907 Terrace Drive

Lake Oswego, OR 97034

$2,675,000
Last Sold Price
6
Beds
4
Baths
3
1/2 Baths
7,296 Sq. Ft.
$367 / Sq. Ft.
7,296
Sq. Ft.
$367
per Sq. Ft.

Description

Casual elegance meets lakefront living in this beautiful English estate home. Timeless architecture with transitional floor plan lends itself to either formal or informal lifestyles. Incredible main lake views & soaring ceiling heights on every level. True 6 BRs plus den, media, fitness & game room. Guest quarters w/bath, wet bar. Tram to private dock, calm swim area & boat slip. Extensive updates 2019. Ask for features list, floorplan. See 2 Virtual tour links for video, lake views, 3-D & more!Casual elegance meets lakefront living in this beautiful English estate home. Timeless architecture with transitional floor plan lends itself to either formal or informal lifestyles. Incredible main lake views & soaring ceiling heights on every level. True 6 BRs plus den, media, fitness & game room. Guest quarters w/bath, wet bar. Tram to private dock, calm swim area & boat slip. Extensive updates 2019. Ask for features list, floorplan. See 2 Virtual tour links for video, lake views, 3-D & more!
  1. Listed by Susan Wand • Premiere Property Group, LLC

Property Details for 907 Terrace Drive

Style
English, Traditional
Subdivision
The Terrace, Palisades Terrace
Parking Features
On Street
Zoning
Residen
View
Lake
Garage Spaces
3.00
Parking Total
3.00

Location

Listing Courtesy of Premiere Property Group, LLC

Sold By Cascade Sothebys International Realty

Add your commute
LISTING UPDATED: 04/25/2023 06:50 PM

Property Details for 907 Terrace Drive

StatusSold
MLS #20233985
Days on Market128
Taxes$26,616 / year
HOA Fees$2,500 / year
Condo/Co-op Fees$3,127 / year
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1997
Lot Size0.47 AC / 20,473 SF
CountyClackamas County

Location

Listing Courtesy of Premiere Property Group, LLC

Sold By Cascade Sothebys International Realty

Add your commute

Virtual Tour

Building Information for 907 Terrace Drive

Stories3Year Built1997Building Size-Lot Size0.47 AC / 20,473 SF

Payment Calculator

$17,285 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,599

Property Taxes

$2,218

HOA Dues

$469

The Payment Calculator is for illustrative purposes only.

Property Information for 907 Terrace Drive

Summary
Location and General Information
  • Country: US
  • Directions: Mc Vey to Oak to Palisades Terrace to Terrace, on right
  • Road Surface: Paved
School Information
  • Elementary School: Hallinan
  • High School: Lakeridge
  • Middle Or Junior School: Lakeridge
Parking
  • Garage Type: Attached
  • Attached Garage: Yes
Taxes and HOA
  • CC and R Y/N: Yes
  • FIRPTA: No
  • HOA Y/N: Yes
  • Tax Year: 2020
  • Tax Deferral: No
  • Tax Annual Amount: $26,615.63
  • Parcel Number: 01503590
  • Association Fee: $2,500.00
  • Association Fee Frequency: Annually
  • Other Fee: $3,127
  • Association Other Fee Frequency: Annually
  • Association Status: Active
  • Association Contact: D. Alley
  • Association Name: Terrace Homeowners Association, Inc.
  • Association Phone: 503-699-9042
  • Association Email: dj@allenalley.com
  • Association Address: 1003 Terrace Drive, Lake Oswego, OR 97034
  • Association Pending Litigation: No
  • Tax Legal Description: 2972 THE TERRACE LT 8
Virtual Tour
Property
Lot Information
  • Acres: 0.47
  • Lot Description: Level, Private, Sloped
  • Lot Size Square Feet: 20473.0
  • Lot Size Dimension: 20,473 sf
  • Senior Housing Y/N: No
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
  • SqFt Source: Measured
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1997
  • New Construction: No
  • Property Attached: No
  • Warranty Available Y/N: No
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air, Forced Air95Plus
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Stone
  • Exterior Features: Covered Patio, Deck, Dock, Fire Pit, Gas Hookup, Patio, Sprinkler, Tool Shed, Workshop, Yard
  • Roof Type: Shingle
  • Water Front Y/N: Yes
  • Waterfront Description: Lake
  • Water Name: Lake Oswego
Interior Features
  • Basement: Daylight, Exterior Entry, Finished
  • Foundation Details: Concrete Perimeter
  • Window Features: Double Pane Windows
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces Total: 2
  • Interior Features: Central Vacuum, Granite, Hardwood Floors, High Ceilings, Jetted Tub, Marble, Quartz, Reclaimed Material, Sound System, Sprinkler, Washer Dryer
  • SqFt Calculated: 5536
  • View Y/N: Yes
  • SqFt Lower Level Total: 1760
  • SqFt Main Level Total: 2741
  • SqFt Upper Level Total: 2795
  • Bedrooms Total: 6
  • Stories: 3
  • Baths Total: 4.3
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Yes
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Double Closet, High Ceilings, Jetted Tub, Suite, Walkin Closet
  • Primary Bedroom Level: Upper
  • Primary Bedroom Features: Fireplace
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Upper
  • 2nd Bedroom Features: Bathroom, Bay Window, Closet Organizer
  • 2nd Bedroom Additional Features: Walkin Closet
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Level: Upper
  • 3rd Bedroom Features: Bathroom, Builtin Features, Closet Organizer
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Bay Window, Hardwood Floors, Sound System
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
  • Family Room Features: Bookcases, Builtin Features, Patio, Sound System
  • Family Room Level: Lower
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Builtin Range, Builtin Refrigerator, Convection Oven, Gas Appliances, Instant Hot Water, Island, Microwave, Pantry, Pot Filler, Quartz, Stainless Steel Appliance
  • Kitchen Room Features: Gourmet Kitchen, Hardwood Floors, Island, Nook, Pantry
  • Kitchen Room Additional Features: Quartz
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Features: Bookcases, Deck, Fireplace, Hardwood Floors
  • Living Room additional Features: High Ceilings, Wet Bar
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 1
  • Baths Lower Level Total: 0.1
  • Baths Main Level Full: 0
  • BathsMainLevelPartial: 2
  • Baths Main Level Total: 0.2
  • Bathrooms Full: 4
  • Baths Partial: 3
  • Total Bathrooms: 7
  • Baths Upper Leve lFull: 4
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 4.0
Additional Room 1
  • Additional Room 1 Features: Bookcases, Builtin Features, Sound System
  • Additional Room 1 Description: Den
  • Additional Room 1 Level: Main
Additional Room 2
  • Additional Room 2 Features: Builtin Features, Closet Organizer
  • Additional Room 2 Description: Guest Quarters
  • Additional Room 2 Level: Upper
Additional Room 3
  • Additional Room 3 Features: Builtin Features, Closet Organizer
  • Additional Room 3 Description: Bonus Room
  • Additional Room 3 Level: Lower
Additional Room 4
  • Additional Room 4 Features: Beamed Ceilings, Bookcases, Hardwood Floors
  • Additional Room 4 Additional Features: Wainscoting
Additional Room 5
  • Additional Room 5 Features: Bathroom, Builtin Refrigerator, Exterior Entry
  • Additional Room 5 Additional Features: Walkin Closet, Wet Bar
Additional Room 6
  • Additional Room 6 Features: Builtin Features, Storage
  • Additional Room 6 Additional Features: Walkin Closet
Town House
Town House Information
  • Townhouse Remarks Public: Terrace HOA dues cover tram to the lake, dock, boat slips, upper walkway to tram, repairs, maintenance, insurance, electricity & water at the dock. Annual dues $2,500/yr. Lake Corp annual dues $3,205. Buyer to pay 1-time transfer fee of $7,500
Farm
Farm Information
  • Farm Y/N: No
Amenities
Amenities Information
  • Association Amenities: Boat Slip, Lake Easement
  • Internet Service Type: Cable
  • Amenities Addl Room 4 Description: Media Room
  • Amenities Addl Room 4 Level: Lower
  • Amenities Addl Room 5 Description: _5th Bedroom
  • Amenities Addl Room 5 Level: Upper
  • Amenities Addl Room 6 Description: _6th Bedroom
  • Amenities Addl Room 6 Level: Upper
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 7296

Property History for 907 Terrace Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 907 Terrace Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$30,467 ($2,539 / month)
Home Facts
Beds6Baths5.5Total Finished SqFt6,965 SqFtAbove Grade Finished SqFt6,965 SqFtStories2Lot Size20,433 SqFtStyleSingle Family ResidenceYear Built1997ZoningR-15CountyCLACKAMASAPN21E09DA09300

Schools near 907 Terrace Drive

This home is within Lake Oswego School District 7j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Hallinan Elementary School
PublicK to 5

Lakeridge Middle School
Public6 to 8

Lakeridge High School
Public9 to 12

Harmony Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Premiere Property Group, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/25/2023 06:50 PM