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$2,290,000

Beds
4
Baths
2.5
sq ft
4,128

17288 Blue Heron Rd, Lake Oswego, OR 97034

17288 Blue Heron Rd

Lake Oswego, OR 97034

  • 66 days on market
    • Price drop $260,000↓
This extensively remodeled showpiece sits at the intersection of art, modern design, and nature on a private acre featuring a live creek, two waterfalls, and a Japanese-inspired outdoor area with hiking trails and gardens. The home affords an enviable lifestyle with access to four lake easements, including Alder Point Club, Blue Heron, Maple Circle, Lakeview Recreation Club, and Oregon's top-rated school district. The kitchen features custom-designed white oak cabinetry and includes Bosch electric oven/gas stove, Miele speed microwave and espresso machine, and a Fisher & Paykel refrigerator with custom white oak paneling.  The built-in dining nook is open to a living room/family room space that is open, airy, and visually stunning, with year-long views of nature.  An additional living room features a Stuv-brand wood-burning stove imported from Europe, providing exterior access to a deck set among the trees.  The primary suite features an additional tree-top deck leading out to hiking trails.  The en suite bathroom has a white tiled walk-in shower with custom glass doors, white terrazzo tile flooring, mirrored medicine cabinets, and radiant floor heating with dual thermostats.  Three additional bedrooms with beautiful views of nature create a perfect family home. A freshly remodeled home office with custom slatted oak wall panels that are felted for sound-dampening and an exterior entrance is ideal for people who wish to see clients in-home. All systems are fully upgraded with new Rheem brand appliances, a water heater, two air conditioners, and two high-efficiency furnaces.

Details

Property type

Single Family Residence

Est. home value

$1,577,044

Property condition

Updated/Remodeled

Lot size

0.98 acres

Price per sq ft

$555

Year built

1981

Annual property taxes

$14,008.93

Price History

06/04/2024
PortlandOR

PortlandOR #24592781

Price change
$2,290,000
-10.2%
05/02/2024
PortlandOR

PortlandOR #24592781

Listed
$2,550,000
+142.86%
12/27/2021
PortlandOR

PortlandOR #20316476

Sold
$1,050,000

Schools & Community

Neighborhood: 

Blue Heron

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

$1,494,265
Asking price
$2,290,000
Closing costs (~8% of asking)
-$183,200
Est. remaining loan balance
-$612,535
Cash to seller
$1,494,265

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

December 2021

Original loan amount

$647,200

Est. remaining balance

$612,535

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Meline Khachatourian and Mesrop Michael Megrabyan

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: 07/07/2024 at 4:30 PM

Listing updated: 07/07/2024 at 2:19 AM

Listed by: Allison Williams, Windermere Realty Trust Phone #: (503) 636-5000

MLS: PortlandOR #24592781

PortlandOR logo

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