11 days on rocket

4640 Lower Dr, Lake Oswego, OR, 97035

$375,000

Home List Price

$4,453*

Closing Credit

2 Bedrooms
1 Full Bath
1,170 SqFt
$321/SqFt
Condo

Location

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4640 Lower Dr, Lake Oswego$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCarport, Other
Year Built1975
HeatingBaseboard, Heat Pump
CoolingHeat Pump
ViewTrees/Woods
MLS #24516788
StatusActive

About 4640 Lower Dr

Step into this captivating 2-bedroom, 1.5-bath condo, nestled in the serene community of Lake Oswego. With 1,170 square feet of thoughtfully designed space, this home offers an open floor plan that seamlessly blends comfort and modern elegance. The main level boasts luxurious wood flooring and a light-filled living area perfect for entertaining. The updated kitchen features a sleek island and stainless steel appliances, opening to the living room and a cozy dining area.Upstairs, the vaulted ceilings in the loft-style primary bedroom create an airy retreat, while the fully renovated bathroom showcases stylish fixtures and modern finishes. The second bedroom offers flexibility for a home office, nursery, or guest space. Additional amenities include community pool access and beautifully maintained grounds, offering a peaceful escape just minutes from downtown Lake Oswego’s shops, restaurants, and parks.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Loft
  • Year Built: 1975
  • Stories: 2
  • Living Area: 1,170 SqFt

Listing Office:

  • Office Name: ELEETE Real Estate
  • Office Phone: (503) 292-1500
  • Listing Agent: Tony Apa, Courtney Clarke

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Plumbed For Ice Maker
  • Basement: No
  • Flooring Type: Tile, Vinyl, Wood
  • Interior: Ceiling Fan(s), High Ceilings, Laundry, Quartz, Vaulted Ceiling(s), Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Covered Deck, Deck, Porch

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Other

Lot Features

Lot Information:

  • Lot: Level, Trees

Utilities

Utilities Information:

  • Heating: Baseboard, Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Bryant Rd to Lower Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $321/SqFt

HOA Fees:

  • Amount: $390
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,550
  • Tax Year: 2020
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Housing Market Comparison

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

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Lake Oswego, OR

City

Med. Sold Price

$926.2K

Med. Price/SqFt

$394

Avg. Days On Market

47

# of Sold Homes

57

4640 Lower Dr vs Lake Oswego

11 DAYS ON ROCKET

-36 Days

$375,000

-$551.2K Less

$321/SqFt

-$74 Less

KEY TAKEAWAY

This property is $551.2K less than the Median Sold Price and $74/SqFt less 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: #24516788

Listing Office:

  • Office Name: ELEETE Real Estate
  • Office Phone: (503) 292-1500
  • Listing Agent: Tony Apa, Courtney Clarke

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, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 08, 2021Home Sold
$279,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,550$138,771
2018$2,365$130,806
2017$2,282$126,996

History based on county public records data.

Payment Calculator

$2,329

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-2193923
9
/10

  • River Grove Elementary School

  • 5850 Mcewan Rd

  • 1.16 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2193924
8
/10

  • Lakeridge Junior High School

  • 4700 Jean Rd

  • 0.52 miles

  • Public District Grades 6-8

High School

school-card-donut-2193925
9
/10

  • Lakeridge High School

  • 1235 Overlook Dr

  • 1.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,137. Typical income of Lake Oswego, OR residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4640 Lower Dr

What is the listing price of this property?

The listing price of 4640 Lower Dr property is $375,000.

What type of property is this?

The property 4640 Lower Dr is a condo located in Lake Oswego, Oregon, 97035.

Is this property for sale now?

Active Listing: 4640 Lower 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 4640 Lower Dr are:
River Grove Elementary School: GreatSchools Rating 9/10
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 $2,550 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 8, 2021 for $279,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4640 Lower Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4640 Lower Dr is 1,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4640 Lower Dr is 1975.

Rocket Homes›Oregon›Clackamas County›Lake Oswego›97035›4640 Lower Dr

This home is located at 4640 Lower Dr in Lake Oswego, OR and zip code 97035 in the Sunny Grove neighborhood. This 1,170 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $375,000.

In October 2024 more than 7 listings in Lake Oswego, OR were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 38 were 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.

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