Welcome to 12850 Alto Park Road, a great opportunity to create your dream home in the heart of Lake Oswego. This generous 0.29-acre lot (12,632 sqft) offers the perfect canvas for your vision, situated in a sought-after neighborhood highlighted with Street of Dreams estates and high end custom properties. The current residence, a 1-level home built in 1953 with 1,147 sqft, provides canvas for you to design your ideal living space. Imagine crafting a custom home that complements your lifestyle, just steps away from all the amenities that make Lake Oswego so desirable. Enjoy proximity to New Seasons and an array of dining options including Little Big Burger, Flying Pie Pizzeria, and Hanko’s Sports Bar & Grill. Mercato Grove, Lake Owego’s newest shopping and dining, features trending retail and gourmet eateries to explore. Access to top-rated Lake Oswego schools, including access via Thoma Rd to a walking path to Lake Oswego High School. Enjoy both the Lake Grove and Lake Oswego Swim Parks, perfect for summer fun and relaxation. Whether you’re looking to build a modern masterpiece or a custom retreat, this lot offers the space and flexibility to turn your dreams into reality. Don’t miss this exceptional opportunity to own a slice of Lake Oswego’s prime real estate. Act now and start planning your future in this vibrant and desirable community! Home is occupied, please do not go on the property.
Property Details
Property Features
Listing Office:
Office Name: Avery Bunick Luxury Properties
Office Email: maryjo@averybunickproperties.com
Listing Agent: Mary Jo Avery
Exterior Features
Exterior Information:
View: Territorial
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: Knaus Rd, N-Alto Park, on corner
Price Information
Listing Price Info
Price Summary:
List Price: $799,900
Tax Information:
Annual Amount: $4,114
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lake Oswego, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 25, 2020
Sep 25, 2020Home Sold
$600,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,114
$246,545
2018
$3,815
$232,393
2017
$3,682
$225,624
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,465
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Stephenson Elementary School
2627 SW Stephenson St
Distance between this listing and this school0.66 miles
Public District Grades KG-5
8
/10
Forest Hills Elementary School
1133 Andrews Rd
Distance between this listing and this school1.23 miles
Public District Grades KG-5
8
/10
Oak Creek Elementary School
55 Kingsgate Rd
Distance between this listing and this school1.45 miles
Public District Grades KG-5
Nearby Schools
8
/10
Lake Oswego Junior High School
2500 Country Club Rd
Distance between this listing and this school0.58 miles
Public District Grades 6-8
5
/10
Jackson Middle School
10625 SW 35th Ave
Distance between this listing and this school1.35 miles
Public District Grades 6-8
8
/10
Riverdale Grade School
11733 S Breyman Ave
Distance between this listing and this school2.20 miles
Public District Grades KG-8
Nearby Schools
10
/10
Lake Oswego High School
2501 Country Club Rd
Distance between this listing and this school0.32 miles
Public District Grades 9-12
8
/10
Riverdale High School
9727 SW Terwilliger Blvd
Distance between this listing and this school1.74 miles
Public District Grades 9-12
9
/10
Lakeridge High School
1235 Overlook Dr
Distance between this listing and this school2.38 miles
The neighbors living near this home have an average income of $133,390. The most common annual income of people living in Lake Oswego, OR is $200k+. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12850 Alto Park Rd
What is the listing price of this property?
The listing price of 12850 Alto Park Rd property is $799,900.
What type of property is this?
The property 12850 Alto Park Rd is land located in Lake Oswego, Oregon, 97034.
Is this property for sale now?
Active Listing: 12850 Alto Park Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,114 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 25, 2020 for $600,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 12850 Alto Park Rd in Lake Oswego, OR and zip code 97034 in the Alto Park Acres neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $799,900.
Lake Oswego, OR housing market in October 2024 saw over 7 listings sold above listed price, more than 12 sold at listed price and over 38 sold below. The inventory of homes for sale in Lake Oswego, OR between September 2024 and October 2024 increased by 3.8%. While the average time on the market in October 2024 was 47 days, the median list price was $926,202.
From Rocket Homes Real Estate and based on county public records data.