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Off market
    • $4,618,900

    1003 Terrace Dr, Lake Oswego, OR 97034

    5beds
    7,428sqft
    SingleFamily
    Built in 1996
    0.72 Acres Lot
    $4,618,900 Zestimate®
    $622/sqft
    $7,554 Estimated rent

    Home value

    $4,618,900

    $4.06M - $5.22M

    $7,554/mo

    Zestimate® history
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    $22,930/mo

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    $22,930/mo

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    What's special

    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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor
    • Laundry: Inside
    Features
    • Garage Door Opener, Pantry, Central Vacuum, Sound System, High Ceilings, Closet, Bedroom 4, High Speed Internet, Built-in Features, Office, Formal, Suite, Walk in Closet, Sprinkler, Shower, Eating Area, Double Closet, Cook Island, Gourmet Kitchen, Closet Organizer, Butler's Pantry, Family Room/Kitchen Combo, Bedroom 5, Double Sinks, Smart Light(s)
    • Flooring: Carpet, Hardwood
    • Windows: Double Pane Windows, Bay Window(s)
    • Basement: Full, Daylight, Storage Space
    • Has fireplace: Yes
    • Fireplace features: Gas, Insert
    Interior area
    • Structure area source: Tax Recrd
    • Total interior livable area: 7,428 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Handicap Access, Garage on Main
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Shingle (Not Wood)
    • Spa features: Jetted Tub
    • Waterfront features: Lake
    • Body of water: Lake Oswego
    Lot
    • Size: 0.72 Acres
    • Features: Level, Private, Sloped, Views
    Details
    • Parcel number: 01503625

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman, Custom Style
    Materials
    • Roof: Other
    Condition
    • Resale
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Cable Connected, Wireless

    Community & HOA

    Community
    • Security: Security System Owned
    HOA
    • Has HOA: Yes
    • HOA fee: $208 monthly
    Location
    • Region: Lake Oswego

    Financial & listing details

    • Price per square foot: $622/sqft
    • Tax assessed value: $4,341,657
    • Annual tax amount: $41,987
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/4/2021Sold$4,325,000+1.8%$582/sqft
    Source: RMLS (OR) #21043254 Report a problem
    3/11/2021Pending sale$4,250,000$572/sqft
    Source: RMLS (OR) #21043254 Report a problem
    2/25/2021Price change$4,250,000+21.4%$572/sqft
    Source: RMLS (OR) #21043254 Report a problem
    7/30/2020Listed for sale$3,500,000$471/sqft
    Source: RE/MAX Equity Group #20674122 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,987 +2.7%$2,191,135 +3%
    2024$40,867 +3%$2,127,316 +3%
    2023$39,667 +3.1%$2,065,356 +3%
    2022$38,490 +8.3%$2,005,200 +3%
    2021$35,546 +2.6%$1,946,797 +3%
    2020$34,653 +2.5%$1,890,095 +3%
    2019$33,801 +5.2%$1,835,044 +3%
    2018$32,142 $1,781,596 +3%
    2017$32,142 +13.9%$1,729,705 +3%
    2016$28,231 $1,679,325 +3%
    2015$28,231 +3.5%$1,630,413 +3%
    2014$27,274 +3.2%$1,582,925 +3%
    2013$26,433 +2.9%$1,536,820 +3%
    2012$25,687 +3.5%$1,492,058 +3%
    2011$24,808 +1.7%$1,448,600 +3%
    2010$24,389 +1%$1,406,408 +3%
    2009$24,136 +6.7%$1,365,445 +3%
    2008$22,621 +4.6%$1,325,675 +3%
    2007$21,622 +4.3%$1,287,063 +3%
    2006$20,724 +0.3%$1,249,576 +3%
    2005$20,663 +4.1%$1,213,181 +3%
    2004$19,857 +4.9%$1,177,846 +3%
    2003$18,936 -47.8%$1,143,540 +3%
    2002$36,276 +103.8%$1,110,233 +3%
    2001$17,801 +10.5%$1,077,896 +3%
    2000$16,112 $1,046,501
    Find assessor info on the county website

    Neighborhood: McVey-South Shore

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hallinan
    • Middle: Lakeridge
    • High: Lakeridge/Lake Oswego

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,618,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,618,900

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