Open Sunday 8/2 from 1-3pm! Condo living at its best with unbeatable views of Oswego Lake’s Lakewood Bay, just steps from downtown Lake Oswego. This beautifully updated upper-level end unit features 2 bedrooms, a den, and 2 full bathrooms. Enjoy hardwood floors throughout, high ceilings, stunning floor-to-ceiling windows, two covered decks, crown molding, a gas fireplace, and an updated kitchen with an island, quartz countertops, newer cabinetry, and stainless steel appliances. The spacious and tranquil primary suite offers lake views, a generous walk-in closet, and an updated bathroom with a walk-in shower. Additional highlights include two deeded parking spaces, extra storage, all appliances stay (including washer & dryer), central air conditioning and a secure building — all in the heart of downtown Lake Oswego.
Active
Price cut: $24K (8/5)
$875,000
123 3rd St, Lake Oswego, OR 97034
2beds
1,205sqft
Residential, Condominium
Built in 1998
-- sqft lot
$-- Zestimate®
$726/sqft
$1,070/mo HOA
What's special
Gas fireplaceTwo covered decksCentral air conditioningHigh ceilingsCrown moldingStunning floor-to-ceiling windowsHardwood floors throughout
- 74 days |
- 526 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Sara Lewis saralewis@windermere.com,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 164115510
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Den, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Builtin Features, Deck, Hardwood Floors, High Ceilings, Suite, Walkin Closet
- Level: Main
Bedroom 2
- Features: Builtin Features, Hardwood Floors, High Ceilings
- Level: Main
Dining room
- Features: Deck, Hardwood Floors, High Ceilings
- Level: Main
Kitchen
- Features: Dishwasher, Hardwood Floors, Island
- Level: Main
Living room
- Features: Deck, Fireplace, Hardwood Floors, High Ceilings
- Level: Main
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Appliances, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Quartz, Built-in Features, Kitchen Island, Suite, Walk-In Closet(s)
- Flooring: Bamboo, Hardwood
- Windows: Double Pane Windows, Vinyl Frames
- Fireplace features: Gas
Interior area
- Total structure area: 1,205
- Total interior livable area: 1,205 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered, Deeded, Condo Garage (Deeded), Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Main Floor Bedroom Bath, Minimal Steps, Utility Room On Main, Accessibility
Features
- Stories: 1
- Entry location: Upper Floor
- Patio & porch: Covered Deck, Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Features: Commons
Details
- Parcel number: 01814442
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
Materials
- Shingle Siding
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1998
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Condo Elevator
- Security: Entry, Fire Escape
HOA
- Has HOA: Yes
- Amenities included: All Landscaping, Commons, Exterior Maintenance, Front Yard Landscaping, Maintenance Grounds, Management, Sewer, Trash, Water
- HOA fee: $1,070 monthly
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $726/sqft
- Tax assessed value: $603,600
- Annual tax amount: $7,393
- Date on market: 6/6/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $875,000-2.7%$726/sqft |
Source:  RMLS (OR) #164115510 Report a problem | ||
| 7/16/2026 | Price change | $899,000-5.4%$746/sqft |
Source: RMLS (OR) #164115510 Report a problem | ||
| 6/22/2026 | Price change | $950,000-4.8%$788/sqft |
Source: RMLS (OR) #164115510 Report a problem | ||
| 6/6/2026 | Listed for sale | $998,000+126.8%$828/sqft |
Source: RMLS (OR) #164115510 Report a problem | ||
| 1/15/2016 | Sold | $440,000+9.2%$365/sqft |
Source: RMLS (OR) #15230186 Report a problem | ||
| 10/19/2006 | Sold | $403,000+55%$334/sqft |
Source: Public Record Report a problem | ||
| 7/29/1998 | Sold | $259,950$216/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,394 +2.7% | $385,858 +3% |
| 2024 | $7,197 +3% | $374,620 +3% |
| 2023 | $6,985 +3.1% | $363,709 +3% |
| 2022 | $6,778 +8.3% | $353,116 +3% |
| 2021 | $6,260 +2.6% | $342,832 +3% |
| 2020 | $6,102 +2.5% | $332,847 +3% |
| 2019 | $5,952 +5.2% | $323,153 +3% |
| 2018 | $5,660 | $313,741 +3% |
| 2017 | $5,660 +13.9% | $304,603 +3% |
| 2016 | $4,971 | $295,731 +3% |
| 2015 | $4,971 +6.6% | $287,117 +3% |
| 2014 | $4,663 +26.1% | $278,754 +20.1% |
| 2013 | $3,699 +0.9% | $232,080 +0.9% |
| 2012 | $3,667 -7% | $229,980 -7.5% |
| 2011 | $3,941 -12% | $248,500 -8.2% |
| 2010 | $4,481 -3.5% | $270,635 +3% |
| 2009 | $4,644 +29.1% | $262,752 +15.9% |
| 2008 | $3,599 +2.9% | $226,663 +3% |
| 2007 | $3,497 +19.5% | $220,061 +15.9% |
| 2006 | $2,927 +9.6% | $189,810 +11.9% |
| 2005 | $2,669 +10.8% | $169,570 +10.9% |
| 2004 | $2,410 -33.9% | $152,850 -30.5% |
| 2003 | $3,644 +4.4% | $220,061 +3% |
| 2002 | $3,490 +2.3% | $213,651 +3% |
| 2001 | $3,414 +10.1% | $207,428 +3% |
| 2000 | $3,101 | $201,386 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Evergreen
Nearby schools
GreatSchools rating
- 9/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.8 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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