2 months on rocket

875 Palisades Terrace Dr, Lake Oswego, OR, 97034

$875,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,181 SqFt
$401/SqFt
House
Schools Nearby

Location

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875 Palisades Terrace Dr, Lake Oswego$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Attached Garage2 spaces
Year Built1992
HeatingForced Air
CoolingCentral Air
FireplaceGas Fireplace
ViewTrees/Woods
MLS #24567797
StatusActive

About 875 Palisades Terrace Dr

This home checks all of the boxes...Great Neighborhood, Great Schools, Great Location (accessible to everything and near downtown LO, Parks, Schools, Shopping, Etc., Deeded Lake Access through South Shore Glen Easement, Formal LR, DR with vaulted ceilings, Open Family Room Kitchen with Built-in Nook Seating & New Gas Fireplace, Spacious Primary Suite with bathroom & Large Walk-in closet, two additional bedrooms and bathroom on upper level, Large Level Lot with expansive pavered patio and fire Pit in fully fenced backyard. There's even off street parking for 3 cars in addition to driveway and large 2 car garage. 1 Year New Roof, A/C 6 years old, New carpet & Paint interior, Newer stainless appliances. This is a fabulous opportunity. Don't wait on this one. Easy to Show.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Contemporary
  • Year Built: 1992
  • Stories: 2
  • Living Area: 2,181 SqFt

Listing Office:

  • Office Name: Eleete Real Estate
  • Office Phone: (503) 292-1500
  • Listing Agent: Pat Bangerter, Tiffany Walsh

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Basement: No
  • Flooring Type: Granite, Wood
  • Interior: Granite, High Ceilings, Laundry, Soaking Tub, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Fence, Fire Pit, Patio, Porch, Security Lights, Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lakeridge High School, Public District Grades 9-12
  • Lakeridge Junior High School, Public District Grades 6-8
  • Hallinan Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Southshore to Palisades Terrace Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $401/SqFt

Tax Information:

  • Annual Amount: $7,191
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Oswego, OR.

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Lake Oswego, OR

City

Med. Sold Price

$883K

Med. Price/SqFt

$389

Avg. Days On Market

30

# of Sold Homes

45

875 Palisades Terrace Dr vs Lake Oswego

82 DAYS ON ROCKET

+52 Days

$875,000

-$8K Less

$401/SqFt

+$12 More

KEY TAKEAWAY

This property is $8K less than the Median Sold Price and $12/SqFt more than other homes in Lake Oswego, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24567797

Listing Office:

  • Office Name: Eleete Real Estate
  • Office Phone: (503) 292-1500
  • Listing Agent: Pat Bangerter, Tiffany Walsh

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,191$392,206
2018$6,669$369,692
2017$6,436$358,924

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1039937
7
/10

  • Hallinan Elementary School

  • 16800 Hawthorne Dr

  • 1.00 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1039938
8
/10

  • Lakeridge Junior High School

  • 4700 Jean Rd

  • 2.16 miles

  • Public District Grades 6-8

High School

school-card-donut-1039939
9
/10

  • Lakeridge High School

  • 1235 Overlook Dr

  • 0.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $120,694. The majority of Lake Oswego, OR residents have income between $100k-200k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 875 Palisades Terrace Dr

What is the listing price of this property?

The listing price of 875 Palisades Terrace Dr property is $875,000.

What type of property is this?

The property 875 Palisades Terrace Dr is a house located in Lake Oswego, Oregon, 97034.

Is this property for sale now?

Active Listing: 875 Palisades Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 875 Palisades Terrace Dr are:
Hallinan Elementary School: GreatSchools Rating 7/10
Lakeridge Junior High School: GreatSchools Rating 8/10
Lakeridge High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,191 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 875 Palisades Terrace Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 875 Palisades Terrace Dr is 2,181 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 875 Palisades Terrace Dr is 1992.

Rocket Homes›Oregon›Clackamas County›Lake Oswego›97034›875 Palisades Terrace Dr

This home is located at 875 Palisades Terrace Dr in Lake Oswego, OR and zip code 97034 in the South Shore Glen neighborhood. This 2,181 square foot home was built in 1992. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 04, 2024 and is currently priced at $875,000.

Lake Oswego, OR housing market in March 2024 saw over 13 listings sold above listed price, more than 8 sold at listed price and over 24 sold below. In March 2024 in Lake Oswego, OR there were 13.2% more homes for sale than in February 2024. In March 2024 median list price was $883,000 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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