Enjoy exceptional walkability and an enviable lifestyle in this pristine, move-in-ready 1,147 sq ft condo nestled in the heart of downtown Lake Oswego's charming Village district. Meticulously maintained and in truly perfect condition, this home is spotless from top to bottom — simply unpack and start living your best life.Step outside your door and walk to almost everything you need. Just three blocks to beautiful Oswego Lake, where you can kayak, paddleboard, row, or simply relax at the water's edge. Stroll to the Library, Post Office, and City Hall in minutes. Directly across from Safeway, you're also within easy walking distance of over 40 restaurants, cafes, boutiques, and specialty shops that make downtown Lake Oswego one of the most vibrant and walkable neighborhoods in the Pacific Northwest.Families will love the proximity to Lake Oswego's award-winning schools, consistently ranked among the best in Oregon and the nation. Nearby parks and green spaces offer playgrounds, sports fields, and peaceful retreats just steps away. Tryon Creek State Natural Area — a beloved 658-acre forest with miles of hiking and equestrian trails — is right down the street, bringing nature to your doorstep.Lake Oswego is widely recognized as one of America's finest communities — a charming, safe, and beautifully maintained city with a strong sense of community, year-round local events, a thriving arts scene, and an outdoor lifestyle second to none. Whether it's the beloved Lake Oswego Farmers Market, summer concerts at Millennium Plaza Park, or the annual Festival of the Arts, there is always something to enjoy.Lewis & Clark College is an easy bike ride away, and downtown Portland is just 15 minutes from your door — giving you the best of both worlds: small-town charm with big-city access.Whether you're seeking a full-time residence or a low-maintenance lock-and-leave retreat, this exceptional condo offers the very best of Lake Oswego living. Homes in this condition and l
Active
$529,000
434 5th St, Lake Oswego, OR 97034
2beds
1,147sqft
Residential, Condominium, Townhouse
Built in 1998
-- sqft lot
$511,500 Zestimate®
$461/sqft
$340/mo HOA
What's special
Low-maintenance lock-and-leave retreat
- 7 days |
- 403 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
John DeCosta 503-702-0856,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 628878857
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Closet Organizer
- Level: Upper
- Area: 221
- Dimensions: 17 x 13
Bedroom 2
- Features: Bathroom, Closet Organizer
- Level: Upper
- Area: 130
- Dimensions: 13 x 10
Dining room
- Level: Main
- Area: 72
- Dimensions: 9 x 8
Kitchen
- Level: Main
- Area: 108
- Width: 9
Living room
- Features: Fireplace, Patio
- Level: Main
- Area: 304
- Dimensions: 19 x 16
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Microwave, Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- High Speed Internet, Bathroom, Closet Organizer
- Flooring: Hardwood, Wall to Wall Carpet, Wood
- Windows: Vinyl Frames
- Basement: Crawl Space
- Fireplace features: Gas
Interior area
- Total structure area: 1,147
- Total interior livable area: 1,147 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: On Street, Garage Door Opener, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Ground Level, Accessibility
Features
- Stories: 2
- Patio & porch: Patio, Porch
Lot
- Features: Commons, Level
Details
- Parcel number: 01843820
- Zoning: resid
Construction
Type & style
- Home type: Townhouse
- Property subtype: Residential, Condominium, Townhouse
Materials
- Brick, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1998
Utilities & green energy
- Gas: Gas
- Sewer: Community
- Water: Community
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: shopping, dining, parks
HOA
- Has HOA: Yes
- HOA fee: $1,020 quarterly
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $461/sqft
- Tax assessed value: $399,960
- Annual tax amount: $4,703
- Date on market: 6/16/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$511,500
$486,000 - $537,000
$2,213/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $529,000+63.7%$461/sqft |
Source: | ||
| 8/31/2015 | Sold | $323,200+11.1%$282/sqft |
Source: | ||
| 12/27/2007 | Sold | $291,000+40.6%$254/sqft |
Source: Public Record Report a problem | ||
| 11/14/2002 | Sold | $207,000+23.2%$180/sqft |
Source: Public Record Report a problem | ||
| 6/25/1999 | Sold | $168,000$146/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,703 +2.7% | $245,446 +3% |
| 2024 | $4,578 +3% | $238,298 +3% |
| 2023 | $4,443 +3.1% | $231,358 +3% |
| 2022 | $4,312 +8.3% | $224,620 +3% |
| 2021 | $3,982 +2.6% | $218,078 +3% |
| 2020 | $3,882 +2.5% | $211,727 +3% |
| 2019 | $3,786 +5.2% | $205,561 +3% |
| 2018 | $3,601 | $199,574 +3% |
| 2017 | $3,601 +13.9% | $193,761 +3% |
| 2016 | $3,162 | $188,117 +3% |
| 2015 | $3,162 +3.5% | $182,638 +3% |
| 2014 | $3,055 +17.4% | $177,318 +8.6% |
| 2013 | $2,603 +0.8% | $163,320 +0.8% |
| 2012 | $2,582 -1.4% | $161,960 -1.9% |
| 2011 | $2,618 -9.6% | $165,040 -4.1% |
| 2010 | $2,894 -2% | $172,153 +3% |
| 2009 | $2,954 +6.7% | $167,139 +3% |
| 2008 | $2,769 +4.6% | $162,271 +3% |
| 2007 | $2,647 +4.3% | $157,545 +3% |
| 2006 | $2,537 +0.3% | $152,956 +3% |
| 2005 | $2,529 +4.5% | $148,501 +3% |
| 2004 | $2,421 +4.5% | $144,176 +3% |
| 2003 | $2,318 +4.4% | $139,977 +3% |
| 2002 | $2,220 +1.9% | $135,900 +3% |
| 2001 | $2,179 +10.5% | $131,942 +3% |
| 2000 | $1,972 | $128,099 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: First Addition-Forest Hills
Nearby schools
GreatSchools rating
- 9/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.6 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.







