1 year on rocket

5140 Lower Dr, Lake Oswego, OR, 97035

$899,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,706 SqFt
$527/SqFt
House
Schools Nearby

Location

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5140 Lower Dr, Lake Oswego$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage2 spaces
Year Built1920
HeatingForced Air
CoolingWindow Unit(s)
ViewTrees/Woods
MLS #22525263
Lot Size0.82 Acres
StatusActive

About 5140 Lower Dr

First time on the market! Located on a dead end road, this impeccably fully remodeled home features custom finishes and sits on nearly an acre of land. This 3bedroom/2 full bathroom home has a 2-car garage- giving you 1,706 sq ft. of spacious elegance, beautiful maple hardwood floors, and modern gourmet kitchen with granite countertops. Situated minutes from all, restaurants, City Park and schools. To many updates, ask to see amenities list!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Ranch
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,706 SqFt

Listing Office:

  • Office Name: Equity Oregon Real Estate
  • Office Phone: (503) 780-3239
  • Listing Agent: Dominika Boianoff

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Basement: No
  • Flooring Type: Hardwood, Wood
  • Interior: Granite, High Ceilings, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Deck, Smart Light(s), Tool Shed, Yard

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Private, Trees
  • Lot Size: 0.82 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: from Pilkington, L Rosewood Way, L Tualatin, L on Lower Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900
  • Price Per SqFt: $527/SqFt

Tax Information:

  • Annual Amount: $5,972
  • 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

$888.6K

Med. Price/SqFt

$384

Avg. Days On Market

42

# of Sold Homes

72

5140 Lower Dr vs Lake Oswego

616 DAYS ON ROCKET

+574 Days

$899,900

+$11.2K More

$527/SqFt

+$142 More

KEY TAKEAWAY

This property is $11.2K more than the Median Sold Price and $142/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: #22525263

Listing Office:

  • Office Name: Equity Oregon Real Estate
  • Office Phone: (503) 780-3239
  • Listing Agent: Dominika Boianoff

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: 5/10/2024, 3:20:55 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$5,972$324,990
2018$5,539$306,335
2017$5,345$297,413

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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-9649964
7
/10

  • River Grove Elementary School

  • 5850 Mcewan Rd

  • 1.00 miles

  • Public District Grades KG-5

Middle School

school-card-donut-9649965
8
/10

  • Lakeridge Junior High School

  • 4700 Jean Rd

  • 0.46 miles

  • Public District Grades 6-8

High School

school-card-donut-9649966
9
/10

  • Lakeridge High School

  • 1235 Overlook Dr

  • 1.79 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 $62,028. Typical income of Lake Oswego, OR residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5140 Lower Dr

What is the listing price of this property?

The listing price of 5140 Lower Dr property is $899,900.

What type of property is this?

The property 5140 Lower Dr is a house located in Lake Oswego, Oregon, 97035.

Is this property for sale now?

Active Listing: 5140 Lower 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 5140 Lower Dr are:
River Grove 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 $5,972 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5140 Lower Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5140 Lower Dr is 1,706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5140 Lower Dr is 1920.

Rocket Homes›Oregon›Clackamas County›Lake Oswego›97035›5140 Lower Dr

This home is located at 5140 Lower Dr in Lake Oswego, OR and zip code 97035. This 1,706 square foot home, which was built in 1920, sits on a 0.82 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 01, 2022 and is currently priced at $899,900.

In April 2024, from all listings sold in Lake Oswego, OR there were more than 16 sold above asking price, over 41 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Lake Oswego, OR increased by 12.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $888,666, while the average time on the real estate market was 42 days.

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

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