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1305 Spruce St, Lake Oswego, OR, 97034

2beds
1baths
1,024sqft
$599,500
$585price/sqft
$4,284/moest. monthly cost
$171,360/yrincome needed

About This Home

Adorable 1950s cottage in the Hallinan neighborhood of Lake Oswego. Surrounded my million-dollar homes! Cozy little 2BR/1BA gem in a peaceful and private setting. Updated kitchen and bathroom. Kitchen with all new cabinetry, quartz counter tops and stainless-steel appliances. Newer carpet throughout. Upper level could be office, storage, playroom - get creative! Large deck off the back of the house. One car garage. Close to downtown Lake Oswego and three blocks to coffee shop.

Getting Around

63
WalkingSomewhat Walkable
26
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

9/10
8/10
Lakeridge Middle SchoolGrades 6-82.6 mi
9/10
Lakeridge High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1956

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Shake Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Gas Range,Free-Standing Refrigerator,Stainless Steel Appliance(s),Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Quartz
  • Flooring: Wall to Wall Carpet

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,024
  • Total interior livable area: 1,024 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: One Level,Accessibility

Details

  • Parcel number: 00263681

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Yard
  • Fencing: Fenced

Lot

  • Features: SqFt 3000 to 4999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Cold Wave
Earthquake

FEMA Declared Disasters in Clackamas County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,031$36,372
Home Insurance *$112$1,344
Property Taxes $965$11,580
Electricity $176$2,119
Total$4,284$51,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,880/yr
40% on housing$128,520/yr
45% on housing$114,240/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$585This listing

vs Other Active Listings

Avg $/sqft

ZIP 97034$527
Clackamas County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 97034$401
Clackamas County$294

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$575,000
2026-07-14Price change$599,500
2026-06-22Price change$625,000
2026-06-06Listed for sale$649,500
2024-11-23Listing removed$2,700
2024-10-11Price change$2,700
2024-09-28Listed for rent$2,850
2024-09-15Listing removed$2,850
2024-09-06Listed for rent$2,850
2024-08-20Listing removed--
2024-07-06Listed for rent$3,100
2023-02-12Listing removed--
2023-02-01Listed for rent$2,500
2021-05-10Sold$500,000
2016-10-27Sold$136,000
2001-07-13Sold$147,500

For Sale by Agent

AgentBill Gaffney
BrokerageChange Realty, LLC

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