18 days on rocket

5513 Rachel Ln, Lake Oswego, OR, 97035

$1,419,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
3,346 SqFt
$424/SqFt
House

Location

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5513 Rachel Ln, Lake Oswego$1,419,000

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 Built2008
HeatingENERGY STAR Qualified Equipment, Forced Air, Heat Pump
CoolingCentral Air, Heat Pump
FireplaceGas Fireplace
ViewPark, Trees/Woods
MLS #24658207
StatusActive

About 5513 Rachel Ln

Enjoy the Lake Oswego lifestyle and fall in LOVE with this ONE OF A KIND luxury home by a Street of Dreams builder & architect in this beautiful neighborhood surrounding its own 1 acre private park. The perfect ENTERTAINER or FAMILY dream home where PRIVACY, DESIGN and DETAILS come together making this the area's HOTTEST property. Huge open concept living that will allow you to entertain in ease. Incredible covered outdoor space perfect for relaxing and enjoying the easy living lifestyle. This is a home to be proud of!! Access to Lake grove & City of LO swim parks. New Water Heater 2022, New HVAC 2024, New Large Gutters and Downspouts with Drain Guards 2023.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Traditional
  • Year Built: 2008
  • Stories: 2
  • Living Area: 3,346 SqFt

Listing Office:

  • Office Name: Realty One Group Prestige
  • Office Phone: (503) 205-0614
  • Listing Agent: Sarah Jaimet

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Instant Hot Water, Microwave, Plumbed For Ice Maker, Wine Cooler
  • Basement: No
  • Flooring Type: Granite
  • Interior: Ceiling Fan(s), Granite, High Ceilings, Plumbed For Central Vacuum, Skylight, Sound System, Vaulted Ceiling(s), Wainscoting, Wall to Wall Carpet
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Park, Trees/Woods
  • Exterior: Covered Patio, Fence, Gas Hookup, Patio, Sprinklers, Tool Shed, Water Feature

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Boones Ferry to Pilkington, Right on Rachel Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,419,000
  • Price Per SqFt: $424/SqFt

HOA Fees:

  • Amount: $800
  • Frequency: Annually

Tax Information:

  • Annual Amount: $12,988
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$918K

Med. Price/SqFt

$393

Avg. Days On Market

52

# of Sold Homes

42

5513 Rachel Ln vs Lake Oswego

18 DAYS ON ROCKET

-34 Days

$1,419,000

+$501K More

$424/SqFt

+$30 More

KEY TAKEAWAY

This property is $501K more than the Median Sold Price and $30/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: #24658207

Listing Office:

  • Office Name: Realty One Group Prestige
  • Office Phone: (503) 205-0614
  • Listing Agent: Sarah Jaimet

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: 12/18/2024, 2:21:01 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

Feb 24, 2021Home Sold
$1,030,000
Jul 01, 2009Home Sold
$749,500

Tax History

YEARPROP. TAXASSESSMENT
2020$12,988$706,774
2018$12,047$666,203
2017$11,624$646,799

History based on county public records data.

Payment Calculator

$7,216

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,321

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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.

Nearby Schools

school-card-donut-522
9
/10
  • River Grove Elementary School

  • 5850 McEwan Rd

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-523
8
/10
  • Westridge Elementary School

  • 3400 Royce Way

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-524
4
/10
  • Bridgeport Elementary School

  • 5505 SW Borland Rd

  • 1.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,356. Typical income of Lake Oswego, OR residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5513 Rachel Ln

What is the listing price of this property?

The listing price of 5513 Rachel Ln property is $1,419,000.

What type of property is this?

The property 5513 Rachel Ln is a house located in Lake Oswego, Oregon, 97035.

Is this property for sale now?

Active Listing: 5513 Rachel Ln 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 $12,988 (source: MLS/based on county public records data).

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

The last sale was on February 24, 2021 for $1,030,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5513 Rachel Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5513 Rachel Ln is 3,346 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5513 Rachel Ln is 2008.

Rocket Homes›Oregon›Clackamas County›Lake Oswego›97035›5513 Rachel Ln

This home is located at 5513 Rachel Ln in Lake Oswego, OR and zip code 97035 in the Pilkington Glen neighborhood. This 3,346 square foot home was built in 2008. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $1,419,000.

Over 6 listings were sold over their listed price in November 2024 in Lake Oswego, OR. In the same period over 30 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Lake Oswego, OR decreased by 11.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $918,000, while the average time on the real estate market was 52 days.

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

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