$10,000 Closing Credit¹
#24499584, Jake Lucey, Listing Office: Coldwell Banker Mountain West
$767,500 List price
5316 Lower Dr Lake Oswego, OR 97035
$9,114
Closing credit¹
4 beds
2 full
2,016 sqft
$381 / sqft
House
Property details
About 5316 Lower Dr
Welcome to a home filled with natural light, offering a flexible and easy-flowing layout that adapts to your needs. With recent updates, including a brand new roof this summer, plus new HVAC in 2022 and central vac added in 2021. The home also features additional updates that have been thoughtfully maintained including bamboo floors, chef's kitchen, carpeting, decking, a patio and fencing. This home is ready for you to move in and enjoy. Nestled on a quiet dead-end street, you’ll love the peace and quiet, while still being just moments from parks, trails, restaurants, shopping, and easy access to I-5. Plus, it’s located in the sought-after Lake Oswego School District, serving two newly rebuilt schools—Rivergrove Elementary and Lakeridge Middle School. As a bonus, you’ll have access to three lake easements, with an optional transferable membership to Springbrook for the new owners. This is a home that fits every season and every lifestyle!"
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,016 sqft
Year built2003
ParkingDriveway, Street Parking
MLS #24560784
Attached garage2 spaces
FireplaceGas Fireplace
Summary
- MLS Number: 24560784
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Windermere Realty Trust
- Office Email: careyblem@windermere.com
- Listing Agent: Carey Blem
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: 3/12/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$767,500
5316 Lower Dr
$9,114
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 26, 2021 | Home Sold | $687,000 |
| Feb 15, 2019 | Home Sold | $560,000 |
| Nov 01, 1988 | Home Sold | $66,150 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $429,308 | $8,263 |
| 2022 | $416,804 | $8,018 |
| 2021 | $404,665 | $7,405 |
| 2020 | $392,879 | $6,719 |
| 2018 | $370,326 | $6,696 |
| 2017 | $359,540 | $6,461 |
History based on county public records data.
Nearby schools
7
Lake Grove Elementary School
Public District KG-5
0.9 mi
•15777 Boones Ferry Rd
9
River Grove Elementary School
Public District KG-5
1.0 mi
•5850 McEwan Rd
8
Westridge Elementary School
Public District KG-5
1.1 mi
•3400 Royce Way
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 $62,028. Most Lake Oswego, OR residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
21%
<35k
43%
35k-100k
16%
100k-200k
20%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
8%
Single, with Kids
19%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
45%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Soccer
Where do the neighbors shop?
Chico's
Nordstrom Rack
The Container Store
Where do the neighbors go to eat?
Boston Market
Chipotle
Starbucks
What do the neighbors drive?
Volvo
Mazda
BMW
What do the neighbors listen to?
Talk/Personality
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5316 Lower Dr
This home is located at 5316 Lower Dr in Lake Oswego, OR and zip code 97035. This 2,016 square foot home was built in 2003. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 6, 2024 and is currently priced at $767,500.
While more than 6 listings in Lake Oswego, OR in February 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 19 were sold below. The inventory of homes for sale in Lake Oswego, OR between January and February 2025 did not move. In February 2025, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $908,445.
From Rocket Homes Real Estate and based on county public records data.