lake Oswego, OR 97034

16878 Canyon Dr

Lake Oswego, OR 97034

  • 89 days on market
A homeowner's dream! A one of kind immaculate home in the heart of Lake Oswego. Boasting a casual elegance and amazing designs. A stunning contemporary house in the Palisades neighborhood. The main floor has a chef's gourmet kitchen with Jenn Air appliances, office/den, family room, elegant yet comfortable living room and large dining room. The upper level has 4 bedrooms, the primary suite is a dream, has its own deck/balcony and a spa in the bathroom for relaxation. You step outside the house to a nicely done patio and free-standing hot tub to enjoy. It also has access to Palisades Park Boat/Swim Easements/Community Pool and minutes away from the lake, shops, restaurants and downtown lake Oswego.

Details

Property type

Single Family Residence

Est. home value

$817,813

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1976

Annual property taxes

$6,810.81

HOA

No

Price History

10/25/2024
PortlandOR

PortlandOR #24373995

Listed
$1,499,000
+150.04%
10/23/2020
PortlandOR

PortlandOR #20049947

Sold
$599,500

Schools & Community

Neighborhood: 

Palisades

Elementary school: 

Westridge

Middle school: 

Lakeridge

High school: 

Lakeridge

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,309,628
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$69,452
Cash to seller
$1,309,628

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Market Inc

Loan start date

August 1999

Original loan amount

$209,500

Est. remaining balance

$69,452

Interest rate

7.58%

Loan type

Not Provided, 30 year

Seller

Philip H Summers and Elizabeth S Summers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/21/2025 at 9:10 PM

Listing updated: 01/21/2025 at 1:51 AM

Listed by: Cynthia Fneish, Networth Realty Of Portland Phone #: (503) 943-9612

MLS: PortlandOR #24373995

PortlandOR logo

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