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    • Price cut: $25.1K (6/24)
    $699,900

    639 1st St, Lake Oswego, OR 97034

    2beds
    1,391sqft
    : 
    $4,858/mo
    Get pre-qualified
    Residential, Townhouse
    Built in 1989
    -- sqft lot
    $681,700 Zestimate®
    $503/sqft
    $-- HOA

    What's special

    Gas fireplaceVista viewsQuiet serene settingDouble door closetUtility sinkStunning sunrisesLinen closet
    New Price--reduced $25K. Now $699,900. PARK YOUR CAR IN THE GARAGE AND BEGIN TO WALK...We are the best priced 2 bedroom home in the desirable First Addition Lake Oswego, Oregon neighborhood. This townhome can service as your primary residence, weekend get away or an investment property. Again--NO HOA'S Located just a few blocks from the center of downtown in the sought-after Lake Oswego First Addition neighborhood. All that you could need is just blocks away. Shop local for all your home needs. The post office, restaurants, pharmacies, dentists and doctors are just blocks away. Enjoy stunning sunrises, vista views and the top half view of our iconic Mt. Hood. The location provides a quiet serene setting at the north end of the 6 unit building. It's ready for you to move right in and start living in the walkable neighborhood. The upper level has 2 bedrooms and 2 full bathrooms. The primary suite features a balcony showcasing our eastern views, full walk in shower bathroom, linen closet + double door closet. The main floor features hardwood floors, gas fireplace, balcony, living / dining room combo, kitchen, counter bar and 1/2 bath with your private balcony for your private outdoor comfort. A 1 car garage is attainable from the interior staircase with a utility sink, laundry and a additional 12 x 14 room for your extra living space. Approximately 1400 square feet. Live in and enjoy the most desirable neighborhood in Lake Oswego, Oregon. FIRST ADDITION!
    133 days
    |
    405
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer King 503-799-9027,

    Windermere Heritage

    Source: RMLS (OR),MLS#: 436777998MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Laundry, Bonus Room, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Balcony, Closet, Suite
      • Level: Upper
      • Area: 180
      • Dimensions: 12 x 15
      Bedroom 2
      • Features: Bathtub With Shower
      • Level: Upper
      • Area: 130
      • Dimensions: 13 x 10
      Dining room
      • Features: Hardwood Floors, Living Room Dining Room Combo
      • Level: Main
      • Area: 84
      • Dimensions: 12 x 7
      Family room
      • Level: Lower
      Kitchen
      • Features: Builtin Range, Dishwasher, Disposal, Hardwood Floors, Microwave, Free Standing Range
      • Level: Main
      Living room
      • Features: Balcony, Eat Bar, Fireplace, Hardwood Floors, Living Room Dining Room Combo
      • Level: Main
      • Area: 195
      • Dimensions: 13 x 15
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Built-In Range, Free-Standing Range, Gas Water Heater
      • Laundry: Laundry Room
      Features
      • High Ceilings, Closet, Bathtub With Shower, Living Room Dining Room Combo, Balcony, Eat Bar, Suite
      • Flooring: Hardwood, Wall to Wall Carpet
      • Windows: Double Pane Windows, Vinyl Frames
      • Basement: Finished,Other
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,391
      • Total interior livable area: 1,391 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off Street, On Street, Garage Door Opener, Attached
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 3
      • Patio & porch: Deck, Porch
      • Exterior features: Gas Hookup, Balcony
      • Has view: Yes
      • View description: Territorial
      Lot
      • Features: Level, SqFt 0K to 2999
      Details
      • Additional structures: GasHookup
      • Parcel number: 01412082

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Residential, Townhouse
      • Attached to another structure: Yes
      Materials
      • Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Gas: Gas Hookup, Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Sidewalk
      • Subdivision: First Addition
      HOA
      • Has HOA: No
      Location
      • Region: Lake Oswego

      Financial & listing details

      • Price per square foot: $503/sqft
      • Tax assessed value: $599,087
      • Annual tax amount: $5,409
      • Date on market: 3/12/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $681,700

        $648,000 - $716,000

        $2,914/mo

        Price history

        DateEventPrice
        6/24/2026Price change$699,900-3.5%$503/sqft
        Source: RMLS (OR) #436777998 Report a problem
        3/12/2026Listed for sale$725,000-3.3%$521/sqft
        Source: RMLS (OR) #436777998 Report a problem
        8/25/2025Listing removed$3,000$2/sqft
        Source: Zillow Rentals Report a problem
        8/4/2025Listed for rent$3,000+20%$2/sqft
        Source: Zillow Rentals Report a problem
        9/13/2024Listing removed$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        7/23/2024Price change$2,500-7.4%$2/sqft
        Source: Zillow Rentals Report a problem
        7/20/2024Price change$2,700-10%$2/sqft
        Source: Zillow Rentals Report a problem
        6/7/2024Listed for rent$3,000+20%$2/sqft
        Source: Zillow Rentals Report a problem
        10/13/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/29/2023Listed for rent$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        7/7/2022Sold$749,900$539/sqft
        Source: RMLS (OR) #22263258 Report a problem
        6/13/2022Pending sale$749,900$539/sqft
        Source: RMLS (OR) #22263258 Report a problem
        6/2/2022Listed for sale$749,900+341.4%$539/sqft
        Source: RMLS (OR) #22263258 Report a problem
        12/24/1996Sold$169,900$122/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,409 +2.7%$282,276 +3%
        2024$5,265 +3%$274,055 +3%
        2023$5,110 +3.1%$266,073 +3%
        2022$4,959 +8.3%$258,324 +3%
        2021$4,579 +2.6%$250,800 +3%
        2020$4,464 +2.5%$243,496 +3%
        2019$4,354 +5.2%$236,404 +3%
        2018$4,141 $229,518 +3%
        2017$4,141 +13.9%$222,833 +3%
        2016$3,637 $216,343 +3%
        2015$3,637 +3.5%$210,042 +3%
        2014$3,514 +3.2%$203,924 +3%
        2013$3,405 +2.9%$197,984 +3%
        2012$3,309 +3.5%$192,217 +3%
        2011$3,196 +1.7%$186,618 +3%
        2010$3,142 +1%$181,183 +3%
        2009$3,109 +6.7%$175,906 +3%
        2008$2,914 +4.6%$170,783 +3%
        2007$2,785 +4.3%$165,809 +3%
        2006$2,670 +0.3%$160,980 +3%
        2005$2,662 +4.1%$156,291 +3%
        2004$2,558 +4.9%$151,739 +3%
        2003$2,440 -47.8%$147,319 +3%
        2002$4,673 +103.8%$143,028 +3%
        2001$2,293 +10.5%$138,862 +3%
        2000$2,076 $134,817
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: First Addition-Forest Hills

        Getting around

        87 / 100
        Very Walkable
        35 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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