1003 TERRACE DR $4,325,000

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    1003 TERRACE DR Lake Oswego, OR 97034

    Sold
    SOLD 5/4/2021

    $4,325,000

    • 5 Beds
    • 5.2 Baths
    • 7,428 sq. ft.
    • Residential
    • Listing# 21043254
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    Property Details

    Description

    Includes house at 1003 PLUS sep tax lot @ 1025 Terrace Drive, both w/beautiful views of lake. Stunning, Lot also lstd seprtly-RMLS 21113269. NW Contemporary ~ meticulously maintained! Frml LR & DR. FR/gourmet ktchn w/2 dshwshers, Sub-Zero, island cooking & huge pantry. Primary ste w/view, jetted tub, his&her wlk-ins & gym rm. 2 offices w/view, dnce/yoga studio, wine cellar, workshop, sportcourt, patio...Garage prkng/6 cars. 2 deeded boat slips, dock & electric tram. See Highlights list attached.

    • General Features
      • Accessibility Features Walk-in Shower,Garage on Main,Utility Room On Main
      • Accessibility Y/N Yes
      • Acres 0.72
      • Area Lake Oswego, West Linn
      • Bank Owned Y/N No
      • Total Bathrooms 5.2
      • Cooling Description Central Air
      • Country US
      • Fuel Description Gas
      • Heating Description Forced Air95+%
      • HOA Fee 5000
      • HOA Payment Freq Annually
      • Hoa Y/N Yes
      • Hot Water Description Gas,Recirculating
      • Interior Features Central Vacuum,Garage Door Opener,Hardwood Floors,Laundry,Sound System,Washer/Dryer,Wall to Wall Carpet,High Ceilings,High Speed Internet,Jetted Tub,Granite,Smart Light(s)
      • Senior Housing Y/N No
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 3
      • Style Craftsman,NW Contemporary
      • Subdivision Palisades Terrace
      • Supplement Number 1
      • Tax Amount 44003.00
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • View Type Lake,Trees/Woods
      • View Y/N Yes
      • Water Description Public
      • Waterfront Description Lake
      • WaterFrontYN Yes
      • Year Built 1996
    • Building Features
      • Basement Daylight,Finished,Storage Space
      • Basement1 Concrete Perimeter
      • Basement2 Wood Frames,Double Pane Windows
      • Exterior Description Cedar,Shingle Siding
      • Exterior Features Deck,Patio,Sprinkler,Dock,Second Garage,Athletic Court
      • Family Room Features Balcony,Built-in Features,Fireplace Insert,Family Room/Kitchen Combo,Wall to Wall Carpet,High Ceilings
      • Family Room Length 21
      • Family Room Level Main
      • Family Room SqFt 315
      • Family Room Width 15
      • Fireplace Description Gas
      • Fireplaces Total 3
      • Garage Or Parking Spaces 6
      • Garage Type Attached
      • Sq Ft Approximate Total 7428
      • SqFt LowerLevel Total 1558
      • SqFt MainLevel Total 3042
      • SqFt UpperLevel Total 2828
    • Room Features
      • 2nd Bedroom Features Suite,Walk in Closet,Wall to Wall Carpet
      • 3rd Bedroom Features Suite,Walk in Closet,Wall to Wall Carpet,Jetted Tub
      • Additional Room Features Balcony,Bathroom,Closet Organizer,French Doors,Storage,Suite,Washer/Dryer,Wall to Wall Carpet,Double Closet
      • 1 Bedroom 4
      • 1 Closet Organizer,Suite,Wall to Wall Carpet,Double Closet
      • 1 13
      • 1 Upper
      • 1 169
      • 1 13
      • 2 Balcony,Closet Organizer,French Doors,Wall to Wall Carpet
      • 2 Den
      • 2 14
      • 2 Main
      • 2 168
      • 2 12
      • 3 Laundry
      • 3 Bathroom,Closet Organizer,Storage,Washer/Dryer
      • 3 24
      • 3 Main
      • 3 144
      • 3 6
      • Additional Rooms Den,Laundry,Bedroom 4
      • All Room Features Balcony,Bathroom,Bay Window,Built-in Features,Closet Organizer,Cook Island,Eating Area,French Doors,Formal,Fireplace Insert,Family Room/Kitchen Combo,Gourmet Kitchen,Hardwood Floors,Pantry,Storage,Suite,Washer/Dryer,Walk in Closet,Wall to Wall Carpet,High Ceilings,Double Closet,Jetted Tub,Butler's Pantry,Granite,Shower,Double Sinks
      • 2 16
      • 2 Upper
      • 2 11
      • 2 176
      • 3 14
      • 3 Upper
      • 3 12
      • 3 168
      • Bedrooms 5
      • Dining Room Features Built-in Features,Formal,Hardwood Floors,Butler's Pantry,Granite
      • Dining Room Length 16
      • Dining Room Level Main
      • Dining Room SqFt 192
      • Dining Room Width 12
      • Full Bathrooms 5
      • Kitchen Appliances Appliance Garage,Microwave,Built-in Range,Built-in Refrigerator,Trash Compactor,Down Draft,Dishwasher,Disposal,Island,Pantry,Convection Oven,Granite
      • Kitchen Room Features Cook Island,Eating Area,Gourmet Kitchen,Hardwood Floors,Pantry,Granite
      • Kitchen Room Length 19
      • Kitchen Room Level Main
      • Kitchen Room SqFt 342
      • Kitchen Room Width 18
      • Legal Description 2972 THE TERRACE PT LTS 4&5
      • Limited Representation Y/N Full Service
      • Living Room Features Bay Window,Formal,Fireplace Insert,High Ceilings
      • Living Room Length 21
      • Living Room Level Main
      • Living Room SqFt 315
      • Living Room Width 15
      • Master Bedroom Features Fireplace Insert,Suite,Walk in Closet,Jetted Tub,Shower,Double Sinks
      • Master Bedroom Length 19
      • Master Bedroom Level Upper
      • Master Bedroom SqFt 323
      • Master Bedroom Width 17
      • Half Bathrooms 2
    • Property Features
      • Lot Description Level,Sloped,Trees,Bluff
      • Lot Size 20,000 SqFt to .99 Acres
      • Lot Size Dimension 0.34 + 0.38 = 0.72
      • Property Category Residential
      • Property Type Single Family Residence
      • Roof Type Other
    • Schools
      • Elementary School Hallinan
      • High School Lakeridge
      • Middle School Lakeridge

    Neighborhood

    97034 (Lake Oswego) Demographics

    48 Median Age
    2,607 Population Density (per sq. mile)
    75% College Educated
    $113,182 Estimated Median Income
    6,046 Estimated Total Home Owners
    1,862 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    19,165 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,080,000 Median Sales Price
    43 Homes Sold
    77 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        5/4/2021 12:00:00 AM Sold Source New Value: $4,325,000
        3/14/2021 6:36:09 PM Status Changed Source New Value: Pending
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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.