An exceptional opportunity to live in one of Lake Oswego’s most sought-after neighborhoods. Nestled in the heart of the iconic First Addition, this charming home offers unbeatable access to shopping, dining, parks, trails, the elementary school, public library, farmers market, and more—all just minutes away. The home features a welcoming covered front porch and a spacious main level with high ceilings, a formal living and dining room, and a bright kitchen with a cozy eating nook. Two main-level bedrooms share a Jack and Jill bathroom, and there’s also a dedicated home office for added functionality. Upstairs, you'll find a large vaulted non-conforming bedroom, a versatile bonus room, and a full bathroom with walk-in tile shower and skylight. A large unfinished basement includes laundry facilities and offers ample storage or potential for future expansion. Situated on a level 6,000-square-foot lot, the property also includes an oversized one-car garage with alley access. Whether you're looking to restore the home's original old-world charm, expand its footprint, or build new, the location and potential are truly unmatched.
Sold
$800,000
816 5th St, Lake Oswego, OR 97034
3beds
2,294sqft
Residential, Single Family Residence
Built in 1915
6,098.4 Square Feet Lot
$799,800 Zestimate®
$349/sqft
$4,281 Estimated rent
Home value
$799,800
$752,000 - $856,000
$4,281/mo
Zestimate® history
Owner options
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$4,281/mo
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$4,281/mo
Rent Zestimate®
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$4,803/mo
Est. payment
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$4,803/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Nancy Schmitz 503-481-1217,
Premiere Property Group, LLC
Bought with:
Mikayla Mason, 201220612
eXp Realty, LLC
Source: RMLS (OR),MLS#: 124418045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Features: Bathroom, Hardwood Floors, Vaulted Ceiling
- Level: Upper
- Area: 180
- Dimensions: 15 x 12
Bedroom 2
- Features: Closet, Shared Bath, Wallto Wall Carpet
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 3
- Features: Closet, Shared Bath, Wallto Wall Carpet
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Dining room
- Features: Bay Window, Living Room Dining Room Combo
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Kitchen
- Features: Dishwasher, Gas Appliances, Nook, Pantry, Builtin Oven, Wet Bar
- Level: Main
- Area: 156
- Width: 12
Living room
- Features: Exterior Entry, Living Room Dining Room Combo, Wallto Wall Carpet
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Office
- Features: Wallto Wall Carpet
- Level: Main
- Area: 64
- Dimensions: 8 x 8
Heating
- Forced Air
Appliances
- Included: Built In Oven, Dishwasher, Free-Standing Refrigerator, Gas Appliances, Range Hood, Washer/Dryer
Features
- High Speed Internet, Soaking Tub, Vaulted Ceiling(s), Closet, Shared Bath, Living Room Dining Room Combo, Nook, Pantry, Wet Bar, Bathroom, Tile
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Windows: Aluminum Frames, Double Pane Windows, Storm Window(s), Wood Frames, Bay Window(s)
- Basement: Unfinished
Interior area
- Total structure area: 2,294
- Total interior livable area: 2,294 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Off Street, Garage Door Opener, Attached, Oversized
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Yard, Exterior Entry
Lot
- Size: 6,098 sqft
- Features: Level, Private, SqFt 5000 to 6999
Details
- Parcel number: 00195032
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Shake Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1915
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Lake Oswego
- Subdivision: First Addition, 1st Addition
Other
Other facts
- Listing terms: Cash,Conventional,Rehab
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listing removed | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/12/2025 | Price change | $3,500-1.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/22/2025 | Listed for rent | $3,550$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/28/2025 | Sold | $800,000-5.8%$349/sqft |
Source:  RMLS (OR) #124418045 Report a problem | ||
| 7/3/2025 | Pending sale | $849,500$370/sqft |
Source: RMLS (OR) #124418045 Report a problem | ||
| 6/27/2025 | Price change | $849,500-5.1%$370/sqft |
Source: RMLS (OR) #124418045 Report a problem | ||
| 6/10/2025 | Listed for sale | $895,000$390/sqft |
Source: RMLS (OR) #124418045 Report a problem | ||
| 5/24/2025 | Pending sale | $895,000$390/sqft |
Source: RMLS (OR) #124418045 Report a problem | ||
| 5/20/2025 | Listed for sale | $895,000$390/sqft |
Source: RMLS (OR) #124418045 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,785 +2.7% | $301,917 +3% |
| 2024 | $5,631 +3% | $293,124 +3% |
| 2023 | $5,466 +3.1% | $284,587 +3% |
| 2022 | $5,304 +8.3% | $276,299 +3% |
| 2021 | $4,898 +2.6% | $268,252 +3% |
| 2020 | $4,775 +2.5% | $260,439 +3% |
| 2019 | $4,657 +5.2% | $252,854 +3% |
| 2018 | $4,429 | $245,489 +3% |
| 2017 | $4,429 +13.9% | $238,339 +3% |
| 2016 | $3,890 | $231,397 +3% |
| 2015 | $3,890 +3.5% | $224,657 +3% |
| 2014 | $3,758 +3.2% | $218,114 +3% |
| 2013 | $3,642 +2.9% | $211,761 +3% |
| 2012 | $3,539 +3.5% | $205,593 +3% |
| 2011 | $3,418 +1.7% | $199,605 +3% |
| 2010 | $3,361 +1% | $193,791 +3% |
| 2009 | $3,326 +6.7% | $188,147 +3% |
| 2008 | $3,117 +4.6% | $182,667 +3% |
| 2007 | $2,979 +4.3% | $177,347 +3% |
| 2006 | $2,856 +0.3% | $172,182 +3% |
| 2005 | $2,847 +4.1% | $167,167 +3% |
| 2004 | $2,736 +4.9% | $162,298 +3% |
| 2003 | $2,609 +4.4% | $157,571 +3% |
| 2002 | $2,499 +1.9% | $152,982 +3% |
| 2001 | $2,453 +10.5% | $148,526 +3% |
| 2000 | $2,220 | $144,200 |
Find assessor info on the county website
Neighborhood: First Addition-Forest Hills
Nearby schools
GreatSchools rating
- 9/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.7 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.7 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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Estimated market value
$799,800
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
$799,800
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