NOT LISTED FOR SALE

2088 Crest Dr Lake Oswego, OR 97034

Uplands Neighborhood

Estimated Value: $6,023,000 - $7,575,759

4 Beds
7 Baths
8,259 Sq Ft
$829/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $6,900,000 $835 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $43,856/month

80 Days on Market

Highlights

  • Home Theater
  • Heated Floors
  • High Ceiling
  • Forest Hills Elementary School Rated A
  • Outdoor Fireplace
  • Private Yard

About This Home

As of August 2022

One of Lake Oswego's most iconic properties with unbeatable views of Mt Hood and Oswego Lake. This contemporary Dutch Colonial has been completely renovated top to bottom with premium designer finishes and features over 25 Carrara marble slabs throughout. Spacious open floor plan with 4 bedroom suites, 4 car garage, glass wine room, infrared sauna, home gym and theater. Features a 93ft saltwater infinity-edge pool and Control 4 home automation system. Close to OLCC Golf & Uplands Lake Easement.

Last Agent to Sell the Property

Matthew Tercek

Real Broker License #201210228 Listed on: 04/24/2022

Real Broker

Last Buyer's Agent

Christopher O'Neill

LUXE Forbes Global Properties License #200305238

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,355

Year Built

  • Built in 2005

Lot Details

  • Level Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned R10

Parking

  • Attached Garage
  • Oversized Parking

Home Design

  • Shingle Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Soaking Tub
  • 3-Story Property
  • Central Vacuum
  • Sound System
  • High Ceiling
  • 4 Fireplaces
  • Double Pane Windows
  • Wood Frame Window
  • Home Theater
  • First Floor Utility Room
  • Finished Basement
  • Natural lighting in basement
  • Smart Appliances
  • Property Views

Flooring

  • Wood
  • Heated Floors
  • Marble

Home Security

  • Security System Owned
  • Smart Lights or Controls
  • Security Lights

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Air Cleaner

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,355

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Dutch Colonial, Custom Style
  • Sq Ft Calculated: 7073
  • Sq Ft Approximate Total: 8259
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 2005
  • Property Condition: Resale
  • Remarks Public: One of Lake Oswego's most iconic properties with unbeatable views of Mt Hood and Oswego Lake. This contemporary Dutch Colonial has been completely renovated top to bottom with premium designer finishes and features over 25 Carrara marble slabs throughout. Spacious open floor plan with 4 bedroom suites, 4 car garage, glass wine room, infrared sauna, home gym and theater. Features a 93ft saltwater infinity-edge pool and Control 4 home automation system. Close to OLCC Golf & Uplands Lake Easement.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Utility Room On Main
  • Additional Room Features: Built-in Features, Fireplace, Hardwood Floors, Sound System, Vaulted Ceiling(s), Home Theater
  • Additional Rooms: Den, Media Room, 4th Bedroom
  • All Room Features: Balcony, Built-in Features, Bookcases, Coved, Fireplace, Formal, Gourmet Kitchen, Great Room, Hardwood Floors, Island, Nook, Sound System, Suite, Vaulted Ceiling(s), Walk in Closet, Home Theater, Marble
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 6.1
  • Fireplace Description: Gas
  • Fireplaces: 4
  • Interior Amenities: Air Cleaner, Central Vacuum, Hardwood Floors, Sound System, High Ceilings, High Speed Internet, Soaking Tub, Home Theater, Marble, Heated Tile Floor, Smart Appliance(s)
  • Kitchen Appliances: Appliance Garage, Microwave, Built-in Refrigerator, Dishwasher, Gas Appliances, Island, Pantry, Double Oven, Butler's Pantry, Marble, Wine Cooler, Cooktop
  • Legal Description: 681 UPLANDS CREST PT LT 12
  • Sq Ft Lower Level: 1186
  • Sq Ft Main Level: 3892
  • Upper Level Sq Ft: 3181
  • Bedrooms: 4
  • Master Bedroom: Features: Fireplace, Suite, Walk in Closet,On Level: Upper,Dimensions: 17x30
  • Bedroom 2: On Level: Upper,Dimensions: 11x15
  • Bedroom 3: On Level: Upper,Dimensions: 16x23
  • Full Bathrooms: 6
  • Partial Bathrooms: 1
  • Basement: Daylight, Finished
  • Dining Room: Features: Coved, Formal, Marble,On Level: Main,Dimensions: 25x17
  • Family Room: Features: Bookcases, Fireplace, Great Room, Hardwood Floors,On Level: Main,Dimensions: 27x19
  • Living Room: Features: Fireplace, Formal, Marble,On Level: Main,Dimensions: 17x29
  • Kitchen: Features: Gourmet Kitchen, Island, Nook,On Level: Main,Dimensions: 20x29
  • Additional Room 1: Description: Den,Features: Built-in Features, Fireplace, Hardwood Floors,On Level: Main,Dimensions: 15x16
  • Additional Room 2: Description: Media Room,Features: Sound System, Home Theater,On Level: Lower,Dimensions: 22x17
  • Additional Room 3: Description: 4th Bedroom,Features: Built-in Features, Vaulted Ceiling(s),On Level: Upper,Dimensions: 17x15
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 7
  • Bathrooms Upper Level Full: 4
  • Window Features: Wood Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Stone, Shingle Siding
  • Exterior Features: Covered Patio, Gas Hookup, Patio, Security Lights, Sprinkler, Outdoor Fireplace, Yard, Smart Light(s)
  • Lot Size: 1-2.99AC
  • Roof Type: Shake
  • View: Lake, Mountain(s), Territorial
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Garage Type: Attached, Oversized

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 95+%
  • Internet Service Type: Cable
  • Security: Security System Owned

Schools

  • Elementary School: Forest Hills
  • Middle School: Lake Oswego
  • High School: Lake Oswego

Lot Info

  • Lot Description: Level, Private, Gentle Sloping
  • Acres: 1.38
  • Zoning: R10

Tax Info

  • Tax Amount: 76871.87
  • Assessor Parcel Number: 00246861
  • Tax Year: 2021

MLS Schools

  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle School: Lake Oswego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jul 13, 2022
Sold by
Crest Real Estate Llc
Bought by
2088 Crest Drive Llc
Seller's Agent
Matthew Tercek
Real Broker
Buyer's Agent
Christopher O'Neill
LUXE Forbes Global Properties
List Price
$7,250,000
Sold Price
$6,900,000
Premium/Discount to List
-$350,000
-4.83%
Current Estimated Value
$6,844,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,080
Avg. Annual Appreciation
-3.06%
Original Mortgage
$5,500,000
Outstanding Balance
$5,286,428
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$1,027,667

Purchase Details

Listed on
Jun 7, 2021
Closed on
Nov 22, 2021
Sold by
A Farber Partners Ltd
Bought by
Crest Real Estate Llc
Seller's Agent
Matthew Tercek
Real Broker
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$6,995,000
Sold Price
$5,800,000
Premium/Discount to List
-$1,195,000
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.45%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jun 27, 2019
Sold by
Ward John P
Bought by
Mccoshen Sean
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$3,799,000
Sold Price
$3,280,000
Premium/Discount to List
-$519,000
-13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.56%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jun 20, 2019
Sold by
Roderick Sarah J and Ward Sarah J
Bought by
Ward John P
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Matthew Tercek
Real Broker
List Price
$3,799,000
Sold Price
$3,280,000
Premium/Discount to List
-$519,000
-13.66%

Purchase Details

Closed on
Mar 9, 2005
Sold by
Ward John P
Bought by
Ward John P and Ward Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 15, 1996
Sold by
Kingsbury Betty G
Bought by
Ward John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.18%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2088 Crest Drive Llc $6,900,000 None Listed On Document
Crest Real Estate Llc $5,800,000 First American
Mccoshen Sean $3,280,000 Fidelity Natl Ttl Co Of Or
Ward John P -- Fidelity National Co Of Or
Ward John P -- Fidelity Natl Title Co Of Or
Ward John P -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2088 Crest Drive Llc $5,500,000
Previous Owner Mccoslien Sean $2,296,000
Previous Owner Ward John Palmer $423,000
Previous Owner Ward John P $2,000,000
Previous Owner Ward John P $2,100,000
Previous Owner Ward John P $300,000
Previous Owner Ward John Palmer $70,000
Previous Owner Ward John Palmer $62,108
Previous Owner Ward John Palmer $100,000
Previous Owner Ward John Palmer $270,000
Previous Owner Ward John P $1,850,000
Previous Owner Ward John P $250,000
Previous Owner Ward John P $1,500,000
Previous Owner Ward John P $185,000
Closed Ward John P $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $6,900,000 -4.8% $835 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $7,250,000 +25.0% $878 / Sq Ft
11/29/2021 11/29/21 Sold $5,800,000 -17.1% $702 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $6,995,000 +113.3% $847 / Sq Ft
06/28/2019 06/28/19 Sold $3,280,000 -6.3% $424 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $3,499,000 -7.9% $452 / Sq Ft
01/04/2019 01/04/19 For Sale $3,799,000 -- $491 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $90,355 $4,556,384 $0 $0
2022 $85,098 $4,423,674 $0 $0
2021 $76,872 $4,200,488 $0 $0
2020 $48,887 $2,660,374 $0 $0
2019 $47,684 $2,582,888 $0 $0
2018 $45,346 $2,507,658 $0 $0
2017 $43,755 $2,434,619 $0 $0
2016 $39,835 $2,363,708 $0 $0
2015 $38,486 $2,294,862 $0 $0
2014 $37,988 $2,228,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Tercek

    Seller's Agent in 2022

    Matthew Tercek

    Real Broker

    (503) 453-5815

    4 in this area

    206 Total Sales

    Matthew Tercek
    Section Image
  • Christopher O'Neill

    Buyer's Agent in 2022

    Christopher O'Neill

    LUXE Forbes Global Properties

    (503) 975-0402

    2 in this area

    23 Total Sales

    Christopher O'Neill
    Section Image
  • Terry Sprague

    Seller's Agent in 2019

    Terry Sprague

    LUXE Forbes Global Properties

    (503) 459-3987

    7 in this area

    177 Total Sales

    Terry Sprague
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22448359

Regional Multiple Listing Service (RMLS)

APN: 00246861

Oregon Clackamas County Lake Oswego 97034 Uplands

2088 Crest Dr, Lake Oswego, OR

This home is located at 2088 Crest Dr, Lake Oswego, OR 97034 since 24 April 2022 and is currently estimated at $6,844,920, approximately $828 per square foot. This property was built in 2005. 2088 Crest Dr is a home located in Clackamas County with nearby schools including Forest Hills Elementary School, Lake Oswego Junior High School, and Lake Oswego Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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