$320,000

225 Cervantes Lake Oswego, OR 97035

$3,800
Closing credit¹
2 beds
1 full
1,216 sqft
$263 / sqft
Condo

Property details

About 225 Cervantes

Step into this sweet 2 bedroom, 1.5 bathroom condo where natural light floods every corner and high ceilings create an impressive sense of space and openness. This home combines an open design with everyday comfort. The expansive open-concept layout is ideal for both relaxing and entertaining. The sun-drenched living room features oversized windows, high ceilings, and seamless flow into the dining area and kitchen— complete with beautiful countertops, stainless steel appliances, and ample pantry space. Don't forget the beautiful deck space for all your plants, sunsets and sunrises! The spacious primary suite offers a peaceful retreat with a beautifully appointed en-suite bath. Enjoy morning coffee or evening sunsets from your private balcony, surrounded by treetop views. Experience low-maintenance living at its finest. Property comes with dedicated parking which includes a 60 AMP EV charger! Great for professionals, downsizers, or first-time buyers, this unit offers comfort and convenience!

Highlights

Home typeCondominium
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,216 sqft
Year built1981
ParkingStreet Parking
MLS #158028575
Attached garage1 space
FireplaceWood Burning
ViewTrees/Woods

Summary

  • Full Bathrooms: 1
  • Appliances: Refrigerator
  • Interior: High Ceilings, Laundry, Washer/Dryer
  • Fireplace: Wood Burning
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Street Parking
  • View: Trees/Woods
  • Architectural Style: Contemporary
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $320,000
  • Price/SqFt: $263
  • HOA Amount: $575
  • HOA Frequency: Monthly
  • Annual Tax Amount: $4,203
  • Tax Year: 2023
  • Lot: Sloped, Trees, Wooded
  • Directions: Kerr Parkway
  • Year Built: 1981
  • Stories: 2
  • Living Area: 1,216 SqFt
  • MLS Number: 158028575
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Think Real Estate
  • Office Phone: (503) 847-2722
  • Listing Agent: Mercedes Kauhola

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 © 2025 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: 5/5/2025, 4:05:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of property with a chimney and a balcony

$320,000

225 Cervantes

$3,800

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 07, 2021
Home Sold
$319,000
Jun 06, 2014
Home Sold
$139,000
Jun 18, 2002
Home Sold
$140,000

Tax history

YearAssessmentProperty Tax
2023$187,180$4,203
2022$181,730$4,068
2021$176,440$4,068
2020$171,310$3,777
2018$161,490$3,547
2017$156,790$3,302

History based on county public records data.

Nearby schools

8

Oak Creek Elementary School

Public District KG-5

0.7 mi

55 Kingsgate Rd

5

Markham Elementary School

Public District KG-5

0.9 mi

10531 SW Capitol Hwy

10

Stephenson Elementary School

Public District KG-5

1.0 mi

2627 SW Stephenson St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,594. Most Lake Oswego, OR residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
46%
35k-100k
26%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
5%
Single, with Kids
24%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Yoga/pilatesYoga/pilates
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • NordstromNordstrom
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Dominos PizzaDominos Pizza
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • LexusLexus

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 225 Cervantes

The listing price of 225 Cervantes property is $320,000.

The property 225 Cervantes is a condo located in Lake Oswego, Oregon, 97035.

Active Listing: 225 Cervantes is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 225 Cervantes are: Oak Creek Elementary School (GreatSchools Rating 8/10), Markham Elementary School (GreatSchools Rating 5/10), Stephenson Elementary School (GreatSchools Rating 10/10), Jackson Middle School (GreatSchools Rating 5/10), Lake Oswego Junior High School (GreatSchools Rating 8/10), Lakeridge Middle School (GreatSchools Rating 8/10), Lake Oswego High School (GreatSchools Rating 10/10), Riverdale High School (GreatSchools Rating 8/10), Creekside Community High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $4,203 (source: MLS/based on county public records data).

The last sale was on June 7, 2021 for $319,000 (source: MLS/tax record).

The property at 225 Cervantes has 2 bedrooms and 2 bathrooms.

The property 225 Cervantes is 1,216 SqFt (source: MLS/tax record).

The year of construction for 225 Cervantes is 1981.

This home is located at 225 Cervantes in Lake Oswego, OR and zip code 97035. This 1,216 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $320,000.

Over 13 listings were sold over their listed price in April 2025 in Lake Oswego, OR. In the same period over 32 listings were sold below the listed price and 14 listings were sold for the listed price. The inventory of homes for sale in Lake Oswego, OR between March and April 2025 increased by 29%. In April 2025 median list price was $901,000 and the average listing age was 60 days.

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

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