8 days on rocket

5050 Lower Dr, Lake Oswego, OR, 97035

$735,000

Home List Price

$8,728*

Closing Credit

3 Bedrooms
2 Full Baths
1,278 SqFt
$575/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5050 Lower Dr, Lake Oswego$735,000

Buyer Closing Credits

$8,728*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Year Built1920
HeatingForced Air
CoolingCentral Air
BasementYes
ViewSeasonal View, Trees/Woods
MLS #24114369
StatusActive

About 5050 Lower Dr

Open house 11/16 12pm-2pm. Discover this beautifully remodeled 1278 square foot contemporary cottage, designed with an eye for detail and functionality. The inviting main floor features a spacious primary and secondary bedroom, ensuring convenience and comfort, while a separate entrance leads to a guest suite complete with an ensuite bathroom and kitchenette—perfect for visitors. Enhanced by new LVP flooring and energy-efficient Milgard windows, this home radiates modern charm throughout. Located on a corner lot in the tranquil Bryant Neighborhood just half a mile from Lakeridge Middle School. This gorgeous property is a must-see— with access to Goodin, Springbrook and Summit Court Lake easements -- don’t wait to make it yours! Schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Cottage
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,278 SqFt

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Steve Nassar, Tami Carlson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Range, Range Hood
  • Basement: Yes
  • Interior: Quartz, Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Seasonal View, Trees/Woods
  • Exterior: Covered Deck, Covered Patio, Patio, Porch, Second Residence

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on Boones Ferry, South on Bryant, Left on Lower Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $735,000
  • Price Per SqFt: $575/SqFt

Tax Information:

  • Annual Amount: $2,876
  • Tax Year: 2020
House and calculator

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.

Map thumbnail provided by MapBox

Lake Oswego, OR

City

Med. Sold Price

$926.2K

Med. Price/SqFt

$394

Avg. Days On Market

47

# of Sold Homes

57

5050 Lower Dr vs Lake Oswego

8 DAYS ON ROCKET

-39 Days

$735,000

-$191.2K Less

$575/SqFt

+$180 More

KEY TAKEAWAY

This property is $191.2K less than the Median Sold Price and $180/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: #24114369

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Steve Nassar, Tami Carlson

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: 11/17/2024, 4:20:51 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

Jan 12, 2017Home Sold
$287,500
Sep 05, 2000Home Sold
$128,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,876$156,510
2018$2,667$147,526
2017$2,574$143,229

History based on county public records data.

Payment Calculator

$3,736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,270

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-237681
7
/10

  • Lake Grove Elementary School

  • 15777 Boones Ferry Rd

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-237682
8
/10

  • Westridge Elementary School

  • 3400 Royce Way

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-237683
9
/10

  • River Grove Elementary School

  • 5850 McEwan Rd

  • 1.04 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,028. Residents of Lake Oswego, OR typically earn between $35k-100k each year. Residents typically live in single, no kids family. 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 5050 Lower Dr

What is the listing price of this property?

The listing price of 5050 Lower Dr property is $735,000.

What type of property is this?

The property 5050 Lower Dr is a house located in Lake Oswego, Oregon, 97035.

Is this property for sale now?

Active Listing: 5050 Lower Dr 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 $2,876 (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 12, 2017 for $287,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5050 Lower Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5050 Lower Dr is 1,278 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 Lower Dr is 1920.

Rocket Homes›Oregon›Clackamas County›Lake Oswego›97035›5050 Lower Dr

This home is located at 5050 Lower Dr in Lake Oswego, OR and zip code 97035. This 1,278 square foot home was built in 1920. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $735,000.

While more than 7 listings in Lake Oswego, OR in October 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 38 were sold below. The number of listings in Lake Oswego, OR increased by 3.8% between September 2024 and October 2024. 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.

More Resources