tomo logo

$775,000

Beds
4
Baths
2.5
sq ft
2,016

5316 Lower Dr, Lake Oswego, OR 97035

5316 Lower Dr

Lake Oswego, OR 97035

  • 58 days on market
Welcome to a home filled with natural light, offering a flexible and easy-flowing layout that adapts to your needs. With recent updates, including a brand new roof this summer, plus new HVAC in 2022 and central vac added in 2021. The home also features additional updates that have been thoughtfully maintained including bamboo floors, chef's kitchen, carpeting, decking, a patio and fencing. This home is ready for you to move in and enjoy. Nestled on a quiet dead-end street, you’ll love the peace and quiet, while still being just moments from parks, trails, restaurants, shopping, and easy access to I-5. Plus, it’s located in the sought-after Lake Oswego School District, serving two newly rebuilt schools—Rivergrove Elementary and Lakeridge Middle School. As a bonus, you’ll have access to three lake easements, with an optional transferable membership to Springbrook for the new owners. This is a home that fits every season and every lifestyle!"

Details

Property type

Single Family Residence

Est. home value

$818,818

Lot size

Unknown

Price per sq ft

$385

Year built

2003

Annual property taxes

$8,263.28

Price History

09/06/2024
PortlandOR

PortlandOR #24560784

Listed
$775,000
+12.81%
05/26/2021
PortlandOR

PortlandOR #21598419

Sold
$687,000
+22.68%
02/15/2019
PortlandOR

PortlandOR #18267809

Sold
$560,000

Schools & Community

Neighborhood: 

Bryant

Elementary school: 

River Grove

Middle school: 

Lakeridge

High school: 

Lakeridge

Seller’s Loan History

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

Lender

Summit Mortgage Corp

Loan start date

May 2021

Original loan amount

$548,250

Est. remaining balance

$508,492

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Lisabeth D Miller and Timothy John Welsh

Lender

Alaska Usa Fcu

Loan start date

May 2021

Original loan amount

$69,950

Est. remaining balance

Not provided

Interest rate

2.84%

Loan type

Credit Line (Revolving), 30 year

Seller

Lisabeth D Miller and Timothy John Welsh

Lender

Bank Of America Na

Loan start date

April 2016

Original loan amount

$128,500

Est. remaining balance

Not provided

Interest rate

2.83%

Loan type

Credit Line (Revolving), 30 year

Seller

Richard M Miller and Lisabeth Miller

Lender

Greenpoint Mortgage Funding Inc

Loan start date

February 2005

Original loan amount

$267,000

Est. remaining balance

$145,958

Interest rate

5.81%

Loan type

Not Provided, 30 year

Seller

Lisabeth Dubnow Miller and Richard Michael Miller

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: 11/03/2024 at 4:25 AM

Listing updated: 11/03/2024 at 1:10 AM

Listed by: Carey Blem, Windermere Realty Trust Phone #: (503) 636-5000

MLS: PortlandOR #24560784

PortlandOR logo

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