West Linn Real Estate Market Activity — March 29 – April 4, 2010
Ron Ares April 6th, 2010
Presenting this week’s real estate activities for West Linn. A nice, healthy dose of pending sales in this report.
Newly Listed
| ADDRESS |
LIST PRICE
|
# BEDS
|
# BATHS
|
TOTAL SQ FT
|
$ PER SQ FT | TYPE OF HOME |
DATE LISTED
|
| 20910 FAWN CT | $148,900 | 2 | 2 | 1,068 | $139 | CONDO | 4/1/10 |
| 2075 SUNRAY CIR | $175,000 | 2 | 2.1 | 1,671 | $105 | ATTACHD | 3/30/10 |
| 2027 VIRGINIA LN | $175,000 | 3 | 2.1 | 1,314 | $133 | ATTACHD | 4/4/10 |
| 4875 WILLAMETTE FALLS DR | $185,000 | 2 | 1 | 1,260 | $147 | DETACHD | 4/1/10 |
| 6275 CLUBHOUSE CIR | $239,000 | 2 | 2 | 1,310 | $182 | CONDO | 4/2/10 |
| 1562 8TH ST | $248,000 | 3 | 1.1 | 1,352 | $183 | DETACHD | 3/31/10 |
| 2431 TULANE ST | $259,000 | 3 | 1.1 | 1,200 | $216 | DETACHD | 4/2/10 |
| 19451 WILDERNESS DR | $349,900 | 3 | 2 | 2,016 | $174 | DETACHD | 3/30/10 |
| 22881 OREGON CITY LOOP | $399,000 | 3 | 2 | 2,375 | $168 | DETACHD | 3/29/10 |
| 18183 UPPER MIDHILL DR | $448,500 | 3 | 3 | 3,204 | $140 | DETACHD | 4/3/10 |
| 6637 APOLLO RD | $449,000 | 4 | 2.1 | 3,538 | $127 | DETACHD | 3/29/10 |
| 3040 WINKEL WAY | $459,900 | 4 | 3 | 2,905 | $158 | DETACHD | 3/30/10 |
| 2060 ALPINE DR | $494,800 | 4 | 2.1 | 2,865 | $173 | DETACHD | 4/2/10 |
| 3491 COEUR D ALENE DR | $495,000 | 3 | 2.1 | 3,159 | $157 | DETACHD | 4/1/10 |
| 18490 HILLSIDE CT | $525,000 | 4 | 2.2 | 4,029 | $130 | DETACHD | 4/1/10 |
| 4035 S RIDGE CT | $749,900 | 5 | 3 | 4,118 | $182 | DETACHD | 4/2/10 |
| 21420 WILLAMETTE DR | $749,900 | 1 | 2 | 2,500 | $300 | DETACHD | 4/1/10 |
| 3404 CHELAN DR | $768,000 | 4 | 3.1 | 4,183 | $184 | DETACHD | 4/1/10 |
| 22400 MCKENZIE CT | $774,900 | 4 | 2.2 | 4,200 | $185 | DETACHD | 3/31/10 |
| 630 S ROSEMONT RD | $829,950 | 3 | 2.1 | 2,870 | $289 | DETACHD | 3/29/10 |
| AVERAGES | $446,183 | 2,557 | $174 |
Pending Sales
| ADDRESS |
LIST PRICE
|
TOTAL BEDS
|
TOTAL BATHS
|
TOTAL SQ FT |
$ PER SQ FT
|
TYPE OF HOME |
DOM
|
| 20030 MARIGOLD CT | $129,900 | 2 | 2 | 1,068 | $122 | CONDO | 33 |
| 2784 SUNSET AVE | $139,000 | 2 | 1 | 736 | $189 | DETACHD | 112 |
| 3355 Summerlinn DR | $145,900 | 1 | 1 | 883 | $165 | CONDO | 11 |
| 3850 SUMMERLINN DR | $179,900 | 2 | 2.1 | 1,418 | $127 | CONDO | 82 |
| 2191 HIDDEN SPRINGS CT | $229,000 | 4 | 3 | 2,534 | $90 | DETACHD | 276 |
| 6283 TACK CT | $334,850 | 3 | 2.1 | 1,862 | $180 | DETACHD | 10 |
| 18350 LOWER MIDHILL DR | $339,900 | 4 | 2 | 1,967 | $173 | DETACHD | 203 |
| 6351 PALOMINO WAY | $399,000 | 4 | 3 | 2,690 | $148 | DETACHD | 133 |
| 6106 CHURCHILL DOWNS DR | $399,850 | 4 | 2.1 | 3,199 | $125 | DETACHD | 227 |
| 3500 CHELAN DR | $450,000 | 3 | 3.1 | 2,977 | $151 | DETACHD | 10 |
| 1056 Epperly WAY | $459,900 | 3 | 3 | 2,486 | $185 | DETACHD | 211 |
| 4524 MAXFIELD DR | $494,900 | 4 | 2.1 | 3,139 | $158 | DETACHD | 101 |
| 21357 WATERFORD PL | $635,000 | 4 | 2.1 | 3,317 | $191 | DETACHD | 81 |
| AVERAGES | $333,623 | 2,175 | $154 | 115 |
Closed Sales
| ADDRESS | ORIGINAL PRICE | SOLD PRICE | % CHANGE | # BEDS |
# BATHS
|
TOTAL SQ FT |
$ PER SQ FT
|
TYPE OF HOME | DOM |
| 2422 SOUTHSLOPE WAY | $289,000 | $279,000 | -3% | 4 | 3 | 2,502 | $112 | DETACHD | 12 |
| 2112 BRIDLE WAY | $379,000 | $299,000 | -21% | 4 | 3 | 2,521 | $119 | DETACHD | 114 |
| 21305 MILES DR | $484,900 | $385,000 | -21% | 4 | 3 | 3,157 | $122 | DETACHD | 192 |
| 1070 Meek WAY | $482,875 | $430,000 | -11% | 4 | 3 | 2,595 | $166 | DETACHD | 372 |
| 21425 PARKVIEW TER | $593,950 | $556,000 | -6% | 5 | 2.1 | 3,612 | $154 | DETACHD | 128 |
| 2770 SW SCHAEFFER RD | $600,000 | $580,000 | -3% | 3 | 2.1 | 2,832 | $205 | DETACHD | 59 |
| 5122 GREGORY CT | $725,000 | $725,000 | 0% | 5 | 4 | 4,336 | $167 | DETACHD | |
| AVERAGES | $507,818 | $464,857 | -9% | 3,079 | $149 | 146 |
Criteria: Homes in the 97068 zip code, listed, ending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS ). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer.
Related posts:
Great to see lots of activity this week. Naturally most of it is in the sub-$500K range, but it is very encouraging to see this level of activity. I hope the market is able to sustain itself after April 30. Interest rates have also been rising the past week at a rate much quicker than I had anticipated. One question I had is on the sale of 5122 GREGORY CT at $725K. I didn’t see this house ever being on the market. How did this house sell ? Was it sold to the bank who owns the mortgage on the house ? (it was purchased for almost $1.1M in 2006). So, it ended up selling at $375K loss. How did this beautiful home sell without ever going to market ?
I know that the Gregory Ct House was never listed. It was a private sale. I know…big bummer! great house!
Yep, Aren appears to be correct. Just a private transaction entered into the multiple listing service for appraisal and comparison purposes.
Thanks everyone ! I appreciate the responses. It is definitely a beautiful home in a great neighborhood. I haven’t seen many homes go on sale in that area, so when one does hit the market, I can see it being snatched up. I think $725K for a home of that quality represents good value on the part of the buyer. Hope to see more sales activity this week