FOR SALEOPEN SAT, 12-3PM0.57 ACRES

1515 Cherry Ln
Lake Oswego, OR 97034

Glenmorrie

5 Beds
6 Baths
5,719 sqft (on 0.57 acres)

5 Beds
6 Baths
5,719 sqft (on 0.57 acres)

$2,385,000

Est. Mortgage $14,238/mo*

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Local Information

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Description

Historical estate with historical interest rate opportunity. 4.5% seller financing available for qualified buyer. This exquisitely revitalized English Cottage-style residence in Lake Oswego's Glenmorrie neighborhood seamlessly blends historic charm with modern luxury. Originally designed in 1918 by Sutton & Whitney and meticulously refreshed by designer Phil Chek, this 106-year-old home sits on half an acre of land. The interior features a layout perfectly suited for entertaining with new, imported French oak hardwood floors and freshly painted white walls. The home seamlessly integrates indoor/outdoor living, with the living room leading to a covered patio, the dining room providing a connection to the backyard, and a well-appointed kitchen featuring quartz countertops and a charming wood-burning stove. The basement, with a unique history as part of the original ranch reservoir, serves as additional storage. A guest or nanny quarters, a newly-built three-car garage, and a century-old legacy make this timeless architectural icon an exceptional property.

Open House

Saturday, May 04

12:00 PM to 3:00 PM

Home Highlights

Parking

Garage

Outdoor

Patio

A/C

Heating & Cooling

HOA

None

Price/Sqft

$417

Listed

116 days ago

Last check for updates: about 22 hours ago

Listing courtesy of Terry Sprague, (503) 459-3987

LUXE Forbes Global Properties

Source: RMLS (OR), MLS#24261115

Home Details for 1515 Cherry Ln

Active Status
MLS Status: Active

Interior Features
Interior Details Basement: UnfinishedNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (partial): 1Number of Bathrooms (main level): 3
Dimensions and Layout Living Area: 5719 Square Feet
Appliances & Utilities Appliances: Built In Oven, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Microwave, Gas Water HeaterDishwasherDisposalLaundry: Laundry RoomMicrowave
Heating & Cooling Heating: Forced Air,Mini Split,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa Number of Fireplaces: 3Fireplace: Gas, Wood BurningHas a Fireplace
Gas & Electric Gas: Gas
Windows, Doors, Floors & Walls Door: French DoorsFlooring: Hardwood, Tile
Levels, Entrance, & Accessibility Stories: 3Floors: Hardwood, Tile
View Has a ViewView: Trees/Woods

Exterior Features
Exterior Home Features Roof: TilePatio / Porch: Covered Patio, PatioOther Structures: GuestQuartersExterior: Yard
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Driveway,Detached
Frontage Road Surface Type: Paved
Water & Sewer Sewer: Public Sewer

Days on Market
Days on Market: 116

Property Information
Year Built Year Built: 1918
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Cottage,English
Building Construction Materials: Hard Concrete StuccoNot a New ConstructionNot Attached Property
Property Information Condition: ResaleParcel Number: 00301417

Price & Status
Price List Price: $2,385,000Price Per Sqft: $417

Media
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Location
Direction & Address City: Lake Oswego
School Information Elementary School: HallinanJr High / Middle School: LakeridgeHigh School: Lakeridge

Agent Information
Listing Agent Listing ID: 24261115

Building
Building Area Building Area: 5719 Square Feet

Community
Not Senior Community

HOA
No HOA

Lot Information
Lot Area: 0.57 acres

Offer
Listing Terms: Cash, Conventional

Compensation
Buyer Agency Commission: 2.25Buyer Agency Commission Type: %
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous
BasementMls Number: 24261115

Price History for 1515 Cherry Ln

Date	Price	Event	Source
04/04/2024	$2,385,000	Listed For Sale	RMLS (OR) #24261115

08/20/2021	$950,000	Sold	N/A
Recording Date 08/20/2021 County Transfer Tax N/A Total Transfer Tax N/A
03/05/2021	$455,000	Sold	N/A
Recording Date 03/05/2021 Contract Date 03/05/2021 County Transfer Tax N/A Total Transfer Tax N/A
07/30/2019	$800,000	Sold	RMLS (OR) #19355103
Recording Date 07/30/2019 County Transfer Tax N/A Total Transfer Tax N/A
07/15/2019	$949,000	Pending	Agent Provided

01/25/2019	$949,000	PriceChange	Agent Provided
Price Change $46,000 (-5%)
04/18/2018	$995,000	PriceChange	Agent Provided
Price Change $103,000 (-9%)
09/21/2017	$1,098,000	PriceChange	Agent Provided
Price Change $152,000 (-12%)
06/24/2017	$1,250,000	PriceChange	Agent Provided
Price Change $45,000 (-3%)
04/07/2017	$1,295,000	PriceChange	Agent Provided
Price Change $55,000 (-4%)
07/30/2016	$1,350,000	Listed For Sale	Agent Provided

03/10/2004	$900,000	Sold	N/A
Recording Date 03/10/2004 Contract Date 03/03/2004 County Transfer Tax N/A Total Transfer Tax N/A
05/22/1996	$550,000	Sold	N/A
Recording Date 05/22/1996 County Transfer Tax N/A Total Transfer Tax N/A
04/11/1995	$405,000	Sold	N/A
Recording Date 04/11/1995 Contract Date 04/07/1995 County Transfer Tax N/A Total Transfer Tax N/A

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Property Taxes and Assessment

Year	2023
Tax	$12,534
Assessment	$1,244,815

Home facts updated by county records

Comparable Sales for 1515 Cherry Ln

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
1273 Wells St, Lake Oswego, OR	0.20	Single-Family Home	$1,720,000	05/31/23	5	3	4,091
17393 Grand View Ct, Lake Oswego, OR	0.29	Single-Family Home	$1,243,548	12/13/23	4	4	3,772
1941 Green Acres Ln, Lake Oswego, OR	0.10	Single-Family Home	$775,000	04/05/24	4	3	2,459
2600 Glenmorrie Dr, Lake Oswego, OR	0.25	Single-Family Home	$2,175,000	09/25/23	4	4	4,232
3188 Glenmorrie Dr, Lake Oswego, OR	0.36	Single-Family Home	$2,990,000	04/18/24	5	6	5,585
17382 Brookhurst Dr, Lake Oswego, OR	0.30	Single-Family Home	$1,285,000	06/21/23	4	4	3,725
17649 Woodhurst Pl, Lake Oswego, OR	0.49	Single-Family Home	$1,499,000	06/08/23	4	5	5,669
17625 Woodhurst Pl, Lake Oswego, OR	0.45	Single-Family Home	$1,643,000	04/16/24	5	5	4,513
17147 Old River Dr, Lake Oswego, OR	0.46	Single-Family Home	$2,995,000	05/09/23	4	6	6,900

Neighborhood Overview

Glenmorrie

4 Homes For You
Buy: $100k - $2.5m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Glenmorrie

Richard R.
Resident
3y ago
"Great location!! Walk to downtown LO, the river, parks, etc. Friendly neighbors and close proximity to the newly remodeled Hallinan school."
2
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LGBTQ Local Legal Protections

Additional Cost

Terry Sprague, LUXE Forbes Global Properties

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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon. This content last updated on 2024-04-02 07:40:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1515 Cherry Ln, Lake Oswego, OR 97034 is a 5 bedroom, 6 bathroom, 5,719 sqft single-family home built in 1918. 1515 Cherry Ln is located in Glenmorrie, Lake Oswego. This property is currently available for sale and was listed by RMLS (OR) on Mar 19, 2024. The MLS # for this home is MLS# 24261115.

1515 Cherry Ln
Lake Oswego, OR 97034

$2,385,000

$2,385,000

Local Information