4 months on rocket

1720 Fernwood Dr, Lake Oswego, OR, 97034

$2,249,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
3,853 SqFt
$584/SqFt
House

Location

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1720 Fernwood Dr, Lake Oswego$2,249,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingENERGY STAR Qualified Equipment, Forced Air
CoolingCentral Air
FireplaceGas Fireplace
MLS #24066546
Lot Size0.27 Acres
StatusActive

About 1720 Fernwood Dr

Proudly presented by the winning-most Builder of ALL Street of Dreams; w/ 54 individual awards & 9 Best of Show Awards. This is a Street Of Dreams quality home, with coveted Lake Oswego Schools. The home boasts 3853 luxurious square feet w/ 4 bedrooms & 4 bathrooms & a 3-car garage. Nestled in Lake Oswego's Palisades Community, this home is in a perfect commute location w/ easy access to Highway 43 or Interstate 205. Some of the incredible features included in this home are as follows: Professional grade appliances which include a 36-inch cabinet matching, paneled refrigerator, stainless steel 36-inch gas cooktop, double convection wall ovens, dishwasher, a 1000-watt microwave drawer, and a 57-bottle wine reserve. The kitchen proudly wears polished Quartz Tarmonto on the Island with quartz countertops and a decorative tile backsplash. The Kitchen cabinets have been extended up to the 10-foot ceilings & includes decorative floating shelves. The Great Room is home to a floor-to-ceiling Contemporary style, 42-inch gas fireplace w/ built-in cabinets on each side & a rift-cut Oak mantle. There's a 12-foot "glass wall" stacking slider that gives way to the outdoor covered living area w/ two ceiling mounted electric heaters & a second gas fireplace. The main floor is also home to a Pocket Office, a Den, a full bathroom, a dedicated BBQ porch & a Mud Room space. Upstairs you'll find three generously sized bedrooms, an oversized laundry room, a spacious Media Room & an elegant Primary Bedroom Suite. The spa-like Primary Bathroom has an oversized, mud-set decorative tile shower w/ a free-standing tub (with tiled wainscot). You'll also find heated tile floors & a heated towel rack & an oversized walk-in closet w/ built-in organizers. For convenience & comfort, the home includes 13 SEER High-Efficiency A/C with a 95% Efficient Furnace in addition to pre-wired car charger & Central vac-system. Estimated completion late November 2024. Eligible for Greentree Community Pool.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Farmhouse
  • Year Built: 2024
  • Stories: 2
  • Living Area: 3,853 SqFt

Listing Office:

  • Office Name: Renaissance Development Corp.
  • Office Phone: (503) 636-5600
  • Listing Agent: Paul Wells, Amanda Andruss

Interior Features

Interior Information:

  • Appliances: Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Microwave, Range Hood, Wine Cooler
  • Basement: No
  • Flooring Type: Heated Tile, Tile
  • Interior: Engineered Hardwood, High Ceilings, Laundry, Plumbed For Central Vacuum, Quartz, Vaulted Ceiling(s), Wall to Wall Carpet
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Covered Patio, Fence, Gas Hookup, Outdoor Fireplace, Porch, Sprinklers, Yard

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lakeridge High School, Public District Grades 9-12
  • Lakeridge Junior High School, Public District Grades 6-8
  • Hallinan Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South Shore Blvd to Fernwood Dr. South on Fernwood to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,249,900
  • Price Per SqFt: $584/SqFt

Tax Information:

  • Annual Amount: $4,171
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Oswego, OR.

Med. Sold Price

$926.2K

Med. Price/SqFt

$394

Avg. Days On Market

47

# of Sold Homes

57

1720 Fernwood Dr vs Lake Oswego

133 DAYS ON ROCKET

+86 Days

$2,249,900

+$1.3M More

$584/SqFt

+$189 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $189/SqFt more than other homes in Lake Oswego, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24066546

Listing Office:

  • Office Name: Renaissance Development Corp.
  • Office Phone: (503) 636-5600
  • Listing Agent: Paul Wells, Amanda Andruss

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

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: 11/5/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,171$226,953
2018$3,868$213,925
2017$3,733$207,694

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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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.

Elementary School

school-card-donut-2151350
7
/10
  • Hallinan Elementary School

  • 16800 Hawthorne Dr

  • 1.48 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2151351
8
/10
  • Lakeridge Junior High School

  • 4700 Jean Rd

  • 1.58 miles

  • Public District Grades 6-8

High School

school-card-donut-2151352
9
/10
  • Lakeridge High School

  • 1235 Overlook Dr

  • 0.18 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,712. Most Lake Oswego, OR residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1720 Fernwood Dr

What is the listing price of this property?

The listing price of 1720 Fernwood Dr property is $2,249,900.

What type of property is this?

The property 1720 Fernwood Dr is a house located in Lake Oswego, Oregon, 97034.

Is this property for sale now?

Active Listing: 1720 Fernwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1720 Fernwood Dr are:
Hallinan Elementary School: GreatSchools Rating 7/10
Lakeridge Junior High School: GreatSchools Rating 8/10
Lakeridge High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,171 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1720 Fernwood Dr has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1720 Fernwood Dr is 3,853 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1720 Fernwood Dr is 2024.

Rocket Homes›Oregon›Clackamas County›Lake Oswego›97034›1720 Fernwood Dr

This home is located at 1720 Fernwood Dr in Lake Oswego, OR and zip code 97034 in the Ferncrest neighborhood. This 3,853 square foot home, which was built in 2024, sits on a 0.27 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $2,249,900.

In October 2024, from all listings sold in Lake Oswego, OR there were more than 7 sold above asking price, over 38 sold below and more than 12 were sold right at the asked price. Between September 2024 and October 2024, Lake Oswego, OR real estate market has seen increase in the number of listings by 3.8%. In October 2024 median list price was $926,202 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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