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Off market
    • $3,561,500

    705 Terrace Dr, Lake Oswego, OR 97034

    4beds
    3,623sqft
    SingleFamily
    Built in 1954
    0.55 Acres Lot
    $3,561,500 Zestimate®
    $983/sqft
    $7,126 Estimated rent

    Home value

    $3,561,500

    $3.17M - $4.02M

    $7,126/mo

    Zestimate® history
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    $17,707/mo

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    $17,707/mo

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    What's special

    Beautiful remodeled Oswego Lake front home.Home features two master main floor suites, Open floor plan with panoramic lake views from most rooms.Gourmet kitchen & dining area with quartz & soapstone counters,large island, butler pantry, separate beverage & wine coolers. Cypress hardwood floors and much more.In home Savant system. Attached 4 car garage. Easy stroll to private dock & boat house.

    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: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Wet Bar, Garage Door Opener, Sound System, Vaulted Ceiling(s), Great Room, Beamed Ceilings, Fireplace, Soaking Tub, Washer/Dryer, Wood Floors, Bathroom, Laundry, Wall to Wall Carpet, Tile Floor, Built in Features, Quartz, Suite, Walk in Closet, Island, Gourmet Kitchen
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Wood Window-Double Paned
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Gas
    Interior area
    • Total interior livable area: 3,623 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    • Details: Driveway, Off Street
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Wood
    • Has spa: Yes
    • Spa features: Above Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake
    • Body of water: OSWEGO LAKE
    Lot
    • Size: 0.55 Acres
    • Features: Private, Sloped
    Details
    • Parcel number: 00250551

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    Materials
    • Roof: Composition
    Condition
    • Year built: 1954
    • Major remodel year: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Sprinkler
    HOA
    • Has HOA: Yes
    • Amenities included: Lake Easement
    • HOA fee: $187 monthly
    Location
    • Region: Lake Oswego

    Financial & listing details

    • Price per square foot: $983/sqft
    • Tax assessed value: $3,720,790
    • Annual tax amount: $36,852

    Price history

    DateEventPrice
    12/2/2019Sold$2,445,000-4.1%$675/sqft
    Source: RMLS (OR) #19269236 Report a problem
    10/23/2019Pending sale$2,549,000$704/sqft
    Source: Residential Realty Northwest #19269236 Report a problem
    10/4/2019Price change$2,549,000-1.8%$704/sqft
    Source: Residential Realty Northwest #19269236 Report a problem
    7/31/2019Price change$2,595,000-3.7%$716/sqft
    Source: Residential Realty Northwest #19269236 Report a problem
    6/30/2019Listed for sale$2,695,000+22.5%$744/sqft
    Source: Residential Realty Northwest #19269236 Report a problem
    7/11/2017Sold$2,200,000-8.1%$607/sqft
    Source: RMLS (OR) #17382706 Report a problem
    5/25/2017Pending sale$2,395,000$661/sqft
    Source: Harnish Properties #17382706 Report a problem
    4/28/2017Listed for sale$2,395,000+40.9%$661/sqft
    Source: Harnish Properties #17382706 Report a problem
    6/4/2014Sold$1,700,000-5.3%$469/sqft
    Source: RMLS (OR) #13352914 Report a problem
    4/26/2014Listed for sale$1,795,000$495/sqft
    Source: Harnish Properties #13352914 Report a problem
    12/11/2013Listing removed$1,795,000$495/sqft
    Source: Harnish Properties #13352914 Report a problem
    4/22/2013Listed for sale$1,795,000+8.8%$495/sqft
    Source: Harnish Properties #13352914 Report a problem
    8/4/2006Sold$1,650,000+88.6%$455/sqft
    Source: Public Record Report a problem
    10/31/2002Sold$875,000$242/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,852 +2.7%$1,923,169 +3%
    2024$35,870 +3%$1,867,155 +3%
    2023$34,816 +3.1%$1,812,772 +3%
    2022$33,783 +8.3%$1,759,973 +3%
    2021$31,199 +2.6%$1,708,712 +3%
    2020$30,415 +2.5%$1,658,944 +3%
    2019$29,667 +8.8%$1,610,626 +6.6%
    2018$27,257 $1,510,795 +3%
    2017$27,257 +13.9%$1,466,791 +3%
    2016$23,940 $1,424,069 +3%
    2015$23,940 +3.5%$1,382,591 +7.7%
    2014$23,129 +8.1%$1,283,747 +3%
    2013$21,386 +3.1%$1,246,356 +3%
    2012$20,740 +3.1%$1,210,054 +3%
    2011$20,119 +1.7%$1,174,810 +3%
    2010$19,779 +1%$1,140,592 +3%
    2009$19,574 +6.7%$1,107,371 +3%
    2008$18,345 +4.6%$1,075,117 +3%
    2007$17,535 +4.3%$1,043,803 +3%
    2006$16,807 +0.3%$1,013,401 +3%
    2005$16,758 +4.1%$983,884 +3%
    2004$16,104 +46.1%$955,227 +43.5%
    2003$11,021 +4.4%$665,537 +3%
    2002$10,556 +1.9%$646,152 +3%
    2001$10,360 +10.5%$627,332 +3%
    2000$9,377 $609,060
    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

    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
    $3,561,500
    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
    $3,561,500

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