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Price cut: $48K (6/22)

$950,000

123 3rd St, Lake Oswego, OR 97034

2beds

1,205sqft

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Residential, Condominium

Built in 1998

-- sqft lot

$-- Zestimate^®

$788/sqft

$1,070/mo HOA

What's special

Gas fireplaceTwo covered decksCentral air conditioningHigh ceilingsCrown moldingStunning floor-to-ceiling windowsHardwood floors throughout

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.

29 days

846

18

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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: $788/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

Price history

Date	Event	Price
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

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