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SOLD 5/4/2021

1003 Terrace Dr, Lake Oswego, OR 97034$4,325,000

5
beds
6
baths
7428
ft2
$582 / ft2

Listing provided courtesy of Listing Broker: Louise Levin, RE/MAX Equity Group
Source RMLS;
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Includes house at 1003 PLUS sep tax lot @ 1025 Terrace Drive, both w/beautiful views of lake. Stunning, Lot also lstd seprtly-RMLS 21113269. NW Contemporary ~ meticulously maintained! Frml LR & DR. FR/gourmet ktchn w/2 dshwshers, Sub-Zero, island cooking & huge pantry. Primary ste w/view, jetted tub, his&her wlk-ins & gym rm. 2 offices w/view, dnce/yoga studio, wine cellar, workshop, sportcourt, patio...Garage prkng/6 cars. 2 deeded boat slips, dock & electric tram. See Highlights list attached.

HOA

$5000/month

On market

16 days

Year built

1996

Property type

Single Family Residence

Parking

6

MLS

21043254

Price / Sq.Ft.

$582 / ft2

Status

Sold

Home details for 1003 Terrace Dr

Interior Features & Layout
Appliances
•   
Kitchen Appliances: Appliance Garage, Microwave, Built-in Range, Built-in Refrigerator, Trash Compactor, Down Draft, Dishwasher, Disposal, Island, Pantry, Convection Oven, Granite
Interior Features
•   
Listing Office Id: EQTY40, Central Vacuum, Garage Door Opener, Hardwood Floors, Laundry, Sound System, Washer/Dryer, Wall to Wall Carpet, High Ceilings, High Speed Internet, Jetted Tub, Granite, Smart Light(s)
Rooms Info
•   
Living Room Location: Main
•   
Dining Room Level: Main
•   
Kitchen Location: Main
•   
Kitchen Features: Cook Island, Eating Area, Gourmet Kitchen, Hardwood Floors, Pantry, Granite
•   
Family Room Location: Main
Bedrooms Info
•   
Master Bed Level: Upper
Virtual Tour
•   
Virtual Tour Link
Bathrooms Info
•   
Half Baths (Main Level): 1
•   
Full Baths: 5
•   
Full Baths (Main Level): 1.1
•   
Half Baths: 2
•   
Full Baths (Upper Level): 3
•   
Half Baths (Upper Level): 1
Fireplace Info
•   
Fireplace Details: Gas
•   
Full Baths (Lower Level): 1
•   
Total Fireplaces: 3
Heating & Cooling
•   
Heating Details: Forced Air - 95+%
Exterior Features
•   
Exterior Features: Deck, Patio, Sprinkler, Dock, Second Garage, Athletic Court
Property, Lot, Community & Exterior Features
Community Features
•   
Internet Service Type: Cable, Wireless
•   
Association Amenities: Boat Slip, Lake Easement
Parking Info
•   
Parking Features: Driveway
Property Features
•   
View: Lake, Trees/Woods
Property Type
•   
Mls Prop Type: Single Family Residence
Building Info
•   
Window Features: Wood Frames, Double Pane Windows
•   
Building Exterior Details: Cedar, Shingle Siding
•   
Sqft Source: Tax Record
•   
Basement: Daylight, Finished, Storage Space
•   
Sqft Calculated: 5870
•   
Style: Craftsman, NW Contemporary
•   
Property Condition: Resale
•   
Roof: Other
•   
Foundation Details: Concrete Perimeter
•   
Mls Property Type: Residential
•   
Security Features: Security System Owned
Exterior Features
•   
Road Surface: Paved
Lot Info
•   
Lot Details: Level, Sloped, Trees, Bluff
•   
Legal Description: 2972 THE TERRACE PT LTS 4&5
•   
Lot Dimensions: 0.34 + 0.38 = 0.72
•   
Lot Size Area: 20, 000 SqFt to .99 Acres
Tax/Assessment Info
•   
Apn: 01503625
Utilities & Other Information
Water & Sewer Info
•   
Water Source: Public
•   
Hot Water: Gas, Recirculating
•   
Sewer: Public Sewer
•   
Water Company: Lake Oswego
Listing Details, Costs & Financing Information
Terms
•   
Terms: Cash, Conventional, Conventional
Listing Contacts
•   
Seller Disclosure: Disclosure
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 44003.00
Listing Info
•   
Status: Sold
School Neighborhood & Directions
School Info
•   
Elementary School: Hallinan
•   
High School: Lakeridge, Lake Oswego
•   
Middle School: Lakeridge
Location
•   
Area: Lake Oswego, West Linn
•   
Neighborhood: Palisades Terrace
•   
Directions: South Shore Blvd to Palisades Terrace Dr to L. on Terrace Drive
Other
Calculation
•   
Cdom: 227

Neighborhood snapshot

29
Properties for sale
5
Median days on market
$379.35
Median sold price/sqft
101.61%
Sold/List %
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Property History for 1003 Terrace Dr

05/04/2021
05/04/2021
RMLS #21043254
sold
RMLS #21043254
$4,325,000
+1.76%
03/14/2021
03/14/2021
RMLS #21043254
pending
RMLS #21043254
$4,250,000
02/25/2021
02/25/2021
RMLS #21043254
active
RMLS #21043254
$4,250,000
+672.73%
07/10/1995
07/10/1995
Public Record
sold
Public Record
$550,000

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5957
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