$10,000 Closing Credit¹
#511287015, Yussetty Spicer, Listing Office: Spicer & Associates Realty
$1,050,000 List price
2972 Tolkien Ln Lake Oswego, OR 97034
$10,000
Closing credit¹
4 beds
3 full
3,673 sqft
0.3 acres
$286 / sqft
House
Property details
About 2972 Tolkien Ln
A Mountain Retreat in the City! Nestled in the sought-after Westridge neighborhood this four-bedroom three-and-a-half-bath on Tolkien Lane is one of the last homes on the street that offers the opportunity to update and build your equity. Full of vintage charm, this home is a blank canvas for buyers eager to bring their vision to life. Sitting on a prime corner lot with gorgeous ceilings w/ exposed beams this home provides an inviting open atmosphere. The primary suite boasts a walk-in closet, vaulted ceilings, updated bathroom with dual sinks, and multi-head large shower. The primary suite upstairs is complemented by two additional bedrooms and a full bathroom. The loft is currently set up as an office, offers a fantastic workspace with an open and connected feel to the rest of the home. On the main level there's additional space at the front of the home perfect for a additional bedroom, guest room, or a quiet home office. Kitchen has true oak hardwoods. Just off the kitchen, there's a warm and inviting family room providing the perfect space for gathering. Downstairs, a spacious bonus area offers endless possibilities for a theater room, hobby space, or recreation area. Don’t miss the cedar sauna downstairs, a relaxing retreat—ideal for unwinding! Step outside to enjoy the secluded fenced backyard featuring a durable composite deck with retractable awning and hot tub perfect for entertaining. Lastly this home is in close proximity to Lakeridge High School, Lakeridge Middle School, and Westridge Elementary, making it a convenient choice for those who value accessibility to top-rated schools. It’s also just minutes from Cook’s Butte Park, a scenic escape where you can explore trails and enjoy nature. Don't miss this rare chance to make this home your own, schedule your showing today and be sure join us for scheduled Open houses on Friday, May 16, from 5 p.m. to 7 p.m., and Sunday, May 18, from 1 p.m. to 3 p.m.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,673 sqft
BasementYes
Lot size0.35 Acres
Year built1981
ParkingDriveway, Street Parking
MLS #494685330
Attached garage2 spaces
FireplaceWood Burning
Summary
- Full Bathrooms: 3
- Appliances: Cooktop, Dishwasher, Disposal, Refrigerator
- Basement: Yes
- Flooring Type: Granite, Hardwood
- Interior: Central Vacuum, Granite, High Ceilings, Skylight, Vaulted Ceiling(s), Washer/Dryer
- Fireplace: Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Driveway, Street Parking
- Exterior: Deck, Fence, Free-Standing Hot Tub, Tool Shed
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,050,000
- Price/SqFt: $285
- Annual Tax Amount: $11,321
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Westview Dr to Tamaway Dr to Tolkien Lane Home is on Corner
- Year Built: 1981
- Stories: 3
- Living Area: 3,673 SqFt
- Lot Size: 0.35 Acres
- MLS Number: 494685330
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Heins Real Estate LLC
- Office Phone: (503) 694-4663
- Listing Agent: Stephen Heins
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 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: 5/27/2025, 1:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,050,000
2972 Tolkien Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 26, 2003 | Home Sold | $446,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $589,465 | $11,321 |
| 2022 | $572,297 | $10,985 |
| 2021 | $555,629 | $10,145 |
| 2020 | $539,446 | $9,890 |
| 2018 | $508,480 | $9,173 |
| 2017 | $493,670 | $8,851 |
History based on county public records data.
Nearby schools
8
Westridge Elementary School
Public District KG-5
0.4 mi
•3400 Royce Way
9
Stafford Primary School
Public District PK-5
0.9 mi
•19875 SW Stafford Rd
9
River Grove Elementary School
Public District KG-5
1.4 mi
•5850 McEwan Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $160,542. The most common annual income of people living in Lake Oswego, OR is $200k+. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
1%
<35k
32%
35k-100k
32%
100k-200k
35%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
17%
Single, No Kids
3%
Single, with Kids
49%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
11%
12-17 yrs old
10%
18-34 yrs old
53%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding- Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom
Brooks Brothers
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Lexus
BMW
Acura
What do the neighbors listen to?
News
Talk/Personality
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2972 Tolkien Ln
The listing price of 2972 Tolkien Ln property is $1,050,000.
The property 2972 Tolkien Ln is a house located in Lake Oswego, Oregon, 97034.
Active Listing: 2972 Tolkien Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2972 Tolkien Ln are: Westridge Elementary School (GreatSchools Rating 8/10), Stafford Primary School (GreatSchools Rating 9/10), River Grove Elementary School (GreatSchools Rating 9/10), Athey Creek Middle School (GreatSchools Rating 5/10), Lakeridge Middle School (GreatSchools Rating 8/10), Three Rivers Charter School (GreatSchools Rating 7/10), Lakeridge High School (GreatSchools Rating 9/10), Lake Oswego High School (GreatSchools Rating 10/10), Creekside Community High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $11,321 (source: MLS/based on county public records data).
The last sale was on November 26, 2003 for $446,500 (source: MLS/tax record).
The property at 2972 Tolkien Ln has 4 bedrooms and 4 bathrooms.
The property 2972 Tolkien Ln is 3,673 SqFt (source: MLS/tax record).
The year of construction for 2972 Tolkien Ln is 1981.
This home is located at 2972 Tolkien Ln in Lake Oswego, OR and zip code 97034 in the Tolkien Heights neighborhood. This 3,673 square foot home, which was built in 1981, sits on a 0.35 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $1,050,000.
While more than 13 listings in Lake Oswego, OR in April 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 32 were sold below. The number of listings in Lake Oswego, OR increased by 29% between March and April 2025. While the average time on the market in April 2025 was 60 days, the median list price was $901,000.
From Rocket Homes Real Estate and based on county public records data.