A Mountain Retreat in the City! Nestled in the sought-after Westridge neighborhood this four-bedroom three-and-a-half-bath on Tolkien Lane is one of the last homes on the street that offers the opportunity to update and build your equity. Full of vintage charm, this home is a blank canvas for buyers eager to bring their vision to life. Sitting on a prime corner lot with gorgeous ceilings w/ exposed beams this home provides an inviting open atmosphere. The primary suite boasts a walk-in closet, vaulted ceilings, updated bathroom with dual sinks, and multi-head large shower. The primary suite upstairs is complemented by two additional bedrooms and a full bathroom. The loft is currently set up as an office, offers a fantastic workspace with an open and connected feel to the rest of the home. On the main level there's additional space at the front of the home perfect for a additional bedroom, guest room, or a quiet home office. Kitchen has true oak hardwoods. Just off the kitchen, there's a warm and inviting family room providing the perfect space for gathering. Downstairs, a spacious bonus area offers endless possibilities for a theater room, hobby space, or recreation area. Don’t miss the cedar sauna downstairs, a relaxing retreat—ideal for unwinding! Step outside to enjoy the secluded fenced backyard featuring a durable composite deck with retractable awning and hot tub perfect for entertaining. Lastly this home is in close proximity to Lakeridge High School, Lakeridge Middle School, and Westridge Elementary, making it a convenient choice for those who value accessibility to top-rated schools. It’s also just minutes from Cook’s Butte Park, a scenic escape where you can explore trails and enjoy nature. Don't miss this rare chance to make this home your own, schedule your showing today.
Sold
$995,000
2972 Tolkien Ln, Lake Oswego, OR 97034
4beds
3,673sqft
Residential, Single Family Residence
Built in 1981
0.35 Acres Lot
$988,000 Zestimate®
$271/sqft
$6,117 Estimated rent
Home value
$988,000
$929,000 - $1.05M
$6,117/mo
Zestimate® history
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List your homeWhat's special
Cedar saunaHot tubSecluded fenced backyardUpdated bathroomAdditional spaceWalk-in closetDurable composite deck
Zillow last checked:
Listing updated:
Listed by:
Stephen Heins 503-707-5777,
Heins Real Estate LLC
Bought with:
Drew Coleman, 200109070
Opt
Source: RMLS (OR),MLS#: 494685330
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Double Sinks, Suite, Vaulted Ceiling, Walkin Closet
- Level: Upper
- Area: 221
- Dimensions: 17 x 13
Bedroom 2
- Features: Closet
- Level: Upper
- Area: 140
- Dimensions: 10 x 14
Bedroom 3
- Features: Closet
- Level: Upper
- Area: 144
- Dimensions: 12 x 12
Bedroom 4
- Level: Main
- Area: 156
- Dimensions: 12 x 13
Dining room
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Family room
- Features: Beamed Ceilings, Wood Stove
- Level: Main
- Area: 400
- Dimensions: 20 x 20
Kitchen
- Features: Cook Island, Dishwasher, Garden Window, Builtin Oven, Free Standing Refrigerator
- Level: Main
- Area: 264
- Width: 11
Living room
- Features: Fireplace, Living Room Dining Room Combo, Vaulted Ceiling
- Level: Main
- Area: 255
- Dimensions: 15 x 17
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, Disposal, Free-Standing Refrigerator, Washer/Dryer
Features
- Central Vacuum, Granite, High Ceilings, Vaulted Ceiling(s), Sink, Closet, Beamed Ceilings, Cook Island, Living Room Dining Room Combo, Double Vanity, Suite, Walk-In Closet(s), Kitchen Island
- Flooring: Hardwood
- Windows: Vinyl Frames, Garden Window(s)
- Basement: Full
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 3,673
- Total interior livable area: 3,673 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck
- Has spa: Yes
- Spa features: Free Standing Hot Tub
- Fencing: Fenced
Lot
- Size: 0.35 Acres
- Features: Corner Lot, SqFt 15000 to 19999
Details
- Additional structures: ToolShed
- Parcel number: 00332633
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Tile
Condition
- Resale
- New construction: No
- Year built: 1981
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lake Oswego
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Sold | $995,000-2%$271/sqft |
Source:  RMLS (OR) #494685330 Report a problem | ||
| 6/23/2025 | Pending sale | $1,015,000$276/sqft |
Source: RMLS (OR) #494685330 Report a problem | ||
| 6/23/2025 | Price change | $1,015,000-3.3%$276/sqft |
Source: RMLS (OR) #494685330 Report a problem | ||
| 5/14/2025 | Listed for sale | $1,050,000+135.2%$286/sqft |
Source: RMLS (OR) #494685330 Report a problem | ||
| 11/11/2022 | Price change | $4,100-8.9%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/13/2022 | Listed for rent | $4,500$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 11/26/2003 | Sold | $446,500$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,983 +2.7% | $625,362 +3% |
| 2024 | $11,664 +3% | $607,148 +3% |
| 2023 | $11,321 +3.1% | $589,465 +3% |
| 2022 | $10,985 +8.3% | $572,297 +3% |
| 2021 | $10,145 +2.6% | $555,629 +3% |
| 2020 | $9,890 +2.5% | $539,446 +3% |
| 2019 | $9,647 +5.2% | $523,734 +3% |
| 2018 | $9,174 | $508,480 +3% |
| 2017 | $9,174 +13.9% | $493,670 +3% |
| 2016 | $8,057 | $479,291 +3% |
| 2015 | $8,057 +3.5% | $465,331 +3% |
| 2014 | $7,784 +7.1% | $451,778 +3% |
| 2013 | $7,266 +2.5% | $438,619 +3% |
| 2012 | $7,092 +0.2% | $425,844 +3% |
| 2011 | $7,080 +1.7% | $413,441 +3% |
| 2010 | $6,961 +1% | $401,399 +3% |
| 2009 | $6,889 +6.7% | $389,708 +3% |
| 2008 | $6,456 +4.6% | $378,357 +3% |
| 2007 | $6,171 +4.3% | $367,337 +3% |
| 2006 | $5,915 +0.3% | $356,638 +3% |
| 2005 | $5,897 +4.1% | $346,250 +3% |
| 2004 | $5,667 +4.9% | $336,165 +3% |
| 2003 | $5,405 +4.4% | $326,374 +3% |
| 2002 | $5,177 +1.9% | $316,868 +3% |
| 2001 | $5,081 +10.5% | $307,639 +3% |
| 2000 | $4,598 | $298,679 |
Find assessor info on the county website
Neighborhood: Palisades
Nearby schools
GreatSchools rating
- 10/10Westridge Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Lakeridge Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Lakeridge High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Westridge
- Middle: Lakeridge
- High: Lakeridge
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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Estimated market value
$988,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$988,000
- Oregon
- Clackamas County
- Lake Oswego
- 97034
- Palisades
- 2972 Tolkien Ln
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